Par4QC [deleted] I recall someone asking Warren Buffet how much money he had. His reply was that he 'may' have a few $100.
Par4QC The only people that lost money yesterday were the ones that sold. They should never have bought to begin with. Gamblers, not investors. jmo, as I know little about the stock market. I do know gambling is for the weak, investing is for the strong.....long term.
Eguller Yipsy your old ways and beliefs. The US is falling to the wayside. Ahhhh.... you do realize that Weirfan is Canadian..... right ? 🤔
Par4QC Yipsy You just as well set that cup down, or better yet, just throw it away. It will never have anything in it....esp. 1/2 full or 1/2 empty.
KCee Yipsy The stock market dropped?! In all my 58 years I have NEVER seen that happen! Luckily I'm part of the 90% that only owns 7% of all stocks. It must be awful for you being a someone so rich that they lost so much. I feel for you.
Eguller I lost nothing since I didn't sell..... just like in 2008/9. 🙄 One of the values of free speech is that it identifies those who shoot from the hip and then deflect & deny.
Par4QC Eguller Yeah, 'some' people just don't get it. BTW Dan, how much did you MAKE today? Up 2%!!! Oh, but 'no one' is asking that, is he are they???😄 Japan was down 12 yesterday. Up today 10+. Same old, same old. The world is still round.
Eguller Par4QC BTW Dan, how much did you MAKE today? Once again, I made nothing, zero. I didn't sell or buy. But....if I were to sell 🤔..... or should I buy ? 🤑
azgreg Yipsy What do you think eventually happens to a country over 35 trillion in debt? Nothing is going to happen. Most of the US debt is owned by the US government followed by US citizens. China owns about 3% of the US debt falling behind Japan. What people fail to understand is that we (the US) also owns a bunch of China's and Japan's debt. There's only one country that doesn't have any debt and that's Macao.
mulegolf We don't have that much in the markets but what we have will just stay there. In the long run it will likely appreciate rather than depreciate.😉
jsippy73 Not to thread jack but, with inflation the way it is in practically every category your money is worth less everyday. Answer is to withdraw it all and spend it as fast as you can (new driver, new putter, new car, etc).
Par4QC jsippy73 with inflation the way it is in practically every category your money is worth less everyday Well good!!! That will only serve to bring prices back down. Think about it....... No one can buy X product because they don't have enough money.......company selling X product will go broke if they cannot sell............company has no choice but to lower prices. People do have enough money. And they only buy what they can afford(for the most part/smart people). My $1 will buy as many $1 products as it did 20 years ago. (read that again)
garyt1957 Yipsy All the old rules like the one you just shared will soon no longer apply. They've been saying that as long as I've been investing. "This time it's different" No, no it's not.
