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In theory you can, but that would require assets staying the same price while inflation occurs in reigns in the PE and NAV, as well as reduces the actual burden of the debt many of the companies hold. However, the asset price won't stay the same and will just inflate as people seek stores of value.Yeah, you can't exactly correct the market through creating inflation via QE.
Unfortunately people think that the stock market is representative of overall economic health, so they'll be watching DJI go up while wondering why there are so many people living in vans on their street now.
They didn't need to be, but retarded energy policy dictated by a downie mumble munchkin made them depend on Russia.Germany was(is?) running on Russian natural gas.
Well, biggest since 1947. It's also driven hard by energy price increases. I'd just ignore the schizoposter.Is he being literal here? Higher than Weimar?
I would add to this, winterize your car. Make sure anything that can get broken in the next 2 years has a replacement. Buy your next 4 sets of tires now. Buy your next battery, now. Take it to the dealer, now, and do an all points inspection of the suspension, belts, hoses, and alternator.Here's my investment advice for this market. Stash a month's worth of food in your basement. If you own a house your bought before prices went retarded, invest in making your house more energy efficient because energy prices will keep rising. If you can ride it out for the next year or two and hang onto your job, you'll be fine.
Michael Burry is apparently short Apple.My personal advice; get out of anything volatile and related to consumer spending. The only thing holding the S&P from a historical crash is Apple. And the rumor is Apple has been "fudging" it's profit numbers to maintain it price. Not outright lies but damn close.
I listened in on this last quarters call and the top brass played dodge the question on company finical stability reports for the full call. Not a single report about consumer spending nor a drop of info about the status of the reserve funds built up over the last decade. Very very very scary.
It's entirely possible that Apple has over extended itself during the bubble and only creative accounting is keeping a lid on it. And if Apple pops off and starts to drop then kiss the S&P index goodbye.
I would get into solid, dividend paying, natural resource companies for now. We know despite how much the current government hates oil it's still very very nessary and you can at least expect natural resources companies to hold value if the retail sector and tech sectors go squish. All of my oil related investments have maintained value during the last two weeks. The same for potash and other extractables. I wish I could say the same for my REIT's...
We could easily see at very serious retraction over the next 2-5 years. To the order of something like a full 33%. The last decade has been a time of easy money but now it's time to pay the piper. And it sure doesn't help that all across the West we have some of the most terrifying leaders ever to be in power both from an economic viewpoint and a civil viewpoint.
I would also advise keeping cash on hand for when we do see bottom. The 2008 crash helped me double my net worth because I was lucky enough to have cash on hand when the bottom came and was able to get in as the rebound started.
This time though, with such clowns in charge who the fuck knows how long that will take.
But what do I know, I'm just some random jerk on the internet.
I was going to voice my opposition to this stance, then I looked up the stock to see what changes and he's probably not wrong. I remember when there was a race to 1 trillion and now Apple is well over 2 Trillion a couple years later. The metrics still seem ok but what are they really going to introduce, as even I a long term Apple anti own an iphone.Michael Burry is apparently short Apple.
Why not do the easy thing and put a big old short on Apple?My personal advice; get out of anything volatile and related to consumer spending. The only thing holding the S&P from a historical crash is Apple. And the rumor is Apple has been "fudging" it's profit numbers to maintain it price. Not outright lies but damn close.
I listened in on this last quarters call and the top brass played dodge the question on company finical stability reports for the full call. Not a single report about consumer spending nor a drop of info about the status of the reserve funds built up over the last decade. Very very very scary.
It's entirely possible that Apple has over extended itself during the bubble and only creative accounting is keeping a lid on it. And if Apple pops off and starts to drop then kiss the S&P index goodbye.
I would get into solid, dividend paying, natural resource companies for now. We know despite how much the current government hates oil it's still very very nessary and you can at least expect natural resources companies to hold value if the retail sector and tech sectors go squish. All of my oil related investments have maintained value during the last two weeks. The same for potash and other extractables. I wish I could say the same for my REIT's...
We could easily see at very serious retraction over the next 2-5 years. To the order of something like a full 33%. The last decade has been a time of easy money but now it's time to pay the piper. And it sure doesn't help that all across the West we have some of the most terrifying leaders ever to be in power both from an economic viewpoint and a civil viewpoint.
I would also advise keeping cash on hand for when we do see bottom. The 2008 crash helped me double my net worth because I was lucky enough to have cash on hand when the bottom came and was able to get in as the rebound started.
This time though, with such clowns in charge who the fuck knows how long that will take.
But what do I know, I'm just some random jerk on the internet.
Why not do the easy thing and put a big old short on Apple?
Why not do the easy thing and put a big old short on Apple?
high risk when you're young is still retarded because you risk financially crippling the most important years of your lifeHigh risk evey now and then is fine if your under 40 but as you get older you have to start being more aware that you probably won't have the time to make up any huge losses.
high risk when you're young is still retarded because you risk financially crippling the most important years of your life
really, high risk investment should only be done if you are comfortable and secure, and have some spare money lying around that you don't really need and that you can afford to lose without the loss causing serious consequences in your life.
Well I obviously disagree.
If you fuck up when your young you've got ;
1: less to lose as your fund pool will be smaller
2: most of your investing life ahead so a big % set back won't cause you to be eating cat food in your twilight years as you can keep working and earning. After a certain age your income is set and not really able to expand.
If your taking big risks in your 40s and 50s then your an idiot, unless of course you've go cash to burn but then why are you taking big risks to start with if you already have the disposable income?
The older you get the more conservative your approach should be.
Just my opinion.
Still way overvalued relative to 2yrs ago too. That said I’d much prefer a slow bleed for years versus just having the market crater overnight.Market is up a bit today.
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This bitch ain't crashing yet.