Official Short-term Investments Thread

[Disoblige]

Cash is king right now.

[v8killa]

Sold about half my shares in everything....market is too volatile for me right now.

[killramos]

Nothing like selling the dip, then buying the upswing.

[davidI]

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Sold about half my shares in everything....market is too volatile for me right now.

For anyone who was trading / following the markets pre-2008 and all the Fed intervention, this recent volatility is nothing.

I guess this is the short-term "investment" thread though. Pretty sure it should be called the "trading" thread.

[FunWheelDrive]

Pretty crazy to see there is really nothing to hedge on when the market is falling, just lots of red in every sector. Sold a ton of gold and silver ETF's and miner ETF's. Made a good profit. Now sitting 80% cash.

[v8killa]

Exactly....if things go up great but I rather have cash on hand in case they continue to drop so I can average down.

[suntan]

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Exactly....if things go up great but I rather have cash on hand in case they continue to drop so I can average down.

Brokers love you man.

[v8killa]

What are you guys suggesting? Keep everything status quo and just let it ride?

[Disoblige]

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What are you guys suggesting? Keep everything status quo and just let it ride?

If you have stuff invested now, I wouldn't sell.

But I just wouldn't purposely buy right now unless you are ok with the risk.

I feel like we are headed lower, just my opinion.

[FunWheelDrive]

Looking back over the last couple years after every fear sell off we have had a very nice V shaped recovery (SPY and Dow) I would just wait it out if you're in cash. Wait to see a swing and momentum and scale back in. But if we get a daily bear flag vs a V shape recovery as in the past this could get worse.

[JustinL]

If you think it's going up, buy. If you think it's going down, sell. I don't see a lot of paths up, and a lot of ways this could get worse. I'm out on most of my exciting stuff... but even my boring investments are taking a big hit. Cash is the only think that is holding value right now. The US Fed only has a little bit of wiggle room with the interest rate, so they will have to get creative in how they deal with this if it keeps going. Once people start talking about the end of capitalism, you'll know we're close to the bottom.

[rx7boi]

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All my goodies went to shit.

Haha, I only bought a little bit because this coronavirus isn't going anywhere anytime soon as the sell off continues.

Keep the sales coming!

[suntan]

Thoughts on AC.TO?

[ercchry]

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Thoughts on AC.TO?

Good discount, probably a little early... my biggest concern on air travel would be unaffected countries closing borders to countries with confirmed cases which in essence would close down everything as even connecting flights through various countries would be an issue. But then again, what would that look like to the airlines? I would say a vast majority of cancellations would be covered by insurance, most people book flights well in advance too... hard to tell if it’s all fear based or if there is some substance behind it

[taemo]

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Nothing like selling the dip, then buying the upswing.

exactly lol.

I'm actually going to buy more this year than the previous years and will continue buying as the price goes lower.

[Disoblige]

SPY gonna test $288, then 279 range. No need to buy anything right now.

[Manhattan]

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For anyone who was trading / following the markets pre-2008 and all the Fed intervention, this recent volatility is nothing.

I guess this is the short-term "investment" thread though. Pretty sure it should be called the "trading" thread.

Seems most "investors" consider a few days to weeks as short term and long term is considered 6 months to a year.

Things have been too good for way too long. People don't even remember was a bear market is like.

[suntan]

I miss 2015. Markets were mostly lateral, great time to shove money in without freaking out too much.

[ercchry]

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I miss 2015. Markets were mostly lateral, great time to shove money in without freaking out too much.

Unless it was O&G

[suntan]

I have been ex-Canadian O&G for years now. I have way too much exposure due to my wife's old job.