Stock Market bubble - will crash

[Ron_Artest 1,579]

Buy the dip?

[Horseman 2,480]

52 minutes ago, Ron_Artest said:

Buy the dip?

A huge dip of 1-2%!!!!!!!!!!

If it gets to 5-10% rebalance, then you don't have to ask dumb questions like that. 

[seafoam1 3,086]

9 minutes ago, Horseman said:

A huge dip of 1-2%!!!!!!!!!!

If it gets to 5-10% rebalance, then you don't have to ask dumb questions like that. 

That guy is dumb. 

[easilyscan 936]

9 hours ago, Horseman said:

A huge dip of 1-2%!!!!!!!!!!

https://stockcharts.com/h-sc/ui

Batten down the hatches

[Horseman 2,480]

12 hours ago, easilyscan said:

https://stockcharts.com/h-sc/ui

Batten down the hatches

LOL, how did expert chart reader @Ron_Artest miss that opportunity. Now he wants to buy the 1% dip three weeks after a golden cross. 

[Horseman 2,480]

But let's be real. He doesn't have any money to buy a dip. He had to sell investments to pay for his kids student loans while carrying a mortgage. 

[Ron_Artest 1,579]

32 minutes ago, Horseman said:

LOL, how did expert chart reader @Ron_Artest miss that opportunity. Now he wants to buy the 1% dip three weeks after a golden cross. 

I'm not buying after yesterday dummy

[Ron_Artest 1,579]

31 minutes ago, Horseman said:

But let's be real. He doesn't have any money to buy a dip. He had to sell investments to pay for his kids student loans while carrying a mortgage. 

Yes I pay for my kids education.  Funny huh?  And I have a 3% mortgage, why pay that off?  And the fact that I sold investments as you said means that I do have some money. Logic is not your strong suit.

[avoiding injuries 1,595]

36 minutes ago, Horseman said:

But let's be real. He doesn't have any money to buy a dip. He had to sell investments to pay for his kids student loans while carrying a mortgage. 

You’re losing me here. “Carrying a mortgage”? That comes across as arrogant and out of touch. There’s enough to get him on while still being realistic. 

[Ron_Artest 1,579]

18 minutes ago, avoiding injuries said:

You’re losing me here. “Carrying a mortgage”? That comes across as arrogant and out of touch. There’s enough to get him on while still being realistic. 

Horseman arrogant and out of touch?  You're kidding!

[Horseman 2,480]

15 minutes ago, avoiding injuries said:

You’re losing me here. “Carrying a mortgage”? That comes across as arrogant and out of touch. There’s enough to get him on while still being realistic. 

I was raised and still belong to the school of zero debt. To me mortgages are for people just starting out, while building wealth and life, not nearing retirement.

I won't argue that having a 3% mortgage while making 4% guaranteed or 2-3 times that in the stock market isn't smart. Go for it. It's just unnecessary and adds some risk.  

[Horseman 2,480]

30 minutes ago, Ron_Artest said:

Yes I pay for my kids education.  Funny huh?  And I have a 3% mortgage, why pay that off?  And the fact that I sold investments as you said means that I do have some money. Logic is not your strong suit.

Student loans are great wealth building tools!  

[thegeneral 3,259]

4 minutes ago, Horseman said:

I was raised and still belong to the school of zero debt. To me mortgages are for people just starting out, while building wealth and life, not nearing retirement.

I won't argue that having a 3% mortgage while making 4% guaranteed or 2-3 times that in the stock market isn't smart. Go for it. It's just unnecessary and adds some risk.  

Did you put kids through college? 

[Ron_Artest 1,579]

7 minutes ago, Horseman said:

Student loans are great wealth building tools!  

I believe in the value of education and I'm happy that my kids do too.  I will do anything for my kids and I'm happy that I can pay for most of their education.  Mock me all you want for that.

[Horseman 2,480]

4 minutes ago, Ron_Artest said:

I believe in the value of education and I'm happy that my kids do too.  I will do anything for my kids and I'm happy that I can pay for most of their education.  Mock me all you want for that.

Admirable.  Respect. 

My only point is that you're not as wealthy as you pretend if you have a bunch of student loans. That is all. 

[Horseman 2,480]

48 minutes ago, Ron_Artest said:

I'm not buying after yesterday dummy

Oh that's right!!  I forgot 

You just say stuff, like THIS IS YOUR LAST CHANCE GET OUT NOW!  (this isn't advise btw, just saying stuff)

That's why nobody should listen to you or take you serious. 

Sorry guys this is one of my favorite threads. I won't muck it up anymore responding to this retard.  

[Ron_Artest 1,579]

48 minutes ago, Horseman said:

I was raised and still belong to the school of zero debt. To me mortgages are for people just starting out, while building wealth and life, not nearing retirement.

I won't argue that having a 3% mortgage while making 4% guaranteed or 2-3 times that in the stock market isn't smart. Go for it. It's just unnecessary and adds some risk.  

When I bought my house in 2001 I took a mortgage and invested the balance.  The rate was high, I think it was like 7.5 or something but I knew the market returns would be higher, plus I could deduct the mortgage (before trump took it away).  I wanted to stay liquid knowing I could pull from that money whenever I needed to.  Harder to pull house equity.  I have since refinanced as rates dropped and my initial investment is 4x.  The value of my house doubled as well with only a 25% investment. This is how you take advantage of debt.  Worked out for me.

[avoiding injuries 1,595]

44 minutes ago, Horseman said:

I was raised and still belong to the school of zero debt. To me mortgages are for people just starting out, while building wealth and life, not nearing retirement.

I won't argue that having a 3% mortgage while making 4% guaranteed or 2-3 times that in the stock market isn't smart. Go for it. It's just unnecessary and adds some risk.  

Surprisingly, I just looked up the percent of home owners that are mortgage free and it’s nearly 40%. 
With the interest being tax deductible for the most part, and rates being low for a good part of the past two decades, I’m of the thought it makes sense to have a mortgage. Especially when the market has given a 10%+ return. 
It’s a no-brainer if you re-fi’d when rates were sub 3. 

[Ron_Artest 1,579]

42 minutes ago, Horseman said:

Admirable.  Respect. 

My only point is that you're not as wealthy as you pretend if you have a bunch of student loans. That is all. 

I don't pretend to be wealthy.  I am middle class.

[Ron_Artest 1,579]

Also one more thing on student loans.  I think it's good for students to understand the value of their education and have some skin in the game.  We're co-invested in them.  So even if I was wealthy I would still want them to have some loans to appreciate more of what they are doing and take it seriously.

Again, mock me for this all you want.  Shows your character.

[nobody 2,691]

I'd caveat that.  You need to study something real.  Going in there for some liberal arts degree and expecting ROI is a sub optimal strategy.  

[Ron_Artest 1,579]

2 minutes ago, nobody said:

I'd caveat that.  You need to study something real.  Going in there for some liberal arts degree and expecting ROI is a sub optimal strategy.  

Obviously.  None of my kids will have liberal arts degrees

[thegeneral 3,259]

14 minutes ago, nobody said:

I'd caveat that.  You need to study something real.  Going in there for some liberal arts degree and expecting ROI is a sub optimal strategy.  

Back when a nice state school was affordable there was nothing wrong with a degree in history, philosophy, etc. In the 90’s instate tuition at my school was around 5K a year (two semesters).

Now that people are taking on like 75k to do this yeah that’s a bit much.

[easilyscan 936]

3 hours ago, Ron_Artest said:

When I bought my house in 2001 I took a mortgage and invested the balance.  The rate was high, I think it was like 7.5 or something

I guess it all comes down to timing. To someone with a 3% mortgage.......7.5% seems high, for someone like myself, who bought my first home in July 1994 when a fixed would've been 9.25%..... 7.5% sounds reasonable. At the time. I asked approximately 12 'old people' if I should go with the fixed, or take a chance with an adjustable ? Every one of them told me to "go with the fixed, 9.25% is a very good rate"

They had all been through the incredibly high rates from the 70s & 80s so you can't blame them for that. I took a chance and went with the adjustable @ 6.25%

At the end of year 2, it was up to 7.19% & I was beginning to sweat. But that turned out to be the the high. The lowest yearly rate was 2.75%

FYI: I'm not gloating. I took a chance & got lucky.

 

 

[Horseman 2,480]

5 hours ago, Ron_Artest said:

Also one more thing on student loans.  I think it's good for students to understand the value of their education and have some skin in the game.  We're co-invested in them.  So even if I was wealthy I would still want them to have some loans to appreciate more of what they are doing and take it seriously.

Again, mock me for this all you want.  Shows your character.

Have them owe someone else interest instead of making them pay you back with interest.  Financial Genious. 

 

 

[Horseman 2,480]

5 hours ago, avoiding injuries said:

Surprisingly, I just looked up the percent of home owners that are mortgage free and it’s nearly 40%. 
With the interest being tax deductible for the most part, and rates being low for a good part of the past two decades, I’m of the thought it makes sense to have a mortgage. Especially when the market has given a 10%+ return. 
It’s a no-brainer if you re-fi’d when rates were sub 3. 

 

Quote

Based on the information available, the majority of taxpayers with mortgages are likely to take the standard deduction rather than itemizing, according to TurboTax and the IRS.

If you have the cash you can decide to leverage a low interest rate mortgage instead of paying it off if you want. But leverage comes with risk and you still owe payments each month.  Or you can pay it off and make monthly investments instead of payments without the risk.  

[Ron_Artest 1,579]

8 minutes ago, Horseman said:

Have them owe someone else interest instead of making them pay you back with interest.  Financial Genious. 

 

 

Yes that's the point.  They have their own credit cards too.  You don't know how to parent.

[Horseman 2,480]

4 minutes ago, Ron_Artest said:

Yes that's the point.  They have their own credit cards too.  You don't know how to parent.

Wow. Your family is in all kinds of debt. Nice work. 

[Ron_Artest 1,579]

6 hours ago, Horseman said:

 

Sorry guys this is one of my favorite threads. I won't muck it up anymore responding to this retard.  

So weak.

[Horseman 2,480]

On 7/30/2025 at 5:21 PM, Horseman said:

I've made more than the S&P because I have fixed income and rebalanced. 4 times so far this year.

Just finished the 4th on Friday. Wasn't even thinking about more tariff hysteria. Maybe it was in the back of my mind.

Down 2.5%, can we make it to 5%+ ? 

Juicy.  Makes my mouth water.