Money Swap is up 57% today. I knew it was going to run from it's 50 M.A up close to the 200. Don't like to daytrade unless I can babysit my trades. No time to babysit. Next time I'll just buy, then set my T.P. and stop, then leave it at that.
By learning the crypto space. Diversification. I own 20-30 different coins under one cent. When they pump like they do they pump. I don't have any control over when they do, I just make sure by the time they decide to pump I'm already in.
I buy at the bottom and sell at the top. I buy when people are bitching and complaining about a coin and sell when everyone is talking wonderfully about a coin. I buy when others are fearful and sell when others are greedy. I do the OPPOSITE of what the LOSERS are doing. LoL
I also follow the Big Money. Last year Shiba Inu had a $0 market cap, then 4 days later the market cap jumped to $13 BILLION! What does that tell you? It means The Big Boys have arrived so I'd better buy. It pumped like 3 months later and I made a KILLING! About 1,900% profit on that trade.
Basically, I use study and common sense to make my buying decisions. All I need to know can be found on coinmarketcap.com.
Well you know what they say regarding land, they are not making any more of it. I would say that raw land would be a strong investment. Just my opinion.
Would you mind elaborating on your reasoning for this position? Long term, when back-testing, SPY dramatically outperformed JEPI. Granted, this was in a period of high stock gains. The only argument for taking a position in JEPI would be if one is expecting a stagnate S&P price for the foreseeable future, in which case JEPI should outperform. Is that your rationale for this position?
Thanks for the reply! The upside exposure is limited in comparison to just holding SPY, but the downside risk is mitigated somewhat in comparison. I've been contemplating adding some of this, or a combo of RYLD, JEPI, QYLD, etc., as I think this play is better for a flat, to slow growing of the indices, as opposed to a quick "recovery" rally. If we enter into a stagnate phase of S&P gains, a la the Nikkei after its crash, or the Nasdaq after the 2000 tech crash, this would be a good purchase. It's a way earn steady gains should things take a longer period of time to turnaround. Just my two cents. Have a great rest of your day!
Chuck Barone said that bear markets last on average 18 months with a drawdown of 40%. We could be in this for awhile something not experienced since 08/09. The fed is to blame as Greg so eloquently says.
I agree there is room for an additional, substantial decline. I think after this next round of earnings, and when a recession has been confirmed after Q2 GDP is released, there will likely be a further drop. What the Fed does at this point is really the big unknown. If they don't pivot, it's realistically another 20% drop.
I'm probably going to wait until these factors play out before I start accumulating. I'm fortunately up 4-5% for the year from doing credit spreads on oil stocks with a small portion of the portfolio. Obviously not stellar, but I'm hopeful I'll be able to start to wade in at the lows of the market without having had to ride it down. Good luck to everyone navigating this!
What I found about JEPI is this. JPM buys stocks that pay dividends, then passes some of those or all dividends to us holding JEPI. JPM also trades options to earn moneys then pays us holding JEPI in the way of JEPI dividends.
If my research is correct, then that means when there are volatilities in the market, JPM's options trade should do well, which means JPM pays us via JEPI's dividends.
Money Swap is up 57% today. I knew it was going to run from it's 50 M.A up close to the 200. Don't like to daytrade unless I can babysit my trades. No time to babysit. Next time I'll just buy, then set my T.P. and stop, then leave it at that.
MSWAP Daily Chart:
https://docs.google.com/document/d/1YHRZPeX_lXTVyh03ldfOmGkP_ttTtfObS2HlQSJ-SdQ/edit?usp=drivesdk
A 100% jump in MSWAP today. 👍🔥🔥🥳😸😍😁🤗😃 🏦🤑🤑💯🥇🏆💲↗️📈💵💰💰💰
Eeeeeeeheheheheheee 🤗😁😃🤣😂🤣
MSWAP Daily Chart:
https://docs.google.com/document/d/1IZoNAqIjakD2ZwbsCkoaaM3-8s2xf6DAa7xfhLYH2xQ/edit?usp=drivesdk
Did you get in? How do you pick these things?
By learning the crypto space. Diversification. I own 20-30 different coins under one cent. When they pump like they do they pump. I don't have any control over when they do, I just make sure by the time they decide to pump I'm already in.
I buy at the bottom and sell at the top. I buy when people are bitching and complaining about a coin and sell when everyone is talking wonderfully about a coin. I buy when others are fearful and sell when others are greedy. I do the OPPOSITE of what the LOSERS are doing. LoL
I also follow the Big Money. Last year Shiba Inu had a $0 market cap, then 4 days later the market cap jumped to $13 BILLION! What does that tell you? It means The Big Boys have arrived so I'd better buy. It pumped like 3 months later and I made a KILLING! About 1,900% profit on that trade.
Basically, I use study and common sense to make my buying decisions. All I need to know can be found on coinmarketcap.com.
I didn't need to get in. I bought this coin last year so I'm already in.
https://docs.google.com/document/d/145vppGm2I56cNvCyf-igq0udtw26kfxZdEPT1D4OFC8/edit?usp=drivesdk
Greg I know housing prices are still in a bubble, but what do you think about raw land?
I feel like rural land won’t burst along with housing, especially given what’s going on with food and general instability.
Well you know what they say regarding land, they are not making any more of it. I would say that raw land would be a strong investment. Just my opinion.
Thank you sir, Godspeed
Would you mind elaborating on your reasoning for this position? Long term, when back-testing, SPY dramatically outperformed JEPI. Granted, this was in a period of high stock gains. The only argument for taking a position in JEPI would be if one is expecting a stagnate S&P price for the foreseeable future, in which case JEPI should outperform. Is that your rationale for this position?
Pays a big monthly dividend.
The fund invests in low volatility assets which also gives an investor exposure to potential unlimited upside.
Thanks for the reply! The upside exposure is limited in comparison to just holding SPY, but the downside risk is mitigated somewhat in comparison. I've been contemplating adding some of this, or a combo of RYLD, JEPI, QYLD, etc., as I think this play is better for a flat, to slow growing of the indices, as opposed to a quick "recovery" rally. If we enter into a stagnate phase of S&P gains, a la the Nikkei after its crash, or the Nasdaq after the 2000 tech crash, this would be a good purchase. It's a way earn steady gains should things take a longer period of time to turnaround. Just my two cents. Have a great rest of your day!
Chuck Barone said that bear markets last on average 18 months with a drawdown of 40%. We could be in this for awhile something not experienced since 08/09. The fed is to blame as Greg so eloquently says.
I agree there is room for an additional, substantial decline. I think after this next round of earnings, and when a recession has been confirmed after Q2 GDP is released, there will likely be a further drop. What the Fed does at this point is really the big unknown. If they don't pivot, it's realistically another 20% drop.
I'm probably going to wait until these factors play out before I start accumulating. I'm fortunately up 4-5% for the year from doing credit spreads on oil stocks with a small portion of the portfolio. Obviously not stellar, but I'm hopeful I'll be able to start to wade in at the lows of the market without having had to ride it down. Good luck to everyone navigating this!
Thanks for the heads up on JEPI. Bought it when you first did and added to it this morning. That is one amazing yield, 9%
Remember the banks? PDBC? Is anyone still listening to Greg's picks anymore?
It’s held up nicely today on the downturn.
i hope one day ill understand what all this means
Thank you for sharing.
What I found about JEPI is this. JPM buys stocks that pay dividends, then passes some of those or all dividends to us holding JEPI. JPM also trades options to earn moneys then pays us holding JEPI in the way of JEPI dividends.
If my research is correct, then that means when there are volatilities in the market, JPM's options trade should do well, which means JPM pays us via JEPI's dividends.
Correct me if I'm wrong.
Owned it for a while. Nice investment. Thanks for the update!
Nice info much appreciated sir