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1 of 1- griff
- A Magical Woodland Creature
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- Posts: 2,695
Your Stock Portfolio
I hope y'all are sitting on a ton of Pfizer stock.
If you would only recognize that life is hard, things would be so much easier for you. - Louis Brandeis
- griff
- A Magical Woodland Creature
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Re: Your Stock Portfolio
Yeah, the market likes predictability and divided government.
If you would only recognize that life is hard, things would be so much easier for you. - Louis Brandeis
- •
Thread Starter- glatt
- TM
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- From: Arlington VA
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Re: Your Stock Portfolio
The market is drunk and needs to go home.
Covid cases up? Stocks go up. Covid cases down? Stocks go up. Stimulus deal is reached? Stocks go up. Stimulus deal is at an impasse? Stocks go up. Trump is leading in initial election results? Stocks go up. Biden wins? Stocks go up.
Don't get me wrong. I love having fake money on paper increase. But the market doesn't seem to be rational.
- griff
- A Magical Woodland Creature
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Re: Your Stock Portfolio
Agreed. If we don't get our feces consolidated and we get a surge of hospitalizations, homelessness, and hunger all the paper we collected throughout our work-lives could be so much smoke. This election shows us how unstable we are as a people.
If you would only recognize that life is hard, things would be so much easier for you. - Louis Brandeis
- •
Thread Starter- Carruthers
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- From: Buckinghamshire UK
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Re: Your Stock Portfolio
glatt wrote:
The market is drunk and needs to go home.
Covid cases up? Stocks go up. Covid cases down? Stocks go up. Stimulus deal is reached? Stocks go up. Stimulus deal is at an impasse? Stocks go up. Trump is leading in initial election results? Stocks go up. Biden wins? Stocks go up.
Don't get me wrong. I love having fake money on paper increase. But the market doesn't seem to be rational.
Alan Greenspan said something about 'irrational exuberance' over twenty years ago and it seems that history is repeating itself.
That said, my pension fund appears to be in somewhat better shape than it was a day or two ago.
Anyway, how on Earth have I arrived at an age when my pension fund is seldom far from my mind!
Tempus fugit.
Last edited by Carruthers (11/10/2020 8:26 am)
- monster
- Chaos is my protegé
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Re: Your Stock Portfolio
Tempus fugit.
I think Pfizer probably developed something for that too
The most difficult thing is the decision to act, the rest is merely tenacity Amelia Earhart
- Carruthers
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- From: Buckinghamshire UK
- Registered: 10/13/2020
- Posts: 259
Re: Your Stock Portfolio
Tempus fugit.
I think Pfizer probably developed something for that too
At least it's not infectious!
- xoxoxoBruce
- The Future is Unwritten
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Re: Your Stock Portfolio
It may not be infectious but sure is a lot of it going around.
If you want to know what the market will do, as a general trend it follows the US debt.
Freedom is just another word for nothin' left to lose.