So I'm sure some of you caught Burry's recent gloom and doom (probably warranted to a degree) — so my question to those of you who believe a market crash is imminent, where are you keeping your dry powder?
My portfolio is quite diversified, but my largest gains have been in tech and aerospace, which I have no doubt is due for a correction at some point. I'm thinking of selling some to buy the dip if the market ever really starts to crash, but stored in what?
Preferably something I can keep in a S&S ISA (those in the UK will know)
For the bears: where are you parking your money while the market is this exhuberant?
byu/rattleandhum instocks
Posted by rattleandhum
23 Comments
Problem is that when the gravy train stops, and who knows when, it’s so mixed up in everything that it will all come down. So I guess stick to DCA and hope that after the rinse we will just go back up again like we always have.
Burry has predicted 100 of the last 2 market crashes. He’s not credible
No cares about Burry.
Burry is always doom and gloom
#VDCA #BEEF #COKE
Bears on puts also buy #ROPE
Bears? Money? LOL!
Not a bear but parked have some cash in BRKB
I’m not a bear but I like to hide my leftover money property stocks. Realty Income or EPR Properties. They pay high dividends and are fairly stable, so any leftover money I have, I put into them. And once there is an opportunity, I sell and buy what I need. Better to have 7% dividend yield than 0%.
However, I know in the US taxes are quite tricky when it comes to short term holding. Where I live tax is 19% off gains, doesn’t matter whether I sell a day after purchase or 10xyears after
Ive got a “crash fund” in my S&S Isa which is there to deploy if/when there is a significant crash.
In the meantime, im just gonna keep daily dca pumping VWRP.
A lot of CDs and some HYSA and some Treasuries. But my equity allocation has been mostly energy for some time. I think the Strait will keep energy prices high for quite a while. I also think it will be energy costs and availability and energy fueled inflation that hasten our market correction.
USO, puts on airlines, gold, silver, copper, platinum
i built a cash position that is roughly 25% of my portfolio. Its only cash for dips and opportunities, eyeing a dip end of summer, and bitcoin around 40k end of the year
I started investing last year and have roughly 25% of my money invested. I have someccash in ultra short etfs ready to go. 20 to 30% in government bonds as emergency fund. The rest I’m quietly DCAing. Buying more than I can save every month. Being conservative but that’s just me.
SGOV if you don’t mind keeping it in USD.
I park my money in pokemon cards
Gotta find free parking when you miss out on gains like this
Gold and silver. Possibly USO or some other oil fund. Puts are way too risky
Imagine being the Big Short guy. And then being currently short. And then being in a position to be able to get on the front page of CNBC and tell everyone to sell.
Good work if you can get it I guess.
If you listened to burry you would have missed all of the gains since covid.
Just buy and forget. Don’t try to time the market
Commodities indexes and gold, sgov and igov, bond etfs, to hedge buy long puts on semis, just be diversified basically.
Schd is where I have parked mine, I just cashed out 10 percent of smh today and moved to schd. If smh goes down, schd will go down less and I’ll buy back in, if smh goes up another 5-10 percent I’ll sell another 10%.
In the market. Better than making money shorting there is only making money on both the way up and the way down.
I just keep some cash and some money in pharma, so that if I miss the timing I still have dry powder.
Bonds. 100%. rates will have to collapse.
there are multiple sectors in bubbles but semi is by and large the worst I’ve ever seen. When the drop is done many of these stocks will be -80% or -90%