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  #16  
Old 03-30-2020, 05:18 AM
/mm04 /mm04 is offline
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Originally Posted by Chatbrat View Post
All I know is tomorrow morning I'm totally selling all my equities--there is no way we can turn the mkts around by labor day- 4 months of total negativity, I'll be sitting pretty with cash when things turn around as long as I'm still alive--I'm 77 --we have way more than we can spend as it stands--take my advice when the Pres says stay put till Apr 30--its the beginning
Foolish. You only lose if you sell in a down market. Hold on and ride this out.
  #17  
Old 03-30-2020, 05:47 AM
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golfing eagles golfing eagles is offline
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Foolish. You only lose if you sell in a down market. Hold on and ride this out.
Correct. You should have sold when the US senators with the insider info sold
  #18  
Old 03-30-2020, 05:55 AM
Skunky1 Skunky1 is offline
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Where are you going to put all that cash? Inquiring minds wanna know.
  #19  
Old 03-30-2020, 05:57 AM
rbrooks817 rbrooks817 is offline
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Best financial advice I've heard, just watch the trading trends of our Intelligence Committee members and you will make out like a bandit.
  #20  
Old 03-30-2020, 05:57 AM
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skip0358 skip0358 is offline
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I'm spending still.Came in with nothing and going out the same way!
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Patchogue, NY; Village of Bonita Sept.09
  #21  
Old 03-30-2020, 05:58 AM
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dewilson58 dewilson58 is offline
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Future look good at this second.
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Mr. Distance
  #22  
Old 03-30-2020, 06:02 AM
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Future look good at this second.
Really? Dow futures down 53, world markets down 0.5-1.5%
  #23  
Old 03-30-2020, 06:04 AM
Drdoug49 Drdoug49 is offline
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Real estate will also take a massive hit in TV. How can you show the lifestyle, with no definitive start date. People portfolio down 30%, grim times ahead for TV real estate as well
  #24  
Old 03-30-2020, 06:17 AM
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Polar Bear Polar Bear is offline
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Buy a stock.

If the market goes up, sell it.

If it goes down, don’t buy it.
  #25  
Old 03-30-2020, 06:19 AM
Leadbone1 Leadbone1 is offline
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Stop with the doom and gloom. Have heard at least two renowned doctors say that they think by the middle of April we will have hit the Apex. President Trump may just be being overly cautious. If he sees that things change I’m sure he will adjust. As to the stock market, I wish I had $100,000 laying around that I didn’t need. I would be buying stock till hell wouldn’t have it. A lot of these folks that sold during this temporary artificial Set back I believe will be sorry. When this passes the market is going to zoom back up
  #26  
Old 03-30-2020, 06:30 AM
rlcooper70 rlcooper70 is offline
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Do we know what is the correct response to this?

Remember that our reaction may have been delayed because we defunded the Pandemic Team and defunded the Kirchhoff teams plan to ready the US after the 2014 Ebola scare ... and ended the NSC Directorate for Global Health Security and Biodefense ... we know why we are here now.

We don't know where we are going except that a lot of people are dying. So you may be right that we will still be in deep trouble in September ... and until there is a vaccine will we be afraid to go near anyone else? Times have changed.
  #27  
Old 03-30-2020, 06:38 AM
biker1 biker1 is offline
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Your portfolio is only down 30% if you are entirely in equities. At the typical ages of those in The Villages, being entirely in equities would not be a smart move unless you plan to leave it all to your heirs.

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Real estate will also take a massive hit in TV. How can you show the lifestyle, with no definitive start date. People portfolio down 30%, grim times ahead for TV real estate as well
  #28  
Old 03-30-2020, 06:46 AM
Skunky1 Skunky1 is offline
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Today’s daily sun finally got on board with COVID-19 with front page headlines. Better late than never.
  #29  
Old 03-30-2020, 06:50 AM
ts12755 ts12755 is offline
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Be positive.
  #30  
Old 03-30-2020, 06:56 AM
PJackpot PJackpot is offline
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Bad move....unless you intend on dying over the next few months.
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