Investing strategies for the commercial pilot?

[rookiepilot]

Want to REALLY learn how to invest, learn this lesson:

"They" will always lie to you.

Is this such a shock?

[ReserveTank]

By that I mean physical metal not the ETFs or other 'paper' products.

I second this. "Investing" in metals is risky. You need to have the real thing in your safe. Even a few of kilos of silver can gain modest value.
Once again, not advice, just experience.

[photofly]

"They" will always lie to you.

Um... In what sense are *you* not part of "they"?

[rookiepilot]

"They" will always lie to you.

Um... In what sense are *you* not part of "they"?

I could answer that a few different ways.....but in the end you'd have to decide that for yourself.

It's better to assume that I am, for the purposes of my comment, and the only one you can trust for genuine, honest analysis to protect your family is yourself, because everyone in my business has an agenda until proven otherwise!

As for me, did I mention I don't work for you when I write? People seem to miss this.

[rookiepilot]

What an Idiot, just trying to keep his retail clients in place.

Plus his logic --- is pretty foolish and completely ignores the biggest factors today.
https://ritholtz.com/2021/02/stop-stres ... inflation/

Bonds are in free fall -- this is with the Fed declaring every day, "there is no inflation".
https://ca.finance.yahoo.com/news/globa ... 28410.html

And the big boys are raising prices.
https://www.reuters.com/article/us-pack ... SKBN2AG2H0

[photofly]

As for me, did I mention I don't work for you when I write? People seem to miss this.

I honestly can't tell if the fact that you don't work for me means I should put more, or less, faith in what you write.

[rookiepilot]

As for me, did I mention I don't work for you when I write? People seem to miss this.

I honestly can't tell if the fact that you don't work for me means I should put more, or less, faith in what you write.

I don't give a F?

Do your own homework.
That's the message I'm writing.
Fair?
I'm not an advisor.

On twitter I journal my observations on markets and the economy. I really don't give a F who it pleases or I disagree with the whole world.

[Kosiw]

This whole thread has become "low-beta"

[YYZSaabGuy]

What an Idiot, just trying to keep his retail clients in place.

Plus his logic --- is pretty foolish and completely ignores the biggest factors today.
https://ritholtz.com/2021/02/stop-stres ... inflation/

Reading skills not quite what they used to be, huh Rookie? Maybe this would be a bit more your speed: https://www.dummies.com/education/econo ... inflation/.

['97 Tercel]

One could quote a good economics joke, if there was more demand...

[Boreas]

Ha. There's hope for you yet, AvCanada.

[photofly]

\

I don't give a F?

...

On twitter I journal my observations on markets and the economy. I really don't give a F who it pleases or I disagree with the whole world.

Anyone who counts his followers clearly cares a lot who he pleases.

[rookiepilot]

A more positive idea for the crowd here: Buy AC stock if the AT deal goes through -- (or you believe it will)

I bought a nice chunk when the gov't approved the deal.

Just an idea, no warranty.

[Launchpad1]

Thing is about buying AC stock, although I completely believe it will go back up to around $50 at some point, is that unless you put in a lot the potential returns are small.

The most it's ever likely to do is triple from its current price.

I don't have much to invest so I'm going for the super speculative loooooong shots. Not putting in enough so that if I lose it I'm going to be moving into the local dumpster but enough so that there's maybe a chance of some good returns.

[rookiepilot]

Thing is about buying AC stock, although I completely believe it will go back up to around $50 at some point, is that unless you put in a lot the potential returns are small.

The most it's ever likely to do is triple from its current price.

I'm more than happy with that.

[photofly]

unless you put in a lot the potential returns are small.

The most it's ever likely to do is triple from its current price.

Is it a sign of the times that someone considers a 200% return to be small?

[rookiepilot]

unless you put in a lot the potential returns are small.

The most it's ever likely to do is triple from its current price.

Is it a sign of the times that someone considers a 200% return to be small?

Photofly. I apologize for the prior snark. You're absolutely correct it's a sign of the times.

This is, respectfully, why I wrote the inflation thread as (forcefully) I did, to talk about risks.

Newbie investors have gone absolutely crazy with taking risks all over the place. It's a mania on both sides of the border, without regard for the slightest degree of careful behaviour.

I've traded through this exact environment twice before, in 2000 during the Internet bust, and 2007 during the housing crash. This is number 3, this time based on EV stocks, SPAC's and crypto, and in all three the public thought it would never end, this time is different, and math didn't matter.

It still does. My prime broker, who I've always been able to get on the phone within minutes for 20 + years, now has one hour or more waits for preferred customers.

A manager there told me they've been opening 5000 new accounts a week, and more. It's a mania. Tons of stuff is bid up with zero intrinsic value.

Everyone, if you're trading risky Sh-- during this Covid layoff -- and a load of folks are -- PLEASE Be careful. People lose their homes, marriages, and I know of folks who've lost both over the years.

It can, and does, turn violently on a dime when the atmosphere is like this. Trust me on that.

Watch US bonds, Government and corporates, very closely.

[Launchpad1]

Is it a sign of the times that someone considers a 200% return to be small?

I should quantify, the amount I'm spending on these 'riskier opportunities' is in the range of $200 to $300.

I would never go 'all in' on a complete long shot.

It's just that if I put $300 into AC stock then maybe in 5 years that might have grown to a whopping $900. However putting $300 into a long shot on something like a lithium mining company or an AI based company might possibly in 5 years be worth $10k. I might also lose the $300 completely but with some decent due diligence you can mitigate these risks somewhat.

Everyone, if you're trading risky Sh-- during this Covid layoff -- and a load of folks are -- PLEASE Be careful. People lose their homes, marriages, and I know of folks who've lost both over the years.

This is very good advice though. Never risk amounts that are going to significantly screw up your finances if it doesn't pay off.

[rookiepilot]

5% or less, can be mad $$$$ positions--- I have one maybe one of you have flown up in the ring of Fire....Noront

[rookiepilot]

What an Idiot, just trying to keep his retail clients in place.

Plus his logic --- is pretty foolish and completely ignores the biggest factors today.
https://ritholtz.com/2021/02/stop-stres ... inflation/

Reading skills not quite what they used to be, huh Rookie? Maybe this would be a bit more your speed: https://www.dummies.com/education/econo ... inflation/.

I choose to follow this guy. Worth .....$85 billion or so. Very out of favour these days.
https://en.wikipedia.org/wiki/Warren_Buffett

What's he doing? Buying energy and materials stocks......Last I looked, those are inflationary sectors.