McInnis 03 said:

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Appreciate the input y'all. Rough week for my account. Will see what Monday brings. I do really thank you for the input and will re read out a few times to bang it into my head.

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Prognightmare said:

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khaos288 said:

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Gotcha, thanks for the reply. I was thinking there was obviously some historical data to go with that assumption, but I just didn't know what it was.

Is the thought Literally pick and choose what your 401ks are invested in?

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It's been awhile since I was really looking into it, but this is basically what their plans are. I also should say, it's progressives, most dem pols are progressives but there are also some republicans, so both are corrupt *******s.

1) They want to change the legal definition of IRA and 401Ks into "Trusts". The government would be the trustee. They will then tell everyone that they will guarantee income when you reach a certain age. Think UBI, for old people.

2) They'll use the majority of your investments to buy government bonds, for "safety". The real reason, is because of insane spending and printing of money the dollar will fall and foreign nations will stop buying our bonds.

3) Essentially, your retirement accounts would become the property of the government. You'll get a monthly stipend but you will not be able to will it to your heirs.

It's evil, and everyone needs to be vigilant in the future when congress, regardless of who's in control, starts talking about this ***** Pushback needs to be quick, loud and overpowering.

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IrishTxAggie said:

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Someone always knows...

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claym711 said:

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Prognightmare said:

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khaos288 said:

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Gotcha, thanks for the reply. I was thinking there was obviously some historical data to go with that assumption, but I just didn't know what it was.

Is the thought Literally pick and choose what your 401ks are invested in?

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It's been awhile since I was really looking into it, but this is basically what their plans are. I also should say, it's progressives, most dem pols are progressives but there are also some republicans, so both are corrupt *******s.

1) They want to change the legal definition of IRA and 401Ks into "Trusts". The government would be the trustee. They will then tell everyone that they will guarantee income when you reach a certain age. Think UBI, for old people.

2) They'll use the majority of your investments to buy government bonds, for "safety". The real reason, is because of insane spending and printing of money the dollar will fall and foreign nations will stop buying our bonds.

3) Essentially, your retirement accounts would become the property of the government. You'll get a monthly stipend but you will not be able to will it to your heirs.

It's evil, and everyone needs to be vigilant in the future when congress, regardless of who's in control, starts talking about this ***** Pushback needs to be quick, loud and overpowering.

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Agree this is coming. When they digitize all money and link out accounts with the Fed(treasury), it's over. Retirements are a govt honey pot.

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EngrAg14 said:

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McInnis 03 said:

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Appreciate the input y'all. Rough week for my account. Will see what Monday brings. I do really thank you for the input and will re read out a few times to bang it into my head.

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You seem to be like where I was around a year ago.
Not holding long enough before the big pushes up or down, seeing money being gained or lost and freaking out to sell too early instead of going with what my chart reading and indicators were telling me only to be fulfilled hours or days later and realize I left gains or took additional losses I didnt need to take.

Follow the set of 'rules' you come up with and dont get off them. Such as always take profit of 50% etc, a profit is a profit much better to win some than lose a lot.

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Carlo4 said:

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Anyone have a site or list of Australian companies to invest? I went and looked at case data and have a hunch they will do much better at recovery and return back to "normal" life.

https://www.worldometers.info/coronavirus/country/australia/

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leoj said:

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Hp pointing out higher lows on ROKU

Edit: on the weekly chart

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Prognightmare said:

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leoj said:

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Hp pointing out higher lows on ROKU

Edit: on the weekly chart

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This is gonna be an important week for ROKU. There is going to have to be a big push higher with earnings or it could spike down towards that big gap at $98-100. JMO. It's in no mans land right now.

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Bonfire1996 said:

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sherminator said:

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Sweden has a higher death/1M than us. What am I missing about their great approach?

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they won't have nearly the proportional increase in the following like we will:

- financial stress related suicide
- isolation related suicide
- child sexual abuse
- domestic abuse
- alcohol related abuse
- elderly isolation neglect

But since those aren't COVID, it doesn't count, right?

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khaos288 said:

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Prognightmare said:

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leoj said:

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Hp pointing out higher lows on ROKU

Edit: on the weekly chart

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This is gonna be an important week for ROKU. There is going to have to be a big push higher with earnings or it could spike down towards that big gap at $98-100. JMO. It's in no mans land right now.

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Yep, the stocks that are seeing gains/holds during lockdown have potential to trend down during re-opening.

I do think Roku is good long term though. There's a reason it flashed so high this year. It's got a good business model, and is expanding. Plus I think there is a certain amount of stay at home/work from home that will be embedded in the culture from now on that will lead to more entertainment purchases via roku. Heck even a single major studio decides to start releasing straight to stream is a huge boon for roku.

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