stock market was up today...

#12,576
#12,576
Velo Vol said:
I mean if someone a week ago gave you an over/under for Carnival at +10%, you would have said over because of its balance sheet?
Click to expand...

I wouldn’t bet on a short term change in either direction. Calling an end to COVID and a recovery isn’t anything that anybody knows. Omicron sounds scary but isn’t as deadly. But it can keep the economy stagnant for even longer.

Those recovery stocks with the best balance sheets will ultimately be the winners. But it could be two years away, which is why they need the strong balance sheets. Markets overreact in both directions in the short term.
 
#12,577
#12,577
Been in energy a good bit since early summer. COP, CVX, and MMP. All nice dividends and under current conditions looks like they can run for a while. Other than holding my S&P ETF's and big techs that I won't give up, holding defensive dividend stocks.
 
#12,578
#12,578
I think this year has been exhibit A on why you shouldn't pay heed to stock market predictions from campaigning politicians.


 
#12,580
#12,580
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each in 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
 
#12,581
#12,581
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each of 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
 
#12,582
#12,582
Vol8188 said:
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each in 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
Click to expand...

Deflate Inflation With These 9 Assets

I’d want to own financial stocks BEFORE inflation (and interest rates) ramps up and I wouldn’t want to buy debt until high inflation was around for a while. In my case I generally don’t buy debt since I use margin. I used to have margin at more than 55-60% of my total assets however it’s more like 5% today.
 
  • Like
Reactions: Vol8188
#12,583
#12,583
Thunder Good-Oil said:
Deflate Inflation With These 9 Assets

I’d want to own financial stocks BEFORE inflation (and interest rates) ramps up and I wouldn’t want to buy debt until high inflation was around for a while. In my case I generally don’t buy debt since I use margin. I used to have margin at more than 55-60% of my total assets however it’s more like 5% today.
Click to expand...

Thank you for the advice. I’ve never experienced this so you may be right. My assumption was BAC may be a good buy now because when rates rise I assumed their profits would also.

Can you elaborate more on why you oppose financial stocks?
 
#12,584
#12,584
Vol8188 said:
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each in 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
Click to expand...
I-Bonds are yielding 7.12% thru April of '22. Of course you can only buy $10,000/year though. If you don't know anything about them, they adjust their yield rates (based on inflation) every 6 months. You have to hold them for 5 years to get all of the accrued interest, but you can cash them in before that and only lose the latest 3 months. If you want to stash cash with a medium to longer term horizon, it's not a bad place to go. I just bought a bunch.

TreasuryDirect <--- for more info.
 
  • Like
Reactions: Orangeburst and Vol8188
#12,585
#12,585
Vol8188 said:
Thank you for the advice. I’ve never experienced this so you may be right. My assumption was BAC may be a good buy now because when rates rise I assumed their profits would also.

Can you elaborate more on why you oppose financial stocks?
Click to expand...

I don’t oppose financial stocks. I like them a lot. Especially with high interest rates looming. I don’t like owning debt but would be interested late in a cycle of high interest rates.
 
  • Like
Reactions: Vol8188
#12,586
#12,586
Vol8188 said:
Thank you for the advice. I’ve never experienced this so you may be right. My assumption was BAC may be a good buy now because when rates rise I assumed their profits would also.

Can you elaborate more on why you oppose financial stocks?
Click to expand...
What the banks really like is a steep yield curve, not necessarily high interest rates.

High rates can impact the demand for credit, and a flatter curve hurts their margins.
 
  • Like
Reactions: Vol8188
#12,587
#12,587
Vol8188 said:
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each of 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
Click to expand...
BDC’s & REIT’s are paying big right now.
 
#12,589
#12,589
Thunder Good-Oil said:
Real estate valuations running up so fast make me cautious of REITs. Even so, many might be better than ST debt securities.
Click to expand...
There is definitely risk there. The current payouts reflect that… some are in the double digits now. Wild.

Some big payouts in the BDC world right now too if the RE market is too spicy.
 
#12,590
#12,590
Vol8188 said:
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.
Click to expand...
Correct.
Thunder Good-Oil said:
I don’t oppose financial stocks. I like them a lot. Especially with high interest rates looming. I don’t like owning debt but would be interested late in a cycle of high interest rates.
Click to expand...
wut

High compared to what? Not compared to historical rates.
 
#12,594
#12,594
Pelosi Buy Alert!
Just start tracking Pelosi for the best investment advice and insider portfolio modeling.

Nancy Pelosi buys millions in call options in Google, Disney, others(NASDAQ:GOOGL) | Seeking Alpha

  • House Speaker Nancy Pelosi and her husband have purchased millions of dollars in call options in several technology stocks, including Google (NASDAQ:GOOGL), Roblox (NYSE:RBLX) and Disney (NYSE:DIS), according to CongressTrading.com, a database that keeps track of lawmaker's stock trades.
  • In addition, Pelosi and her husband, Paul, who runs Financial Leasing Services, a real estate and venture capital investment and consulting firm, also purchased call options in Micron Technology (NASDAQ:MU) and Salesforce.com (NYSE:CRM).
  • The purchases were made between December 17 and December 21.
  • The Salesforce.com (CRM) and the Google (GOOGL) purchases were the most expensive, according to the database, costing between $500,001 and $1 million. The other acquisitions were between $250,001 and $500,000.
  • Pelosi has come under fire for the trades in the past, but has defended them, most recently saying earlier this month that this is a "free market economy" and lawmakers "should be able to participate in that."
  • Hedge fund manager Dan Niles recently said that Google (GOOGL), along with Meta Platforms (NASDAQ:FB) and General Motors (NYSE:GM) were his top stock picks for 2022.
 
#12,595
#12,595
Vol8188 said:
Anyone have thoughts on investing for inflation they’d like to share?

My main thought right now is to continue buying low cost s&p 500 index funds and hope the market in general moves up due to the inflation.

I currently own around roughly equal dollar amounts in each in 9 individual stocks (PRU, BAC, KO, TM, PEP, INTC, TX, CVS, ORCC) and 1 gold etf (BAR)
Click to expand...
If you are going to buy a hold ETF, buy the Sprott gold ETF (PHYS).
 
#12,596
#12,596
SpaceCoastVol said:
I-Bonds are yielding 7.12% thru April of '22. Of course you can only buy $10,000/year though. If you don't know anything about them, they adjust their yield rates (based on inflation) every 6 months. You have to hold them for 5 years to get all of the accrued interest, but you can cash them in before that and only lose the latest 3 months. If you want to stash cash with a medium to longer term horizon, it's not a bad place to go. I just bought a bunch.

TreasuryDirect <--- for more info.
Click to expand...
Interesting. How high is default risk?

Nevermind, they'll just print money.
 
Last edited:
#12,598
#12,598
Vol8188 said:
What do you like about it vs BAR? If my memory is right I went with BAR because it was the cheapest I could find in terms of fees
Click to expand...
Just because it appears to be an ETF that actually backs its fund with physical gold. That probably may not matter to most people since they only want exposure to the gold price and will like never exercise the option to get metal delivered. But it signals to me that they appear to be running a clean operation.
 
  • Like
Reactions: Vol8188
New posts
You must log in or register to reply here.

VN Store



Back
Top