>it couldn't possibly get any worse
>buy
>gets worse
>lose everything
Hi Sup Forums
at the end of the bust.
when it has dropped to the bottom and is beggining to rise.
don't buy anything to expensive. don't start a morgage. you may get fired in the coming year because of the bad economy.
be prepared for 18 months of hard times (some people will get out of it earlier then or even avoid it but you dont know if you will or won;t)
Buy low and sell high. Generally speaking, buy when other people sell and sell when other people buy.
>prepare for 18 months
most of Sup Forums isn't prepared for 18 days unless their autism neet bux comes in the mail on time
I believe we're mainly in a stock bubble created by a combination of instability in Europe and overly low interest rates.
You're in charge of some huge investment account. You need to put the money somewhere. CDs? No, interest is worthlessly low. US Bonds? No, interest too low. European bonds? No, too unstable. American stocks? Ding ding ding.
With no other real place to put the money, it has all been going into stocks and hyper-inflating a lot of companies that are considered long-term stable with a chance for growth, like Amazon, Netflix and Tesla -- all three are great examples of good companies that now have tremendously overvalued stock just because it's seen as a safe place to hold money.
The risky part is going to be raising interest rates. If they raised them to 5% tomorrow, the whole fucking stock market would implode in epic fashion. It will start with people wanting to move money to safe interest-based loans but it'll end with nobody wanting to be left holding the bag as the bottom drops out of the market.
The only way I see to avoid this bloodbath is if Trump (and, rather more importantly, Congress) do so staggeringly well that economic expectations can actually rise to meet where stocks really are and the P/E catches up on the E side.
t. guy who watched wolf of wall street once
I watched your mother once, in a strip club.
Thanks user. I'm a NEET but I have 0 debt and $5k in the bank. What would you recommend?
this is Sup Forums
the serious board.
/r9k/ can't last a week without tendies but Sup Forums can last anything
We just had one. Fake news.