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Thread: When the bubble bursts?

  1. #21
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    I was investing before and during the dotcom bubble. This all feels eerily similar to how it felt back then. Lots of people investing (who have never done so in the past) and thinking their money was totally safe and guaranteed to 2x - 5x in a short period of time. A few small pullbacks and then even bigger increases, giving more confidence.

    I got nervous and sold off some of my big gain stocks in mid 2020 (Shopify, Amazon, Apple) and feel like a total idiot as I sold way too early even though I saw great % returns.

    I know this time it's supposed to be different factors driving this insanity but I'm still not confident the end result will be any different than 2001.

  2. #22
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    Damn I’m going the wrong way. I’ve turned a lot of my assets into cash in 2020 and intend to sell my townhouse in April too. I’ll be left with 3 cheap cars and that’s it.

  3. #23
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    Quote Originally Posted by Pacman View Post
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    I was investing before and during the dotcom bubble.
    Damn you are ancient.
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  4. #24
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    Quote Originally Posted by nzwasp View Post
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    Is it really cheap to live and eat in Spain? We went there for a month during our honeymoon in 2011 and I remember that while it wasn't as cheap as Portugal our money seemed to stretch quite far.
    Rather than hi-jack this thread I've started a general AMA about Spain since I seem to get quite a few Q's.

  5. #25
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    9mm is currently going for 22 cents a round here and $1.50 a round in the states. Time to lay some model train tracks across the border?
    34c717059e73ad06b74121d5deb8e84e.jpg
    86 Mustang / [email protected] / 360whp 420ftlbs
    02 Impreza / [email protected] / 240whp 270ftlbs

  6. #26
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    Quote Originally Posted by Pacman View Post
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    I was investing before and during the dotcom bubble. This all feels eerily similar to how it felt back then. Lots of people investing (who have never done so in the past) and thinking their money was totally safe and guaranteed to 2x - 5x in a short period of time. A few small pullbacks and then even bigger increases, giving more confidence.

    I got nervous and sold off some of my big gain stocks in mid 2020 (Shopify, Amazon, Apple) and feel like a total idiot as I sold way too early even though I saw great % returns.

    I know this time it's supposed to be different factors driving this insanity but I'm still not confident the end result will be any different than 2001.
    It's always different this time.

  7. #27
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    Quote Originally Posted by Buster View Post
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    It's always different this time.
    Since 1920!

  8. #28
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    markets will remain irrational far longer than you can remain solvent.

    feels exactly like 2000 to me, although the big difference is the govn'ts have committed to keeping this propped up and you can't fight them. Just buy quality stuff .... you won't get a 5x pop in a few months, but the downside will be protected.
    sig deleted by moderator, click here for info

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    Exactly. Buy TSLA. (͡ į ͜ʖ ͡ į)
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  10. #30
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    Quote Originally Posted by M.alex View Post
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    markets will remain irrational far longer than you can remain solvent.

    feels exactly like 2000 to me, although the big difference is the govn'ts have committed to keeping this propped up and you can't fight them. Just buy quality stuff .... you won't get a 5x pop in a few months, but the downside will be protected.
    what are the quality stocks these days? Most seem really over valued. Although they also seemed overvalued when I sold 6 months ago.

  11. #31
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    Don't bet against fed stimulus. Until that dries, I think this keeps rolling.

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    Quote Originally Posted by mr2mike View Post
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    Don't bet against fed stimulus. Until that dries, I think this keeps rolling.
    Probably a major factor.
    Quote Originally Posted by killramos View Post
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    If there is one thing I know for sure. ES has no Aspen goals

  13. #33
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    Quote Originally Posted by Pacman View Post
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    what are the quality stocks these days? Most seem really over valued. Although they also seemed overvalued when I sold 6 months ago.
    XEI and go to sleep.
    Quote Originally Posted by killramos View Post
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    If there is one thing I know for sure. ES has no Aspen goals

  14. #34
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    Quote Originally Posted by Pacman View Post
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    what are the quality stocks these days? Most seem really over valued. Although they also seemed overvalued when I sold 6 months ago.
    Energy

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    Quote Originally Posted by roopi View Post
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    energy
    tsla
    Quote Originally Posted by 89coupe View Post
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    Beyond, bunch of creme puffs on this board.
    Everything I say is satire.

  16. #36
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    Quote Originally Posted by roopi View Post
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    Energy
    Bold strategy cotton.
    Quote Originally Posted by killramos View Post
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    If there is one thing I know for sure. ES has no Aspen goals

  17. #37
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    I think Tobacco is going to make a comeback.
    Originally posted by Thales of Miletus

    If you think I have been trying to present myself as intellectually superior, then you truly are a dimwit.
    Originally posted by Toma
    fact.

  18. #38
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    Quote Originally Posted by killramos View Post
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    You canít lose if you donít sell
    Oh trust me when you don't sell you still get some nice fossilized red numbers in your portfolio when companies go to 0. Maybe I can sell them to a museum some day...

  19. #39
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    Lumber hit a thousand per thousand last year, Finished steel looks like its gonna hit thousand per ton this year. Insane inflation.

    You would think they were building a skyscraper to the moon.
    Opportunity Cost : Columbus spent $0 on burned carbon fuels to find America.

  20. #40
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    I liked this interview with Grantham. Still waiting to see what Yellen does, but good to get some other perspectives.

    Why Grantham Says the Next Crash Will Rival 1929, 2000

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