/biz/ - Business & Finance

DING DING DING!
How did it go today, anon?

In board rooms all over New York right now there are stern men with deep voices saying "we are selling to willing buyers at the current fair market price, so that WE may survive"

>>51162358
Bad. Real bad, man.

It's over

>>51162358
Hey that's me.

>>51162383
He's right this time, trust me

>>51162358
at least I beat SPY

>>51162358
>-4.83% after daily inflation

>>51162383
Oh my god no

>>51162383
EVERYONE ABANDON TECH STOCKS I REPEAT ABANDON TECH STOCKS

>>51162341
URANIUM CHADS HOW ARE WE FEELING
>tfw +8.8% today

>>51162358
An honest days work :) sold a call on BBBY too.

>>51162358
>>51162406
pic related

>>51162341
TSLA needs to die before the market can heal

>>51162362
>Do you know I moderated an imageboard once?

Sorry?

>A board.

No, I didn't know that.

>I was a janitor by trade.

>It went from Page 1 of /a/ to Page 10 of /xs/. It spanned nine hundred and twelve pages across the catalog. 12,100 people used this thing a day.

>And it wasted thirty-five minutes of time each day between people taking a shit and crossposting to reddit.

>That's a combined 847,000 minutes of posting. A day. Or 25,410,000 minutes a month. And 304,920,000 minutes a year. Wasted.

>Now I moderated that board starting in 2006, that's sixteen years ago. So over the life of that one board, that's 4,878,720,000 minutes that were completely useless. At, what, let's say fifty IQ points a poster? So that's, what, that's uh... 4,065,600,000 IQ-hours, or 169,400,000 days. So that one little site has cost the people of those boards a combined 3,094 years of Einstein level thinking, wasted checking dubs. Three thousand and ninety four years.

>>51162358
Up .62%. AIgmi?

>>51162358
I'll take 1% any day, but damn, I was expecting the vix to print...

What kind of buckbroken individual becomes a financial journalist and publishes their shitty opinions?

>>51162419
I sold my CCJ like a retard

REEEEEEEEEEEEEEEEEEE

>>51162441
Someone like Mr Baggot.

>>51162358
>How did it go today, anon?
Nicht zu super :(

>>51162407
This gif never gets old. I hope you beat daily inflation one day mad roidballer

>>51162472
you VILL vash your clothez in ze dark
and you VILL be happy

It’s really over for the Siggers, isn’t it?

Today was faker and gayer than your average /smg/ poster

>>51162383
It’s fucking over!

>>51162459
Yeah if you guys are interested i'm doing another Ancient Knowledge Podcast tomorrow night.

>>51162486
>he doesn't know the DXY is poised to visit 150
>he doesn't know what this means for his pathetic life

>>51162436
Kek. I watched that movie for the first time recently.

>>51162383
https://www.youtube.com/watch?v=V9EbPxTm5_s
>tech stocks are fine, don't move your money, that's just being silly

>>51162500
The top is in

>>51162486
everyone posting in this thread is a bot, so it can't possibly be faker than the average /smg/ poster

>>51162477
Jim Brandon just needs to UNFUCK our economy.

>>51162485
Hey, there's always the chance it mutates some smallpox-esque supermutations. Maybe in the Ganges or something.

Crab today,dump tomorrow

>>51162436

>>51162341
semis green tomorrow? please?

Bought some RAD at $7.40 and it's been cruising in the green while the rest of the market is tanking :-)

THAT SHIT WAS FAKE AND GAY GOD DAMNIT!!!!!!!!

>>51162503
No one cares baggot

>>51162362
what are they selling

>>51162358
I lost 13 dollars

>>51162485
Not entirely. School is about to begin and FDA approval later this year.

>>51162550
>green

I'll load the homosexual boat at 14.5

>black guy on cnbc saying Fed wont pivot
BUY BUY BUY!!!!!

>>51162508
I get my very own finnish femboy slave

>>51162561
well fine i guess you can get fucked by this market idgaf, i'll be over here with my listeners making money.

>>51162587
Powell isn't black

>Elon Musk tells Norway energy conference he is aiming to have Tesla's self-driving technology be ready by year-end

HOLY SHIT MUSKBROS IT'S FINALLY HAPPENING

>there are people who shorted the bottom of oil
Ouch!

>>51162607
>Tesla's self-driving technology
Who gives a fuck

Uh Bezos bros?!? Does he just not give a fuck anymore and giving up on life?

>>51162607
how many years has autopilot been one year away?

Why is BTC up 3% on the daily?

>>51162618
In this day and age, there is literally no reason left to not give up on life.

>>51161996
>>51162028
This.

>>51162618
>EAT THE SLOP, JEFF

>>51162607
>Promised fully self driving cars by le science fags by 2019 back in the day
>Still only have level 3 automation at best

>>51162607
>4 people on bikes were killed by Tesla autopilot since the creation of this post

>>51162620
2 weeks

>>51162567
All of it. Tonight.

>>51162602
Then why is his name Jerome

>>51162607
YOU NEED MORE BELIEVABLE LIES MUSK THIS ONE HAS GOTTEN STALE YOU OBESE FAGGOT AFRICAN SCAMMER

>>51162620
When will they actually start delivering the biggest meme-mobile in history, the cyber truck

>>51162618
>job
Surely this is a joke,has this dude ever done any work?

WHAT DID THE SPIDERS DO?
https://youtu.be/up3RSFGCUpY

>>51162618
Some slop from time to time never killed anyone as long as they still exercise

>>51162670

Is that even possible, Sam?

>>51162655
I don't get the reason for auto pilot. Just give me a cheap fucking hybrid and I'm good.

so why the btc has decoupled? did something happen in the crypto world?

Invest in foreign markets they said. Past doesn't predict present they said. My losses on VTI equal my losses on VXUS today even though my vxus is only half of my VTI holdings.

>>51162699
Decoupled from what? The only thing weird in the crypto market right now is that ETH is still up. And that's bullshit merge hype that will die in September. Just be patient and keep buying more BTC slowly.

>>51162699
>btc has decoupled
If true, that's extremely bullish for crypto.

>>51162717
The merge seems so fucking stupid. It does nothing but let them jerk off about "clean energy mining"

I went all in on REI. I did zero research, I just remember that /smg/ mentioned it in past. So far I'm down 1%, AMA

>>51162383
Jesus tapdancing Christ - praise be HIs name - it is fucking over for you SOXL faggots.

Every day, before I enter a trade, I ask myself, "What would I do right now if I was the biggest fucking faggot in world? Not just a gay dude - I don't even have a problem with those - I'm talking about the FAGGOTS. The zoomer hair cut having, bussin' saying, did zero research know-nothing 21 year old faggots. What would I buy right now?"

I'd buy Tesla and SOXL. That's what I'd do if I was the biggest fucking faggot in the world.

>>51162723
They could get ESG gibs because it of.

>>51162681
Yeah, that's the guy who founded Amazon. You could have looked up his name you know.

>>51162717
He's asking why QQQ is slightly down on the day but BTC/USD is bigly up. BTC usually trails the market. Did something happen in crypto world to make it break out today?

WHY DID I BUY THE END OF DAY DUMP?!!? IT BETTER BE A TURNAROUND TUESDAY, TOMORROW!!!!!!!!!
Also, why is "the salad" - "der salat" and "the pizza" is "die pizza". Wtf Germans.

>>51162738
It's just a weird way of screwing over miners

>>51162358
Excellent. +3%.

Unvax sperm to the moon.

>>51162695
Yes. But at what cost?

>>51162742
>You could have looked up his name
Why would i do that?

>>51162723
>It does nothing but let them jerk off about "clean energy mining"
Yes, and leftists (the only people who give a shit about energy use) are incapable of changing their minds on anything, so being clean won't matter. They still won't buy into it. That's why the hype dies in September.

>the last time inflation was this high it was the 80s where the fed had to jack interests rates up to 15+%

>>51162681
think you meant to post that on r/antiwork

>>51162770
Ah yes, Jerome "It's transitory haha" Powell will surely do what's needed now!

>>51162770
>it was the 80s
70s*

>>51162358
Up 15 bucks lol

>>51162770
Are there estimates of how high rates can go for the us to service its debts? is there a critical rate at which it fails?

>>51162773
>antiwork
But i do have a job,altho it's part time

>>51162762
>CUMROCKET

>>51162767
You could have saved yourself from looking so foolish

Keep investing anons!

>>51162802
Look at history. Literally the last time it was this high it required 15%. Which is why boomers used to be able to buy 30 year bonds at 15% and chill for life.

Also why everyone is going full cope that its cause "of the supply chain" and not us tripling the money supply

ASMB stock ladies!

>>51162618
Why are nouveau riches like this?

What should I make for dinner guys? I was thinking of grilling steak and having a side of goyslop kraft dinner and like some kind of vegetables or something.

The moon missile launxh is postponed ALMOST TWO WEEKS.

>>51162770
Thing is we most likely can't do that now with how big our deficit is

>>51162798
You're replying to me and I am the one who posted that image on Twitter. Small world.

>>51162833
>why everyone is going full cope that its cause "of the supply chain" and not us tripling the money supply
That'd be really antisemitic of you to suggest bro. Cool it.

Anyone in on nuclear stocks?

>>51162770
An unthinkable rate at this point is like 6%

>>51162853
exactly so its guaranteed high inflation
aka grab your ankles and buy ibonds

>>51162875
funny enough housing is so expensive that 3-4% means most housing investors will liquidate because they can make more money just buying bonds than renting property

>>51162872
Do you count UUUU as nuclear stock?

>>51162817
You're telling me i look foolish here? on an anonymous board.Damn

>>51162845
You're being fed a lie by Jeff Bezos or Warren Buffett whenever they pretend to eat McDonald's or drink Coke. You'll never see them eating it it's all part of the photo shoot to get you to buy more stock.

If I buy MCD I'll be rich like Jeff Bezos!!!111 Meanwhile, he only eats organic food and his competition dies from goyslop, heart attacks, and stock market induced stressors.

Same with Trump. This is the truth.

>>51162830
pass the mayo bernie

>>51162830
>tfw dad keeps telling me to try the lobster even though the entire economy is crashing

>>51162920
>Warren Buffet is merely pretending to drink Coke
>he's actually drinking something much better that only billionaires know about
I kind of wish that were true

>>51162912
Good point, it can still rub off on any arguments you were making though.
Hearing someone accuse Jeff Bezos of never having a job was so over the top that I'm likely to discount any Bezos criticism I hear in the next few days, and mark up any praise. This is something even anonymous advocates should keep in mind.

I do zero due diligence and only invest in companies I heard of and think are cool.

tech trannies will die from starvation while energy chads will inherit the earth

>>51162946
There's no way he lives to be that long while drinking a Coke a day.

He wants you to trade with a Coke on your desk and pump his bags

>>51162846
See you at Mcdonalds.

>>51162920
>Same with Trump
That explains how Trump kept his super lean body then I guess. Definately didn't eat no burgers

>>51162956
>I do zero due diligence and only invest in companies I heard of and think are cool.

join the club >>51162730

>>51162358
not good. lost 3x the amount compared to normal negative day cos i made a miscalculation... also realized my stop losses were cucking me out of profitable plays.

so good learning day yet again.

>>51162952
>any arguments you were making though
What arguments? about what,you're just wasting your time,fool.

>>51162567
Everything.

>>51162968
fuck that, i mean i could pick up lamb chops, i haven't had lamb chops since gookfu's birthday.

>>51162985
>>51162567
https://youtu.be/kVo497mPrNs

>>51162852
>2 more weeks

does this say energy inflation is up 30% for america

I called it to short at 405.70 top tick
hope you all listened it was free money

>>51162631
I was conflicted until I realized the bull run is back on. This is just a bear trap.

>>51163034
I had a bad feeling.

So is the next big event going to be weather or not china collapses? I now the commies well freeze the market so you can directly short Chinese companies but what are some companies that heavily rely on China

>>51162846
You really look at anonymous strangers on the internet as your friends, dont you?

>>51163042
>1 post by this ID

>>51162962
ich bin eine Energié chad, aber auch eine techtranny.
Will I win?

>>51163052
Is there any point to this mission? Anything exciting about it?

>>51163065
OMG BUNNY SEX SEX SEXOOO

>>51162908
Yes

>>51162946
He drinks the blood of aborted chink fetuses

>>51162398
holy fuck she's so hot

>>51163064
well only that one guy who used to tripfag and now posts anonymously, he's my only friend.

>>51162984
>What arguments? about what
You falsely insinuated that one of the most hardworking men in America, who is a household name on account of his previous job, has never had a job.
An insinuation is a type of argument.
>you're just wasting your time
If I find it fun to expose retarded knee-jerk anti-work shills then I haven't wasted my time.
>fool.
Backatcha

>>51163065
>>51158857
told you

>>51163142

>>51163121
Don't listen to the haters. I would fuck my fraudfu so hard.

>>51163142
Not my problem

>>51163055
>the next big event going to be weather
You figured it out on accident, anon.

>brent is almost $7 higher than wti
Someone call the saudis and see if they can do something about this.

You didn't sell your puts,did you?

>>51163221
Ah shit 3 Gorges Damn time.

>>51162572
fuck you!!!!!!!!!!

Holy shit, I just figured out why China hates Hong Kong, they get lunch!

>>51163208
interesting attempt to save face. I thought reputation and credibility were meaningless to you?

>>51163157

>>51163221
We could have 3 hurricanes real fucking soon bro!

>>51163157
Based Hammond of Texas poster
>>51163271
Based Sam poster.

>>51163263
you're just finding out hong kong figured out the jewish tricks that occur during lunch and put a stop to them?

>>51163283
God I hope one of them its where I live...
Unfortunately, I'm near Seattle...
I miss living on the East Coast and experiencing fun hurricanes, nor'easters, and derechos

>>51163283
How long has it been stuck at almost 3 hurricanes?
Two days? Three?
Let's face it, this Atlantic hurricane season is a big nothingburger.

>>51163329
bro if they all fucking form and start circling each other it could summon a super storm from the middle the likes of which nobody has ever seen before.

>>51163358
And the name of that storm? Donald Trump.

I just bought PUTS on Apple, how raped will I be tomorrow...

>>51163339
does he not see the crabbing that goes down?!?!

>>51162770
that's a meme by now. With the amount of debt generated it doesn't take much to cool down the economy.

>>51163339
Based take. I'm scalping for like 1 or 2 mins at a time though.

hwhat the fhuck

Hey guys so where's black Monday? On Friday you were all talking about a black Monday and now it's over and spx is only down .66%. Where's the black Monday, huh? You guaranteed a black Monday but it didn't happen. Fucking idiot.

>>51163358
If low pressure systems attracted each other there would just be a gigantic perma-cane off the coast of Liberia.
The rest of us would have peace, sure, but at the cost of permanent airplane ear.

>>51163425
I would.

>>51163425
>>51163440
>1123 calories
oh wait its the combo I thought it was just one sandwhich. They are fucking delicious.

>>51163320
For every one trade day America has HK gets two, no fair I want American indexs to have lunch.

>>51163430
who are you talking to you sperg

SPY will be going to $300 over the next 3-4 months.

>>51163425
now that's what I call goyslop. niggerlicious/10 right there.

>>51163430
was canceled... there will be a "Turn around Tuesday"

All red days have been canceled.

>>51163459
Obviously you virgin

>>51163425
Just post the in-store prices anon.

>>51163471
im white as fuck but damn I love me a spicy nigger sandwhich.

>Fed guy saying he was happy to see massive market sell off friday
People still expecting a fast turn around of market..

>>51163499
Whomst've?

>>51162855
Kek. I also saved this image from on my phone with the intent to post it on /biz/. REALLY small world.

uh, SIGA sissies? does this mean another bull run starts tomorrow?

>>51163510
Fed member, Minneapolis Fed President Neel Kashkari

>>51163456
we do get lunch though

remember the farty ponies

>>51163528
Only if whoever bought those knows something the rest of us don't... yet

>>51163499
fuck your dips. NQ closes August above 13400

Party City Chads

>>51163528
Probably just some idiot gambling. Daily cases still decreasing.

>>51163536
>Kneel kashkari

I just want my shorts to moon so I can buy a top tier hair transplant.

>>51163493
I feel you. nothing like partaking in niggardry making the Jewish man rich.

>>51163558
>>51163571
There was another trade at 6:56 for 30,776 shares of SIGA. I think the gay sex bull run is resuming

>>51163571
How many deaths?

>>51163582
It seems like for a good one, you have to travel to South Korea: https://www.youtube.com/watch?v=Q65BI_5lul4

>micron to 35
imagine believing this shit

>>51163571
>>51163615
What site did you use to find that?

>>51163554
I only made $50 dollars today because I sold month old oil equities at lunch, no such thing as free lunch. If only...

>>51163647
https://www.nasdaq.com/market-activity/stocks/siga/after-hours

Kek wasn't this stock like $20 last year?

>>51163190
I wish there was deepfake porn of her

>>51163694
I don't know but I like the name.

>>51163562
>Large Bank market projections
The same guys that pretty much all had 5k+ targets for the covid run up, then promptly switch'a'roo'd when it was too obvious it was over.

Party City meme play until Halloween
Barnes and Nobel Education is making money off shitskins by proving cheap digital and globalhomo prints to start their deep clown education.

>>51163190
I get a revolting feeling seeing her. It's the strangest thing how people could fall for her. Its like a weird lizard creature that no one else notices is a lizard.

Uncanny how people say she is attractive or seemed convincing. When to me it's revolting, at first sight. Even her speech is revolting.

I really wonder what brain differences exist that people got scammed by her

>>51162358
Puts and volatility calls were mixed. Can't tell if I'm up or down because my robotic broker has nonsense pricing for options with 0 volume and I'm too lazy to calculate, but probably around breakeven.

>"experts" are expecting inflation to magically fall to 4% by next year and then go back to normal
fucking how
what offsets it

>>51163499
>Our market is controlled by the villain from The Mummy

>>51163787
IT JUST WILL
OKAY?

>>51163787
Wagies asking for raises is the scariest thing in the world.

Anyone else looking at them bonds.

>Another dam has burst, with the two-year U.S. Treasury yield's rise to a 15-year high just shy of 3.50% flooding global markets with extra uncertainty and fear. Not only are they having to adjust to a hawkish Federal Reserve, the European Central Bank also appears poised to accelerate the pace of interest rate hikes. Bonds are selling off globally, the dollar is surging, and no corner of the investment world is being spared the fallout.
>The scale of the two-year U.S. bond yield rise is truly remarkable - a year ago it was as low as 16 basis points, today it nudged 350 bps. With the Fed likely to continue tightening, few would bet against it rising further.
https://www.reuters.com/markets/europe/global-markets-view-asia-graphic-2022-08-29/

>>51162358
>-0.26%

Truly dark times.

>>51163787
nothing. if energy prices don't go up much more, then inflation will recede next year. it's not like we need deflation for inflation to come down, just time and the energy issues to not worsen much more.

>>51163738
I would give her semen, not investment money, anon.

>>51163735
I will try my luck on the paw patrol cupcake holder markets.

Picked up some MCD's today. Even Bezos eats the goyslop.

>>51163558
wow someone really wanted to get rid of their shares and quick. bearish

>>51163787
Interest rates, falling input costs (energy) and the global economy heading into recession.

>>51163829
Yes but I think it's like the dress color thing. Some people or a lot of people can't notice she is insane

>>51163840
>WOAH! HE'S JUST LIKE ME!

>>51163712
yeah island in the sky crackpot shit

>>51163830
>just time and the energy issues to not worsen much more.
Why do you people neglect to make this claim? It's an obvious one, yet all I hear is how we'll still have 10% inflation, next year.

>>51163840

Anon predicted this.

See:
>>51162920

You got social media viral marketed by billionaires. Spit it out.

>>51163738
>It's the strangest thing how people could fall for her

She fucked a Pakistani, it's not rocket science

>>51163858
>falling input costs (energy)
lmfao

>>51163862
Scams are self selecting and also don't need to waste time putting on an air of legitimacy. Also pussy.

>>51163821
>Chart from article

>>51163229
I did. They were positive and expiration was getting a little too close for my comfort

If I ever see this fucking manlet j*w in minecraft..........................

>>51163975
more like crammer

>>51163840
staged photo you dumb rube so Bezos seems "relatable"

>>51163975
Go on. Continue.

Powell is such a fag. No doubt he is instructing the plunge protection fags to prevent dipping below 400. Do as I say…

Uhh, energybros, will this sour the Iran deal do you think?

>>51163975
Thank him for serving Pfizer

Fucking selfish boomers

>>51163957
You made profit,all good.

>>51163982
>>51163986
https://www.youtube.com/shorts/hoypmcijdw8

>>51163840
that was for his 9yo guest.

>>51164002
Literally what did he expect?

>>51164002
this means we're no where near the bottom

>>51164008
What a madman. He can't keep getting away with it.

>>51164002
pretty sure your not allowed to acknowledge a simp by name.

>>51164002
Please tell me this isn't real before I start to get violent.

>>51162802
3% and the market capitulates. Jpow knows this, which is why he talks tough while dragging his feet on the actual hikes. If we get another 50bps hike, expect that to be the last. The Fed will be cutting by year's end.

>>51164002
fucking clownworld bros

>>51163994
The iran deal was over before this. The signal was the tit for tat bombings in Syria.

>>51164056
it's not

>>51164068
Technically because of proprietary software, neither one of them ones the car.

>>51164097

You fags said this was gonna be black monday and all we get this lame ass -1%?

>>51164002
>>51164086
There's something wrong with those people.

>>51164117
The market is forwaed looking and senses a pivot will happen soon, even if we get another hike.

Nasdaq will crash 45% from here if I get double numbers

>>51164145
so close

>>51164138
MM giving the F.E.D. the finger again. Ya love to see it.

>>51164129
>people

>>51164145
>45

aaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaa

>>51164002
Who are these fucking simps? What the fuck do they do for a living? How are they able to spend $70k on a thot like it's a dinner date?
QUI?

>>51162561
I really hate that faggots. I hope he loses everything and dies.

>>51164172
they're not real, the girl probably posts that and it attracts simps to donate

>>51164061
It’ll be a 75 bps hike. They’re trying to slowly make the market comfortable with that idea. Hence why he said what he did Friday.

C&h on TLT?

>>51163994
Its internal Iraqi politics to do with Sadr and the Iran-backed militias. Basically Shia v Shia chimping out between Iraqi nationalism and Iranian influence. I doubt anyone is going to care.

>>51163694
yep, it was a competitor of Rigel last year for COVID therapeutic. Their P2 was denied and sicne then they crashed since they have no alternatives.

Avg cost of two middle income parents to raise 1 kid till kid turns 18 - $300,000.. Yeah and you wonder why the birth rate has been falling like a rock..https://twitter.com/CNN/status/1564357283957678084?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet

>>51164222
>I doubt anyone is going to care.
Until you see US embassy officials fleeing from rooftops.

>>51164186
There was a time people would automatically know you don't trust anything a whore has to say. Social Media really did somehow shut off everyones brains

>>51164172
it's called shitposting and you're falling for it

>>51164207
there is zero reason to invest in treasury bonds in 2022. All the downsides of stocks with none of the upsides.

shorting them is a good hedge tho

is there ever a reason to buy a house instead of renting?

>>51164228
>middle income
>$300k
"Middle income" is $150k each?

>>51164042
Generally you want to use their name as often as possible when speaking to them because it reinforces the (false) belief in their minds that they mean something to you.
This isn't always the case, some people like to be treated like dirt by their supposed superiors because it makes them feel like there is a solid framework of rules that govern their lives.

>>51164192
Still a bluff. If the Fed was actually trying to stop inflation, rates would be above 8% by now. The last time they tried to get above this rate level, the market started imploding and Jpow immediately bitched out and started cutting.

Too bad we killed Saddam.
>After we gave him the green light to invade Kuwait.
Whoops.

>>51164246
I wanted to get some dobermans and you cant really do that renting.

>>51164192
What no one is pricing in yet is that the EU will be hiking 75-100bps in another week.

>>51164246
If you're not a subhuman that moves states every 2 years.

>>51162620
>>51162620
It will happen ones all electric airliners become a thing.

So maybe another 40 years or so.

>>51164246
Independence, privacy, personalization, equity, generational wealth, etc. I could go on.

>futures

>>51163672
How can you tell if they are buy or sell orders. Obviously in this case the SIGA price went up so they were buys, but in general?

>3DPD

>>51164263
>EU will be hiking
Can they even do that without imploding?

>>51164002
I am glad that you cropped his name. Deny him even that.

>>51162699
>btc is up on a single red day for stocks
>"BTC is decoupled!"
nah.

>>51164298
They already did,Christine legarde said it's okay to do so

>>51162724
pretty sure REI is a co-op, not a publicly traded company

>>51164246
Well the old logic was to pass it on to your children, each generation adding to the family's holdings as they could and barring any sociopolitical upheaval increasing the overall wealth and comfort of the family in perpetuity.
This plan stopped really working a long time ago, but it's still nice to pretend.

>>51164298
>Can they even do that without imploding?
That's exactly what the EU elite are hoping for.

>>51164298
they'll try to counteract it by buying bonds of debt ridden countries at the same time, basically tightening for everybody and easing only for italy and friends.
we'll see how that goes, it hasn't really been tried before.

>>51164312
I don't understand. Is it like Oil REIT but without yield? I guess I should read on it since it sounds kinda gay

>>51162724
Have you seen the pickel ice axe in person?

>>51162845
because they are normal people who happen to be rich?

Not everyone has to be some stuffy sheltered aristocrat just because they have some money

>>51164339
I guess they expect one of us to be in the wreckage.

New

>>51164358
>>51164358

>>51164354
nope

>>51164246
>2022 anno domini
>renting a property
L M A O.
Enjoy paying off someone else's home loser.
You are paying off their mortgage, plus profit.
Each month, your rent money is gone, forever, poof.
With a mortgage you are at least building equity.
The only time I would pay someone else's mortgage for them is to pay for a sugar baby

>>51164276
Because every transaction is a buy order and a sell order? Sometimes in /smg/ I feel like I'm taking crazy pills.

>>51164340
Oh yeah """selective""" tightening.

>>51162967
Genetics are real.

Plus, he is still working. Retirement is the biggest killer of older people. There is a reason why the Queen of England lives so long

>>51164276
l o l

>>51163470
I endorse this prediction

>>51163735
glad someone took my PRTY play seriously, nice!

>>51164341
https://en.wikipedia.org/wiki/REI

>>51164376
>he doesn't understand opportunity costs
>he thinks landlording is free money for the landlord

>>51164385
I thought the reason was she's the most badass monarch Europe has had since the days when kings rode out to the battlefield on horse.

>>51164533
Opportunity cost?
You pay more for rent than you would a mortgage
"But anon, the down payment! Instead of putting that 6% down payment on a house, you could be investing that money!!"
the amount of money you are losing, throwing away in the trash each month on rent, money that you will never see again, will always be greater than the money you made off of investing the money from the down payment
>he thinks landlording is free money for the landlord
It is. They have a mortgage for $1300 a month. They charge you $1700. They make $400 in profit a month. They are able to build equity and pay off their home, as well as profit. If there are fixes to be made on the home, they are fixes that needed to be done anyway when they want to sell the house. You are paying off their house. For free.

Rolling for -30% more downside in nasdaq by November