So how did you make out? and why are you even here and not on some Canuck trading forums, eh? I wish you'd go away...
Nasdaq bounced right off the 50 dma — for now !
- Thread starter derektrader
- Start date
And lose many times more purchasing power than that due to inflation. And then if rates rise, the value of your investment tanks.
Oh yeah? Let's see...
You receive $10 millions interest per year from your 1 billion T-bond purchase. It costs you 200K/year to live (and I am generous). With 3% inflation that means you need $206K for living expenses (you add 3% to 200K).
Poor you, you are left with only... $9,794,000 at the end of the year!
ANY investment can tank.
But don't worry, you will still have plenty of interest money to buy all the cheeseburgers you want.
With the Coke and the French fries, of course.
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Oh yeah? Let's see...
You receive $10 millions interest per year from your 1 billion T-bond purchase. It costs you 200K/year to live (and I am generous). With 3% inflation that means you need $206K for living expenses (you add 3% to 200K).
Poor you, you are left with only... $9,794,000 at the end of the year!
ANY investment can tank.
But don't worry, you will still have plenty of interest money to buy all the cheeseburgers you want.
With the Coke and the French fries, of course.
Any investment can tank, but the risk : reward on 30 year is horrible. Only makes sense if you are certain that rates will go lower. I'd rather own XLP and maybe a little XLI for a higher yield than treasuries. Both will go higher if market goes higher. XLP held up well last March.
That's fine too, no problem.
The trick is to get the billion first, the rest is easy, hahahaha
Cordially.
...
With the Coke and the French fries, of course.
Hmm, I was going to call that a Double Whopper, but it has an extra slice of white cheese I don't recognize.
It can't be a double Big-Mac, because McD's doesn't sell Coke, and also has that extra white cheese and no special sauce.
Five Guys? Sonic?
The image is from a mom and pop fast food joint in San Francisco.
I was only kidding with that cheeseburger thing, stay away from fast food and processed food guys, seriously.
GOOG and AMZN are still drifting down below the 50d. With all the call buying in Apple recently, it seems like max pain for that one is the gap fill at 97. I think it's a given 'daq spends some time below the 50.
The market looking shakey, an ugly reversal today.