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re: Everyone seems to be talking about a recession.
Posted on 8/15/19 at 3:11 am to Ham Solo
Posted on 8/15/19 at 3:11 am to Ham Solo
quote:
Everyone seems to be talking about a recession.
Only idiots with an agenda
If a 3% loss in the Dow makes you clutch your pearls then the stock market is not the game for you.
As too your question just pick your favorite dividend paying large cap and hold it, I like utilities when they are down and DUK may look good if it drops a bit more.
3
Posted on 8/15/19 at 3:37 am to cave canem
quote:
I like utilities when they are down and DUK may look good if it drops a bit more.
If you can, break this down to me in layman terms. My wife and I have gone from 50k to 500k in a couple years thanks to promotions and bonuses. It's currently doing little for us, mostly from paralysis by analysis. Too many options and not enough knowledge.
I live in Bentonville Ar, which is one of the hottest real estate markets in the country. People say it's about 15 years behind Austin Texas. I feel like this is worth mentioning for people here to give proper advice.
ETA
Only debt is 120k left on our house. Pay off or not? Sorry if these are stupid questions, but it just kind of escalated quicker than I prepared for it.
This post was edited on 8/15/19 at 3:45 am
Posted on 8/15/19 at 7:41 am to cave canem
quote:
If a 3% loss in the Dow makes you clutch your pearls then the stock market is not the game for you.
While this is true, there are other indicators economists are pointing to that are sounding the alarm. The stock market is mostly reacting to those indicators and warnings.
Posted on 8/15/19 at 10:44 am to cave canem
quote:
Only idiots with an agenda
I wouldn't be so sure. I had dinner with some hedge fund managers in DC and they are betting bigly against the economy.
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