MonkeyF0cker Posted March 1, 2020 Report Share Posted March 1, 2020 Fed will cut rates and the market will still be the only place to put cash. Look for buying opportunities now. Anyone predicting doom and gloom off of a silly little virus is out of their minds. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 1, 2020 Report Share Posted March 1, 2020 This little correction will actually make the economy stronger because of overreaction by the Fed and opportunity created by Main St. donk investors selling off. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 And when that injection of free money just allows rich folk to pocket more cash, interest rates are zero and you replace a bubble with another bubble? Good luck selling your debt. Good luck with the promised tax cuts. Keep building a phony pile of bullshit instead of solving the problem. Since when is it the Fed's mandate to inflate the stock market instead of protecting the economic health of America. Since Donald Turnip is your answer. Quote Link to comment Share on other sites More sharing options...
tailsyoulose Posted March 1, 2020 Report Share Posted March 1, 2020 And when that injection of free money just allows rich folk to pocket more cash, interest rates are zero and you replace a bubble with another bubble? Good luck selling your debt. Good luck with the promised tax cuts. Keep building a phony pile of bullshit instead of solving the problem. Since when is it the Fed's mandate to inflate the stock market instead of protecting the economic health of America. Since Donald Turnip is your answer. no, if anything ron paul was the answer. but he aint electable. so gotta settle for the next best thing which is just throwing shit in libs faces as the world burns. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 you think it's funnywell your drowning in it too Quote Link to comment Share on other sites More sharing options...
FairWarning Posted March 1, 2020 Report Share Posted March 1, 2020 And when that injection of free money just allows rich folk to pocket more cash, interest rates are zero and you replace a bubble with another bubble? Good luck selling your debt. Good luck with the promised tax cuts. Keep building a phony pile of bullshit instead of solving the problem. Since when is it the Fed's mandate to inflate the stock market instead of protecting the economic health of America. Since Donald Turnip is your answer.Don’t the people with pensions and 401K’s benefit also? Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 says coronavirus crash is bullshit, but wants the fed to fix it, now looking for opportunity. says the crash was based on bad fundamentals, bubble burst popped by global economic concerns re virus. says nothing gonna be of any value until cash hoarders looosen. Looking for good spot to go fishing until then. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 Don’t the people with pensions and 401K’s benefit also?nothing fake benefits anyone other than it's creators. Ever. Cash hoarding helps no one other than the hoarders. Quote Link to comment Share on other sites More sharing options...
FairWarning Posted March 1, 2020 Report Share Posted March 1, 2020 I lost $15k this week. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted March 1, 2020 Report Share Posted March 1, 2020 I lost $15k this week.Don’t even want to check. I assume I’m down 3-4x that Quote Link to comment Share on other sites More sharing options...
mikeman Posted March 1, 2020 Report Share Posted March 1, 2020 I lost $15k this week.70K +, and I'm not even fully invested. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 1, 2020 Report Share Posted March 1, 2020 Don’t even want to check. I assume I’m down 3-4x thatDon't bother looking if you're a long term investor. Almost nobody is timing these things well. Even if you're lucky enough to get out at the right time, you almost never get back in with an advantage. That's why the vast majority of hedge funds don't outperform the S&P (or even an S&P index fund) over the long haul. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 I lost $15k this week.you will get it back slowly and certainly if someone decides to build true, fundamental value. Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 1, 2020 Report Share Posted March 1, 2020 This stuff has basically a one or two quarter impact. Higher interest rates are what would cause an actual flight from equities and that most certainly will not be happening any time soon - regardless of whether the outbreak had occurred or not. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 if not then it is a crapshoot. this bubble has been obvious for two years, since the tax reform bullshit was signed. Plain as the nose on your face, sold to you by fake job numbers and the laughable "full employment". Quote Link to comment Share on other sites More sharing options...
MonkeyF0cker Posted March 1, 2020 Report Share Posted March 1, 2020 if not then it is a crapshoot. this bubble has been obvious for two years, since the tax reform bullshit was signed. Plain as the nose on your face, sold to you by fake job numbers and the laughable "full employment".This guy is so clueless. The reason money goes into stocks is because bonds and savings accounts pay jack shit. And it has fuck all to do with tax cuts. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 if anyone pays one penny more than true value for one share of equity then the joke is on them. Any zero interest stimulus is going in someone's back pocket not the markets. While the global economy grinds to a halt is not the time to buy anything. That ain't in two months, shit the panic ain't over, no one knows where the economy bottoms out yet. Too busy worring about the market. Quote Link to comment Share on other sites More sharing options...
kovacsbar Posted March 1, 2020 Report Share Posted March 1, 2020 The real losses in productivity, jobs, and overall utility plus the inevitable devaluation of the dollar, higher taxes, and eventually higher rates, gonna cost everyone 40% of their roll. Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted March 1, 2020 Report Share Posted March 1, 2020 Don't bother looking if you're a long term investor. Almost nobody is timing these things well. Even if you're lucky enough to get out at the right time, you almost never get back in with an advantage. That's why the vast majority of hedge funds don't outperform the S&P (or even an S&P index fund) over the long haul.Agreed. Plus it’s just numbers on a screen to me at this point. Quote Link to comment Share on other sites More sharing options...
D-Hustle Posted March 1, 2020 Report Share Posted March 1, 2020 where do you boyz buy stocks. thinking of getting some now since it's a discount. robinhood or cash app good? I like AT&T stock because of the high dividends. Quote Link to comment Share on other sites More sharing options...
RealSlimShady Posted March 1, 2020 Report Share Posted March 1, 2020 Almost nobody is timing these things well. Even if you're lucky enough to get out at the right time, you almost never get back in with an advantage. That's why the vast majority of hedge funds don't outperform the S&P (or even an S&P index fund) over the long haul. I thought I was a genius getting out the previous week. Bought back 60% on Monday at the open, 20% Tuesday, 20% Wednesday.Didn't really save too much..... timing the market is so hard, but I still try Quote Link to comment Share on other sites More sharing options...
sleepy Posted March 1, 2020 Report Share Posted March 1, 2020 where do you boyz buy stocks. thinking of getting some now since it's a discount. robinhood or cash app good? I like AT&T stock because of the high dividends. what kind of dividends do you get on $50 investment? Quote Link to comment Share on other sites More sharing options...
RealSlimShady Posted March 2, 2020 Report Share Posted March 2, 2020 what kind of dividends do you get on $50 investment?About 3 bucks a year Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted March 2, 2020 Report Share Posted March 2, 2020 where do you boyz buy stocks. thinking of getting some now since it's a discount. robinhood or cash app good? I like AT&T stock because of the high dividends.Merrill is a good option if you bank at Bank of America Quote Link to comment Share on other sites More sharing options...
Ts179 Posted March 2, 2020 Report Share Posted March 2, 2020 dow future down 300 Quote Link to comment Share on other sites More sharing options...
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