Where do you invest your money?

Possible but unlikely. These exchanges are basically fighting for their lives, will pull all kinds of shenanigans to keep it from dying.

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Yea most nice 2 bdrs are in the upper 4700-5500 range. A man can dream tho :confused:

Buying the crypto dip here, mainly; Bitcoin and ETH.

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A lot of exchanges are gonna get rekt. This is the problem with overleverage while running fractional. Celsius is not the only one doing this , there will be more. This is why not your keys, not your coins is so important. When you buy on exchanges, you are NOT buy the asset. What you have is an IOU and you are buying a PROMISE to a claim on that asset

Side note: there’s seems to be another fed hike coming! It will be the biggest interest rate hikes in almost 30 years coming in at 75 basis points.

i’m sure that will work out well.

There is a 100% chance of an increase this meeting, and a near 100% chance of an increase at the next. Today’s commotion was markets pricing-in a slightly higher likelihood of 75, but whether it’s 50 or 75 basis points: it’s not enough to bring inflation to the Fed’s target, and there is more to come. 150 bps might slow the economy enough that a sip of coffee spills out into the cup holder. 300 bps might nudge us closer to target.

Rate rollercoaster are one of my favorites, especially when all my bets are locked-inšŸŽ¢

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what locks are recession proof? you big into bonds?

The ones that work for me, that survived .BOMB, the post 9/11 recession, 2007-2009, and the ensuring ups-and-downs.

Between retirement and after-tax accounts, I’m about 90% equities (all long positions, some ETFs but mostly individual names), 5% cash equivalents, 4% bonds (everything from series I bonds to corporate debt / perpetuals), < 1% commodities. I review regularly and adjust, but they’re small changes over times, not big swings. It matches my risk profile, I continue to add to the retirement accounts / DCA, but overall I’m up, and the vast majority of my positions are in the green.

I’m not retiring anytime soon, so bring on Dow 20k, S&P 3000, I’ll put some of that cash to work.

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what are these, precious metals?

Are commodities

Are cash (which I avoid as much as possible), bank deposits that aren’t working capital, money markets, etc. They could theoretically be turned into cash in 1 business day. No sale/transaction/cost to liquidate.

Other people would say that’s a crazy % on the sidelines given inflation — at other times in history I’d agree, but not the past year or so.

https://www.bloomberg.com/news/articles/2022-06-14/real-yield-rout-bigger-than-2008-inflicts-pain-across-the-world

The Big Lebowski Reaction GIF

Lol. Get the UST10yr to 4% yield and watch the Fed invoke YCC. If that happens it will break because the interest burden accelerates faster than inflation since the gobal debt is 4x global GDP.

All I care about is how long do I have to wait for Porsche to sell me a 911 at msrp :rofl: :rofl:

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where are you getting 5% on liquid deposits? i want in on that action.

60 to 90 days

What dealer has one in 2-3 months at msrp?

Sign me up

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Not yet but that will change. Keep in mind, with Euro struggling against the Dollar; VW will send more inventory our way for higher profits.

Dollar/euro is almost at parity. But VW would incur substantial costs to ship European units to the states. Also don’t they have the whole right side driving over there?