Hi. Lost my shirt on micron, Sandisk (!!!), Tesla, western digital etc. Totally down the drain – albeit very tech concentrated and my fault. I’m at a loss as to where to look now. Read about Lockheed, general dynamic – the defense play. Would love to hear where everyone else is putting their money these days. Any and all thoughts appreciated.
Posted by No-Relief1518
31 Comments
Canned beans, water purification systems, bullets.
Hold or buy bounds I guess, if Trump sends soldiers then the mess hasn’t started yet, those are just appetizers. And anyway even if the mess in Hormuz stops tomorrow, the energy crisis won’t be solved in a week.
Now you go away and read books, to study the correlation between DXY and equities (had you known this, you would have anticipated SPX decline from end-Jan/early-Feb onwards), general market cycle-trends, seasonal impact (eg equity returns during Mid-Term years), chart consolidation (eg as reference point, consolidation of oil before its break out in December/January, which was again a precursor to these wider moves), relationship of precious metals and currency (one of the most inanely misunderstood, and therefore harmful .. see all the crying that the metals ‘insurance’ trade has not played out) etc.
Then you can start moving money around. Otherwise you are fumbling around in the dark blindly.
Yourself
You went long in 3 different storage/ram manufacturers, then took the loss? Then now you want to pivot to the next thing. What a tool.
Go buy oil and gas at it’s peaks now, then sell when it crashes also.
Just repeat till you’re broke then call it a day.
Hard stop if you fell for tsla you should not be playing w stocks. That is a sign of mental regardation.
Iran.
If you’re worried about the risk environment, Berkshire is a great stock to buy given their Oil & Gas positions + still holding Apple
Heavily short SPY/NVDA, long BNO, small long SWBI.
For the next two weeks: Take break, read books, do some sport, reconnect with family and friend, read anything random, really …
**As always – the dip**
Either buy when you see big dip or don’t invest at all.
The market will never send you a personal invitation “Hey, now it’s time to buy and get rich”.
GOOG, VOO, QQQ
Just buy your favourite stocks and chill man.
If very tempted then sell coved calls on it but keep in mind its not a free lunch
IMO (sure not an investment advice) now it is fine to accumulate some cash. If you have enough cash – may DCA to some relatively safe and low volatility ETFs like VYM+VYMI. I would avoid any risky ‘growth’-oriented investments now.
Des clopes , du café , du sucre
An EV and non-perishable foods
So you want to sell low, buy high?
OMAH
You haven’t lost your shirt if you haven’t sold. MU and SNDK will be fine. Not much new capacity is coming in the next 2 years.
VTI. Stop chasing the next thing.
Canned food, water bottles, physical gold, ammunition
Have you heard of diversification?
You can have a balanced portfolio – catch the money rotations from sector to sector – and sleep well at night
Try to stop chasing the ‘hot’ thematic (as you will always be late to the party) and lower your volatility instead 😉
If you lost money on all these big names, and now want to sell and move on – you’re a gambler and probably shouldn’t be trading.
Invest in yourself
Buy the dip they say…. We aren’t in dip land… we are in crash land …. Don’t buy the crash until you see legitimate bounce and real news… don’t try and time the bounce… but go a head and buy on the way down and you keep losing. Wait!!!!!!
Calls for winter in tech
Puts for military related stocks
Calls in gas in 4 months
Health stocks put calls a year from now
Diabetes stocks put calls
Music stocks maybe calls in a year because people are going to make a lot of music about the situation going on
If you lost your shirt on MU, SNDK, and WDC, you just bought at the top and sold at a loss.
If you’re gambling like that you need to just invest in index funds.
The firsts step is to realize that today you are dumb money. You bought into a trend and then sold low when it fell apart. Only then can you start becoming smart money.
You have to fix your psychology first. First read at least the first half of the Intelligent Investor. Then read everything by Charlie Munger.
If you don’t fix your way of thinking then all the other stuff won’t matter.
“Invest” as in at least a 5 year horizon? If you buy stocks in companies with good balance sheets you should do pretty well. Even the names floating around reddit: Rddt, Gme, Rklb… lookin pretty decent right now.
Do some DD on HGRAF. Only company that can make Pure Graphene in the americas; patented too…
dont get ready for one the biggest bear markets we have ever seen in our lifetimes