OMG!!! DOW CLOSES UP 2,000 POINTS!!!! Best day since 1933

[PakFactor]

I am not happy--but for purely selfish reasons! Opened an Investment account today with sizable money only to see this. So when my Investment account, which is supposed to be 'Managed' by humans, buys the stocks tomorrow or day after it maybe 10% more than they were just yesterday. WTF!

What you buy and how much you invest?

I have 40K I put into the market few days ago and up 6K.

 

[Figaro]

Buy a farm and earn money from it... instead of wasting it on the stock markets if you have no clue about it.
Don't waste your money for such "investment".

Real estate is where the money's at ... especially with mortgage rates so low

 

[HannibalBarca]

Real estate is where the money's at ... especially with mortgage rates so low

My assets are in Farms/Real Estate and Some Investment on startups/Businesses.
And If I have to choose tmrw only one single asset, that I could be sure, will benefit me in the ups or downs... I will take the "Farms".

When Things are green... everything is "making" money...as long as it's correctly planned. But when things get hard... RE/Cash/bonds will have to be liquidated, before losing too much value.

 

[Meengla]

What you buy and how much you invest?

I have 40K I put into the market few days ago and up 6K.

Ally Bank 'Managed Investment' and my amount is double your's. Not sure how they are going to 'manage' it. Kind of wanted to get the money of the Savings account. Will know in a few days how things will end up. As of this afternoon, both Ally and Vanguard phone lines too busy and even their Chat systems..

 

[PakFactor]

Ally Bank 'Managed Investment' and my amount is double your's. Not sure how they are going to 'manage' it. Kind of wanted to get the money of the Savings account. Will know in a few days how things will end up. As of this afternoon, both Ally and Vanguard phone lines too busy and even their Chat systems..

I see, I usually stay awake from this Managed Investment programs and buy the index straight up like SPY (S&P 500) or QQQ (Nasdaq).

I purchased Boeing, SPY, Delta Airlines, Bank of America, AIG & The Hartford Insurance -- I have more money but gonna see how the package they working on goes -- if it goes close to 52 weeks high I'll sell and double my money.

 

[Meengla]

I see, I usually stay awake from this Managed Investment programs and buy the index straight up like SPY (S&P 500) or QQQ (Nasdaq).

I purchased Boeing, SPY, Delta Airlines, Bank of America, AIG & The Hartford Insurance -- I have more money but gonna see how the package they working on goes -- if it goes close to 52 weeks high I'll sell and double my money.

I am envious to the point of jealousy! I need to learn investing!

 

[52051]

US stock market jumps up and down like a third world stock market.

 

[49savage]

Many ppl have this idea of "Wolf of Wall street" when it comes to Trading.
That time is long over... it's Algos vs part time Home traders nowadays... One is feeding on the other...
It's broken... As long as you don't have a perfect enough "System", you are food for those Algos...

Investing in Farms is actually "The most" secure investment in the the long run... It will ALWAYS make money, be it in difficult or good time, as long as you adapt yourself to the market.

I learn so much on PDF, reading up on 'investing in farms' just from seeing your post. Thanks bud!

 

[OIO]

You can't save the market without saving the people!


Two Georgia health care workers died late last week after contracting the novel coronavirus, apparently the state’s first medical personnel claimed by the pandemic
The coronavirus claims two Georgia health care workers
NEWS March 23, 2020
By Alan Judd, The Atlanta Journal-Constitution
Two Georgia health care workers died late last week after contracting the novel coronavirus, apparently the state’s first medical personnel claimed by the pandemic.

A 48-year-old woman who worked at Donalsonville Hospital in southwestern Georgia tested positive for COVID-19, the disease caused by the coronavirus, and died Thursday at a hospital in Tallahassee, Florida.

The same day, a mammogram technician at Piedmont Newnan Hospital was found dead in her Coweta County home. Laboratory tests confirmed the woman had COVID-19, Coweta County Coroner Richard Hawk said.

The woman, 42, had been dead 12 to 16 hours when the police, checking on her welfare, discovered her body, Hawk said.

Her child, apparently 4 or 5 years old, was in the home at the time.

 

[PakFactor]

I am envious to the point of jealousy! I need to learn investing!

I will be willing to teach you on the side if you like if we can communicate outside of PDF.

 

[Meengla]

I will be willing to teach you on the side if you like if we can communicate outside of PDF.

Oh Bhai. Thank you. I am in too self-flagellation mode right now to think about stocks, even though @Nilgiri has tried to reassure me. I mean look at me: Sat on a wad of cash in a Savings account for months and started the Investment account on the day when the Stocks hit the highest ever for one day. And it's not even invested yet, meaning, in next 1-3 days when it will be invested the damn stocks would have appreciated even more!
<Self Flagellation Emoticon!>

 

[PakFactor]

Oh Bhai. Thank you. I am in too self-flagellation mode right now to think about stocks, even though @Nilgiri has tried to reassure me. I mean look at me: Sat on a wad of cash in a Savings account for months and started the Investment account on the day when the Stocks hit the highest ever for one day. And it's not even invested yet, meaning, in next 1-3 days when it will be invested the damn stocks would have appreciated even more!
<Self Flagellation Emoticon!>

That might be true but remember not every stock recovered yesterday, look at the banks like Bank of America and Wells Fargo hasn't moved much in the past week -- also remember one thing about indexes very few companies can move it very high and low -- if 20% of high valuation SP500 goes up and 80% of the rest goes down it might even show the index being positive. Because these indexes are weight based.

 

[Meengla]

That might be true but remember not every stock recovered yesterday, look at the banks like Bank of America and Wells Fargo hasn't moved much in the past week -- also remember one thing about indexes very few companies can move it very high and low -- if 20% of high valuation SP500 goes up and 80% of the rest goes down it might even show the index being positive. Because these indexes are weight based.

I guess, like Nilgiri, you are trying to reassure me.
Here is how my Ally Managed Investment will be made, once it's made in next 1-2 days. Right now, no response from them about what they are going to do but the money has left my Savings account. I hope the damn market DJIA tanks to 15,000 and then my investments are made!

 

[HannibalBarca]

I guess, like Nilgiri, you are trying to reassure me.
Here is how my Ally Managed Investment will be made, once it's made in next 1-2 days. Right now, no response from them about what they are going to do but the money has left my Savings account. I hope the damn market DJIA tanks to 15,000 and then my investments are made!

View attachment 617257

you will be playing with fire...
My take, if you aren't directly trading, is to just keep everything in cash and wait for capitulation.
You do not buy into a recession...but out of it...

I understand the "excitement" of profit when you see those pumps/dumps and those high %... but it isn't worth it... be patient.

 

[PakFactor]

I guess, like Nilgiri, you are trying to reassure me.
Here is how my Ally Managed Investment will be made, once it's made in next 1-2 days. Right now, no response from them about what they are going to do but the money has left my Savings account. I hope the damn market DJIA tanks to 15,000 and then my investments are made!

View attachment 617257

VWO, VEA, IJR, IJH get out of those and put into IVV & QQQ (do a 70/30 split) for the bonds get out of them all and have money in BND