During Obama reign of terror I moved into bonds and said fuck it. My investments were not keeping up with inflation. Not going to make a lot in bonds if anything but at least I was not getting crushed, mainly just keeping what I had.
I moved early this time. I'm not sitting around waiting for this thing to crash which it will. That's ok if people want to laugh at me. I don't need the money and want off the roller coaster ride. I did well under Trump. Taking my winnings early and getting off this rickety cart.
I bought into some treasury bonds the other day, that's the only thing that's going to go up.
Fucking 5 TRILLION spending just to gain a couple points on the Dow Jones.
Real estate inventory is at records low because of the government mandated moratorium on evictions, once that ends inventory is going to skyrocket and prices are going to tank. That'll be the beginning.
All these tech companies that did the things they did to get us in this position will suffer most.
Bring it fuckers, I'm ready. I've got a few hundred grand in cash and will be ready to buy all that cheap property here in a couple years.
Thankfully I made my coin in the boom so I honestly don't care anymore. Building a pool and outdoor kitchen next month with some of it with some primo landscaping. Going to sitback and watch this thing blow up by the hot tub. No way is this market sustainable. Even with the pandemic winding down people are pissed off. Lifestyles have changed. Less travel, stupid woke businesses losing millions of patrons and scoffing at it, TV viewership tanking, sports interests dying...meh. All these things are taking the bounce out of dollars. Money is not moving as before.
It'll be interesting to see what happens. We all know this is fake right now, when it starts to crash the printer will go into overdrive.
They've been able to print their way out of it before, one crisis at a time. This looks to be a cumulation of multiple crises caused by kicking the can down the road, pandemic lockdowns killing businesses, and high real estate prices caused by government moratoriums. I don't know that you can print your way out of more than one crisis at a time... but they'll try.
I've gone very conservative with my investments, selling my second home now so I'll have cash on hand. Have plenty of toilet paper and propane and ammo!