How can you say nope? It’s not really disputable - Italy has about 20% the population of the US, and Italy is roughly the size of Oregon. Those are facts.
The value of our accounts is currently at -$400K. Besides me, anyone continuing to buy equities on a regular basis? Thinking of exchanging some of the MMF to more equities.
Anyone borrowing money to buy equities. I am not – I am just curious?
That’s not entirely correct. The standard flu vaccine protects you from three viruses (IIRC this includes H1N1 and H1N3), and the 4-in-1 (quadrivalent) adds one more. Just one of the three or four is the predicted annual strain, while the rest are the same every year.
The reason it’s recommended annually is because “antibody levels may decline over time”. This is different from the vaccines that you only get once or in a series as a child.
I understand this and never questioned it. I questioned a very specific statement: " knowing that you already had the virus and can go about your daily life again." I’m saying this may not be true if the immunity to the virus only lasts a few days or weeks.
The original $2B request just a couple weeks ago turned into $1T really fast… Personally I have no idea what a way out of this is (or the repercussions from discussed options).
Obviously the $1T is not the last. So what’s this do? Inflation? Deflation? Does it matter?
Yup. Negative. Well… I had planning on retiring this year from my current job and start on a second career…but I guess I’ll be working for a bit longer on my first career.
So you mean there’s a margin call out and you have to deposit to bring the account to zero? Or do you just mean you’re $400k down from whatever the peak was in January?
The problem is, we dont know what a recovery will look like, or how long it will take.
Just for a random example - perhaps cruises as we know them become banned? It’s not unreasonable to think they might limit capacities, force a reconfiguration of the layout to provide de facto quarantine areas, etc. That’d make it rather difficult for cruise stocks to get back to anywhere close to previous values, at least any time soon. Again, just a random example of what could happen,not what I think will happen.
Point being, the uncertainty adds a lot of risk to continued investment right now. If it’s your own money, that’s your own decision and you can always wait it out. But borrowing money could end up costing you far more than you gain, even if you do pick some eventual winners.
Sorry my bad. When I say equities, I mean buy the market not individual stocks. For example buying both Vanguard Total Stock Market Index Fund and Vanguard Total International Stock Index Fund.
I was saying nope to letting that many Italians come here to Oregon.
j/k
Yes mathematically 20% of the US population in the size of OR is equivalent to Italian population density.
But it doesn’t matter. … Maryland has a higher density than Italy. Just about all the Northeast does really. Doesn’t matter what # people vs size area you wanna put up as an example.
Your point seemed to be :
N.J. is much more dense. It can certainly get as bad as Italy if you think density is the reason.
Different parts of the US will end up with different situations and density and wide empty parts separating regions will impact that all. But the virus is already in every state except WV. So how much and how fast it spreads in different areas will depend on local measures and reaction.
Highly crowded cities can be a lot worse.
I think that it is more appropriate to compare the USA to Europe than compare USA to just Italy.