A light at the end of the Tunnel?
The Space X IPO should lift the market.
In the meantime, I’d have 10-25% of my brokerage accounts in cash, waiting for deals.
The thing is, the market can fall another 30% or so.
So what I’m thinking is to sit on cash until the Space X IPO and possibly longer.
Burry, Gammon and Uneducated Economist see more pain ahead. My friend who introduced me to intraday trading says the Treasury won’t print til the last minute. I don’t believe the POTUS and Congress will do anything to stimulate the economy for the foreseeable future.
I don’t think the market will drop off all at once.
Continuing buying the highs and lows should be a good idea.
Besides Space X, I like ( and own) ASTS, DCTR, CCJ, PATH, ACLS and several other stocks and ETFs. I posted a graphic with 5 stocks and 5 ETFs here a week ago.
On the home front, organize your finances around higher gas and grocery prices.
In the movie, The Big Short, nothing means anything seems to be back today. Keep cash on the sidelines and apply extra cash to your mortgage.
Again, I wouldn’t count on a big short opportunity like in 2008.
Going to medical school might be an idea. But an MBA? No way. Instead, use this site for business and AI basics.
Have you read The Sovereign Individual? The political and economic chaos in our world could point to a new world emerging for valuable individuals.
The idea of citizens as wallets might come to a close before long. Look at Oregonians organizing to head off new taxes.
What I propose here is America organizing to for a DOGE dividend. Yes, a national ballot initiative.
Get together with people from your inner circle and people who contribute value in your forums and share what works and what doesn’t from experience in a closed MasterMind group.