/biz/ - Business & Finance

Pic related my options at the moment for pulling cash out of my mortgage and investing in something else.

If you don't have anything to say at least give me a bump.

>>17391142

>>17391154
Thanks. I've read everything I can since around January 18th on this situation, most of the research papers including those for SARS 1 and MERS as well, and can't find anything in this assessment that would tell me it's a LARP. Eerily accurate about Italy. Italy, Iran and S Korea are the only places that are actually testing people right now, apart from the Diamond Princess. Everyone else is sweeping it under the rug as best they can.

>>17391142
Look ma, a zoomers first plague!

>>17391146
I've just got a stable income coming in and wanted to invest in stocks, not day trading but something I can hold onto for a couple of years. I thought now was a good time to get into rare earths because that sector hasn't gone irrational like the rest of the market, but I do fear I have started just at the peak of this market cycle. I mean look at this... >>17390924

>>17391372
This doesn’t mean they won’t let the stock markets cool off for a bit, but by summer, you’ll have forgotten all about this, and it will be ath, just in time for “markets hate indecision” presidential election cool off.

>>17391386
>invest in rareearths

You hate money.

>>17391142
Stop trying to predict crashes. Don't pull out the equity from your house. Warren buffet has been on a losing streak recently. Also /pol/ screenshots, lol.

>>/x/ is that way

>>17391154
>fearmongering

>>17391415
>>17391372
>>17391386
>>17391425
>>17391444
Thanks for the bump.
>>17391432
Did you make or lose money during the 2008 crash? Or were you too young? Genuine questions.

>>17391372
oh yeah i remember the past three times the goverment quarantained 10% of the world population
happens at least once every decade
completely fucking over the cruise industry is also done on a semi regular basis and italy is basicly africa at this point closing down cities there isn't even news anymore

still would not recommend shorting the market, timing can be a total bitch in this type of things

>>17391142
Bitcoin obviously
besides that, you can buy a bunch of PUT options on the DOW if you're really sure about a market pullback.

I personally don't see the dollar being wrecked anytime soon, all other major currencies are in far deeper shit and the dollar will continue to be the safe haven.

>>17391599
>bitcoin obviously
I never know if people are just memeing because they want their coin to go up or what.
>all other major currencies are in far deeper shit and the dollar will continue to be the safe haven
Yeah that has crossed my mind as well; no other currency is really any better off.
Apparently Chinese currency is going to some kind of blockchain (I don't really know what that means) but Chinese currency has always been a scam of one kind or another going back thousands of years, and Chinese money is still fleeing the country.

>>17391142
>Inflation is a meme, it's currently happening while we speak, every time a moron raises 50cents some shit, here's inflation, don't expect argentina or weimer.
>Devaluation -> inflation, yes burgers imposed petrodollar and shit with the force, this is going to change, luckily you have a sawy president like Trump, he's smart enough to change the cards and still break even, without the need of a WW3
>This already happened in 2008, market crashes are one of the jews favourite things, it means "sales" for them, big banks become even bigger and so on. With Bitcoin you/we actually have a real accessible and valuable recovery in case of a market crash. Gold is not easily managed by low-middle class.

>>17391142
Virus: House prices will down if population down

Lol, I wish this is the pin pricking the bubble of everything cascading everything into level 9 CHAOS!

Lots of uncertainty around the virus and the markets more generally. I wouldn’t worry about making money, just protecting what you’ve got. I’ve moved some of my money out of the market and put stop orders to sell most of my stocks to preserve the profits from this most recent bull period. I also always have 1/4 of my assets in cash in my home or safe deposit box. Sure, it loses value to inflation, but if there’s a run on the banks from pandemic or otherwise, you want to have cash and ideally some precious metals. I also keep a few Bitcoin for speculation and as a hedge, in addition to my other cryptos. It goes without saying that if this really is a happening you should have 3 months food and water, first aid, and home defense to keep your family safe. I don’t expect the US to go Mad Max but it never hurts to keep storable food and just rotate new stock in so you’re not sinking cash into something you’ll never use. As far as housing goes, its very hard to predict that market. It’s very variable based on location and the economy overall. But over the long term, the population of the US is probably not going to decline significantly even with the boomers dying off. The boomer die-off will effect housing markets, and some will sell like hot cakes in areas with high density and employment, but small towns will likely continue to become ghost towns as xers and millennials cannot make enough money to live where those houses are located until they get social security.

>>17391717
>>17392025
Thanks for your input.

I'll be checking this thread until it dies.