Originally Posted by lewdog:
Now is not the time to get foolish. Let's talk about long term investing in sound companies. Here's my current list of positions I'm looking to add during this downturn for long term growth.
Johnson and Johnson
Visa
McDonald's
Apple
Catepillar (I question having this included)
Nike
Honeywell
Companies you'd add?
Microsoft
Paycom
Shopify
Brk-B
Teladoc Health is worth looking into with the way the medical field will go as a result of covid19 [Reply]
Originally Posted by Buehler445:
Ya know, they always told us the cure for cheap corn is cheap corn. It took like 10 years (lets call it 02 to 12) for corn to drive the market because of ethanol.
That would have been a hell of a lot of margin calls and commission if you had done it on the board.
Every time I see the word ethanol I get angry. It's what caused me to go out of business in 2008 and become a lease farm. I can't even run ethanol in my boat now because it's bad for the motor.
That article was interesting Lew. While I do think we’ll see another considerable drop from awful earnings reports in the next month, I’m not sure it will go to 18,000 range again. I could definitely see 19,000.
Either way it doesn’t matter to me. Even right. Is there’s some damn good bargains o it there on great companies if you’re like me and planning to go long term. [Reply]
Originally Posted by O.city:
Makes no sense why it wouldn’t unless people just wanna sit on homes
The housing market in New Jersey is about to get crushed.
Home sales in the state, second only to New York in coronavirus cases, may fall as much as 45% this year from 2019, while prices will drop as much as 12%, according to Jeffrey Otteau, president of Otteau Valuation, a real estate consultant in Matawan, New Jersey.
“People will be taking homes off the market and in spite of that, this will be a buyer’s market, with low inventory,” Otteau said. “It’s unusual.”
Getting a sale will require a deep discount, maybe 20% below what the seller was planning to list for, he said.