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WarGamer

(16,832 posts)

22. Recessions are cyclical...

Reply to Jmb 4 Harris-Walz (Original post)

Sat Nov 9, 2024, 01:34 PM

Nov 2024

After 2008 we were really overdue for one and then COVID hit but that was very short lived, technically only a 2 month recession...

IMHO... no matter who would have won in 24... recession in 25.

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So right now the stock market is going crazy. How long is it anticipated to last before the bottom drops out? [View all] Jmb 4 Harris-Walz Nov 2024 OP

Here's some advice Prairie Gates Nov 2024 #1

Oh trust me I know. But it doesn't hurt to get some info before seeing my financial advisor. I'd never take any Jmb 4 Harris-Walz Nov 2024 #10

Good Lord Prairie Gates Nov 2024 #12

What did I say to get that reaction? Puzzled 🤔 Jmb 4 Harris-Walz Nov 2024 #17

Depends on how "professional" your professional is. DFW Nov 2024 #20

Hope you're no longer with that agent at Morgan Stanley! Jmb 4 Harris-Walz Nov 2024 #24

I put them in deep freeze DFW Nov 2024 #29

Right now the market is going crazy over deregulation gab13by13 Nov 2024 #2

Bill Clinton predicted recently the next President would be gifted with an economic boom andym Nov 2024 #3

It all depends on what he will actually do, and if he goes through with what JohnSJ Nov 2024 #4

If anyone knew the answer to that question they would be the richest person in the world overnight. Groundhawg Nov 2024 #5

Dunno, retired Fed here too, but my TSP's been absorbed long time ago, relying on pensions (and Soc Sec.) elleng Nov 2024 #6

I got blasted when I posted this earlier this week, but here it goes. Yavin4 Nov 2024 #7

Can't cash out 401K until retirement. n/t CousinIT Nov 2024 #8

But you can move the money into safer investments. Jmb 4 Harris-Walz Nov 2024 #14

I'm not saying cash out. Yavin4 Nov 2024 #15

Berkshire Hathaway agrees IA8IT Nov 2024 #13

A friend of mine in Dallas would agree with you. DFW Nov 2024 #26

Market timing is folly Fiendish Thingy Nov 2024 #16

That is all correct. Folks who indulge in market timing are much more dependent on Disaffected Nov 2024 #21

Diversify if you can DFW Nov 2024 #27

Agreed and to add... WarGamer Nov 2024 #23

Stay diversified Fiendish Thingy Nov 2024 #9

I agree. n/t Hugin Nov 2024 #18

To be honest... Hugin Nov 2024 #11

If the crypto bros win, everyone who doesn't hold crypto loses. Yavin4 Nov 2024 #19

You can even buy and pay with crypto on PayPal now womanofthehills Nov 2024 #25

Jeez. Can he actually do that? Gonna check that out Joinfortmill Nov 2024 #30

No. He cannot alone. Yavin4 Nov 2024 #31

Recessions are cyclical... WarGamer Nov 2024 #22

I moved 20% into cash/money market funds this morning Joinfortmill Nov 2024 #28