Of course not but digits on a screen are only CLAIMS. The "money" is not even there. There are way too many claims for actual money to be there.

But when trillions are leaving markets in the same timeframe we will have a big problem.

This post was edited on 12/7/18 at 2:43 pm

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Posted by Thib-a-doe Tiger

Member since Nov 2012

35460 posts

Posted on 12/7/18 at 2:47 pm to Hussss

quote:
Of course not but digits on a screen are only CLAIMS. The "money" is not even there. There are way too many claims for actual money to be there.

You are aware that when you buy a stock, you’re buying it from a 3rd party, and not a broker or from the underlying company (most of the time), right?

quote:
But when trillions are leaving markets in the same timeframe we will have a big problem.

If stocks are trading at attractive prices, all because boomers are cashing out, you can bet your arse someone will be there to buy them

People with dry power are licking their chops at this scenario

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Posted by LSURussian

Member since Feb 2005

126966 posts

Posted on 12/7/18 at 2:47 pm to Hussss

quote:
but digits on a screen are only CLAIMS. The "money" is not even there. There are way too many claims for actual money to be there.

Are you still referring to people owning and selling their stocks? If so, your sentence makes no sense at all.

Stocks are not "claims" on a company, they are shares of ownership in a company. When someone sells his stock, the company does not pay him, the buyer of his shares pays him. And if the buyer doesn't have the money to buy the shares, the seller keeps his shares.

What is your meaning?

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