Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

Buy up ZIM and DIN.

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Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

This is so very Boomer.

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

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, RE is not going down in nominal dolars; 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.

Anonymous wrote:

Anonymous wrote:Apple and Tesla still need to fall a ton. There is still too much talk of bottoming out and people trying to buy the dip. It's only when the vast majority of people have had their hopes and dreams pulverized into bone dust do we bottom out. We aren't even at precovid levels yet, so all of the froth still hadn't been removed. Then we still gotta price in a recession. Long, long way to go down. I still see dumb tickers like $SNOW, TSLA, etc. trading for 100+ estimated P/Es. ARKK still exists and hasn't had to liquidate. Looooong way to drop still.

It is ridiculous Apple Tesla, Apple has such high profits that it’s P/E ratio is in the 20s, lol Tesla is it like 90

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Anonymous wrote:Aaaaaannd Google missed. MSFT did not post a strong ER with bullish guidance....if their call does not impress it is game over for the market.

This is going to get very ugly quick. Now the mega caps that make up the largest weighted portion of the indexes are going to get pounded into bone dust. Tesla just fell 11% in a day and makes up a huge portion of the index. This is going to be so brutal. We aren't even into sell in May and go away yet..oof.

LOL "game over". It's only brutal if you have a stupid portfolio populated with tech stocks.

you people panic so much...if you are panicking why are you invested?? The dow is down less than 10% YTD, S&P Down 12% and the NASDAQ is down 20%. if you are down more than 20% you clearly have no idea what you're doing. The NASDAQ is not "the market."

These types of declines are quite regular. Most investors just have a short term bias. Value stocks are holding up quite well. If you diversify just go back to bed and come back in a few months.

You are the dumb mindless type programmed to automatically buy the dip, because the fed was always there to save you over the last 14 years. The game is over because the Fed put no longer exists..so many idiots primed to buy any dip are going to get torched. The market has almost zero experience with quantitative tightening, so no, it really cannot be priced in easily as predictable rates hikes can that have models. Once QT happens it will also. completely upend the equity risk premium for owning stocks and.teillions will flow into bonds.

You are an idiot of you are oblivious to the lack of depth in this market. Once Apple, Tesla, Google, and Microsoft fall, all of the people that.mindlessly plug away investing into funds and ETFs that largely track the S and P 500.will get crushed.. There are tons of boomers now on the verge of retiring who may lose a huge amount of the retirement nest egg right before retiring.

Get it through your skull. There is no more fed put. There is QT.

Remember Tom Cruise jumping up and down on Oprah’s couch and calling Matt Lauer glib? That’s how crazy you sound.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

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Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

This is so very Boomer.

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

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

This is so very Boomer.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

PP here. Honestly, I just thought it would be boomers based on my parents' crowd (we'll be able to fund my parents and they lived pretty frugally after paying for our educations, which was decidedly a lot, so we're fine paying whatever they need).

Whoever is sitting there on these properties they didn't deserve is who I want to see go bust! We're in your boat as well but tbh we're not the typical millennials since we are also sitting on a bunch of cash to pick up some RE and invest back in when things go boom.

Anyways, I think we have the exact same strategy. Here's to the fun starting!

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

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.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

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

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.

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!

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.

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.

+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.

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?

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.

Anonymous wrote:

Anonymous wrote:Apple and Tesla still need to fall a ton. There is still too much talk of bottoming out and people trying to buy the dip. It's only when the vast majority of people have had their hopes and dreams pulverized into bone dust do we bottom out. We aren't even at precovid levels yet, so all of the froth still hadn't been removed. Then we still gotta price in a recession. Long, long way to go down. I still see dumb tickers like $SNOW, TSLA, etc. trading for 100+ estimated P/Es. ARKK still exists and hasn't had to liquidate. Looooong way to drop still.

It is ridiculous Apple Tesla, Apple has such high profits that it’s P/E ratio is in the 20s, lol Tesla is it like 90