Bernie looked at his investments and wished he could too, while also cursing "rich corporate awligawrks".

I'm sure the DNC sent him a nice house as a parting gift again this time.

Probably 2!

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Yes, it's improvement, but it's Blaine Gabbert 2012 level improvement. - Pirkster

http://youtu.be/ouGM3NWpjxk The Home Hypnotist!

http://youtu.be/XQRFkn0Ly3A Media on the Brain Link!
 

Peyton must store oxygen in that forehead of his. No way I'd still be alive after all that choking.

 

Bernie looked at his investments and wished he could too, while also cursing "rich corporate awligawrks".

I'm sure the DNC sent him a nice house as a parting gift again this time.

It's a "summer camp" and lots of everyday Vermonters have one.  But Socialist Bernie spent $575,000 on his.

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Man, I wish Bernie could drop out of the race every day for the next 3 weeks.

No kidding.  The market was already up a bit when he made his announcement.  Right as it was being reported the market shot up.

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.

There's no free lunch. You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

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I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.  

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.  

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

See my last post in the COVID-19 thread. The after action report/result will cause people to never do this again unless it’s an immediate life or death threat.

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I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.  

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.  

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

I'm right there with ya.

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I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.  

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.  

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

I somewhat agree with you, though I do believe that investors are anticipating bad earnings numbers, bad unemployment numbers, etc.  While I like seeing the market put up numbers like it has so far this week and while I wish for more of a "V shaped" recovery I do think that it's going to be more of a "U shape".

Having said that I don't think that the market overall will test the lows, and the gains over the last few days might be short lived.

For the most part I personally have been sitting on the sidelines with the exception of small portions in a couple of stocks and ETF's that I like.  So far they are doing well, but it's a very small portion of my portfolio.  I'm still basically 90% cash and 10% in equities so even the small gains that I am making right now doesn't really reflect on my YTD returns number.

It's just my opinion but I think if someone is looking at the long term many stocks, funds, ETF's, etc. are still basically "on sale" right now.  Imagine what the price is going to be a year from now vs. right now.

---

There are 10 kinds of people in this world.  Those who understand binary and those who don't.

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

After being placed on Lockdown in Puerto Rico on March 16 we secured our AirBnb (free as compensation) and flights ($120 each round trip) for a return trip in August.

It's going to be bargain basement for the remainder of the year of this diminishes.  I'm already looking at flights for Puerto Vallarta later in the year.  Most are coming with No Change Fees.

Market's Up and I'm ready to party !!   Don't kill my fun

---

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

After being placed on Lockdown in Puerto Rico on March 16 we secured our AirBnb (free as compensation) and flights ($120 each round trip) for a return trip in August.

It's going to be bargain basement for the remainder of the year of this diminishes.  I'm already looking at flights for Puerto Vallarta later in the year.  Most are coming with No Change Fees.

Market's Up and I'm ready to party !!   Don't kill my fun

I love PV, you might see me there too.

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Watching this report from the sidelines.

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The market did well last week and after today it's doing even better.  The DOW briefly rose above 24,000 though it came back down just a bit.  The NASDAQ "officially" exited "bear market territory".  I think that there is a lot of restlessness right now and people are eager to get back to work.

If I was going to guess I would say that portions of the economy are going to start opening back up by the end of the month.

Meanwhile if people in 401k's had simply just kept contributing they would have gotten some great stocks at a great price.  Me being an investor on my own I'm very near to breaking even YTD.  I'm sure that institutional investors are probably doing much better than me, hence 401k's are probably doing quite well right now.

I'll re-evaluate the situation next week and perhaps adjust accordingly.  I'm looking hard at "dipping in" a bit more.

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There are 10 kinds of people in this world.  Those who understand binary and those who don't.

The market did well last week and after today it's doing even better.  The DOW briefly rose above 24,000 though it came back down just a bit.  The NASDAQ "officially" exited "bear market territory".  I think that there is a lot of restlessness right now and people are eager to get back to work.

If I was going to guess I would say that portions of the economy are going to start opening back up by the end of the month.

Meanwhile if people in 401k's had simply just kept contributing they would have gotten some great stocks at a great price.  Me being an investor on my own I'm very near to breaking even YTD.  I'm sure that institutional investors are probably doing much better than me, hence 401k's are probably doing quite well right now.

I'll re-evaluate the situation next week and perhaps adjust accordingly.  I'm looking hard at "dipping in" a bit more.

Even better if your employer matches ever pay period. Unfortunately, my employer does their match as a lump sum in February. That wasn't very helpful this year lol

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Gilead bringing some positivity.

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"Investing is dead...we just buy whatever the FED is buying".

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"Investing is dead...we just buy whatever the FED is buying".

The FED is buying everything and the market is responding.

---

I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.  

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.  

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

"For every complex problem there is an answer that is clear, simple, and wrong."

H. L. Mencken

---

My fellow southpaw Mark Brunell will probably always be my favorite Jaguar.

All this economic damage done by the China virus shutdown, and still better than 3 years ago. That's telling.

---

"You do your own thing in your own time. You should be proud."

Hoping for a little drop after all the reports coming out next week. Have some money to invest and it didn't get moved into my account quick enough for the bottom

---

I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.  

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.  

There's no free lunch.  You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

I somewhat agree with you, though I do believe that investors are anticipating bad earnings numbers, bad unemployment numbers, etc.  While I like seeing the market put up numbers like it has so far this week and while I wish for more of a "V shaped" recovery I do think that it's going to be more of a "U shape".

Having said that I don't think that the market overall will test the lows, and the gains over the last few days might be short lived.

For the most part I personally have been sitting on the sidelines with the exception of small portions in a couple of stocks and ETF's that I like.  So far they are doing well, but it's a very small portion of my portfolio.  I'm still basically 90% cash and 10% in equities so even the small gains that I am making right now doesn't really reflect on my YTD returns number.

It's just my opinion but I think if someone is looking at the long term many stocks, funds, ETF's, etc. are still basically "on sale" right now.  Imagine what the price is going to be a year from now vs. right now.

Investing is emotional as much as it is numbers.  You have to do what's comfortable for you.  The unknown can bring anxiety, as we've seen during this shut in.  If anxiety of a downturn causes you to sell (and always, ALWAYS remember that you don't lose or gain a single penny until you hit the SELL button) then you're better off waiting for smoother sailing.

As I stated earlier in the thread, there are funds that can make you money even in down times.  Timing markets rarely works.  No one knows for certain: in too soon and you may have to ride out the bottom if we're not there yet.  In to late after the upturn and you've lost a portion of the gains.

Even so, if you're investing over the long haul now isn't a bad time to up your contribution to investments in historically strong EFTs.  If you are in good funds you will have plenty of time for the market to return unless you're close to retirement age now.

Since it's been dissolved due to market volatility and replaced with a new fund, I can share what was my "bell cow": GASX.  I share this to show I'm not talking out of my behind like so many here do about politics.  My words are true, though I don't want anyone to take this as investment advice.  It's just sharing my story.

The combination of the China virus and Russia getting into an oil production war caused this ETF to spike.  I was fortunate enough to have my "play" money in it as it's a fund that was taking frequent 10-20% swings (like the ebb and tide of the sea) where I would get in, grab 5-20%, and get out.  This time, I rode it because I was hearing on social media from contacts about how the oil industry was shedding jobs and no one was talking about it.  This, is how I fared during the economic downturn with that "play" money:








I sold well before where it peaked (I think around 500.00?) so even though I made a killing, I still left some gains on the table.  You have to have nerves of steel and ice in your veins for this type of trading.

I recently converted about 25% of a handful of positive or near positive funds to cash.  I plan on looking for another bell cow EFT where I can grab a fast 10-20% to help climb out of this faster as we emerge from this.

If someone is looking for something relatively "safe," an EFT I really like is FTEC.  Technology stocks are flexing their muscle as they have weathered this well and are positioned for a strong future as businesses seek new ways of doing business.  Buffett bought a 2-3% stake in Kroger prior to the China virus.  They have accelerated innovation of their supply chain and pickup infrastructure.  I do not recommend investing in single stocks, I was just sharing that as another positive story while much of the market has taken a beating.

Again, always remember that you don't lose or gain a single penny until you press the sale button.  Buy low, sell high.  Try to hold until your underperformers come around.

---

"You do your own thing in your own time. You should be proud."

I somewhat agree with you, though I do believe that investors are anticipating bad earnings numbers, bad unemployment numbers, etc.  While I like seeing the market put up numbers like it has so far this week and while I wish for more of a "V shaped" recovery I do think that it's going to be more of a "U shape".

Having said that I don't think that the market overall will test the lows, and the gains over the last few days might be short lived.

For the most part I personally have been sitting on the sidelines with the exception of small portions in a couple of stocks and ETF's that I like.  So far they are doing well, but it's a very small portion of my portfolio.  I'm still basically 90% cash and 10% in equities so even the small gains that I am making right now doesn't really reflect on my YTD returns number.

It's just my opinion but I think if someone is looking at the long term many stocks, funds, ETF's, etc. are still basically "on sale" right now.  Imagine what the price is going to be a year from now vs. right now.

Investing is emotional as much as it is numbers.  You have to do what's comfortable for you.  The unknown can bring anxiety, as we've seen during this shut in.  If anxiety of a downturn causes you to sell (and always, ALWAYS remember that you don't lose or gain a single penny until you hit the SELL button) then you're better off waiting for smoother sailing.

As I stated earlier in the thread, there are funds that can make you money even in down times.  Timing markets rarely works.  No one knows for certain: in too soon and you may have to ride out the bottom if we're not there yet.  In to late after the upturn and you've lost a portion of the gains.

Even so, if you're investing over the long haul now isn't a bad time to up your contribution to investments in historically strong EFTs.  If you are in good funds you will have plenty of time for the market to return unless you're close to retirement age now.

Since it's been dissolved due to market volatility and replaced with a new fund, I can share what was my "bell cow": GASX.  I share this to show I'm not talking out of my behind like so many here do about politics.  My words are true, though I don't want anyone to take this as investment advice.  It's just sharing my story.

The combination of the China virus and Russia getting into an oil production war caused this ETF to spike.  I was fortunate enough to have my "play" money in it as it's a fund that was taking frequent 10-20% swings (like the ebb and tide of the sea) where I would get in, grab 5-20%, and get out.  This time, I rode it because I was hearing on social media from contacts about how the oil industry was shedding jobs and no one was talking about it.  This, is how I fared during the economic downturn with that "play" money:








I sold well before where it peaked (I think around 500.00?) so even though I made a killing, I still left some gains on the table.  You have to have nerves of steel and ice in your veins for this type of trading.

I recently converted about 25% of a handful of positive or near positive funds to cash.  I plan on looking for another bell cow EFT where I can grab a fast 10-20% to help climb out of this faster as we emerge from this.

If someone is looking for something relatively "safe," an EFT I really like is FTEC.  Technology stocks are flexing their muscle as they have weathered this well and are positioned for a strong future as businesses seek new ways of doing business.  Buffett bought a 2-3% stake in Kroger prior to the China virus.  They have accelerated innovation of their supply chain and pickup infrastructure.  I do not recommend investing in single stocks, I was just sharing that as another positive story while much of the market has taken a beating.

Again, always remember that you don't lose or gain a single penny until you press the sale button.  Buy low, sell high.  Try to hold until your underperformers come around.

Yeah I'd say you did all right lol. 

I use some of those leverages ETFs as well, but usually just following an index. Haven't done anything nearly as awesome as that though. Congrats!

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