Yeehaw, roller coasters are fun!
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Wife just did her backdoor Roth (not invested yet, thankfully, just money market). She did a direct contribution and invested it for the 2019 tax year in February since she was filing single. The market plummeted after that.... Finally something to correlate the market to.
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Originally posted by Tangler View PostWow! I “thought” it would drop again but I was beginning to wonder if I was wrong. I was really surprised to see it drop so far today. I wonder where this will go? No clue, but seems bleak!
Seems we have had a number of large public marches after the holiday. Might be a little unsettling. Maybe it’s an overreaction or maybe not.
No treatment and no immunization.
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This drop does not make sense to me either. With a big swing like this and the best reasons I read about is that people are realizing that this will be a long haul. Well duh and that realization did not happen overnight. This crap just helps firm up my belief that the stock market is random but with a general long term trend of going up. Keep shoveling.
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It is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?
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READ "Will the Banks Collapse" from Atlantic magazine
A crisis is in our midsts
as well as Krugman's article. "MARKET MADNESS IN THE PANDEMIC"
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Opinion | Market Madness in the Pandemic - The New York ...www.nytimes.com › opinion › coronavirus-stock-market
Will the Banks Collapse? - The Atlanticwww.theatlantic.com › coronavirus-banks-collapse
READ THE WHOLE ARTICLE-SHOCKINGLast edited by Peds; 06-22-2020, 10:39 AM.
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Originally posted by Lordosis View PostIt is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?
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Originally posted by burritos View Post
Being able to identify short term threats allowed our ancestors to climb trees when four legged predators were trying to eat them. Then when they were in the trees, they'd see see fruit and say in primateese, "Holy sh!t, there's fruit up here, yippy!"
Less news = more happiness.Last edited by Tangler; 06-18-2020, 01:43 AM.
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Originally posted by Lordosis View PostIt is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?
I think the media actors know it’s Kubuki theatre, the peanut gallery at the front also, but the newcomers think it’s a reality.
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