When the bubble bursts?

[Pacman]

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.

[Twin_Cam_Turbo]

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.

[The_Rural_Juror]

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I was investing before and during the dotcom bubble.

Damn you are ancient.

[davidI]

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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.

[Sentry]

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?

[Buster]

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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.

[Disoblige]

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It's always different this time.

Since 1920!

[M.alex]

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.

[The_Rural_Juror]

Exactly. Buy TSLA. (͡ ° ͜ʖ ͡ °)

[Pacman]

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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.

[mr2mike]

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

[ExtraSlow]

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

Probably a major factor.

[ExtraSlow]

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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.

[roopi]

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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

[The_Rural_Juror]

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energy

tsla

[ExtraSlow]

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Energy

Bold strategy cotton.

[killramos]

I think Tobacco is going to make a comeback.

[tcon]

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You can’t lose if you don’t 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...

[ZenOps]

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.

[phreezee]

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