What's new
US Message Board - Political Discussion Forum

This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!

Recession Coming; Are You Prepared?

ThoughtCrimes

Old Navy Vet
Joined
Jun 25, 2012
Messages
4,260
Reaction score
950
Points
245
Location
Desert Southwest
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!
 

Jackson

Gold Member
Joined
Dec 31, 2010
Messages
27,502
Reaction score
7,905
Points
290
Location
Nashville
I got caught in the Nasdq Bubble and nearly lost everything. I learned the hard way. Now I have no mortgage and pay utilities but not much more. I am invested in safe vehicles for the remainder of time!
 

Mr Clean

Platinum Member
Joined
Aug 23, 2009
Messages
17,396
Reaction score
5,381
Points
360
The stock market has correctly predicted 10 of the last five recessions.
 

SassyIrishLass

Diamond Member
Joined
Mar 31, 2009
Messages
69,590
Reaction score
29,531
Points
2,290
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

Perhaps you could explain why a recession will occur? Simply screaming it isn't it
 

Billy_Kinetta

Paladin of the Lost Hour
Gold Supporting Member
Joined
Mar 4, 2013
Messages
52,591
Reaction score
21,800
Points
2,320
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

My FA is a genius. Even my diversifications are diversified! :laugh:
 
OP
ThoughtCrimes

ThoughtCrimes

Old Navy Vet
Joined
Jun 25, 2012
Messages
4,260
Reaction score
950
Points
245
Location
Desert Southwest
I got caught in the Nasdq Bubble and nearly lost everything. I learned the hard way. Now I have no mortgage and pay utilities but not much more. I am invested in safe vehicles for the remainder of time!
I was bitten bad back then myself. Worked at Intel and had accumulated an sizable number of steeply discounted shares along with bonus options. Took about a $135k bath with that drop that never came back all told when I sold it all off a year after I retired in 2004 because it's time had passed.
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

Perhaps you could explain why a recession will occur? Simply screaming it isn't it
Perhaps you could explain why a recession will occur?
Or perhaps you could give your opinion of the state of the US and global economy and note any pluses or minuses prolonging or shorting the economic recovery and growth since the Great recession of 2007.
 

Thinker101

Platinum Member
Joined
Mar 25, 2017
Messages
19,973
Reaction score
7,877
Points
360
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

OH NOOOOO, the sky is falling.
 
OP
ThoughtCrimes

ThoughtCrimes

Old Navy Vet
Joined
Jun 25, 2012
Messages
4,260
Reaction score
950
Points
245
Location
Desert Southwest
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

OH NOOOOO, the sky is falling.
OH NOOOOO, the sky is falling.
You #1 Ichibon troll, shit for brains!
 

Doc1

Gold Member
Joined
Jan 10, 2017
Messages
12,779
Reaction score
1,439
Points
290
Location
The Conspiratorium.
We moved everything into the "safe" category last year, it's coming and it could be worse than the Great Depression.
Banks are failing around the world, Deutsche is hanging by a thread. China has a Housing Bubble the size of, well China. We have a Sub-Prime auto bubble that will burst soon.
 
OP
ThoughtCrimes

ThoughtCrimes

Old Navy Vet
Joined
Jun 25, 2012
Messages
4,260
Reaction score
950
Points
245
Location
Desert Southwest
We moved everything into the "safe" category last year, it's coming and it could be worse than the Great Depression.
Banks are failing around the world, Deutsche is hanging by a thread. China has a Housing Bubble the size of, well China. We have a Sub-Prime auto bubble that will burst soon.
I concur to a certain extent.I don't know what the eventual trigger might be to start the ball rolling, but it's going to come from the EU, China or the US I believe. Or perhaps a the eventual clash between India and China beginning and the Strait of Malacca being slammed shut. Talk about falling dominoes if that happens!
 

g5000

Diamond Member
Joined
Nov 26, 2011
Messages
95,212
Reaction score
16,782
Points
2,180
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!
Well, I've been waiting for the Fed's massive bond bubble to pop for several years now.

I hope you are correct and the next downturn is just a recession and not a total implosion. I fear the worst.
 

Thinker101

Platinum Member
Joined
Mar 25, 2017
Messages
19,973
Reaction score
7,877
Points
360
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

OH NOOOOO, the sky is falling.
OH NOOOOO, the sky is falling.
You #1 Ichibon troll, shit for brains!

What a surprise liberal :ahole-1:
 

Tax Man

Gold Member
Joined
Jan 30, 2015
Messages
5,529
Reaction score
888
Points
170
Very simply put: We have a republican president and congressional majority. Check out history and you will find that has been the immediate predecessor to economic depression.
 

Mac1958

Diamond Member
Joined
Dec 8, 2011
Messages
86,764
Reaction score
31,111
Points
2,280
Location
Opposing Authoritarian Ideological Fundamentalism.
I'm a CFP.

Invest according to your time frame, goals and risk tolerance; don't worry about timing the market, the "experts" are usually wrong, think long term, keep contributing, have a beer.

Overthink this, and you're screwed.

You're welcome. No charge.
.
 
Last edited:

sealybobo

Diamond Member
Joined
Jun 5, 2008
Messages
91,930
Reaction score
9,199
Points
2,060
Location
Michigan
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!

Border Wall Funding Pulled From Schools, Defense Projects
To divert $3.6 billion to Trump’s border wall, military projects in 23 states, 19 countries and three U.S. territories would be stalled or killed.

Seems like everything Trump does is hurting the economy.
 

Crixus

Gold Member
Joined
Oct 9, 2015
Messages
24,291
Reaction score
3,622
Points
290
Location
BFE Texas.
For those of you with a portfolio overloaded with risk in the market, have you started to diversify yet to limit risk exposure to the markets taking a dump? How about you folks with just 401k's? Have you thought of making some changes?

How do you believe the coming budget legislation haggling will turn out? Yet another continuing resolution from an impotent Congress? Or perhaps another debt ceiling debacle with yet another credit downgrade for the US due to the factions within Congress unable to find common ground for the good of the People!

When will the Orange One's recession hit; before this Christmas, before next Easter or between Easter and Labor Day? Given he has taken credit for all the good things in the economy, he bloody well OWNS the economy now.

Your opinions...discuss!


Am I prepared? Let's see,

Spike wheels for Harley? Check.

Cool leather jackets with spikes? Check.

Bad ass sunglasses? Check.

So far so good.
 

FA_Q2

Gold Member
Joined
Dec 12, 2009
Messages
20,034
Reaction score
3,789
Points
290
Location
Washington State
Considering I am in the market for the long run atm (I won't need to pull anything for a decade at the very least), no. Timing the market is a futile exercise.
 
Joined
Jun 28, 2019
Messages
56
Reaction score
13
Points
21
Location
Philly - Baltimore - DC
Yes we are prepared to lose up to 30%. There’s about 20 years between us so we have both retirement income and current salary. We have a very diverse portfolio for our goals because of that. I'm well prepared to dump my short term savings into the market once it drops then ride whatever growth happens after.

What I don’t do is watch the market daily or freak out.
 

USMB Server Goals

Total amount
$350.00
Goal
$350.00

New Topics

Most reactions - Past 7 days

Forum List

Top