The Rokslide Stock Traders Thread

I need to start collecting the little profit days, like yesterday. I think the market is going to continue to be head fakes after head fakes, and if you don't take profits somewhere then it's just going to bob and buoy.

The problem with that is wash sales. Find equitable investments to move your money around to fill the time gaps.
 
I need to start collecting the little profit days, like yesterday. I think the market is going to continue to be head fakes after head fakes, and if you don't take profits somewhere then it's just going to bob and buoy.

The problem with that is wash sales. Find equitable investments to move your money around to fill the time gaps.
I think you bring up a good point;

The question right now; Is this a good market to be in Risk On....or Risk Off mode?

I do think the current admin is working on making the world a better place in the future but in the short term, there is a lot of potential risk. If you have a really long term time frame investor, its less of a factor, that lessens your risk.

I'm older retirement age. I think I am going to lessen my market exposure down to about 60% by cutting a chunk of the Tech stuff that has performed so well. I hate to do it but stocks like TSM have grown so much that it leaves me hanging out there.
 
Buying individual stocks is just too risky for me, I prefer mutual funds over the long run. Key is to make sure your portfolio is balanced between stocks, bonds, annuities, cash, real estate, etc to make sure you survive the next big downturn. I am two months from retirement so that is my strategy, somebody 20 years from retirement can afford to take on more risk.
This is how you come out a winner in the long run
 
I think you bring up a good point;

The question right now; Is this a good market to be in Risk On....or Risk Off mode?

I do think the current admin is working on making the world a better place in the future but in the short term, there is a lot of potential risk. If you have a really long term time frame investor, its less of a factor, that lessens your risk.

I'm older retirement age. I think I am going to lessen my market exposure down to about 60% by cutting a chunk of the Tech stuff that has performed so well. I hate to do it but stocks like TSM have grown so much that it leaves me hanging out there.
I think the Street has been rotating out of tech for a few weeks now and moving into energy and international stocks. You may be calling it right by trimming your tech stocks
 
Has anyone used any of the direct indexing/loss harvesting products from Frec or Wealthfront? Been researching creative ways to generate losses while I diversify out of some pretty concentrated positions. Those two specifically have low fees and look like decent ways to take advantage of this roller coaster of a market we’ve been in. https://frec.com/app/demo/direct-indexing

They even have more aggressive long/short indexing products, but those scare me… the purely direct indexing approach makes sense to me currently. Especially at only a .09% expense ratio.
 
In attempt to moderate spiking oil prices, the Trump admin eased oil sanctions against Russia so that they can once again sell oil to India. Russia is feeding intelligence to Iran. This is quickly spiraling into a complete and utter shitshow that is going to have serious economic repercussions.
 
I need to start collecting the little profit days, like yesterday. I think the market is going to continue to be head fakes after head fakes, and if you don't take profits somewhere then it's just going to bob and buoy.

The problem with that is wash sales. Find equitable investments to move your money around to fill the time gaps
 
Tired of living in interesting times
Honestly, one of my greatest joys in life is driving people nuts with my “been there, seen this, not worried” attitude.

I have had so many people say things similar to “how are you not worried about this? It’s going to be the end of the State, US, World, Life, etc.” I am just like “been hearing it for 34 years and it’s never happened, I will worry about it when it does.” Life is so much better with that attitude.
 
Honestly one of my greatest joys in life is driving people nuts with my “been there, seen this, not worried, attitude.”

I have had so many people say things similar to “how are you not worried about this? It’s going to be the end of the State, US, World, Life, etc.” I am just like “been hearing it for 34 years and it’s never happened, I will worry about it when it does.” Life is so much better with that attitude.
Definitely, it's hard sometimes but important to tune out "the noise" in both life and investing and stay the course.

Just like some sort of black swan event in real life or investing. If it happens, we will be worrying about bigger things.
 
Throw a little jobs reporting on top:

View attachment 1032435

1) Fed agency DEI hires that were doing nothing....good riddance. So you think we should be paying these people for doing nothing?

2) Businesses streamlining due to efficiency gains- be it AI or something else. Typical TDS'er blaming that on Trump. We have seen it with automation and other business efficiencies for a hundred years. . Personally, I think a lot of the middle management and lower minion jobs will go away once AI hits its stride. I will be investing in the companies that are taking advantage of these efficiencies.
 
White collar has had 10s of thousands of layoffs monthly for a year and change. Gonna get worse, look what Square/Block just did.

I agree we will see more layoffs in the near future and some of it will be attributed to Ai. I imagine that’s what happened at square/block. The Ai effect very well could be a bubble but until it bursts it will have an effect on jobs and if / when it bursts things will get much worse. The top Ai companies will take hold of everything and the rest will fade away. JMO, im not smart guy I just like to play one.


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2) Businesses streamlining due to efficiency gains- be it AI or something else. Typical TDS'er blaming that on Trump. We have seen it with automation and other business efficiencies for a hundred years. . Personally, I think a lot of the middle management and lower minion jobs will go away once AI hits its stride. I will be investing in the companies that are taking advantage of these efficiencies.
What jobs are all these "middle management and lower minion" people going to get that can replace reasonable to excellent wages? Eventually firing everyone will have consequences on a broader scale until/if jobs are created to replace all that income & job opportunity lost.

1) Fed agency DEI hires that were doing nothing....good riddance. So you think we should be paying these people for doing nothing?
Where does it say those are FED jobs let alone DEI?

Microsoft for instance laid off 10s of thousands of people the last few years and lots of good hard-working people were let go.
 
Honestly, one of my greatest joys in life is driving people nuts with my “been there, seen this, not worried” attitude.

I have had so many people say things similar to “how are you not worried about this? It’s going to be the end of the State, US, World, Life, etc.” I am just like “been hearing it for 34 years and it’s never happened, I will worry about it when it does.” Life is so much better with that attitude.
"Sure as night will follow day
Most things I worry 'bout
Never happen anyway"
T. Petty.
 
1) Fed agency DEI hires that were doing nothing....good riddance. So you think we should be paying these people for doing nothing?

2) Businesses streamlining due to efficiency gains- be it AI or something else. Typical TDS'er blaming that on Trump. We have seen it with automation and other business efficiencies for a hundred years. . Personally, I think a lot of the middle management and lower minion jobs will go away once AI hits its stride. I will be investing in the companies that are taking advantage of these efficiencies.
Hospitals are laying off nurses and CNAs.
 
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