Hey ur asking my question lol. Thanks for reposting the question.
Since im unemployed what percentage should i keep as cash? Asking cause if something causes the markets to dump (eg if stimulus doesnt pass next week) hard ill be btfo'd if im all in.
hello /smg/ !! how are you doing this evening what do you think about the futures what do you think about stocks for the rest of 2020
Kevin Wood
>how are you doing this evening I'm ok. Watched Iron Man, had a glass of wine. All is fine. >what do you think about the futures I think the future will be fine. I don't live anywhere near the niggerriots so they're quite entertaining to watch. All the police bodycam footage youtube videos have been pumping content like mad. >what do you think about stocks for the rest of 2020 very good. must buy. many such cases! we live in unprecedented times in the greatest economy the world has ever known.
What’s your feeling on CMPS? I bought before the top, a bit in red now, do I dump, hold or double down and lower my cost basis?
Bentley Cruz
I'm so drunk I don't think I can take myself to bed. I'm just glad I was able to make a new thread before my fingers forgot to cooperate. Godspeed, Iove you all.
Np fren I think ur strawpolls are cute and fun and give us stuff to actually talk about so is good.
>What percentage should I keep as cash? Personally I'd only keep about a third to half of my holdings as cash, and only then so I could sell puts to get a good buy in price and generate minor revenue while waiting to get back into the pool, but I guess it all depends. If you're REALLY worried, just stash shit in SPY or some divvie ETF for a while. But the whole point of having cash is so you can jump on opportunity.
Blake Collins
>a third to half of my holdings as cash o.o that's a lot
Cameron Hall
I'm just a newfag retard investor still getting outperformed by SPY, but I'm of the mind that unless you are 100% certain you can do something better with the cash you have in a losing stock, you're better off bagholding. Stocks can always turn around, but when you sell off you're confirming a loss that you may or may not then be able to turn into a profit. Why not just ride it out and not confirm the loss?
This is assuming imperfect knowledge, though. If you have clear DD that points to stock A that you want to buy outperforming stock B that you're bagholding, I can see the argument for it.
Elijah Ramirez
Sure, but we're talking about uncertain market direction. If I can't predict which way the wind will blow, why wouldn't I just take shelter?
Hunter Gomez
AAAÀAAAAAAHHHHHHHHHHHHH FUTUTES RED HOLY FUCK ITS OVEER ÀAAAAAAHHHHHHH
