3406
Comments (128)
sorted by:
You're viewing a single comment thread. View all comments, or full comment thread.
7
Equality72521 7 points ago +7 / -0

I expect Most stocks to start on a precipitous downward trajectory as we get closer to Jan 20th and beyond. Already restructured my financial portfolio to mitigate my risk of exposure to the markets. Everyone should be considering the personal implications of the dramatic tax hikes that are likely to be forthcoming.

2
rushball 2 points ago +2 / -0

any recommendations? trying to find a way for alt platforms but none seem open to the public.

2
Equality72521 2 points ago +2 / -0

My general approach is broad. I don't like to focus on individual companies. For the last 5 years, I have had a mix of 70% stocks (again mixed but mostly U.S. based) and the rest in bonds and MM. We saw >20% growth last year. Trump was a tremendous boon for the domestic economy that was only stunted by COVID. Now, with what I expect to be a downturn in growth I am moving to a 60% Bonds 25% Stock (mostly international) 15% MM. The idea being too slow the loss of any recent gains but still allow some growth depending on market fluctuation.

However, If I were looking at specific industries I like Energy and Energy tech, specifically new battery technologies. I like Tesla and Samsung but there are a lot of smaller companies out there with a lot of potential value if you like getting down into the weeds. A lot of biotech companies have huge potential. Other than that, I would consider cryptocurrency but only after the prices drop again. One of them is likely to be the primary cryptocurrency. I like Bitcoin simply because it has the most buy-in and it's been around the longest but Ethereum would be a close second for me.

Mostly, If you have access to a 401K with any matching funds make sure to take advantage of the full match. If you don't you are leaving money sitting on the table.

2
rushball 2 points ago +2 / -0

nice job fren, you seem like a very savvy pro. with or without trump i expect a collapse this year but dont know when. their manipulation of the market and the government fat being produced will im sure delay it for a time. yea, bonds seems to be where people flock to in times like this. those cryptos are way too pricey for me. was thinking this etf called blok that includes bitcoin as a possible alt way of going about it. a battery one called batt is another being considered. so i guess theres just no real way to dive in any of these alt media platforms that are quickly becoming the resistance. a shame.

2
Equality72521 2 points ago +2 / -0

Yeah, trying to time the market is tough. If that were easy we would all be gazillionaires - lol. I could miss out on a few months of growth by moving my investments earlier than I need to but I'm at an age now where I need to start protecting what I've already got more than I need to add to it. If I were a lot younger I would be willing to take on more risk.

If you really want to know where the growth is going to be in emerging social media tech watch what pre-teens and teens are using. If TikTok suddenly makes an offering I'd look to jump on that.

The tech giants' blatant censorship is an assault on our civil liberties. We can only hope that a civil case eventually produces a big win which in turn forces them to change their behavior because, as we have seen, the criminals on capital hill sure aren't going to do anything about it other than quiz the android and the love guru.

2
Smooyaysnoose 2 points ago +2 / -0

I foresee this coming too. A “stock market crash” because of Donald Trump’s “coup”

1
Equality72521 1 point ago +1 / -0

Makes sense that will be the narrative.