Are we in a bubble?

[gfp]

1 minute ago, Blake Hampton said:

A fiscal crisis would make 2008 look like a walk in the park.

Cash is not trash.

 

What are you gonna do when your stopped clock is finally right one day?  You won't be able to go shopping with both hands out because you will have no experience actually investing successfully in the stock market and won't know what to buy or how to buy it!

 

The time to build that experience is today so you are ready on judgement day or whatever you are predicting.  

[thowed]

I am trying to tweak my portfolio to be more 'what if I'm wrong'.

 

As I'm naturally cautious, this means I will have to buy more risk - it feels crazy, but...

 

WIIW?

 

And being cautious for the past 17 years has been wrong.

 

Being too opinionated is the biggest issue, unless you're Druckenmiller etc.

[Libs]

55 minutes ago, gfp said:

 

What are you gonna do when your stopped clock is finally right one day?  You won't be able to go shopping with both hands out because you will have no experience actually investing successfully in the stock market and won't know what to buy or how to buy it!

 

The time to build that experience is today so you are ready on judgement day or whatever you are predicting.  

 

This.

 

Build your investing  muscles now.

 

Trading 60 cent dollars for 25 cent dollars is where you crush the indexes. This happens in panics. But you have to put in the work ( and pain) now.

 

 

[Lazarus]

1 hour ago, gfp said:

 

What are you gonna do when your stopped clock is finally right one day?  

 

He will think that the market has further to crash and will continue to horde his cash. Blake is Dunning-Kruger personified but he doesn't realize it and is too stubborn to learn. 

 

From the bottom of my heart, Blake - give up on trying to outsmart the market, and even give up on stock picking. Instead, just follow the Boggleheads / John Bogle approach: DCA into an index fund, ignore the news, and focus on your career instead. That's what Warren Buffett suggests for the average investor and you claim to love Buffett's advice. In 30 years, you'll be decently wealthy and you'll thank yourself. 

[Spooky]

5 hours ago, Blake Hampton said:

A fiscal crisis would make 2008 look like a walk in the park.

Cash is not trash.

 

Let's say you're right and there is a fiscal crisis in the US which leads to hyperinflation like in Argentina or the Weimar Republic - you certainly do not want to be in cash or bonds. You want to own real assets like real estate or companies that have pricing power. 

[Paarslaars]

Fidelity lowers the minimum requirement for SpaceX IPO from 500k to 2k... man retail is going to get screwed. IPO at 100x sales and mom & pop investors can serve as exit liquidity.

Edited 1 hour ago by Paarslaars

[Parsad]

7 hours ago, Lazarus said:

 

He will think that the market has further to crash and will continue to horde his cash. Blake is Dunning-Kruger personified but he doesn't realize it and is too stubborn to learn. 

 

From the bottom of my heart, Blake - give up on trying to outsmart the market, and even give up on stock picking. Instead, just follow the Boggleheads / John Bogle approach: DCA into an index fund, ignore the news, and focus on your career instead. That's what Warren Buffett suggests for the average investor and you claim to love Buffett's advice. In 30 years, you'll be decently wealthy and you'll thank yourself. 

 

Blake don't listen to these knuckleheads!  You know as soon as you invest half of your cash, the market will crash...Murphy's Law supersedes rational investing.  And the big one is coming!  Cheers!

 

[Parsad]

You start to see stuff like this and you know things are getting frothy!  Cheers!

 

https://finance.yahoo.com/markets/crypto/articles/see-inside-5-99-million-090701953.html

[frommi]

Today is the day the bubble bursts, be ready!