Im just starting to invest, Should I put in a large % of my savings all at once at this dip and save say 40 ish% to put in over the remainder of the year ?
As always, smart investors buy stocks and etf when the market is down, while dumb investors flee to bonds and bank accounts. Wealth is made in corrections and crashes. We don't know for sure if this drop is just a normal correction or a crash, I suspect that is just a seasonal correction because most companies are making profits and growing.
5am, I cannot sleep neither. My problem is that I want to buy few quality stocks (NVDA, TSLA, GOOG, AMZN, etc) but don’t know what is the best entry point
It’s daunting if you if you ask me, the market is diabolical. What’s left of my 90k portfolio now isn’t looking good, I am curious about ways to capitalize on the market
Absolutely! Fortunes are made in bear markets. We aren't in a bear market, but nibbling on heavy red days has proven to be fruitful for me over 3 years of investing. My portfolio is built to create generational wealth in all markets, especially (ironically) in red markets and just surpassed the ~$1m milestone. Don’t sell when the market is down. Even if you are a DIY investor, getting help from a CFA that puts the time in to research companies thoroughly and implement effective risk management strategies can be invaluable. This system has proven effective for me!
I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
When in doubt, zoom out! I’m in it for the long haul, and I look at today as a sale on my favorite ETF’s!! 💵 Thanks for the solid info and logical approach to investing! 😊
100% right. Buy low, sell high. This is a buying opportunity. Warren Buffet has $billions on the sidelines for just this scenario. Bet you he is looking for steels.
This approach means you could go several years without making money and lower gains than possible once it is over. Dollar cost averaging on steroid’s opportunity’s, Means out of usual monthly one buys more low and less high. Not advising just saying 😂
@@illbeyourhuckleberry6484 i invest mostly on single stocks like the ones mentioned, big sums on days like today. I DCA only on the ETFs since that’s for retirement. Currently sitting on a ton of cash (50%), deploying capital since last week.
@@Minetic okay but I haven't come across any financial advisors that only invest in these 3 etfs. If that is direction here, what added value would the advisors bring if you are telling him what to do.
The only thing left to do is....keep buying!!! SCHD/VGT/SCHG and just added FDVV!!! It's OK people It's time to take advantage of these deals! Keep buying! Don't panic! G, thank you for all you do and putting the market in perspective!
@@RB-je3yj turning point. Big tech into other sectors. Nothing goes up in a straight line for lengthy periods. Always be reversion to the mean. The Nasdaq 100 has appreciated 85% in 18 months, annual rate of nearly 60%. The average for 10 years is 22%.
This “crash” was weak. I was so ready to spend money, but these dips are kinda meh for a global, world ending, hype beast that this morning presented. I came ready for Christmas shopping.
I was actually betting that you’d post a video today. The only thing everyone needs to worry about is how stable is your job. That gives you the stability to continue DCA on a downturn or down market.
Everyone thats worried about s&p 500 just hold and buy more if you can. Within a day it went back up by 0.87 percent ... This so called crash is nothing its the perfect time to buyyyy
I think you're one of the only investors on UA-cam that hasn't blown this out of proportion and actually backed up your predictions with data, and for that I thank you. Well looks like its time to do a bit more shopping than usual this week, as I'm here for the long game.
I maxed out my Roth IRA for this year already, but this dip is too good to pass up, so I might just buy on my brokerage account. Planning on adding more VOO and FTEC.
Drops like today will not make a bottom right away, I think the market has more room to the downside by price action analysis. I think it is cash-is-king time.
Well I believe the big winner of this big drop since July is Palantir. Most of the companies I hold this is the one that hold its prices and today just jump around 12% good time to get some profit since my last purchases around April last year I made 157% good time to sell and keep some cash since data shows that when rates begin to drop market use to pull back.
I’m kind of hesitant if I’m going to buy now or wait until October, of course no one knows. At the end of the day if there’s a calamity there’s a opportunity Thank you for your knowledgeable video .
I'm not the smartest man, so I don't understand why some of my friends are losing their minds. I haven't lost my original investment money and I'm just continuing to buy VOO, SCHD, and SCHG. Then again I don't invest money I can't afford to lose. If my entire portfolio went up in flames tomorrow my life really wouldn't change. My biggest investment has been in my skill set and that isn't going anywhere but up! Thank you for being a fantastic mentor Professor!
I'm all for buying the dip. But what I have a hard time co conceptualizing is where do I get the extra money to constantly be dumping into my long term holds? If im never suppsoe to sell them how can I truly grow my portfolio or enchance my lifestyle or that of my family's?
Anyone that sells is crazy. I have big money in VOO, QQQM, and SCHD, with a smaller amount in AVUV. I have about 15% in cash, I will buy until I'm dead. 👍
Good morning, Professor G!! Awesome coverage, as always! And, as I type this, my portfolio has already recovered half of yesterdays large losses. Confucius say " don't watch the grasshopper go up or go down; it will make you gittery and tired"
I sold one of my stocks CTRA that was at about a 1k loss that ive been holding out for just to get about 8k in cash and bought 1k in NVDA, PLTR, MSFT and LLY. the loss will offset the gains that I took when i sold 5k of NVDA, PLTR and TSLA about 3 weeks ago to take profit. I am a long term investor and think I made the right decision. If it goes down further, I will buy 1k or each more. I will buy 1k of FXAIX, QQQM, SCHD hopefully tomorrow if its down again. Hopefully, my plan is on point professor G 😀
this content couldn't have come in a better time. Thank you! i invested a lot last 2 weeks, with nothing by savings left on my brokerage. However, this might be a good opportunity to finally buy SMH, an ETF i looked at for 3 years but was too busy building the right seeds first before taking on other stocks/ETFs
@@NolanGouveia yeah i did. At the time i bought, there was a 35% upside to its all time high. lets see where it'll go short-term, but long term only way it can keep going is up!
I believe technology is Not going away I will keep all my industrial holdings in technology where they are on my ROTH , I have maxed it for this year , The only thing I can do is sell some stocks that were in green to buy the dip of some others, I’m immobilized otherwise it seems , until I see a light at the end of the tunnel , All my ETF are in technology
Understand tech is highly volatile. These large daily falls are extraordinary due to massive borrowing into these stocks. Really up the stairs and down the elevator stocks. Everything’s rosy on the staircase but becomes scary on the elevator. Cash is king ATM. No rush to buy after a massive 18 month rally where AI stocks have become expensive and outlook statements not as expected.
Have some cash waiting for this. Tempted to lump invest but I went for dca over the next weeks as I'm not sure we have bottommed out just yet. But for sure I'm buying even though the market may go sideways and by mid/late october I'm fully invested again.
Fantastic content, I've learned so much from you. I don't like the hyperbole in the title and thumbnail, it doesn't suit a professor, but that's a drop in the ocean of quality content.
I'm still super bullish on growth and AI. I know I'm super risky, but I rotated 50% of my XLK position in my Roth IRA into FNGU. These 50% discounts from the 52-week high is tempting me so much right now. I want to lower my avg cost basis for SMH and USD. I still have about 10% of my portfolio in cash so gonna nibble more on the way down. Not for everyone, I know. 😅😅😅 And yes of course regular DCA into S&P and some SCHD.
Cash is king ATM. Tech has had its day for the time being. Understand this sector is highly cyclical where rises feeds further momentum often fueled/ based on borrowing. Large daily falls reflect that unwinding as so many head for the exit. It’s not over yet. Might be a dead cat bounce. Be better to buy a new one a bit later once the dust settles. That will probably take time
Don't forget that we our closer to War overseas. I will be using cash to buy Weekly or Monthly. This kind of market is for long term investors. Just keep buying. This is how you make long term profits down the road.
I'm getting that uneasy feeling that the markets will get that last bounce up before really going down further...we shall see. I do envy those who went with the ETF strat...I'm all in on Tech for now. I plan on transferring all my funds to ETFs in actual Retirment.
Understand this sell off is not a short term correction. There has been a massive amount of borrowed funds in the big tech trade and that’s unwinding. It’s not normal profit taking. It’s get out before it gets much worse. Gearing has magnified losses on the downside and why there been such large daily falls similar to other major corrections or bear markets. The AI trade has been way overblown and this is more than a sense of reality returning. You’d be a fool to be fully invested now. At least 20% cash. It’s better taking a 10 or 15% loss than waiting til it’s 30% plus as happened in 2022. A lot of that was based on sentiment but fundamentals do matter and not only macro is a huge concern now. It’s the massive extent of borrowing looking to take part on the gravy train. Buyer beware. Falls have been quick so far and could even occur more quickly. Talk to anyone who was around in the 87 crash or GFC will tell you that.
I think best thing to do is nothing But there is major trouble in the waters. We have severe local and international government instability We have extreme high cost of living ballooning the credit card debt and most businesses that I am in contact with are experiencing substantial slowdowns in sales. The numbers are way off. Whatever sector the same story new sales way down substantially more competition for same job. It’s rough out there. I think more drop to come. A bit more and I’ll start pouring the coal to my investment for now I’ll collect dividends and interest and I’m happy for that
And. No I’m not some scammer selling a course. Im a small construction business and I also happen to be a viewer and investor. I think we do have some weird stuff to come. It’s a perfect storm of nonsense bulking up to this drop
I’ll be buying more SCHD and DGRO over the next couple days. I bought IXN a few weeks back and it’s taken a big hit but I bought more today and will pick up more over the next few days.
Which 3 etf's prof G?
Here you go! Best 3 ETF Portfolio to make you VERY RICH (Simple Investing in 2024)
ua-cam.com/video/05muePC_hyo/v-deo.html
Ty
Tqqq as soon as soon as we see a turn to growth
@@fmc1214 I might do a little TQQQ if this thing really gets bad
Im just starting to invest, Should I put in a large % of my savings all at once at this dip and save say 40 ish% to put in over the remainder of the year ?
Great Buying opportunities today. Embracing pullbacks and correction is key. This is where the money is made!
As always, smart investors buy stocks and etf when the market is down, while dumb investors flee to bonds and bank accounts. Wealth is made in corrections and crashes. We don't know for sure if this drop is just a normal correction or a crash, I suspect that is just a seasonal correction because most companies are making profits and growing.
5am, I cannot sleep neither. My problem is that I want to buy few quality stocks (NVDA, TSLA, GOOG, AMZN, etc) but don’t know what is the best entry point
It’s daunting if you if you ask me, the market is diabolical. What’s left of my 90k portfolio now isn’t looking good, I am curious about ways to capitalize on the market
Absolutely! Fortunes are made in bear markets. We aren't in a bear market, but nibbling on heavy red days has proven to be fruitful for me over 3 years of investing. My portfolio is built to create generational wealth in all markets, especially (ironically) in red markets and just surpassed the ~$1m milestone. Don’t sell when the market is down. Even if you are a DIY investor, getting help from a CFA that puts the time in to research companies thoroughly and implement effective risk management strategies can be invaluable. This system has proven effective for me!
I’m trying to get an advisor for guidance but it’s harder than you think. Anyone who is fee-based is hard to find and usually have a heavy workload. Would you be comfortable sharing a recommendation if it’s not too much trouble
Keep on buying! VTI, SCHD, and QQQM. This is nothing we haven't seen before. 15 years before retirement...this dip is just a blip!!!
LOL. Nope. We are looking at 10 years of stagnation.
@@solskengroupllp2758
Glad I'm in this for the long hall then!
@@solskengroupllp2758 where is your source for that statement?
When in doubt, zoom out! I’m in it for the long haul, and I look at today as a sale on my favorite ETF’s!! 💵 Thanks for the solid info and logical approach to investing! 😊
You're doing amazing Maria!
100% right. Buy low, sell high. This is a buying opportunity. Warren Buffet has $billions on the sidelines for just this scenario. Bet you he is looking for steels.
This is our time to take our teachings from the Professor at a practical level !❤
Here is what i will do, nothing! Add weekly as usual to SCHG and SCHD. Added to Amazon, kept same positions on VICI, V, MA and SPGI.
wtf, you’re supposed to PANIC. SELL EVERYTHING. GUH SELL SELL SELL PANIC SELL
This approach means you could go several years without making money and lower gains than possible once it is over.
Dollar cost averaging on steroid’s opportunity’s, Means out of usual monthly one buys more low and less high.
Not advising just saying 😂
i added 30 schd, 30 vti, 15 vug, 50 pltr, 50 sofi, 10 nvda, and 10 amzn
@@illbeyourhuckleberry6484 i invest mostly on single stocks like the ones mentioned, big sums on days like today. I DCA only on the ETFs since that’s for retirement. Currently sitting on a ton of cash (50%), deploying capital since last week.
Just curious, why Mastercard and visa?
I will stick to investing in my trusty 3 ETF portfolio, no reason to panic.
Good idea!
So, what you are saying is dump financial advisors and just invest in these 3 ETFs in 3rds. Correct.
@@bigchaloopa nope not what he said at all. I don't see him "saying dump financial advisors" at all
@@Minetic okay but I haven't come across any financial advisors that only invest in these 3 etfs. If that is direction here, what added value would the advisors bring if you are telling him what to do.
The only thing left to do is....keep buying!!! SCHD/VGT/SCHG and just added FDVV!!! It's OK people It's time to take advantage of these deals! Keep buying! Don't panic! G, thank you for all you do and putting the market in perspective!
Good work my guy!
FDVV is the best.
@@RB-je3yj turning point. Big tech into other sectors. Nothing goes up in a straight line for lengthy periods. Always be reversion to the mean. The Nasdaq 100 has appreciated 85% in 18 months, annual rate of nearly 60%. The average for 10 years is 22%.
This “crash” was weak. I was so ready to spend money, but these dips are kinda meh for a global, world ending, hype beast that this morning presented. I came ready for Christmas shopping.
Great stuff!
There is more coming.
@@iDrive123Big Facts
10% drawdowns are pretty normal. I just keep DCAing into my ETFs.
S&P500 still up 10% YTD. Right on the historical annual average. Its a correction not a crash…… so far 😉
I sold everything....,my house, my vehicles, my wife and kids. The wife and kids brought about 20K each, so I'm up 100k!
Good call!
Smart move, Kept the GOLD and the DOG
I was actually betting that you’d post a video today.
The only thing everyone needs to worry about is how stable is your job. That gives you the stability to continue DCA on a downturn or down market.
you knew it!
33% VOO, 33% SCHD, and 33% split between SCHG QQQ & VGT all adding on top on my holdings for this drip.
I've got another 25 years to retirement. Fantastic buying opportunity for people with cash on hand. I picked up some extra SCHD and VOO today.
Market 10% down is a correction and recession is I think 2 quarters of negative economic growth.
Stocks are on sale. Buy,Buy,Buy ...
Ain’t no body got money fool
Only the oversells one at Discount! Exemple: Intel : $ 25.00 = fair value = 24% potential growth now at 13.843 RSI . 😉 and hold !!!
Most are still way overpriced after the fall to buy now
@@user-gt6el1yi6gno dividends for next two years and not much chance of growth its a no for me
Time to reread psychology of money... definitely not a fun ride but sticking with it:)
This!!
This is when you really want to be buying. Adding to all long positions.
Everyone thats worried about s&p 500 just hold and buy more if you can. Within a day it went back up by 0.87 percent ... This so called crash is nothing its the perfect time to buyyyy
Today was definitely a buying opportunity
I added a heavily to my JEPQ position on Monday. This fund has performed well for me, it has outperformed VOO with a beta of 0.88!
I think you're one of the only investors on UA-cam that hasn't blown this out of proportion and actually backed up your predictions with data, and for that I thank you. Well looks like its time to do a bit more shopping than usual this week, as I'm here for the long game.
I appreciate that!
Either buy / or do nothing
wow you were on it! this actually made a lot of sense so i appreciate your dedication to getting us the info fast
Any time!
I see all this red and I get so excited things are on sale! Now I get to buy more.
this is the energy we need!
I maxed out my Roth IRA for this year already, but this dip is too good to pass up, so I might just buy on my brokerage account. Planning on adding more VOO and FTEC.
if you check, it's normal for the market to dip low around Aug to October...almost every year
Drops like today will not make a bottom right away, I think the market has more room to the downside by price action analysis. I think it is cash-is-king time.
Bingo
Great video man, very well said! When in doubt, just zoom out 👏
You are the man!
Well I believe the big winner of this big drop since July is Palantir. Most of the companies I hold this is the one that hold its prices and today just jump around 12% good time to get some profit since my last purchases around April last year I made 157% good time to sell and keep some cash since data shows that when rates begin to drop market use to pull back.
I’m kind of hesitant if I’m going to buy now or wait until October, of course no one knows.
At the end of the day if there’s a calamity there’s a opportunity
Thank you for your knowledgeable video .
Split what you would spend and do half now and wait until Oct to hedge your bets. If you're only spending what you can afford, you'll be fine.
Its just a correction. How high do people expect the S&P500 to get? Just keep buying and enjoy the sales prices.
I'm a long-term investor, and I keep on investing. There are many stocks on sale now.
Which stocks do you like best today?
Such as? All i see is still way overpriced stock
I did some buying today. I appreciate the opportunity.
I don’t know how to tell you what Warren Buffett said. Everybody knows that favorite quote just act upon it be consistent and you’ll come out on top.
I’m in it for the long haul so I’m fine with DCA into VOO and SCHD. I might pick up a share or 2 if VGT while it’s on sale.
That's exactly what I did today 😅
Market dips are just a great opportunity to buy more stock at lower prices 👌
Exactly!!
DCA’ing all day everyday!! Let the dogs keep eating 💪💰💰
Apparently someone doesn't really pay attention. Buffet sold stakes of BofA a week before he started selling off Apple.
I do nothing about it and it’s the smartest move.
I'm not the smartest man, so I don't understand why some of my friends are losing their minds. I haven't lost my original investment money and I'm just continuing to buy VOO, SCHD, and SCHG. Then again I don't invest money I can't afford to lose. If my entire portfolio went up in flames tomorrow my life really wouldn't change. My biggest investment has been in my skill set and that isn't going anywhere but up! Thank you for being a fantastic mentor Professor!
Nice 3FP, kris! Nothing wrong with VOO, SCHD, and SCHG.
They call it crash-ing I call it cash-ing. I just buy more and loving it!
definitely buying more SCHD, also SPLG and O
Usually I invest towards the end of the month but I'm definitely bumping it up to next week this month to take advantage of this sale.
With you!
I bought 50 shares of BRK.B and 281 shares of DGRO to bring my total to 2000 shares there. Initiated a Roth conversion for 58 shares of VGT.
I’m staying the course. Actually bought some more SCHD today.
Can't wait for payday for the discounts on all my positions.
I'm all for buying the dip. But what I have a hard time co conceptualizing is where do I get the extra money to constantly be dumping into my long term holds? If im never suppsoe to sell them how can I truly grow my portfolio or enchance my lifestyle or that of my family's?
Anyone that sells is crazy. I have big money in VOO, QQQM, and SCHD, with a smaller amount in AVUV. I have about 15% in cash, I will buy until I'm dead. 👍
mmm.well if you keep this strategy up you might feel dead in a month or 2.
Keep your 15% and bide your time
@@user-zm6kj4gn4v Cash money baby.
@@user-zm6kj4gn4v Holding for the next 40 years.
Good morning, Professor G!! Awesome coverage, as always! And, as I type this, my portfolio has already recovered half of yesterdays large losses.
Confucius say " don't watch the grasshopper go up or go down; it will make you gittery and tired"
Confucius knew what he was talking about!
I knew you would post a video today. Thanks. Looking forward to my next coaching session with you. Hopefully, we’ll have recovered a bit by then. 😂
You knew it! Haha and yes I look forward to it as well
keep pumping out those financial informational videos Professor G!!!!
When worried
Do absolutely nothing
In a years time this will be a mear blip
I’m sticking to VUG, VOO, & SCHD. I think I’ll be fine.
Cash is king now
I sold one of my stocks CTRA that was at about a 1k loss that ive been holding out for just to get about 8k in cash and bought 1k in NVDA, PLTR, MSFT and LLY. the loss will offset the gains that I took when i sold 5k of NVDA, PLTR and TSLA about 3 weeks ago to take profit. I am a long term investor and think I made the right decision. If it goes down further, I will buy 1k or each more. I will buy 1k of FXAIX, QQQM, SCHD hopefully tomorrow if its down again. Hopefully, my plan is on point professor G 😀
I'm gonna keep throwing money at the S&P and start investing in SCHD. Buy in NOW, while they're "on sale"!
this content couldn't have come in a better time. Thank you! i invested a lot last 2 weeks, with nothing by savings left on my brokerage. However, this might be a good opportunity to finally buy SMH, an ETF i looked at for 3 years but was too busy building the right seeds first before taking on other stocks/ETFs
You are correct that this is definitely a more favorable price for SMH, you buying?
@@NolanGouveia yeah i did. At the time i bought, there was a 35% upside to its all time high. lets see where it'll go short-term, but long term only way it can keep going is up!
They will be on sale again tomorrow.
I believe technology is Not going away
I will keep all my industrial holdings in technology where they are on my ROTH , I have maxed it for this year , The only thing I can do is sell some stocks that were in green to buy the dip of some others, I’m immobilized otherwise it seems , until I see a light at the end of the tunnel , All my ETF are in technology
Understand tech is highly volatile. These large daily falls are extraordinary due to massive borrowing into these stocks.
Really up the stairs and down the elevator stocks. Everything’s rosy on the staircase but becomes scary on the elevator.
Cash is king ATM. No rush to buy after a massive 18 month rally where AI stocks have become expensive and outlook statements not as expected.
I added some SPLG , Amazon, NVDA($95), Meta, SCHD and Apple when it tanked pre market !!! This is scary but I’m a long term investor
Good work! I think that’s gunna pay off
Great quality at a discount
Would love to see what my portfolio is doing but my account was locked out for the morning until the afternoon
I'm sorry I heard about that
I put about $800 in a mix of SCHD, DGRO, and DGRW. Looking forward to seeing the price return to what it was
Great work!
I think now is good time to buy the share after the market is broken. 😊
I bought some REITS , Qqqy, RYLD and am holding refular brokerage in HYSA for now. Didn't sell anything in my IRA.
Good job Janice
Google is a great buy too after that news everyone will forget in a week
I actually rotated some money into bonds as I think they could do well with interest rate cuts coming over the next year.
Yup,. I Totally AGREE, as My Bonds and, Convert Preferred's, ( in CEF's ), ARE doing,.. VERY "Well" for, the Last, SEVERAL Weeks !
Have some cash waiting for this. Tempted to lump invest but I went for dca over the next weeks as I'm not sure we have bottommed out just yet. But for sure I'm buying even though the market may go sideways and by mid/late october I'm fully invested again.
Started new position in NVDA below $95 today, and SOXL.
Still buying voo qqqm schd and smh! 60 years later i will be happy I did 😄
Agreed!
Mmm..no rush but a dabble here and there will be fine long term.
27% VT 27% QQQM 26% SCHD 10% SCHH 5% ETHA 5% IBIT. Thoughts/recommendations Professor G?
I really appreciate this video. Today was a good day to buy
Thankyou!
Well i just added VOO, SCHD , JEPQ , thanka Professor G ..
I've got cash on the side. Going to buy a little extra!
I am buying jepq with my monthly dividens
Same. just bought a share wit the divs from it lol 💰
Fantastic content, I've learned so much from you. I don't like the hyperbole in the title and thumbnail, it doesn't suit a professor, but that's a drop in the ocean of quality content.
thank the Lord I'm a prepper.. been prepping for 35 years
@@DOCSAFETUBE Here’s a tip. Don’t mix religion with the market otherwise you’ll be praying a lot!!
Keep buying ETFs from 3 ETF Porfolio + TLT to be more safe and take benefits from its growing after the future rate cuts.
SCHD price action is very strong in this pull back, so yes this is what I think will do very well as well as VYM
tldr: keep investing. "look at this little dip we're all freaking out about" 🤣🤣
Perfect timing , love your content
I appreciate you!
I lost a little in UsD while holding and now I’m about to double down on it!
Investing in more SCHD and SPLG
Had a ton of limit orders for SMH fill at $199 🤘🏽
Solid video. Bought more today.
Doing what i always do...Prof G style...time in the market
Let’s gooooo
I'm still super bullish on growth and AI. I know I'm super risky, but I rotated 50% of my XLK position in my Roth IRA into FNGU. These 50% discounts from the 52-week high is tempting me so much right now. I want to lower my avg cost basis for SMH and USD. I still have about 10% of my portfolio in cash so gonna nibble more on the way down. Not for everyone, I know. 😅😅😅
And yes of course regular DCA into S&P and some SCHD.
Cash is king ATM. Tech has had its day for the time being. Understand this sector is highly cyclical where rises feeds further momentum often fueled/ based on borrowing. Large daily falls reflect that unwinding as so many head for the exit. It’s not over yet. Might be a dead cat bounce. Be better to buy a new one a bit later once the dust settles. That will probably take time
Here's what I'm gonna be doing.
EXACTLY the same things. DCA into QQQM and tech.
I'll let you know how I'm doing in 10 years.
Don't forget that we our closer to War overseas. I will be using cash to buy Weekly or Monthly. This kind of market is for long term investors. Just keep buying. This is how you make long term profits down the road.
The only green in my portfolio today is the SPDR Bloomberg 1-3 Month T-Bill ETF
Been expecting this. Time to buy!!
good video! My issue is i never know if to sell a bit and take profits on risky stocks/crypto, or hold for years. (i never sell my EFTs)
You are the best Prof.G
Thank you🙏🏽❤🙌🏾
I'm getting that uneasy feeling that the markets will get that last bounce up before really going down further...we shall see. I do envy those who went with the ETF strat...I'm all in on Tech for now. I plan on transferring all my funds to ETFs in actual Retirment.
Understand this sell off is not a short term correction. There has been a massive amount of borrowed funds in the big tech trade and that’s unwinding. It’s not normal profit taking. It’s get out before it gets much worse.
Gearing has magnified losses on the downside and why there been such large daily falls similar to other major corrections or bear markets.
The AI trade has been way overblown and this is more than a sense of reality returning.
You’d be a fool to be fully invested now.
At least 20% cash. It’s better taking a 10 or 15% loss than waiting til it’s 30% plus as happened in 2022. A lot of that was based on sentiment but fundamentals do matter and not only macro is a huge concern now. It’s the massive extent of borrowing looking to take part on the gravy train. Buyer beware.
Falls have been quick so far and could even occur more quickly. Talk to anyone who was around in the 87 crash or GFC will tell you that.
DCA intel to 26 from 33, SMR to 11.5 from ~13. Some cheap NVDA @ 101
I think best thing to do is nothing
But there is major trouble in the waters. We have severe local and international government instability We have extreme high cost of living ballooning the credit card debt and most businesses that I am in contact with are experiencing substantial slowdowns in sales. The numbers are way off. Whatever sector the same story new sales way down substantially more competition for same job. It’s rough out there. I think more drop to come. A bit more and I’ll start pouring the coal to my investment for now I’ll collect dividends and interest and I’m happy for that
And. No I’m not some scammer selling a course. Im a small construction business and I also happen to be a viewer and investor. I think we do have some weird stuff to come. It’s a perfect storm of nonsense bulking up to this drop
Thanks. As always, cooler heads prevail
Sold puts as a volatility play at the open on Nvidia, never made that much money on a trade as the volatility dropped like crazy.
I’ll be buying more SCHD and DGRO over the next couple days. I bought IXN a few weeks back and it’s taken a big hit but I bought more today and will pick up more over the next few days.
Moments in time sell like I did 10 days ago take the 5% and just buy back in October, it’s all very predictable
I add $1000 twice per month to my 3 fund portfolio. This week, I'm adding an extra $4000.