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Started By
Message
Will move to protect my accounts tomorrow.
Posted on 1/27/21 at 9:47 pm
Posted on 1/27/21 at 9:47 pm
ALL SMILES
I have done extremely well from investing after covid. Most of you did too. In fact, the GME people WAAAAY better than me. BUT....
Something about the current climate and the shutting down of jobs and the reddit group is off to me.
I will take precaution tomorrow. I'm not selling out of my positions, but I am going some bear.
I am currently looking at SH, HDGE, FAZ. Mainly calls.
FNGD in out right purchases.
Am also looking at Puts on Bull market ETFs:
SAA.. Puts as cheap as .01
I'm not telling anybody what to do. I'm simply saying that my investments will be protected tomorrow.
I have done extremely well from investing after covid. Most of you did too. In fact, the GME people WAAAAY better than me. BUT....
Something about the current climate and the shutting down of jobs and the reddit group is off to me.
I will take precaution tomorrow. I'm not selling out of my positions, but I am going some bear.
I am currently looking at SH, HDGE, FAZ. Mainly calls.
FNGD in out right purchases.
Am also looking at Puts on Bull market ETFs:
SAA.. Puts as cheap as .01
I'm not telling anybody what to do. I'm simply saying that my investments will be protected tomorrow.
This post was edited on 1/29/21 at 12:28 pm
Posted on 1/27/21 at 9:57 pm to Jjdoc
I was going to start a thread for this bit it will work here.
My dad retires in a yr and is nervous as all hell. He wants to move it all to something completely safe until things play out a little more. The guy at JPM keeps telling him not to worry, he is diversified but after looking at his portfolio he is wide open for big losses.
Besides moving it all to the money market and holding where else could he put his life savings that is safe?
My dad retires in a yr and is nervous as all hell. He wants to move it all to something completely safe until things play out a little more. The guy at JPM keeps telling him not to worry, he is diversified but after looking at his portfolio he is wide open for big losses.
Besides moving it all to the money market and holding where else could he put his life savings that is safe?
Posted on 1/27/21 at 10:28 pm to Jjdoc
quote:
Something about the current climate and the shutting down of jobs and the reddit group is off to me.
They didn’t shut down reddit. They closed the room to sweep out the bots because they were clogging the room. It’s back and running.
Volatility is part of the market. The retailers think they have Wall Street on the ropes, but there are some remarkably smart people on Wall Street, too. It’s great theater that you can join in on.
This post was edited on 1/28/21 at 3:33 pm
Posted on 1/27/21 at 10:33 pm to Jjdoc
you made this same thread last year after covid and that obviously was an awful decision considering it was the best market in years
on top of that you also posted several short positions immediately after covid which you obviously got rekt on.
then you disappeared from this forum... until today?
k
on top of that you also posted several short positions immediately after covid which you obviously got rekt on.
then you disappeared from this forum... until today?
k
Posted on 1/28/21 at 1:19 am to Jjdoc
Legitimately tell me like I am 3 years old, aside from retirement accounts, how can you protect yourself without taking a 30% bath right off the bat in cap gained tax if you sell? Am I missing something?
Posted on 1/28/21 at 7:31 am to Jjdoc
Investing for dummy here.
What should I be doing besides 401k and IRA's.
Dabble very small in Market
Looking to earn max interest with limited liability (aren't we all)
Advice?
What should I be doing besides 401k and IRA's.
Dabble very small in Market
Looking to earn max interest with limited liability (aren't we all)
Advice?
This post was edited on 1/28/21 at 8:04 am
Posted on 1/29/21 at 11:58 am to Jjdoc
I'm just here to say this thread has way too many unnecessary line
spaces
cut the shite out
weirdos.
spaces
cut the shite out
weirdos.
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