We're in deep poop

Closed Thread
Thread Tools
  #16  
Old 03-30-2020, 05:18 AM
/mm04 /mm04 is offline
Junior Member
Join Date: May 2018
Posts: 1
Thanks: 0
Thanked 9 Times in 1 Post
Default

Quote:
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
golfing eagles golfing eagles is offline
Sage
Join Date: Mar 2015
Location: The Villages
Posts: 12,225
Thanks: 820
Thanked 12,912 Times in 4,141 Posts
Default

Quote:
Originally Posted by /mm04 View Post
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
Senior Member
Join Date: Dec 2016
Posts: 345
Thanks: 35
Thanked 328 Times in 155 Posts
Default

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
Junior Member
Join Date: Jul 2016
Posts: 17
Thanks: 26
Thanked 22 Times in 8 Posts
Default

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
skip0358's Avatar
skip0358 skip0358 is offline
Soaring Eagle member
Join Date: Jul 2007
Location: The Villages Florida
Posts: 2,287
Thanks: 88
Thanked 321 Times in 108 Posts
Default

I'm spending still.Came in with nothing and going out the same way!
__________________
Patchogue, NY; Village of Bonita Sept.09
  #21  
Old 03-30-2020, 05:58 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 11,577
Thanks: 850
Thanked 9,770 Times in 3,638 Posts
Default

Future look good at this second.
__________________
Identifying as Mr. Helpful
  #22  
Old 03-30-2020, 06:02 AM
golfing eagles golfing eagles is offline
Sage
Join Date: Mar 2015
Location: The Villages
Posts: 12,225
Thanks: 820
Thanked 12,912 Times in 4,141 Posts
Default

Quote:
Originally Posted by dewilson58 View Post
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
Member
Join Date: Dec 2019
Posts: 73
Thanks: 8
Thanked 89 Times in 39 Posts
Default

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
Polar Bear Polar Bear is offline
Sage
Join Date: Jun 2012
Posts: 4,682
Thanks: 222
Thanked 956 Times in 385 Posts
Default

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
Senior Member
Join Date: Jan 2019
Posts: 290
Thanks: 43
Thanked 1,306 Times in 237 Posts
Default

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
Senior Member
Join Date: Mar 2014
Posts: 258
Thanks: 3
Thanked 329 Times in 129 Posts
Default

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
Sage
Join Date: May 2014
Posts: 3,133
Thanks: 1
Thanked 935 Times in 526 Posts
Default

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.

Quote:
Originally Posted by Drdoug49 View Post
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
Senior Member
Join Date: Dec 2016
Posts: 345
Thanks: 35
Thanked 328 Times in 155 Posts
Default

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
Senior Member
Join Date: Apr 2016
Posts: 230
Thanks: 28
Thanked 304 Times in 111 Posts
Default

Be positive.
  #30  
Old 03-30-2020, 06:56 AM
PJackpot PJackpot is offline
Senior Member
Join Date: Aug 2015
Location: The Villages
Posts: 192
Thanks: 112
Thanked 181 Times in 75 Posts
Default

Bad move....unless you intend on dying over the next few months.
Closed Thread

Tags
till, sept, health, mkt, boat


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 04:29 PM.