Dow closes with a 2000 point loss

It hasn't even begun.

i was on here 2 weeks ago talking about how there is a major liquidity crisis and how there will be major bankruptcies given the need to shut down factories and quarantine people. We clearly saw this with China, but the markets turned a blind eye to it, so did my normie family and friends. At the time this oil battle with Saudi Arabia and the Russians wasn't even happening, which is another black swan to the credit markets at the same time.
The liquidity crisis is coming, and its very deflationary, expect those in power to do everything to keep things from the inevitable collapse of the system that the system desperately needs. And don't worry about YANG not winning, i wouldn't be surprised to see Trump bucks being handed out to everybody as an emergency measure

You should have bought gold

>tfw the day(s) of the pillow has finally come

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I AM BROKE I NEEDED 5 MORE YEARS FOR HOMESTEAD AND GOLD

telling people to "buy gold" isn't good advice. i'm not saying owning gold is a bad idea, but most people have no idea how to purchase the stuff, so they opt for something easy like a Gold ETF, and then they think they own gold, or they buy bullion and pay crazy premiums and shipping making 10% gains required to break even if they sell.

Gold (physical only) is a FINE place to park your WEALTH -- what you own or have built up over the years. AFTER you have food, water, medicine, land, equipment, security, and all the practical things covered. Unless you're fully prepped, don't both with "where should I park my cash".

I believe we can go lower(much lower).

I feel smart, but also stupid, because i knew this would happen, but I thought it would happen every year since 2014

>still higher than 4 years ago
I thought you said it was crashing

It is awesome. I'll buy so many fucking divvies when it goes below 20k, DCA of course.

Just you wait lil friendo

Here's hoping we can hit 3k tomorrow

Even if it recovered from this point, the market had only just got back to where it was 15 years ago. The gains of the last 4 years have been wiped out in a weak

below 20 000 till friday, but then it will stable for a while before rising again

And this is why you don't invest in the stock market, kids. The slightest thing, like a few thousand people dying of a super flu, can send it crashing down. Imagine what would happen if terrorists detonated a nuke in just one city. You'd lose all your money in a day.

It was saved by the bell. Not only this morning, where the stock market turned itself off (nice "free market"), but the bleeding was only stopped because of the closing bell

15k easy. Short everything and buy puts, all that you can.

what put should I buy?

>Economy collapses
>Most socialist programs take a huge hit
>Now people have to fend for themselves rather than using the state as a safety net
>tfw it happens when we're in our prime
>tfw it happens when boomers aren't
I want to see every single one of them on the streets begging for support so I can then tell them they're acting entitled.

-2020.

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IT’S OVER

>bUy ThE dIp

Absolute fucking retard

See ya in a year when you're still bitching about the price of rent, when you could've exploited the situation and made money

Based and bankruptpilled.

But it will.

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Same here. 2014 was the year it became obvious to me that it's all bullshit. Naive as I was, I thought that would be the time the markets would fall apart. Lots of alarmist bloggers and youtubers to tell you It'll happen in the next six months. Alwas next september or next march.
I guess 2020 changed it all, but I'm still not convinced this is it yet. Could be the conditioning...

Social security division is now just a single web page with a picture of a boomer pulling himself up with his boot straps.

>prime
Actual fit millennial here. 80% of the dudes in my generation are either fat or limp wristed faggots.

They’ll be on the street too.

This isn’t “the big one”. But it is a correction

Trump and Biden just ended up 50-50 tossup in betting odds...

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GUYS GERMANY IS ALMOST DEAD

SHARE THEIR FAILURE SO PEOPLE KNOW NOT TO TAKE IN REFUGEES

>buy the dip
This 'dip' is likely a correction that has been long overdue and that we will see a new normal that for probably 5+ years.

If they have to, they can work their way out of being fat. Boomers can't work their way out of being old fucks.

They can just give a firm handshake and work unpaid internships. Give them their own meme advice.

get ready for the "turbulent twenties"
some libertarian trash in this, but otherwise on point:
archive.is/8IN21

Well good luck to everyone. My parents were bad with money but they were hardly “da boomer”. I’ll be looking after them

”Dump et”

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The kikes will manipulate the market again and shit will go up.

They still have to play within the parameters of the rules they set up.

It’s becoming much harder.

More like catch the falling knife.

quads call for full scale market crash, rolling

No.
Sell the rip.

>i wouldn't be surprised to see Trump bucks being handed out to everybody

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Last time I took financial advice from Yas Forums I abandoned my family and lived in the forest for 6 months due to being told Seattle was going to be nukes. Kids still won't speak to me.

Based and Niggerpilled

It has about 20% more to go, around 16 p/e or so.
You can expect (((them))) to keep the market volatile until the election. Regardless of who wins, it'll stabilize and start recovering next year.

Those are what made many a trader suicide in 1929.

All for some nothing burger virus that's 65 times weaker than the average flu. I think it's a political move to induce mass panic.

Yeah dude buy some company's stock that's going to end up being worthless junk as it declares bankruptcy

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Lmao you fucking retard. Guess what I fucked ur mum