Well, I just made a pretty siginificant investment. I wish I could have bought more but am keeping some aside for more opp as I don’t think this is the end. It may pull back another half before it’s over. Regardless, the next few weeks, months, possibly years ain’t going to be for the week at heart.
I guess you missed this...Oh my god....you should sell everything now....
There's a plan.
I dumped equities 3 days post inauguration. If you are holding, not many options now...
Two days is not a few. It is a couple.
I wasn't claiming money cannot be made. Just Donny's path to the land of milk and honey. Seems to be via severe economic pain for many.
You aren’t getting it. The tariffs don’t matter. It is what the consumer is willing to pay for any good or service. If it is too high they will move to secondary options. In the short term there will be an attempt to increase prices - it won’t work in this economic environment. The companies will have to take the margin squeeze. This has been going on for at least a year. Tariffs are not the cause of this, they haven’t even hit yet. Much of what we are seeing is now the backdraft hangover from the Covid stimulus, which also affected the amount of retail investor money hitting the stock market - that is Biden’s doing. Now that M2 is getting jiggy the results are fairly easy to predict.
You are in a fantasy land.
The consumer has been tapped out for a while. Raising prices isn’t going to cause them to spend. This isn’t hard to figure out. Corporations will have to lower prices to get customers to buy. They will either take the margin hit or not make sales. That’s the reality.
I have orders for nvda in at 85.15 and 76.25, we’ll see
Went ahead and bought some Friday at $94 and some change. If it goes lower I’ll buy some more. This week gonna be interesting.
Yup. Thats an important number for me. I have been adding all the way down, but plan to use 25% of my cash on one buy at that level.
It hasn't seen that since 12/2023. It will be interesting to see if it goes that low.
Just SPY. I have enough individual stocks and none of them are at prices I find worthwhile at this time. I’m not interested in adding more of those unless they drop 35% or more.
Considering the amount of cash his company has/is sitting on, he believes there's been no good values out there for awhile now. When and what he buys will be interesting.
That’s what I’ve been doing since last week. I suspect this week is going to present even more. Just got to decide how much to spend, when and what to put it on.
I am a little older than you. Been investing for 44 years.
When I first started investing I'll admit I was fairly conservative, still am to some degree. In the beginning of my investing career I read a lot of Peter Lynch and Buffet and that has guided my choices. Boring I'll admit but I'm a blue collar guy, so I try to be smart with my money.
I just wish I had started doing this 20 years ago. I feel like I’m way behind the curve and look at these events as opp to possibly make up ground to get closer to where I feel like I should be at my age.
