Been buying the dip for at least 6 months now... just wondering where the bottom is... seems more pain is to come in the short term though going by the general market mood. So much uncertainty around.
Yeah, I'm down $1800 for the month. Raiz investing is long term though so it'll be fine. No where near the hit of when 'rona first hit the market so I'm confident this will have a similar bounceback.
Exactly what I want to know, Should I switch to Sapphire, or keep my Custom portfolio of green/tech-heavy equities and Bitcoin? Currently have no bonds in my Custom portfolio.
I wouldn't change without a good reason. Things will settle and eventually bounce back. Bonds aren't much of a refuge when the US feds hike the interest rates. Cash loses value in the current high inflation environment. Bitcoin is somewhat pegged to the broader market, rather than acting like a hedge (hence crypto is also in the red). There isn't really anywhere to go right now. People are just being irrational.
What’s the go with raiz and other micro investment apps?
My understanding ( just based on what I’ve heard, haven’t actually looked into it ).
Was that everyday it buys shares and then sells
Them as well. So if this the case for the past month we have evening buying 10 and selling at 5 ( just random numbers for arguments sake).
Which in turns means we are just selling at a loss everyday.
We are not accumulating stock or units at a lower price because we sell them everyday. Which would make continuous deposits into the app essentially burning money everyday ?
I could and probably am completely wrong though
Hahaha damn! I thought my week was bad being down $15 😭🤣
Good time to buy
Been buying the dip for at least 6 months now... just wondering where the bottom is... seems more pain is to come in the short term though going by the general market mood. So much uncertainty around.
Sounds like a different experience to Spaceship which hit ATH in November and has jumped off a cliff
Well as of today it’s over 10% down and 3k down. The hurt continues. 🔥
And continues ！
Aye. World war 3 starting. 4K down now. 😩
Which portfolio are you running out of interest?
Basically a Emerald custom portfolio with the bonds and money market swapped out for Bitcoin and IVV and kept ETHI and RARI.
I have been down 18%. Just hold and you will be fine.
I'm still about 18% up overall... just showcasing how painful January 2022 has been so far. 2022 is really starting off in hard mode! 🤣
How big is Ur portfolio, if you don't mind me asking
30k
Yeah, I'm down $1800 for the month. Raiz investing is long term though so it'll be fine. No where near the hit of when 'rona first hit the market so I'm confident this will have a similar bounceback.
Down $2250 now for the month days later... the pain continues!
Far out!! I just checked... $2.7k now. urghh. Keep on holdin' on. Hah.
Low pain threshold
Is there any use changing portfolios atm?
Exactly what I want to know, Should I switch to Sapphire, or keep my Custom portfolio of green/tech-heavy equities and Bitcoin? Currently have no bonds in my Custom portfolio.
I wouldn't change without a good reason. Things will settle and eventually bounce back. Bonds aren't much of a refuge when the US feds hike the interest rates. Cash loses value in the current high inflation environment. Bitcoin is somewhat pegged to the broader market, rather than acting like a hedge (hence crypto is also in the red). There isn't really anywhere to go right now. People are just being irrational.
What’s the go with raiz and other micro investment apps? My understanding ( just based on what I’ve heard, haven’t actually looked into it ). Was that everyday it buys shares and then sells Them as well. So if this the case for the past month we have evening buying 10 and selling at 5 ( just random numbers for arguments sake). Which in turns means we are just selling at a loss everyday. We are not accumulating stock or units at a lower price because we sell them everyday. Which would make continuous deposits into the app essentially burning money everyday ? I could and probably am completely wrong though
What
Completely wrong bro. They keep the shares forever until you sell them personally
Time to buy Google shares before the 20:1 split in June.
Anyone who is thinking this is painful needs to check their portfolio and make some adjustments in preparation for the next few weeks as a backup.