I believe you've been saying the same thing over and over. |
You’re out of your element. |
100% in one sector is not wise brother . |
Right? Thats sketchy. I mean I look at semi du conductor ETFs in awe as they skyrocket, but there’s no way I’m 100% semiconductors. They’ll get crushed in a recession. So will tech. Like the first stocks to get crushed in the coming recession will be tech. |
You need to make your financial advisor work for their money.
Just pose a scenario to them and ask what you can do to protect your portfolio should the market drop like 2008/09. I know one thing you can do is purchase well outside the money put options. Like buy SPX puts with a 5000 strike price dated 2028. You may spend $10k or $20k for this, but if the market drops a ton they will increase significantly. If it doesn’t, you paid for insurance. You can also ask your FA to work up a hedging plan to shield any losses…again, it would involve options or other derivatives. |
Yeah. I stopped reading after that sentence. This person is a clown. No one with any financial literacy does this. |
"Predications." Lol. |
Ha ha totally. I bet you bought soy bean futures and are doing great right now. lol! Oh look gold is up again today. Wonder why? |
Maybe cash out a bit and use it for English classes, pal. |
You are a clown. Sorry your head is up your own azz and can’t grasp macroeconomic factors, but hey, guess we’ll see where your portfolio values are soon. My guess is thrashed. |
+1. Loves hearing himself talking kinda guy. Total weirdo. |
Gold goes up and down -- if you were a professional it could make sense to go to gold at certain times. If not no one should touch gold. It is the least stable asset you can own. |
What? I'm in one stock. |
Not worried at all. I will be in cash 25% after crypto cycle top. |
I’m not the poster you are responding too, but Gold is widely considered one of the most stable assets you can own. If you don’t want to own it, totally fine. But it’s weird to come on here and give such advice. (Or maybe I should say it is normal to give bad advice because this is DCUM?) Do you think CDs are scary too? |