Reply to 2001, 2008, or 2022

Forum Index » Money and Finances

Reply to "2001, 2008, or 2022"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What do you do with your money in a situation like this.[/quote]

I’ve been steady investing 15-% of my net paycheck every 2 weeks into my taxable brokerage account. I’m going to just more doing this. It’s worked out well for me
[/quote]
That's fine, just don't expect rebounds like 2008-2021.  The era of easy money and the bull market is over.  Bear markets can last for very, veryong times. You better lrepr.for holding 10+ years in a worst case scenario.  The Fed put is over because inflation is out of control. Bond yields are crawling out of their grave, which means there will be very attractive options in the future besides investing in stocks. Trillions may flow from stocks and into bonds.[/quote]

I'm the PP who said we're all screwed. It either ends in a deflationary 1929 crash or a hyperinflation event. We have so much debt with a relatively short maturity that really the country cannot afford to service it at the much higher rates needed to tame inflation. So historically, countries in this position have inflated away the debt via currency devaluation. Some people think we're going to get a recession initially and then the Fed will have to step in and lower rates again by late 2022 or 2023 to prevent the 1929 style deflation, sending us into more inflation. Ultimately this sets up a move to the digital dollar, which sounds nuts but there's plenty of articles out there about it. Buckle up![/quote]

If you know so much, you should put your money where your mouth is.  If you're right, you can make out like a bandit!  But I've never seen a doom-and-gloomer actually follow through.[/quote]

What makes you think I haven't already? I'm half cash, sold 10-20% ago and waiting for a big capitulation event to get back in. You sound very bitter, I'm sorry you didn't have the same foresight. [/quote]

+1.  And us doom and gloomers don’t really think this is the bottom.  I’m sitting on a pile of cash waiting for the shit to actually hit the fan.  Right now there are too many overly invested people delusional about the market’s prospects.  Give it till October and you’ll all have to be cashing out to fund your boomer retirement once you work through whatever reserves you kept on hand.  That’s when the crash is really coming.  And I can’t wait.  People live way beyond their means in this country.[/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