Post by
Chefboy69 on Dec 28, 2022 12:59pm
Full recession is upon us
NO santa claus rally this year
and market keep getting hammered
WORST YEAR SINCE I HAVE BEEN IN STOCKS
I was invested in mutual funds( financial advisor cra.p) in 2008 when collapse happened and i started investing in stocks in 2013
Comment by
flamingogold on Dec 28, 2022 4:07pm
Luckily you never endured the 2001 dot com bust. Learned my lesson well back then. Total wipeout of capital on many startups... to zero. CM is not going to zero and recessions end. But, left in its wake will be the wipe out of all the garbage companies and speculation, which is a healthy part of market mechanics. Just stay diversified. Don't follow the crowd. Be patient.
Comment by
flamingogold on Dec 28, 2022 4:14pm
Correction... 2000 dot com bust followed by 2 years of melt and 10 years later... the S&P/Dow were still down. The lost decade.
Comment by
Chefboy69 on Dec 29, 2022 11:17am
if this stock moves $10 to the upside then i will celebrate UNTIL THEN THIS IS JUST TRADERS doing their thing