New GT3/GT2RS Leads With/Without ADM
02-13-2019, 10:22 AM
#3871
and if/when the recession (or even a mild economic downturn) hits, the impact felt by the exotic / luxury car market is HUGE.
02-13-2019, 10:31 AM
#3872
Three Wheelin'
Advocating for "Recession" just because a car is over priced due to ADM is not cool. A lot more people will suffer during recession.
The car, you either can afford or cannot afford.
Oh I forgot this is an economic/financial forum. Back to regular programming.
Drive safe,
GT3RS-Fan1
The car, you either can afford or cannot afford.
Oh I forgot this is an economic/financial forum. Back to regular programming.
Drive safe,
GT3RS-Fan1
02-13-2019, 10:57 AM
#3873
I can understand if someone thinks a recession is right around the corner and does a bit of wait-and-see. But there have been people on this forum who have confessed to actively rooting for a recession just to see p-car prices drop, which is quite sad, to put it politely.
02-13-2019, 11:02 AM
#3874
Race Director
02-13-2019, 11:30 AM
#3875
Race Director
I can understand if someone thinks a recession is right around the corner and does a bit of wait-and-see. But there have been people on this forum who have confessed to actively rooting for a recession just to see p-car prices drop, which is quite sad, to put it politely.
We all get hurt in a down turn
I wish every one hits the lottery
02-13-2019, 12:34 PM
#3876
Three Wheelin'
02-13-2019, 12:37 PM
#3877
Burning Brakes
02-13-2019, 02:52 PM
#3878
I've been heavily invested in bonds/fixed funds. It's in MY best interest for a stock market crash, economic recession. Once the market crashes, it's in MY best interest to buy large cap equities on the cheap using my fixed income funds. My investment strategy is dependent on others losing. It's not personal, it's business.
02-13-2019, 03:00 PM
#3879
Rennlist Member
Advocating for "Recession" just because a car is over priced due to ADM is not cool. A lot more people will suffer during recession.
The car, you either can afford or cannot afford.
Oh I forgot this is an economic/financial forum. Back to regular programming.
Drive safe,
GT3RS-Fan1
The car, you either can afford or cannot afford.
Oh I forgot this is an economic/financial forum. Back to regular programming.
Drive safe,
GT3RS-Fan1
02-14-2019, 01:29 PM
#3880
Racer
Join Date: May 2016
Location: Chicago, NYC, Zurich
Posts: 393
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20 Posts
I've been heavily invested in bonds/fixed funds. It's in MY best interest for a stock market crash, economic recession. Once the market crashes, it's in MY best interest to buy large cap equities on the cheap using my fixed income funds. My investment strategy is dependent on others losing. It's not personal, it's business.
The ultra-low bond yields you purchased have enabled companies to fund a record amount of equity buybacks since the crash in 2008/9. In fact, 2018 saw the greatest amount of buybacks on record. This has fueled the S&P to a 300% gain from the lows of the prior recession. No exaggeration, companies used YOUR money to create huge wealth for themselves. Afterwards, they pay you back par, plus the lowest yields on record. Their investment strategy was based on YOU losing and missing the entire bull market - the longest since WWII.
To use your quote: It's not personal, it's business.
Do you find this unsettling?
02-14-2019, 02:01 PM
#3881
Originally Posted by ChicagoWhale
Oh... the irony.
The ultra-low bond yields you purchased have enabled companies to fund a record amount of equity buybacks since the crash in 2008/9. In fact, 2018 saw the greatest amount of buybacks on record. This has fueled the S&P to a 300% gain from the lows of the prior recession. No exaggeration, companies used YOUR money to create huge wealth for themselves. Afterwards, they pay you back par, plus the lowest yields on record. Their investment strategy was based on YOU losing and missing the entire bull market - the longest since WWII.
To use your quote: It's not personal, it's business.
Do you find this unsettling?
The ultra-low bond yields you purchased have enabled companies to fund a record amount of equity buybacks since the crash in 2008/9. In fact, 2018 saw the greatest amount of buybacks on record. This has fueled the S&P to a 300% gain from the lows of the prior recession. No exaggeration, companies used YOUR money to create huge wealth for themselves. Afterwards, they pay you back par, plus the lowest yields on record. Their investment strategy was based on YOU losing and missing the entire bull market - the longest since WWII.
To use your quote: It's not personal, it's business.
Do you find this unsettling?
No hypocrisy here buddy.
02-14-2019, 07:58 PM
#3883
02-15-2019, 11:19 AM
#3885
