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The stock market is on the edge of a cliff - don't say Big Ern' didn't warn you (srs)
10-12-2018, 08:03 AM
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#121
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OP just learned econ

you do realize 5-10% corrections are now considered nothing in today's markets.
this ins't 30's where 5% correction meant end of world.

you do realize 5-10% corrections are now considered nothing in today's markets.
this ins't 30's where 5% correction meant end of world.
10-12-2018, 08:22 AM
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#122
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so many simpleminded "invest in real estate" goons on the misc, i bet they cant sleep at night these days, lol
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10-12-2018, 09:04 AM
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#123
10-12-2018, 09:04 AM
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#124
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Originally Posted By RightKindaGuy⏩
Fortunately(?) most miscers are way too broke for anything except a meth shack in the Midwest or maybe some reits. I know a guy who bought 40 houses during the last recession and they all tripled in value. He already sold half of them.so many simpleminded "invest in real estate" goons on the misc, i bet they cant sleep at night these days, lol
10-12-2018, 09:06 AM
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#125
10-12-2018, 09:13 AM
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#126
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Originally Posted By Ratfish⏩
Strong crystal ball you have bud.Lol no it isn't. Try 4-5 years from now
Look at the facts as we know them now:
Wage growth is starting to creep, inflation could pick back up, fed raising rates could put downward pressure on the equities markets. RE is always going to be seen as a nice hedge against inflation, especially if you start getting outflows from equities into RE as a wealth shelter. Look what happened after the .com bubble burst...money left the equities markets and went to RE which was a huge tailwind that created the housing bubble from early 2000's to 2006 or 2007 when it started to finally cool and then eventually pop. We haven't seen any big outflows from equities or unusual inflows into RE so the idea that RE broadly is in a bubble is extremely premature.
10-12-2018, 09:22 AM
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#127
10-12-2018, 09:24 AM
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#128
Originally Posted By Austanian⏩
You're the market timer that runs a hedge fund that had an annual return of 2% in the last 10 years while ondex averages 10.25% or so... The market is over valued and I honestly am surprised it hasn't crashed yet....
HOWEVER... After it crashes it will rebound in a couple of years. People will over buy to a new high... It will crash... Rebound... New high... crash... rebound.
Most of us are about 30 years old and will probably see another 5 crashes before we retire. Big fuking deal.
If you are sooo convinced banks now own the retirement game just go buy leveraged shares of financial equities and profit....
HOWEVER... After it crashes it will rebound in a couple of years. People will over buy to a new high... It will crash... Rebound... New high... crash... rebound.
Most of us are about 30 years old and will probably see another 5 crashes before we retire. Big fuking deal.
If you are sooo convinced banks now own the retirement game just go buy leveraged shares of financial equities and profit....
10-12-2018, 09:24 AM
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#129
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I'm know a lot of miscres here are late 20s early 30s and I'm guessing have some good cash saved up in order to buy a house/condo instead of renting. What should we all do? Buy soon or maybe late 2019?
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10-12-2018, 09:28 AM
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#130
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Originally Posted By LeJR⏩
Derp...You're the market timer that runs a hedge fund that had an annual return of 2% in the last 10 years while ondex averages 10.
Did you see anything about pulling out of the market in there? Might want to read a bit better. That was just a post on standard market behavior.
The last line was just goading op to go all in on his "predictions"... LOL
10-12-2018, 09:31 AM
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#131
Just make sure you have a stable job or steady income, keep on investing and of course always have cash on the side as well.
Invest in QUALITY corporations and you know they will be ok even if it's a bear market in the foreseeable future.
Profit.
If you know you are very emotional when seeing unrealized loss, do not invest right now. If you can ride the waves and have a steady income, you can still invest.
Invest in QUALITY corporations and you know they will be ok even if it's a bear market in the foreseeable future.
Profit.
If you know you are very emotional when seeing unrealized loss, do not invest right now. If you can ride the waves and have a steady income, you can still invest.
10-12-2018, 09:31 AM
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#132
Originally Posted By Briisk⏩
Don't chase the dragon. Look for bargains. Have an investment horizon of 2-3 years. There aren't a lot of "bargains" anymore. It's not when you buy, it's what price you buy which stock.I'm know a lot of miscres here are late 20s early 30s and I'm guessing have some good cash saved up in order to buy a house/condo instead of renting. What should we all do? Buy soon or maybe late 2019?
Unless your strategy is to buy index funds for retirement, you can't time it. Too hard. Keep putting some money into it 3 or 4 times a year whether it goes up or down. You'll be adding on the way up and adding when it goes down. Max out your IRA Roth. You could buy foreign indexes for hedge too.
Index fund strategy is good for someone who doesn't really have the time to research a lot of individual securities. The only problem with the index fund strategy is if you think the country where the index is listed is going to implode before you retire.
10-12-2018, 09:34 AM
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#133
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Originally Posted By Briisk⏩
Bought into the NYC real estate market this year, still heavily invested into the markets as well and have a good amount of cash on hand. I just don't see the upside to waiting for a RE correction, no one can really know when it may happen and if someone claims to know they're a fuking retard.I'm know a lot of miscres here are late 20s early 30s and I'm guessing have some good cash saved up in order to buy a house/condo instead of renting. What should we all do? Buy soon or maybe late 2019?
10-12-2018, 09:38 AM
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#134
- HockeyBacon18
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Originally Posted By RightKindaGuy⏩
lol watso many simpleminded "invest in real estate" goons on the misc, i bet they cant sleep at night these days, lol
its a helluva lot better ROI than renting. renting is pissing away money never to be seen again. Owning a house gives you the POTENTIAL to make money in the long run with the only "pissed away money" being property taxes which you hope is offset by the inflation of the value of the house.
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10-12-2018, 09:40 AM
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#135
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Millenial Checking in... a few things:
-I am far from broke...I have more in my 401k than alot of boomers i work with
-Stock market goes up and down. Buy when its down, buy when its up. NEVER stop buying. Ignore market conditions.
-Never allow single stocks to be more than 20% of your portfolio. Always buy quality Index funds and you will be fine.
-I am far from broke...I have more in my 401k than alot of boomers i work with
-Stock market goes up and down. Buy when its down, buy when its up. NEVER stop buying. Ignore market conditions.
-Never allow single stocks to be more than 20% of your portfolio. Always buy quality Index funds and you will be fine.
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10-12-2018, 09:41 AM
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#136
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Originally Posted By HockeyBacon18⏩
Taxes and interest are write-offs anyways.lol wat
its a helluva lot better ROI than renting. renting is pissing away money never to be seen again. Owning a house gives you the POTENTIAL to make money in the long run with the only "pissed away money" being property taxes which you hope is offset by the inflation of the value of the house.
its a helluva lot better ROI than renting. renting is pissing away money never to be seen again. Owning a house gives you the POTENTIAL to make money in the long run with the only "pissed away money" being property taxes which you hope is offset by the inflation of the value of the house.
10-12-2018, 09:45 AM
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#137
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ITT too few ****ing people have any ****ing clue how this **** works.
Confidence is low. Yes. But **** drops 1% and a bunch of idiots jump on the bandwagon for no reason (namely large institutions).
Dow will stabilise at 25-25.4, and then hit 27 in no time. Mark my words.
Confidence is low. Yes. But **** drops 1% and a bunch of idiots jump on the bandwagon for no reason (namely large institutions).
Dow will stabilise at 25-25.4, and then hit 27 in no time. Mark my words.
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10-12-2018, 09:49 AM
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#138
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Nice edit dickhead.
(((central banks)))
(((central banks)))
10-12-2018, 09:50 AM
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#139
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Originally Posted By HockeyBacon18⏩
like i said, simple minded investors^lol wat
its a helluva lot better ROI than renting. renting is pissing away money never to be seen again. Owning a house gives you the POTENTIAL to make money in the long run with the only "pissed away money" being property taxes which you hope is offset by the inflation of the value of the house.
its a helluva lot better ROI than renting. renting is pissing away money never to be seen again. Owning a house gives you the POTENTIAL to make money in the long run with the only "pissed away money" being property taxes which you hope is offset by the inflation of the value of the house.
a lot of wealthy people do not own houses so they have the liquid to invest elsewhere. obviously a lot of factors at play, but your strategy is what id hear at the local trailer park yard from some random drunken guy named Joe
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10-12-2018, 09:53 AM
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#140
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Originally Posted By HockeyBacon18⏩
which averages 2.4% per yearby the inflation of the value of the house.
(strong gains, lol)
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10-12-2018, 09:56 AM
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#141
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Originally Posted By nosirrahx⏩
I would sell it as it is mainly used in cat converters etcI bought 60oz of Palladium in 2008.
How am I doing?
How am I doing?
Wont be used much in the future with electric cars...unless another main use can be found.
Sold mine a few years back.
10-12-2018, 09:57 AM
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#142
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Originally Posted By RightKindaGuy⏩
Wealthy people? They're usually invested in RE, businesses of their own, silent partners, and of course in equities, bonds, ect... There's too many tax advantages of RE to be ignored for someone who truly has a lot of capital.like i said, simple minded investors^
a lot of wealthy people do not own houses so they have the liquid to invest elsewhere. obviously a lot of factors at play, but your strategy is what id hear at the local trailer park yard from some random drunken guy named Joe
a lot of wealthy people do not own houses so they have the liquid to invest elsewhere. obviously a lot of factors at play, but your strategy is what id hear at the local trailer park yard from some random drunken guy named Joe
10-12-2018, 09:57 AM
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#143
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Originally Posted By RightKindaGuy⏩
100% of my units were rented last week. 100% are rented this week. 100% will be rented next week.so many simpleminded "invest in real estate" goons on the misc, i bet they cant sleep at night these days, lol
I barely even think about it at all no matter what the market does.
Eat in a deficit to lose weight.
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10-12-2018, 09:58 AM
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#144
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Originally Posted By Briisk⏩
Real estate is incredible localized. What works for someone in one location may not for someone elsewhere.I'm know a lot of miscres here are late 20s early 30s and I'm guessing have some good cash saved up in order to buy a house/condo instead of renting. What should we all do? Buy soon or maybe late 2019?
That's why taking real estate advice on the internet is retarded.
10-12-2018, 10:00 AM
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#145
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Originally Posted By allianc3⏩
wealthy people do not invest into RE, lol. so many other easier, more profitable options. especially in 2018.Wealthy people? They're usually invested in RE, businesses of their own, silent partners, and of course in equities, bonds, ect... There's too many tax advantages of RE to be ignored for someone who truly has a lot of capital.
average joes invest into real estate. its a middle class investment strategy (generally speaking)
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10-12-2018, 10:03 AM
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#146
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Originally Posted By RightKindaGuy⏩
You just lost what little credibility you had left...wealthy people do not invest into RE, lol. so many other easier, more profitable options. especially in 2018.
average joes invest into real estate. its a middle class investment strategy (generally speaking)
average joes invest into real estate. its a middle class investment strategy (generally speaking)
10-12-2018, 10:03 AM
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#147
Originally Posted By Dan_S⏩
this, if you were able to buy property in California 10 years ago, the value of the house has been at least 2 or 3 times now lol. If it's somewhere midwest, not so much.Real estate is incredible localized. What works for someone in one location may not for someone elsewhere.
That's why taking real estate advice on the internet is retarded.
That's why taking real estate advice on the internet is retarded.
10-12-2018, 10:04 AM
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#148
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Originally Posted By thorpowers⏩
the 1% are not going to buy apartment complexes and then rent them out to a few miscers every year.You just lost what little credibility you had left...
my lord, lol
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10-12-2018, 10:05 AM
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#149
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Originally Posted By tyn89⏩
id be dumber than my dick to buy property in san diego right now. no way in the worldthis, if you were able to buy property in California 10 years ago, the value of the house has been at least 2 or 3 times now lol. If it's somewhere midwest, not so much.
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10-12-2018, 10:06 AM
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#150
- allianc3
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Originally Posted By RightKindaGuy⏩
You mean the average Chinaman Joe with millions hasn't been investing in NYC, SF, Vancouver RE over these last few years? Arab money doesn't flow into US real estate? Okay retard.wealthy people do not invest into RE, lol. so many other easier, more profitable options. especially in 2018.
average joes invest into real estate. its a middle class investment strategy (generally speaking)
average joes invest into real estate. its a middle class investment strategy (generally speaking)
Originally Posted By RightKindaGuy⏩
Another goon who only "knows" his own local market and has a crystal ball. LOLid be dumber than my dick to buy property in san diego right now. no way in the world
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