get at it while it's only up 10%
CoVID-19
Don't forget to buy stock in beer/liquor/gambling operations for the downturn!
No.
Hesitated and now it’s closed. Monday.
If we die, it won’t matter. Win Win.
I doubled down on the crisis and went in on oil too.
Trump - “ Or worse. It could get worse.”
That's like reading the comments section.i'm a sucker for punishment and looked at my 401k. YTD -22.47%.
frankly i was expecting bigger losses.That's like reading the comments section.
So... win?
numbers from italy as of yesterday:
My play account is comical right now. Dumped virtually everything 3-4 months ago, moved my original capital and some profit out of then bought shiny new stocks a few weeks back, lets just say that was an inideal time to buy Boeing. Account is down 37% since reshuffling a month ago, thinking I won't have to worry about short term gains tax, so I've got that going for me
These youngsters haven’t lost a dime in the retirement accounts they haven’t been able to afford to establish. I don’t hear them crowing how they’re doing 25% better than those of us with struggling investments.
-21.88 YTD
Is this what #winning looks like?
Edit: AND I work for an airline that lost 27% yesterday.
Is this what #winning looks like?
Edit: AND I work for an airline that lost 27% yesterday.
Talked to my broker today.
Will buy steel and energy stock. Price to earning has dropped to 4.x in Peru with the new prices.
Mining stock (China is the biggest market) has dropped to 3.x PER. Just a matter of waiting for the rebound for 25%+ yearly returns... like the ones had 15 years ago at my local stock market.
Am selling the AMG to invest. Going balls deep.
I just did the math on how much I've "lost". I mean, I know you don't lose anything unless you sell, and I still have at least 20 years till retirement, but:
Meanwhile in Massachusetts
Perhaps I can make you feel a little better:I just did the math on how much I've "lost". I mean, I know you don't lose anything unless you sell, and I still have at least 20 years till retirement, but:
A gentleman, only discusses percentages.
FactChecking Trump's Coronavirus Address - FactCheck.org
In a short primetime address, President Donald Trump provided false, misleading and incomplete information about the new coronavirus and actions his administration has taken or will take to staunch its spread.
www.factcheck.org
TL:dr
Full of shit, as usual
Sounds like y'all have a great motivation to buy a new bike or the new Push shocker as those can't be losing value as quickly.
Not if you're trying to make others feel better.A gentleman, only discusses percentages.
"compassionate wealth-displaying humblebrag"Not if you're trying to make others feel better.
Company just announced that, worldwide, all headquarters, engineering offices, group offices and the like are to work from home until end of March. Oddly they exclude China from these restrictions...
Earlier this week there was discussions revolving around what happens when they run out of our 4000 RSA tokens. I think they did...
Anyways.....work as usual here.
At least the beer isn't being pillaged yet.
Earlier this week there was discussions revolving around what happens when they run out of our 4000 RSA tokens. I think they did...
Anyways.....work as usual here.
At least the beer isn't being pillaged yet.
It's true that I'm not down that much. But you are WAY older than me.Not if you're trying to make others feel better.
Ordered gold today. But not for investments, well not mine anyway, just trying to keep other men's wives happy during the apocalypse.
I have been wanting to follow up to my previous post, but work and work travel have been keeping me away.
To clarify for those who accused me of being "one of those" who are making things worse by not taking this seriously enough. Take a deep breath. I am taking it seriously. In fact, in my day to day I find that I am the one who most strongly admonishes my peers and anyone with whom I have contact that this situation needs to be taken very seriously. I was horrified this week at how many people wanted to shake hands at the beginning and end of meetings. "Oh, I wasn't even thinking about that?" To which I really wanted to answer, "have you been living under a rock or do you think being and upper middle class white man will save you?" Alas, I was meeting with customers...
Back to the point at hand, two things we don't need in my opinion are panic or blind acceptance of the scenarios being presented to us. Thus, my earlier questions about infection rates and numbers relative to the flu. Something about the scenarios that we are seeing still does not pass my sniff test. Acting to minimize risk at all turns WHILE viewing every piece of information presented with healthy skepticism is my m.o.
To that end, I have a new question for COVID-19monkey.com. (Btw, I present this question to the Monkey, because I find the demographic here is, while very narrow, interesting and at times insightful. It also happens to be a demographic that fit I in.)
When looking at total cases in China as a function of time, it is reported to have slowed significantly (d/dt near zero for both linear and log) around Feb 19. Further, when looking at active cases, the data shows that China peaked around Feb 17 at 60k active cases and is currently decreasing. This peak seemed to occur after 4 weeks. The starting point is a little vague, because the first data point is at 500 cases for PRC. Charts for other countries start the timelines at single digit case counts. Nonetheless, if the behavior of the virus is independent of culture (bad assumption, but more on that later / that's the point maybe), should all countries be expecting a plateau at the 4-6 week point?
(source: https://www.worldometers.info/coronavirus/country/china/)
If the answer is "yes, we should expect a plateau at that time," why are we still predicting cases in the millions? Viewing the data per capita the USA should have far less than the 80k total cases seen in PRC. Not great for our medical or economic system, but certainly not doomsday.
If the answer is "no, we shouldn't expect a plateau similar to the Chinese one," my question is why?
Are China and the WHO lying to us? Why? PRC I can understand, but the WHO has no motive to lie. (Unless you buy into the rightwing mouthbreather trope...)
Are we doing things differently than China? Obviously, the answer is yes, but perhaps -gasp- the Chinese are doing things correctly. Maybe we do need significant curtailment of our Freedumbs to save us. Maybe for-profit healthcare and insurance institutions are not in the best interest of Murica. Perhaps we need to be more concerned about our health and that of our neighbor than our vacation plans and 401ks. Radical shit. I know.
Apologies that my second post of the year is shrill rant, but I feel that I am surrounded by people who either dismiss the situation in its entirety (it's a hoax / overblown by the media) or people who are worried about all the wrong things (Oh no, my sales bonus, stocks, 401k, vacation plans, etc! / I better buy TP by the cubic yard).
To clarify for those who accused me of being "one of those" who are making things worse by not taking this seriously enough. Take a deep breath. I am taking it seriously. In fact, in my day to day I find that I am the one who most strongly admonishes my peers and anyone with whom I have contact that this situation needs to be taken very seriously. I was horrified this week at how many people wanted to shake hands at the beginning and end of meetings. "Oh, I wasn't even thinking about that?" To which I really wanted to answer, "have you been living under a rock or do you think being and upper middle class white man will save you?" Alas, I was meeting with customers...
Back to the point at hand, two things we don't need in my opinion are panic or blind acceptance of the scenarios being presented to us. Thus, my earlier questions about infection rates and numbers relative to the flu. Something about the scenarios that we are seeing still does not pass my sniff test. Acting to minimize risk at all turns WHILE viewing every piece of information presented with healthy skepticism is my m.o.
To that end, I have a new question for COVID-19monkey.com. (Btw, I present this question to the Monkey, because I find the demographic here is, while very narrow, interesting and at times insightful. It also happens to be a demographic that fit I in.)
When looking at total cases in China as a function of time, it is reported to have slowed significantly (d/dt near zero for both linear and log) around Feb 19. Further, when looking at active cases, the data shows that China peaked around Feb 17 at 60k active cases and is currently decreasing. This peak seemed to occur after 4 weeks. The starting point is a little vague, because the first data point is at 500 cases for PRC. Charts for other countries start the timelines at single digit case counts. Nonetheless, if the behavior of the virus is independent of culture (bad assumption, but more on that later / that's the point maybe), should all countries be expecting a plateau at the 4-6 week point?
(source: https://www.worldometers.info/coronavirus/country/china/)
If the answer is "yes, we should expect a plateau at that time," why are we still predicting cases in the millions? Viewing the data per capita the USA should have far less than the 80k total cases seen in PRC. Not great for our medical or economic system, but certainly not doomsday.
If the answer is "no, we shouldn't expect a plateau similar to the Chinese one," my question is why?
Are China and the WHO lying to us? Why? PRC I can understand, but the WHO has no motive to lie. (Unless you buy into the rightwing mouthbreather trope...)
Are we doing things differently than China? Obviously, the answer is yes, but perhaps -gasp- the Chinese are doing things correctly. Maybe we do need significant curtailment of our Freedumbs to save us. Maybe for-profit healthcare and insurance institutions are not in the best interest of Murica. Perhaps we need to be more concerned about our health and that of our neighbor than our vacation plans and 401ks. Radical shit. I know.
Apologies that my second post of the year is shrill rant, but I feel that I am surrounded by people who either dismiss the situation in its entirety (it's a hoax / overblown by the media) or people who are worried about all the wrong things (Oh no, my sales bonus, stocks, 401k, vacation plans, etc! / I better buy TP by the cubic yard).
1. they ordered total isolation of large swaths of population. Looks at the pictures of cities with boarded up streets
2. they built 15 hospitals on the fly to deal with the 20% of patients needing ventilators and IC
Unless the US manages to accomplish a similar feat, I see little chance that our final numbers will look as good as that of China.
This. The former group of people mentioned by @chuffer (overblown/deniers/hoax) will probably be instrumental in making the numbers worse.