Jeff Stahler for February 29, 2020

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    Concretionist  about 4 years ago

    Ours is way down. But what we’re thinking is to follow the advice of the guy we hired to give us advice, and that is: Sit tight.

    I think that’s very wise: Selling something now, when the price is low is a sucker move.

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    Dtroutma  about 4 years ago

    Mine’s gone down since Bonespurs came on the scene, but this week’s been bad, again thanks to Bonespurs.

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    sandpiper  about 4 years ago

    Buying low is a prudent strategy, because market history often shows a return to normal after a time, thus improving the values. You have to wonder how well that will apply, given Buttercup’s lack of control over so many things, including the handling of the current world-wide medical crisis.

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    dflak  about 4 years ago

    I used to have a diverse portfolio, but according to the wisdom of every financial adviser I’ve ever talked to, I have been consistently transitioning to more and more conservative investments. At age, 70 I’m now almost 100% focused on wealth protection rather than growth.

    If you are middle age, don’t worry, by the time you get to be my age, your finances should have recovered.

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    dflak  about 4 years ago

    Up until last week, Trump was the sole reason the economy (which means the Wall Street 1%) was doing so well. It was entirely due to his greatness that the market was doing so well. In fact, Trump is so great that, the market started its recovery several years before he became president!

    This week, he doesn’t own it. It is the Democrat’s fault that the market is doing so poorly. People decided this week out of the blue, that they don’t like the Democratic candidates and panicked and are selling off all their stocks. The world situation and certainly NOTHING Trump has done has anything to do with it.

    According to what I have been hearing, the Democrats genetically engineered the Corona Virus and introduced it into China for the purpose of killing off people worldwide and precipitating an economic crisis solely for he purpose of making Trump look bad.

    I will take the government’s advice and turn off my television. All the news outlets (except FOX, of course) are lying to us again. The CDC is now under a gag order not to make any public statements about the virus unless they are approved by Vice President Pence. So if we all bury our heads in the sand, the virus will go away! Or maybe Trump’s wall will protect us.

    If this is the case, I MUST vote Democratic. If they have this much power, then I don’t want to cross them.

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    Michael G.  about 4 years ago

    Buy no green bananas either!

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    Zen-of-Zinfandel  about 4 years ago

    Maybe skip the discussion about spread positions.

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    wellis1947 Premium Member about 4 years ago

    Actually, if you follow the president’s advise and check your “409” instead of your 401(k), you’ll find that its’s dropped hardly at all (and if you haven’t cleaned your bathroom lately, it’s dropped not at all!)!

    And as you “know” it’s all an evil plot by the democrats to make Trump look bad, anyway. There are only 15 cases in the U.S. and their all getting ‘better’ (except the one in Washington that died, but he/she/it is all right, anyway because Trump is going to appoint him/her/it to his Cabinet, where he/she/it will fit right in.

    No worries – Donnie John has our backs!

    (The previous comments MIGHT HAVE BEEN just the tiniest bit sarcastic – but we won’t know for sure until we get them tested.)

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