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I have 300k to invest with. Ive just started talking to an advisor at chase so still getting my bearings. but Id also like to hear your opinions because collectively there is a lot of knowledge here If I believe that 1) trump losing the election = stock market drops as it rose when he was elected 2) in a few months the hospitals will have people dying in the hallways with nowhere to put them. Which will trigger shutdowns in some or all states 3) business bankruptcies will rise soon. which means more unemployment. More housing foreclosures, rental evictions in general I would like to wait until after the market crash Im expecting to invest my money when the market is down. the advisor generally wants my money now to invest 4) should I short the stock market then after the crash invest it?
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Jul 19, 2020 23:21
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No you should not try to time the market
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Jul 20, 2020 02:12
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if Im confident its gonna crash I shouldnt wait until after it happens?
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Jul 20, 2020 02:26
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thewalk posted:if Im confident its gonna crash I shouldnt wait until after it happens? What are the full details of your plan? It sounds like you're asking if it's good to sell high and buy low, which it is, but...
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Jul 20, 2020 02:47
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thewalk posted:I have 300k to invest with. Ive just started talking to an advisor at chase so still getting my bearings. but Id also like to hear your opinions because collectively there is a lot of knowledge here Start a blog and tell us how your investment goes. I'd recommend switching from Chase to Charles Schwab, though, and make sure you use their E-Trade option to self-manage.
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Jul 20, 2020 03:36
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thewalk posted:in general I would like to wait until after the market crash Im expecting to invest my money when the market is down. the advisor generally wants my money now to invest Why you are giving 300k to someone who already is ignoring your wishes?
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Jul 20, 2020 04:09
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I've really got to start selling puts already.
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Jul 20, 2020 05:35
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moana posted:I've really got to start selling puts already. Selling put puts doesn't seem that profitable, honestly. 
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Jul 20, 2020 06:01
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Most stock advisors aren't worth a dime. Put your money into SPY and forget about it. You know how to make a mid sized fortune? Start with a large fortune and actively invest it.
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Jul 21, 2020 20:52
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Please stop giving bad advice. Unopened lego sets are the new tulip market.
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Jul 21, 2020 21:55
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Elephanthead posted:Please stop giving bad advice. Unopened lego sets are the new tulip market. But where on the bubble/curve are we? 
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Jul 22, 2020 12:46
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You should short the US housing market. If it all goes well for you, maybe they'll make a movie about it.
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Jul 22, 2020 12:54
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Moneyball posted:You should short the US housing market. If it all goes well for you, maybe they'll make a movie about it. A+ post. If you are dumb enough to short the market, please post here so we at least get entertainment out of it. Serious post: It’s a reasonable bet to anticipate the market going up and down. It’s an unreasonable bet to think you can properly time so many factors that people with 1,000 x’s your resources can’t properly time.
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Jul 23, 2020 16:07
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The super obvious point is that the market is divorced completely from actual conditions. The idea that the market will crash because the economy is collapsing does not seem to bear any resemblance to reality. The market isn't a reflection of anything real, it's just a vehicle for people with extra money to make more money. If you have extra money, put it in and wait for more money. Isn't that the game?
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Jul 23, 2020 17:33
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do you actually know what a short is, and the consequences of being wrong about one? you can not only lose your 300k, but also an unlimited amount of additional money beyond that depending on just how severely wrong you are
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Jul 23, 2020 17:59
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I don't know if it's attributed correctly or anything, but I think "the market can remain irrational longer than you can remain solvent" are definitely words to live by here
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Jul 23, 2020 19:53
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DELETE CASCADE posted:do you actually know what a short is, and the consequences of being wrong about one? you can not only lose your 300k, but also an unlimited amount of additional money beyond that depending on just how severely wrong you are Right, but Trump’s gonna lose the election, so obviously that means stocks will go down.
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Jul 23, 2020 21:00
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lol @ thread concept of guy with $300,000 asking goons how to short the market this is a good one
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Jul 23, 2020 21:10
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thewalk posted:I have 300k to invest with. Ive just started talking to an advisor at chase so still getting my bearings. but Id also like to hear your opinions because collectively there is a lot of knowledge here 2) Bad conditions and millions dead mean more stimulus money, most of which gets directed to stock owners. Net effect: stocks go up.  3) Businesses, at least the ones most people work for, don't go bankrupt like you're thinking of. 4) Yes, because you're an idiot, and I would love to see you lose your money.
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Jul 24, 2020 00:31
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Jack Daniels posted:lol @ thread concept of guy with $300,000 asking goons how to short the market this is a good one lol im not just asking on here. this forum has a unique crowd. I like to hear you guys screech in the noise theres useful info
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Jul 25, 2020 00:32
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thewalk posted:lol im not just asking on here. this forum has a unique crowd. I like to hear you guys screech in the noise theres useful info Please keep posting here on your progress.
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Jul 25, 2020 00:47
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Would love to see your model and maybe kick in a few bucks. With customary management fee of course.
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Jul 25, 2020 02:47
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Did you know there is an infinite upside to buying calls but a limited profit potential for buying puts? This is why you do not buy puts because you will never make more money than "infinite".
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Jul 25, 2020 05:59
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I mean the guy could sell calls and short the market that way? If he's wrong, at least he gets something for his money.
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Jul 26, 2020 21:11
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op, i heard something about naked shorts once on an investment blog. It didn't make alot of sense to me because who wears shorts while naked?
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Jul 26, 2020 23:51
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There are DOZENS of us!
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Jul 27, 2020 00:57
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Residency Evil posted:But where on the bubble/curve are we? Legos are square.
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Jul 27, 2020 02:03
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thewalk posted:lol im not just asking on here. this forum has a unique crowd. I like to hear you guys screech in the noise theres useful info
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Jul 27, 2020 02:24
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Dik Hz posted:Did we just get a "dance puppets" rebuttal? I haven't seen one in the wild in a while. Jack Daniels posted:this is a good one
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Jul 27, 2020 02:25
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I'd like to short this thread's rating.
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Jul 27, 2020 07:46
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so a week into doing trades during the day I find out theres a 2 day settlement period on my trades. so I opened a brokering acct for day trading. with chase its 2.99 per trade but no settlement period so that should get the job done
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Jul 27, 2020 09:06
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thewalk posted:so a week into doing trades during the day I find out theres a 2 day settlement period on my trades. so I opened a brokering acct for day trading. with chase its 2.99 per trade but no settlement period so that should get the job done Now you're cooking with gas! roadhead fucked around with this message at 15:06 on Jul 27, 2020 |
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Jul 27, 2020 14:40
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roadhead posted:Now you're cooking with gas! margin trading here i come
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Jul 27, 2020 21:14
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betting against obvious market scams is easy and profitable, ask anyone who's bought TSLA puts in the last decade
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Jul 28, 2020 16:21
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shame on an IGA posted:betting against obvious market scams is easy and profitable, ask anyone who's bought TSLA puts in the last decade this sounds interesting can you explain?
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Jul 29, 2020 05:08
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thewalk posted:this sounds interesting can you explain? TSLA won’t ever make enough money to justify its current valuation. This has been true for the past 6 years and continues to be true, but “stonk price go up bc Elon made a twweet’! He put car in SPace!! He likes Rick and Morty too!!” is apparently all the financial analysis you need to invest in TSLA in fuckin’ drooooves. Everything is a bubble, yes, but TSLA is a bubble. Buying puts on it should be a no brainer but billions have been lost that way.
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Jul 29, 2020 07:21
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Jack Daniels posted:lol @ thread concept of guy with $300,000 asking goons how to short the market this is a good one  forever god drat  Gazpacho posted:I'd like to short this thread's rating. There are layers to the bad ideas and they're coming from within the thread whoa Harry Potter on Ice fucked around with this message at 20:21 on Jul 29, 2020 |
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Jul 29, 2020 20:19
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jokes posted:TSLA won’t ever make enough money to justify its current valuation. This has been true for the past 6 years and continues to be true, but “stonk price go up bc Elon made a twweet’! He put car in SPace!! He likes Rick and Morty too!!” is apparently all the financial analysis you need to invest in TSLA in fuckin’ drooooves. I dont know enough about TSLA never making enough. elon portfolio of companies have a synergy and cutting edge ideas people are pricing in the overall concept of Musks companies. whether they are wrong is beyond me to say
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Jul 30, 2020 04:15
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thewalk posted:I dont know enough about TSLA never making enough. elon portfolio of companies have a synergy and cutting edge ideas people are pricing in the overall concept of Musks companies. whether they are wrong is beyond me to say Their market capital $279B. Toyota, an actually successful car company, is at $197B. Honda is $46B. Ford is $27B. What does Tesla do that makes them "worth" more than those other three added together?
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Jul 30, 2020 20:33
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synergy and cutting edge ideas, it's right there in his post!!
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Jul 30, 2020 21:28
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