1. #1
    pilebuck13
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    US stocks crater as the Dow sheds 939 points and Nasdaq notches its worst month since

    https://markets.businessinsider.com/news/stocks/stock-market-today-nasdaq-worst-month-2008-amazon-tech-earnings-2022-4


    Writing is on the wall men bad times are coming. The bottom is about to fall out.

  2. #2
    Booya711
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    Thanks Biden….piece of shit
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  3. #3
    pilebuck13
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    Last night after I dropped 70 dollars on cold medicine because I got the flu and the little twig cuck behind the register double masked…. Asks me if I have a rewards number which saved me 20 cents informed me it would be 10 cents for my bag it all dawned on me….. I looked at him and said wow they want to charge for everything these days he looked back and muffled well it’s to reduce the amount of plastic bags…… I just stared at him thinking to myself the men are dead. Mission complete we are fuked. Same with the little fuk at the grocery store down the road pushing carts alone outside with a mask on and pink hair dye.

  4. #4
    MinnesotaFats
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    I posted a link on Monday...

    There's MASSIVE issues coming in Japan too...they may hit 09 level crisis.

    Biden is clueless, the FED is out of bullets and the Democrats have pushed this Administration under the bus for 22 & 24. They've given up on Joe and will simply continue to work towards WRECKING America for the heartland & Florida residents.

    0 Republicans voted for Joe's stimulus, everyone warned him it was too much....he didn't listen....Democrats own this RECESSION

  5. #5
    jjgold
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    Thanks Joe

  6. #6
    lakerboy
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    The problem is simple. Too many leftist losers in power throughout the west. They overspent on this overblown covid flu crap.

  7. #7
    teecee
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    RECAF was up 3.85% today.
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  8. #8
    lakerboy
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    Quote Originally Posted by pilebuck13 View Post
    Last night after I dropped 70 dollars on cold medicine because I got the flu and the little twig cuck behind the register double masked…. Asks me if I have a rewards number which saved me 20 cents informed me it would be 10 cents for my bag it all dawned on me….. I looked at him and said wow they want to charge for everything these days he looked back and muffled well it’s to reduce the amount of plastic bags…… I just stared at him thinking to myself the men are dead. Mission complete we are fuked. Same with the little fuk at the grocery store down the road pushing carts alone outside with a mask on and pink hair dye.
    LMFAO. You should have told him you were around when they were saving trees and getting rid of paper bags.

  9. #9
    Otters27
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    Big problem with food being so expensive.

    Restaurants and such.

  10. #10
    MinnesotaFats
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    Quote Originally Posted by Otters27 View Post
    Big problem with food being so expensive.

    Restaurants and such.
    People aren't rejoining the workforce. They're all doing "gigs"

    Noone in this 19-30 generation has any money, cash flow or assets. They're all $150k in debt w a music degree yet still pouring lattes at Starbucks

    It's fukking HILLARIOUS

    Kids that learned to weld, fix a car, pave a road, survey a boundary, etc doing great....college liberals all left for dead.

  11. #11
    pilebuck13
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    Quote Originally Posted by MinnesotaFats View Post
    People aren't rejoining the workforce. They're all doing "gigs"

    Noone in this 19-30 generation has any money, cash flow or assets. They're all $150k in debt w a music degree yet still pouring lattes at Starbucks

    It's fukking HILLARIOUS

    Kids that learned to weld, fix a car, pave a road, survey a boundary, etc doing great....college liberals all left for dead.
    Minny is one of the sharpest guys here. I barely graduated high school yet for 2 years went half day to trade school learned to weld which led me into my career where I’m clearing 120k plus a year with no college. Lots of long hours and hard work have allowed me that. Instead of these schools pushing college onto some kid who is not going to make it is simply a scam. They need to invest more in trade schools and quit selling college to every kid in high school. Sure there are exceptions and some are extremely bright and college might be there thing but the others learn a skill craft trade. My sister also went to the same trade school before she graduated high school she was a certified nurse assistant and had a job upon graduation…. She eventually became a registered nurse and is the charge nurse on her floor. I find it funny especially with minorities in the city who cry about no good paying job when any minority male or female in Seattle can literally join any trade they want and basically have direct entry to a apprenticeship program. There are even programs in the city that offer them work gear tools and rides yet most white kids wait sometimes years on lists before they get in. Yet some argue they need to make a living wage At McDonald’s. They are lazy. The whole system has been ruined. It’s a joke.
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  12. #12
    ThaTopMoron
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    can't wait to watch the bottom fall out

    then the hedge funds shorting certain stocks to keep them held down will run out of liquidity and then these certain stocks are going to start ROARING

    it's a waiting game

  13. #13
    Git Lo
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    Gotta learn how to make money when the market goes does whether its options or inverse etfs (sqqq, uvxy, faz, etc).

    But yes buying the dip is officially over and been over

  14. #14
    TheMoneyShot
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    Quote Originally Posted by MinnesotaFats View Post
    People aren't rejoining the workforce. They're all doing "gigs"

    Noone in this 19-30 generation has any money, cash flow or assets. They're all $150k in debt w a music degree yet still pouring lattes at Starbucks

    It's fukking HILLARIOUS

    Kids that learned to weld, fix a car, pave a road, survey a boundary, etc doing great....college liberals all left for dead.
    Can 82,000,000 people be this dumb who voted for Biden? Is society this ignorant? Rigged or not rigged... PURE CLOWN SHOW!
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  15. #15
    TheMoneyShot
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    Chicken breast $3.00 a pound.

    Honestly... I've never seen so many people shopping for groceries daily.... with the lightest shopping cart. It's incredible.
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  16. #16
    MinnesotaFats
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    It's not a dip thing...it's a Generation thing.

    Covid + Liberals literally STOLE $4TRILLION and it all went to the top 1% (less than 425,000 families will have seen their non RE net worth increase between 2020 -2023) in America.

    Still, so many Liberal voters don't see what this us/ was about.

    It was the curtain call for the Boomers in power. The last great heist. What can we steal and pass along to our heirs....

    ....the rest of us sat by.

    The ONE AND ONLY QUESTION for Gen X is whether or not we pay the $30 trillion in debt or say fukk it....

    That's the next fight, and it's right around the corner.

    Not w China, but with Japan and ourselves. The Japanes Govt, the US Federal Reserve and the US citizens own the $30 Trillion.

    My gut tells me Japan is trying to cash out...they've hit rock bottom after 30 years of Stagflation....the US Fed is tapering....so that leaves the US Consumers.

    2 choices.... 1- you say fukk it & the debt forecloses/ defaults and interest rates spike

    2- you literally have to confiscate wealth (property) to pay it down....and that's a civil war. The IRS is actually a rather toothless agency. They can lein but they lack collection power.

    It'll take Federal invasion of States for seizure of individuals private property

  17. #17
    209 Life
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    Biden is losing his mental condition more daily you can see it. Shake imaginary hands and talks and stumbles every 2 seconds. Mental capacity is gone
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  18. #18
    gauchojake
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    I sold about 60% of my portfolio Monday - kept some stocks and metal etfs. Last Friday's sell off was a big red flag. We may dip below 30k on the DOW. Let's see what the Fed does with interest rates.
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  19. #19
    pilebuck13
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    Quote Originally Posted by gauchojake View Post
    I sold about 60% of my portfolio Monday - kept some stocks and metal etfs. Last Friday's sell off was a big red flag. We may dip below 30k on the DOW. Let's see what the Fed does with interest rates.
    Looking like another .5 increase this month and next…. Call me crazy but I’m cashing out the house. It’s older needs quit a bit of work all though I’m in a decent suburb of Seattle I see a buying opportunity coming soon

  20. #20
    gauchojake
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    Nothing wrong with that. Take the money. As long as you've lived there for 2 years the first 250k in profits are tax free.
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  21. #21
    pilebuck13
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    Quote Originally Posted by gauchojake View Post
    Nothing wrong with that. Take the money. As long as you've lived there for 2 years the first 250k in profits are tax free.
    Oh yah bought in 2015

  22. #22
    hehfest
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    Could you imagine...


  23. #23
    gauchojake
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    Nice- I wrote a pretty long post in response to your previous question on the topic. If you didn't see it I quoted below.

    The housing cycles that I have seen usually run 10-12 years. The thing you should think about is that you have a place that needs some upkeep, but was purchased for a low price and has an interest rate you will likely never see again. You could get a renter in there (with a management company to deal with the BS) to pay the mortgage and I am guessing cash flow positive. For long term multi income strategy, having rental income is a nice way to supplement your pension when you retire.

    Me personally - I wish I kept the first place I bought. I would be sitting on a gold mine.

    Either way, good problem to have. Just don't wait too long to sell if that's your ultimate decision.

    Quote Originally Posted by gauchojake View Post
    In the last housing bubble, I knew quite a few people who cashed out and waited for the next buying opportunity by renting. Rents were artificially low though because everyone with a property that was on an interest only ARM was trying to save their investment by renting it out and moving somewhere cheaper. That isn't happening right now. Inventories are stupid low so until we start building more homes, prices could stay relatively stable.

    Right now, rents are high in comparison so your profit will get chewed up faster. The thing to consider is that 250k in profit is tax free (500k for couples) if you have lived there 2 years or more. That's a lot of money you can take off the table to do other things with.

    With rates being high, you could put the money elsewhere and probably preserve the capital until another buying opportunity arose. Or you could stay in your house, wait for a buying opportunity, leverage your equity and keep the current house as a rental.

    BTW when random dudes on message boards are becoming experts at anything, it's time to run for the hills.
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  24. #24
    Mase of Base
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    Quote Originally Posted by gauchojake View Post
    Nice- I wrote a pretty long post in response to your previous question on the topic. If you didn't see it I quoted below.

    The housing cycles that I have seen usually run 10-12 years. The thing you should think about is that you have a place that needs some upkeep, but was purchased for a low price and has an interest rate you will likely never see again. You could get a renter in there (with a management company to deal with the BS) to pay the mortgage and I am guessing cash flow positive. For long term multi income strategy, having rental income is a nice way to supplement your pension when you retire.

    Me personally - I wish I kept the first place I bought. I would be sitting on a gold mine.

    Either way, good problem to have. Just don't wait too long to sell if that's your ultimate decision.
    That's just hindsight though, yeah we are gamblers here but there's a reason why a very small percentage of folks in the world are property developers or earn an income from the rental market. Literally gamble everyday but it ain't $100 plays. Need balls of steel, cash behind you and be able to handle an awful lot of stress!

  25. #25
    HAPPY BOY
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    got my retirement $$ safe..no exposure..thank God. the rest..God be with u. think thisn gets way worse before a turn around..way worse

  26. #26
    mikejamm
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    Typical of you trumptard dik lov’in whiny bitches.

    Blame economic decline on the one man who’s actually trying to save it, a President who actually gives a damn about American lives here and across the planet where innocent Ukrainian civilians are being murdered by a Russian hitler hell bent on destroying the world.

    President Biden didn’t start a war with a free country you nimrods, and Trump would have stood by like the little Putin bitch he is and let Putin’s ass invade Ukraine and murder people at will without lifting a finger to help the Ukrainians.

    This is the kind of idiotic ignorant shit you get when brain dead republicans like you all run your big ignorant mouths and didn’t learn anything about basic economics and a Global economy.

    You all act like we make everything here and don’t rely on the shit we buy from every country in the world.

    Putin’s war is fuk’in up the entire world on a global economic scale, at least President Biden has the balls to stand up to him.

    Hang on to that pipe dream thinking a republican controlled administration is gonna snap its fingers and make everything all better for you brainwashed spoiled pussies.

    Trump ignored all the warnings and proof about Covid 19 and look how many American lives were lost because of it.

    Incited a deadly Capitol riot based on a bullshit lie and attempted to prevent the peaceful transfer of power to an elected President.

    Drump left the largest deficit ever for 1 term President, and pardoned criminals who conspired with Russia to get him elected.

    Bitch’in about an over valued bloated stock market, controlled by rich fuks you’ll never be a part of.

    Be thankful you have food and a place to sleep tonight without fuk’in bombs dropping on you and your family.
    Last edited by mikejamm; 04-30-22 at 03:20 PM.
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  27. #27
    Wilfred
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    Honestly just a good time to get in the market with freed up cash. When this Ukraine fiasco is done stuff will bounce back near what they were a few months ago just will have to be patient for whenever that will be

  28. #28
    BOA12
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    Quote Originally Posted by mikejamm View Post
    Typical of you trumptard dik lov’in whiny bitches.

    Blame economic decline on the one man who’s actually trying to save it, a President who actually gives a damn about American lives here and across the planet where innocent Ukrainian civilians are being murdered by a Russian hitler hell bent on destroying the world.

    President Biden didn’t start a war with a free country you nimrods, and Trump would have stood by like the little Putin bitch he is and let Putin’s ass invade Ukraine and murder people at will without lifting a finger to help the Ukrainians.

    This is the kind of idiotic ignorant shit you get when brain dead republicans like you all run your big ignorant mouths and didn’t learn anything about basic economics and Global economy.

    You all act like we make everything here and don’t rely on the shit we buy from every country in the world.

    Putin’s war is fuk’in up the entire world on a global economic scale, at least President Biden has the balls to stand up to him.

    Hang on to that pipe dream thinking a republican controlled administration is gonna snap its fingers and make everything all better for you brainwashed spoiled pussies.

    Trump ignored all the warnings and proof about Covid 19 and look how many American lives were lost because of it.

    Incited a deadly Capitol riot based on a bullshit lie and attempted to prevent the peaceful transfer of power to an elected President.

    Drump left the largest deficit ever for 1 term President, and pardon criminals who conspired with Russia to get him elected.

    Bitch’in about an over valued bloated stock market, controlled by rich fuks you’ll never be a part of.

    Be thankful you have food and a place to sleep tonight without fuk’in bombs dropping on you and your family.
    Brain dead spoiled pussies THEY R. Some things, will never change.

  29. #29
    jjgold
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    Bear market

    Every indicator says yes

  30. #30
    TheMoneyShot
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    Quote Originally Posted by mikejamm View Post
    Typical of you trumptard dik lov’in whiny bitches.

    Blame economic decline on the one man who’s actually trying to save it, a President who actually gives a damn about American lives here and across the planet where innocent Ukrainian civilians are being murdered by a Russian hitler hell bent on destroying the world.

    President Biden didn’t start a war with a free country you nimrods, and Trump would have stood by like the little Putin bitch he is and let Putin’s ass invade Ukraine and murder people at will without lifting a finger to help the Ukrainians.

    This is the kind of idiotic ignorant shit you get when brain dead republicans like you all run your big ignorant mouths and didn’t learn anything about basic economics and Global economy.

    You all act like we make everything here and don’t rely on the shit we buy from every country in the world.

    Putin’s war is fuk’in up the entire world on a global economic scale, at least President Biden has the balls to stand up to him.

    Hang on to that pipe dream thinking a republican controlled administration is gonna snap its fingers and make everything all better for you brainwashed spoiled pussies.

    Trump ignored all the warnings and proof about Covid 19 and look how many American lives were lost because of it.

    Incited a deadly Capitol riot based on a bullshit lie and attempted to prevent the peaceful transfer of power to an elected President.

    Drump left the largest deficit ever for 1 term President, and pardon criminals who conspired with Russia to get him elected.

    Bitch’in about an over valued bloated stock market, controlled by rich fuks you’ll never be a part of.

    Be thankful you have food and a place to sleep tonight without fuk’in bombs dropping on you and your family.
    I don't agree with this Jammer.... but you're still my pal good luck with your wagers today!
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  31. #31
    mikejamm
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    Quote Originally Posted by TheMoneyShot View Post
    I don't agree with this Jammer.... but you're still my pal good luck with your wagers today!
    You may not agree with me MS, but it’s the truth bro. No President is gonna be perfect and make everybody happy, especially with the division we have today brought on by ignorant fuk politicians whose only agenda is to continue to spread lies and divide us.

    When people realize it’s not a “us verses them” and begin to understand what happens half way around the world affects us all, only then will our economic situation get better.

    And right now, the sole source of world economic instability, is the deranged lunatic murderer of innocent people, Putin.

  32. #32
    Kermit
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    Quote Originally Posted by mikejamm View Post
    Typical of you trumptard dik lov’in whiny bitches.

    Blame economic decline on the one man who’s actually trying to save it, a President who actually gives a damn about American lives here and across the planet where innocent Ukrainian civilians are being murdered by a Russian hitler hell bent on destroying the world.

    President Biden didn’t start a war with a free country you nimrods, and Trump would have stood by like the little Putin bitch he is and let Putin’s ass invade Ukraine and murder people at will without lifting a finger to help the Ukrainians.

    This is the kind of idiotic ignorant shit you get when brain dead republicans like you all run your big ignorant mouths and didn’t learn anything about basic economics and a Global economy.

    You all act like we make everything here and don’t rely on the shit we buy from every country in the world.

    Putin’s war is fuk’in up the entire world on a global economic scale, at least President Biden has the balls to stand up to him.

    Hang on to that pipe dream thinking a republican controlled administration is gonna snap its fingers and make everything all better for you brainwashed spoiled pussies.

    Trump ignored all the warnings and proof about Covid 19 and look how many American lives were lost because of it.

    Incited a deadly Capitol riot based on a bullshit lie and attempted to prevent the peaceful transfer of power to an elected President.

    Drump left the largest deficit ever for 1 term President, and pardoned criminals who conspired with Russia to get him elected.

    Bitch’in about an over valued bloated stock market, controlled by rich fuks you’ll never be a part of.

    Be thankful you have food and a place to sleep tonight without fuk’in bombs dropping on you and your family.
    The economic decline started long before Putin did anything. Anyone with a brain seen this coming when Biden started undoing everything that was already in place. Every change that Biden made has gone on to fukk the country and everyone living in it. Even CNN has turned on Biden and isn't defending him as much anymore.

    You guys know that you elected a retard who doesn't know his ass from a hole in the ground and are shifting the blame to someone else.

    And you don't know how Trump would have handled this. You say that he would have stood by and let Putin invade Ukraine(which is exactly what Biden did). For all you know, Trump may have deterred Putin from doing anything.
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  33. #33
    pavyracer
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    Stock market during Trump years went down 50% and came back. Now it is down 20% and everyone is predicting the apocalypse.

    Here is my advise. If you are investing for short term get out.

    I remember in March of 2009 when everyone was selling and said the Dow was going down to 0! Well I bought at 7,000 and now I can retire soon.
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  34. #34
    Slurry Pumper
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    Ok this inflation fueled recession is and always was 14 years in the making through both republican and democratic rule. The last couple of years just sped up the timeline a little bit but it's been coming since the 1st qualitative easing by the Fed. Then a systematic kicking of the can down the road and companies offshoring the production of things masked the inflation for all of that time. Now the gig is up and any more cam kicking will exacerbate the inflation, and the Fed raising rates to combat inflation will crash the economy. We are effed either way. Enjoy the next 5 to 7 years its going to suck.
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  35. #35
    d2bets
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    Quote Originally Posted by pavyracer View Post
    Stock market during Trump years went down 50% and came back. Now it is down 20% and everyone is predicting the apocalypse.

    Here is my advise. If you are investing for short term get out.

    I remember in March of 2009 when everyone was selling and said the Dow was going down to 0! Well I bought at 7,000 and now I can retire soon.
    Except it isn't even. S&P 500 is up over 25% since Biden beat Trump 17 months ago. That's over 13% annualized. Better than average. People just have short-term and selective memories.

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