Yeah, it is like playing with fire, but my thinking is that we're going to war or at the very least completely decoupling from Russia and China (over time), and I want Western steel to take back over the market for the West. I also only want to be in stocks with an ultra low P/E, ones that will fair OK in a protracted downturn (not based on market growth), just so that I'm not fully in cash, in case the Fed fucks around.
If you were totally out of real estate and wanted to get rid of some cash to hedge against the risk of some kind of monetary collapse, but you didn't want to put any more money into gold (or crypto), what do you think you would add to your portfolio?
Yeah that's true, just trying to figure out what the hell to put money in besides gold (I don't want to have too high of a percentage in metals). I figured these super low PE ratio manufacturing stocks that are going to be needed during war time, usually they have high dividends and lots of cash on hand, so they have room to pivot, etc.
Oh wow, I did not know TLT was this oversold. Tells you the market doesn't think the Fed will stop the interest hikes for some time. Of course, it's forward looking, so your March calls could pay off big when the jobless claims start rolling in over the winter.
Yeah, it is like playing with fire, but my thinking is that we're going to war or at the very least completely decoupling from Russia and China (over time), and I want Western steel to take back over the market for the West. I also only want to be in stocks with an ultra low P/E, ones that will fair OK in a protracted downturn (not based on market growth), just so that I'm not fully in cash, in case the Fed fucks around.
If you were totally out of real estate and wanted to get rid of some cash to hedge against the risk of some kind of monetary collapse, but you didn't want to put any more money into gold (or crypto), what do you think you would add to your portfolio?
Yeah that's true, just trying to figure out what the hell to put money in besides gold (I don't want to have too high of a percentage in metals). I figured these super low PE ratio manufacturing stocks that are going to be needed during war time, usually they have high dividends and lots of cash on hand, so they have room to pivot, etc.
Oh wow, I did not know TLT was this oversold. Tells you the market doesn't think the Fed will stop the interest hikes for some time. Of course, it's forward looking, so your March calls could pay off big when the jobless claims start rolling in over the winter.