Short $FAANG Long $ROPE
It’s different this time.
I played roulette once and bet red. It came up red. I doubled my money.
Haha
The market is not crashing. Buy baby buy. Stocks, real estate etc. The market in the long run will only go up. Too much money on the sidelines will prevent failure. This time there may be a 10 to 15% correction from peak but money will pour in. So hang tight and get ready for a wild ride. But make sure you have 25% assets in CDs or bonds. Just to buy on the dip.
Link to data source?
Data got nothing on inutution. In any case if you torture data it will confess to anything. Shit, me making up shit like the rest of them here and the burden of the proof is on me?
Crash / correction hasn’t even started .. Housing is going to be next.
Sure, assume you are not a home owner and looking to buy on the dip! People in the bay can afford a lot of shit. It boggles me how much money and savings folks have. PS - I don't own, I can't own. I just sit around and moan.
Housing fell 10-15% from peak this year
No had a house and sold, not looking to buy now but to relocate eventually
Relocate to where? Nebraska?
Place where I can live like a king for little money .. Arizona, Texas, etc ..
Well then, ask them to leave. Why wait for years to get a green card. Respecting parents = moving across the world ? Understood. Stop BSing.
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You need a moderately sized $ROPE. Else, it'll fail the purpose.
Not if you jump from the Empire State Building
Then you can just buy $JUMP. Much better deal 😁