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  • LAVA Moderator: Shinji Ikari

the market: stocks, bonds, options, whatever

I've switched to long term hold in projects I think will continue to thrive. Every time I try to time the market and catch rides up, I get fucked. Well not every time, but usually those moves end up being bad for me. If I had just held everything I've ever bought in crypto, I'd be way up, instead it's been a series of moves to try to just get back to where I started. And also you pay a lot more taxes if you hold something for less than a year.

The volatility of crypto makes it really easy to get wrecked in the swings if you trade.
 
ions said:
Once I'm in, I'm HODL. May cash in some BTC at 100K, other than that, it's going towards property. I'm feeling a hotel bar, but that's a lot of upkeep. and a big step ahead from staring at a computer screen and drinking all day. I had a name for it, I forget.
Click to expand...
I went from the Hotel/Bar business, to the Screen and drink all day, The latter is Harder Lol LOl
 
I would gear the hotel/bar out here towards BLers. Like a pilgrimage for marijuana and psychedelics. Just gotta get through some law and the paperwork. @Iceman1216 Maybe you could give some pointers if the time ever happens.
 
Guys , for a man who left the street 30 years ago, because of an Addictive personality ( Was fun yes till friends died at there trading desk) I am getting more and more taken in to the Crypto markets??
I do not understand them, and scare me as to the stability of a totally digital investment with No Govt backing??
I was taught in Business school that since the Romans Money has always been protected by the point of a spear or the barrel of a gun.
This is part of our Huge military budget, and the dollar still the world currency.
China is following this all model, they do not want any more land or people to manage, but a huge military will strengthen there currency on the world stage.

when I figure out HOW to get in crypto , I will take the $$ I take to the Idians and gamble away on Blackjack, and invest behind you guys. With fuckking Covid and Casinos no more fun, what not.
It looks like a class A ride, never boring , Thanks
Ice
 
Added 100 at 19.25 to the 100 I bought Monday at about the same price. I can't ignore the revenue growth.
 
Damm Boy!!!!!!
LC is interesting???
I can not see a substantial reason for that drop?
I have been out of the markets for 12 years, I got cancer in Feb of 08, and was using a great deal of leverage on my portfolio. In a blink of an eye { maybe a little longer] of not paying any attention to anything other than was I going to live , and how to make thaat happen!! I got wiped out and the pleasure to write a $4,600 check and close my accounts !! Ouch.
But I Lived , so all is well
just touching my toe in to the pond again, Kids school paid for, has a job, and a place to live in the city.

But OMG, it a whole different world now!!
I will buy 100 shares
and look at the other of your suggestions, and learn how to purchase some crypto :no:
 
Canadians who use Scotia Bank can maybe buy this and not U.S. citizens, but, AESO is coming back, and will go up. OTC application just accepted, so now filings will be submitted, then it'll get a stop sign, then when filings are accepted/verified it'll go Pink Current, then a merger can occur. I don't think anybody in the U.S. can buy right now, until it goes pink current.

Filings will show up here: https://www.otcmarkets.com/stock/AESO/disclosure

 
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I sold most of my savings out of the market last week. It's an ugly-looking environment out there for risk assets, so I'm just going to wait around and take the inflation loss until the outlook for equities improves. It's not even worth being in the money market until the central banks hike. I'll keep my RRSP (equivalent to American 401(k)) money invested because I'm not touching that until I'm old.

I've been looking into buying corporate bonds, but there don't seem to be any brokers in Canada with reasonable commissions unless you're buying huge amounts.
 
Looks like a clear bear market. We don't have huge drops that are followed by mid day rallies which are followed by huge drops in a bull market. Dow futures down ~400 points right now. Wonder how long this lasts. What should we buy
www.cnbc.com

Pre-Markets

Where the stock market will trade today based on Dow Jones Industrial Average, S&P 500 and Nasdaq-100 futures and implied open premarket values. Commodities, currencies and global indexes also shown.
www.cnbc.com www.cnbc.com
 
Cardano is garbage

i say keep an eye on AVAX to drop lower - that was 120 on Dec 23rd and it's 66 now....that should go right back up when things calm down
 
It has only been disappointment. It's like a coinbase tax, having to buy more coins that don't perform. It's ok tho. All economic signs point to turmoil.
 
Mr. Krinkle said:
Cardano is garbage

i say keep an eye on AVAX to drop lower - that was 120 on Dec 23rd and it's 66 now....that should go right back up when things calm down
Click to expand...

I think Cardano is a good long term hold. Lots of institutional money and their ecosystem is finally happening (after way too long, admittedly). I am staking (delegating they call it) my supply in a pool that is participating in the Sundaeswap ISO right now (the ecosystem's Defi exchange that is just going live finally).
 
Thanks guys!! This is so much more fun to read than withdrawal agonies !
I can relate with the agony < but this is more fun.
I am so fucking busy in my real life that, I can only view from the sideline. With no knowledge of how any of this crypto works, I have a huge,{and most likely $$$ learning curve, always is}
cold as shit in NY , but wait, some of you guys and girls are from Way up North??
 
I have a 401k through a company I worked for 10 years ago. I’m thinking about rolling it over into another account. Does anyone have advice about good investment companies and what kind of account I should roll over to? Ideally I’d like to have one I can contribute to. I really have no idea what I’m doing.
 
OK, guys/girls,
Please read below and walk me back off the cliff to not Sell Short Apple and Verizon ( I am in US)

www.nytimes.com

The Battle for the World’s Most Powerful Cyberweapon (Published 2022)

A Times investigation reveals how Israel reaped diplomatic gains around the world from NSO’s Pegasus spyware — a tool America itself purchased but is now trying to ban.
www.nytimes.com www.nytimes.com
 
Iceman1216 said:
OK, guys/girls,
Please read below and walk me back off the cliff to not Sell Short Apple and Verizon ( I am in US)

www.nytimes.com

The Battle for the World’s Most Powerful Cyberweapon (Published 2022)

A Times investigation reveals how Israel reaped diplomatic gains around the world from NSO’s Pegasus spyware — a tool America itself purchased but is now trying to ban.
www.nytimes.com www.nytimes.com
Click to expand...
Damn, it won't let me read it without signing up. I'll try to find the story elsewhere this weekend and read it.

Going to spend time this weekend trying to find inverse ETFs or stocks/ETFs to short related to Ukraine in case their economy crashes.

"Business in Ukraine is becoming more and more difficult to insure. Indeed, underwriters are staying away from the country. And without insurance, there’s no business. Even without sending a single soldier across the border, Russia could make Ukraine’s economy tank."

foreignpolicy.com

Russia Can Win in Ukraine Without Firing a Shot

If the Kremlin can make Ukrainian businesses uninsurable, it will destroy the economy.
foreignpolicy.com foreignpolicy.com
 
$EVCI should be good to buy here in the .30s, or maybe .20s if lucky. Has a low share structure (under 5.2M) and now audited financials. Applying to uplist to OTCQB. No merger announced yet like LPHM has announced (very similar share structure of under 5.2M shares). Only $1.8M market cap here at $.35 pre-merger announcement.

$EVCI

OTC Markets | Official site of OTCQX, OTCQB and Pink Markets

www.otcmarkets.com www.otcmarkets.com

$LPHM

OTC Markets | Official site of OTCQX, OTCQB and Pink Markets

www.otcmarkets.com www.otcmarkets.com
 
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