Investing (stocks and/or other asset classes).

[Surface]

Watching the GameStop story unfold, I was reminded of this movie clip.

The greatest trick the Devil ever pulled was convincing the world he didn't exist.

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[Matthew Hajicek]

I bought a couple hundred in plastic, resold it a week later for $9200.

[mattq]

bump to top

$BTC  guys

[TylerBeer]

Right now seems like the worst time to invest in bitcoin, so much heat - but who knows, it's gone up before wen it didn't make sense

[mattq]

I've been in for about a month so I'm doing good.  I'm just rolling with it now. Not much in 300-400 bucks but sitting up 35%.

[pmartin]

So...Any investment tips?

[Dan_AKA_ROY23]

So...Any investment tips?

Raise cash levels. Value > Growth. Sell tech. GTFO of bond funds. Don't buy gold funds (strong Dollar hurts gold)

[pmartin]

Raise cash levels. Value > Growth. Sell tech. GTFO of bond funds. Don't buy gold funds (strong Dollar hurts gold)

Cash I have after selling my 2nd home which I owned outright. It's sitting in a bank while I decide what to do with it earning a measly .33% I will probably retire the mortgage on my home but I'm toying with buying another fixer-upper which I could maybe rent out for a year and then dive into after retiring.

[Incogneeto]

Personally I'm Shadowing Pelosi's Husband who has an amazing 14.3% with the Dow.

https://nypost.com/2022/01/07/nancy-pelosi-makes-30-million-from-tech-stocks-scoffs-at-push-to-ban-congressional-trades/

Please look at the source.

[Dan_AKA_ROY23]

Cash I have after selling my 2nd home which I owned outright. It's sitting in a bank while I decide what to do with it earning a measly .33% I will probably retire the mortgage on my home but I'm toying with buying another fixer-upper which I could maybe rent out for a year and then dive into after retiring.

Could be a rough year for the stock market with inflation persistent - but the question begs where do investors put their money to work? Gold? (as rates increase the Dollar strengthens, which is bad for gold) Bonds? (bond funds hold older bonds, whereas with coupon rates increasing on newer issued bonds, the older bonds lose value on the secondary bond market trading) Real estate? (not sure, zoober would know best, but demand for homes may decrease sharply as mortgage rates increase). Cyrpto? (speculative and losing value hard recently, no clue but probably best to sit on the sidelines with this 'asset')

C.D.'s? Maybe. I would look to park your money in shorter term C.D.'s, you don't want to 'imprison' your cash too long. Short term C.D.'s (say 3 or 6 month) don't pay much, but better than a savings account and IF the financial markets have a bad year - the old saying goes "when chit hits the fan, cash is king"

Stocks? Not necessarily. They could drop hard from these lofty levels, however,... in the end they may be the best investment out there - better than the alternatives I listed above. Choose carefully. Value over growth stocks. Tech stocks could fall hard, stay out! Banks tend to fair reasonably well in a higher interest rate environment. Consider bank etf's KBE and KRE. For value stocks, look at etf's IWN and IJS (small cap 600 value index).

What do I know? About as much as anyone else as far as market direction from here. However, the various data lining up could be trouble. High valuations? Check. Stubborn and persistent inflation? Check. When the FED begins raising rates this year and if more aggressively,... chit could hit the fan. Rate increases can be effective slowing down inflation but it takes time, and several rate hikes potentially - which in turn can put the brakes on economic growth, which effects company sales and earnings - which hurts their stock.

[Dan_AKA_ROY23]

Oh, I didn't mention annuities. STFO of annuities! 

[thad]

Cash I have after selling my 2nd home which I owned outright. It's sitting in a bank while I decide what to do with it earning a measly .33% I will probably retire the mortgage on my home but I'm toying with buying another fixer-upper which I could maybe rent out for a year and then dive into after retiring.

Ally bank is paying .5%.   

[pmartin]

Oh, I didn't mention annuities. STFO of annuities! 

Thanks for the advise Dan.

[Leehound]

Oh, I didn't mention annuities. STFO of annuities! 

Why don't you like annuities? I have have one that give me about 7% in 3 years.

[Midwest]

Buy the dips.........