View Single Post
Old 16th March 2020, 05:36   #25
Gate Keeper
This is my second home
 
4X4

Join Date: Jul 2010
Location: Nairobi
Posts: 20,072
Thanks: 8,286
Thanked 7,017 Times in 4,160 Posts
Default

Quote:
Originally Posted by dattrike View Post
Surely money is only "lost" if you sell when the market is down. If and when the market recovers investments value will go up provided you did not sell. It may well be a good time to invest. Please correct me if I'm wrong.
My apologies, lost is the wrong word. Thank you for pointing it out Our investments mostly in the USA markets went down by 9%. Since the fed cut the interest rates yesterday, now the values have gone back up. In the past, during a recession with people smoking and drinking more, tobacco and alcohol were a good bet. I feel for the poor in the USA who have no medical insurance and there is no NHS. I hope Mr Trump steps up to help those in poverty. So perhaps there is an investment opportunity in mechanical medical ventilators?
Gate Keeper is offline   Reply With Quote