This market is still appreciating at this point but there will be a down turn in the immediate future when foreclosures from oilfield layoffs become relevent.

They're facing layoffs because a shocking number of these companies aren't profitable and rely on investors to stay afloat.

I recently was part of a 4th round layoff.

Have there been layoffs in the oil industries?

Robinhood offers free trades, I love that for my "play account" where I do stock picking.

There's lots of good information on this page: http://www.nolo.com/legal-encyclopedia/security-de...I would lay off for a bit now. 

Sorry to hear about your layoff.

Specifically, layoffs would need to happen, maybe the stock market tanks at least 20%, or interest rates a lot higher.  

I know the outcome of that scenario and it is the opposite of everything I want in life; it also comes with no security and little in the way of managing the risk of layoffs, bad bosses, etc. 

Given the fact that a mass layoff could even further add houses to the market driving prices down which adds risk, but I was wondering if anyone had attempted something like this before and would appreciate any advice or tips.