Discussion ***Official*** 2024 Stock Market Thread 💰

[IronWing]

It's nice to see these gains in equities short term. I suspect things will settle down in January/February.

Yep. Investors are enjoying the pointless rate cut and the prospect of even lower taxes at the highest income levels right now. If it becomes apparent that the incoming administration really is going to implement the rest of their promised agenda, the market will tank.

 

[repoman0]

Yeah it is pretty tempting to rotate out a bit of my US market positions. I’m at like 80-85% US equities right now. Maybe later this month or early December. May also just shut off future contributions and route them towards cash and medium term treasuries.

 

[AdamK47]

It's times like this when people start making mistakes. The best advice for any retail investor is to stay the course with what has been working.

Diversify your portfolio. Average in. Don't worry about the what ifs.

 

[Brainonska511]

Yeah it is pretty tempting to rotate out a bit of my US market positions. I’m at like 80-85% US equities right now. Maybe later this month or early December. May also just shut off future contributions and route them towards cash and medium term treasuries.

I feel like I just need to rebalance some of my tax advantaged accounts. My current 401k allows auto rebalancing, which I just set up to be semi-annual. But I should take the same steps on my Vanguard held accounts to ensure my investments haven't drifted too far from my target percentages.

 

[jpiniero]

Yep. Investors are enjoying the pointless rate cut

Odds on the velocity of the rate cuts has dropped a bit actually. Course some of that might be because of uncertainty.

 

[Shmee]

Not stocks per se, but I have noticed the coins have been mooning lately. New ATH for BTC, and though ETH is going up again, it is still far off the ATH.

 

[jpiniero]

Not stocks per se, but I have noticed the coins have been mooning lately. New ATH for BTC, and though ETH is going up again, it is still far off the ATH.

I think Trump said something about Crypto.

 

[biostud]

I think Trump said something about Crypto.

Yeah, it will be excellent to those who wants to avoid paying tariffs

 

[IEC]

Not stocks per se, but I have noticed the coins have been mooning lately. New ATH for BTC, and though ETH is going up again, it is still far off the ATH.

Expectations for inflation went up "bigly"

Thus the increase in all risk-on assets.

 

[KB]

We are seeing a lot of gains in small and mid cap. I have VB, MDY and IJH which are growing well. The consensus is that since large cap has largely outperformed, its small and mids turn. Also its believed that the Trump administration will allow more M&A in this space. M&A is usually big companies buying small companies at a premium.

 

[biostud]

20% YTD

 

[FelixDeCat]

Well I have calls on a cryptominer.

Bitcoin $100,000 this week.

It better, damnit!

 

[Red Squirrel]

I keep saying I should buy bitcoin, but never do. Now, again, I regret it.

 

[Indus]

Maybe I'm stupid but I ruled out investing in crypto due to the volatility.

Was too expensive for me at $1000, definitely out of my reach at $100k.

 

[Train]

Been buying bitcoin in $50 chunks for years. Up to a third of a coin, cost basis is right at 20k.

Looks like it touched 90k today. I put in a sell order for 100k I have a feeling it will retreat after hitting 100k. If not, oh well, 5x'd my money.