Being Prepared

[slothman]

1 hour ago, Gavin said:

Looking to buy back in too. Not sure where the bottom is.   But thinking not yet.

THAT is THE ultimate question. 

[Gavin]

Gonna limp in 

[Mitch f]

On 4/1/2020 at 11:14 PM, rps said:

My wife has become the central organizing person for a group of people making masks into which  effective filters may be inserted. Her group is making masks for the retirement community staff in which we live as well as for one of the major hospitals here in Tulsa.

Side note, somewhat political, the hospital has yet to receive masks sufficient to meet their need, and relies upon volunteers to make masks into which they can insert filters. At the end of the day they wash and bleach the masks to put in another filter.

She has made us our own masks, without the filter.

What do you think?

 

I love the masks, I would wear it. I love the fact that your wife is organizing a small group. That’s like the old days!! 
As far as getting somewhat political, the government should never be there to supply all our needs. The bigger the government, the smaller the person.

[BilletHead]

3 hours ago, Mitch f said:

As far as getting somewhat political, the government should never be there to supply all our needs. The bigger the government, the smaller the person.

              I agree 100% Mitch. But am glad the government is doing something. I have been trying to watch the briefing every afternoon. It gives me some peace of mind and helps the anxious feelings. While you and I and hoping all of our members are doing the right thing there are those that NEED to be told what to do. Remember that saying "You can't fix stupid". We see it everyday.  

[snagged in outlet 3]

8 hours ago, slothman said:

Investment losses have been great for many including myself. However, I am viewing this as an amazing buying opportunity. I guarantee there will be a tremendous amount of money made by investors when this whole deal is over.  

Money is made when the market goes down just like when it goes.  There’s always someone on the other side of the trade.  Short sellers are mopping it up 

[ness]

Shorts are only a small fraction of the total market, so it's not like every one of the $10+ trillion of dollars lost in the stock market since February has gone into the pockets of short sellers. For all the rest, think of it like this: I buy $1,000 worth of stock from you and the value then goes down to $800. How much money do you have? You didn't make money, you just didn't LOSE money.

[Terrierman]

On 4/2/2020 at 7:52 AM, Quillback said:

Well I am eyeballing people a little more closely in the store and I will wait for someone to get out of the way if they are front of something I want, basically I avoid getting close to anyone.  I also keep my trips to the store at a minimum.  

Same here.  People for the most part are being careful too.

[Terrierman]

10 hours ago, slothman said:

THAT is THE ultimate question. 

Not until people go back to work, at the earliest.  IMHO

[ness]

1 minute ago, Terrierman said:

Not until people go back to work, at the earliest.  IMHO

The terrible jobs number reported today is based on the month ending March 12th.....

[Terrierman]

12 hours ago, slothman said:

Investment losses have been great for many including myself. However, I am viewing this as an amazing buying opportunity. I guarantee there will be a tremendous amount of money made by investors when this whole deal is over.  

That's how it went once 2008 found it's bottom.  This is different in a lot of ways though.  The whole world is dealing with a medical problem that's the root of the investment problem.  Previously the investment problem was an investment problem start to finish.