Anonymous wrote:The rise of passive investing means it will never go down — everyone is in for long term.

+1. And stocks are now subsidized by the government. Even Obama, called a radical, a liberal and a socialist by the GOP, bailed out the banks.

A correction? Yes
A crash? No. Absolutely not.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?

Boy, somebody is a little jealous, eh?

Sure.

You're assuming/hoping that I have everything I own invested in the market. I don't. Among other things, I have two years worth of living expenses essentially in savings accounts, so I can weather pretty much any storm in the stock market. I'm also like the other poster -- I've been through crashes before, but always remained all in, and it's paid off. Buy and hold. Buy and hold.

You're trying to paint me as reckless, when I'm just being smart. Not sure why you're so annoyed with me. I'm just offering solid advice.

Why did you even respond to that a$$hole post? Just ignore them.

You're exactly right. Thanks. I won't respond again.

Thank you. Thank you.

Hmm. Mild correction, maybe, but nothing drastic. The last crash people remember was the 08-09 crash and that was an especially severe crash, but not your typical recession type slowdown.

Economic fundamentals are too good for a market crash. At the same time there's no indication of distortion in the economy like an overheated housing market either. So I'm not worried. Whether it's under President Trump or President Buttigieg the market will continue to do fine.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?

Boy, somebody is a little jealous, eh?

Sure.

You're assuming/hoping that I have everything I own invested in the market. I don't. Among other things, I have two years worth of living expenses essentially in savings accounts, so I can weather pretty much any storm in the stock market. I'm also like the other poster -- I've been through crashes before, but always remained all in, and it's paid off. Buy and hold. Buy and hold.

You're trying to paint me as reckless, when I'm just being smart. Not sure why you're so annoyed with me. I'm just offering solid advice.

Why did you even respond to that a$$hole post? Just ignore them.

You're exactly right. Thanks. I won't respond again.

Anonymous wrote:Obviously when Trump gets elected. According to Paul Krugman, the markets will never recover after Trump got elected. https://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

"So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."

I do think the market is overdue for a correction, but markets are cyclical - there is always a correction after a long bull market. I'm sure it will be blamed on Trump, but his administration has done some great things behind the curtain to try to fix broken parts of the economy.

This magical thinking is hilarious. He's riding the tail end of the Obama market, the tax cuts were a complete bust by every metric, but sure, he's "working behind the scenes" to "fix the broken parts." That's why factories he promised to keep open are still closing and farms are going under because of his stupid trade wars, right? His behind the curtain fixes? Or did he finally come through on a campaign promise and create some new coal mines?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?

Boy, somebody is a little jealous, eh?

Sure.

You're assuming/hoping that I have everything I own invested in the market. I don't. Among other things, I have two years worth of living expenses essentially in savings accounts, so I can weather pretty much any storm in the stock market. I'm also like the other poster -- I've been through crashes before, but always remained all in, and it's paid off. Buy and hold. Buy and hold.

You're trying to paint me as reckless, when I'm just being smart. Not sure why you're so annoyed with me. I'm just offering solid advice.

No, i wasn't the first guy who called you "genius"... I actually didn't know what you were talking about. i am certainly not annoyed by you. I really don't care what you do with your money.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?

Boy, somebody is a little jealous, eh?

Sure.

You're assuming/hoping that I have everything I own invested in the market. I don't. Among other things, I have two years worth of living expenses essentially in savings accounts, so I can weather pretty much any storm in the stock market. I'm also like the other poster -- I've been through crashes before, but always remained all in, and it's paid off. Buy and hold. Buy and hold.

You're trying to paint me as reckless, when I'm just being smart. Not sure why you're so annoyed with me. I'm just offering solid advice.

Why did you even respond to that a$$hole post? Just ignore them.

The rise of passive investing means it will never go down — everyone is in for long term.

Anyone who expects to live off the money in their brokerage accounts (like day to day) is an idiot. These are long-term holdings. They'll weather a market correction.

Anonymous wrote:

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?

Boy, somebody is a little jealous, eh?

Sure.

You're assuming/hoping that I have everything I own invested in the market. I don't. Among other things, I have two years worth of living expenses essentially in savings accounts, so I can weather pretty much any storm in the stock market. I'm also like the other poster -- I've been through crashes before, but always remained all in, and it's paid off. Buy and hold. Buy and hold.

You're trying to paint me as reckless, when I'm just being smart. Not sure why you're so annoyed with me. I'm just offering solid advice.

If Elizabeth Warren or Bernie Sanders get elected. I'm liquidating my holdings.

Watch tech. That will be the bell weather. Somehow WeWork sheetwhow didn’t trigger it (even ‘good’ companies like ServiceNow have a P/E of 1500, though Slack stock has fallen)

All these unicorns went public, and in general stock has been bad deal (Uber, Slack, BlueApron), yet big tech is still HUGE. The dirty secret is BIG TECH biggest customers are the VC funded startups, so it will be the proverbial low tide when VC investing returns to sanity.

Obviously when Trump gets elected. According to Paul Krugman, the markets will never recover after Trump got elected. https://www.nytimes.com/interactive/projects/cp/opinion/election-night-2016/paul-krugman-the-economic-fallout

"So we are very probably looking at a global recession, with no end in sight. I suppose we could get lucky somehow. But on economics, as on everything else, a terrible thing has just happened."

I do think the market is overdue for a correction, but markets are cyclical - there is always a correction after a long bull market. I'm sure it will be blamed on Trump, but his administration has done some great things behind the curtain to try to fix broken parts of the economy.

Anonymous wrote:PP. I mean not invested in the market, not the mortgage! Two years in an emergency fund.

hey genius, can you say the whole thing one more time? use a coherent sentence?