Investing General Discussion
- Thread starter Furious
- Start date
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
SeanDoe1z1
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TJT
Mr. Poopybutthole
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fris
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this time of year, i always fund my roth, and buy fidelity's vtsax alternative. this year it's going in, but not gonna buy until those recovered begins to out pace those infected.
while i considered selling / shifting positions in my 401k & roth ira, i'm content i didn't. i still own the same amount of shares, blah blah blah. in 6 - 9 months, i suspect levels will be back to recent highs.
while i considered selling / shifting positions in my 401k & roth ira, i'm content i didn't. i still own the same amount of shares, blah blah blah. in 6 - 9 months, i suspect levels will be back to recent highs.
Blazin
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At least now we don't have to talk about how old the bull run was anymore.
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Blazin
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Just remember that the market is forward looking, it thinks the same thing as you thus the decline. It will begin to recover before the crisis ends not after. It does seem too early in the crisis but things can change quickly.
Hateyou
Not Great, Not Terrible
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I don’t think it’s outside the realm of possibility. My wife works at a smaller ($30m/year I think) company and they are about to run out of stock of a lot of products with no date on replenishment yet. Personally I am concerned about layoffs, they aren’t going to stay open if they have nothing to sell for several months.
Furry
🌭🍔🇺🇦✌️SLAVA UKRAINI!✌️🇺🇦🍔🌭
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The market is also tied to panicking old people and their money. Analysts can see into the future all they want, if the demand keeps going down, then so will prices. Equities can only be worth what people will pay for them. The major panic event I've stated I'm looking for is trump getting diagnosed with the disease. I'm likely to buy in at the end of the next trading day, cause I expect that one to be a massacre.
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TJT
Mr. Poopybutthole
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Yeah sure. It's hysteria and people will get over it. That is what I am banking on.
It's not people actually losing their houses. The biggest asset and purchase in the average persons life by far. It's not the financial market collapsing because they were basing billions of dollars in business decisions on fundamentally unsound investment practices.
That shit isn't happening. This is monkeys freaking out over nonsense.
It's not people actually losing their houses. The biggest asset and purchase in the average persons life by far. It's not the financial market collapsing because they were basing billions of dollars in business decisions on fundamentally unsound investment practices.
That shit isn't happening. This is monkeys freaking out over nonsense.
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Blazin
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Sanrith Descartes
You have insufficient privileges to reply here.
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Attention Kmart shoppers. We have a Blue Light Special. Every aisle. Everything on sale.
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Sanrith Descartes
You have insufficient privileges to reply here.
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Hateyou
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Pretty happy I moved my 401 out the week before all this. My coworkers stayed in the same allocations I had and they’re down 20% now, I’m only down 3% moved some of it back in today so I’m sure I’ll be tanking in the near term.
One of my coworkers that’s a hell of a saver and close to retirement is down $500k today lol. He’s a smart dude though, he’s buying today and is excited about it.
One of my coworkers that’s a hell of a saver and close to retirement is down $500k today lol. He’s a smart dude though, he’s buying today and is excited about it.
TJT
Mr. Poopybutthole
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I didn't move anything. I just follow that factual mantra of, "you never make a loss until you sell." I had a lot of cash on hand because I'd been expecting a correction for a long time now. This is just way better than that.
I understand that yes, I could have sold two weeks ago and repositioned today at great gains. But I also know that that is hindsight 20/20 talking and I am not overly deep into research to predict this kind of thing reliably. 90 days ago nobody could have predicted the zombie plague doing this.
Praise Papa Nurgle for bestowing his blessings and gifts upon us unworthy denizens.
I understand that yes, I could have sold two weeks ago and repositioned today at great gains. But I also know that that is hindsight 20/20 talking and I am not overly deep into research to predict this kind of thing reliably. 90 days ago nobody could have predicted the zombie plague doing this.
Praise Papa Nurgle for bestowing his blessings and gifts upon us unworthy denizens.
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Blazin
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I got crazy lucky in that I primarily trade options and every option I held expired on 2/21 which couldn't have been a more perfect time. Letting me redeploy cash during this, a week different and I would be in a very different position. I would only be upset about not having more cash to take advantage. In retirement accounts, I couldn't careless havent even logged on to it, I can't even touch it for another 13yrs what difference does it make besides that I now get to accumulate cheaper. But if in 13yrs we aren't at a much higher level I will come back here and eat crow.
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