Its a great feeling, even though always remember, you haven't made 56%, you have a 56% unrealized gain until you sell it. I only say that because I got used to reminding myself as well. I am, have been doing quite well, just remember, its not real money or "realized" gain until you sell it.
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- Thread starter Oildudeny
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I agreed with some of your past posts but not this one in your reply to the health industry employee.
The good news for me is, if many others feel like you do (and I think the press will scare them so) then I am hopeful I maybe right and the stock market will continue to climb.
"The Surge" in other parts of the world, non issue here. People are plain worn out, anyone afraid of getting sick can get vaccinated, I mean, how much more simple can that be? Afraid of being sick? get a shot, done. Slowly over the coming weeks that will sink into peoples head and get the remainder onboard to start spending, spending, spending, like Americans do soooooo well!
There will be no surge in the USA, its done, over with but I am glad others dont think so, it means, more room for the market to go up and up and up *LOL*
25% of the country has had at least one shot, another 25% doesnt want a shot, as of Wed March 31st anyone over the age of 16 can get a vaccine in my state. Its stupid simple, for the last month you can schedule an appt for a vaccine, almost at will, chose the time and date and get it in as soon as 24 hours or whenever convenient for you over a 5 day period. I think this will sink in and the market take off, money burns holes in Americans pockets, I dont expect that to change and the spending will take off. Actually its doing quite well.
(please no more virus talk, the thread will get closed)
But the reasoning is simple for my past posts, I think spending will explode by summer and next holiday season? Wow!
That doesnt mean the market will follow, keep in mind, markets look forward but a strong case at least (in my mind) for now until the early fall.
So, we’ve wandered through discussion of jobs, personal history, work ethic, fair pay, and now, pandemic.
Can we go back to the stock market and investing discussion?
Can we go back to the stock market and investing discussion?
I'd be happy for you to prove me wrong.
The joke is....all these things are the market.
Yeah, lots of that is kind of off topic.
On Topic: When oil turned negative I bought 3X leveraged oil ETF to take advantage of the climbing prices in the future.
Here in FL, 87 octane is approaching $3 a gallon.
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Indeed. The critical and important distinction between realized and unrealized gains (or losses).
In BC we're paying $1.479 Cdn/liter which is $4.47 US/US gallon. It's no wonder people here (mostly) drive smaller vehicles.
Don't forget you ownly own 70% of that 401(k) balances.....taxes are coming.
Isn’t that true of your salary/wage too?
if one is worried they should start funding a Roth. Seems like the stand advice is to fund 401k until full company match, then max out Roth, then go back to funding 401k.
Yeah, I try to remove emotion from the investing equation but its hard to do when I saw what I saw yesterday. Free flowing money at the registers, now is the market already banking on the increase in retail sales from the newest round?(most likely)
But what about the other unknown which may also move the market higher, the willingness of the consumer to take on new debt. This could really propel us into a booming economy that is already pretty good. I suspect this willingness will prove to be true. We will see!
Which has been reflected in recent share prices.
Check out UAL stock performance over the last 12 months.
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Wish that was the same for Canadian airlines.
Hasn't the whole market priced in a recovery ?
It's only when you take it out. When you're retired, you might only be in the 12-22% bracket.
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Even though they bought up 7x what they needed for vaccine, the key point is delivery and they're lagging way behind the US. I think once they get enough, they will start to open up also so you might be able to buy low at this point.
The US market, maybe not the rest of the world as we lead the world in total doses administered.
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