Originally posted by bellicose
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Stock Trading -or- ReconSWS's Bane
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#not an accreddited investment verry illegal SEC PLZ DON't look.
Looking for personal investors in 3d printing related stuff. Not an actual investment to avoid illegalities of that, just a friendly wager / loan. Return conditions are any time you need it back, 30% gain calculated over 3 mo. (i.e. if you pull out the next day I pay you amt. + (0.30 / 90) or some fuckin math bullshit again this is just for fun
#if this is against the rulezzz then plz ban my ass lul
btw I do not trade anymore.. only entrepreneurship for a while. Only looking for a single lending partner obviously start with a small amt.
Again just for fun who would deal with a random on the interwebs in any serious legal bullshit lul. I like the 90s internet a bit more than current day but alas.Making new mods.
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Originally posted by ReconSWS View Post#not an accreddited investment verry illegal SEC PLZ DON't look.
[...]
#if this is against the rulezzz then plz ban my ass lul
Won't let me be
To trade my money
So let me see...
They try to shut me down on MCB
I'd refill my wallet, honestlyDulce et decorum est pro comoedia mori
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On a tangentially related note, I hold a handful of I-bonds, and the interest rate on two of them just popped into the 7.xx% interest rate after the latest rates were released. That terrifies me. The fixed rate portion is only .3%, max. This means that my "good" bond investments which don't touch 7% are all losing buying power right now (while still generating taxable interest, of course)Dulce et decorum est pro comoedia mori
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I’m pretty sure the last time I was in here MAC was my largest holding. I was waiting for them to increase the Div from what it was over covid to what it was prior to. As a mall owner, their occupancy and text collecting rates were back to pre-covid levels. The only thing that wasn’t there was the kickback they get from the in-store sales of their tenants. Well I waited a few quarters and the Div was flat, so I sold as I was green anyway.
my current holdings are USOI, which is a covered call writing ETN that sells USO calls each month, and pays a Div each month based on how things go. I’ve had this for 6 months and if you go look up the Div history you will know why I love this one.
Next is MDRR which is a very small REIT. It’s another covid recovery type play. Share price is still below pre-covid but they pay 8% Div so I am fine waiting. If they move their div back up to where it was pre-covid, or even close to it, I’ll likely hold it for a long time.
Last is NSAV. A penny stock I bought at the wrong time and have averaged down a few times. They are actually doing stuff, so it’s slowly floating up and I’m almost green again, but with only a few hundred bucks in it I might as well stick around and see if I can sell when some fireworks happen.
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Pretty good holdings. My dividend portfolio goes the same way pretty much but with some extra stuff. I'm into BST for a call writing fund. It's a 7.5% dividend and it's taxable as qualified dividend rather than income like other call writing ETF's.
VICI is my comparable to MDRR. They hold a majority of gambling and entertainment venues on the Vegas strip and recently purchased MGM properties as well. Kind of a return to normalcy play after COVID and it has a 5% and higher dividend which I really like.
Funny how when the market isn't doing as well it's radio silence on this thread. I do the same thing kind of start just chilling on investing when I'm not seeing a lot of green days. Human nature I guess.
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Has been a good 6 months if you are into shorting basically anything. I play around in retirement accounts and do not have those type of options unfortunately. Did the next best thing and moved all to cash equivalents back in January. Saved myself 20-30% so far, and imagine will be closer to 50% saved before we actually start back on the upward path. Record high gas, high inflation, housing cost skyrocketing, interest rates going up, inventory levels across most industries are up as people are just buying less of everything. Market is going down for awhile. Average significant Bear market last roughly 600 days, and were little over 150 days since market was at high. Another 450 more days of down if we follow historical trends so I will likely be holding cash in my accounts for another year. With a little luck the recovery will be quick, but could be a decade before we touch those previous highs again.
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Why I called out "Significant Bear market" there are lots of small "Bear markets" that bring the average down, but if you remove those and look at Bear markets that average shoots up to 600ish days. I think its safe to say you only need to look at the average length of bear markets that go along with a named recession which is 600ish days, but who knows maybe we have an unexpected upturn and it ends sooner. I have no idea what that positive even would be at this point as really the best we could hope for at the moment is news that we have slowed the bleeding as no signs of anything so positive happening that it will stop in the short term.
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Really quite here as market continues to take a $hit. Nice dead cat bounce at the moment. I am still happy having moved to cash in Jan, but I did make a 40k move on Monday buying some twitter thinking Elon was about reach an agreement. Did not realize how lucky I would be that next day he realized he was loosing that battle and committed to moving forward at full purchase price. +25% for something I held less then 24 hours.
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Is that US Oil? I bought a bunch of that when oil was trading at $0.00 a barrel; but I bought it in my IRA account. Then I was told that I could screw my tax standing for the retirement account because it doesn't behave the way most securities do so I dumped it all. Now the only oil company I hold is BP.
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Originally posted by FullContactUSA View PostIs that US Oil? I bought a bunch of that when oil was trading at $0.00 a barrel; but I bought it in my IRA account. Then I was told that I could screw my tax standing for the retirement account because it doesn't behave the way most securities do so I dumped it all. Now the only oil company I hold is BP.
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🎼'Tis the season to harvest losses🎵
🎶 Fa-la-la la-la, la-la, la-la
This ain't the year we quit our bosses🎵
🎶 Fa-la-la la-la, la-la, la-la
Don we now our piddling dividends🎵
🎶 Fa-la-la, la-la la-la la-la!
'22 markets sucked like the bends🎵
🎶 Fa-la-la la-la, la-la la-la!Dulce et decorum est pro comoedia mori
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