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Non-Tech : Kirk's Market Thoughts
COHR 159.34+18.3%Nov 6 3:59 PM EST
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To: berniel who wrote (14035)6/13/2022 11:11:57 AM
From: Kirk ©1 Recommendation

Recommended By
berniel

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I heard the other lying POS on TV this AM tell David Faber he got out of Crypto "even" today... the POS who was telling the audience about getting 8% a year to own it and talk about it on TV and even recommend CNBC listeners put some of their assets in it. He said it was like owning a Treasury (2 year?) over that time... (since treasuries paid next to nothing) My guess is his getting even counts the money he was paid as "interest."

I remember he did the same thing with Gold. When it was topping he said you could put 20% in it... then when it crashed, he said 5% was OK. That is why he doesn't publish a track record for his "club portfolio."

I wonder how much of the huge real estate gains here are partly from the Chinese and Crypto bubble investors cashing out and buying SF to SJ real estate with the cash much as the internet bubble heads did with their cash after cashing in options and stock before they lost all gains in 2001.

This sucks even though I've been right to have my largest position in CASH. I think my iBond portfolio might be #2 (in my personal account) now as my tech stocks that were in the top 2 to 10 have taken massive hits while the iBonds are doing great.

Current Rates for New & Older I Bonds
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