I moved my 401k into a private account after starting a business 1 year ago. I never invested it into the stock market, out of laziness. It's sitting there in cash, in my account. Waiting for the market to bottom out so I can buy like crazy. This panic is awful, sure, and I'm sad, sure, but also my inner investor is salivating at being a millionaire.
Peter Lynch said never catch a falling knife. But “smart” advice says to always stay invested because most of the gains happen quickly at random times. So when you are in cash you miss most of the gains waiting to time the market. I don’t know how to reconcile both ideas. A third idea is dollar cost averaging as the stock drops.
My brother in-law went all cash months before the peak. I don’t know how he will know when to get back in.
I stayed fully invested into the peak and all the way down to here. I didn’t sell in 2008, and won’t sell here. Boy I felt great and smart and loving my president at the peak. Now I just want to ignore the balance.
I'm jumping back in maybe 6 months from now. People are testing vaccines at the moment, which means demand will outmatch supply for months and months even if we find one tomorrow. Knife will continue to fall, shit will hit the fan for at least 6 more months, then will be time to huck cash into the market I think.
This! And probably not even 3 weeks. People can only take so much hyper sensationalized stories about the same thing day after day. Even 9/11 coverage started to draw down after about 10 days as I recall. It was still in the news a lot, but I'm talking about 24-hour day to day non-stop coverage. People are catching on to the hype and will be tuning it out completely in the next week. When the media stops their BS, life will return to normal including the markets.
plenty of olympic events can still go on. like high jump....outdoors, no real contact with anything other than a pole which can be disinfected between olympians
You gotta be a troll lol. This is a superb tweet. Demonstrative that we don't solely focus on the (manufactured) negativity, thus giving it credence. We focus on the positive of everything we witness from everywhere.
Hahahaha go vote for Bernie if you want to indulge in demoralization. I don’t think POTUS needs your advice. Just because he can’t install brakes on a train doesn’t mean he can’t stop a virus.
I’m not confident in you advising me, just as I’m not confident in you advising POTUS. How smart and capable are you that you’ve suggested nothing so far? Where’s your tangible call to action? It’s a poor impersonation of taking responsibility. Go accomplish something that helps POTUS and then get back to me about how I can follow your lead. Until then, you’re being worse than useless as long as you only complain about your perceptions of other’s responsibilities.
I heard we couldn't use WHO test kits because the law required FDA approval. I also heard CDC was having problems producing the kits and Trump jumped in and got Qwest and Labcorp to make up the difference. What would you have done differently in regards to the production of the test kits?
I think testing is what it is because of reality, not Trump. The original test we had was only 70% accurate and limited in quantity. It wasn’t very sensitive.
This is a new test which is much more sensitive that had to be created, then ordered, then manufactured in quantity. Transparency into the short delays would be nice. But it was actual test shortages that caused lack of testing. The TDS faction in media has made me worry about it too.
I want to know how many hidden infected we have walking among us. But you have to step back and see that real work on this is happening. Those without TDS that aren’t on team Trump, seem to think Trump is doing a good job. Even Gavin Newsom was praising Trump. That is a good sign.
The CDC test kits they had stocked (2019-CoVn) failed to pickup the virus in some cases. They had to research+development, test and manufacture new test kits (COVID-19/SARS COV2), for them to do all this in a short time a modern day miracle.
When more test kits are available, and we do large-scale testing like SK, cases will likely increase 10 fold
Also, I work with a few Bernie Bros, they literally have been screaming that we are all going to die. This is what you sound like, thats why everyone was down voting you. And, your breaking rule #1
Follow up Tweets:
Sleepy Joe Biden was in charge of the H1N1 Swine Flu epidemic which killed thousands of people. The response was one of the worst on record. Our response is one of the best, with fast action of border closings & a 78% Approval Rating, the highest on record. His was lowest!
“The Obama White House had to immediately issue an apology for Joe Biden’s remarks, and any alarm that he might have caused, an alarm about a Swine Flu outbreak that took 6 months for President Obama to declare a National Emergency, and that killed 12,000 Americans.” @LouDobbs
Japan knows China is Asshoe. Trump didn’t call Abe to talk about Olympic venue
This is the underrated comment. Shit talking happened about China.
And Mr Vindman is not listening to the call or gonna blow Schiff’s whistle.
Good news: the Olympic venue is amazing!
Bad news: the Olympics are cancelled!
Olympians swam in Brazilian toxic water; wouldn't it be ironic if that was ok, but "you might catch lab flu" and it's all over ...
Also, Zika Virus was a thing during Rio Olympics
lol
Nothing wrong with actual equality, as long as it's not the toxic feminist shit.
Japan to hold Japan-only Olympic Games, win all medals. Good job Japan!
They could use some diversity. Mexicans are superb runners, jumpers, and swimmers.
Good tunnelers too.
Well, fuck. They need a medal!
Can any of them jump one hundred feet high?
Not without assistance from a landmine.
🤣🤣🤣🤣🤣🤣🤣
Went there wondering if the top comment would be a terminal TDS screecher rambling about coronavirus, was not surprised.
There just to hear themselves scream. Buncha cucks, I tell ya....
GEOTUS gets it. The corona fever pitch is absolutely insane. It’s okay to talk about something non-corona. Lord these people are relentless.
I moved my 401k into a private account after starting a business 1 year ago. I never invested it into the stock market, out of laziness. It's sitting there in cash, in my account. Waiting for the market to bottom out so I can buy like crazy. This panic is awful, sure, and I'm sad, sure, but also my inner investor is salivating at being a millionaire.
Enjoy the ride my friend. When this subsides it’ll be like a forest after a fire, ripe for growth.
Peter Lynch said never catch a falling knife. But “smart” advice says to always stay invested because most of the gains happen quickly at random times. So when you are in cash you miss most of the gains waiting to time the market. I don’t know how to reconcile both ideas. A third idea is dollar cost averaging as the stock drops.
My brother in-law went all cash months before the peak. I don’t know how he will know when to get back in.
I stayed fully invested into the peak and all the way down to here. I didn’t sell in 2008, and won’t sell here. Boy I felt great and smart and loving my president at the peak. Now I just want to ignore the balance.
I'm jumping back in maybe 6 months from now. People are testing vaccines at the moment, which means demand will outmatch supply for months and months even if we find one tomorrow. Knife will continue to fall, shit will hit the fan for at least 6 more months, then will be time to huck cash into the market I think.
People will realize how much of a fucking joke this is in 2-3 weeks max. People don't have time for this bullshit. Gonna backfire on dems HUGE.
This! And probably not even 3 weeks. People can only take so much hyper sensationalized stories about the same thing day after day. Even 9/11 coverage started to draw down after about 10 days as I recall. It was still in the news a lot, but I'm talking about 24-hour day to day non-stop coverage. People are catching on to the hype and will be tuning it out completely in the next week. When the media stops their BS, life will return to normal including the markets.
Now is an excellent time to learn. I'd say you have at least 3 months before the market bottoms out. All the resources to learn are available to you.
I’m still surprised just how thinly this man spreads himself for the betterment of America and the world.
Japan is our friend. Fuck China.
China is asshoe
All the better to see America win a bunch of gold medals!
One Great World Leader complimenting another Great World Leader
Honest Abe
Olypics is corrupt and disgusting. To hell with it.
Yeah, let it die
Rock on Mr. President Sir !!!
Japan, South Korea and Italy all sucked the dick of China.
plenty of olympic events can still go on. like high jump....outdoors, no real contact with anything other than a pole which can be disinfected between olympians
So the Olympics are on then, I take it?
This sounds like it was translated from Japanese to English.
That’s really a short straw to get.
Real talk, with NBA season suspended, are we having an Olympics?
Puts on the Nikkei 225 confirmed
You gotta be a troll lol. This is a superb tweet. Demonstrative that we don't solely focus on the (manufactured) negativity, thus giving it credence. We focus on the positive of everything we witness from everywhere.
Key word SOUND
I think he is shaking or it could be epilepsy.
So all tweets have to be about corona-virus or the stock market? I don't follow your logic.
Stop watching Fox and CNN. LOL.
No, there doing they are doing a great job. They know what’s going on, and how to handle it. The hysteria is what is doing the damage
Hahahaha go vote for Bernie if you want to indulge in demoralization. I don’t think POTUS needs your advice. Just because he can’t install brakes on a train doesn’t mean he can’t stop a virus.
I’m not confident in you advising me, just as I’m not confident in you advising POTUS. How smart and capable are you that you’ve suggested nothing so far? Where’s your tangible call to action? It’s a poor impersonation of taking responsibility. Go accomplish something that helps POTUS and then get back to me about how I can follow your lead. Until then, you’re being worse than useless as long as you only complain about your perceptions of other’s responsibilities.
My first solution is to ignore you. I think a lot of people, the best people will agree with me. Maybe you should give it a try.
Deport this concern troll motherfucker
I heard we couldn't use WHO test kits because the law required FDA approval. I also heard CDC was having problems producing the kits and Trump jumped in and got Qwest and Labcorp to make up the difference. What would you have done differently in regards to the production of the test kits?
How do you know if it could have been repealed immediately? When was it repealed?
Get lost concern troll
Maybe there's some TDS at CDC and they "accidentally" made flawed kits last month, in effect to make people like you blame Trump
I think testing is what it is because of reality, not Trump. The original test we had was only 70% accurate and limited in quantity. It wasn’t very sensitive.
This is a new test which is much more sensitive that had to be created, then ordered, then manufactured in quantity. Transparency into the short delays would be nice. But it was actual test shortages that caused lack of testing. The TDS faction in media has made me worry about it too.
I want to know how many hidden infected we have walking among us. But you have to step back and see that real work on this is happening. Those without TDS that aren’t on team Trump, seem to think Trump is doing a good job. Even Gavin Newsom was praising Trump. That is a good sign.
This 100%
The CDC test kits they had stocked (2019-CoVn) failed to pickup the virus in some cases. They had to research+development, test and manufacture new test kits (COVID-19/SARS COV2), for them to do all this in a short time a modern day miracle.
When more test kits are available, and we do large-scale testing like SK, cases will likely increase 10 fold
Also, I work with a few Bernie Bros, they literally have been screaming that we are all going to die. This is what you sound like, thats why everyone was down voting you. And, your breaking rule #1