Skip to comments.The superrich are selling stocks, buying properties and keeping cash ready
Posted on 08/05/2019 8:38:06 AM PDT by aMorePerfectUnion
The superrich blueprint to navigating this hairy stock market: Tap the brakes and get ready to pounce when it all goes to hell.
And by the looks of Mondays action, hell might not be too far away.
In the first quarter, Tiger 21, a coalition of 750 members worth in excess of $75 billion, raised cash to levels not seen since 2013. Not much changed in the second quarter in terms of keeping powder dry. The groups holding 12% in cash.
What has changed, however, is that these deep-pocketed investors, in the call of the day, are continuing to move away from equities and build up their positions in real estate. As Tiger 21 President Michael Sonnenfeldt previously told MarketWatch, the stock market is priced to perfection and rising economic inequality leading to greater polarization in America and elsewhere.
(Excerpt) Read more at marketwatch.com ...
I see traitor Drudge has linked to this.
Looks like my allocations, but I’m not super-rich. 12% cash and 28% real estate doesn’t seem very dramatic, to me, in any case.
Woe to those who spend their lives concerned about wealth
Any man beset by greed is hounded by demons
Still 45% equities. They don’t seem that afraid of the market.
In our life, real estate has been the only really safe investment. With the exception of our IRAs, we do not invest in the stock market because it’s become a lottery for the wealthy, where the small investor just gives his hard-earned money to the rich a$$holes at the top. The stock market is no longer a place where the average joe can participate in financing business, but rather a place where the a$$holes at the top have managed to install all sorts of “financial instruments” designed to turn that market into a criminal enterprise. Over 18 years, we’ve managed to turn a $500,000 initial investment into RE holdings amounting to just under $7 million. The RE market is much more stable than the Stock Market, and those same a$$holes can’t rig it like they have done with the Stock Market. Also, with RE, you are not as “naked” tax wise as you are with other investments.
i expect the deep state to try and crash the market just before the election (as, per the 2008 election, which gave us O).
...I think most people would already consider $7million "wealthy"...
The “WOOO-WOOO” choo choo train! From those who WANT a crash— who want devaluation so their hedge funds can cash-in.
From lying a@@holes with large dollar investment in the hedges who need cash.
Right— take each part of this contrived headline, and tear it apart from reality of 157 million more EMPLOYED people, making and doing things and paying their “little” bills so the bigger people can pay theirs... ie. how a WORKING economy works. Not the grim disaster that Obamaumao told us was “the NEW REALITY” Settle for it.
Cause... “it’s gonna crash”... See: Sine wave, normal distributions, and any number of real mathematical models constructed from a freed up market NOT run by socialist a@@holes the globalist bankers and “hedgers” and frankly WAR MONGERS of the mil-industrial world complex.
In our life, real estate has been the only really safe investment.
The problem with real estate as an investment is you have to maintain it, insure it and pay taxes on it every year.
It’s not too bad if it’s your homestead because it’s better than paying rent and there are some capital gains tax advantages.
Attention superich...I have some property for sale.
Once these tariffs kick in it will really stimulate the US economy, huge upside. /s
It’s a ploy to get people to divest their stock holdings so that the economy will take a downturn for their own financial gains, while also ruining the strong economy created by President Trump. Pay no attention to this and keep investing is my recommendation.
Weird. This is exactly what my wife have been doing ever since we moved to KY.
Still 45% equities. They dont seem that afraid of the market....
And 28% real estate. If market goes south does anyone think real estate goes north. Look at RE values in 2009 compsred to now. This story is an attempt to hike fear. Maybe orchestrated by those who want to short the market and then comeback for bargains.
You got that right!
My mistake was not doing the real estate investment thing earlier.
That’s why we bought our new house when we did.
I told mr. mm I wanted to do it while our money had enough value to do so.
He sees an economic collapse on its way as well so did not disagree.
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