2022 investing thread

soflagator

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But I have so gotten used to dealing with alchy's, drug addicts, derelicts and drama queens on the internet instead of on the job....

I’ll be honest, between high end cuisine, marine sales and mortgages, your three areas of expertise haven’t left you many options if we see a major sustained economic pullback. You may just be screwed, pal.
 

BMF

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The market was a blood bath today (and Friday). Ooooof!

The 10-year shot up to 3.39% also.

BTC is under $23k.
 

Concrete Helmet

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I’ll be honest, between high end cuisine, marine sales and mortgages, your three areas of expertise haven’t left you many options if we see a major sustained economic pullback. You may just be screwed, pal.
sssshhhheeeetttt....I gots lotso mo tricks
1655166109351.png
 

soflagator

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The market was a blood bath today (and Friday). Ooooof!

The 10-year shot up to 3.39% also.

BTC is under $23k.

Barring something unexpected, this will likely be the 11th down week for the Dow of the last 12.
 

soflagator

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There will be some really good buys at some point. But I also haven’t been this tempted to be all cash in a long time. Even companies reporting good numbers are just being dismissed and swept away in the chaos. Hard to remember a worse overall period outside of the period following May 2000 and maybe late 2008. Nowhere to run, just disaster.
 

FireFoley

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Well if the airline price was not so high would be a good time to visit Japan for those so inclined. One dollar gets you 135 Yen so the Sushi and the Geisha Girls would be good value.
 

Concrete Helmet

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Even companies reporting good numbers are just being dismissed and swept away in the chaos
Yup I even sold off most of my commodity dividend giants like Vale and BHP....you know things are bad when even 9-10% dividends look like a trap....
 

BMF

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10-year is at 3.45%. Does anyone know how high it's projected?
 

soflagator

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10-year is at 3.45%. Does anyone know how high it's projected?

Most projections I saw earlier this year were 2.8-3.3(Goldman). So we’re already blowing through that, and that was supposed to be by year end. In short, no one knows, even those who are supposed to.
 

Detroitgator

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ECB is now using some kind of “emergency” tool in an attempt to prevent a “fragmentation” of the debt market. Fed will have to follow suit. "Fragmentation” is another term for implosion and will be massively inflationary. Maybe "the day" I've been waiting for for over a decade is a lot closer... I don't think I'd touch much other than commodities.

Son's #1 and #2 were asking me about the bounce yesterday, I said, "Not a chance in hell that holds and I wouldn't even consider dipping back in until there was multi-session upturn, you ain't missing anything if there is."
 
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bradgator2

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Elon went in dry on Twitter. Hilarious.

I stuck my toes into the cruiselines this week. They went lower than they did in 2020 (and eventually doubled).
 

URGatorBait

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Elon went in dry on Twitter. Hilarious.

I stuck my toes into the cruiselines this week. They went lower than they did in 2020 (and eventually doubled).
If you wouldn't mind posting every time you invest in something so that we can complete avoid it, that would be great :)
 

Concrete Helmet

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Precious metal fun fact for the day.....The DXY is currently at 107. The last time it got that high was Oct. of 2002. The price of silver was around $4.00 per troy ounce and gold maybe $350-400.....

Where has the dollar gone in 20 years? Gold is up over 5x and silver almost 5x.....or is the dollar just down that much? Oddly I purchased one of my rentals in 2002 and it's currently up 3x (129k paid and current value 380K).....did the house go up in value or the dollar down?
 
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