Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#46
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Jeff Albert Fernandina Resident |
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#47
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Wall Street big Ponzi scheme ran by billionaires. They control the market. At first hint of crisis they sell off which drive the markets way down, after all the peons have panic and lost most of they investments, the insiders Billionaire with Hugh cash buy in when its low enough for them to make Hugh profit. Now that the real players have brought back in it drives the market up. Now they wait for the next fabricated crisis. The smart little guy figures this out and sells off while market high before the insiders sell off And cause crash. You’re stock broker only cares about his fees that they suck off you’re Investment could care less if you make any money but keep you suckered in for his fee’s.
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#48
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It can;t go below zero unless you trade on margin.
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#49
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With all the negative news of getting ready for a couple of real bad weeks coming, you would of thought the DOW would be in a futures nose dive this morning but it is up over $700 so just maybe !! I normally would less likely to think this way but the market will be the first one to know.
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#50
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#51
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Trying to time the market bottom is a fool's errand. From the famous words of one of the most esteemed investors in history, Warren Buffett, to be a successful investor, “simply attempt to be fearful when others are greedy and to be greedy only when others are fearful (Mar 6, 2020).” Stocks are on sale right now, and there is nothing wrong with investing during a crisis. It will end at some point, and stocks will rise in price. It may be today, it might be next year, but stocks will rise again.
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#52
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What to buy I haven't a clue. Personally, went into cash bonds when retired to avoid this rollercoaster stuff. However if I was still in the game, I would punt very soon. Fiirst bit of goverment 'good news' and it will be 'Wacky Races' time. JMO. |
#53
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I only know about my own stocks. One, Lane Bryant, dissolved years ago, and my stock certificate is just a piece of nostalgia now, with no value at all.
I traded in my Israel bonds a decade after they matured, so I got a net profit from that. Water Company was bought out by another company, which bought out all shareholders for pennies over the most it had ever traded for. So while I would've liked to remain invested another decade, I got to enjoy quarterly dividend checks for many many years, and I got the initial investment of $500 plus another $10,000 back. Intel has been through a roller coaster since I got my first 10 shares. Doubled and split, then doubled again and tanked, then went up and down again, recession, dot-com bubble and bust, tech innovations, the current administration's back and forth against Huwei, and now the COVID-19 situation. After all is said and done, my stock is hovering near $60/share. That's pretty much where it's been for the past couple of years. It's also around $20/share more than it had been, except for an enormous spike around 2000/2001. |
#54
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Dow 23949 +2.39% NASDAQ 8515 +3.95% S&P 2846 +3.06% |
#55
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As of yesterday, the DOW closed at 24,242.49.
After watching it run up on Thursday, but not stay, I decided to put everything into a fixed fund that guarantees only 3.5%. Ironically, since I did it online after closing on Thursday it didn't take effect until after Friday's close so I actually saw an increase...over what I thought I had "locked in." I'm very happy with what I've made since 2009 after a very steady and substantial rise after the Great Recession, but am afraid that when the realization that the massive stimulus currently being sent out will still result in thousands of businesses going under...it's going to be really ugly in a few months. While I hope I'm wrong, I wouldn't be surprised to see the DJIA down in the 14,000-15,000 range by June. And if I'm wrong and miss out...so be it. The only thing I know for a fact regarding my investments is that I'm not going to worry about them...for a while. |
#56
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You said you're in cash bonds. Cash is an asset class and bonds are an asset class, but cash bonds is not an asset class, so decide how much of this post actually applies to you. Be careful. Also, feel free to ignore anything I say. Good luck. Wash your hands! 😄 |
#57
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We will never know where the real bottom of the market is unless the Fed stops artificially supporting it by pumping unprecidented amounts of liquidity into it. A real market is supported by underlying economic fundamentals, not the Fed. There seems to be a very large disconnect between Main St. and Wall St.
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#58
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#59
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Personally, I couldn't care less. I got out of that money-making (or losing) roller coaster a long time ago and have never been so relaxed about my finances. I don't have to get rich, but I do have to live without constant worries about money. Retirement should be just that and not be about getting richer. Try to enjoy it.
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"What, me worry?"--Alfred E. Neuman |
#60
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Closed Thread |
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