Investing General Discussion

  • Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!



    Go here and give us your nominations!
    Who's been the biggest Asshat in the last year? Give us your worst ones!

Pops

Avatar of War Slayer
8,136
21,317
Good call. That cash horde. TEI a CEF has 21% cash. It's a foreign govie bond fund. At a 16% discount.
 

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,901
28,626
We're to the point where you're probably okay putting money back in. I'm still sitting out a bit more, but we're definitely entering the realm of clown world where the fed could destroy the entire economy trying to save equity values. They have burned out everything normal in the tool box and only made it worse. Now they can choose to cower in a corner or go the Zimbabwe path.
 

Pops

Avatar of War Slayer
8,136
21,317
We're to the point where you're probably okay putting money back in. I'm still sitting out a bit more, but we're definitely entering the realm of clown world where the fed could destroy the entire economy trying to save equity values. They have burned out everything normal in the tool box and only made it worse. Now they can choose to cower in a corner or go the Zimbabwe path.

Your panic is making it worse.
 

Attog

Blackwing Lair Raider
2,431
1,859
We're to the point where you're probably okay putting money back in. I'm still sitting out a bit more, but we're definitely entering the realm of clown world where the fed could destroy the entire economy trying to save equity values. They have burned out everything normal in the tool box and only made it worse. Now they can choose to cower in a corner or go the Zimbabwe path.

Not sure who this is directed to but this is flat our wrong depending on your individual situation. The markets could easily fall another 50% from here.
 

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,901
28,626
PLAY, I sold you on a rebound but 9 bucks.

Entertainment and hospitality stocks are going to get thrashed in this environment, but they also have a liquid low-skill workforce that makes it much easier for them to dump employees and wait it out to restart quickly when things are better. I think travel and hotels will have a longer-term impact, but companies like this should recover more quickly.

Not sure who this is directed to but this is flat our wrong depending on your individual situation. The markets could easily fall another 50% from here.

Yes. I definitely see more decline. I just feel like we're at a point where even if it does, it should bounce back relatively quickly in under a year at least. Everyone ultimately has to make their own decision in risk.
 

Ravishing

Uninspiring Title
<Bronze Donator>
8,456
3,577
Not sure who this is directed to but this is flat our wrong depending on your individual situation. The markets could easily fall another 50% from here.

Sure, they can...Anything is possible. But if it happens then we're probably royally fucked in other ways.
Markets fell 50% back in 2008.
If we say that happens again, we would see a 14.5K DOW.
If we see a 10K DOW then something else is happening in the world other than Coronavirus.
 

Attog

Blackwing Lair Raider
2,431
1,859
I like your optimism but it is historically unsound. We could enter a bear market that lasts a decade or more. I hope you are right though.
 

Pops

Avatar of War Slayer
8,136
21,317
Entertainment and hospitality stocks are going to get thrashed in this environment, but they also have a liquid low-skill workforce that makes it much easier for them to dump employees and wait it out to restart quickly when things are better. I think travel and hotels will have a longer-term impact, but companies like this should recover more quickly.



Yes. I definitely see more decline. I just feel like we're at a point where even if it does, it should bounce back relatively quickly in under a year at least. Everyone ultimately has to make their own decision in risk.

LOL. OK Boomer.
 

Pops

Avatar of War Slayer
8,136
21,317
.33 1 month t bill, my Fidelity govie mm is now neg. My SHV with a .15 fee is soon to join them. Hiding is no longer viable, time for more ass blasting.
 
  • 1Like
Reactions: 1 user

Hateyou

Not Great, Not Terrible
<Bronze Donator>
16,646
43,312
Kind of surprised at some of the health care stocks tanking so hard. Those places are not going to shut down. Unless the drop is from fear of the supply threat from China.
 

Furry

🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
<Gold Donor>
21,901
28,626
Kind of surprised at some of the health care stocks tanking so hard. Those places are not going to shut down. Unless the drop is from fear of the supply threat from China.

Their fear is a nuke from orbit in the form of democratic lawmaking.
 
  • 1Like
Reactions: 1 user

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,527
120,762
Kind of surprised at some of the health care stocks tanking so hard. Those places are not going to shut down. Unless the drop is from fear of the supply threat from China.
Don't forget to factor how horrible Biden looked in the debate. A Bernie victory is a stake in the heart of Healthcare companies.
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,527
120,762
So I took Blazin's advice and sold out of my TLT puts. The Fed gave me a big dick just as things were turning good. At this point I was just letting profit decay and didn't want to be a hog.

Made about 180% on the trade. No homerun, just a strong base clearing double.
 
  • 2Like
Reactions: 1 users

Hateyou

Not Great, Not Terrible
<Bronze Donator>
16,646
43,312
Don't forget to factor how horrible Biden looked in the debate. A Bernie victory is a stake in the heart of Healthcare companies.

Yeah you’re right. I had my eye on that up until a couple weeks ago when it looked like Biden was a lock. Been so focused on oil and covid I forgot those two idiots were still going at it. Those prices today look pretty enticing, I made a good return on CI at a similar price to today’s.
 

Sanrith Descartes

You have insufficient privileges to reply here.
<Aristocrat╭ರ_•́>
44,527
120,762
Yeah you’re right. I had my eye on that up until a couple weeks ago when it looked like Biden was a lock. Been so focused on oil and covid I forgot those two idiots were still going at it. Those prices today look pretty enticing, I made a good return on CI at a similar price to today’s.
I added a little bit to my UNH long this morning.
 
  • 1Like
Reactions: 1 user