[quote=The-Shoveler]IMO you are going out on a limb if you predict there will not be a recession.
Conventional wisdom say it is time (cycles etc..).
You have to be unconventional to say there will not be one IMO.[/quote]
Not gonna try to predict one way or the other. Just gonna take advantage of any opportunities one way or the other..
So far, so good this year. Knock on wood.
Just sent in my loan payoff amount for my remaining $29k “bridge loan” I borrowed against my HELOC earlier this year to complete a property exchange, before rates creep up to 5.25%. Im back down to one outstanding loan on everything, fixed rate less, than $40k left… heh heh
Fortunately for me, funding for the entire amount came from 3 weeks of unexpected gain in AMD share price as last week selling some 1/17/2020 expiring $25 strike price AMD call option at $7.9/contract purchased at $3. Pure luck.
I’ll take it and run, not walk, to the bank. Thank you AMD short sellers that got totally short squeezed and worked over for the past 3 weeks. ha ha .
