rick81721
Lothar
Eh they gotta come back at some point. I hope!
Biggest crash in stock market history?
- Thread starter Dave Taylor
- Start date
Eh they gotta come back at some point. I hope!
Mahnken
Well-Known Member
If the market ran on hope I'd be a billionaire 😂
Dave Taylor
Rex kwan Do
Thinking the next decade will be brutal. Oil and gold should sky rocket while we potentially see a 1600 SPX. I do believe this is coming sooner rather than later. How long can JPOW sit in checkmate before we see 2,3,4 rate hikes a year? The reason I think a big crash is inevitable is these new BTFD generation. They don"t know what it's like when stonks go down....and the fear will be the greatest ever...
rick81721
Lothar
Dave Taylor
Rex kwan Do
So what will the action in the markets be when they raise rates?
rick81721
Lothar
Same thing that always happens - it'll go down, then go back up again
Just because that's happened before doesn't mean it will continue.
What if there's a worldwide pandemic? Or a war or two that the entire developed world gets involved in?
Oh wait...
Dave Taylor
Rex kwan Do
I get it, but would you risk 78% of your assets that you have now like the tech bubble or 54% like in the '08 '09 housing crisis? Sure, it's a great time to buy when things crash unless you didn't cash out and don't have any cash to buy.
THATmanMANNY
Well-Known Member
There’s always a correction period but getting hard to HODL
Do really believe that you're going to lose 78% of your portfolio if/when the the fed finally raises interest rates? If so, I think your stock picks suck.
terrabike01
Well-Known Member
Everyone go read the posts on the 1st page of this thread. Hope no one has been short since then.
Nothing has changed besides Brandon and a few governors who are going to keep the virus going forever.
If I listened to my own advice, I would have been retired in Florida right now.
I'll say it again, no where else to park $$$ besides the stock market. Some might see CD's soon but the market will just keep going.
Nothing has changed besides Brandon and a few governors who are going to keep the virus going forever.
If I listened to my own advice, I would have been retired in Florida right now.
I'll say it again, no where else to park $$$ besides the stock market. Some might see CD's soon but the market will just keep going.
i was being flippant,
if they call the loan on depressed equities, and you are in a CD, the cover is less than the investment.
I'd never do any type of double leverage. If i was that sure, i'd use options. and maybe i'd use option to
protect the downside.
Dave Taylor
Rex kwan Do
Hope no smart investors were in DKNG, MARA or RIOT near the top...wait, stocks go down? How about HOOD, SKLZ etc? Hope no low risk, smart, conservative investors were in any of Cathy woods ARK ETFs...ouch.
Mahnken
Well-Known Member
Growth name have taken a big hit. Never would have thought a couple weeks ago that I'd be short Tesla and long Ford, but here we are, lol.
There are always some losers. But if you have a well diversified portfolio you won't lose 78%. If you do, just wait it out and it will come back better than before, Always has. If you pull your money out of the market you might miss the dip, but you'll also miss the climb back up. If anyone here truly figured out how to time the market, they wouldn't be working anymore.
Cassinonorth
Well-Known Member
/thread
Mahnken
Well-Known Member
There are a lot of people that trade for a living. >90% of people that try, fail. Even the ones that make it typically blow up their accounts a few times before getting consistently profitable. It's not easy, and takes a lot of screen time and study. But if you have a few years and however many thousands you're willing to lose in market tuition, it could become your ticket to print money.
Cassinonorth
Well-Known Member
I at least respect the WSB traders that treat it like a casino.
Individual investors that think they know more than quants on Wall Street are kinda sad to me.