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Old 01-20-2022, 11:20 PM
  #1081  
chance6
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We shall see. Batten down the hatches.
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Old 01-20-2022, 11:49 PM
  #1082  
ShakeNBake
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Originally Posted by PTS
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
Likely 25% are being bought by FAANG engineers - and they won't be affected by any correction.
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AlexCeres (01-21-2022)
Old 01-21-2022, 12:25 AM
  #1083  
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Originally Posted by ShakeNBake
Likely 25% are being bought by FAANG engineers - and they won't be affected by any correction.
That looks about right as a proportion of the US production run. The wait lists in NorCal run 100+ deep.
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Old 01-21-2022, 09:55 AM
  #1084  
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Originally Posted by AlexCeres
That looks about right as a proportion of the US production run. The wait lists in NorCal run 100+ deep.
Not many places you can make 300K+ a year and 1M in retention bonuses a couple years out of undergrad. SAT scores are very important.
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Old 01-21-2022, 11:52 AM
  #1085  
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Originally Posted by chance6
We shall see. Batten down the hatches.
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
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Old 01-21-2022, 12:22 PM
  #1086  
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Originally Posted by PTS
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

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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Old 01-21-2022, 12:24 PM
  #1087  
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Originally Posted by Yippiekiaye
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.
Hoarding cash is not a bad battle plan for now. Opportunities are coming
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Old 01-21-2022, 12:42 PM
  #1088  
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Originally Posted by PTS
Hoarding cash is not a bad battle plan for now. Opportunities are coming
Money to be made when’s there is blood in the streets.
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Old 01-21-2022, 12:47 PM
  #1089  
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Will the FAANG members here please stand up
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Old 01-21-2022, 12:55 PM
  #1090  
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Originally Posted by PTS
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
And be ready to buy, buy, and buy.
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PTS (01-21-2022)
Old 01-21-2022, 02:11 PM
  #1091  
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Funny.


Not just our world.
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Old 01-21-2022, 04:11 PM
  #1092  
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Originally Posted by AlexCeres
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.
While perhaps the potential rate hikes are "vastly too small" to materially impact the GT car income bracket, I think you'd be surprised at what it can do to people that are leveraged. - - - And I think you'd be surprised at how many people are indeed leveraged.

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Old 01-21-2022, 04:14 PM
  #1093  
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Originally Posted by Yippiekiaye
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.
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.
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Old 01-21-2022, 06:22 PM
  #1094  
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Originally Posted by Diablo Dude
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.
Anyone with real market exposure is feeling the recent headwinds. Most people that are in "60/40" or a basic, balanced allocation (whether via their advisor or themselves) don't give a **** about a 5-15% overall market correction. Their investment horizon is long term and speed bumps in the middle don't rattle a long term investment strategy. Historically, if you stay in, you make money. If you're heavy in growth, then you're likely rattled for now, and/or you're buying more on the way down with the companies you believe in long term
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Old 01-21-2022, 06:41 PM
  #1095  
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The reaper is coming for the leveraged , and lots of good stuff will be for sale. Just hold tight and be patient.
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