/biz/ - Business & Finance

it's free money

>>17861395

>>17861358
All part of the plan.

>we n-need to j-just print more monies fed b-bros

>>17861395
It was MY money

>>17861483
and now it's free

>>17861412
Real talk
Why shouldn't you buy the dip
It seems like a good idea

>>17861619
if it seems like a good idea to you
you being stupid
you should do the opposite of your idea

also, point to a dip that was just 20% JUST

>>17861619
you buy the dip once things stopped dropping

>>17861674
We're down 30%

>>17861721
how do you buy the dip once it's gone?

>>17861821
it doesnt recover overnight
dont try to be an oracle, waiting for trends is still very profitable

>>17861358
The knife-catchers are bleeding fucking everywhere in here, it's gross.

>>17861885
The fact that you're not an oracle is why it's better to buy the dip than time the trough

>>17861945
okay, enjoy catching falling knives

>>17861358
That's what happens when you buy shitcoins !

>>17862007
Just buy an index. Either it will surely recover, or the economy has collapsed

I'm looking at buying some Vanguard funds

I'm looking at selling some Vanguard funds

>>17861358
>mfw this isnt even the most up-to-date chart and its even lower now

Just buy discount dividend stocks. If the stock doesn’t recover eventually (it will) at a 4% yield it will pay for itself in 25 years! Literally free money bros

>>17861483
It says federal reserve note. Its their money not yours

>>17861945
>>17861821
>>17861619
The dip is fucking huge and will continue to be fucking huge. The recovery will obviously be one of hesitance, even if it's solely coronavirus based in which case the growth will slowly happen as we go over the new cases peak, not a sudden surge that brings us back to pre-recession levels. At 1-2 weeks of steady growth, a trend will be established, and we'll still be under 2016 levels.

>>17862178
this isn't entirely wrong though. still, go well under what you can afford and know it's absolutely a long haul decision, because we might not pass 2020's peak for a few years.

>>17861358
Im not the oonly one

>>17862990
Yeah I'm not saying that buying now's going to make anyone quick cash. We're not going to see a ton recovery until at least April when the heat kills off the virus. I'm just saying that it's a solid mid/long term investment strategy to buy now, because we may not get another correction of this magnitude for a while.

>>17863255
>when the heat kills off the virus

I agree with you on all the other points, but there isn't much evidence of this being the case yet. Even basedboy DJT is starting to say August. This is a long haul recession even if it's solely corona based, which I don't think it is.

But you're 100% right about index funds working in the long run unless the economy collapse is imminent, in which case having some money in an index fund is going to be the least of your worries.

this is my groove rn lads

https://www.youtube.com/watch?v=nLAWPrCUQQ0

>>17863514
my life's theme song

>>17863255
> when the heat kills off the virus
The previous SARS was kind of successful in Saudi Arabia, and so is this COVID19.

>>17863255
>when the heat kills off the virus
How in the fuck

>>17863769
Why do you think flu season is a thing? Respiratory virus infection goes down with temperature. Not all the way, of course, but substantially. Most people think it's a function of heat decreasing humidity.