Anyone investing heavily this year??

[BlackRob]

Jim Cramer says it’s too early to buy until we find out whether new variant is spreading in the U.S.
PUBLISHED FRI, NOV 26 20219:50 AM ESTUPDATED AN HOUR AGO
https://www.cnbc.com/2021/11/26/jim...ether-new-variant-is-spreading-in-the-us.html

Friday’s sharp decline for stocks, spurred by concerns over a new Covid-19 variant, is not a buying opportunity, according to CNBC’s Jim Cramer.

“We’re going to wake up next week and find one [case] in this country, and I’m not going to recommend anyone buy anything today until we’re sure that isn’t going to happen. And I can’t be sure that it won’t,” he said Friday on CNBC’s “Squawk on the Street.”

“No panic. Let others panic. We’ll profit Monday,” he added.

The Dow Jones Industrial Average dropped 800 points at the opening bell, for a loss of 2%. The S&P 500 declined about 1.3%. The sell-off followed the World Health Organization warning on Thursday about a new variant that’s been detected in South Africa.

Cramer said that it makes sense for names like Regeneron and Pfizer to move higher, but that other areas of the market should be avoided.

 

[Aww Skeet Skeet!]

Damn, I wish I saw this thread yesterday! Fuck...

 

[xfactor]

Yep, short sellers are going to rack up.

Tried to warn brothas. Today is taking care of the holiday shopping bill if you know how to short sell or playing put options. But what do I know, I’m just a troll

 

[babydaddy]

I saw the news about travel and covid, i dropped a same day put option on American airlines 1st thing this morning..I regret i didnt put more, But win is win lol.

 

[Llano]

I need apple & tsm to go down a little more so I can load up.

 

[bgbtylvr]

Tried to warn brothas. Today is taking care of the holiday shopping bill if you know how to short sell or playing put options. But what do I know, I’m just a troll

Start dropping how to trade options. Some of us wanna learn. start a running lesson in the thread.

 

[havelcok]

 

[xfactor]

Yep, I posted about the sell off and had shit to do with COVID. If anything it exacerbated the inevitable and put the COVID stocks such as $AHPI and $APT and $COCP back in play.

 

[xfactor]

Start dropping how to trade options. Some of us wanna learn. start a running lesson in the thread.

You can start by reading this -

Principles of Economics: The Banking System and Money Creation (run by the international banking cartels)

24.2 The Banking System and Money Creation Learning Objectives Explain what banks are, what their balance sheets look like, and what is meant by a fractional reserve banking system. Describe the process of money creation (destruction), using the concept of the deposit multiplier. Describe how...

www.bgol.us

 

[babydaddy]

Start dropping how to trade options. Some of us wanna learn. start a running lesson in the thread.

i didn't understand how options went until i put some small skin in the game

 

[havelcok]

 

[HellBoy]

Webull now allows you to create orders when the market is closed (finally).

 

[havelcok]

 

[Madrox]

Start dropping how to trade options. Some of us wanna learn. start a running lesson in the thread.

 

[gene cisco]

Yep, I posted about the sell off and had shit to do with COVID. If anything it exacerbated the inevitable and put the COVID stocks such as $AHPI and $APT and $COCP back in play.

COVID is the perfect cover for shit. It's like the gift that keeps on giving "on fears of a new (insert COVID excuse), the market is crashing!" Since it's all psychology, it's always the weak hands and greedy who suffer.

Crypto has this bullshit on its own but also has to deal with the regular shit stocks, etc, go through.

 

[Efkie]

physical cash vs virtual cash

 

[HellBoy]

 

[Cle Da YoungKingPin]

what investment groups are you brothers in? looking for 1 to join

 

[Z MONSTER]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

 

[tontotonto]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

A few index funds with the majority in a S&P fund. The most important thing he can do is be consistent with contributions. Every month add $500 and with the power of compounding he could retire at 40.

 

[Flawless]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

Max his roth ira for this year and next year

 

[havelcok]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

vstax

 

[Madrox]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

A few index funds with the majority in a S&P fund. The most important thing he can do is be consistent with contributions. Every month add $500 and with the power of compounding he could retire at 40.

Max his roth ira for this year and next year

vstax

All these. That young the with that stash the best thing you can do for him is implore him to at least open a Roth IRA and contribute some cash each month. Even a little. By the time he's 40 he'll thank himself bigtime, and have options as far as money for a house downpayment, etc...

All he really needs there to start out is either a Total Market fund (VTSAX or VTI), or S&P 500 fund (like VOO) .. and if you want some International exposure add VXUS... or just go with a Total World fund (VT)..

If he/you want to go with a separate taxable account as well, I would say to start with the same base (broad market fund) until he/ you decide which individual stocks are interesting enough to invest in long term..


EDIT: I will add that right now the market as a whole is at an all time high. So it might be smart to open these accounts with the minimum and make small deposits each month (aka Dollar Cost Average his way in) rather than lump-summing it. That way you will kind of ride the wave up slowly, but ride it up indeed over the long term. Instead of risking a lump sum deposit right now and going ALL-in at the high.

Let me know if that makes sense and anyone else feel free to correct me if I'm wrong.

Three-fund portfolio - Bogleheads

Roth IRA - Bogleheads

 

[conspiracy_brotha]

My 21 year old son has 13k in his savings, no bills. What should be do with that money?

Also tell him to avoid YouTube stock advisors like the plague.

 

[Bumpyjohnson_12]

Crypto Currency...it's not going away

 

[Rudey]

A few index funds with the majority in a S&P fund. The most important thing he can do is be consistent with contributions. Every month add $500 and with the power of compounding he could retire at 40.

At 40?

Sure, if he wants to live a minimalist lifestyle.
He would have to up that contribution drastically because index fund returns are not that high.

I would split the money 50/50, S&P 500 and a sector ETF (tech or energy).
At 21 you have to tolerate some risk.

 

[Flawless]

And just like that the market is back up.

 

[Flawless]

At 40?

Sure, if he wants to live a minimalist lifestyle.
He would have to up that contribution drastically because index fund returns are not that high.

I would split the money 50/50, S&P 500 and a sector ETF (tech or energy).
At 21 you have to tolerate some risk.

WHat I do is look at the top 20 stocks in a index fund I like and buy those stocks. That way I own the shares, get the dividends, and no fees. Just make sure he is not overweight in any one sector. But this is if he is willing to do the work and re balance and research the companies.

 

[havelcok]

hood is getting into buy therapy
once lock down period is over
it might drop down to 15

 

[HellBoy]

 

[conspiracy_brotha]

you were spot on with your last video, with the vaccine stock picks. moderna ran good today.

 

[HellBoy]

$HPE has earnings tomorrow AH. If it drops under $13, it may be a good swing back to $15+.

 

[darth frosty]

 

[havelcok]

 

[HellBoy]