How do you plan on profiting when the market has it's inevitably delayed crash?
My plan is invest heavily in silver now, sell when the markets down, which should push silver higher, and buy stocks at discounted prices.
Is there a better way to prepare if you expect the market to fall hard?
Is there actually any legit sources which show that precious metals go up when the economy tanks?
It makes no real sense to me that it should go up, except for very speculative reasons. At best, you will probably get gains in line with inflation, at worst you will tank with everyone else.
Cash is king when everyone is looking to sell. That's why I'm keeping my options open for now.
what will actually happen to OP:
>puts all money in silver, silver down 20%
>meanwhile stock market up 30%
>sells all silver, puts all money in stocks
>stocks down 50%
have fun with your irrational and unwarranted betting strategy OP.
Because I watched my dad play it safe his whole life, and he ended up Living a boring upper middle class life. My life lesson from him was to take as many risks as I could. I'm either going to end up very rich or very poor, but satan damn me if I end up bored, only wishing I had more.
I learned very early on in life, that I regret the things I never did more than then the times I tired and failed.
if you go broke I guarantee you will end up bored and wishing you had more.
in any event, you can trade currency pair forwards and leverage your returns on your cash holdings, since you clearly are a degenerate. if you really don't like stocks there's more alternatives out there than precious metals and bitcoins, despite what /biz/ would like you to think.
Maybe, because I have not yet bought or sold anything (I am new to this).
I will invest when I see something worthwhile investing in, instead of investing for the sake of investing.
>"P/E of 25 is the new paradigm."
>Muh multi-billion dollar meme startups that haven't generated a single profit ever.
When you see news like this daily, you just know it's trouble. I think the realization has started to spread.
they're already down right now you'd need very very tight stops. Death cross imminent though. Very bad news in china, futures below 2k.
I'm already positioned, and am ready to enjoy the sick gains.
Basically do this. Buying 3/4 the way to a trough and selling 1/2 way to a crest should earn you some cash. Otherwise keep money on hand, or have a hedge fund, I guess.