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Thread: The Current Situation

  1. #21
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    I'm still hoping to downsize. Just getting a smaller footprint all around. That is where the savings will go, should we find something. Time will tell.
    To give pleasure to a single heart by a single act is better than a thousand heads bowing in prayer." Mahatma Gandhi
    Be nice whenever possible. It's always possible. HH Dalai Lama
    In a world where you can be anything - be kind. Unknown

  2. #22
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    The IRA DH inherited a year ago was half invested in Nvidia stock which did quite well...until it didn't. I kept telling DH we need to move that around but he has little interest in finances. We are OK financially but I worry quite a bit about growing old in this house we find ourselves in. This does not seem like a good time to try one more time to find a more appropriate house.

  3. #23
    Senior Member Tradd's Avatar
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    I like payday when I can move a nice chunk from paycheck into savings.

  4. #24
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    Quote Originally Posted by Tradd View Post
    I like payday when I can move a nice chunk from paycheck into savings.
    I totally agree. It's a great feeling!
    To give pleasure to a single heart by a single act is better than a thousand heads bowing in prayer." Mahatma Gandhi
    Be nice whenever possible. It's always possible. HH Dalai Lama
    In a world where you can be anything - be kind. Unknown

  5. #25
    Senior Member Rogar's Avatar
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    Quote Originally Posted by LDAHL View Post
    I’m a bit of a contrarian. If the current situation leads to significant panic selling, I’ll move a bit more into equities. I can’t remember who it was that said recessions serve to return stocks to their rightful owners.
    The question can become, how long will it take after a recession for the market to return to the mean and how low can it go.
    "I spent the summer traveling: I got half-way across my backyard." Louis Aggasiz

  6. #26
    Senior Member catherine's Avatar
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    Do you think Trump is pulling the biggest Big Short ever? I just feel he's playing us all.
    "Do any human beings ever realize life while they live it--every, every minute?" Emily Webb, Our Town
    www.silententry.wordpress.com

  7. #27
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    I am reminded of the SNL skit line "look what I can do."

  8. #28
    Senior Member Rogar's Avatar
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    Quote Originally Posted by catherine View Post
    Do you think Trump is pulling the biggest Big Short ever? I just feel he's playing us all.
    I have thought that same thing. There are probably people on the inside who could make a few more million if they could know the next move for tariffs or other shock Trump announcements.

    The evening news had a feature on common grocery store products that would see price increases. It's probably futile to predict what's next and for how long, but I've at least thought about getting a large bottle of olive oil and sticking a couple of pounds of coffee in the freezer this week. They already seem expensive, but stockpiling may not make that big a difference. I think a lot of common prescription medicines come from India.
    "I spent the summer traveling: I got half-way across my backyard." Louis Aggasiz

  9. #29
    Senior Member Tradd's Avatar
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    Pharmaceuticals are not included in the reciprocal tariffs.

  10. #30
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    Quote Originally Posted by catherine View Post
    Do you think Trump is pulling the biggest Big Short ever? I just feel he's playing us all.
    Well, the Dow was down almost 1700 points yesterday. Pre-market futures are -1050.
    So what do you think?

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