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To: Black Agnes
Move any stocks to cash.

Consider buying inverse Exchange-Traded Funds...but remember by the way they are created, they lose value fairly quickly if they just sit there.

So either use a little bit as a hedge against a big market reversal, or get the timing of the crash *exact*.

Or wait till the market has cratered 40% and scoop up bargains. Warning: most companies, being run by verminous dishonest evil lazy thieving cretin MBAs as their own personal piggy banks, are reliant on Just-in-Time sourcing from CHINA (no warehouses full of reserve product or supplies), and funded operations with debt, not stock (because our foul dishonest Congress wrote the laws to tax the hell out of companies which fundraise through stock, but reward those which borrow).

So choose carefully.

716 posted on 02/21/2020 10:30:19 PM PST by grey_whiskers (The opinions are solely those of the author and are subject to change with out notice.)
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To: grey_whiskers

Fortunately, we are poor. No stocks to worry about.

But I do know how to grow food, preserve it and save seeds.


717 posted on 02/21/2020 10:33:45 PM PST by Black Agnes
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To: grey_whiskers

Just migrated my investments. I plan on sitting on it until I see the virus gone and the markets under control.


749 posted on 02/22/2020 5:50:24 AM PST by DEPcom
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