Current issues with the market - Any ideas on avoiding the end?

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Route 79 said:
I kick myself for not buying $SQQQ a couple months ago.

America could devolve into a balkanized hellhole run by warlords and $TSLA would still moon for some fucking reason. Nevertheless Cathie did her job trotting out equities that were going to tank. They're are a lot of plain people out there who take tips from the media, the poor souls.
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It's really amazing how much advertising you get when you give free EVs to all of Congress, isn't it?

Retink said:
Well, if anything is true it's that how you behave in the upcoming shitstorm that defines you as a person in your near future. Tell me, how do you feel?
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I've been so leveraged against the market for so long that this just feels like sweet, sweet release

Stoneheart said:
Hedgefonds are attacking Japanese bonds right now.
lets see if the hedgies win or the central bank that said they will buy unlimited amount of bonds...
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That's because Japan is dovish as shit and Kuroda has been buying unlimited bonds at 0.25%. My friends there say they don't feel like they can travel outside the country anymore on their income. USDJPY is 135ish, which is terrible when the USD itself is shit; we've exported a massive amount of inflation to our allies.

...Yolo into $YCS calls
Getting tard comed said:
Econkiwis, what's this mean?
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It should mean we're getting serious about inflation and destroying dollars, but since permacuck Powell decided to softpedal the speech with "haha actually we're not going to do this very much", it means the markets themselves are the Fed president and they'll make up whatever rates they damn well please. Someone from the Fed will very politely leak any potential surprise moves days in advance so anyone with two brain cells to rub together can buy $GLD leaps or whatever
 
the fall of man said:
I've been so leveraged against the market for so long that this just feels like sweet, sweet release
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I took a reasonably large hit in the last week or so, but I'm not really too worried as I have a rather defensive portfolio of dividend paying stocks that are rather stable companies. Though really at the end of the day I've seen enough of this shit before and I know if things do go to shit I'll be able to rebuild again as needed.
 
Retink said:
I took a reasonably large hit in the last week or so, but I'm not really too worried as I have a rather defensive portfolio of dividend paying stocks that are rather stable companies. Though really at the end of the day I've seen enough of this shit before and I know if things do go to shit I'll be able to rebuild again as needed.
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My literal retard tier strategy is based on the ridiculously high dividend of USOI as gas prices move slowly upward, the huge jump in NRGD if gas prices go down, and using my 401(k) to protect me from the terrible tax costs of USOI.

I'm sure this will go badly somehow

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Neigh said:
Also, will property values dip significantly? It seems the demand keeps increasing in the areas people are fleeing to. Is there publicly available mortgage data?
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In general, they'll go down, though some places more than others. If your house is in someplace like Austin or Boise and you bought in the last 6-12 months...it won't be pretty. Sellers there are already having to adjust downward, which is a huge change from the start of the year when everything sold over the listed price.

It'll probably bounce back up over a longer time line, but it's likely it won't be a good market to sell for a while.
 
the fall of man said:
My literal retard tier strategy is based on the ridiculously high dividend of USOI as gas prices move slowly upward, the huge jump in NRGD if gas prices go down, and using my 401(k) to protect me from the terrible tax costs of USOI.

I'm sure this will go badly somehow

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Most things go badly, it's just about navigating the pitfalls more than anything. I should probably check my 401k, I haven't fucked with it since I left the company I worked for about half a year ago. I just use a personal account and have a good mix of REITs along with safer companies like PEP, MMM, and MO with some ETFs like XLE (bought when Russia went to war and now up something like 50%) and SPYD to anchor.

Dividends don't really change returns in themselves, but I like being able to collect them and invest them into whatever holding I'd like as a sort of diversification method. So that way if I hold it and it doesn't recover, at least whatever I bought with the dividends has a chance of mitigating that in a retarded hedge sort of way.

I'm also just going to say, that yield is pretty fucked and I can't imagine USOI doing well long term, so that amount you have in it is questionable.
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Usually stuff with such a high yield will get crushed long term as it sees a decay of principal and the yield will probably be cut, but I never looked into USOI so I couldn't say one way or the other.

The highest yield rate holding I have is a tiny position in BSM which I got around the time I was buying things like XLE just to have exposure to various oil holdings
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Really I'm just building my own retarded ETF with how many holdings I have. It seems to track the DOW more than anything which shows my preferences.
 
Retink said:
Most things go badly, it's just about navigating the pitfalls more than anything. I should probably check my 401k, I haven't fucked with it since I left the company I worked for about half a year ago. I just use a personal account and have a good mix of REITs along with safer companies like PEP, MMM, and MO with some ETFs like XLE (bought when Russia went to war and now up something like 50%) and SPYD to anchor.

Dividends don't really change returns in themselves, but I like being able to collect them and invest them into whatever holding I'd like as a sort of diversification method. So that way if I hold it and it doesn't recover, at least whatever I bought with the dividends has a chance of mitigating that in a retarded hedge sort of way.

I'm also just going to say, that yield is pretty fucked and I can't imagine USOI doing well long term, so that amount you have in it is questionable.
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Usually stuff with such a high yield will get crushed long term as it sees a decay of principal and the yield will probably be cut, but I never looked into USOI so I couldn't say one way or the other.

The highest yield rate holding I have is a tiny position in BSM which I got around the time I was buying things like XLE just to have exposure to various oil holdings
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Really I'm just building my own retarded ETF with how many holdings I have. It seems to track the DOW more than anything which shows my preferences.
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USOI is based on oil price futures (it sells covered calls at a 6% premium, which effectively loses you any excess movement in oil prices) - it's short gamma, whereas NRGD is your much more typical leveraged short on an index of big oil companies. There are times when they both move the same direction (if prices go up but taxes keep companies from making profits, USOI will rise, but NRGD will also rise), but they are *generally* inverse and move in the same direction.

The thin margin Trump era was definitely a poor time to hold USOI. My original goal was to do a standard "hold NRGD through the winter" play, but then oil prices never went down and I've been holding just to generate capital.

Building your own ETF-like fund individually using something like a "Dogs of the Dow" strategy is one of my goals once we return to somewhat more normal markets, but as it is, I can't imagine a bullish portfolio working except in utilities and healthcare (until post-reversion). I suppose we'll see; if I end up burning through theta decay when oil demand melts, it's my own damned fault
 
eternal dog mongler said:
See if you can get a government job or a job with a contractor that works for the government.

Private sector is going to be nasty for a while.
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I personally can't wait until this downturn starts hitting the tech-startup-bro sector of the market, they've been peddling niche-inside-a-niche services for way too long because "ooh it's like X but on your phone!" is the equivalent of "it's like X but on the internet!" in the 90s.
 
TFW your RSUs vest and your stock drops 10% before the shares even hit your account. Oh well, at least I enjoy my job! LOL no it fucking sucks
 
tehpope said:
Daniel is a minor lolcow. But he put all his stocks into tech and tried to be a day trader.
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Is he serious? About 3/4 of the way through I was like, wait, is this a clever troll? "I didn't want to blow it all on phones and game consoles, so I bought stocks like you're supposed to".

Really? There was nothing in-between these two things you could have possibly thought of? Even just easing back a littttttttle like, maybe get a portfolio management service?

I'm not really sure what crypto is doing right now. It didn't tank at the fed news. BTC is sitting just below the 200W moving average. BTC dominance is down. Some of the alts are actually looking a bit bullish. Crypto youtube is freaking the fuck out (but still shilling their affiliate links).
 
Treasure Champs said:
Is he serious? About 3/4 of the way through I was like, wait, is this a clever troll? "I didn't want to blow it all on phones and game consoles, so I bought stocks like you're supposed to".

Really? There was nothing in-between these two things you could have possibly thought of? Even just easing back a littttttttle like, maybe get a portfolio management service?
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Daniel is retarded. He married, and later divorced, a Japanese woman who didn't speak English.
 
Oil tanked really hard - hard enough that I exited USOI while still at a profit (right before the dividend date - I had to do the math). Everyone has realized the recession is here, and we are now moving into consumer demand destruction.

Short oil, but long sweatpants and maximum comfiness
 
I'm a retard who invested a stupid amount of money into the market just a month before this shitstorm. I could have picked up bargain after bargain in stocks and now I'm looking at all red everything.
 
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