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Getbig Main Boards => General Topics => Topic started by: IroNat on September 29, 2022, 12:32:49 PM

Title: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: IroNat on September 29, 2022, 12:32:49 PM
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: Humble Narcissist on October 02, 2022, 01:51:21 AM: Most are already in big trouble.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: IroNat 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.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: Humble Narcissist on October 04, 2022, 01:13:26 AM: Quote from: IroNat 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.
I would not invest in the stock market right now. We are probably not pulling out of this for a long time.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: IroNat on October 04, 2022, 04:26:48 AM: Quote from: Humble Narcissist on October 04, 2022, 01:13:26 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.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: sync pulse on October 04, 2022, 08:15:33 PM: Quote from: Humble Narcissist on October 04, 2022, 01:13:26 AM
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.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: IroNat on October 05, 2022, 03:53:40 AM: Quote from: sync pulse on October 04, 2022, 08:15:33 PM
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.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: Humble Narcissist on October 06, 2022, 12:33:59 AM: Quote from: sync pulse on October 04, 2022, 08:15:33 PM
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.
Title: Re: How To SURVIVE & THRIVE In The Upcoming Financial Crisis
Post by: ThisisOverload on October 12, 2022, 09:21:55 PM: Quote from: IroNat on October 05, 2022, 03:53:40 AM
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.