btw... if you guys have been paying attention the last 10yrs ----------- DATA is the new asset.
TSLA stock buy or stay away?
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So anyone care for a broader conversation?
Most of us are stuck at home and i'm quickly reaching the end of the internet.
In watching the market this week, I can't help but think of a potential more morbid outlook. There's been such broad stock market wealth destruction this week I wonder if this is a fundamental shift in asset classes (away from stocks) whereby this recovery might take a long long time (years). I'm not sure I see a strong bounce coming. Dare I say.. might even be a move to other asset classes like RE, Gold, other developing countries? I reckon most who cashed out are sitting on cash. Well, we're about to blow up our deficit like the world has never seen, yet.. it's the world.. we're all in it. Feds printing money, countries running up massive deficits in the name of human aid. I just don't see a sharp return in the market unless we can quickly get over this thing in a timeframe like single digit weeks, not months. But where does the world put their money if not the USA? China and parts of Asia seems to be the only countries bouncing back from this. I suppose we'll know in a few weeks....
Anyway, I went to 90% cash last year.. a bit early, sure... so i'm SLOWY DCA'ing into this. The way I see it... if it doesn't recover my cash is worthless anyway LOL
Most of us are stuck at home and i'm quickly reaching the end of the internet.
In watching the market this week, I can't help but think of a potential more morbid outlook. There's been such broad stock market wealth destruction this week I wonder if this is a fundamental shift in asset classes (away from stocks) whereby this recovery might take a long long time (years). I'm not sure I see a strong bounce coming. Dare I say.. might even be a move to other asset classes like RE, Gold, other developing countries? I reckon most who cashed out are sitting on cash. Well, we're about to blow up our deficit like the world has never seen, yet.. it's the world.. we're all in it. Feds printing money, countries running up massive deficits in the name of human aid. I just don't see a sharp return in the market unless we can quickly get over this thing in a timeframe like single digit weeks, not months. But where does the world put their money if not the USA? China and parts of Asia seems to be the only countries bouncing back from this. I suppose we'll know in a few weeks....
Anyway, I went to 90% cash last year.. a bit early, sure... so i'm SLOWY DCA'ing into this. The way I see it... if it doesn't recover my cash is worthless anyway LOL
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I was 30% cash before wreck and have put 10% to work recently in stocks on my wish list....I believe the pain will be longer lasting...but in the end greed always wins so if your time horizon is at least 5 years out then take advantage....also more recently bond funds started going down with equities.....rare to see that.
Btw... I think we'll be fine but when one is locked up at home the brain wanders.
I got in SBUX and SQ at the close yesterday. I had 5 orders and those 2 were filled. I got in ZM early on in this crash.
I got in SBUX and SQ at the close yesterday. I had 5 orders and those 2 were filled. I got in ZM early on in this crash.
Baba
Foreign real estate.
I was 100% cash too three days before the crash. Talked my coworker into getting out the day before. He's thanked me every day since. All of that cash is now taking advantage of our awesome currency exchange rates with the Argentinian peso and the Brazilian real and buying up real estate. The problem in Buenos Aires is that most high-end sellers want to do business in dollars. They learned many years ago with their last currency crash and are pretty much united in propping up their investments.
The other market I'm buying real estate in, Brazil, has been very steady the past 5.5 years. https://fipezap.zapimoveis.com.br/
I've been waiting for a downturn, but the favorable exchange rate and my nervousness here prompted me to make the moves recently.
It's so undervalued I just don't get it. That's probably why my 11 YO daughters portfolio has done better than mine up until this crash. If only she didn't have Ford. I intentionally didn't warn my daughters because I want them to follow Buffett's words of investing wisdom and not be like their dad.
Seems the trend is global QE. New Zealand just announced theirs. So what if the entire world did QE?
The Federal Reserve just suggested there's no upper bound to our QE this morning. The governments are trying to make loans cheaper, but I don't think that will solve the unemployment and consumer confidence issues. The markets are going to nosedive when they release those statistics soon.
I'm talking about broader currency slides like those in South America or Russia. Ultimately, its to take advantage of quick real estate purchases. I wanted to retire now and this is the only way I can think of to protect the bulk of my savings.
Yay, a drug that has to be administered intravenously and 48% of the users have severe side effects including liver damage! Why are people cheering this as a viable solution?
Well, looks like I was wrong on that one. The gov has done a good job supporting the markets so far by printing money and giving it out like crazy. Let's see what happens in a few weeks....
I was late 30's a few years ago when I developed shingles on my face and quickly learned that the three major shingle anti-virals don't do much... even when you catch it early. Vaccinations are the best defense if available. Uh oh, hope I don't upset the anti-vaxxers.
This is probably the easiest read on the latest COVID-19 vaccination development status:
https://www.nature.com/articles/d41573-020-00073-5
This is probably the easiest read on the latest COVID-19 vaccination development status:
https://www.nature.com/articles/d41573-020-00073-5
That's correct. Anti-virals that inhibit replication usually aren't the best solution because certain viruses may be difficult to get to depending on the type of cells they target (or obviously when they're dormant and not replicating). My one and only personal experience with anti-virals backed that up.
The human body natural defense is still the best whether it's from attenuated or inactivated vaccinations. Problem is the time involved to develop them. For example, the original live attenuated measles vaccination took 10 years of repeated culturing....
Just one more thing machines will be doing. I'm helping one of my old professors on an AI model now.
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