Moiraine Posted March 24, 2020 Share Posted March 24, 2020 I'll never understand how so many normal people got duped into caring about "job providers" so much more than workers that they started to think the latter were lazy or stupid if they need help but the former have to be helped for the good of the country. 3 Link to comment
Ratt Mhule Posted March 24, 2020 Share Posted March 24, 2020 46 minutes ago, Moiraine said: I'll never understand how so many normal people got duped into caring about "job providers" so much more than workers that they started to think the latter were lazy or stupid if they need help but the former have to be helped for the good of the country. Brainwashing is a powerful thing. 2 Link to comment
teachercd Posted March 25, 2020 Share Posted March 25, 2020 Harvard laid off their dining hall workers! They have a 40 billion dollar endowment! I love when people try and tell me how liberal Ivy league schools are...they have fooled people for years. 2 Link to comment
TGHusker Posted March 25, 2020 Author Share Posted March 25, 2020 So I wonder how many people are ready to "Buy the Dip"? Market up big yesterday and today. Link to comment
ZRod Posted March 25, 2020 Share Posted March 25, 2020 19 hours ago, TGHusker said: So I wonder how many people are ready to "Buy the Dip"? Market up big yesterday and today. There's no way that was the bottom. Just Google S and P 500, then click the 1 year tab. You can see this isn't the first rally during the slide and it won't be the last. GDP is going to tank this quarter and probably for the year. Link to comment
teachercd Posted March 25, 2020 Share Posted March 25, 2020 1 hour ago, ZRod said: There's no way that was the bottom. Just Google S and P 500, then click the 1 year tab. You can see this isn't the first really during the slide and it won't be the last. GDP is going to tank this quarter and probably for the year. Agreed. Zoom conferencing might be a good one to grab...that thing is what everyone is using now! But there will be another plunge. Link to comment
TGHusker Posted March 25, 2020 Author Share Posted March 25, 2020 11 minutes ago, teachercd said: Agreed. Zoom conferencing might be a good one to grab...that thing is what everyone is using now! But there will be another plunge. Yes, I'm keeping my powder dry. I'm too close to retirement to do much risk. By the way, does any wise financial guy have any thoughts on Fixed Index Annuities- good or bad during this era of ups and down markets? (yea a thread derailer I know) Link to comment
teachercd Posted March 25, 2020 Share Posted March 25, 2020 25 minutes ago, TGHusker said: Yes, I'm keeping my powder dry. I'm too close to retirement to do much risk. By the way, does any wise financial guy have any thoughts on Fixed Index Annuities- good or bad during this era of ups and down markets? (yea a thread derailer I know) I have no idea about that stuff... Sorry! I wish you could just invest in "the internet" how great would that have been!!! Link to comment
commando Posted March 26, 2020 Share Posted March 26, 2020 trump is going to save the economy on easter 1 Link to comment
ColoradoHusk Posted March 26, 2020 Share Posted March 26, 2020 6 hours ago, teachercd said: I have no idea about that stuff... Sorry! I wish you could just invest in "the internet" how great would that have been!!! Most internet stock funds from the late 90s/early 2000s performed poorly because most of the internet companies went belly up while only a handful stuck around and made it big. If you invested only in Google, Amazon, Apple, and Facebook, you are a rich man. Even then, you would have needed to do it at the right time. Link to comment
ColoradoHusk Posted March 26, 2020 Share Posted March 26, 2020 7 hours ago, teachercd said: Agreed. Zoom conferencing might be a good one to grab...that thing is what everyone is using now! But there will be another plunge. If you are near retirement, you shouldn’t have all your $ in equities, it’s too risky. If you can ride the market down, you might as well enjoy the dollar-cost averaging from lower prices and you will make more $ in the long run when the market likely rebounds. Don’t try to time the market and buy it at its low. Link to comment
teachercd Posted March 26, 2020 Share Posted March 26, 2020 Just now, ColoradoHusk said: If you are near retirement, you shouldn’t have all your $ in equities, it’s too risky. If you can ride the market down, you might as well enjoy the dollar-cost averaging from lower prices and you will make more $ in the long run when the market likely rebounds. Don’t try to time the market and buy it at its low. This coming from the guy that is all about Peloton! Link to comment
teachercd Posted March 26, 2020 Share Posted March 26, 2020 5 minutes ago, ColoradoHusk said: Most internet stock funds from the late 90s/early 2000s performed poorly because most of the internet companies went belly up while only a handful stuck around and made it big. If you invested only in Google, Amazon, Apple, and Facebook, you are a rich man. Even then, you would have needed to do it at the right time. It was a joke...like...if you could actually invest in "the internet" not companies on the net...but literally the internet. Like, if that had been a company. Like if you could invest in "porn", in general . Link to comment
ColoradoHusk Posted March 26, 2020 Share Posted March 26, 2020 2 minutes ago, teachercd said: This coming from the guy that is all about Peloton! I invested quite a bit for that towel dryer and clothes rack while I iron my shirts. 1 Link to comment
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