Search found 81 matches

by effigy98
Sun Dec 12, 2021 8:48 pm
Forum: Investing - Theory, News & General
Topic: Hi! I'm high inflation. Nice to meet you.
Replies: 980
Views: 110500

Re: Hi! I'm high inflation. Nice to meet you.

So very thankful for a hard asset being invented 12 years ago. My S&P 500 holdings and real estate have been flat with the real inflation rate, my gold has suffered, my bonds have lost large sums of money relative to the real inflation rate... there is only one asset that is beating year after year and will probably keep doing so to keep my total asset allocation in the green. I am tilting to commodities and hard assets going forward. I have never distrusted our financial institutions and governments this much in my life. The fact you can insider trade with zero repercussions if you are in the right group is disturbing to me on many levels. What really bothers me is I see older people who are getting crushed with inflation. They complai...
by effigy98
Fri Nov 26, 2021 11:53 am
Forum: Investing - Theory, News & General
Topic: Volcano Bonds
Replies: 3
Views: 685

Volcano Bonds

6%+ yield, 5 year lockup, extra dividend for Bitcoin appreciation. Thoughts?
by effigy98
Sat Oct 30, 2021 11:36 pm
Forum: Personal Investments
Topic: Experience with Fundrise
Replies: 79
Views: 17809

Re: Experience with Fundrise

For me this is better then VNQ. The market swings daily and it is gutrenching. When it drops 20 or 30% I tend to panic and may do something stupid. I find the lock up a feature. Same with PMs and Bitcoin... I rarely sell those, but stocks, just seems too easy. I really don't like having everything tied to the market which becomes very irrational from day to day compared to alternative investments. I can handle some volatility in my total net worth, but the fear of liquidity events or sharp interest rates rise tend to sell of all stocks, including VNQ, regardless of fundamentals. Fundrise seems pretty disconnected from this risk. Having multiple streams of dividends makes me feel like I have a paycheck replacement. I know... irrational, but ...
by effigy98
Fri Jul 30, 2021 11:49 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120701

Re: U.S. stocks continue to soar!

50% Stocks, 25% gold, 5% BTC, 20% bonds
by effigy98
Fri Jul 30, 2021 11:43 am
Forum: Investing - Theory, News & General
Topic: U.S. stocks continue to soar!
Replies: 22381
Views: 2120701

Re: U.S. stocks continue to soar!

My first few years of investing were the dotcom era. The market is doing exactly the same thing. There are a few different conditions this time around, but it is just too close to the pain and suffering I went thru with a 70% drawdown because I thought tech was where it was at with no earnings (like many today) and panic that followed with many years of unemployment or underemployment. I don't ever want to go thru that again. Employers were pretty much jerks as they could treat you like crap as you were "lucky" to have a job in the tech industry at the time with rapid outsourcing. Having [expletive removed by admin LadyGeek] money (freedom fund) is almost priceless to me and the thought of losing it in a liquidity event is not wor...
by effigy98
Sat Jun 05, 2021 1:07 pm
Forum: Personal Investments
Topic: NUSI: ETF that uses a collar option strategy to protect against downside
Replies: 27
Views: 4592

Re: NUSI: ETF that uses a collar option strategy to protect against downside

Still very happy with NUSI. It is doing exactly what I needed it to do for my asset allocation and risk tolerance. In a world of negative real rates, we are being forced to be creative. The monthly dividend is psychologically helpful for me as well. I tried doing my own NUSI and I just don't have the discipline to do it right consistently. I will gladly pay a reasonable fee for that service. I miss my long bonds, but wouldn't have missed the crazy drawdowns. The only bonds I still have indirectly with NTSX. NTSX I still like the best as my core holding and NUSI just plays another part of my asset allocation. I have backtested max drawdowns down to under 5% while easily maintaining the 4% inflation adjusted SWR which is my goal.
by effigy98
Tue Mar 30, 2021 12:46 pm
Forum: Investing - Theory, News & General
Topic: So Much for Low Volatility Stocks (USMV)
Replies: 24
Views: 2711

Re: So Much for Low Volatility Stocks (USMV)

There are safe places to hide.

Some examples.

Golden Butterfly portfolio.
Hedgefundie portfolio with a little vxx.
NUSI ETF
NTSX ETF
PHYS (Gold)
Adding 5% of VXX as insurance for deep drawdowns.
by effigy98
Tue Mar 16, 2021 12:45 am
Forum: Personal Investments
Topic: NUSI: ETF that uses a collar option strategy to protect against downside
Replies: 27
Views: 4592

Re: NUSI: ETF that uses a collar option strategy to protect against downside

I replaced bonds with NUSI. The monthly dividend is uplifting to see them streaming in (at 8%) and the downside protection is nearly as good as short term treasuries. This is my favorite etf now. I may get a 2.5% M1 finance loan and put it all in NUSI.
by effigy98
Wed Jan 06, 2021 10:26 am
Forum: Investing - Theory, News & General
Topic: “Bitcoin's emergence as 'digital gold' could lift its price to $146,000, says JPMorgan“
Replies: 185
Views: 13999

Re: “Bitcoin's emergence as 'digital gold' could lift its price to $146,000, says JPMorgan“

I love the idea of bitcoin and have 5% of total portfolio in it... but I would highly caution against going all in. Cathy woods (ark invest) said something super interesting to hammer this point home in an interview on youtube, something about, whenever I have done this good in my career something goes wrong and stops it. I also wouldn't have zero exposure to it if you are the type that will hate yourself if it does go to the moon and you were not apart of it. Microstrategy stock is another option if you want to own a stock and not bitcoin without paying the grayscale premium, I use this in my M1 account.
by effigy98
Wed Jan 06, 2021 10:18 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

I'm sticking with VXX as 6% of the adventure despite the fees. It is doing exactly what I need it to do and let me sleep at night. We live in a crazy world right now and anything is possible.
by effigy98
Tue Dec 29, 2020 10:14 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Toss in some VXX for sharp down months like March where TMF does not save you completely.

47 UPRO
47 TMF
6 VXX

BigErn has a good write up.
https://earlyretirementnow.com/2020/04/ ... k-in-2020/
by effigy98
Mon Dec 28, 2020 12:16 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 507
Views: 38737

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

Diversification is the only free lunch. I have bitcoin capped at 5% total portfolio allocation and it almost hurts a little to sell it because I like the thought of being disconnected from this funny money financial system, but I know from going thru the lost decade, this is the safest move for me. I have pretty much given up by putting logical thought into investing based on fundamentals. Diversifying is the only thing that will keep me invested without losing a ton of sleep. Losing money is just as bad as missing out on gains, so I feel like I need a little bit exposure to all asset classes including crypto.
by effigy98
Sat Dec 26, 2020 7:33 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 507
Views: 38737

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

Michael Saylor would rather speculate on cryptocurrency than try to make his legacy software business competitive in the market again. There are plenty of software businesses that are growing way faster than the hurdle rate of 15% that he cites in a different recent podcast (https://www.theinvestorspodcast.com/bitcoin-fundamentals/btc005-bitcoin-michael-saylor-a-masterclass-in-economic-calculation/). The whole podcast episode is an interesting listen, but a really sad example of someone who is obsessed with finance and wealth as an ultimate end in and of itself, rather than thinking of wealth as a tool for accomplishing good in the world (whatever that may mean). I saw this and had essentially the same thought. I just don't get how somethi...
by effigy98
Sat Dec 26, 2020 7:27 pm
Forum: Investing - Theory, News & General
Topic: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots
Replies: 507
Views: 38737

Re: Michael Saylor Discusses Bitcoin on Bloomberg's Odd Lots

Michael Saylor's latest round of interviews has done more to convince me and hold true to my conviction that bitcoin is an uncorrelated asset that belongs in my portfolio on a permanent basis. I think I have listened to about 6 hours of interviews worth now on youtube. Is he a bit crazy? Ya for sure, but crazy people tend to change the world occasionally and we live in a crazy time. As part of a hedgefundie and golden butterfly like portfolios, it has worked out well to increase returns for the couple years.
by effigy98
Sat Dec 26, 2020 7:21 pm
Forum: Investing - Theory, News & General
Topic: What long-term real return do you now expect?
Replies: 86
Views: 10420

Re: What long-term real return do you now expect?

4% real returns, or 19% in mainstream speak as I expect 15% inflation in stuff I need to live going forward.

Diversified between uncorrelated assets with leverage.
by effigy98
Wed Nov 25, 2020 11:27 am
Forum: Investing - Theory, News & General
Topic: Bitcoin: What is it, in Plain English
Replies: 313
Views: 45793

Re: Bitcoin: What is it, in Plain English

ksualum wrote: Wed Nov 11, 2020 9:43 am For me, I don't want to invest in something that has been used by the dark web for really horrible purposes.
https://www.cbsnews.com/news/ross-ulbri ... -road-fbi/
You must not use cash then, because it is used for really horrible purposes on a daily basis.
by effigy98
Mon Nov 23, 2020 11:37 am
Forum: Investing - Theory, News & General
Topic: Hostile Takeover of ARK Investment Management?
Replies: 82
Views: 10544

Re: Hostile Takeover of ARK Investment Management?

Pretty happy with ARK funds. I rather have a research house picking for me as I don't have the time to invest in it and will happily pay the .75 fee.
by effigy98
Mon Nov 23, 2020 11:30 am
Forum: Investing - Theory, News & General
Topic: Bloomberg Article: 60/40 Portfolio in 2020
Replies: 28
Views: 2658

Re: Bloomberg Article: 60/40 Portfolio in 2020

NTSX... Happy middle ground of the 100% stock YOLO crowed and 60/40. I love this fund.
by effigy98
Thu Sep 03, 2020 2:54 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Small allocation to VXX buffered the carnage today.
by effigy98
Mon Aug 24, 2020 12:33 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

My two tax sheltered portfolios right now are:

ROTH
25 AAAU
28 UPRO
28 TMF
10 VXX
6 GBTC
3 CASH (Emergency fund)

401K
60 NTSX
8 TMF
24 PHYS
8 VXX

The ROTH is 1/4 of the value of the 401k as backdoor option was not available when I started the 401k. I now invest the max 57k between the two.
by effigy98
Mon Aug 24, 2020 12:20 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

VXX does work and what I am using, but you treat it like your home owners or car insurance... ya it looses value, but it is there to take on the jolts... and a little bit goes a very long way. With the massive uncertainty of the market in the coming months and the high CAPE, I am a bit overweight in VXX. I am ok paying a "fee" to reduce my max drawdown to make me stay sane in a market that can swing wildly like in March. Is there an alternative? Nothing else I could find offset a liquidity crunch like vol etfs. Bigern tested this theory here: https://earlyretirementnow.com/2020/04/22/three-equity-investing-styles-that-did-ok-in-2020/ I believe having a portion of gold (non leveraged) of at least 20% also helps reduce draw downs. T...
by effigy98
Thu May 28, 2020 3:21 pm
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

Really happy with adding a small 5% of TVIX to this strategy. Feels like the missing piece to guard against the world is ending crashes like in March and was my biggest hangup of this strategy. Bigern also covered this on his blog which has some more data on this strategy. In a way, it feels like we are lucky to get to test some of this in the last couple months to know this will endure for decades.
by effigy98
Thu May 28, 2020 3:11 pm
Forum: Investing - Theory, News & General
Topic: SWAN ETF - 10% Leaps / 90% Treasuries
Replies: 174
Views: 29850

Re: SWAN ETF - 10% Leaps / 90% Treasuries

I think you are better off with NTSX in a more diversified portfolio. Low max drawdown and much higher gains. The fed seems to like supporting this portfolio as well and I appreciate them making us rich so we don't have to do real work.

Something like:
65 NTSX
20 PHYS
5 TVIX
10 TMF
by effigy98
Thu May 28, 2020 2:58 pm
Forum: Investing - Theory, News & General
Topic: This article is scaring me. [Roubini predicting depression]
Replies: 109
Views: 15134

Re: This article is scaring me. [Roubini predicting depression]

Just put 100% of your money in the market and you will get backstopped by the fed. Seems like a win win situation except for those fools that think the economy should be fair and just.
by effigy98
Mon May 25, 2020 2:24 am
Forum: Investing - Theory, News & General
Topic: Will the US become like Japan?
Replies: 68
Views: 6238

Re: Will the US become like Japan?

Unemployement will have to hit 90% before the market will dip. V shaped recovery right after when unemployment drops to only 87%.
by effigy98
Sat May 16, 2020 11:33 am
Forum: Investing - Theory, News & General
Topic: Paul Tudor: Compelling case for bitcoin ?
Replies: 312
Views: 24708

Re: Paul Tudor: Compelling case for bitcoin ?

Bitcoin is still more annoying to buy then gold and gold is already a pain to buy. You have to upload your driver licence, confirm emails, confirm everything, wait... wait... wait. I just did a small $20 transaction on two different platoforms just to see where the state of buying BTC is and I will stick with most of my insurance to the FED printing in easy to purchase gold from JM or APMEX or whatever.

Until the friction is gone with BTC and most of the technophobes die of COVID, not going to be adopted mainstream.
by effigy98
Tue May 12, 2020 9:19 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

TVIX looks a bit better, allocate only 5% and it helps a lot with the sharp down days.
by effigy98
Sun May 10, 2020 10:45 am
Forum: Investing - Theory, News & General
Topic: Dragon Portfolio
Replies: 29
Views: 6857

Dragon Portfolio

The returns of this thing historically are even better then my other favorite portfolios but I am not sure how to set it up more passively.

How do you set this up with ETFS? Is there a good fund for trend commodities?

https://taylorpearson.me/thedragon/

My guess so far...
Gold: PHYS, AAAU, SGOL, etc
Equity/Bonds: NTSX, TLT
VOL: VIX
Trend Commodities: ???

Image
by effigy98
Sun May 10, 2020 10:28 am
Forum: Investing - Theory, News & General
Topic: Will "work from home" destroy the commercial real estate market?
Replies: 169
Views: 15960

Re: Will "work from home" destroy the commercial real estate market?

I could see a major scale down of commercial real estate after this. People are learning how to be remote and the advantages of it. Even in the tech world, management was resistant to working from home and it was seen as a negative thing. I think after this it will be seen as more normal. Everyone I talk to that I work with says they never want to go back to the 9-7 5 day a week, traffic hell, go into the office grind again. I think you will see more flex time available going forward where you can go to the office a couple days a week and work from home the rest. This will substantially decrease real estate investment and probably help with traffic.
by effigy98
Sat May 09, 2020 11:53 am
Forum: Investing - Theory, News & General
Topic: Why doesn't everybody replace SP500 with NTSX?
Replies: 72
Views: 19790

Re: Why doesn't everybody replace SP500 with NTSX?

NTSX is almost perfect to improve returns of the Golden Butterfly type portfolio. I feel fortunate that there are products like this available with low fees and easier to manage then futures.
by effigy98
Wed May 06, 2020 10:27 pm
Forum: Investing - Theory, News & General
Topic: Is Disney the most tempting value stock?
Replies: 274
Views: 25181

Re: Is Disney the most tempting value stock?

Every stock is now the FED until the election is over. I think all stocks are good stocks with taxpayer money buying them indirectly. You are buying DIS even if you don't want it.
by effigy98
Tue Apr 28, 2020 11:24 am
Forum: Investing - Theory, News & General
Topic: HEDGEFUNDIE's excellent adventure Part II: The next journey
Replies: 14343
Views: 1970993

Re: HEDGEFUNDIE's excellent adventure Part II: The next journey

How about we sprinkle some TVIX in here?

55% UPRO
40% TMF
5% TVIX
by effigy98
Mon Apr 20, 2020 10:05 am
Forum: Investing - Theory, News & General
Topic: Deflation is everywhere. Get used to it.
Replies: 151
Views: 17341

Re: Deflation is everywhere. Get used to it.

I love long term treasuries but I do not trust the dollar here. I am looking forward to buying cheap real assets if deflation really does happen in a significant way, but I have not seen that yet as prices seem to even be going up in my market for Real Estate, Land, etc. The stock market looks like inflation to me... not deflation.
by effigy98
Mon Apr 20, 2020 9:59 am
Forum: Investing - Theory, News & General
Topic: whos' just about had it w/ SCV ?
Replies: 277
Views: 23701

Re: whos' just about had it w/ SCV ?

I'm done with SCV. It is not favored in this political climate. Monopolies will keep producing the bulk of share gains and those tend to be well connected companies, not small cap value. Fundamentals are not as relevant in this environment and until they are, staying away from SCV.
by effigy98
Thu Mar 19, 2020 11:39 am
Forum: Personal Investments
Topic: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?
Replies: 19
Views: 2129

Re: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?

I'm out of EDV when it bumped to even today. Just not worth the stress. If I want to get a little return just going to go with options on these seesaws with a tiny bit of money and/or use covered calls on my TLT position which is paying pretty well on these up and down days. I love you vanguard but you just are not liquid enough in this environment and nobody wants the covered calls on these compared to say TLT.
by effigy98
Thu Mar 19, 2020 10:33 am
Forum: Investing - Theory, News & General
Topic: JP Morgan Chase predicts 6.25% unemployment this year
Replies: 7
Views: 644

Re: JP Morgan Chase predicts 6.25% unemployment this year

Seems like a low estimate to me. Whole cities are hanging on by a thread. No small business wants to get into even more debt just to retain employees because there is no certainty that this is only going to last a couple months. Most are just closing and laying off. The small business loans are just window dressing over the problem and not going to stop the bleeding. I think the fed should provide a paycheck replacement with expiration date so people had to use that money until this thing is over because tiny unemployment checks and one off $1k checks not going to cut it... That would give a floor to the consumers and maybe keep the economy from completely freezing.
by effigy98
Thu Mar 19, 2020 10:30 am
Forum: Personal Finance (Not Investing)
Topic: Rent in the Time of Coronavirus
Replies: 78
Views: 3766

Re: Rent in the Time of Coronavirus

Move to Seattle, new law lets you stop paying rent. I would hate to own real estate in Seattle right now.
by effigy98
Thu Mar 19, 2020 10:17 am
Forum: Personal Investments
Topic: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?
Replies: 19
Views: 2129

Re: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?

People are willing to sell the ETF for less than the valuation of its underlying assets because they need to generate cash immediately. When things settle down this should eventually go away. It’s bad timing if you are looking to rebalance however. Totally logical but I kind of find it difficult to believe. There's nobody out there, not a single hedge fund or bank or authorized participant that wants to pick up the freebie? They could arb it and still get out of their muni position if they're bearish on munis, I would think. Ya that is what I am worried about. There was talk on the George Gammon podcast about this and what I remember is where they mentioned if the arbitrage dealers cannot raise capital to keep these in check, we are in rea...
by effigy98
Thu Mar 19, 2020 10:02 am
Forum: Personal Investments
Topic: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?
Replies: 19
Views: 2129

Re: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?

8:01am: TLT up 1.44%, VGLT down 0.73%. The spread was even more few minutes ago.

Not apples to apples, but EDV (down 1.25%) is down too, should be up more then TLT usually.

I don't know what to do in the situation. Do I switch to the more "stable" funds that have a higher cost basis or just wait it out?
by effigy98
Thu Mar 19, 2020 9:45 am
Forum: Personal Investments
Topic: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?
Replies: 19
Views: 2129

Re: Why is VTEB (Vanguard Tax Exempt Bond) getting hammered?

The same thing is happening to TLT and VGLT.
by effigy98
Mon Mar 16, 2020 10:32 am
Forum: Investing - Theory, News & General
Topic: 100% bonds
Replies: 37
Views: 3214

Re: 100% bonds

MotoTrojan wrote: Mon Mar 16, 2020 10:26 am A month ago this would’ve been lucky. Today it would be a reckless strategy, even if it be and lucky once again.
I don't know if I would consider it "luck". MacroVoices and MacroVision was reporting on this in JAN and said there was real risk involved. On top of that there was the CAPE going parabolic like a hockey stick again and EVERYONE was basically euphoric 100% stocks or you are not smart kind of talk. I started moving to bonds on major up days around then. Once the 180 S&P 500 moving average crossed, I didn't want to risk it and went mostly into bonds, I guess the amount I moved into bonds was lucky, but I had this in my investment plan spreadsheet and followed it like a robot.
by effigy98
Thu Mar 12, 2020 11:41 am
Forum: Personal Investments
Topic: How many people with 7 figure portfolios are”rejoicing ?”
Replies: 169
Views: 17137

Re: How many people with 7 figure portfolios are”rejoicing ?”

Not rejoicing, but defiantly content as I moved to a defensive portfolio when CAPE was too high and SMA 180 hit. The only positive thing I see is my CAPE adjusted SWR rate finally went over 4% (haven't seen that for several years) again so my spreadsheet lit up green like a Christmas tree to tell me everything is alright.
by effigy98
Thu Mar 12, 2020 11:08 am
Forum: Investing - Theory, News & General
Topic: The "everything rally" is turning into the "everything crash"
Replies: 44
Views: 4810

Re: The "everything rally" is turning into the "everything crash"

Moochy wrote: Thu Mar 12, 2020 9:44 am
effigy98 wrote: Thu Mar 12, 2020 9:12 am Fed going to buy stocks. Can they buy enough? Another thing we might see is they just shut down the market.
They can't buy stocks unless their charter is changed.
A charter change does not seem out of the realm of possibilities with how desperate political interests are in keeping the market propped up for elections.
by effigy98
Thu Mar 12, 2020 9:38 am
Forum: Investing - Theory, News & General
Topic: The "everything rally" is turning into the "everything crash"
Replies: 44
Views: 4810

Re: The "everything rally" is turning into the "everything crash"

mrwalken wrote: Thu Mar 12, 2020 9:35 am Cash is king.
True! And you can use that cash as Toilet paper and heat your bunker with it. I think I saw some where that $1 is worth less then one sheet of TP right now lol.
by effigy98
Thu Mar 12, 2020 9:28 am
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 248
Views: 29390

Re: The end of cruise ships

harvestbook wrote: Thu Mar 12, 2020 9:26 am I'm not being facetious when I say they may become hospital ships.
Good point, they make great hospitals, mobile, and under utilized.
by effigy98
Thu Mar 12, 2020 9:14 am
Forum: Investing - Theory, News & General
Topic: The end of cruise ships [cruise line stock prices]
Replies: 248
Views: 29390

Re: The end of cruise ships

I bet we don't have government bail outs for cruise lines, but I could see them doing this for airlines and a few energy companies. I have some very low limit orders just in case I can get some decent deals to play this bet.
by effigy98
Thu Mar 12, 2020 9:12 am
Forum: Investing - Theory, News & General
Topic: The "everything rally" is turning into the "everything crash"
Replies: 44
Views: 4810

Re: The "everything rally" is turning into the "everything crash"

Fed going to buy stocks. Can they buy enough? Another thing we might see is they just shut down the market.
by effigy98
Thu Mar 12, 2020 9:08 am
Forum: Investing - Theory, News & General
Topic: The "everything rally" is turning into the "everything crash"
Replies: 44
Views: 4810

Re: The "everything rally" is turning into the "everything crash"

In this environment I use gold, treasuries, and a little SQQQ just in case the gold and treasuries do not help enough. This is turning into a gain. Puts can do the same on something like HYG and probably even safer and more profitable once I go thru the fidelity gauntlet to get those enabled.
by effigy98
Mon Mar 09, 2020 11:04 pm
Forum: Personal Consumer Issues
Topic: Coronavirus (Consumer Issues) How you are preparing?
Replies: 1800
Views: 178821

Re: Coronavirus; How has your Life changed?

Work for big tech. Have not left house since sent home early last week. Told to stay home for a month. Lots of fear around here and disruption. Schools closed, streets empty, events cancelled. Kind of like house arrest.