Stocks

Johnpat · Feb 28, 2020

Who's buying stocks today???

4mulas · Feb 28, 2020

There will be buying opportunities. I don’t think the time is yet.

dadsbee · Feb 28, 2020

Just glad my sell off of 750 Sun Life shares went through last week and not this week!! I won one for once...

4mulas · Feb 28, 2020

dadsbee said:
Just glad my sell off of 750 Sun Life shares went through last week and not this week!! I won one for once...

I’d look at buying those back in a few more weeks. Then you’ll really win

VANDAN · Feb 28, 2020

It's been an ugly week, and I think it will get even worse. I don't think the Economy justifies the sell off, it's just fearful, foolish people...

440Coronet500 · Feb 28, 2020

Economy is strong, this panic definitely exposes our reliance on communist china! Politicians on both sides of the isle have been selling out the USA for a long time. It's time to make more products here in the USA so that we control or own destiny! We rely on china and India for a majority of our prescription and generic drugs. How smart is that? I understand business and how this works. But moving forward we need to seriously consider our exposure and reliance on a communist country! 440

Fran Blacker · Feb 28, 2020

Never put money in stocks. Just loosing like now, if can't stand the heat.... Guy in work lost 100k in 2009. His wife when he was down 25k told get out but noooo. It will come back but elections could screw it up.

slepr1 · Feb 28, 2020

The US banks are being propped up $120 billion DAILY with bailout money. The artificial bump in the stock market will collapse in a matter of time. If the government didn't step in last year the stock market would be much different today.

https://www.cnbc.com/2019/10/23/fed-repo-overnight-operations-level-to-increase-to-120-billion.html

YY1 · Feb 28, 2020

I made the most ever between 2008 and 2012.

GetX'd · Feb 28, 2020

This could go on for a while. I wouldn’t be buying just yet. Who knows where the bottom is on an event like this. Maybe a ways a way

4mulas · Feb 28, 2020

Fran Blacker said:
Never put money in stocks. Just loosing like now, if can't stand the heat.... Guy in work lost 100k in 2009. His wife when he was down 25k told get out but noooo. It will come back but elections could screw it up.

Had he left it in his 100k would have been 250k. You can’t get nervous and pull out low, you’ll not be inclined to put it back in. The market has always recovered and surpassed its previous highs. Always.

Hey-O · Feb 28, 2020

4mulas said:
Had he left it in his 100k would have been 250k. You can’t get nervous and pull out low, you’ll not be inclined to put it back in. The market has always recovered and surpassed its previous highs. Always.

Over nearly the last century, the stock market’s average annual return is about 10 percent. I can't predict the end of the world economy, I can say that I believe that this could be a money making opportunity, not now, but after it levels off and starts an up tick. It's not about the economy at this point, it's about the prediction of the viruses on the economy in coming weeks or months. I will put my money where my mouth is in the near future if things go as planned. I'm not God, I don't know how far this virus will go, but before it's over with, I will make money on it. Cost averaging and compound interest will come into play. Most importantly right now, don't panic. Just an opinion.

tlt23 · Feb 28, 2020

Cramer is saying monday will be worse. I'll be buying som shorts for apple and tesla because they can get products out, and buy some stocks mon tues, hopefully that is the low, if not when the bottom is finally found.

Johnpat · Feb 28, 2020

ETF stock, diversification

YY1 · Feb 28, 2020

vanilla

SteveSS · Feb 28, 2020

Is there anyone here I can ask a few basic questions about IRAs, not stock picks but other money/tax-related stuff?

cryplydog · Feb 28, 2020

I sold all my lifetime investments in October and put it into a cash acct. it really pissed off my manager for some reason but seemed unreasonable for me to stay in and weather what I thought was coming. So,,,, I guess now I will wait for it to bottom out and go again. With a new Manager!

Johnpat · Feb 28, 2020

SteveSS said:
Is there anyone here I can ask a few basic questions about IRAs, not stock picks but other money/tax-related stuff?

Like what??

Budnicks · Feb 28, 2020

The stock market & investments for US piss-ants
is to be in it for the long haul
(don't be stupid either)
don't sweat the day trader BS,
or the obvious fear driven or speculation
driving the ups & downs
it doesn't really effect the overall that much

this market shift in big $$$ market speculations
selling off or buying low

truth is this is the effects of globalism,
peoples fears from corona-virus
China not producing cheap **** for the market or Apple etc.
for a time, effects the global market
profits & speculation on the bottom line/profits (will be down)
especially on co.'s over dependence of products from China etc.

even some of the investors are driven by Political Pundits
pushing a bias agenda,
some is that the country & it's 47% is heading down the socialist path, fears

just like the market went ballistic (up pretty much ever since)
right after Trump was elected Nov. 2016 :usflag:

it's been up some 17%-20%, all time highs from then,
IT'S DOWN SOME, 5%-7%-ish right now, it's still up overall
it's bound to adjust some, in both direction
it always does

don't panic
don't get swept up in the BS
don't buy stocks or bonds that drops to cheap or junk status either
there's a reason why they're so cheap today
especially after an event like the past 2 weeks,
over dependency on cheap goods/cheap labor
from China or where ever
(they probably weren't good long term investments to begin with)
especially after something like what's happening now

you can blame the media in part too,
don't get swept up in it
don't get swept up in the BS/lies/spin/speculation either
they have an agenda of their own,
they also have huge $$$ investments of their own too
don't buy into or fall for it

don't buy high risk stocks or bonds,
especially if you are prone to panic, sell at any drop or down turn

Just do your due diligence, talk to an investment professional
not some dude on an open public access internet forum
with obvious bias or an agenda or even for their own profit
some (even on here)

:soapbox:

be smart with your $$$/investments

YY1 · Feb 28, 2020

You disagree on when I made money?

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