Don’t look now the Dow at all time high

I read the other day that the threat of recession is receding.

It is definitely receding . I have some thoughts on why for another post. But let's just say the Fed and the world Central Banks coordinated to put the kibosh at two critical points:

1. the bond collapse in Britain last year

2. The regional bank failures in the US.

Either one should have started a meltdown. The moves the Central Banks, led by the US , made were crucial. But it's only a delay. Now I believe the crash will be delayed until after the elections. If the GOP wins they will have a lot of excuses to make, if the Dems win they won't care.

American private and business debt load has shrunk since 2008-09 and as a result experts think that we might be more immune to interest rate hikes. That perhaps arresting inflation can happen without the price of recession or much of one

Residential commercial is good. Office building residential might require you to watch it closely for trends.

I owned them. Williams. Got out when all the energy stocks went up. Probably should have stayed in longer. I think I made moderate money and then bailed

Maybe I'm in trouble. Who knows. I have over 1m inSTAG. Big indisturial reit

Also sitting on about 2.4 in cash. Just in a mm collecting 5.1%. Which is better than the zero I got for 6 months but not exactly burning things up. $11,000 a month isn't bad though

Oh and also have like 1.9 now in tqqq and getting nervous. Initially was about 1.1 or 1.2. And that's just in a year.

So between tqqq run up. Cash sitting around. And the reit. Little unsure if I should be moving money around or what. Lot of money to either be not invested or sitting in nervous stocks that have run up

Meanwhkle I have some big failures where I felt I had house money to play with and the house happily and quickly took it back. First republic Ask me how to lose $100k in a week.

Well, when I put that hat on , I can't make any money. It's like when my wife says the baseball and NBA playoffs are fixed to go 7 games for tv and attendance revenue. Takes the fun out. The rich have a preference on who they want as president it's why they donate big and their donations clearly influence a race. They usually prefer another rich guy who talks about tax cuts to their corporations and less government regulation/interference in their businesses. They all play. Im just trying to get my piece of cheese.

Well. You have to play to get cheese. If you're young, you can play dollar cost averaging and win over time. If you're over 55 and / or retired you need to play the timing game and be speculating.

You can never go wrong with a stock like apple. Problem is it's at its peak. Are you satisfied with 15% gains. If you would have bought NVDIA, you would be up 200% this year. Is the ride over? Who knows. That's why it's called speculative gambling.

If you like a stock, buy on dips.

"Buy on the dip"

"But it keeps dipping"

"Keep buying"

"But I'm out of money"

Lol. Good post Tee. I'm hitting 55 and already have one financial heart attack in my history. I gotta play it extra careful. I have been taking profits out here and there as opportunity allows. And the last 6 years or so have been great. Good luck.

The path of inflation and the anticipated Fed response. Agree 100%. Only a Fed curveball can mess this up.

Nope, going Tuna Fishing in SD for a few, she's on her own. I'll have to check the cameras and make sure Bigballs stays away.

nothing better than a good arrangement

although it takes a good woman to make it happen

tight lines!!

😂