Boiler Room: The Official Stock Market Discussion

The Fukin Prophecy

RIP Champ
Joined
May 1, 2012
Messages
24,087
Reputation
5,614
Daps
95,241
Markets today will be uglier than a Master P sneaker…

Best thing to do today is don’t look at your brokerage and retirement accounts…Toss your phone in the bushes or turn notifications off for whatever apps you use…

Tomorrow morning buy all magnificent 7 stocks that dipped 15% or more…
 

The Fukin Prophecy

RIP Champ
Joined
May 1, 2012
Messages
24,087
Reputation
5,614
Daps
95,241
So if the interest/fed rate goes down, is that bad or good? And why?
Interest rates down is good for the market…

High interest rates people park their money in banks and eat off that…Low interest rates you buy with that cash instead of park it in the bank…

That’s essentially what I’ve been doing ever since rates hit 5%…Makes no sense to have a large portfolio with rates like that…You take the zero risk easy money…
 
Top