If you’re worried about this… I’d say be wary of your situation. Have enough accessible cash for 6 months to a year of okay living. And if it does dip a lot, buy into it with some of that money.
And don’t sell. The only time you should sell is when you’re approaching the time you need to take everything out, like if you’re approavhing a house purchase, old age or such.
I don’t have the knowledge necessary for such moves. By the time such stuff hits the public internet and news, it’s already late.
Making a call like that before said info is public is baseless.
The only people that have enough knowledge to make such calls are insiders that do insider trading…
People have been saying the market will crash since 2024 and it still didn’t happen. If I had trusted my knowledge, I’d have never invested in the first place, because finalcial markets have always been a cesspit. Even the RAM manufactured crisis is just a repeat of what happened in the 2000’s but if you started investing in 2000 you would be fucking rich right now, especially if you put in as much as possible in 2007 and 2008.
I don’t know what to tell you. It’s terrible being so tight on money. I don’t have advice to give on that, because all I did was get lucky to not be working minimum wage…
But I have some semi-informed advice to give about keeping money safe and wanted to share…
And it’s good advice. Never sell during the crash, especially if you don’t need those funds for a decade or more. Individual companies might burn, but if you own a passive investment ETF, it will eventually recover with the market - provided you still own the investment and didn’t panic and are now holding cash instead.
Think of it like this, no money = nothing to lose!
There’s plenty of sources claiming how people like Elon have so much money in loans, when the crash comes the banks will quickly move to recover those debts.
On top of that, all you see are rich people telling others the way to get rich is getting loans upon loans. Well when the crash comes and again, you can no longer repay the loans, it’s going to hit hard! So much money is tied up in pretend money on gains that don’t exist!
Right now having no money is probably safer, my plan is getting out of debt as much as possible, as quick as possible. Hell, if it hits hard enough people might end up going back to trading goods for goods! 😂
Can you imagine if someway all the debts in the world were balanced? That if A owes something to B and B owes something to C and C owes something to A the debt becomes the difference? And this on a world level.
Well when the crash comes and again, you can no longer repay the loans
Well, is that the case? Afaik when they loan with a stocks amount as collateral, the X units of stock are the collateral, not the Y value of stock.
They just set aside more collateral value than the loan is worth. Say if you loan 1k the collatelar assigned will probably be 2-3k.
If the stock holding value gets dangerously low, the lender can liquidate your stock I think
But, EVEN THEN, the NET worth of say, Musk, doesn’t change too much in that case. Because net worth already has all debts subtracted from it.
It would change in the value equal to the difference between the loan value and the liquidated collateral value I guess, but I don’t imagine that would be very large? This part I’m unsure about.
So even in the end I don’t think they lose too much…
If you’re worried about this… I’d say be wary of your situation. Have enough accessible cash for 6 months to a year of okay living. And if it does dip a lot, buy into it with some of that money.
And don’t sell. The only time you should sell is when you’re approaching the time you need to take everything out, like if you’re approavhing a house purchase, old age or such.
And good luck
Why not sell some now and move to different asset classes? If you recognise risk then reducing that risk is one of the best things you can do
But no, here come the “time in the market…” and “stonks only go up…” brigade. Which actually contradicts the message of this article
I don’t have the knowledge necessary for such moves. By the time such stuff hits the public internet and news, it’s already late.
Making a call like that before said info is public is baseless.
The only people that have enough knowledge to make such calls are insiders that do insider trading…
People have been saying the market will crash since 2024 and it still didn’t happen. If I had trusted my knowledge, I’d have never invested in the first place, because finalcial markets have always been a cesspit. Even the RAM manufactured crisis is just a repeat of what happened in the 2000’s but if you started investing in 2000 you would be fucking rich right now, especially if you put in as much as possible in 2007 and 2008.
Lol, or just move to a country that isn’t trash and provides some social security.
Oh dang, I only have enough cash for zero months. …where’d I put those bootstraps…
Look man… I’m sorry…
I don’t know what to tell you. It’s terrible being so tight on money. I don’t have advice to give on that, because all I did was get lucky to not be working minimum wage…
But I have some semi-informed advice to give about keeping money safe and wanted to share…
And it’s good advice. Never sell during the crash, especially if you don’t need those funds for a decade or more. Individual companies might burn, but if you own a passive investment ETF, it will eventually recover with the market - provided you still own the investment and didn’t panic and are now holding cash instead.
Oh, I didn’t mean anything by it lol. Soz.
<3
Breath and talk to myself “No, you will NOT make some highly inappropriate joke about zero money, bootstraps and necks…” breath
Think of it like this, no money = nothing to lose!
There’s plenty of sources claiming how people like Elon have so much money in loans, when the crash comes the banks will quickly move to recover those debts.
On top of that, all you see are rich people telling others the way to get rich is getting loans upon loans. Well when the crash comes and again, you can no longer repay the loans, it’s going to hit hard! So much money is tied up in pretend money on gains that don’t exist!
Right now having no money is probably safer, my plan is getting out of debt as much as possible, as quick as possible. Hell, if it hits hard enough people might end up going back to trading goods for goods! 😂
Can you imagine if someway all the debts in the world were balanced? That if A owes something to B and B owes something to C and C owes something to A the debt becomes the difference? And this on a world level.
Well, is that the case? Afaik when they loan with a stocks amount as collateral, the X units of stock are the collateral, not the Y value of stock.
They just set aside more collateral value than the loan is worth. Say if you loan 1k the collatelar assigned will probably be 2-3k.
If the stock holding value gets dangerously low, the lender can liquidate your stock I think
But, EVEN THEN, the NET worth of say, Musk, doesn’t change too much in that case. Because net worth already has all debts subtracted from it.
It would change in the value equal to the difference between the loan value and the liquidated collateral value I guess, but I don’t imagine that would be very large? This part I’m unsure about.
So even in the end I don’t think they lose too much…