Quote:
Originally Posted by HoneyBadger
I accidentally bought high and sold low twice last year. [Rant2][shithitsfan]
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Quote:
Originally Posted by HoneyBadger
I accidentally bought high and sold low twice last year. [Rant2][shithitsfan]
Yeah. Nobody is infallible.Quote:
Originally Posted by MrPrena
BUT, it sure helps to use your brain when making investment decisions (especially in real estate!)
Sooooo looks like Brexit had a very short term impact (2 days), we'll see what happens over the long run though. EU/US/Japan are all deeply in debt with no plan for getting out of debt. DOW might set a record today, we'll see if it can hold 18K for more than a week or two.
WTI and Brent can't hold the $50 handle although they are both up today. Silver is over $20, Gold is over $1300.
Quote:
Originally Posted by HoneyBadger
If anyone was taking investing advice from me RE: XIV, you may want to consider selling part or all of your positions today or tomorrow. Not sure the current level is sustainable (or warranted). If the market doesn't do anything exciting, XIV will probably be $32+ by Aug. Or it could take a crap and drop back to $20 or less.
As always, side effects caused by unwarranted financial advice may include itching, sneezing, running nose, thinner wallet, loss of retirement accounts, angry spouses, and painful urination. Use your discretion.
I agree with you, HB.Quote:
Originally Posted by HoneyBadger
FAZ and UVXY are in play now... This market top is almost over. And I'm still looking for a drop in silver soon before it rockets up.
TRUE, and/or be more liquid.Quote:
Originally Posted by HoneyBadger
After hanging around $20 for a while silver has fallen to the $18 handle at $18.71 as I type, gold is at $1329, WTI $47, and Brent $49 so oil had a push towards $50 and is hovering around the upper $40s.
My gold stock is tanking today
It's on sale, time to buy!