andrewta

Yeah, buying after the crash happens makes no sense. If you can somehow( for lack of a better phrase foresee )a crash happening, and then sell before the crash, then buy back in after the crash. That makes sense because then you’re selling high and buying low.

But buying after the crash makes no sense because now you’re already down. I feel for you on that one

Yeah, that’s what I did with my 401(k) put into a money market. It’s been there for a while now and after I moved it, the markets have only dropped. Could it in theory come back before I have a chance to buy back in, yeah, that is possibility but at least I still have the money that I moved from the normal investments over to a money market account. At least I didn’t go negative on that.

Even if I bought back in right this moment, I would still have saved the severe droppings of the last week and a half. Only is I don’t know if we’re still going down yet and how far. I do believe we are still going in the downward motion I think it’s coming back yet. Yeah it’s pretty much gambling on my money, but I honestly believe that this is the better option.

Had $120,000 at the start of the year. Had planned to pull at the beginning of the year, I didn’t. It dropped to $100,000 by early March of I remember correctly. I moved the money into a money market account after that. Where I had the money at has tanked quite a bit more after that. Not sure when I’ll get back in yet. Yes I realize it could recover before I get back in but so far I’ve made the right decision. S&P took major hits recently.

Since a lot of contracts are wrote so lopsided, someone is really getting screwed. Since there's no way out.

Trees for the forest

Tell that to the people who own it. They might have a few choice words in response. Everything has the value it has because people are willing to pay it. No difference between a Porsche, a simple house, an iPhone, a share of any company, or one bitcoin.

The value of anything is what someone is willing to pay for that thing.

This is an important thing to consider. I think what I would suggest is find a way to get impartial people together and talk to . People who will actually be honest with you and tell you hey this is what’s really going on. I’d say make friends at work this will take time. Then ask them. Another suggestion is sometimes one hospital will put out calls for nurses to come in and help out from another hospital. Sometimes they will call other states. Volunteer for those jobs. Usually those jobs last from one to three months. At the end of that period of time to sit down with your bossand your coworkers and ask them about this. I mean, you are now leaving their unit. Maybe they’ll be completely honest with you and say yes you are a great person or maybe they’ll say holy crap. You never stop talking you’re really annoying.

Not related to the article but there was a news report on TV from a local news station. They were interviewing a car lot manager. They just sold a $100,000 car. They were sweating because they didn’t know if they could get it on the ship from overseas before the tariff hit. If they couldn’t , the cost of that vehicle, they estimated 120,000. And the dealership was gonna have to eat the20 grand. Because the contract was already signed.

Would never say it’s something we should be trying for.

You’ve actually found right leaning people on Lemmie? I thought they were either shoved out, bullied out or pushed out or just given up and left and went somewhere else.

All this from somebody by the name of snotflicker.

I’m kidding people I’m kidding, the shot was there and I just couldn’t resist taking it. Sorry, man.

Not sure if you have a typo, You said I can sift out the beetles , but you say by doing so I can wind up with an allergy?