Still think TITNC3: Return of the Iceberg was peak

Walmarts fucked. lol

 

Preach!!!






I made thousands and gave it one more whirl. Got trapped. Still way up lifetime on it.

 

https://www.ig.ca/en/insights/how-long-does-it-take-stock-markets-to-recover-from-a-downturn

Not surprisingly, corrections typically recover considerably faster than crashes. On average, it takes around five months for a correction to bottom out, but once the market reaches that point and starts to turn positive, it recovers in around four months.

Stock market crashes, however, usually take much longer to fully recover. The most extreme example of the last 100 years was the crash of the 1930s, which took 25 years to get back to its previous high. The S&P 500 took almost six years to fully recover from the crashes of 2000 (the dot-com bubble) and 2008 (the global financial crisis). The S&P/TSX Composite Index (which tracks the performance of companies that make up around 70% of the Toronto Stock Exchange’s value) experienced similar timelines when recovering from those two crashes in the 2000s.

Such long recovery periods for market crashes aren’t always the norm, however. During the early months of the COVID-19 pandemic, the S&P 500 fell in value by 34%, and the S&P/TSX fell by 37%. The S&P 500 bounced back to its previous highs by November of 2020, taking around eight months to fully recover, and had a gain of 15.6% by the end of the year. Meanwhile, the S&P/TSX took just under a year to fully recover its losses.
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My philosphy is that, long of the short, 5 years is the window. If I am retiring in 5 years, and the market is up, I am pulling it all to cash/bonds. If it's down, I am waiting until recovery. If it's >5 years, then I do not care. DCA into VTI/FSKAX and don't think twice.

 

I’m only down $17k this week. Going to be a fun ride.

 

Hold on then, it’s going to get bumpy

 

i've been selling all my furniture in anticipation of moving back to CO. Keeping all my electronics and tools though lol. Now i gotta learn woodworking to make new furniture

 

When do we start buying $NAIL and $NRGU again

BTW keep an eye on oil prices. There is an entity that spends $30 a barrel to produce oil...and ceases operating at profit once oil is sub $60 a barrel and was banking on $80 a barrel...So now they have to dip into their reserves AND produce oil at a loss....RUSHIN' to bring in cash...And it's a catalyst for a death spiral in oil...they put more out...to get more money...which causes prices to drop...so they put more out...ETC.

Even if you're offloading $49 Billion in oil to India in 2024....you won't get that $$ in 2025...

 

Ethereum is at its lowest in about 2 years. Easy way into a crypto t3

 

Couches are pretty reasonable at Costco.

 

I hear the major complaint is only people with money have the money to buy the dip...which gives them more money....

 

This is just one account lol

 

Are you trying to say the guys engineering the dip are gonna be the only ones buying the dip? Yeah, that's normal. lol

 

Do you know how many eggs I can buy with 1 ethereum?

 

If I could downvote here I would. Looks like your Cancun trip will be put on hold…

 

You all made me check.

Negative 190k in 35 days. It is what it is.

 

We’re all down mate. But NOT OUT. Whoever’s green out here let it be known.

 

Still green in XRP. But between my crypto portfolio and my fidelity account I’m down 6 figures. Hoping some deals are cut soon to stop the bleeding.

 

Predictable. As stated I think yesterday, the only market thriving out here is crypto. My FBTC looks better than my VOO.

 

True, tomorrow is going to be interesting a lot of stuff sitting on supports right now.

 

Most absolutely! I think most of us are too in the shit to not get excited about the next opening. I’m actually starting to have fun here with it…