Investing megathread extravaganza

[DaFace]

A place to talk about investing stuff.

[lewdog]

Originally Posted by Buehler445

The current downtrend line is exactly the reason it was stupid to kick more money into the IRA.

Yes and no. All the stuff we talk about in threads like this is just guessing. Nothing wrong with putting money into stocks during a downtrend if you're years away from using that money. There's nothing wrong with dollar cost averaging, it's just boring to talk about.

[Buehler445]

Originally Posted by lewdog

Yes and no. All the stuff we talk about in threads like this is just guessing. Nothing wrong with putting money into stocks during a downtrend if you're years away from using that money. There's nothing wrong with dollar cost averaging, it's just boring to talk about.

I know this. but it sure feels dumb

[Rain Man]

I feel like a market dynamic has changed.

For the past year, any time there was good news the market would pop up and then people would sell off in response and drive it back down.

For the past few weeks, it's been the opposite. If bad news initially hammered the market down, then people would start buying and pull it back up.

Anyone else noticing this?

[scho63]

Originally Posted by scho63

I see a rally for the 1st quarter of 2023.

Pessimism all over and tax selling done. Too much money on sidelines with so many stocks beaten down into oblivion.

So far so good. Expect it to continue into February

[lewdog]

Originally Posted by scho63

So far so good. Expect it to continue into February

I think the FOMC meeting February 1st and the real kicker. We could really see a market rally if they back off the rate hikes for a while. If not, this could have been just another small rally in a bear market.

[lewdog]

It's been a very pattered bear market too. The ups and downs haven't been as choppy as expected.

[Kopinto]

Originally Posted by lewdog

Here's the long overview. Generally, the bottom of a bear market isn't found until capitulation happens. On a chart, this is vertical selling. See the previous examples of this. If capitulation happens we could see a bottom around 325-300. I also find it interesting that the recent peaks of each down wave follow a very consistent trend line. Meanwhile, I am thinking what assets to acquire. Beatmarket helps me a lot with that with sensible recommendations.

I believe that we could go even below 300.

[scho63]

The rotation back into tech has been spectacular. Some are up 100% from the lows from late last year.

[lewdog]

Alright, I have found what I will be parking our emergency savings fund in, that is easily accessible but offers more than a savings account doing nothing.

TBIL which is an ETF. Easier than actually buying T bills from the treasury itself, which seems less liquid. This is in my TD Ameritrade account.

Should yield 4.37% currently (will go higher) and with no risk. It's an ETF so it trades just like a stock at any moment. Hope this help someone out who doesn't want to just park their emergency money is something that returns nothing or isn't liquid enough to access like a CD.

https://www.thestreet.com/etffocus/d...-yield-t-bills

[Stewie]

There are online banks paying 4.5%+ for a simple savings account. FDIC insured.

[lewdog]

Originally Posted by Stewie

There are online banks paying 4.5%+ for a simple savings account. FDIC insured.

Link some?

Only ones I’ve seen you have to do all these transactions and such a month. And those were for 3.75%.

[Rain Man]

Originally Posted by lewdog

Link some?

Only ones I’ve seen you have to do all these transactions and such a month. And those were for 3.75%.

Today I just put a bit of money into a 1-year CD for 5.0 percent and also a 5-year CD for 5.0 percent. I can't figure out how to link them, but they're

JPMORGAN CHASE BK N A CD 5.00000% 02/28/2024 (1 year)
BANKGLOUCESTER CD 5.00000% 02/28/2028 (5 year)

Did I do good or did I do bad?

My goal these days is to just match or beat inflation overall. So I don't need to get rich. I just need to avoid getting wiped out. It seems to me that inflation over the next five years will be less than 5 percent, so I'm liking the long-term CD.

This is all money that's just sitting in cash right now.

[Stewie]

Originally Posted by lewdog

Link some?

Only ones I’ve seen you have to do all these transactions and such a month. And those were for 3.75%.

Popular Direct and Bask Bank come to mind. No weird transactions etc. from what I remember.

[Stewie]

Originally Posted by Rain Man

Today I just put a bit of money into a 1-year CD for 5.0 percent and also a 5-year CD for 5.0 percent.

Did I do good or did I do bad?

My goal these days is to just match or beat inflation overall. So I don't need to get rich. I just need to avoid getting wiped out. It seems to me that inflation over the next five years will be less than 5 percent, so I'm liking the long-term CD.

This is all money that's just sitting in cash right now.

I did something similar a couple of weeks ago. I bank through Capital One and they offer an 11 month 5% CD.

[lewdog]

Originally Posted by Hog's Gone Fishin

QYLD pays a 13.05% Dividend and pays monthly

It's a covered call ETF

Down 23% from it's high this year. Dividends are not free money and are not risk free when the stock price tanks along with your capital.

Don't confuse people into thinking these are the same.