[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 237 KB, 727x868, 1585939373846.jpg [View same] [iqdb] [saucenao] [google]
19537191 No.19537191 [Reply] [Original]

Anyone else here 100% cash? Feeling suicidal

>> No.19537201

>>19537191
dumb wojackposter

>> No.19537217

>>19537201
how can you tell that thats a wojack.

>> No.19537225

100%cash for the past 2 plus years..

Remember In Jan 2018 the DOW was 28,000

Since 2.5 years the DOW is still at 28,000


The Japanese stock market peaked in 1989 and is even today less than 50% from the high it set then.

>> No.19537292

>>19537225
noob lmao

>> No.19537325

>>19537225
congrats on all your last gainz

>> No.19537329

>>19537191
It's clown world. What's the opposite of investing? Holding cash. You'll be just fine anon.

If you need more convincing, remember what Warren and other billionaires are doing right now. Also, dollar milkshake theory.

>> No.19537345

>>19537191
anyone 100% cash deserves to die

>> No.19537351

>>19537191
Feeling comfy. Watching the emotional turmoil all around. The amount of hope fumes in the markets mixed with engineered civil unrest. Jews pulling the masses at both ends. Will it snap?!

Who needs sportsball with this much entertainment?

>> No.19537355

>>19537329
But when is it gonna go down man? Everyone on biz and all my friends making sick gains and I'm just on the sidelines like some cuck

>> No.19537386

100% cash from stock
75/25% from crypto

Let's go down baby

>> No.19537391

>>19537355
They'll probably hold through the crash like they did in March and never realize the gains, if they're even investing and not larping.

>> No.19537404

>>19537355
It is not gonna go up or down.

It is gonna go sideways for a decade. ( For the simple reason no one is expecting this to happen )

>> No.19537406

>>19537345
>how dare you not be commited to retardedly overvalued markets!!
>retard

Wow. Convincing.

>> No.19537433

>>19537355
>But when is it gonna go down man?
next week

>> No.19537446

>>19537355
Silver and Gold. Insurance on your money while you wait.

>> No.19537517

>>19537355
No reason to feel bad about not catching this gain. It's not following any technicals like p/e ratios. The market is overvalued when marketcap to GDP is 120%...we are at 150% now.

>> No.19537742

>>19537217
by having eyes

>> No.19538066
File: 50 KB, 657x527, 1590613876784.jpg [View same] [iqdb] [saucenao] [google]
19538066

>>19537433
Wasn't it meant to be this week

>> No.19538152

>>19537191
Even though the financial assets are up, the real economy is hurting.

I bought a Rolex off a friend for ~70% of its value. He needed money to pay his bills because he lost his job.

Plently of bargains out there. I'm emailing real estate brokers lowball offers for land in areas with development potential (Scottsdale, Denver, Charlotte, etc...).

The next few years are going to be rough. I wouldn't be suprised if unemployment rate U3 is still >10% at election time, and if Biden wins the economy will likely tank.

>> No.19538175
File: 123 KB, 1440x1715, b80.jpg [View same] [iqdb] [saucenao] [google]
19538175

>>19537191
same bro, same

>> No.19538342

>>19538152
>Even though the financial assets are up, the real economy is hurting.
Missed the bull cope.
>I bought a Rolex off a friend for ~70% of its value. He needed money to pay his bills because he lost his job.
Your friend doesn't buy stocks and isn't a part of the "real economy"
>Plently of bargains out there. I'm emailing real estate brokers lowball offers for land in areas with development potential (Scottsdale, Denver, Charlotte, etc...).
Only truth posted. Although the real estate deals will really be here when forbearance defaults occur towards the end of this year into next year.

>> No.19538364

>>19537225
Japan's economy failed because the people in charge wanted it too as a kind of honorable sacrifice since they wanted to restructure the economy of the country. The US culture isn't like that we will deficit spend and subsidize mickey dees until the end.

>> No.19538513

>>19538364
This guy is correct and knows all about the Princes of the Yen:
https://www.youtube.com/watch?v=5-IZZxyb1GI

>> No.19538584

>>19538364
>samurai honor

Ok...

Truth is demographics + unlimited currency creation by Central Bank.

The Central Bank controls everything.

>> No.19538612

>>19538513
Think you need to watch it again...

>> No.19538660

>>19537517
This.
>>19537355
Just trade the volatility. I just made 17% unloading NCLH from yesterdays purchase. I have no faith in the airlines, or cruise ships, they're fucked, but the lemmings love them. Ride on the backs of these mouthbreathing lemmings. Overvalued markets with no anchor to reality have wild swings. This is a great time desu. We need more plagues and cop shootings.

>> No.19538676
File: 253 KB, 1080x2280, Screenshot_20200605-122925_thinkorswim.jpg [View same] [iqdb] [saucenao] [google]
19538676

>>19538660

>> No.19538844

>>19537191
nope, mostly in PMs, but the dead cat bounce looks like a MARKET PRICE RECOVERY, definitely not an economic one.

what we're seeing here is bear capitulation, and I'm basically with them. I don't get it. now I'm afraid to touch these prices. it doesn't make any sense to me.

the stock market isn't connected to the economy at all as it turns out. wish i knew that walking into this dumpster fire.

>> No.19538922

>>19537517
i didn't realize this before but fundamentals literally don't matter. why bother with them

>> No.19538999
File: 108 KB, 602x403, bull-trap-61129.png [View same] [iqdb] [saucenao] [google]
19538999

>>19538922
>fundamentals don't matter

So we're in a New Paradigm?

It's clown world. Stay out.

>> No.19539165
File: 123 KB, 750x1024, chekem.jpg [View same] [iqdb] [saucenao] [google]
19539165

>>19538844
>>19538922
>>19538999
whoa, check em

i don't get it man. i feel like i'm being punished for having a brain. if everything is overvalued is it really overvalued? i mean, I am literally losing money because all that cash being printed off my back (tax payer) is being injected into the markets. i don't know when it happened or if it's even unusual but there is no correlation between the economy and the stock market.

>> No.19539697

>>19539165
Someone explain this to me too. I've heard it said like this: The market is not the economy, and the pumps are going into the market, not the economy. So, when is it going to reflect? Or are we going to go on a wild ride where we pretend this is all fine until there's a shattering collapse and return to actual value years from now?

>> No.19539839

>>19539697
We will never return to “normal” we are in a new normal. It is going to be terrifying, mass starvation and looting. We’ve only seen the beginning.

>> No.19539868

>>19539697
when the fed slows down printing, look to get out

>> No.19539994

Stock portfolio has held min 80% cash since oct 2017. Down 10k since ath
Don’t know how to invest in this clown world.
Crypto portfolio doing well. I just buy and hold though.
Don’t know what to do
>keeping It in cash seems bad
>buying stocks seems bad
>buying a house seems bad
>buying crypto seems bad
I still buy the crypto though.

>> No.19540321

>>19537191
Bump

>> No.19540533

>>19539868
Will they slow the printing? Or is the US market jusy gonna zombie off for decades to come? Genuine question I think everyone is asking.
Personally, I dont think they will stop the unmitigated asset purchases. They may just expand their purchases to everything, anything. Blackrock already buying shares with fed money anyway.

>> No.19540631

>>19539994
I'm sorry but to me, only this guy gets it: >>19538660

In thoses times we must trade volatility only, stay in cash, buy the fear and bounce with the sheeps, then get out with reasonnable profits

>> No.19540787

>>19538922
Just buy whatever is low....everything is "bullish"
I could have swung the stocks in 3 fucking bankrupt companies this morning and profited....
I can't wait for the day the check that is propping up this house of cards is cashed

>> No.19540827

>>19540631
Yup. Sitting on the sidelines because things are choppy is a wasted opportunity. Good money to be made trading. When I buy shares in a bullshit cruise line, I know theyre bullshit; but the lemmings love them.
But there is still that fear of the rug being pulled out from under everything. Feels Like dancing on thin ice.

>> No.19540879

>>19539165
At this point just wait there will be a correction

>> No.19541016

>>19537217
it's dark wojak
I guess you weren't around during the 2018 crash?

>> No.19541066

>>19537225
Guys like you should just buy an international index und lol. You've already missed out of lots of gains and dividends. On top of that you're losing 2%+/ year to inflation.

>> No.19541090

>>19537191
yes I am 100% in cash
I have 500000€ in cash and own zero stocks or bonds.

>> No.19541230

>>19541090
Switch to USD

>> No.19541382

>tfw nervous schizo

I can never convince myself the stock will do well enough, forever 100% cash. It’s a rough life

>> No.19541533

>>19539697
Do you remember the “jobless recovery”? Get ready for the job- and earlingsless “recovery”.

Stocks evaluations are supposed to be a mix of fundamentals (owning them is profitable) and speculation (selling them is profitable). Because fundamentals have been shit since 2008 and before, the “jobless recovery” was a step towards less reliance on fundamentals and more on speculation. Currently we’re taking an even bigger step in that direction.
What it means when the stock market becomes pure speculation with zero backing from the economy, is that stocks try for the abstract “store of value” use case, competing with bitcoin for that niche. Stocks, however, are a bad match for that use case, with no clear advantage of one fundamentally unsupported stock over another, no hard caps on supply and a much bigger risk of actually going to zero than bitcoin.
Tl; dr; stocks are fucked and it’s the bulls that are killing them.

>> No.19541662

>>19541382
are you me?

>> No.19541745

>>19538922
> i didn't realize this before but fundamentals literally don't matter. why bother with them
The stock market is a derivative of the economy. The idea that the stock market could survive on its own atop a dead economy is asinine. Anyone investing on that theory is about to learn a hard lesson about reality.

>> No.19541811

>>19537191
So I was like 50% cash until today, now I'm like 70% cash, and unfortunately 15% is in Bitcoin, so that's only about 15% of my wealth left in the stock market. It was 35% earlier today though.
I'm convinced this is the fucking top for a while and I will start DCA into dips again later.

>> No.19541954

>>19541745
I posted this in another thread but basically:
>Interest rates and savings are not the main factors dictating the US economy, but rather aggregate demand is. The government can effectively smooth business cycles by running deficits. The debt this generates does not matter since it is denominated in USD, so long as inflation is controlled.
Inflation will be kept in check as aggregate demand continues to return to normal levels. Also, equities markets always react quickest due to their high liquidity - the broader economy will soon catch up

>> No.19541990

>>19541662
we are one in the same, destined for suffering

>> No.19542027
File: 238 KB, 1440x2751, Screenshot_2020-06-05-15-05-34~2.png [View same] [iqdb] [saucenao] [google]
19542027

>>19537191
Feeling good rn

>> No.19542104

>>19541954
This is only true when the economy can be helped by the stock market, which is supposed to be a mechanism for allocating capital efficiently in the economy. When either the economy is in such a bad shape that money infusion can’t save it, or money is being infused inefficiently due to too severe a disconnect between the economy and the markets (people invest on the general theory that stonks go up rather than trying to funnel their money towards the place they do most good for the economy), increasing stock prices will not be enough to save the economy, and when the economy is bad enough, the stock market falls. Both of those criteria are currently true.

>> No.19542123

>>19537433
I've seen this "next week" being posted for over a month. Our markets are just as worthless as cash anyways

>> No.19542140

>>19541090
Do you keep your cash diversified at all or only eur?

>> No.19542216

>>19542104
This is why I have mixed sentiment. Is there a specific indicator(s) you're watching?

>> No.19542295

>>19541016
>dark wojak
it's blackjak

>> No.19542354
File: 27 KB, 720x540, 67454342435456.png [View same] [iqdb] [saucenao] [google]
19542354

>>19542104
>>19542216
A reduction in monetary stimulus might be the necessary catalyst. I heard the Fed plans to decrease their buying from $2.4 billion to $608 million per hour in these next couple of weeks.

>> No.19542564

>>19537191
Yes, but I'm about to put a large downpayment on my first home.

>> No.19542585
File: 61 KB, 1720x1968, untitled-4.jpg [View same] [iqdb] [saucenao] [google]
19542585

>>19537217

>> No.19542628
File: 53 KB, 423x550, 348EF386-BA57-4B42-8DCB-E5B4AA8E47A5.jpg [View same] [iqdb] [saucenao] [google]
19542628

Redditor

>> No.19542660

>>19537191
Im reaching levels of cope that should not be possible

>> No.19542710

>>19542354
>$2.4 billion to $608 million per hour in these
>per hour
is this true?

>> No.19542751

>>19542710
how do you think they got their balance sheet to top $7 TRILLION?

>> No.19542784

>>19542564
Much worse. Wait one year.

>> No.19542832

>>19542354
holy fuck
https://www.marketwatch.com/story/fed-ramps-up-corporate-debt-purchases-as-balance-sheet-increase-to-71-trillion-2020-05-28

Article was May 28. Since Mar 14, 44 days, 1056 hours, 7,100,000,000,000/1056

$6.723 billion per hour on average

>> No.19542905

>>19542832
and bears get called low iq for calling the markets fake...