I grabbed a few large bank stocks as a 1-2 year play but putting most into S&P index for the long haul. Planning to dollar cost average on the index over the next few weeks. Good/bad?
Sooo I threw some money in a few days and am up 12% in that time. Do I take the gains tomorrow and sell out and wait for another correction?
Just found out I'm either furloughed for a few months or taking a 20 percent pay cut, company wide...imagine I'm not the only one. I would not buy into that market..we are headed for some ****
Same. Mandatory furlough day once a week = 20% pay cut.Just found out I'm either furloughed for a few months or taking a 20 percent pay cut, company wide...imagine I'm not the only one. I would not buy into that market..we are headed for some ****
If u plan not to hold long term I would dump before the weekend.I grabbed a few large bank stocks as a 1-2 year play but putting most into S&P index for the long haul. Planning to dollar cost average on the index over the next few weeks. Good/bad?
Same. Mandatory furlough day once a week = 20% pay cut.
Anyone who wants to can be laid off but I think I'm making more money still working than on unemployment. Plus I want something to do hahaI always was nice when I ran the factory I did. I made sure to lay people off for a whole week so they could get unemployment for the time off and not have to just take a cut in pay that way. I know it isn't 100% for unemployment but i know businesses that would do the 1-2 days each week to keep the unemployment down.
Oohh, I definitely understand that. 4 days is still better than unemployment. It is around 60-70% if your normal pay. I had enough people that had side jobs that they did for cash here and there that they could be close to normal wages if I gave them better than a day here and there stretch. I need to get outside and start hauling some stuff and getting things ready, but I'm trying to wrap up office stuff for my side job now.Anyone who wants to can be laid off but I think I'm making more money still working than on unemployment. Plus I want something to do haha
We were hit with the same news. I lost my job and my wife has to take a 15% reduction in salary.Just found out I'm either furloughed for a few months or taking a 20 percent pay cut, company wide...imagine I'm not the only one. I would not buy into that market..we are headed for some ****
I sold everything today. I'll pick it up after it crashes next week.
I sold everything today. I'll pick it up after it crashes next week.
I don't understand this market at all, we are heading into a depression with double digit unemployment, and people are buying? This is not ending in the next few weeks.