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Stock Market Dilemma #6787466
02/29/20 11:22 AM
02/29/20 11:22 AM
Joined: Dec 2011
Posts: 10,393
MT
S
snowy Offline OP
trapper
snowy  Offline OP
trapper
S

Joined: Dec 2011
Posts: 10,393
MT
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
Re: Stock Market Dilemma [Re: snowy] #6787478
02/29/20 11:37 AM
02/29/20 11:37 AM
Joined: Dec 2006
Posts: 3,639
De
C
coop Offline
trapper
coop  Offline
trapper
C

Joined: Dec 2006
Posts: 3,639
De
I'm gonna buy some, right or wrong.

Re: Stock Market Dilemma [Re: snowy] #6787489
02/29/20 11:47 AM
02/29/20 11:47 AM
Joined: Dec 2011
Posts: 10,393
MT
S
snowy Offline OP
trapper
snowy  Offline OP
trapper
S

Joined: Dec 2011
Posts: 10,393
MT
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
Re: Stock Market Dilemma [Re: snowy] #6787501
02/29/20 12:07 PM
02/29/20 12:07 PM
Joined: Dec 2012
Posts: 6,524
Wi.
D
Diggerman Offline
trapper
Diggerman  Offline
trapper
D

Joined: Dec 2012
Posts: 6,524
Wi.
If the market drops to zero, your money wouldn't have been any good anyway.

Re: Stock Market Dilemma [Re: snowy] #6787507
02/29/20 12:12 PM
02/29/20 12:12 PM
Joined: Dec 2011
Posts: 10,393
MT
S
snowy Offline OP
trapper
snowy  Offline OP
trapper
S

Joined: Dec 2011
Posts: 10,393
MT
^ 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
Re: Stock Market Dilemma [Re: snowy] #6787511
02/29/20 12:14 PM
02/29/20 12:14 PM
Joined: Nov 2007
Posts: 1,948
Iowa.
I
imissed Offline
trapper
imissed  Offline
trapper
I

Joined: Nov 2007
Posts: 1,948
Iowa.
Not sure of the % I lost but in the last week I'm 80K down. OUCH!!


WISH I HAD MORE TIME TO TRAP!
Re: Stock Market Dilemma [Re: snowy] #6787517
02/29/20 12:22 PM
02/29/20 12:22 PM
Joined: Oct 2012
Posts: 3,897
Wisconsin
E
Eagleye Offline
trapper
Eagleye  Offline
trapper
E

Joined: Oct 2012
Posts: 3,897
Wisconsin
If the market drops to Zero- I'd invest in guns and barb wire, until then - some good buying opportunities on some solid balance sheets and dividend darlings that came off a 52 week high prior to Bernie's lead and the virus hitting the news.

Re: Stock Market Dilemma [Re: snowy] #6787530
02/29/20 12:34 PM
02/29/20 12:34 PM
Joined: Mar 2013
Posts: 17,035
Fredonia, PA.
Finster Offline
trapper
Finster  Offline
trapper

Joined: Mar 2013
Posts: 17,035
Fredonia, PA.
It will rebound


I BELIEVE IN MY GOD, MY COUNTRY AND IN MYSELF.
Re: Stock Market Dilemma [Re: snowy] #6787582
02/29/20 01:02 PM
02/29/20 01:02 PM
Joined: Feb 2014
Posts: 25,694
nm
A
adam m Offline
trapper
adam m  Offline
trapper
A

Joined: Feb 2014
Posts: 25,694
nm
I still need to invest. Thinking Roth IRA

Re: Stock Market Dilemma [Re: snowy] #6787584
02/29/20 01:05 PM
02/29/20 01:05 PM
Joined: Dec 2006
Posts: 7,593
SW Pa
B
Bob Jameson Offline
trapper
Bob Jameson  Offline
trapper
B

Joined: Dec 2006
Posts: 7,593
SW Pa
Be patient it will come back.

Re: Stock Market Dilemma [Re: coop] #6787586
02/29/20 01:06 PM
02/29/20 01:06 PM
Joined: Dec 2017
Posts: 6,223
Kansas
Pawnee Offline
trapper
Pawnee  Offline
trapper

Joined: Dec 2017
Posts: 6,223
Kansas
Originally Posted by coop
I'm gonna buy some, right or wrong.


Yep. I'm thinking mid week and BUY,BUY, BUY


Everything the left touches it destroys
Re: Stock Market Dilemma [Re: Diggerman] #6787590
02/29/20 01:09 PM
02/29/20 01:09 PM
Joined: Dec 2018
Posts: 5,214
Crivitz WI
Sprung & Rusty Offline
trapper
Sprung & Rusty  Offline
trapper

Joined: Dec 2018
Posts: 5,214
Crivitz WI
Originally Posted by Diggerman
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.
Re: Stock Market Dilemma [Re: snowy] #6787594
02/29/20 01:12 PM
02/29/20 01:12 PM
Joined: May 2018
Posts: 10,917
SW Georgia
W
Wanna Be Offline
trapper
Wanna Be  Offline
trapper
W

Joined: May 2018
Posts: 10,917
SW Georgia
It’s got so bad this week I quit looking...down $14K just this week alone.

Re: Stock Market Dilemma [Re: snowy] #6787609
02/29/20 01:27 PM
02/29/20 01:27 PM
Joined: Dec 2006
Posts: 3,639
De
C
coop Offline
trapper
coop  Offline
trapper
C

Joined: Dec 2006
Posts: 3,639
De
The moneys not gone until you sell for a loss, that's my take on it.

Re: Stock Market Dilemma [Re: snowy] #6787614
02/29/20 01:28 PM
02/29/20 01:28 PM
Joined: Oct 2013
Posts: 11,269
Indiana
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brianmall Offline
trapper
brianmall  Offline
trapper
B

Joined: Oct 2013
Posts: 11,269
Indiana
"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".

Re: Stock Market Dilemma [Re: brianmall] #6787617
02/29/20 01:31 PM
02/29/20 01:31 PM
Joined: Dec 2014
Posts: 2,474
Tug Hill, NY
S
Squash Offline
trapper
Squash  Offline
trapper
S

Joined: Dec 2014
Posts: 2,474
Tug Hill, NY
Originally Posted by brianmall
"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.

Re: Stock Market Dilemma [Re: coop] #6787637
02/29/20 01:49 PM
02/29/20 01:49 PM
Joined: Dec 2011
Posts: 10,393
MT
S
snowy Offline OP
trapper
snowy  Offline OP
trapper
S

Joined: Dec 2011
Posts: 10,393
MT
Originally Posted by coop
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
Re: Stock Market Dilemma [Re: snowy] #6787650
02/29/20 02:01 PM
02/29/20 02:01 PM
Joined: Dec 2012
Posts: 6,524
Wi.
D
Diggerman Offline
trapper
Diggerman  Offline
trapper
D

Joined: Dec 2012
Posts: 6,524
Wi.
Market corrections are just a way to steal money from people that shouldn't be in the market in the first place.

Re: Stock Market Dilemma [Re: snowy] #6787664
02/29/20 02:15 PM
02/29/20 02:15 PM
Joined: Nov 2017
Posts: 5,515
West Central MN
20scout Offline
trapper
20scout  Offline
trapper

Joined: Nov 2017
Posts: 5,515
West Central MN
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.
Re: Stock Market Dilemma [Re: brianmall] #6787694
02/29/20 02:52 PM
02/29/20 02:52 PM
Joined: Mar 2013
Posts: 17,035
Fredonia, PA.
Finster Offline
trapper
Finster  Offline
trapper

Joined: Mar 2013
Posts: 17,035
Fredonia, PA.
Originally Posted by brianmall
"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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