#3556
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Speaking as an economist...
It depends.
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Colnagi Seven Moots Sampson HotTubes LtSpeed SpeshFat |
#3557
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It could crash like the vintage steel market, or could form another bubble (you'll know when your cab driver starts wearing aero socks).
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It's not an adventure until something goes wrong. - Yvon C. |
#3558
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It's a Bubble. Unless one needs the money now, just ride it out and do nothing.
Same as during the tech bubble, financial crisis, pandemic, etc. You will be better off on the other side if you have the stomach to take the ride. For those old enough to remember, include the 1980s savings and loan crisis, 1987 crash, early 1990s "mild recession". Or how about the 1970s Gas crisis...the markets/economy/etc. are cyclical. And no, I am not an economist or professional investment adviser so take this advice at your own risk. I am just a humble "buy and hold" investor for 30+ years. |
#3559
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Quote:
That having been said...I'm all in right now.
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Colnagi Seven Moots Sampson HotTubes LtSpeed SpeshFat |
#3560
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Quote:
I have never tried to time the market and I am not going to start now... |
#3561
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I think real estate is in a bubble. Can't wait till that pops and hopefully they cut investors out from purchasing single family homes. That should help drop prices since 25% of all single family homes is bought by these guys. Middle class families can't compete. Nobody except rich SOBs can afford a home right now. Even the rent is too high.
Last edited by MikeD; 05-18-2024 at 11:08 AM. |
Tags |
economy, freemoneyhouse, game stop, i like this stock, stonks, wealth |
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