One thing that I am definitely trying to improve upon is the time span of my investments. I have all too often found myself without a solid plan and ended up selling investments very short term (sometimes for better and sometimes for worse of course). I am attempting to stay away from leverage trading as well as short dated options as there is just too much volatility in there and it becomes more of a luck situation than a situation guided by economical thinking or trends.
I believe that the economy still has a fair amount to drop before staging a recovery. As high as inflation is around the world, I still think that the consequences of that have yet to truly penetrate markets such as real estate and big tech and so we could still see some downturns in those markets (markets I may add that are the bedrock of most economies).
For those reasons, I am seeking to purchase long-dated (i.e. at least 100 days out) put options on the real estate market (done through REITS) and on QQQ/SPY. These stocks are well diversified of course and it is also not a good thing for the overall economy for them to be dropping, but it just feels like we can't have possibly already seen the worst.
The funny thing about all of this is that nobody can predict anything in the stock market. I could be 100% wrong. The war in Ukraine could end, we could end world hunger, we could cure cancer, literally anything could happen tomorrow and the economy could get a jolt of energy from it. For that reason, I will be investing responsibly and actually seeking to save more in cash and cryptocurrencies to prepare for that uncertain future.
What are your plans in investing over the next few months/years? Do you see things recovering a bit faster than others do? I do not, but would be happy to be living in a thriving world economy, so I would gladly be wrong in this case.
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My name is Rob and I am a financial analyst with interests in cryptocurrency and blockchain. I have enjoyed my time thus far engaging with Web 3.0 and am looking to continue learning more and sharing what I learn through my experience.
I would avoid options right now. The VIX is high so the price for options are at a premium and you need to be correct on both time and direction to make money.
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