Should I just dump all my savings into the s&p 500 right now and keep putting money in for the next 2-3 years until I go abroad for my masters? I can put about 3k in at the moment and plan to save another 4k each year.
19 and working like 16-20 hours average, so not much income. Might start tutoring as an extra source.
Bros I'm not gonna make it You guys go ahead I'll get off this station
Daniel Barnes
Mad, lol?
Christian Anderson
Attention tourists and newfags. Before you talk about buying the dip and asking for stock picks, skip to 52:30 and watch the interview with El-Erian. He lays it the situation out clear and it's geared towards laypeople. Also read investopedia and the damn sticky.
Complete newfag, purchased TVIX as my first stock last week in the hopes for a wild swing. I could lose it all and not care about the amount lost. Things are so unpredictable and unstable at the moment. Saudi playing the US with their shale games, the economy coming to a grinding halt, massive records of unemploment (more to come in the following weeks), and the lack of end in sight for this pandemic.
What I want to know, is what are the chances of it mooning again? Id love a triple bagger.
Everyone think the market will bottom when the daily case flatten... If everyone think that, wouldn't it be a pump when it flatten? Then Dump when the economic Data sinks in?
VIX was inflated by 10% daily back and forth moves, I don't think you know how incredibly unprecedented that is. Likely will drop and chill in the 20-40s
Grayson Powell
I usually only listen to prog rock and psych but my guilty pleasure is allanah myles' self titled
you will lose your entire position even if the market goes down, as always. thanks for playing
Anthony Campbell
Dump come once every boomer and "buy the dip" zoomers has bought in, we then crash into crab market for months. The Jews won't allow the goyim to profit from the stock market.
Josiah Ortiz
Pushes the seat back and crushes her tits. >nothing personal kid
Henry Mitchell
>this many threads on a Sunday night damn slow it down and take it easy I can't keep up with this
>spxl was ~75 dollars before the crash, now it is ~23, around a 70% decrease >the sp 500 is currently down ~26% from ATH >if sp 500 reaches ATH again, spxl would gain ~70% putting its price at ~39 dollars
what the fuck happened to the other 35 dollars?
Oliver Cooper
Oh wow im seriously getting fucking rekt right now lol
Lucas Ortiz
Yep, this.
Nathan Nguyen
Welcome to leveraged decay, drop 50% and you need a gain of 100% to break even. Read investopedia.
Jonathan Robinson
disney always goes up mouse is too strong
Ryan Nguyen
>T. David Goldstein
Isaac Reyes
I don't listen to anything ben shapiro says. When it takes an entire college semesters worth of information to fully articulate how horrifically wrong someone is, it's a generally good indication that they are not to be listened to. He plays a fools gotcha game. But while his idiotic supporters may assume this makes him the more intelligent person, he actually winds up looking like a right fool. It's no wonder he's just a political commentator. Good at selling his brand, but that's about as far as it goes. That kind of showmanship may get you a following. But it takes integrity to help you leave a lasting impression.
Noah Gonzalez
crab markets kill leveraged ETFs
Daniel Davis
I just worked for 12 hours, I need to sleep and wake up at 5 AM, and I have like 4 /smg/ threads to read now... it's not ok
Chase Wood
>Full recovery from 70% down is only a 70% rise You almost fucking got me.
I am no fan of shapiro. I linked the vid for El-Erian.
Joshua Gray
I never listened to a thing the guy ever said. No clue what people are talking about on pol about him. Just that his sister has a great rack. And he better have incested on seeing them!
Grayson Jenkins
you don't have to dump your savings in all at once. you can split it up over the next 3-6 months. but putting money in the market now and letting it sit there for years is a safe bet.
the markets already had a big crash. why do you think you'd get a 3x gain this late to the party? just buy SPY or VOO with your money and forget about it.
Brayden Adams
He was dead the moment he said the UK needed "herd immunity".
Gavin Kelly
One more crash this week
Carson Hall
>crab markets kill leveraged ETFs Based facts poster.
Tbh watching him speak at the Rome vs Greece debate really made me like him. No idea about his politics or anything but he's alright in my book after I watched that.
Aiden Morales
After a huge bull run back to 260-270. We'll still be up this week.
I've seen them hold him up as some "Gold standard of facts and logic" because he "Owns the libs" or some other nonsense. But everything I've seen is him playing gotcha games and the clip ending. Whenever he is actually interviewed by an adult in any way shape or form it turns into a hilarious disaster. Like the time he interviewed a famous British conservative and called him a leftist socialist. The intellectual beating ben shapiro caught was something I replayed and enjoyed with a fine glass of wine.
Also I kind of like stock twits. Little more refined but still a bunch of hilarious speculators.
Blake Sullivan
Someone couldn't get 10 points on their math SAT. >$100 starting price >40% drop >closes at $60 >rallies 40% the next day >$60*1.4=$84 >still down 16% after going 40% down then 40% up
So maybe you've heard of buybacks? That's where a company resorbs a fraction of outstanding shares, thereby increasing the value of the remaining shares on the market. They assumed a debt liability by issuing bonds in most cases to perform these buybacks. This increases their debt burden, which in turn practically devalues the company. Many sectors have virtually stagnated, clientele having reached saturation or demand being met, productivity increases or outsourcing reducing cost, driving reductions and thinning margins.
Anyways, pricing was based on fundamentals at one point. Profits earned or expansion of business, debt servicing (and serviceability) and so on. But with these buybacks being taken on with their liabilities has an inverse relationship, as the company goes deeper in debt their fundamentals slip, while the volume of stocks shrinking drives increased prices on the market. More or less this is an illusory valuation that is decoupled from reality. Look at NFLX for example, who is neck deep in debt while being a fairly highly prized "asset" but once their growth cycle seizes, they'll be left with huge debts to service and little more than an inevitably declining clientele since their ability to receive credit will have seized alongside it.
There's more convoluting factors in the hash, but a big driver of the growth since about 2012 in many sectors has been due to inflation caused by buybacks.
I've already been hodling SQQQ et al since $24, how fucked am I? Should I just wait for a profit?
Eli Kelly
>oil is going back up Based boomers sacrificing themselves so I can 3x leverage bear it with no fear at all.
Colton Cox
I mean, the catastrophic second wave of the Spanish Flu was in part due to fewer people being exposed to and developing immunity to the original less deadly variant, so it's not too hard to imagine where he got that idea from.
Zachary Bell
No.
Eli Wright
I think tomorrow I'm going back to all cash. Got to be ready at a moment for the next opportunity.
Ian Sanders
>still down 16% after going 40% down then 40% up Which means it hasn't reached all time high yet, you absolute moron.