Stock Market Soars to All Time High

T

tamarin

House Member
Jun 12, 2006
3,197
22
38
Oshawa ON
It's a remarkable story. And one to test the patience of the bears. Housing is the engine of the US economy. Homes have created the equity borrowed and used to fuel this current boom. And US housing is tanking. The market could be giving one final hurrah.
Whatever. The US market does not deserve this interest or investment. Lots of fools running about on deck. We''ll see how long the ship lasts.
 
Curiosity

Curiosity

Senate Member
Jul 30, 2005
7,326
138
63
California
Tamarin

Your point is well taken - I have been a successful real estate surfer for a few years selling two homes and investing the profits. I now rent and watch the pot grow - ever fearful black October is upon us....shiver.

Still, my personal donations to the market have replicated themselves dutifully and I think I'll hang in there a bit longer.

It helps to have a good broker standing guard too because I have absolutely NO idea how it works. WC :(
 
J

JonB2004

Council Member
Mar 10, 2006
1,188
0
36
Wednesday's Child said:
Tamarin

Your point is well taken - I have been a successful real estate surfer for a few years selling two homes and investing the profits. I now rent and watch the pot grow - ever fearful black October is upon us....shiver.

Still, my personal donations to the market have replicated themselves dutifully and I think I'll hang in there a bit longer.

It helps to have a good broker standing guard too because I have absolutely NO idea how it works. WC :(
Click to expand...


Ugh! The last thing we need is Black October.
 
Curiosity

Curiosity

Senate Member
Jul 30, 2005
7,326
138
63
California
Ah Toro

The optimistic cheerleader giveth forth with good news....I was hoping you would weigh in....

I'll just shut my eyes and not read October's statement.
 
Danbones

Danbones

Hall of Fame Member
Sep 23, 2015
24,505
2,198
113
No, Trump won the last election
:)
Far as we know, except for maybe jail or the gallows, barry is done

lol
I have a BB playbook 32gig I got new in the box for 50 bucks CAD. LOL, love the little thing.
( get a couple aps and it has all the functions of the old analogue grail..whodda thunk it?)

BTW, Protip:
Watch the BOND market!!!
When the interest rates start to creep up there, you will shortly there after see credit costs go up, and then...The US will try to borrow A trillion or two to fit this budget as these rates go UP. Now that's a CRASH!!! Then everything that runs on credit will freeze up...and then...
Derivatives will go south...and then

Well you know what happens then.
 
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Corduroy

Corduroy

Senate Member
Feb 9, 2011
6,670
2
36
Vancouver, BC
If someone was writing a really shitty story about this forum, Walter necroposting about the current stock market in a thread about the market in 2006 would be too on the nose.
 
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