No. Just forgot a comma while using really bad grammar.
The Economy (2020/21)
- Thread starter rideit
- Start date
You are saying that the overall value of things will be decreasing? I can see that happening in the urban/tourist housing bubble. Or is this beginning of a nasty recession?
No way in a billion years would I walk into a purchase now.
Though, to be fair, I've been saying that for at least 5 years now, so WTF do I know?
Dammit this sucks.
If your buying a home to be a home, loans may historically cheap and that's good.
We have been waiting the last 4 months while a piece of property has been tied up in a feasibility study. The study ends on Wednesday. Luckily we aren't in a tourist or urban community so we haven't had the terrible bubble experience.
Nick is right. If your intention is to stay (yakistan?) long term, you maybe don't need to care about future fluctuations in value. The market may tank and you could be upside down for a while, but if you don't sell, you don't lose. If rates are <3.5%, we aren't liable to see that again in our lifetimes. By the time you run out a 30 year loan you almost HAVE to be ahead.
Yeah we are hoping to dig in for the long haul, I never liked the idea of flipping houses for quick profit.
So much #winning the market tripped another breaker this morning.
Edit: Is there a mechanism for stopping trading if it goes UP too much? I mean, that could be irrational too, right?
Edit: Is there a mechanism for stopping trading if it goes UP too much? I mean, that could be irrational too, right?
that's just capitalism at work
this is full on black Monday shit this morning. 
Aww shit....... Pushing 13%!
dude the S&P is down over 11.
Yeah... Remember what I said about volume last week? This is why it's important. Until we have up on volume, it doesn't matter.
Cross-post from COVID19 thread:
Russell is down 12%. That's whole market. Party's over boys; recession has begun.
18,000, here we come!
ELI5?
Now that I’m funemployed, I guess I’ll go travel the world.
Flights are WIDE open!
like the S&P is the largest companies, the Russell is the small cap stocks.
Today, every company (effectively) is sinking.
Silver lining!
Bootstraps, folks. BOOTSTRAPS!!
My Caterpillar stock was up slightly when I looked earlier if we still had any airlines.
I guess everywhere will need dozers for the pits...
I don’t know why, but this actually made me guffaw and truly LOL
I don't really see how my company can move forward without significant layoffs. We have a grading system so I know that at least 60% of my job category would go before I would, and I don't see that happening, unless we are talking end of civilization. Either way I can run off of savings for at least a year and I have more than enough bikes and bike gear.
Dow this close ----> <---- to 13%
But NOT 13%! Dunno what everybody is getting all worked up about. It didn't even go down 13%!!
BIGLY!
Srsly - it's not like productivity, at this point, is going to be noticed.
im even working from home. My company's on that DJI and down over 30%ytd.......
if the trump era wasnt a wierd new normal, now really is. wish i had more cash.
