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   ArmchairEconomist (armchaireconomist01@poa.st)'s status on Monday, 15-Jul-2024 05:00:13 JST ArmchairEconomist
   Don't short stocks....
   
   But stand clear of the stock market, it's going to go super nova & will wreck millions of lives whose retirement was predicated on stocks going up forever
   • BowserNoodle ☦️ likes this.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 15-Jul-2024 05:01:46 JST BowserNoodle ☦️

     in reply to
     @ArmchairEconomist01 Shorts are brutal. Buying puts is way safer but still a fast way to lose money. Markets go up when bad news happens because algos trade on anything and people closing shorts. Never mess with puts or shorts is my take unless you're hedging with complex strats.
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     ArmchairEconomist (armchaireconomist01@poa.st)'s status on Monday, 15-Jul-2024 05:04:43 JST ArmchairEconomist

     in reply to

     • BowserNoodle ☦️
     @BowsacNoodle I keep it simple.
     
     I buy & hold
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 15-Jul-2024 05:06:19 JST BowserNoodle ☦️

     in reply to
     @ArmchairEconomist01 I like dividends and things that generate them from real value (read: less financial chicanery and more consistently profitable operations). Boring old lady stocks and growth stocks and a few moon shots.
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     agaperealm (agaperealm@poa.st)'s status on Monday, 15-Jul-2024 05:50:52 JST agaperealm

     in reply to

     • BowserNoodle ☦️
     @BowsacNoodle @ArmchairEconomist01 Same. However, what I am being told by someone that has historically been quite accurate, is that a 23% hair cut is possible this Fall. Question is, what does one do with buy and hold stocks if they believe this will actually be the case?
     BowserNoodle ☦️ likes this.
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     BowserNoodle ☦️ (bowsacnoodle@poa.st)'s status on Monday, 15-Jul-2024 06:04:48 JST BowserNoodle ☦️

     in reply to

     • agaperealm
     @agaperealm @ArmchairEconomist01 You can either SELL calls or BUY puts. This isn't investment advice of course. Calls generate income and if they expire worthless the premium they generate offsets some of the loss. Puts cost money and if the stock drops to in the money, you get a bunch of cash that can offset the loss.