Stock Market/Investing

[knoxville7]

I bought a small stock today just before the close. If it becomes apparent over the next few weeks that Sanders will be the Democratic candidate I would become much more concerned. Not because he would win, but MSNBC and CNN would start displaying polls showing that Sanders is way ahead in the polls. This might in itself cause a massive decline.

Personally, I think the whole Bernie winning = stock market collapse thing is overblown. Certain sectors could see declines(financial/healthcare come to mind), but overall I wouldn’t anticipate much changing. He will still have Moscow Mitch running the senate to prevent anything from actually happening.

 

[MDB111™]

Cept I didn't qualify my statement around TOMORROW nor did I say they need to keep it in a minimum of 12 months.

I said they should assume they may need to leave their money in for 12+ months in anticipation of a worst case scenario where they buy in and the market continues to drop.

Bottom line, don't put money in unless you can live with the worst case downsides, one of which would be sitting on a position for 12+ months until the market surges back to a profit point.

Not sure why you keep reading nonsense I didn't say.

Apologies. Comprehension is my nemesis at times on here.

 

[BearFanJohn]

No because it would be an extremely bad time to run for re election in the middle of a full blown pandemic after you had cut funding to the pandemic response team. I hope for everyone involved this doesn't happen but the outlook on the virus isn't exactly encouraging.

This. Dipshit Trump was in the process of cutting CDC funding (and response team) in the face of a possible pandemic. But because he, and his dipshit followers, don’t understand science (or simple math).

 

[Omeletpants]

I bought a small stock today just before the close. If it becomes apparent over the next few weeks that Sanders will be the Democratic candidate I would become much more concerned. Not because he would win, but MSNBC and CNN would start displaying polls showing that Sanders is way ahead in the polls. This might in itself cause a massive decline.

Dont worry Sanders has zero chance of becoming President

 

[BearFanJohn]

So three weeks ago you posted this:



Does your Vanguard broker by chance work at an Audi Dealership?

Crickets.

 

[Hawkeye OG]

Personally, I think the whole Bernie winning = stock market collapse thing is overblown. Certain sectors could see declines(financial/healthcare come to mind), but overall I wouldn’t anticipate much changing. He will still have Moscow Mitch running the senate to prevent anything from actually happening.

The stock market is very psychological. If Bernie were to win (or any Democrat really), I imagine we would see a fairly significant drop across the board.

 

[Penny Traitor]

The stock market is very psychological. If Bernie were to win (or any Democrat really), I imagine we would see a fairly significant drop across the board.

Not my area of expertise, but it feels like there is always a drop following a change at the White House.

 

[Omeletpants]

This. Dipshit Trump was in the process of cutting CDC funding (and response team) in the face of a possible pandemic. But because he, and his dipshit followers, don’t understand science (or simple math).

Trump just asked for 2.5B of extra funding for fighting this virus. DUH

 

[HeHateMe]

Trump just asked for 2.5B of extra funding for fighting this virus. DUH

How much are your money managers predicting your returns to be in 2020 this week?

 

[Omeletpants]

How much are your money managers predicting your returns to be in 2020 this week?

The funny part is that I even want guys with no money (like you) to kill the market

 

[HeHateMe]

The funny part is that I even want guys with no money (like you) to kill the market

Even more hilarious is the fact you can't take money with you to hell.

 

[SilenceS]

Even more hilarious is the fact you can't take money with you to hell.

 

[knoxville7]

Down almost 900 more points today...get your bargain shopping ready!

 

[Burque]

Even more hilarious is the fact you can't take money with you to hell.

Imagine losing over 6% of your fortune in two days while surviving in adult diapers in Elgin in 2020....

 

[Scoot26]

We going down down baby.

 

[BaBaBlacksheep]

Everyone get ready..... time to do the Pandemic Slide!

 

[knoxville7]

Haha I’m not too worried just yet. It’s still basically the same as the flu. There will be some more downside risk still, but nothing too crazy, I don’t think. You’ve got companies like Moderna, developing a vaccine for corona virus...already shipping off its first batch of the vaccine for human use

 

[BaBaBlacksheep]

Haha I’m not too worried just yet. It’s still basically the same as the flu. There will be some more downside risk still, but nothing too crazy, I don’t think. You’ve got companies like Moderna, developing a vaccine for corona virus...already shipping off its first batch of the vaccine for human use

Even at emergency rates they said it wouldn't be ready for another year to 18 months. And it's certainly NOT the flu. Much higher mortality rate.

 

[knoxville7]

Even at emergency rates they said it wouldn't be ready for another year to 18 months. And it's certainly NOT the flu. Much higher mortality rate.

Right, but the point is that within a year or so we will have a vaccine for it. That will calm investors and minimize the damage to the markets, as markets have a habit of over reacting to both positive and negative news.

And it IS a strain of the flu. Just because it has a higher mortality rate, doesn’t change the fact. The mortality rate is roughly 3%, so while higher than the normal flu, it’s not quite killing people at a rate to cause global panic. Yes, it’s sad people are dying...but let’s keep a little perspective

 

[Chief Walking Stick]

I'm not budging yet... but I do have a pile of cash off to the side that I luckily took out of the markets about a month ago. Not claiming any insight, I just got lucky.

I am hoping Apple gets closer to 200/share with the factories being closed... if that happens, I'm all in.