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Started By
Message
re: Stock market just fell off a cliff... -1,193.70
Posted on 2/27/20 at 4:51 pm to 4LSU2
Posted on 2/27/20 at 4:51 pm to 4LSU2
quote:
quote:
Get out while you can.
Buy while you can.
FIFY.
Started buying at 2:45PM today. Either this COVID-19 runs it’s course and we’re back to normal in a few months or this COVID-19 is the global pandemic mutating contagion we’ve all feared would occur someday. If that’s the case the least of your worries will be your money......you’ll be more concerned about isolating yourself in some remote wilderness.
3
Posted on 2/27/20 at 4:51 pm to deltaland
quote:
This is bad news for Trump in an election year if this continues. Whether or not it’s his fault (it’s not) he will shoulder the blame. It’s the economy, stupid.,..and the economy is tanking
Yeah, I'm sure Boinie the socialist bum has the cure for restoring an economy damaged by Wuhan virus.
Posted on 2/27/20 at 4:52 pm to CajunLiberal
quote:
You all act like Trump took over an economy that was in a complete ruin and waived his tiny orange triple a battery sized fingers over it and poof, everything was good. Try actually looking at the data you leptons.
It was the worst recovery post recession. Obama said the jobs were gone. Here we are, several years later, with great growth and record low unemployment.
I know you want to argue that less regs and taxes doesn't promote business... But you're a fricking retard so no one is going to listen to you.
Posted on 2/27/20 at 4:53 pm to back9Tiger
We were in a manufacturing recession in 2015 and 2016 but muh stock market
Posted on 2/27/20 at 4:53 pm to Bass Tiger
quote:
If that’s the case the least of your worries will be your money......you’ll be more concerned about isolating yourself in some remote wilderness.
This will be harder to do if I take all the cash I've been holding on the sidelines and go all in right now, though.
Posted on 2/27/20 at 4:56 pm to Bass Tiger
quote:
COVID-19 is the global pandemic mutating contagion we’ve all feared would occur someday. If that’s the case the least of your worries will be your money......you’ll be more concerned about isolating yourself in some remote wilderness.
Get a hold of yourself, it's a cold/bronchitis type virus not Ebola.
Posted on 2/27/20 at 4:58 pm to moneyg
Is this really bad news for IRA’s and 401K’s?
Posted on 2/27/20 at 4:58 pm to Paul Allen
quote:
Is this really bad news for IRA’s and 401K’s?
In the short term obviously
Posted on 2/27/20 at 5:00 pm to Powerman
Fortunately, most 401k people are buying thru the dip!!!
Posted on 2/27/20 at 5:05 pm to Powerman
Maybe not so bad for people that are repaying 401k loans
Posted on 2/27/20 at 5:06 pm to ShortyRob
quote:
Fortunately, most 401k people are buying thru the dip!!!
Right. 401Ks are obviously long term investment instruments. Might be a good time to increase your contributions even if only for a temporary basis if you can afford it.
Posted on 2/27/20 at 5:13 pm to deltaland
quote:
the economy is tanking
No it isn’t.
Posted on 2/27/20 at 5:27 pm to back9Tiger
I would like you to post data here that supports your claims the economy was “utterly stagnant”.
Posted on 2/27/20 at 5:31 pm to 91TIGER
quote:
Get a hold of yourself, it's a cold/bronchitis type virus not Ebola.
There was an interesting news blurb about the people who supposedly have recovered from the COVID-19 in China......14% of them are still testing positive for the virus just like someone who is still actively fighting the virus......is that normal? I wonder if they’re still contagious?
Posted on 2/27/20 at 5:37 pm to reo45
BUT I THOUGHT THIS WAS OBAMAS ECONOMY
This post was edited on 2/27/20 at 5:37 pm
Posted on 2/27/20 at 5:38 pm to Shunface
Stock brokers make big money on volatility... they love it... You will never win trying to time the market. Stick with a long-term strategy and you will be fine
Posted on 2/27/20 at 5:39 pm to Shunface
quote:
BUT I THOUGHT THIS WAS OBAMAS ECONOMY
All happening a week after he made a big stir attempting to "claim" the current economy. Hmmmmmmmm.
Posted on 2/27/20 at 5:44 pm to reo45
TRUMP's incompetence and his evil desire to kill us all with the Beer Virus is to blame.
Posted on 2/27/20 at 5:46 pm to Bass Tiger
Or you could preserve your gains, sell, use said money to stockpile what you will need in such a situation to live off for a certain while that you don't have and think of what would be worth trading in a scenario you present.
To say, "If I lose money, well what else could I do?" Is fricking retarded.
I have all I need for such a scenario already with ample gold and silver saved along with every necessity go be self sufficient. My worth isn't predicated upon money. I have money but it doesn't have me.
I own an 11 acre lake, 28 acres of land, i have a garden and my own well water.
The world won't end if the stock market collapses because of a virus dumb arse.
To say, "If I lose money, well what else could I do?" Is fricking retarded.
I have all I need for such a scenario already with ample gold and silver saved along with every necessity go be self sufficient. My worth isn't predicated upon money. I have money but it doesn't have me.
I own an 11 acre lake, 28 acres of land, i have a garden and my own well water.
The world won't end if the stock market collapses because of a virus dumb arse.
Posted on 2/27/20 at 5:49 pm to back9Tiger
He took over an economy that had a healthy unemployment rate and 1.5-2.5% growth. Unemployment under the president improved and the economy is still growing at 1.5-2.5%.
This post was edited on 2/27/20 at 5:52 pm
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