.

DeereClone

Well-Known Member
Nov 16, 2009
8,281
9,648
113
I’m aggressively moving cash/savings/money markets that I’ve saved up over the years (and likely should have just had invested in the market in hindsight) over to mutual funds and ETFs. I have moved a little bit every day pretty much, and so far that feels like the wrong thing to do, but I hope/think I’ll be rewarded longer term.
 

BCClone

Well Seen Member.
SuperFanatic
SuperFanatic T2
Sep 4, 2011
67,763
63,833
113
Not exactly sure.
Suggestions for stocks to buy for hold until July/August. Have a decent chunk hitting me tomorrow and with this much blood in the streets it has to be an opportunity.
 

cyfan92

Well-Known Member
Sep 20, 2011
8,243
13,106
113
Augusta National Golf Club
Suggestions for stocks to buy for hold until July/August. Have a decent chunk hitting me tomorrow and with this much blood in the streets it has to be an opportunity.

I love the opportunities right now with $PENN and $DEAC

Sports gambling with come very extremely strong when they start leagues back up again

*I'm not a fiduciary, don't just take my advise
 
  • Funny
Reactions: NWICY

goody2012

Well-Known Member
SuperFanatic
SuperFanatic T2
Aug 28, 2014
1,150
1,302
113
Energy stocks with high dividend payouts and solid balance sheets (e.g. Exxon) will be great buys long-term. They're getting hit from two sides with the virus and OPEC war. They'll bounce back hard when these are resolved.
 

dmclone

Well-Known Member
Oct 20, 2006
21,596
5,936
113
50131
I've left my 401k and IRA's alone (70% stock) but for my play money, I'm buying some BRK.B at $180.
 
  • Like
Reactions: bos

Gunnerclone

Well-Known Member
Jul 16, 2010
75,682
80,072
113
DSM
Reports have said after every pandemic situation, stock have came back to pre pandemic levels within 6 months.

The problem is if you feel like there are underlying issues that were there prior to the pandemic that could come out with the bath water. Also, for this pandemic, it seems like people “feel” it’s different. Whether it is or not, who knows, but sentiment can go a long way in how this shakes out.
 

dmclone

Well-Known Member
Oct 20, 2006
21,596
5,936
113
50131
NY Fed just made a move. Not sure what that means but a huge turnaround in the market.
 
  • Agree
Reactions: Doc

Rabbuk

Well-Known Member
Mar 1, 2011
56,961
46,117
113
Looks like 500 billion in repo payments, whatever that means. Market jumped but is kind of fading again.

Edit: its apparently a loan that is backed by treasury offerings as collateral... To increase liquidity
 

Help Support Us

Become a patron