Dow Down 666 Points

Economy & Finance
421

-800. Exciting!!

422

Real Estate is king. Anyone and everyone who bought and own SF real estate for even the last 10 years (a lot of people longer) are wealthy now from simply owning their own roofs over their heads.

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423

New poll: what percentage of your stock portfolio has been sold since 2/1?

424

I pick the stocks that I like. Which is better not picking at all :wink:

425

What’s so exciting about that? Your margin being called??? :rofl:

426

Sell everything now before it’s too late

427

Touch wood. Not yet. :smile:

428

Close to a 10% correction.
If you go to the store and everything is 10% off will you buy?
I would like at at least a 20% discount

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429

Don’t be greedy and expect too much of a dip. A 20% discount is a recession which means your real estate empire could also decline in value.

430

If we don’t expect new highs, don’t bother buy anything. The correction can last a while. Sell everything for the sake of your sanity.

Bottom fishing works well for RE. Stock is different

431

Ok, if you decide to liquidate your real estate then I will follow your footstep and liquidate my stocks :wink:

432

IMO, 20% is reachable from the peak and going to happen soon !

433

I don’t mean a whole market discount. Just the stocks I like.
Tech led the market up and is leading it down. Should be good for buyers.
As far as RE, I predicted a downturn in 2017. I am defensive. Deleveraged. Sold one house last year. May sell one or two this year. I think a lot of people on here predicted a downturn in 2019.

434

All I understand is that you get emotional or affended when posted against TWTR instead looking into the details.

Let me keep quiet now!

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435

Why? So speculators like you can bottom fish? :wink:

436

Nothing said here will affect the market

437

No, stocks are heading for a crash or on the process of going to crash mode.

This will not easily stop.

If 20% stock results real estate effect, it will.

438

If the S&P drops below 2540, crash likely

439

I’m not emotional at all (I’m not doing anything differently), nor am I offended (you are entitled to a difference in opinion).

But I know that I’m right. :wink:

440

1000 point Dow drop.

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