Stocks - The Best Buys 2

[Johnny199r]

The markets and the reality of the economy are currently at two extremes.

We have many people in our country out of work, barely getting by, or on the streets.

The markets, which are a vehicle for accumulating wealth for those with excess capital beyond their basic survival needs, are on fire and are increasing the net worth of a certain segment of society that have the capital to invest.

Inequality is being exasperated as a result. The gap is widening between the haves and the have nots.

I have lots of capital in the market. I am benefitting from this. However, the widening inequality of "recovering of the economy for some, but not all" is jarring.

[flamesfever]

nm

[Slava]

Originally Posted by Johnny199r

The markets and the reality of the economy are currently at two extremes.

We have many people in our country out of work, barely getting by, or on the streets.

The markets, which are a vehicle for accumulating wealth for those with excess capital beyond their basic survival needs, are on fire and are increasing the net worth of a certain segment of society that have the capital to invest.

Inequality is being exasperated as a result. The gap is widening between the haves and the have nots.

I have lots of capital in the market. I am benefitting from this. However, the widening inequality of "recovering of the economy for some, but not all" is jarring.

This is nothing new, unfortunately. We've seen this time and again.

And it's common that the markets are looking good while the worst news comes out in these scenarios. Rising cases/fatalities, but the markets look ahead to the vaccine and positive news coming down the pipe.

[flamesfever]

Originally Posted by Slava

This is nothing new, unfortunately. We've seen this time and again.

And it's common that the markets are looking good while the worst news comes out in these scenarios. Rising cases/fatalities, but the markets look ahead to the vaccine and positive news coming down the pipe.

Yes, I think it's generally accepted that the market tends to look ahead something in the order of 6 months. I think that's probably when the vaccination program will be in full swing in Canada, if not sooner.

[jayswin]

Originally Posted by Johnny199r

The markets and the reality of the economy are currently at two extremes.

We have many people in our country out of work, barely getting by, or on the streets.

The markets, which are a vehicle for accumulating wealth for those with excess capital beyond their basic survival needs, are on fire and are increasing the net worth of a certain segment of society that have the capital to invest.

Inequality is being exasperated as a result. The gap is widening between the haves and the have nots.

I have lots of capital in the market. I am benefitting from this. However, the widening inequality of "recovering of the economy for some, but not all" is jarring.

Originally Posted by Slava

This is nothing new, unfortunately. We've seen this time and again.

And it's common that the markets are looking good while the worst news comes out in these scenarios. Rising cases/fatalities, but the markets look ahead to the vaccine and positive news coming down the pipe.

Originally Posted by flamesfever

Yes, I think it's generally accepted that the market tends to look ahead something in the order of 6 months. I think that's probably when the vaccination program will be in full swing in Canada, if not sooner.

And in that same vein I strongly feel the market is going to be "looking ahead 6 months" sometime in the next 10-20 years where everything is seriously crashing and millions lose a huge chunk of their life savings because the ways of the West are crumbling, as the market goes with it and fails to recover like it always has. But that is likely a little myopic for the spirit of the thread and what we can possibly know.

But I definitely fear there will be a time with automation and erosion of Western dominance where a bunch of us younger people see a correction in our way of life and along with it a correction in the market that doesn't recover.

[Jason14h]

Originally Posted by jayswin

And in that same vein I strongly feel the market is going to be "looking ahead 6 months" sometime in the next 10-20 years where everything is seriously crashing and millions lose a huge chunk of their life savings because the ways of the West are crumbling, as the market goes with it and fails to recover like it always has. But that is likely a little myopic for the spirit of the thread and what we can possibly know.

But I definitely fear there will be a time with automation and erosion of Western dominance where a bunch of us younger people see a correction in our way of life and along with it a correction in the market that doesn't recover.

Why would an Erosion of western dominance crash the markets?

Asia has a lot of people and capital !

[jayswin]

Sorry, western based stocks that we are all heavily invested in!

[Mayo]

Originally Posted by jayswin

And in that same vein I strongly feel the market is going to be "looking ahead 6 months" sometime in the next 10-20 years where everything is seriously crashing and millions lose a huge chunk of their life savings because the ways of the West are crumbling, as the market goes with it and fails to recover like it always has. But that is likely a little myopic for the spirit of the thread and what we can possibly know.

But I definitely fear there will be a time with automation and erosion of Western dominance where a bunch of us younger people see a correction in our way of life and along with it a correction in the market that doesn't recover.

If the Western economies run into major trouble sometime in the future then with the way our monetary policy is currently focused (print print print) I think you will want you money in the market for the ride or else you will lose everything via hyperinflation.

Argentina's main index is up ~500% since 2016

[Jason14h]

Originally Posted by Mayo

If the Western economies run into major trouble sometime in the future then with the way our monetary policy is currently focused (print print print) I think you will want you money in the market for the ride or else you will lose everything via hyperinflation.

Argentina's main index is up ~500% since 2016

Or Crypto!!!

[Mayo]

Originally Posted by Jason14h

Or Crypto!!!

Ya, crypto is a tough one. Personally I’m avoiding it. But I also avoided Tesla for the last 5 years because I’ve continually thought it was over-valued

[Table 5]

If you're worried about hyperinflation and/or the way our governments are handling monetary policy, I don't see how you can't have at least a little bit of your portfolio in crypto. I see it much in the same way as gold..no need to go crazy, but 3-5%.

As for the erosion of the west, I think that's well under way and we're already in the midst of a wealth transfer eastward (which started as soon as we started shipping all our jobs over there to say a couple of bucks). The trick is trying to figure out how to stay ahead of it, and/or find ways to invest more over in that part of the world. I'm open to ideas!

[jayswin]

I was thinking of picking up a bunch of NIO stock at one point, kind of fell out of favour for some canadian stocks and I forgot to revisit it. $53 right now. Chinese Tesla make me a millionaire please!

[sa226]

I hopped on the SPAQ to FSR train at the right time.

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[Izzle]

Any interest in PLTR? It was picked up by Canada pension plan recently and has more than doubled it's price since DPO in September. Main costumers seems to be US governmental entities so revenues would be somewhat stable.

[Kiran403]

Originally Posted by jayswin

I was thinking of picking up a bunch of NIO stock at one point, kind of fell out of favour for some canadian stocks and I forgot to revisit it. $53 right now. Chinese Tesla make me a millionaire please!

I picked it up around $30 and thought I might have missed the boat but so far they are doing great. Their recent earnings report was positive so hopefully they can keep momentum going and keep delivering cars.

[Table 5]

Originally Posted by jayswin

I was thinking of picking up a bunch of NIO stock at one point, kind of fell out of favour for some canadian stocks and I forgot to revisit it. $53 right now. Chinese Tesla make me a millionaire please!

XPEV would've been a pretty nice play too.

[manwiches]

Been looking at some large caps into Xmas. Consider SPG. after the 95.5ish area, it has room to 120. I'm going to look at taking a position soon, especially if it can break that 95.5 zone. Might take a starter tomorrow and buy the dips over the next week.

Retail play. Likely a 1month swing. I have to chart fibs and time fibs on it, but just looking at the break and supply zone above and that gap is sexy af



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[manwiches]

Originally Posted by sa226

I hopped on the SPAQ to FSR train at the right time.

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Lol. I've had SPAQ/FSR in the 8s. No reason it should have gone there, if it wasn't for Milton messing stuff up for SPAC plays. What a great run yesterday. The AH action screams gap up tmw PM. I scaled a bit, but want more.



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[Samonadreau]

LSPD has been money for me since I bought in in May. Wish I put all my pennies in that one at the time. Now should I sell?, good at investing, not good at trading.

[jayswin]

Originally Posted by Samonadreau

LSPD has been money for me since I bought in in May. Wish I put all my pennies in that one at the time. Now should I sell?, good at investing, not good at trading.

Sell LSPD? I'm in on them as well and definitely not selling at $68. Their 3rd quarter revenue was incredible. Obviously none of us know anything, but I could definitely see them being a $100 company at some point.

I ended up buying most of mine at $33ish after knowing I wanted them at $20 and leaving it for awhile.