Talking stocks, trading, and investing in general

[HRoi]

You’re being risk-averse, which is definitely a form of smart

 

[Omega Male]

Fortunately, the StyFo sidebar has a solution for us.

 

[venividivicibj]

I think we will have an initial deflationary shock of the world shutting down, followed by quite the opposite as demand rebounds faster than the capacity of inevitably degraded supply chains to deliver. No idea how that plays out in the asset markets other than it'll be a wild ride. Still feels to me like credit will be the big problem.

can't really have a demand shock when we might have a huge % of the economy unemployed

 

[otc]

AKA like the day where a record 6.5m people filed for unemployment and the market went up?

That's not really that weird though. The markets had already taken a beating and were down a lot. If a non-insignificant number of people thought the number would be even worse (10, 15, 20m) then seeing only 6.5m is pretty good news.

 

[venividivicibj]

That's not really that weird though. The markets had already taken a beating and were down a lot. If a non-insignificant number of people thought the number would be even worse (10, 15, 20m) then seeing only 6.5m is pretty good news.

the numbers were initially predicted at ~3.5, and we got 6.5.

 

[nootje]

I’m more worried how demand is ever going to pick back up. With half the world at home and a good chunk not earning **** it’s going to take a while to recover. Even if companies could restart at 100% after this, who is going to buy anything?

Going to watch how China’s consumption is going to pick up again to see what we can expect in the US and EU..

 

[jbarwick]

Debating on when I should do an IRA rollover from a 401k. Not being forced to rollover and the fees are small compared to potential gain/loss due to volatility.

 

[Piobaire]

Debating on when I should do an IRA rollover from a 401k. Not being forced to rollover and the fees are small compared to potential gain/loss due to volatility.

I would wait until the crazy market swings stop then roll it out.

 

[patrickBOOTH]

I did the "responsible"? thing and allocated this year's raise right into the stock market.

 

[jcman311]

I did the "responsible"? thing and allocated this year's raise right into the stock market.

We don’t care unless you triple leveraged it.

 

[brokencycle]

We don’t care unless you triple leveraged it.

The best part of being triple leveraged is if you're wrong on your bet, you declare bankruptcy and get a 3x tax break.

 

[patrickBOOTH]

Well, to be fair you only get a tax break if you have income thereafter.

 

[Omega Male]

No income, no taxes, no problem.

 

[patrickBOOTH]

Exactly. A friend of mine, not too savvy when it comes to finances asked me how to pay less taxes. I told him: Simple, make less money.

 

[brokencycle]

Exactly. A friend of mine, not too savvy when it comes to finances asked me how to pay less taxes. I told him: Simple, make less money.

He could also buy less or own less property.