stock market crash

[Hobosapien]

In Pooper's Wibbly World, bitcoin can lose 99.9% of it's value and then the remaining 0.1% of the value can double and he thinks we are all rich again.

Timing the market beats time in the market.

[scooterscot]

In Pooper's Wibbly World, bitcoin can lose 99.9% of it's value and then the remaining 0.1% of the value can double and he thinks we are all rich again.

I object to the use of word Wibbly. I once had a wobbly wibbly when walking whilst waiting without wondering what who or why. Then the wibbly hit me. I was wobbly for some time before recovery.

[scooterscot]

You'd have to be bonkers to buy shares at the moment. This is not a dip, this is a falling knife. It has to bounce twice at least before a consolidation period begins, just look left.

[TheGreenBastard]

You'd have to be bonkers to buy shares at the moment. This is not a dip, this is a falling knife. It has to bounce twice at least before a consolidation period begins, just look left.

Didn't you try catching a falling knife with your pension, yikes.

[Andy2]

Bought amazon shares, its a bargain after a 30% fall
fill your boots

[scooterscot]

Bought amazon shares, its a bargain after a 30% fall
fill your boots

I don't believe anyone is that reckless. Amazon stock 43x in the last 10 years. Yes, that's 4300% in only 10 years for a glorified Woolworths. You bought after a mini 30% pullback.

[NotAllThere]

...a glorified Woolworths...

AWS is just three letters to you, I guess.

[scooterscot]

AWS is just three letters to you, I guess.

I'm aware of their physical data centres around the world, locations etc. I'd not price them at $1 trillion however. No where near. You could replace all for less than $1 billion.

[Jog On]

If this stock correction is indeed the "big one" some people have been predicting for about the last 5 years then I don't think fundamentals or intrinsic value will mean anything for a while. There will be a lot of bargains to be had, but not for a while.

[NotAllThere]

I'm aware of their physical data centres around the world, locations etc...

It's a little bit more than that.