Stock Market Collapse

I'm buying gold, platinum, and cryptocurrencies.

Put your house on the market now, before the crash.

I'm buying rare tulip bulbs and Old Master paintings.

I’ve got all my retirement in beanie babies and POGs.

But what about Hog Futures?

Plastics

I'm spending all my money at Tiffany's.

If there really is a crash coming, a lot of people would be really rich if they liquidated their real estate and rented for a few months until the crash.

But the flip side is that if it doesn’t crash, you will be moving to Kansas.

My childhood home is worth over a million dollars and it is nothing out of the ordinary. Very bland, basic and run of the mill.

I’m pretty sure my grandparents bought it for around 15k. If that.

My family's dowdy old 4-bedroom house in Cap d'Antibes is now worth 90 million euros.

OP, I'm guessing you're poor, or at least not a very astute investor. Now is the time to buy, not sell. (At minimum, it's the time to do nothing and simply hold. The market always goes back up.)

Commodities, the best inflation hedge.

I'm investing in Charmin. I have a hoard of it my basement and will re-sell it for millions.

Glad I’m young and do not have a nickel in stocks, bonds or mutual funds (yet). The eventual fall of western democracy is really gonna make me figure out how money is going to work in my generation. So, me getting a low wage, dead end job in my twenties is silly!

[quote] I will tell you how to become rich. Close the doors. Be fearful when others are greedy. Be greedy when others are fearful.

-- Warren Buffett

This is the new stock market. The market that never fails. It only goes up. Never goes down.

Obey Cryptocurriences and the boys who own them.

[quote] The S&P is down almost 7% in 2022.

[quote] I'm buying gold, platinum, and cryptocurrencies.

Bitcoin is down around 9% in 2022, so...

Houses in my zip code have been renovated and put on the market for 5 times what they sold for in 2015. And the Under-40s are gobbling them up like starving children.

My money is in good, solid Precious Moments figurines.

I have chicken, turkey, beef, fish and vegetable stock in abundance. Is it time for me to sell them? I don’t consider my boxes of stock a horde, but I don’t want to foolishly fritter away my wealth either.

Do they date from the Great War?

It will just go back up again. Historically if you look at the stock market, that's what happens. A correction is usually only up to 30% but it eventually goes back up. That's why I just ignore the whole thing and leave my money in index tracker funds.

I’ll make it through. I have a stash of Bicentennial quarters that will make me rich when I sell them.

I have a collection of late midcentury Tiki crap. I'm set.

[quote] I’ve got all my retirement in ... POGs.

People of Gayness?

[quote] I have a stash of Bicentennial quarters ...

I am collecting the Semiquincentennial set. It's spectacular. Come over and I'll show it to you. Maybe you can touch it.

Buy stocks that have been heavily naked shorted by hedgefunds, since they will be margin-called and ordered to close an absurd amount of naked short positions.

I'm rearranging a few investments but not planning on selling per se.

I want some of r21's stock.

Be naked with short people, that is good advice.

It's down a lot today. I am losing a lot of money. WTF

buy on the dip!

Herbert Hoover Biden is on a roll

I have my 401k invested, half in medium risk stocks, half in low risk bonds. I'm hoping the market remains reasonably stable until I retire in 4 years. Then I'll transfer all of it to an IRA.

Where do you buy gold and platinum?

A stock market collapse to someone with a 20-30 year time horizon until retirement isn’t the end of the world. Your 401k contributions buy up a ton of cheap stocks which eventually go up again. And if you’re retirement age you shouldn’t really be heavy in stocks either.

OP, you have no idea how the market works.

While Biden has been in office the market has been going up way too fast.

As of closing today, the S&P has still gone up almost 20% since Jan 1, 2021. A correction would be in order.

Go look at March of 2020 for a real dip. Down 35% on the OrangeShitAss's watch. But the S&P has DOUBLED since then.

Op, the market was due for a pullback. Even where it is today, the S&P is about double from the lows hit in March 2020 and up about 1200 from the high just before the pandemic crash.

What could have happened in March, 2020 to trigger a collapse? Oh yes, Covid. It really wouldn’t have mattered who was Pres. Market corrections happen

[quote]Op, the market was due for a pullback.

Overdue.

Wake me up when it's down 30%.

what about Monday? Will it go up or down?

Nobody knows. It's a fool's errand to predict daily market swings.

But we skim a neat profit either way.

R1 = William Devane

R44, William Devane used to be pretty hot. Here he is playing the boy president.

I bought the Crypto ETF six months ago. It has not paid off.

Just a warning to the speculators.

It's all about the timing. If you bought Bitcoin one year ago, you'd still be up 20% today. If you bought an S&P fund a year ago, you'd be up 16% today

R47, I've owned an S&P broad market fund for 25 years. And yes, it has paid of fabulously.

But, I'm greedy. What should I buy now?

Good call r48 In the number of years you've held that S&P fund, it's beaten the returns of over 80% of active fund managers.

Greedy's good but it also needs a bit of lucky. I've done enough research on Bitcoin to feel comfortable putting a small % toward it. The smaller cryptos look like they get some great returns, but I think they need much more research and monitoring than I'm willing to put into them.

I'm going to start an OF. Take advantage of my 23 yo body while I got it.

Never consider your gains baked in until you can it out. If you made 20% in past year, be prepared to lose 20% without stressing. It’s not free money.

You body sells for pennies R50.

There is no magic formula. The average investor saving for retirement should be in invested in a low cost index ETF or mutual fund that mimics the S&P 500. If investors with the most sophisticated technology can't beat the tried and true S&P 500 index, neither can you.

I'm fully invested in equities via ETFs. We're in a correction right now but the market will bounce back sooner or later. While I'm 65 right now, I don't need money from my 402k.

I like how Gold pretends it cannot lose value./

How foolish you boys are. This is the Big One!

I have Bob Ross paintings. Not worried at all.

I haven't checked but I am likely no longer a millionaire. I hit the 2 commas in 2021. Oh well, it was nice while it lasted. Nose over the grindstone, holding on until I can retire.

NFTs are really the only sure thing.

R58, depending on your age, you should have a certain percentage in bonds instead of stocks, the number going up every year. It hedges against longterm loss due to market crashes.

One rule of thumb is, once you hit 40 and until you retire, you should have a percentage in bonds equal to your age minus 20. So I have 38% in bonds.

i sold about $100,000m back after Christmas.

You should know the Bidens aren't Christians.

You fuckers are dumb.

It's too late to do anything now but ride it out.

It's like when I was a kid and me and my older brother would ride the Tobaggon down the hill.

Please. Stop the drama. I had a 401K portfolio that was $120K and plunged to $80K in 2009. I left that job around that time and let it sit. It's now at $320K. At my new job for the last 5 years I put $20-25K (about $100K cumulative) into my 401K each year. It's at $300K.

And I bought a condo in 2001 with only $5K down. I now have $600K in equity.

Why am I telling you this? Because: No need to panic unless you need money in the very near future. If you have years to go, just ride it out. When the market drops and people panic, put more in when everything is essentially "on sale".

It will be 40K by the time Biden and his ild are done with it.

I promise to have sex with you for only money.

Please form a line outside my house.

Because of the economic collapse.

The stock market always goes back up, huh? Tell that to Japan. And you know what else always happens over time? We DIE.

Bubbles pop. Don't be surprised when you lose your ass investing in one.

I have had a similar experience as R63 with long term investment.

I also play futures for short term money. In futures, the time frame can be in minutes.

R67 get lost dumb ass. There is more to it than your simple BS.

There have only been two times in US history that stocks have been this overvalued: 1929 and 2000. Need I say more?

What futures do you buy? Coffee? Gold? Corn?

R69 So? They still went up again, and higher than before. Like others have said, if you're young enough, invest in stocks for the long term. If you're near retirement age, you should be more invested in bonds.

[Quote]stocks have been this overvalued: 1929 and 2000

Well, I was there in April 2000 and lost $20,000 in 20 minutes on a futures trade. That was fun .

I invested in So Truly Real Baby Dolls. I’m good.

[quote] What futures do you buy? Coffee? Gold? Corn?

If you were asking me, R70, I am deep into three stock market indexes (Dow, S&P, Nasdaq). I have studied those indexes all the way back to the 1940's. The Dow goes back to 1896. The other two indexes started way later.

I trade the stock indexes as futures short term only. Trading futures for me is both buy and sell. So, right now I am shorting the S&P500 because my personal indicators say so.

R15, I'm pretty sure he was saying "Brad's a dipshit."

R60, the old adage about your age in bonds as a percentage of holdings is not a hard and fast rule. People are living longer and if you abide by that rule you risk running out of money in your 80's. And the balance between stocks vs bonds should be adjusted to favor stocks if you have a pension or other income streams in retirement in addition to social security. (That additional income can be viewed the same as an investment in bonds.)

For a real life example, at age 70 my portfolio is about 50% stocks, 35% bonds, 15% cash (all but the cash is ETF indexes with Vanguard). Very safe, low risk / low reward. Since January 2020 when I set these percentages my investments grew 8.7%, more than double the rate of my annual withdrawal rate of 3.6% during the same period. By comparison, I was a much bigger risk taker between ages 30 to 60 when my 401k was 80% stock / 20% bonds. Over the last 40 years I've seen plenty of ruts and market collapses but also tremendous upside. The average return for the S&P 500 from 1991 to 2020 was 10.72% (8.29% when adjusted for inflation).

My advice to most people beginning to invest for retirement is to sign up for your employer's 401k plan (especially if they match a portion what you contribute), or set up an automatic investment plan with a low fee brokerage firm offering an S&P 500 ETF or mutual fund (Vanguard, Fidelity, Schwabb, etc.). If you're in your 30's or 40's, take more risk than you're comfortable with because time is on your side.

I'm R58, I'm like like r76, index funds all the way and set savings/investments on auto. Have been doing it for 21 years. I wasn't fazed in 2008 and 2020 but was slightly bummed this month because my networth was really close to my financial independence number. Meaning 4% of my investments covers my expenses. Wasn't planning to retire but it was comforting to know if I got canned, I could live off of my investments. It's all on paper of course.

Yeah, I'm little higher on equities, was over 85%. Likely a little closer to 80% with this month's stock drops. I'm hoping to be retired in 2028. I'll lower my equities to 60-65% by that point. But hey, who knows what the world will be like in 6 years.

R67. Japan has also experienced deflation since the crash. For example, the US stock market didn’t recover in nominal terms from the 1929 crash until 1951. However, the market arguably recovered its real value in less than five years in real terms because of the deflation accompanying the Great Depression.

down further today

Are you guys buying the dip?

is it going down even more tomorrow?

I think we’ll probably see a crash in home values, again.

R81, rising interest rates tend to be cold water on the housing market...but we've still got a long way to go. The low interest rate environment was artificially created by the Fed and it was also a matter of time when they'd come back up.

We’ve been hearing that interest rates are going up for years now. I don’t think they have the political courage to pull the trigger. They would have done it already.

[quote]We’ve been hearing that interest rates are going up for years now. I don’t think they have the political courage to pull the trigger. They would have done it already.

We didn't have the inflation that we have today.

All those poor Robinhood millennials now learning the hard way that stocks do not go up forever. Will they finally be forced to get jobs? Stay tuned!

I live in a burrow in the desert that I've fortified with beer bottles and I've figured out how to recycle my piss. Later, suckers!

Crazy day today...wild roller coaster. It had huge drops earlier...I think as close to 1000 points at one time. Now...it's closing out at 101+ pts up at the Dow, and 12+ pts up at S & P 500. I didn't expect that and was surprised.

Volatility in investment returns should never be a surprise, but rather an expectation of their nature.

Yes...but all in one day... that was crazy. It's volatile over a period of time...a day or two, or weeks usually. Especially when it was over 1000 pts negative earlier. No expert here, though.

Huge swings are sometimes a feature of end-of-cycle volatility. Many players look for a 'wash-out' sell-off that signals the end of the selling. My bet is that the selling is not over and that the lows are not in.

Of course, I could be wrong.

I invested i Marie Osmond dolls so there's a goldmine in my glass display cases.

My money is locked up in debt.

Increased volatility is a sign of coming downturn IMO. Panic being averted by plenty of traders looking to buy the dip. But at some point the mass psychology shifts suddenly - and people are scarred and lose faith.

The majority of day traders lose money. Something like about 90%.

he's right

Nah, they'll always want to bail out the rich imo.

JPMorgan’s top stock strategist Marko Kolanovic said in a note Monday that the sell-off in equity markets was overblown.

“The recent pullback in risk assets appears overdone, and a combination of technical indicators approaching oversold territory and sentiment turning bearish suggest we could be in the final stages of this correction,” Kolanovic said. “While the market struggles to digest the rotation forced on it by rising rates, we expect the earnings season to reassure, and in a worst case scenario could see a return of the ‘Fed put.’”...

...Selling may have reached a capitulation point with the CBOE Volatility Index (VIX), known on Wall Street as the market’s “fear gauge,” hitting its highest level since November 2020, surpassing the 38 level at its intraday highs.

Once the fear gauge hits those extremes, the market has a tendency to snap back, even if only temporarily.

Investors are eyeing the Fed’s policy meeting, which begins on Tuesday and wraps up Wednesday. Market participants will be looking for any signals on how much the central bank will raise interest rates this year and when it will start.

No fun seeing the 401k total go down but keep perspective that the prices are still pretty freaking high. I bought international index fund shares at $22 about 2 years ago. Today it is $33, even with the 2022 downturn. I'm up 33% in less than 2 years. I'm down 8% overall in 2022. Real fright is when it drops double digits in a day and doesn't recover for years. This isn't bad...yet.

i bought more msft stock today.

I cook for myself so I save hundreds of dollars a month.

I think we hit a bottom today.

I think we hit a bottom today.

Beat the bottoms into submission.

I would enjoy fucking you dip, R80.

I like how all the Trump haters holes are now on display in 2022.

Ok only down 3% today. Luckily I buy dips.

Anyone who has ever invested in a an under $10 stock knows how much the market is manipulated by the MMs. They can short-sell shares they don’t own without ever buying them back. Goldman Sachs makes big money by “allocating” and lending out shares they don’t and never will have. The SEC probably knows everything, but they seem powerless.

R107, but that's literally the job of a market maker...like a specialist, they're the buyer and seller of last resort. And if there isn't a natural seller then they're going sell short.

MMs are short-exempt, meaning they can sell “synthetic shares”, but those shares can only exist for a limited time, which doesn’t happen; they simply cover them. And when their gamble doesn’t pan out, a situation like GameStop can occur, where a small company with only 65M million shares had the potential to destroy multiple large hedgefunds, banks/brokers if the price had gone up further. They’ve created a casino where they’re always the winner.

Damn Ash crushed Jpeg like a styrofoam cup. Girl means binness.

Good for Tippy. She is far more controlled than I've seen her before.

Bye, Shapo. Come sit on my face.

oops wrong collapse

Follow the advice of these big brain folks. We...I mean, they know what they're doing. Listen to 100% of their advice.

Jim Cramer is a clown and carnival barker. I can't believe CNBC still gives him airtime.

If you aren’t willing to own a stock for 10 years, don’t even think about owning it for 10 minutes.

If your retirement savings are in the stock market, and you are years away from tapping those funds (and not everyone needs to access their retirement funds the first couple of years after they retire), in this type of market you should be buying ETFs and mutual funds which focus on the S&P500, or total stock market funds. No one should be selling in this market unless you are purposely looking to sell at a loss for tax harvesting.

Although the average growth of the stock market over longer periods has been quite stable at around seven percent, on year-to-year basis, double digit gains and double digit losses are pretty typical. If you don’t have the time horizon to accommodate the losses we are witnessing this month, the stock market is not the right investment for you.

Of course there is never any guarantee you will earn a positive return but there is no truly risk else’s investment. Probably inflation indexed bonds are the only thing that approach true riskless return but you re not really going to be able to build a retirement fund on the returns inflation adjusted bonds provide.

In addition, if the US stock market collapses permanently, that will probably be a sign the US economy has permanently collapsed. In which case everybody is in trouble.

Tuesday: Buy Can Al Pet

I’ve liquidated my stocks and put all my assets into Turkish investment rugs.

No commemorative coins?

Whole life insurance policies offer a guaranteed pay out that you can withdraw from every month or take as a lump sum.

Another guaranteed source of income would be to buy property that can be rented out for a steady stream of income.

The potential gains from these options is probably not as much as the stock market, but it helps to be diversified and gives you a nice cushion.

But are either of these options indexed for inflation? If they are not, you still have a significant source of risk.

And... we're back up. Another crazy day.

We’re fine, OP

We send our love.

But...but...I thought the Fed has my back!?

Not a time to get into the market. Despite the hype here - the market “will never let you down” - the reality is that you will likely be better off waiting for the drop, then buying,

care to recommend a S & P 500 fund?

I’ve had a Vanguard account for many years. I’m thinking of taking a job with a financial organization that will require me to transfer all my holdings to their platform. I understand why they want me to do this but I’m not happy about it. Is there any way around this?

The stock market doesn’t crash anymore. The algorithms have fixed that.

If you think we’re going to ever have another major collapse you haven’t been paying attention.

Technology has put a stop to that.

[quote] The stock market doesn’t crash anymore.

Sorry, R128, I call March of 2020 a COVID crash. The S&P dropped to 64.5% of it's Feb 2020 high.

I wasn't worried, because I knew it would go back up which it did 5 months later. In August of 2020, the S&P exceeded the previous Feb 2020 high.

The "crash" in 1987 went to 64%

And now we're down 200 following the Fed news.

Seemed to be going up toward the end.

Robinhood stock fell from 50s in late last year to 12$ now. That's almost 200% down. Imagine the morale of the employees in that company.

Speaking of meme stocks, AMC, once above $72 was in the $15 range today.

This is the bottom!!!!

Start to buy!!!

OP is a stupid troll.

You might want to ask your advisor about dumping any German stock with american facing markets because they are at risk of a major boycott from the rest of the western countries.

Dumb Clueless gays seem to be up this year.

If r127 is already thinking of breaking a rule of their potential new financial institution employer, please do them and yourself a favor and not take the job. Yes, they will eventually find out. No company likes an employee who "understands" their rules, but doesn't follow them.

The good news is that you'll soon be able to transfer your assets back to Vanguard after they fire you.

[quote] The stock market doesn’t crash anymore. The algorithms have fixed that.

Is that by chance the same algorithm Zillow was using to purchase overpriced houses?

Bump.

Are you buying the dip?

Usually with war it’s “sell the rumour, buy the news”. I’m also keeping an eye on cheap stocks that are dipping, but have a catalyst in the near future (like dividend.)

@ R143

No. I'm betting this one turns into a bear market.

^ oops, that was @ R141