Results 8,851 to 8,875 of 18222
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03-09-2020, 09:06 AM #8851
Robinhood is not down (actually, yes it is ), because Robinhood wants everyone to know the best service a retail broker can provide is not answering the phones during a crash. /s
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03-09-2020, 09:08 AM #8852
I’m waiting for a video of some dumbfuck in a MAGA hat being interviewed, and saying that this market drop is ‘Fake News’.
Forum Cross Pollinator, gratuitously strident
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03-09-2020, 09:10 AM #8853
If I knew the answer to that question, I wouldn't be posting on the internet right now. I would be sitting in my Heli waiting for take off, somewhere up in Northern BC right now.
But I did go to cash on a big chunk of change last December so I could buy a piece of land. So, I guess, I timed that right., maybe..."We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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03-09-2020, 09:17 AM #8854
Two things- I wouldn’t buy a levered etf until things actually settled and there’s a bit of clarity. 2. You need to be right on direction and timing. Those levered etfs bleed more money on the downside than they gain on the upside based on their funding.
Call options not a bad proxy if you have a timeframe in mindDecisions Decisions
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03-09-2020, 09:36 AM #8855
Thanks for the helpful notes.
Might be best to allocate some of those investment funds to accelerated development of my emergency winter shelter project...hedge against complete collapse of western civilization as we know it. Might need it next winter to stay warm.
Long: polyethyleneMaster of mediocrity.
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03-09-2020, 09:47 AM #8856Funky But Chic
- Join Date
- Sep 2001
- Location
- The Cone of Uncertainty
- Posts
- 49,306
Meanwhile Verizon's up. That company sucks so hard they can't even crash right.
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03-09-2020, 09:49 AM #8857
No one should be using leverage, unless it’s someone else’s money.
Sent from my iPhone using TGR Forums
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03-09-2020, 10:35 AM #8858Registered User
- Join Date
- Jun 2007
- Location
- Seattle, Wa
- Posts
- 57
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03-09-2020, 10:48 AM #8859
Well, I guess Trump might not do a ‘pathetic attempt to calm the nation’ speech tonight...
https://www.cnbc.com/2020/03/09/trum...tock-drop.htmlForum Cross Pollinator, gratuitously strident
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03-09-2020, 11:57 AM #8860"Can't you see..."
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03-09-2020, 12:16 PM #8861
Just bought more.
Call it opportunistic dollar cost averaging.
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03-09-2020, 12:54 PM #8862
Drift but related.
Would you walk away from a real estate purchase at the moment?
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03-09-2020, 12:57 PM #8863
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03-09-2020, 01:04 PM #8864
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03-09-2020, 01:06 PM #8865
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03-09-2020, 01:08 PM #8866
depends where and if up market or down market. thinking the affordable stuff may soften but more of a flesh wound. more luxury stuff I'm guessing is going to get hit more with people's brokerage statements sucking so bad (and for a while). maybe put in real estate crash thread for some more opinions
Day Man. Fighter of the Night Man. Champion of the Sun. Master of Karate and Friendship for Everyone.
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03-09-2020, 01:35 PM #8867
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03-09-2020, 01:48 PM #8868
Is the stock market going to tank?
I’m in Seattle it’s a super heated market right now. After being level for 2 years. I’m an agent losing on deals for buyers left and right at 7-10% over list, for the appealing property.
Negotiating an off market deal for myself on a unique mid century rambler built by Paul Kirk. I’m catching it before it hits market next month. It borders my FIL - which is a good thing he’s rad (and gifting house eventually). The 2 lots would make 3 on new development.
Just don’t like the timing. Mrs Cascade will cry if it doesn’t happen. The place will make life happier, it’s remodeled and dope for the price range. Its a property that will bring mid to upper 8s with 2.4M new construction across the street. Granted those have 2k more sqft
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03-09-2020, 01:59 PM #8869
Depends, if the price is more in the starter price range for the area, then no, as rates a great and starter home prices going down much are not likely IMO.
Million dollar home? Those are taking a beating everywhere anyways. Throw in big losses in portfolios and it will likely get worse before better. I would wait.
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03-09-2020, 02:10 PM #8870
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03-09-2020, 02:13 PM #8871
Cat and ups put in new 2 yr lows. Took out dec 2018 lows. Going to be carnage if that keeps up.
Sent from my iPhone using TGR Forums
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03-09-2020, 02:13 PM #8872
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03-09-2020, 03:40 PM #8873
Seems as good as place as any to post this link.
https://www.yahoo.com/news/m/d555c5a...raws-2020.html
Broomfield-based Vail Resorts Inc. (NYSE: MTN) withdrew its fiscal year 2020 guidance due to the uncertain impact of COVID-19, also referred to as the coronavirus, in a regulatory filing Monday. Additionally, the company estimates that its earnings before interest, tax, depreciation and amortization for fiscal year 2020 will be approximately “$20 million below the midpoint of the guidance range previously issued on January 17, 2020,” the filing said. “Given the uncertainty surrounding the impact of the coronavirus on the broader U.S. travel market and any specific impact to the performance of our Company, we are not issuing guidance at this time for fiscal 2020 and are withdrawing our previous guidance issued on January 17, 2020,” CEO Rob Katz said in a news release."We don't beat the reaper by living longer, we beat the reaper by living well and living fully." - Randy Pausch
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03-09-2020, 03:42 PM #8874
To repsond to the thread title- yes, the stock market is going to tank.
Is the real estate market going to tank?
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03-09-2020, 03:44 PM #8875
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