Let's talk stocks and investing.
Drop some knowledge!
Drop some knowledge!
Yeah it's pretty crazy right now. It's very easy to lose your ass if you pull at the wrong time. No way to really know that without some insider trading, which we know the elected officials are great at lol.Father in law just admitted to panic selling everything he had last week. At least he owns his home. He came out well but hes older and in poor health. Said he wants his funds liquid so he can split and travel if the chances arises (after this first month of mania anyways).
Never trusted stocks myself since they can be so easily manipulated, especially after watching my 401k dive this month.
Cousins are into bitcoin mining and have a side business doing it but besides that...nope. I spend my cash on experiences lol. Should probably save a little more though.
Yeah? What are some things to look for when putting your money back in the market?Hold off. The market won't hit bottom until this virus is contained. I pulled all my money out 2 weeks before the crash hit and I'm still holding all cash in my portfolio
I think the US economy is fucked. GDP is going to crater. The market will react to that in April. That reaction will not be good. I'm guessing the market goes south of 15000. If you want to invest do it in a blue chip that pays dividends. ATT is trading at a bargain and it has a 6% dividend. That will help offset any short term market corrections.
TLDR: Buy ATT after April GDP report
Where do you guys trade?
I might be a little late to that party.Put some money into 3M
Also the ventilator manufacturersI might be a little late to that party.
Rookie. I am putting money in mortuaries.Also the ventilator manufacturers
Finally bought your own plot?Rookie. I am putting money in mortuaries.
Yup. Right next to your mom.Finally bought your own plot?
Her spot is in cypress, it’s really niceYup. Right next to your mom.
Sorry man. I didn’t know.Her spot is in cypress, it’s really nice
I got the joke, I didn’t take offense.Sorry man. I didn’t know.