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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza
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Old 03-07-2020, 10:17 AM   #3886
lewdog lewdog is offline
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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.
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Old 03-07-2020, 10:20 AM   #3887
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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.
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Old 03-07-2020, 02:54 PM   #3888
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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.
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Old 03-08-2020, 05:25 PM   #3889
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Saudis are ****ing the oil market right now. Might be a bloodbath tomorrow.

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Old 03-08-2020, 05:45 PM   #3890
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Saudis are ****ing the oil market right now. Might be a bloodbath tomorrow.

[
It has already started.
Russia is not happy
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Old 03-08-2020, 05:52 PM   #3891
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Old 03-08-2020, 06:09 PM   #3892
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Old 03-08-2020, 09:17 PM   #3893
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Oil gapped down $7 on the overnight. What the ****edy **** is going on?
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Old 03-08-2020, 09:19 PM   #3894
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Old 03-08-2020, 09:22 PM   #3895
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So I'm getting this right that the Saudis and OPEC started a price war?

WTF?
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Old 03-08-2020, 09:29 PM   #3896
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Looks like I need to round up some more cash.
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Old 03-08-2020, 09:30 PM   #3897
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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.
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Old 03-08-2020, 09:32 PM   #3898
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Old 03-08-2020, 09:34 PM   #3899
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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.
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Old 03-08-2020, 09:36 PM   #3900
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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.
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