ARKK - 25% ASX:ASIA - 25% Remainder 50% is invested in ASX banks which are absolutely mooning atm. I predict they'll run out of steam by Christmas - when they do I'll find somewhere else to go. I want to keep about half my allocation in boomer stocks as they recover. Portfolio is at 210k atm, hoping to get to around 300k within a year. Looking to get to a mil within 5 years.
SELLING ON GOOD NEWS. FOMO because of the vaccine, waiting for Pfizer and Moderna to file for emergency use authorization. Buy cheap now, sell expensive when the vaccine is there. It will happen this or next week. And that's when there are no more buyers left and the market is tumbling down. Right now everybody moves on memes and dreams. You need deep freeze infrastructure, and you get two shots, three weeks apart. They won't make a dent this year. Airlines and agencies back to march levels. SELLING ON GOOD NEWS.
Thoughts on BABA's recent performance and Ant? It was holding me off but I bought in today thinking that maybe it's a good thing given I predict it'll bounce back hard
Thinking of getting into this, have about 30K to invest but dont really have a clue what I'm doing so just lurking threads and messing around with practicemoney to see if I can make a profit.
Andrew Gutierrez
what cheapies will you be buying for the coming months?
Are you Australian? If so look into banks like ANZ and CBA. I would avoid Suncorp and NAB. Apparently regional banks are mooning even harder but I wouldn't know. Look into the borning cheapies and ride them for a few months. Do lots of research, also think about non-shit ETFs with high growth. Avoid meme stocks unless you don't mind losing 50%. I made a lot off of that black-owned meme bank a few months ago and immediately sold. Don't hold onto this stuff for more than a day.
What if China exit scams? China, as a whole. All of it. What if China looks at global growth, sees that it isn't nearly what it was in the 2000s anymore, and comes to the perfectly rational decision to close their market again? They're far richer than they were when they joined. They'd be literally selling the top. It would devastate the American economy but China wants to look inwards for consumer markets anyways.
Fucking DFEN. They had a large position in Boeing for months and months of the drop, then when it's at it's 6 month low in Oct they heavily scale back their position in it, while it's only gone up since then. Fucking cooks, I swear. DFEN should be at 20.
Michael Wilson
Chinese would revolt after that as they are now accustomed to a certain quality of life. You can't just take it away and expect them to just deal with it. Also, China imports a shit load of food. They can't just close up. They would also lose all their political power instantly.
Caleb Mitchell
What's the safest stock for 2021? I need a large part of my money later during the year and I cannot be down -20% or smth. KO is already up too much. Maybe Shell?
I don't trust the global market too much, so no VWRL or s&p
Jaxon Harris
Yeah. But i still will quit if i make it.
Asher Lopez
Bought a new wool coat to replace my seven year old jacket. Gotta be honest lads, I'm looking great.
China is not some hive mind. China is a feudal system where half the rich kids study in London and Boston. The whole elite has no interest in China beyond the preservation of their own status and wealth.
They will not start a trade war or anything with the rest of the world over some memes. They WILL do it if it is profitable for their upper class though, no doubt about it >Shorting Chinese memes He had it coming Inside me you are safe, piglet. You are... Family
Jaxson Smith
pick AAPL or MSFT retard.
Camden Wilson
China has a multiple thousand year history of suddenly deciding to close up. They have all the factories to make the cheap luxury goods like iPhones and Nikes that they've come to expect. America should recognize this as an actual possibility. It's hinted at in the latest Five Year Plan.
