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/biz/ - Business & Finance

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17642225 No.17642225 [Reply] [Original]

Bommers are doomed.

They are in a tough spot..if the market crashes, they dont have time for a recovery...

so when they will sell it will create a cascade that no one will be able to stop and panic generally start at -30%.

Funny thing is that they wanted to prop up the market to the moon so they can CASH OUT at the top and ride off the sunset while we bough their overvalued holding but I guess not

they are done.

>> No.17642244

bump

>> No.17642275

>>17642225
Saudis just fucked everyone. Get ready for the dump of a lifetime.
https://www.zerohedge.com/commodities/saudi-arabia-starts-all-out-oil-war-destroys-opec-flooding-market-slashing-oil-prices

>> No.17642281

>>17642275

Can you explain the implication of this ?

>> No.17642300

boomers are up like 800% on stocks since the 80s retard

>> No.17642316

>>17642300

lol @ you thinking they don't spend their money or add in on the way up.

>> No.17642369

bump

>> No.17642408

>>17642225
Boomers hold mainly bonds and low risk shit. That's what you do as you get old. Their target dare funds do that automatically as they get older.

>> No.17642414

no they are also greedy

they are in stocks

>> No.17642427

>>17642275
>https://www.zerohedge.com/commodities/saudi-arabia-starts-all-out-oil-war-destroys-opec-flooding-market-slashing-oil-prices

stop pretending you retards know what this means.

>> No.17642452

>>17642427
I don't

can you explain ?

>> No.17642500
File: 3.63 MB, 500x281, boogie losing it.gif [View same] [iqdb] [saucenao] [google]
17642500

>>17642427
>>17642275
https://www.zerohedge.com/markets/panic-usdjpy-crashes-commodity-pairs-plunge-oil-said-open-down-10

Shit is gonna hit the fan tomorrow senpai.

>> No.17642534

Being short in these times is the comfiest thing ever. The money is LITERALLY on the streets, just pick it up lmao.

>> No.17642551

>>17642534
the premiums are so expensive though....

>> No.17642864

>>17642281
Essentially, the Saudis are going to flood the market with cheap oil causing a major sell off of everything.
>>17642427
Eat a dick nigger. I work in the oil field, I know exactly what this means.
>>17642500
This.

>> No.17643362

>>17642300
Average boomer net worth is over one million. This is skewed because of jewish boomers. The median net worth of a boomer is 200k. That means half of boomers have a net worth above 200k and half are below 200k.

>> No.17643464

my boomer dad insisted I would invest 3k into royal dutch shell company instead of in crypto. ALready down 30% and with this shitstorm coming I would not be surprised with another 30% drop...
Thx dad...

>> No.17643482

>>17642316
They can't spend or cashout their 401k until theyre 67

>> No.17643538

>>17642281
Oil gets cheap so all consumer products get cheaper

This isn't really a disaster except for people who own fracking/oil business

>> No.17643560

>>17642225
"Bommers" are living longer and longer, they saw 2008/2009 and won't panic sell.

Or COVID kills them and they never got a chance to sell

>> No.17643561

>>17642864
is it all ogre for the market?

>> No.17643566

>>17643538
Oh and people who are gambling on commodities being more expensive, of course

>> No.17643599

>>17643464
>listening to a boomer
next time say "OK Boomer" and just ignore whatever he said.
you should have known better

>> No.17643660

>>17642864
>>17642500

lol nothing gonna hit the fan. stop pretending you understand what's going on if you can't write it in your own words.

>> No.17643677

>>17642864
when the price of diesel falls to 0,80€ including the taxes like in 2008, i'm going to buy 2k or 3k litres and store it
i'll use it anyway, i'm in farming. still, that means saving 400€+ per 1000l if nothing else
might come in handy if shtf due to corona. unlikely, but better be on the safe side
and it's not gonna go bad, we've tried using 20yo diesel a couple of years ago with no consequences

>> No.17643683

This kills the boomer

>> No.17643687

>>17643561
No, but it's gonna get ugly. I would hold off on buying ANYTHING until we get a better picture of this Saudi & and corona chan shit.

>> No.17643693
File: 207 KB, 966x492, Screen Shot 2020-03-08 at 1.39.11 PM.png [View same] [iqdb] [saucenao] [google]
17643693

>>17643660
>lol nothing gonna hit the fan.
okay sweetheart

>> No.17643694

>>17642225
Based
Love it. Just need property values to crater but too bad that will be after they die since they need a place to live

>> No.17643710

>>17642225
Buy BTC safeheaven.

>> No.17643748

>>17643693
>>17643677
>>17643660
>>17642864
https://twitter.com/ScottWapnerCNBC/status/1236752114619232256?s=20

>> No.17643786

>>17642551
You buy options to dump them on retards, not to exercise them, and you abuse the fact that bankers are doing the same thing using people’s hard earned savings

You aren’t gonna get smacked by IV for a while

>> No.17643879

>>17643748
it's 45 now, so 30 is quite possible
strange, how things can change in a month or two, due to some silly virus. i guess we're not as invinceible as we think

>> No.17643906
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17643906

>>17643879
dude...it's gonna open down $10 @ $30 tomorrow.
https://www.zerohedge.com/markets/panic-usdjpy-crashes-commodity-pairs-plunge-oil-said-open-down-10

Get fucking ready

>> No.17643929

>>17643464
now you do what they told ya...

>> No.17643972
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17643972

>>17643599
sorry, had to do it. i'm in love you see

>> No.17644024

Can't wait for doomers to panic sell tomorrow. It's gonna be a clearance sale for oil stocks.

>> No.17644784
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17644784

>>17643906
>>17643693
It's starting

https://www.cnbc.com/2020/03/08/dow-futures-drop-700-points-as-all-out-oil-price-war-adds-to-coronavirus-stress.html

>> No.17645314
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17645314

>>17644784
Listen up, start getting prepared. This is just the beginning, if you can get into cash right now DOIT. You need to be ready for this. Depressions are fucking hell and we are in a perfect storm situations with the pensions. This is hell on earth.

>> No.17646056

>>17642281
Saudi want to cut but Russia refused any deal as Russia wants American shale to go bankrupt. Saudi will now kill everyone but themselves to finally scorch earth everyone into a deal.
>>17643538
Bankrupt American companies isnt good for the economy regardless of industry. The banks are owed some 21 billion by fracking companies.

>> No.17646132

>>17642225
test

>> No.17646182
File: 12 KB, 258x245, 354deaa3770912621bb816da070346ab.jpg [View same] [iqdb] [saucenao] [google]
17646182

>>17643464
>2020
>Investing in liquid boomer
You played yourself

>> No.17646225
File: 2.21 MB, 498x262, 3068569-conan.gif [View same] [iqdb] [saucenao] [google]
17646225

>>17642275
>Fuck your economy

>> No.17646541

>>17646056
>The banks are owed some 21 billion by fracking companies.
Yeah they aren't going to see that 21 billion. Who knew speculating on the future could entail risk?

>> No.17646855

>>17643362
>knowing for sure exactly no boomers have exactly a 200k net worth
It’s a kind of magic.jpg

>> No.17646902

>>17642408
>Boomers hold mainly bonds and low risk shit

AAAAAAAAAAAAAHHHHAHAHHAHAHAHAHHAHAHAHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHAHHAHHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHAHHAHAHAHAHAHHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHHAHAHAHAHAHAHAHAHHAAHHAHHHAHHAHAHAHHAHAHAHAHAHHAHAHAHHAHAHAHHAHHA

>> No.17646910

>>17642281
Wall street will be pink wojak tomorrow