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Whatever floats your boat my friend. And FWIW, you can imbed your comments and the post that you are replying to in one message rather than two.
How you handle a correction depends on a lot of things. A younger investor working full time is apt to be in the buy and hold accumulation phase...
Questions about preferred stocks are not likely to get a lot of feedback because it's not a widely followed sector of the market. It's more of a...
This may sound contradictory but I don't have a problem with buying some of the higher yielding preferreds when they go public, especially in the...
Gold is ‘iffy’ during recessions: - In 1990, it lost about 10% of its value. - In 2000, it did nothing. - In 2008 it dropped 30% from its peak...
If I had it all to do over again (30 years ago), I'd have bought high delta, low IV two year call LEAPs on quality large cap stocks. Hold 12-15...
If you compound that at 10% a year for the next 25 years, with $2k+, you'll be a wealthy man among those who sleep beneath the underpass on the...
If these are U.S. stocks and if you post the symbols, I'll check my broker's shortable stock list and see how many are available for borrowing....
If an option still has time premium, it makes more sense to sell it to close because exercising it throws away the time premium. When an option...
Reacting to news isn't market timing. It's taking a position based on price movement that is reacting or likely to react to that news. For...
Congrats on riding RKT up. I've never had the pleasure of being long during a short squeeze but it's a thing of beauty to watch. The GameStop...
The correct statement is that it's not easy for YOU to make money in a down market. I predict nothing. No "+100,000% options plays." No "-99%...
Defensive much? You're the one who stated that "it's very hard to make money on the downside because the biggest green days occur when volatility...
All of the brokers that I have dealt with provided the "Available To Trade" dollar amount, whether it be settled cash (cash account) or buying...
Good judgement comes from experience. Experience comes from bad judgement. :->) And continuing with hokey statements: "A man's got to know...
I beg to differ with that statement. It is far easier to make money to the downside during corrections because the speed (and frequency) of the...
And I've gotten even older :->) Here's a few of my 1980's brokers that are long gone: Datek, Pacific Brokers, Eastern Capital, York Securities....
I suppose that I also owe an apology to Robin Hoods played Errol Flynn, Sean Connery, Kevin Costner, Russell Crowe and many others. An extra mea...