Money in a money market account. Low interest but relatively safe.

If it is just for day trading NUGT is x2 leveraged Gold and has much better volume.

I was more in the 10% cash category but decided that the risk of schools and businesses shutting back down, the election and the fact that a lot of investors are trying to time this but holding just a bit longer was a reason to be early rather than late.

I'll jump back in but things need to settle out a bit. I know, market timing is tough.

Not me

2X

Same with Tesla my cousin has a lot of shares there already.

Didn't the markets dramatically crash which was a factor in the great recession?

For holders on record 8/24. I already own it, so the 31st will see the split.

Are you talking about the GFR ..Great Financial Recession of 2007-9 or the Great Depression of 1929-34+ ??

The market reacted negatively both times but don't confuse correlation with causation.

Warren Buffett on market timing.

"‘They know that overstaying the festivities — that is, continuing to speculate in companies that have gigantic valuations relative to the cash they are likely to generate in the future — will eventually bring on pumpkins and mice. But they nevertheless hate to miss a single minute of what is one helluva party. Therefore, the giddy participants all plan to leave just seconds before midnight. There’s a problem, though: They are dancing in a room in which the clocks have no hands.’

07-09.
I thought the market crashed bad just before the recession

I am in for a longer term , just thought that that company was interesting

Don't put me in the same league as Ken, I'm a contrarian investor and I'm not ashamed to say I've left a lot of money laying on the table in the past 15 years because of it.

I'd rather buy an ounce of gold than buy Amazon stock.




First off let me say I'm not an investment expert nor an expert at anything financial. I'm a contrarian thinker and I'm not ashamed to say I've left a lot of money laying on the table not buying as heavy as I could into the stock market the past twenty years. I'd rather buy an ounce of gold than a share in Amazon or Tesla in my personal account. I'll let the gurus do what they will with my pension.

XAUMF is Schiff Gold. While I like to listen to Schiff and agree with him on many things, I believe there are better investments like precious metal mines that produce something and liquid I agree with Ken also that over the counter stocks come with some risks that he spelled out pretty well. I have an order in to buy an OTC gold mine stock through Ameritrade that hasn't been filled yet, it's been three days. If I try to sell it and have to wait that long or longer it could be costly and hopefully I have a good exit plan. Not very liquid.

I don't know if apple is worth almost double what it was last year, I do know that 5 companies comprise 25 percent of the value of the NASDAQ right now. IMHO that's not healthy. But to quote Schiff, "what is good for Wall Street isn't what's good for main street". The stimulus plans, quantitative easing, deficit spending and bailouts have always benefited Wall Street and the financial sectors more than the people. That is how a fiat system is rigged, that is why the income gap is growing. The Democrats haven't figured out the system they are in love with is the cause of the problem and if they ever get modern monetary theory as a mainstream it will get worse.

Adam, Ken was right, don't confuse causation with correlation. The stock market crash didn't cause the great recession. The debt bubble crash was responsible for the "Great Recession", that causation. The market dropped because of that debt bubble crash, that's correlation. Any guesses how the Federal Reserve and the US government fixed those two crashes? They made the debt bubble bigger. I hear all the time how Obama fixed the great recession. Nah, it was actions by the Fed that help pull us out of it, or should I say kick the can down the road. Powell just said they are going to leave interest rates at basically zero for years, that's insanity and the definition of a rigged market.

I put my funds in the sock market , quite stable 😀

Best thing is the four for one apple split. Won't make a difference until Apple starts to soar.

Excellent quote.

If you are able. Buying into apple after the split is good if you are investing for the long haul. It will make it affordable for the blue collar investor.

Exactly! What most don't realize is that when you print more money, it just dilutes what is already existing and erodes the buying power of dollars you have or earn. All politicians are quick to take advantage of this and give the voting public something for free or what the public thinks it "needs".

That's true but no different than buying 25 shares at $500/sh. You still end up with a hundred shares monday morning. You're right though, with AAPL it has historically increased 6-7 % after a split......within 6 months or so.

It will open monday morning around 125-130. If we get some sort of market event that drops it to 75-80 I might consider buying it. I just think its price has vastly outrun its value in the last month. Other than that it is a well run company and the coming 5G could be quite a catalyst for the company

No expert here either. I too have left a lot on the table by getting out too soon. But always remember that one-liner by Bernard Baruch. ....." I made my money because I always got out too soon."

Adam: Steven has said just what I would have in response to your question.

There is one more entity that benefits from manipulation of interest rates lower. In fact the biggest beneficiary is the federal government. Just imagine how much more debt the economy can take on when the debt service is so cheap !! That's a true statement but it should be really scary ~