Bank of America issues warning
- Thread starter stinkynuts
- Start date
Basically, there is a real AI bubble, all indicators clearly show this.
He suggests investing in only companies that are not currently overvalued. I would add to increase your cash allocation, perhaps some gold/silver.
He suggests investing in only companies that are not currently overvalued. I would add to increase your cash allocation, perhaps some gold/silver.
There is something there, it is more than a bubble. AI got deepdicked by deepseek and it rebounded. AI is over valued based on PE but I think AI stocks will continue to climb because it has now become an arms race, not just company vs company but country vs country, east vs west.
With that said, I am planning to reduce my stock ETFs and replace them with gold ETFs. While I am cautiously optimistic about AI, I am not optimistic about Orangeman and his deputy.
With that said, I am planning to reduce my stock ETFs and replace them with gold ETFs. While I am cautiously optimistic about AI, I am not optimistic about Orangeman and his deputy.
The stock market is like gambling. We have no control as the rich using it as a transfer of wealth. I have sold all my shares and will play it safe now from.
Fucking dumb ass me only liquidated most of my Equities ETF today. I should have done it last Friday and been 30k better off.
I was hoping that the rumor that today some trade agreement would be made but I waited till noon and bupkiss.
With my luck, tomorrow the tariffs will be lifted and I will miss out on the rally.
Jabba the Hutt and his deputy serving shit filled sandwiches and calling it steak.
I was hoping that the rumor that today some trade agreement would be made but I waited till noon and bupkiss.
With my luck, tomorrow the tariffs will be lifted and I will miss out on the rally.
Jabba the Hutt and his deputy serving shit filled sandwiches and calling it steak.
Last edited:
Don't worry we'll be better off in the end.Did the same with Bit coin
I was in what I thought was a safe investment—it had only been down about 2% while the Dow was down 7% and the S&P 500 down 9%. But it tanked hard today, someone panicked and cashed out causing the fund to drop, and so I caught up to the losses of the main index's costing me about $40k on the day. But what everyone needs to realize is that when it comes to Trump, whatever you think is the worst case scenario—the end result is going to be worse than that. At this point does anyone really think things will just go back to normal over the next four years? Not a chance. And as Canadians, are we just going to back down in the face of his disrespect and bow down to our American overloards? Also not a chance. So, I’m taking the L for today and cashing out. I’d rather lose a few tens of thousands today, than hundreds of thousands over the next few weeks and months. And there'll be opportunities to buy back in at discounted prices when things get really bleak in the future. GLTA
I took the money I cashed out from VFV(S&P ETF) and VDY(Canadian Dividend ETF) last week and bought CGL (Gold ETF) today.
Right now my non registered Portfolio is 40% GIC, 30% CGL (Gold ETF), 22% BRK.B, with the remainder in HSUV (cash ETF)
It is a pussy portfolio but meow meow meow right now.
I am thinking about buying Fortis when my GICs mature, it is a utility stock. It has been making steady gains these few months and pays just under 4% qualified dividend. Another Pussy stock, meow meow meow.
Next week I will probably bump up my BRK.B to 25% with the longer-term goal to get it to 30% of my portfolio.
Right now my non registered Portfolio is 40% GIC, 30% CGL (Gold ETF), 22% BRK.B, with the remainder in HSUV (cash ETF)
It is a pussy portfolio but meow meow meow right now.
I am thinking about buying Fortis when my GICs mature, it is a utility stock. It has been making steady gains these few months and pays just under 4% qualified dividend. Another Pussy stock, meow meow meow.
Next week I will probably bump up my BRK.B to 25% with the longer-term goal to get it to 30% of my portfolio.
Brkb is an excellent choice. Completely understandable to play it safe with a madman at the helm of the world’s largest economy.
Excellant point. The market is meant to get needed money to companies so they can expand but it has turned into a racket run by money changers and sociopaths
Yeah. Look at the section about buying companies that are constantly issuing shares.
5 ways to lose money in the stock market
Investors tend to make common mistakes that often end up losing them money. Here are 5 of those mistakes. Find out more.
financialpost.com
Never knew there was such a thing. It is a ETF hedge fund, stay awayYeah. Look at the section about buying companies that are constantly issuing shares.
5 ways to lose money in the stock market
Investors tend to make common mistakes that often end up losing them money. Here are 5 of those mistakes. Find out more.
Buying leveraged ETFs
More akin to gambling than investing, leveraged exchange-traded funds (ETFs) and exchange-traded notes (ETNs) use derivatives to try and get two, three, or even four times exposure (up or down) to an underlying asset, such as a stock index. They can be useful for high-risk day traders, but their structure is horrible for investors holding longer than a day. The reset of derivatives results in a natural, ongoing, daily net asset value decay. The leverage works as all leverage does: It’s great when things go your way, and can be devastating when things do not. Let’s look at an example: FNGD is a Microsectors FANG+ Index 3X Inverse Leveraged ETN, tracking the inverse performance of a group of technology stocks. With tech being strong the past five years, its five-year annualized return is a blistering (sarcasm) negative 74.8 per cent, according to Bloomberg LP. Why do people buy these at all? Well, as usual, the answer is greed. At times, these products will soar in a very short period of time. That gets attention and investors want some of the action. But we think they are simply horrible products and it is best to avoid them.
Last edited:
Why Do Republicans Keep Tanking the Economy?
Here's why 10 of the last 11 recessions happened under Republican presidents
youtube.com
Trump is most likely crashing the economy and markets on purpose. While most people will lose money, the wealthy will take advantage of the upcoming pump engineered by him. A recession is now 50/ 50due to his policies, and his removal of regulations could lead to disaster.
Last edited:
Up 35k since I got rid of vdy and vfv two weeks ago and bought more brk.b and gold ETF
I just bought a Honda Civic about 2 weeks ago. Wanted to get a Camry but decided to get the cheaper car since my portfolio dropped 30k due to Trump. I should have bought the Camry.
I just bought a Honda Civic about 2 weeks ago. Wanted to get a Camry but decided to get the cheaper car since my portfolio dropped 30k due to Trump. I should have bought the Camry.
I’m about to get a new car. I lost a lot on Bitcoin. At one point I could have afforded a new Lexus. Now I am looking at a used Sentra. Used car prices are absolutely ridiculous.
