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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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]

This doesn’t make sense.  The doom and gloomers are talking about a down market for a very, very long time so what does it matter if you magically find and invest in the bottom? [/quote]

PP here.  TBH, I think the real recession will be 2024.  But honestly, as a millennial who graduated in 2008, we'll get through it.  Right now boomers and Trump supporters are sitting on a crap ton of property, living beyond their means due to their belief that the gains of the last few year's stock markets were realized, etc.  It may be schaudenfreude but I just want to watch them suffer consequences for once.[/quote]

It won't be the boomers who will suffer.  The AirBnb and multiple properties in Austin crowd is decidedly younger generation (you people) who think RE will only go up.  That's the bubble that will really kill the economy.  It's quite unsustainable.  That's when the fun begins.  As an "almost boomer", I'm waiting with a bunch of cash to pick up a couple of properties for my kids and invest in stocks.  I (and a bunch of boomers) have seem these cycles multiple times are are prepared.  Y'all.. not so much.[/quote]

This is so very Boomer. [/quote]

When you’re older you’ll understand the quiet satisfaction of screwing over the next generation.[/quote]

As a near boomer, you must be GenX.  As a rule, you don't speak for us, and we are no where nearly as willing to screw over others because we have been on the receiving end often.

Clearly you have drunk the boomer kool aid.

Anyways, you are so wrong, [b]RE is not going down in nominal dolars;[/b] in real dollars sure, inflation may roar forward and properties may languish, but those multiple properties were bought with crazy low rates, rents are exploding, and there will be no pressure to sell or foreclose.

Keeping a bunch of money in cash?  That is almost as dumb as investing in Luna at this point, but you do you.[/quote]

It's called wishful thinking.  I saw that a lot the last time around.. But of course, this is different..   :lol: [/quote]

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