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#1
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Buy QQQ at these levels and watch the ride over the next 20 years.
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#2
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right..i am waiting for dow to get to 19000...even if goes down to 14000 etc..in next 10 years..you figure will get over 19000
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#3
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The airlines sure look mighty discounted right now...
__________________
T206 Collection Completion: 130/524 Hall of Fame T206's: ?/76 Back Run: 30/37 (81% Complete) Schlei (Catching) Back run: 10/12 (minus blank back) Actively collecting t206 Hall of Famers, Southern Leaguers, and Various backs in good to excellent condition. Love talking cards too. |
#4
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I don't comment much on these type of threads but buying QQQ is a great way to start, especially at it's current level. I have several thousand shares, most of which I bought at about $50-60
Right now it's about $55 off it's high of $237, and should rebound and exceed that as the tech sector comes back. |
#5
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Quote:
__________________
T206 Collection Completion: 130/524 Hall of Fame T206's: ?/76 Back Run: 30/37 (81% Complete) Schlei (Catching) Back run: 10/12 (minus blank back) Actively collecting t206 Hall of Famers, Southern Leaguers, and Various backs in good to excellent condition. Love talking cards too. |
#6
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almost there...
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#7
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Going to offer a contrary point of view that I rarely see: be very cautious of the standard advice that the US stock market can always be counted on for a 9% per year return in the long run, you can't lose if you stay invested long enough, and similar assumptions.
This assumes that everything will work out similar in the next 50-100 years here as it has for the last 50-100, and it just doesn't work that way. Especially for a country that's only been around for 244 years and didn't start its massive economic boom until the last 100. Our nation's GDP is now around 40 times what it was in the early 1960s, and we were already the globe's biggest superpower back then. How much more explosive economic expansion can really be expected from here? Dynasties rise and fall, and when you're the current cream of the crop, it always seems like you'll shoot to the moon and your country's dominance will never end. I'm not saying that will happen (or even come close) during the lifetime of someone who's 23 now, but it's a reminder to keep any can't miss views in perspective. All that being said, any 401k employer matching does give you a consistent small leg up. But even with that, you can't count on your 401 k to no doubt provide some huge retirement egg for you. Boring ol' principal-protected investments and savings may become a lot more necessary for the eventual golden years of anyone who just got out of college |
#8
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Anybody else notice the only 5 states now with Stay at Home Orders, California, New York, Illinois, Penn., and Mass. all have a Democratic Governor.
I'm not saying I'm just saying. Current breakdown of Governors is 24 are Democratic, 26 are Republican. Yet the 5 states shutdown are again run by Democratic Governors. Just find that not to be a coincidence and somewhat interesting. I'm currently neither a Republican or a Democrat, so have no agenda, but find it interesting every story on CNN is doom and gloom, and they are obviously a Democratic station, and now the ONLY states with shutdowns, are ALL Democratic, the shutdowns also fuel the fire of FEAR. I find that Illinois has a whopping total of 5 deaths, and they shut the state down. And that is 5 TOTAL deaths since this broke in the US which was what maybe mid February. Regardless of when it started there can be 20 murders over any given weekend in Chicago. A car accident could have 5 deaths. All this over 5 deaths???? 7,700 people die every day in America, Natural Causes, Heart Disease, Cancers, other diseases, accidents, murders. 7700 a day! We have had what 200 from the Corona Virus TOTAL. I honestly think we may have cured cancer with all the money lost in the stock market and resources being spent on the stop of a virus that has killed 200 people out of 327 million Americans. 200 people die in a plane crash. Yet the economy is being destroyed, jobs lost, retirement savings wiped out, college funds wiped out, massive layoffs, oh yah kinda redundant, but all this hysteria and chaos over 200 deaths? Again over 7000 Americans die any given day. And I know yes it could spread and we need to stop the spread but was mass panic and hysteria fueled by CNN and others really necessary. And even if it did spread it's pretty much under a 1% death rate, cancer and other diseases are higher then that. CNN & other news channels ratings have skyrocketed and will keep this going as long as possible which sucks for the US, but great for their ratings. But playing the devils advocate, if we didn't do much and it spread more rapidly then it obviously will now, then you "could" have 20,000 die b4 there is a cure. At the rate its increasing (fairly slowly mind you, we won't get close to 20K deaths by the time this is over) And 18,000 died from the Flu just in 2018 (look it up), but nobody called that out or panicked, not sure why. According to the American Cancer Society, in the U.S., an estimated 606,520 people will die from cancer in 2020. This equates to 1,660 people dying of cancer each day in 2020. 20-40 dying each day to the Virus. Just wish we had put all this effort/money/concern into Cancer research and stoppage. Last edited by Shoeless Moe; 03-20-2020 at 04:56 PM. |
#9
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Quote:
Sent from my SAMSUNG-SM-G930A using Tapatalk
__________________
Barry Larkin, Joey Votto, Tris Speaker, 1930-45 Cincinnati Reds, T206 Cincinnati Successful deals with: Banksfan14, Brianp-beme, Bumpus Jones, Dacubfan (x5), Dstrawberryfan39, Ed_Hutchinson, Fballguy, fusorcruiser (x2), GoCalBears, Gorditadog, Luke, MikeKam, Moosedog, Nineunder71, Powdered H20, PSU, Ronniehatesjazz, Roarfrom34, Sebie43, Seven, and Wondo |
#10
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And yes the ventilators, etc. Get that too, but maybe get some of these city folk out to the suburb hospitals. And Italy, you can't really compare the US to Italy, Their country is the size of one of our states and all their people are near each other. And guessing they don't have a 10th the hospitals we have. The US is so spread out. I'd guess 90-95% of the US is not overwhelmed. I could be wrong. I am a lot. But I'm just outside of Chicago, and nothing. 1 person a few towns over has it. Another person a few towns the other way. Minnesota, the entire state ZERO deaths. Too much panic. At least too much to ruin an economy. Nice job China. Boy did they get even with Trump. Last edited by Shoeless Moe; 03-21-2020 at 10:11 AM. |
#11
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+1
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