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Forum ยป The stock market is on the edge of a cliff - don't say Big Ern' didn't warn you (srs)
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Thread: The stock market is on the edge of a cliff - don't say Big Ern' didn't warn you (srs)

post 1563568621 10-12-2018, 08:53 PM
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#211
  1. momo5
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  1. momo5
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lol @ thinking the stock market was going to crash :P
I just want to share the knowledge I have obtained throughout my life and hopefully change someone's life.
post 1563568781 10-12-2018, 08:55 PM
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#212
  1. doddba
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  1. doddba
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Originally Posted By Ratfish⏩
Let's check back in on this in a year and see how things look
I have a FRM. And a job contract paid through 2022. See you then
post 1563568831 10-12-2018, 08:55 PM
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#213
  1. OliverHeldens
  1. OliverHeldens
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Originally Posted By doddba⏩
Nothing last forever. However, more checks and balances exist since the last crashes. ARMs were all but banished (sadly making a comeback).
Home ownership/real estate has withstood the test of time. Not stock markets. Cash does nothing while sitting idle.
ARMs never went anywhere, they just didn't make sense when you could get a 30 year mortgage for 3.5%. ARMs are actually a really great tool for people who know how to use them.
post 1563569011 10-12-2018, 08:58 PM
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#214
  1. Luc1fer
  1. Luc1fer
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Originally Posted By US_Ranger⏩
Better now than later if this is true.

The economy is a giant bubble. You only need to live in California to see this on a daily basis. Houses selling for 450k to people who make 50k a year because wages are nowhere near inflation. Techies filling up 4,000 dollar a month apartments in the bay area forcing out all skilled labor and normal people who then have to commute in to work. Taxes through the ****ing roof. Zoning laws ruining entire cities. Permits costing a fortune.

Look to California to see how the rest of the country will be headed. This place got HAMMERED during the 2007-2008 recession and it will do so again if another big one comes.
Just lol at living in Commiefornia. The worst bunch of people in the Western world.
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

โ–ˆโ–“โ–’โ–’โ–‘โ–‘๐ŸงตMake trolls invisible: https://forum.obnoxiousbrutes.com/showthread.php?t=180234573 โ–‘โ–‘โ–’โ–’โ–“โ–ˆ
post 1563569381 10-12-2018, 09:04 PM
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#215
  1. doddba
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  1. doddba
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Originally Posted By OliverHeldens⏩
ARMs never went anywhere, they just didn't make sense when you could get a 30 year mortgage for 3.5%. ARMs are actually a really great tool for people who know how to use them.
Except no one can predict interest rates at 5-7 years out. Yes, it's true interests rates can actually be lower with ARM...but in the case of 2008, it was catastrophic. Fixed rates at 4 and 1/4 are still a better bet...
post 1563569741 10-12-2018, 09:10 PM
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#216
  1. SuperMariBro
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  1. SuperMariBro
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Buy high sell low
post 1563570271 10-12-2018, 09:21 PM
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#217
  1. LaCosaNostra90
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  1. LaCosaNostra90
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its not a matter of if, but when
post 1563570281 10-12-2018, 09:21 PM
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#218
  1. headturner1
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Originally Posted By PowersKenny⏩
I put 100k of my account into SH weeks ago, it basically is an inverse of the S&,P results...thanks for the quick $6k...Bitcoin *******s lick my nuts..SRS google the stock its called proshares SH , ticker SH..looking for another $10 k by end of October...if market goes down you win..if it goes up you lose..not advice but I know what I'm doing..see age..and it's is just a portion of my portfolio...ha..Bitcoin..ha..market always goes up..chumps
Monica still long VIX
post 1563570951 10-12-2018, 09:35 PM
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#219
  1. Luc1fer
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Originally Posted By LaCosaNostra90⏩
its not a matter of if, but when
Duh
๐•ฎ๐–๐–†๐–˜๐–Š ๐–† ๐–ˆ๐–๐–Š๐–ˆ๐•ถ, ๐–“๐–Š๐–›๐–Š๐–— ๐–ˆ๐–๐–†๐–˜๐–Š ๐–† ๐–‡๐–Ž๐–™๐–ˆ๐–

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post 1563573961 10-12-2018, 10:27 PM
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#220
  1. SippyCups
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Lol at having to worry bout this when you could be living week to week, drinking 8 beers a night like me. Nothing to lose crew
Posting from CCF State Penitentiary. F7-Work Pod.

Raw dog crew.
post 1563574611 10-12-2018, 10:42 PM
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#221
  1. ErnieMccracken
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Originally Posted By SippyCups⏩
Lol at having to worry bout this when you could be living week to week, drinking 8 beers a night like me. Nothing to lose crew
Mirin' that carefree life, boyo. You do you.
post 1563575001 10-12-2018, 10:49 PM
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#222
  1. dhawkeye1980
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Originally Posted By TheCaptainA⏩
During 2008, we were so close to the system falling apart.

This time around I sure it will, and its not going to be pretty. If one war, or global disaster occurs, the whole thing will fall apart like dominoes

worst case, i have a safe deposit box full of silver. its only 14 an ounce

im going 80% cash and 20% metal and wait for the dust to settle.

I have an econ degree, and i am a former financial advisor to HNW investors...so i have some idea of what im talking about...
In a total collapse gold and silver mean jack

Bullets, weapons, water and rations
post 1563619951 10-13-2018, 03:50 PM
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#223
  1. PowersKenny
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Originally Posted By Shysty021⏩
Everything is on sale now....why not buy?

Do you hold out on buying gas thinking it may drop to what it was a week before?
. This idiot..real estate bubble,stock bubble what's on sale?
post 1563688311 10-14-2018, 03:08 PM
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#224
  1. ErnieMccracken
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Originally Posted By PowersKenny⏩
what's on sale?
Metals? Ammo?
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