Dividend Growth Split Corp T.DGS

This too shall pass

[flamingogold]

Remember covid? Seems like no is talking about it anymore. No masking, no more capacity restrictions. Thursday marks the 3rd anniversary of the covid market bottom. Coincidental that one of the most pivotal days of the year will be on the afternoon before the anniversary? If we selloff on fear again, it might be the buy opportunity of the year in the days ahead.

Like covid, remember that this too shall pass.

[EdPaquette]

In my province, covid hospitalizations are rising again.  Pulling up a 10 year s&p500 chart it's such a tiny drop in 2020.

[flamingogold]

Ed, I'm not trying to diminish the effect covid is still having on folks (disclaimer: I've had all my shots and boosters). My point simply was that covid devastated markets and captured headlines for 2 years and yet we still got through it. And, we will get through this current banking crises also just like we did in 2008 and the next one when it hits too! It just seems that headlines

[Bagobags]

All things pass but, DJ took almost 30 years to recover from the 1929 crash. 

[flamingogold]

The 1929 crash was monumental and why the FED dropped their pants on rates in 2020 to ward off a 20's style market repeat as litterally global commerce came to a screeching halt. Unprecedented. On the other hand, the FED of the 20's-30's made crucial mistakes, lessons learned by modern day FED officials that prevented an economic depression a century later.   It's also

[Bagobags]

You're probably right and thank you for the informed historical context. im just a guy trying to make some money, I don't have the credentials like you and mouserman!

[mouserman]

Banks always seem to bounce back, but at times it can take months, not days, from financials getting stressed from bankruns and then the subsequent failures.  Janet Yellen speech today, said more measures may be necessary.  SO i wouldnt cheer real hard yet, that the worst is over. Lets see what happens when the FEDspeak happens tomorrow. I noticed they also made all depositors in SVB

[Bagobags]

Easy to pay $15 billion when you control the printing press!

[itsthehitman]

Life was soo much more fun in the 50s and 60s....and times were kinda tough for most of us....that being said....now we have instant everything and a pile of unhappiness all over the place.....the good old days as it is said were not that bad after all. The new tech of instant info maybe isnt a blessing after all....ah...memories of the past....well...lets enjoy the here and now and remember how

[flamingogold]

I spent months in total of real time building my record collection as a youth up to the time everything went digital. Today, I can download my entire collection in an hour or two. I had a lot of fun making the journey to the local record shop, taking it back home, unwrapping it and dropping the needle onto the vinyl. Those moments live on far longer than now where I can stream anything instantly

[amugsgame]

Actually just gave the last of my vinyl to a nephew. Realized there were albums I'd bought 50 years ago. They are good memories - those purloined milk crates stacked with records - album notes - flipping the records every 15 - 20 minutes. Now thousands of songs stored on some list in the clould or on some devise the size of your thumbnail.  

[flamingogold]

And there it goes, like all the rest of the 'crises' before. Profit on panic. https://www.cnbc.com/2023/03/28/stock-market-today-live-updates.html