Time to get out of stocks, because of a crash coming?

[Craig234]

Opinions? Note: the market is flat this year.

 

[turtile]

There's no signs of a crash yet. I don't think we will have anywhere near the massive gains we've been seeing. At this point, you have to pick and chose areas of growth.

 

[Craig234]

There's no signs of a crash yet.

I'm not asking if the crash has started.

 

[Red Squirrel]

Sell all stocks and put it into Dogecoin. It will make a come back.

 

[madoka]

Sell all stocks and put it into Dogecoin. It will make a come back.

WRONG! Coolcoin is where it's at. Even during a crash, you'd at least have ATOT street cred.

 

[Exterous]

Stock market crashes are notoriously hard to predict. "Experts" have been relaying "imminent signs" the market will crash again on a regular basis (multiple times per year) since 2009. The bottom of a crash is just as hard to predict. So if you pull your money out you'll miss the usual run up in value before crash (and associated benefits) and you almost certainly won't be able to jump back in at the right time, missing the return of value by the initial recovery. Also, most crashes between 10-20% are very short - the mean crash duration is 4 months before full recovery with the shortest being 25 days. The less common greater than 20% crashes do last longer to full recovery - about 1.75 years on average. But those 'recovery' numbers are just if you don't invest anything else. Ideally you're buying stocks all the way down and back up so your recovery should be much faster than that since the stock you bought at the bottom (which you can do since you're regularly buying stocks) will appreciate at an incredible rate.

 

[sandorski]

Volatility will continue for sure.

 

[monkeydelmagico]

I think based upon history it's prudent to take a more defensive approach. Yes, I know history is no predictor of the future but it just feels so right.....

 

[turtile]

I'm not asking if the crash has started.

My point is, there is no reason to take your money out. I've been seeing articles for the past five years about the market going down and it still hasn't happened. Even if stocks remain flat, you should still be receiving good dividends and growing your money. For example, when I bought Shell, the yield was 7% so while the stock went up a lot, I'm still making 7% on the initial investment regardless. You can't really go wrong with that if the stock remains relatively flat for a while.

 

[Mai72]

I'm currently looking at the big players who are going to be at the forefront with diabities. With 100m plus Americans on the path to type2 diabities, there is going to be a lot of money made, but you need to play the long game. Nordisk is currently the biggest maker in the diabities market. Eli Lilly also looks like a great company to invest in as well. Again. You guys need to be thinking long game.

https://www.fool.com/investing/2018/05/31/top-diabetes-stocks-to-buy-today.aspx

I'm still suprised that no one here talks about real estate. I love hard assets that mostly appreciate with time. Yes, you're going to have to fix the place up, but there are so many benefits with owning real estate. The first being taxes. The second being the fact that if you can find the right tenants, they will in effect pay down your mortage via monthly rent payments. In the beginning it's a bit lopsided, but in time that reverses and as you start hitting maturity the rent starts becoming profit. So, it's mostly passive income every month.Yes, there are drawbacks as with anything else. Done correctly though, Real estate is a must IMO.

 

[ImpulsE69]

I've considered real estate for quite some time, but ffs that's a lot of work.

 

[whm1974]

I'm currently looking at the big players who are going to be at the forefront with diabities. With 100m plus Americans on the path to type2 diabities, there is going to be a lot of money made, but you need to play the long game. Nordisk is currently the biggest maker in the diabities market. Eli Lilly also looks like a great company to invest in as well. Again. You guys need to be thinking long game.

https://www.fool.com/investing/2018/05/31/top-diabetes-stocks-to-buy-today.aspx

I'm still suprised that no one here talks about real estate. I love hard assets that mostly appreciate with time. Yes, you're going to have to fix the place up, but there are so many benefits with owning real estate. The first being taxes. The second being the fact that if you can find the right tenants, they will in effect pay down your mortage via monthly rent payments. In the beginning it's a bit lopsided, but in time that reverses and as you start hitting maturity the rent starts becoming profit. So, it's mostly passive income every month.Yes, there are drawbacks as with anything else. Done correctly though, Real estate is a must IMO.

Finding the right tenets is one of the biggest problems of being a landlord. I wouldn't just jump in buying rental housing without careful consideration. Too easy to lose everything.

 

[thebestMAX]

I avoided all this by getting out years ago when the market was at a low.

 

[Craig234]

I've considered real estate for quite some time, but ffs that's a lot of work.

There are services that will make it easier - one I know of is simplydoit.net.

 

[pete6032]

I always get my stock market advice from ATOT

 

[Craig234]

I always get my stock market advice from ATOT

If everyone's posts were as empty of value as yours, I can see why you'd criticize the discussion.

 

[13Gigatons]

I always get my stock market advice from ATOT

I get it from guy on the corner. He seems to know so much.

 

[ultimatebob]

WRONG! Coolcoin is where it's at. Even during a crash, you'd at least have ATOT street cred.

Damn straight! Dogecoin might go up or down in price, but Coolcoin is priceless. Or worthless. Or... whatever

 

[Red Squirrel]

WRONG! Coolcoin is where it's at. Even during a crash, you'd at least have ATOT street cred.

You might be right. Though I would personally do a 50/50 split, it's always good to have some diversity.

Actually, is there a mutual fund that has all the crypto currencies built in? That needs to be a thing!

 

[BurnItDwn]

Warning: serious post here.
How old are you?
If you are in your 30s or 40s still, then you are fine keeping most of your savings in stock based index funds. When there is a recession/correction, the stock market should still hold some value and eventually recover. Trying to "time it" generally carries more risk than riding it out.
If you are older and want to reduce risk of big losses so you can retire before the market recovers in the event of a crash, then look to bonds (corporate bonds usually better than treasury bonds). Also, you can consider moving your stocks from midcaps or growth or wherever you have them into more steady dividend/income type funds.

 

[Darwin333]

Finding the right tenets is one of the biggest problems of being a landlord. I wouldn't just jump in buying rental housing without careful consideration. Too easy to lose everything.

How exactly would you lose everything with a real estate investment?

 

[Red Squirrel]

How exactly would you lose everything with a real estate investment?

A bad tenant can trash the place, or cause lot of damage that extends even to other units like leaving water running overflowing and then leaving the place flood. By the time someone notices and calls you the damage is well beyond any money you are making off the rent. Tenents are protected from such liabilities and would not have to pay. It all falls on the landlord.

I've thought of getting into rental units myself but the laws for that are ridiculously 1 sided. Heck, if you have a problematic tenant, even one that does not pay his rent, you're not allowed to kick him out. There's a process to kick out tenants but it's very long (years) and if they correct their act, it resets. So say they arn't paying their rent, you start the eviction process which takes years, and they make a $1 payment, it resets everything. Bad tenants that know the system can pretty much live rent free and do as much damage as they want.

I guess it depends a lot on the location though, some locations might be better than others.

 

[BurnItDwn]

How exactly would you lose everything with a real estate investment?

lots of posibillities, here are a few samples.

1.) invest your nest egg in a multiunit property. Owe a lot of money still, pay taxes every year, do upkeep on builiding, possible you may still have negative cash flow. Fast forward to market crash, now, a few units go vacant, some tenants have trouble paying their rent, landlord loses out

2.) Or you maybe buy and rent out a house, or a couple houses, bad tenants, they have good lawyer and work the system and eviction takes several months. During that time, they damage the property, steal all the copper pipes and wiring, steal fixtures, and damage the house,

3.) lawsuits, scammer feigns injury and takes you to court with ambulance chaser. You are screwed either way due to the cost of defending yourself or the cost of settling

 

[Darwin333]

A bad tenant can trash the place, or cause lot of damage that extends even to other units like leaving water running overflowing and then leaving the place flood. By the time someone notices and calls you the damage is well beyond any money you are making off the rent. Tenents are protected from such liabilities and would not have to pay. It all falls on the landlord.

I've thought of getting into rental units myself but the laws for that are ridiculously 1 sided. Heck, if you have a problematic tenant, even one that does not pay his rent, you're not allowed to kick him out. There's a process to kick out tenants but it's very long (years) and if they correct their act, it resets. So say they arn't paying their rent, you start the eviction process which takes years, and they make a $1 payment, it resets everything. Bad tenants that know the system can pretty much live rent free and do as much damage as they want.

I guess it depends a lot on the location though, some locations might be better than others.

Wow, it takes yall years, plural, to evict a completely non-paying tenant?

And wouldn't insurance pay for damages?

 

[ponyo]

I'm ready for zombie apocalypse. I just need some Coolcoin now so I can use it to barter on ATOT.


As for real estate, I have my house and it's paid for free and clear. How many of you talking about the pros of real estate investment even own your own home? I would work on owning a home first before thinking about rentals. Baby steps.