At this point, I cannot find anything to buy. Everything seems too expensive. What do you guys buy? Not asking about the meme stocks, more like real value producing companies. Amazon, MSft, Walmart etc. Tc400
This rally is not ending until interest rates are hiked. Investors have no alternative than to put money in the equity market.
Basically this ^^^. As long as interest rates are so low, borrowing is going to keep jacking up prices. Either you keep buying equity or your money starts depreciating due to inflation. I really hope the fed raises rates before 2023.
Switch to crypto. Nothing seems high nothing seems low. They just do what they want to.
Microsoft and Amazon are quite cheap right now. Chinese stocks have a good outlook thanks to low QE.
FAANMG all still seem to be pretty good value by all metrics I can find. Just look at their revenues: https://www.macrotrends.net/stocks/stock-comparison?s=revenue&axis=multiple&comp=AMZN:GOOG:AAPL:MSFT:FB Just buy some QQQ or VOO if you’re not sure
I will be purchasing calls on TQQQ and the rest of my money goes into mostly “safer” growth vehicles, then some value, some gold. A little bit of tax free fixed income for fun.
FNGU is also an interesting 3x etf I’ve been considering. They don’t have options, but up 300% over the last year.
Everything looks expensive when you’re looking at the prices of stocks over the past few years. I remember when I joined Apple in 2017 everyone said the growth era is over, no way the company’s going to double at the current valuation. If the fundamentals look good, buy. Even if you have FOMO about past growth.
It ends next week actually
Buy fractional shares if you can't afford whole. Increase in price is in percent so you have the same gains. ETFs are a good alternative.
If you can't still find deals right now, you're not looking hard enough. There's still plenty of stocks that are heavily discounted due to covid. I'm betting you haven't been looking at dividend stocks at all. Take a look at nrz or nly for instance. Sure, you probably missed the boat on a lot of them, but I find a new discounted stock every week or so.
Could you list the discounted stocks please? Also how do you find them ?
I listed two already :D I've been using seeking alpha, google, and motley fool, searching in industries I've been looking to diversify in. Lately I've been looking for dividend stocks because I want steady income so I can eventually stop working. Tbh I don't like motley fool much. It feels like they shill stocks that are already overpriced. On rare occasion I see a recommendation from there that actually feels like a good value. Recommendations from seeking alpha tend to be higher quality. At this point I'm only considering stocks that are heavily discounted due to covid, but would otherwise be healthy, and will likely recover somewhat quickly when the pandemic ends. I look at buy/sell ratings, do a bit of company research and look at 5yr/1yr/3m charts to get a feel of what kind of gains could be possible. Gains from covid depressed stocks have been pretty good for me. For non-index stocks, this year my average returns have been about 70%. I also put a lot into indexes somewhere near the bottom, which is why I've been more confident in buying the non-index stocks lately.