Adumbration Posted January 11, 2023 Share Posted January 11, 2023 9 hours ago, still kicking said: My OAP is $1140 how much is yours In relative terms I like to think of myself as broke. But I still have too much money to qualify for the OAP. 1 1 Link to comment Share on other sites More sharing options...
Thailand J Posted January 11, 2023 Share Posted January 11, 2023 S&P 500 up 20% in 2023 : Tom Lee. Two of my favorite market analysis are Mike Wilson and Tom Lee. One bearish the other bullish. One of them is right at anytime ???? more often Tom Lee. https://www.cnbc.com/video/2022/12/14/short-tom-lee-on-earnings-in-23-could-do-better-than-expected.html https://markets.businessinsider.com/news/stocks/stock-market-outlook-tom-lee-biggest-risk-2023-forecast-inflation-2022-12 Link to comment Share on other sites More sharing options...
nigelforbes Posted January 11, 2023 Share Posted January 11, 2023 18 minutes ago, Thailand J said: S&P 500 up 20% in 2023 : Tom Lee. Two of my favorite market analysis are Mike Wilson and Tom Lee. One bearish the other bullish. One of them is right at anytime ???? more often Tom Lee. https://www.cnbc.com/video/2022/12/14/short-tom-lee-on-earnings-in-23-could-do-better-than-expected.html https://markets.businessinsider.com/news/stocks/stock-market-outlook-tom-lee-biggest-risk-2023-forecast-inflation-2022-12 Take your pick, there's something to suit everyones taste: https://www.investing.com/news/stock-market-news/top-wall-street-strategists-give-their-sp-500-forecasts-for-2023-2970423 Link to comment Share on other sites More sharing options...
ozimoron Posted January 11, 2023 Share Posted January 11, 2023 I think it's time to put some savings into a gold ETF like GLD.. 1 Link to comment Share on other sites More sharing options...
Thailand J Posted January 11, 2023 Share Posted January 11, 2023 2 minutes ago, nigelforbes said: Take your pick, there's something to suit everyones taste I am an index fund investor, not a stock trader. I have been in the mrket for decades .On the list I find Mike Wilson and Tom Lee made good cases. Worth reading their opinion. Both are respectable. Unfortunately only one can be right. I don't pay much attention to the others. Link to comment Share on other sites More sharing options...
Thailand J Posted January 11, 2023 Share Posted January 11, 2023 2 minutes ago, ozimoron said: I think it's time to put some savings into a gold ETF like GLD.. I think it's time to sell gold. Gold will drop when stock market bull returns. 1 Link to comment Share on other sites More sharing options...
ozimoron Posted January 11, 2023 Share Posted January 11, 2023 2 minutes ago, Thailand J said: I think it's time to sell gold. Gold will drop when stock market bull returns. I think that requires a soft landing to the current economic downturn. I'm not convinced we are going to see one. Link to comment Share on other sites More sharing options...
nigelforbes Posted January 12, 2023 Share Posted January 12, 2023 22 hours ago, Thailand J said: I am an index fund investor, not a stock trader. I have been in the mrket for decades .On the list I find Mike Wilson and Tom Lee made good cases. Worth reading their opinion. Both are respectable. Unfortunately only one can be right. I don't pay much attention to the others. I'm curious, what's your pick for a global index tracker? I'm considering putting some spare cash into HSBC FTSE All World. Link to comment Share on other sites More sharing options...
persimmon Posted January 12, 2023 Share Posted January 12, 2023 Some people think the major index trackers have too much US large cap tech exposure , so mix them up with regional trackers and small cap ETFs to give a more balanced portfolio . Maybe even add some UK - doing well ATM . Link to comment Share on other sites More sharing options...
Thailand J Posted January 12, 2023 Share Posted January 12, 2023 On 1/11/2023 at 10:37 AM, ozimoron said: I think that requires a soft landing to the current economic downturn. I'm not convinced we are going to see one. I think soft landing is what we're heading. meaning the bull is just around the corner. The fed's feverish rate hides merely solved the labor shortage without creating an unemployment line. This may just be what will save the day. Don't jump to conclusion if you see some large tech or financial corp announcing layoffs. You need to see the overall labor market date. Link to comment Share on other sites More sharing options...
Thailand J Posted January 12, 2023 Share Posted January 12, 2023 8 hours ago, nigelforbes said: I'm curious, what's your pick for a global index tracker? I'm considering putting some spare cash into HSBC FTSE All World. There was no where to hide in 2022 when the global economy went to ICU with an acute case of "helicopter money overdose". I don't have oversea stocks, since S&P 500 draw 40% of their revenue overseas. Link to comment Share on other sites More sharing options...
nigelforbes Posted January 12, 2023 Share Posted January 12, 2023 2 minutes ago, Thailand J said: There was no where to hide in 2022 when the global economy went to ICU with an acute case of "helicopter money overdose". I don't have oversea stocks, since S&P 500 draw 40% of their revenue overseas. I went into wealth preservation funds in Sept. 2021 and have stayed there. CGT, PNL and RICA holdings meant I was down a maximum of 5%, now fully recovered. I'm slowly adding sensible assets but am a firm believer in a solid geographic spread. My best performers so far have been Developed Asia and EM. I'm holding 15% US, 4% UK, 4% EU, 6% Dev Asia and 5% EM, all for a total of 37% equities....the rest, 33%, is in bonds, gold, FI and risk mitigation products. I recently bought Royal London Global Select which has proved to be very stable. My next purchase is likely to be Fidelity Europe which also has done well. I remain 30% cash. Link to comment Share on other sites More sharing options...
Thailand J Posted January 12, 2023 Share Posted January 12, 2023 7 hours ago, persimmon said: Some people think the major index trackers have too much US large cap tech exposure , so mix them up with regional trackers and small cap ETFs to give a more balanced portfolio . Maybe even add some UK - doing well ATM . You can pick a few index funds to cover every sectors and market caps. I have Vanguard VOO, I also have Vanguard VTI which invest in mid caps and small caps. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted January 13, 2023 Share Posted January 13, 2023 I'm investing in DeFi right now, and Web3. The early adopters are going to be rewarded big. 1 Link to comment Share on other sites More sharing options...
Neeranam Posted January 13, 2023 Share Posted January 13, 2023 (edited) 4 minutes ago, gargamon said: Crypto-news-flash.com? Looks like a fanboy site for crypto/NFTs, etc. All ponzi schemes. Of course you're going to find propaganda there. Yes, the S&P may be going down. Look at the last 50 years and you'll see that that is how it works. Every few years there will be a year or two of drops, but it will still recover in the near term. Can you say that about crypto? These banks will not tell you when they are buying Bitcoin, and the mainstream biased media certainly won't - are you saying MS didn't buy BTC recently? Do you think they are foolish? Look at Jamie Dimon, buying crypto while tell his employees they couldn't buy, creating FUD so as he could buy cheaply, you are being played! Read this thread and tell me that S&P has done better than BTC over the last 5 years. It's not rocket science, BTC compounded gains - 1330x Edited January 13, 2023 by Neeranam 1 Link to comment Share on other sites More sharing options...
metisdead Posted January 13, 2023 Share Posted January 13, 2023 Some off topic posts, inflammatory posts and the replies have been removed. Link to comment Share on other sites More sharing options...
save the frogs Posted January 13, 2023 Share Posted January 13, 2023 war morgan stanley drinking when he made that prediction? are you guys "investors" or "gamblers"? 2 Link to comment Share on other sites More sharing options...
nigelforbes Posted January 13, 2023 Share Posted January 13, 2023 24 minutes ago, save the frogs said: war morgan stanley drinking when he made that prediction? are you guys "investors" or "gamblers"? Morgan Stanley is not a he, Morgan Stanley is a bank. 1 Link to comment Share on other sites More sharing options...
ozimoron Posted January 14, 2023 Share Posted January 14, 2023 This will be interesting next week. The S&P 500 Link to comment Share on other sites More sharing options...
nigelforbes Posted January 14, 2023 Share Posted January 14, 2023 12 minutes ago, ozimoron said: This will be interesting next week. The S&P 500 Earnings season begins, it will go one way or the other, probably dramatically. Link to comment Share on other sites More sharing options...
Neeranam Posted January 16, 2023 Share Posted January 16, 2023 On 1/13/2023 at 1:10 PM, Neeranam said: These banks will not tell you when they are buying Bitcoin, and the mainstream biased media certainly won't - are you saying MS didn't buy BTC recently? Do you think they are foolish? Look at Jamie Dimon, buying crypto while tell his employees they couldn't buy, creating FUD so as he could buy cheaply, you are being played! Read this thread and tell me that S&P has done better than BTC over the last 5 years. It's not rocket science, BTC compounded gains - 1330x @gargamon I repeat my questions - are you saying MS didn't buy BTC recently? Do you think they are foolish? Link to comment Share on other sites More sharing options...
gargamon Posted January 17, 2023 Share Posted January 17, 2023 8 hours ago, Neeranam said: @gargamon I repeat my questions - are you saying MS didn't buy BTC recently? Do you think they are foolish? I really don't care who is buying crypto. Just because some lemming jumps off a cliff you think I should too? I do classical investments, in companies that make profit. I do not invest in mathematical constructs that essentially nobody understands how they work. Crypto is driven by hype alone, the classic definition of a ponzi scheme. 1 Link to comment Share on other sites More sharing options...
1FinickyOne Posted January 17, 2023 Share Posted January 17, 2023 On 1/10/2023 at 11:28 PM, Neeranam said: I know where my money is. Isn't that the problem w/bitcoin? - there is no "where" there Link to comment Share on other sites More sharing options...
Hanaguma Posted January 17, 2023 Share Posted January 17, 2023 A couple of decent ETFs for the larger markets are from Horizons- HXS (for the S and P) and HXT (for TSX in Toronto). Both diversified well. Their bank index ETF (HEWB) is also a pretty safe investment. Canadian banks are rock solid and weather financial storms better than most. Link to comment Share on other sites More sharing options...
1FinickyOne Posted January 17, 2023 Share Posted January 17, 2023 The wheels on the bus go round and round... meat and milk are no longer good for you... but an apple a day... 1 Link to comment Share on other sites More sharing options...
Neeranam Posted January 17, 2023 Share Posted January 17, 2023 28 minutes ago, gargamon said: I really don't care who is buying crypto. Just because some lemming jumps off a cliff you think I should too? I do classical investments, in companies that make profit. I do not invest in mathematical constructs that essentially nobody understands how they work. Crypto is driven by hype alone, the classic definition of a ponzi scheme. I never said you should buy bitcoin, my question was, "do you think Morgan Stanley are fools?" I wonder why you are not answering this ???? You said only fools buy this, which is a strange thing to say, just because you don't understand it. You obviously have an irrational hatred for crypto, as if GS, NY Mellon, etc would invest millions into a ponzi, jeez. Link to comment Share on other sites More sharing options...
save the frogs Posted January 17, 2023 Share Posted January 17, 2023 (edited) 16 minutes ago, Hanaguma said: Canadian banks are rock solid and weather financial storms better than most. I met a 97 year old woman who claimed she made a lot of money in the stock market and ONLY invested in bank stocks. Not saying it's valid investment advice. But just sharing anyway. Edited January 17, 2023 by save the frogs 1 Link to comment Share on other sites More sharing options...
Neeranam Posted January 17, 2023 Share Posted January 17, 2023 16 minutes ago, 1FinickyOne said: Isn't that the problem w/bitcoin? - there is no "where" there What do you mean? Link to comment Share on other sites More sharing options...
gargamon Posted January 17, 2023 Share Posted January 17, 2023 (edited) 56 minutes ago, Neeranam said: I never said you should buy bitcoin, my question was, "do you think Morgan Stanley are fools?" I wonder why you are not answering this ???? You said only fools buy this, which is a strange thing to say, just because you don't understand it. You obviously have an irrational hatred for crypto, as if GS, NY Mellon, etc would invest millions into a ponzi, jeez. I worked in silicon valley during the dotcom bubble. It was the same. Companies that were making no money with stock market valuations through the roof. The hype was that they didn't need to make money, and it all depended on the number of eyeballs they attracted. At the time I couldn't believe it lasted as long as it did. Just like I can't believe crypto has lasted this long . Silicon valley was interesting. Everybody was a (multi) millionaire on paper. The engineers all thought it would go on forever. The secretaries were the smart ones. They were the ones who cashed out early and took their million. The engineers held out until the end and ended up with little. One engineer thought he was clever, took out a mortgage on his house so he could buy his options. He needed to hold them a year to get taxed at long term capital gains rate. During that year the crash happened and he lost his house. Pretty funny if you ask me. In the dotcom bubble, Morgan Stanley, or it's equivalents at the time, were all hyping dotcom. Were they wrong? Yes, they were, just like the ones buying crypto now are wrong. Their profits come from transactions. The more suckers they get to do transactions, the more money they make. Edited January 17, 2023 by gargamon Link to comment Share on other sites More sharing options...
Lucky Bones Posted January 17, 2023 Share Posted January 17, 2023 On 1/13/2023 at 5:16 PM, nigelforbes said: Morgan Stanley is not a he, Morgan Stanley is a bank. Missed the humour in the comment did we????????? Link to comment Share on other sites More sharing options...
.png.3b3332cc2256ad0edbc2fe9404feeef0.png)
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now