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Yes except that you would want to have this in a taxable account as it provides you depletion based income which is scheduled in such a way that it offsets distributions. In a non-taxable account you would be waiving those benefits.
They're also halting production on live action movies.Impossible question to answer, to be honest. I'm just making a list of companies that I see that have good credit ratings and will/are suffering with less people buying their stuff. Disney parks will come back, but I don't know what a good price point is now, nor am I jumping to move around a ton of money at this point.
If I was to just start buying something now it would be BRK.
Now, if DIS jumped down to 50 I'd be happy to back up the truck. So, yeah, right this moment I'd love 50.
DIS as well, though I've already dipped my toe in that water. It might see spots well below 90, but I'm happy to have it there.
I read that it may see a small boost due to the expansion of DIS+ streaming services. But with park closures and halting production I don't see how it could continue to climb through the muck. I imagine they'll also announce lowered guidance for the first/second quarters due to those closures. Can't imagine the stock wouldn't see red after that as well.
Yes, it will take me a second, but someone does have more or less a basket/etf that distributes this as dividends rather than depletion designed for non profit pensions and the like.
Damn. From almost a $100 two weeks ago to $4.47. It was almost $50 on Tuesday. Then again there was a guy in the crypto thread on March 7th who said half his money was in 3x leveraged coins. Two of those are half what the were a week ago and the other is a third lower. If you are 3x leveraged and something goes down 50% do you owe someone money or is it basically worthless?
Yeah. Seems the government is finally all hands on deck here, which at least gives confidence that they are taking this thing seriously finally. Lots of shorts covering as well.
Completely IMO, but I'd hold bonds, gold, and REITs in non-taxable accounts if you can swing it.
Ouch.
Completely IMO or
if you like, but it looks like to me that we likely have way more cases out there that are so mild they aren't recognized and the numbers look worse for it. It still looks very troublesome for the elderly and health compromised.It was end of day. No limit after 3:25 either up or down.
It’s definitely not over and honestly I have more invested than in cash so I’m not hoping for more down. I just don’t think we’ve resolved anything yet so I definitely feel a bounce more than recovery.Yeah. Seems the government is finally all hands on deck here, which at least gives confidence that they are taking this thing seriously finally. Lots of shorts covering as well.
With drastic increase in testing, you will obviously see drastic increase in cases which makes me wonder how the market reacts with this news.
We're looking at about 2,100 cases in the US, with about 40 deaths, so the mortality rate has decreased significantly and is currently under 2% domestically.
I wonder what the reaction is if we come in on Monday or Tuesday and there are say 15,000 cases in the US. I mean that's a huge increase but obviously more testing = more cases. And of course the mortality rate will still be lowered, but I think the focus will be on a possible overrunning of the health care system
Again, until we get some really good news like a timeline to a vaccine or else significant decreases if the weather warms, it's going to be up/down/down/up, repeat. The swings are simply massive though which is super concerning.
Oh, and I read this was the biggest up day since 2008....which was 4 months prior to the market bottoming at a 29% decline from that high.
They did a study of 2008 market timers and found that many got out expeditiously but didn't get back in well. On the whole they did worse than buy and hold folks because of it. I expect more volatility, but definitely will be trying not to wait for the perfect time. I did get in more than I sold yesterday, so at least feel pretty good about that.
I got a crap ton in cydy but I got lucky and was all cash in my 401k besides cydy. I was all cash because I liquidated our company 401k that closed and thought market was too high to buy late 2019. I have been buying back since markwt was below 25k in increments. I still have 25% in cash. Not looking for bottom. Just value. But my wife has the hedge, besides her cydy she is still 70% cash and refuses to go in until market hits 20k or less. She pulled her money out at around 27k on the run up. Interesting times.
I thought this was common knowledge. 90%+ of the market timers here will fumble the buy-back and end up worse than the ones who ride it out.
Unless you’re good at poker. In that case, you’re winning a hell of a lot more than you’re losing.
I don't want to speak for him, but if you've been following the thread he shorted SHAK a few weeks back. It's since dropped 50%. So no, he probably has lots of shirts.
