By the end of the year, everything has to catch up to uncle Joe, still riding Trumps coat tails right now.
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Do you guys think another market crash is coming?
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Originally posted by rtp View PostSo Bitcoin is where we should park our cash for now?
This could be the beginning of an expected tsunami of evictions as the nationwide moratorium is lifted on June 30. Up the 40 million Americans are at risk of losing their homes, according to the Aspen Institute.
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Originally posted by boh347 View PostI read something about crypto currency as well. When the nationwide eviction moratorium is lifted a lot of folks will be cashing in Bitcoin and alike causing a crash.
https://www.google.com/amp/s/finance...110614106.html
This is why it should have never been done in the first place. The consequences are going to be worse than the initial problem. But then again we know when govt gets involved they only make things worse
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Do you guys think another market crash is coming?
Originally posted by boh347 View PostI read something about crypto currency as well. When the nationwide eviction moratorium is lifted a lot of folks will be cashing in Bitcoin and alike causing a crash.
https://www.google.com/amp/s/finance...110614106.html
And this defines the problem :
My goal was just to make it to the end of the school year and then in the summer, we can make plans and try to reassess the national situation, getting vaccinated and then make adjustments to our lives from there. But the moratorium was supposed to protect everybody until the end of June," he said.
He had a goal of living off the govt until summer
People have been hiring for months now
Why are you waiting to get vaccinated of that is your plan?
I feel sorry for all the hard working land lords, they are about to get screwed. The money should have gone to the landlords with the mandate that the tenant could live free until the moratorium was over
Instead now you have two groups of people ,the landlord and the tenant who are broke. I can’t imagine how much alcohol and drugs were purchased with the govt handouts.
If you aren’t man enough to hustle enough to make money for food and electricity then you probably shouldn’t have kids.
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Originally posted by boh347 View PostI read something about crypto currency as well. When the nationwide eviction moratorium is lifted a lot of folks will be cashing in Bitcoin and alike causing a crash.
https://www.google.com/amp/s/finance...110614106.html
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Every single trade that happens involves someone that thinks it a good time to sell that sells to someone who thinks it’s a good time to buy.
I don’t worry about the “noise”. I stay invested at an appropriate asset allocation and I rebalance when necessary. Market timing is a loser’s game to everyone except the guy who’s broker is telling him otherwise.
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Originally posted by Throwin Darts View PostEvery single trade that happens involves someone that thinks it a good time to sell that sells to someone who thinks it’s a good time to buy.
I don’t worry about the “noise”. I stay invested at an appropriate asset allocation and I rebalance when necessary. Market timing is a loser’s game to everyone except the guy who’s broker is telling him otherwise.
We think alike. I find this thread wholly opposite of what I’m doing. I just invest. Down market, up market, world supposedly ending and the end of the US economy per TBH, I just invest. Market timing is a losers game and it’s shown, quite recently, from the run up following the recession. Past decade made a lot of millionaires but there’s always those people who think a crash is around the corner, stay on the sidelines, and miss out.
There very well could be a crash. But I’ll buy all the way up, all the way down and all the way up again. No sense in not doing it this way, IMO.
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[quote=sandhillhunter;15649458]Originally posted by rtp View PostIve got the tangible part covered and continue adding to that pile./QUOTE]
Care to define tangible?
Cash? Precious metals?
I’m curious because holding cash right now is risky as well due to inflation risks.
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Edit:was trying to quote sandhill
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SabineHunter
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