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Making an appointment. My time horizon is okay, but this is scary.
My firm sold 67 shares of FITB last week. I lost $3 a share and it’s continuing to tank.
MARKETS,Anybody even yet?
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FAA
- Video Poker Master
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- Joined Forum: May 28, 2014
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olds442jetaway
- Video Poker Master
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- Joined Forum: August 21, 2007
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Many unknowns in the market now. Inflation is definitely back and will get worse. It was never as low as they said either. A lot is about oil and the war. On and on. Anybody heavily in the market who is well diversified is steadily losing right now. I took a couple of small profits and ran. Sitting tight on the rest of holdings right now. Many are dividend income based. Even those won’t hold up under pressure. Banks have been heading straight down
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olds442jetaway
- Video Poker Master
- Posts: 11628
- Joined Forum: August 21, 2007
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I should have listened to TT on 3/11. That said, I picked up a little Rivian and Lucid. I’ll bail if I make gas money. The Saudis have billions invested in Lucid and at least 2 more billion ready to go. Whoever can make a replacement for the Lithium batteries, will be rich. Sodium is ideal, but a long way to go yet in development.
