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03-07-2022, 12:34 PM | #12511 |
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03-07-2022, 12:37 PM | #12512 | |
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But there was a lot of resistance type activity back when it went by there on the way up. Hopefully it holds, just from a volatility standpoint. Supposedly a lot of people retired in 20-21. With inflation and the dump of the stock market those people might be facing some adverse conditions. Whether they understand it or not. |
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03-07-2022, 01:13 PM | #12513 |
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So I’m sitting on a zoom presentation from KSU extension about the Russia/Ukraine shit.
One of the dudes just said Russia raised their bond rates from 8.5% to 20(!)% to stem the free fall of the ruble. Does it make any sense to buy some Russian bonds and take them to term? I don’t know what instruments would even be available, but a 20% return on … anything in any term isn’t a bad return. Plus if they pay out rubles after a recovery of the ruble compared to US dollars (no idea if this is possible or not). Obviously the risk would be if Russia collapsed and they’re worthless, but that seems unlikely. I know little about bonds. Am I missing something here? |
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03-07-2022, 01:36 PM | #12514 | |
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Plus trusting Russia with your money. No Thanks. |
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03-07-2022, 01:51 PM | #12515 |
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****, market is crashing.......
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03-07-2022, 02:04 PM | #12516 |
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03-07-2022, 02:09 PM | #12517 |
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03-07-2022, 02:09 PM | #12518 |
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Down over 3% on the QQQs.....
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03-07-2022, 02:20 PM | #12519 | |
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Now stop getting so worked up before your fatass strokes out or has a heart attack. |
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03-07-2022, 02:44 PM | #12520 |
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VARSITY
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I recognize that I'm an optimist on this stuff, though historically optimism is a good thing for investing in stocks.
But here's my thinking. Some of this drop (and much of the recent drop) is due to the Ukraine invasion. It's a war, so it'll end or stalemate at some point. Unless the world goes insane and a bunch of nuclear launches destroy civilization, that means we'll gain back those losses once the uncertainty ends. And if civilization is destroyed, my money's gone anyway. So this seems like a time to buy.
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03-07-2022, 04:03 PM |
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03-07-2022, 04:11 PM | #12521 | |
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I'm a dumbass, but I'm guessing the market movers were scared about the inflation. Inflation - employment stagnation - At least that's what happened in the 70s. |
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03-07-2022, 05:01 PM | #12522 | ||
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03-07-2022, 05:10 PM |
Hog's Gone Fishin |
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03-07-2022, 05:59 PM | #12523 |
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Holy ****ing balls.
What business do they have getting in a war if they're that ****ed? Or is it just that the Western Countries set out to **** Russia in response. I'd be interested to see the numbers they're using for that analysis because if it's based on the devaluation of the Ruble... it's unlikely it will stay there (I think?) and if there is one thing Russia is not, it's a 3rd world country. |
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03-07-2022, 07:01 PM | #12524 |
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Bought 150 more AMC today @ 15, average down to 21.32/share now. Still up big overall, and will be buying this site from Kyle when it rips again.
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03-07-2022, 07:04 PM | #12525 | |
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The two banks targeted by sanctions European businesses have already folded. With the Ruble hurting, the central bank would normally lean on foreign currency reserves but they're limited in that regard. Shell & BP abandoned multi-billion dollar projects with two large Russian Oil producers. I'm sure they'll sell them at pennies on the dollar. Visa & MC made it where cards issued by banks in Russia, only work in Russia. Cards issued outside Russia, won't work in Russia. Paypal stopped service to Russia. Tons of retail vendors have just closed all their shops. At some point, if you're isolated from the world economy and nobody will invest money into your gov or businesses, does your credit rating even matter? |
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