Originally Posted by Hammock Parties:
If I can just get IBIO to create the vaccine and GNUS to become the next Disney I can retire at 40.
LET'S RIDE
Serious question.
How will you know when to sell though? That’s the hardest part because the next drop with be quick and brutal when the Fed releases the gas pedal. [Reply]
Originally Posted by Hammock Parties:
If it's anything like Tesla it will recover off a medium dump in a few months and hit a new high by the beginning of 2021.
Just have to hope this happens before the S&P 500 hits 140.
Yeah, where is he? The next two days of NKLA could lead to a life of leisure or eternal poverty. I need him to tell me which one it's going to be. [Reply]
Originally Posted by Rain Man:
Yeah, where is he? The next two days of NKLA could lead to a life of leisure or eternal poverty. I need him to tell me which one it's going to be.
Originally Posted by Hammock Parties:
Scared money don't make money.
I think I'd be more scared if the rest of the market hadn't recovered so nicely just in time.
I think most will be a lot more apt to hold now, especially with the big investors not able to sell for six months.
I'm gonna lose a bunch of money to the government if I sell now ANYWAY, so my position is I might as well hold.
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money. [Reply]
Originally Posted by lewdog:
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money.
Short-term capital gains are insane dude.
Right now I would pay the government 22% of my winnings.
No sir. Holding. The benefits outweight the risks. This isn't a shit company. If it was I'd bail faster than you can say "IBIO." [Reply]
Originally Posted by lewdog:
That’s not my point.....read be fearful when others are greedy.
Record highs in July or August won’t be here to stay for the market as a whole. What will you do when the market sentiment turns and the Fed steps back?
I’m guessing your income bracket isn’t high enough to worry a ton about capital gains. Made money is made money.
Why are you so convinced it will set back?
There wasn’t a massive setback after TARP and the subsequent QE.
Not necessarily saying I disagree, but the economy hasn’t responded the way I would think it would since the tech bubble burst. Well maybe 9/11. [Reply]
