Investing 102

[XLexusTech]

Executive / company buy backs..

[rustomatic]

Originally Posted by XLexusTech

Executive / company buy backs..

This is what the genius airlines have been doing for years (partly to inflate their stock prices, so as to make it seem like they didn't suck as businesses) . . . for years of profits like never before. Remember how airlines used to go broke all the time, and the gubment would step in? Great financial management always leads to being broke, right? Oh, no problem, the gubment has an extra $100 billion to put them back in chargeyoutodeathforeverything mode again (once the virus thing loses its grip and toilet paper is freely purchaseable again).

As for bonds, refer to The Big Short (book or movie). Look forward to a sequel, as the same great investment strategy never stopped, however it is now joined by packaging of super-high quality car loans on $80k pickemup trucks people could totally afford.

Beer is the only answer. Next week does not look good from this distance.

[XLexusTech]

Originally Posted by rustomatic

This is what the genius airlines have been doing for years (partly to inflate their stock prices, so as to make it seem like they didn't suck as businesses) . . . for years of profits like never before. Remember how airlines used to go broke all the time, and the gubment would step in? Great financial management always leads to being broke, right? Oh, no problem, the gubment has an extra $100 billion to put them back in chargeyoutodeathforeverything mode again (once the virus thing loses its grip and toilet paper is freely purchaseable again).

As for bonds, refer to The Big Short (book or movie). Look forward to a sequel, as the same great investment strategy never stopped, however it is now joined by packaging of super-high quality car loans on $80k pickemup trucks people could totally afford.

Beer is the only answer. Next week does not look good from this distance.

Futures are down tonight stmilus bill stuck with the Dems plsyomg politics .. tomorrow is going to be a big slide me thinks

[XLexusTech]

Originally Posted by XLexusTech

Futures are down tonight stmilus bill stuck with the Dems playing politics .. tomorrow is going to be a big slide me thinks

So I realise the whole point of 5his tread is not to try time the market ..... however bargains are prime for 5he picking... so I haven’t sold anything... I haven’t slowed down my automatic investments or my 401k ... but I am trickling in opertunistic buys

[captainofiron]

I would Max out your 401k to what your company matches right now

It's not about timing the market, it's about gauging buying opportunities

Strengthening your positions or getting good names cheap is what it's all about right now

I've been stashing a little bit of cash all last year and now I'm buying chunks here and there, generally as good companies go ex dividend or when they dip as they pay their dividend if I missed the window

Most of my positions are red right now, so holding fast

Don't panic sell guys, but double check your companies free cash/cash flow if they don't have the money to go a while without good revenue then it might be time to do a tax Harvest

[68454RS]

Originally Posted by captainofiron

I would Max out your 401k to what your company matches right now

Company only matches 100% up to 3%, then 50% up to 6%, i'm putting in 20%

[WSSix]

Originally Posted by 68454RS

Company only matches 100% up to 3%, then 50% up to 6%, i'm putting in 20%

Good job! Just make sure it's in a diversified portfolio within that 401k. If you're young and have many years left, also make sure you're not in too conservative of a fund.

[captainofiron]

Originally Posted by 68454RS

Company only matches 100% up to 3%, then 50% up to 6%, i'm putting in 20%

So, if I were you, I'd contribute up to your employer match limit

Then the rest of money you are stashing I'd put in a retail investment account. Generally 401ks don't have very great options and if you ever need that money there is penalties for taking it out

But it's up to you, BUT it would be pretty hard not to out perform the funds in your 401k