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Apparently barrels of oil are going for the price of rolls of toilet paper. This fucking week is gonna be lit.

Most investments are truly a form of gambling if you look at it with cynical eyes. It's just that the more risk you choose to assume, sometimes you can get more reward. You can take that all the way to the all or nothing end of the spectrum with investing if you really want to. The real...

Honestly, the suffering I went through to get to where they are, I'm glad the naked space ladies are all gone, that blew my mind in the original version.

I started watching this and where the fuck is the jump running. You could go through the first stage so fast. Supper disappoint. I loved this game when younger.

They have a huge amount of hope priced into the stock. If it fails trial you could lose your shirt. I'd look into the science before making that choice. I did and was kinda skeptical. My main reason was that their original study involved lung tissue, and their previous corona virus studies...

me obviously.

I made my call 6 weeks ago. I'm just a spectator. I'm just noting where the markets need to go from here to stay within my predictions. I expect some upside for 1-2 weeks for things to stay aligned.

Wild week. Looks like we'll end up overall a little bit. I think next week might be a little bit calmer in general after a bigger move on monday. I think news will bring us back into agitation and more sliding in the coming weeks though.

If I were lord of the fed, I'd raise interest rates and incrementally increase reserve ratio while stopping the repo market lending from the fed. Bring some accountability to the markets by letting them know you're gonna intentionally break the institutions playing risky in order to try and max...

I certainly expect the QE route. It worked last recession so why not this one, at least thats the argument they'll make. This is a very different sort of crash than 2008 though. The credit issues and the euphoria of lending are all there in many similarly bad ways, but the underlying catalyst is...

Pretty sure they are going to stick to a quiet greasing of the wheels for a bit after the reaction their rate cut got. Pretty sure they are very afraid of causing extra panic.

Don't time stocks *posts about the right time to buy stocks. I almost never sell stocks or anything else I've decided to hold. The vast majority of my retirement and money making scheme is tax avoidance and adding to my pool of money above all else. But when you see a recession coming a month...

I lost about 1% off the high because of bid/ask differences, but I completely avoided the crash so far. Honestly I feel like everyone else is insane for not seeing it coming easily and positioning themselves right. I sure don't feel insane looking at how my investments have done vs the average...

100% agree. That's why I panick'd early when I was the only one smart enough and everything was high and am advising buying BACK into stocks while they are being panic sold. My advise has been counter market forces for the past month. It's just unfortunate that I think this is ugly enough that...

We're rocketing toward my buy in point way faster than expected, and the dollar is getting trashed in its strength. It's a strong sign that there is a lot of money being cashed out. For long term investors, I believe there's a point where you need to move from cash/bonds back into stocks even...

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...