RE: “winning the superbowl”.. I never said I felt like I won anything, I said I felt like I was on the team that won.. so the feeling I was trying to identify was one of small participation but moreso a rewarding association experience(fellow piggys).
Does this crash present a slam dunk opportunity for anyone? Can you keep your job and stay docuemented-stable so that you’ll be able to get a loan? I personally think there is more opportunity on the back end of this cycle.. When everyone panics and things become oversold, feverish and very predictable(I’d guess in panic times, the trends closer to follow basic human psychology rather than seasonal or other patterns).
How is the tail end of a boom the good one? If someone were to go for leveraged investments say out of the money puts, and they were using something like 50-100k(around a down payment price).. I think what they can get on the back end of this boom is more than they’ll get throughout the entire next boom… If you put 50-100k into those LEND puts as many people were idnetifying as a possibly good investment – you’d have a nice chunk right now.. maybe 500k-1mil… how about letting that sit and earn interest during the inflationary period, and then cashing out 75k in 10 years to buy a house that will get you a inflation paced return.. Maybe someone can slam this if they feel so, I’m just tossing it out as something to think about..
