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OceanTiger1
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| Number of Posts: | 214 |
| Registered on: | 1/31/2020 |
| Online Status: | Not Online |
Recent Posts
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re: Should gyms charge for membership while closed?
Posted by OceanTiger1 on 3/20/20 at 8:09 am to TypoKnig
I attend an OTF gym that has closed and they have frozen all accounts.
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re: It just got real for me
Posted by OceanTiger1 on 3/17/20 at 7:52 am to FLBooGoTigs1
I'm sorry to hear that. The reality of all our situations is starting to sink in.
My oldest niece is set to graduate from high school in May. I'm traveling from Florida up to Indiana for it. I have a bad feeling now that they will either cancel the graduation ceremony entirely or just allow immediate family (parents, siblings). I hate it for her and all the kids in HS and College that are set to graduate. Their Senior years are ruined forever. :(
Hopefully I'm wrong but I'm guessing I won't be traveling to Indiana in May like I thought I would.
My oldest niece is set to graduate from high school in May. I'm traveling from Florida up to Indiana for it. I have a bad feeling now that they will either cancel the graduation ceremony entirely or just allow immediate family (parents, siblings). I hate it for her and all the kids in HS and College that are set to graduate. Their Senior years are ruined forever. :(
Hopefully I'm wrong but I'm guessing I won't be traveling to Indiana in May like I thought I would.
re: Entering The Market With $2,000. What to do?
Posted by OceanTiger1 on 3/16/20 at 9:03 am to Mr Perfect
quote:
WAIT A MONTH DUDE please do not listen to the dollar cost avg jokesters. they're going broke right before our very eyes
if you need further advice ask @upperdecker
Yes with the CDC essentially wanting to shut down the U.S. economy for 8 weeks I think it'll be awhile before we see the bottom.
What companies are you keeping a close eye on? What trading platform/brokerage company do you recommend using?
re: Entering The Market With $2,000. What to do?
Posted by OceanTiger1 on 3/16/20 at 8:57 am to KamaCausey_LSU
quote:
Dollar cost average? A safer thing to do putting a portion in every week. Lower your cost basis if it keeps going down, and you won't completely miss the recovery spike.
I agree. What stocks do you think I should be looking at? I'm guessing a lot of consumer staple companies?
re: Entering The Market With $2,000. What to do?
Posted by OceanTiger1 on 3/16/20 at 8:47 am to castorinho
quote:
Unless you get a damn good discount, I'd carefully examine this. You're already plenty invested in your company (that's your source of income), so I'd want to diversify. Just something to think about.
Right now yes I'm getting a very good discount on the stock.
As part of my 401k my only options are company stock, passive index funds, actively managed funs, retirement date blended funds and cash.
I work for a large company that has taken a big hit and I'm confident it'll get back up to its former price by the end of the year assuming all this virus stuff is contained by the summer. The way I look at it I'm getting in at a significant discount and building a long term position.
re: Entering The Market With $2,000. What to do?
Posted by OceanTiger1 on 3/16/20 at 8:45 am to FLObserver
Oh I'm not entering right now, but I'm trying to prepare now. Once we get to what seems like a bottom what would be some good strategies?
Also, my 401k is with Fidelity. What brokerage company/trading platforms would you all recommend using?
Also, my 401k is with Fidelity. What brokerage company/trading platforms would you all recommend using?
Entering The Market With $2,000. What to do?
Posted by OceanTiger1 on 3/16/20 at 8:41 am
So this is independent of my 401k (which was at $55,000 and has dropped $10,000 this year to $45,000).
About half my 401k was in cash so I'm waiting to buy stock in my company as well as various Retirement Date Funds and Index Funds.
But besides my 401k I have $2,000 in cash that I could probably use in the market right now. I've been waiting for a market correction to finally hit. I know I couldn't use $2,000 to buy very expensive stocks but what would you do? What lower priced stocks would you look at?
About half my 401k was in cash so I'm waiting to buy stock in my company as well as various Retirement Date Funds and Index Funds.
But besides my 401k I have $2,000 in cash that I could probably use in the market right now. I've been waiting for a market correction to finally hit. I know I couldn't use $2,000 to buy very expensive stocks but what would you do? What lower priced stocks would you look at?
re: You think supermarkets are bad now
Posted by OceanTiger1 on 3/15/20 at 8:55 am to RockChalkTiger
quote:
Wait, the Democrats are running the country? Then why is Trump still President?
Honestly, I think some of you people failed Civics in high school!
They do run Congress last time I checked and Congress controls the purse strings. Plus they have Governors and Mayors in various areas that can help collapse their local economy. Never mind businessmen like Mike Bloomberg who have friends in high places. I don't doubt at all that some of them would be willing to temporarily lose a couple hundred million dollars or more temporarily to get Trump out of office.
A political party doesn't have to be in control of the Executive Branch to be able to crash the economy. They just have to have the right people in the right places.
re: You think supermarkets are bad now
Posted by OceanTiger1 on 3/15/20 at 8:50 am to hobotiger
quote:
It's already happening in some places. Restaurants can do delivery only and bars are shut down.
Hence why everyone else was busy buying stupid toilet paper I was getting beer, rum, wine and hurricane mix. I figured this was coming. If I'm going to be stuck inside I'm having alcohol, lol.
re: You think supermarkets are bad now
Posted by OceanTiger1 on 3/15/20 at 8:46 am to Brazos
quote:
I agree with everything you said but how in the frick would they enforce martial law ? They don’t have the man power to do it
All police officers on constant duty. Activation of the national guard. They don't have to have someone on every street, mostly just at the certain points, especially around interstates.
Perhaps even an exemption allowing active duty military to perform police functions.
Automatic jail time for anyone who breaks martial law. State borders shut down. They could even use drones for aerial support. The scary thing is I don't think it would be as hard as you think.
re: UK decides "herd immunity" the way to go...
Posted by OceanTiger1 on 3/15/20 at 8:44 am to MaxDraft
Sadly I think this is the better way to do it. Medical experts are saying we're all going to get it at some point. Just have us all get it and that way we get it out of our system sooner and our system becomes immune.
The social isolation they want us to do is not going to stop this virus at all. It's just going to string the whole thing out and shut down our economy even longer. Even though I'm asthmatic part of me wants the virus just to get it over with.
The social isolation they want us to do is not going to stop this virus at all. It's just going to string the whole thing out and shut down our economy even longer. Even though I'm asthmatic part of me wants the virus just to get it over with.
re: You think supermarkets are bad now
Posted by OceanTiger1 on 3/15/20 at 8:42 am to PhiTiger1764
quote:
It would be absolutely ridiculous to close restaurants for a number of reasons.
Then again, one week ago, I would have told you shutting down and cancelling everything would be ridiculous.
I wouldn't doubt it but as another poster said I think they'll go to carryout and delivery only first.
re: You think supermarkets are bad now
Posted by OceanTiger1 on 3/15/20 at 8:35 am to SippyCup
quote:
You mean an order to collapse the economy?
You do realize that there's a large part of our government that would love to do this right? I'm not saying Democrats created the Coronavirus, but they sure are taking advantage of it. They look at this as their way to get Trump out of office so they are doing everything they can to collapse the economy.
Even if you don't believe that, would it really shock you? No one is thinking straight right now. Everyone is panicking and making decisions completely on emotion. And that's especially true for both the federal government and governments at the state and local level.
At this point I absolutely think martial law is coming. Maybe not from the President and Federal Government but I could easily see various state and local governments doing it. People like LaToya Cantrell are having a field day right now knowing they have complete and unchallenged control.
re: First time going to the dentist in 9 years
Posted by OceanTiger1 on 3/11/20 at 9:32 pm to Walt OReilly
quote:
Been dipping for 16-17 years.
Have an appt tomorrow and I’m a bit nervous. I have some gum erosion...is there a way to fix that?
Is the teeth whitener dentist sell that much better than what you can buy online?
Gum graft surgery for the gum erosion. I actually had the same thing myself about 6 years ago. Significant gum erosion over one tooth. Procedure was easy, took about an hour. Some pain the rest of the day but nothing like when I got my wisdom teeth removed. You should be able to go to work the next day.
re: New Orleans trip in 2 weeks?
Posted by OceanTiger1 on 3/11/20 at 9:29 pm to OceanTiger1
quote:
I don’t think interstate travel will be enforced because it’d take far too many resources and frankly it’s just a bit crazy. I am preparing to drive the 16 hours it takes to get from Orlando to Houston in the next couple days, whenever they shut down Disney and cancel my flights.
It’s going to suck.
Not related but I actually live in Orlando and work at Disney. I'm hoping they won't close Disney but at this point I think it's almost inevitable. Seems like they are trying to have the whole country shut down for 2 weeks.
What worries me is what will happen pay wise. Will I get paid or just get screwed over? Of course many of us will have that same question.
re: New Orleans trip in 2 weeks?
Posted by OceanTiger1 on 3/11/20 at 9:27 pm to ellishughtiger
quote:
Just stay home
Easy to stay but this friend has connections. She thinks she can either get us a significantly discounted rate at the Bourbon Orleans or a free concierge level room at the Four Points by Sheraton off Bourbon Street. Both well above what I would typically pay for a hotel. It's taken us 6 months to coordinate a long weekend where we could go.
Obviously I might not be the one deciding, I'll have to see if she wants to risk it or not. Part of me is pretty much "f*ck it, let's go".
New Orleans trip in 2 weeks?
Posted by OceanTiger1 on 3/11/20 at 9:20 pm
Supposed to be taking a friend of mine (who hasn't been to NOLA in 25 years and really doesn't remember it due to all the drinking, lol) to NOLA for a 3 night weekend trip in 2 weeks.
Obviously I'm not nearly as concerned as I would be if it was a trip to Europe or elsewhere out of the country. I have a trip planned for Costa Rica in May but that's another thread. After what President Trump just did with the Europe travel ban I am starting to get nervous.
I don't have a wife or kids so I don't have that to worry about. At this point we are driving from Florida which is looking like a smarter and smarter decision. With that said, is there any realistic chance that interstate travel is banned?
What would you do?
Obviously I'm not nearly as concerned as I would be if it was a trip to Europe or elsewhere out of the country. I have a trip planned for Costa Rica in May but that's another thread. After what President Trump just did with the Europe travel ban I am starting to get nervous.
I don't have a wife or kids so I don't have that to worry about. At this point we are driving from Florida which is looking like a smarter and smarter decision. With that said, is there any realistic chance that interstate travel is banned?
What would you do?
re: Runnels School Closing - Not Just High School
Posted by OceanTiger1 on 3/8/20 at 10:04 pm to RougeDawg
quote:
Good Lord. It takes the tax dollars of MANY people to educate a functional democratic republic. I also pay taxes on roads I never drive on.
But you might at some point. Even if you do never use that road it takes traffic off a road you do use, so you still benefit from it. On the other hand I have no intention on having children and therefore I will never at any point use a public school.
re: Cruise Lines Still Discriminating Against Single People (Coronavirus Related)
Posted by OceanTiger1 on 3/8/20 at 10:02 pm to RosyFinchBOYZ
quote:
Not going to lie, before I read the thread and saw Disney I thought it was going to be a policy that single adults couldn’t go on a Disney cruise to keep the pedos away.
It wouldn't shock me if they have the single policy to keep pedos away. Plenty of married pedos out there. It's a terrible policy.
re: Cruise Lines Still Discriminating Against Single People (Coronavirus Related)
Posted by OceanTiger1 on 3/8/20 at 10:02 pm to cable
quote:
It does in your case
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