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06-12-2020, 10:27 AM | #5356 |
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I've never liked gold simply because it is a pure "trade". I have never seen gold as an "investment". Too often it's flat money that pays little if any dividends at all.
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06-12-2020, 02:01 PM | #5357 |
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Gonna have a fairly decent finish maybe....the last leg down was rather weak and we saw a good bounce off of that and the 200 day held. That's a good sign going into the weekend. There was every excuse for people to dump out in fear of Monday. Still lost about half of the gains for the day though. And we are not done selling. I am seeing continued selling for a bit.
Unless something happens I would say start prepping for election concerns. |
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06-12-2020, 02:03 PM | #5358 |
I'll be back.
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IBIO with a big surge EOD.
We all know what's coming.
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06-12-2020, 06:02 PM | #5359 |
Politically Incorrect
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Low IQ
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06-12-2020, 06:15 PM | #5360 |
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06-12-2020, 08:14 PM | #5361 |
I'll be back.
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06-13-2020, 04:52 PM | #5362 | |
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Quote:
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06-13-2020, 06:52 PM | #5363 |
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I still strongly believe that institutional rebalancing will provide downward pressures on equities. To me, the institutional buying at the end of the first quarter explains the sudden recovery in equity prices.
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06-13-2020, 09:10 PM | #5364 |
Woman should only make babies
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can you explain to dummies for me?
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06-13-2020, 09:25 PM | #5365 |
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Basic allocation re-balancing. On a personal level it's large cap to mid cap, stocks to bonds, etc. On an institutional level, it's the fund manager re-allocating to different stocks within the overall portfolio. Once a quarter I look at which allocation is doing best in the short term and adjust. All of it.
Last edited by eDave; 06-13-2020 at 09:32 PM.. |
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06-13-2020, 09:45 PM | #5366 |
Woman should only make babies
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I don't know how to word this like a pro but my gut feeling is that the market bounces back too high too soon and will go down. It isn't going to return to covid 1 levels but just a reduction. I had an an account that was down 40 percent and just checked it again and it was back up to what it was before covid. So I am expecting a drop for awhile. I know this is a bunch of bullshit from a guy that lives with his mom, but hey I need to share my feelings on my 500 dollars in a Vanguard ETF
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06-14-2020, 02:27 PM | #5367 |
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7 things people who are good with money never buy
1. New cars. 2. Leased new cars. 3. Houses they can't afford 4. Things on credit they can't pay for 5. Luxury goods 6. Lots of "things" or cheap (low-quality) things 7. Expensive weddings https://amp.businessinsider.com/what...ney-do-not-buy |
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06-14-2020, 02:30 PM | #5368 |
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I really want a new car though. Might do it today. If I can find 8 hours in my schedule.
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06-14-2020, 07:00 PM | #5369 |
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Looks like tomorrow's going to suck ass.
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06-14-2020, 07:12 PM | #5370 |
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