Talking stocks, trading, and investing in general

[Omega Male]

It's happening again. My golf pro asked me if he should buy Bitcoin.

 

[Omega Male]

Further.

 

[Texasmade]

Idfnl is about to get rich again.

 

[lawyerdad]

Idfnl is about to get rich again.

A rich cuck is still a cuck.

 

[venividivicibj]

Further.

uhh... no shit, why would people be searching on the BlackRock website for COVID. lol

 

[brokencycle]

It's happening again. My golf pro asked me if he should buy Bitcoin.

So should I get back in?

Thank you for the info. I've been diving into the whole Boglehead thing and picked up/read "The Simple Path to Wealth". I've noticed that there seems to be a split between "Put everything in index funds" and the 2 and 3 fund portfolios that include bonds and other more secure investments. Since I will have a teacher pension and my wife and I will both inherit some property eventually, I was leaning toward just having our Roth IRAs and her 401k all in VOO/VTI/equivalent. That would shift as we get older (I'm 36 and she's 33) but for now it seems like we are just reducing our upside. We are fully onboard with 'stay the long term, keep investing every year, don't panic, low expense index funds, save a lot of money' etc.

My wife and I are both 33. We invest almost 100% in a 3 fund split. Large cap, international, and mid or small cap.

We have zero bond exposure, and I have a very small amount in a precious metals fund.

My thesis is this: I have little to no concern over short term fluctuation, and the long term returns on stocks is higher than bonds. While sticks have over performed lately, I think that is on large part due to all the fed bailouts and zero interest loans, so while there will probably be a correction, in not as bullish as done if the posters here and trying to play the market timing game.

 

[Piobaire]

I think Imma become a day trader. This market timing shit is easy.

 

[Marc Voorhees]

I think Imma become a day trader. This market timing shit is easy.

Buy low sell high. Can't be that hard

 

[Piobaire]

Inorite?

 

[Texasmade]

Triple leverage that shit on margin.

 

[Marc Voorhees]

Inorite?

Just remember which way the alligators are pointing. That is key to understanding day trading

 

[brokencycle]

Just remember which way the alligators are pointing. That is key to understanding day trading

The #1 rule is always average down.

 

[venividivicibj]

‘’You need to pay to get a good one’

 

[Omega Male]

Chances of American laissez-faire economists getting this -- low.

 

[Texasmade]

President is a democrat so of course republicans are going to cry about the deficit.