On 4/1/2020 7:46 AM, John wrote:
On Wed, 1 Apr 2020 07:38:29 -0400, "Mr. Luddite" wrote:
On 4/1/2020 7:26 AM, John wrote:
On Tue, 31 Mar 2020 23:47:11 -0400, wrote:
On Tue, 31 Mar 2020 20:56:35 -0400, John wrote:
And you predicted all this a month ago?
I'm sorry. 2 weeks and 4 days ago
On Thu, 12 Mar 2020 20:03:17 -0400, Alex wrote:
Adorable Deplorable wrote:
On Thu, 12 Mar 2020 12:46:28 -0400 (EDT), Justan Ohlphart wrote:
Adorable Deplorable Wrote in message:
On Thu, 12 Mar 2020 08:32:39 -0700 (PDT), Its Me wrote:On Thursday, March 12, 2020 at 11:18:01 AM UTC-4, John H wrote: ...that is the question! -- Freedom Isn't Free!Don't sell. Not unless you want to turn your short term losses into long term losses.The idea would be to get back in when, and if, things start improving. I'm not 'investor certified'though!--Freedom Isn't Free!
A 50% loss would result in the need to make a 100% gain to break
even, if you bought back the same stock at what you sold it for.
If the stock declined another 50% you could buy twice the amount
you sold but you'd still need a 100% gain to break
even.
If the stock rose 50% after you sold it would cost you 25% more to
buy it back. If the stock regained its original value it would
cost you twice as much as you sold it for, to buy it
back.
Numbers dont lie.
I suppose that means to hang on to it?
--
Freedom Isn't Free!
And buy more!
snip stock thing
If they are really serious that we are going to hit stop on the
economic engine until they declare the virus is contained, the economy
might not start when we hit go.
The debt bomb we are all dreading may have gone off by then and we
will be in worse shape than 2008-9 with the central banks failing not
just AIG and Lehman.
I understand that is probably not going to happen but it isn't as
unrealistic as some of the predictions I am hearing about this virus.
Another dire prediction? When, and if, this is all over, you will undoubtedly
win the prize for the most dire predictions!
Greg, just a thought:
China is America's biggest creditor by far.
Is China going to call the note?
And even if they did, what if the USA just said, "**** you"?
Is China going to turn it over to a collection agency? :-)
If the entire world's currency was devalued by 20%, would it make a ****? I'm no
economist, just wondering.
Don't know. Beyond my paygrade.
I realize that what is read both in print and on the Internet
has to be taken with a grain of salt but I am starting to
believe that China is in deeper **** than we are and may be
on the verge of an economic collapse.
The Chinese government is not exactly forthcoming in what
their economic situation really is and the few "leaks"
that emerge from Chinese citizens do not paint a
rosy picture.
If the USA really clamps down on its reliance on Chinese
manufactured items (as it should) the Chinese economy
could be in for a free-fall. If it does, there's no
turning back. The Chinese Communist government opened
a Pandora's box about 30 years ago when they started
embracing their government controlled version of
capitalism and "free markets". Once a significant
portion of their population start benefiting from
this, there's no way to close the Pandora's box
again.
--
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