Started By
Message

Stock Market is about to drop 20-40% - are you nervous?

Posted on 9/18/22 at 11:43 am
Posted by davidsheroes
Los Angeles
Member since May 2007
3523 posts
Posted on 9/18/22 at 11:43 am
Posted by Strannix
District 11
Member since Dec 2012
49061 posts
Posted on 9/18/22 at 11:45 am to
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 by Wtodd
Tampa, FL
Member since Oct 2013
67515 posts
Posted on 9/18/22 at 11:50 am to
They've been saying this for 20 yrs
Posted by AndyCBR
Baton Rouge, LA
Member since Nov 2012
7566 posts
Posted on 9/18/22 at 11:51 am to
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.

Posted by TimeOutdoors
AK
Member since Sep 2014
12123 posts
Posted on 9/18/22 at 11:51 am to
I was told elections don’t have consequences.
Posted by BamaScoop
Panama City Beach, Florida
Member since May 2007
53905 posts
Posted on 9/18/22 at 11:52 am to
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 by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19579 posts
Posted on 9/18/22 at 11:55 am to

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 by loogaroo
Welsh
Member since Dec 2005
31178 posts
Posted on 9/18/22 at 12:00 pm to
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 by DotBling
Member since Oct 2019
3041 posts
Posted on 9/18/22 at 12:00 pm to
quote:

Where are you placing your money?


In the market? Buying opportunity.
Posted by Langland
Trumplandia
Member since Apr 2014
15382 posts
Posted on 9/18/22 at 12:00 pm to
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.
Posted by Guntersville
Member since Sep 2022
80 posts
Posted on 9/18/22 at 12:04 pm to
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 by tiggerthetooth
Big Momma's House
Member since Oct 2010
61410 posts
Posted on 9/18/22 at 12:08 pm to
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 by mtntiger
Asheville, NC
Member since Oct 2003
26668 posts
Posted on 9/18/22 at 12:11 pm to
Already got it protected. Ain't building much, but ain't losing either.
Posted by L1C4
The Ville
Member since Aug 2017
13282 posts
Posted on 9/18/22 at 12:13 pm to
I'm sure Paul and Nancy will do ok though.
Posted by TGFN57
Telluride
Member since Jan 2010
6975 posts
Posted on 9/18/22 at 12:16 pm to
No. Wall Street is gonna Wall Street. Up, down, up and down. Just remember that it always comes back.
Posted by LSU2ALA
Member since Jul 2018
1935 posts
Posted on 9/18/22 at 12:20 pm to
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 by GhostOfFreedom
Member since Jan 2021
11840 posts
Posted on 9/18/22 at 12:31 pm to
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.
Posted by ninthward
Boston, MA
Member since May 2007
20465 posts
Posted on 9/18/22 at 12:36 pm to
quote:

real inflation is 17-22%


groceries reflect this.
Posted by SelaTiger
Member since Aug 2016
18126 posts
Posted on 9/18/22 at 12:40 pm to
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 by Zach
Gizmonic Institute
Member since May 2005
112642 posts
Posted on 9/18/22 at 12:41 pm to
I'm not selling or buying any stock. The odd thing is that CD rates are not rising at all.
first pageprev pagePage 1 of 6Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram