Ask a professional

  • 🔧 At about Midnight EST I am going to completely fuck up the site trying to fix something.
my 3m, Johnson and Johnson, and SCI stock are through the roof now. my 6 flags and all gold/silver are down, but above when I picked them up. none of my stock load is necessity money, so this isn't life or death questions- but is it a good idea to dump the previous metals stock and pick up some things that will be affected by omicron/next wave, while they're cheap? I'd come out better than even if I dump them now, but don't want to ride them any lower.

I'm a small-bits investor and tend to buy/sell weekly at most. I'm usually after stock I can ignore a while, not day trade.

edit: don't suggest crypto, I parked BC years ago and won't be buying more

edit edit: the retirement fund is diversified and I don't pay attention to it. it's a safety-first portfolio, that's all I know
 
  • Thunk-Provoking
Reactions: Henry of Skalitz
Creepy Joe said:
Why are all the somewhat more popular, yet still retarded Twitch streamers and Youtube creators millionaires? Does ad revenue pay really that much? Does that mean that even partnered creators with smaller followings can get a decent amount of money? If you have a full time job, but also get money from Youtube / Patreon / donations, how does the taxing work for those sources of income?
Click to expand...
Yes and no. Lets make this clear. A great deal of them IHMO are borderline frauds that I've seen.
Then it is a matter of what exactly is a millionaire.

Through out my years I've seen "millionaires" living beyond their means and the end result because of not having a successful foundation of... well just about everything lose everything.

I personally don't really give one shit about Twitter or other so called millionaires as I pretty much loathe that stereotype as in the end it is all about Power and Control.

What is important is DON'T fall into the trap of envy about those fuckers. And DON"T fall into the trap of spending beyond your means.

And of course DO YOUR RESEARCH.
Hippopatumus said:
I'm currently 40% PM / 40% USD / 10% Crypto. No equities other than play money. I plan to hold the PM for ten years, no plan for the rest other than to stay safe and pay my bills. My only debt is my mortgage.

This is an almost aggressively war-time portfolio. Would you position differently?
Click to expand...
Mine is around 65% Tangible Assets, 30% Cash, and 5% Fuck You money. :woo:
 
  • Like
  • Informative
Reactions: Freshly Baked Socks, nah, Spasticus Autisticus and 3 others
Hippopatumus said:
Word.

I love bets where if I am right, I am extremely right. More excitement that way.
Click to expand...
Had to laugh today, when I made my deposits at one of the banks I do business in. The first words out of his mouths was " Tangible assets" and then "You were right" then proceeds giving info about certain rich people moving their money around.

In which I replied, "Well yes I knew several months in advance just watching key indicators that I know to make an assessment". "This is why Generation Fail will not get ahead" I continued, "They will not do any sort of long term research nor investment".

Then we proceed to discuss about the market and the economy for the next few months in the near future while he is depositing the money I brought in.

It's one of the few perks I kind of enjoy with a most satisfactionary smile on my face. Once you hit a certain amount in your bank account (s), the financial institutions will look at you and treat you differently.

Anyone can do what I have done. But it takes a long term approach, dedication in what you are doing, and as much research as you possibly can to get to the level of wealth that you want to.

And again with mine is to never having to worry about anything for the rest of my entire life because I do live within my beans.

And yes I do have Fuck You money.
 
  • Like
  • Feels
Reactions: nah, ApeBass and Autistic Joe
I hope you guys all invested evertything into ARKK like i told you.
its maybe not going to the moon, but you invested into a womans dream, and thats worth more than money...
 
  • Feels
Reactions: Ebony Way
Which direction is SPY/QQQ going Monday morning? ITM calls or puts at open?

The candles for 1/4/21 were big and red for both, so I’m just curious.

Edit: decided to throw QQQ in there instead of just SPY.
 
cuddle striker said:
is it a good idea to dump the previous metals stock and pick up some things that will be affected by omicron/next wave, while they're cheap?
Click to expand...

Yes.

JustFuckinaDude said:
Which direction is SPY/QQQ going Monday morning? ITM calls or puts at open?

The candles for 1/4/21 were big and red for both, so I’m just curious.

Edit: decided to throw QQQ in there instead of just SPY.
Click to expand...

Sorry friend, I don't play the first and last week around the calendar change. Ask again next week.
 
How likely is the fed to backpedal on rate hikes? I'm already seeing the beginning of phase 2 of the interest rate cycle begin where it starts to dawn on people that the infinite money machine might actually get shut off. I don't think Powell has the cojones to resist Wall Street once they start throwing a tantrum.
 
  • Thunk-Provoking
Reactions: Autistic Joe
cuddle striker said:
was good advice. SCI is up again, obviously. among others.
Click to expand...

Hope you made yourself some money.

Socrates said:
How likely is the fed to backpedal on rate hikes? I'm already seeing the beginning of phase 2 of the interest rate cycle begin where it starts to dawn on people that the infinite money machine might actually get shut off. I don't think Powell has the cojones to resist Wall Street once they start throwing a tantrum.
Click to expand...

Unclear at this time, it could go both ways. Before the last one or two minutes release(s), my view was that hikes were imminent. Currently not so sure but positioned for both outcomes. Try and be nimble, if you can.
 
  • Like
  • Agree
Reactions: Autistic Joe and cuddle striker
Simple Moving Average said:
Hope you made yourself some money.



Unclear at this time, it could go both ways. Before the last one or two minutes release(s), my view was that hikes were imminent. Currently not so sure but positioned for both outcomes. Try and be nimble, if you can.
Click to expand...
On another note, how do you feel about the crypto market currently? Over the past year or so it's started to look less like an alternative finance system and more like a part of the Nasdaq with less regulation, at least from my perspective. The scamming and fraud seems like it's only accelerated recently and I wonder if that's indicative of a future downward trend as more people get burnt.
 
  • Thunk-Provoking
Reactions: Autistic Joe
Socrates said:
On another note, how do you feel about the crypto market currently?
Click to expand...

How I feel about it?

Did I ever tell you guys I'm an artist as well? I paint pictures with pictures. Let me show you.

Screenshot_20220109-183727_WhatsApp.png

Screenshot_20220109-183752_WhatsApp.png

Note the dates. If I did this in equities, I'd be looking at 10-25 in Club Fed.

I hope the picture I painted you is clear enough.

Edited for emphasis.

I'll be using this post and others for a piece in one of my galleries. Thanks guys.
 
Last edited:
You must log in or register to reply here.
Back