Floyd Eye
Well-known member
It was actually tied up in construction equipment. And whatever cash I had.A bottle of Jack Daniels is not a liquid asset,
rsm
Well-known member
some great market bargains this morning.
another reason why you always want to have cash on the side. discounts. (along with cash to cover down markets / returns)
the downward slide during march has some down ~10%. the volatility also helps many derivatives.
I
Capitalism
another reason why you always want to have cash on the side. discounts. (along with cash to cover down markets / returns)
the downward slide during march has some down ~10%. the volatility also helps many derivatives.
I
Capitalism
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shar-vell Dan
Well-known member
Another losing week oh boy.
JDs Couch
Well-known member
I hear you man. Equipment is not cheap but it's a good asset to have. We are loving this new dump trailer I bought. It's saving us tons of time and also the crew's backs from manually emptying trucks and trailers.
The~Kid
Well-known member
rsm
Well-known member
only losers lose.
Great buys all week. IYKYK.
It's called winning; I hope you get to experience it once.
BABMusic
Well-known member
Is this the beginning of the real crash? I bought some more stocks today, but I'll get my ass handed to me if this is the crash.
J
JackTripper
Well-known member
There is no impending crash. It's a reset of market expectations. The current market decline is inversely related to prognostications as to how long the war and its repercussions will last. The longer it goes, the higher oil will go, inflation will creep upwards, and Treasury yields rise driving mortgage rates up. Of course, if the war ends in a few weeks as we are told, everything will be hunky dory.
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BABMusic
Well-known member
Part of my mind wonders if this is the excuse they have to crash the system. If they plan to keep the war going, it seems like they had a plan to crash the market.
J
JackTripper
Well-known member
Using the word "plan" is being generous. But unfortunately, the TACO rule isn't applicable here. The Pottery Barn rule is.
311boogieman
Well-known member
Findthetone1
Well-known member
Godammit!! Beat me to it^ it is for some
rsm
Well-known member
I have some cash set aside for small drops (< 10%) and crash (> 30%). I think we'll see continued volatility with downward pressure in most sectors as long as the conflict goes on.
I don't think we'll see a crash before 2027.
if this volatility and slow downward around -5% per month keeps going into August or beyond, it's going to bring more demoncrats back into Congress because most American voters are uninformed, misinformed, and really don't have the IQ and vested interest in the economy beyond consumer prices and free government handouts. The so called independent "swing" voters have little consistency.
If we don't see a crash by 2030, I'll probably buy another house with more land in a better location, and sell this one...
The~Kid
Well-known member
This.......
Too many factors and strong indicators in the real economy showing so. Much like Democrats/WokeMericans have been crying wolf for 1+ now over a Reccesion..... They are still playing and singing the same old song.....
Par for the course when it comes to WokeMerican TDS 2026
BABMusic
Well-known member
Well... healthcare was pretty much the only area that was growing, even by the GDP numbers. Not trying to troll (or be a Dan), just saying that that is a major concern to me. As far as when the crash is coming, I have no idea.
Uzi Nein Millimetah
Well-known member
This.......
Too many factors and strong indicators in the real economy showing so. Much like Democrats/WokeMericans have been crying wolf for 1+ now over a Reccesion..... They are still playing and singing the same old song.....
Par for the course when it comes to WokeMerican TDS 2026
DimoCommies don't know how to do anything other than bitch and moan.
Meanwhile, smart people are watching and waiting to pounce on bargains. People were saying the Earth was dying in 2020.....a month or two later, the market came ROARING BACK!! I was there, and made tons of money.
The~Kid
Well-known member
Yeah these fuckers have always been wrong and IMO there are zero indications of a Reccesion...... There were none back in October..... Or the Reccesion of April 2025......
And there are none now...... The economy is probably stronger than it's ever been and as resilient as it's ever been.
A lot of the irrational fear feeding the bear is just that irrational fear and those who remain calm and see through the BS will come out on top just like they did back in December and January when the same thing happened.
rsm
Well-known member
If you're concerned about a crash, then having cash set aside for "emergencies" that can reduce or eliminate the need to sell investments at a loss is something to consider.
For example, I have about 18-24 months of emergcy cash, more if I really cut back. If it is really bad, I'll start my social security before my FRA, which will offset cash I need for living expenses.
I'd also recommend having some cash for the crash; 30%+ market drops happen roughly every 10-15 years, and the pandemic reset may have postponed the next one. Before covid,it was 2008 financial crises, 2000 dotcom bubble, 1987 Black Monday,...we don't know when it's coming, only that it's coming...and if you're prepared for it (cash for living expenses, cash to buy in the crash) it should be fine.
FWIW, 2026 should be my last "big spending" year, as I have only one more big item I plan to buy for my retirement, and I have the cash saved for it, unless they offer 0% financing.
NoHassle
Well-known member
Thanks again you FAT Orange CUNT...you can't make this shit up
Get your flabby useless ass back to the WH and start looking after OUR economy and start by getting the fuck out of Iran today.
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Get your flabby useless ass back to the WH and start looking after OUR economy and start by getting the fuck out of Iran today.
