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05-04-2017, 01:49 PM
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#1
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Valued Poster
Join Date: Sep 29, 2016
Location: Dallas
Posts: 432
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Next financial Crisis?
What are your thoughts on how to protect your assets against upcoming crash?
i thinking about selling all asset and holding just straight cash.
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05-04-2017, 02:14 PM
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#2
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BANNED
Join Date: Jun 5, 2016
Location: Chang’s head
Posts: 3,126
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Stock up on ammo
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05-04-2017, 02:27 PM
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#3
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Prowler
Join Date: Mar 30, 2009
Location: Perimeter of Atlanta
Posts: 1,465
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Quote:
Originally Posted by PeterBota
Stock up on ammo
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Especially if you are planning on converting to cash!
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05-04-2017, 04:56 PM
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#4
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BANNED
Join Date: Oct 23, 2016
Location: Dallas
Posts: 621
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Don't forget canned goods too!
And grow a garden, especially perennials, like fruit trees and asparagus.
Silver and gold.
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05-04-2017, 05:18 PM
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#5
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Valued Poster
Join Date: Jul 20, 2012
Location: DFW
Posts: 1,649
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Which looming crisis; housing bubble, student debt, Europe, Cheeto in charge effect?
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05-05-2017, 06:39 AM
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#6
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Account Disabled
Join Date: Oct 20, 2011
Location: Promo Code MY600
Posts: 4,389
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Quote:
Originally Posted by jayt4567
....i thinking about selling all asset and holding just straight cash.
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"The sky is falling...the sky is falling....!!" lol
You need to stop watching CNN, pal...those gloom and doom charlatans prey upon people's minds and souls....
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05-05-2017, 07:35 AM
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#7
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Valued Poster
Join Date: May 3, 2014
Location: Your incall
Posts: 5,379
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Hair gel
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05-05-2017, 07:42 AM
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#8
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Valued Poster
Join Date: Aug 13, 2009
Location: Dallas, Texas
Posts: 7,373
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Quote:
Originally Posted by Chateau Becot
"The sky is falling...the sky is falling....!!" lol
You need to stop watching CNN, pal...those gloom and doom charlatans prey upon people's minds and souls.... |
The Sky did fall under the last GOP admin. DJT admitted he made alot of money off of others misfortune
Im not a " sky is falling" kind of guy so I dont worry about it alot
But CNN was right last time. Same thing is happening under Trump
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05-05-2017, 09:03 AM
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#9
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Habeas Corpus Suspender
Join Date: May 5, 2013
Location: Phnom Penh, Cambodia
Posts: 36,100
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what looming financial crisis?
pundits have been saying our economy was on the verge of collapse from enormous National debt, since Jimmy Carter was in office.. inflation was supposed to spiral to Germany, circa 1922 levels.. in reality, inflation is a trace of what it was 35 years ago, after mammoth amounts of debt has been added.
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05-05-2017, 09:12 AM
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#10
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Account Disabled
Join Date: Oct 20, 2011
Location: Promo Code MY600
Posts: 4,389
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Quote:
Originally Posted by themystic
CNN was right
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^^^^^^Three words that are never, ever, ever placed in succession with actual human words and yet...sigh. Only you, mystic, can defy the natural order of the universe, lol.
Oh, btw, lookie, lookie! The Labor Dept just announced a 10-year LOW in unemployment today. Just like that sharp, upward turn in the Stock Market since Election Day, I guess it's still a residual effect from those eight strong years of Barry's "leading-from-behind"....
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05-05-2017, 12:45 PM
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#11
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Valued Poster
Join Date: Aug 13, 2009
Location: Dallas, Texas
Posts: 7,373
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Quote:
Originally Posted by Chateau Becot
^^^^^^Three words that are never, ever, ever placed in succession with actual human words and yet...sigh. Only you, mystic, can defy the natural order of the universe, lol.
Oh, btw, lookie, lookie! The Labor Dept just announced a 10-year LOW in unemployment today. Just like that sharp, upward turn in the Stock Market since Election Day, I guess it's still a residual effect from those eight strong years of Barry's "leading-from-behind"....
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LOL! I love (easy, in a spiritual sense) you CB. I do defy the Universe haha.
My stocks are looking good. I have no idea wio to give the credit to. My broker I guess
Labor Department stats, and all that were fake news according to DJT. Why the turnabout?
CNN is closer to the truth than FOX
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05-05-2017, 01:03 PM
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#12
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Valued Poster
Join Date: Sep 29, 2016
Location: Dallas
Posts: 432
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Strong bull market for the last 8 years where anyone and their momma invested in the market after 08 made a profit when will that end?
As of now i can not trust the what the government spit out because if i do i will become a sheep.
Sheep tend to get fuck like how deregulation of banks help the economy so well.
DJT is promising more deregulation in the future especially in the financial sector. We humans tend to not learn from past mistake so i am fearing/excited for when the day a big discount will come once again.
I got guns, ammo, and canned food. All i need now is a truck load of pussy to help me ride out the storm.
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05-05-2017, 04:51 PM
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#13
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Valued Poster
Join Date: Jan 9, 2014
Location: Near mid cities but never whaco
Posts: 4,826
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Do not invest in real estate. If you have some, you should seriously consider selling before this GOP president destroys the economy. Hopefully your remember what the regan/bush and bush jr did to the housing market. So many people were upside down it nearly destroyed the banking system....then along came Obama...AND YOU KNOW THE REST OF THE STORY. Even twit head knows how that works after multiple bankruptcies ugh.
Nobody wants to bust the market like a trump. He will be making huge money while he plays presidential lol.
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05-05-2017, 06:02 PM
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#14
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Babtized in dirty water 💦
Join Date: Nov 29, 2010
Location: Euless
Posts: 727
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Tsmokis
I notice you skipped Clinton and Carter.
Internet bubble for Clinton and impeachment!
Carter, uncontrolled inflation, highest interest rate in modern time, hostage crisis and GAS LINES! And Fucking DISCO��
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05-05-2017, 06:19 PM
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#15
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Valued Poster
Join Date: Jan 9, 2014
Location: Near mid cities but never whaco
Posts: 4,826
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Lol...Nixon (watergate)/carter. I'm not quite that old of an investor. Clinton was a rock star president. He could even keep trump out of bankrupt and screwing his employees and investors.
I'm guessing you're a gun owning redneck...to put it in a nice way lol. Not in the top 5%. Just a guess from my ignorant ass. (I can disrespect myself :-)
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