(02-06-2018, 07:37 AM)flsprtsgod Wrote:

(02-06-2018, 12:01 AM)HandsomeRob86 Wrote: Are you a day trader? This is a good time to buy, just ride the wave. The correction was overdue, the economy is strong and there is no fundamental issue with our GDP being over 5% this quarter. I doubt this is the start of anything like 2008.

Remember you don't lose or make anything till you sell except dividends (which I always need if a stock is in my possession).

In 2011 I looked at a house for sale in Jax Beach. Decent part of the North end, house was in good shape, family was moving to NC. Priced at 185,000, we didn't get our offer in before it sold the next day.

Same house went on the market last Saturday, new paint, new tile floors throughout. No other changes. Priced at 359,000.

We dun blowed up the real estate bubble again to 2007 levels.

Not quite, but I do of one guy who was in RE who is in medicine now. Refused to buy a house last summer when he matched to a 5 year residency. He swore up and down it was gonna crash again in a couple years. I see these projections of 2020, maybe they are right? Recessions are cyclical.

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How about bitcoin now, how long before it really collapses? CC are banning their use to purchase them, banks are following. Cryptocurries is looking more and more like a ponzi scheme IMO.

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