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stocks in meltdown mode

Debating with the enemy


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Old 03-12-2020, 11:42 AM   #1
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stocks in meltdown mode

Figured we could cry in our beers here

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Old 03-12-2020, 11:47 AM   #2
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Re: stocks in meltdown mode

Not even looking at my 401K. Ignorance is bliss.

But FU China!
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Old 03-12-2020, 07:28 PM   #3
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Re: stocks in meltdown mode

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Not even looking at my 401K. Ignorance is bliss.

But FU China!
A Pension Fund Trustee told me that our fund took a big hit.
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Old 03-12-2020, 12:19 PM   #4
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Re: stocks in meltdown mode

when Buffet was asked how much did he lose in the 2008 meltdown..he said nothing, because he never sold.
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Old 03-12-2020, 12:31 PM   #5
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Re: stocks in meltdown mode

I know gotta keep the long road view but it's tough right now when you're getting dick punched daily
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Old 03-12-2020, 12:37 PM   #6
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Re: stocks in meltdown mode

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I know gotta keep the long road view but it's tough right now when you're getting dick punched daily
I put everything into toilet paper with folks like Buffalo loading pallets in their truck
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Old 03-12-2020, 12:43 PM   #7
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Re: stocks in meltdown mode

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I put everything into toilet paper with folks like Buffalo loading pallets in their truck
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Old 03-13-2020, 12:35 AM   #8
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Re: stocks in meltdown mode

Any other tips on what might be good stocks to buy low? (Because i know nothing but have some money to play with and what better place to get financial advice than a sports team fan forum, right?)


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Old 03-16-2020, 06:02 PM   #9
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Re: stocks in meltdown mode

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Any other tips on what might be good stocks to buy low? (Because i know nothing but have some money to play with and what better place to get financial advice than a sports team fan forum, right?)


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In the briefing today it was noted that 3M (the company) will gear up production of masks. That would be one, otherwise tech seems like a good bet and companies like homedepot that have no dog in the coronavirus fight but are getting slammed in the panic would stand out in my mind.

Speaking of tech, could you imagine how much worse this would be with remote learning, virtual meetings, and telework. Crazy.

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Old 03-16-2020, 09:59 PM   #10
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Re: stocks in meltdown mode

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Originally Posted by BigHairedAristocrat View Post
Any other tips on what might be good stocks to buy low? (Because i know nothing but have some money to play with and what better place to get financial advice than a sports team fan forum, right?)


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I wait and do CD's or a MM account till the market settles down .
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Old 03-16-2020, 05:15 PM   #11
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Re: stocks in meltdown mode

pure panic
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Old 03-16-2020, 06:12 PM   #12
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Re: stocks in meltdown mode

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pure panic


Another shot directly to the nuts today


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Old 03-18-2020, 03:40 PM   #13
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Re: stocks in meltdown mode

was told by someone in the know, managing director in a well established trading firm several weeks ago said...no way less than 20k.

Welp...
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Old 03-18-2020, 06:42 PM   #14
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Re: stocks in meltdown mode

Dell is at $27. It was between 50 and 70 all last year. First time i have bought stocks, i got 10 not much i know, but i cannot see Dell going under before it makes those losses up.

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Old 03-20-2020, 10:47 AM   #15
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Re: stocks in meltdown mode

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Dell is at $27. It was between 50 and 70 all last year. First time i have bought stocks, i got 10 not much i know, but i cannot see Dell going under before it makes those losses up.

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Seems like a smart buy, up to 33 right now.

Ive never bought an individual stock. I have a 401k, a couple CDs, a MM ... but I dont have like a td ameritrade account i can like play poker with.

Always wanted to.
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