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To: robert b furman who wrote (40393)10/7/2024 4:30:24 PM
From: skinowski  Respond to of 41466
 
Tiring of having 2 homes?… yep, sooner or later that happens. I’m having second thought about life in a condo - yes, the ocean across the street means one can go fishing any time - but the hyperactive government likes to “replenish” the beach (I guess, in part it’s done on the federal dime) - and for some reason, this scares away the fish. They must be smelling something, from this pumping of sand from the ocean floor.

For exercise, it’s usually swimming laps - or long walks - or Gym. Always liked to smoke a nice brisket - but, that’s not in the cards. Place too civilized.

Anyway…. Like you, I keep some cash - between 20 to 40%. Plus / minus. It’s easier to do lately - brokerages pay a meaningful return.

I guess what I’m doing is best described as momentum. Right now, I don’t have much commodity exposure - but will be quick to get some, as soon as they turn stronger that the broad market (SPY). The bulk of the exposure are index ETF’s.

Did get into the dividend game a bit - developed a stable of dividend payers. But, I have an attraction to the wild ones, paying large numbers. Getting a little tired of them - relatively few go up in price - and I don’t like to see red - so, I have to rotate them. Sometimes they’re fun - 2-3 years ago bought a position in PBR - because they paid a pretty crazy dividend. Over time, they lowered the payments - but they’re still OK. And - while the price still swings around, it does so at higher levels.

My kids got me interested in Bitcoin. But, I came to like BITO - an ETF which holds Bitcoin futures. They make money because, historically, they buy futures further out in time, and sell the current month. Turns out that for Bitcoin, most of the time this is profitable. Enough to pay a nice dividend - sometimes very high, actually.

So, keeping track of things, for fun and profit. Life goes on.



To: robert b furman who wrote (40393)10/8/2024 12:05:53 PM
From: da_cheif™  Read Replies (2) | Respond to of 41466
 
Hi Bob,,,,gotta long way to go.......,

rite here on skis thread 11 years and 27000 dow points ago.......

To: skinowski who wrote (14910)2/3/2013 7:07:22 PM
From: da_cheif™18 Recommendations Read Replies (1) of 40395
> I don't think that is possible to know.<......any GOOD ewaver with credentials to prove it would know that the epicenter of primary wave 3 up is under way....whats coming will extricate the likes of robert prechter from the corner they spent the last quarter century getting into.......then they will spend a lot of time explaining why they didnt see it coming instead of enjoying it if indeed they knew what they were doing......as the global rush to free enterprise and democracy unfolds in all its glory producing an inflationary world wide economic explosion of unparalleled proportions the stock market is in the early stages of discounting this once in a lifetime event.....few will make a dime in as much as they will get bubble mania paralysis.......eventually euphoria will be endemic as speculation then runs rampant......volume will explode as prices accelarate.....500 to 1000 point up days will be the norm......it's the dows divisor which is now a multiplier that will be the driving force dont you know.....