Stock Market Dilemma

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

I'm gonna buy some, right or wrong.

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.

If the market drops to zero, your money wouldn't have been any good anyway.

^ 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.

Not sure of the % I lost but in the last week I'm 80K down. OUCH!!

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.

It will rebound

I still need to invest. Thinking Roth IRA

Be patient it will come back.

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

We don't have money. It's fiat currency. It's not real anyway. Lol.

It’s got so bad this week I quit looking...down $14K just this week alone.

The moneys not gone until you sell for a loss, that's my take on it.

"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.

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.

Market corrections are just a way to steal money from people that shouldn't be in the market in the first place.

Investing in the market is still cheaper than an ex-wife or a drug habit.....

For that to happen, the left would need a brain...……. I see no evidence of that.

I remember when the Dow was 4300. Yesterday the Dow rested at 25000 and something. This is media panic. Keep dumping in money. Your wallet will thank you in the long run

Yeah, 2020 may be a rough year but a person has to play for longer-term averages, especially if part of the money that's coming into retirement funds are employer matches. The 4th quarter of 2018 was rough so brought our whole portfolio down to only about 0.95% gain for the year in the pot but 2019 was a 24.2% gain (additional money + gains in funds) so averaging those 2 years, we're up 12.6% more in the pot than the beginning of 2018. I'm sure there are a bunch of guys here who put more money in and/or have better returns than me but I'm pretty satisfied where we are right now, could certainly be a lot worse. The gain on the accessed value of the house is up about 8.5% annually since 2012. I don't think that's sustainable but I don't plan anytime soon.

A friend of mine who lives in a more wooded state south and slightly east of me left a voice message wondering/hoping I had moved some of my assets into safer positions before this week. The difference between him and me is that he has really no additional money coming into his portfolio because both he and his wife, both less than 58, are "retired" so he only has the principal he had when his wife retired last year so any losses to him are real losses with only subsequent up trends to recover from their blow. His system works for them but its not my situation, at least not now...

People who support the elite left have no brain! The elites that are pulling their strings are smart as a whip and evil as all H3ll!

They "the elite left" are the type that kill millions as soon as they gain control! That Bernie Sanders will kill anyone who apposes him if he gets power! Left gets trifecta in our govt and you will see death in biblical proportion here!

When fear gets everyone selling, it's time to start buying...

I buy quality companies that pay dividends (dividend aristocrats) when they go on sale...which is now.

I try not to worry about stock price, rather I'm more concerned with building a good dividend stream for when I retire. I drip all dividends.

^ I bet it is, no experience on that, but I can tell you, that the stock market has less risk then ranching and farming does on any given year. I have made more money on stocks then I ever had in the cattle business.

Just keep an eye peeled for signs a company may cut its dividend. Payout ratios that are irrationally high can be a good indicator, If business slows, companies may have to cut dividends in order to meet debt obligations.

Excellent idea!

True statement!!
But the man in charge of the red party sure is quick to tweet when it’s trending up an awful lot. Never saw one tweet this week. Strange, sure wants to take all the credit for trending up, but certainly not his fault for the trend down. Coranavirus obviously had lot to do with market this week, but maybe in part it was going to hit a wall anyways? Who knows

My account is connected to a computer program that is constantly watching the market. I guess when I meat with my broker, I’ll find out how smart it is. My profile is rather conservative. I am 73.

First U.S. death. There goes Monday.
And yes, it is a tragedy, and my heart goes out to those effected, but this thread is focused on the stock market. That's all I'm saying.

I think it is very possible for the poo to hit the big turbocharged fan. The dems need it to for any chance of a win in the main election this November, the media will be orchestrating it just like they orchestrated the push to invade Iraq the second time. During that time Phil Donahue had the highest rated TV show and he said 'lets think about this before we go off and invade Iraq" he was cancelled soon after. The dems and their backers would kill 1/2 the country if it got rid of Trump and maybe they will do that after they get rid of him.....the country is soft and ripe for a fall, actually all the first world countries are.
The 2nd invasion of Iraq was a horrible mistake as we can see now, but the media was all for it and instrumental in getting people in favor of it. They will be beating the kung flu drum big time from here on out...

"They "the elite left" are the type that kill millions as soon as they gain control! That Bernie Sanders will kill anyone who apposes him if he gets power! Left gets trifecta in our govt and you will see death in biblical proportion here!"

" The dems and their backers would kill 1/2 the country if it got rid of Trump and maybe they will do that after they get rid of him....."

You guys are bananas.

If some one in charge would actually come out and say what ethnic groups are being the most affected (acutely sick or deaths), then maybe the the stock market fear and panic would recede some. This bug isn't the "flu" and as of now its very "specific" to certain populations---I'll let you fill in the blanks. Until the bug actually self mutes out of those specific pops, its not like the 2018/2019 "Spanish flu". Now, the stock market will probaby still be dragged down because we've made and/or allowed China to become the grand factory of the world and the U.S. is now paying for that either specific policy or lack of policy. Maybe its another wake up call that a lot of specific manufacturing needs, or at least a certain percentage of it, done at "home". My agency as of now can't have any servers that have Chinese chips in them but why the **** do we allow U.S. big pharm to make all of their basic antibiotics off-shore?? Just like rare earth minerals & metals, USGS has been stating since Bush II that the U.S. is too dependent (actually reached 100% under Prez Barry) on the Chinese for these elements. Finally, under the Donald we're moving forward to re-open and expand North American-based rare earths, but I don't think anything is actually rolling out of those mines yet. Then you wonder why some people think its done on purpose...

The funny thing about history is that it repeats itself so you should check what has happened in the past to a mostly free society when socialists take over. The group behind aoc also got a few others elected to the house and they idolize pol pot. You heard of that guy? Why do you think they want everyone's guns? Any intelligent person knows that a lack of guns in a society does not stop murders of citizens by other citizens it does enslave the people thou and leaves them defenseless against an oppressive government. How is that for bananas?
Why do you think they want to disarm law abiding US citizens?

You didn't loose a thing if you didn't sell. Buy more when you are comfortable with the price, don't try to time the bottom.

^ You get it.

How many people die from the flu in the US each year?

While the impact of flu varies, it places a substantial burden on the health of people in the United States each year. CDC estimates that influenza has resulted in between 9 million – 45 million illnesses, between 140,000 – 810,000 hospitalizations and between 12,000 – 61,000 deaths annually since 2010.

At approximately 10 a.m monday, the ISM report will be released. That should cause some sort of market reaction one way or the other

Trump's gonna shut down southern border

You also dont have any money until you sell.

Not even remotely true

White >>> an equivalent Chinese number was reported yesterday. It was a tad lower than the number during the 2008-2009 global meltdown. Do your own research on that report.
Here is just one report
https://www.cnbc.com/2020/02/29/chi...-fastest-rate-on-record-in-february.html
The thing we forget is the markets are world wide when other country fail we fail along with them in the stock markets. US economy is stronger then ever in history. The markets heading south is and can be dictated by foreign markets we depend on. That is why bring back manufacturing back to US is SO important.

If coronavirus fades away markets will rebound. If the virus kills us we won't need the money anyway.

Spot on true-Tell that to all the people who were ruined and shot themselves in the head in 29 when the banks failed along with everything else.
Remember the old song-Buddy can you spare a dime?See what you can buy with a bunch of worthless stock certificates,lol.

Boco- It's not 1929...

Its gonna be way worse.
Everything is lining up.