guys.......stock market........

[boingyman]

I don't know if there will be more drops along the way but I do feel like we are going to get a bit of a rebound here. I tend to think it's going to go down overall for a little while but trying to time the rebounds is the key - I might follow suit and snag some VOO or weight to see if it his 10% drop like you said. Risky times but potentially good times!

I agree with the rebound. The question is when? Historically these type of events had no impact on the market. In fact when SARS started to come up in the news the market shot up. At the same time many suspect a correction this year so will it all roll in together? I think a more aggressive dollar cost averaging or incremental buying could be a good bet. Maybe $25k today. If it drops again another $25k the next and so forth until I put in $100k. I may even change my TSP to 100% C Fund which mimics the S&P 500 and hold it there until fall and reallocate. I'm not sold on seasonal strategies as it's based on historical events, but this might be a good time to take a risk.

 

[LHWBelt]

Can I borrow some money to invest please

Just take out a loan. Invest it all. Profit big money. Then pay back the loan. Easy peasy why are you not taking out a high interest loan right now?

 

[paddan]

It will probably be worse before it gets better. I would wait with most shares. But I have just started to short Tesla, let’s see how that goes.

 

[JAEGERX]

It will probably be worse before it gets better. I would wait with most shares. But I have just started to short Tesla, let’s see how that goes.

really? you're waiting for elon to die or something, that shit is gonna squeeze you

 

[paddan]

No doubt Tesla is going to keep crushing it. But 100% since the new year seems just too much, and I think most short sellers have already covered the worst.
But I also short the stock via warrants with fixed stop loss levels. So I won’t be able to lose more than I have invested if I am wrong.

 

[TheOneAboveAll3]

yeah shit is going down hard because of the CHINESE DEATH PLAGUE™ if anyone wants to make it big in the long run, this is the time to buy all sorts of shit

the biggest piece of shit that has ever lived in history George Soros is buying

here's what the biggest scumbag and most evil man alive snatched
https://finance.yahoo.com/news/billionaire-george-soros-snaps-3-151228222.html

Dont hate cause he is a great trader/investor and one of the best ever.

 

[JAEGERX]

Dont hate cause he is a great trader/investor and one of the best ever.

i hate him because he is a living cancer for the world, not because of his investment ideas

 

[rj144]

Buy gold bro.

 

[puppybird]

It’s not about timing the market but time IN the market

 

[aerius]

Happily sitting this one out. The past few days are like the little hiccups we got in 2007 to early 2008 before entire market collapsed. Nice trading opportunities if you're quick & nimble, but if you're thinking of investing into it I'd wait till after the waterfall collapse when everyone is crying about how they got wiped out and the market is rigged. That's when you wanna make your big long term plays.

 

[boingyman]

Happily sitting this one out. The past few days are like the little hiccups we got in 2007 to early 2008 before entire market collapsed. Nice trading opportunities if you're quick & nimble, but if you're thinking of investing into it I'd wait till after the waterfall collapse when everyone is crying about how they got wiped out and the market is rigged. That's when you wanna make your big long term plays.

There is nothing indicating a huge collapse like what happened in 2008. If anything at most there might be a correction like 2018 or a stagnant market. No one has a crystal ball so who knows.

 

[superpunch]

I'd be really nervous buying stock anytime soon with the very real chance that Bernie is going to win in a few months. All these losses will be permanent then.

 

[elreece]

I'd be really nervous buying stock anytime soon with the very real chance that Bernie is going to win in a few months. All these losses will be permanent then.

Not a chance of the losses being permanent that could possibly lead to another GFC and I do not think that is on the cards.

 

[superpunch]

Not a chance of the losses being permanent that could possibly lead to another GFC and I do not think that is on the cards.

Read through his website:

Share Corporate Wealth with Workers. Under this plan, corporations with at least $100 million in annual revenue, corporations with at least $100 million in balance sheet total, and all publicly traded companies will be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This will be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds.
https://berniesanders.com/issues/corporate-accountability-and-democracy/

And then the financial transaction tax that he supports.. look what that did in Sweden:

During the first week of the tax, the volume of bond trading fell by 85%, even though the tax rate on five-year bonds was only 0.003%. The volume of futures trading fell by 98% and the options trading market disappeared. On 15 April 1990, the tax on fixed-income securities was abolished. In January 1991 the rates on the remaining taxes were cut in half and by the end of the year they were abolished completely. Once the taxes were eliminated, trading volumes returned and grew substantially in the 1990s.
https://en.wikipedia.org/wiki/Financial_transaction_tax

This stuff will have a pretty major, permanent impact on the market.

 

[elreece]

Read through his website:

Share Corporate Wealth with Workers. Under this plan, corporations with at least $100 million in annual revenue, corporations with at least $100 million in balance sheet total, and all publicly traded companies will be required to provide at least 2 percent of stock to their workers every year until the company is at least 20 percent owned by employees. This will be done through the issuing of new shares and the establishment of Democratic Employee Ownership Funds.
https://berniesanders.com/issues/corporate-accountability-and-democracy/

And then the financial transaction tax that he supports.. look what that did in Sweden:

During the first week of the tax, the volume of bond trading fell by 85%, even though the tax rate on five-year bonds was only 0.003%. The volume of futures trading fell by 98% and the options trading market disappeared. On 15 April 1990, the tax on fixed-income securities was abolished. In January 1991 the rates on the remaining taxes were cut in half and by the end of the year they were abolished completely. Once the taxes were eliminated, trading volumes returned and grew substantially in the 1990s.
https://en.wikipedia.org/wiki/Financial_transaction_tax

This stuff will have a pretty major, permanent impact on the market.

Even if Bernie wins do you think those changes will make it through and turn into actual laws? I dont.

That being said all my holdings are on the ASX which will be impacted for sure be the US market but Should be insulated a bit if those stupid changes occur.

 

[superpunch]

Even if Bernie wins do you think those changes will make it through and turn into actual laws? I dont.

That being said all my holdings are on the ASX which will be impacted for sure be the US market but Should be insulated a bit if those stupid changes occur.

Just the possibility of the government taking 20% of your stock portfolio, or the possibility of a transaction tax, will have to be priced into the market. The impacts of these would far outstrip the GFC, so just the president even saying these things has to be taken seriously.

I don't think the taking of 20% of all your stocks would make it through. But I do think the financial transaction tax has a good possibility of being passed if the Democrats win a majority in the house/ senate though.

 

[elreece]

Just the possibility of the government taking 20% of your stock portfolio, or the possibility of a transaction tax, will have to be priced into the market. The impacts of these would far outstrip the GFC, so just the president even saying these things has to be taken seriously.

I don't think the taking of 20% of all your stocks would make it through. But I do think the financial transaction tax has a good possibility of being passed if the Democrats win a majority in the house/ senate though.

Fair point!

Ill remain optimistic of a good bounce back though!

 

[kahiljabroni]

There is nothing indicating a huge collapse like what happened in 2008. If anything at most there might be a correction like 2018 or a stagnant market. No one has a crystal ball so who knows.

Actually we have been looong over due for a major correction historically speaking. Typical bill market lasts 8 or 9 years tops. Last year was like a 40% year. PE ratios are dangerously high. The internet has brought an army of amateur investors to the market thinking they can't lose. It's actually the perfect storm for a major correction there just hasn't been a good catalyst and the corona virus was it. Everybody knew if nothing else the election would provide the volatility and we're very close so might as well sell now and wait to see of trump wins.

 

[ToxicShocker]

There is nothing indicating a huge collapse like what happened in 2008. If anything at most there might be a correction like 2018 or a stagnant market. No one has a crystal ball so who knows.

https://markets.businessinsider.com...t-since-october-coronavirus-2020-2-1028933077

https://www.thebalance.com/inverted-yield-curve-3305856

I can't find the exact number but something like 90% of the time this happens we have a recession within a few years. It happened last year

 

[rj144]

There is nothing indicating a huge collapse like what happened in 2008. If anything at most there might be a correction like 2018 or a stagnant market. No one has a crystal ball so who knows.

Aren't derivatives, which caused the whole mess in 2007, still unregulated and exponentially higher than 2007?