@TiberiusBravo87 First, a few disclaimers on what I'm about to say: I'm a financial layman, I play safe and long-term with my money, and I go by gut feeling a lot, only bigger picture stuff. So don't take my advice (I'm also interested in what the more knowledgeable people on here have to say on this).
Except from a buffer that would pay my bills for three months, I put all my leftover money into various index funds - mostly global, but some national and regional as well. I don't invest more than I can hold on to, and not sell, during a crash.
I pay attention to the news. Whenever there's a panic of some kind, doesn't really matter the kind as long as it can potentially influence faith in the markets, I wait for a day or two for people to panic, and then I buy funds (only index funds, I don't wanna pay more comission than I have to for some person to play the lottery on my behalf).
Some economist out in the media, warning people about the markets? I buy. Bad news from Ukraine? I buy. Monkey pox outbreak? I buy. Whenever my colleagues at work are collectively worried about something in the news picture? I buy.
So I don't invest steadily, like "this much every month" and let it go automatically. I may save up a decent amount in my bank account, and then invest it all in one go depending on how much bad news there are in the media, how much panic.
Long term, I have faith in the markets. I don't see a prolonged scenario (15-20 years+) where the overall global economy will shrink. I have faith in technology increasing productivity long term, even if said technology means people are getting laid off. The energy crisis will be resolved. Once all the "green" people feel the result of their beliefs in their personal lives, and on their personal economy, there will be demands of clean, nuclear energy. Because unlike wind and solar power, nuclear power is actual technological progress. Even some climate ideologues are already calling out for nuclear energy.
Russia-Ukranie will be resolved too, one way or the other, and the flow of goods and services will resume and increase. And as for inflation, having your money in funds rather than in a bank account, offers some modum protection against that. So it's a double-win in that sense.
So that's my general thinking - a lot of gut feeling bigger picture stuff, combined with shorter term gut feeling gauging the general mood in the news cycle and populace. That's what I go by, within fairly safe boundaries. COVID was a fantastic investment opportunity as far as I'm concerned, Russia-Ukraine is going to turn out the same. Now I'm just waiting for a China-Taiwan panic, and I'll invest my next batch of savings.
But like I said, don't take this as advice. I don't really know what I'm doing, I'm just feeling what I'm doing if you catch my drift. Feedback would be much appreciated, cause there's always the doubt.Read More
Markets are down but could drop off a massive cliff... I've read iBonds are giving almost 10% and mostly Risk free. Other than that, no... I've got nothing right now for a beginning investor. The markets are looking extremely irrational to me and I'm good with my current positions.
Probably better starting a side-hustle and try to make money the old fashioned way.
Well... its been interesting for the traditional "meme" stocks..... (Tradition and Meme in the same sentence? typing that out was cringeworthy. )
Anyway... GME did a stock split via dividend. If reports are true, some brokers processed the split as a normal split, others did the split via divided. Its complicated an already complicated situation (thanks DTCC). Separately, the GME NFT portal marches on while offering a connection to the crypto-generation. Looking forward to GME's next move.
AMC released APE (AMC Preferred Equity) which was met with much fanfare and numerous trading halts on Day 1 (yesterday). Some brokers have reportedly not given APE to AMC holders yet which is causing a ruckus. Remains to be seen how the brokers resolve the discrepancy in both GME & AMC.
Markets appear to be teetering on the brink of a meltdown. Real Estate is in rough shape with rates increasing, deals falling through, and new buyers are drying up. Inflation is skyrocketing in Europe and expected to be worse as winter approaches (energy costs through the roof). The US Gov't doesn't seem interested in putting a cap on spending (Ukraine, student loan debt, inflation 'stimulus' checks) and the FED still hasn't moved MBS from their balance sheet (which apparently is a requirement - if the idea of reducing inflation is to happen). Teachers are already striking ahead of the start of the school year and would be the harbinger of higher local taxes on top of current inflationary concerns.... seems to be a perfect storm.
Started reading about Debt Spirals (which the US appears to be in) and there not many options to get out. With the 2024 election cycle starting to gain steam (already seeing some political ads which seems more like A/B testing for candidate favorability), will the gov't raise taxes, join the war, or just keep the money printer on?
Welcome to the 2nd half of 2022... Hold on!Read More
@slutmagazine I started learning stocks around when GME was first blowing up, but what I learnt is that the game is rigged from the start. Literally. The elite can trade before open. They can wipe out retail positions before they even have a chance to react. Then you have the SEC.
Sure it’s possible to win and git gud, but I don’t condone what it is the same way I don’t vote and condone the election system.