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

/biz/ - Business & Finance


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18659483 No.18659483 [Reply] [Original]

Yeah, I liked that thread, so I opened it again.

>> No.18659569

It has hardly even crashed

>> No.18659591
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18659591

thanks fren i posted that thread.

I reckon that's the reason Warren Buffett is still sitting in cash.

>> No.18659597

The economy has crashed but stocks haven't, it's like the part in the big short where everybody knows it is wrong yet the market is still going up

>> No.18659727

>>18659597
you got a clip of that?

>> No.18659745

Who here /cash/?

I'm not pretending to have a crystal ball, but when more and more bad news just keeps rising the market, I have a hard time believing that it is all priced in. My only question is who the fuck is buying right now? Retail buyers?

>> No.18659749

>>18659597
i need to illegally download that movie

>> No.18659754

>>18659483
if you really wanna compare the two, consider that in each case the flash crash cut the market by appx 50%, then rebounded up. we already hit like 17 000 in the djia. you lost. you missed the dip.
please insert more quarters to play again.

>> No.18659773

>>18659745
I’m about 70% USD and 30% BTC. I really just don’t know if they’ll let the bubble pop so I can’t hold all cash since that would be too risky.

>> No.18659789

>>18659745

Fed purchases really did do a lot to tip the scale for the time being

>> No.18659791

>>18659483


100% tethered up over here..

The rest of my funds are in silver.

OP is a big brain, everyone buying right now is buying the trap just like in late 2018

>> No.18659801

>>18659745
I sold in September and I'm not buying in any time soon. deflation might be coming. either way I'm not buying stocks until something changes

>> No.18659817

>>18659483
My 401k is in stable funds for now. I don't mind missing out on these gains. I'm not buying back into a Ponzi just because it's historically been a smarty thing to do.

>> No.18659822

>>18659791
>buying the trap
how much for a man like this?

>> No.18659839
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18659839

>>18659745
the fed is buying.

I had or have 15k in cash and am unironically getting a apartment with a mortgage. i rather lose money in the short term and lock in a fixed rate than keeping the cash and losing it all for the inflation that will come, and i won't be able to get a rate this low ever again in my life time.

>> No.18659898

>>18659839
Yeah I just refinanced my house at 3% 30yr fixed. Wasn't even a big difference between 15 and 30 year, and the 30 year gives me a better safety net.

>> No.18659917

>>18659801
/pol/ scared me into selling in Feb. Some 15 year old racists saved me a lot of money, because I wasn't paying attention to the virus. Also was easily able to get masks, gloves and hand sanitizer thanks to those little nazis.

>> No.18659935

>>18659745

I am 46% /cash/

>> No.18659990

>>18659801
More like hyperinflation brrrrrrr

>> No.18660026

>>18659990
Look up the dollar milkshake theory

>> No.18660029

>>18659898
>better safety net.
exactly, i dont plan on carrying it to 30 years, but IF I have to I can

>> No.18660117

>>18660029
It didn't make a whole lot of sense for me to get a 15 at the current slight rate differences. When I originally got my mortgage I got a 15 because it was significantly cheaper. I was floored when I saw the current difference between 15 and 30, not to mention now I have a fixed rate. My old one was adjustable at 2024.

I still don't know if home ownership was a good call or not though. Insurance is super expensive here in Florida, property tax, etc. It's nice to have a home and I'm 70% paid off (I only took a loan on 40% of the house cost), but only time will tell if the math will work out for me.

>> No.18660199

>>18659754
What are you talking about? Even Warren Buffet called the current pump a bull trap.

>> No.18660225

>>18659917
that's great to hear. yeah I was there telling people to sell as well but I'm old and not racist. I miss old /pol/

>>18659990
my understanding is that since this will be a global recession everyone is going to want dollars, so the relative value of the dollar will go up despite fed printing and despite our country being fucked

>> No.18660254

>>18660117
>florida
oh fuck. well you know what they say, its all location based. look at it this way... you have a home, you dont need to worry about it for a while while this bullshit economic storm is coming ride it out on home ownership it will be better than renting.

now if you start thinking long term, you want to bail out of the entire state, consider that. and when youre ready, sell the house. you can buy acres of land out in BFE USA for what your house probably cost you. You need an exit strategy before the state is under water, like literally.

>> No.18660290

>>18660199
that's bullish af

>> No.18660317

>>18659483

Maybe it took 5.5 years for them to print all that cash? This time I think it'll take 5.5 months for the Kingdom of Saud to realize that hanging on to all our worthless dollars isn't in their best interest so they try to dump them on China or Europe, and the dominoes start tumbling.

>> No.18660341
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18660341

>>18660290

>> No.18660384

>>18660225
>that's great to hear. yeah I was there telling people to sell as well but I'm old and not racist. I miss old /pol/
Initially I didn't just take the advice, but it got me to start doing some research on what was going on. I had written corona as just another SARS nothingburger. It got me to look and see china getting fucked. End of Feb I pulled out and decided to sit on the sidelines. I'm one of those Bogleheads too so pretty resistant to pulling out, but I just had an awful gut feeling on this. Not a bad time to be liquid anyways.

>>18660254
My business is here, that's what keeps me. But yeah eventually I'd like to retire in the boonies someplace. I think I'll be here another 20 years or so, so I'm not all that worried about a real estate crash.

>> No.18660394

>>18660225
>old and not racist
So stupid then?

>> No.18660741

>>18660394
cringe

>> No.18660871

>>18660394
Degenerate

>> No.18660912

>>18659749
that is a highly immoral action and I have reported your comment to the FIB

>> No.18660915

As someone who dollar cost averaged in during this dip and continues to do so, it's funny to watch you all cope and grasp for rationalizations as to why the market isn't down more. Get used to it since you'll be doing it for the next decade as we emerge from this and go increasingly higher. Bottom was 2100 SPX.

>> No.18660935
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18660935

>>18659745
I'm sitting in cash and gold in my 401k. I don't feel comfortable holding anything.

>> No.18660977
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18660977

100 tvix troop reporting in!
Att ceo stepping down. Bullish

>> No.18661008

It's all ETF algorithms manipulating the stocks ever higher. There's no logic anymore.

>> No.18661046

>>18660394
This. Only people that don’t understand basic statistics are not racist.

>> No.18661058
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18661058

>>18659745
I actually have 2 low-ball gtc orders on an airline etf and silver etf. -50% from current price

>> No.18661083

>>18660915
Good luck.

>> No.18661134

>>18660935
just redraw the lines bro

>> No.18661189

So one more time you stupid mother fuckers... The past performance... Has no bearing... Whatsoever... On future performance.

Stop trying to predict the future obsessing over the past. PARTICULARLY you especially stupid fuckers that keep trying to past old money line over portions of current money line.

>> No.18661210

>>18661189
So what’s your take? Lines will go up because that’s what they’ve always done?

>> No.18661244

>>18659745
22k ready to go

>> No.18661380

>>18661210
I think his take is don't try and learn from history

>> No.18661522

>>18660915
Same shit happens every crash bro, always poor doomer fags who miss the bottom due to greed or faggotry the same way some mumus can't sell the top.

>> No.18662839
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18662839

>>18660394

>> No.18662911

>>18659483
it never ended, food prices are much much higher since. throw the whole system out its junk

>> No.18663019

>>18659749
It's good, I'd recommend it.

>> No.18663072
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18663072

This is all you need.

>> No.18663503

>>18661189
cool, let's talk just about this crash and not the 2008 one
30 million Americans are going to be unemployed at the end of the month. Money printing can't fix that

>> No.18663536

>>18659745

Already priced in cause fed buying like mad men.

>> No.18663587

>>18661189
>t. Jerome Powell

>> No.18663591

>>18663072
i legit believe in this
look at RSI on Monthly for SP500, once it goes below 30, which it will exactly in 2023, then you buy for maximum gains

>> No.18663651

>>18660915
>what is a bull trap

>> No.18663688

>>18663072
/thread

>> No.18664323

>>18659745
The FED pumped a little over 2 Trillion into the Market.
The Market Cap of the Wilshire 5000 Index went up about 2 Trillion.
The Bump in the Stock Market is literally just the FED pumping it.
As soon as they stop, it will start going down again.

>> No.18664850

>>18659745
The fed

>> No.18665124

>>18663072
holy fuck. so based

>> No.18665130

>>18661058

Just sell a put at the price you want to buy at anon. That way you're getting paid to set a buy order

>> No.18665187

>>18659483
Maybe in nominal terms. In real terms we never recovered

>> No.18665548

>>18659839
thats a good thing to do. financing rea estate for an OK price is a good option at the moment

>> No.18665609

>>18663072
ok, so you would go all in in 2006 according to that? not a good idea

>> No.18665709

>>18660912
*Da FB

>> No.18665732

>>18659483
Retard, now the Fed is fully committed to keep the market up with unlimited injection of liquidity. Buy the Fed, sell the press.

>> No.18665983

>>18659483
Give it a few months

>> No.18666063
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18666063

>>18664323
Why do they have to stop?

>>18661058
I don't get the image. can you explain?

>> No.18666736

>>18659483
5 years to fully recover if you bought the PEAK TOP literally threw in your house and kitchen sink at the top. Sure it took 5 years. Just buy now buy tomorrow and buy in 1 year. Stocks only go up.

>> No.18666791

>>18663503
It actually can. If the FED can provide liquidity by printing money when credit creation dries up then it equals out.

>> No.18666857

>>18659839
This smart.

>> No.18667124

>>18659483
That is a man.

>> No.18667333

>>18664323

will they stop?
QE infinity brother....

>> No.18667424

>>18660871
>>18660741
Samefag cringe

>> No.18667442

>>18660394
>>18661046

/pol/ is basically White people good and everyone is else trash. They don't give a fuck about statistics.

>> No.18667529

>>18659727
https://www.youtube.com/watch?v=mwdo17GT6sg

>> No.18667564

>>18667442
Most of 4chan doesn't like non-whites (other than yellows), /pol/ also hates jews, but /biz/ is basically the jew board... so naturally a bit at odds.

>> No.18667600

>>18659483
2008 wasn't a singular event. It was drawn out.
This is singular, but you'll try to draw simularities like a spastic anyway, to cope with not getting a Trumpbux check, so you want people to be PUNISHED BECAUSE I CANT GET FREE TENDIES REEEEEEEE.

>> No.18667606

>>18659727
https://www.youtube.com/watch?v=onVxSd8luAY

>> No.18667819
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18667819

>>18660225
nah brah this leads to the next world war which will be over who gets to be the global reserve currency

>> No.18667876

PEEPEE
POOPOO
LOOK ME
BUY
PEEPEE
POOPOO
DURRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR

>> No.18667896

>>18659483
08 and now are apples and oranges. Dismiss this comment at your peril.

>> No.18668621

>>18667529
>>18667606
thnx fren

>> No.18668671

>>18666063
2008 fed balance sheet expanded like mad but the bottom of the market was still 50% down from the peak of the dead cat bounce.

>> No.18670034
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18670034

>>18660225
old /pol/ is still alive, just waiting to rebuild at
2pm ET 4.25

>> No.18670143

>>18665609
>2005 is the same number as 2006
Go back to wallstreetbets

>> No.18670531

>>18663072
What year is between 2007 and 2026?

>> No.18670759

>>18659745
50% eur 50% doge