You ARE 50% cash, right user?
You ARE 50% cash, right user?
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More than 70% actually
Good lad. Are you waiting for the real estate crash in 6-18 months or will you buy stocks when the tech bubble pops?
This absolute fucking cuck missed the bull recovery. Goes to show you he just got lucky and now everyone thinks he's a guru cause he got lucky that one time back in 1930 crash.
>he thinks THAT was the crash
You know it's coming. It'll be Trump coofing, or a Biden victory, or a dam collapse, but you know that this meme market cannot and will not last. Everyone is just waiting for the signal to rush to the exits.
Probably stocks, but if real estate gets cheap enough ill consider it. Don't think it will happen in my country tho.
jerome just literally said he will never drop the rate
Around 5% cash actually. 70% is in stocks and 25% in crypto.
you're betting against the fed's unlimited printing and purchasing power. You've lost. Warren Buffet made a bad call and has proven once and for all he can't predict shit any better than an average retail investor.
>Boomer exists in a half century long bull market
>WOW HE INVESTMENT GENIUS!!!!!!!!!!!!
You're an idiot. Warren Buffet can't just gamble around like we do. He has to practice actual risk management and be responsible. Getting a steady return year after year without risking too much is much more important for him and Berkshire than is "not missing the bull run".
He beat that "half century long bull market" by a considerable margin though.
100% but with all the massive money printing I want to neck myself. I was sitting on 160k when everything shit the bed in mid March. I was literally waiting years for that moment. But I was busy with job interviews and finishing my post-doc that I let it pass rather than adding an additional stress.
>being Australian/Swiss/San Fran/New York
You are unironically usually better off moving to Europe and buying a large, solid house for 50k euros cash instead of spending the rest of your life paying $1,500,000 + 2,000,000 interest for a 2 bedroom cuckshed. If your country has a property ponzi always remember you don't need to buy in.
>he thinks hyperinflation can save the market
There might be significant inflation in the short term, as economic policy is largely dictated by politics nowadays. I'm sceptical it'll raise wages alongside those prices. And once inflation affects consumer products, the presidency will be given to anyone who says he'll make groceries affordable again, and economic policy will completely flip and cause a crash anyway.
Even if it doesn't, unless the Fed is willing to literally buy entire companies during their bankruptcy, people will take profits when they realise some of these companies have gone to 0, and cause a run on the market regardless.
imagine this level of cope
He's 90 something years old now. He has no idea how to adapt to this economy because even he has never lived to see one like it.
The redpill:
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For what fucking reason? Just by holding it, you are constantly losing money, ~2% a year
Might as well park my money in a new car, makes about as much sense
neither have you
>hurr durr I made 1 good investment once in a bull market now I smarter than the guy who beat the market for 70 years in a row
Where are you seeing that Buffet is recommending to go back into cash anyways?
I never said that. I'm just responding to the guy that said Warren Buffer "is no better than your average retail investor and just got lucky once".
5% cash, 95% crypto
90 yr old confused befuddled leftist retard feels overwhelmed and stupidly cant process what "currency collapse" means. refuses to protect his investors....refuses to buy gold....sits in cash like a total complete retard.
entitled boomer who gets is comeuppance in the end. deal with it fag
stay jealous poorfag
Never be all cash or you'll be left behind. However, having a good pile ready to throw at opportunities, or some to use in case of emergency so you're not forced to sell your good investments (think about all the threads of linkies who had to sell during march because they needed liquidity) is never a lost opportunity.
more like 60% water
If you are less, you might as well be dead
not jealous. simply not impressed with someone who's "great gains" has been little more than positioning himself next to the money spigot who now just got justed by the golem he helped create.
thats the irony which is lost on sub-110iq tards like you. buffet has cheered on "fed action to back stop the market" over and over and over in his career (ie. bailout his losing positions). now suddenly he's realized the monster he created controls the market to such a degree that its bidding prices up to levels he cant compete with....he gay jewy attempts to "negotiate good deals" has evaporated.
like a petulant child he'd rather just let it all burn.
Buffet is sitting in his cuck shed with billions of dollars yelling that this is a meme clown market and it will crash. He is wrong.
lol
im 300% in link u dumbfag
there is and wont be anything more valuable than CODED TRUST so fuck all your shitcoins and papermoney
All you had to do was to buy the literal bottom. You didn't even have to pick a stock. ONE SINGLE CLICK on whatever stock or index fund in your e-banking.
I know bro, it hurts.
Why do I hate this old fuck
I don't care about any other billionaire but this fuck just rubs me the wrong way
>cash
kek
no, the humor was United.
Buffet was trying to bend them over the barrel in March and negotiate a great deal....being a 90 yr old boomer he thought he'd get it too....
midway thru the negotiation United simply called the fed and they fucking PRINTED the money and handed to them no strings attached. Old befuddled nigger fag kike buffet sat with his watery old eyes staring IN DISBELIEF of how he got fucked by his golem.
thats a fucking LOL
>rat poison
because he's a smug cunt that actually thinks he's figured out the formula for making money. When his recent decisions show he has no fucking clue. He got lucky, he made his money, he got a cult following, and now everyone today can see he's a fraud.
Don't despair over it, but let it be a lesson for next time (which WILL come). It's really tough to buy when everything is bleeding red and the apocalypse is near in the newspapers. But that's exactly when you need to close your eyes and just push the button
one trillion percent
I'm in precious metal miners, precious metals and crypto 100%
Right now I'm just worried that we hit high inflation before that time comes. I've been swallowing 2% compounding interest for the last several years like a good cuck, but if that turns to 5-10% 1970s inflation, or sharp WW1-esque 50% devaluation of the dollar, bad things will happen. My plan has been to work full-time up to roughly the age of 40, so missing a winning lottery ticket at 30 isn't the worst feeling in the world, but if I end up worse off than if I just bought a bunch of luxury cars and parked them in a garage somewhere, I'm going to be so fucking pissed.
My gut tells me that it will be a bit longer before inflation becomes big. If USD is inflated 50%, and suddenly every bank collecting a mortgage sees its inflows drop proportionately, that would basically vaporize the financial sector wouldn't it? It seems like there's too much debt to easily just inflate it all away, too much need for dollars to pay the various bondages everyone is in. But if we get massive debt forgiveness programs and some kind of international inflation agreement, I could be fucked. But I don't know how any of this shit works. I had 1000s of MONA which I sold for a 2x instead of a 50x. I had 1000 salty Walties which I sold for a 2x instead of a 25x. I had 10000 LINK which I sold for a 2x instead of holding to this day. I just buy memes and sell them early.
>warren buffet is a smug cunt
Come on now. The man is the best billionaire this world is going to get. You've only never heard of most of them because they really are corrupt oligarch assholes. Warren is only famous because
a) he has so much money that he doesn't even play with his own - he just likes the game and is pretty good at it so other people trust him with theirs and
b) he actually calls out the structural problems in the US which result in wealth being steadily directed further towards capital rather than labour with each passing year, resulting in anyone earning a wage being absolutely fucked in the modern day world, and anyone who sits on money 'making' far more than any worker could ever dream. The 1 in a billion who makes it like Elon Musk could never be achieved by the average man and modern day economics is nothing more than feudalism with fancy words. Buffet isn't afraid of calling it out.
Ok, so you bet against the fed and look at your dollars losing value. Not a good idea. You need to understand that the stock market will keep making big gains, and that is not because of the great economic future but the fact that a dollar devalues heavily in the scenario we are in. Stocks going up doesn't mean the economy is great, it means your currency loses buying power to purchase company shares.