Investment BS Thread - Stocks/Futures/Mutual Funds/Bonds/Commodities/Options/ETFs/401ks/Etc

Buckle up futures have have hit limit down.

 

Saw it too. Came here to mention it as well just now. Was almost immediately after it opened too.

 

Just to keep things in perspective, in 2017 there were 2.56 million deaths from pneumonia worldwide.

 

Yet no businesses closed for weeks on end or required trillions of dollars in intervention on so many different areas.

 

again? Okidoki. Whatever.

I don’t think anyone is really saying this is as big as any of those. But there is literally no antidote or vaccine which makes people panic. And it’s new which made even more panic, we didn’t know how bad it could/would be when China first got it. It could have ended up as it is, or it could have ended up Black Plague level. Back then we didn’t know. And even still it’s wishy washy but most people have realized it ain’t really that bad. but in terms of the market it’s all jacked up.

 

It is pure media panic is all I’m saying. It isn’t supported by any actual bad disease. Buy now because these prices might not last long.

 

The damage has just started and you want people to buy in? I'm not catching that falling knife.

 

I am. It’s cheaper than it was a month ago. Maybe it will be cheaper next month, even better. You think we won’t recover from this in 10 years?

 

Now? Yes. 4 weeks ago? Nobody knew which way this could go.

also these prices will still be rough. I’m in the boat that it’ll be a stable but slow recovery. We crippled our supply chain and revenues for a whole month. 4 months from now we might be back stable but on a slow road up. I don’t buy either side of the billionaires. We won’t be in post apocalyptic world and we won’t be back to normal in a month. But we jacked up everything and can recover, probably in a few months we’ll be back to an okay footing but still this will have lasting effects for a while.

that said. Yes. Buy now. 5 to 10 years from now barring another similar crisis we’ll be in the green no matter what.

 

This is the only part that matters to me. Nobody should put money in the market that they can’t leave alone for 10+ years, that’s my opinion at least.

 

It's not an environment for the timid for sure.

This sounds horrible, but there's an old adage. The time to buy is when there's blood in the streets.

Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family, is credited with saying that "the time to buy is when there's blood in the streets." He should know. ... The original quote is believed to be "Buy when there's blood in the streets, even if the blood is your own."

 

What about the nearly 50 million people that are already retired? Should they jump back on this train?

 

In 10 years, we may have rode out this recession, another bull market, and another recession. Why not buy now, I don’t get it. If the reason is because you think the market may fall more, that’s market timing and I don’t think I can do that.

 

If you’re already retired, you shouldn’t be impacted by this. If you are, you did it wrong.

 

Yet Warren sits on the side lines with over a 100 billion. Too many Robin Hood account holders out there thinking this is the time

 

You can't generalize. Too many different unique scenarios.

 

Even stable value investments are going to shit

 

I wouldn’t rely on selling shares as a retirement.

 

He's already bought Delta stock. He will also offer ridiculously high interest loans to troubled companies as the smoke clears with preferential creditor status and end up owning entire industries.

 

Respectfully, generalizing again. Some retirees need to plan for 5 years, others 30 years.