You know obviously we are not talking about stocks you already had 400% gains on. We are talking about general investors/retirement accounts but nice flex 
I dunno why you guys are panicking, we have had like 10 years of massive gains, so even if 20% gets wiped out right now, you are still up a huge amount overall.
Heck, my Super went up 22% last year alone.
3 Likes
Yeah, it’s different if you’re talking just buying individual stocks versus just being invested in general in a well diversified manner. Be very careful with Tesla though, it’s extremely risky. I took some key points from an analyst report for a client and this is what it said, given this report was from February 13th (I’ll check for a new report on Monday at work). TSLA has a sell rating as of feb 13th. Increased competition and the expiration of the federal EV tax credit are concerns. Also, the recent China factory start-up and Coronavirus impacts will weigh on auto gross margins in the first half of 2020. They expect Tesla to break ground on its new factory in Germany soon and for project capital expenditures ($4-5 Billion) to weigh on free cash flow in the coming quarters. They think it would be wise for Tesla to issue more equity given upcoming debt maturities and planned growth capital expenditures which could cause a share price drop. 12 month price target $440.
TBH I don’t dig that deep into the numbers. Tesla is going to be so much more than cars in the future, think Amazon.
@ccrntrade It very well could be. I’ve heard it all from developing an array of electronics to becoming a large provider of energy. You don’t have to convince me one way or the other on the outlook of Tesla though. I’m merely providing information and insight from experts in the field, do with it what you will. A lot can change in a short amount of time with a company like Tesla and these experts can be very wrong at times, it’s basically just an educated guess on their part. Remember that this is just the outlook for the next 12 months so short term.
1 Like
Thats only available on 4xx certs 
6 Likes
Don’t live a highly leveraged life with debt, and have an emergency fund. This will eliminate a lot of stress.
I believe now is a good time to buy and there will be a fast turn around. If it keeps going down, that’s ok. You just hold until it recovers.
Stay healthy friends ! 
In our country of 331 MILLION people there are under a million people affected by the virus. Actually there’s under 100,000 affected. Or even under 10,000 people. How about under 100 have been infected with the coronavirus and ZERO deaths. Less than one has been infected in my entire state of Nevada and we’re amongst the biggest tourist destinations in the world…many from Asia.
So far during this flu season, not coronavirus, we’ve lost 16,000 citizens. That’s 16,000 deaths to the regular flu and ZERO to the coronavirus.
I’ll worry about my investments when we get a relative amount of deaths from this new virus.
8 Likes
The thing is not too many people are smart like you and actually think about it… thats the issue, in our company we are currently buying and buying some stocks here in my country are on the lowest ever; people panicing might be a great chance for investors.
I highly doubt this translates to Pokemon since most of us high end collectors are, in my opinion, a bit smarter !
2 Likes
It could translate to a lot more listings in the next few months though for the people who have a lot of their capital tied up into pokemon that want to move that money into stocks at the current prices
Time will tell, but in the Pokemon Scene, there are some things that, if you sell, you might not get back anytime soon for a reasonable price, some low pop cards like 1st Ed. WOTC PSA10 or Low Pop Ex’s. I could see myself moving some cards but not the core of the collection.
True that. I just mean like common things like base set unlimited PSA 10 holos, etc.
@garyis2000, Not to play devils advocate, but lets look at it from another view point. You are correct that the flu has killed more people, but with so much focus on the coronovirus, every infected person is getting top notch treatment and the cases are very few.
“If” this thing blows up, will a mass infection of people be handled as easily or cared for like the first few cases? People are afraid of getting sick more than anything and passing it on. I saw an article that said 40-60% of people could contract it in the US if things keep going the way they are. How much of that is real? I have no idea, but even if it doesn’t kill as many people as the flu, the idea of getting that many people sick is pretty scary and it has been noted that without proper care it can be fatal, especially in weakened people. I seriously hope you are right because I can’t afford to have my family get this thing. The medical bills alone would be ridiculous…
1st death just confirmed
If anything, it’s good that all this talk about the virus reminded people about always using basic hygiene measures, such as using the elbow to cough or using knuckles to press buttons. There’s little reason to worry because most cases were retraced to persons that were in China, but because the virus has a long incubation time, minimizing the risk of transmitting through carelessness or misinformation is most important right now - it must not become uncontrollable.
Using masks for example can even increase your risk of infection - they’re really only for protecting others if you’re under the weather. I heard a kid talk about how their parents now use antibacterial gel (not disinfectant) instead of soap after taking the bus. Against a virus. So yes, education on the topic is still important. 
2 Likes
We heard the same thing about the West Nile virus. And SARS. And bird flu. And swine flu. And ebola. Heck, even mad cow disease (remember when people just stopped eating beef?). They all burned out.
Stop letting all of the fear mongering get to you. You can’t live your life like that, man.
Think about it: do you get this worried during flu season?
1 Like
That’s too bad:(
Now we have 330,999,999 people.
1 Like
Even if the spread of Caronavirus doesn’t hit many countries at pandemic levels, the economic impact of china running close to shut downs will impact everyone worlwide.
My partner works at one of the 100 largest USA companies and she gets reports from factories that they’re slowly returning but only at 10%-20% operational. A lack of supply from china reduces demand at a consumer level worldwide, leading to a downturn.
Further, the factories are asking for supplies like masks, hand sanitisers on whatsapp while emailing that “everything is okay, no worries” - not a good sign for recovery.
Personally, I run the cash flow for a listed funds management company who’s heavily invested in the in tourism sector. The impact of the china ban has started to impact one fund and i’m predicting a few more will also be impacted. While the funds can come to me more for loans which will be provided; smaller mum and dad, one off operators and retailers won’t survive which will have a ripple effect through the economy.
1 Like
4 Likes
Wait till all the businesses, hedgefunds and banks start going insolvent.
Hello negative interest rates and money creation to the moon.