401k

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whitedust

Well-known member
Market headed up for sure with better news regarding Covid 19. What concerns me now is what party wins the presidential election in November? If close call for Democrats to win I was prepared to pull Q4 then reinvest in Q2 of 2021 in Green manufacturing companies if Republicans win I would hold and continue on with as usual investments. With the dramatic decrease in the market I held on to my paper hoped for a rapid V or U recovery. The election now looms larger than Covid 19 for our recovery and very difficult to see long term today. I will have a better feel in September but very difficult long prediction with that darn election otherwise I would hold with minor tweaks.
 
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garageguy

Well-known member
Yes mine is coming back, some of my holdings have stopped paying dividends and that will effect my income for a while. Guess I may have to limit my trips to Manards and watch my spending for a while.

- - - Updated - - -

Or look for a girlfriend that has some coin.
 
gary_in_neenah

gary_in_neenah

Super Moderator
Staff member
It looks like our 401K's were the least effected. They took a hit but not as bad as some of our other holdings. Across the board it looks like we lost about 20% and yes, it's coming back with time and a little good news.
 
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longtrack

Member
You haven't lost anything unless you sold. I bought more and now I only have to worry about the election.

If Biden wins, Silver and Gold buried in the back Yard might be the answer.

Everyone needs a good Financial adviser now.
 
T

Tracker

New member
Carbide said:
Not gonna even look until 2022.
Click to expand...

But I would buy some while your not looking...lol...there's a good chance they made the virus scare (hoax) to hit the economy to scare all the people so the senators and representatives gobble up the stocks at a super low price to get rich on the backs of all us middle classers....how do you think pelosi and the gang make 200k a year but are millionaires many many times over....google senators and insider trading....just sayin'
 
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james88

Member
I recommend stocks SHOP and DOCU. Both will do very well going forward with social distancing being in place.....
 
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highhertel

Member
As I said on another thread, SPX 3x short, SPXU.
Miners GDX. Anything Long equities, your screwed. SPX 1700 should
Be near term target. Sorry, T bag won’t save you this time.
 
T

Tracker

New member
highhertel said:
As I said on another thread, SPX 3x short, SPXU.
Miners GDX. Anything Long equities, your screwed. SPX 1700 should
Be near term target. Sorry, T bag won’t save you this time.
Click to expand...

I will run with T bag...you run with P b.itch....lol....your gonna get the crusties from her dude...get your lotion ready and pucker up...lol...SPXU has been killin' it bro...ROTFLMAO...just when ....nobody knows

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