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

/biz/ - Business & Finance

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17924531 No.17924531 [Reply] [Original]

>BROOOOO 401K IS LIKE SAFE BROOOO JUST PUT YOUR MONEY IN LIKE STOCKS BROOOOO
>IT'S GOING TO THE MOOON BROOOO LIKE LOOK AT THIS CHART FROM 1990 BROOOOO
>LIKE YOU'LL BE A MILLIONAIRE BROOO BY THE TIME YOU RETIRE BROOOO
the retards actually fell for this.

>> No.17924564

>>17924531
>he missed out in 1987
>he's going to miss out in 2020

>> No.17924600

>>17924531
this is the once in a generation drop you'll regret not taking advantage of

>> No.17924613
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17924613

shit crashed like three days later kek

>> No.17924618
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17924618

>>17924564
>the stock market is not undergoing fundamental change at this very moment

>> No.17924672

>>17924618
please tell me one difference between 87 and 20

>> No.17924699
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17924699

>>17924672
are you kidding me?

>> No.17924767

>>17924672
This is way too retarded even for a zoomer

>> No.17924770

>>17924699
Can't even answer the question. Every crash, no matter how deep, recovers. Shut up zoomer. You're not even old enough to discuss this shit

>> No.17924996

>>17924699
>lol omg are you serious? Like I can’t even.

>> No.17925013

>>17924699

Ugh I literally can’t even

>> No.17925020

>>17924672
Holy shit i think we discovered a new symptom of the coronavirus

>> No.17925024
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17925024

>>17924531
>what are options

>> No.17925064
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17925064

>>17924672
>please tell me one difference between 87 and 20

>> No.17925139

>>17925064
>>17925020
There's an epidemic of retard question dodging too

>> No.17925142

>>17924564
>coronachan just started the party in the USA
>USA is already getting white girl wasted and it's not even 9 pm

>> No.17925203

>>17925139

USA is full of NIGGERS now since the Hart Cellar act in 1967 dummy

I keep all my money in crypto where NIGGERS cant recognize the entire old world (mulatto bugslaves for zionist interests ) is FUCKED

>> No.17925279
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17925279

>>17924531
I've never said anyone saying this.

Everyone knew most papers were overpriced. Now, however, everything is cheap, but it'll fall more too
>>17924770
The vast majority of /biz/ dwellers only this board as a excuse to post pink wojaks. Most of them don't really know how the market or interest rates works

>> No.17925311

>>17925279
fucked up the grammar there, forgot words. Sorry

>> No.17925323

>>17925139
ok im dumb and only going by what ive read on /biz/

wasn't 87 a result of primitive trading bots sperging out and accidentally the whole market? while 2020 is about a virus that apparently will kill us all and has shut down entire industries en masse?

>> No.17925348

>>17924672
HAHAHAHAHAHAAHAHA

Buy my man, buy IT IS THE OPPORTUNITY OF A LIFETIME

>> No.17925438

I am kicking myself because I went heavy into april TSLA puts when it was rising past 600. It went to 900and I got weak hands and sold for a 50% profit due to IV. Felt good at the time due to making profit even though it went up but if I held I would held I would be up over $200k.

>> No.17925455
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17925455

>>17924699
>I
>CANT
>EVEN

>> No.17925467

>>17925323
>while 2020 is about a virus that apparently will kill us all
No
> and has shut down entire industries en masse?
Yes, but it'll recover in the long term.

>> No.17925541

>great depression took 25 years to recover
>haha guys the market will bounce back in six months haha

>> No.17925567

>>17925541
Great depression wasn't caused by a virus that'll vanish in a month.

>> No.17925640
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17925640

>>17925567

Spotted the coofer.

>> No.17925653

>>17925139
how about the 87 crash was the result of hostility in the middle east (causing oil fears) and early trading bots gone wrong.
today's crash is caused by oil, a pandemic, and over-inflated prices to begin with. Probably a bit of room between the two

>> No.17925718

>>17925203
How's crypto doing retard? Seems putting your eggs in one basket is bad no matter what neato name they give it

>> No.17925748

>>17925541
The Great Depression wasn't caused by a vírus.
>>17925653
Today's crash was caused almost entirely by the vírus. It's a panic.
The last financial results didn't justified the crash.

>> No.17925772

>>17925323
I'd place more blame on mid east tensions and oil for 87.

And more of the same now, OPEC price war trying to crush US shale. Coupled with Corona. Nothing about it is extraordinary. Honestly it only seems so big because more and more regular people are investing, and the Dow was so fucking high.
>>17925541
Brodie I'm 26, you think I give a fuck if it takes 25 years to recover? This is the chance to buy in... In a way that was never open to us before. Don't let (((them))) scare you aware from their gaping wound. Bite down, fill your mouth with blood.

>> No.17925856

>>17924672
>LINE GO DOWN BOTH TIMES, HOW LINE DIFFERENT THIS TIME
>not realizing LINE GO DOWN is the only similarity
87 was caused by a fixable computer trading glitches, this is being triggered by months of quarantining, businesses closing, and being caused by the stock market driving everything to be overvalued for the past several years.

>> No.17925883

>>17924531
It's a good time to buy the dip. Got 1M SUTER and gonna put it into the BIZ node. That's how much I believe in the power of weaponized autism.

>> No.17925968

>>17925748

A debt bubble crashes the moment people start defaulting. The virus was just the needle that popped the bubble. The real economy was weak as fuck, propped up by irresponsible fiscal and monetary policy, lead by a government with absolutely zero economic vision, or even economic knowledge, and no clue what is going on. The government is literally run by retards right now, so its going to just get worse, probably worse than 2008. And last 2-4 years.

>> No.17925972

>>17925748
oh it is entirely due to corona. but the news on oil, while completely fine in a vacuum, was enough to make boomer MDs at BBs and Mid market banks turn full doomer in a sell-off. Otherwise they'd be screaming "oh buy the dips just come back to work i feel fine"