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/biz/ - Business & Finance

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769668 No.769668 [Reply] [Original]

i'm trying to avoid killing myself by October 2015. can you guys help me at all?

pic related

>> No.769669

sell everything and buy amd
you can thank me later

>> No.769672

a 4% loss is nothing. I wonder how many of you /biz/ losers are going to an hero when you lose half your portfolios after the fed hikes rates

>> No.769673

>>769672
implying I havn't lost my 60k job and have been jobless living at home for the past 1.5 years

any tips? I have 5k in WMT and it was up 800 but then went down to up 15 so i sold it and bought zillow which i'm bullish on. I rode zillow up to 140 a share before and hoping to do that again

>> No.769674
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769674

>>769668
buy index funds that aren't actively managed

they seek to track an index like the Dow or Nasdaq, and are comprised of the top 500 or so companies that make up the US market.

When the US economy rises, so does your portfolio, it's simple and effective.

Buying an actively managed index fund is bullshit, they don't perform better for the what they charge you to trade stocks around, all you need is a trustee to make slight modifications over the long term with index funds.

>> No.769680

>>769673
I have two suggestions.

1.) Buy US Bonds. US government bonds will do well when global markets begin to panic from globally rising interest rates. This is a position that you will likely need to hold for a couple years to see good returns. You can take on more leverage with futures and see higher returns, but be careful with leverage.

China is about to have a property market crash like the US saw in 2008. Europe and China will devalue and the dollar will strengthen.

2.) Short the yen with the US dollar. Japan is printing enormous amount of money with QE and it will likely lose control of its currency and default. You'll need a forex account and again, be extremely careful to not take on too much leverage.

I hope you don't kill yourself m8.

>> No.769741

>>769680
>Shorting the yen

There's a reason its called the Widowmaker trade.

>> No.769742

>>769669
Why AMD?

>> No.769765

>>769742
Trust him bro.

>> No.769766

>>769668
just give me the money

>> No.769774

>>769742
>>769765
They're just going to push another shitty overclocked GPU that would cause a meltdown if not for its ridiculous amount of fans.

>> No.769807

Sell and move to cash. This summer bout to get ugly.

>> No.769811

>>769742
>>769774
http://arstechnica.com/information-technology/2015/05/the-tech-behind-hbm-why-amds-high-bandwidth-memory-matters/2/

>> No.769815

>>769668
Dat based Schwab.

Mug negro!

>> No.769816

>>769680
This advice sounds like some badass with a death wish would take and then come out at the end with a lit cigar and a big cut on his face bleeding and smile, flick that cigar and take OP's portfolio and watch it burn to the ground, then walking away in slow motion as money rains from the sky.

I mean if I had no income I wouldn't take that advice lol but it sounds really good actually seriously.

>> No.769828

>>769668
That is not suicide worthy, I am down 35% on a penny stock right now, fuck off OP! lol

Didn't you see the writing on the Wal_Mart?

Good solid stocks are going to be big luxury stores, Tiffany has gone up huge, what could be next is Nordstroms, I like Microsoft as the new Apple they have the Next Great CEO believe me, Ballmer is nothing compared to this guy,I like any meme restaurant, like if you ever hear of a place just buy it probably next Shake Shack.

People are into luxury goods, food and experience stocks, things that can upgrade their lives such as GoPro but maybe not GPRO but the next one know what I'm saying?

We have hit an interesting period in history where the zeitgeist is in experiences, long lasting high priced items, and away from cheaply made cheap shit from Wal Mart which is why thats down for you.

>> No.769838

>>769668
Your portfolio a shit.

>> No.769854

>>769669
AMD is all or nothing. They have a new GPU on June and Zen in 2016 which looks incredible. AMD might make it or burst into flames ;_;

>> No.769883

>>769668
>i'm trying to avoid killing myself by October 2015. can you guys help me at all?

I wouldn't worry about Google stock. It is going to go up in the long term. I mean, Google is building cars that drive themselves for God's sake.

>> No.769892

>>769883
And the motor companies are going to just let that slide?

>> No.769897

There was this one guy on /g/ whose wife bought out $2,000 worth of AMD shares at $2.30 or something like that. As of 12:50PM EST 5/29, it's $2.28, so it's not working out for them.

Nor is it working out for me at $2.33 entry.

AMD is either going to surge or go bankrupt.

>> No.769899
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769899

>>769668
you easily could have know as the warning of oil price droppings has been plastered all over the media for months.

Stop browsing /b/ and pay attention to what is happening in the world.

>> No.769919
File: 226 KB, 849x732, That+s+not+the+point+_39f0830d4949f753da0034f6135227b8.png [View same] [iqdb] [saucenao] [google]
769919

>>769680

>US government bonds will do well when global markets begin to panic from globally rising interest rates
>mfw

kek

also >>769838

>> No.769982

>>769673
The market is in a minor downswing. It's still above 18k, the only thing that's changed is the ridiculously easy free money we've all been making the past couple years has dried up.

Keep your holdings and ride it out. Get a job.

>> No.769997

>>769838
I think op was looking for constructive criticism...

>> No.770012

>>769997
Sell all of it and start a 3 fund portfolio.