It’s in the caption. He wasn’t promoting those at all. His headline is just sensationalized. Some people fall into the trap of buying because of the name.
Days like today are tough to wrap my mind around sometimes. Should be happy that this paycheck I had several K to invest after bills. But without even looking I know I lost 5 figures today based on market numbers, so it doesn’t even fill what I lost. But that means I also get a better price on what went in. And I guess having 5 figure swings regularly now means I have enough to have five figure swings, so there’s that. But still down 6 figures overall, which isn’t fun even if it’s temporary. But I guess the glass is half full? It is a messy business sometimes .
Not to mention the double whammy with inflation. Stocks need to be going up 8+% just to hold serve. Going down 10+% nominally on top of that is just brutal.
and because of that my bonds haven’t even been an offset to stock losses. They are down too. Just crappy all around. At least my home value rise has offset some of it, and right when bonds started spiking in put about 2.5 percent of my portfolio in real estate. And that’s done ok.
I can not recall a prior two-day period where the selloff was so steady. There was a minor bounce on Mester but we closed at the lows again. No bounce action at all.
sitting on a lot of dry powder right now for a variety of reasons. trying to determine when to allocate and how much at what time interval
That free NVDIA stock is looking awful right now LOL. But I did say I was looking long term on mine. So down like everyone in some. I'd put some into gold,ExxonMobil, Northrup & Lockheed too. Tesla, Berkshire have held ok. So half my screen shows losses & the other half steady or minor gains.
That & something about a special hard drive that mines bitcoin not being as popular as they'd thought, & some other stuff beyond what I get. The stock was free so it was awesome when high. Stinks that it's gone down so much but it WAS free so can't complain.
So my largest account, on what’s priced for today, gained .001 percent. One one thousandth of a percent. I would love to know the odds on having a change that small in a given day in a decent sized portfolio.
Yep, its been beaten up lately. Have a little of that and a chip fund (SMH) with Nividia in it and you would think with the chip shortage they would be going gangbusters but naw. Maybe because so much of China being shut down and the supply chain issues that still linger. I sold some dogs today and bought AMZN hoping for good things after the split. Also sold some dogs and bought I-Bonds and will be looking to move more into utilities. Something about a regulated business that pays dividends and has a profit guaranteed by law appeals to me in my dotage. Does anyone have any recommendations in Utilities.?
My day was rescued by Microsoft - up $13 +4.8%. they had better than expected earnings was the reason I heard. The bears are getting louder. Need to preserve.
I'm running out of room in my mattress to store cash, might have to go with a california king to free up some space