Don't Look at Your Portfolio!

[Clem72]

Golden Eagle coins...up near Rt 1 Laurel...sales on line...most within 2-3% of spot in bulk. (but it has been a while since I paid a visit) Always fair with me. goldeneaglecoin.com

Gold is much more liquid than silver, usually not very difficult to find gold in low volume for close to market price. People selling silver need to make more on small transactions, so to get spot pricing you need to buy in bulk. My old coin dealer would offer silver at spot if you bought 100 ounces or more, but this was a while ago (I remember the price being $7 an ounce last time I bought).

 

[OccamsRazor]

And WHERE did I say that?

Comprehension, Chrissy. Comprehension.

Don't Look at Your Portfolio!

Haha. Far from it. Just pointing out the daily hypocrisy. - My op-ed source is 100% reliable. Yours is garbage because it doesn't fit my talking points. - "I'm too busy to do any research on a topic BUT... you BETTER do your own when you want to disprove a talking point. - When all else fails...

forums.somd.com

Don't Look at Your Portfolio!

Haha. Far from it. Just pointing out the daily hypocrisy. - My op-ed source is 100% reliable. Yours is garbage because it doesn't fit my talking points. - "I'm too busy to do any research on a topic BUT... you BETTER do your own when you want to disprove a talking point. - When all else fails...

forums.somd.com

Don't Look at Your Portfolio!

Haha. Far from it. Just pointing out the daily hypocrisy. - My op-ed source is 100% reliable. Yours is garbage because it doesn't fit my talking points. - "I'm too busy to do any research on a topic BUT... you BETTER do your own when you want to disprove a talking point. - When all else fails...

forums.somd.com

You forgot this one...

Don't Look at Your Portfolio!

Haha. Far from it. Just pointing out the daily hypocrisy. - My op-ed source is 100% reliable. Yours is garbage because it doesn't fit my talking points. - "I'm too busy to do any research on a topic BUT... you BETTER do your own when you want to disprove a talking point. - When all else fails...

forums.somd.com

Memory Chrissy... Memory. Oh yeah, and the ability to search.

 

[Kyle]

You forgot this one...

Don't Look at Your Portfolio!

Haha. Far from it. Just pointing out the daily hypocrisy. - My op-ed source is 100% reliable. Yours is garbage because it doesn't fit my talking points. - "I'm too busy to do any research on a topic BUT... you BETTER do your own when you want to disprove a talking point. - When all else fails...

forums.somd.com

Memory Chrissy... Memory. Oh yeah, and the ability to search.

Just when I think you might actually get there... Whoosh. you miss again.

 

[OccamsRazor]

Just when I think you might actually get there... Whoosh. you miss again.

- "When did I say that?"
- "You said it right here... It's in black and white."
- "You missed the point."
-"The point that you said it?"
- "NO.. the POINT."

 

[PeoplesElbow]

Why?

I think pain is coming, with it less fuel used. Collected 60some shares from dividend reinvestment, had a big return figured I wanted to lock it in. If it drops down past $70 I'll rebuy.

My portfolio was a little too energy heavy.

 

[phreddyp]

I think pain is coming, with it less fuel used. Collected 60some shares from dividend reinvestment, had a big return figured I wanted to lock it in. If it drops down past $70 I'll rebuy.

My portfolio was a little too energy heavy.

Thank you for your explanation. I was having trouble with understanding why you were closing out a position which after buying in 2020 at about 53 bucks a share and almost 8% dividend suddenly did not seem attractive.

 

[Hessian]

The Dow collapse since Jan 1 is LARGER than the collapse from Covid in 3/2020
Nothing to do with resources, work, covid....everything to do with Democrat policies and horrible fascination with destroying our middle class through Green initiatives, and abysmal foreign policy.

 

[PeoplesElbow]

Thank you for your explanation. I was having trouble with understanding why you were closing out a position which after buying in 2020 at about 53 bucks a share and almost 8% dividend suddenly did not seem attractive.

The dividends were nice, but paled in comparison to the share price increase. It was also in my ROTH, so no taxes on the capital gains.

I'm still invested in CEQP, TELL, and XLE. I've bought and sold TELL multiple times in the last couple years, its a nice volatile stock. The CEQP is the hardest to hold onto, selling the XOM was a bit of a compromise, in my head. All of these are in my ROTH.

 

[Kyle]

- "When did I say that?"
- "You said it right here... It's in black and white."
- "You missed the point."
-"The point that you said it?"
- "NO.. the POINT."

If you can’t follow a conversation, That’s no one’s fault but yours.

 

[Hessian]

Oh,...look...how cute.
The DOW is now back to where it was in the third week of Biden's term.
Roaring back.
What is pending you ask?
Probably a dramatic reaction to the election. Here is an old Formula: If the Prez & Congress are at odds (run by different parties)...then neither can pass legislation, and the economy is unlikely to be interfered with from either side....meaning? The portfolios will grow again.

We may be seeing that rally now.
How will Dems interpret it?....Like they always do!
A) Fat Cats on Wall St (Obama quote there)....getting rich on poor people's misery.
B) Proof that Biden's plan is working!...just give it time because the Republicans will crash the economy!
(of course they are wrong....duh)

If you need to pull some profit from the market...might consider this brief surge as an opportunity.

 

[Sneakers]

Market is improving because investors know the Republicans will be taking back the nation shortly. Confidence is improving.

 

[stgislander]

Wall Street will always find a way to make money.

 

[HemiHauler]

Market is improving because investors know the Republicans will be taking back the nation shortly. Confidence is improving.

 

[LightRoasted]

For your consideration ...

Yup. It's getting worse and worse out there. At Giant, today, right now, a 24 case of Deer Park water used to be $3.98 each, and when on sale was 3/$10. Now they are $6.49 each, and on sale 3/$15! Up 50% since over the last 6 months! Also, and now, it is official, regular bacon prices across nearly all brands are $8.99 a pound. In addition to breakfast sausage is now $5.99 a pound!

Now, just you wait until the spending pullback by the American consumer for the purpose of just to feed themselves and to get to work and how this will affect retail goods sales side of things. Traded corporate stocks are going to tank because the consumer will be tapped out which will be reflected in corporations quarterlies.

The writing is on the wall. The pot is beginning to boil. Prepare for the coming pain. This is what hyperinflation looks like.

 

[Sneakers]

I did see a significant improvement in my IRA last month. Nowhere near where it fell from, but getting better.

 

[Clem72]

I did see a significant improvement in my IRA last month. Nowhere near where it fell from, but getting better.

My investment account is still down around 30% I think (hesitant to look). There was some improvement but the market has been fighting any positive movement.

 

[Clem72]

For your consideration ...

Yup. It's getting worse and worse out there. At Giant, today, right now, a 24 case of Deer Park water used to be $3.98 each, and when on sale was 3/$10. Now they are $6.49 each, and on sale 3/$15! Up 50% since over the last 6 months! Also, and now, it is official, regular bacon prices across nearly all brands are $8.99 a pound. In addition to breakfast sausage is now $5.99 a pound!

Water seems like an interesting case study. The cost has to very heavily favor transport / storage. Plastic bottles cost almost nothing and the water is also almost free (either from a natural source or municipal filtered).

So if it went up a great deal it has to be because it cost more to ship it, right?

 

[LightRoasted]

For your consideration ...

Water seems like an interesting case study. The cost has to very heavily favor transport / storage. Plastic bottles cost almost nothing and the water is also almost free (either from a natural source or municipal filtered).

So if it went up a great deal it has to be because it cost more to ship it, right?

Possibly. I dunno though. Fuel costs might be a factor for shipping tons of bottled water, but for everything else as well? Me thinking there's more to the price increases than energy costs. Something by the way of a phenomenon called the reckless expansion of the money supply .... monetary inflation.

But oh, one more thing .... Kerosene is now $6.98 a gallon at that gas station next to the junk yard on 235!

 

[Hessian]

Oh look the Red wave wasn't decisive...lets dump millions of $$ of shares off the market. 650 pt drop today.
They realize the Republicans can't counter the recession that is already here.

 

[LightRoasted]

For your consideration ...

Though in the beginning FTX is discussed, What is very interesting is the talk of the future of unemployment. "Expected" to be increasing to 7.5% beginning next year. I'll take bets it's going higher than that. (ShadowStats has unemployment currently running around 25%. Now add that 7.5%+). If this really pans out, which I think it will, what happens to consumer spending? Consumer spending will go considerably down. Which means that stocks will have to necessarily follow due to the lack economic activity. Which means a crash, or serious correction, is coming.

Class .... You here, have a unique opportunity to see this information, and to try and understand it, as well as to take advantage of this warning notice, that millions of others will fail to realize and understand about the economic future of this Nation. Many people will suffer because of their ignorance. Do not be one of those that do. Take measures now to safeguard any investments you have, right now, before you take a huge financial hit. Everything else in the news, FTX, Ukraine, the Kardashians, the latest release of whatever movie, etc., are all distractions from what really is happening and to keep you from pulling out. They, the financial wizards and talking heads, are lying to you, to keep you in the market casino. Don't be taken for a fool, a rube, a mark.

If, after you take your money out, and park it in your bank account, and find out later that I was wrong, simply put your money back into those investments. No harm no foul. But if I'm right, you'll have saved yourselves from possible financial ruin. Stop gambling with your future, and that of your families. Protect yourselves now.

This has been a public service announcement from a fella that can read between the lines. And can hear what they aren't saying.

P.S. I'm talking about simple retail investors, 401K's, IRA's etc.. If you are an active investor, options trader, shorts and/or puts, or other types of instruments, then you already know what to do, or how to take advantage of what is coming. The above advice is for those passive investors.