- 14,173
- 6,430
- Joined
- Feb 4, 2012
Tempted to cop some TTD at ~250, but i don’t feel comfortable buying anything in this market lol
Follow along with the video below to see how to install our site as a web app on your home screen.
Note: this_feature_currently_requires_accessing_site_using_safari
I second this questionThat reddit post is scary.
Don’t know if any of you guys were around during the 2008 fiasco but if it were to happen again what should we do to protect our 401k and Roth IRA’s
I second this question
Do we change our 401k allocations? Im all in a 2045 target plan right now
want to preserve if/when things keep going south
I second this question
Do we change our 401k allocations? Im all in a 2045 target plan right now
want to preserve if/when things keep going south
I’m gonna put the cash I’m using for my daughter’s college fund into the account and just waiting for much lower prices before I buy anything. 401k you could probably add some exposure to treasuries they have been killing it.
I think his name was bridgewater
What does that meanYeah why not? I moved from super aggressive to a lot of bonds but it’s not needed. I’d also make sure you are set liquidity to buy
*** seriously when did this happen Frank??Hold up, you have a daughter?!
Be mostly cash.Yep it was Bridgewater I remember reading that
What does that mean
Yep it was Bridgewater I remember reading that
What does that mean
Wife is due in September lol*** seriously when did this happen Frank??
Wife is due in September lol
Wife is due in September lol
Congrats broWife is due in September lol
I saw a post on Reddit this morning that echoed the same sentiments but used Apple in 2008/9 as a point of reference. Apple got crushed and took a whole year to recover despite being a dominant force with a monster pipeline. If the market is tanking, everything comes down with it. So I wouldn’t go crazy being overweight Tesla now if we continue lower, but you can probably expect a great buying opportunity to take advantage of then.johnnyredstorm congrats and gl!
question for experienced, if tsla continues crazy growth andkeeps beating guidance and estimates, in this market we are in, will ppl still buy or is the market too much to overcome?
Two scenarios I’m preparing for in my mind: A) this is all temporary and economic numbers rebound shortly and we are back to ‘normal’ B) this is actually the start of something very ugly and sustained
In case of A) it’s very simple, I will heavily long the things that fell the most during this scare, as the headlines fade, particularly BRZU, will probably open the largest position in my life on it with a price target of 30+, maybe even with max leverage. If it hits I will make multi-millions.
If B) Just day trade the swings and patiently await scooping up the deals of a lifetime on quality companies.
Ofcourse there’s no way to tell which scenario will be right, i’m maybe 60% to 70% leaning towards B) due to all the underlying structural problems in the repo and bond markets but the real tells will be the jobs numbers, forward guidance, and retail sales numbers in the next month or two.
JAY POWELL says Scenario A.
Sounds familiar. I mean the FED does have an amazing track record...
https://money.cnn.com/2008/02/14/news/economy/bernanke_paulson/index.htm
I’m down to the same two ideas as well. When looking at the charts of the holdings inside my funds, a lot of these growth companies are nearing points of support that should encourage either a short term bounce or even a reset of the uptrend. I plan on setting limit orders and alerts at these levels and adding a little bit when they reach to anticipate a bounce, but if we get a break down, it’s going to be option B all the way down. I’m thinking we see downside pressure for another week or two, test these support levels and then we’ll get clarity. Ironically, that’ll probably line up with the next fed meeting and QE.Two scenarios I’m preparing for in my mind: A) this is all temporary and economic numbers rebound shortly and we are back to ‘normal’ B) this is actually the start of something very ugly and sustained
In case of A) it’s very simple, I will heavily long the things that fell the most during this scare, as the headlines fade, particularly BRZU, will probably open the largest position in my life on it with a price target of 30+, maybe even with max leverage. If it hits I will make multi-millions.
If B) Just day trade the swings and patiently await scooping up the deals of a lifetime on quality companies.
Ofcourse there’s no way to tell which scenario will be right, i’m maybe 60% to 70% leaning towards B) due to all the underlying structural problems in the repo and bond markets but the real tells will be the jobs numbers, forward guidance, and retail sales numbers in the next month or two.