/biz/ - Business & Finance

I'm 21 and using all spare cash to accumulate. I don't care about making it for now, happy to work for a while knowing I have comfy investments accruing value in the background. Since I don't plan to sell any stocks/crypto I buy for AT LEAST 20+ years, I'm talking long, long term plays - things likely to stick around.

So far I've been accumulating:

- Global all cap Index funds (accounts for other contries becoming major economic players e.g. china)
- S&P 500
- Nuclear energy/Uranium Index funds
- Semiconductors/tech commodities
- Commodities e.g. wood, steel
- Bitcoin
- Ethereum

>>53590760
let me guess
>daily volume $500

BTC is down 47% YTD. Do you really think we’re going higher before we see new lows?

That's it.

>googl operating loss larger than expected
>ads were up instead of down so it's okay :)
Doesn't that mean the company will be more fucked when ads go down next quarter? What is the reasoning behind being happy that google is sucking, but not in the ways you assumed they'd suck, when they still suck.

>>30445609
Yes, futures are gonna go green overnight, then tank to red at the last minute and dip harder on open. I've seen it many a time.

>>30428822
Nice. I bought the Thursday dip and sold the Friday rip. Cheers and good luck!
>>30428948
I don't have the balls to hold SOXL over the weekend in this market

>>30356354
>you got a semi stopping by your place with barrels of crude oil
>you got a semi
>a semi
>semi
Bullish for SOXL! Heckin' BASED!

>>30352055
Common sense says no, but those dubs say yes!

>>30348399
I guess? I have a mortgage but my liquid cash exceeds the outstanding balance (thanks Elon Musk.) Also I rent out rooms.

Sorry I'm a noob with intraday and have never really played with inverse leverage, I missed my chance today for SQQQ and I regret it I just notice that it's pattern seems to be run up at open then pull back as a bit of upwards action happens with qqq then a slow rise the rest of the day to a higher close, when is the best time to jump in, the volatility scares me because I'm FOMO on one hand thinking it's about to pump like midday today but also feel adverse to buying at open because it's usually up at the bell (obviously I mean with these red days), so what is the best strategy here, should I get in at the bell in case of major dump or wait for qqq to rally somewhat on the way down, how are you anons trading it

>>30165538
Heckin' BASED!

>>29989289
Yeah, it's time to sell...
Covered calls!

>>29964265
ya d'espoir pour la France encore, même si quelques endroits semblent d'être l'afrqiue du nord, selon moi un américain, le media français n'est pas toute propagande gauchiste, les Français n'en peuvent plus, tu vas voir comment les choses vont changer, les européens ont un esprit different

>>29953283
>Boomerpop
Unironically based

>>29948251
So you're saying we've got 9 more years left in the semis bullrun?

B A S E D
A
S
E
D

>>29919783
Shamiko chan I want to fuck you while I whisper sweet stock picks into your ear

>>29910432
>>29910325
>Even Burry can't stop ARK-mommie

>>29884296
>covered calls
Based. How close to the current price are you selling your PLTR calls? I think it's a good opportunity because a lot of Redditors seem to think it's gonna moon but I don't think it will. So I think I'll sell them just three bucks over the current price two weeks out...

>tfw bought a rapidly-appreciating house in a gentrifying area next to a top Uni and rent rooms to cover mortgage
>got house at below free market prices because I'm technically low-income and there's a program to help low-income families buy houses in the neighborhood
>just refinanced my mortgage
Thanks Trump, thanks Democrats, thanks yuppies, and thanks wagies!

>>29863472
Why can't you just HODL SOXL? Are you buying on margin? If so that's an absolute chad move, buying leverage with leverage...

>>29862835
The thesis is that semiconductors are basically a commodity that both crypto and big tech need to function, so buying SOXL and holding would be like buying Standard Oil around the turn of the century.
And then there's the strategy of selling calls when it's at ATH for extra passive income, which can be reinvested during the dip.
Of course, there's always a risk of the whole market crashing, but what're you gonna do?

>>29846973
>mfw I'm already 68 shares in with a $50/ cost basis

>>29822285
Absolute chad avg cost.