Stock-Age: Stocks, Options and Dividends oh my!

Nasdaq almost wiping out its YTD gains

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I'd watched a bunch of talks by Cathie Wood a while back, and none of what she was saying sounded convincing to me. It sounded like a snake-oil salesman using a bunch of flashy buzzwords on impressionable 80-IQ rubes.

And then for no reason at all I dumped a bunch of money in anyway.

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So what to do when the market is like this. The best thing I find is not to panic and don't sell your stronger positions.


Take the loss and average down of possible.
 
Is this what the Great Depression felt like?

Nah, don't worry too much about the yield. It cross 1.5% so that is bad news for the FED. If it remains sticky there for the next quarter or two they won't do anything. However, if it continues they'll step in and start buy assets and restoring liquidity plus do some yield curve control to manage tail risk.
 
I ended .50% up so I'm not upset.
Oil saved me. Apple was an anchor around my neck ruining my oil gains but I have faith in Apple over the long haul.

Picked up some ON on discount today.
 
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Calculated how much I'd lose if I sold off my deadwood right now.

Painful, but it might be a necessary sacrifice depending on how tomorrow is looking.

AMD at its lowest point since October 2020, Apple since December, LIT since December as well.

Shambolic.
 
Odd thing. TD Ameritrade made me acknowledge an options risk EULA when signing in today. I don't think it was targeted at me since mine are lower risk and probably directed at over leveraged people when the market was scrambling.
 
Thank goodness that my wife's portfolio has no tech stocks at all. While mine has been shitting the bed the last couple weeks, hers has been doing relatively fine.
 
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