gcgang
Thinks s/he gets paid by the post
- Joined
- Sep 16, 2012
- Messages
- 1,571
Limit order on BRK.B filled at $164. Got 2x in at $137. Closed at $162 today.
That's brave [emoji4]. Hopefully you're right.I'm buying hotel cumulative preferreds, and CEM. I believe this is all short lived.
I'm buying hotel cumulative preferreds, and CEM. I believe this is all short lived.
Geez, time to buy was Monday. Market up 8% right now.
My guess is you'll have another chance or two to "buy low".
My guess is you'll have another chance or two to "buy low".
IMHO I think most of the US will be going back to work in the next two-three weeks. COVID-19 peaked in 43 days in S. Korea and Italy. US is 14 days behind.
I just bought 100k in spy today at 222.80 hoping to sell it on a pop if stimulus bill passed. .
I just assumed the four you listed were individual stocks.
And not looking for a debate, but I am curious why you think now is a good time if you’re willing to share? Don’t know where the markets are going but it seems we’re far from the end of the underlying event(s)?
Saw the (I believe) Texas Lt. Governor saying he believes most seniors would risk death for the sake of their grandchildren having a good future.
I have not heard of the company but just looked them up. Looks interesting. They seem to be in a good space (medical and senior housing) which should be good for a long time. Without knowing anything I try to guess why it dropped so much more than the market as a whole!? If anything it seems medical should be good. You have any insight or thoughts on it?
As a Texan and a grandparent, my response to Dan Patrick's comment he's willing to die to improve the economy for his grandchildren is - you go first.
I've been picking up short duration, quality munis. The yields are at levels I haven't seen in a long time for bonds maturing in 3 months to 2 years. 3x-4x CD rates.
I just noticed that my AA had gone from the desired 42:58, to 35:65. So, I just forced myself to rebalance
Unless you're an active trader and buying and selling stocks to make short term profits, I just don't understand the wisdom of buying at this moment for the long term. Unless you have a crystal ball or you're attempting to time a bottom, wouldn't it be more wise to wait to see how this coronavirus thing plays out? My gut feel is that even with the government bailouts, we're headed for a big recession or worse, depression. I'm not criticizing your decisions to buy just trying to understand your logic.