/biz/ - Business & Finance

>>51302639
I’d go strategically postal first because I’m hard you can be a bitch if you want.

>>51302639
its obvious that you are a fucking retard who thinks line only goes up and got lucky and i would not hire you because i dont hire retards

>>51302668
glowie glow so bright

>>51302639
Every dip has been a 1-2 year shakeout since the tech bubble
Find a way to survive 1 year
You’ll make it

>>51302723
Not really. My models that were back tested since the 50's all pointed to about a 12% chance of drawdown from all previous recession data. It was extremely unlikely based on history, but alas, I guess this time really was different.

>>51302639
>All the models said recessions don't happen within 2 years of each other on average.
You should probably listen to policy experts instead of bimbos

>>51302639
learn to swing trade
buying indexes is for plebs especially when u arent working 9-5 and can manage ur trades

>>51302639
I moved back to my parent's house and got a government job. Shit is rough bros.

>>51302639
Not sure if you're larping but you're literally me.

>Quit job
>Opened LLC
>Assets in LLC have cratered by 65% even index and boomer shit
>Paid off house but in shit neighborhood, can't move/afford new house
>Not interested in going back to hell/job world
>What crypto I have left is down so much I'm no better off than wagies

I want to minecraft the Fed for what they've done to the asset classes. After selling their own shit for cash of course. They fucked up the rates and are making us pay for their sins

>>51302849
I do find it fucked how a pseudo-government bank can decide if families can work to put food on the table. By creating a recession, they are literally throwing working families on the streets. The older I get, the more I understand how Jackson and Jefferson were right about central banks. They are evil in the very definition of the word and represent how the "means justify the ends" is morally incorrect.

What do we do? Lie on the resume to find a job? I don't even know if I can wageslave anymore after being so fucking redpilled from making it and tasting freedom.

I really think hell is a new torture everyday, or else the pain would eventually get tiresome. This type of torture really does take the fucking cake.

>>51302970
Judging by your stupidity your bloodline would be long gone without being supported by modern society
So I suggest you stop your bitching and start learning a useful skill or stop whining and an hero already, as is your destiny

>>51303219
>Fed shill enters the chat

Good goy

why did you niggers think buying index funds was a good idea for meagre returns AT THE TOP? No different from the dumb LUNA retards who locked their shit up in Anchor. So glad I made the decision to stay fully in cash.

>>51303496
My average buy was about 13% less than index all time highs. In a regular market assuming 7% a year, that’s pretty good.

>>51303713
Are you insane? You buy when it’s near all time LOW not HIGH
JESUS

>>51303861
All time low was hundred of years ago bro
You meant local low

>>51303861
Play the game, see how you do. https://engaging-data.com/market-timing-game/

>>51302639
Is there a reason you're not buying LUNC?

>>51303918
you obnoxious 4th worlders are just as annoying as those retarded bat with dog soulless faggots and thier banned for a reason shitcoin

>>51303713
>In a regular market
We have not been in a "regular market" though? Was the massive amount of froth not a concern to you? The risk/reward just looked hilariously stupid to me for the few % I'd get on 7 figs in a fund, put the time and energy towards a business and learning to trade. Hope it works out for you lad

>>51302639
I'm with you except not applying for jobs. Just burning cash and about to default of some loans. Fuck em.

>>51302639
>I tried applying for jobs last month but with an employment gap now
just lie (freelance always werks) or claim to be completely new at this work line if you can lie about your graduation date
>All the models said recessions don't happen within 2 years of each other on average
yeah, the normal ones, not the fully self inflicted ones

I will send Vitalik to the shadow realm. He needs to be paid handsomely for what he just did. I wish the man to be constricted with love and kisses from a thousand hungry snakes.
I really love him to death.

>>51302639
>put most of the funds into index funds
>down 15%
>obliterated

kys

>>51302970
The victim complex is strong with this one LMAO

>>51302639
>le dividend irrelevance

>>51302639
I was at 3.2 million stocks and crypto when the bubble maxd and for like 5 seconds considered locking in.20/20 ut would have been genius tier, but i never seriously considered quitting, so now im way the fuck down maybe 1.5m, and dca btc and 10% of base into stocks.

>>51302639
>income generation portfolio
>no risk management
How did you make it without learning this critical skill

>>51302639
I quit my job in January with $1.2 Million. Got all out of crypto and mostly into VTI/VOO and AAPL, MSFT, GOOGL, AMZN and some other tech stocks. I now have $930K. Feels bad. Probably have to go back to the cuckcage in a year.

>>51302639
the federal reserve did this to you. if you have absolutely nothing to lose left in your life just remember that. maybe you can go knock on their door for a job, or something.

>>51302639
You're a dumb fuck if you couldnt ee this coming. Print trillions of dollars in months... nothing to see here move along now. Oh, and let's not forget we have a literal retard as president and a half nigger whore for vice president. Wtf anon ray Charles can see better than you.

>>51302849
dont worry too much about the fed and the dxy
the dollar strength is deceptive, it is only up so much because every other currency is crashing first but make no mistake about it they will lose control and all fiat is now in its deathspiral(argument)
either wait it out in cash and try to time the buy in or hold out and dont get shaken for the next months, just drive your col to as near to zero as you can

>>51307254
Why not dividend stocks? As a fellow quitter, don’t you need income?

>>51307924
Dividend stocks are scams. You can withdraw 4%-5% off the index funds and still grow the principal. Dividend stocks generally hover around the same price for decades.

>>51302802
>MUH MODELS
A year ago, two or almost three even, the writing on the wall could not have been any more fucking clear that things were going to get rough macroeconomically. What the fuck is wrong with you chartbrained niggers, that you can somehow bring yourselves to just stare at imaginary lines on a graph while you ignore the most blatantly obvious shit happening in the world around you?

Turns out hodltards weren't so smart they just rode the FED induced ponzi tail end and now have no idea how to navigate a new era of tight liquidty.
GG no re, just REEEE

>>51308370
kek ngmi

>>51302970
Jackson was a Master Mason just like Washington; likely just another LARP. He coordinated with his Jewish "enemy".

>>51302639
>recessions don't happen within 2 years of each other on average
>on average

YOU DUMB FUCKING NIGGER WE HAD THE BLACK SWAN WHICH BTFO 9 FUCKING 11 IN 2020 AND YOU'RE BETTING ON HISTORICAL AVERAGES?

>>51305745
>You can’t criticize the power structures of society and how it effects your life negatively or you have a victim complex

>>51302639
kek i genuinely made this image
glad to see it being used

>>51302802
Your models are garbage. Read Grantham or Hussman. The big crash hasn't even started yet.

>>51314694
Cool image, I like how you put the Ethereum token above his head like the The Sims crystal.

If you put all your money in index funds at the absolute top you're down like 15% max. If that's enough to fuck you over you didn't have a fraction of the money you needed to begin with.

>>51302639
Btw is the worst over? Can I go into stocks now or will everything go down again?

>>51314754
yeah that was inspiration for it, the original pic is just him standing on the rock, also i didn't add the rope when i made it, some anon put it there to fud eth kek

>>51302723
I guess hiring rude niggers with a bad attitude is more your style.

>>51314804
You are aware bear markets can last for years, right?

>>51302802
>It was extremely unlikely based on history
since november last year everyone knew that powell would initiate qt and raise rates, because he told us he would. were you one of the bulltards who thought he was bluffing?

>>51303713
>In a regular market assuming 7% a year
faggot, you bought in after bluechip stocks shot up +200% in 12-16 months. this is anything but a regular market. it was a bubble and a very obvious one at that

>>51308370
The difference is that dividend buyers tend to hold onto their shit for the rest of their lives while growth chasers tend to panic sell and panic buy and end up in the pool of the 95% of retail traders that lose money.

>>51314940
Rates were rising in the 90's as well but there was a massive bull market. Rising rates doesn't always equal a bear market.

>>51315032
Stocks/Buttcorn/Assets can go up forever because fiat inflation has no bottom.