Stock market crash is imminent!

[DrHenley]

If you really believe it is crashing very soon, buy the CBOE volatility index stock, VIX, also known as the "Fear Index". You could double or triple or maybe even quadruple your money. Currently 16.48, it went up to 66 when COVID hit last year.

 

[Schattentarn]

Never own a stock in the month of October.

 

[Helen Back]

I do think that China's imminent failure will bring down every market in the world. And we should all know what that will lead to...



Weakening finances at Chinese developers put pressure on Beijing to act (msn.com)


SHANGHAI/SINGAPORE (Reuters) - Third-quarter earnings from China's property sector and ancillary industries show that Beijing's crackdown on rampant borrowing is inflicting pain far beyond just the embattled China Evergrande Group and could force the authorities to ease policy.

Evergrande's long-drawn debt crisis has not spilled into China's broader financial markets as feared, but the worsening health of China's $5 trillion property sector is testing Beijing's resolve to press on with painful structural reforms.

"Evergrande is not too big to fail, but the sector is," said Ronald Chan, Hong Kong-based Asia head of equities at Manulife Investment Management.

"Any consequent, potential impact on property prices in China will be detrimental."

Seven of the top 10 China-listed developers by revenue, including China Vanke Co and Greenland Holdings Corp, posted sharp falls in net profit during the July-September period, according to their quarterly reports.

Greenland's earnings dropped 27% while Vanke's profit fell 23% compared with a year earlier. Risesun Real Estate Development's profit tumbled 61%.

The list doesn't include Hong Kong-listed Chinese developers including Evergrande, Country Garden Holdings, or Guangzhou R&F Properties, which don't need to disclose third-quarter results under local rules.

A separate list of 20 major China-listed developers tracked by Citic Securities, which includes firms such as Gemdale Corp and Yango Group paints a picture of lower margins, shrinking cash piles, and rising balance sheet risks.

 

[Acdoctor]

Cut the head off the snake, heck joes done everything he can to help them while hurting all of working men+women. If we are going down they should too.

 

[Mountain trapper]

I've always thought that real estate was one of the best investments there is. Right now is a good time to own, but maybe not a good time to buy. Recently I heard about a place that was for sale just a few miles down the road from me. So I stopped and talked to the owner about it. The property was only 60 acres and he had just sold it for $650,000. Way too much for me.

 

[GeorgiaPeachie]

Wait for any land or house purchases until the housing bubble bursts. There are indicators that it is going to happen. Zillow stopping their purchases came as a shock to many. I thought they were overpaying for properties, so wasn’t surprised at all. Having bought and flipped more than a few properties over the years, one kind of gets a “feel” for the markets. So Arctic, if you want that piece of land, just wait. You should be able to snatch it up for a steal (if the folks need or badly want to sell it).

From Zillow: “Zillow to stop home-flipping amid pricing 'unpredictability' Zillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices”

 

[DrHenley]

Remember '08 when there were companies deemed "Too big to fail"?
Evergrande is too big to fail. That's why we have all the drama every month when their interest payments come due, but then somehow they manage to avert crisis again and again.
But also remember that having companies "Too big to fail" didn't stop the broader market from disaster.

 

[GeorgiaPeachie]

Remember '08 when there were companies deemed "Too big to fail"?
Evergrande is too big to fail. That's why we have all the drama every month when their interest payments come due, but then somehow they manage to avert crisis again and again.
But also remember that having companies "Too big to fail" didn't stop the broader market from disaster.

To add to that, since Evergrande there has just recently been 4 other Chinese real estate companies default. To think it won’t affect the entire world is naive in my humble opinion.

 

[Mountain trapper]

Wait for any land or house purchases until the housing bubble bursts. There are indicators that it is going to happen. Zillow stopping their purchases came as a shock to many. I thought they were overpaying for properties, so wasn’t surprised at all. Having bought and flipped more than a few properties over the years, one kind of gets a “feel” for the markets. So Arctic, if you want that piece of land, just wait. You should be able to snatch it up for a steal (if the folks need or badly want to sell it).

From Zillow: “Zillow to stop home-flipping amid pricing 'unpredictability' Zillow Group says it will stop buying and selling homes, citing the unpredictability of forecasting housing prices”

He already sold that piece. The owner has several thousand acres of land in the area. Even though it was only 60 acres, it was close to our property, plus it had a creek, timber and good grass.

 

[spazatak]

To add to that, since Evergrande there has just recently been 4 other Chinese real estate companies default. To think it won’t affect the entire world is naive in my humble opinion.

Big defaults should effect the entire worlds economy... But the fed keeps pumping new/fake money into the economy, so even bad news makes the stock market climb.. The market will continue to climb until next year IMO..

How bad a crash we will have and when is anyone's guess.. My guess is it will be a 10% correction because people are waking up..

 

[EastenerWesterner]

Anyone who bought real estate recently could be in deep doo doo. My son bought a starter house in traditionally low price area. Paid double of what it sold for 10 year ago. I worry about him.

 

[Brent S]

It has been a great year for investing either in stocks or real estate. But I do think the huge increases are on shaky ground now. When will it have a correction and how much is anyone’s guess. I wish I did have a crystal ball. I’m retired now so investing isn’t at the top of my list anymore. But I’m wise enough to say if I see something that looks good I would consider it. I believe crypto will still make money for some but feel it’s past it’s novelty phase and won’t be the billionaire maker it was anymore. Real estate is over priced just about everywhere across the country too. Even with the stock market being so high I think if you carefully pick your stocks to limit risk it’s still about the best thing out there currently. Bonds and bank interest are laughable right now and not worth considering. But there are always new things popping up so keep your eyes open for opportunities.

 

[Helen Back]

I think what most of us have now will be worth fortunes as the world's situation becomes more dire. As people FINALLY realize they need to get out of the cities, anyone with some land for gardening, fruit trees, firewood, well and septic, and good neighbors with guns, will be able to name their price. Throw in a fence, a dead end road, and over 5 miles off the hwy system and you will have the most sought after property. Of course, if you sell, where you going to go?

 

[GeorgiaPeachie]

I think what most of us have now will be worth fortunes as the world's situation becomes more dire. As people FINALLY realize they need to get out of the cities, anyone with some land for gardening, fruit trees, firewood, well and septic, and good neighbors with guns, will be able to name their price. Throw in a fence, a dead end road, and over 5 miles off the hwy system and you will have the most sought after property. Of course, if you sell, where you going to go?

You never sell it! You bring family and close friends and work together to build a better, safer and more God Centered life for your children and grand babies. Just saw where Jack Posobiec tweeted…Get Out Of The Cities! Wonder what he knows? He is ex CIA I believe.

Feeling very Blessed to be in a location with criteria you named.

 

[Dave2001]

I've always thought that real estate was one of the best investments there is. Right now is a good time to own, but maybe not a good time to buy. Recently I heard about a place that was for sale just a few miles down the road from me. So I stopped and talked to the owner about it. The property was only 60 acres and he had just sold it for $650,000. Way too much for me.

Property used to be great to own here but our taxes have gotten so high here you cant afford it anymore!!!!

 

[Dracos]

Many area have passed laws to keep land taxes from bankrupting older landowners. Your taxes can only increase at a small rate, until you sell. Then they skyrocket for the new owners.

 

[Mountain trapper]

Property used to be great to own here but our taxes have gotten so high here you cant afford it anymore!!!!

Mostly when I'm talking about real-estate I'm referring to ranch land and/or timber lands where you can get an AG or timber exemption on your real estate taxes. Our ranch for example has a very high valuation, but our property taxes are way less than for a simple house in town.
I believe that any property should be large enough to provide some income and a way to be self sufficient.

 

[GeorgiaPeachie]

Many area have passed laws to keep land taxes from bankrupting older landowners. Your taxes can only increase at a small rate, until you sell. Then they skyrocket for the new owners.

My husband and I were friends with wonderful gentleman who owned a very unique restaurant in Buckhead (Dante’s Down the Hatch). It was a ship with real alligators in the moat. Inside there were private “cabins” we loved to eat in! Anyway, he had to sell the place because of high taxes. He passed away last year from cancer. When he sold his business he split his wealth with his employees!!

 

[Dave2001]

Many area have passed laws to keep land taxes from bankrupting older landowners. Your taxes can only increase at a small rate, until you sell. Then they skyrocket for the new owners.

wish our area would do that, we have VERY corrupt polititions here!!!

 

[Dave2001]

Mostly when I'm talking about real-estate I'm referring to ranch land and/or timber lands where you can get an AG or timber exemption on your real estate taxes. Our ranch for example has a very high valuation, but our property taxes are way less than for a simple house in town.
I believe that any property should be large enough to provide some income and a way to be self sufficient.

I inherited a lot of old family land that has been in our family for ages that i am not going to be able to keep due to taxes,

 

[GeorgiaPeachie]

Arctic is right. If you can’t do timber exemption, look on line for what you can get an exemption for. It really isn’t that hard to do, at least in my state.

 

[Jayson]

wish our area would do that, we have VERY corrupt polititions here!!!

Corrupt-politicians is an oxymoron.

 

[DrJenner]

I inherited a lot of old family land that has been in our family for ages that i am not going to be able to keep due to taxes,

Can you get a homestead exemption?
I’m sure you probably looked into that already though. That’s just ridiculous, I’m sorry- thieving government.

 

[user 6208]

Now what? are you going to be like that religious nut job who forecast the end of the world then kept changing the date?

Exactly. Or like the predictors of "climate change" who have been predicting doom for 100 years.

 

[Helen Back]

Exactly. Or like the predictors of "climate change" who have been predicting doom for 100 years.

 

[Dave2001]

Can you get a homestead exemption?
I’m sure you probably looked into that already though. That’s just ridiculous, I’m sorry- thieving government.

Oh yes , have looked at every possibility, have original homeplace up for sale now,

 

[Mountain Dragon]

I don't know when, but i'm sure the next stock market crash will come. And i'm thinking it would be worse than 1929.
The people gone just incredible greedy about fast money. It seems to me like drug junkies who are running behind the next shot of big cash, unscrupulous, antisocial and going beyond the call of duty.
Before, the stock markt followed the tendences and facts of real life economy and situations, share prices of a company followed the (more or less) value and outlooks. In the last few years everything changed, so i think. If Musk poops the share are raising to the moon, if it was diarrhea the shares fall into a deep hole - no matter how good or bad an company works, just as an example.
I think every Las Vegas Casino playtable is closer to the reality than the stock market.
I won't be sure the "to-big-to-fail" policy will work for ever. The stock market is nothing else than an playground for greedy people to cheat and rob other peoples money. This won't work forever. As every construction of lies and betray this one will have an deep fall too, the landing will come without warning, hard and over night i bet.
Maybe i'm thinking in the wrong direction, but as ths day this overrated stock market falls our economy and society will die too.

 

[BillMasen]

Well Oct 4 has come and gone, and its now 8th Nov when the second collapse was promised to happen. This BS fear mongering and prophesing does our community great harm and gets preppers tarred with the same brush as the religious fruitcakes promising the tribulation or what ever its called. Please guys give calculated and concerned advice from your personal opinion, but stop THE SKY IS FALLING on XXXX date it does our reputation no good.

 

[DrJenner]

Well Oct 4 has come and gone, and its now 8th Nov when the second collapse was promised to happen. This BS fear mongering and prophesing does our community great harm and gets preppers tarred with the same brush as the religious fruitcakes promising the tribulation or what ever its called. Please guys give calculated and concerned advice from your personal opinion, but stop THE SKY IS FALLING on XXXX date it does our reputation no good.

I think some just want everything to crash and it’s hopeful thinking.
Why, I have no idea.

 

[Mountain trapper]

I think we'll survive Biden and the communist party. Sure, I'd rather see Biden laying in state rather than in the WH.
Other than the stock market or real estate, where else could we put our money and earn a return? Even when the stock prices drop, I still earn a good return on dividends. Far better than bonds, CD's, money market, or bank accounts.
If/when the market drops we'll all have great buying opportunities to look forward to. Even during the last great depression a lot of people came out it very well off. No matter what happens there are always ways of making money.