>hairdresser talking about trading and funds >wageslave coworkers talking about trading >normie friends on the index fund and stock picking bandwagon
They all are putting money into index funds like they’re amazon in 2000 aswell, assuming the USA will continue to be the global superpower for the next 50 years and the S&P500 will continue at 7% p.a. for eternity
I’m thinking of selling some of my equities and going harder into pm’s and miners, maybe crypto as well but normies are still swarming around that
Dumb money seems to be officially here, but I don’t want to risk my portfolio on a bubble popping anytime soon. FED seems like they’ll buy until the end of time
Brody Martinez
just derisk your stocks and hedge with gold. the FED isnt the only central bank on this planet
Leo Edwards
All this shit happening and formerly well to do housewives aren’t sucking my dick for merc dimes yet. Fuck everything
Michael Sanchez
Contrary to popular belief, trading when you don't have that much capital is the smart thing to do. If you only have about 100k, its probably best to use higher risk strategies for a chance to get outsized gains. It's only when you have hundreds of thousands or millions do you start considering more conservative approaches.
Lucas Nguyen
Ive already got a considerable amount in pm’s but was thinking of also hedging with miners, thoughts?
Kek
I’ve always believed this, boomers talk about compound gains in the long run but I believe that later generations no longer have this opportunity. My ‘high risk’ currently is only crypto but was thinking of options as well
Jacob Williams
no I think this time it has more to do with low interest rates, that the elites want the plebs to put their money into stocks is known for decades now but when they see they get under 2% interest on their bank account they finally take the step and put the money into an index fund. I honestly believe there will be no major crash in the stock market.
Logan Robinson
Why would the elites want plebs to put their money into the stock market and index funds? It’s always been a rich mans game.
And where will the rich mans money flow into now then? There’s no way they’ll be caught holding the same bags as plebs
Lincoln Ramirez
Some people are so risk averse and some are complete nutjobs. For me, I like trading but I will only do so when I believe I have some kind of an edge. And when I find an edge I will risk a significant portion of my bankroll. This topic has been widely researched and generally speaking people with a higher risk appetite and have an edge do much better in the end, which is in line with the fact that these people are some of the wealthiest people in the nation.
Elijah Perez
I guess rich guys have only a portion of their portfolio in the major stock indices like 20-30%. but since they have much more money they can also play the private equitiy game or all the other investment opportunities management firms offer for clients with more than 1 mill. also real estate of courese and that also overseas.
Colton Wood
>How big will this bubble get? The real question is will the stock market take crypto with it. I'm convince stocks will be wiping off at least the last 30yrs worth of gains very soon. But I'm still in crypto because it's not certain to follow but more so that missing the next bubble would be infinitely harder to live with than losing all my current stake in crypto.
Owen Perez
I would’ve thought it’d have been the other way round desu
Not really sure I have ‘an edge’, which limits me to low risk strategies that pay out
Juan Young
Sucks to be a poorfag I guess, gold will have to do me
Mentally my crypto money’s already gone, even if I have confidence in it completely turning the status quo upside down
I don’t think crypto is mature enough to be a hedge at this moment, if the bubble pops next month the cryptocurrency market would be decimated
The FED have to keep the market going up though, I cannot see how they can allow it to plummet
There’s simply too much at stake
Levi Stewart
agreed though it will probably drop before another stimulus package is announced
Eli King
>I'm convince stocks will be wiping off at least the last 30yrs worth of gains very soon
you are so retarded its upsetting.
David Jackson
no problem guys, m2 money supply has doubled in the last decade and they aren't even able to measure the m3 money supply anymore since 15 years. wish I never listened to those doomers. if the market would crash significantly there would be much worse problems than a few margin calls.
Hudson Taylor
And then it’ll go back up? ‘Stonks only go up’ is actually really fucking dangerous when you peep behind the curtain just a little, especially when the economy is at a literal standstill and looks unlikely to reach ‘normal’ levels of activity for a few years
Tyler Kelly
I know I’m coming across as a doomer in this thread but I’m being as pragmatic as possible, most of my money is still in equities because the market continuing to uptrend and cash losing its ppp seems the most likely
But can that continues for another 40 years?
Elijah Allen
Did the same recently. Here in Australia everyone and their dog seems to be getting into stocks. We're close to a bubble popping like it's 2008. Real Estate is already going down the shitter
Cash out your gains while you still can OP
Xavier Kelly
maybe but it is very probably if trump is in for another 4 years. as long as they incentivice people to put they money into the market or even force them through pension plans etc it is a safe bet imo. of course the whole thing is a bit of a ponzi and a joo trick but I tried 2008 to go against the flow and now I see no more honor in doing so. I just want to profit and not give another shit about how fucked up the general situation is
James Nelson
ETF cause an overvaluation of major stocks. Remember this.
Adrian Richardson
I’d argue that index funds have turned into a complete ponzi, ask anyone why they’re putting a few hundred bucks a month into spy and see how similar it sounds to a ponzi
I wasn’t old enough to experience 2008 but I’ve seen how those with rational thinking got burned
Landon Robinson
Why? Because they keep printing money? The whole world economy is a house of cards right now and printing money might help things like crypto where it's value is based on scarcity but not stocks where returns are expected and the company is producing nothing.
Jayden Sullivan
Being on this board is 'the edge' user
Luke Howard
you get to own pieces of corporations that seem poised to take over the world even if the dollar collapses, which does seem inevitable, you still have that piece. and hopefully you have the ethereum and link that will necessarily become the trusted intermediaries once the govt fiat experiment has failed.
Nolan Kelly
yeah im getting this feeling too. i was the store and over heard some frat bro discussing stocks. im all in link though so not sure if i should ride it out or not
Cameron Gonzalez
was at a get together of a friend and a friend of him who sold weed years ago asked me about stonks
Zachary Bailey
More irrational investors is good for the rational investors.
Jaxon Moore
I’m not sure it’s healthy that seeing normies get gains makes me really angry
My opinion is crypto will be hit hard by any bubble pop, it’s not mature enough a market to be considered a safe haven and in March we saw people pull money out of crypto as well as the stock market. Would love to be proven wrong though
Blake Howard
Checked
Oliver Perry
im still not sure on the muh store of value thing yet. people still use banks to get into crypto so all they have to do is stop all bank transfers/debit or credit into crypto to stop people from exiting fiat
Michael Sanders
But who exactly are the rational and irrational? The normies I’ve spoke to have been practically conditioned to buy every dip, seeing as the market always go up long term. I don’t blame them either, every news outlet and social media site is filled with charts of what happened if you bought the dip in 2000, 2009 etc
Easton Edwards
Lol my weed dealer started a financial advice/services office. Clear sign of top