Sell

[sdrealtor]

Agreed, FWIW I just did a pre-check on what my inventory update will look like tomorrow. The top line preview is no one wants to sell their house

[svelte]

[quote=XBoxBoy]This thread just keeps on being one of the most interesting in a long time. To see all the pessimism and the cynicism that’s put out here is fascinating. Mind you I have no idea if now is a good time to be pessimistic or optimistic. All I know is that I don’t know and neither does anyone else on this thread. It’s just raw biases on display. And to me, that’s fascinating to watch.

And oh yeah, in addition to pessimism there’s a healthy dose of suspicion of conspiracies. Human nature clearly on display here if you care to see it.[/quote]

Correct none of knows exactly what is about to happen and neither do the “experts”. And yes our opinions are based on our past experiences which in turn give us our biases.

I participate in this thread (and probably others do as well) because I have a significant portion of my wealth wrapped up in investments of all kinds. While I’m not going to make an “all in” bet as the original poster recommended, I may make slight course adjustments based on the thoughts expressed here. I haven’t yet, but I might in the future.

If you use this thread for entertainment, more power to ya!

[The-Shoveler]

If the fed does what I think they will do its all moot anyway LOL, move along same old same old nothing to see here.

Thought for the day, your 401k does not need to go down to lose value.

[Coronita]

I just keep letting my auto-invest indexes happen… Oh well…

[sdrealtor]

Wow! Markets crashing all around us and it felt like nothing could save us. What a stunning reversal. It’s as if someone single-handedly turned it around

[The-Shoveler]

That was a stunning turnaround, Hard to imagine with a FED rate hike cycle just starting people just had to get in but what do I know.

[Anonymous]

[quote=The-Shoveler]That was a stunning turnaround, Hard to imagine with a FED rate hike cycle just starting people just had to get in but what do I know.[/quote]

Probably just short covering. If this is in fact the start of a major crash, the crash will occur over longer period of time and there will be monstrous up days along the way. Just look at charts from 2007-2009. Markets don’t go down in a straight line.

[svelte]

Fun day!

[sdrealtor]

Change of pace. Today would have been my ex-GF’s 50th birthday. She absolutely loved jokes. One day she was driving home from work (as a teacher) and heard a punchline that made her pee her pants. She came home, googled it, wrote it down and practiced telling it in front of a mirror until she got it down perfectly.

We went out a lot and she told it to everyone we met, complete strangers. I laughed everytime she told it because it was so good, the delivery so perfect and the surprise on peoples faces a joy to watch until they gave in and laughed out loud themselves. She was very attractive with a certain undeniable sex appeal that was perfect for the joke.

Before her passing a couple years ago, I promised her I wouldnt let people forget she was here. I regularly post things on FB for friends and family to enjoy and remember her. But I saved the joke until today on what would have been her 50th to share with family and friends that didnt get to hear her tell it.

If anything could encapsulate her spirit its ALL right here in this joke. So on this day I’ll share it with you all also. When you get to the end imagine her wiping her hand across her mouth while delivering the punchline.

Svelte I know you’ll love this

[img_assist|nid=27506|title=joke|desc=|link=node|align=left|width=83|height=100]

[The-Shoveler]

LOL

[Coronita]

[quote=sdrealtor]Change of pace. Today would have been my ex-GF’s 50th birthday. She absolutely loved jokes. One day she was driving home from work (as a teacher) and heard a punchline that made her pee her pants. She came home, googled it, wrote it down and practiced telling it in front of a mirror until she got it down perfectly.

We went out a lot and she told it to everyone we met, complete strangers. I laughed everytime she told it because it was so good, the delivery so perfect and the surprise on peoples faces a joy to watch until they gave in and laughed out loud themselves. She was very attractive with a certain undeniable sex appeal that was perfect for the joke.

Before her passing a couple years ago, I promised her I wouldnt let people forget she was here. I regularly post things on FB for friends and family to enjoy and remember her. But I saved the joke until today on what would have been her 50th to share with family and friends that didnt get to hear her tell it.

If anything could encapsulate her spirit its ALL right here in this joke. So on this day I’ll share it with you all also. When you get to the end imagine her wiping her hand across her mouth while delivering the punchline.

Svelte I know you’ll love this

[img_assist|nid=27506|title=joke|desc=|link=node|align=left|width=83|height=100][/quote]

OMFG….. loll

[svelte]

You’re right! I do love it! I’m gonna steal it!!!!

And I’m very sorry to hear about your gf. Thank you for keeping her memory alive.

[sdrealtor]

Here we are 3 years later and there can be no doubt cast about this post. Enough time has passed that it is no longer possible to argue it was just early as so much has changed. Yes last year was a rough one for many asset classes but long term investors that held on should be right back around where they started.

When I get some time, I look forward to reading through it start to finish to see what else I can learn from it. Hope everyone is doing well

[svelte]

” Here we are 3 years later and there can be no doubt cast about this post.”

Absolutely.  Did not come to pass.

Last week I was looking into how my portfolio did by year and for some reason from March 2020 to March 2021 it went up like 50%.  !!  Best year ever for me.  I’ll have to look back closer and see what I did!!

Here is what the SP500 has done since this thread started on June 2, 2020.   It would be hard to argue that cashing out would have been the right thing to do.  Very hard indeed.

[svelte]

I should also point out that the S&P 500 has a p/e ratio of 25.12 as of today.  A good range is 20-25, so prices are at the high end and if we hit a speed bump, well we could be in for a downturn.  Not a crash, but a general reduction in stock prices.

Another favorite measurement is the Shiller p/e ratio (which looks back 10 years instead of 12 months) which is at 30.37 when a good range is 10-15.  We are way out of range on that one!  But given that we are wrapping up a period of high inflation, looking back 10 years could be misleading.

[Author]

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