Reply to Ridiculous valuations....yet stay the course...

Forum Index » Money and Finances

Reply to "Ridiculous valuations....yet stay the course..."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I mean, I know a lot less than you— I’m no expert— but I feel the same way. I’ve taken some investments down to money market or bond funds.. own some gold, both funds and physical. We also own two homes, one of which is a lucrative rental with a low interest rate. So, in my mind, we’re somewhat diversified. There are a lot of sobering columns warning about the coming crash. [/quote]

I, too, have moved money into bonds in the last week thinking “oh, well, unemployment is ticking up, there are massive layoffs reported, I’m not sure the official jobs reports are fully showing the clear picture, we have 37 trillion debt and are basically servicing that, we have tariffs that are shuttering small businesses, there is apparently an auto loan issue…all these potential catalysts for a large scale pullback and yet today I read that stocks are now poised for a “tech led rebound”.

I feel like Michael Burry who recently shuttered his firm because he couldn’t accurately get his prediction of a cash to come true and just gave up.

I want a crash because I want to buy stocks at a 50% discount. I want to move my bonds that aren’t making sht now into stocks, but I just am bearish when i zoom out and I am waiting for this crash to come. I feel good about moving my stocks into bonds because I locked in some good gains. I just need this crash to come sooner than later. These cyclical downturns are cleansing.

I am also holding gold mutual funds. They’re mainly gold miner funds because apparently it’s just hard to find a fund that is pure bullion, but whatever. I am hoping those go up in 2026, so I can sell those as well once tech stocks crash and then I’ll buy a ton of VITAX and FSELX and wait 10 years for that to keep going.

Stocks, especially tech and semi stocks, really are the place to be, but yeah they are way overvalued right now and we have too many recession like conditions for me to feel confident dumping a ton of money into them at present. I think we need to see the Ionq and Rigetti’s fail first and a large scale drop in retail investor confidence and a huge drop in values and then I’m back in.
[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics