how will you handle the coming economic crisis?

[dat feel]

the coming economic crisis, with 30-60 million unemployed, might be far worse than corona

jobs will be impossible to get even for workers with experience, let alone young people

people will be fighting for any job, even waiter, etc

30-60 million people will be unemployed, unable to make rent etc

maybe trump is right. the shutdown may be worse than the disease itself

 

[TheAscendedOne]

I shorted oil, hotel and flight companies, with leverage, in January so I've been doing pretty damn well. +$50k. Closed shorts and been longing indices in some of the recent bull-movements. Also picked up a few long term stocks at bottom levels for long term holding.

 

[Gaia262]

the coming economic crisis, with 30-60 million unemployed, might be far worse than corona

jobs will be impossible to get even for workers with experience, let alone young people

people will be fighting for any job, even waiter, etc

30-60 million people will be unemployed, unable to make rent etc

maybe trump is right. the shutdown may be worse than the disease itself

This is amazing news. I predicted this for a long time now.

Buy to let Investors please critique my plan

It's ok to challenge me on anything i can take it: iron sharpens iron. So me and my brother (26 and 25 respectively) have a 50% share in my family's house

www.propertytribes.com

This will be the era were wealth is transferred from boomers to the young. Assets will hit rock bottom. Just be careful as I know interest rates will rise and they force inflation up to allow this to happen.

I plan on starting my real estate investment company up purchasing up real estate when it bottoms.

Fyi don't give a shit about workers being unemployed . They are mindless pawns on the chessboard.

 

[dat feel]

I shorted oil, hotel and flight companies, with leverage, in January so I've been doing pretty damn well. +$50k. Closed shorts and been longing indices in some of the recent bull-movements. Also picked up a few long term stocks at bottom levels for long term holding.

lol @ taking huge risks on margin

you will probably end up in jail

enjoy getting that margin call

 

[Deleted member 3328]

Gooks are going to pay for it

 

[TheAscendedOne]

lol @ taking huge risks on margin

you will probably end up in jail

enjoy getting that margin call

Bruh, I don't trade with 20x leverage. I traded with 2x

 

[Deleted member 685]

I shorted oil, hotel and flight companies, with leverage, in January so I've been doing pretty damn well. +$50k. Closed shorts and been longing indices in some of the recent bull-movements. Also picked up a few long term stocks at bottom levels for long term holding.

 

[laske.7]

steal maxxing

 

[OldRooster]

Buy low, sell high

 

[dat feel]

Buy low, sell high

are you averaging down