Anyone jumped back in
- Thread starter jflores
- Start date
Maryland is setting up online classrooms, my kids start that program on Monday.I'm sure other states are too.
I think Kaz or or one of the other admins said something about how Nebraska schools likely won't be back in school the rest of this year either. Edit: And its an *exemplar* state according to the President
Last edited:
Gov Abbott has higher approval ratings than the POTUS and has issued the standard "no gatherings of more than 10 people" thing a couple weeks ago.
Here's what he had to say this week:
"It's clear to me that we may not be achieving the level of compliance that is needed," Abbott said during a news conference in Austin. "That's why I said before I remain flexible in my statewide standard.
"We will continue to evaluate, based upon all the data, whether or not there needs to be heightened standards and stricter enforcement," Abbott added.
Not sure what's coming for Texas, but it seems at least likely that further restrictions and/or enforcement are coming.
https://www.texastribune.org/2020/0...als-he-may-consider-stricter-coronavirus-ord/
Last edited:
What are they going to do? Start arresting people?
I said before it'd be interesting to see what happens in Texas and the border areas. Especially the impact on illegal crossings.
Maryland has issued travel passes. Ostensibly if you are found on a highway and they feel like pulling you over they can unless your pass shows you are in a critical position and should be out. I think most places are looking at fines for being out and about unless you have good reason.
No my wife and I are getting them Monday. A few friends of mine already have theirs. Total lockdown hasn't been announced yet. Not sure when it will be, but if they are handing out passes probably imminently.
Minnesota did overnight
Realistically nothing changes for me though. My wife and I have a newborn and we are both essential employees. If we need to get gas or go to the store we just do it.
Southern between Rochester and mankato just off hwy 14. Little town called waseca.
Used to live in rochester and 7 other states. The amount of people telling me different stories is a little absurd.
Have relatives all over Minnesota, Minneapolis to Moorhead MN to Albert Lee..
I bought my Roth IRA this past Monday. Mine was down about 30% in the past month so I dove in.
I'm also on the max Roth game right now, going all in for both 19 & 20. Have until April 15th for 19's funds, if you were wondering - that date didn't change.
I maxed out my contributions and jumped into individual stocks on Monday with some money that was sitting in savings and they are doing really well.... so far 
Guessing the market will continue to fluctuate and i will again be in the red at some point but looking at this being a two year investment if not longer. I am also looking at taking money from an equity line i have on my house with the bank. Low interest rates and if the market hits 17,000 (maybe 16K depending upon my advisor) i am going to pull the trigger and take a chance. I am lucky enough to have an investment coming out this Summer to pay back the equity line and bank on the market to come back within a couple of years. Hoping there is not a recession in the future with the 2 Trillion stimulus package... could be F'd.
Guessing the market will continue to fluctuate and i will again be in the red at some point but looking at this being a two year investment if not longer. I am also looking at taking money from an equity line i have on my house with the bank. Low interest rates and if the market hits 17,000 (maybe 16K depending upon my advisor) i am going to pull the trigger and take a chance. I am lucky enough to have an investment coming out this Summer to pay back the equity line and bank on the market to come back within a couple of years. Hoping there is not a recession in the future with the 2 Trillion stimulus package... could be F'd.
They finally had TP at Costco today so I bought a pack of Charmin because that was all they had. I got gas for $1.40 and it blew my mind. They've upped the way they route you in and out of the store and they're sanitizing every cart handle when they bring it back, otherwise it's pretty normal. Limit 1 on the kind of stuff people were trying to hoard like rice, dog food, TP.
We've been on shelter in place for two weeks now. Traffic is definitely lighter and you notice the empty parking lots for sure. Most restaurants still offering takeout. Delays for delivery services like Instant Cart. Allegedly they will strike next week but I'll believe that when I see it.
Cops aren't checkpointing or anything like that. I haven't even seen them with anyone pulled over when I've been out. I'm "essential" but nobody really gives a shit what you're up to.
Lightfoot had to make tighter restrictions in the city because people weren't keeping appropriate distancing a lot of places.
I'm hoping there's a big chunk left over after my refi closes and I pay off my credit card, I'd love to grab a fat lot of S&P fund shares.
Do any of you do your own investing and manage your own accounts? If so, what platform do you use?
Vanguard. Different types of index funds and a few alternatives.
Used Vanguard to get all 3 of my children into Roth IRAs when they turn 18. Decided to use it for myself as well. Will start weaning my institutional guy from my funds to manage most of it myself via index funds. Shoulda done that a long, long time ago. Oh well, better nate than lever...
I managed to accumulate various accounts at Fidelity, Schwab and Vanguard. I give Vanguard a slight edge over Schwab, Fidelity is a distant third IMO.
We have a ways to go to get to 100% but if demand drops by 20 billion barrels a day in April we could get there quick.
Index funds are going to significantly lag the active stock-picking management going forward. Tons of companies with ugly balance sheets in the S&P, Dow, Russell 3k are already under water and many won’t make it out if this. You need to own individual companies in industries which are holding up and are even benefiting from this crisis. Think tech, biotech, home office, software, healthcare and consumer staples. Shy away from travel, leisure, casinos, energy, airlines etc. There are tons of these companies in the major indexes which means you’ll be owning a lot of that stuff with straight indexing with ETFs.
I would like to say I was smart, but I cashed a ton of stock in December because we were going to buy a new house this summer. The "$$$" keep flashing every time I close my eyes now Just waiting for something consistent then I'll probably buy back in and buy a house next year.
Just waiting for something consistent then I'll probably buy back in and buy a house next year.And you are entitled to that opinion. Some people may be able to actively pick above the index, most won’t. Any individual stock can go to zero but, the index will not. I have full belief that the index will continue to go up over time. I don’t have full belief that any individual stock some fund manager picks will not go to zero. To get to my goals, I do not need to beat the market. I just need to be along for the ride up.
