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I'm curious to see what the halving event does to BTC. I don't think this one will be good.

You are correct, I meant to say securities. Though, I have to admit that your statement is kinda confusing to me now.

I'm definitely a no with cruise lines atm. They'll probably bounce eventually, but this is gonna hurt them hard for a couple years. From my time on the ground in the islands, the locals have a very love/hate relationship with cruises. It brings in money, but it mostly goes to certain people and...

Travel stocks tend to get walloped first in bad times and they tend to be slow to bounce. Travel is mostly a luxury good with more capital than it needs in a down market and very high fixed costs. You'll probably see some bankruptcies and disruption in the industry even worse than 9/11. That...

Some. There's a massive liquidity crunch on the horizon to put it simply. The fed will have two choices: Let the banks and hedge funds who have been slimy bastards go up in massive flames, or print enough money to bail them out. Either way a lot of people are gonna get hit and it will be ugly...

I thought the markets would be a slow slide down and volatile, but not THIS volatile. Stock market has been doing some crazy ass swings this week. I'm sure there's a couple people who made shorts that got fucking hosed at some point.

I think I've changed my mind. I'm starting to think that you guys are absolutely right in assuming you're going to be in a lower tax bracket at retirement.

Yea, I've touched on this before. That's why the situation is even worse in europe where they went too far. Low interest rates in a boom economy has just lead to people borrowing lots of money and investing it in poor vehicles. Inflated real estate prices, people borrowing and using it to make...

General rule of thumb is you want 6-7x the solar as your AH as well in sunny areas, up to 10-12 in more northern areas with less reliable sun if you are making a system you want to use full time. Soo ~650 watts solar for a 100 AH battery you are draining to 50%. A lot of factors work into this...

half a point rate cut and the markets shrug, lol.

lol.

Im sure that highschool student is being fucking crushed by his tax burden. Infact, this is why I said you only get the traditional if you don't qualify for a Roth. If you make enough money to have a high tax burden a roth is not available to you. (Technically it still is, but that's a story...

My original prediction in january was a slide of 20% from highs at the start of march to mid-late april or so with a buy-in of around ~24k. I think my original estimate was a bit optimistic, but if you wish me to stick to the original guess that's what it was. Today is just information on how...

World markets up today on a lot of rosy talk from figureheads. It's interesting to see the german stocks down anyways, which is probably the country with the biggest cohort of prep-minded people. Since the US is what I'd consider the second country in that list, It wouldn't surprise me to see...

529 is an excellent vehicle too. It should always be second to a Roth unless the intended recepient plans to go to college, then it is superior.

A low owner isn't paying much in taxes anyways. Their taxes will be almost exclusively payroll, which deductions do not help with. A meager tax savings is not worth eventually paying taxes on 40 years of compounded money.

Roth IRA is superior to a traditional IRA in every situation and is the best savings vehicle you can have. The only reason to do a traditional is if you don't qualify for a Roth. When you have matching money from an employer, other methods can be superior, but getting a kid started on a roth and...

Start him on a roth IRA at vanguard or some other major investment firm. They are basically the perfect vehicle for what you want. Trade in ETFs not mutual funds. There are no downsides, its the best future looking investment you can make, and the principal can be withdrawn at any point like...

Comments on matters relevant to investments shouldn't be in the investment thread. Okay.

Last 3 years have been spectacular for the markets. They were overvalued a bit, but it wasn't too out of line with the optimism the economy deserved. Coronavirus is just such a big hit that we may go back to obama markets. Trump's economic policy has been spectacular and I think things will...

Time to see if there's another blood bath on close. Lot of people who bet on the market going up are gonna get hosed again I think. This market is brutal and I don't expect it to get much better. So much for trying to control panic by controlling the message. Nobody is buying it or anything...

I like holding onto lead weights in the ocean too. The retirement accounts of old people who die are mandated by law to be immediately liquidated. Gonna be a fun year.

Disease that makes people sick for 3 months will be gone in no time. Buy the dip, old people definitely can't keep cashing out like this.

For those who listened to my first advice and cashed$$ out in january and are riding like kings through this market... It's important to listen to my second advice. There's a time coming up where the run will move from stocks to bonds. It's absolutely pivotal that you buy back into stocks even...

He's one of those SE asians where there first word for shoe came from the spanish a few hundred years ago.

It is known. I don't know much, but I know how to make big bucks off the stupid. Thanks.

You have to fry spam you nerd. Think of it like bacon. You can eat a quality bacon raw, but why the fuck would you?

Tuco's investments are about to go further up in flames. Today looks like it's shaping up to be another brutal day, and with the bad news piling in on the weekend, mondays have been a massacre too. Wonder what will happen when they impose a 'quarantine' that closes wallstreet. lul

You know tuco always falls the wrong way off the fence. Definitely sell time.

If you cash out and the market goes down 20% and then you cash back in, you have effectively gained 25% on your position. Avoiding crashes is a fine and acceptable strategy. Typically crashes are impossible to avoid and you handicap yourself trying. This might be the first exception in history.

Of course, but it will probably go down more before said recovery. I was predicting around 20% originally. We're at what, 11-12% so far? I think I may have been a bit optimistic with that estimate as well. Though like I said, more risk this week than last. It's a bigger play for less money. The...

Someone can only really make that choice for themselves. Pulling the money out is probably the better play, but there's a lot more risk to the choice than there was a week ago. If you're a longterm investor (10+ years), either choice will probably work out so long as you are saving the absolute...

I'm still expecting major downs in here.

From just the sheer amount of liquidation that's happening, there's going to be some companies that take a massive hit and or fund collapses coming up. It simply can't be avoided with it being this crazy. This is more akin to the great depression than the 2008 crash.

There's a lot of investment and hedge funds that are getting fucking hazed right now. The support is getting fucking crushed by old people liquidating. Like I warned about, old people have too much money and this scares them. Reminds me of Law's scheme. This might actually turn into a fucking run.

That seems a reasonable strategy as long as you didn't leverage it, but it has potential to underperform, but that's a risk of all strategies. My strategy has always been very basic. At some time in the next 1-4 months or so I'll go from pure cash/bonds to a likely broad-market investment...

I'll come back and laugh every day for the next year if ya wish. My investment strategy has always been maximum contribution, maximum tax avoidance and worry about the details later. Just saw this recession coming like a semi and managed to turn it into the easiest profit ever. I just think its...

I said I didn't expect most utilities to be interrupted. Sure, there will probably be some interruptions in certain areas for some periods, but I expect the internet to mostly remain up for maximum shitposting.

Put your investment actions here for me to laugh at a month later. I put all of my money into bonds and entirely safe vehicles in january. I'm up a fraction of a percent since then while the markets are down ~10%. It'd be a 11% stronger position if I reinvested now, but why blow up good money...