The 2nd wave may have started

Discussion in 'Sound Off' started by wpmisport, Oct 22, 2020.

  1. Chessieman

    Chessieman

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    Pretty dark alley in the stock market after the election, be pretty hard to think it would still be straight and lighted.
     
    jiggin is livin likes this.
  2. Chessieman

    Chessieman

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    Why gamble, be safe, what percentage are you going to lose if you pull out for a month?
     

  3. wpmisport

    wpmisport

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    Thinking this thread is more important than the 4 to 5 political post on the first two pages. Probably time to look it up. Darn.
     
    jiggin is livin likes this.
  4. Tracker83

    Tracker83 Premium Member

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    TWSS
     
  5. d_rek

    d_rek

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    I still have a lot of time to invest and the hassle of pulling the money out doesn't appeal to me... and I just don't see how the market doesn't come surging back regardless of who ends up in office, or even if this current recession is prolonged.
     
  6. Gillgitter

    Gillgitter

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    Now that was a good one. :lol:
     
  7. Shoeman

    Shoeman Mod

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    Oh Boy!

    A thread where I can insert (candidate) and or affiliation along with a distain for our State leadership...

    WTF's wrong with you guys?

    Now why did the mods close this one? :Modified_ :coco:
     
    eggfly, wpmisport and tincanary like this.
  8. Far Beyond Driven

    Far Beyond Driven

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    I can literally move money within my accounts in less than five minutes. This hassle would have saved me six digits had I done it in April.
     
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  9. Dreamchaser

    Dreamchaser

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    Don’t be a party pooper!! :nana-party:
     
    Shoeman and jiggin is livin like this.
  10. jiggin is livin

    jiggin is livin Premium Member

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    Why, he isn't wrong....

    No, it wasn't.

    Possibly. But, I am good with a fire sale for a while. I am young enough.

    Absolutely 100% is. Can confirm!

    And it is all directly related to everyone of us, more so than it is political.

    I am getting sick of the "it's political" bitching about stupid stuff, like COVID.
     
  11. 6Speed

    6Speed Premium Member

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    LOL, done week before last. Uncertainty will happen no matter what happens and the market will get squirrely...
     
  12. sureshot006

    sureshot006 Staff Member Mod

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    Sorry man... forum rules.
     
  13. d_rek

    d_rek

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    I can pull my retirement accounts with no penalty right now... am I missing something? Should I be parking that money somewhere else right now? Just feels like i've been here, done that already and it always bounces back.
     
  14. Tom (mich)

    Tom (mich) Premium Member

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    If you're not looking to cash in and retire in the relative short term, there's no reason to panic and start moving money around.
     
  15. piketroller

    piketroller

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    The market (assuming you are invested mostly in U.S. markets) bottomed in March. They were coming back by April, but still down quite a bit from the historical highs of early February and a lot lower than were the markets are now. Selling in April and parking the money in cash equivalents would have been a textbook example in hindsight of locking in losses. Maybe your exposure is heavy in specific stocks that performed very differently than the Dow and S&P indices.
     
    perchjerker, Scott K, bjacobs and 2 others like this.