#2101
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Quote:
It's not always necessary to envision end times scenarios to be prepared. If everyone regularly covered themselves for a few days self sufficiency there'd be a heck of lot less panic around at times like these and i'd be able to buy toilet paper as usual. Last edited by BobbyJones; 03-16-2020 at 10:05 AM. |
#2103
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The Orange Don wanted record setting stock markets and by golly did he get his wish! Who else is tired of all this winning?!?!?
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#2104
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These moves are once in a life time kind of moves, happening 2 and 3 times a week. Nuts.
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And we have just one world, But we live in different ones |
#2105
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...
Last edited by Clean39T; 06-07-2020 at 10:26 PM. |
#2106
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Way back in this thread I predicted that we were way over due for some kind of calamity that would kill the stock market. People laughed. I thought it would be an earthquake, volcano, or hurricane hitting a major metro area.
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#2107
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Nothing irrational about it. What was irrational was the incredible run up in prices that preceded it. Reality is starting to set in. The stress of Covid-19 on the system revealed the rot.
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#2108
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if you had investments at the time, did you make any changes as a result of your prediction?
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#2109
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As the disclaimer says "Past performance does not guarantee future results"!
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#2110
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Quote:
__________________
And we have just one world, But we live in different ones |
#2111
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Quote:
Serious question (and feel free to PM me or ignore if it's too personal), how do you intend to fund your nest egg? For better or for worse, most of us are compelled to play this roulette. We can either barely see our returns cover inflation (buying of bonds) or we have to play equity roulette. Setting aside the points raised in the middle-class thread of how one could actually manage to save enough, but if someone who is not independently wealthy actually has the money to fund 401(k) and Roth IRA fully, how would s/he go about accruing enough by avoiding equities? Not all of us have the capacity or the acuity to pick stocks... Some of us, for instance, don't get to invest in high dividend stocks in our tax-advantaged accounts (I get a total of five options). Though granted, I do have a IOU from the Feds in the form of a pension (that may or may not be cut). |
#2112
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Curious what metric you use to get to 1800?
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#2113
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With
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#2114
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With shift to index/exchange trading the good gets tossed out with the bad. There is inherent value out there now based on some company fundamentals. Let the homework begin. Still too much volatility and need to wait for the C-19 economy to play out. If jobs slide there are going to be repos and foreclosures big time. That will open new avenues of opportunity - hope not, but that is the way the economy works.
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#2115
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If the Dow drops another 361 points (1.8%) we'll be back to where it was when Trump took office.
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Tags |
economy, freemoneyhouse, stonks, vertdoug for fed chair, wealth, yen carry trade |
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