Thread: Investing 102
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Old 03-22-2020, 09:06 PM
XLexusTech XLexusTech is offline
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Quote:
Originally Posted by rustomatic View Post
This is what the genius airlines have been doing for years (partly to inflate their stock prices, so as to make it seem like they didn't suck as businesses) . . . for years of profits like never before. Remember how airlines used to go broke all the time, and the gubment would step in? Great financial management always leads to being broke, right? Oh, no problem, the gubment has an extra $100 billion to put them back in chargeyoutodeathforeverything mode again (once the virus thing loses its grip and toilet paper is freely purchaseable again).

As for bonds, refer to The Big Short (book or movie). Look forward to a sequel, as the same great investment strategy never stopped, however it is now joined by packaging of super-high quality car loans on $80k pickemup trucks people could totally afford.

Beer is the only answer. Next week does not look good from this distance.
Futures are down tonight stmilus bill stuck with the Dems plsyomg politics .. tomorrow is going to be a big slide me thinks
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