February 24, 2020 at 9:48 am #26387
Stocks starting to take a hit due to c_virus fears. Its about time.
You can look at the numbers here. https://www.foxbusiness.com/
February 24, 2020 at 10:07 am #26391
Ok, here are a couple more financial market links:
And this shows the worldwide fear.
I remember when the Dow went up another 1,000 points in only a week or so not long ago. Gold just closed over 1,600 last Tuesday. I pretty much expect gold to be over $1,700 some time this week. Just my opinion.
- This reply was modified 1 month, 1 week ago by log man.
February 24, 2020 at 10:18 am #26393
Good links Log Man.
Yeah, I was debating pulling all our investments out last week . . . should of listened to my gut instinct.
Our financial advisor is telling us to stay in the market, think of the long game etc. But if you know that light is not the light at the end of the tunnel, but the headlight of the on-coming train, might as well as get off the tracks.
Going to wait till tomorrow and see if there is a rebound (dead cat bounce) then call it.
February 24, 2020 at 12:39 pm #26397
Yeah, a lotta people are going to lose money now. Covid 19 is a true black swan worldwide event.
I’m betting that for those areas subject to quarantine, the banks will be forced to suspend payment requirements in return for bailout funds. Last thing Trump will tolerate is a bunch of broke people in his base pissed off at rich bankers ’cause they’re losing their house.
February 24, 2020 at 6:22 pm #26408
Last few years too sketchy to invest in market. Only ones left are a loan company for gold companies that gets repaid in actual gold at discount for lending $$ can’t lose with 15 employees and getting gold at $ 600 an Oz.
February 25, 2020 at 8:32 am #26415
Our one account did 16.4% last year. The others were in similar territory.
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