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Investing General Discussion
- Thread starter Furious
- Start date
Furry
WoW Office
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There's a lot of investment and hedge funds that are getting fucking hazed right now. The support is getting fucking crushed by old people liquidating. Like I warned about, old people have too much money and this scares them.
Reminds me of Law's scheme. This might actually turn into a fucking run.
Reminds me of Law's scheme. This might actually turn into a fucking run.
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Yeah, I would love to see the sell on close orders that went today. The last 90 seconds was ass ravaging.
Furry
WoW Office
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From just the sheer amount of liquidation that's happening, there's going to be some companies that take a massive hit and or fund collapses coming up. It simply can't be avoided with it being this crazy. This is more akin to the great depression than the 2008 crash.
Gravel
Mr. Poopybutthole
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Because you literally have no idea when the bottom will be. It might be today.
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TJT
Mr. Poopybutthole
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This. I did my major buy into stocks at age 20 in 2008. It paid me well.
I will do so again. Very soon.
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I can see we’re still in the denial phase of the market cycle. You think the longest bull market in history is going to be corrected in a month? It doesn’t work that way. Capitulation is at least a year away, probably two. This is what a top looks like.
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Furry
WoW Office
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LachiusTZ
Rogue Deathwalker Box
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Thought about selling my play account last week.
I go on the assumption I don't know enough or follow the market close enough to trade on the ups and downs...
But man I'm taking an ass kicking.
And Tesla might be proper fucked. It put a lot of time and money into a production facility and country that set off the IRL plague Inc.
I go on the assumption I don't know enough or follow the market close enough to trade on the ups and downs...
But man I'm taking an ass kicking.
And Tesla might be proper fucked. It put a lot of time and money into a production facility and country that set off the IRL plague Inc.
sleevedraw
Revolver Ocelot
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$230.76 into my IRA this week, just like every other biweekly period. Keep on keeping on.
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Gravel
Mr. Poopybutthole
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Dollar cost average on the way down and the way back up. In a couple years you won't even remember this blip.
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Furry
WoW Office
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Someone can only really make that choice for themselves. Pulling the money out is probably the better play, but there's a lot more risk to the choice than there was a week ago. If you're a longterm investor (10+ years), either choice will probably work out so long as you are saving the absolute most that you can each week.
The big thing about markets is their value is perception, and panic is devastating to perception. The amount of money that can be taken out of the market is nowhere near the value of the market, and strange things start happening when panic causes people to try and extract severe amounts of money. But panic is path that is very hard to predict. So make the choice you are comfortable with.
The big thing about markets is their value is perception, and panic is devastating to perception. The amount of money that can be taken out of the market is nowhere near the value of the market, and strange things start happening when panic causes people to try and extract severe amounts of money. But panic is path that is very hard to predict. So make the choice you are comfortable with.