I know this isnβt sports at all, but holy cow!!!!! What the hell is going on??? Dow down 1200 points!!!
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How much money do need to take out of the stock market this month Goldie?
B B B
At least weed futures are high.
I prefer Aaron Jones rushing compared to Dow Jones.
@Dr._Bob posted:At least weed futures are high.
@Blair Kiel is super stoked about this!
Since this is Goldie I assume she is talking about June of 2020
This just inβ¦.the market goes up, the market goes down.
Rinse, repeat
@Pikes Peak posted:This just inβ¦.the market goes up, the market goes down.
Rinse, repeat
Right, but sure has been DOWN a ton more then up lately, JMHO. π«
If you can, ride it out. Over time the market always bounces back. It will get better eventually. If you cant, sucks to be you.
@DurangoDoug posted:If you can, ride it out. Over time the market always bounces back. It will get better eventually. If you cant, sucks to be you.
π
This wonβt end well.
I wonder if Aaron still believes in Bitcoin. All cryto is in the toilet too.
That's one way to get player salaries under the cap.
IBTL!
Twitter closed @ 36.85 today, Elon Musk is buying it @ 54.20. It would appear that buying Twitter today is a pretty good gamble @ a 38% profit when the sale is finalized.
@DurangoDoug posted:If you can, ride it out. Over time the market always bounces back. It will get better eventually. If you cant, sucks to be you.
Fortunately, I can ride it out for awhile. That said, thereβs times where I wonder if Iβd be better off putting my money in my socks drawer than in the market.
Yeah. Youβll only lose 8%
For those who say the market falling hasn't happened like this in many, many years, think again: "The 2020 stock market crash began on Monday, March 9, with the Dow falling 2,013.76 points to 23,851.02 (7.79%). What some labeled as 'Black Monday 2020' was, at that time, the Dow's worst single-day point drop in U.S. market history.
"On Thursday, March 12, 2020, the Dow fell a record 2,352.60 points to close at 21,200.62. It was a 9.99% drop, almost a correction in a single day.
"On March 16, the Dow placed another record, losing 2,997.10 points to close at 20,188.52. That day's point plummet topped the original October 1929 Black Monday slide of 12.93% for one session.
I had a market guy compare the stock market to a boy playing with a yo-yo walking up a hill: the market goes up and down in short bursts, but over the long haul it keeps rising.
@Floridarob posted:I wonder if Aaron still believes in Bitcoin. All cryto is in the toilet too.
What investment isnβt in the toilet. Donβt be stupid and say real estate unless you want to buy the peak.
Itβs simple. Buy Vanguard total stock market and buy it every two weeks. Thatβs it.
If you want to be crazy, buy some NASDAQ index right now.
Buying opportunity.
@michiganjoe posted:Buying opportunity.
Yes sir. I hear the sale ad... Itβs simple. The market will come back, it always does. If it doesnβt, then the money you stuffed under your mattress or bought gold coins with is entirely useless anyways.
If you think itβs not going to ever come back, invest in MREs, ammo, and water.
@Fandame posted:For those who say the market falling hasn't happened like this in many, many years, think again: "The 2020 stock market crash began on Monday, March 9, with the Dow falling 2,013.76 points to 23,851.02 (7.79%). What some labeled as 'Black Monday 2020' was, at that time, the Dow's worst single-day point drop in U.S. market history.
"On Thursday, March 12, 2020, the Dow fell a record 2,352.60 points to close at 21,200.62. It was a 9.99% drop, almost a correction in a single day.
"On March 16, the Dow placed another record, losing 2,997.10 points to close at 20,188.52. That day's point plummet topped the original October 1929 Black Monday slide of 12.93% for one session.
"From the peak on Feb. 12 to March 16, the DJIA lost 9362.90 points, a 31.7% drop." Linky here.I had a market guy compare the stock market to a boy playing with a yo-yo walking up a hill: the market goes up and down in short bursts, but over the long haul it keeps rising.
And who was president then?
The 2020 moves were pandemic-related and the market quickly recovered. What we're dealing with now is a completely different animal and if this type of thing causes you severe angst you probably shouldn't be in the markets.
The point is, there are so many things outside the purveyance of one government official when it comes to the volatility of the stock market. The war in Ukraine, for example. Watch food prices when people realize that Ukraine was a top grain producer -- and those fields aren't being managed very well right now. There is so much beyond the control of anyone that affects the stock market, especially in the global economy and global investments we have today...
Can this Dow Jones fella play WR? Asking for a friend
Nah, D. Jones falls down too easily. He gets up again, but it could take a long time to get a really good return on your investment.