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Is anybody short the market right now?

2

Comments

  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Dont short anything unless you really know what youre doing

    Don't need to. Buy a 3 times leveraged bear etf.
    Those decay. Do you average down on those etfs too?
    They decay and essentially reset in a bull market. In a bear market, they kick ass.
  • UWhuskytskeet
    UWhuskytskeet Member Posts: 7,113
    USMChawk said:

    2001400ex 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.
    Mutual funds rape you in their expense ratio and generally do worse or the same compared to ETFs.
  • oregonblitzkrieg
    oregonblitzkrieg Member Posts: 15,288
    edited July 2018
    2001400ex said:

    2001400ex said:

    Dont short anything unless you really know what youre doing

    Don't need to. Buy a 3 times leveraged bear etf.
    Those decay. Do you average down on those etfs too?
    They decay and essentially reset in a bull market. In a bear market, they kick ass.
    You'll lose money on it over time unless your timing is good. If you buy it (shorting the market) at the wrong time, it will just keep decaying. Better off not shorting the market at all, or using options calendars on SPY/IWM/QQQ. Get paid while you wait for a drop. Less risky, put them on when Vix is low, price can rally well past your entry point, and when volatility picks back up later, you can still be profitable even though price is higher than your entry point, due to the rise in volatility.
  • MikeDamone
    MikeDamone Member Posts: 37,781
    pawz said:

    What's the best way to do that?

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



    Axe hondo. He’s apparently a fucking expert.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    pawz said:

    What's the best way to do that?

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



    Axe hondo. He’s apparently a fucking expert.
    No chance.
  • Baseman
    Baseman Member Posts: 12,369
    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club
    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    Even Warren Buffett sells on occasion.
  • 2001400ex
    2001400ex Member Posts: 29,457
    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
  • Mosster47
    Mosster47 Member Posts: 6,246
    2001400ex said:

    2001400ex said:

    Dont short anything unless you really know what youre doing

    Don't need to. Buy a 3 times leveraged bear etf.
    Those decay. Do you average down on those etfs too?
    They decay and essentially reset in a bull market. In a bear market, they kick ass.
    Yep, when shit is more bleek than Memphis the ETF's shine. I made one last little play in the gold one for the election. Either way it's chaos and gold spikes. Hit that 24% and have been 100% out of the market since then and put the TSP in G on April 30th because May-Sep is always a shit show for fund backed vehicles.

    There are some oil ETF's that play well too. Buy and hold, whenever any kind of natural disaster happens oil jumps.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    edited July 2018
    dnc said:


    Gonna need BBQ superiority guy to weigh in here. Tatonka brisket, yay or nay?
    That was some deep dark shit there.

    Fuck. Never mind. Meant to reply to...

    Who fucking cares. FYFMFE.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
  • MikeDamone
    MikeDamone Member Posts: 37,781
    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.
  • ThomasFremont
    ThomasFremont Member Posts: 13,325

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Lemme guess...quality control?

    #420BlazeItFaggot
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Go on. Continue.


    My buddies own the top retail stores in your area. Who the fuck are you?
  • 2001400ex
    2001400ex Member Posts: 29,457
    pawz said:

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Go on. Continue.


    My buddies own the top retail stores in your area. Who the fuck are you?
    I get the feeling DaBoner is full of shit and didn't even realize I meant Canadian companies.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,025
    For every 100 cannabis stocks, 97 are going to tank.

    The 3% that make it wil be home runs.

    Big pharma and big beverage will control that sector eventually.
  • 2001400ex
    2001400ex Member Posts: 29,457

    For every 100 cannabis stocks, 97 are going to tank.

    The 3% that make it wil be home runs.

    Big pharma and big beverage will control that sector eventually.

    I think it'll be closer to 90/10. But that's exactly what I've said.
  • Kaepsknee
    Kaepsknee Member Posts: 14,913
    2001400ex said:

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.
    Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for
    $70 an ounce at some shops.

    When it first became legal,
    Prices were close to triple that. And until
    The Feds Open the Gates, This market condition is
    Not going anywhere.
  • ThomasFremont
    ThomasFremont Member Posts: 13,325
    An economics expert started this thread, btw.
  • 2001400ex
    2001400ex Member Posts: 29,457
    edited July 2018
    salemcoog said:

    2001400ex said:

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.
    Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for
    $70 an ounce at some shops.

    When it first became legal,
    Prices were close to triple that. And until
    The Feds Open the Gates, This market condition is
    Not going anywhere.
    Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.
  • oregonblitzkrieg
    oregonblitzkrieg Member Posts: 15,288

    An economics expert started this thread, btw.

    You're a socialist. What would you know about economics? Socialists are economics retards. Hth.
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    An economics expert started this thread, btw.

    I only understand the basics.

    But the basics are fundamental.




    We are still waiting for you to display any understanding.

    HTH
  • Baseman
    Baseman Member Posts: 12,369
    pawz said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    Even Warren Buffett sells on occasion.
    Buffett jettisoned IBM, a big loser —arguably a black eye for the Oracle who usually keeps what he buys.

    Over the past 40 years, Berkshire has averaged 20% growth YOY in book value, coincidently the same return investors who bought and held averaged, too. That’s doubling your $ every 4 years.

    If Berk paid a dividend, I’d buy. They don’t, so I won’t.

    Recognized dividend paying businesses, with deep moats. PEG’s at or near 1, lower the better.

    I don’t give a shit if the market tanks, thats the best time to buy. Higher yields, more future income.

    Fuck leveraged etfs. Fools game. Guaranteed losers long term.
  • ThomasFremont
    ThomasFremont Member Posts: 13,325
    pawz said:

    An economics expert started this thread, btw.

    I only understand the basics.

    But the basics are fundamental.




    We are still waiting for you to display any understanding.

    HTH
    We?
  • pawz
    pawz Member, Moderator, Swaye's Wigwam Posts: 22,427 Founders Club

    pawz said:

    An economics expert started this thread, btw.

    I only understand the basics.

    But the basics are fundamental.




    We are still waiting for you to display any understanding.

    HTH
    We?
    Yes.
  • uzi
    uzi Member Posts: 1,298
    pawz said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    Even Warren Buffett sells on occasion.
    Warrant Buffett doesn't ask for advice on a football message board.
  • MikeDamone
    MikeDamone Member Posts: 37,781
    2001400ex said:

    salemcoog said:

    2001400ex said:

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.
    Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for
    $70 an ounce at some shops.

    When it first became legal,
    Prices were close to triple that. And until
    The Feds Open the Gates, This market condition is
    Not going anywhere.
    Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.
    I didn’t walk. Still here waiting for a coherent argument. Yes, I’m in the industry. Not the retail side. And you need to think about what that is. I doubt you know.

    Also I’ve never touched the stuff outside of CBD oil THC free.
  • 2001400ex
    2001400ex Member Posts: 29,457

    2001400ex said:

    salemcoog said:

    2001400ex said:

    2001400ex said:

    2001400ex said:

    Baseman said:

    Buy great businesses that pay dividends. Reinvest the dividends. Buy more when opportunity presents. NEVER, EVER sell.

    MORL. 20 % dividend the 4 years I've owned it.
    Oh look. Hondo google highest dividend stock and claims he’s owned it for 4 years. Idiot AND liar. Abundance
    I actually have owned it for about 4 years. Got close to my money back. It is a 2x leveraged REIT tho. I'm worried at some point it'll slowly go down to zero. As it sells off the assets. I've mostly bought Cannabis stocks with the dividends, reinvested some. My Cannabis stocks haven't done the best.
    Cannabis stocks suck. I work in the industry. I own none and you’re a dumb fuck for buying them.
    Please to be explaining why I'm a dumbfuck. There are a few like canopy that are way overvalued. I have invested in ones with a small market cap, such as Nameste and Cronos. I was in Cronos before it was listed on NASDAQ. I do know the big ones have been leveraging with stock acquisitions too much. $6 billion in market cap is way too high. I am also invested in MJ which has a shit ton of stocks, even in Scott's and tobacco companies.
    Because supply grossly outweighs demand in the States where it is legal. You can now buy top shelf weed for
    $70 an ounce at some shops.

    When it first became legal,
    Prices were close to triple that. And until
    The Feds Open the Gates, This market condition is
    Not going anywhere.
    Did your even look up the stocks I was talking about? Clearly not. At least DaBoner walked when he realized he didn't know what he fuck he was talking about.
    I didn’t walk. Still here waiting for a coherent argument. Yes, I’m in the industry. Not the retail side. And you need to think about what that is. I doubt you know.

    Also I’ve never touched the stuff outside of CBD oil THC free.
    Ok explain why Canadian Cannabis stocks are an awful investment.

    And I smoke like a chimney when I can. Which isn't that often cause like life responsibilities and shit.