selling all my stocks and spending all my money on silver, toilet paper, and cans of beans
brb
Jack Ramirez
Could go either way, honestly. Virus spreading would make free healthcare (Bernie) more favorable, but if the market is facing long-term instability then a candidate who aims to maintain the status quo (Biden/Trump) would probably appeal more to the average voter,
Charles Ward
I bought TVIX @ $99.
Imagine how wet I am.
Jaxon Myers
people will die, many will never retire
meanwhile biz is happy because they are making meme amounts of money
cmon bros, imagine working all your life, creating a family, raising your children and when it s time to stop... your stocks will take 5 years to recover
Eli Bailey
>888 Apparently. Prepare yourselves boys, it's all comin' down!
Imagine that. I'll buy boomer bags though, thank you very much.
Wyatt Jackson
Retard here, what are the ramifications of what’s happening with the stock market now? I’ve heard a financial crisis is imminent for the past couple of years and I’ve been wondering whether or not this would be a catalyst for that collapse or some kind of pressure release. Idk about finance so I figured one of you would know
Anyone with half a brain would have sold last week
Carter Green
YOU TOLD ME MONDAY WOULD BE GREEN YOU MOTHER FUCKERS GIVE ME MY MONEY BACK AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH
china and covid-19 will be blamed, but if he fucks up the response to the virus (which is looking like a guarantee at this point) he's going to have a rough time
Cameron Walker
So worse than 0’8? Similar?
Lincoln Jones
I think so yeah, when the 20% hits it's just closed for that day. It should open up the next day.
However if that happens I wouldn't be surprised if Trump/Kudlow come up with a reason to keep it closed. It closed on 9/11 for example
Nathan Rodriguez
Because I'm a complete market simpleton but everyone's panic is making me panic
John Perez
Worse It's only beginning tomorrow.
Tyler Flores
this is fun. i'm having fun. we're all having a good time here. now.
>I don’t think Trump will be blamed for the market crash the crash is basically due to corona + OPEC, and bungling (and let's be honest, they are) the response to corona would be deadly to his election chances, it'd make katrina look like a speed bump.
Isaiah Williams
Little different than '08. This is more of a flash crash, in terms of speed. '08 took a while to get rolling.
Grayson Long
Yea, but I don’t think he’s fucking up the response, not to say he’s doing great either. I think it’s been pretty nominal
Cameron Martin
This happens every recession. People in their late 50s/early 60s had literally their entire lives to plan for retirement. They just got dealt a shit hand with bad timing and will have to deal with it.
Joshua Perez
Good luck finding a job for the next 2 years especially with open borders and job outsourcing we have
Nathan Baker
Someone trading the CAD pairs in FX? A huge flash crash just happened. What the fuck is happening?
AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA GIVE ME BACK MY MONEY /BIZ AAAAAAAAAAAAAAAAAAA MY SAVINGS, MY LIFE SAVINGS GONE AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA
That's why you gradually move to safer investments like bonds when you get older.
Jason Martinez
Threadly reminder that the trustworthy retirement plan is having many well-raised children who will be able to care for you when you're old
Also buy land
Michael King
To be fair to him, every country that isn't China, Japan (if they aren't just hiding cases) or either one of the Koreas is doing a bad job. It's either grind your economy into the ground in an effort to contain it or just let the reaper take its due.
Nicholas Russell
Trump just got super unlucky as his conservative wing kept pushing for some token spending cuts and we haven't had a actual pandemic in decades so he thought he could cut the CDC.
This, they’ve have like 5 big booms to get rich off
Brandon Hughes
Bad timing in the sense that retiring at the start of a bear market has the highest likelihood of depleting your savings. If they had retired +/-5 years from today they'd probably double their likelihood of maintaining their withdrawal rate.
Jaxon Perez
how many of you fell for the fake and gay fed pump on friday?
DROP THE FOOTSIE THE FOOTSIE TANKS IN WAVES BRITONS SELL YOUR HOLDINGS ITS GOING TO BE A BLACK MONDAY
Juan Hernandez
Crypto, dot com, housing , stocks and indexes in general, gold/metals - if you bought any of these from the 70-2000s you should have been set a long time ago
I would have sooner but this happened faster than I was expecting. The oil shenanigans caught me off guard and it just turned the world market into a madhouse.
Actually panicking and can't sleep. I will be pulling out everything invested tomorrow as soon as I can but even by then it will be too late Jesus fucking christ
Jack Martinez
>he didn't listen
Logan Cruz
I DON'T UNDERSTAND MARKET CAN SOMEONE PLEASE TELL ME WHAT FUTURE TRADING BEING HALTED MEAN IN A MUCH SIMPLER AND GLOBAL WAY? THANK YOU
I had 500 shares of SQQQ that I sold during fed pump on Friday. Can I do a market order at open to buy SQQQ again? I know this is a stupid question but it seems like such an obvious move that I must be missing something.
Owen Morales
months of gains are being wiped out in hours. GG capitalism. You had a good run.
Brayden Kelly
feeling pretty unflappable being all-in on SNSS right now.
He isn't, he's jumping on the ass end of it riding it down. For 15++% more capital, sure.
Ethan Martinez
I was 23 back then, this looks much worse than 08.
Luis Price
Yes. Tomorrow is just the beginning. There may be a few up days to lure in cocky bulls. But it's all going down down down. Equities will fall. But the true redpill is to watch the credit markets. There will be bank failures. Watch DB.
Ryan Cooper
I have more than 80% of my shit into the US and s&p and I am fucked. The past weeks fucked me up, now before I am even able to pull it out tomorrow I will be fucked in one day what I was in two past weeks
Luke Thompson
Most likely fucked. Give it a few hours tomorrow morning to see if it spikes and you can dump it off.
Aaron Howard
will we be looking back on this moment, a year from now when bonds are yielding -5%, saying "damn I shoulda loaded up on T-bills while they were still positive"?
This is a huge nothing burger. This is like the third time they halted trading? It's only to stop idiots from freaking out but once they realize nothing it wrong tomorrow morning it should all go green.
Anthony Ross
I'm 36 but I wasn't paying attention to the markets when dotcom bust or 08 happened. I was trading during the volatility in 2016, that was no fun. And 2018. This is worse than 16 and 18.
Liam Lopez
*cough* *cough* Was recommended at the start of Feb You did heed the advice didn't you Yas Forums?
Jackson Gonzalez
Anyone with money in the stock market has materially benefited from federal deficit spending and the debasement of the currency.
They were hoping to reap the spoils of those who bore the brunt of QE: poor folks kept in the hole by rising rent, tuition, and medical bills.
It's sad that their own retirement might be impacted now, but it's not unfair.
