[lug] COVID19

[madscientistatlarge]

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‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
On Saturday, March 21, 2020 5:14 PM, Steve Litt <slitt at troubleshooters.com> wrote:

> 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
>
> Web Page: http://lug.boulder.co.us
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Gee, do you think this is the time or the place for amateur, generalized investment advice?  Do you also play a doctor on the internet?  Narcissism has never served the country and society well, it's always the exact opposite of that, the word means exactly what it means.  Please spend some time cultivating your' humanity rather than your already excessive and insecure ego.  It's sadly a society of children, usually with no inner child surviving.