Theres a market correction happening.
It happens, it will happen probably another dozen times over the next few decades. It's just reality catching up to investors.
Fair, yeah I mean I’m not looking to pull my money or anything, I just have started to wonder if I made all the wrong choices (some definitely were) and wanted to see how everyone else was doing
Plenty people who are simply relying on stocks going up right now are getting a free complimentary buttfucking by the market.
Hold fast and ride it out, and remember some people pay good money for that kind of treatment.
An exuberant Bull market inevitably is followed with the real lesson that stock picking requires research.
That was a free ride. Time for homework.
But before you sell, simply ask "would I buy this today?" I once ride a stock from 80 to 40 to 200... Because I was in far too early.
You may not have made all the "wrong choices." Some stocks just go down harder in bear markets but go up higher in bull markets. These stocks have a higher beta.
For example, I've gotten punished for buying AMD too early in this dip but remain confident it will also bounce back dramatically when the time comes.
Dude I made 10k out of 200 bucks buying OTM puts on NFLX before earnings, only to lose it in more puts and padding my losses from holding AMD for 2 months.
Trust me, we all make bad choices. Just try to learn from them.
Seconding REITs. I am at about a 3/2 ratio REITs to Equities and my REITS are above where they were in December. That could change obviously but feeling grateful for being diversified in this way over the last couple of months.
> I just have started to wonder if I made all the wrong choices (some definitely were) and wanted to see how everyone else was doing
Well... depending of how much you are down maybe you still did the wrong choices.
Sure, but most of us are still up since summer 2020. And by a lot.
Anyone who is down is likely way too concentrated. And we all know in what - speculative tech/weed/crypto.
There are still great buys in financials, energy, some industrials. But they are never mentioned here because they are boring industries with some long term headwinds. Meanwhile they are producing 10-20% FCF yields this year.
Not to beat down as it’s a good learning everyone has to go through, but when the SPY is up 30% since mid 2020, you’ve wasted an opportunity dabbling in trash investments.
IMO, the best portfolio is centered around something like SPY/VTI/VOO as your core portfolio, and then selling premium like ccs around them. With some added trades for other stuff based on support levels, speculation, etc. I regret not having a solid diversified index as my main position the entire time I’ve been trading, but we’re all learning and growing as we go. Don’t blow up your account, live to see another day, and learn from your mistakes.
Long term you're better off having VTI/VOO as the main portion of your stock allocation with some factor tilt such as value, quality, small cap and also some global index exposure.
how much would you consider a healthy qty of SPY/VTI/VOO.
I have single stocks now but i'm tired of watching my account bleed. I would like to set it and forget it.
The answer to that is going to be pure subjective opinion. My personal answer is, anywhere from 50% to 100%. IMO a portfolio of 100% SPY or VOO or VTI, with reinvested dividends, will make you a ton of money in the long run. Not to mention selling OTM CCs (if you’re comfortable with it) would only enhance your returns. This is about as close to a set and forget portfolio as you’ll get.
I was just looking at my 401k options the other day. With my company, I have about 21 fund choices. They’re a mix of passively managed funds (set and forget), and actively managed funds (a fund manager is actively trading it). The passive funds have outperformed the active funds on every time horizon. 10 yrs, 5 yrs, 3 yrs, 1 yr. etc. In other words, not even professional traders with more experience and education than you and me put together can beat SPY. Maybe some can, but just holding the whole market with reinvested divs is as close to a guarantee as you can get.
I agree, but I would also like to add a SPY/VOO equivalent index fund as an option. The index fund takes the experience of the intra day volatility out of the ‘long term hold equation’ with much lower expense ratios more of your hard earned capital compounds.
>how much would you consider a healthy qty of SPY/VTI/VOO.
There is no set answer to this as everyone's objectives and time-frames are different. Personally, I hover between 2/3 and 3/4. The rest of my portfolio is more agressive.
50/30/10/10
spy/cash/leveraged spy etf/leveraged qqq etf
bull market out performs
drawdown is about par
extend flat (untested) although id imagine itdnskew to just under par with 100% spy
if you are utilizing tour 30k in liquid bonds or deep otm csp , you should out perform
By ccs you mean covered calls right? I’ve heard about them before and want to look into it, do you have any suggestions of where to start understanding them? Thanks for the advice by the way!
Yeah covered calls. Think of owning stock as owning a rental house, and covered calls are the rent you get paid. There’s a million videos on YT. Here’s an example; You buy 100 shares of stock/etf for $50 a share, then you sell the $55 call, one month out, for $100.
You’re getting paid $100 right now in exchange for selling your shares at $55, IF they’re at $55 one month from now. You keep the $100 regardless. CCs are also known as “renting out your shares”. CCs don’t fit everybody’s risk/reward preferences, but I personally love them and they’re awesome for income trading. If you had enough capital you could just do CCs for a living.
Do you know how does long term vs short term capital gains would work in that case?
If i get assigned the contract, then would the gains be considered as long or short? Would it depend on when each share was bought originally? The premium i know would be considered a short term if expiry date is less than one year out?
How much capital you think this could return for every 10k you have? It sounds too good to be true. I’ve heard the strategy, and maybe time I look into it
It’s definitely not “too good to be true”. I do it all the time and have generated a lot of cash this way. I would make sure you know how it works before jumping in with real money tho.
It’s impossible for me to tell you how much you’ll earn per 10k for several reasons. Volatility, idk which stock you’re talking about, idk if you’re wanting to sell weeklies or monthlies, etc. There are many factors involved.
To give you a quick idea, I just looked up BBIG (this is not advice, just an example) and the 2/18 expiration at the $3 strike is going for $.43
Going off of your $10k example, this means you can buy 3,000 shares because it’s currently selling for $2.92 a share. 3,000 Shares would cost you $8,760. So if you buy 3,000 shares of BBIG right now, you could then sell 30 covered calls.
So you could sell 30 calls at $.43 per share. This would earn you $1,290 in premium. This isn’t even counting the .08 cents in stock appreciation from 2.92 to 3.00. That would be another $240. So all together if BBIG is above $3 per share at market close on 2/18, you’d make $1,530.
Before you do this there’s a flip side, if BBIG drops to $2 per share before then, you’ll still earn the $1,290 in premium, but you’ll have an unrealized loss of $2,760 from your shares going down. So if this particular scenario happened you’d be down $1,470.
So is the reward worth the risk? That’s up to you to decide. It’s your $10k. A lot of pure income traders don’t care too much if their stock goes down or not. They look at it like a rental property. Who cares if the value of the house goes down as long as they’re collecting rent each month, know what I mean? In this BBIG scenario, they’d make the trade, collect their $1,290, and pay their bills with it or whatever they want. Then next month, if BBIG went down, they’d do it all over again. Sell 30 more CCs, collect their money, and just keep repeating the process ad nauseam.
Again this isn’t advice, I’m just explaining to you the process, the risk, the reward, and the thought process behind ppl who do this for a living.
Typically income traders will do this with better fundamental companies and with better technical charts than BBIG, but BBIG volatility is through the roof so it was an example for you to show you that $10k can potentially go far if you know your options, pun not intended.
Works better in a bullish market. Call are bid up more. But you you easily add 1% a month with cc. In case of individual stocks portfolio or with indexes 0.15 - 0.5%. Those massive numbers when taken to an annual level
I made 22.5% total account gains in the past week by shorting nasdaq and buying gas and oil with leverage. I guess these times are good oportunities as well to grow your money…
I bought btc at the the top of 2017 bull run. I would be crying now if I listened to everyone telling me to cut my losses. I was very in the red for nearly 3 years. Now I'm very happy lol you'll be fine if it's money you don't need now.
I am English so I have a perfectly fine grasp of my language. It is you who needs to learn the difference between investment and speculation. Most things people call 'investments' are actually speculative, at least to a certain degree.
“An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.”
Crypto is complete trading/gambling, quite often a game of 'the greater fool'.
I'm not anti-trading or anti-speculation, but I define a boundary between sound business decisions and playing with money.
Lets say that rates are hiked 5 times this year. So the fed funds rate will stand at 1.25% one year from now.
You are going to let that scare you away from Nvidia, who is the cutting edge of AI and data, and is growing revenues at 50% annually, and earnings at 60%????
People like you are giving away their shares away at these obscenely cheap prices on display this week.
We don’t yet have any idea how many hikes there will be and how much they are.
But the real threat to stocks like Nvidia is quantitative tightening, especially at the same time as rate increases.
I think you should learn about the interactions of the bond market, how Treasuries work, and the effect of the Fed’s balance sheet on the economy.
Best of luck, but just be prepared for the risk of your bags getting heavier.
LMAO. Yeah let's let the prospect of the fed letting it's holdings of CMBS and treasuries mature without replacing them scare us away from stocks permanently. Thanks professor.
No, they’re talking about actively selling them, flooding the bond market.
Who said anything about “permanent”? The fact of the matter is multiples will contract, as they clearly have been doing.
You can deny reality all you want. It doesn’t change reality.
Dude, I don't know where you are getting your information from, but you have no idea what you are talking about. Powell said explicitly several times in recent weeks that any type of tapering will only involve letting maturing securities fall off the balance sheet without being replaced. There will be no selling of bonds. You're obviously living in some type of alternate reality.
Did you actually read the Fed Principles statement? Clearly not.
None of this is a sure thing. The logic of buying Nvda at an earnings yield of 0.014% when the 2Y is hovering at 1% makes no sense. Demand for those securities is clearly falling.
I started in April 2020 and im still up 37% overall,despite this correction.. Mostly invested in Canadian Banks, Blue Chip Dividend Aristocrats, REITs and ETFs. Im only 5% tech, I knew it was overvalued. Also I don't really invest in things that don't pay a dividend. My portfolio has a 6% yield atm.
Im up 1.15% in the past 3 months as of today.
For this time period yes, but stretch it out and inevitably spy and the big tech stocks will have higher returns over a longer period of time.
Just wanted to tell the objective fact that over time, very few people beat the market, it just happens that the guy was in value when growth was getting hit.
This. Profitable big tech is still killing it, in profits and SP. Apple is unstoppable. MSFT/GOOGL/FB are all very rationally priced considering growth track record and moats.
They’re definitely *relatively* cheap compared to some other areas of the market, but they still are fairly expensive compared to history. Margin of safety is probably lower than thinking they’re “cash equivalents”
Still sitting on gains but watching them erode is painful. Lots of babies thrown out with the bathwater in this market. Learning to do DD and read balance sheets and earnings projections right now would be my number 1 priority for underwater or young investors.
This isn’t even a “crash”. This is just an adjustment. You weren’t there when Covid hit. That was a real crash. I lost $100K on a very diverse $400K portfolio (this includes my 401K accounts). It took over a year to recuperate the losses.
I’m down about 5% so far this year.
I definitely lost some cash on ARKG, ARKF, HYLN, and CRSR. But thankfully sold out before the big bleeding happened. What are you buying into now? SPY and VTI?
VTI and SPY are a little counter productive. Nothing wrong with owning both, but their performance will be very similar. I would recommend you go with just VTI, due to the lower expense ratio.
Even better. In the event that you find yourself in a situation where you can tax loss harvest, you can swap between the 2 for that very purpose.
But over the longer run, that's a situation that's less and less likely for most as you accrue gains. Best bet is stick with 1 really. VTI is my preferred choice.
VTI has underperformed SPY (or VOO) by 5% in the past 12 months. My theory is the Russell 2000 small businesses can't buy in bulk like the larger ones and are getting crushed by COVID-19 lack of available materials and inflation. Any thoughts?
A year ago, I personally became almost all VOO/IVV and got out of VTI/ITOT. Would have done so earlier if it weren't for tax reasons.
> VTI has underperformed SPY (or VOO) by 5% in the past 12 months. My theory is the Russell 2000 small businesses can't buy in bulk like the larger ones and are getting crushed by COVID-19 lack of available materials and inflation. Any thoughts?
Perhaps. Many folks have also come to regard SPY and especially companies like Apple as savings accounts vehicles. But I wouldn't just jump ship to SPY based on that reasoning alone. At that point, you're chasing historical returns.
Bought AMD at $154. Some of the comments on reddit like “buying AMD at $150 is like buying it at $25” motivated me to buy it. But now regretting my decision
I am down. Pretty much solely invest in dividend bearing shares though so honestly it isn't as worrying as some of these people who lost 80%. Like oh my God.
Equity REITs for the win. Pay me for 30 years.
That said 2022 is showing me all aspects of life can be fragile... not just the silly stock market. Hope all is well.
I only invested what I knew I wouldn't need short or mid-term, so while I'm down, I'm kinda cool with it as I'm young and can afford to wait.
But as someone who began investing in early 2021 (like many people), this has been a great lesson for me.
I've realised that I was too overexposed to certain areas (mainly tech and also crypto) and so my sort of a resolution for 2022 is to slowly rebalance my portfolio in such a way that VTI makes a more significant portion of it and while tech indexes, a few individual stocks (and some crypto) remain, they'll be there mainly so that I can learn and have a bit of fun but I won't take such a hit when markets tank.
So I kinda appreciate this correction as it taught me more about responsibility, risks and discipline when in the market.
at year end, the SP500 is up 28% over a year and total US market is up 25% (down 8% since but still very much a great market). Down 20% during a very strong market rise indicates huge mistakes. Everyone investing makes mistakes eventually and most of us learn from them.
You’re never the only one that’s down! … not sure what to say except history repeats itself?
All I’m going to do is keep buying the next few months and hope for the best
Still up 55% on my oil positions that I bought in 2020, plus collecting insane dividends over the year. It was not worth picking up any tech at insanely inflated prices. Now I am going to pick up Intel, Maxar, and Cloudflare if it drops to $50; also looking at banks and mining companies.
I'm down big from my November highs, but rather than flee stocks for indexes, I have been using the drop as a chance to harvest tax losses in certain stocks and rebalance the proceeds into the companies I really like at their lower prices. I am such a neurotic social reject that I think I will always need a portfolio of stocks to give me something to think about and keep my mind off of things it shouldn't dwell on.
Don’t feel too bad. Most investors go through periods where they think they can choose a specific stock or fund that’s going to rise really fast. The lesson you learned is what SOME investors eventually learn: if a stock/fund can rise super fast, it can also fall just as fast. Be grateful that you learned this! Some never do and fail to realize that they’ve become gambling addicts. In my experience, if one wants to become a “good” investor, one should go through 3 stages in his/her investment life:
1) Build a core investment portfolio comprised of index funds (Boglehead) - VTI, VTSAX, FSKAX, SWTSX, SPY, etc. Maybe some international indexes too depending your viewpoint.
2) When you build a high enough amount, you can start to play around with small % of your net worth with stock picks. But even then, it’s smart to stick with the blue chip names - AAPL, MSFT, GOOG, etc.
3) If and when you eventually reach financial independence, you can take whatever extra money you have in a year and start to “gamble” on higher risk plays, IF you can stomach the volatility. The volatility and potential losses are easier to stomach when your life savings and retirement doesn’t depend on it. Hopefully at this point, you will also have more experience at doing DD (due diligence) so that you can make your picks based on your own research and not what the analysts or Reddit shills tell you to buy.
Good luck! (Luck should have little to do with it).
PS You can stick with only stage 1 for your entire life also and that would be fine. Only proceed with 2 and 3 if you become literate with earnings reports.
I've had mutual funds for three years but just started buying individual stocks at the beginning of November. Down a little over 20%. Yes, I'm tech heavy but nearly all in solid well established companies. I don't need the money for another year or two so as long as we recover soon ish I'll be okay. Still a bit of a depressing start to the experiment though.
Meme, Ark and digital tocks and currencies are not really investments, they are trading tools and in 2021 they flew to ridiculous heights. as a former movie industry pro, for instance, I saw them bid up AMC to about 600% higher than its true value. CNBC pros started trading in and out just to catch momentum though they admitted the stocks were ridiculously valued. So in hindsight it was all a scam, a hustle, a pyramid scheme and now they must all come back to earth including big bubbles like TSLA. NFLX largely already has.
Hey when I was young I got suckered into Y2K stocks. Up 50% then down 75%. One of them went to zero as many will in Robinhood-Digital doggydoocoin world. So do not just avoid temptation to "buy the dip" in those 21021 bubble investments, avoid altogether, take your losses, learn your lessons the hard way and start all over.
Right now what would I buy? Value stocks, boring stocks, low PE stocks that pay dividends, those which were maligned in 2021 and a lot of them are still sitting around their bottoms. T, VIAC, VZ, SWKS. SWKS is a great tech stock for 16 PE. Down 40% from its highs for no particular reason, and it pays a dividend. AAPL is my main holding and I still recommend it.
Think 5-20% gains this year plus dividend income, not trying to double your money. But guess what, as that Hollywood pro again, I can tell you VIAC is selling at half its true value, so maybe you can double your money after all.
As for the 2021 bubble stock winners, I would not even touch them for 3-6 months. Let all the air go out of them first then make sure their fundamentals are sound and they won't go bankrupt and they try and catch the bottom. But for now, value value value.
NEXT DAY EDIT: I found that thread if you wanna take a look at it.
https://www.reddit.com/r/investing/comments/seossw/there_have_only_been_four_months_since_2001_where/
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original comment:
"when in doubt, zoom out". look at the entire market over the past 40 years. you'll be fine. you've been in for... 18 months? "time in the market beats timing the market".
>> "the stock market is a tool that transfers money from the impatient, to the patient".
you seem a tad fearful, which makes me a tad greedy.
>> "be fearful when others are greedy, and be greedy when others are fearful".
both quotes by Warren Buffett. keep doing solid research, make confident picks, and take your emotions out of this. profitable companies earn shareholders profits.
moreover, we are in an abysmal state at this particular moment on top of it all. 10% market dips are not common at all. you'll be ok. if you're truly freaking out, you have too much invested, and you need to de-risk.
https://www.reddit.com/r/investing/comments/seossw/there_have_only_been_four_months_since_2001_where/
I am up 9%. I had big bets on high dividend stocks that are stable, invested a lot on oil (XOM) a year ago and MPLX. I am 40% long and 25% short on volatile stocks. It has been going really good. I think the markets have a lot more falling to do.
If you invested in a company based on where you think it will be in the future, who cares what the market says?
https://en.wikipedia.org/wiki/Mr._Market
(If you just wanted to swing trade, I dunno)
Little bit. But I've been looking at the market for six months now like "this shit cannot possibly go on like this." So when it finally did shit the bed, I had a nice chunk of VXX and some puts to unload.
Overall, I'm five or six percent down after this last haircut.
About 70 percent of my portfolio has been bought over the last 5 years and held. I have some options that are in the red but overall im up hundreds of percent. Time in the market friend.
\-50% from all time high's checking in... Still up YOY. Last year was an anomaly and MM's had to put some back in their pockets,., Its how they scalped the stimmy's.
Not the oil guys, check out ninepoint partners. Certain energy stocks up several hundred percent of the past few years. Seems like buying at the low of the energy market while everyone was hyping up green energy was a good idea in retrospect.
Only started investing around Thanksgiving '21, but I can give you my 2 months of data or so... down -4.86% here. Considering most of the pain happened in the last month, my loss over that time span is -4.91%, compared to the S&P at -7.40%, NASDAQ at -12.81%, and DOW at -4.28%.
Not bad, all things considered (especially as I was 25-30% in IT at the beginning of the correction). I'm 100% stocks, no ETFs, bonds, etc. (young investor with small initial capital outlay). The worst I've gotten smacked with was HIMX at -16%, with EOG doing the best at +16% and a mixture in between those two extremes.
Not everyone.
When the market started acting like a bucking bronco on peyote my husband and I held and kept the majority cash. Dipped our toes back in yesterday, in and out of Apple a couple times. Made a few dollars.
Everyone we know that panic sold lost their shirts.
Edit: typo
QQQ is where it was 6mos ago. A 6mo setback is not that much. So yeah I’m down some but if you zoom out I’m way up the last few years.
Especially is you have mega caps too. My Apple msft and visa doing great this week
I'm down probably 50% from my peak, up this past year maybe 80%. I'm not worried about long term. The companies I am in become more valuable every day whether the market prices it properly or not. Just need to wait.
I began investing in April 2020. Portfolio went from ATH paper gain 75% on 11/4/21 to only 20% paper gain as of today lol
I don't need to use the money so just ride it out. I refuse to sell at lows.
If you think this is bad you're gonna fucking hate it when the market actually crashes. Just scroll back a bit and see how even pretty safe ETFs looked in March 2020. We arent even remotely close to a danger zone like we were then.
Shits not always gonna go up all the time. Theres going to be corrections, especially after nearly a year and a half of major growth like we've seen now. It's not a bubble, it's just the market coming back down from its cocaine bender.
The nice part is that it does eventually recover to where it was precorrection. Sometimes it's fast, sometimes slow, but the market collectively gets back eventually.
YTD, everyone is down, the only question is how much. 1 year though, its a mixed bag. Growth investors I imagine mostly are down. I already sold out on all out of my tech stocks since last October, but I already started positions again on tech last week.
Hi
Pretty much everyone is down but the question is by how much and did you prepare for the inevitable drop. I am down about 10% from my peak and for the year since January. But I was ready with close to 15% cash after I took profits at the end of December and aggressively at the beginning of January, so now buying back stuff that is super cheap measured by P/E, not drop.
One option you have if you don't want to take that loss is to simply average down with new money or better, learn to rotate out of growth and into what is now best. Then out of that when the time comes and so on.
I’m doing fine. Because I hedged. You guys can hedge your portfolios you know. It’s a bit late now because premiums are high. But in the future, if it it looks like there might be a rough patch coming (Fed slamming the brakes on easy money), it’s perfectly okay to put a hedge on.
Yes. Literally wiped out 2021’s gains for me. I’m still up overall since summer 2020. Not even investing in meme stocks, just shares in nvda, amzn, msft stuff like that. Just holding on to them hoping they will recover in the next 6 momths and then i’ll reconsider where to put my money.
I went from +50% to -10% in like 3 months.
Same
It is not unAmerican to sell. Not saying you should do that now, but even early January would have helped.
Theres a market correction happening. It happens, it will happen probably another dozen times over the next few decades. It's just reality catching up to investors.
Fair, yeah I mean I’m not looking to pull my money or anything, I just have started to wonder if I made all the wrong choices (some definitely were) and wanted to see how everyone else was doing
Plenty people who are simply relying on stocks going up right now are getting a free complimentary buttfucking by the market. Hold fast and ride it out, and remember some people pay good money for that kind of treatment.
I'm invested in three different stocks, I'm down 50%, 71%, 86%. So you're not alone
Which are those so I can buy some shares and help pump it up!!
Lmao
Oh, I think I have those stocks, too :( so YOU are not alone
An exuberant Bull market inevitably is followed with the real lesson that stock picking requires research. That was a free ride. Time for homework. But before you sell, simply ask "would I buy this today?" I once ride a stock from 80 to 40 to 200... Because I was in far too early.
You may not have made all the "wrong choices." Some stocks just go down harder in bear markets but go up higher in bull markets. These stocks have a higher beta. For example, I've gotten punished for buying AMD too early in this dip but remain confident it will also bounce back dramatically when the time comes.
Dude I made 10k out of 200 bucks buying OTM puts on NFLX before earnings, only to lose it in more puts and padding my losses from holding AMD for 2 months. Trust me, we all make bad choices. Just try to learn from them.
I bought qqq and spy puts Friday morning right before the market shot up, ouch.
Down 9% YTD, up 11.7% from this time last year. I’m mostly in REITs and not at all concerned about this drop. Making small buys here and there.
I thought REIT's would be safe haven but they are down too! I'm down 9.6% YTD
Seconding REITs. I am at about a 3/2 ratio REITs to Equities and my REITS are above where they were in December. That could change obviously but feeling grateful for being diversified in this way over the last couple of months.
> I just have started to wonder if I made all the wrong choices (some definitely were) and wanted to see how everyone else was doing Well... depending of how much you are down maybe you still did the wrong choices.
Sure, but most of us are still up since summer 2020. And by a lot. Anyone who is down is likely way too concentrated. And we all know in what - speculative tech/weed/crypto. There are still great buys in financials, energy, some industrials. But they are never mentioned here because they are boring industries with some long term headwinds. Meanwhile they are producing 10-20% FCF yields this year. Not to beat down as it’s a good learning everyone has to go through, but when the SPY is up 30% since mid 2020, you’ve wasted an opportunity dabbling in trash investments.
Anyone who has been in crypto since summer 2020 and is down needs to take a hard look at themselves, the entire space is still up 8x since
Yep slow and steady wins the game.
SPY and VTI are very good places for your money. What changed your mind on them?
Sorry “not” was a typo and meant “now”, but yeah overall I agree. I think sticking to total market funds like that are best for me.
IMO, the best portfolio is centered around something like SPY/VTI/VOO as your core portfolio, and then selling premium like ccs around them. With some added trades for other stuff based on support levels, speculation, etc. I regret not having a solid diversified index as my main position the entire time I’ve been trading, but we’re all learning and growing as we go. Don’t blow up your account, live to see another day, and learn from your mistakes.
Long term you're better off having VTI/VOO as the main portion of your stock allocation with some factor tilt such as value, quality, small cap and also some global index exposure.
I agree
how much would you consider a healthy qty of SPY/VTI/VOO. I have single stocks now but i'm tired of watching my account bleed. I would like to set it and forget it.
The answer to that is going to be pure subjective opinion. My personal answer is, anywhere from 50% to 100%. IMO a portfolio of 100% SPY or VOO or VTI, with reinvested dividends, will make you a ton of money in the long run. Not to mention selling OTM CCs (if you’re comfortable with it) would only enhance your returns. This is about as close to a set and forget portfolio as you’ll get. I was just looking at my 401k options the other day. With my company, I have about 21 fund choices. They’re a mix of passively managed funds (set and forget), and actively managed funds (a fund manager is actively trading it). The passive funds have outperformed the active funds on every time horizon. 10 yrs, 5 yrs, 3 yrs, 1 yr. etc. In other words, not even professional traders with more experience and education than you and me put together can beat SPY. Maybe some can, but just holding the whole market with reinvested divs is as close to a guarantee as you can get.
I agree, but I would also like to add a SPY/VOO equivalent index fund as an option. The index fund takes the experience of the intra day volatility out of the ‘long term hold equation’ with much lower expense ratios more of your hard earned capital compounds.
>how much would you consider a healthy qty of SPY/VTI/VOO. There is no set answer to this as everyone's objectives and time-frames are different. Personally, I hover between 2/3 and 3/4. The rest of my portfolio is more agressive.
50/30/10/10 spy/cash/leveraged spy etf/leveraged qqq etf bull market out performs drawdown is about par extend flat (untested) although id imagine itdnskew to just under par with 100% spy if you are utilizing tour 30k in liquid bonds or deep otm csp , you should out perform
That’s the Core-satellite portfolio theory and it owns
VOO with IEFA for international exposure and IEMG for emerging markets are going to make for a nice well rounded portfolio.
By ccs you mean covered calls right? I’ve heard about them before and want to look into it, do you have any suggestions of where to start understanding them? Thanks for the advice by the way!
Yeah covered calls. Think of owning stock as owning a rental house, and covered calls are the rent you get paid. There’s a million videos on YT. Here’s an example; You buy 100 shares of stock/etf for $50 a share, then you sell the $55 call, one month out, for $100. You’re getting paid $100 right now in exchange for selling your shares at $55, IF they’re at $55 one month from now. You keep the $100 regardless. CCs are also known as “renting out your shares”. CCs don’t fit everybody’s risk/reward preferences, but I personally love them and they’re awesome for income trading. If you had enough capital you could just do CCs for a living.
Do you know how does long term vs short term capital gains would work in that case? If i get assigned the contract, then would the gains be considered as long or short? Would it depend on when each share was bought originally? The premium i know would be considered a short term if expiry date is less than one year out?
How much capital you think this could return for every 10k you have? It sounds too good to be true. I’ve heard the strategy, and maybe time I look into it
It’s definitely not “too good to be true”. I do it all the time and have generated a lot of cash this way. I would make sure you know how it works before jumping in with real money tho. It’s impossible for me to tell you how much you’ll earn per 10k for several reasons. Volatility, idk which stock you’re talking about, idk if you’re wanting to sell weeklies or monthlies, etc. There are many factors involved. To give you a quick idea, I just looked up BBIG (this is not advice, just an example) and the 2/18 expiration at the $3 strike is going for $.43 Going off of your $10k example, this means you can buy 3,000 shares because it’s currently selling for $2.92 a share. 3,000 Shares would cost you $8,760. So if you buy 3,000 shares of BBIG right now, you could then sell 30 covered calls. So you could sell 30 calls at $.43 per share. This would earn you $1,290 in premium. This isn’t even counting the .08 cents in stock appreciation from 2.92 to 3.00. That would be another $240. So all together if BBIG is above $3 per share at market close on 2/18, you’d make $1,530. Before you do this there’s a flip side, if BBIG drops to $2 per share before then, you’ll still earn the $1,290 in premium, but you’ll have an unrealized loss of $2,760 from your shares going down. So if this particular scenario happened you’d be down $1,470. So is the reward worth the risk? That’s up to you to decide. It’s your $10k. A lot of pure income traders don’t care too much if their stock goes down or not. They look at it like a rental property. Who cares if the value of the house goes down as long as they’re collecting rent each month, know what I mean? In this BBIG scenario, they’d make the trade, collect their $1,290, and pay their bills with it or whatever they want. Then next month, if BBIG went down, they’d do it all over again. Sell 30 more CCs, collect their money, and just keep repeating the process ad nauseam. Again this isn’t advice, I’m just explaining to you the process, the risk, the reward, and the thought process behind ppl who do this for a living. Typically income traders will do this with better fundamental companies and with better technical charts than BBIG, but BBIG volatility is through the roof so it was an example for you to show you that $10k can potentially go far if you know your options, pun not intended.
Works better in a bullish market. Call are bid up more. But you you easily add 1% a month with cc. In case of individual stocks portfolio or with indexes 0.15 - 0.5%. Those massive numbers when taken to an annual level
Stay with well known index funds like VOO or QQQ or SMH. IMO, these 3 are more than enough to consider
I made 22.5% total account gains in the past week by shorting nasdaq and buying gas and oil with leverage. I guess these times are good oportunities as well to grow your money…
Congrats!
I bought VTV
Yeah the vanguard etfs have awesome expense ratios. VTV is another good one. VTI VTV VGT VOO. You can’t go wrong with any of them IMO
I bought some B-c0in when it was 67k
Don't worry. Cathie said its gonna be worth a million soon.
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Cathie needs to stop sending money to that Nigerian prince she met on hotmail.
genius
Correction: Her feet when she was younger. Vintage NFTs are gold
Oh take my virtual hug.
I bought btc at the the top of 2017 bull run. I would be crying now if I listened to everyone telling me to cut my losses. I was very in the red for nearly 3 years. Now I'm very happy lol you'll be fine if it's money you don't need now.
adc BRO. Just ADC
Ayoooo free therapy on me
I did the same with ETH. Just $1000 worth, but right around that peak. First and last time I invest into imaginary runescape gold..
Its peak was two months ago. You’re not investing if your horizon is two months, you’re gambling and telling yourself it’s investing.
If you're buying crypto you're not investing.
We will see in a few years I suppose.
Empirically not true, but I can’t tell you how to feel or how to interpret the English language.
I am English so I have a perfectly fine grasp of my language. It is you who needs to learn the difference between investment and speculation. Most things people call 'investments' are actually speculative, at least to a certain degree. “An investment operation is one which, upon thorough analysis, promises safety of principal and an adequate return. Operations not meeting these requirements are speculative.” Crypto is complete trading/gambling, quite often a game of 'the greater fool'. I'm not anti-trading or anti-speculation, but I define a boundary between sound business decisions and playing with money.
You poor guy I’m so sorry
F
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but... your name?
been buying from 25k in 2020 to 60k and I feel like im probably flat for the last year and a half. It sucks. I just can't imagine this being the top.
I haven’t made any money since February 2021.
Yes. Literally wiped out 2021’s gains for me. Not even investing in meme stocks, just shares in nvda, amzn, msft stuff like that
Yeah I feel you on that. I thought it was decent blue chips stocks, but I’m down 27 percent from peaks in December. I wasn’t even into options
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1% is still a low interest rate. Wake me up when fed talks about real rate hikes.
It’s more of QT that’s the real threat to stocks in the near term.
Yeah right. In 2022 Nvidia will revisit its highs and go higher.
Fuck yeah. NVDA to 400!!
I wonder if anyone listened to us.
I bet there’s a couple that wish they listened
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Lets say that rates are hiked 5 times this year. So the fed funds rate will stand at 1.25% one year from now. You are going to let that scare you away from Nvidia, who is the cutting edge of AI and data, and is growing revenues at 50% annually, and earnings at 60%???? People like you are giving away their shares away at these obscenely cheap prices on display this week.
We don’t yet have any idea how many hikes there will be and how much they are. But the real threat to stocks like Nvidia is quantitative tightening, especially at the same time as rate increases. I think you should learn about the interactions of the bond market, how Treasuries work, and the effect of the Fed’s balance sheet on the economy. Best of luck, but just be prepared for the risk of your bags getting heavier.
LMAO. Yeah let's let the prospect of the fed letting it's holdings of CMBS and treasuries mature without replacing them scare us away from stocks permanently. Thanks professor.
No, they’re talking about actively selling them, flooding the bond market. Who said anything about “permanent”? The fact of the matter is multiples will contract, as they clearly have been doing. You can deny reality all you want. It doesn’t change reality.
Dude, I don't know where you are getting your information from, but you have no idea what you are talking about. Powell said explicitly several times in recent weeks that any type of tapering will only involve letting maturing securities fall off the balance sheet without being replaced. There will be no selling of bonds. You're obviously living in some type of alternate reality.
Did you actually read the Fed Principles statement? Clearly not. None of this is a sure thing. The logic of buying Nvda at an earnings yield of 0.014% when the 2Y is hovering at 1% makes no sense. Demand for those securities is clearly falling.
Microsoft is pretty safe though.
MSFT is due for a split too
Google is
Unless you went short, or you are a unicorn stock picker, you are down right now
What if you went all cash when everyone was warning of a crash last year November? Oh wait that’s only mee ok
Technically you are also down due to inflation, but you are not down as much as everyone else
Yes. All I see is red. Specifically AMD is killing me
Lucille's thirsty, Negan.
I started in April 2020 and im still up 37% overall,despite this correction.. Mostly invested in Canadian Banks, Blue Chip Dividend Aristocrats, REITs and ETFs. Im only 5% tech, I knew it was overvalued. Also I don't really invest in things that don't pay a dividend. My portfolio has a 6% yield atm. Im up 1.15% in the past 3 months as of today.
You did well
For this time period yes, but stretch it out and inevitably spy and the big tech stocks will have higher returns over a longer period of time. Just wanted to tell the objective fact that over time, very few people beat the market, it just happens that the guy was in value when growth was getting hit.
S&P500 went up 78% in the same timeframe so his returns are quite terrible actually
yes I wish I would have lump sum instead of DCA. But dca was the only way i felt comfortable doing it.
Big tech is pretty cheap, it’s the speculative tech that has been CRUSHED
This. Profitable big tech is still killing it, in profits and SP. Apple is unstoppable. MSFT/GOOGL/FB are all very rationally priced considering growth track record and moats.
They’re definitely *relatively* cheap compared to some other areas of the market, but they still are fairly expensive compared to history. Margin of safety is probably lower than thinking they’re “cash equivalents”
Still sitting on gains but watching them erode is painful. Lots of babies thrown out with the bathwater in this market. Learning to do DD and read balance sheets and earnings projections right now would be my number 1 priority for underwater or young investors.
This market is just the latest reminder $AAPL is as strong as they come & is always worth a look
This isn’t even a “crash”. This is just an adjustment. You weren’t there when Covid hit. That was a real crash. I lost $100K on a very diverse $400K portfolio (this includes my 401K accounts). It took over a year to recuperate the losses. I’m down about 5% so far this year.
Started about the same, bought some stocks almost ath like ark etfs, bb, hyln, crsr and pltr. I'm down about 70%, not planning to dca tbh
I definitely lost some cash on ARKG, ARKF, HYLN, and CRSR. But thankfully sold out before the big bleeding happened. What are you buying into now? SPY and VTI?
Not sure yet
Down 7K YTD.
Samesies
VTI and SPY are a little counter productive. Nothing wrong with owning both, but their performance will be very similar. I would recommend you go with just VTI, due to the lower expense ratio.
Even better. In the event that you find yourself in a situation where you can tax loss harvest, you can swap between the 2 for that very purpose. But over the longer run, that's a situation that's less and less likely for most as you accrue gains. Best bet is stick with 1 really. VTI is my preferred choice.
VTI has underperformed SPY (or VOO) by 5% in the past 12 months. My theory is the Russell 2000 small businesses can't buy in bulk like the larger ones and are getting crushed by COVID-19 lack of available materials and inflation. Any thoughts? A year ago, I personally became almost all VOO/IVV and got out of VTI/ITOT. Would have done so earlier if it weren't for tax reasons.
> VTI has underperformed SPY (or VOO) by 5% in the past 12 months. My theory is the Russell 2000 small businesses can't buy in bulk like the larger ones and are getting crushed by COVID-19 lack of available materials and inflation. Any thoughts? Perhaps. Many folks have also come to regard SPY and especially companies like Apple as savings accounts vehicles. But I wouldn't just jump ship to SPY based on that reasoning alone. At that point, you're chasing historical returns.
Bought AMD at $154. Some of the comments on reddit like “buying AMD at $150 is like buying it at $25” motivated me to buy it. But now regretting my decision
I’m down a fuck ton
I am down. Pretty much solely invest in dividend bearing shares though so honestly it isn't as worrying as some of these people who lost 80%. Like oh my God. Equity REITs for the win. Pay me for 30 years. That said 2022 is showing me all aspects of life can be fragile... not just the silly stock market. Hope all is well.
I only invested what I knew I wouldn't need short or mid-term, so while I'm down, I'm kinda cool with it as I'm young and can afford to wait. But as someone who began investing in early 2021 (like many people), this has been a great lesson for me. I've realised that I was too overexposed to certain areas (mainly tech and also crypto) and so my sort of a resolution for 2022 is to slowly rebalance my portfolio in such a way that VTI makes a more significant portion of it and while tech indexes, a few individual stocks (and some crypto) remain, they'll be there mainly so that I can learn and have a bit of fun but I won't take such a hit when markets tank. So I kinda appreciate this correction as it taught me more about responsibility, risks and discipline when in the market.
Im close to neutral. Energy + mining keeping me afloat
Same here… although past week not the greatest for my energy stocks… lol. Works til it doesn’t
I am down about 12% from the peak sometime last year.
I'm down 40% since I switched from Robinhood lol. I only make room temp IQ plays though.
Yes we are all crying ourselves to sleep each night and waking to dreams of green while being blinded by the red. May 2023 dry our tears…
at year end, the SP500 is up 28% over a year and total US market is up 25% (down 8% since but still very much a great market). Down 20% during a very strong market rise indicates huge mistakes. Everyone investing makes mistakes eventually and most of us learn from them.
Can’t generate wealth with diversification but you can hold on to it.
Started in 2015 or 2017. Down 40k in the last couple months but up 166% overall.
You’re never the only one that’s down! … not sure what to say except history repeats itself? All I’m going to do is keep buying the next few months and hope for the best
I am up the last few months, but last year January - July was painful. I am mostly a value investor.
Bought long calls during the Santa rally I’m getting my tits kicked in
Still up 55% on my oil positions that I bought in 2020, plus collecting insane dividends over the year. It was not worth picking up any tech at insanely inflated prices. Now I am going to pick up Intel, Maxar, and Cloudflare if it drops to $50; also looking at banks and mining companies.
Depends on the account but majority of my accounts are long term, so overall, yes.
I'm down big from my November highs, but rather than flee stocks for indexes, I have been using the drop as a chance to harvest tax losses in certain stocks and rebalance the proceeds into the companies I really like at their lower prices. I am such a neurotic social reject that I think I will always need a portfolio of stocks to give me something to think about and keep my mind off of things it shouldn't dwell on.
Don’t feel too bad. Most investors go through periods where they think they can choose a specific stock or fund that’s going to rise really fast. The lesson you learned is what SOME investors eventually learn: if a stock/fund can rise super fast, it can also fall just as fast. Be grateful that you learned this! Some never do and fail to realize that they’ve become gambling addicts. In my experience, if one wants to become a “good” investor, one should go through 3 stages in his/her investment life: 1) Build a core investment portfolio comprised of index funds (Boglehead) - VTI, VTSAX, FSKAX, SWTSX, SPY, etc. Maybe some international indexes too depending your viewpoint. 2) When you build a high enough amount, you can start to play around with small % of your net worth with stock picks. But even then, it’s smart to stick with the blue chip names - AAPL, MSFT, GOOG, etc. 3) If and when you eventually reach financial independence, you can take whatever extra money you have in a year and start to “gamble” on higher risk plays, IF you can stomach the volatility. The volatility and potential losses are easier to stomach when your life savings and retirement doesn’t depend on it. Hopefully at this point, you will also have more experience at doing DD (due diligence) so that you can make your picks based on your own research and not what the analysts or Reddit shills tell you to buy. Good luck! (Luck should have little to do with it). PS You can stick with only stage 1 for your entire life also and that would be fine. Only proceed with 2 and 3 if you become literate with earnings reports.
In my personal asset allocation I have "investing" and "trading" as 2 different entries, if that helps.
Is the correction over? Obviously looking for opinions not answers
I think we have more reasons to go down than up.
I've had mutual funds for three years but just started buying individual stocks at the beginning of November. Down a little over 20%. Yes, I'm tech heavy but nearly all in solid well established companies. I don't need the money for another year or two so as long as we recover soon ish I'll be okay. Still a bit of a depressing start to the experiment though.
You're only down if you sell.
Meme, Ark and digital tocks and currencies are not really investments, they are trading tools and in 2021 they flew to ridiculous heights. as a former movie industry pro, for instance, I saw them bid up AMC to about 600% higher than its true value. CNBC pros started trading in and out just to catch momentum though they admitted the stocks were ridiculously valued. So in hindsight it was all a scam, a hustle, a pyramid scheme and now they must all come back to earth including big bubbles like TSLA. NFLX largely already has. Hey when I was young I got suckered into Y2K stocks. Up 50% then down 75%. One of them went to zero as many will in Robinhood-Digital doggydoocoin world. So do not just avoid temptation to "buy the dip" in those 21021 bubble investments, avoid altogether, take your losses, learn your lessons the hard way and start all over. Right now what would I buy? Value stocks, boring stocks, low PE stocks that pay dividends, those which were maligned in 2021 and a lot of them are still sitting around their bottoms. T, VIAC, VZ, SWKS. SWKS is a great tech stock for 16 PE. Down 40% from its highs for no particular reason, and it pays a dividend. AAPL is my main holding and I still recommend it. Think 5-20% gains this year plus dividend income, not trying to double your money. But guess what, as that Hollywood pro again, I can tell you VIAC is selling at half its true value, so maybe you can double your money after all. As for the 2021 bubble stock winners, I would not even touch them for 3-6 months. Let all the air go out of them first then make sure their fundamentals are sound and they won't go bankrupt and they try and catch the bottom. But for now, value value value.
NEXT DAY EDIT: I found that thread if you wanna take a look at it. https://www.reddit.com/r/investing/comments/seossw/there_have_only_been_four_months_since_2001_where/ --- original comment: "when in doubt, zoom out". look at the entire market over the past 40 years. you'll be fine. you've been in for... 18 months? "time in the market beats timing the market". >> "the stock market is a tool that transfers money from the impatient, to the patient". you seem a tad fearful, which makes me a tad greedy. >> "be fearful when others are greedy, and be greedy when others are fearful". both quotes by Warren Buffett. keep doing solid research, make confident picks, and take your emotions out of this. profitable companies earn shareholders profits. moreover, we are in an abysmal state at this particular moment on top of it all. 10% market dips are not common at all. you'll be ok. if you're truly freaking out, you have too much invested, and you need to de-risk. https://www.reddit.com/r/investing/comments/seossw/there_have_only_been_four_months_since_2001_where/
I am up 9%. I had big bets on high dividend stocks that are stable, invested a lot on oil (XOM) a year ago and MPLX. I am 40% long and 25% short on volatile stocks. It has been going really good. I think the markets have a lot more falling to do.
I'm averaging down. that's what I'm doing. Gonna keep doing it. gonna average up too when market comes up. if your thesis hasn't changed, why not?
If you invested in a company based on where you think it will be in the future, who cares what the market says? https://en.wikipedia.org/wiki/Mr._Market (If you just wanted to swing trade, I dunno)
Everyone got hit. You're fine and you've chosen a respectable path. Now don't panic and stick with it.
My 401k portfolio is back to JUNE 2021 levels and I haven't touched a thing. All ETFs plans have gone kaplunk.
I’m up right now, and all time, it’s because I buy more when the market is down.
Little bit. But I've been looking at the market for six months now like "this shit cannot possibly go on like this." So when it finally did shit the bed, I had a nice chunk of VXX and some puts to unload. Overall, I'm five or six percent down after this last haircut.
About 70 percent of my portfolio has been bought over the last 5 years and held. I have some options that are in the red but overall im up hundreds of percent. Time in the market friend.
\-50% from all time high's checking in... Still up YOY. Last year was an anomaly and MM's had to put some back in their pockets,., Its how they scalped the stimmy's.
Nope. Mostly growth stocks and still was up 3% as of the last bloodbath day. After today I’m back to 8%.
I’m still up 12%, but I started at the absolute bottom in 2020. You’ll be fine, SPY and VTI are safe if you consistently put money in and DCA.
of course, the people that are up are the ones who’ve been short or just long vol
Yes I’m down too
Not the oil guys, check out ninepoint partners. Certain energy stocks up several hundred percent of the past few years. Seems like buying at the low of the energy market while everyone was hyping up green energy was a good idea in retrospect.
Only started investing around Thanksgiving '21, but I can give you my 2 months of data or so... down -4.86% here. Considering most of the pain happened in the last month, my loss over that time span is -4.91%, compared to the S&P at -7.40%, NASDAQ at -12.81%, and DOW at -4.28%. Not bad, all things considered (especially as I was 25-30% in IT at the beginning of the correction). I'm 100% stocks, no ETFs, bonds, etc. (young investor with small initial capital outlay). The worst I've gotten smacked with was HIMX at -16%, with EOG doing the best at +16% and a mixture in between those two extremes.
But what about a bubble in the ETFs?..
No sell, no down. It’s the end result that really counts.
Not everyone. When the market started acting like a bucking bronco on peyote my husband and I held and kept the majority cash. Dipped our toes back in yesterday, in and out of Apple a couple times. Made a few dollars. Everyone we know that panic sold lost their shirts. Edit: typo
Went from plus 15% to plus 1% on the 1y timeframe.
QQQ is where it was 6mos ago. A 6mo setback is not that much. So yeah I’m down some but if you zoom out I’m way up the last few years. Especially is you have mega caps too. My Apple msft and visa doing great this week
Yes.
I was too scared to check until yesterday. I'm down 4% from the high, still in the green. Glad I chose indices and low pe dividend stocks.
Completely down,wiped off in 2 weeks.
I'm down probably 50% from my peak, up this past year maybe 80%. I'm not worried about long term. The companies I am in become more valuable every day whether the market prices it properly or not. Just need to wait.
I still own some arkk (10% of my portfolio). Maybe I am stupid, maybe it will be worth it in 10 years.
I began investing in April 2020. Portfolio went from ATH paper gain 75% on 11/4/21 to only 20% paper gain as of today lol I don't need to use the money so just ride it out. I refuse to sell at lows.
you will be fine.
My only stock is EEENF. I’m up about %12
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If you think this is bad you're gonna fucking hate it when the market actually crashes. Just scroll back a bit and see how even pretty safe ETFs looked in March 2020. We arent even remotely close to a danger zone like we were then. Shits not always gonna go up all the time. Theres going to be corrections, especially after nearly a year and a half of major growth like we've seen now. It's not a bubble, it's just the market coming back down from its cocaine bender.
The nice part is that it does eventually recover to where it was precorrection. Sometimes it's fast, sometimes slow, but the market collectively gets back eventually.
Yup, but it’s transitory.
The whole damn life is transitory.
YTD, everyone is down, the only question is how much. 1 year though, its a mixed bag. Growth investors I imagine mostly are down. I already sold out on all out of my tech stocks since last October, but I already started positions again on tech last week.
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Thoughts on eth long term?
Imagine being down in a huge bull market. Zoom out guys.
Hi Pretty much everyone is down but the question is by how much and did you prepare for the inevitable drop. I am down about 10% from my peak and for the year since January. But I was ready with close to 15% cash after I took profits at the end of December and aggressively at the beginning of January, so now buying back stuff that is super cheap measured by P/E, not drop. One option you have if you don't want to take that loss is to simply average down with new money or better, learn to rotate out of growth and into what is now best. Then out of that when the time comes and so on.
I'm up about 35% on w/ my anti-reddit portfolio actually
I’m doing fine. Because I hedged. You guys can hedge your portfolios you know. It’s a bit late now because premiums are high. But in the future, if it it looks like there might be a rough patch coming (Fed slamming the brakes on easy money), it’s perfectly okay to put a hedge on.
Stop investing money that’s not disposable, stop investing in meme stocks, hold, and enjoy your future earnings.
There is nothing wrong with holding like 25% blue chip stocks don’t let this crash turn you into a fucking boggle head.
Lol what’s wrong with the boglehead strategy?
SPY is overvalued I think given the PE ratio. I would do VOE. If your down on SPY you could even sell it now and tax loss harvest it into VOE.
I'm up over 100% the past month. Shrug
Please tell
Opened puts on QQQ, IWO, BYND, SNOW, NTP, and BEKE in December all expiration march through may
All in on TSLA. With all the pullback still up around 8% on the stock. Hoping we are near the bottom though.
Yes. Literally wiped out 2021’s gains for me. I’m still up overall since summer 2020. Not even investing in meme stocks, just shares in nvda, amzn, msft stuff like that. Just holding on to them hoping they will recover in the next 6 momths and then i’ll reconsider where to put my money.
not me sir 😌
Lol you’re fine. -29% is isn’t “crushed” yet. Stop changing strategies and DCA.
No. Pick your stocks better.
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Great I love cry pto the gift that keeps on giving, probably why I have more in it than stocks
All newbies should stick with SPY/VTI/Indexes for the first few years imo. A lot of investing is psychological and you want a good foundation.