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/biz/ - Business & Finance

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12562113 No.12562113[DELETED]  [Reply] [Original]

How are you faggots going to survive the next 2008 style crash? I know its coming

>> No.12562129

>>12562113
Diversification of various stocks and options or otherwise known has the classic saying 'don't put all your eggs in one basket.'

>> No.12562136

>>12562113
>2008
I think you mean 1929.

>> No.12562698

>>12562129
um.... I'm not sure you understand how this works, anon.

>> No.12562727

>>12562113
I've $50k and growing in cash ready to buy the dip in the stock market. I might even pick up some real estate.

>> No.12562820

>>12562136
this.

and there is just 1 way.
No debt, some liquid cash. Some liquid gold, silver. Tons of water and cans. A gun, ammo and a knife. Durable clothes and know how to make a fire.

>> No.12562831

>>12562113
By being the most hireable guy ever.

Also saved money. Can't wait for the right time to buy a house.

>> No.12562838

>>12562113
Unironically cryptocurrency. Non government backed currency is good when government financial systems collapse

>> No.12562863

Crypto

>> No.12562866

>>12562113
yea, well when? they have been saying that shit for the last 11 years. this could probably go on for a few more. im not saying i dont believe you because its obvious this shit will happen, but im curious if anyone has any predictions and reasoning for them.

>> No.12562887

I found out this week that I apparently have around $45k in a couple mutually funds started for me as a child.
Writing on the wall about coming crash/lull has been obvious for a while, but I'm unsure what to do or how to make the call of when I should do it.
Would cashing these out completely asap be retarded? Do I have a couple weeks or a couple years? Put it all in a CD maybe, and buy back in a few years when things start moving again?

>> No.12562905

>>12562866
There's over a trillion dollars of leverage corporate debt sitting out there, and it's being granted in the same shady way as CDOs. When the markets start souring and the loans begin to default, we'll have another problem similar to 2008. Difference now being that we are openly discussing it, including some politicians like Warren. The Fed is aware too

>> No.12562906

>>12562866
You must be blind to don't see that a meltdown is at the corner.
When? no one know the day, but only because (((they))) are trying to stop it. But the cure will only inflating the bubble not deflating.
It will be a mix of corporate and nations debts default the catalyst of one of the worst recession in economic history.

>> No.12562928
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12562928

>>12562113
>I know its coming
New Notes is how you survive.

https://www.youtube.com/watch?v=nmtw8grnnUM

-Polymer
-Blockchain driven
-Backed by precious metals
-Impossible to counterfeit

You will need cash or precious metals to get them. Hope you're ready.

>> No.12562958

>>12562113
I'll buy puts and live off the profits until the bear market is over

>> No.12562969

Buy a ton of houses and enter the stock market right now

>> No.12563081

>>12562113
It's not a big deal.
I think we're just in for a retest of the Y2K dotcom bubble top to shake the weak hands out of the economy.

>> No.12563125

>>12562113
Only a colossal retard holds out on investing because of an economic crash. Consider:
>the economy does not crash
>you held out and gained nothing

>the economy does crash
>you did not hold out and your stocks are down

Now
>stocks recover and your net worth begins to go up
>stocks remain down and the entire American economy collapses and civilization as we know it ends

If the latter, nothing happens. If the former, nothing happens, except you should buy the dip, too. Simple process of elimination lads.

>> No.12563256

>>12562838
>>12562863
Crypto will be the reason for the crash, everyone will hate crypto, and you will be publicly executed in front of cheering crowds for ever having been involved with it.

>> No.12563266

>>12562113
Land vegetables and a few chickens

>> No.12563269

Oy vey!

>> No.12563296

>>12563125
This plus dollar cost averaging for maximum comfy

>> No.12563454

If you're seriously worried about a crash, migrate your holdings to securities on foreign exchanges like in Canada. In 2008 Canada was largely unaffected by the housing bubble collapse because regulations are better there and banks actually have a real fiduciary responsibility.

The US is great for investing in explosive growth, but there are serious issues with our regulatory structure which makes our exposure to downturns much larger than they need to be.

>> No.12563469

>>12562113
gonna need sauce senpai

>> No.12563631

>>12562113
You'll be in your 80s when it happens.

>> No.12563647

>>12563256
Bullish. The bottom is unironically in. Just bought 100k Bitcoin.

>> No.12563681

>>12562727
Your cash will become as worthless as Zimbabwe dollars when the crash happens. You won’t be able to buy shit with it.

>> No.12563686

You fucking idiots act like the good ol' USA won't just TAKE EVERYTHING from these cunts when shit hits the fan. We've pulled money from thin air before what's gonna stop us now. Fucking pussies get ready to serve your goddamn country so you can keep you wifes tits milked.

>> No.12563688

>>12562113
I own puts on all my positions.

>> No.12563852

>>12562928
Is this actually a thing?

>> No.12564161

bamp

>> No.12564194

>>12563852
no but it's a beautiful concept artistically

>> No.12564226

>>12562113
ill invest even more into the market buy low sell high

>> No.12564251

by RAPEING & pillaging

but mostly rapeing

>> No.12564290

>>12563125
people need to stop this civilization ending due to financial collapse.
Japan didnt go back to a feudal society due to its collapse. And the asian financial collapse didnt cause asia to regress.

All crashes mean is that markets have had their liquidtity dry up, in laymans terms just means a bunch of debt went up in smoke in terms of valuations.

>> No.12564303

>>12564290
>All crashes mean is that markets have had their liquidtity dry up, in laymans terms just means a bunch of debt went up in smoke in terms of valuations

first time gleaning from this perspective
interesting, thanks for sharing fren

>> No.12564382

>>12563125
We are far from the dip senpai

>> No.12564402

>>12562113
i have $200k in cash for cheapies

>> No.12564432 [DELETED] 

>>12562113
Mu friend is in stocks and won't sell. What can i sag to him to convince him that stocks are going to crash?

>> No.12564449

>>12562928
Until there's a run on the bank

>> No.12564455

My friend is in stocks and won't sell. What can I say to him to convince him that stocks are going to crash?

>> No.12564466

>>12564455
you probably shouldn't say anything. he likely suspects you're a retarded pleb, and any attempt of giving of your dumb advice will probably convince him.

>> No.12564473

>>12564455
find smarter friends before the crash

>> No.12564486

>>12562113
The next real crash won't be until the 2030s when zoomerfags are deep into their retirement plan contributions.

>> No.12564529

>>12562129
Except all of your eggs would still be in the same crashing market.

>> No.12564730

>>12562905
thr answer is now
you will never sell at the top anon
the crash is always a week away