Anonymous wrote:Anonymous wrote:Lol, you f**king morons never learn. You just got burned bigly by panic selling your stocks in April. And now you’re ready to make the same mistake again!
It’s truly unbelievable. Literally went through this same discussion in dramatic fashion 3 months ago only to watch the market climb to well above all time highs. And now people are freaking out all over again.
Anonymous wrote:We are buying a lot of gold, a lot of shelf stable food, converted our house to solar and have back up batteries, and we have some acreage that we grow food and livestock on.
Anonymous wrote:Anonymous wrote:Lol, you f**king morons never learn. You just got burned bigly by panic selling your stocks in April. And now you’re ready to make the same mistake again!
It’s truly unbelievable. Literally went through this same discussion in dramatic fashion 3 months ago only to watch the market climb to well above all time highs. And now people are freaking out all over again.
Anonymous wrote:Lol, you f**king morons never learn. You just got burned bigly by panic selling your stocks in April. And now you’re ready to make the same mistake again!
Anonymous wrote:The part where you say “maybe I’m being overly dramatic?”
The answer is yes.
Anonymous wrote:Anonymous wrote:Berkshire Hathaway has 30 percent of its assets in treasuries. Why aren't they fully invested in the market or close to it?
IIRC, they historically keep about 15-20% of assets in cash (or equivalents). They think valuations are too high and are waiting for a buying opportunity
Anonymous wrote:Berkshire Hathaway has 30 percent of its assets in treasuries. Why aren't they fully invested in the market or close to it?
Anonymous wrote:Berkshire Hathaway has 30 percent of its assets in treasuries. Why aren't they fully invested in the market or close to it?
Anonymous wrote:Lol, you f**king morons never learn. You just got burned bigly by panic selling your stocks in April. And now you’re ready to make the same mistake again!
Anonymous wrote:Anonymous wrote:Yes you are being overly dramatic. I have 6.5 mil in the market and staying the course
Sure said the people before the stock crash
This will be like 1929 not 2007
What maga morons fail to realize is Trump wants to crash the dollar, companies are not investing g in the US, and other countries are finding ways to have better partnerships.
We are so screwed
Anonymous wrote:Trump is doing absolutely everything perfectly to reduce aggregate demand. He is sharply reducing government spending, imposing tariffs = increased costs for goods, uncertainty causes people to hire less and spend less, stopping foreign travel to the US and kicking out people that would otherwise be spending - its a perfect economic storm.
We are spending as little as possible and saving everything we can.
Anonymous wrote:Yes you are being overly dramatic. I have 6.5 mil in the market and staying the course
Anonymous wrote:Buy gold. We also bought a few more Rolexes for fun.