Sheriff Bart
Footballguy
*sigh* :(
I remember when you could get 4-5% on a lousy savings account.This. It's a almost impossible to make a decent return in relatively safe instruments these days.
The days of going with my grandmother to roll over her 4% CDs is long gone.
Yeah back in 1998.I remember when you could get 4-5% on a lousy savings account.
And the stock market returns sucked compared to the last couple years.I remember when you could get 4-5% on a lousy savings account.
I did, but it was the wrong kind of cds. Should have stuck with vinyl.Should have put all my non-money into CDs back when I was first starting out.
Supply and demandI remember when you could get 4-5% on a lousy savings account.This. It's a almost impossible to make a decent return in relatively safe instruments these days.
The days of going with my grandmother to roll over her 4% CDs is long gone.
I have been in stocks since 1987....best investments I have ever made in my life. Anyone who tells you good high quality stocks are a bad investment has absolutely no clue about investing......at all. Who ever tells you buy and hold on high quality stocks does not work has no clue.And the stock market returns sucked compared to the last couple years.
Should have put all my non-money into CDs back when I was first starting out.
My first savings account back in the 70's I was getting 14%.I remember when you could get 4-5% on a lousy savings account.
Looked more like a lunch time trading volume uptick toot.Nope. It was the real deal.
Only around 500 points from my postHere NREC sits, all broken hearted...
Because the markets didn't dump huge today,
They only farted!
- Beef Frost, 2020
You sound worried, brahHere is a lesson for you guys, don't follow NREC34 advice. He posted the above on May 31, 2019 when the S&P 500 closed at 2752. Today it sits at 3122, up 370 points or 13.44% in just 9 months. NREC sitting in cash has been a mistake.
While I agree that one shouldn't follow any particular random person's advice on the internet, it's reasonable to be concerned after the market drops 3%+ on consecutive days. Hasn't happened many times, and is a decent reason for considering what comes next.Here is a lesson for you guys, don't follow NREC34 advice. He posted the above on May 31, 2019 when the S&P 500 closed at 2752. Today it sits at 3122, up 370 points or 13.44% in just 9 months. NREC sitting in cash has been a mistake.
Damn it, now you tell me!one shouldn't follow any particular random person's advice on the internet
Quite the opposite. This is where you nibble on great stocks being sold off on panic news. These types of events are opportunities. I am not saying I am taking this news lightly. It is concerning. But at some point you gotta take some shots here and grab some great companies.Oh I agree it is concerning short term but if you have a long term outlook you should not be selling.
Anyone take my advice on these stocks?There are some pretty good swing trades available in the coronavirus sector these days.
CODX makes a test kit that costs $20 a pop.
VXRT is working on a vaccine....
SELL SELL SELL SELL SELL SELL!!!!!!Anyone take my advice on these stocks?
CODX currently up 144% for the day.
VXRT currently up 55% for the day.
Looks like mama will get her new shoes!
I did sell and had one of my best days ever. Looks like I was just in time as CODX is dropping like a stone right now....SELL SELL SELL SELL SELL SELL!!!!!!
Nice call man.
VXRT is dropping too. Some crazy looking charts for these two stocks.I did sell and had one of my best days ever. Looks like I was just in time as CODX is dropping like a stone right now....
Yeah, trading halted on CODXVXRT is dropping too. Some crazy looking charts for these two stocks.
Futures are down bigly.Microsoft already warning they won't hit Windows sales forecast. I'm sure there will be plenty more.
I think my first home mortgage was about 14 percent.Sheriff Bart said:My first savings account back in the 70's I was getting 14%.
Was just reading about that. Does make me wonder who else (how many) will miss, and how much has the big money on WS already factured that in. I like to believe that by the time I'm reading about it, WS has already reacted. But this is tougher to predict and could linger until the next round of actuals.Microsoft already warning they won't hit Windows sales forecast. I'm sure there will be plenty more.
The interest rate giveth and it taketh away.I think my first home mortgage was about 14 percent.
GDPNow release will be tomorrow. It'll be interesting to see what's up.Was just reading about that. Does make me wonder who else (how many) will miss, and how much has the big money on WS already factured that in. I like to believe that by the time I'm reading about it, WS has already reacted. But this is tougher to predict and could linger until the next round of actuals.
Todem said:Quite the opposite. This is where you nibble on great stocks being sold off on panic news. These types of events are opportunities. I am not saying I am taking this news lightly. It is concerning. But at some point you gotta take some shots here and grab some great companies.
Same.Sneegor said:I have been buying some VTI, AAPL, and MSFT the past few days.
Our first home was 15% (Eagan) but developer paid 25 points to get the interest down to 12.5%.I think my first home mortgage was about 14 percent.
Just saw that on CNBC. Now my problem is when I start buying like Billy Ray Valentine.
I’m not fast or slow. I just hold. So I can’t really play in this thread or have anything to say beyond follow the news, though obviously as such an investor I just want the economy to do well and my stocks to do well.Just saw that on CNBC. Now my problem is when I start buying like Billy Ray Valentine.
Looking good Billy Ray.Just saw that on CNBC. Now my problem is when I start buying like Billy Ray Valentine.
Maybe. Expert on this morning said they probably should but should also probably wait because what happens if they cut and things get even worse? The Fed can't just keep cutting then it looks like they are panicking.Fed has to be coming to the table with more rate cuts?
The 10 Year is at 1.27 right now. Fed Funds is at 1.58. Yeah, the Fed needs to signal they are cutting soon.Fed has to be coming to the table with more rate cuts?
will not help and they know it.Fed has to be coming to the table with more rate cuts?
I'm in a position to buy and have been holding off. Not sure how much longer I can wait.I actually prefer this than the market starting up in the morning. If it rallies I have more conviction to buy.
If only during the greatest economy ever they would've built in a little more wiggle roomFed has to be coming to the table with more rate cuts?
Sure, now you think of this.If only during the greatest economy ever they would've built in a little more wiggle room
Yep. Horrible plan not raising rates back then. When that rate hike rocked the markets they should have manned up and said 'too bad'. I mean a single rate hike drops the market until they said, 'oh...waah waah we will take it back, stock market, you own us'. Idiots. The markets would have recovered anyway without taking them back. Now they got no ammo but HAD a rockin stock market. Now they got neither and people are not even feeling the stock market pain YET. Panic could be coming.If only during the greatest economy ever they would've built in a little more wiggle room
And GDPNow went up today. Not looking good for a cut.will not help and they know it.
Depends on the stock in question, I'd imagine.I'm in a position to buy and have been holding off. Not sure how much longer I can wait.
Who would have thought there could be a downturn in the economy? Nobody, that's who.Sure, now you think of this.If only during the greatest economy ever they would've built in a little more wiggle room
Stock market isn't the economy... but the economy will falter as well.Who would have thought there could be a downturn in the economy? Nobody, that's who.
How could the greatest economy ever turn so quickly?Who would have thought there could be a downturn in the economy? Nobody, that's who.