In the midst of the pandemic and the riots etc....

Anyone else getting rich? This is fucking ridiculous!!! I'm loaded up with the dumbest fucking stocks and just killing it right now. Macys? Lol but I'm making money

My 401(k) is now well above its previous peak in February. A global pandemic and rioting can't stop the Trump train. All aboard!

I should jump on board .

Well right now the data suggests the recovery may be faster than some feared. The market tends to be a leading not lagging indicator. Plus I imagine Trump will want to keep juicing the economy as much as possible, likely leading to money being printed

@Dadillac don't forget to load up on JnJ

The forward looking market is priced for perfection. Don't get me wrong, I am not complaining.

#RichLivesMatter

@25.... lol it is the only stock needed, the rest are all trash

The genius market timers who got out in April to reduce risk, and didn’t get back in until recently, lost out on about 40% of run up. That delays retirement for 5 years. Maybe 10.

The best market strategy is to invest in a broad index fund then never, ever touch it. Ever.

^ "it comes down to time spent in the market, not timing the market"

I normally attract around a million dollars a month in new investments from new and existing clients (at least I have over the past 20 years). During the shutdown I brought in over a million a week for 8 weeks running. Now that it has come back I have a lot of happy investors.

I have a good friend who back when this was all starting told me he was moving all his money in his 401k to a money market and was going to stop contributing to since he wanted to have more cash on hand. I told him to really think about it if he really thinks he can time the market, and I am doing the opposite I am keeping everything where it is and maxing out my Roth as much as possible as early as possible. I hope he thought better and didn't do it but I am pretty sure he is kicking himself now.

It's funny, cause cash holders will miss out on this run, go balls deep all in on the next major dip and get stuck in an L-shape Japan situation lol

pre-Covid this market was "frothy" and ready for a correction. Have a severe correction, terrible earnings and pump monetary stimulus and wheeeee it's like a drunken boat party.

For the record I am long equities but I have my doubts on this medium term.

Lot of rumblings about a correction in July. Something about triple-leveraged ETFs ruining the market & volatility contracts moving over from June to July. After that tho we're going up another 20% easy I think. We're in a bubble within a bubble so strap in. Just don't be slower to sell than the slowest guy when the day comes.

"... I have a good friend who back when this was all starting told me he was moving all his money in his 401k to a money market and was going to stop contributing to since he wanted to have more cash on hand ..."

I did that in the late-2000s great-recession - I went as bad as getting out in early-2009 and staying out till early 2011 and missed the big 2009 and 2010 run-up - I still bitch-slap-myself when I think about it - at the very least I should have had the sense to get back-in at some point in 2009 but I had a lot of shit going on during that time including losing my job end of '09 and having my mom in the hospital for several-months so my mind was kinda mush during that time (and that time I knew even less about investing than I know now and by no-means do I consider my expert now) - but still I fucked-up by getting out and even worse staying-out way too f'ing long.

Yeah i started buying a couple bs stocks right after all the shutdowns and now they're all up except gold. Lol

This is a trader's market IMO. Volatile and unstable

It's a casino and house is losing badly. House being fearful bears

Counting your chickens? LOL, that was a fast retreat.