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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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1733643 No.1733643 [Reply] [Original]

>There are literally people on this board who have been sitting on cash for the last 6 months waiting for the "Correction."

>> No.1733663
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1733663

Elaborate?

>> No.1734042

The only reason why I'm sitting on cash is because of the 'correction' I receive up the ass every April 15th.

>> No.1734185

>>1734042
so, sitting on cash for the next 3 months so you can begin to wait for the correction to be over throughout the course of the next year?

>> No.1734196

>>1733643
I've been on this board for years and it gets posted almost everyday that the "correction" is coming. "Buy gold and silver!" they scream. We are either infested with dwarves or it's mental illness.

>> No.1734253

>>1734185
Literally what? No, I'm waiting to see what I owe in taxes. It's always high.

>> No.1734942

>>1734196
sooner or later the correction will come but by then everyone will be caught with their pants down.

>> No.1734948

>>1733643
>>There are literally people on this board who have been sitting on cash for the last 6 months waiting for the "Correction."

I've been waiting for a correction for a year and a half now...

The irony is, the longer you wait, the harder it is for you to jumpin... cuz you already wasted all that time waiting, you want to prove you're right.

it's a weird psychology

>> No.1735354
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1735354

>>1733643

>> No.1735361

>>1734253

Government can't get enough taxes.

>> No.1735806

>>1733643
Not me, I'm leveraged out the ass.

>> No.1735967

>>1734948
Don't invest in the S&P 500 if you think it's overvalued.

Invest in one of the many companies that are undervalued.

>> No.1736069

>>1734196

Doomsayers are wrong until they aren't. Eventually doom comes. Are you lucky enough to be in a timeframe avoiding it, or are you unlucky enough to be in the collapse time? Fuck if I know.