I don't understand this financial market stuff very well. Can anyone break it down real simple and in few words? Is it time to buy/sell? Is the market about to collapse?
Thanks for sharing. I am thinking about buying silver. As far as GME do you plan on just holding it long term or selling before a certain time, or what (if you don't mind sharing your strategy)? Not asking for advice, just trying to learn and understand.
Hold until the share price looks like Berkshire Hathaway numbers, then keep holding until phone numbers. Then sell when you can retire very frugally on a single share.
I don't understand this financial market stuff very well. Can anyone break it down real simple and in few words? Is it time to buy/sell? Is the market about to collapse?
I have my 401k in a cash position, and I have put every spare nickle I have into GME and physical silver.
Not financial advice.
You do you.
Thanks for sharing. I am thinking about buying silver. As far as GME do you plan on just holding it long term or selling before a certain time, or what (if you don't mind sharing your strategy)? Not asking for advice, just trying to learn and understand.
Hold until the share price looks like Berkshire Hathaway numbers, then keep holding until phone numbers. Then sell when you can retire very frugally on a single share.
Buy 6/21 $20 call options
Bought 20 contracts I intend to exercise
I will slowly sell on the way up. My options are more tricky as they decay over time. I will try to sell them wen I have max value.
Exercising options and purchase underlying security is what causes max pain for wall street
Silver especially fractional is gonna come in handy when the dollar is worthless
Have you ever did something like that before? It's easier said than done.
Explain cash position please, retiring within a couple weeks
Parked in govt bonds. My 401k allowed me to invest in different funds.
Call your broker and ask them what is avalible....what is safest.
Sam except, I bought some GME years ago and added a few more last year. Mostly just buy and stack silver
I also have some long PUTS on PFE
Pfizer
The "stock market" was deliberately designed to be complicated.