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Originally Posted by Cajungator26
Because you're getting great prices on great companies ...
Not that I can compare this to the Great Depression at this point, but most of those that bought during those times came out on top after it was all said and done. Do you not agree? I understand that there are those that absolutely HAVE to sell right now and can't afford to invest, but if you can, you should. People that are bailing on the market because of what they are hearing by the media are not fully informed and they are actually assisting in causing this mess. One has to have faith that we WILL pull out of this ... obviously this is a speculative way of thinking, but aren't most of us on here gamblers by nature???
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This is not gambling for entertainment.
I have never gambled on horses fully expecting to make money.
Still trying to figure out where to go with funds.
Credit is so hard, interest rates from banks are very
high to individuals and small business because they expect to
lose some of the loans. But there are some bond sectors yielding
16%. Even if 10% of those loans are not paid... one might still
pull some signficant bucks.
I just dont want too many folks who did not start this mess
to get hurt. Everyone on here is going to pay for this in someway,
but some people are really getting hurt. And I dont think its done.