So says many. Land is kind of like precious metals though right? But even more tangible?
OT: Stock and Investment Thread
- Thread starter RU05
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So you see inside the city proper as a better bet? I guess your thinking you can find good deals?
I can go along with that, I was just putting myself in the mindset of someone with money looking to get out of the city because of Covid.
To be honest I am massively bearish on everything right now sans tech. So I may not be the best one to take advice from if you feel differently. I was fortunate as I was “all in” for the past few years so I have the luxury of sitting on the sidelines and waiting and watching.
This is a massive warning sign imo. US household savings rate:
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But just the general theory of buy now at super low rates, and let inflation kick in, does make some sense no?
I think you are right(I'm guessing this was your thought process) that lands outside of cities will be hot, but, I think people who currently live in cities are going that way anyways.
Not enough risk priced in yet. Think about when you think we’ll see these sectors coming back: hospitality, airlines, retail, entertainment, tourism? Heck I’m not sure I can’t see a scenario where the US won’t have to nationalize the airlines. The US economy is somewhere between 65%-70% today. A 90% economy is projected to have 10M unemployed and would still be a disaster. We may be a year away from that. The only sector getting pummeled right now that I think may come back in 2020 is healthcare.
If household savings stays anywhere near 33% inflation won’t matter much because no one is buying anything. As I wrote I am massively bearish.
RutgHoops Agree 100% on Healthcare (HUM for those playing at home).
Considering that you're bearish, are you allocated in Gold and Treasuries? That would be the play.
Considering that you're bearish, are you allocated in Gold and Treasuries? That would be the play.
Spirit up 17% overnight.
Bought some yesterday at close.
Trying to sell it now.
Edit: Sold, made about 15% overnight on this one. After some atrocious buys on Airlines it's good to get back on the right foot.
Bought some yesterday at close.
Trying to sell it now.
Edit: Sold, made about 15% overnight on this one. After some atrocious buys on Airlines it's good to get back on the right foot.
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Wish you all the luck 05! But you do realize that the market cap of a company is the share price multiplied by the number of shares, correct? What you wrote makes it seem like you think TSLA is worth 972/60 more than NKLA. TSLA's market cap is $180.5 billion. NKLA's market cap is $21.8 billion. TSLA is worth 8.3x more than NKLA,not 16.2x. If TSLA splits 2:1, its shares drop by 50% but the value of the company doesn't change.
I'm hanging on here West of West Point.
I wouldn't buy RE in cities or high tax States.....see the Blue/Red vote maps.
I am now researching just dirt/land for building later, 5 + Acres, some cleared flat and some woods. (5 Acres of woods is basically renewable wood for energy/heat) Need a municipal maintained road, power lines, potable water ( known above or below ground) . When Matt/Amanda retire a State that doesn't tax pensions, low sales tax, low or no state income tax and low property tax is the cat's meow.
I wouldn't buy RE in cities or high tax States.....see the Blue/Red vote maps.
I am now researching just dirt/land for building later, 5 + Acres, some cleared flat and some woods. (5 Acres of woods is basically renewable wood for energy/heat) Need a municipal maintained road, power lines, potable water ( known above or below ground) . When Matt/Amanda retire a State that doesn't tax pensions, low sales tax, low or no state income tax and low property tax is the cat's meow.
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I kind of like gas (esp with nattie under $2) supply, but tanks are ok. Have to have high speed internet service for multiple data streams. Also, proximity to some kind of town with restaurants worth eating at.
We, the retail investor, play the treasuries market via the ETF funds. Check out TLT. You’ll think differently about treasuries.
Even if you bought treasuries out right, zero return is better than -20% on your retirement account. But, that’s not the way to play it.
Precious medals are nice to have, but should be mainly used as a hedge against da stuff hitting the fan and be 3 - 5 % of your total portfolio. Don't put all your hedge in one company, to spread the risk. Personally holding gold coins/etc is expensive; 1. storage costs, 2. assaying when selling. 3. risk while transporting.
Survivors want silver coins or small silver bars, rather than gold as it will be worth too much for normal barter exchanges for food/ammo.
We're not there yet....but....I am buying ammo as supplies allow. Nothing says "I Love You", more than a box of .223 or .9 MM.
Survivors want silver coins or small silver bars, rather than gold as it will be worth too much for normal barter exchanges for food/ammo.
We're not there yet....but....I am buying ammo as supplies allow. Nothing says "I Love You", more than a box of .223 or .9 MM.
Mostly treasuries and other fixed income product. Capital preservation is my #1 goal until (at least) 1Q 2021. And cash.
As a disclaimer I am 52 years old so there are stocks in my portfolio that no matter how "bearish" I may be it still isn't worth the capital gains tax implications of selling. But even with that I have monetized a bunch of equities and will sit in cash for a while.
3K defended again this morning. Longs do not want to give this up. Trouble below. Don't be surprised if we revisit that area again this afternoon.
Be careful on land that is not "urban". I am not certain how the pandemic plays out long term, but urban infill is what the younger workforce has been consuming. "Live, work, play" has been the mantra for the last five (5)+ years. Younger workers want no cars and an ability to walk or transit to their job, their apartment and their recreation. Everything we have built for over a decade has either been urban infill or located on or near a transit stop (within walking distance).
A future United States where "Work from home"replaces "Live, work, play" would certainly see a flight to low tax states. But I am not 100% sold a post-pandemic US doesn't have downtown urban as still the best option. Time will tell.
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We might see residential uses replacing office in downtown areas. Who knows for sure. Alternatively, employers with downtown offices might just decide to they need more square feet per employee,
We all should have bought the First Edition of "Gone With the Wind".They're asking 2 grand on E-bay.
Did just check out treasury ETF's and yeah my perspective is changed dramatically. Thank you for this.
And TLT is definitely one that stands out. Up 20% on the year, a 1.75% yield, and a monthly dividend. 24 hour trading available to boot.
In general it looks like long terms are the way to go here. This is because current term interest rates are so low ya?
So I'm thinking these long term ETF's are not currently buying long term treasuries? Or at least very little, but instead are made up of treasuries that were purchased when yields were higher?
Thanks again, very helpful.
Our PM exposure is via our managed accounts, so just a normal fund or two. Our Roth IRAs are managed to help with the backdoor conversions each year. This accounts for a relatively small portion of our investment assets, but includes most of our hedging.
How a bond fund executes their strategy is something too complex for me to fully understand or discuss.
To keep it simple, the idea with something like TLT would be to ask yourself, "Do we see an interest rate environment over the next 5 years where interest rates remain low or go lower?" If the answer is yes, then you allocate risk to TLT (buy it).
TLT outperforms during crisis where money is looking to go to safe assets pushing yields down and (inversely) prices up.
And to answer your other question, yes the fund actively buys and sells treasuries. They need to sell some way before they mature (at a profit - as in now). If they hold them to maturity and do not re-balance, they would eventually not be a long term bond fund.
Lastly, you always need to be aware of the risk though. One way to look at this is by asking yourself this question - "Do I see LT interest rates going up 1% in the near term?" If the answer is yes you want to dump your TLT.
BTW, this is just my understanding of these instruments from listening to people who actually know what they're talking about (not CNBC).
I agree with you on being cautious (bearish) because all the negative factors which could further hurt the economy going forward haven't materialized yet (IMHO).
As the defaults of DLO's in 2008 contributed significantly to the Recession, I think increasing defaults of CLO's (Collateralized Loan Obligations) will have the same negative impact on the economy/financial markets going forward.
HAIL TO PITT!!!!
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It did jump a couple days prior so maybe they were anticipating the report?
It also jumped in premarket Friday morning before settling back down. Might have just been caught up in the markets overall jitters...
Obviously I'm just guessing here, but I've come to realize the market does weird stuff sometimes.
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I bought it at $3.14 so I'm really hoping for a rally this week.
I was up big with LATAM before it got delisted but then it plunged after that and I couldn’t sell it right away . I’m just getting started in trading and it would have been my first nice profit and instead turned into a loss
What are these pharma companies working on? Covid? Cancer?
ABBV - everything, plus a great and secure dividend.
HALO - subcutaneous drug delivery - tremendous growth ahead.
SGEN - the leader in antibody drug conjugates, the future of cancer therapy IMO, and growing like a weed.
HALO & SGEN also definite buyout candidates.
NJSP classmate had retired and moved to Montana and recently moved to South Dakota.
I'm trying to find out why ?