I had this kind of concern when I sold Nvidia this year.

I had this kind of concern when I sold Nvidia this year.

1) Should I buy a house that's available right now from my budget?
2) Don't be too impatient, let's save up a few more years and buy slowly?

However, I've experienced that it's easy to buy, but it's not easy to sell, so I'm concluding that it's right to just collect more and go to where I want to go (to be precise, where I won't regret it).

There is certainly a big gap between people in their 20s and 30s and 40s and 60s, and many people seem to think that there is no need to be in a hurry given the current economic situation and various indicators. If you think carefully, half of the intention to buy a house is voluntary or unintentional. 🤔

I don't know if it's a rise or a fall, but I don't need to be in a hurry. It's purely for personal reasons, but I want to be more financially prepared. I don't want to fill up my LTV or get more than 1 billion won in loans when I buy a house. I hope my mortgage doesn't exceed 700 million won. Since I already have too many loans. lol

With more than 2 billion sales, a 1 billion to 1.5 billion won house in major areas of Seoul now looks cheap. It's not cheap...-NVIDIA's stock price crash and "BUFFETT INDICATOR" analysis-

On April 20, 2024 (Reuters) - Shares of AI chip leader "NVIDIA" plunged 10% to close at USD762 on the New York Stock Exchange.

The market value evaporated in one day is "$215 billion (approximately KRW 296 trillion),

This amount is more than twice the market capitalization of SK Hynix, which flew overnight.

Also, as of this time of April 21, 2024, NVIDIA's stock price is
At USD759, it is falling "-0.31%" from the previous day.

In response, I posted on July 4, 2023, "If you look at the "Buffett Indicator," the U.S. stock market will collapse soon," and mentioned that the current U.S. stock market is just before the Great Depression in 1929.

So today, I'm going to analyze the "bubble of the U.S. stock market," which is viewed as the "Buffett Indicator."

The Buffett Index was created in 2001 by investment guru Warren Buffett, which is a criterion for judging whether the U.S. stock market is overvalued or undervalued.

The Buffett Index refers to "a country's total market cap (TMC) divided by GDP."

In other words, it can be expressed in the following way.

It can be expressed as "R(Buffit Index) = Market cap/GDP",

"R<50%", "Significantly Undervalued",

"50%<R<75%", "Modestly Undervalued",

If "75%<R<90%", "Fair Valued",

"90%<R<115%", "Modestly Overvalued",

If "115%<R", it is "Significantly Overvalued".

In other words, the basis of the Buffett index can be classified into undervalued and overvalued depending on how much a country's GDP is.

In addition, the most desirable is "market total = GDP", which is the "appropriate price" without bubbles in the stock market's stock price.

So, what was the most recent data, "Total Market Cap (TMC)/GDP" in the United States on April 19, 2024 (local time)???

"180.46%" (see attachment), shares of U.S. stocks are "significantly overvalued."

In addition, this figure is much higher than BUFFETT INDICATOR, "136.50%" when dot-com collapsed in 2000.

In other words, if the Buffett index is "115%<R", it is "Significantly Overvalued", and the current US stock market is in a "Hyper Overvalued" state with "R=180.46%".

In a nutshell, the stock price of all U.S. stocks has almost a "huge bubble," and it can be said that "the U.S. stock price should be less than halved in the future" and "the appropriate stock price."

So what's causing this bubble in U.S. stock prices?

First, the failure of the Fed's monetary policy provided astronomical liquidity, and the second is the recent "AI bubble."

In short, the current U.S. stock market is a "stock price bubble" such as "asset bubble due to liquidity bubble" and "artificial intelligence bubble".

On top of that, the recent negative view of the Fed's base rate cut and the geopolitical crisis between Israel and Iran are driving the stock price crash.