@PebbySandhu Big daddy Warren says buy when there is blood in the streets. I think anything under $20 is a solid buy and leave it alone for 5-7 years….
@JLininson@Melrob2258 Find a broker that lets you exchange into usd and hold/invest usd. I use Webull as no fees and lets me trade us options. My account is reported in usd, and not continuously converted back to aud such as commsec and nabtrade. You can then hedge aud
@bowtiedstocks Defensive rotation and tax law changes. Most of the buying has been during the recent conflict in Iran. If inflation continues to run and rates go higher, groceries might be the only place to hide. Especially with a stronger dollar wreaking havoc on the miners
@WhaleNoName Stay long, don’t get shaken out by market dooms day trash. Trying to pick a crash and shorting markets is a negative EV trade. Risk management is key, I don’t see this market selling off properly pre ipo’s. All dips will be bought 🚀
@WhaleNoName The companies concentrating the SPY are printing real free cash flow that is being used ti fund the AI build out. Very different to the dot com era where the leaders were priced at multiple of 200x. The pick and shovel speculative plays are more bubbly. It’s not over pre ipos