Reaction to today's stock market

Gunfighter14e2

Hunter/trapper of Remora's
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Jul 9, 2002
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People who believe money is all that,

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Probably not. Between that and the NBA cancelling the season I predict market free fall tomorrow.

is there a good place to see which stocks pay the best dividends? I noticed today the
at Exxon pays 8.29%.

NBA, NCAA, less travel, crashing oil prices.

Eventually the employment numbers will be impacted as well.

Likely going to be pretty dicey for the next 8 to 10 months...at least.
 
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Probably not. Between that and the NBA cancelling the season I predict market free fall tomorrow.

I’m watching the oil stocks with a decent dividend as buy opportunities.
That's the beauty of dividend investing, FCF and dividend coverage....income stability even with paper capital losses....the ones losing today are the ones locking in losses by selling. There are still plenty of midstreams who are set to devour competition and cover capex and dividends....and at these prices....yes please. Successful long term investing is as much an exercise in psychology as is it math and discipline.
 
Is the US going back to the gold standard? I think it's possible.
There are some great reads about it, but from my chair I think it's relegated to a Ron Paul talking point tour than actually happening. There will be a treasury calamity one day it's unavoidable as central bankers are on a race to the bottom I think at best maybe a teeny tiny bit of each dollar bill maybe gets tied to it in some arguments. No way we go back to what it was though. Once people fully understand the circle of insanity of leaving gold backed money vs currency and deficit spending it's clear the clock is ticking towards a black hole. That's why it's crucial to not put all eggs in one basket and have options.
 
Took eight years for market to tank under Bush.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER
 
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There are some great reads about it, but from my chair I think it's relegated to a Ron Paul talking point tour than actually happening. There will be a treasury calamity one day it's unavoidable as central bankers are on a race to the bottom I think at best maybe a teeny tiny bit of each dollar bill maybe gets tied to it in some arguments. No way we go back to what it was though. Once people fully understand the circle of insanity of leaving gold backed money vs currency and deficit spending it's clear the clock is ticking towards a black hole. That's why it's crucial to not put all eggs in one basket and have options.

very well put. I agree.
 
Took eight years for market to tank.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER
Cool. In another week it might get back down to where you sold.
 
Took eight years for market to tank.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER


Eventually the market will crash is always true no matter what. You missed making a bunch of money selling out 3 years ago. Nik H is right-listening to dopey investment advice is worse then listening to dopey political advice.
 
Took eight years for market to tank.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER
So if you knew about the Corona Virus? Why did you not tell everyone?

So you are saying Trump crashed it and not Corona? Wow.
 
Lol, seriously. That’s not really the way the market works. Trump didn’t do this. Anyone who actually knows about the market could see that it was on a massively extended climactic bull run. There’s no choice except for there to be a parabolic drop. Still have room to go too before support, so it will likely go down a bit lower then consolidate somewhere around 50% (hopefully) retracement. crazy to think this is Trump’s fault.
 
Took eight years for market to tank.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER

You really do sound like a fool. The market would’ve dropped much sooner under a Clinton administration in 2017, it’s on a 7-9 year cycle so it was already due when Trump got elected. The unexpected win by Trump caused the market to rally for three years past the regular 7-9 year cycle. The market was never over 19,000 before Trump’s election in 2016, so even with the correction to 23,500 the market is still up 24% since Trump’s election. I’m not suggesting Trump is the second coming, but some people have an irrational hatred of this man who is is really doing a great job with policy. Unfortunately the same people you appear to support have been trying anything and everything to hurt the country to make Trump look bad, some of them should be convicted of treason.

if you’re pulling for a Democrat to win the presidency you are not a 2A supporter as both of their candidates want to take our rights. Their best remaining candidate, Tulsi Gabbard, is being dismissed for being too moderate in favor of a man suffering from cognitive issues who wants to hire Beto to steal our guns. The DNC‘s changing rules to keep Tulsi out of the debate, if she were allowed to participate in a three way debate with Biden and Sanders we would see a large swing of support her way.

 
You really do sound like a fool. The market would’ve dropped much sooner under a Clinton administration in 2017, it’s on a 7-9 year cycle so it was already due when Trump got elected. The unexpected win by Trump caused the market to rally for three years past the regular 7-9 year cycle. The market was never over 19,000 before Trump’s election in 2016, so even with the correction to 23,500 the market is still up 24% since Trump’s election. I’m not suggesting Trump is the second coming, but some people have an irrational hatred of this man who is is really doing a great job with policy. Unfortunately the same people you appear to support have been trying anything and everything to hurt the country to make Trump look bad, some of them should be convicted of treason.

if you’re pulling for a Democrat to win the presidency you are not a 2A supporter as both of their candidates want to take our rights. Their best remaining candidate, Tulsi Gabbard, is being dismissed for being too moderate in favor of a man suffering from cognitive issues who wants to hire Beto to steal our guns. The DNC‘s changing rules to keep Tulsi out of the debate, if she were allowed to participate in a three way debate with Biden and Sanders we would see a large swing of support her way.



My guess is he's an election year troll/plant. He's new here, posts disparagingly about President a lot, and has the true tell tale sign of "2A supporter" on full display.
 
Market is down 1600+ this morning.
whats crazy is banks have tons of liquidity there is no need for stimulus.....Dodd-Frank has lenders handcuffed just nuts. but mr. market is having a tantrum and i feel powell and co. Will have no choice but to "officially" crank the press back up next week. democrats will never give Trump a win here any legislation they come up with will be a joke In terms of helping the businesses that actually need it.
 
I feel like my wife at Macy’s....everything’s on f’ing sale! Second chance to buy more...unbelievable, I feel fortunate to have the opportunity. In 2024 at the end of Trumps 2nd term I’ll be looking back at this time and being thankful. Shame the ass hat Democrats and Commies are trying to break our country. Market corrections are healthy for long term gains way overdue...
 
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I feel like my wife at Macy’s....everything’s on f’ing sale! Second chance to buy more...unbelievable, I feel fortunate to have the opportunity. In 2024 at the end of Trumps 2nd term I’ll be looking back at this time and being thankful. Shame the ass hat Democrats and Commies are trying to break our country. Market corrections are healthy for long term gains way overdue...
You last sentence sums up why rolling statistics keep the % of people who lose money in their investment careers greater than those who make money. They can't take the ebbs and flows of their balances during down time and even worse they never take the time to understand the businesses behind the stocks/bonds they own. That leads to panic and emotionally driven rash decision making. None of it is any more difficult to learn than our interests here at The Hide......priorities.
 
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i've never invested but i have a good client who works for a broker, told him to fix me up a package with x amount of dollars i have to invest. Figured the best time is when it's down. Might go a little further down yet i'm thinking.
 
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Smart money is still mostly sitting this thing out ,Berkshire Hathaway has anything between 120- 140billion in cash and short term investments waiting for just such crash , massive FED injections into repo market so far have little effect so expect things to plumet for a while

Expect plenty such calls for socialising the loses
https://oilprice.com/Energy/Energy-General/Will-Trump-Bail-US-Shale-Out.html
 
i've never invested but i have a good client who works for a broker, told him to fix me up a package with x amount of dollars i have to invest. Figured the best time is when it's down. Might go a little further down yet i'm thinking.
Good for you the journey begins. If you put the same level of engagement into building your wealth as we do our shooting around here it will serve you well. GREAT resource with piles of free info.... literally can't spend 5 minutes there and not learn something new every day no matter who you are. May get to a point you want to manage your own money one day when you figure out many of these FA's don't know nearly what you *think* they do. They look at your age, split your money into risk buckets and send out reports all courtesy of the brokers software.

 
The market was on its way to crashing before Corona...it was just a matter of time. Stocks were way over priced.
Yeah, I guess, I am a fool for playing/gambling on the stock market. I am only +x,xxx,xxx.00 <he said modestly>
 
Unless the virus becomes serious enough to destroy trillions of dollars in worldwide GDP, this will be a correction. Otherwise it becomes a bull market. Normally bulls do not start this way. 2008 was an example of a non- typical bull. The financial meltdown down destroyed a trillion $ of GDP.
 
Took eight years for market to tank under Bush.
donald beat him out, as he likes being better than everyone.
It only took donald three years for market to tank.
After donald was elected POTUS, I sold 1/3 of my funds, I knew eventually the market would crash. Market has not hit the low. It is not the virus that is driving it lower, though it is helping.
I will be buying right after the next election.

2A SUPPORTER

That's some of the dumbest shit I have ever heard.
 
I changed my 401 K last year to be 100% S&P 500 and Small caps. I don't even invest in foreign markets anymore as they were too lazy, and I have nothing in government bond funds.

Of course this happens and I have no cash to yank out of average performing foreign funds, or bond funds to dump into the Small Caps and S&P 500.

At least I am still buying at a low rate.

If I have one piece of advice for those that are new to the market and have a money in the S&P 500 or Small Caps. Don't touch it, I know you THINK just lost your ass. But if you wait, it will come back. If you have extra cash buy S&P 500 stocks or mutual funds that are on a big downswing right now. You will right the ship. Please don't sell. Unless you like being poor or pissing away money.