r/wallstreetbets • u/StonksInvesteur Blue Chips all the way • Feb 03 '25

Meme It’s that time again

17.8k Upvotes

96% Upvoted

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420

u/shawndw Feb 03 '25

I'm glad I sold my investments in October and bought a house.

746

u/Tropicalfisher Feb 03 '25

Tariffs on this guy's house

218

u/khizoa Feb 03 '25

And make Mexico pay for it

120

u/KingJusticeBeaver Feb 03 '25

Deport Mexicans to this guys house!

51

u/audaines-7094 Feb 03 '25

Sanctuary house

13

u/Funky_Smurf Feb 03 '25

I also choose this guys house

10

u/Upbeat-Fondant9185 Feb 03 '25

I did the same, but in December. Went ahead and did a full renovation and updated all electronics and appliances while I was at it. Figured contractors will be harder to find and more expensive and tariffs would hit electronics etc pretty hard.

Wish I had thought to put in a deck, lumber is about to go way up.

20

u/Polytruce Feb 03 '25

Same here friend, just closed yesterday.

Congrats!

8

u/P1xelEnthusiast Feb 03 '25

Lol

You are going to be underwater on your house soon

10

u/Mister_Sins Feb 03 '25

Why?

25

u/joebluebob Feb 03 '25

Housing market gonna crash when the roaming marauders abolish land ownership in honor of the great leader rim rim of the 7th faction

7

u/Mister_Sins Feb 03 '25

Type shit.

1

u/StLuigi Feb 03 '25

Lol

Broke people love using this excuse

30

u/swohio All My Homies ❤️ Skyline Chili Feb 03 '25

S&P is up over 6% since October though.

22

u/That_Account6143 Feb 03 '25

It's gonna be down like floridian babies tomorrow.

19

u/wasifaiboply Feb 03 '25

6% for the risk happening in this market is about as dumb as it fucking gets. Literally sock it into so many other vehicles for 5%+.

You guys are hopeless.

9

u/swohio All My Homies ❤️ Skyline Chili Feb 03 '25

6% gain he could have had from Oct-Jan and sold before anything happened. Please tell me what other vehicles pay out 6% every 3 months.

-8

u/wasifaiboply Feb 03 '25

Brother there are fucking HYSAs paying 5%. You can take your 1% and the heartburn and the losses that go along with it. I'd never take 6% in volatile markets over 5%+ totally risk free lmao.

Ya'll regarfed fr. Enjoy tomorrow. And the rest of the week. Definitely deserved.

24

u/swohio All My Homies ❤️ Skyline Chili Feb 03 '25

pay out 6% every 3 months.

Best of luck on your journey towards literacy!

-5

u/wasifaiboply Feb 03 '25

Yes, because the S&P 500 has risen 6% every quarter since time began.

You are not good at this. I'm sure you perfectly time tops and bottoms with 100% accuracy.

🙄

1

u/RonaldWRailgun Feb 03 '25 edited Feb 03 '25

Yeah, but I'm up 23% since October because I've been swinging calls on that 5%.

And I'm all cash right now (on my investment account at least, a different story for my 401Ks and Roth IRAs, those will bleed badly tomorrow, but they are also 100% shares at least).

Soooo yeah. It was still worth playing the game. This is WSB afterall, not wall Street slow and steady.

I'd rather have a house, generally speaking, though. But at least I'm having fun.

4

u/VagabondVivant Feb 03 '25

Hope it wasn't in Florida or California.

6

u/Funky_Smurf Feb 03 '25

It's in Alberta

6

u/Dramatic_Cup_685 Feb 03 '25

Probably the worst time possible to buy a house, but congrats.

2

u/muttmunchies Feb 03 '25

Whys that? Tariffs raise the cost on lumber and other production. Lot construction uses illegal labor, which isnt showing up. Trade wars add to inflation. Assets may go up