/biz/ - Business & Finance

>>17506943
I don't blame you for losing your head, anon, we are living in the beginning of the end of the world. That's why on Friday I liquidated EVERYTHING.


It's happening anon. This is the beginning of the next great depression. Stock up, prep yourself for rough years ahead, food shortages, water shortages, global economic instability, war, pestilence, death. It's finally happening, this is the beginning of the end times. We didn't listen, we didn't care, and now we will pay the price for our greed and destruction. The whole system will collapse, society will crumble, knowledge will be lost forever and humanity will never recover.

>>17494546
If you were combat arms, go work for Constellis for ~550-700/day doing nothing in Iraq. If you have a TS clearance, you can get a 120k/yr job literally doing Captcha all day for Northrop Grumman or Lockheed lmao.

In the 1983 movie "WarGames", one of the themes was that the only way to win some games is not to play.

If you think that Chinese Bat Death is just a hiccup, then trade away and good luck. But if you think this is going to crash the market, history has shown over and over again that there is only one proper move... go to CASH.

Back in 2008, there were some winners but mostly losers. People who lost included...
> put buyers who mis-estimated the best expiration dates
> people who bought the dip, not realizing that there was another 30% to fall
> people who but it would go up, but it went down
> people who bet it would go down but it went up
> people who bet that company X would collapse but it didn't
> people who bet that company Y was safe when it wasn't

But do you know who was in the best position of all... those who stayed in CASH the longest.

When the crash is done and stocks take a real upturn, there will be enough signals and enough time to get in and ride the next wave.

Those who still have cash when we hit bottom will have the best buying power. They will also be in a position to take advantages to discounts in real estate, cars, and other luxury items that people have to sell in a hurry.

So trade away, and I hope you make money, but don't catch a falling knife, and know when the best play is to keep your powder dry.