Reply
Go Back   TexasBowhunter.com Community Discussion Forums > Topics > Around the Campfire
 
Thread Tools Display Modes
Old 06-05-2021, 10:38 AM   #1
boh347
Pope & Young
 
boh347's Avatar
 
Join Date: Sep 2010
Location: Knickerbocker, Texas
Hunt In: coke county, tx Nolan county, tx
Default Do you guys think another market crash is coming?

Randomly came across this article and after I read it I jumped down a rabbit hole of other crash articles. All this is pretty confusing to me and thought I needed to ask the TBH brain trust about it. So what do you guys think is coming in the months ahead? I know itís pretty wild with inflation, used cars, lumber, fuel, groceries.
Quote:
Ready or not, a stock market crash is coming.

Although we'll never know precisely when a crash will occur, how long it'll last, how steep the decline will be, or (in many instances) what the catalyst for the decline will be, history shows that crashes and corrections are a normal occurrence. History is also pretty clear about the general time frame when these declines occur -- and it isn't good news if you're looking for this young bull market to stretch its legs.

A hand circling and drawing an arrow to the bottom of a steep downtrend in a stock chart. IMAGE SOURCE: GETTY IMAGES.
One of the biggest red flags can be seen on the valuation front. The S&P 500's (SNPINDEX:^GSPC) Shiller price-to-earnings (P/E) ratio -- a measure of inflation-adjusted earnings over the previous 10 years -- closed this past week at 37.28. For reference, that's more than double the average S&P 500 Shiller P/E dating back to 1870.

The concern is that in the previous four instances where the S&P 500's Shiller P/E ratio topped and sustained 30, the index went on to lose at least 20% not long thereafter. Precedent suggests that premium valuations like we're seeing now aren't well-tolerated for long periods of time.

History also sheds light on how the markets typically respond following a bear market bottom. At no point over the past 60 years has there been a bear market that didn't correct between 10% and 19.9% at least once within three years of hitting a bottom. We're now more than 14 months removed from the March 2020 bottom and have yet to see a double-digit percentage retracement in the benchmark S&P 500.


Additionally, stock market crashes and steep corrections are commonplace on Wall Street; they're the price of admission to one of the world's greatest wealth creators. Since 1950, we've witnessed 38 double-digit declines, or one every 1.87 years, on average. Wall Street is never going to precisely follow averages, but it does offer a reference point that declines are normal.
https://www.google.com/amp/s/www.foo...-invest-10000/
https://www.google.com/amp/s/www.sea...crash/%3famp=1
boh347 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 10:41 AM   #2
jmeghunts
Ten Point
 
Join Date: Aug 2008
Default

Following
jmeghunts is offline   Reply With Quote Back To The Top
Old 06-05-2021, 10:49 AM   #3
c3products20
Ten Point
 
c3products20's Avatar
 
Join Date: Sep 2020
Default

It's inevitable!!
c3products20 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 11:00 AM   #4
whitetailtrail
Ten Point
 
whitetailtrail's Avatar
 
Join Date: Aug 2010
Location: North Texas
Hunt In: North Texas
Default

Nobody knows nothing and if they tell you they do, theyíre lying.


Sent from my iPhone using Tapatalk
whitetailtrail is online now   Reply With Quote Back To The Top
Old 06-05-2021, 11:01 AM   #5
glen
Pope & Young
 
glen's Avatar
 
Join Date: Oct 2006
Location: Temporary transient
Hunt In: anywhere
Default

Yes it will have some heavy declines but follow history it will also rebound. Cant time the market
glen is online now   Reply With Quote Back To The Top
Old 06-05-2021, 11:36 AM   #6
Gerald G
Ten Point
 
Gerald G's Avatar
 
Join Date: Aug 2010
Location: Winona, Mississippi
Hunt In: Mississippi, Colorado
Default

As Jerp once said on here, “nothing can eat for a few years without taking a dump”!

So, yeah at some point, I think it’s coming.
Gerald G is offline   Reply With Quote Back To The Top
Old 06-05-2021, 12:37 PM   #7
Acameron52
Pope & Young
 
Acameron52's Avatar
 
Join Date: Jun 2014
Location: Lewisville
Hunt In: Coleman & Loving
Default

It’s coming!! When, I don’t know. I’m just gonna stack as much back as I can right now and wait.
Acameron52 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 12:42 PM   #8
ttaxidermy
Pope & Young
 
ttaxidermy's Avatar
 
Join Date: Nov 2009
Location: Brazoria county
Hunt In: Brady,McCulloch Cnty, Brazoria cnty, South Africa, Namibia Nebraska
Default

Why it is where it is now is the real question.. Make 0 sense.
Will it crash?? Fast and hard without a doubt.
ttaxidermy is offline   Reply With Quote Back To The Top
Old 06-05-2021, 12:47 PM   #9
OldRiverRat
Pope & Young
 
OldRiverRat's Avatar
 
Join Date: Mar 2009
Location: Deer Park, TX
Hunt In: Navarro County
Default

Russia exiting all $ denominated assets from their wealth fund and buying into oil and coal assets. Occurring while US has 30% increase in Russian oil imports.

Expect several additional things to happen:
1. Oil prices will continue to increase and US will have no bargaining power because Biden and idiots trying to destroy US energy industry.
2. China to dump US treasury holdings once FED begins increasing interest rates and reducing FED balance sheet.

Objective is to destroy US economy and eliminate $ as premier world currency. If it works we will see big inflationary increase in western world.

Itís coming
70ís all over again but worse


Sent from my iPhone using Tapatalk Pro
OldRiverRat is online now   Reply With Quote Back To The Top
Old 06-05-2021, 01:08 PM   #10
Texas Grown
Pope & Young
 
Texas Grown's Avatar
 
Join Date: Oct 2006
Location: Burleson, Texas
Hunt In: Kick CoViD's tail!
Default

Not a "crash". Just an "adjustment".
Texas Grown is offline   Reply With Quote Back To The Top
Old 06-05-2021, 01:17 PM   #11
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

Quote:
Originally Posted by OldRiverRat View Post
Russia exiting all $ denominated assets from their wealth fund and buying into oil and coal assets. Occurring while US has 30% increase in Russian oil imports.

Expect several additional things to happen:
1. Oil prices will continue to increase and US will have no bargaining power because Biden and idiots trying to destroy US energy industry.
2. China to dump US treasury holdings once FED begins increasing interest rates and reducing FED balance sheet.

Objective is to destroy US economy and eliminate $ as premier world currency. If it works we will see big inflationary increase in western world.

Itís coming
70ís all over again but worse


Sent from my iPhone using Tapatalk Pro
So Bitcoin is where we should park our cash for now?
rtp is offline   Reply With Quote Back To The Top
Old 06-05-2021, 01:26 PM   #12
M16
Pope & Young
 
M16's Avatar
 
Join Date: Dec 2009
Hunt In: Colorado, LaSalle, ,Menard Counties
Default

Quote:
Originally Posted by rtp View Post
So Bitcoin is where we should park our cash for now?
Possibly or tangible assets.
M16 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 01:31 PM   #13
OldRiverRat
Pope & Young
 
OldRiverRat's Avatar
 
Join Date: Mar 2009
Location: Deer Park, TX
Hunt In: Navarro County
Default

Quote:
Originally Posted by rtp View Post
So Bitcoin is where we should park our cash for now?


If I knew the answer to that Iíd probably be somewhere really nice right now!



Sent from my iPhone using Tapatalk Pro
OldRiverRat is online now   Reply With Quote Back To The Top
Old 06-05-2021, 01:35 PM   #14
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

Quote:
Originally Posted by M16 View Post
Possibly or tangible assets.
Ive got the tangible part covered and continue adding to that pile. Ive only traded bitcoin and other cryptos with play money. Im trying to decide if I should dump a chunk into Bitcoin and Ethereum. Im still not sure if that is a cushion to the US economy taking a dump.

Quote:
Originally Posted by OldRiverRat View Post
If I knew the answer to that Iíd probably be somewhere really nice right now!
Sent from my iPhone using Tapatalk Pro
Haha, Im right there with you brother!
rtp is offline   Reply With Quote Back To The Top
Old 06-05-2021, 01:52 PM   #15
Briar Friar
Pope & Young
 
Briar Friar's Avatar
 
Join Date: May 2015
Default

Quote:
Originally Posted by ttaxidermy View Post
Why it is where it is now is the real question.. Make 0 sense.
Will it crash?? Fast and hard without a doubt.
1) China controls its currency valuation. (Trump reduced their financial leverage and they released a virus.)

2) US Govt Quantitative Easing...been happening since around ‘08. There was four quarters to it...but since there is no actual national budget... phase/quarter 4 (QE4) is perpetual now...with all the quarters rotating and being tweaked as needed with the expanding federal deficit spending....IMO.

I think a banking or other financial system hack is imminent. The other hacks are prefaces to a larger attack. It doesnt have to happen in the US either.

I like that Jerp quote...thanks for regurgitating that gem MrG.

Last edited by Briar Friar; 06-05-2021 at 01:55 PM.
Briar Friar is online now   Reply With Quote Back To The Top
Old 06-05-2021, 01:53 PM   #16
Bassdeer
Ten Point
 
Bassdeer's Avatar
 
Join Date: Oct 2013
Location: The Colony
Default

By the end of the year, everything has to catch up to uncle Joe, still riding Trumps coat tails right now.
Bassdeer is offline   Reply With Quote Back To The Top
Old 06-05-2021, 02:09 PM   #17
boh347
Pope & Young
 
boh347's Avatar
 
Join Date: Sep 2010
Location: Knickerbocker, Texas
Hunt In: coke county, tx Nolan county, tx
Default

Quote:
Originally Posted by rtp View Post
So Bitcoin is where we should park our cash for now?
I 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.
Quote:
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.
https://www.google.com/amp/s/finance...110614106.html
boh347 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 02:13 PM   #18
OldRiverRat
Pope & Young
 
OldRiverRat's Avatar
 
Join Date: Mar 2009
Location: Deer Park, TX
Hunt In: Navarro County
Default

Quote:
Originally Posted by boh347 View Post
I 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


Sent from my iPhone using Tapatalk Pro
OldRiverRat is online now   Reply With Quote Back To The Top
Old 06-05-2021, 02:18 PM   #19
OldRiverRat
Pope & Young
 
OldRiverRat's Avatar
 
Join Date: Mar 2009
Location: Deer Park, TX
Hunt In: Navarro County
Default Do you guys think another market crash is coming?

Quote:
Originally Posted by boh347 View Post
I 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 canít imagine how much alcohol and drugs were purchased with the govt handouts.
If you arenít man enough to hustle enough to make money for food and electricity then you probably shouldnít have kids.



Sent from my iPhone using Tapatalk Pro
OldRiverRat is online now   Reply With Quote Back To The Top
Old 06-05-2021, 02:49 PM   #20
boomerball
Ten Point
 
Join Date: Dec 2008
Default

Quote:
Originally Posted by boh347 View Post
I 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 just made me think about whether eviction moratorium is having anything to do with the hot real estate / housing market . is it basically pulling off some of the supply? now when that suddenly drops does it ripple into kicking off correction of what has been a ridiculous market?
boomerball is online now   Reply With Quote Back To The Top
Old 06-05-2021, 02:49 PM   #21
brokeno
Ten Point
 
brokeno's Avatar
 
Join Date: Dec 2016
Location: Smiley, Texas
Hunt In: Gonzales & Young Co and anywhere
Default

Of course by the end of the year.
brokeno is offline   Reply With Quote Back To The Top
Old 06-05-2021, 03:14 PM   #22
sandhillhunter
Six Point
 
Join Date: Nov 2014
Location: DFW
Hunt In: Taylor County, TX and New Mexico
Default

[QUOTE=rtp;15649343]Ive got the tangible part covered and continue adding to that pile./QUOTE]

Care to define tangible?

Cash? Precious metals?

Iím curious because holding cash right now is risky as well due to inflation risks.


Sent from my iPhone using Tapatalk
sandhillhunter is offline   Reply With Quote Back To The Top
Old 06-05-2021, 03:41 PM   #23
Throwin Darts
Pope & Young
 
Throwin Darts's Avatar
 
Join Date: Feb 2007
Location: Aledo
Default

Every single trade that happens involves someone that thinks it a good time to sell that sells to someone who thinks itís a good time to buy.

I donít worry about the ďnoiseĒ. I stay invested at an appropriate asset allocation and I rebalance when necessary. Market timing is a loserís game to everyone except the guy whoís broker is telling him otherwise.
Throwin Darts is offline   Reply With Quote Back To The Top
Old 06-05-2021, 03:46 PM   #24
whitetailtrail
Ten Point
 
whitetailtrail's Avatar
 
Join Date: Aug 2010
Location: North Texas
Hunt In: North Texas
Default

Quote:
Originally Posted by Throwin Darts View Post
Every single trade that happens involves someone that thinks it a good time to sell that sells to someone who thinks itís a good time to buy.

I donít worry about the ďnoiseĒ. I stay invested at an appropriate asset allocation and I rebalance when necessary. Market timing is a loserís game to everyone except the guy whoís broker is telling him otherwise.

We think alike. I find this thread wholly opposite of what Iím 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 itís shown, quite recently, from the run up following the recession. Past decade made a lot of millionaires but thereís 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 Iíll buy all the way up, all the way down and all the way up again. No sense in not doing it this way, IMO.


Sent from my iPhone using Tapatalk
whitetailtrail is online now   Reply With Quote Back To The Top
Old 06-05-2021, 03:55 PM   #25
stickman
Pope & Young
 
stickman's Avatar
 
Join Date: Sep 2007
Location: S.Texas
Default

I’m saving $ for the fall out. Only thing I can see keeping the market from crashing is “THE DON” being elected in 2024.
stickman is offline   Reply With Quote Back To The Top
Old 06-05-2021, 03:58 PM   #26
MadHatter
Pope & Young
 
MadHatter's Avatar
 
Join Date: Feb 2014
Default

Quote:
Originally Posted by stickman View Post
Iím saving $ for the fall out. Only thing I can see keeping the market from crashing is ďTHE DONĒ being elected in 2024.
I'm not psychic, but I predict if it does crash, it will do so way before 2024.
MadHatter is offline   Reply With Quote Back To The Top
Old 06-05-2021, 04:06 PM   #27
snappertapper
Ten Point
 
snappertapper's Avatar
 
Join Date: Oct 2006
Location: htown
Default

[quote=sandhillhunter;15649458]
Quote:
Originally Posted by rtp View Post
Ive 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.


Sent from my iPhone using Tapatalk
Property?

Edit:was trying to quote sandhill
snappertapper is online now   Reply With Quote Back To The Top
Old 06-05-2021, 04:35 PM   #28
SabineHunter
Ten Point
 
Join Date: Oct 2019
Default

Beginning of crash will be July 19, 2021.

Buckle up.
SabineHunter is offline   Reply With Quote Back To The Top
Old 06-05-2021, 04:47 PM   #29
eradicator
Pope & Young
 
eradicator's Avatar
 
Join Date: Feb 2007
Location: Arlington,TX/Pecos County
Default

Quote:
Originally Posted by Texas Grown View Post
Not a "crash". Just an "adjustment".
Think it will be worse personally
eradicator is offline   Reply With Quote Back To The Top
Old 06-05-2021, 04:53 PM   #30
Texas Grown
Pope & Young
 
Texas Grown's Avatar
 
Join Date: Oct 2006
Location: Burleson, Texas
Hunt In: Kick CoViD's tail!
Default

As far as I'm concerned, a crash happened in the 1920s-1930s. Everything else has been an adjustment since. Just my personal opinion.

The fish are biting, and there's hogs to be kill-t. Gotta go!
Texas Grown is offline   Reply With Quote Back To The Top
Old 06-05-2021, 04:55 PM   #31
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default Do you guys think another market crash is coming?

[quote=sandhillhunter;15649458]
Quote:
Originally Posted by rtp View Post
Ive got the tangible part covered and continue adding to that pile./QUOTE]

Care to define tangible?

Cash? Precious metals?

Iím curious because holding cash right now is risky as well due to inflation risks.


Sent from my iPhone using Tapatalk

Various real estate(mostly industrial and some storage). I donít want any of the headaches that come with retail and residential. Money is too cheap to keep much around right now IMO. While I do leverage to some degree Iím still very conservative on that front.

The margin on my Schwab accounts has been ridiculously cheap for years now. I have simply borrowed against my main account there to buy what I want. My last commercial property loan was 4.25% and my margin for the down payment was been sub 2%.

I just refinanced another one for a flat 4% about a month ago. These are 5 year loans with balloon payments at the end.

Find a quality property that is under market value and it is hard to not make a killing on it in the last 5 yrs or so with the cheap money. They are out there you just have to find them.



Sent from my iPhone using Tapatalk

Last edited by rtp; 06-05-2021 at 05:10 PM.
rtp is offline   Reply With Quote Back To The Top
Old 06-05-2021, 05:04 PM   #32
sandhillhunter
Six Point
 
Join Date: Nov 2014
Location: DFW
Hunt In: Taylor County, TX and New Mexico
Default

[quote=rtp;15649571]
Quote:
Originally Posted by sandhillhunter View Post


Various real estate. Money is too cheap to keep much around right now IMO. While I do leverage to some degree Iím still very conservative on that front.


Sent from my iPhone using Tapatalk

Makes sense. Thank you.


Sent from my iPhone using Tapatalk
sandhillhunter is offline   Reply With Quote Back To The Top
Old 06-05-2021, 06:52 PM   #33
JES
Ten Point
 
JES's Avatar
 
Join Date: Jul 2009
Location: Richmond
Hunt In: Stonewall and Ft. Bend County
Default

What goes up, must come down.
JES is offline   Reply With Quote Back To The Top
Old 06-05-2021, 06:57 PM   #34
overcomer401965
Ten Point
 
Join Date: Aug 2010
Location: Coleman, Texas
Hunt In: Coleman
Default

The reset is upon boys. To control us they must divide and break us.
overcomer401965 is offline   Reply With Quote Back To The Top
Old 06-05-2021, 08:22 PM   #35
SabineHunter
Ten Point
 
Join Date: Oct 2019
Default

[quote=rtp;15649571]
Quote:
Originally Posted by sandhillhunter View Post


Various real estate(mostly industrial and some storage). I donít want any of the headaches that come with retail and residential. Money is too cheap to keep much around right now IMO. While I do leverage to some degree Iím still very conservative on that front.

The margin on my Schwab accounts has been ridiculously cheap for years now. I have simply borrowed against my main account there to buy what I want. My last commercial property loan was 4.25% and my margin for the down payment was been sub 2%.

I just refinanced another one for a flat 4% about a month ago. These are 5 year loans with balloon payments at the end.

Find a quality property that is under market value and it is hard to not make a killing on it in the last 5 yrs or so with the cheap money. They are out there you just have to find them.



Sent from my iPhone using Tapatalk
I'm thinking When the market crashes, so does the cheap money plus they will call in your margins. Property values will drop steeply as well. Etrade called in my margins once and it wasn't pretty. You have one day to sell to make the margin and they sell whatever they want after that. I haven't used margins ever since. I'm looking to buy a bunch of puts as soon as this market begins to turn south.
SabineHunter is offline   Reply With Quote Back To The Top
Old 06-05-2021, 09:57 PM   #36
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

[quote=SabineHunter;15649817]
Quote:
Originally Posted by rtp View Post

I'm thinking When the market crashes, so does the cheap money plus they will call in your margins. Property values will drop steeply as well. Etrade called in my margins once and it wasn't pretty. You have one day to sell to make the margin and they sell whatever they want after that. I haven't used margins ever since. I'm looking to buy a bunch of puts as soon as this market begins to turn south.
You missed the part where I said I was very conservative in the use of leverage/margin. Im not even leveraging 10% of what I have in those accounts. I will never have a margin call.
rtp is offline   Reply With Quote Back To The Top
Old 06-05-2021, 10:03 PM   #37
SabineHunter
Ten Point
 
Join Date: Oct 2019
Default

[quote=rtp;15649944]
Quote:
Originally Posted by SabineHunter View Post

You missed the part where I said I was very conservative in the use of leverage/margin. Im not even leveraging 10% of what I have in those accounts. I will never have a margin call.
Yep, I guess I did miss that part. At one point I controlled 1.3 m on an initial investment of 51k. Dow 2009 was very good for me.
SabineHunter is offline   Reply With Quote Back To The Top
Old 06-06-2021, 08:09 AM   #38
Acameron52
Pope & Young
 
Acameron52's Avatar
 
Join Date: Jun 2014
Location: Lewisville
Hunt In: Coleman & Loving
Default

[quote=rtp;15649571]
Quote:
Originally Posted by sandhillhunter View Post


Various real estate(mostly industrial and some storage). I donít want any of the headaches that come with retail and residential. Money is too cheap to keep much around right now IMO. While I do leverage to some degree Iím still very conservative on that front.

The margin on my Schwab accounts has been ridiculously cheap for years now. I have simply borrowed against my main account there to buy what I want. My last commercial property loan was 4.25% and my margin for the down payment was been sub 2%.

I just refinanced another one for a flat 4% about a month ago. These are 5 year loans with balloon payments at the end.

Find a quality property that is under market value and it is hard to not make a killing on it in the last 5 yrs or so with the cheap money. They are out there you just have to find them.



Sent from my iPhone using Tapatalk
You sound like someone much smarter financially than me so Iíll askÖ

If it does take a turn in the future (which I personally think it will), is that the time to jump into the rental property game?? Iíve got an extremely stable job that wonít be going anywhere. Iíve sold some stuff and moved things around over the last few months to put some money in the bank in preparation for it to go down. My thinking is to jump into some investment property once it does. Iím only 25 years old with a ways to go until retirement so I donít mind putting some of that on the line to set myself up for the future.
Acameron52 is offline   Reply With Quote Back To The Top
Old 06-06-2021, 08:49 AM   #39
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

[quote=Acameron52;15650116]
Quote:
Originally Posted by rtp View Post

You sound like someone much smarter financially than me so Iíll askÖ

If it does take a turn in the future (which I personally think it will), is that the time to jump into the rental property game?? Iíve got an extremely stable job that wonít be going anywhere. Iíve sold some stuff and moved things around over the last few months to put some money in the bank in preparation for it to go down. My thinking is to jump into some investment property once it does. Iím only 25 years old with a ways to go until retirement so I donít mind putting some of that on the line to set myself up for the future.
I would just say that most ordinary people will create wealth through real estate. The stock market is fine and all but if you are lucky, you will average 8% annually over time. Certainly that is good but that will not create wealth just a very nice nest egg to retire on. Which aspect of real estate to delve into has to be determined by the individual. Example, there is a lot of money to be made in residential rental property but I dont have the time and energy to babysit a handful of these properties. I have a few friends that do it because the $$$ to entry is probably the lowest in any real estate category. A lot of that has to do with the amount of capital they have to get in the door so to speak. It is certainly cheaper to get into residential rental property than say industrial or office space. At your age, you have plenty of time to figure it out. One tip that was given to me long ago about real estate is to always buy good to prime property. Yes it costs more, but that is because it is desirable. Dont buy cheap stuff just because you can afford it. This piece of advice has served me well. You might see if you can find a storage play that is looking for investors to get started. The minimum buy in will probably be somewhere between $50k-$500k. It has boogled my mind for a decade now at how much people use storage facilities and how much they pay to do so each month. Good luck.
rtp is offline   Reply With Quote Back To The Top
Old 06-06-2021, 08:58 AM   #40
rtp
Pope & Young
 
rtp's Avatar
 
Join Date: Aug 2010
Location: Fulshear, Texas
Hunt In: open range
Default

Quote:
Originally Posted by JES View Post
What goes up, must come down.
Why do you have to bring all that negativity up in here?
rtp is offline   Reply With Quote Back To The Top
Old 06-06-2021, 11:21 PM   #41
Zmaxhunter
Four Point
 
Zmaxhunter's Avatar
 
Join Date: Feb 2021
Default

https://youtu.be/GI4FLbW30vo

https://youtu.be/tmWkmf6Sq6I

https://youtu.be/TUtoOtTi7Bo

All i buy is tangible assets, stocking alternative fuels, bought lots of materials, copper wire, wood, plywood, etc, all before the mass inflation.. stacking food to the rafters.
Im an electrical contractor.. plus i have a guide service.. if i had $50k in materials before.. i have about $150k now.
Shop for deals, auctions, garage sells, etc.
The reset is coming
https://youtu.be/pV8FQpc1NlQ
Klaus shwab cyber attack
https://youtu.be/0DKRvS-C04o

https://sociable.co/technology/prepp...mpression=true

The WEF, https://youtu.be/8rAiTDQ-NVY

Buffett is sitting on billions in cash.. waiting for the crash.
Zmaxhunter is offline   Reply With Quote Back To The Top
Old 06-18-2021, 07:45 AM   #42
OldRiverRat
Pope & Young
 
OldRiverRat's Avatar
 
Join Date: Mar 2009
Location: Deer Park, TX
Hunt In: Navarro County
Default

Quote:
Originally Posted by OldRiverRat View Post
Russia exiting all $ denominated assets from their wealth fund and buying into oil and coal assets. Occurring while US has 30% increase in Russian oil imports.

Expect several additional things to happen:
1. Oil prices will continue to increase and US will have no bargaining power because Biden and idiots trying to destroy US energy industry.
2. China to dump US treasury holdings once FED begins increasing interest rates and reducing FED balance sheet.

Objective is to destroy US economy and eliminate $ as premier world currency. If it works we will see big inflationary increase in western world.

Itís coming
70ís all over again but worse


Sent from my iPhone using Tapatalk Pro

Just some supporting data to my comments above

US Reliance on Russian Oil Surges to Record High Amid Tensions
BY EMEL AKAN
June 17, 2021 Updated: June 17, 2021
FacebookTweetEmail
2042 Shares
488 Comments
WASHINGTONóRussian oil imports have set a new record in the United States despite the strained relationship between Washington and Moscow. Industry experts believe the Biden administrationís climate policies will make the country more dependent on foreign oil producers.

The United States imported record levels of crude oil from Russia in March and is expected to continue importing at high levels in coming months, according to the Western Energy Alliance, a trade association that represents 200 independent natural gas and oil producers in the United States.

Imports of crude oil and petroleum products from Russia reached 22.9 million barrels in March, the highest level since August of 2010, according to International Energy Agency (IEA). Of the total amount, crude oil imports from Russia stood at 6.1 million barrels. Russia has become the third-largest oil exporter to the United States.

High levels of oil shipment from Russia have continued since March, according to ClipperData, a commodity intelligence company that monitors cargo shipments worldwide.

ďLast month we saw a record 5.75 million barrels of Russian crude discharged in the US, and weíre projecting a further record this month of 7.5mn bbls,Ē ClipperData analysts wrote on Twitter on June 7.

Critics argue that Bidenís climate agenda is hard on the U.S. oil industry but soft on foreign producers.

Experience the best way to read The Epoch Times online. Try our free app for a limited time.

ďItís disturbing to our industry that the Biden administration goes out of its way to disadvantage the American producer while buttressing the Iranian and Russian industries,Ē Kathleen Sgamma, president of the Western Energy Alliance, told The Epoch Times.

MOST READ
US Reliance on Russian Oil Surges to Record High Amid Tensions
Mark and Patricia McCloskey Plead Guilty to Charges, Will Surrender Guns
The recent spike in Russian oil imports has followed the ďmisguided climate policiesĒ of the administration, including ending the Keystone XL pipeline and pausing new oil and natural gas permitting on public lands and waters, according to Sgamma.

President Joe Biden has ďtipped us into oil dependence on Russia just a year after complete independence,Ē Sgamma said, calling it ďa geopolitical giftĒ to the Kremlin.

U.S. West Texas Intermediate crude surpassed the $70 mark last week, reaching the highest level in over two years. Top commodity traders now believe oil prices could see $100 per barrel due to supply constraints. Oil hasnít traded above $100 per barrel since 2014.

RELATED
Federal Government Must Recognize Importance of Oil and Gas Sector: Conservative MP
Federal Government Must Recognize Importance of Oil and Gas Sector: Conservative MP
ďThereís been kind of a dearth of investment in fossil fuels, which is going to leave us undersupplied as we go forward,Ē Phil Flynn, senior energy analyst at the Price Future Group, told The Epoch Times in a recent interview.

He noted that the Biden administrationís climate policies, which will reduce the supply of oil and gas, have been a major factor in driving the prices.

ďU.S. oil production has fallen by 1.715 million barrels [per day] from a year ago, so a large part of that void is being filled by Russia,Ē Flynn wrote in a recent op-ed on Fox Business.

ďDuring Trumpís term, America was competing with Russia and Saudi Arabia to be the worldís dominant oil and gas producer, yet under Biden, we are retreating from that race in the name of climate change,Ē he wrote.

An increase in oil and gas prices will help boost Russiaís energy and political dominance, he argued, criticizing Bidenís recent move that will allow Russia to supply natural gas to Germany.

The Biden administration last month waived Trump-era sanctions against the company building the Nord Stream 2 natural gas pipeline that links Russia and Germany.

The pipeline is expected to increase the dependence of the region on Russia for natural gas. Construction on the 764-mile pipeline that began in 2018 was a source of friction between Washington and its European allies.


Sent from my iPhone using Tapatalk Pro
OldRiverRat is online now   Reply With Quote Back To The Top
Old 06-18-2021, 12:29 PM   #43
Hogmauler
Ten Point
 
Hogmauler's Avatar
 
Join Date: Dec 2009
Location: Katy
Hunt In: Kerrville
Default

So will cash be worth anything when inflation eats it up? Our investor recommended municipal bond and some precious metals. Then I heard that as inflation rises you lose money in bonds. What does the screen say?
Hogmauler is offline   Reply With Quote Back To The Top
Old 06-18-2021, 01:11 PM   #44
Grand Passage
Eight Point
 
Grand Passage's Avatar
 
Join Date: Dec 2013
Location: Boerne
Hunt In: Coleman & Atascosa Counties
Default

Quote:
Originally Posted by Zmaxhunter View Post
Buffett is sitting on billions in cash.. waiting for the crash.
Please explain why he would do this. If the crash comes and the dollar is worth nothing, his billions in cash would be worth a fraction of current value, correct?
Grand Passage is online now   Reply With Quote Back To The Top
Old 06-18-2021, 01:51 PM   #45
txpitdog
Pope & Young
 
txpitdog's Avatar
 
Join Date: Dec 2006
Location: Kingwood
Hunt In: Fairfield
Default

Quote:
Originally Posted by Grand Passage View Post
Please explain why he would do this. If the crash comes and the dollar is worth nothing, his billions in cash would be worth a fraction of current value, correct?
Heís betting that the decrease in the value of the dollar is less than the decrease/contraction in the valuation of the companies he would invest in. If the dollar loses 5% but funds lose 10%, he wins by 5% before any kind of recovery or upswing even begins.
txpitdog is online now   Reply With Quote Back To The Top
Old 06-18-2021, 02:57 PM   #46
Hogmauler
Ten Point
 
Hogmauler's Avatar
 
Join Date: Dec 2009
Location: Katy
Hunt In: Kerrville
Default

So you sit on cash?
Hogmauler is offline   Reply With Quote Back To The Top
Old 06-18-2021, 03:05 PM   #47
Grand Passage
Eight Point
 
Grand Passage's Avatar
 
Join Date: Dec 2013
Location: Boerne
Hunt In: Coleman & Atascosa Counties
Default

Quote:
Originally Posted by Hogmauler View Post
So you sit on cash?
I suppose if you have billions, that would be a good play. Doubt its a good plan for my $5.
Grand Passage is online now   Reply With Quote Back To The Top
Old 06-18-2021, 04:26 PM   #48
Throwin Darts
Pope & Young
 
Throwin Darts's Avatar
 
Join Date: Feb 2007
Location: Aledo
Default

Quote:
Originally Posted by Hogmauler View Post
So you sit on cash?

Buffet also recommends individual investors not try to market time.
Throwin Darts is offline   Reply With Quote Back To The Top
Old 06-18-2021, 09:44 PM   #49
brokeno
Ten Point
 
brokeno's Avatar
 
Join Date: Dec 2016
Location: Smiley, Texas
Hunt In: Gonzales & Young Co and anywhere
Default

I asked my financial advisor what to invest in yesterday and he said with Biden's administration in office you better invest in a shelter with lots of can goods and supplies.
brokeno is offline   Reply With Quote Back To The Top
Old 06-19-2021, 01:30 PM   #50
c3products20
Ten Point
 
c3products20's Avatar
 
Join Date: Sep 2020
Default

Quote:
Originally Posted by brokeno View Post
I asked my financial advisor what to invest in yesterday and he said with Biden's administration in office you better invest in a shelter with lots of can goods and supplies.
True story!
c3products20 is offline   Reply With Quote Back To The Top
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 10:20 AM.


Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2021, vBulletin Solutions Inc.
Copyright 1999-2012, TexasBowhunter.com