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Nzoner's Game Room>Investing megathread extravaganza
DaFace 11:23 AM 06-27-2016
A place to talk about investing stuff.
[Reply]
lewdog 10:17 AM 03-07-2020
Originally Posted by O.city:
So for a guy like myself, young 30s not retiring for 30 plus years should I be concerned ?
Only if you’re buying individual stocks of shit companies, trying to find the needle in the haystack.
[Reply]
RunKC 10:20 AM 03-07-2020
Originally Posted by O.city:
So for a guy like myself, young 30s not retiring for 30 plus years should I be concerned ?
Mentioned this before, but I always go back to what Warren Buffett says.

This country has been through several presidents of both parties, multiple big recessions, several wars, and impeachment, 9/11 and several health scares. Despite that the market has done nothing but go up ever since the 1940’s.

Buy more with extra cash if you’ve got it. Great time to buy in.
[Reply]
FD 02:54 PM 03-07-2020
Originally Posted by O.city:
So for a guy like myself, young 30s not retiring for 30 plus years should I be concerned ?
Great time to buy if you have stable employment and cash on hand, as I mention I just did earlier in the thread.

But some folks also might want a rainy day fund in case the economy tips into recession.
[Reply]
BigBeauford 05:25 PM 03-08-2020
Saudis are ****ing the oil market right now. Might be a bloodbath tomorrow.

[

BREAKING: Dow futures plunge, pointing to more than 900-drop at tomorrow’s open https://t.co/VjO5Mu2c1t pic.twitter.com/7C9yKU2uLO

— CNBC Now (@CNBCnow) March 8, 2020

[Reply]
Shiver Me Timbers 05:45 PM 03-08-2020
Originally Posted by BigBeauford:
Saudis are ****ing the oil market right now. Might be a bloodbath tomorrow.

[
It has already started.
Russia is not happy
[Reply]
Hammock Parties 05:52 PM 03-08-2020
I knew I should have waited to buy SPDR

Bet it drops close to 280
[Reply]
Hog's Gone Fishin 06:09 PM 03-08-2020
:-)
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Buehler445 09:17 PM 03-08-2020
GAT DAMN

Oil gapped down $7 on the overnight. What the fuckedy fuck is going on?
[Reply]
eDave 09:19 PM 03-08-2020
It's all exploding today. Look for a big loss tomorrow.
[Reply]
Buehler445 09:22 PM 03-08-2020
So I'm getting this right that the Saudis and OPEC started a price war?

WTF?
[Reply]
Iowanian 09:29 PM 03-08-2020
Looks like I need to round up some more cash.
[Reply]
Fat Elvis 09:30 PM 03-08-2020
Originally Posted by Buehler445:
So I'm getting this right that the Saudis and OPEC started a price war?

WTF?
Actually started by the Russians who wouldn't agree to curb output with the rest of OPEC....

The Russians wanted to crater the market because they felt it would hurt US shale producers, and now the Saudis view this as an opportunity to gain market share.
[Reply]
Rain Man 09:32 PM 03-08-2020
This past month is adding years to my planned retirement date.
[Reply]
eDave 09:34 PM 03-08-2020
Originally Posted by Rain Man:
This past month is adding years to my planned retirement date.
Yea. If I was in my 30's I'd be kinda meh. But retirement isn't that far out now.
[Reply]
ghak99 09:36 PM 03-08-2020
Originally Posted by Iowanian:
Looks like I need to round up some more cash.
Me too, the last time I tried to lock in a bunch of fuel the cock suckers wanted a big chunk of the cash up front.
[Reply]
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