We Are in Bear Market

In another news, Target bombed. Coincidentally also 24% off 52-wk high, just like Apple. :smile:

Apple = Target? :thinking:

11%20PM

More doom and gloom.

Should sell all stocks and keep RE. Use the stock money as your emergency fund :rofl:, and use your rent for living expenses.

If RE is at the negative cash flow, just sell and buy Austin and live next door to @hanera

:dancing_women: :dancing_women: :dancing_women:

:rage: :rage: :rage:

Why keep RE? RE is sinking. The next round of wild fire will burn your trophy house down to the ground.

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Insurance wil build you a new brand new house.

Maybe sell the US RE and buy in Africa?

Cash can be a nice thing to have. But it’s expensive to sell and buy back at lower price.

May not be. The cost of construction has shot sky high. You might be under-insured.

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Real, very real, really, really smart investors don’t “invest” their money in assets that are subject to the whim of the stock market. They love liquidity, and sustain very small losses.

Right now, there’s a race to the bottom. If investors don’t keep their cool brains in control, we are going down as the Titanic.

More fear mongering… :scream:

https://www.cnbc.com/2018/11/20/gundlach-tells-reuters-there-was-not-a-panic-low-in-us-stocks-and-they-are-still-too-expensive.html

He’s right. If the favorite tech tech stocks down another 50%, I may still avoid them.

SP can go down another 20%. The wild card is the trade deal with China or not

After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown.

Few economists foresee an outright global recession within the next year. But the synchronized growth that powered most major economies since 2017 appears to be fading. The risks have been magnified by the trade war raging between the United States and China, the strife dividing Britain over an exit from the European Union and the Federal Reserve’s continuing interest rate hikes.

It’s all been enough to contribute to a broad retreat in global stock markets. Counting Tuesday’s deep losses, U.S. stock indexes, once up around 10 percent for the year, have surrendered all their 2018 gains.

Shall we provide another tax cut? :sweat_smile:

Please keep stoking the fire. Prices just keep getting cheaper :stuck_out_tongue_closed_eyes:.

If you are not buying, you are not helping :joy:

Volume is not high enough to be considered as capitulation. Many investors are still not scared e.g. Princess. We need market to go sharply down with high volume, and then reverse.

I am scared. Can we stop now?

You can be scared, you can be confident. The question is: Can you pull out all you got invested in the stock market without paying a big price?

That’s why I advocate for a sensible approach to any type of investment in the stock market. I actually hate it.

Anything you invest your money in, has to have the following safeguards:

1- Liquidity. 75%-80% of your money should be ready to be pulled out without paying anything.
2- Market risk
3- Fees
4- Avoiding paying Taxes, capital gains.

Can be easily done. Just buy high sell low :sunglasses:

I’m ready, let’s go :dancer:

Who is your tax guy?

He needs to be put in front of the execution squad. :sweat_smile: