stock market crash

[scooterscot]

I sold out what I bought for a small profit earlier this week! How's is the Ethereum bet going?

Got another $10k waiting.... getting close...

[rootsnall]

I'm feeling much better about my 50% loss on Woodford now. Went tits up at the perfect time!

He's bringing out a new 'Woodford Capital Saver Fund'

[DimPrawn]

I'm feeling much better about my 50% loss on Woodford now. Went tits up at the perfect time!

50% losses now even worth talking about. You need to be in 99.999% losses club mate.

[northernladuk]

I told you all the stock market was going to crash 2 year ago. Called it, got it.

This must genuinely be the dumbest thing you have ever said. You called a market crash due to a virus that didn't even exist back then and you are taking credit for calling it?

Utterly ******* moronic.

[DealorNoDeal]

wall street suspended!

This crash has erased 60% of the Trump rally since he entered office in Jan 2016.

DOW
Jan 2016: 16,000
Peak (mid Feb 2020): 29,500
Now: 21,500

[scooterscot]

I called the crash, not the virus!

Wasn't going to take much to prick the bubble.

[Hobosapien]

I'm telling you the housing market is next. Why? Because you don't pay a mortgage (which you think is cheap today) when down the road ( 2-3 year from now) there is a bigger nicer property for 40% less, and even costs less per month to service. People just don't get it. Been alive long enough to see this happen twice over, and folks are waking into the same situation with a massive amount of hubris.

In the meantime people are still paying their current mortgage and need somewhere to live. They may find if they try to move to somewhere bigger yet cheaper that their mortgage provider won't lend them the difference due to negative equity potential, so those stuck in over priced houses will continue to pay the mortgage for it, or default.

The virus is going to decimate the economy this year and many people risk losing jobs or getting shunted onto statutory sick pay at a measly £94 a week. Can't pay their bills and debts with that.

tulip is about to get real for those surviving on debt, if they survive the virus.

Hence, the government who are also off their tits on debt will find a way of 'making it all go away'. Who will end up paying that price?

[jamesbrown]

50% losses now even worth talking about. You need to be in 99.999% losses club mate.

I can only aspire to that level of carnage without a crypto account.

[scooterscot]

Got another $10k waiting.... getting close...

There goes the other $10k

[DimPrawn]

There goes the other $10k

3rd time lucky, off you go...