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Otherwise-Tale9671 t1_jdjst2e wrote

It seems “obvious” that the market is going to crash, right? Yet, look around, everyone has jobs and 2-3 percent mortgages. For the short term (through April), I’d be bullish. Historically in May you go away, so you can consider a different strategy at that point; however, pulling out entirely will be a mistake. There will be money to be made in certain sectors. We haven’t fully felt the effects of interest rate hikes yet, so plan on those fun times in Q3 and Q4 of this year. Again though, be in the right sectors for when/if something like that happened. If you are long, who cares? Just roll. Keep buying and buying and buying.

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Gummy_Jones t1_jdjtig4 wrote

And buying

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grimkhor t1_jdju1y4 wrote

And buying

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Capable-Ad2516 t1_jdjw8re wrote

And buying

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greenchili4lyfe t1_jdjx83h wrote

And buying

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Talkin_Shit_Brah t1_jdjynxc wrote

And buying

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madbank123 t1_jdk0acx wrote

And buying

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gg120b t1_jdk279i wrote

And buying

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exemplaryprophecy1 t1_jdk3ej4 wrote

and purchase

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Poke_collectibles20 t1_jdk4a09 wrote

And Buying

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Joseph_Oarson t1_jdk53m3 wrote

While your money keeps bye-ing and bye-ing and bye-ing...

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mabsta t1_jdk2fyx wrote

Crash is always six months away. But everyone has a job. Those at the bottom of the income ladder have gained the most, and they just pump money into the system. Spring break travel is higher than last year. This is the first year without a variant or some other covid issue, so still pent up demand, going back to the office, etc. Interest rates haven't changed debt service for fixed rate mortgage holders. But would I want to own empty office buildings? Hold floating rate debt? Buy my wife's boyfriend a house? Not in 6 months, no.

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Orbidorpdorp t1_jdk5639 wrote

One thing I've noticed is that the internet, especially Reddit and tiktok, have become hostile to any young person not toeing the party line that they're suffering. Part of it was a collective effort to make the case for student loan forgiveness, but it seems like it's gone further than that now.

I'm not saying that nobody is suffering, just that anecdotes are especially unreliable if there's a game element to it.

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devilsgospel666 t1_jdk804q wrote

Interesting to see someone bring this up, but yeah it's fuckin gross. Everyone in my generation is a whiny antiwork bitch crying for institutions to save them and living off their OnlyFans and I'm just over here making money pressing buttons in my basement a couple times a day. Ship them all to China honestly.

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NarcolepticTreesnake t1_jdk1ub3 wrote

Some people even have 3! We have so much employment companies are posting positions that only Bigfoot riding on the back of a unicorn smoking Dracula's pubes can fill.

I agree, this feels very similar to March '08 but with $1.5Q in global all sector debt derivatives, $400T of which have been created in the last 4 years. There's going to be bank to made when the government turns the printing press on for reals this time, not like that piddling 2020 shit. Commodites, energy and resource extraction are going to fuckin print.

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lax01 t1_jdk44h1 wrote

This is just not true lol - try looking for actual jobs right now, it’s not pretty

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NarcolepticTreesnake t1_jdk5tvg wrote

I know, they just post impossible ones to fill so they can import indians or just in case Jesus returns and wants to become a full stack developer

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