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re: Stock market just fell off a cliff... -1,193.70
Posted on 2/27/20 at 3:13 pm to Henry Jones Jr
Posted on 2/27/20 at 3:13 pm to Henry Jones Jr
Why? Those who are older can't handle the losses.
You do understand how money works right? How they prop the markets? You do realize that there is no more ammo the Fed can provide for the long term, correct?
They are already doing all they can. Lowered interest rates in a supposed booming economy? Who the frick does That? Using repo markets to provide liquidity and don't call it QE? They did it for months.
Get real
You do understand how money works right? How they prop the markets? You do realize that there is no more ammo the Fed can provide for the long term, correct?
They are already doing all they can. Lowered interest rates in a supposed booming economy? Who the frick does That? Using repo markets to provide liquidity and don't call it QE? They did it for months.
Get real
This post was edited on 2/27/20 at 3:16 pm
7
Posted on 2/27/20 at 3:15 pm to reo45
quote:If they couldn't handle the losses now then they should have been out way before this. You're in it now. Your best bet is to try and wait it out instead of losing your arse. This will blow over like it always does.
Why? Those who are older can't handle the losses.
Unless you are 70 years old and are retiring next month, wait it out
Posted on 2/27/20 at 3:15 pm to reo45
How much money are you taking out of the market?
Posted on 2/27/20 at 3:17 pm to reo45
quote:
Why? Those who are older can't handle the losses.
Those who are older didn’t get in recently so these loses are only knocking them back to where they were a few months ago. Which was a good place.
Posted on 2/27/20 at 3:30 pm to reo45
quote:
You do understand how money works right?
Thanks Obama.
Posted on 2/27/20 at 3:36 pm to reo45
quote:
Why? Those who are older can't handle the losses.
If they're older to the point of being significantly harmed by a drop like this then their money was in the wrong places.
Posted on 2/27/20 at 3:45 pm to reo45
How much money do you have in the market, and how much are you/have you taken out?
Posted on 3/12/20 at 12:27 pm to reo45
quote:
Those who are older can't handle the losses.
That's why they shouldn't be in stocks in the first place. It's the best return in the long run. It's highly volatile in the short run.
Older people should have cashed out last year - it was the third straight year of double digit gains. That never lasts because some BS is going to happen.
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