Stock Market is the bottom in?

[BuckSutherland]

Lots of blood in the water. Just got my taxes done today. Wish Schwab would get their shit together!!!! I cant get my tax statement from the assholes until 2/27. Flipping ridiculous. I have to make another large contribution to my SEP, but we cant figure it out until I get my Schwab statement. Pisses me off to no end.


I am hoping we keep going lower in the markets. I'd love a chance to buy a bunch of these names at much lower prices. Majority of my cash is not in the market. Everything I bought in the last 4 months sucks. Thankfully it wasnt that much. Glad to see my SCHD position has finally started producing gains.

 

[bigboreblr]

PAst few months its like a a fat kid in a candy store. Everything looked good. Look at 1 year or even 5 year data, stuff looks sky high.

Not a ton of time or money playing myself. But, been eyeing stuff with logical reasonable gains. Lotta smoke from the bottle rockets right now.

Thing get more scary or dumb, gold mike hike up again. That CEF I have will be cashed out as soon as it ramps up again. Probably most thing will be in the Schwab high dividend thing, or the pick of that ETF litter in individual stocks. Basic everyday needs.

Bitcoin folks are bummin'. Fad is dying? I always thought the attraction of Bitcoin was to dodge taxes. Now its mainstream....

I was reading something from mark Cuban comparing AI to the internet search engine chase. hotbot, yahoo, Google, etc..... Everybody pouring tons of money into a chase, and really only one big winner.

Don't think I am one for tax or stock advice. However, how does these kids IRA or trump accounts look like when you apply for financial aid in college? Don't want look too good on paper for that.

 

[SD51555]

PAst few months its like a a fat kid in a candy store. Everything looked good. Look at 1 year or even 5 year data, stuff looks sky high.

Not a ton of time or money playing myself. But, been eyeing stuff with logical reasonable gains. Lotta smoke from the bottle rockets right now.

Thing get more scary or dumb, gold mike hike up again. That CEF I have will be cashed out as soon as it ramps up again. Probably most thing will be in the Schwab high dividend thing, or the pick of that ETF litter in individual stocks. Basic everyday needs.

Bitcoin folks are bummin'. Fad is dying? I always thought the attraction of Bitcoin was to dodge taxes. Now its mainstream....

I was reading something from mark Cuban comparing AI to the internet search engine chase. hotbot, yahoo, Google, etc..... Everybody pouring tons of money into a chase, and really only one big winner.

Don't think I am one for tax or stock advice. However, how does these kids IRA or trump accounts look like when you apply for financial aid in college? Don't want look too good on paper for that.

I'm still picking up CEF. I figure each day it's down 10-20% from the previous day is a good one to grab some. I have no idea where it settles out. My base case hasn't change. The dollar cannot be saved, and I'm not going back to it. Metals investors have pretty thick skin, and we're used to these things that don't make sense, not making any sense.

I watched most of my gains melt away as whatever the hell just happened, happened. I am glad I skimmed what I did when I did, but the majority of it went up in smoke with the decline.

I did shove some cash in today and bought a bunch of PRU. PRU at $100 seems attractive and a good place to hide out while we figure out what happens next. They're paying 5.6% dividends, and raise that dividend every year about 4%. It's not a bunker buster, but it's a port in the storm if you need it, and the dividend increase each year is very important. It points to financial stability.

Crazy what's happening to the bro stuff like crypto and AI things. I'm very glad I didn't get too aggressive with PLTR. They've blown off 27% in the first five weeks of the year. I thought there'd have been more people behind that given what they're about. Soon as I get my shares, I'm gonna start 10% underwater. It gets painful at -15%.

 

[hunts_with_stick]

I sold off my ai stock, pltr and nvda when the big short guy bet millions against them. I had a nice gain, missed out on it going up some more, but way ahead of where it’s at now. Now just want to see how far down this goes. Crbl has been very good for me and I keep adding to it. Not sure when the right time is to get back into nvda or pltr

 

[Double Creek]

The S&P is less than 3% off all time highs. That’s really not even an average drawdown. Stay diversified and absolutely don’t sell into a panic. Sure, I have several names that were up 300% that have been cut in half and that is not fun but it is completely normal and part of the game. Keep the speculative stuff as a small percentage of your portfolio and sleep at night.

 

[bigboreblr]

Love the US but Worry about her too.

Been tempted to use those outside country ETF like VT as a parking spot.

The US budget is like an 18 year old kid with a credit card.

 

[Bowsnbucks]

Love the US but Worry about her too.

Been tempted to use those outside country ETF like VT as a parking spot.

The US budget is like an 18 year old kid with a credit card.

Saw this sh## coming about a year ago. U.S. markets at/near record highs, PE's at crazy levels. I pulled money out of some U.S. stock funds while they were up, increased our diversified stake with more serious $ in international-ex U.S. funds. Those are up about 34% in the past year. The world now sees the U.S. as ".... an unreliable political and global financial partner" - their words from ECB and the EU leaders. Things are gonna get dicey-er.

Here's a question - folks keep saying currency will be worthless, you need to buy gold. If currency becomes worthless, and I go to the store to buy a gallon of milk ...... how do I get change from my gold coin that's worth maybe $500??? Digital money is hackable from anywhere in the world - so there's no safety in that. Just a thought ........

 

[Westwind]

If massive inflation hits we will all be equally efffed.

I got partially out too soon. I will be all the way out pretty soon. S&P hits 8,000 I’m bailing out and keeping my head down for awhile. There is money to be made though if you have the knowledge, which I don’t.

The markets may not be done going up with the “irrational exuberance” sentiment but there has to be a pretty big drop coming this year. People will get burned.

 

[Howboutthemdawgs]

Saw this sh## coming about a year ago. U.S. markets at/near record highs, PE's at crazy levels. I pulled money out of some U.S. stock funds while they were up, increased our diversified stake with more serious $ in international-ex U.S. funds. Those are up about 34% in the past year. The world now sees the U.S. as ".... an unreliable political and global financial partner" - their words from ECB and the EU leaders. Things are gonna get dicey-er.

Here's a question - folks keep saying currency will be worthless, you need to buy gold. If currency becomes worthless, and I go to the store to buy a gallon of milk ...... how do I get change from my gold coin that's worth maybe $500??? Digital money is hackable from anywhere in the world - so there's no safety in that. Just a thought ........

Yeah, I agree the whole gold as a hedge against a crashing currency makes absolutely zero sense to me. I mean, what are you gonna do walk around with a gold bar and barter with the shopkeeper like it’s the 1300s. If our currency crashes the only thing that gold is going to be good for is beating somebody over the head with it who is trying to rob you. To me gold is simply a commodity to speculate with like a bitcoin or some other commodity that has zero real value if things were to hit the fan.

 

[Westwind]

Yeah, I agree the whole gold as a hedge against a crashing currency makes absolutely zero sense to me. I mean, what are you gonna do walk around with a gold bar and barter with the shopkeeper like it’s the 1300s. If our currency crashes the only thing that gold is going to be good for is beating somebody over the head with it who is trying to rob you. To me gold is simply a commodity to speculate with like a bitcoin or some other commodity that has zero real value if things were to hit the fan.

A gold bar in a tube sock…

 

[Howboutthemdawgs]

A gold bar in a tube sock…

I actually think you’re onto something. If currencies crash, a bar of gold will be more useless than the traditional bar of soap used in that scenario.

 

[Westwind]

“You want paid or do you want plunked?”

Plato o plomo (take my silver or take my lead) 2026

 

[buckvelvet]

TCGL has been locked up all week, interesting stuff and times....

 

[jsasker007]

Things are finally starting to go up again in the markets. Bad week for almost everything I'm holding.

 

[hunts_with_stick]

A lot of what I sold yesterday continues to go down. I did just pick up more amazon.

 

[jsasker007]

Just my opinion but I think SOFI is gonna keep going up for about another $20 a share. They crushed everything at the last earnings. Not putting all of the eggs in one basket but I'm loading up more asap. jmho

 

[bigboreblr]

When everythingbis worthless, become a value. You can do things, make things, learn how to do without.

Lot of clueless folks out there. Think someone else will bail ya out. Security net is nice, but you gotta still walk the tightrope...

 

[Westwind]

When everythingbis worthless, become a value. You can do things, make things, learn how to do without.

Lot of clueless folks out there. Think someone else will bail ya out. Security net is nice, but you gotta still walk the tightrope...

I’m not feeling it yet but I am going to buy my ass off at some point. I have never been out of the market on the scale I am right now.

 

[jsasker007]

The DOW broke 50,000.

 

[bwoods11]

When the market gets volatile, MO seems to shine ! Up 18% in a month .