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Chitchat SNP down 8% in one day wtf

frenchbriefs

Alfrescian (Inf)
Asset
Anyone seeing this?the dream crash we have been waiting for the last ten years is finally here!!!!stock market down nearly 25 percent from peak in one month!!!!!

I
 

frenchbriefs

Alfrescian (Inf)
Asset
Kinda a noob at this.....any stock experts here?is there a way I can leverage my money and buy more snp500 shares?

Like es futures?I only got 5k liquid cash.
 

Thick Face Black Heart

Alfrescian (InfP)
Generous Asset
Kinda a noob at this.....any stock experts here?is there a way I can leverage my money and buy more snp500 shares?

Like es futures?I only got 5k liquid cash.


How can you play futures with just $5K cash? One lot S&P futures requires anywhere from USD 15K to 30K of collateral upfront.
 

frenchbriefs

Alfrescian (Inf)
Asset
How can you play futures with just $5K cash? One lot S&P futures requires anywhere from USD 15K to 30K of collateral upfront.

Oh....mini futures or something?like es,fark 8 years ago I could trade es futures on my think or swim account.....was so simple just right click and buy.....now I want to buy also dunno how.....
 

frenchbriefs

Alfrescian (Inf)
Asset
Futures is a bit risky?unless there's futures that last longer than two years......how exactly do these darn things work?I know there's a target price and an expiry date for options.
 

frenchbriefs

Alfrescian (Inf)
Asset
Buy ...lots of good stocks to buy.
S&P needs to fall a lot more to make this a bargain.
It's already a bargaint......u don't get a 25 percent discount everyday......it would probably drop further to 40 percent or more but u can just buy all the way down.
 

laksaboy

Alfrescian (Inf)
Asset
Kinda a noob at this.....any stock experts here?is there a way I can leverage my money and buy more snp500 shares?

Like es futures?I only got 5k liquid cash.

Don't buy anything. Wait till early April when the shit really hits the fan.

Wait till after 4th June, then see what happens.

Also, if you somehow still hold RMB and HKD, dump them quickly. Russian roubles are also fucked, water will become more expensive than oil.

Stay away from cryptocurrency... it's a big scam with a cultish following.

Right now it's all about liquid cash and staying alive. Forget about profits and financial gains.
 

Narong Wongwan

Alfrescian (Inf)
Asset
Don't buy anything. Wait till early April when the shit really hits the fan.

Wait till after 4th June, then see what happens.

Also, if you somehow still hold RMB and HKD, dump them quickly. Russian roubles are also fucked, water will become more expensive than oil.

Stay away from cryptocurrency... it's a big scam with a cultish following.

Right now it's all about liquid cash and staying alive. Forget about profits and financial gains.
When he says buy I assume he means trade. You can either long or short the market.
Periods of high volatility are the best times to make money.
Cryptos are best in this respect. Today dropped 30%. Short sellers laughing all the way to the bank.
 

frenchbriefs

Alfrescian (Inf)
Asset
Don't buy anything. Wait till early April when the shit really hits the fan.

Wait till after 4th June, then see what happens.

Also, if you somehow still hold RMB and HKD, dump them quickly. Russian roubles are also fucked, water will become more expensive than oil.

Stay away from cryptocurrency... it's a big scam with a cultish following.

Right now it's all about liquid cash and staying alive. Forget about profits and financial gains.

Things are cheap and getting cheaper,that's why u should be buying.....only fools stay in cash and sell when they should be taking out a loan on their house and buying even more.

My plan is simple,I'm just loading up on SNP 500 index fund IVV and maybe abit of LVS casino stocks.
 

laksaboy

Alfrescian (Inf)
Asset
Things are cheap and getting cheaper,that's why u should be buying.....only fools stay in cash and sell when they should be taking out a loan on their house and buying even more.

My plan is simple,I'm just loading up on SNP 500 index fund IVV and maybe abit of LVS casino stocks.

Do whatever you want, just don't jump off a tall building.
 

frenchbriefs

Alfrescian (Inf)
Asset
Do whatever you want, just don't jump off a tall building.
Not sure why would anyone do that,those who are well prepared with a massive warchest,this is the opportunity of a decade we all have been waiting for since 2008,2009,while others are busy panicking and dumping their assets and trying to "stay alive",others with ample warchests are gleefully scooping up depressed stocks and properties,battered stocks that are being battered as the days go on.....

Cause we know in the long run,just like when SNP was crashing from 1400, to a low of 666, in future 2 to 5 years time when the crisis is over,not only will things recover they will even surpass previous levels to even greater heights....whatever u buy now at depressed prices is going to make a huge profit it's literally money in the bank.......we seen this before not once but so many times,the two stock market crashes,the oil crash back in 2009 when oil fell from $130 a barrel to like 39,made a nice little profit from that.....it's an endless cycle,any crisis is a huge income opportunity...markets react more than they should....

Oh right,if US reits fall too I'm buying that.....reits were a beast after the housing market crashed in 2009......IYR had a 400 percent return over the last ten years......an annualised gain of more than 10 percent a year for 10 years straight.reits and properties usually perform strongly when times are good,if u can buy them during a recession,u just amplified ur profits.....

I mean look at IYR now,it had a strong tremendous and steady growth the last ten years........in just one month it plunged by 25 percent......are people crazy or what?USA is panicking because the Wuhan is now worldwide?
 
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