Tbh if we go 1929 mode I might aswell lose all the money, it's not gonna be worth much anyway lol.

Looks like I was wrong here, expected Trumps announcement to pump the market at least momentarily. We’re in for more red.

This post was edited by obisent on Mar 16 2020 02:01pm

5k down

Where at the leftards to tell us that stock market crashing only hurts the rich?

This post was edited by ofthevoid on Mar 16 2020 02:05pm

There's only so much they can do really. What they just said is prolly the best approach: First objective is stopping the spread of the virus as much as possible, the markets can fix themselves after that

This post was edited by Djunior on Mar 16 2020 02:06pm

what is the lowest value you'd put into individual shares per transaction? the share dealing fees are quite high so ive been sticking to a grand per buy

glad i havent bought stocks yet. a bit of btc thursday night but nothing crazy. there hasn’t been any “good news” other than the virus seemingly slowing down in Asia. Europe who knows how long it will take and same with USA, even if most of the population acts right there are too many stubborn boomers and zoomers running around. prob a few more weeks of turmoil unfortunately with lots of swings like we saw last two trading days.

fundamentals and valuations probably all got dragged back into reality now, lets see who starts shopping first among the big firms.

too bad part of my retirement portfolio is shot for now as I didn’t shift it to money market in time and i just said fuck it ride it out, but i never planned to retire anyway *LAUGH OUT LOUD*

Stock drops predominantly hurt the rich, and very much hurt the people who are retired or close to retiring.

For people who are 10+ years from retiring, this only hurts if you panic sell.

The ones who should pay for that are those doing money over money over time.
Not including private retirement plans.

And for those that are under?

> I know you just lost 20 k but it's no big deal because the rich predominantly were hurt

Holding stock is a risk. You knew that before you bought it.