0

6y

Can you stop trying to quantify black swan events it’s impossible to predict anything and your Dunning Kruger is in overdrive with this bs this is not a simple financial a***ysis durrr hurrr Japanese stagflation lost decade durrr

donalddrumpf

6y

Even before this virus, there were projections of 1ish% growth for the year.

If you didn't think the stock market value was over-inflated idk what to tell you

You don't have interest rates under 2% in a "great economy"

VFT6VFT6

6y

A bit dumb when it comes to stocks, but with the market being low I feel like it could be a good time to invest? I have bought like $1000 worth off smaller company shares on Robinhood in the past and just sit on it, saw good growth at first and now I’m just a bit over even still. Have a decent sized savings account and would honestly be in it rn for a nice quick profit. Any stocks I should read up on and possibly invest in?

I work in oil&gas and the market is crazy low right now, but it always has its high and lows. It always bounces back. I’m sure after Russia and Saudi get over their little disagreement, things will get closer to $100/barrel. I was thinking of going that route.

0

6y

oil has real demand problems right now which will keep prices artificially low. most oil & gas companies are highly levered and have increasing debt purchases they cannot service. governments/banks are doing their best to triage but there is systemic risk here, especially in the USA

how familiar are you with the industry? you are right if you know what you're doing there will be a ton of money to be made in that industry but i would be very careful as 1 wrong investment could result in a $0 equity / bankruptcy

this does require actual understanding of balance sheets and how businesses operate, not sure what you exactly do for work.

yes the best time is to buy when things are lower as they are now, but i'd recommend scaling in what you want to buy. do not go all in on monday as there is still huge amounts of uncertainty in the markets

you are all still underestimating the risk of COVID, both headline as actual health risks to the energy industry

and also energy as an industry has seen horrible investment changes due to how popular ESG investing has become. many pension funds and hedge funds do not even buy oil companies in their portfolio anymore because of the environmental impacts... if there are no new net buyers of your shares this has a self fulfilling prophecy and downward spiral effect on the future

0

6y

Overinflated relative to what? Traditional history? Lmfao How can you say something is overvalued when you don't know what future earnings are? You're just so f***ing dense it's hilarious

And guess what? I've been posting about how stocks were "overvalued" since 2013 and it DOES NOT MATTER because of money printing. You would be a LOSING trader/investor with your dumbass mentality. It will continue to not matter either - really the only thing that stopped the BEST YEAR FOR STOCKS EVER was a black swan unpredictable event. And who the f*** knows if this gets stopped and we return to normal? Have you thought about that? Imagine that melt up with 0 forward earnings projections. Will you short then too?

Then it's your stupidity with your crypto hot takes. I have been in crypto for years and every crash it's the same talking points. And miraculously the markets recover every time. This is why investing can be hard for some because they are tricked by idiots like you into thinking their only option is taking a loss. If you don't have faith in crypto you should have never put any considerable amount of money into it. Those of us that know crypto is inevitable could care less about any of the fluctuations. Those of us who are able to look at the bigger picture understand that crypto isn't even in its infancy stage yet.

You're just a bottom feeder fear mongerer who doesn't even believe in the bullshit you post. At least have a backbone and short the top then. O WAIT ITS TOO LATE for that so better wait to buy the dip again at some arbitrary number you set.

VFT6VFT6

6y

Wow thanks for the very informative reply man lol so O&G is not the way I see. I just know I make a lot of money in the industry but now that I see what you have to say, it makes sense. Last year even some of the biggest companies reported 500M+ in losses. So yeah I think steering away from that route might be the best bet lol

Are you suggesting waiting until this pandemic dies down to get to investing? I was interested in possibly investing upwards of $5000 (which is a little less than 10% of my current savings account - not sure if that matters or if maybe I should look to investing less).

Besides the small investing I did on Robinhood, my only other investments have been in silver and gold (5 1oz gold bars and 3 100oz silver bars).

My mind state going into investing currently was trying to hit a low point in the market and maybe flip a quick profit (6mo-1yr if possibly) and just run with a decent profit. I’m also going to be investing in some retirement funds with some of the additional money I have saved over the last year or so.

throwawayokay

6y

didn’t robinhood run up all their credit lines a few months ago ? i mean they paid it back but imagine what’s going on rn

0

6y

Overinflated relative to what? Traditional history? Lmfao How can you say something is overvalued when you don't know what future earnings are? You're just so f***ing dense it's hilarious

And guess what? I've been posting about how stocks were "overvalued" since 2013 and it DOES NOT MATTER because of money printing. You would be a LOSING trader/investor with your dumbass mentality. It will continue to not matter either - really the only thing that stopped the BEST YEAR FOR STOCKS EVER was a black swan unpredictable event. And who the f*** knows if this gets stopped and we return to normal? Have you thought about that? Imagine that melt up with 0 forward earnings projections. Will you short then too?

Then it's your stupidity with your crypto hot takes. I have been in crypto for years and every crash it's the same talking points. And miraculously the markets recover every time. This is why investing can be hard for some because they are tricked by idiots like you into thinking their only option is taking a loss. If you don't have faith in crypto you should have never put any considerable amount of money into it. Those of us that know crypto is inevitable could care less about any of the fluctuations. Those of us who are able to look at the bigger picture understand that crypto isn't even in its infancy stage yet.

You're just a bottom feeder fear mongerer who doesn't even believe in the bullshit you post. At least have a backbone and short the top then. O WAIT ITS TOO LATE for that so better wait to buy the dip again at some arbitrary number you set.

0

6y

Overinflated relative to what? Traditional history? Lmfao How can you say something is overvalued when you don't know what future earnings are? You're just so f***ing dense it's hilarious

And guess what? I've been posting about how stocks were "overvalued" since 2013 and it DOES NOT MATTER because of money printing. You would be a LOSING trader/investor with your dumbass mentality. It will continue to not matter either - really the only thing that stopped the BEST YEAR FOR STOCKS EVER was a black swan unpredictable event. And who the f*** knows if this gets stopped and we return to normal? Have you thought about that? Imagine that melt up with 0 forward earnings projections. Will you short then too?

Then it's your stupidity with your crypto hot takes. I have been in crypto for years and every crash it's the same talking points. And miraculously the markets recover every time. This is why investing can be hard for some because they are tricked by idiots like you into thinking their only option is taking a loss. If you don't have faith in crypto you should have never put any considerable amount of money into it. Those of us that know crypto is inevitable could care less about any of the fluctuations. Those of us who are able to look at the bigger picture understand that crypto isn't even in its infancy stage yet.

You're just a bottom feeder fear mongerer who doesn't even believe in the bullshit you post. At least have a backbone and short the top then. O WAIT ITS TOO LATE for that so better wait to buy the dip again at some arbitrary number you set.

donalddrumpf

6y

Lmfao "this time is different"

What firm you work for or are you not even in the financial service industry?

donalddrumpf

6y

Lmfao "this time is different"

What firm you work for or are you not even in the financial service industry?

0

6y

you're the one saying "this time it's different" dumbass good luck with that

yeah im lucky enough to have gone to a top uni and have the big tech company work experience that you'd know by name

not like i give a f*** about any of that pointless s*** though lmao why you think i quit to do crypto full time stay mad b****

donalddrumpf

6y

You're right I am going to take financial advice from someone in tech. Should I also take medical advice from someone in the music industry?

0

6y

bro you have an inside understanding of O&G, invest in the good companies these next months and you'll make out pretty well. i'm no expert in oil companies but billionaires do exist so if you're good at investing your portfolio will do the rest

i always tell people to invest in what they know and with $5,000 is definitely a good risk reward given only 10% of your overall cash. spread it out and buy slowly too if you're nervous. $1,000 a week for example

you should def think about using that cash for something more productive than your savings account inflation will crush you long term

but besides that it sounds like you have a good head on your shoulders and are in a better position than most so just keep stacking and doing your thing. and also get some btc if you believe in gold of course

regarding market timing and the pandemic i can never advise you there, but for me on the societal side every day i'm getting more freaked out in the impact so that worries me.

volatility and fear are at all time highs, and this happened in only a few weeks. you have to know what you're getting into

0

6y

Overinflated relative to what? Traditional history? Lmfao How can you say something is overvalued when you don't know what future earnings are? You're just so f***ing dense it's hilarious

And guess what? I've been posting about how stocks were "overvalued" since 2013 and it DOES NOT MATTER because of money printing. You would be a LOSING trader/investor with your dumbass mentality. It will continue to not matter either - really the only thing that stopped the BEST YEAR FOR STOCKS EVER was a black swan unpredictable event. And who the f*** knows if this gets stopped and we return to normal? Have you thought about that? Imagine that melt up with 0 forward earnings projections. Will you short then too?

Then it's your stupidity with your crypto hot takes. I have been in crypto for years and every crash it's the same talking points. And miraculously the markets recover every time. This is why investing can be hard for some because they are tricked by idiots like you into thinking their only option is taking a loss. If you don't have faith in crypto you should have never put any considerable amount of money into it. Those of us that know crypto is inevitable could care less about any of the fluctuations. Those of us who are able to look at the bigger picture understand that crypto isn't even in its infancy stage yet.

You're just a bottom feeder fear mongerer who doesn't even believe in the bullshit you post. At least have a backbone and short the top then. O WAIT ITS TOO LATE for that so better wait to buy the dip again at some arbitrary number you set.

0

6y

Fed Panics: Powell Cuts Rates To Zero, Announces $700BN QE5, Unveils Enhanced Global Swap Lines