Back in September moved to 100% capital preservation in 401K | |
Anonymous Coward User ID: 75717867 Sweden 09/15/2021 10:39 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. What work of fiction did that come from? The books written by Klaus Schwab. Who has been praised as visionary leader by Christine Lagarde. Do you think these jokers are joking when they tell you they're going to enslave you? |
BRIEF
User ID: 79662918 United States 09/15/2021 10:39 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. yep, feels a little deja vooo ish.... in '08 almost half my IRAs and 401K evaporated... oh and about 500,000 in home equity gone... so, yeah at least I got cash and pm in the safe this time... soon... You didn't recover? Did you realize your losses? I remember 2008, I said well crap and did nothing, and it all worked out just fine... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Yoyo top
User ID: 77033682 United States 09/15/2021 10:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 78742603 United States 09/15/2021 10:40 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73324072 United States 09/15/2021 10:41 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. Great post! Yes, normalcy bias is what will paralyze the masses until it’s too late. |
Anonymous Coward User ID: 80562797 United States 09/15/2021 10:42 AM Report Abusive Post Report Copyright Violation | You need to spend every dime on food, water and supplies before your millions lose value and become hundreds Quoting: Anonymous Coward 79300419 History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait. A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%... Sure while the fed's balance sheet doubled. Markets are supported by insane printing. |
Anonymous Coward User ID: 80840431 United States 09/15/2021 10:42 AM Report Abusive Post Report Copyright Violation | |
Gray Man
User ID: 80874341 United States 09/15/2021 10:42 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. What work of fiction did that come from? [link to www.ebay.com (secure)] My friends call me Bob. |
BRIEF
User ID: 79662918 United States 09/15/2021 10:42 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. What work of fiction did that come from? The books written by Klaus Schwab. Who has been praised as visionary leader by Christine Lagarde. Do you think these jokers are joking when they tell you they're going to enslave you? He certainly has a vivid imagination, so does Steven King... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 77569219 United States 09/15/2021 10:43 AM Report Abusive Post Report Copyright Violation | You have 2 options. Keep the money in or cash out and buy TP, coffee, rubbing alcohol, etc. If the shtf, cash would be worthless. So bet long or bet doom. Quoting: Anonymous Coward 77569219 If you are full of shit, I suppose you should invest in toilet paper...I'm going/staying long term... Yep. It's American to be positive about our future, regardless of the present. There is a difference between experience and hope. An intelligent person does not believe in hope. Hope is passive. Although hope is an American ideal. I do think most people in the US would fight for the country if provoked. |
DuckNCover
User ID: 80634465 United States 09/15/2021 10:44 AM Report Abusive Post Report Copyright Violation | I don't see the economy opening up fully, in the near future. I'd expect more lockdowns and more mandates with inflation looming it's ugly head. This will squeeze the recovery. People will be driving less and staying home. Therefore, people will be streaming more and buying online more. That means companies like Amazon, Walmart, Apple, Microsoft, and other Growth stocks should go higher. Yes there will be a pull back, but a quick recovery in Growth stocks... I'm holding long in Growth and will weather the storm. When I eventually retire, in 5 years, then I can move my 401K stock market account into an IRA and have more choices in diversifying my funds... |
BRIEF
User ID: 79662918 United States 09/15/2021 10:44 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait. A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%... Sure while the fed's balance sheet doubled. Markets are supported by insane printing. Why should we have scarcity when we have quadrillions in resources? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Bonefortoona
User ID: 68560474 United States 09/15/2021 10:45 AM Report Abusive Post Report Copyright Violation | You need to spend every dime on food, water and supplies before your millions lose value and become hundreds Quoting: Anonymous Coward 79300419 History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... Historically, that's when America was not under Marxist communist rule and whatever happened in the market had real reasons. Would you leave money in a burned out business because that business was one profitable and predictable? America is a burned out business. |
BRIEF
User ID: 79662918 United States 09/15/2021 10:45 AM Report Abusive Post Report Copyright Violation | That's normalcy bias speaking. Beware of normalcy bias, it can be deadly... Meanwhile, they are busy resetting the system as we speak. They shut down Western nations over a flu scare to destroy small businesses. Their markets were then gobbled up by the big players like Amazon. Then they "benevolently" allowed the freshly unemployed masses to skip paying rent for a while to ruin small independent landlords. Their real estate then goes on the market, and is promptly gobbled up by Blackrock, which has an infinite money supply line from the Fed. That's just the opening salvos. They are engineering a total theft of everything that isn't nailed down on the planet (and everything that is nailed down too, for good measure). Their plans have been revealed: * A new financial system. Money will no longer exists in the old sense. Instead we will use digital "money" that is 100 % traced, that can be made to expire if we don't use it in time, and that can be earmarked to only be used to buy "essential goods". * Abolishing all ownership of assets for the peons. "You will own nothing, and you will be happy". Said by Klaus Schwab, who was praised for his visionary leadership by Christine Lagarde, the head of BIS (bank of international settlements, also known as "the central bank of the central banks"). Unless you are part of the elites, you aren't going to be allowed to own any financial assets in the future they have planned for you. It will be made ILLEGAL for you to hold title to your stock and other financial instruments. You will be forced to "sell" it all, at a price they determine, and you will only get the useless digital money I just described for it. Not money. Just slave tokens. The old financial reality you have been living in all your life is ending. Humanity has never before seen the total abolishment of privacy and freedom. But that's what we are facing now. Normalcy bias will keep most from seeing the danger until it is too late. You still have time to use your assets to prepare for the dark days ahead, but you aren't going to do it. Because you think the future will fundamentally be the same as the past. What work of fiction did that come from? [link to www.ebay.com (secure)] I browsed them on Amazon...I don't read much fiction anymore... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 57854626 United States 09/15/2021 10:45 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80840431 United States 09/15/2021 10:48 AM Report Abusive Post Report Copyright Violation | Another way to look at it is if you have been in the market for 20 years, you should have doubled your money at least three times...So giving back 25%, in the case of the '29 crash or the 20% from last year is tolerable... Quoting: BRIEF If what this doctor says is true, we’re looking at societal collapse - It will collapse almost every company. |
BRIEF
User ID: 79662918 United States 09/15/2021 10:48 AM Report Abusive Post Report Copyright Violation | You need to spend every dime on food, water and supplies before your millions lose value and become hundreds Quoting: Anonymous Coward 79300419 History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... Historically, that's when America was not under Marxist communist rule and whatever happened in the market had real reasons. Would you leave money in a burned out business because that business was one profitable and predictable? America is a burned out business. Businesses change to accommodate the needs and wants of the consumer...The Pandammit will burn out in the coming months, just like the Spanish Flu of 1918, and 50 years later the Hong Kong flu that burned out in about two years...If it mutates, it eventually dies... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Yoyo top
User ID: 77033682 United States 09/15/2021 10:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 80811345 United States 09/15/2021 10:48 AM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79442429 United States 09/15/2021 10:48 AM Report Abusive Post Report Copyright Violation | Do not fall for the panic of doing something, when doing nothing is the best course of action...I call it the do something syndrome. The law of unintended consequences exponentially increases with the urge to "doing something", in most cases... We have perfected our strategy and to deviate from it would defeat the purpose of having a plan in the first place... Never sabotage yourself... |
Wookiee
User ID: 62421844 United States 09/15/2021 10:50 AM Report Abusive Post Report Copyright Violation | I went full Money Market funds 6 months ago so I'm smelling what you're stepping in OP. Next Monday I'm pulling my entire 401k out w/o penalty. Quoting: Anonymous Coward 79967303 But there will be taxes. Unless you cash out, buy Gold coins and carry them to Tonga. Warning: JustSomeGuy_42 is a publicly confessed unvaxxed neophiliac . If the number 666 is considered evil. then technically, 25.8069758 is the root of all evil. |
Anonymous Coward User ID: 80811345 United States 09/15/2021 10:51 AM Report Abusive Post Report Copyright Violation | The stock market is the cause of much evil and depends on wages being as close to slave like wages as possible, immigration globalism, negative interference by foreign entities, war, Quoting: Anonymous Coward 80811345 etc. It also increases business monopolies power and makes it difficult for actual individual capitalism and encourages the status quo instead of actual innovation. It makes things like medicine a business, concerned with a bottom line instead of being concerned with curing people and preventing illness. |
overwatch
User ID: 78531121 United States 09/15/2021 10:54 AM Report Abusive Post Report Copyright Violation | ... Quoting: LoneStarRising This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait. A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%... Do you really think we cannot have another long-term global depression? The circuit breakers can slow things down and the FED is not in control at some point. No matter what helicopter Ben Bernanke says. Each share you own is your piece of the company you are invested in, by investing in the whole of the economy, there's zero chance they will go to zero... The stock market is over 500 years old and has never actually crashed...People call the sudden dips a crash, but that's not a true statement...Panic and emotion are unpredictable, but a company that makes money will never go to zip... Say what? |
BRIEF
User ID: 79662918 United States 09/15/2021 10:55 AM Report Abusive Post Report Copyright Violation | 1918 Spanish flu = extinct 1969 Hong Kong flu = extinct Covid -19 = Soon will become extinct 2019 - 1969 = 50 years 1969 - 1918 = 51 years Because most of us here have not witnessed a pandemic, that seems to occur every 50 years, it causes many to panic and think the world is ending...It's not. I promise. I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BeetusTech
User ID: 80060400 United States 09/15/2021 10:55 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:56 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%... Do you really think we cannot have another long-term global depression? The circuit breakers can slow things down and the FED is not in control at some point. No matter what helicopter Ben Bernanke says. Each share you own is your piece of the company you are invested in, by investing in the whole of the economy, there's zero chance they will go to zero... The stock market is over 500 years old and has never actually crashed...People call the sudden dips a crash, but that's not a true statement...Panic and emotion are unpredictable, but a company that makes money will never go to zip... Say what? THE STOCK MARKET IS WELL OVER 500 YEARS OLD Get it now? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 65571479 United States 09/15/2021 10:57 AM Report Abusive Post Report Copyright Violation | . God warns us about idols… And the love of money has become the biggest… We basically support these corporate takeovers with our labors… And the world loves it… . Put no trust in money of these systems of idol worship… God will bring down these systems… |
overwatch
User ID: 78531121 United States 09/15/2021 10:58 AM Report Abusive Post Report Copyright Violation | ... Quoting: LoneStarRising Do you really think we cannot have another long-term global depression? The circuit breakers can slow things down and the FED is not in control at some point. No matter what helicopter Ben Bernanke says. Each share you own is your piece of the company you are invested in, by investing in the whole of the economy, there's zero chance they will go to zero... The stock market is over 500 years old and has never actually crashed...People call the sudden dips a crash, but that's not a true statement...Panic and emotion are unpredictable, but a company that makes money will never go to zip... Say what? THE STOCK MARKET IS WELL OVER 500 YEARS OLD Get it now? when you say "the" Im reading that as the one in this country. Last Edited by overwatch on 09/15/2021 11:00 AM |
Anonymous Coward User ID: 73084087 United States 09/15/2021 10:58 AM Report Abusive Post Report Copyright Violation | |
BRIEF
User ID: 79662918 United States 09/15/2021 10:58 AM Report Abusive Post Report Copyright Violation | One of Ben Franklin's associates fractured his arm leaving to go short the market in London, by leaving so hastily his wagon overturned, when he learned that the French agreed to finance and join America in the fight against England LOL He made a shit ton of money too!! I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |