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  1. #1
    Registered User CoolKnees's Avatar
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    Talking LOL @ people waiting for the "market crash"

    Every 10-15 years a train leaves to take the bold to the promised land. If you don't hop in now you're going to miss out.

    Real-estate, crypto, tesla... it's a gold mine out here but you want to just sit around cause you think "it's going to crash anytime now". You want to sit around because "its not fundamental". You want to sit around because "I'm traditional".

    Welp, maybe you'll learn when the next big thing comes out 10-15 years from now.


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  2. #2
    Registered User DoYouEvenNEM's Avatar
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    Not sure about the stock market but the housing crash back in 2009 wiped out many developers. Very of them re-entered the game.


    Remember if you're a capitalist in 2021 and looking for a new industry: do you go into home renovation (with risk of being wiped out like 2009) or do you gamble your money on crypto or the stock market? lol
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  3. #3
    Banned BLOATMOGGER's Avatar
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    Depending what asset you're talking about, the train left the station 1-10 years ago. There is essentially nothing left worth investing in. I don't blame people for sitting on the sidelines.
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  4. #4
    Registered User Berts's Avatar
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    Online Sports Betting, Esports and online casino gambling sector has just begun. Soon you will be able to make live bets on almost everything you can imagine. Will XYZ kicker make this FG, Will this next pitch be a strike, etc. Massive sector worldwide. Canada is close to legalizing it nationally, the US is slowing opening up, roughly half the states have approved sports gambling. Still a little ways away from all the legalities and licenses but its ground floor right now as I see it.


    Something to keep an eye on.
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  5. #5
    Registered User lolatpaniccels's Avatar
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    there wont be a housing market crash like those clowns think but prices should be a bit lower next May than right now. It's literally unsustainable.
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  6. #6
    Banned BLOATMOGGER's Avatar
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    Originally Posted by lolatpaniccels View Post
    there wont be a housing market crash like those clowns think but prices should be a bit lower next May than right now. It's literally unsustainable.
    The other possibility is that rents could go up along with prices of new builds. Then it would be sustainable.
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  7. #7
    6'0" 200 nothingshocking's Avatar
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    Originally Posted by lolatpaniccels View Post
    there wont be a housing market crash like those clowns think but prices should be a bit lower next May than right now. It's literally unsustainable.

    So what do you see happening when the government ends this unprecidented period of not allowing banks to forclose on deadbeats not paying their mortgage?

    Soft landing?
    I'm just a white guy from the future, I'm completely out of touch

    This machine is obsolete
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  8. #8
    Registered User Destor's Avatar
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    How much are you rolling in OP, let’s see your portfolio
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  9. #9
    SUPERNOVA SouthDakotaBrah's Avatar
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    Originally Posted by nothingshocking View Post
    So what do you see happening when the government ends this unprecidented period of not allowing banks to forclose on deadbeats not paying their mortgage?

    Soft landing?
    Out of curiosity, what are the statistics to back this argument (like xx% of homes are currently in forbearance if not for the CARES act)?

    Like how many people actually can't pay their mortgage or refinance their house with how much appreciation everyone has received the past year or two? Even if you were jobless, you should be able to pay off your mortgage fairly easily
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  10. #10
    Never accept defeat! backinthegymbro's Avatar
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    Tfw i finally have money to buy crypto, but have zero knowledge on how to do so. By the time i figure it all out, it will be too late.
    Cobra Kai never dies!
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  11. #11
    Registered User AWSbruh's Avatar
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    bought a new construction house for 450 last year and closed on it 3 months ago. That same house just got put on the market for 550K
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  12. #12
    Registered User meanstringbean's Avatar
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    Originally Posted by CoolKnees View Post
    Every 10-15 years a train leaves to take the bold to the promised land. If you don't hop in now you're going to miss out.

    Real-estate, crypto, tesla... it's a gold mine out here but you want to just sit around cause you think "it's going to crash anytime now". You want to sit around because "its not fundamental". You want to sit around because "I'm traditional".

    Welp, maybe you'll learn when the next big thing comes out 10-15 years from now.



    - future bagholder
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  13. #13
    ChatGPT4.5 Bot keyboardworkout's Avatar
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    2008 would like to have a word with you.
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  14. #14
    Registered Alpha mgftp's Avatar
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    OP trying to justify he his stupid behavior before he gets rekt. Cute

    Nobody should stop their retirement contributions but throwing in large sums of sideline cash into a market this overbought is a little crazy IMO.
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  15. #15
    Registered User meanstringbean's Avatar
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    Fact is those who have made money on this RE bubble are the ones selling, or bought years ago and refinancing or just sitting. If you are on the sidelines right now is NOT the time to get in and buy. You will be absolutely 100% ethered. I was able to sell 2 rental properties I bought a while back for 350% ROI, but realize got more lucky than good.


    As for TSLA. You can only ignore fundamentals for so long. It is trading at absurd multiples, and all the big players are stepping their EV game up. For TSLA to justify its valuation it needs to be both a mass produced product AND a luxury item for margin. Highly unlikely but doable (see Apple). That said, Volkswagen, Ford, BMW all have great EVs out right now. The time to get into TSLA, like Real Estate, has passed.


    Lastly Cryptos no one knows. Pure speculation, but if you are buying any alt coin (DOGE or whatever) you need to know you are basically jumping into pump and dump schemes on worthless products. The bottom on these eventually WILL fall out, VERY similar to .com boom of the 90s with worthless domains. That said you can make big money, just be in on it. Dont follow the trends or drink the kool aid because you will get your azz handed to you in the next few months. A LOT of dumb money in Cryptos but institutional money is still largely on the sidelines, so a lot of growth


    Those boats by and large are missed. But you can still get in on MJ stocks for very cheap - that is going to boom in the next decade
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  16. #16
    Registered User AWSbruh's Avatar
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    Originally Posted by keyboardworkout View Post
    2008 would like to have a word with you.
    2008 is different because banks would give a 1million dollar house to someone that worked at Mcdonalds's. different times bro
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  17. #17
    Forever aBOARD guest89's Avatar
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    Originally Posted by mgftp View Post
    OP trying to justify he his stupid behavior before he gets rekt. Cute

    Nobody should stop their retirement contributions but throwing in large sums of sideline cash into a market this overbought is a little crazy IMO.

    In 20 years do you think the market will be lower then it is today?


    https://ofdollarsanddata.com/even-go...ost-averaging/
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  18. #18
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    Originally Posted by AWSbruh View Post
    2008 is different because banks would give a 1million dollar house to someone that worked at Mcdonalds's. different times bro
    True but they’re now giving loans out to people putting 2-3% down on homes that shot up in value by sometimes by 200% over the last couple years, house poor by a different measure, but the reality is many of them can’t afford what they’re getting into and if they didn’t lock down rates going from 2.5% to 4.5% or higher will fuk them

    Either way, I can’t say what’ll happen, but bottom line is us plebs get fuked either way lmao
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  19. #19
    Registered User meanstringbean's Avatar
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    Originally Posted by AWSbruh View Post
    2008 is different because banks would give a 1million dollar house to someone that worked at Mcdonalds's. different times bro

    Coming from the person who self admittedly is living paycheck to paycheck after buying too much house on a six figure salary...
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  20. #20
    Registered User AWSbruh's Avatar
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    Originally Posted by meanstringbean View Post
    Coming from the person who self admittedly is living paycheck to paycheck after buying too much house on a six figure salary...
    I can afford my house buddy lmao
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  21. #21
    The Blackpill Prophet N0stradamus's Avatar
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    In.... will remember to come back to this thread when everything crashes....
    Everything I post is satire.
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  22. #22
    Registered User meanstringbean's Avatar
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    Originally Posted by AWSbruh View Post
    I can afford my house buddy lmao


    Based on your thread no you cant lol
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