Poll of the Day > Oh god the stock market

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St_Kevin
03/06/20 12:05:06 PM
#1:


I'll take my $2000 loss and leave :(

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zebatov
03/06/20 12:07:37 PM
#2:


I invested in a weed company at $0.05 per share and the shares are now at $0.75 and climbing.

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St_Kevin
03/06/20 12:10:45 PM
#3:


Canadian Weed socks have boomed and busted...

Like they are worth anywhere from 33% to 10% of their original value

Get in and out on the hype my friend

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Mead
03/06/20 12:28:22 PM
#4:


this is why I put all my money in safe bets like funko pops

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St_Kevin
03/06/20 12:29:32 PM
#5:


haha

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ReggieTheReckless
03/06/20 12:58:42 PM
#6:


step 1: throw your money into safe stuff, step 2: ignore it for 30-40 years, step 3: profit
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SpeedDemon20
03/06/20 1:01:24 PM
#7:


Oh, wow. I'm in the negatives again. That hasn't happened since last year when the tariffs were imposed on China.

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Ogurisama
03/06/20 1:39:08 PM
#8:


If you arent planning on pulling out for a few more years, keep it in, as it will most likely recover. It is a temporary down from the COVID-19.

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DirtBasedSoap
03/06/20 1:43:13 PM
#9:


trump rules!

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St_Kevin
03/06/20 4:45:42 PM
#10:


Ogurisama posted...
If you arent planning on pulling out for a few more years, keep it in, as it will most likely recover. It is a temporary down from the COVID-19.

I figure things won't recover until the fall

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GanonsSpirit
03/06/20 5:03:18 PM
#11:


Thanks, Trump.
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streamofthesky
03/06/20 7:33:26 PM
#12:


Stocks are rigged and it's so blatant.

Monday they jumped 5% for no reason.
Then Tuesday we found out the reason, the Fed did the single biggest rate cut and first emergency one since 2008.
They don't even try to hide the insider trading anymore.
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Sarcasthma
03/07/20 1:10:44 AM
#13:


Mead posted...
this is why I put all my money in safe bets like funko pops
I have all my money safely invested in my expansive collection of Beanie Babies.

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wolfy42
03/07/20 2:35:39 AM
#14:


Sarcasthma posted...
I have all my money safely invested in my expansive collection of Beanie Babies.
I have all my money invested in Del Monte beef stew microwavable packets. I figure they are gold once society starts to break down!!!

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DirtBasedSoap
03/07/20 2:38:37 AM
#15:


Mead posted...
this is why I put all my money in safe bets like funko pops

Sarcasthma posted...
I have all my money safely invested in my expansive collection of Beanie Babies.


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aHappySacka
03/07/20 2:40:35 AM
#16:


Inversely this is the time to get into stocks as they're at a bargain price right now.

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streamofthesky
03/07/20 3:33:32 AM
#17:


aHappySacka posted...
Inversely this is the time to get into stocks as they're at a bargain price right now.
lol, no the fuck they are not!

They've basically fallen to the point they were at half a year ago. They're still VASTLY overpriced.
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ReggieTheReckless
03/07/20 1:03:47 PM
#18:


ReggieTheReckless posted...
step 1: throw your money into safe stuff, step 2: ignore it for 30-40 years, step 3: profit
Y'all are thinking WAY too hard about this shit
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Yellow
03/07/20 1:48:48 PM
#19:


aHappySacka posted...
Inversely this is the time to get into stocks as they're at a bargain price right now.
There's a very good chance they won't go back up this time. At least not for a while. If it was just coronavirus... sure, invest. But a crash is coming anyway, so it's basically gambling.

Save your money and when it does crash buy some index funds.

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St_Kevin
03/09/20 9:36:48 AM
#20:


oh God..

THE STOCK MARKET

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RCtheWSBC
03/09/20 10:16:46 AM
#21:


St_Kevin posted...
oh God..

THE STOCK MARKET
They even had to flip the emergency switch to stop the momentum. Hold on to your butts.

https://www.nbcnews.com/business/markets/dow-set-open-decline-1-300-points-oil-war-adds-n1152941

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Fierce_Deity_08
03/09/20 10:27:41 AM
#22:


I just grow pot for the seeds. When I can sell the seeds, itll fund my retirement. For some reason its the only plant I can grow without it dying on me. Very odd.

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Mead
03/09/20 10:45:24 AM
#23:


Isnt this essentially what caused Venezuela to collapse? I know their entire economy was based around oil, but this still seems pretty scary.

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Dynalo
03/09/20 11:25:06 AM
#24:


Yeah, we're in for a hell of a crash at the rate things are going. This ain't good.

I'm scared to even look at my investments, but I also didn't plan to use them anytime soon, so they're just gonna sit there and suffer.

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The Popo
03/09/20 11:50:30 AM
#25:


Mead posted...
this is why I put all my money in safe bets like funko pops

As in you purchase Funko Pops? Or you hollow them out and put your money inside of them?

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St_Kevin
03/09/20 11:54:57 AM
#26:


I cashed out on Friday but hooo I know a millionaire at work who is losing hundreds of thousands of dollars. I keep track on the stocks he owns and tells other people to buy and oof it is not good.

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Bulbasaur
03/09/20 12:27:28 PM
#27:


good on you for losing money just because you got scared and didn't think rationally

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BUMPED2002
03/09/20 12:37:03 PM
#28:


St_Kevin posted...
I'll take my $2000 loss and leave :(
That's why they won't insure investments. They know the market is unpredictable.

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SpankageBros
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BUMPED2002
03/09/20 12:37:24 PM
#29:


St_Kevin posted...
I cashed out on Friday but hooo I know a millionaire at work who is losing hundreds of thousands of dollars. I keep track on the stocks he owns and tells other people to buy and oof it is not good.
Ouch! I feel for him!

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St_Kevin
03/09/20 12:50:28 PM
#30:


Bulbasaur posted...
good on you for losing money just because you got scared and didn't think rationally

Lol, that's not how the game works. Covid19 and the oil squabble are only going to get worse.

You sell, let it crash, then you rebuy later for a bigger profit.

I was worried about a huge crash in 2020 back in December, but that was because of the housing bubble ... Which by the way is going to happen even sooner now.

Be fearful when the market is both greedy and afraid. - Warren Buffet

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OniRonin
03/09/20 1:35:23 PM
#31:


am I the most dark & twisted psycho god online?? hm lets see:
- When the dow jones industrial average goes down i say simply the word "Good"

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St_Kevin
03/09/20 3:22:47 PM
#32:


I also like watching the world burn

*sips coffee*

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coinstarcad
03/09/20 3:26:04 PM
#33:


This is fine. Stop overreacting.
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Lokarin
03/09/20 3:31:36 PM
#34:


I bought 1 DOW, how do I exchange it?

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streamofthesky
03/09/20 5:14:30 PM
#35:


As a saver who's been fucked over for the past decade by low interest rates to prop up this sham of a market, today was awesome

:D

There will probably be a big bump up tomorrow as people pile in to grab the "cheap stocks" (actually still vastly overpriced), and then it'll continue to decline long-term, interrupted by increases every time some country cuts interest rates further in a race to the bottom to see who can devalue their own currency the fastest.
But rates are already near zero in a lot of countries, so the central banks can only fuck over the savers a little bit more before they run out of those tools.
Then they'll just quantatative ease...ie, print money.... *sigh*
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captpackrat
03/09/20 5:27:45 PM
#36:


My stock account is up 23.6% today.

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St_Kevin
03/10/20 12:12:22 PM
#37:


streamofthesky posted...
As a saver who's been fucked over for the past decade by low interest rates to prop up this sham of a market, today was awesome

:D

There will probably be a big bump up tomorrow as people pile in to grab the "cheap stocks" (actually still vastly overpriced), and then it'll continue to decline long-term, interrupted by increases every time some country cuts interest rates further in a race to the bottom to see who can devalue their own currency the fastest.
But rates are already near zero in a lot of countries, so the central banks can only fuck over the savers a little bit more before they run out of those tools.
Then they'll just quantatative ease...ie, print money.... *sigh*

That was a certainly short lived dead cat bounce.

*popcorn*

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streamofthesky
03/10/20 5:15:25 PM
#38:


If Democrats further blow up our debt to pass Trump's fucking tax cut (the Republican answer to LITERALLY ANY PROBLEM!) so he can hold onto his "My Economy is Great!" rhetoric until the election is over, they're fucking dumb asses and deserve to get destroyed in November.
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Far-Queue
03/12/20 11:35:50 AM
#39:


Trump really calmed things down on Wall St. with his address last night. What a great and capable leader!

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awezomerobot
03/12/20 11:42:03 AM
#40:


Buy the dips!

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captpackrat
03/12/20 11:56:00 AM
#41:


I'm up 50% now. BURN, S&P, BURN!

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St_Kevin
03/12/20 11:57:43 AM
#42:


awezomerobot posted...
Buy the dips!

Not touching the stock market until October or November

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captpackrat
03/12/20 12:26:44 PM
#43:


St_Kevin posted...
Not touching the stock market until October or November
There are inverse ETFs that play against the market. That's why I'm up 50% while the market crashes and burns. Very risky, of course. Read the prospectus etc etc.

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St_Kevin
03/12/20 2:36:52 PM
#44:


Something to look into

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streamofthesky
03/12/20 5:12:35 PM
#45:


Fucking Federal Reserve.

They'll gladly bankrupt us beyond any hope of ever recovering from if it'd bump the Dow Jones by half of a percent on one day.

Today was going so awesome, then for the 2nd time in like 9 days they swooped in and threw money at the problem

It won't be enough...nothing can stop this long overdue bear market. But they damn sure are gonna try! at least until after November.
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Revelation34
03/12/20 7:29:36 PM
#46:


Buy into the tech companies if you can afford it. Massive profit when the stock market recovers.
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zebatov
03/12/20 7:43:25 PM
#47:


St_Kevin posted...
Canadian Weed socks have boomed and busted...

Like they are worth anywhere from 33% to 10% of their original value

Get in and out on the hype my friend
It was only $5,000. I mean thats a lot to go up and drop but it isnt a lot to lose.

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Yellow
03/12/20 8:49:46 PM
#48:


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streamofthesky
03/12/20 8:58:38 PM
#49:


I thought it was $1 trillion ($500 billion today, another early next week), now apparently it's $1.5 trillion? Whatever, it's not like it's real money anyway, right?

https://imgur.com/gallery/Umjh5ou
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Revelation34
03/12/20 9:04:02 PM
#50:


Yellow posted...
Public college for five years right here. Just saying.

https://twitter.com/dpakman/status/1238186431060815873


What's wrong with 1 PM? I don't get why it was circled.
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