Dave Taylor
Rex kwan Do
April top, sell in may and stay away...for a decade.
Biggest crash in stock market history?
- Thread starter Dave Taylor
- Start date
SCOTTscale
Active Member
The market tanked on election night when Trump won.
He won't start a civil war. It already started.
What should I do with my money for those ten years?
Yeah, but it hasn't really started.
Dave Taylor
Rex kwan Do
Whatever tou want. I am doing structured notes in my IRAs...
rick81721
Lothar
It "tanked" for what, 2 or 3 days, then shot up higher than ever by the end of the year.
Worth it? Are the funds really returning that high for the risk?
I haven't looked at individual funds, but I was routinely buying "junk" bonds with ~1 year left until maturity for awhile. Good returns, always picked companies that I knew and didn't look like they'd stop paying out in 1 year, even if in a few years they could be bankrupt. IE, GE/GM/Etc. Those individual bond opportunities have basically disappeared, no returns on the risk.
It was a spot I was keeping my cash/house-downpayment money until interest rates dropped to nothing.
MHCAX and VWEAX
the fund price has been going up, so the yield is down. I caught it at a low point and put it in auto reinvest the last 3 years.
it throws off $$ - so your strat of (possibly) moving that money somewhere else might work.
They call it a dividend, but i'm not sure if there is short/long/div/return of invest in the monthly cash. i should know!
SCOTTscale
Active Member
Trump took out junk bonds. That's one of the reasons he went backrupt 6 times.
Be careful!
Be careful!
? - he claimed personal bankruptcy or business he started went bankrupt?
the natural end of a business that didn't succeed is bankruptcy. It isn't a bad thing, just the end.
One of the most valuable assets of a public company are the shell they leave (entity that can be relisted when re-established)
Junk bonds are how investors willing to take a chance, fund a business that probably has some
venture capital already in play, but is not established. It is nothing more than a rating that quantifies
the likelihood of paying to the end. By creating a portfolio of junk bonds, the winners outweigh the losers.
PS - Happy Birthday in a couple hours.
PPS - i am not pro-trump
Dave Taylor
Rex kwan Do
They tend to do better off volatility so that is the best time to buy. I was able to wrap in 8% over 7 months on the first round and did really well with 17% with that last big spike. That’s over 12 months. As long as the market doesn’t go down 30% in a month it pays the dividend monthly. I haven’t missed a dividend yet and if I did it’s only for that month. The rest of my IRAs are now in a fixed income vanguard fund with a 5% div. After elections I may change it up a bit. I am looki g for one more pullback in precious before I take another long position.
tickr please.
Between earnings and the election, I would expect this week to be very volatile. I'm hoping to pick up some stuff on clearance over the next two weeks.
SCOTTscale
Active Member
I'm hoping for a landslide so he can't contest. That will be great for the markets but just remember you and I are nobodies on Wall Street. It's for really really rich people. That is why it's going down because these greedy guys are about to get hit with a 40% tax.
Buying yet?
can i redo my financial aid forms?
Based on what I've seen over the past few days, covid is going to get much, much worse over the next few weeks. I'm still holding all my long positions, but I think a much bigger dip is likely.