Zzen
Potato del Grande
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- 3,681
This. Tough to fuck off to the Hamptoms for the summer, when your fund is down 40% YTD.
You make hay while the sun is shining.
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Investing General Discussion
- Thread starter Furious
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
This. Tough to fuck off to the Hamptoms for the summer, when your fund is down 40% YTD.
You make hay while the sun is shining.
Aldarion
Egg Nazi
- 10,168
- 28,165
I've been spending time on investing and wallstreetbets (its all the same discussion with the exact same advice, just funnier and higher volume)
One thing thats been amusing me is the endless bitching between bears and bulls, as if these were permanent categories people fell into instead of judgements about the current state of the market. Its been interesting to me that each side yells at the other as if they were somehow morally superior, as if being a bear or bull was somehow a better, more worthy position to hold.
Then today I read a comment that made me rethink that. Maybe it really is more than just that. Maybe it really is a description of the person.
Anyway, happy weekend, may the ridiculous green futures turn to the lovely red waterfall we all deserve
One thing thats been amusing me is the endless bitching between bears and bulls, as if these were permanent categories people fell into instead of judgements about the current state of the market. Its been interesting to me that each side yells at the other as if they were somehow morally superior, as if being a bear or bull was somehow a better, more worthy position to hold.
Then today I read a comment that made me rethink that. Maybe it really is more than just that. Maybe it really is a description of the person.
Actively hoping for a recession? Bitch, its 2022, is there somebody left who isnt actively rooting for the complete fall of our civilization and just hoping to squeeze out a few bucks and lols along the way?
Anyway, happy weekend, may the ridiculous green futures turn to the lovely red waterfall we all deserve
Jysin
Ahn'Qiraj Raider
- 6,566
- 4,572
Mist
REEEEeyore
- 31,723
- 24,389
This is how everything in the entire internet goes. You get two camps, and all these people with an absolute lack of any sense of identity in real life cling to these identities, form complex mythos and memes around those identities, and manufacture grievances against the other camp.
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Fogel
Mr. Poopybutthole
- 13,699
- 55,267
Fuuuuuucckkkk your puuuuuuuuttttsss 
Gravel
Mr. Poopybutthole
- 41,143
- 138,508
I was going to make a post that I expected today to be another 2-3% move, just wasn't sure which direction.
Which is insane. You can almost count on that big a move every single day.
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Sludig
Potato del Grande
- 10,184
- 10,923
Semi thread related, already got sanriths input.
Just bought a 400k property, going to sell old home and net about 220k. Keeping about 100 for homestead costs and cushion after wife laid off. Havnt even made our first payment.
Do we dump 100k on the 4.9% loan to drop pmi and save on so much of that front load interest. Or on a long enough time scale would dumping it into s&p 500 be significantly better? Currently 36, so i have time, more just uncertain about if it's a 5 yr plus down turn or if we even have much of a country/ economy in 10.
Just bought a 400k property, going to sell old home and net about 220k. Keeping about 100 for homestead costs and cushion after wife laid off. Havnt even made our first payment.
Do we dump 100k on the 4.9% loan to drop pmi and save on so much of that front load interest. Or on a long enough time scale would dumping it into s&p 500 be significantly better? Currently 36, so i have time, more just uncertain about if it's a 5 yr plus down turn or if we even have much of a country/ economy in 10.
Fogel
Mr. Poopybutthole
- 13,699
- 55,267
Now would be a good time to consider putting a chunk into the S&P. Market is in a major correction and teetering on a bear market, but in a 10-20 year time frame you'll be glad you bought in now
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Sanrith Descartes
You have insufficient privileges to reply here.
- 46,012
- 127,358
I am big enough to admit when I was wrong. I am pretty happy to be wrong in this case.
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Sanrith Descartes
You have insufficient privileges to reply here.
- 46,012
- 127,358
That's the 64 trillion dollar question. No one can know. The best guess would be to ask
Rajaah
if he sold all his stocks yet. If he says yes then it's a good chance we are at the bottom 
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