/biz/ - Business & Finance

it's just the start and means bad times ahead

I don't get it.

>>17711826
Bear trap, the market has yet to go truly parabolic

>>17711826
>Not adjusting for inflation

not realising that the economy has an insatiable need for growth and any back pedalling at all is bad, at least in the short term

>>17711826
Maybe it's the vertical nose dive at the top right of the chart.

Catch that falling knife

>>17711826
>dude just hold for 15 years lmao

>>17711826
>I fail to see the 6.50% one-day drop
put on your glasses, Grandpa pls

>>17711947
On the contrary. This will make some people insanely rich. Don't you realize what a lucky break this is to buy cheap?

>>17713056
>buy cheap
>die from starvation and disease and nigger riots

B-but at least i bought cheap!

>>17713151
>/biz/

>>17711826
You have to adjust for inflation. The data here isn't current, but notice how the great recession set the relative value of the dow back the mid 90s. That's what people are worried about friend, losing a decades worth of gains over night.
https://www.macrotrends.net/1319/dow-jones-100-year-historical-chart

>>17713151
Mhm mhm, go to your preppier hut in the woods then, Anon. The rest of us will keep thriving in the meantime.

>>17713056
yeah it's great for traders but not so for most others

>>17713056
This. Some people will make a lot of money over this. Even conservative blue chip investing will net you 30% a year for the next few years instead of the usual 5%. It's only assholes with 96 month car loans @12% and other hedonistic tendencies that will get fucked by this.

>>17711826
such a huge dip is not normal, anon

world production is down so now can buy shit due to corona in china + saudis are fucking over the oil price

>>17713316
Who keeps 'most others' from buying too? Nobody.

number go down

>>17713333
witnessed

>>17713261
>thriving
If this casino breaks society none of you will

>>17713718
Yeah... you know, you're not new. I've heard that sentiment for about 20 years now. I guess 20 years ago I first started paying attention to it. Keep believing what you believe Anon. I say it's bullshit, though.

>>17713778
Theres a lot of ruin in an economy. Don't get me wrong I'm tempted but I'm not sure I could live with the knowledge

>>17713247
That's what's going to happen.

>>17711826
imagine if it goes back down to 2008 levels .

>>17711826
Same here. The panic seems artificial, I can't imagine any investor that is currently in a loss, unless ofc retarded gamblers like "institutional" investors

>>17712369
gonna need to hold for 30 years once this bear market is over.

>>17711826
You could buy entire countries with the money that was exchanged to bring the entire market 6% down. You just don't know how to put things into perspective.

its just an excuse to take profit.

>>17711826
>Adjusted for inflation
This is what the real chart looks like.

>>17714386
And? Still nothing to panic over. Guess swingies gone rope soon.

Adjusting for inflation, you've lost 3 years of gains this month.
You know, no biggie.

>>17714424
Anybody that started investing 3 years ago, calculated with those paper gains as real profit and fucked himself in the ass for applying institution like "risk" """management""" has no reason to complain. Stop trying to shill for more bail outs loser gamblers

>>17714405
The point is there has been massively volatile and huge drops and bear markets are common.If you invested before the Great Depression it would of taken 50 years of holding to get your money back. If you invested in the 1960s you wouldn’t break even again until 20-30 years later. Looks like we are heading into a 20 year+ bear market.

Also the Dow Jones is like btc in a way while every individual stock is like an alt. Alts always crash way harder. If we are heading into another bear market expect a slow decline into low 10,000 range while most stocks drop over 90% except some big blue chip stocks.

>>17714386
Wow, amazing how less real gains there were actually made in the 2010's.

>>17714565
That's assuming your stock doesn't jump due to the business you've invested in.

I'm not worried.

>>17714577
You forget about dividends. Dividends have reached a point now, where an investment of 1,8 or so mio in different stocks (no matter what the course does) will grant you a yearly gain of 60k plus.

>>17714565
Okay, that is all fine and dandy and still, if one applied intelligent risk management this shouldn't be an issue, no matter if crypto or stocks, bonds, notes... Anybody screaming doom and panic has either not applied good risk management or is trying to provoke some bail outs on a tax payer dime. In either way good riddance gamblers, get fucked institutions and let the Monopoly businesses that survived on stock rebuys die.

>>17711863
This, it's going to 0 and we're all gonna die

>>17714565
The problem is that people have no where safe to put their money without inflation eating it away. Interest rates will be ZERO by December and stocks are looking dismal.. What will happen next is a huge run up and eventual collapse. It will truly be EPIC. People dont want to put their money in a bank if rates are zero. ANd banks cant take on lots of credit risk. Its all just a matter of time before this fake shitty system implodes. Boomer bankers literally robbed the world blind. It was all a sham so they could get filthy filthy rich.

>>17714562
>Anyone who lost less than me is a complete retard
I've sat out for the past year, but the general population isn't that smart. Fuck all kikes and their games.

>>17713151
If you think you're going to die anyways then what would it matter if you bought, might as well take the risk. And yes you would die in a societal collapse
>implying any autistic loner neck beards from 4chan would survive a single wave of nogs looting their city/town

>>17714749
No, no no no. Fuck the faggots that are too stupid to understand what they do and/or gamble with other people's capital. No bail outs or help for them, nature should take care of Darwin award contestants

>>17711887
who is this mexican taco slut

>>17711887

How much Db calls for her

>>17714275
It should go back to 1998 levels. This whole market doesn't make sense otherwise.

https://www.youtube.com/watch?v=ec0XKhAHR5I

Be the one to have your son be the fortunate son, faggots. It is here right now. Lying there in the open, for woke eyes to see.

>>17714878
They don’t disappear.
Nature doesn’t “take care”

https://www.youtube.com/watch?v=TRaMPrdKCAI

>>17711826
Have you ever heard of a margin call? The whole world's about to get one.

>>17716066
No. You just hope for it. That is not a fact. That is you hoping. Or secrectly wishing that your prepping will have finally paid off. Reality is different. Reality is, that yes, this virus has the world economy slowed. Yes, this virus is being hyped by media to a point where FEAR breaks out. Yes, all that happens.
But what you got wrong is, that it is the best thing that could have happened to the economy. You will see. Amplifier. And booster. And soon clear even to you

>>17713056
which stocks/crypto are you buying anon?

>>17711826
Literally nobody here was born before 1985 here. Most of you faggots aren't even 90s. Most of you faggots were born on 2000s.

>>17711863
/thread
At least the boomers are going to die faster. The medical kikes kept my grandparents alive and suffering to 90+ while charging hundreds of thousands of dollars to tax payers to do it. This is the world we live in and thank god it's about to collapse.

>>17711826
>>17717854
Old fag here born in 1979,
All I can say is that you need to buy the fucking dip
What ever fucking dips buy it, Houses, ETFs , stocks, anything that is going to dip over this make believe panic, No matter what the feds will just do a 2008 bail out.

>>17717854
That might be true (see prevelance of 'alot') but I for one am 29 at least. I'm tired of slaving for kikes and will probably kill myself before I turn 30. kek to everyone who didn't prep with an exit bag apparatus plus firearm (because if you are actually hit with pneumonia, you'll need the gun).

stop panicking guys

the markets make 8% after inflation in the long term, this is just a time to buy some cheapies

BUY BUY BUY

>>17717901
How are they going to bail out the banks again? All of this is a ponzi scheme on the verge of collapse. Look at our national debt.

>>17717901
>in his forties
Got a qt yellow wife?

>>17717988
>he doesn't know that the return on all assets returns to the risk free real rate of return

>>17718008
>Print More Money

>>17714386
Jesus the crash of ‘29 looks fucking insane

>>17718035
Yes but unfortunately the few times I almost made it I had to start over again. So keep pushing over and I advise everyone here to KYS on the last day of being 39,

>>17717387
I shouldn't tell you... because as soon as I would, it would be called shilling, or sewing, or whatever else.... but it isn't that hard Anon, right now, in a week, you buy any blue chip safe stock, and it will be a win

>>17717901
There's already anons buying this early. If it turns into not a big deal theyll make easy money. Turns into a big deal and we still likely have a way to go down especially considering how many are
>"its dipped buy now!!!!"
The fact they still think they can make money soon is what makes it clear that if it turns into something big we will crash further

>>17718057
>I advise everyone here to KYS on the last day of being 39,
That bad to be in your forties? From which asian country did you get your gf's?

>>17718170
old fag here born in 1972..hi faggot... they call us boomers these days, not realising that our parents are the boomers.

>>17711826

>>17719156
Hi, I am not officially allowed to be racist. But . What the fuck is this nigger shit?

>>17711887
>he didn't reinvest dividends

>>17711826
is it required to be absolutely economically illiterate to post on /biz/ or is that just very fashionable?

>>17713056
good for traders and institutions, but i feel so bad for people with 401k's. Especially those that pull it after the market loses 20-50%. Shitt.... feels bad man.

>>17713247
Good point. So where do you think the bottom is? 12k?

>>17720780
It is neither your, mine, or our fault if people do not inform themselves.

first celebrity to get it?
https://www.independent.co.uk/news/world/americas/tom-hanks-coronavirus-rita-wilson-wife-positive-covid-19-a9396091.html

>>17720960
good

>bottom

>>17720960
That pedo child pic shoe poster deserves it.

>>17711826
I certainly am glad that I've bought all the way back before 1985.

>>17721143
https://www.youtube.com/watch?v=pVgQTMSPy_4

>>17715984
holy fuck this is based

>>17721072
Kek

Twitter does ban you though now, just for saying Men are not Women. We gotta fuck shit up. We gotta get this world straight again!

>>17721290
Fuckin A

>not enjoying the bottom so you can cash in when the stock corrects itself
ezpz

>>17714714
Buy real estate.

I'm retarded what blue Chip stocks should I buy? I'm willing to play the long game so

>>17711826
boomers are exit scamming

>>17721072

BASED

>>17717901
Even olderfag from 1977.

I was there watching in 2008. I was there watching in 2000.

Same shit, [CURRENT YEAR].

Zoomlets think that everything that happens is the BIGGEST EVARRRR "the turning point," "the beginning of the next great..." "the end of the age of...", etc., because they've never actually lived through a happening before.

Not that this isn't very bad, and it's definitely a happening, but ultimately it's just another-one-of-these again.

*ssss-iiiiipppp*

>>17721072
holy shit, very autistic and very based

>>17721072
based as fuck

>>17711826
It hasn't even begun.

>>17718088
CHAINLINK LMAO NO

>>17714707
>we're all gonna die
No such luck, mate.

>>17721072
>/biz/ buys in, "it can't possibly go lower"
All a bucha wusses on this board, so that's probably true.

>>17722056
LMAO yes. You lil pleb.

>Fastest 20% drop in history
>Multiple 1000 pt swings
>Companies loaded up on debt
>Fed already has interest rates near zero

Yeah what's the big deal anyway.

>>17722635
Aren't we technically (if its at the same scale has the last few) 50% of the way into a GFC style event already? .....and a recession/depression or poor economic data hasn't even come through yet as a consequence of whats going on

I mean a 25% drop in 2 weeks is technically a market crash, and they've officially labelled it a bear market because its >20% (i think thats the threshold yeah?)

>>17711826
The graph is not up to date. The last point is 25864 while it says 23391 at the top.

>>17723472
that's because the max and other long term graphs don't update as quickly, if you click 1 day it shows the same 23391 price and is updated live. The longer term graphs aren't updated in real time, more like daily/weekly/monthly etc

>>17721072
BASED

>>17711826
zoom in