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Wall St Continues to Bleed
Comments
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I'm in Tulips now
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You’re probably old enough to remember the first time this was triedRaceBannon said:I'm in Tulips now
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Not what I do, but sounds like your approach.Bendintheriver said:
Is that what you do? If so stop being stupid.MikeDamone said:
Sell low buy high. Good strategyBendintheriver said:We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
The market here is going down. When the time is right we will invest.
If you would have sold your stock portfolio in 2009 and bought real estate you’d of had the benefit of a collapsed real estate market. But even still you would have missed 300% stock market growth in that time frame.(S&P) If you sell now maybe it’s near the bottom, maybe not, but one thing is certain, while real estate has softened some, there is no excitation of a 2008 type correction
Sounds like you’re trouble with the emotions of the ups and downs of the stock market -
It's gonna drop a lot more.
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Agreed, probably another 20-25%.Sledog said:It's gonna drop a lot more.
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I need stalk tips from genius Hhusky to buy the dip
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He bought more today tooMikeDamone said:
Herr Dazzler bought the dip 2500 points ago.Bob_C said:Aren’t we all just supposed to buy the dip?
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Can you be a bigger dick? I have no idea how old you are. I am guessing 16.MikeDamone said:
Not what I do, but sounds like your approach.Bendintheriver said:
Is that what you do? If so stop being stupid.MikeDamone said:
Sell low buy high. Good strategyBendintheriver said:We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
The market here is going down. When the time is right we will invest.
If you would have sold your stock portfolio in 2009 and bought real estate you’d of had the benefit of a collapsed real estate market. But even still you would have missed 300% stock market growth in that time frame.(S&P) If you sell now maybe it’s near the bottom, maybe not, but one thing is certain, while real estate has softened some, there is no excitation of a 2008 type correction
Sounds like you’re trouble with the emotions of the ups and downs of the stock market
I am approaching a pre determined retirement you dumbass. We are taking 25% of our retirement income and we are going to invest in two rental homes. We will get $2500 to 4500 a month in rental income for each property. That is regardless of the stock market. We will pay down our 401K quickly and the rest is income to live on.
We will do it at the right time and make sure it is done with intelligence and foresight, something you clearly lack. For anyone reading this post, this asshole is a n immature idiot who likes to make himself feel good by accusing others of doing things they would never do.
Fucking idiot.
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Do mean that you are borrowing from 401-k?Bendintheriver said:
Can you be a bigger dick? I have no idea how old you are. I am guessing 16.MikeDamone said:
Not what I do, but sounds like your approach.Bendintheriver said:
Is that what you do? If so stop being stupid.MikeDamone said:
Sell low buy high. Good strategyBendintheriver said:We are going to take one of the 401K's and invest in real estate. Enough of this roller coaster ride when rats are in charge. Biden is not doing one thing to strengthen our country or economy and I don't want to be dependent upon a global economy run by despots who would like nothing more than to see us crash and burn.
The market here is going down. When the time is right we will invest.
If you would have sold your stock portfolio in 2009 and bought real estate you’d of had the benefit of a collapsed real estate market. But even still you would have missed 300% stock market growth in that time frame.(S&P) If you sell now maybe it’s near the bottom, maybe not, but one thing is certain, while real estate has softened some, there is no excitation of a 2008 type correction
Sounds like you’re trouble with the emotions of the ups and downs of the stock market
I am approaching a pre determined retirement you dumbass. We are taking 25% of our retirement income and we are going to invest in two rental homes. We will get $2500 to 4500 a month in rental income for each property. That is regardless of the stock market. We will pay down our 401K quickly and the rest is income to live on.
We will do it at the right time and make sure it is done with intelligence and foresight, something you clearly lack. For anyone reading this post, this asshole is a n immature idiot who likes to make himself feel good by accusing others of doing things they would never do.
Fucking idiot.
My view, and it’s just that, a view, is that the economy will be bigger in 10 year’s time. There will be a lot of up and down between now and then, but I’m long on the US economy.
Tech continues to print money. We have a correction happening and that may continue or get worse. Nobody knows. But long-term I like the US economy.
My uncle takes your approach and has done rentals for years. -
Dow taking a 750 point bath this morning.
Carnage.
