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Old December 7th, 2018, 10:50 PM   #1
Major Trouble
bjvircks's Avatar
Join Date: Aug 2010
Location: Iowa
Posts: 1,867
Default st/mt/lt ?

been wondering about short term/midterm/longterm positions.

what does this mean to the really smart betting man do today?
Quando omni flunkus, moritati

Last edited by bjvircks; December 8th, 2018 at 01:10 AM. Reason: fingers not keeping up with thoughts...
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Old December 8th, 2018, 03:40 PM   #2
Street Skater
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Join Date: Jun 2009
Location: NH
Posts: 3,054

If one has really deep pockets, day trading TSLA would be a gold mine, it moves 25-50 points a day.

I think anything water related would be an excellent long term investment, water is the most precious commodity on the planet, the next investment would be in air, companies that supply oxygen.

Gold is iffy, it could sink to 900$ an ounce, easily.
Diamonds are forever, a steadfast way to store money, not nessessarily a way to increase that money, but a safe place to park it.

Land, hmm. Not on the Coasts, not in a fire prone area, savy fast turnover would be time consuming and dangerous.
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Old December 10th, 2018, 04:52 PM   #3
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Join Date: Aug 2010
Location: Iowa
Posts: 1,867

Originally Posted by ursle View Post
... water ... oxygen ... (not) land ...
Ok, no land in consistent disaster zones. Iowa farmland?

Did some day trading several years ago, didn't like having my time & focus tightly captured, stopped. Now prefer to tie off the tiller and relax.

Guess for when correction bottoms?
Quando omni flunkus, moritati
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