Where would you invest $1M right now?
If you guys had $1M to invest in todays environment, where would you put it? Stocks, bonds, real estate, alts, etc?
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I bet you can guess what I'm going to say.
I know a lot of people on here use TQQQ…
haha this was my first thought that people would say TQQQ....
Buying TQQQ right now is genuinely one of the dumbest moves I can imagine. There might be a small rally, but we will be notably lower before the EOY unless there's a significant shift in Fed policy (which will only drag out the inevitable and make it that much worse when we do crash).
Oh ok - why do you like BBBY?
Tell me you didn’t see the original thread without telling me…
Hustler's University.
Short Gold (biggest play of the century I think), food inflation plays (L/S wheat short term futures), 50% cash in fixed deposits, deep value stocks, SPY long dated puts, only buy houses that i want to stay in, distressed debt, wine.
how long term are you thinking with this one?
Gold short until it reaches 2020 levels at least. Gold is never going up beyond 2,000$
Is shorting gold sarcastic? Personally long metals rn
I think this is the worst time to be long any metal. In a slowing economy, demand for metals goes down due to lower economic activity. Be it construction or EV cars. Steel is the worst at the moment. I don't understand why you would want to long metals.
probs put it into growing my music project. dawg $1 MM is enough to make some kind of active investment.
short-dated call options on TQQQ
OTM right?
waaaaay OTM
Long $F / QQQ
A very short-term play is the UK hospitality/tourism sector. Virtually every single country on earth (including countries you have never heard of like Tuvalu or Saint Kitts and Nevis) is going to have their heads of states and other dignitaries (and their associated staff, security, etc.) descend upon England for the Queen's funeral. Factor in some of the hoi polloi from abroad who are not even invited to the funeral (but want to be in London to take in the sights and sounds while the excitement is going on), and that means practically every hotel room in the greater London area is going to be booked and ancillary spending will be well above average for this time of year.
long european power
I'd establish a non-profit DM me if interested in establishing a non-profit to help the poors build generational wealth.
If you have about 50 people like you who have 1M in cash to invest I have a pretty interesting thing I can put you in.
what would that be
SBLCs
Slot machines probably
Say fuck it and throw $100K in MTUM, $400K in cash for trading, $500K I'm saving for RE or/while putting in bonds
If you are NOT buying TQQQ right now you are going to miss out on some potentially life changing money in my opinion. People can talk about fed policy, macro turmoil, regulation, etc. but that’s all just noise and the same shit everyone says whenever there is a pullback in equities. Doom and gloom everywhere, and honestly its about time we get a nice buying opportunity so I’m completely here for it. There are very few instances where TQQQ (when backtested against QQQ - more historic data to work with) has declined 75% and presented an entry point like this, and it honestly seems like in the near term it will only get cheaper.
I have been plowing money in over the past few weeks and will continue to do so until I run out of cash reserves in my PA. Then I’ll probably put my bonus in it too when I get that lol. Can anyone reasonably believe that in 10 years TQQQ will be lower than it is now? Absolutely not. I wouldn’t be surprised if it is 10x what is now. These are the biggest, most well capitalized, and well positioned tech companies. Tech is the future and will continue to evolve. The US dollar relative to other currencies is strong. I think it will be just fine. Would love to hear any counterpoints.
I agree with your long-term view, but TQQQ is going significantly lower before it goes up. In 2020 it got as low as $12 ($21ish right now). Obviously this is a very simplistic way to look at things, but we're not in full bear-market mode yet. I would average-down slowly
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