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Stock Market is about to drop 20-40% - are you nervous?
Posted on 9/18/22 at 11:43 am
Posted on 9/18/22 at 11:43 am
Stock Market is about to drop 20-40% - are you nervous? Where are you placing your money?
Bloomberg article
New York Post article
Fortune Article
New York Times article
CNBC article
Deseret article
Pundit article
Business Insider article
Insider article
Bloomberg article
New York Post article
Fortune Article
New York Times article
CNBC article
Deseret article
Pundit article
Business Insider article
Insider article
Posted on 9/18/22 at 11:45 am to davidsheroes
Called it last year, cant go to cash, real inflation is 17-22%
This post was edited on 9/18/22 at 11:46 am
Posted on 9/18/22 at 11:50 am to davidsheroes
They've been saying this for 20 yrs
Posted on 9/18/22 at 11:51 am to davidsheroes
Gonna ride it out and hope for better days when I retire in 10 yrs or so.
What else to do? I guess the metals market is pretty good but you can't eat gold.
What else to do? I guess the metals market is pretty good but you can't eat gold.
Posted on 9/18/22 at 11:51 am to davidsheroes
I was told elections don’t have consequences.
Posted on 9/18/22 at 11:52 am to davidsheroes
It’s just people stealing money from people thatvwork so they don’t have to. They are telling us to shut the frick up and go pick the cotton!
Posted on 9/18/22 at 11:55 am to davidsheroes
I have cash sitting in an account drawing interest right now, waiting for the market to tank further so I can buy near the bottom.
When we finally get the Marxist handlers out of the executive branch, the markets will zoom as they did when Obama left.
This post was edited on 9/18/22 at 12:04 pm
Posted on 9/18/22 at 12:00 pm to TheHarahanian
quote:
I have cash sitting in an account drawing interest right now, waiting for the market to tank further so I can buy near the bottom.
I’m tempted to pull a chunk out and see what happens then buy back in.
Posted on 9/18/22 at 12:00 pm to davidsheroes
quote:
Where are you placing your money?
In the market? Buying opportunity.
Posted on 9/18/22 at 12:00 pm to davidsheroes
If that is what they are saying, then expect the opposite to happen in the short term, then when things get quite, the bottom will drop out.
Intrest rates will go up, meaning the value of the dollar will go up. Cash will be king. Buy shite for cheap when people start selling their truck nuts.
Intrest rates will go up, meaning the value of the dollar will go up. Cash will be king. Buy shite for cheap when people start selling their truck nuts.
Posted on 9/18/22 at 12:04 pm to davidsheroes
quote:
Stock Market is about to drop 20-40%
Its not. Too much capital out there. If experts are predicting a huge drop, itll probably go up.
Posted on 9/18/22 at 12:08 pm to davidsheroes
I feel like people have been predicting doom for awhile now. Michael Burry says its happening now and we're in the middle of it...but it doesn't seem like anything has changed much.
Posted on 9/18/22 at 12:11 pm to davidsheroes
Already got it protected. Ain't building much, but ain't losing either.
Posted on 9/18/22 at 12:13 pm to davidsheroes
I'm sure Paul and Nancy will do ok though.
Posted on 9/18/22 at 12:16 pm to davidsheroes
No. Wall Street is gonna Wall Street. Up, down, up and down. Just remember that it always comes back.
Posted on 9/18/22 at 12:20 pm to AndyCBR
quote:
What else to do? I guess the metals market is pretty good but you can't eat gold.
Ehh…maybe not
Gold Dessert
Posted on 9/18/22 at 12:31 pm to davidsheroes
Nope. I am now heavy on $GME and it is doing fine. They call us a cult, but we have half the free float locked up in direct ownership via ComputerShare. We (retail) are not selling and are buying more each day and DRSing (Direct Registering Shares).
Where have you ever met a group of investors who get excited when a stop "dips" in price and they swarm in and buy more? The old strategy of scaring retail don't work with GameStop investors.
You can buy and drs through Fidelity or other brokers, or direct purchase at ComputerShare. BUY, DRS, HODL
https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=t
Not Financial advice... just fun, buy a piece of history, advice
** ComputerShare announced they would be off-line some today for maintenance. If you can't reach them, save link and try again later.
Where have you ever met a group of investors who get excited when a stop "dips" in price and they swarm in and buy more? The old strategy of scaring retail don't work with GameStop investors.
You can buy and drs through Fidelity or other brokers, or direct purchase at ComputerShare. BUY, DRS, HODL
https://www-us.computershare.com/Investor/#DirectStock/Summary?IssuerId=SCUSGME&PlanId=SPP1&sv=t
Not Financial advice... just fun, buy a piece of history, advice
** ComputerShare announced they would be off-line some today for maintenance. If you can't reach them, save link and try again later.
Posted on 9/18/22 at 12:36 pm to Strannix
quote:
real inflation is 17-22%
groceries reflect this.
Posted on 9/18/22 at 12:40 pm to davidsheroes
People just need to tighten up until we can get Trump back in there to fix this mess. I’m glad I’m not yet close to retirement age and feel bad for the people who are.
Posted on 9/18/22 at 12:41 pm to davidsheroes
I'm not selling or buying any stock. The odd thing is that CD rates are not rising at all.
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