Jesus... who do you believe?
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wrote on 10 Dec 2021, 18:03 last edited by
Inflation... Fed tapering/rate hikes... yada yada yada. Who knows???
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wrote on 10 Dec 2021, 18:49 last edited by xenon 12 Oct 2021, 18:50
Depends on which effect is stronger.
The rate hikes should tamp down inflation - but will depress stocks. Inflation, on its own, will tend to inflate stock prices.
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wrote on 10 Dec 2021, 19:27 last edited by
These guys spend half their lives telling us what is going to happen, and the other half explaining why it didn't.
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wrote on 10 Dec 2021, 19:45 last edited by
The answer to the question is "yes."
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wrote on 10 Dec 2021, 19:49 last edited by
@kluurs said in Jesus... who do you believe?:
The answer to the question is "yes."
or possibly "no".
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wrote on 10 Dec 2021, 19:50 last edited by
Inflation, if figured by 1980 standards, will be 15% this year. There can be no Volkman approach, because the economy wouldn't even generate a dead cat bounce if interest rates were raised enough to tamp down the inflation.
I darn sure would stay out of the bond market, and a lot of NASDAQ-type growth stocks. And I'm not going the cryptocurrency route.
Blue chips, gold, real estate, at least for me.
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Inflation, if figured by 1980 standards, will be 15% this year. There can be no Volkman approach, because the economy wouldn't even generate a dead cat bounce if interest rates were raised enough to tamp down the inflation.
I darn sure would stay out of the bond market, and a lot of NASDAQ-type growth stocks. And I'm not going the cryptocurrency route.
Blue chips, gold, real estate, at least for me.
wrote on 10 Dec 2021, 20:21 last edited by@jolly said in Jesus... who do you believe?:
gold
Gold confuses me. It's supposed to be your classic inflation hedge. I was going to buy some earlier this year - but didn't because I couldn't see a pattern.
It's actually down from where it was in Dec/Jan.
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wrote on 10 Dec 2021, 20:26 last edited by
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
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If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
wrote on 10 Dec 2021, 20:37 last edited by@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
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@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
wrote on 10 Dec 2021, 20:42 last edited by@horace said in Jesus... who do you believe?:
@doctor-phibes said in Jesus... who do you believe?:
If there's one thing I've learned in the last 15 or so years, it's don't come here for financial advice
I was pumping apple here three years ago when it was trading at $37 (split adjusted), now it's $178.
Sure, and other people would be saying 'DON'T INVEST IN STOCKS, WE'RE ALL GONNA DIE!!!!!'
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wrote on 10 Dec 2021, 20:45 last edited by
It's perennial advice to stay away from tech stocks, but it's also historically bad advice, but for the tech bubble where unprofitable companies did what any unprofitable company always does, go bankrupt.
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wrote on 10 Dec 2021, 21:01 last edited by
Heh... S&P 500 just closed at an all-time high.
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wrote on 10 Dec 2021, 21:05 last edited by
@improviso said in Jesus... who do you believe?:
Heh... S&P 500 just closed at an all-time high.
So did juggernaut AAPL! AAPL has around 5x gains since 12/10/2018. S&P has around 2x gains. So much for how hard it is to beat the market... if one chooses a solid stock, accepts risk, and concentrates ones money.
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wrote on 10 Dec 2021, 21:09 last edited by Improviso 12 Oct 2021, 21:09
Never owned any apple products. Never liked their closed architecture policy.
But I did own AAPL some time ago. Paid for my pool with the profits. The grandkids LOVE it. It was worth it to me.