Stock Market Dilemma
#6787466
02/29/20 11:22 AM
02/29/20 11:22 AM
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Joined: Dec 2011
Posts: 10,393 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,393
MT
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So, with the down markets with the coronavirus epidemic, I checked my losses since Jan. 1st 2020 till today Feb. 29, 2020 (YTD). I'm down 5.44% which in reality if you had one hundred bucks you lost $5.44¢ or still have $94.56¢ left after a ~4100 point hit from the highest close of the DJIA to the lowest for the year of 2020.
That is why people shouldn't over react to what is happening in the markets, just need to stay calm and go fishing or trap some beavah. The sun will come out at sometime might be next year or the next, just relax!! LOL
Last edited by snowy; 02/29/20 11:23 AM.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Stock Market Dilemma
[Re: snowy]
#6787489
02/29/20 11:47 AM
02/29/20 11:47 AM
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Joined: Dec 2011
Posts: 10,393 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,393
MT
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Right or Wrong is about as good as answer as it gets. I'm going to wait till next week and watch and see where this thing goes. The International world is what is going to drive things so I will watch close to when I buy in.
Good luck and no one can predict the markets, so there is no right time or bad time IMO.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Stock Market Dilemma
[Re: snowy]
#6787507
02/29/20 12:12 PM
02/29/20 12:12 PM
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Joined: Dec 2011
Posts: 10,393 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,393
MT
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^ that maybe be true. I don't worry about that kind of thing or the markets of the world. I will survive some way, some how, like all the rest. I might have to do some more fishing to eat, which would be a great thing.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Stock Market Dilemma
[Re: snowy]
#6787511
02/29/20 12:14 PM
02/29/20 12:14 PM
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Joined: Nov 2007
Posts: 1,948 Iowa.
imissed
trapper
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trapper
Joined: Nov 2007
Posts: 1,948
Iowa.
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Not sure of the % I lost but in the last week I'm 80K down. OUCH!!
WISH I HAD MORE TIME TO TRAP!
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Re: Stock Market Dilemma
[Re: coop]
#6787586
02/29/20 01:06 PM
02/29/20 01:06 PM
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Joined: Dec 2017
Posts: 6,223 Kansas
Pawnee
trapper
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trapper
Joined: Dec 2017
Posts: 6,223
Kansas
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I'm gonna buy some, right or wrong. Yep. I'm thinking mid week and BUY,BUY, BUY
Everything the left touches it destroys
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Re: Stock Market Dilemma
[Re: Diggerman]
#6787590
02/29/20 01:09 PM
02/29/20 01:09 PM
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Joined: Dec 2018
Posts: 5,214 Crivitz WI
Sprung & Rusty
trapper
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trapper
Joined: Dec 2018
Posts: 5,214
Crivitz WI
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If the market drops to zero, your money wouldn't have been any good anyway. We don't have money. It's fiat currency. It's not real anyway. Lol.
No Jab.
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Re: Stock Market Dilemma
[Re: brianmall]
#6787617
02/29/20 01:31 PM
02/29/20 01:31 PM
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Joined: Dec 2014
Posts: 2,474 Tug Hill, NY
Squash
trapper
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trapper
Joined: Dec 2014
Posts: 2,474
Tug Hill, NY
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"conspiracy" theory is that this is all engineered by left and other commie govt such as China to manufacture a ressesion before election!
Let a virus loose to tank stocks!
There was actually a comment made by a forien leader at some point in this whole corono thing "China 1st". I agree.
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Re: Stock Market Dilemma
[Re: coop]
#6787637
02/29/20 01:49 PM
02/29/20 01:49 PM
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Joined: Dec 2011
Posts: 10,393 MT
snowy
OP
trapper
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OP
trapper
Joined: Dec 2011
Posts: 10,393
MT
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The moneys not gone until you sell for a loss, that's my take on it. That is a true statement even the blue party would have a hard time putting hate/negativity in that statement. You haven't lost a dime UNLESS you sell your holding.
Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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Re: Stock Market Dilemma
[Re: snowy]
#6787664
02/29/20 02:15 PM
02/29/20 02:15 PM
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Joined: Nov 2017
Posts: 5,515 West Central MN
20scout
trapper
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trapper
Joined: Nov 2017
Posts: 5,515
West Central MN
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Investing in the market is still cheaper than an ex-wife or a drug habit.....
Common sense is a not a vegetable that does well in everyone's garden.
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Re: Stock Market Dilemma
[Re: brianmall]
#6787694
02/29/20 02:52 PM
02/29/20 02:52 PM
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Joined: Mar 2013
Posts: 17,035 Fredonia, PA.
Finster
trapper
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trapper
Joined: Mar 2013
Posts: 17,035
Fredonia, PA.
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"conspiracy" theory is that this is all engineered by left and other commie govt such as China to manufacture a ressesion before election!
Let a virus loose to tank stocks!
There was actually a comment made by a forien leader at some point in this whole corono thing "China 1st". For that to happen, the left would need a brain...……. I see no evidence of that.
I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
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