the market is too big to fail.
I would hope the market does not fail. That would mean none of us get any money. I am looking for a market correction. The market goes up, and the market goes down... Actually, I am doing well with the market going up. What would really hurt me is if the market did nothing.
insider trading and insider knowledge for timing is what big players are into.
There is something odd happening these days. A group of retail investors are buying on the dip, but strangely enough buying on the pre-dip. So bad news comes out, they see that and realize it will probably cause a dip, so they buy. The buying happens before the dip, so there is no dip. In fact, there is a raise.
In other words, bad news is leading to the market going up. It cannot go on forever like that, but it is anyone's guess when it is giving out. There are too many factors to calculate that.
BTW: S&P 500 closed at 6,875.16 yesterday.
I bought a bunch of SPY 12/05/25 $645 Puts at an average price of $4.51. I saw it as a good buying opportunity.
You look at the rapid rise of the stock market, and use that as proof that the stock market cannot possible crash. I see a classical bubble and proof that the stock market must crash. Which one of us is right?
Stocks are totally out of touch with the realities of the current economy, but if the future economy has extremely strong growth, then you could be right. If we start seeing growth in the double digits, you will be OK.
Imagine if @Walt had been telling the truth? He'd be in a world of hurt right now.
My SPY 12/05/25 $645 Puts have gone up by 21.16%. My SPY 11/14/25 $645 Puts have gone down by 80.11%. I am definitely down in my unrealized options trades, but up in my unrealized mutual fund investments.
The great thing about a diversified portfolio is I really do not get hurt by much. And they are unrealized gains and losses, so any pain is just psychological until it isn't.
I did have a huge realized loss September 30th, but so many gains other than that loss that I am doing fine.
One of them types that guarantees 14% or your money back.
No one can promise you a 14% return. They will not give your money back. Some promise that they will not take a bonus unless you make 14%. That creates a situation where they win if you win, and if you lose, you lose alone.
A real job probably pays 3x as much, you know.
There is only so much of your own time to sell, which means there is a ceiling to how much you can make at a "real job". There is no limit on the amount of investments you can have, so no ceiling. Beyond that real earned income rises at an average rate of around 2% or less, whereas unearned income rises at closer to 10%. In the US, Taxes on unearned income are much lower than taxes on earned income.
I could go on and on why it is better to have unearned income.
You know what field has the most millionaires? School teachers. There are a lot of them, but also they tend to put away a bit in reasonable investments. Doctors spend too much, and take too many bad risks. There are a lot of nurses who really are doing well, in a quiet sort of way.
I do take risks, but only with the extra money. The standard investments are SWTSX, SWISX, and SCOXX, mutual funds representing a broad swath investments.
Home values are going to fall by about 25% at least.
It's all been propped up by illegals and EBT and Section 8 and things like that.
Your home value was propped up by illegal aliens and Section 8 housing? How poor are you that someone working in a field 12 hours for $50 can afford to prop up your home value?
You bet the numbers with your disability check which is why you are constantly being evicted - Jake.
With the legal lottery, does anyone actually use the Numbers Game anymore?
I am sorry to hear you got banned. From where, and was it permanent?
