You literally have loss less then a year of gains and a chunk of the loss this week was because of the price war between the Saudis and the Russians on oil.
Seriously. Once this thing is over the markets will soar. Everyone should use this time of manufactured panic to dump as much money as they can into the market.
It’ll bounce back. But when nothing is made in America and all the raw materials are manufactured in China. And they close their biggest cities. Then things sort of stop. We are at the stop light of a global economy, we are using gas and not going anywhere. But once the light turns green (few months), it’s going to soar back up.
Honestly, I have contributed nothing to it -- the company I was at put in a $900 starter as a Christmas bonus -- it was at almost $3,000 a few weeks ago (Thanks, Trump)
My 401k is slowly crashing down.... I feel like this whole coronavirus panic is a perfect excuse to fuck up Trump's awesome stock market trends....
Your 401k is at the level it was in 2019.
You literally have loss less then a year of gains and a chunk of the loss this week was because of the price war between the Saudis and the Russians on oil.
It will bounce back to 28k within a month of two.
Seriously. Once this thing is over the markets will soar. Everyone should use this time of manufactured panic to dump as much money as they can into the market.
It’ll bounce back. But when nothing is made in America and all the raw materials are manufactured in China. And they close their biggest cities. Then things sort of stop. We are at the stop light of a global economy, we are using gas and not going anywhere. But once the light turns green (few months), it’s going to soar back up.
Thank you for making me feel better :)
Honestly, I have contributed nothing to it -- the company I was at put in a $900 starter as a Christmas bonus -- it was at almost $3,000 a few weeks ago (Thanks, Trump)
Yep - buy more now. The stock market is on sale!
And, don't sell and you lost nothing.
Remember Dow was at 18.000 before the election. When this crisis is over the stock market will sky rocket
People are already tired of this manufactured crisis and can't wait to spend some money
As for myself I see a buying opportunity...like the last time the Dow went under 8,000 when I bought lots of mutual funds and made a nice ROI.