2016 is looking worse than 2008 and 2010

>>1170554
"looking worse"? then where's the losses and people jumping off buildings and layoffs etc?

I'm waiting for the 5 year long dip but it never comes.

If you expect a crash soon, get your assets liquid af and get ready to snatch some shit(real estate/stocks) up.

I'm ready for global civil war and anarchy

>>1170554
>Nobody is profiting high, even a 2% profit on safe investments is enough to rejoice

thank god for crypto

>>1170560
Orrrrrrrrrrrrr, you could wait for years pointlessly and miss out on sweet gains.

You can't predict a crash you fucking idiots. When it happens it happens. That's it.

>>1170558
There's a lot of businessmen that will have to sell all their belongings this year due to lower profit margins, and landlords that will sell their real estate due to taxes and unability to pay their credit, these people won't be able to "hang in there" with the help of the stock market because it's also doing shitty.

>>1170570
Too risky and Pump and Dump based, but it's good still because it's empowering the economy of the non-rich

>>1170579
I'm not predicting a crash, OP is, and if he's willing to believe it he should be willing to miss out on sikk gainz.

>>1170581
>Too risky and pump and dump based

btc has been pretty stable for a while and you can lend it for steady returns

>>1170590
Just saying that you can't predict it.

If it happens, great! More cheap stocks!!!

>>1170593
>Lending BTC

And what happens when they take your BTC, are actually in a foreign country and tell you to eat shit?

>>1170560
Should you get them out of the banks?
And how much of your (excluding home) net worth should you turn to cash?

>>1170600
You do it through exchanges to finance margin trades therefore that's impossibru

Or you lend via forums and get scammed like you say

What the fuck are you even talking about OP?

We have one of the strongest dollars in history, the market volatility index has been breaking record lows, and if you had put your money in an s&p index fund like VOO or SPY this February you'd have a 10% return right now.

TEN.
FUCKING.
PERCENT.
ON A S&P INDEX FUND!!

THAT'S ONE OF THE FUCKING SAFEST INVESTMENT YOU COULD POSSIBLY MAKE.

In short,
You don't know dick from pussy you fucking faggot.

>>1170622
>TFW didn't buy the fuxking dip

Did my gains for the year just go fucking poof?

I BOUGHT ON FUCKING JANUARY 2*

THEN SKIPPED A MONTH AND BOUGHT MARCH 2*.
fuck+kkkkkkkkkkkkkkkkkkkk why didn't I buy February, FUCK!

>>1170579
>You can't predict a crash you fucking idiots.

Watch "The Big Short"

>>1170634
For every "Big Short" story, there's like 50,000 now homeless investors who got it completely wrong despite having valid data.

The market does what it wants.

>>1170636
Help me

WHAT DO I DO

>>1170634
This is why these types of movies suck. Every pleb robinhood-tier investor watches it once and then think they have Warren Buffet levels of expertise.

>>1170645
>robinhood
>investor
pick one

Invest in genomics research, Amazon, and wind energy. Also hearing aids.

There are winners and losers. If everything is negative in your 2016 world you're just a fucking idiot. 20 years ago millions of people said almost word for word your sentiments. It doesn't mean anything. Take control of your life or accept that it's shit and at least have fun on your way out

>>1170757
>If everything is negative in your 2016 world you're just a fucking idiot.
it's not like the market goes through cycles or anything

>>1170554
My Ford stock is doing alright

>>1170761
Stocks can still go up in a bear market and we're not really there yet. What is your problem? What kind of strategy is "I just won't care this year"?

Buy properties and become a slumlord. Tax liens also generate a pretty good interest rate, and you get to claim title to the property if they don't pay.

The stock market is pretty much over now since the boomers are going to be liquidating for the next 10 years to fund their retirements.

>>1170888
how does one become a slumlord?

also, checked

>>1170962
buy property you shouldn't

fix them to just within legal and passable standards

rent to people you shouldn't

>>1170622
>if you bought during the dump, you'd make sick gainz
>if you bought at about any other time, that pretty much has remained stagnant

>>1170581
>'empowering the economoy of the non-rich'

Grow up.

>>1170596
/thread.

File: W-FB-RocketMortgagePress-20151124.jpg (165KB, 800x418px) Image search: [Google]

165KB, 800x418px

>>1170579
>You can't predict a crash
remember that time
there was a bubble in the housing market
because people were getting loans and mortgages left and right
and there really wasn't a filter in who could get a loan or mortgage
and the lenders and banks lied about how well people were doing with staying up to date on their payments to their investors and to the public

pic highly related if you don't know, we've begun to cross that threshold between only very good candidates getting loans and absolute shit ass niggas getting loans

>>1171041
Hopefully, the damage will be confined to the Quicken Loans sector of the economy.

>>1170622
>and if you had put your money in an s&p index fund like VOO or SPY this February you'd have a 10% return right now
yeah sure, based on the most unsustainable rally that the markets have seen in a long time.

>the market volatility index has been breaking record lows
kek, you really are grasping at straws there

>>1170999
>using quotations in a greentext
reallynigga.jpg

>>1171041
what, you're saying we're veering back towards shitty candidates getting loans?

I know none of the systemic issues were fixed after 2008. And now the wife of the man responsible for deregulating everything that led to the 2008 crash is about to become president. We may be truly fucked.

Sounds like affirming bias from your political ideology. Your statesld factors make things bad but wint being a cataclysm

>>1171052
it was the most blatant example I could find considering they've been plastering our region with the ads

>>1171077
Yeah, that's exactly what's happening

but I'd put it as more of a slow careening into oncoming traffic

File: saucebottlemayyte.jpg (89KB, 463x366px) Image search: [Google]

89KB, 463x366px

>my country (Australia) has the 2nd highest personal debt in the entire world
>housing bubble in our 2 biggest cities build upon historically low interest rates
>our banks are way bigger in our economy than any of the US banks that failed during GFC

Question though - everyone is saying have your assets liquid so you can take advantage of cheap prices, doesn't inflation often occur during a crash though? How can we be in the b est possible position for ourselves??

>>1171091
Oh, I know. I was just thinking back.
Substitute "Quicken Mortgage" with "Sup prime loan" and you have what they were saying in 2008.

>>1171097
inflation can occur for certain goods/services during a crash because of demand destruction, and also from increasing the money supply (although in the sociological environment of an economic crash, it's unlikely it would do so since everyone will just hoard the cash, as we saw in 2008-2012). Generally, though, no.

>>1171097
Just hide the money under your pillow provided spiders and snakes don't steal it

>>1171052
>>1171077
Not going to happen. Underwriting standards are much tighter now by regulation.

>>1170554
There is still money to be made but I stay away from diversified funds for this exact reason. You end up with a diversified pile of shit bought by people who think markets always go up over a long enough time frame despite the crash course we are on.

>>1170554
>not buying inverse ETFs of all the world's indices

Do you even /invest/?

>>1170554
I have a question /biz/, if the 2008 crisis was due to mortgages, what happens when every student decides to default on student loans? Just recently in my area this occurred....

http://www.tbo.com/news/education/usf-grad-says-in-suit-he-didnt-deserve-student-loans-20160328/

Opinions?

>>1171432
I've been seeing the student bubble building for a few years, from Europe.

Last year I lived in L.A for a year, and had my own version of the stripper scene in "The Big Short".
I was working in a hotel, and all of the (white) servers, hosts and bartenders were "actors" with a few dozens k$ in student debt. I recall one conversation with a 35 year old server (so probably unemployed in 5years) who still had $270k student debt, and she talked about it without a care in the world.

Anecdotal as it may be, we were 30 Europeans enrolled in a management training program, working on hotel properties across L.A, and the scenario was the same on all my classmates's properties.

>>1171097
Australia has huge economic freedom, but how does the central bank behave? Does the government fiddle with it to "stimulate" the economy and buy votes from poor people and shitskins while causing inflation on purpose?

>>1171432
It's not as bad because student loans are known for being liabilities with nothing valuable, that can lose value, to fallback on, like a house.

File: image.jpg (69KB, 480x480px) Image search: [Google]

69KB, 480x480px

mfw i make 10% compound interest or more a month on my investments :) not to mention the 8000% from cryptos

invest in low debt-gdp countires bonds

>>1171586
>It's not as bad because student loans are known for being liabilities with nothing valuable, that can lose value, to fallback on, like a house.
I have a feeling you may have that backwards, as it may be worse. Don't forget the US govt. is packaging these student loans up as bonds:
http://www.bloomberg.com/news/articles/2015-11-20/student-loan-investors-have-a-60-billion-problem-on-their-hands

What is the fed going to do to avert it

>>1172824

It's funny because I wouldn't want to pick up these "bonds". I read credit reports for a living as a underwriter. I am legitimately surprised if I see people paying on their student loans. 8/10 they're in forbearance or deferment and the person is like 45 with 30k to go.

How can you justify buying up packaged student loans when the terms of the loan are as malleable as OPs asshole at a gay bar?

>>1172827
Pretty much. Large swathes of the bonds are probably going to be down-rated.

>>1172768
Always loved you Keira

>>1172796
What countries would those be?
In my country 10 year bonds are paying 1%, wtf, that isn't even keeping up with inflation. I think a large meltdown is imminent.

>>1171432
It's not going to be too bad because most student loans are guaranteed by the U.S. Government. Furthermore, to the best of my knowledge, there aren't a bunch of bullshit derivative products backed by those shaky loans unlike the housing bubble.

When the housing bubble went bust, a lot of bonds (agency paper, MBS, ABS, CDOs) and derivatives were owned by practically every institute and often with leverage. When the asset backing all that trash fell below 100 cents on the dollar, you had a leveraged beat down of asset prices.

With the student loan paper, it's about $1T and if it goes wholly to zero, the USG will print money to make the bondholders whole. It'll probably trash the U.S. dollar so a hedge against a USD depreciation will be needed.

Depending on if there is debt forgiveness, it could also result in a trashed economy for decades. If the students are forced to pay off those loans and they do not emigrate, the money that is garnished from their earnings will reduce their ability to consume, which will depress sales of cars, houses, etc.

Most likely, there will be a combination of currency depreciation, debt forgiveness, and wage inflation.

millienial here I invest all my money in heroin and bitcoins. it works for me :)

>>1173273
What about Business Loans? I see commercials and shit all of the time now about how they won't be turned down on a loan if they've had a business for one year.

That sounds ridiculous to me.

My thread will survive more than debt sunk oxymoron we call developed countries hehe