2024 Economic Collapse

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Is it Joever?

  • It's Joever

    Votes: 87 16.1%
  • We're just getting joeing

    Votes: 254 46.9%
  • Kill yourself furfag

    Votes: 201 37.1%

  • Total voters
    542
It’s not Joever yet Hulkster. Don’t buy the dead cat bounce. Cuts aren’t expected to enter play until September so the markets will react poorly until Powell does his job. Even if it’s green it’s still more volatile than nitroglycerin. Don’t be caught holding the bag when others are selling it off on to you.
The market already knows about the (probable) coming rate cuts. If you think that Goldman Sachs doesn't know about something that's been plastered all over the news for the past week, you shouldn't be investing

You can't time the market. You aren't Warren Buffett. The market is always volatile. I remember people saying the same shit you doomers are saying every month from 2011 until now.
 
The market already knows about the (probable) coming rate cuts. If you think that Goldman Sachs doesn't know about something that's been plastered all over the news for the past week, you shouldn't be investing

You can't time the market. You aren't Warren Buffett. The market is always volatile. I remember people saying the same shit you doomers are saying every month from 2011 until now.
Can you give any stock advice that isn’t repeating the same script you vomit upon every thread? You’ve been repeating your trump derangement strategy by applying it to financial advice which is pretty fucked considering people lose their livelihood upon false optimism listening to Jim Cramer. You’re not cutting through the noise Jim, you ARE the noise.

Let’s agree to disagree and say we both don’t know what’s going on.
 
Can you give any stock advice that isn’t repeating the same script you vomit upon every thread? You’ve been repeating your trump derangement strategy by applying it to financial advice which is pretty fucked considering people lose their livelihood upon false optimism listening to Jim Cramer.

Let’s agree to disagree and say we both don’t know what’s going on.
You're the one who replied to me, man. I agree that I don't know what's going on which is why I know better than to try and time the market. I've been investing a long ass time. Everything you know about the market everyone else does, too. If you wanna gamble, go ahead, but you really shouldn't because the professionals will be happy to take your money
 
You're the one who replied to me, man. I agree that I don't know what's going on which is why I know better than to try and time the market. I've been investing a long ass time. Everything you know about the market everyone else does, too. If you wanna gamble, go ahead, but you really shouldn't because the professionals will be happy to take your money
They’re happy taking your money while you sit on the rug they’re giving your ass 3rd degree burns pulling with while you say everything is fine. If anything those who would sell should’ve done so Friday, Monday, and in the current moment if they’re over the fence. I’ll end my thought with that.

A more pertinent discussion at the moment would be the examination of America’s sanction wars which push hostile markets into oppositional hands such as China and Russia. This pattern has gone on for the last 4 presidents and has a tendency to double itself, Bush started at 400 entities, Obama doubled that reaching 800 before leaving office at 1,000, Trump sanctioned 2,000 entities, and now Biden has 4,000.

Perhaps this trend could be what is introducing volatility alongside poor management decision?
 
They’re happy taking your money while you sit on the rug they’re giving your ass 3rd degree burns pulling with while you say everything is fine. If anything those who would sell should’ve done so Friday, Monday, and in the current moment if they’re over the fence. I’ll end my thought with that.

A more pertinent discussion at the moment would be the examination of America’s sanction wars which push hostile markets into oppositional hands such as China and Russia. This pattern has gone on for the last 4 presidents and has a tendency to double itself, Bush started at 400 entities, Obama doubled that reaching 800 before leaving office at 1,000, Trump sanctioned 2,000 entities, and now Biden has 4,000.

Perhaps this trend could be what is introducing volatility alongside poor management decision?
It's easy to know what you should've done in hindsight. If you had hindsight, you would've sold Wednesday at market close and then bought put options that expired yesterday on SPY or some puts on a stock that tanked. But on Friday no one knew that stocks would tank on Monday. On Thursday no one knew that the market would go down on Friday. Hell, if I had hindsight I would've put a ton of money on the Mets -5.5 runline yesterday and made 7x my money. But no one has hindsight, which is why you are best to set it and forget it. The overall trend of the market is up. Bulls make money but hogs get slaughtered

But it's your money, do what you want.
 
It's easy to know what you should've done in hindsight. If you had hindsight, you would've sold Wednesday at market close and then bought put options that expired yesterday on SPY or some puts on a stock that tanked. But on Friday no one knew that stocks would tank on Monday. On Thursday no one knew that the market would go down on Friday. Hell, if I had hindsight I would've put a ton of money on the Mets -5.5 runline yesterday and made 7x my money. But no one has hindsight, which is why you are best to set it and forget it. The overall trend of the market is up. Bulls make money but hogs get slaughtered

But it's your money, do what you want.
If hindsight didn’t exist we would all be making the same mistakes that put us in this situation. If you want to aim that foresight on a bright economic future go ahead. I just think it’s necessary to realize the discussion points of “everything is fine sit on your money and put it to work, don’t pull it out of the bank” is the exact same dialogue made during Black Tuesday 1929.
 
If hindsight didn’t exist we would all be making the same mistakes that put us in this situation. If you want to aim that foresight on a bright economic future go ahead. I just think it’s necessary to realize the same discussion points of “everything is fine sit on your money and put it to work, don’t pull it out of the bank” is the exact same dialogue made during Black Tuesday 1929.
People have been saying this since 2009, but like I said, it's your money. Hold cash and miss out on the gains for all I care.
 
What gains do you expect Hulk? Realistically tell me what sector you’re holding and the ROIC you expect 1 year, 5 years, and 1 decade from now. You seem in it for the long haul, what’s your plan big guy?
I hold mainly VTI (and some VXUS). That is the total US stock market and the total international stock market ETFs. Low cost and as diverse as it gets.

The market has returned an average of 9% since its inception, but since it's up quite a bit, if I had to guess I'd guess a bit more conservatively 6-7% but I don't know and don't claim to know.

Might I ask, what is your plan? How do you plan to beat the stock market when all the highly paid money managers can't do it?
 
As fun as it is to argue with HHH, he's absolutely right. If you stay in the market you will always benefit from the overall upward trend. You'll be cut in half multiple times, but as long as the entire market trends even a basis point above complete stagnation, you will be performing as well as the general market.

VOO and SPY and other market tracking ETFs routinely outperform hedge funds. At least 80% of your money should be sat there to grow and enjoy compounding interest. Have a few bucks to put on individual stocks and maybe you'll make some money, but the risk is not worth the reward statistically.

Edit: Use a compound interest calculator at 10% (conservative given the last 30 years or so) interest over 20 or 30 years and you'll understand that Hulk will retire with a very comfortable portfolio (especially if it's Roth) with relatively little risk.
 
I hold mainly VTI (and some VXUS). That is the total US stock market and the total international stock market ETFs. Low cost and as diverse as it gets.

The market has returned an average of 9% since its inception, but since it's up quite a bit, if I had to guess I'd guess a bit more conservatively 6-7% but I don't know and don't claim to know.

Might I ask, what is your plan? How do you plan to beat the stock market when all the highly paid money managers can't do it?
Thanks for letting me know you have skin in the game and aren’t here trying to white pill everyone off the lemming cliff. I’m only in commodities at the moment, germanium, gallium, and copper. I’m not foolish enough to put my money on the line when everyone with sway wants to bring about an economic reset. I keep it tied up in chips and electronics. Last time I actually held stock was when Elon smoked weed on JRE and Tesla tanked. I got 3x when they went public before jumping off because Tesla is retarded.
 
Thanks for letting me know you have skin in the game and aren’t here trying to white pill everyone off the lemming cliff. I’m only in commodities, germanium, gallium, and copper at the moment. I’m not foolish enough to put my money on the line when everyone with sway wants to bring about an economic reset. I keep it tied up in chips and electronics.
Where do you store the copper, gallium and germanium?
 
Thanks for letting me know you have skin in the game and aren’t here trying to white pill everyone off the lemming cliff. I’m only in commodities, germanium, gallium, and copper at the moment. I’m not foolish enough to put my money on the line when everyone with sway wants to bring about an economic reset. I keep it tied up in chips and electronics.
I think commodities are great investments if you physically have them. If you don't, and the proverbial shit hits the proverbial fan, then your commodities are as real as any ETF or equity.
 
Incesting - lol I mean investing 102:
1. Don’t play with options. You will never win.
2. Don’t get cds or bonds retard. Unless you are 80+ years old.
3. Max out your Ira contributions every year and put like half in VOO and some gay fund like FAMEX or something.
4. Buy low sell high.
5. Quit buying door dash.
8. Never buy booze going out. Drink at home.
24. Stop doing deadlifts, it’s not worth it.
58. Your spreads, strangles, and leaps are gay.
69. Find a woman who cooks.
 
The sad fact is that HHH is right. The government incentivized/forced everyone to put their retirements in the stock market. And then relentlessly marketed the idea of “retirement”, which wasn’t really a big thing previously. Now we have a situation where the government simply cannot let the stonks tank. All our currency might be devalued and we might wreck our society, but line will go up.

It’s kind of been a back door nationalization of every single industry, in a way.
 
The sad fact is that HHH is right. The government incentivized/forced everyone to put their retirements in the stock market. And then relentlessly marketed the idea of “retirement”, which wasn’t really a big thing previously. Now we have a situation where the government simply cannot let the stonks tank. All our currency might be devalued and we might wreck our society, but line will go up.

It’s kind of been a back door nationalization of every single industry, in a way.
Kek if you are right, and something does happens that absolutely demolishes the stonks, I will be listening and relishing the moment millions of hopeful retirees have their “investments” turned to ashes.
 
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