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Dec 11, 2019
1:54:35pm
MatthiasPhunkHausen All-American
Re; Tesla's head start or advantages, when the big boys fully go after T's
marketshare, I think we'll see cooperation and coordination unlike we've ever seen before. The New Toyota Supra has a BMW X4 platform and BMW engine, not that it's completely relevant here, but I expect to see Toyota, BMW and maybe even another 1 or 2 Japanese and German automakers go into business together when scaling up for EV stuff. A lot of stuff you see on CNBC has to be viewed w/ a wary eye, they sold out their network to cheerleading many years ago and the shows like Fast Money, almost always is money managers "talking up their book" or the trades they have on at the time. Sounds cynical, but there's so many examples of relentless stock cheerleading and "buy buy buy" at the top w/ stocks that totally collapse, they go negative when something really should be bought. This is the deep dark secret w buyside analysts and stocks, they'll have a "strong buy" on something as it collapses 50% and change it to sell at rock bottom or when the co's in big trouble. It's stuff to consider in times like this w/ all one's investments and 401k.


It's the retail investor that gets abused by firm analysts and CNBC propaganda. I'm not saying nothing can be trusted, just people need to realize it's a lot shadier than most realize, and the big boys often make their big $ at the expense of the retail investor segment. As firms say "hold tight, stay strong, it always comes back" you're broker is likely doing anything but. I've posted many a rant on here re; that topic. It's just important for people to realize, when the Nasdaq bubble burst in 2001, it took 14-15 years to get back to break even. Scaling out into cash or safer stuff after a big, long run will do incredible things for your net worth over the course of a career. Younger people who've entered most of their $ after the big run up can especially get hammered.

Holding and hoping, will decimate 401k's. Fear of missing out is a real thing, but people under 35 forget we've had a couple 40-80% drops w/ Nasdaq(was the 80% drop beginning in 2001) and SP500 since 2000. If the economy was so strong, the fed wouldn't have to panic cut rates the last year instead of raising rates, that happens in a strong economy. Not only that, through repo etc the fed has pumped over 100b into markets in the last few months, and continue 30-50b at at time adding liquidity, not something necessary in a strong economy and market. I'm not saying the sky is falling, but the little guy needs to pay more attention to what's going on beneath the surface, because CNBC and the Fed will say everythings awesome up until the day of wipeout, just like 2001, and 2008.

I beat this drum so people consider that hold and hope is dangerous in the days of artificially fed inflated bubbles. Dudes in their 40's likely know what it's like for their 401k to lose half it's value and take decade plus to recover, and it's completely avoidable. I've seen this kind of "the market will only go up" confidence and confidence in the do it yourselfers investing skills before. Also, homes and real estate, when considering buy and sell, don't forget what can, and to a degree, will happen again w/ home values. The "everything bubble" that tens of trillions in global central bank debt has blown, and continues to blow, contrary to "strong economy" claims will hit stocks and home values, so it pays to look at the past few decades and consider everything before buying near the top.
This message has been modified
Originally posted on Dec 11, 2019 at 1:54:35pm
Message modified by MatthiasPhunkHausen on Dec 11, 2019 at 1:56:16pm
Message modified by MatthiasPhunkHausen on Dec 11, 2019 at 2:19:05pm
MatthiasPhunkHausen
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MatthiasG
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MatthiasPhunkHausen
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12/11/19 11:40am
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