Economic Collapse

Discussion in 'All Discussions' started by Dilly, Aug 24, 2015.

  1. Barry Cuda

    Barry Cuda Guest

    Also great choice for long term.
     
  2. Special Whale Glue

    Special Whale Glue Well-Known Member

    Oct 8, 2011
    Lawd Jesus, save me, for I can't save myself. Hollaluya!
     

  3. bagus

    bagus Well-Known Member

    Jul 13, 2014
    what else ya got barry you seem like you got some knowledge
     
  4. Barry Cuda

    Barry Cuda Guest

    A PIMCO bond fund called PONDX. Good for monthly dividends. But, as FED prepares to raise prime rates, the price per share may take a temporary hit. So buying into it now may be premature. Best to wait after the Fed raises rates, which has Wall Street spooked. The Fed SHOULD raise rates as the present rate is set at emergency level--no need to be there anymore; "danger" has passed.
     
  5. bagus

    bagus Well-Known Member

    Jul 13, 2014
    have a vanguard total bond market fund
     
  6. Barry Cuda

    Barry Cuda Guest

    a great choice as well.
     
  7. HARDCORESHARTHUFFER-RI

    HARDCORESHARTHUFFER-RI Well-Known Member

    Sep 17, 2013
     
  8. Barry Cuda

    Barry Cuda Guest

    Stock valuations are good enough to go on fundamentals. Any downturn will very short lived.
    Real Estate is in trouble for reasons OTHER than interest rates.
     
  9. HARDCORESHARTHUFFER-RI

    HARDCORESHARTHUFFER-RI Well-Known Member

    Sep 17, 2013
    fundamentals? are you insane? the QE injections have distorted the markets so intensely it is more akin to a casino with tiered player status. are you a HFT program? can you make 1000's of trades per microsecond? are you based in weehawken in a cooled chamber? no? then you are muppet getting fleeced.

    Im glad it is working out for you now Barry

    and why will RE take a dive other than interest rates? srs question
     
  10. yankee

    yankee Well-Known Member

    Sep 26, 2008
    We may not know the answer to your tread hijack attempt but it's pretty obvious who the van drivin' prince of darkness is, now isn't it insaaaaane one.
     
  11. LazyE

    LazyE Well-Known Member

    Aug 6, 2014
    [​IMG]

    That's easy He's even named Prince.
     
  12. yankee

    yankee Well-Known Member

    Sep 26, 2008
    VFIAX: set it & forget it, as the ol' saying goes.

    NVO: can't go wrong with a company that owns over 50% of the global market in diabetes meds / treatments (esp with the burgeoning middle classes binging on 'the signs of success' aka processed food & sugar-laden beverages = hello record levels of the incurable scourge: diabetes).

    Others: Raytheon, Google, Altria, Waste Management. And there you have it: invest in war, big data, cigs & booze and garbage.

    Still a lot of money pouring into CRE. New records being set every few months in several sub-markets in USA. DC just set another record for price-paid-per-square-foot.

    And that's not including the mass exodus of money from places like Brazil as thousands of Brazilians continue to snap up Miami res real estate;

    and the same with thousands of Chinese paying ever-higher prices for NYC res homes (and helping to create a housing shortage in NYC in the process).

    Despite ISIS & all the crapola roiling the planet, the USA still maintains the most powerful military & the wealthiest economy. Pretty simple formula for anyone (with money to invest) who is on the outside looking in: put it in dollar-denominated vehicles, and that includes CRE.
     
    Last edited: Sep 1, 2015
  13. Special Whale Glue

    Special Whale Glue Well-Known Member

    Oct 8, 2011
    [​IMG]
     
  14. nynj

    nynj Well-Known Member

    Jul 27, 2012
    Little pecker camp let out early today?

     
  15. BonerSurfs

    BonerSurfs Well-Known Member

    504
    Apr 14, 2007
    I basically trade oil and SPY futures for a living (as well as currency pairs). Just thought I should throw that out there.

    And also, if anyone wants to take stock advise from anyone on here, it should be from Yankee. Dude is an OG trader.

    I guess I should also add... Right now I'm shorting the S&P to 1855. And I'm shorting oil to $40 a barrel (got greedy, thinking it would tank to 30). Also long VIX and looking to reverse position in the coming days.
     
    Last edited: Sep 1, 2015
  16. Barry Cuda

    Barry Cuda Guest

    QE has indeed distorted markets. But that does not apply to all stocks. Please note- I did previously state go with dividend producing equities; not gambling on small techs, etc. I listed a few stocks good for LONG TERM, not short day trading.
    As for RE, there are some serious social issues at play right now on home owning. One prominently affecting the RE market is the millennial generation does not want to buy/own a home. Their jobs need them to be able to pick up and go. Also, the 2008 crash scared them from investing in a home. Millenials are the next generation up and coming expected to drive the RE market. If they do not go with buying homes, the low interest rate will not make a bit of difference to them. Hopefully that will change. But we need a new administration that has the brains to encourage that--the present one is idiotic on all matters financial; hopefully, the next one will do better. But there is no promise there, that is for sure.
    just opinion, not facts
     
  17. Barry Cuda

    Barry Cuda Guest

    On the NH seashore there is an old house, rather large, and very prominently situated, that used to belong to the Studebaker family (yes- the car company). It recently sold and was bought by a Chinese family who are not even immigrants. USA Beach house for them. So you are on target with your assessment.
    As far as I am concerned, the more the better. They won't surprise bomb us then. hahahaha!!
     
  18. HARDCORESHARTHUFFER-RI

    HARDCORESHARTHUFFER-RI Well-Known Member

    Sep 17, 2013
    eh, if the chinese do get uppity, I reckon USA will put the chinese in camps and confiscate assets like they did to japanese in the 40's
     
  19. aka pumpmaster

    aka pumpmaster Well-Known Member

    Apr 30, 2008
    or just nuke them...twice
     
  20. JayD

    JayD Well-Known Member

    Feb 6, 2012
    Nice....SIFS Inc. (Swell Info Financial Services) is going places. If your trading volatility can be your friend, if you are investing then time horizon is critical.

    There is much to digest in the markets with QE, the low interest rate environment and the slow global growth.

    If you own bonds, I would pay close attention to the duration of your holdings (try to have a low duration of 6-8 years). Also, given the low interest rates over the past 8 years, it has hindered "savers" (baby boomers) so they have all piled into dividend paying stocks in search of yield. Creates quite the conundrum for investors (not traders so much). The fundamentals on these stocks have reached the high end of their valuations due to this crowding.

    Something has to give and right now the equity markets are having a healthy pull back. And China, oh China would not care one bit about one of their expats owning RE in NYC if they wanted to bomb us....they are a Communist Country that manipulates every aspect of their global presence.

    The fed is in a very tough spot right now. I will be surprised if they raise rates in the next few weeks...although I think they should start to move away from the current policy.

    The main thing to watch for now is the double cross....