What's your plan for the next recession?

Garbage Can Lid
Garbage Can Lid

What's your plan for the next recession?

Booteefool
Booteefool

implying technical analysis is real
implying past performance can predict future results

King_Martha
King_Martha

@Booteefool
business cycle is cyclical.

w8t4u
w8t4u

@Garbage Can Lid
My portfolio is well diversified with recession proof investments. I own a business that sells products that won't drop off in demand because of a recession.

askme
askme

@Garbage Can Lid
It feels like we might have hit a tech crash after the various tech stocks lately either went down, crashed or went even. Means I guess the housing crash is coming in 2020.

massdebater
massdebater

@Booteefool
Do you really believe there will never be another bear market?

Firespawn
Firespawn

@w8t4u
My portfolio is well diversified

The 1990's called, it wants its mindset back.

TalkBomber
TalkBomber

Keep buying shares

RavySnake
RavySnake

@Garbage Can Lid
We're literally in a gigantic education and tech bubble. The next "recession" is going to be way bigger than the one we just had. That last recession should have been way worse than it was.

StonedTime
StonedTime

@RavySnake
We are in a start up bubble, not a tech bubble.

ZeroReborn
ZeroReborn

@askme
The majority of tech companies have had a shit year because of poor managerial abilities. Also, it might be because they all started to take off 2011-12 and their products are entered decline, e.g. twitter and vine.

Housing is solid. The Jews on Wall St. struggle to sell those CDOs to investors (I think they're called BTOs now).

My worry is the financial burden of the migrants in Europe.

AwesomeTucker
AwesomeTucker

@RavySnake
All the indicators are there. Just make sure when the markets reach their low to buy into the S&P 500

Raving_Cute
Raving_Cute

What is the next crash going to be called?

presidential crash
trump crash
clinton crash

take your pick

Nude_Bikergirl
Nude_Bikergirl

@RavySnake
The worst part is that cash rates all around the world are at record lows, so central banks have almost no hope of cushioning the fall.

Garbage Can Lid
Garbage Can Lid

@Garbage Can Lid
trump is going to tank the market

whereismyname
whereismyname

@Garbage Can Lid
Keep calm and buy the dip

Nude_Bikergirl
Nude_Bikergirl

@Nude_Bikergirl
no hope of cushioning the fall
what are open market operations
what is helicopter money
what are negative interest rates

kizzmybutt
kizzmybutt

Fuck this shit, I'm building up my skills so that I can go off grid if need be.

Gigastrength
Gigastrength

Just short all the stocks and your gtg

Nojokur
Nojokur

@kizzmybutt
what is an airtight seal

the gas would get in through your beard and kill you, dummy.

Harmless_Venom
Harmless_Venom

@Garbage Can Lid
I have a car. I don't have a lot of savings. I have skills, and a current reference.
I'm going to look into qualifications once I've paid my car off in full, and I have the ability to scale back my work hours to fit classes in.

Sir_Gallonhead
Sir_Gallonhead

@Garbage Can Lid
Buy the dip

LuckyDusty
LuckyDusty

@Garbage Can Lid
BUY WALMART

ZeroReborn
ZeroReborn

I'm dumping my savings into gold and Swiss Franks.

BinaryMan
BinaryMan

I will buy lots of gold and silver before it happens

then when the shit hits the fan I will buy lots of stock and real estate at low ass prices

assuming society isn't collapsing and the US dollar didn't lose world reserve currency status .

CouchChiller
CouchChiller

@massdebater

Of course there will be another one.
Technical analysis claims to know when based on patterns that someone drew with a crayon. THATS the bullshit part.

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