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re: Why hasn't the stock market completely crashed?

Posted on 4/3/20 at 12:03 pm to
Posted by CelticDog
Member since Apr 2015
42867 posts
Posted on 4/3/20 at 12:03 pm to
its a betting mechanism.

people are betting some sectors do better than ever.

muh toilet paper.

and some bet that ordinary times will restore well run companies to top of money pyramid.


Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 4/3/20 at 12:06 pm to
Some heavy hitters posting in here.
Posted by Bass Tiger
Member since Oct 2014
46310 posts
Posted on 4/3/20 at 12:13 pm to
quote:

its a betting mechanism. people are betting some sectors do better than ever. muh toilet paper. and some bet that ordinary times will restore well run companies to top of money pyramid.


Here's my thinking and why I'm still invested partially in equities. If you don't require your investments to make your monthly payments and you believe society isn't going to collapse you ride it out and wait for a recovery......if you depend on your investments to pay your bills.......???????
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