Home Forums Hunting & Shooting Hunter's Campfire Will the Coronavirus Tank the Market?

We don't know yet if this is a bad flu virus they are false flagging to hurt Trumps economy or a disastrous epidemic the deep state released to try to destroy Trumps economy, so all most are doing is speculation.

I’m cash and carry!

My IRA has dropped $10k in 3 days. I think it'll be back but it might take a while.

The media is working on it as fast as they can. By the way. How does that stack of cash look now?

Moved all my 401K and wifes in to stable funds, only thing we still have invested in the market is about 40k in a roth, and some personal stocks that were down pre dip anyways that were long term investments, everything is is gaining buying power.

Being out of the market in a dip is a net gain. Buy when fundamentals come back and start driving the markets.

I'm not even looking at mine

I could move it into low yield bonds but it is what it is.

I'll ride it out hope for a rebound in 12 months.

some of usse guys are funny, this coming from a guy in the market since the 70's.

Need to re-think this one?

one of the time tested markers for knowing you were near a bottom was when you saw the ordinary investor liquidating his mutual funds. you know, the old thing, buy at market highs and liquidate at market lows.

Exactly. The other is that so many don't know what "risk" means as it relates to the market. I've lived with ups and downs for 25+ years and stayed the course and I'm not going to change now. The ups always outnumber the downs if you invest intelligently.

Standby.

It reads like the comics. If I had a dollar for every time one of my colleagues told me it was time to "back up the truck and load up" in 2008 I wouldn't give a chit what the markets doing now. If you want to see a down turn wait until Bernie gets a little more traction and starts talking about nationalizing oil and gas as well as confiscatory taxation rates. All the guys that think they are in the know now will be fully invested and down 30 to 50% on what they just bought and no money to buy when the time is really right. Seen it before, more than once.

Should have moved to cash at 29,000. Hindsight is always 2020!

No one minds when they are making double digit returns. Any stock purchase is a gamble. Put your big boy pants on and suck it up or go to the corner and whine.

I have 8-10 more years before I quit working, just going to keep following Vanguards recommendations. My gains weren't as high as an all stock portfolio but my losses are not all that bad either.

i don't think so

All depends on your definition of tank.


The reality is that nobody knows how this will play out. Anyone claiming to is full of it.

It’s going to create a buying opportunity at some point, no one knows when. Be patient though. This thing is just getting going and if you go too soon you could be down 25% quick and loose a bunch of time getting back to zero.

Timing and past buying opportunities:

1. Following 911

2. Following the sub-prime meltdown

3. Following Trump’s 2016

4. Following the abatement of the present corona virus scare and IF Trump’s re-elected . Especially if he’s re-elected.

Jmo

The "Coronavirus" isn't going to do anything.

The media intends to tank the market.

This^^^▪