What's taking the biggest hits right now? It seems like tech stocks are getting the most clobbered, but what else?
I've got some classic American companies that are doing well, like T and GE and MDT and KO. Diversification is my friend. I'm still losing my shirt, but at least it's not all down. The oil companies appear to be a place of refuge as well. I think these types of companies will weather the tariff stuff well. [Reply]
Originally Posted by Dunit35:
I have a police pension that’s my main retirement. I’m 39 can technically retire at 45 but I’ll wait till I’m 50 or 55.
This is just extra I throw in monthly.
I'll need to hear from ThaVirus before I can respond to this.
Or maybe I'll just respond anyway. You're young enough that the traditional wisdom is to keep buying into downturns. Historically, that's always been a good long-term move, and you should still be thinking in the long term. [Reply]
Originally Posted by Dunit35:
Do I continue to put money into this or keep it for now? Was up 14% now just 2%.
DCA my friend. Just keep swimming.
Originally Posted by Rain Man:
What's taking the biggest hits right now? It seems like tech stocks are getting the most clobbered, but what else?
I've got some classic American companies that are doing well, like T and GE and MDT and KO. Diversification is my friend. I'm still losing my shirt, but at least it's not all down. The oil companies appear to be a place of refuge as well. I think these types of companies will weather the tariff stuff well.
International is (probably was) the play.
Consumer staples have done well.
And since I’ve been railing on Bonds forever, credit has done well. Because fuck Buehler445. That’s why. [Reply]
Haven't even had a bull trap bounce yet, just straight selling. Pretty incredible. Wait until they show some of the rubes the bottom on a bounce, they go all in, and then they sell it off harder! [Reply]