Is the stock market going to tank?

[bennymac]

[byates1]

Jesus.

[J. Barron DeJong]

I guess that’s the answer to my ‘equity premium’ question from a while back.

[Mazderati]

It's a piece of information that may or may not be as extreme as it seems.

[bennymac]

the $1.6 billion of puts represents the notional value and not what his fund paid for the puts

[Mazderati]

Or what he may be short or whatever else doesn't have to be reported.

[JimmyCarter]

It’s also from months ago so has already lost (on paper) money

[skaredshtles]

It’s also from months ago so has already lost (on paper) money

So calling it "breaking" is a bit disingenuous?

[californiagrown]

In the movie, isnt his famous quote "I may have been early, but im not wrong"?

[skaredshtles]

In the movie, isnt his famous quote "I may have been early, but im not wrong"?

Sounds like naked shorts. Calling for a collapse of the market is easy to do if you consider the infinite future your timeframe.

[byates1]

Or like jong who will put up a chart of one day and call out a loss etc..

[dschane]

. . . my vanguard settlement fund is in VMFXX, currently yielding 5.26%.

That beats my Schwab MMF, which I think is just under 5%. But both seem quite solid.

[4matic]

That beats my Schwab MMF, which I think is just under 5%. But both seem quite solid.

Both those are very short duration. Not really comparative alternative to a long term annuity. You need some duration if you are comparing income products to an annuity

[J. Barron DeJong]

Or like jong who will put up a chart of one day and call out a loss etc..

Like this?:



I think the only time I’ve posted a one day chart is to ask what may have caused a precipitous drop.

[J. Barron DeJong]

Or like jong who will put up a chart of one day and call out a loss etc..

Like this?:



I think the only time I’ve posted a one day chart is to ask what may have caused a precipitous drop.

[dschane]

Both those are very short duration. Not really comparative alternative to a long term annuity. You need some duration if you are comparing income products to an annuity

Agree. If the goal is to stash $200K somewhere long term that's not an annuity but has similar duration, a MMF is apples to oranges.

[riser4]

I love all this bleating about entitlement spending when most of our current deficits are the highly inefficient GW and Trump tax cuts. Drop those and you don't have much growth impact while saving an absurd amount as they were handouts to rich people who don't spend their money.

This. Would be a baby step in the right direction.

[Kenny Satch]

This is gold Jerry.
NSFW

https://twitter.com/alifarhat79/stat...kVMoz11Pw&s=19

[jackstraw]

This is gold Jerry.
NSFW

https://twitter.com/alifarhat79/stat...kVMoz11Pw&s=19

Bwhahahaha!

[BobMc]

It seemed much like right wing humor, really not that funny. You guys have a low threshold for the giggles.

Anyone else buying REITs? High rates have been crushing the triple net companies, seems a good time to buy in and lock in some decent yields. I’ve been buying O, PINE, and WPC, have MPW in the portfolio as well but not quite as bullish on them anymore. (Although, if they get some tenant issues sorted out could see a nice increase.)

It just feels like easy money buying on the way down. Last fall I did the same with GOOGL, AMZN, and AAPL, the prior two fall seasons it was energy.

When I first started fucking around with this shit I bought in on a covid battered market and applied myself to finding bargains that would rebound. I thought after the first year I’d be fucked and have been a one trick pony with a little cash made and be happy. As I keep doing it I’m beginning to figure it out a bit and realizing there always seems to be a bargain around somewhere or another.

Read the shit out of everything you can find, even paying for it. I’ve found paying for an info system pays for itself. There is money to be made, grab some for yourself.

Don’t be me and scrambling to get the fuck retired, invest while you are young and get the fuck out of the rat race.

[AdironRider]

Ahhh, the advice of a man who has never experienced a true bear market.

[BobMc]

Ahh, shit posting as usual. Do you ever have anything positive to say?

[4matic]

It seemed much like right wing humor, really not that funny. You guys have a low threshold for the giggles.

Anyone else buying REITs? High rates have been crushing the triple net companies, seems a good time to buy in and lock in some decent yields. I’ve been buying O, PINE, and WPC, have MPW in the portfolio as well but not quite as bullish on them anymore. (Although, if they get some tenant issues sorted out could see a nice increase.)

It just feels like easy money buying on the way down. Last fall I did the same with GOOGL, AMZN, and AAPL, the prior two fall seasons it was energy.

When I first started fucking around with this shit I bought in on a covid battered market and applied myself to finding bargains that would rebound. I thought after the first year I’d be fucked and have been a one trick pony with a little cash made and be happy. As I keep doing it I’m beginning to figure it out a bit and realizing there always seems to be a bargain around somewhere or another.

Read the shit out of everything you can find, even paying for it. I’ve found paying for an info system pays for itself. There is money to be made, grab some for yourself.

Don’t be me and scrambling to get the fuck retired, invest while you are young and get the fuck out of the rat race.

I own a lot of CMBS in my funds: PAXAS, FMSDX, PDI, PAXS. It's worrisome and after dividends I'm about even all in after 16 months. If you're bullish REITS the debt offers great yield and chance for appreciation to maturity. For those following along I swapped out of EMB and BOND a couple months ago for PASAX (Smart Beta Income with TIPS benchmark) and out of JEPI for PASX. Very happy with the swap. FMSDX is performing well too after I bought it at absolutely the wrong time. FMSDX trades a lot and jumped on the tech momentum trade at the right time this year.



FMSDX top equity holdings. Really like the flexibility to hedge with options:

Equities ex. Preferred Stock:
Microsoft Corp.
Microsoft Corp. Written Call Options
Apple, Inc.
Apple, Inc. Written Call Options
DHT Holdings, Inc.
Amazon.com, Inc.
Alphabet, Inc. Class A
Alphabet, Inc. Class A Written Call Options Babcock & Wilcox Enterprises, Inc.
Meta Platforms, Inc. Class A
Meta Platforms, Inc. Class A Written Call Options NVIDIA Corp.
NVIDIA Corp. Written Call Options
Tesla, Inc.
Tesla, Inc. Written Call Options
Hess Midstream LP
Lilly Eli & Co.
Eli Lilly & Co. Written Call Options
Energy Transfer LP
Uber Technologies, Inc.
Magellan Midstream Partners LP
Pizza Pizza Royalty Corp.
MPLX LP
Enterprise Products Partners LP
Scorpio Tankers, Inc.
Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. Written Call Options Snap, Inc. Class A
Micron Technology, Inc.
Micron Technology, Inc. Written Call Options Merck & Co., Inc.
Merck & Co., Inc. Written Call Options
Exxon Mobil Corp.
Exxon Mobil Corp. Written Call Options
Sanofi SA sponsored ADR

[schuss]

That's like 90% tech.

[jackstraw]

It seemed much like right wing humor, really not that funny. You guys have a low threshold for the giggles.

Oh, lighten up Bobby.

Good luck playing the market. I hope you get rich and all your wildest dreams come true.