Recession 2022-2122

[Coronita]

I am fairly certain a recession will happen.

[FlyerInHi]

[quote=flu]I am fairly certain a recession will happen.[/quote]

Me too.
1. Have the guts to predict it
2. Be as close as possible.

For real estate, you have a window of opportunity of several years. Have your money ready.

[Coronita]

Well, Brian. It doesn’t require any guts to make any sort of prediction on an internet blog for which if one’s thesis for his/her prediction doesn’t pan out the way he/she is expecting, one can simply disappear and go into hiding only to resurface a few weeks later by resurrecting a completely unrelated thread to avoid being called out for those erroneous and politically motivated predictions.

Guts would have been if one actually put significant money on the table to back those predictions because then that’s a prediction with conviction. To use the phrase often brought up on real estate, the person “has no skin in the game”…

Since that clearly wasn’t done, well I’ll see you when you later when you resurrect another thread to avoid this subject, lol.

[FlyerInHi]

2020 has not ended yet.
If you read my thread, you will see some explanations as to why the recession may be delayed.

As to money on the table, I will use the opportunity to buy an apartment building to boost my retirement income.

[paulflorez]

Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.

[Coronita]

[quote=paulflorez]Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.[/quote]

yes. because 90% of the threads are now non serious since the lunatics took over. So two extra superfluous threads are not going to hurt.

Sure beats China is awesome thread, Trump thread, GOP thread, who will run in 2020 thread, impeachment thread, PE Ratio thread. I think there are a few real estate related thread left.

[FlyerInHi]

Flu, the most childish comments come from you.

As the Chinese say, life is comprised of 12 year cycles. When planning your life and investing, it’s important to know approximately when recessions will happen, especially as they correspond to the stages of your life. That’s only smart.

Unlike you, I don’t expect those who watch the economy to make large single financial bets on what they expect to happen. But it’s wise to recognize the cycles and take action to the extent possible, not as a bet before but during the downturns because of window of opportunity they provide.

There are the deficit hawks who believe as a matter of laws of economics that hyper inflation are the results of deficit spending. I don’t expect them to take a financial position to their predictions. I would however love to know approximately within a couple years when hyper inflation will happen. I would hope that such people have the force of conviction to prepare for the outcome they are so certain of.

[paulflorez]

[quote=flu][quote=paulflorez]Did a non-serious post making fun of an old thread really need a new thread? Just post it in the old one.[/quote]

yes. because 90% of the threads are now non serious since the lunatics took over. So two extra superfluous threads are not going to hurt.

Sure beats China is awesome thread, Trump thread, GOP thread, who will run in 2020 thread, impeachment thread, PE Ratio thread. I think there are a few real estate related thread left.[/quote]

The China thread linked an interesting YouTube video about AI, international politics and China’s real estate data. The impeachment thread was started by scaredyclassic, hardly a “lunatic”. Most of the threads I find here to be informative. The parody threads you are creating are just garbage taking up space.

Also, your original reply to me of just “Yes.” was better, because at least then you were subtly acknowledging it was just trollish behavior. Editing your comment to try to add some kind of sensible justification was a waste of time. Even if you think the other discussions should be censored because they add no value, don’t make the problem worse by contributing your own worthless posts.

[42nate1]

Recessions come – they always do. The unknown is when. Unless the Coronavirus turns into a pandemic, the US is not going to go into a recession this year.

I am looking forward to the next recession. I have a long list of stocks I want to buy on sale.

My goal is also to buy a small apartment complex in the next recession. I was fortunate enough to buy two properties in 2008-2010. Not smart enough to aggressively buy more. Have bought some other properties since then. They cash flow, but missed the big appreciation gains.

I love the though of “one and done”. A small complex at the right price point, and I don’t need to ever purchase another property again.

Still have not figured out the down payment portion of this goal. I need a few more years.

[42nate1]

Recessions come – they always do. The unknown is when. Unless the Coronavirus turns into a pandemic, the US is not going to go into a recession this year.

I am looking forward to the next recession. I have a long list of stocks I want to buy on sale.

My goal is also to buy a small apartment complex in the next recession. I was fortunate enough to buy two properties in 2008-2010. Not smart enough to aggressively buy more. Have bought some other properties since then. They cash flow, but missed the big appreciation gains.

I love the though of “one and done”. A small complex at the right price point, and I don’t need to ever purchase another property again.

Still have not figured out the down payment portion of this goal. I need a few more years.

[Coronita]

[quote=42nate1]Recessions come – they always do. The unknown is when. Unless the Coronavirus turns into a pandemic, the US is not going to go into a recession this year.

I am looking forward to the next recession. I have a long list of stocks I want to buy on sale.

My goal is also to buy a small apartment complex in the next recession. I was fortunate enough to buy two properties in 2008-2010. Not smart enough to aggressively buy more. Have bought some other properties since then. They cash flow, but missed the big appreciation gains.

I love the though of “one and done”. A small complex at the right price point, and I don’t need to ever purchase another property again.

Still have not figured out the down payment portion of this goal. I need a few more years.[/quote]

I don’t think anyone , inclusive , would disagree with you about an eventual recession. The mockery was about linking it to Trump or for that matter Obama or even Sanders. And for that matter the giddiness of any bad news that comes out lately, there’s this audience that literally jumps up and down thinking “here’s the big one coming”…. and it’s been going on for 4 years. 4 years and a lot of lost opportunity…I’m still trying to understand how their crystal ball is working out.

None of this imho would even be necessary if there was a longer term , regular , DRIP investment strategy in place. It still amazes me how some people dont do it , if at all, as a plan B backup plan, and still count on a one shot, one trick pony event. People still think over the long period they can beat the markets consistently by a one trick pony after giving up years (decades ?) of opportunity. Not everyone, obviously, some with D&G viewpoints.

[FlyerInHi]

Flu, Nate said that he’s been buying properties while preparing to buy something substantial during the next recession. Nobody has been waiting around doing nothing.

[Coronita]

[quote=FlyerInHi]Flu, Nate said that he’s been buying properties while preparing to buy something substantial during the next recession. Nobody has been waiting around doing nothing.[/quote]

My comment wasn’t directed at Nate. Where did I say Nate belongs in the the D&G category?

The D&G category is only reserved for a select few individuals. Those individuals know who the are, because they are the ones that have constantly trying to chase a negative theory to fit their often past 4 year wrong theory of failure, and have been also pretty vocal about seeing more enjoyment in seeing the failure of others rather than the successes of everyone else…most likely because of their own failures and shortcomings have distorted their thinking into thinking life only a zero sum game such that those in the D&G category need others to lose in order for them to win, and
“winning” is important as a matter of self-esteem… which is a pretty screwed up thought process imho.

[Anonymous]

You called?

[FlyerInHi]

Flu, you’re not a positive person. You have a Laura Ingraham/Tucker Carlson type personality

Real estate wise it’s very wise to know when the recessions occur. You easily adjust your financial decisions to match the economic cycle.

[Author]

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