Is anybody short the market right now?

pawz

What's the best way to do that?

What is the least risky way to take that position? Buy gold? Options?

Squirt

This is the first place I come for investment advice too.

oregonblitzkrieg

Options spreads. But why short the market at all? Timing that shit is close to impossible. Let the bears take those risks, wait for a drop and go long.

pawz

Squirt said:

This is the first place I come for investment advice too.

What bet; and how to do it are two different things.

2001400ex

pawz said:

What's the best way to do that?

What is the least risky way to take that position? Buy gold? Options?

SPXS. I'll move some over soon. Not yet. Also hedging with Cannabis stocks.

Mosster47

oregonblitzkrieg said:

Options spreads. But why short the market at all? Timing that shit is close to impossible. Let the bears take those risks, wait for a drop and go long.

HR, YK. Buying gold now is also stupid. When the market crashes everything crashes, including gold.

Wait for the crash then buy a leveraged gold account like NUGT. During the last crash that was by far my best performer as hard times lingered for a very long time and the dollar took a shit driving that account into the heavens.

When the market started its long climb I just put everything in a high yield mutual and made somewhere around 73% in an 18 month period. My TSP split between the C & S funds did extremely well during that time for that vehicle as well.

Right now is a terrible time to be in the market, IMO.

PostGameOrangeSlices

Dont short anything unless you really know what youre doing

dnc

https://www.youtube.com/watch?v=ng7P0pbPkxo

2001400ex

PostGameOrangeSlices said:

Dont short anything unless you really know what youre doing

Don't need to. Buy a 3 times leveraged bear etf.

BearsWiin

Baseman

Why watch CNBC anymore?

RaceBannon

Lottery tickets

YellowSnow

RaceBannon

2001400ex

Baseman said:

Why watch CNBC anymore?

They say to wait until the yield curve is inverted. Even tho that triggers a recession, the stock market values are less correlated.

USMChawk

2001400ex said:

PostGameOrangeSlices said:

Dont short anything unless you really know what youre doing

Don't need to. Buy a 3 times leveraged bear etf.

Go ahead and hand that loaded gun to the child, what’s the worst that could happen?

https://www.fool.com/investing/2017/06/25/3-triple-leveraged-etfs-and-why-you-shouldnt-buy-a.aspx

Don’t try and time the market; Wall Street is full of professionals who’ve failed at that very thing. I’d recommend you buy diversified mutual funds and be patient. They’re not sexy and won’t give you that rush but your money will be there when you need it. I ‘day traded’ prior to the tech bubble burst and quadrupled my portfolio in 2-3 years. Then I lost 2/3 of it (on paper) in 2 weeks. I was lucky and most of my stocks recovered but it was still a painful lesson.

RaceBannon

You need an guy in the know

YellowSnow

RaceBannon said:

You need an guy in the know

@Tequilla ?

YellowSnow

RaceBannon said:

ISAFNRC. @Swaye ?

2001400ex

USMChawk said:

2001400ex said:

PostGameOrangeSlices said:

Dont short anything unless you really know what youre doing

Don't need to. Buy a 3 times leveraged bear etf.

Go ahead and hand that loaded gun to the child, what’s the worst that could happen?

https://www.fool.com/investing/2017/06/25/3-triple-leveraged-etfs-and-why-you-shouldnt-buy-a.aspx

Don’t try and time the market; Wall Street is full of professionals who’ve failed at that very thing. I’d recommend you buy diversified mutual funds and be patient. They’re not sexy and won’t give you that rush but your money will be there when you need it. I ‘day traded’ prior to the tech bubble burst and quadrupled my portfolio in 2-3 years. Then I lost 2/3 of it (on paper) in 2 weeks. I was lucky and most of my stocks recovered but it was still a painful lesson.

The trick is to find the right downturn.. There was a market correction in 1998. It would have sucked to have sold then. But you don't seem then because you need to see the rest of market indicators be shit. Just like there was a 10% correction this year. But the rest of indicators, such as GDP growth and unemployment are good.

I put most of my retirement in cash in 2008. A little over half. My fuck up was I waited until October 2010 to put my money back in. The Dow was around 9,500 when I put it in. Should have done it a year earlier but still better off than if I left it in the market the whole time.

Swaye

YellowSnow said:

RaceBannon said:

ISAFNRC. @Swaye ?

I imagine that scene as the bones of white devils.