Leopards Ate My Face

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MAGA clown sees her retirement disappearing (more in comments) (sh.itjust.works)

submitted 4 days ago* (last edited 4 days ago) by jballs@sh.itjust.works to c/leopardsatemyface@lemmy.world

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[–] TranscendentalEmpire@lemm.ee 14 points 4 days ago (1 children)

Now is not the time to buy...... Dont try and catch a falling knife. Let it hit the floor before you decide to pick it up. Tariffs will take weeks until they really start curbing consumer spending, we have a long ways to go.

[–] Wanpieserino@lemm.ee 1 points 4 days ago (2 children)

It's not going to just stay on the floor nicely like a good little doggy. Once it reaches it, it will shoot up sharply.

I'm just going to take the average of the crash. Put in 2000 euros every few days across 2 months and then ride it out.

It's still the same property and I'm going to keep it for 20 years. It's money I don't need.

[–] TranscendentalEmpire@lemm.ee 5 points 4 days ago

You are treating this as if it were a dip, when in reality this is more than likely the beginning of a recession. The last time we had a real recession it took the market nearly 2 years to hit the ground bottom.

You are going to have plenty of time to buy low, nothing is going to be shooting up quickly unless tariffs return back to normal.

[–] Valmond@lemmy.world 4 points 4 days ago

Like a dead cat bounce 😂