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/biz/ - Business & Finance


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12138079 No.12138079 [Reply] [Original]

What are you doing to prepare for the expected 2019 recession?

>> No.12138093

>>12138079
unironically going all in BTC

>> No.12138113
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12138113

>>12138079
Saving Money for when Stocks go on sale

>> No.12138132

50% of my available cash waiting for this >>12138113
The other 50% here >>12138093
Not selling whatever I have in shitcoins.

>> No.12138163

>>12138079
I'm betting it'll be 2020. I'm buying gold and setting up an emergency fund. Too many idiots on here think a recession means death and destruction and suffering. Even the great depression wasn't the apocalypse. You'll just have to get a shit job(if you can get one) and start being thrifty. No more netflix or drugs ( including cigarettes and coffee) or drinking or video games or new clothes. Most of you faggots have terrible vices so learn to live without them.

Get ready to be poor. if you've never had any real hardship in your life (looking at you NEETs) its going to be particularly hard. Lentils and rice tastes like shit the 7th time in a row.

>> No.12138172

>>12138079
I'm going to stock up on actual shit

Edit: Wow I can't believe my highest rated comments is about shit

>> No.12138185

>>12138163
>Too many idiots on here think a recession means death and destruction and suffering.
Anon that was when America was white. You aren't factoring in all the niggers.

>> No.12138205

>>12138079
Also, Monday will be a green day.
>6k cant break

>> No.12138215

>>12138079
layered put ratios.

>> No.12138221

Continuing not to have a 401k

>> No.12138223

>>12138163
>Even the great depression wasn't the apocalypse.
It pretty much was, actually. Based Hitler managed to convince our government to set up a few factories and that turned the economy around, thankfully. If it wasn't for him, America would RIP.

>> No.12138225
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12138225

>the recessions a comin

>> No.12138263

>>12138185
even then, a slight boost in crime rates isn't going to affect you. if you get robbed it'll probably be by a family member or a friend. Don't expect mad max when the reality is just going to be sad and boring.

>> No.12138277
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12138277

>>12138185
It’s probably not going to be that bad but don’t underestimate the power of International Jewry and Finance. They despise Trump and they may want America to completely submit so hard that he’ll replace Hoover as the worst president ever. They’ll burn the house down and charge the Americans with the insurance bill like they did in 2008, but much worse. I’m thinking 2020 is gonna be bad.

>> No.12138299
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12138299

>>12138079

I'm taking out massive loans and buying distressed rental properties and fixing them up. With any luck the federal reserve will print so much money that we get lots of inflation and my fixed rate loans get to be paid with worthless Monopoly money. I maintain a maximum of 60% leverage to market value ratio, so if in a different scenario prices crater I will still have a good chance at staying above water. I also have great cash flow, so I can keep things rolling without having to dip into my reserves even at 50% occupancy. In an apocalypse scenario, I've got guns and a crew of guys, so I can take rental payment in food/labor/pms/sexual favors and work my way into whatever local warlord power structure that develops.

>> No.12138707
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12138707

bought gold at 1200$

>> No.12138857

>>12138079
/biz/lets are unironically the biggest normies in finance. No, you brainlets can't predict when the next recession will happen. Yes it could happen in 2019 or 2020, but it's by no means guaranteed.

>> No.12138952

>>12138857
what about people who discuss their stock pics on Reddit? /r/wallstreetbets and /r/robinhood

>> No.12138966

>>12138857
>what is bond yield curve inversion, the post

>> No.12138973

>>12138857
>but it's by no means guaranteed.
What are business cycles.

>> No.12138979
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12138979

u n e m p l o y e d
n

>> No.12138988

>>12138079
I grab them by the pussies.

>> No.12139068

>>12138966
>>12138973
What is EMH. It's laughable to think something as basic as (part of) the yield curve inversing isn't priced in. If you think you can time the business cycle as a retail investor then you're either delusional or clueless.

>> No.12139072

>>12138079
If Trump fucks up economy, and I get my loan in Euros, does it mean I will profit?

>> No.12139079

>>12139072
America props up the entire western economic system. When it goes bad Europe will go bad too.

>> No.12139112

>>12139079
hmm but if people lose trust in dollar wont they buy more euros?

>> No.12139130

>>12139112
No, they will buy Chinese Yuan

>> No.12139133

>>12139112
No, they will buy GOLD.

>> No.12139138

>>12139068
>If you think you can time the business cycle as a retail investor then you're either delusional or clueless.
No one is timing it, we're saying it will happen eventually.
We're in the seventh inning.

> It's laughable to think something as basic as (part of) the yield curve inversing isn't priced in
You're delusional

>> No.12139156

>>12138163
>Can't buy cigarettes and coffee
This is apocalypse for me. I would hero in a heartbeat if your blog post were actually factual

>> No.12139158

>>12138966
The irony here of course is that the "big bad inversion" everyone is talking about is the 2y and 10y.

Congratulations on outing yourself as ignorant, homes.

>> No.12139195
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12139195

>>12138225
Reseshun iz a way fo dem wypipo to keep the afikan 'merican comunity down.
We ain gonnnna let it goes down wifaut repeeashus boi.
We need money for dem projecs !

>> No.12139264

>>12139138
Sure, we're (most likely) close to the end of this cycle, but that doesn't mean it's ->guaranteed<- to happen in 2019 or 2020. If you're buying negative/neutral beta investments because of muh yield curve inversion then you ARE trying to time it.

>> No.12139323

>>12138079
Stocking up on my cash pile. Got 20k ready to burn.

>> No.12139340

>>12138093
Crypto market closely tracks with stock market

>> No.12139372
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12139372

Fuck Trump. I'm going to vote for John McAfee.

>> No.12139407
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12139407

>>12138223

>> No.12140631

>>12139068
>priced in

How do I know you're a redditfag or student or something? That you think markets magically & instantaneously price in all possible information, years ahead, in a completely rational way.

>> No.12140772

>>12138172
Fuck off.

>> No.12140813

>>12140631
You think institutions haven't already sold 250k blocks of shares in their over-valued positions.

man /biz/raelis are dumb

>> No.12140842

buying many waters and canned food and maxing out credit cards

>> No.12141753
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12141753

>>12138185
He makes a good point. Buy ammo

>> No.12141760
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12141760

>>12138185
>Anon that was when America was white.
>America was white.
>implying
America stopped being white when they let all those Germans in during the 1800s.

>> No.12142682

>>12138132
Most of the top 10 shitcoins will survive and repeat litecoin or similar to 2011-2015

>> No.12142687

>>12138079
Buying bitcoin as a hedge, considering that's why it was created in the first place.

It's quite literally alien money.

>> No.12142699

>>12139112
RUSSIAN GP>CHINA GP

>> No.12142736
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12142736

>>12138299
lol you're double-fucking yourself you absolute madman

1) having debt in a recession is a bad idea as you will have trouble paying it back, risking default and losing everything. "i have good cash flow" means nothing when literally everyone stands at a risk of losing their income
2) when shit absolutely hits the fan economy-wise, there will be mandatory mortgages to bail out banks etc.
owning several properties means you absolutely will be in deep trouble if things become 1930's-bad. banks and the state don't play a fair game - if things get too bad, they tend to simply confiscate whatever they can get their hands on.

>> No.12142765

>>12140631
I don’t think that. But when it comes to macro, retail investors literally have no chance at being smarter than the market. The big players (banks, investment funds, pension funds, sovereign wealth funds etc.) collectively employ millions of top tier economists/ macro analysts and use extremely sophisticated analytical tools. Thinking that you can outsmart them by looking at something as basic the yield curve (which everyone knows about) is delusional.

>> No.12142775

>>12141760
>delusional and insecure
t. jewkike

>> No.12142788
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12142788

>>12142775
t. butthurt 1/64th anglo amerimutt

>> No.12142816

>>12141760
There are actually more White people alive today then at any other point in human history. The problem is that the world percentage is dragged down because of everyone popping out 9 kids in places like China, India, and Africa. The media uses this in their favor by trying to scare the shit out of Whites so that they have even more kids, resulting in even more White people.

>> No.12142856
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12142856

>>12142816
I mean yeah if we are talking about anglos then yes there are a lot of white people today (just not in the US.)

>> No.12142971

>>12139068
What are self fulfilling prophecies anon? If they Jews can spam Reddit, Facebook, and Twitter fearmongering people into a recession, the market will react very sharply to any significant drops in the index. Businesses will report low growth expectations and pull back on capital expenditure like they are right now, and the credit cycle will collapse on itself.

Why do you think macro guys like Soros, Dalio have low EU/US equity exposure and value investors like Klarman, Buffett have massive cash piles?

Of course nobody can predict the timing, and warning signs were going off in 2006 similar to today, but lets just say anyone buying heavily now is a retard just like the retards that bought bags in 2006 and 2007, while rates were going up and warning signs were flashing everywhere.

I'm perfectly comfy holding mostly cash and cash equivalents right now, because theres not much valuable opportunites out there. When the tide shifts like it always does, ill be in a perfect position to pile money into investments that can generate massive returns, just like when I bought a house in 2011, which I sold in 2017 for almost 3X the price.

>> No.12143327

>>12138093
>>12138113
>>12138132
>>12138163
>>12138172
>>12138185
>>12138205
>>12138215
>>12138221
>>12138223
>>12138225
>>12138263
>>12138277
>>12138299
>>12138707
>>12138857
>>12138952
>>12138966
>>12138979
>>12139072
>>12139138
>>12139156
>>12139158
>>12139264
>>12139323
>>12140842
>>12142856
The crash starts 4 today idiots

>> No.12143614

>>12142856
Us has pockets of very white regions. Idaho, montana, Dakotas, good chunks of the midwest is all whites. Scandinavian whites and Scots, anglos. We just have too many mystery meat brown people too.

>> No.12143700

>>12143327
am or pm?

>> No.12143772

>>12138079
The real question is how bad the next recession will be. Is this like 1992 or 2008? How bad will unemployment be?