This has nothing to do with the spread of the coronavirus. You do not get sick from sitting on the toilet. People get sick by touching a contaminated surface (mostly doorknobs) and later touch their mouth, nose or eyes. A theory says that some viruses actually change people's behavior, making them touch their face more often. I don't have a citation for that theory, but I think it makes sense. Why would people touch their mouth eyes and ears otherwise? I don't touch my knees, for example, constantly. The best protection is to wash your hands often, and be mindful of not touching your face.
Obama started from the lowest point of a severe recession, Trump started from what the Hopium addicts call a good point.
You can rationalize it all you want, you'll still be betting against America, if the election doesn't go your way. What would you think if liberals would have pulled out of the stock market and boycotted American businesses, just to spite Trump? You'd call them the resistance and anti-American. Yet, you'll do the same thing. Somehow, when you do it is different, though?
good grief man it has nothing to do with supporting one party or the other. It's about sound financial decisions based upon policies enacted by elected officials. I don't throw good money to bad. If voters choose to go Democrat, then I'll probably buy a rental property as there will be more renters as unemployment will increase and thus wages will stagnate, making renting the only option for many. Anyway, what are liberals doing in the stock market? Shouldn't they be sharing their wealth with everyone?
Except for your emotional response, however, there is absolutely ZERO evidence that what you fear will actually come to pass. I created a thread a while ago comparing stock market performance under GOP and Dem presidents. Over the long run, the stock market did actually slightly better under Dem presidents. if you invested only under GOP presidents, which is what you propose, and pull out the money under a Dem president, you'd be much worse off than if you kept investing under ANY president. I'll give you the link, if you want.
We are at different points in life and you are doing the right thing for your age. I'm old and have low risk tolerance for most of my money. I do however have a tidy sum sitting on the sidelines earmarked for something with limited risk if a good opportunity comes along. I see this market drop as a good opportunity with limited risk.
Ofcourse I did heck I think I bought ford stock at $2.20 sold it around $17 a year later sim and GMC stock sub $4.00 there were some great buys. You have to admit it wasn't hard for the market to grow after that crash and over Obama's presidency it rose 8,000 pts in 8 years. It's rose 10,000 points in Trumps three years so like I said, you would have to be an idiot not to make money off the market during Trumps rise.
QE under the last admin drove money into the stock market. I of course joined in knowing that QE would result in a rush to equities.There were no business results, unlike now, that justified the rise but I wasn't complaining. I suggest you start a company bank rolling it yourself like I have, see what it's like to hire people and meet payroll, and worry about cash-flow every single minute. It will soon change your idealism and you'll become a realist
Hey, I am running a research lab, I know how stressful it is to pay people. You didn't expect that, did you?
Sure, you did. As anonymous posters on the internet, we can ALL be rich. And our market timing moves ALWAYS work. LOL!
Not much one can do on a roller coaster ride except try to enjoy the ups and downs. IMO, it helps to have a broad range of asset classes, so the ride doesn't shake you out altogether. I think most investors put too much faith in the stock market alone, and should have more in bonds, gold, reits, and yes, even cash. In the end, we all probably end up with similar results, but the ride is a lot smoother with a wide range of asset classes.
I think there are a lot of headwinds that are capable of swaying the markets in the next 2 quarters. Globally, the USA is in much better shape than Europe, Japan or China. That does not necessarily mean that a good number of large companies won't be impacted by their slow growth. We are still dealing with a big unknown with the coronavirus. The Fed's emergency .50 point drop in interest rates was designed to stay ahead of any threat of a recession here (see yield curves). The 10 year treasury dipped below 1%. Low bonds yields and emergency rate cuts have the effect of spooking the markets. Some of the biggest losers today were banks and credit card companies although all sectors reacted negatively. I can't tell yet if what the Fed did was the right action. Personally I would have rather they waited at least until their regular meeting and then announced at most a .25% rate reduction followed by more if fundamental economic conditions actually started nose diving.
Wow, 60% huh? Boy that sounds like a lot... Oh..... I see why you listed the percentage instead of the numbers. Nice try obama brought it up 4,400 points in 37 months. Trump brought it up 9,700 points in 37 months. Trump brought it up 55% more than obama did. Percentages aren't cool anymore are they...
I agree with everything you said, Quantum, but the latest theories regarding viral spread include the idea that the Corona virus is spread through human feces, vomit, diarrhea, and so on. When using a device like a 'squat-toilet' it is easy to see how any of these things could just splatter all over anywhere near the 'squat-toilet' and the floor area surrounding it. Imagine -- you've got your pants and underwear pulled down around your ankles and you're trying to position your butt so that you are 'aiming' directly into the mouth of the 'squat-toilet'. Now -- what if you're 'off-target' just a little bit, or, (worse), and then what if it's 'loose', and it splatters...? You see what I mean? Now -- let your imagination run wild and consider what it surely would be like if the Corona virus starting spreading among our large homeless camps! Do any of those even have anything as hygienic as 'squat-toilets'...?! Not according to all the taxpaying citizens who are raising hell about more and more homeless peoples' vomit, piss, and sh!t all over the streets of L. A., San Francisco, San Diego, Portland, Seattle, etc., etc.
Ok I'll help you. A pandemic is when something spreads across the entire world or an entire country. Right now we have 90,000 people infected out of 9.7 billion people. You can use your own critical thinking skills or you can rely on someone else to tell you how to think. Doesn't matter to me either way. That means 9 ten thousandths ( 0.0009%) of one percent of the world is infected.
