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What are we Buying?

Posted on 9/23/22 at 6:05 am
Posted by CrawKing
Member since Mar 2018
180 posts
Posted on 9/23/22 at 6:05 am
Now that we are expected to drop below June lows, what is everyone starting to nibble on?
Posted by WillieD
Lafayette/BR
Member since Apr 2014
2008 posts
Posted on 9/23/22 at 6:05 am to
Enron
Posted by Bazzatcha
Member since May 2017
742 posts
Posted on 9/23/22 at 6:31 am to
quote:

CrawKing


Husss Alter?
This post was edited on 9/23/22 at 6:51 am
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41031 posts
Posted on 9/23/22 at 6:33 am to
Treasury bonds.
Posted by Billzbobo
Swamp
Member since Jul 2022
347 posts
Posted on 9/23/22 at 6:37 am to
Meh...with times like these, focus on hookers and blow with dat extra cash.
Posted by FLObserver
Jacksonville
Member since Nov 2005
14426 posts
Posted on 9/23/22 at 7:19 am to
I need Mcdonalds and Costco to get a little cheaper then i'm buying more. These are good recession stocks. If i was rich so many things on sale.
Posted by el Gaucho
He/They
Member since Dec 2010
52886 posts
Posted on 9/23/22 at 7:23 am to
I’m diversifying right now with Ukraine and pride yard signs as well as changing the banner on my fb profile picture. Once we go to a social credit based economy I’m gonna have way more good boy points than you stock guys
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
51394 posts
Posted on 9/23/22 at 7:23 am to
Not a thing. I'm stockpiling my investment money until I think this shitshow is over. At this point I'm still bearish definitely through mid-November, very likely through the end of the year.
Posted by BottomlandBrew
Member since Aug 2010
27049 posts
Posted on 9/23/22 at 7:28 am to
ETH, BTC, SOL, MATIC
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48267 posts
Posted on 9/23/22 at 7:33 am to
Obviously we can't time the bottom but bearish conditions are bad enough that I'm going to wait some more. Maybe until the S&P is below 3400. I'm just building up some cash until then.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420796 posts
Posted on 9/23/22 at 7:38 am to
quote:

I'm just building up some cash until then.


Yeah even with inflation eating it up, I'm just trying to accumulate a war chest.

I may try a personal goal for the next 12 months of getting $100k surplus from my company. Just grinding and grinding for a year and see what I can buy with it.

In the 2010s my mentor bought a business for a lot cheaper than I can contextualize and that thing prints money for him (and will do so in perpetuity). I'm trying to find something else to diversify my personal revenue generation.
Posted by fallguy_1978
Best States #50
Member since Feb 2018
48267 posts
Posted on 9/23/22 at 7:41 am to
I won't stay in cash for years but I think we'll have opportunities to buy stocks lower than they are right now in the next 6-8 months.
Posted by I Love Bama
Alabama
Member since Nov 2007
37686 posts
Posted on 9/23/22 at 7:42 am to
stacking cash, buying a little Bitcoin and pumping cash back into my existing biz.

Opportunities are coming. Get your powder ready.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420796 posts
Posted on 9/23/22 at 7:42 am to
Yeah if I can't find a company I can just devote a large down payment on a home if a good deal arises. I just want to be flexible because it's likely going to get real crazy in 2023 across the board.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
420796 posts
Posted on 9/23/22 at 7:44 am to
quote:

stacking cash, buying a little Bitcoin and pumping cash back into my existing biz.

Opportunities are coming. Get your powder ready.


Posted by damnlambert
Louisiana
Member since Oct 2019
155 posts
Posted on 9/23/22 at 7:46 am to
Times like this I remind myself that cash is a great position and never try to catch a falling knife. Also NEVER fight the fed.
Posted by j1897
Member since Nov 2011
3553 posts
Posted on 9/23/22 at 7:48 am to
AMZN looking attractive again.
Posted by el Gaucho
He/They
Member since Dec 2010
52886 posts
Posted on 9/23/22 at 7:49 am to
Slow what if we started a social justice credit company like they have carbon credits

Like we pass out turkeys on thanksgiving and give goodwill coats to prostitutes and sell that warm feeling to Fortune 500 companies that cause cancer in the delta and cut down rainforests or whatever

Think that would work?
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 9/23/22 at 7:50 am to
The same stuff I've been buying every week for the last 15 years.
Posted by UltimaParadox
Huntsville
Member since Nov 2008
40816 posts
Posted on 9/23/22 at 8:09 am to
quote:

The same stuff I've been buying every week for the last 15 years.


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