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Lobby General Discussion topic #13343149

Subject: "RE: You have to KEEP YOUR JOB" Previous topic | Next topic
mista k5
Member since Feb 01st 2006
16412 posts
Thu Aug-15-19 10:03 AM

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13. "RE: You have to KEEP YOUR JOB"
In response to In response to 6


  

          

>>we all keep hearing its coming. what are some practical
>>things people should be doing incase it does happen??
>
>Whatever it takes you have to keep working.
>
>If you can do that then you'll come out fine unless you have a
>lot of money in the market.

knock on wood on that one. is there something people can do improve the chances that they will have a job through a recession?

>
>Pay off bills now.
>
>Save as much money as you can.

how do you do both? which is more important if you have to chose one? is all debt equal? is there some debt you should do everything possible to pay off while other type you pay the minimum or maybe even skip payments on in this scenario?


>
>If you have money in the market it might be a good time and
>put it in the least risky areas right now.

if you have money in the market, is it better to move it to less risky areas and take some hit instead of taking it out?

>
>Also, it'll feed the recession but don't buy a car or a house
>right now - those will get cheaper during the recession.

should you refinance either right now or wait for the recession?

>
>if you keep your assets up then you can buy stocks or real
>estate DURING the recession which will rebound after the
>recession ends.

i wonder how that will go this time around. i know a lot of people came up this way during the last one. it feels like this is common knowledge now so there may be more people looking to do this or the same amount of people buying up more this time around.

>
>We should have been in a recession already but the wall street
>idiots felt super sunny about Trump - now they realize he's
>fucked up and they are swinging equally the opposite way -
>like the manic-depressive scumbags they are at their core.
>
>

  

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how do we prepare for a recession? [View all] , mista k5, Wed Aug-14-19 04:03 PM
 
Subject Author Message Date ID
https://media1.giphy.com/media/3oxRmpE9qph8XroPFS/source.gif
Aug 14th 2019
1
LOL
Aug 14th 2019
3
yep...lol.... "Now is your chance, dad, don't you see?"
Aug 14th 2019
4
i cackled
Aug 14th 2019
5
lol not as many levels to it as your poast... but there's levels
Aug 15th 2019
19
Ha!
Aug 15th 2019
24
Get your paper up, and prepare to weather it out.
Aug 14th 2019
2
You have to KEEP YOUR JOB
Aug 14th 2019
6
yup propping up the economy with those corporate stock buybacks.
Aug 14th 2019
7
      RE: You have to KEEP YOUR JOB
Aug 15th 2019
17
democrats should be out yelling that 9 of the last 10 repub presidencies
Aug 14th 2019
8
Dogg the myth of fiscal conservatism may be the worst of all.
Aug 14th 2019
9
RE: democrats should be out yelling that 9 of the last 10 repub presiden...
Aug 15th 2019
10
spend $500 now on the Olive Garden never ending pasta pass
Aug 15th 2019
11
I just got a personal loan to consolidate some debt
Aug 15th 2019
12
i think i might do this
Aug 15th 2019
14
      You have to check the fees
Aug 15th 2019
15
           for sure
Aug 15th 2019
16
           Tip: Learn to read amortization schedules
Aug 15th 2019
18
                Word!!! I got a tip from Credit Karma to pay $30 before amortization
Aug 15th 2019
20
I’m considering moving in with my son...
Aug 15th 2019
21
Good luck
Aug 15th 2019
22
Good luck Trin.
Aug 15th 2019
23

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