Investing

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ShelC
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Joined: Fri Feb 28, 2014 6:00 am

Re: Investing

Post by ShelC »

So what do we think? Is the bottom in yet?

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Cap
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Joined: Sun Mar 23, 2014 6:08 pm

Re: Investing

Post by Cap »

ShelC wrote:
Wed Apr 22, 2020 5:59 pm
So what do we think? Is the bottom in yet?
http://www.ask8ball.net/

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ShelC
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Re: Investing

Post by ShelC »

"Signs point to yes".

Time to buy!

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Superbone
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Joined: Wed Feb 26, 2014 11:44 am
Location: Escondido, CA (Phoenix Native)

Re: Investing

Post by Superbone »

ShelC wrote:
Wed Apr 22, 2020 5:59 pm
So what do we think? Is the bottom in yet?
No way to know. I’d like to think we’re already past it. March 23rd was the bottom so far which is nearly a month ago. We’ve actually recovered quite a bit since then. If a second wave of the pandemic hits (maybe due to all these idiots in a big hurry to get back out there), it could sink even lower though.

Fingers crossed.
Wormwood/Superbone 2019/2020 season bet: Suns win < 30 games, Wormwood wins, else 'Bone wins. 1 month avatar shame starting July 1st of winner's choosing. ACCOMPLISHED! 34 wins in a shortened season! Like it mattered. We rarely see Wormwood anyway!

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Nodack
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Re: Investing

Post by Nodack »

My wife thinks it’s time to buy. I think we may see a surge a little and then once the sheer magnitude of the FUness to the economy along with unemployment rates, housing start and all that talk of a recession worse than the Great Depression happens we may see some seriously low numbers. We are just printing a crap load of money and handing it out. Doesn’t that have consequences? I am pretty scared that I left mine “all in”. I hope world banks don’t fail and money becomes kindling. Watch gold go through the roof.

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Superbone
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Location: Escondido, CA (Phoenix Native)

Re: Investing

Post by Superbone »

Nodack wrote:
Thu Apr 23, 2020 12:08 am
My wife thinks it’s time to buy. I think we may see a surge a little and then once the sheer magnitude of the FUness to the economy along with unemployment rates, housing start and all that talk of a recession worse than the Great Depression happens we may see some seriously low numbers. We are just printing a crap load of money and handing it out. Doesn’t that have consequences? I am pretty scared that I left mine “all in”. I hope world banks don’t fail and money becomes kindling. Watch gold go through the roof.
Don’t be scared. You have time on your side. Eventually, it will recover and then some. I can easily envision the Dow Jones at 40,000+ in 10 years from now.
Wormwood/Superbone 2019/2020 season bet: Suns win < 30 games, Wormwood wins, else 'Bone wins. 1 month avatar shame starting July 1st of winner's choosing. ACCOMPLISHED! 34 wins in a shortened season! Like it mattered. We rarely see Wormwood anyway!

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Indy
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Re: Investing

Post by Indy »

About a month ago I moved a nearly flat mutual fund into some stocks when I though things were pretty much at the bottom. So far about a 28% increase, so I am hoping that keeps up.

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