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Stock Market is about to drop 20-40% - are you nervous?
Posted by davidsheroes on 9/18/22 at 11:43 am546
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
re: Stock Market is about to drop 20-40% - are you nervous?Posted by Strannix 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 at 11:46 am
re: Stock Market is about to drop 20-40% - are you nervous?Posted by Wtodd on 9/18/22 at 11:50 am to davidsheroes
They've been saying this for 20 yrs
re: Stock Market is about to drop 20-40% - are you nervous?Posted by AndyCBR 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by TimeOutdoors on 9/18/22 at 11:51 am to davidsheroes
I was told elections don’t have consequences.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by BamaScoop 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!
re: Stock Market is about to drop 20-40% - are you nervous?Posted by TheHarahanian 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 at 12:04 pm
re: Stock Market is about to drop 20-40% - are you nervous?Posted by loogaroo 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by DotBling on 9/18/22 at 12:00 pm to davidsheroes
quote:
Where are you placing your money?
In the market? Buying opportunity.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by Langland 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.
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re: Stock Market is about to drop 20-40% - are you nervous?Posted by Guntersville 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by tiggerthetooth 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by mtntiger on 9/18/22 at 12:11 pm to davidsheroes
Already got it protected. Ain't building much, but ain't losing either.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by L1C4 on 9/18/22 at 12:13 pm to davidsheroes
I'm sure Paul and Nancy will do ok though.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by TGFN57 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.
quote:
What else to do? I guess the metals market is pretty good but you can't eat gold.
Ehh…maybe not
Gold Dessert
re: Stock Market is about to drop 20-40% - are you nervous?Posted by GhostOfFreedom 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by SelaTiger 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.
re: Stock Market is about to drop 20-40% - are you nervous?Posted by Zach 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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