2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
I think Elon is playing games right now. He says he’s selling all of his Shiba to buy Doge, but I think he just wants to tank SHIB to buy back at a cheaper price and control a huge chunk (SHIB is not infinite like doge).
RIP.
You'll have days like that... mine was $LMT earlier this week. Thankfully, $AUPH is in buyout speculation so I could wipe away my tears with a money printer.
I don’t know if you have access to AppleTV or not, but a good show to watch is Long Way Up. Ewan McGregor and a buddy take electric Harley Davidson motorcycles from the bottom of South America and ride them to LA. The crew that does the trek with them uses Rivians. It’s a great show because it displays the difficulty of the terrain, wonders of the environment and some pitfalls of EVs currently. Very cool.
I don't know about Rivian. If you just want an EV truck, Ford is making one for like half the price.
Just saw a video review of Rivians truck the other day and It looked like a pretty cool vehicle. Have you heard any info on an IPO for them or are you just saying to keep an eye out for one?
I'm not sure if any of these startups will be able to take on the likes of Ford or GM long term. I do think some have some good technology and could be good short-term investments though.
I’ve been sitting on it since 20. Probably will just ride for awhile. See what happens. Might add a sell limit just in case, but so far it’s made me happy.
Looks like Apple will continue relatively flat until the damn chip shortage is alleviated. Unless they announce some huge deal regarding a car or big partnership or acquisition I think it drifts for the next 3 to 6 months, but then definite upward.
Have been in this one for about 2 months. Been real good.
I'll prolly hit another unit of APPL late this month, if it hovers near its current state.
I need a bounce up to about 15 for ASTS. It always gets to about 13 and dips to 10. They are supposed to launching a satellite in Feb.
This market makes me so nervous. I'd like to retire in 10 years. Over the last 3 years my retirement savings has went up 25%, 18%, and 17% so far this year. If I could be promised 4%+inflation over the next 10 years, I'd take it in a heartbeat. Everything is overvalued but there is no where else to put the money. I think I'm just going to move the majority out of the S&P 500 and put it in a 2030 fund.
I agree. While the market has continued to rise there's a massive component missing: volume. If you look at the daily increases over the past several months it's being driven by incredibly low trading volume, which means that the huge volume-houses/traders aren't driving the price. I bought a "put" on VOO just trying to hedge in case something happens. My guess is that we'll see some big sell offs prior to close of 2021.
I am very concerned about this as well and am in the same timeframe as you. I worry this is the late 1920s and **** just collapses on us. Sooner or later **** like $3 gas and high heating bills and higher food prices will nail the economy as soon as the Fed turns down the go go juice.
10 years is a long time horizon. The market will crash and recover 2 times before you retire. I have a 7 year retirement goal, I am not sure I am changing anything right now. There is no where else to invest but the market when everything else pays 1% and inflation is 5%.
Considering institutions sell off positions in the red for tax purposes towards the end of the year, that is a safe prediction.
