Watch out for Financial Crash next month.

Aug 11, 2013, 9:29 AM

This is not meant to be a polictical discussion. But I think the looming "threats" of a government shutdown come Oct. 1, will spook the stock market. Another year of fiscal uncertainty should be a bubble buster for stocks, finance and the economy in general.

I myself have suspended 401K contributions until mid October (other than the minimum to keep employer match contributions continuing). The good news is it should be great for us strip club connoisseur! The clubs will be the only thing I'm willing to spend money when the downturn happens. Did it in 2000 and 2009.

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Dougster12 years ago

I think it will dip in the middle of this month, and then continue the rally as big money gets back from vacation. If I am wrong, and it just continues going up - I agree be cautious in September. Nice gains this year already, won't blame anyone for booking profits.

SlickSpic12 years ago

I think the "looming" threats of Mexican ghetto hoe ass dancers shaking their booty's to hip-hop in South Texas strip clubs on October 1 are going to spook the stock market.

jackslash12 years ago

I think the economy will act like a stripper's head and bob up and down.

sinclair12 years ago

I think a government shutdown would be a good thing for this country. Spending is out of control. The shutdown would likely just affect the "non-essential" government employees. Military, food inspectors, etc would still go to work October 1st. I may trim down my stock portfolio a bit before then.

Dacandyman12 years ago

txtittyfag ur normally kinda mean and i dont like fag as an insult cause a lotta gay ppl are rly cool but i have to say that was rly funny. LOL

u do know that muslims dont eat pork. i figured that was part of the joke but a lot of ppl in america are ignorent about islam. i dont like most religions cause i think ppl should be nice to each othr without thinkin bout god. but I dont like any religions much and dont have anything against individual muslems or christians or whatever. as long as the dont tell me not to see strippers or watch porno or eat candy im ok with them

peace. no h8

ilbbaicnl12 years ago

If you think the US government is going to shut down, then the US currency you are holding, rather than buy stocks, will become worthless.

Buy bullets and cans of spam.

23cambyman12 years ago

^LOL let candyboy have it txtittyfag!! I am thinking he might be the zipperturd guy myself

nickifree12 years ago

Never said I believed a shutdown was imminent, just that the empty threat of one negatively impact the stock market. It's a bubble buster that's all. Just like Judge Penfield Jackson's ruling against Microsoft in 2000 caused the technology bubble bust of that and preceding years.

The stock market has accelerated too fast the past couple of years. All you need is an external event to bring it back down real fast.

Dougster12 years ago

I'm probably being overly cautious, but I moved everything into cash this morning. Even my 401k. Even out on RICK out of an overabundance of caution.

I think next will be the biggest for the market this year. Hopefully everything is good, but I ain't taking any chances.