Quote:
Originally Posted by Onkel Neal
So; this is like 2008, possibly. Stocks are down but should we assume that in 6 months - 2 years this virus will run its course, businesses will recover even grow from pent up demand?
If you put $10,000 into a stock today that is selling @ $20, if/when it returns to its normal value @ $60, then you triple your money. We saw this in 2008-2011.
If you have the stomach for the risk. If it does not work out, there's no one to complain to. It's every man for himself in the markets.
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2008 the Dow dropped to 6600. Then went to 29000 in the past year. This market will roar back. The computer traders are in a frenzy. Media is driving the panic.
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“You're painfully alive in a drugged and dying culture.”
― Richard Yates, Revolutionary Road
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