A place to discuss all things ADM
#1082
Agreed. Volatility is coming. What precisely is meant by a bubble "popping" ? What's in the "bubble" ? It's not difficult to find a few variables that support an incoming correction, but I don't think that auto translates to GT car buyers to stop buying GT cars and the excessive lists at dealerships to disappear or drastically shrink
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AlexCeres (01-21-2022)
#1083
#1084
#1085
Everyone is right until they're wrong or wrong until they're right. There's always a correction coming, whether tomorrow or in 3 years. Stay within your lane, risk-wise, and you're fine.
Batten down the hatches is a bit dramatic, unless you're far over allocated into growth
Batten down the hatches is a bit dramatic, unless you're far over allocated into growth
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AlexCeres (01-21-2022)
#1086
100% in agreement. I survived 2000, 2008, 2020- all of which were a once in a lifetime event. Be smart, don’t overleverage and have enough set aside for a rainy day.
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PTS (01-21-2022)
#1087
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AlexCeres (01-21-2022)
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AlexCeres (01-21-2022)
#1092
meh. The rate hikes under discussion are vastly too small to materially impact the GT car income bracket, and Ukraine getting annexed won’t materially effect either the US or Chinese economies. A lot of short term volatility no question. Take some profits, hedge some positions, sure. A 2008 style unwinding is neither likely nor desirable. The bubble popping makes everybody poorer. A little ADM is better than watching your investments, retirement and house all collapse in value. Assuming you get to keep your job. 2008 really hurt a lot of people.
Last edited by Diablo Dude; 01-21-2022 at 04:15 PM.
#1093
I'm also a big believer in knowing what you own.
Many people are invested in the typical "60/40" balanced retirement account or investment allocation that their financial advisor has recommended.
Those accounts are getting crushed right now. So are the one's that have been invested in "growth" equities, many of which are down 50% over just the last six months.
Remember, its a market of stocks and not a stock market.
#1094
Agreed 100%.
I'm also a big believer in knowing what you own.
Many people are invested in the typical "60/40" balanced retirement account or investment allocation that their financial advisor has recommended.
Those accounts are getting crushed right now. So are the one's that have been invested in "growth" equities, many of which are down 50% over just the last six months.
Remember, its a market of stocks and not a stock market.
I'm also a big believer in knowing what you own.
Many people are invested in the typical "60/40" balanced retirement account or investment allocation that their financial advisor has recommended.
Those accounts are getting crushed right now. So are the one's that have been invested in "growth" equities, many of which are down 50% over just the last six months.
Remember, its a market of stocks and not a stock market.
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BritinSF (01-21-2022)