Author Topic: How To SURVIVE & THRIVE In The Upcoming Financial Crisis  (Read 594 times)

IroNat

  • Getbig V
  • *****
  • Posts: 24815
  • The journey is the thing.
How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« on: September 29, 2022, 12:32:49 PM »

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 22216
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #1 on: October 02, 2022, 01:51:21 AM »
Most are already in big trouble.

IroNat

  • Getbig V
  • *****
  • Posts: 24815
  • The journey is the thing.
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #2 on: October 02, 2022, 07:08:34 AM »
Ray Dalio Cliff Notes:

Spend less than you make and wisely invest the difference.
Don't buy consumer crap on credit.
Have an emergency fund.

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 22216
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #3 on: October 04, 2022, 01:13:26 AM »
Ray Dalio Cliff Notes:

Spend less than you make and wisely invest the difference.
Don't buy consumer crap on credit.
Have an emergency fund.
I would not invest in the stock market right now. We are probably not pulling out of this for a long time.

IroNat

  • Getbig V
  • *****
  • Posts: 24815
  • The journey is the thing.
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #4 on: October 04, 2022, 04:26:48 AM »
I would not invest in the stock market right now. We are probably not pulling out of this for a long time.

Don't fight the Fed.

sync pulse

  • Getbig V
  • *****
  • Posts: 5471
  • Only be sure always to call it please, 'research'
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #5 on: October 04, 2022, 08:15:33 PM »
I would not invest in the stock market right now. We are probably not pulling out of this for a long time.

The time to start buying is while the market is tanking...or so said a broker who works out the same time I do.

IroNat

  • Getbig V
  • *****
  • Posts: 24815
  • The journey is the thing.
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #6 on: October 05, 2022, 03:53:40 AM »
The time to start buying is while the market is tanking...or so said a broker who works out the same time I do.


Wait till the Fed starts easing rates.

Humble Narcissist

  • Getbig V
  • *****
  • Posts: 22216
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #7 on: October 06, 2022, 12:33:59 AM »
The time to start buying is while the market is tanking...or so said a broker who works out the same time I do.
True, but we never know when it will start going back up. Probably best to wait till this administration is leaving.

ThisisOverload

  • Getbig V
  • *****
  • Posts: 6372
  • Team Horse Cock
Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
« Reply #8 on: October 12, 2022, 09:21:55 PM »
Wait till the Fed starts easing rates.

Exactly.

Things are going to get bad after mid terms.

They are setting it up to fail on purpose.