Originally Posted by 007
Closed on our property to build our last home and the market was up. Overall I would say today was a good day!
Good for you!
On Sunday we bought an almost brand new car on Caravan.com will be delivered on Saturday. we are ignoring what is going on around us and living our lives, vs the lives the mass media want for us.
We dont stay at home and honestly to this day, we dont know of one case of the virus of anyone we know or anyone we know who may know.
Yes, the country employment is a mess, the deficit is a mess but life does go on and will go on, also some areas of the country not affected by the virus itself, meaning actual cases.
The stock market will move forward but just like after any downturn, one never really knows when and what is real.
Meaning the market already knows earnings will be a mess the rest of this year but are the markets already discounting that and pricing stocks for next year?
We never know anymore, money will always pour into 401k's and the markets, even if just a temporary stall. The market of today is too complicated for anyone individual to figure out, day to day. Pick value in solid companies and even more safe, index funds, use what you can afford to lose on more risky speculation or risky funds.
I am almost hoping for one huge dip in the market, I would love to buy up some more WMT at a bargain price. I purchased that stock for $98 a share back in March 2019 and would be willing to buy more up around the 110 mark .. of course there are some other major stocks I want to look into but for safety right now ( I think, WMT has been good to me)