Talking stocks, trading, and investing in general

[jbarwick]

Probably waiting for updated earnings guidance since a lot of orgs pulled their FY numbers.

 

[patrickBOOTH]

I'm down like 40 something %

 

[jbarwick]

I'm down like 40 something %

What'd you do? Go all in small cap value or something? REITs have bit us **********.

 

[patrickBOOTH]

What'd you do? Go all in small cap value or something? REITs have bit us **********.

This reminds me of when I was in elementary school. I was always poor at math and I thought on this one particular math test I would get credit if I just wrote "approximately" before my numeric answers I would still get credit. I didn't.

I just did the math, it is actually 27.8%

 

[Piobaire]

The equity portion of our nest egg is down 23%. The large cash portion is ahead whatever CIT paid us this year.

Bonds are up too, about 3.5% if I add in the monthly dividends.

 

[patrickBOOTH]

Yeah, I have this sweet fund with my Company that gives you an interest collar. It is equal to the 30 year Treasury with a floor of 3% and ceiling of 9%, compounds quarterly. I basically use it as my "bond" allocation. That's doing fantastic right now.

 

[venividivicibj]

Socialize the losses, privatize the gains!

Private equity lobbyists were involved in the push for $500 billion coronavirus bailout fund

The American Investment Council, which lobbies on behalf of the private equity industry, spoke to congressional leaders and Treasury Department officials, sources said.

www.cnbc.com

"
Members of the American Investment Council include private equity giants such as Blackstone, the Carlyle Group, Apollo Global Management, Kohlberg Kravis Roberts and Warburg Pincus.

The American Investment Council said they are hoping Congress and the administration don’t block companies from financial aid just because they are backed by outside investors.
"

 

[skeen7908]

Mid March was probably the bottom

Fiscal deficits, plus no actual debt defaults (extend and pretend), means that M2 is exploding, and is only going to go higher

No immediate liquidity issues likely, given the fed is buying everything from the local banks and providing swap lines for every country

Of course, this is only in nominal terms

 

[Piobaire]

Of course, only in nominal terms.

<insert "that word..." meme>

 

[lawyerdad]

Mid March was probably the bottom

Fiscal deficits, plus no actual debt defaults (extend and pretend), means that M2 is exploding, and is only going to go higher

No immediate liquidity issues likely, given the fed is buying everything from the local banks and providing swap lines for every country

Of course, this is only in nominal terms

There’s nothing wrong with that analysis aside, perhaps, from the implicit assumption that short-term market movements are rational.

 

[venividivicibj]

There’s nothing wrong with that analysis aside, perhaps, from the implicit assumption that short-term market movements are rational.

AKA like the day where a record 6.5m people filed for unemployment and the market went up?

 

[lawyerdad]

To be fair, before I wised up too how dumb both I and markets are, I lost a fair bit of change expecting the market to do what it obviously “should” have done.

 

[imatlas]

I’ve made more than one investing decision based on assuming that “the market” will do the stupidest thing possible in a given situation. That’s served me well over the years.

 

[Omega Male]

I think we will have an initial deflationary shock of the world shutting down, followed by quite the opposite as demand rebounds faster than the capacity of inevitably degraded supply chains to deliver. No idea how that plays out in the asset markets other than it'll be a wild ride. Still feels to me like credit will be the big problem.

 

[Piobaire]

On Friday I took a mild profit, a little under 4% for the holding period of Dec-now, and moved our bond allocation into cash too. I'm sorta freaking a bit as we're about 55% in cash at this moment and it goes against pretty much all of my investing principles. E-bros, tell me I'm being smart.