Just looked at gold, silver, platinum, and rare metals. Only gold is worth consideration. The others have very poor performance.
OT: Stock and Investment Talk
- Thread starter RU-05
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Nay, Nay. Silver is the most underperforming asset on the planet. Time to buy is now.
Just reading your posts, it makes sense that you are more of a passive investor. I have been telling you about silver when the price was close to 16. It is now around 25. That is more than 50% increase.
+1
I'm not a market timer, but of a buy and hold for at least 6-12 months. Silver doesn't look like a good idea for that timeline. Thoughts?
Silver is very volatile and definitely not a buy and hold. I am of course speaking of ETF’s like SLV and not physical silver. Physical silver would be more of a long term hedge against collapse of currency. For long term investor sticking to plan of consistent investing is the best idea.
T - I am a buy and hold investor as well.
Bought most of my gold at $1,200.00 and silver at $16.00. Gold broke $2,000.00 today.
Gold and Silver could and probably will both drop back down as we muddle through a deflationary period. But once we go into hyperinflation mode, gold and silver will both take off. And, yes I am still into stocks long-term as well.
Bought most of my gold at $1,200.00 and silver at $16.00. Gold broke $2,000.00 today.
Gold and Silver could and probably will both drop back down as we muddle through a deflationary period. But once we go into hyperinflation mode, gold and silver will both take off. And, yes I am still into stocks long-term as well.
At yesterday's close, the SP500 p/e ratio was 28.42. This market is way over priced.
All things considered, a correction is due.
All things considered, a correction is due.
If you consider the fed and the retail investor I'm not sure if that is true.
Beat me to it 57% increase over the last 3 months, I've been in on 33% of that move.
There is some thought that silver has more room to run then gold does. But in general if precious metals are a play against inflation, and we are currently pumping tons of new money into the economy........
So I have had 2 stocks recently beat quarterly earnings estimates, only to see their stock price tank on the news.
EHTH and APT.
In each case I have strengthened my position on the stock. EHTH I was previously looking to get out of and will once I get a bit of a rebound. The latter, though a micro cap, makes PPE and home building supplies(kind of like a tiny 3M) they seem very poised for the covid, and imo, the post covid economy that I see them as a long term play.
Still these moves post earnings has me scratching my head.
EHTH and APT.
In each case I have strengthened my position on the stock. EHTH I was previously looking to get out of and will once I get a bit of a rebound. The latter, though a micro cap, makes PPE and home building supplies(kind of like a tiny 3M) they seem very poised for the covid, and imo, the post covid economy that I see them as a long term play.
Still these moves post earnings has me scratching my head.
One more thought regarding pharma's in the Covid hunt.
If you consider insider trading a signal.
MRNA has been selling like mad(goes back as far as November)
PFE sold a bunch early in the dip, a little bit since.
Gild, a bunch of sales post dip.
VXRT a huge sale in July.
SRNE, one big buy in March, no sales on record. Been on a great run since May.
If you consider insider trading a signal.
MRNA has been selling like mad(goes back as far as November)
PFE sold a bunch early in the dip, a little bit since.
Gild, a bunch of sales post dip.
VXRT a huge sale in July.
SRNE, one big buy in March, no sales on record. Been on a great run since May.
Retail "investor" = "trader." Heck, today you can even buy a "slice" of a single share. As for the Fed, they've propped up the economy all they can. Debt traps for zombie-like companies with dismal prospects. Lots of failures coming. Pretty sure "things" will go south sooner than later.
But things are south now and the market doesn't care.
And I should have said the recent influx of retail investor's. If those guys are determined to stay in, then again, I'm not sure a big dip is a given.
Remember too this run has happened with a ton of traditional fund money sitting on the sidelines.
My best performer continues to be:
Fidelity Growth Company Fund - Class K
FGCKX
+37.7% YTD
I got in post dip, but my best is Nova, up 139%.
I sold some of my Gnus at 100% increase and some near 200%.
Overall I'm up around 31%.
Which funds have been your biggest laggards?
My Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) is still 3.5% underwater YTD. This moves pretty closely to the Dow.
Lots of S&P 500 and Russell 1000 indexes, which are all now YTD positive. Our main bond fund BIV is doing very well (compared to indexes).
Several other growth funds and ETFs are doing nicely, up around 15% YTD:
IWF
T. Rowe Price Blue Chip Growth Fund (TRBCX)
A few other 401k specific funds
Wait for the Amwell IPO. If you are lucky to get in via your brokerage then that might be the way to play it.
I was on the Board of Sharebuilder.com in the ‘90’s. They were the first to offer fractional shares where you could buy, for example, $100 of xyz company and that was some multiple or fraction of shares. They were acquired by INGdirect about 15 years ago. Your point is well taken, though. Lots of day traders that remind me of the ‘90s. I wish them luck but urge them caution.
My gut instinct tells me to get out of the market and by that I don't mean stock funds, i.e., 401(k)s and IRAs.
I did alright over the past few months doing some buying and selling. I took my profits today and put it into silver.
I agree with the poster who said silver has room to grow and is undervalued.
I did alright over the past few months doing some buying and selling. I took my profits today and put it into silver.
I agree with the poster who said silver has room to grow and is undervalued.
I had that with Microsoft, and obviously held. But then Disney beat expectations and went up 5 percent in after hours. I decided to sell since I don't think anything hot is coming out of disney soon, and of course it went up an extra 5 percent since I sold yesterday.
domestic markets, almost without exception, are incredibly overvalued, The market price setting mechanism of equity and fixed income markets is broken, and we are left with socialized risk and Federal Reserve mandated returns. the speculative nature of market participants today is reminiscent of 1999. It is a time for extreme caution. AK - I realize you know all of this.
Until the Feds change their QE behavior and interest rates start going up, the market is the only place for most people to put their money. It's really that simple. Make sure you are in the market once the first successful vaccine is approved.
Also, growth stocks are booming because their businesses are booming.
That’s is false. It assumes that growth of capital should be prioritized over preservation, and ignores the very measures needed to make that determination. Generally, valuations reside somewhere in a middle ground. That is not the case today. It also presumes the only equity market available to retail investors is the US. This too is false,
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The equity market or essentially under your mattress are the only options for most people. Unless this changes, the market will keep going up.
Again, false and incorrect. Low yielding USTs have actually increased in market value as rates have declined, delivering holders a reasonable risk adjusted rate of return. Equity markets exist outside the US, and many offer far better return potential given growth potential and attractive valuations. I suggest you educate yourself on such matters before making declarative statements,
The vast majority of people don't think about USTs (and those rates still blow). Reread my post:
"The equity market or essentially under your mattress are the only options for most people. Unless this changes, the market will keep going up."
International equity markets have been in the toilet for years.
whether they, or you, are aware or not, investors in domestic fixed income securities benefit when yields fall as the price of their holding increases. if you own a fund invested in high grade US corporates, a meaningful portion of your return has come from a decline in USTs across the curve.
Purchasing growth at reasonable multiples is a feature of several non- US markets. Your blanket declarative statement that non US equity markets have been in the “toilet for years “is, first, incorrect, and second, wrong minded.
I agree with you. Silver is undervalued and should go up in the next few months.
Over the past 5 years international equality markets have blown (i.e., flat or down). Large cap global, emerging, pacific, etc. All crap compared to the US markets. If you want to cite some tiny subset of global that's fine, but that's not realistic for normal investors.
First, your declarative statement is again inaccurate, but let’s leave that inaccuracy aside. Are you investing over the last 5 years, or for future returns? Perhaps the worst rational for investing in anything is “because it’s gone up.” The logical equivalent is “avoid because it’s underperformed.” Good investors don’t chase past outperformance ever its own sake, they approve value, and underperformance in the past is gnerally where you’d look for better prospective returns, in this case, the values overseas are far more compelling and more likely to outperform US markets.this is due to valuation first and foremost.
I dumped most of my international exposure 3-4 years ago. Great decision. I'll keep an eye on things, but no reason to jump back in yet.
What you did 3-4 years ago is not relevant to what is the best course of action today. And I’m not really interested in what you will do, but I am interested in providing people with a point of view that is more likely to bring better performance.
Stocks often drop on the news - can be a great time to buy a company you believe in.
Before the pandemic downturn, I had a portion of my portfolio in funds focused on dividends, S&P 500 equal weighting, low vol and value. I thought these would help me ride out the financial storm. Nope. Each of these funds got crushed. I dropped them in March and April - it was clear early these weren't going to work. Tech and large cap growth - champs before the pandemic, and even stronger riding through.
+1
Moved more into growth funds/ETFs a few months ago and it has paid off. Those businesses are crushing it, not just speculative stock prices, but actual business results, which is why their near time future is still positive. There are winners and losers during corona. These are the winners.
Jobless claims come in better then expected. Extended hours went from -$150 to just about even.
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