anyone waiting for the stock market to crash? why?
(I am tired of seeing these retired internet traders walking about my neigbhorhood or riding a european sports bicycle with their smug, self righteous faces). think the guys like Joe Kernon on CNBC)
- Mr. SmartypantsLv 74 weeks agoFavorite Answer
I have money in the stock market and I'd just as soon not see it crash.
But after next week, the Republicans want the stock market to crash, so they can blame it on Biden. They know that under a Democratic president the market will soon be right up where it was. I mean, look at the last 90 years or so--stock market crashes have all happened under Republican presidents! But because their voters believe their lies, Republican leaders will continue to blame the crashes on Democrats.
- tiescoreLv 63 weeks ago
With short term rates near 1% and long term rate maybe getting to 3% it would take a serious blow to the financials to get a sustained crash. Possible if COVID causes enough bankruptcies. By your update you seem envious... maybe you should watch a few youtube videos on investing and personal finance, I have seen several really good ones with under 2000 views (while videos of bath bombs and gungam style have 10s of millions of views). Which is why I a nearly retired internet investors am so frustrated at those complaining, they could very easily learn the skills to manage their money like we did but they don't... rather blame those that have.
- 4 weeks ago
Well some people do, some people don’t. It’s really up to you and what your plans are or if you have certain financial goals. It’s good you are asking such questions. This means you are researching and curious enough to know more.
- MikeLv 74 weeks ago
When stock prices tank, people with cash will be out there snapping up bargains.
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- donnieLv 64 weeks ago
See previous answer.
- `Lv 64 weeks ago
Some would probably love to see that since many millions of investors have tossed stocks from their asset portfolio & bought metals, instead.
- DaddioLv 74 weeks ago
It will if Biden gets in, it might if Trump wins
- Anonymous4 weeks ago
yea, because I hate seeing these retired "internet traders" walking about my neigborhood with their smug faces