Economy There is nowhere to invest your money right now

[fedorthegoat777]

We are in the sit tight stage right now.

I am a small investor myself but rub some shoulders with the big guys. They are all waiting for a pretty big crash in both the stocks and real estate and pretty much everything. Some of them are pretty cynical. Some are even stacking food, ammo, and gold.

 

[Wadtucket]

Looks like McDonald's stock is doing just fine. Why is that?

Fat fucking greasy fucks spending rent money on goyslop

 

[Captain Sausage]

Aren't all the uber rich pouring money into "Modern Art" right now...might be the way to go.

 

[Diogenes of Sinope]

We are in the sit tight stage right now.

I am a small investor myself but rub some shoulders with the big guys. They are all waiting for a pretty big crash in both the stocks and real estate and pretty much everything. Some of them are pretty cynical. Some are even stacking food, ammo, and gold.

are they taking money out of the bank?

 

[boingyman]

I just bought some TQQQ this morning. I basically have a few options. I can go long and DCA on the dips or I can scalp or swing it later this week. I was close to putting a large chunk into my kids 529 plans to be used for their private school tuition, but i'm waiting it out for hopefully a lower entry point. My entry point is when the SP500 dips below ~3500, assuming it happens. Hopefully I don't miss the boat, but I think right now it's my best bet to invest cash with no tax burden.

 

[HOLA]

Of course there is. More than usual. You're supposed to buy low and sell high.

We have solid companies that have lost 30% + of their value recently. You're getting a discount now that often isn't available.

 

[Queen B]

The next monthly job report beginning of November is going to be very telling, but it sounds like regardless the Fed is going to slow down the interest hike,

That means we'll still live with high inflation for a while but a milder recession

 

[brackis1]

Threads like this give me capitulatory hope

 

[ThaiSexPills]

Classic cars? Pre-Emissions diesel trucks? Idk.

i just sold a 1993 Dodge Ram w250 diesel for $35,000.

 

[Cuauhtemoc]

ZIRP plus inflationary policies forces investors into risk assets instead of safe assets. In my parent's days, investors could sit on a mix of term deposits/bonds to collect interest and blue chip stocks for steady long term growth & dividends. This is no longer possible. To stay ahead of inflation you need to start chasing higher risk investments such as tech stocks, real estate, and other volatile assets. A lot of insurance companies & pension funds are going to get blown up by this shit, not to mention retail investors.

US inflation has been really low for decades, it only picked the pace because of a pandemic and the supply chain disruptions it caused and then we get a war between two major grain and oil and gas exporters.
Central banks are now moving into a deflationary policy. It's likely we are getting a recession and a deflation 12 months from now.

 

[fedorthegoat777]

are they taking money out of the bank?

Most of them seem to be pulling some money out of investments and putting it in the bank. A few buy gold.

For the most part, they are no longer buying aggressively and seem to be holding back more.

 

[GoldenWolf87]

Aren't all the uber rich pouring money into "Modern Art" right now...might be the way to go.

Modern Art you mean that boring one?