Anyone Nervous?

Discussion in 'Economics & Trade' started by Thought Criminal, Jan 2, 2020.

?

Anyone Nervous?

  1. Yes

    3 vote(s)
    60.0%
  2. No

    2 vote(s)
    40.0%
  1. Thought Criminal

    Thought Criminal Well-Known Member Donor

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    Pretty much all investment markets have been on a tear lately.

    Are you selling because of fear of a crash?

    Are you selling to lock in gains?

    Are you selling to reduce risk?

    Are you standing pat to ride the wave?

    Are you buying in order to ride the trend?

    Are you buying to avoid missing out?

    Are you buying in order to catch up?

    Are you in for the long term and so aren't paying much attention?

    Are you out completely?

    ------------------------------------------------------

    I'm recently retired. I've done OK wih my strategy. It's basically to be enthusiastic when the markets are down, and panic when the markets are up. I'm panicking.
     
    Last edited: Jan 2, 2020
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  2. Reiver

    Reiver Well-Known Member

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    Given US inequalities and corruption, you should always be nervous. On the bright side there's always a war to sell some arms company stocks...
     
  3. Capt Nice

    Capt Nice Well-Known Member

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    I'm in for the long term and riding the wave.
     
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  4. modernpaladin

    modernpaladin Well-Known Member Donor

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    Im out completely. But I was never in. My house is my only real investment. I'm in the market for gold and land, though I plan to use both.
     
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  5. Collateral Damage

    Collateral Damage Well-Known Member

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    Got out a loooong time ago. Better things to do with the money on better turn around liquidity, without the angst.
     
  6. Reiver

    Reiver Well-Known Member

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    Home ownership is indeed a big thing for countries with high poverty risk! Its also associated with a higher risk of mental illness unfortunately...
     
  7. roorooroo

    roorooroo Well-Known Member Donor

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    Nervous as hell but haven't gotten out yet...
     
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  8. modernpaladin

    modernpaladin Well-Known Member Donor

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    What do you mean by 'big thing'? As a good hedge against?

    I'd like to see what you got regarding mental illness and home ownership. Anecdotally, of the crazier ppl I know, they do tend to want to own a home more than 'saner' folks, but they seem much less likely to achieve it...

    From what little I've read on the issue, home ownership associates with better mental health, though only as it engenders a greater perception of control over ones immediate environment, and only associates with decreased mental health when the economy turns down and folks have trouble keeping up with the mortgage.

    But like I said, I've only looked into it a little.
     
    Last edited: Jan 3, 2020
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  9. vman12

    vman12 Well-Known Member Past Donor

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    I'd love to hear more about this.
     
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  10. Reiver

    Reiver Well-Known Member

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    Yep. Countries with higher poverty risk tend to have higher home ownership

    I'll have to dig it out. Fits into two categories. First, there is an indirect effect. See, for example, the labour economists that have linked home ownership with higher unemployment (which then leads to health problems). Then there is the direct effect. It comes down to the demands on trying to maintain the quality of the housing stock.
     
  11. Collateral Damage

    Collateral Damage Well-Known Member

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    Watch for it. I'm sure it's bound to be... entertaining.
     
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  12. vman12

    vman12 Well-Known Member Past Donor

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    Did you also know that as ice cream sales increase murder rate increases.
     
  13. Reiver

    Reiver Well-Known Member

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    I'm not interested in right wing obsession with the spurious dear chap!
     
  14. Reiver

    Reiver Well-Known Member

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    Crikey, that's weak! Show some spirit
     
  15. vman12

    vman12 Well-Known Member Past Donor

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    Yeah I just read it.

    Basically they're claiming that if you own a house you can't move to where the jobs are.

    The follow-on studies tell the real story: pushes by the government to get people into homes leads them to get mortgages they can't afford which leads to all kinds of problems to include becoming unemployed.

    In other words....people get in over their heads in debt thanks to being dumb and listening to the government.

    I'd assume based on the same methodology getting a college degree leads to higher unemployment and mental illness for the same reasons.

    That explains Gender Study majors for sure.
     
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  16. vman12

    vman12 Well-Known Member Past Donor

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    Yeah you know how it'll go for you.
     
  17. Reiver

    Reiver Well-Known Member

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    Yep, I'll refer to evidence and you'll just grunt (with your right wing chums weakly cheering). Let's start the ball rolling. Here's a randomly chosen study linking mortgage debt and health:

    https://doi.org/10.1111/1467-9566.00127

    Get pretending to critique!
     
  18. vman12

    vman12 Well-Known Member Past Donor

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    Yes I've already read the studies by Oswald and Blanchflower.

    The presumption is that home ownership equates to longer commutes and less job opportunities.

    That makes total sense. Everyone knows that once you buy a house you can never sell it and move.
     
  19. Reiver

    Reiver Well-Known Member

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    That's a pathetic reply, given you shouldn't be replying to anything to do with Oswald (who focuses on unemployment). Try again, with a little more honesty!
     
    Last edited: Jan 3, 2020
  20. Reiver

    Reiver Well-Known Member

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    You're right! vman12's very entertaining. Sorry for getting your comment wrong.
     
  21. vman12

    vman12 Well-Known Member Past Donor

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    I've got a great title for your next study:

    The Benefits of Sharecropping and Serfdom: How it Reduces Unemployment
     
  22. vman12

    vman12 Well-Known Member Past Donor

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    Says the "honesty" of people who engage in editing people's responses.

    Oswald wrote the original article in 1996 that initiated all additional studies. Maybe you should try again. Be honest this time.

    https://ideas.repec.org/p/wrk/warwec/475.html
     
  23. Reiver

    Reiver Well-Known Member

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    Perhaps wait for an evening class in wit before going for a title? My comment into the impact of mortgage costs was bleedin obvious (e.g. https://jech.bmj.com/content/63/11/949.short). The real question is why you didn't see it and whether this is the reason big business finds it so easy to manipulate you lot?
     
  24. Reiver

    Reiver Well-Known Member

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    I can't edit your posts. What an utterly stupid comment. You just were lazy and didn't read the article that I posted, failing at the first hurdle. Then again, I doubt you've read much research so congrats on being consistent
     
    Last edited: Jan 3, 2020
  25. vman12

    vman12 Well-Known Member Past Donor

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    Are you saying that sharecroppers and serfs have low unemployment rates?

    That doesn't sound right.

    If only people could choose to buy houses with lower mortgage costs. Maybe some day.

    You should read your own study.

    It doesn't say home ownership causes increased rates of mental illness.
     
    Last edited: Jan 3, 2020

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