Yep. Investors are enjoying the pointless rate cut and the prospect of even lower taxes at the highest income levels right now. If it becomes apparent that the incoming administration really is going to implement the rest of their promised agenda, the market will tank.It's nice to see these gains in equities short term. I suspect things will settle down in January/February.
I feel like I just need to rebalance some of my tax advantaged accounts. My current 401k allows auto rebalancing, which I just set up to be semi-annual. But I should take the same steps on my Vanguard held accounts to ensure my investments haven't drifted too far from my target percentages.Yeah it is pretty tempting to rotate out a bit of my US market positions. I’m at like 80-85% US equities right now. Maybe later this month or early December. May also just shut off future contributions and route them towards cash and medium term treasuries.
Yep. Investors are enjoying the pointless rate cut
Not stocks per se, but I have noticed the coins have been mooning lately. New ATH for BTC, and though ETH is going up again, it is still far off the ATH.
Yeah, it will be excellent to those who wants to avoid paying tariffsI think Trump said something about Crypto.
Expectations for inflation went up "bigly"Not stocks per se, but I have noticed the coins have been mooning lately. New ATH for BTC, and though ETH is going up again, it is still far off the ATH.
It's gambling, plain and simple. The only way to make money is to find a greater fool.I don't understand how it really works.
Can someone know the right approach to investing and making good profits from cryptocurrency investments?
Because I am seeing people becoming millionaires while I've played it safe in annuities and was looking at index funds.
Edit: I mean you still really have to sell it to someone.. just like real estate or index funds or stocks. Seems like a ponzi scheme.. did you have these fears when you invested and felt like you just took a calculated risk vs entire portfolio??
It's gambling, plain and simple.
Gambling with an underlaying basis of economic activity. Crypto has no underlaying basis of value.What do you think the stock market is?
The better analogy is that the stock market is gambling where you are the casino. You may win or lose on any given bet, but overall the odds are tilted towards income coming from the businesses you own and into your pocket.lol. Last I checked gambling doesn’t pay dividends and doesn’t result in partial ownership of a money-making entity.
Buy low sell high.Can someone know the right approach to investing and making good profits from cryptocurrency investments?
Unless you are Warren Buffet, your "ownership" of a company is a effectively a meaningless drop in the ocean. And they can dilute your shares even further whenever they want. Us retail investors are just betting on swings in share prices, either short or long term. We bet on a company increasing market share, or releasing a better product, or benefiting from a supply crunch, regulation, etc, just like a gambler would bet on a football team beating the expected spread.lol. Last I checked gambling doesn’t pay dividends and doesn’t result in partial ownership of a money-making entity.
My partial ownership of a selection of companies via holding their shares pays me six figures annually, shrug. I’ve only ever lost money in a casino the couple times I’ve been.Buy low sell high.
Unless you are Warren Buffet, your "ownership" of a company is a effectively a meaningless drop in the ocean. And they can dilute your shares even further whenever they want. Us retail investors are just betting on swings in share prices, either short or long term. We bet on a company increasing market share, or releasing a better product, or benefiting from a supply crunch, regulation, etc, just like a gambler would bet on a football team beating the expected spread.
There was a famous quote "The stock market is just a casino without the free cocktails"
I don't see how that changes any of what I said. One could make $100k a year on CD's or govt bonds, assuming you buy enough of them.My partial ownership of a selection of companies via holding their shares pays me six figures annually, shrug. I’ve only ever lost money in a casino the couple times I’ve been.
Those are similarly not at all equivalent to gambling.I don't see how that changes any of what I said. One could make $100k a year on CD's or govt bonds, assuming you buy enough of them.