[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 144 KB, 1080x667, IMG_20191206_172617.jpg [View same] [iqdb] [saucenao] [google]
16481025 No.16481025 [Reply] [Original]

How do I profit from the next Burgeristan recession?

>> No.16481040

but goldman sachs itselfs says there will be no recession

>> No.16481084

>>16481040
Fug

>> No.16481237

>>16481040
Have you learned nothing from the fud/shill game on biz

>> No.16481247

when fearful...

>> No.16481275

>>16481247
Do you really see the fear? I personally have seen 0 plebs concerned about recession, so many of them are still buying equity at insane paces and they are buying equities they think will rebound huge when the trade war ends

>> No.16481292

>>16481275
i'm prepared for both possibilities

>> No.16481308

>>16481275
I know office drones buying houses with 5% down and adjustable mortgage rates, junkies buying their second to third cars, boomers buying condos in the city with their retirement funds, and drug dealers who are able to afford Bentley's because of the cash they're trying to get rid of. Shits going to be very bad this time around. Smaller already struggling cities will not survive in their current forms.

>> No.16481323

>>16481025
S&P 5000 incoming

>> No.16481331

>>16481275
plebs will become concerned at the bottom lmao

>> No.16481439

>>16481292
How does one prepare? I have no debt aside from mortgage. Have quite a bit of cash on hand and some silver

>> No.16481453

>>16481237
not yet, i am still a newfag. so whats up?

>> No.16482055

>>16481025
the way to profit from a crash is to already have money to buy discounted stocks you fucking dummy.

>> No.16482089

>>16481308
With the cleavages not running just among racial and political lines, but age, geography, consumer preferences..., this is going to be Mad Max

>> No.16482120

>>16481453
Diversion. Recession will got whether it’s before or after election is up in the air. So like the post after yours keep cash on hand to buy things after a 20-30% correction.

>> No.16482148

>>16481308
Fuck off, no one is buying an arm in this rate environment.

>> No.16482149

>>16482055
How would you counter potential inflation. Just look at the billions printed in the last few months. Doesnt bode well for cash heavy portfolios

>> No.16482150

>>16481275
That was 4 months ago or whenever it was that normies were talking about the bond market, now haven't heard a peep and markets on a tear; Now is the time for fear. Stay liquid my friends for the time to buy cheapies is near.

>> No.16482156

Why do they always show people face paling? Is that the Boomer pink wojak?

>> No.16482189

>>16481439
Water bottles, canned tuna, peanutbutter packets, and 556/9mm.

>> No.16482211
File: 171 KB, 700x1016, 56098A1D-1FF5-4BFD-AEFD-1C3AC107F81A.jpg [View same] [iqdb] [saucenao] [google]
16482211

>>16481025
What does this mean for chainlink and data economy?

>> No.16482513

>>16481308
>>16482148

Can't tell if this is bait or not. ARMs are pretty good right now because if there is a recession, your rate will reprice down anyway without having to pay a fuckload of closing costs.

So yeah, ARMs are really legit right now. Plus they usually offer lower closing costs and lower interest rates. The average duration for a 30 year mortgage is 7 years anyway, so a 7/1 ARM is a perfect risk/reward term.