Stock Market Crash ... Are you prepared?

Discussion in 'Survival/Preparedness Forum' started by PaulMason, Feb 23, 2020.

  1. PaulMason

    PaulMason

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  2. NAZG26

    NAZG26 Lost in transit

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    My real estate portfolio is solid. Bring it.
     
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  3. TheDreadnought

    TheDreadnought

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    I actually reallocated a significant portion of my portfolio to short term bonds in anticipation of a Coronavirus correction that has not yet materialized. We shall see.

    What’s your thought on why the market will “crash.”
     
  4. rtk

    rtk

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    It’s not a crash, it’s a correction... it’s overdue... Elect Bernie, then it will be a crash....
     
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  5. FullClip

    FullClip Native Mainiac CLM

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    Got 12 empty 30-Packs of Bud in the basement. My aluminum futures are tangible and easy to liquidate at the redemption center into cold hard cash.
     
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  6. tuica

    tuica

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    Yes...and no. The answer to many complex and unknown questions.
     
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  7. The Father

    The Father

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    What is the date for the crash? Market was going to crash in 2016. Then we were headed to a recession in spring of 2019. You have some technical analysis to provide?
     
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  8. PaulMason

    PaulMason

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  9. ChuteTheMall

    ChuteTheMall Wallbuilder and Weapon Bearer

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    I'm happy to be profiting from all the money I invested over the years.:suntan:
    I pity the fools who have wasted the good years thinking a crash was imminent.

    Invest while you can, this is the best economy in the entire history of the world! :elephant:
     
  10. PaulMason

    PaulMason

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    Are all those Beanie Babies you bought years ago are finally worth something?

     
  11. BuckeyeGlock77

    BuckeyeGlock77

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  12. Climbhard

    Climbhard

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  13. Terry G

    Terry G

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    I'm with you. Years ago got a good windfall and put a lot in investment's through a broker. Won a lot, but tossed and turned a lot too. Left work on Friday in great shape and came back Monday to learn I lost a LOT. Thought about it all week and transferred it in to a low interest no risk account. Didn't make much but I slept like a rock. I would say be aggressive when your young. When you reach the half way point in your career, go safe.
     
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  14. Jonesee

    Jonesee

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    I've been in the market at some level going on 40 years. The 80s, 90s, 00s, 10s and damn now we are in the 20's. I've been through spiraling stagflation, the dotcom bust, and the great recession.

    Currently 70% equities, 30% 5 year melded bonds, and a substantial cash position that I don't count as investments.

    I think I'm where I want to be and don't anticipate making any changes. The older I've gotten, the calmer I've become about market swings.

    I calculate at least a 20% drop in the market in my models. I already have a model assuming a 20% decline in 2020.

    No preparation needed. No changes planned. Just let the market do its thing. It has proved fruitful over these many years.
     
  15. papershoot

    papershoot

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    It has been on my mind, I am still almost all in equities. Timing is a double edged sword. I could very well regret it and it wouldn't be the first time. I'm more of the Alfred E. Newman type when it comes to worrying.
     
  16. TheDreadnought

    TheDreadnought

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    Meh.

    More speculation from 2 years ago predicated on a recession that never happened, and shows no signs of happening in the near future. US underlying conditions are still strong.

    They’ve been pumping out tripe like this since before Trump was inaugurated... praying for a recession.

    Coronavirus, sure that can have an impact. I’m planning for one. But this recession talk is just crap and wishful Dem thinking.
     
  17. nikerret

    nikerret Mr. Awesome

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    I need the market to keep going at least until the first week of May. That’s when I have to take out my 457 money.
     
  18. sciolist

    sciolist On the Border

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    Pretty much agree. Unless you're planning to cash everything out, just let the market do its thing.
     
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  19. Jonesee

    Jonesee

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    I know very little about 457 plans, I'm in the private sector.

    Are you required to withdraw funds from the 457 plan? (other than an RMD?)
     
  20. PaulMason

    PaulMason

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    you didn't read it correctly … written in '18 about '20 … unless you know what will happen in the rest of the year?