Can’t we just opt out of the Space X situation or is it going to inundate every fund there is?

Anonymous wrote:FOMO precedes market crashes. People don't want 7% return anymore. They view that the same as a 0% return or even worse as a -1% return. It's insane. How did we get here? Blame the Fed for not putting the cash printing bazooka down.

Cash printing and explosion of credit as businesses and people borrow against their appreciation (unrealized gains) to avoid paying capital gains. This also contributed greatly to the creation of money out of thin air supported by the house of cards called stock market.

In addition a few conglomerates are propping stock market also by buying and selling to each other and fluffing up each other's valuations. Our monetary system and stock market sadly is based on a sort of "belief" system in its "value". Whether this crashes down or gets strung along remains to be seen.

The issue is that a lot of retirement accounts and pensions highly depend on stock markets remaining solvent and not crashing down, since this would take our entire economy into the toilet. These backbone stocks are now "too big to fail".

Anonymous wrote:I had this cynical view of Sandisk and sold when it was at $600. Don’t be me.

I’ve owned SanDisk for quite some time. It’s become a massive, life-changing, part of my portfolio. Going to take some profits to help pay for a lake house we just bought in Smith Mountain Lake.

I had this cynical view of Sandisk and sold when it was at $600. Don’t be me.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Like so many on here, seems like you have it all figured out. Market peak - all down hill from here. Probably want to get everything into cash as soon as possible!

Are you the “earnings are an irrelevant way to measure the value of a company” poster? 😂

It’s possible to both stay invested in the market and think that some of these valuations are stupid.

No just a poster that thinks that people who say we are "at the peak of the market" are the dumbest people imaginable from a personal finance perspective. As proven by the last decade+ of such posts that occur quite regularly.

Eventually those folks will be right just as the ones who shorted the housing market in 2008 were eventually right, and the ones who called a top in 1999 after a slew of big name IPOs were right. Of course, hindsight is 20/20. Only a handful of AI/tech companies are propelling the market higher.

You have no idea if this is true. Also, if the market keeps going up and and up in the interim what does a correction or a crash even mean? A correction would take us back to like a month ago. And then it would go back up again.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Like so many on here, seems like you have it all figured out. Market peak - all down hill from here. Probably want to get everything into cash as soon as possible!

Are you the “earnings are an irrelevant way to measure the value of a company” poster? 😂

It’s possible to both stay invested in the market and think that some of these valuations are stupid.

No just a poster that thinks that people who say we are "at the peak of the market" are the dumbest people imaginable from a personal finance perspective. As proven by the last decade+ of such posts that occur quite regularly.

Eventually those folks will be right just as the ones who shorted the housing market in 2008 were eventually right, and the ones who called a top in 1999 after a slew of big name IPOs were right. Of course, hindsight is 20/20. Only a handful of AI/tech companies are propelling the market higher.

FOMO precedes market crashes. People don't want 7% return anymore. They view that the same as a 0% return or even worse as a -1% return. It's insane. How did we get here? Blame the Fed for not putting the cash printing bazooka down.

Anonymous wrote:

Anonymous wrote:Like so many on here, seems like you have it all figured out. Market peak - all down hill from here. Probably want to get everything into cash as soon as possible!

Are you the “earnings are an irrelevant way to measure the value of a company” poster? 😂

It’s possible to both stay invested in the market and think that some of these valuations are stupid.

No just a poster that thinks that people who say we are "at the peak of the market" are the dumbest people imaginable from a personal finance perspective. As proven by the last decade+ of such posts that occur quite regularly.

Anonymous wrote:Like so many on here, seems like you have it all figured out. Market peak - all down hill from here. Probably want to get everything into cash as soon as possible!

Are you the “earnings are an irrelevant way to measure the value of a company” poster? 😂

It’s possible to both stay invested in the market and think that some of these valuations are stupid.

Nope. But that shouldn't stop you from skimming the froth.. as long as you are careful to not become the "bigger fool".

Like so many on here, seems like you have it all figured out. Market peak - all down hill from here. Probably want to get everything into cash as soon as possible!

Space X and Tesla are worth shit, but Elon is a genius at, specifically, getting massive federal government funding and hollowing out federal agencies to replace their competencies with his businesses and making himself indispensable.

He's a large tumor on the American system.

Only if you(someone) think it is.

Nope and if you buy in at retail you are the sucker.

All these huge upcoming IPOs (SpaceX, Anthropic, OpenAI), I think their valuations are in fantasyland and may be indicating a peak in the market. Retail is always the last to the party. Very similar circumstances to 1999. Thoughts?