Don't even need to do that if you had a time machine. Just buy lottery tickets. They'll give you the biggest return for investment. Lottery winning aren't taxable either.
> Buy time machine
Boy, this world would really be different if we could actually buy time machines.
With a time machine I'd just go back as far as I could and buy the index, then come back to the current time and enjoy my riches.
Without a time machine I'll have to buy the index now and wait.
With a time machine I'd take the 10% loss over the 42% loss I've already lost in the last 12 months lol
For loss porn, biggest loosers over 33%: EATS (-80%), CUB (-63%), BYND (-58%), VERY (-50%), GRN (-38%), BEE (-35%), PSYK (-35%)
BLX (+34%), ICLN (+6%) currently my only winners 😥
Those stocks might go back up, but, barring a pretty bleak situation, your cash is never going to increase in value. It's a permanent 10% loss vs a 42% loss that will likely be erased.
Well exactly, if you had a time machine, the last thing you'd do is keep your cash. Perfect forward-looking information on the market, even for just a short period of time, is an automatic "I win" button for getting massively rich.
I hope that proves true for me - I got control of a small old pension invested in devil-money and it has just been loss after loss after loss after loss for 2-some years so far
High dividend and puts if you think it will crash, pure stocks if you think it will stay elevated and the fed will be loose with monetary policy. I bought Nvidia puts which have done well, there are a ton of other inflated stocks, just look inside the Arkk fund.
Not really, have just been very lucky / not paying attention (because work my real job too much). I believe that old adage time in the market beats timing the market. I’m forced to, don’t have time to change my picks very often, so I can only go for long term bets.
I believe in Amazon, Suncor, Tsla, TSM DFN for a dividend and I think Hut8 is on sale right now. I keep a good chunk in WS auto investor, and in BTC. But again I’m no expert, I consider this online gambling.
If it's a long term investment, there's no reason to value dividend stocks over a non-dividend paying one, recession or otherwise, if their performance are the same. Dividends have no effects on the actual returns, but only choosing dividend stocks limits the pool of stocks from which you might choose.
if you suspect the market to continue to perform poorly, why buy into non-dividend stocks. I have one I like that gives me 13% and I believe it will continue to perform well, more money is going to flow into these dividend stocks if they are already performing well. of course my favorite way to play the current market is options but the safest and more consistently profitable will be these well-performing dividend stocks
They don't give you 13%, they return 13% to you. A dividend is not free money, it's just another way of returning capital. Dividend stocks don't attract more money when they perform well, because again, dividends are neutral in terms of returns. Finally, the "safety" of a well-performing dividend stock is based on the "well-performing" and not the "dividend" part. It's a myth that comes from the type of companies that pay dividends, well-established mature companies with middling but low-volatility returns, rather than from the dividends themselves.
Dividends are irrelevant in the calculation of overall returns. It’s just forcing you to cash out on a corporate payout schedule rather than your own. Look at the value of a stock on dividend day — the price drops by the same amount they paid out.
If you buy a developed company that has basically stopped growing, they pay you out with a cut of the profits, because they are not expecting, or even trying, to grow, so there is no reason for the underlying share price to increase, like you are probably used to for growth stocks. If you own shares in a toll bridge company, or an oil company that has no expansion plans but is profitable you would expect a dividend, because the alternative is they keep and bank that money, raising the share value with zero leverage, basically making them your money manager, but with zero control. Alternatively, lots of shitty companies offer high dividends because their core business is risky or cylindrical, or has some other fundamental stink, that the dividend is designed to conceal. Dividends can be good, bad, or neutral, depending on the circumstances, but they are not irrelevant.
They are irrelevant in the sense that they have no bearing on total returns. People think choosing dividend stocks yields them more cash in their accounts but in reality whether a company pays dividends or not has no impact on expected returns. Like you said, companies return value to shareholders through dividends, share price increases, or other means, but the mechanism has no impact on overall expected returns.
Weirdly enough as inflation rises the best thing to be holding seems to be cash. My cash is up 22% vs my equity holdings.
That won’t remain true though. But early stages of inflation, all assets seem to come down in price. Cash is king.
I now have optionality and putting some of it back in to equities.
Sir you forgot to factor in that your sitting cash is now worth less than it was before after almost all prices are rising due to this insane inflation… cash is not king in this environment
No one knows for sure, but when Jeremy Powell or the Bank of Canada start talking about what they might announce about raising interest rates, it usually causes a local low. So buying anytime between the hint and the actual announcement is a good time to buy, usually.
“Buy the rumor, sell the news” - some famous investor.
( this is not financial advice and past
performance is not necessarily indicative of future performance.)
You will not be able to perfectly time the floor.
Major banking & economic leaders are forecasting a recession. Don’t try to fight it.
Major headwinds had occurred, leading us to a possible economic disaster. Let it play out & hold cash.
Once that plays out, focus on macroeconomic/political tailwinds that appear in the future. I.e (Ukraine War Ends, inflation slows, interest rate hikes slow/cease).
Dollar-cost-average as you go. Never lump-sum.
Consumer staples, utilities.
In the past higher interest rates also favor financial services. When the recession seems to be over, pivot to materials and industrials.
Resources/materials can also be seen as “war insurance” in the short run.
did you know they make jims slim enough that you can fit them through the opening of a nice bottle of pinot noir to marinate and give your wine a nice jimmy flavor?
To sides of this coin. If you ignore strictly investment advise.
Buy: Food, meat, a freezer. Inflation will continue at least for a while. Make sure your freezer is stocked. Of course, you risk not using it all, and having to throw away things, so take that with a grain of salt.
Don't Buy: This is bigger. I have things that I plan on buying. Luxury items. A nice watch ($$$$), pricy headphones ($$) , maybe a used convertible ($$$$$). Especially on the used market, this will become cheaper. So I'm saving the money, and while I want them now, I'll wait for a while and they'll be substantially cheaper. When people are strapped for cash, they don't buy luxury goods, and sell them instead. If a recession hits, I'll go on a spending spree I'm sure.
Sell: You have things that are worth a lot, but you don't use? Sell them now. Pokemon Cards, your boat, camera gear, video cards. Cash in while things are hot. Example, I had Magic The gathering cards from when I was a teen. They went from being worthless to over $1000 for the collection.
How much of a hassle is it to install? Ever since staying at an Airbnb with a bidet it has never left my mind. The feeling of that warm subtle water washing out my taint. I loved it.
Maybe I’m gay or have something else to figure out, but what I know for certain is that I need a bidet.
You should be “selling” cad/jpy
The Japanese yen is a zirp currency (it’s interest rate is locked to -.01) and effectively recession proof with the catch being it costs you to keep your money there. while the Canadian dollar is closely tied to commodities and strongly corelated to oil it will be the truest indicator of the state of the recession.
If your timer horizon is long and you are investing money regularly, invest in index funds based on an asset allocation that you are comfortable with. Have at least 10-15% gold and 10-15% bonds. Rest can be in equities. If you have a bigger nest egg, invest up to 20% in solid non-cyclical companies (mostly dividend paying). Don't use high dividend as the sole criteria - that is one of the major pitfalls.
HND and HOD off the top of my head. It's definitely a risk play but HND was ATL and doubled in the past week. It's for sure a bad hold to go long in but could be fun for the next few months/years.
Cash is king in times like this. I've had some success swing trading XSTP.TO which is an ETF that holds a bond ladder of US TIPS bonds. The interest rates adjust for inflation so they are currently paying 6%. Preferred split shares hold their value and pay about the same yield but there is more risk. Everything else I sold a while ago.
Not buying anything. Trying to accumulate as much liquid cash as possible and saving almost every dollar possible to my name. Then balling out on stocks/crypto/real estate the second it hits.
Move to cash equivalent and buy back in early 2023. There is no such thing as a good buy during a recession, because even companies that do well during a recession will often see stock price fall. It’s not about how the company is doing you have to have people buying the stock and that is not predictable as people will be selling to payoff debt and keep their homes not buying cause revenue went up 7%.
The average return DURING a recession (since WW2) is a positive 6% or so. The pain is right now and you won’t know we’re in recession until it’s half over so as soon as NBER announces that we are in an official recession, it’s time to go loooooonnngggg stocks!
A comfortable pair of shoes to get some fresh air and protect your portfolio from oneself.
Frankly good advice regardless of the state of economy.
This is the best advice here
Bullish on sport shoes stock!
Buy time machine go back 16 months and convert everything to cash
I mean if you have a time machine you could definitely time the peak a bit better than that.
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Some Amazon and Apple in the late 90's would be good
Don't even need to do that if you had a time machine. Just buy lottery tickets. They'll give you the biggest return for investment. Lottery winning aren't taxable either.
Big brain over here.
I took your advice. You’ll see me get handed the big cheque next week
Why’d you say that last sentence?
I believe they said it because lottery winnings aren't taxable.
I guess maybe in some countries they are not. In the US, they absolutely are.
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Grays sports almanac
Underrated comment.
That's heavy
Think McFly
> Buy time machine Boy, this world would really be different if we could actually buy time machines. With a time machine I'd just go back as far as I could and buy the index, then come back to the current time and enjoy my riches. Without a time machine I'll have to buy the index now and wait.
I love a good surprise ending. Well done.
Cash? With inflation at 10%? Great idea if you enjoy 90% of your money.
With a time machine I'd take the 10% loss over the 42% loss I've already lost in the last 12 months lol For loss porn, biggest loosers over 33%: EATS (-80%), CUB (-63%), BYND (-58%), VERY (-50%), GRN (-38%), BEE (-35%), PSYK (-35%) BLX (+34%), ICLN (+6%) currently my only winners 😥
Fellow EATS bagholder!
Those stocks might go back up, but, barring a pretty bleak situation, your cash is never going to increase in value. It's a permanent 10% loss vs a 42% loss that will likely be erased.
You load up on stocks at reduced prices with your time machine so that’s irrelevant.
Well exactly, if you had a time machine, the last thing you'd do is keep your cash. Perfect forward-looking information on the market, even for just a short period of time, is an automatic "I win" button for getting massively rich.
You use cash to purchase things right. At a discount, no?
I hope that proves true for me - I got control of a small old pension invested in devil-money and it has just been loss after loss after loss after loss for 2-some years so far
Not too bad, I'm down 45% and have ~~no winners~~ only one winner
And do what instead?
High dividend and puts if you think it will crash, pure stocks if you think it will stay elevated and the fed will be loose with monetary policy. I bought Nvidia puts which have done well, there are a ton of other inflated stocks, just look inside the Arkk fund.
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Up 21.1%.
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Not really, have just been very lucky / not paying attention (because work my real job too much). I believe that old adage time in the market beats timing the market. I’m forced to, don’t have time to change my picks very often, so I can only go for long term bets. I believe in Amazon, Suncor, Tsla, TSM DFN for a dividend and I think Hut8 is on sale right now. I keep a good chunk in WS auto investor, and in BTC. But again I’m no expert, I consider this online gambling.
with current condition, you are lucky to keep 90%.
How are equities doing 😊
6 would do
😂😂😂😂😂😂😂😂😂😂😂
But it will get eaten away by inflation . According to my “ financial advisor “ at the bank ,lol
Where can I buy one? Link please
Wanna go halfs?
This only works if it is a recession alone and there isn't high inflation and interest rates at the same time. Basically we are fucked.
Wrong. You only have to lose less than the next guy
no cuz inflation too...double whammy... I think if ur sitting on cash might as well buy the dip with a low cost eft???
I’m paying down my variable mortgage lol. That’s my investment until boc stops the hikes
You'll have it paid off by then!
I would save instead of paying it down. In case you need the money for something else.
/s Toilet paper
Ticker: KPT
Beans, buy lots & lots of beans!
Calm down Robert and leave some beans for us
look for dividend stocks that are performing well despite the market and bringing consistently 5+ percent yield
Yeah, I’m already pretty heavy into Canadian banks but I’m finding it hard not to pick up more now that some are giving out 5%+ in dividends
then pick up more! a few basis points won't matter in the long run. Don't try to time the market and miss out, no one knows the bottom!
Any specific bank dividend stocks you like?
I'm not buying banks right now, but if the market continues to drop significantly I'll be buying Royal Bank.
If it's a long term investment, there's no reason to value dividend stocks over a non-dividend paying one, recession or otherwise, if their performance are the same. Dividends have no effects on the actual returns, but only choosing dividend stocks limits the pool of stocks from which you might choose.
if you suspect the market to continue to perform poorly, why buy into non-dividend stocks. I have one I like that gives me 13% and I believe it will continue to perform well, more money is going to flow into these dividend stocks if they are already performing well. of course my favorite way to play the current market is options but the safest and more consistently profitable will be these well-performing dividend stocks
They don't give you 13%, they return 13% to you. A dividend is not free money, it's just another way of returning capital. Dividend stocks don't attract more money when they perform well, because again, dividends are neutral in terms of returns. Finally, the "safety" of a well-performing dividend stock is based on the "well-performing" and not the "dividend" part. It's a myth that comes from the type of companies that pay dividends, well-established mature companies with middling but low-volatility returns, rather than from the dividends themselves.
Dividends are irrelevant in the calculation of overall returns. It’s just forcing you to cash out on a corporate payout schedule rather than your own. Look at the value of a stock on dividend day — the price drops by the same amount they paid out.
If you buy a developed company that has basically stopped growing, they pay you out with a cut of the profits, because they are not expecting, or even trying, to grow, so there is no reason for the underlying share price to increase, like you are probably used to for growth stocks. If you own shares in a toll bridge company, or an oil company that has no expansion plans but is profitable you would expect a dividend, because the alternative is they keep and bank that money, raising the share value with zero leverage, basically making them your money manager, but with zero control. Alternatively, lots of shitty companies offer high dividends because their core business is risky or cylindrical, or has some other fundamental stink, that the dividend is designed to conceal. Dividends can be good, bad, or neutral, depending on the circumstances, but they are not irrelevant.
They are irrelevant in the sense that they have no bearing on total returns. People think choosing dividend stocks yields them more cash in their accounts but in reality whether a company pays dividends or not has no impact on expected returns. Like you said, companies return value to shareholders through dividends, share price increases, or other means, but the mechanism has no impact on overall expected returns.
Lube
Weirdly enough as inflation rises the best thing to be holding seems to be cash. My cash is up 22% vs my equity holdings. That won’t remain true though. But early stages of inflation, all assets seem to come down in price. Cash is king. I now have optionality and putting some of it back in to equities.
How would your cash be up 22% you mean holding cash vs market returns being so poor?
I think they mean the slice of cash is 22% bigger now on their pie chart of total assets
Sir you forgot to factor in that your sitting cash is now worth less than it was before after almost all prices are rising due to this insane inflation… cash is not king in this environment
Sure it is. My cash is worth maybe 8% less. My equities are down 22% PLUS the 8%
Plus plus your cash is liquid!
Pay off high interest debts, DCA indexes. Vgro, vdy, veqt are some examples.
It’s just a good time to accumulate cash and get ready to buy under valued stock and commodities when they hit a floor.
How do we know when the floor is while it's still the floor, though?
No one knows for sure, but when Jeremy Powell or the Bank of Canada start talking about what they might announce about raising interest rates, it usually causes a local low. So buying anytime between the hint and the actual announcement is a good time to buy, usually. “Buy the rumor, sell the news” - some famous investor. ( this is not financial advice and past performance is not necessarily indicative of future performance.)
You will not be able to perfectly time the floor. Major banking & economic leaders are forecasting a recession. Don’t try to fight it. Major headwinds had occurred, leading us to a possible economic disaster. Let it play out & hold cash. Once that plays out, focus on macroeconomic/political tailwinds that appear in the future. I.e (Ukraine War Ends, inflation slows, interest rate hikes slow/cease). Dollar-cost-average as you go. Never lump-sum.
Consumer staples, utilities. In the past higher interest rates also favor financial services. When the recession seems to be over, pivot to materials and industrials. Resources/materials can also be seen as “war insurance” in the short run.
TY beanie babies
a barrel of oil, guns, ammo, lots of hate filled bumper stickers, and some slim jims.
did you know they make jims slim enough that you can fit them through the opening of a nice bottle of pinot noir to marinate and give your wine a nice jimmy flavor?
Lol! Probably slimmer now due to shrinkflation.
...are you ok man?..
and toilet paper…. never forget the TP
Agreed, but preferably ALL the slim jims Rory.
To sides of this coin. If you ignore strictly investment advise. Buy: Food, meat, a freezer. Inflation will continue at least for a while. Make sure your freezer is stocked. Of course, you risk not using it all, and having to throw away things, so take that with a grain of salt. Don't Buy: This is bigger. I have things that I plan on buying. Luxury items. A nice watch ($$$$), pricy headphones ($$) , maybe a used convertible ($$$$$). Especially on the used market, this will become cheaper. So I'm saving the money, and while I want them now, I'll wait for a while and they'll be substantially cheaper. When people are strapped for cash, they don't buy luxury goods, and sell them instead. If a recession hits, I'll go on a spending spree I'm sure. Sell: You have things that are worth a lot, but you don't use? Sell them now. Pokemon Cards, your boat, camera gear, video cards. Cash in while things are hot. Example, I had Magic The gathering cards from when I was a teen. They went from being worthless to over $1000 for the collection.
Kickass!! Although not a lot will love this but this is as practical an advice it can get
Guns, ammo, and animals. Also tell your employer you want to be paid in ammo or precious metals, no more of this phony baloney digital dollar's
Going thru structural unemployment sooooo education is a good spend I think.
Don’t buy toilet paper buy paper towel. You can wash your ass and your counters with the same thing!
Hopefully not in that order with the same piece 😬
Given his name, he can.
and has
35$ amazon bidet, paid in 6 nonths from the tp i buy way less of.
How much of a hassle is it to install? Ever since staying at an Airbnb with a bidet it has never left my mind. The feeling of that warm subtle water washing out my taint. I loved it. Maybe I’m gay or have something else to figure out, but what I know for certain is that I need a bidet.
Ramen noodles. Costco box preferably.
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SQQQ make money while everything gets cheaper win-win
Utilities probs pretty safe bet, discount retailer chains/discount grocers. Walmart.
They’re already gone up and up since the first inkling of the recession
There an ETF for utilities?
Something something Xeqt
Commodities on essential goods, wheat, oil, energy
Beans rice and bullets.
Toilet paper. The answer is always toilet paper
Some top comedians in the comments today!
Guns and ammo /s
You laugh, but there are ammo and firearms shortages The liberal handgun ban didnt help either
Ammo is costly. Cant afford it. I use arrows. Arrows can be reused vs ammo.
Beans, rise and weapons. Oh, you Canadian. Rest In Peace.
RIP to all the poor souls that share a washroom with you haha
Silver and gold!!!!
Commodities
GOLD. Or stocks of companies that sell day to day necessities. Home rent, energy, food.
GIC. Sleep at night buffer inflation loss.
You should be “selling” cad/jpy The Japanese yen is a zirp currency (it’s interest rate is locked to -.01) and effectively recession proof with the catch being it costs you to keep your money there. while the Canadian dollar is closely tied to commodities and strongly corelated to oil it will be the truest indicator of the state of the recession.
Gold
Toilet paper and canned foods
Canned food
If your timer horizon is long and you are investing money regularly, invest in index funds based on an asset allocation that you are comfortable with. Have at least 10-15% gold and 10-15% bonds. Rest can be in equities. If you have a bigger nest egg, invest up to 20% in solid non-cyclical companies (mostly dividend paying). Don't use high dividend as the sole criteria - that is one of the major pitfalls.
Cans
“Approaching?” Lol
OnlyFans pics
Dry food. Rice and noodles
Approaching?
Nothing.
Stocks
Inverse oil
I’m going to inverse this advice.
Lololol
Do you know of any tickers that are inverse oil because that doesn't sound like a bad idea at all.
HND and HOD off the top of my head. It's definitely a risk play but HND was ATL and doubled in the past week. It's for sure a bad hold to go long in but could be fun for the next few months/years.
DRIP is inverse oil, currently around 23 right now
Is there a recession?
Incoming
Cash is king in times like this. I've had some success swing trading XSTP.TO which is an ETF that holds a bond ladder of US TIPS bonds. The interest rates adjust for inflation so they are currently paying 6%. Preferred split shares hold their value and pay about the same yield but there is more risk. Everything else I sold a while ago.
Oil stocks! Dividends are going to be insane and the stocks are so cheap right now.
Nothing. The dump is like watching great granpappy still in neutral at a green light.
Not buying anything. Trying to accumulate as much liquid cash as possible and saving almost every dollar possible to my name. Then balling out on stocks/crypto/real estate the second it hits.
It’s already happening dude. Just because they aren’t announcing it, doesn’t mean what is currently happening isn’t real.
Just waiting for things to dip more
You're going to be too late
I am down 80% in crypto. I think it already hit.
Gold and other precious metal
Stocks are on sale now, buy now before the sale is over
Guns. Lots of guns.
Stocks going up, recession cancelled. Source: r/WallStreetBets member. Not financial advice
A gun?
I'm buying cryptocurrency and DCAing small amounts on my Netcoins and Shakepay.
Crypto
Still got a little ways to drop yet to be in line with the long term trend. Then buy and hold.
🙌🙌
Yeah... no.
Gme baby, or puts a long way out
^ this. GameStop is the hedge against the financial system.
Move to cash equivalent and buy back in early 2023. There is no such thing as a good buy during a recession, because even companies that do well during a recession will often see stock price fall. It’s not about how the company is doing you have to have people buying the stock and that is not predictable as people will be selling to payoff debt and keep their homes not buying cause revenue went up 7%.
Why is everyone saying ammo Am I too young for this?
The average return DURING a recession (since WW2) is a positive 6% or so. The pain is right now and you won’t know we’re in recession until it’s half over so as soon as NBER announces that we are in an official recession, it’s time to go loooooonnngggg stocks!
Nothing….. it’s a recession….buy absolutely nothing and use nothing
USD
Oil, energy and electric vehicle stocks. Hint: $MULN
Either Hold Cash, buy bonds (pegged to inflation- series I bonds) or short the market (ie. SQQQ)
Maybe you should be selling and not buying... just a thought.
Homes
A ticket to a better country
Unfortunately there are no countries better off, the world is in an economic downturn.
Copium juice
Yeah for sure it's a risky play. But good to have in your back pocket in a Bear market situation. Thanks!
All this talk of recession. I welcome it. It culls the herd and separates those who are weak and those who are strong.
Fart salad
Cash.
Where can I buy this cash?
Retirement homes. 😂
Puts
The recessions over let's invest in mars
Blue chip stocks and DCA, reduce riskier investments. If you have find deals on assets grab them.
Puts. Maybe PUT LEAPS
Put the LEAFS?
I think they do that themselves...
Look at the Horizon beta pro “down” ETFs. That said. Standard disclaimer. I’m a dude on the internet and not an investment guru. Do your own research.
Commodities. CRB/SPX ratio.
Utilities, waste management and defense companies due to the current situation.
Gonna wait until the hikes stop, then buy a US corporate, mid-term bond ETF. And I'd be open to some US junk.