[lug] COVID19

[Steve Litt]

On Sat, 21 Mar 2020 09:27:13 -0600
Bucky Carr <bcarr at purgatoire.org> wrote:

> Not sure what additional info you are seeking, so here is some wise 
> investing advice for times like these:
> 
> <https://humbledollar.com/2020/03/27-things-to-do-now/?utm_source=mailpoet&utm_medium=email&utm_campaign=another-ses-test_7>

If you have extra cash, an excellent move is dollar cost averaging.
Every month you buy $X worth of securities. If the market goes down
more, at least you have the benefit of being able to get the securities
even cheaper this month. If it goes up, you just realized a gain from
last month. When the market comes back to 29,000, you'll have made
significant gains.

But what if the market never returns or takes 20 years to do so? That's
why you also invest in water containers, canned food, gold bullion
coins, ammunition and guns. Pray you never need them, but you now have
at least a minimal hedge against economic collapse.
 
SteveT

Steve Litt
March 2020 featured book: Troubleshooting: Why Bother?
http://www.troubleshooters.com/twb