Is the stock market going to tank?

[Benny Profane]

So do I.

[Harvey44]

I have a theory that he's telling a select group of his buddies to short sell just before he does something like introduce tariffs.

It's certainly an easy way to make money, when no one gives a shit about what you do.

[iceman]

lots of people care my man.

[iceman]

vwinx and vwelx are my rocks.

[Benny Profane]

If <50 this^^

If >50-60, at least skim the Intelligent Investor and act accordingly. Wayyyy too many boomers are 80+% allocated to high beta investments. Don't think prior cycles had this imbalance given better FI yields then.

What?


Wayyyy too many boomers dont have shit for savings.

[Cono Este]

Dude, the equity markets, dummy. Why so scared?

I’m not sure how you can call the greater fool theory a “higher” return. Nothing is guaranteed. Could as easily be higher losses.




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[Benny Profane]

Ok, so, where is everyone going to make money, if it isn't in equities?

[4matic]

The twenty year return on SPY is around 6.5 % a year.

Cono is right. 40% down is just a test of the long term breakout.

Global stocks are negative for two years with higher dividend and growth rates.

Short term rates are high. Fed is at risk of trouble. Powell is an errand boy.

Beware the angry algo.

[meter-man]

What?


Wayyyy too many boomers dont have shit for savings.

Boomers are the wealthiest generation in history.

https://www.cnbc.com/2018/11/20/grea...llennials.html

God motherfucking damn you are a absolute moron.

Boomers hold 54% of total wealth.

https://www.fa-mag.com/news/baby-boo...ays-44070.html

All of these things are true --- Lots of boomers don't have shit for savings, but eh, that's an American problem. At the same time, collectively, viewed as a generation, they are exceptionally wealthy. Finally, and undoubtedly, benny profane is an absolute moron.

[Benny Profane]

Don't know who the fuck you are, but, I ain't waking up and going to some job I hate all week. How about you, asshole?

[Cono Este]

Ok, so, where is everyone going to make money, if it isn't in equities?

By working? The stock market has been a free ride for too long, no one has earned anything. We need some gut wrenching sell offs to make people appreciate risk again.


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[Benny Profane]

Dude, somebody should have told you. I will. You dont make money by working. Money makes money.

[Cono Este]

Dude, somebody should have told you. I will. You dont make money by working. Money makes money.

Fine! Just don’t call it “earning”, that should be clear to your Bernie Sanders logic.

The real earning in the stock market is made when many are wiped out, or, vomiting while holding on. That’s when you get paid.


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[4matic]

^^a major factor in why so many long-time managers have walked away.

Way behind fee compression as a reason. Friend of mine was paying 1.5% on a few million to a dart thrower family office that was legacy from his parents. No benchmark, no process. They subscribed to a newsletter and chose stocks randomly on opinion. Not that unusual.

[Benny Profane]

John Bogle spins in his grave.

[Cono Este]

Way behind fee compression as a reason. Friend of mine was paying 1.5% on a few million to a dart thrower family office that was legacy from his parents. No benchmark, no process. They subscribed to a newsletter and chose stocks randomly on opinion. Not that unusual.

Same morons who drive across town to save a nickel on a gallon of gas can’t even tell you how many 10’s of thousands per yr they pay someones idiot son down at Morgan.

Advisors get offended when I call them stock brokers, but that’s really an insult to a time when those douche bags had to actually put their money where their mouths are.


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[CarlMega]

All of these things are true --- Lots of boomers don't have shit for savings, but eh, that's an American problem. At the same time, collectively, viewed as a generation, they are exceptionally wealthy. Finally, and undoubtedly, benny profane is an absolute moron.

I'd be interested in seeing a more detailed breakdown... maybe the median of the boomer's wealth.

Boomers def hold most the wealth collectively and make up a disproportionate % of category defined as wealthy; but I'd wager its like the top 10-25% of boomers skewing it.

[mud]

https://www.reddit.com/r/wallstreetb..._bull_gang_hq/

[iceman]

The fact that the top .01% own as much as the bottom 90% fucks the averages up, Benny's right that most Boomers don't have shit. Steep's somewhat kinda right in that the very rich are probably mainly Boomers at this point, so technically Boomers own most of the wealth. It's most of the wealth but it's sure not most of the Boomers who have it. Means would be much more telling than averages but I can't find them atm.

[spanky]

Means would be much more telling than averages but I can't find them atm.

Huh? Medians?

[Cono Este]

The fact that the top .01% own as much as the bottom 90% fucks the averages up, Benny's right that most Boomers don't have shit. Steep's somewhat kinda right in that the very rich are probably mainly Boomers at this point, so technically Boomers own most of the wealth. It's most of the wealth but it's sure not most of the Boomers who have it. Means would be much more telling than averages but I can't find them atm.

Are you paying some idiot son to manage the ice chest?




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[iceman]

no, but what about what I wrote made you ask that? I'm just saying most Boomers aren't wealthy but some are very much so. To say "most wealth is in the hands of Boomers" is true, and also doesn't say much about most Boomers.

[4matic]

Short rates cracking. Good for ARM rollovers. I'm due adjustment in two years and paying 2.5% now.

[CascadeLuke]

Let’s say someone is pessimistic on equities in the future or rather doesn’t want the risk. What’s a responsible blend w/ bonds. 30 / 70 bonds?

[4matic]

Let’s say someone is pessimistic on equities in the future or rather doesn’t want the risk. What’s a responsible blend w/ bonds. 30 / 70 bonds?

Use target funds and adjust duration. Find a family of funds with the mix you like switch around for free.