I have the vast majority of my wealth in Canadian dollars and our disaster of a government is printing money like it's candy. Where should I move it to protect myself from an impending economic decline? Stocks? (Seems bafflingly high right now, what if we're in a bubble?) Bonds? Precious metal? Some foreign currency? My initial plan was just pretty much all in on stonks (with a little bit in gold and crypto). Was planning: 22% / 45% / 33% - Canada / US / International in market-cap weighted ETFs. Thoughts? Should I add any bonds?
Hello please go to your local synagogue and tell them to add $30 strikes for MARA. Thank you.
Michael Ortiz
Keep it simple.
1/5 precious metals, 2/5 blue chip stocks (we might be in a bubble, but IMO it's an inflationary response: people know money bring printed en mass will mean inflation; ownership of shares is a relative safe haven), 1/5 whatever meme stocks you want/what SMG tells you to buy, 1/5 BTC
Nolan Nelson
you posted this last thread the maple dollar is doing fine, calm the fuck down and take your time
don't forge that the canadian economy has a shit ton of oil and miners canada gets away with printing money. Also you can't complain if you're gambling with your CESB/CERB cheques
I take no responsibility. What are you gonna do, cry about it?
Jaxon Roberts
I don't understand these meme at all. Stop posting it, it makes me feel old.
David Williams
I don’t get the rat memes and no one will explain it to me.
Leo Powell
i'm sure some deep OTM calls will be written in soon with price moving up so fast
Landon White
RIOT and MARA bros.... it’s time. The next few weeks is going to be the greatest FOMO of a generation
Zachary Anderson
stock picking is not keeping it simple, it has negative expected value unelss you are a hardcore expert. ETFs are much better.
Angel Nguyen
So holding stocks > holding cash, even now? If I'm pretty much all cash, is now a good time to move entirely into stocks? Fair enough. Would you suggest going all in on stocks at this moment? >Bonds Any international or only domestic?
if MARA can get to $20 by mid-January then I will be happy and will be getting out, i hope it goes further for other MARAuders though
Dylan Peterson
I'm pretty much leaning that way myself, given my relative inexperience with investing. What would you say about my breakdown above?
Chase Myers
Holy shit I hope crypto crashes hard, I love seeing the cryptofags cry.
Hudson Gomez
If this rally holds till the morning, those will probably be ITM at open. Definitely trim some to secure profits. Bitcoin just hit another ATH a few minutes ago. I do foresee a correction coming at some point, but I don't know when. IV crush could also kill options premium whenever it does happen. That being said, over 30% of portfolio is weighted in MARA shares and calls. When I bought them a month ago, they were only 10% weighted...
simply beautiful, market cap weightted ETFs are the way to go. Maximum profits, minimum efforts. I would say invest as much into that portfolio as you are comfortable with. Ideally it's 100% but if you find yourself stressing, feeling insecure, then add bonds. Its all about your individual risk tolerance. Invest as much as you can into the market without having to worry about it.
Benjamin Gutierrez
>GOVT Are you in US? Would that make sense for a Canadian?
Colton Perez
If moderna opens below 130 I'm going to make so much fucking money
Ayden Butler
Muh Dollar
Easton Cooper
I'm going to make so much money off HCAC and GHIV in the morning
That’s why you have no friends. Can’t you be happy some anons made it?
Aaron Richardson
I just wish they had higher strikes, the IV on these options is insane. My cost basis is below $2 factoring in the premium from selling covered calls.
$15-20 is also my price target and would be more then a 10 bagger for me. Once it hits around there, I'll just sell covered calls on my shares till they're exercised.
