Bloomberg: Financial Crisis of 2025? Better to Be Ready

[WhereIsTheLove]

Nah, let these clowns get caught off guard. Mfs would rather stay on TMZ and IG looking for their next dose of dopamine than to wake the fukk up and get laser focused on what is happening.

 

[beejus]

Sold my house last October. Made some good money. Currently renting for a year while trying to figure out where we wanted to live and wait for the right house. My wife is anxious to buy a new house, but with all the doom and gloom right now I'm think it's best to have the money just sitting in the bank. Away from the markets and not back into a home that will most likely drop in value soon.

 

[Diondon]

The bankruptcy bawse with no checks and balances
Yeah lets get rid of Powell too

 

[Wiseborn]

Donald Trump has got America so fukked up that BLOOMBERG is advocating for regulators and regulations

Yeah you know it’s bad when Bloomberg wants tighter regs.

 

[Wiseborn]

I got 40k sitting in HYSA and regular checking.. wife has 25k sitting in hers.

No big purchases for either of us during this time period. We def saving and waiting to see what happens

You didn’t invest none of that?

You’re leaving returns on the table.

 

[Wiseborn]

Sold my house last October. Made some good money. Currently renting for a year while trying to figure out where we wanted to live and wait for the right house. My wife is anxious to buy a new house, but with all the doom and gloom right now I'm think it's best to have the money just sitting in the bank. Away from the markets and not back into a home that will most likely drop in value soon.

I don’t know mortgage rates are going for 7% right now.

 

[beejus]

I don’t know mortgage rates are going for 7% right now.

As in you would hold out and wait for them to drop? Been thinking that it is best to wait for house market to crash, but also wait for mortgage rates to drop.

 

[Wiseborn]

As in you would hold out and wait for them to drop? Been thinking that it is best to wait for house market to crash, but also wait for mortgage rates to drop.

I would wait for housing prices to drop as people get foreclosed on in the coming recession.

 

[beejus]

I would wait for housing prices to drop as people get foreclosed on in the coming recession.

What I'm thinking too. Sad as it is. I might actually be able to come up in the world with this future recession.

 

[Wiseborn]

What I'm thinking too. Sad as it is. I might actually be able to come up in the world with this future recession.

Don’t feel bad if it’s bad enough the banks will be bailed out and they’ll make loans to the people who were forclosed on. It happened in ’08 and it will happen again.

Just don’t let it happen to you.

 

[jaydawg08]

You didn’t invest none of that?

You’re leaving returns on the table.

“Invest it!!” is one of those terms people throw around and don’t even know what they mean by it

I have a TSP I max out on and will wait for real estate opportunities to show themselves over the next 10 years

 

[WhereIsTheLove]

The bankruptcy bawse with no checks and balances
Yeah lets get rid of Powell too

I pray he does that. I will short the whole market like my life is depending on it.

 

[Wiseborn]

“Invest it!!” is one of those terms people throw around and don’t even know what they mean by it

I have a TSP I max out on and will wait for real estate opportunities to show themselves over the next 10 years

Well do what's best for you breh

Are you talking about REIT’s bonds or buying actual houses?

 

[WhereIsTheLove]

You didn’t invest none of that?

You’re leaving returns on the table.

A safe 4-5% interest is better than getting his account chopped to death by this clown of an administration

 

[Wiseborn]

A safe 4-5% interest is better than getting his account chopped to death by this clown of an administration

I get it. However I don’t buy individual stocks bonds or anything I buy ETF’s and buy a hold dollar cost averaging the whole way.