There are certain stocks which if timed right will 10x your net worth in the space of a year. However 90% of people aren't buying those stocks.
A realist. I personally can't wait for the recession it's the easiest time to make money in the markets. Short on the way down and long on the way back up.buzyg wrote: ↑Fri Aug 12, 2022 4:57 pmGot to love an optimist.SonnyA85 wrote: ↑Fri Aug 12, 2022 12:53 pmPrice of petrol is just one part of the calculation.Rockhopper wrote: ↑Fri Aug 12, 2022 7:52 am If you spot a car enter it’s details into WBAC then add£1000-£1500 to the price and you’ll get a realistic idea of it’s true value. WBAC closely track what the market is doing so their prices tend to be very accurate.
I think the price of petrol is what’s killing used Z4 values at the moment. I bought mine after the first lockdown when petrol was £1.06 a litre. I hardly drive it these days….
Interest rate rises (a lot of people have overextended on mortgages). Gas and Leccy increases. Inflation. Impending recession. Smaller amounts of disposable income.
There is a lot of factors affecting the price of them and will do so for a long time to come. If I was looking to sell I would do so immediately because things are going to get significantly worse and will be bad for a long time. The impending stock market collapse is going to be one which is four fold of that in 2008. Nobody will have seen a recession like this before.
If you are looking to buy wait a year or two and you will be able to trade a mars bar for one (hyperbole for those that need it pointed out).