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Thread: Stock Market
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02-25-2020, 01:22 AM #1
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Stock Market
Well it looks like there was an ass raping today on wall street. Dow lost over 1000. I would strongly advise not to look at your 401k or IRAs for the next couple of weeks. Investors are overreacting over the coronavirius. Once a vaccine comes out the markets will bounce back. If you don't have money in the markets. This is your opportunity to get in. Stick with the good ol blue chips and you will make some money. Just my 2 cents..
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02-25-2020, 10:13 AM #2
Great advice in sticking it out! Even better advice in buy now!
i will admit though when I read that Italy has now quarantined a couple towns due to corona virus , it scared me for sure!
i see one case of it in Jersey and I’m keeping my kids home from school
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02-25-2020, 05:36 PM #3
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02-25-2020, 06:02 PM #4
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The company I work for is dependent on materials from China. Currently, our main supplier is 500 miles away from Wuhan, but you never know, it could impact our business pretty bad. I heard they're expecting the market to dip even lower before it gets better so it's definitely a good chance to buy in.
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02-26-2020, 01:45 AM #5