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Old 03-20-2020 | 04:44 PM
  #61  
ben
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I'm down 26% so far, but I don't plan to need anything till I retire in 25ish years so I'm not to worried about what it's doing at the moment. I'm still putting money in every month as normal.
I do have some money in robin hood that I play with and I'm buying index funds in there currently.
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Old 03-20-2020 | 05:23 PM
  #62  
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Vanguard--You can get in for the cost of a single ETF share--If it good enough foe the Oracle of Omaha----
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Old 03-20-2020 | 05:27 PM
  #63  
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Originally Posted by ben
I'm down 26% so far, but I don't plan to need anything till I retire in 25ish years so I'm not to worried about what it's doing at the moment. I'm still putting money in every month as normal.
I do have some money in robin hood that I play with and I'm buying index funds in there currently.
Good plan IMHO--We went that route in 2008 and the returns were beyond my expectations--and I come from a family of investors.
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Old 03-20-2020 | 06:37 PM
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Let's not forget that during the "Great Recession" the stock market/S&P 500 sold off from pretty much August of 2007 until March of 2009 when it began to recover. If we're going to go through that, we're no where near the end.

However, so far we have dramatically dropped at a much faster rate that is pricing in very, very, very poor market conditions at current levels. If the market was logical in the least, it wouldn't have dropped half as much as it has, but we all know it isn't. Hold out and buy on the way down if you want to do 2008 all over again. VOO/SPY are your friends. I'm also mixing in some 3x leveraged ETFs at these ridiculous lows to dramatically increase my return but it's riskier.
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Old 03-20-2020 | 06:42 PM
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Dad always told me never bet more then you can afford to loose, its worked for me
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Old 03-20-2020 | 06:43 PM
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Airlines? Entertainment?
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Old 03-21-2020 | 01:03 PM
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Screw cheap stocks. Where are the cheap boats?
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Old 03-21-2020 | 01:19 PM
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Originally Posted by hogie roll
Screw cheap stocks. Where are the cheap boats?
Give it about 5-6 months. Motivated sellers and then a flood of reposessions and abandoned boats if this turns out to be anything like 2008. The odds for a rapid recovery seem to getting slim??
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Old 03-31-2020 | 06:13 AM
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And Here We are Today
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Old 03-31-2020 | 06:50 AM
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I was ready to put $10k into Royal Caribbean until the Mrs read up on them.

$3 billion in debt coming due and $3 billion in new ships under contract.
I still like it though.

I like Amazon too but will be interesting to see what happens w/their workers currently walking off their jobs.

I was calling on a large trucking co who was servicing a new Amazon facility going into I think Kentucky.
Said they bought the side of a mountain and are clearing if for a facility to accept loaded planes to taxi into for staging.
The Trucking guys have been in the biz for 30+ yrs and had never seen biz like that or as strong as there’s was.

Would also expect the liquor stores to be doing very well.
I know I’m doing my part 👍🏻
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