How much income are you losing to the covid-19 pandemic?

MICHI-CAN

MICHI-CAN

Well-Known Member
PJ Diaz said:
My work is mainly around public events (music, dance, theater, public speaking), and pretty much everything is canceled. I still have my base salary I'll make doing maintenance and paperwork (for now; fingers crossed -- I do have a contract), but none of the extra income (OT, extra gigs, equipment rentals, etc). So far this month, I'm losing around $1500-$2000 already, and likely the same next month as well due to cancellations.
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I understand your position. Yet you are displaying financial losses you never had to begin with. As people are losing their lives And others that are suffering from the illness. The less fortunate children who's only real food came from a school that's now closed. How about the parents of those same children who must now lose their jobs to stay home with their kids? You get the point. It's not about you or me. Unless you or me are asking how can I help my neighbor. Peace.
 
Jimdamick

Jimdamick

Well-Known Member
JoeBlow5823 said:
Actually thats exactly what this thread is about. The title is how much money are you losing and my answer was none and you dont like that answer so now you want to fight. Market corrections are inevitable no matter what anyone does. Actions may influence when they happen and how drastic they are but no matter what there will always be ups and downs. I thought maybe sharing my success after the last recession would give others ideas of what sort of opportunities will arise out of this one so they can look out for and take advantage of them. During the housing crash almost everyone I talked to about buying a house told me I was out of my fucking mind and I wasted all of my money. A couple years later they were all saying god I wish I had bought a house.
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It sounds that you had/have a lot of available cash to fuck around with.
And with that available cash you are buying low & plan on selling high I presume, right?
So with your present stock, you didn't take a beating?
Man, your one lucky motherfucker because everyone I know, me included, has taking a severe beating this last month.
You should write a book & or YouTube it, and share the secrets of your success & then you could really cash in.
 
Fogdog

Fogdog

Well-Known Member
JoeBlow5823 said:
Actually thats exactly what this thread is about. The title is how much money are you losing and my answer was none and you dont like that answer so now you want to fight. Market corrections are inevitable no matter what anyone does. Actions may influence when they happen and how drastic they are but no matter what there will always be ups and downs. I thought maybe sharing my success after the last recession would give others ideas of what sort of opportunities will arise out of this one so they can look out for and take advantage of them. During the housing crash almost everyone I talked to about buying a house told me I was out of my fucking mind and I wasted all of my money. A couple years later they were all saying god I wish I had bought a house.
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You are doing great. Happy for you. OK, are you done now? Thanks for checking in.

Oh, and the Republican recession that was triggered a year before Trump had planned for it to happen? Yeah, that's going to be fucking awful. Trump's inept leadership during this epidemic triggered the early onset of the recession and made it worse. Trump bragged about how he made bank when the Bush recession hit us. Ye was planning to hit us with a recession after the election. Too bad for his re-election campaign that it came a year early.

Note how all these really bad recessions came when Republicans are in charge.
 
rkymtnman

rkymtnman

Well-Known Member
Jimdamick said:
It sounds that you had/have a lot of available cash to fuck around with.
And with that available cash you are buying low & plan on selling high I presume, right?
So with your present stock, you didn't take a beating?
Man, your one lucky motherfucker because everyone I know, me included, has taking a severe beating this last month.
You should write a book & or YouTube it, and share the secrets of your success & then you could really cash in.
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i'm hardly an expert but if you can keep investing, keep investing even as it tanks lower and lower.
i realize a lot of peeps won't have extra money laying around but if you do, use it wisely.
 
Jimdamick

Jimdamick

Well-Known Member
Fogdog said:
Note how all these really bad recessions came when Republicans are in charge
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Fake news, right?
How about it being a FUCKING INDISBUTABLE FACT!!!!!
And we keep electing those cocksuckers?
Elect a Puke & watch them fuck up the economy just like Reagan, both Bush's & now Trump.
Then the idiots will elect a Dem who will straighten things out & then the idiots will again elect a Puke & they AGAIN will fuck it all up & then a Dem will come in and attempt to fix it & so on & so on & so on.
It never fucking changes.
Bunch of Assholes, that's your average American voter.
 
Fogdog

Fogdog

Well-Known Member
Jimdamick said:
Fake news, right?
How about it being a FUCKING INDISBUTABLE FACT!!!!!
And we keep electing those cocksuckers?
Elect a Puke & watch them fuck up the economy just like Reagan, both Bush's & now Trump.
Then the idiots will elect a Dem who will straighten things out & then the idiots will again elect a Puke & they AGAIN will fuck it all up & then a Dem will come in and attempt to fix it & so on & so on & so on.
It never fucking changes.
Bunch of Assholes, that's your average American voter.
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Right wing Trump supporters should feel free to comment without criticism. ;-)
 
Rob Roy

Rob Roy

Well-Known Member
Jimdamick said:
The economic effects of COVID-19 are going too be staggering.
A Recession is just around the corner, and that's pretty much a given.
But, what about a World Wide Depression?
Sorry to be a Debbie Downer, but that's what I see coming.

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The virus hoopla is the distraction, the real economic problems already present needed a fall guy. The virus will be a very useful emergency for a plethora of things.


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Fogdog

Fogdog

Well-Known Member
rkymtnman said:
investors that like to take risks and know what they are doing will i'm sure be borrowing money at 0% interest to invest when they think it hits bottom.
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We'll hear from the ones who did well and hear nothing from the majority who lose money.

I'm not a gambler but if I were to gamble, it would be in a tux with a pretty woman by my side and I'd be having a great time while not gambling away my retirement in the stock market.
 
rkymtnman

rkymtnman

Well-Known Member
Fogdog said:
We'll hear from the ones who did well and hear nothing from the majority who lose money.

I'm not a gambler but if I were to gamble, it would be in a tux with a pretty woman by my side and I'd be having a great time while not gambling away my retirement in the stock market.
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vodka martini, stirred not shaken and some Baccarat perhaps? Fog007
 
Fogdog

Fogdog

Well-Known Member
MICHI-CAN said:
I understand your position. Yet you are displaying financial losses you never had to begin with. As people are losing their lives And others that are suffering from the illness. The less fortunate children who's only real food came from a school that's now closed. How about the parents of those same children who must now lose their jobs to stay home with their kids? You get the point. It's not about you or me. Unless you or me are asking how can I help my neighbor. Peace.
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I don't know, man.

Cutting a person's wages is a hard thing. It doesn't matter if other people have it worse when the there is not enough to make the rent at the end of the month.
 
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