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Forget Cricket Talk about anything [within Board Rules, of course :) ]

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  #1201  
Old March 3, 2020, 02:33 PM
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bujhee kom bujhee kom is offline
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Quote:
Originally Posted by mufi_02
koi bhori shona kinlen bodda? kon jewelers theke shuni..chandi chowk e ekhono kisu bhalo dokan ase. al amin jewelers theke kinen na kintu. shonar jaigay pitol naile imitation diya dibe. naile boshundhora thekeo kinte paren..

accha shona ki ghore rakhsen naki hathe paye poira ghure beracchen?
Ohhoo Mufi...From Old Dhaka! Hamra Old Dhak-ka manoos! Laal-bagh, Kosaituli...from Auntu's Sasoor Baari...Patla Khan LAne + Saatigaa Nasirabaad, Ashkor Dighi style business! We will go full Republican on this one- stock pile Mufi, stock pile of precious metal! Once we pile enough, then we can control election!
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  #1202  
Old March 3, 2020, 02:37 PM
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bujhee kom bujhee kom is offline
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After precious metal...we will get into dry spice market. Kacha Holud, Morich, Dhoniar Gura, Pora Marich, Adaa, Daruchinii, Lobongo - We may have not learned anything from the new world, kintoo America-ke kichu sikhiye jabu--GOP + Wall St Hamader-ke politics aar finance sikhabey?>

I already started to buy dry spices in the northeast from Rohde Island and Baltimore! My Fat Cats are guard my stock from the el-Dominicano mamasitas!! When it comes to guarding my spices, silver and investment, I do not hire guys from the Bronx or East Harlem, I only trust my Big mean Fat cats!
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  #1203  
Old March 3, 2020, 02:50 PM
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shona aar moshla..dada ekta beauty parlor diya den Jackson heights e..holud morich shob diye make up koraiya diben aar last e shona beche diben..roman bhai nachte nachte apnar partner hoye jabe..he has leads on all the shundori lolonas..

sorry mods (if any are left) for off topic.
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  #1204  
Old March 4, 2020, 01:16 AM
iDumb iDumb is offline
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Just a reminder to everyone, I know market is crashing and chances are very high this is just the beginning and it will continue to go south deep into recession levels. I am losing so much money daily - much more than I have ever lost before. But that's also because I currently have faar more money than I ever had in stock market. Despite losing so much, I don't feel anything. Nothing like i used to feel 10 - 12 years ago, losing 1000 dollars would give me pain. in 2008 my 10K investment i just put in (market crashed like in 2 months after i put in) went down all the way to 1200 dollars. AND IT HURT so bad.
But those I took as only lessons and not shaken out of market forever. Nobody knows whats gonna happen but hisotory shows market will continue to outperform most asset class. Do not be afraid to invest and lose money. Automate and invest.

This corona virus can and probably will wipe out half of market from its height. This should make some of you happy but I gurantee you if you havne't put money in yet - you still will miss when the market starts to recover.. 100%.

I for one is on autopilot and occasionally look for opportunijes to buy individual stocks here and there.

In a perfect world, someone like me would probably try to time the market as it could potentially save me a fortune but my life is currently too busy for that unfortuantely.
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  #1205  
Old March 4, 2020, 06:49 AM
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^^^Thank you for this insight and explanation, iDumb bhiaya! I really appreciate your understanding, knowledge and input in this. Very helpful.
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  #1206  
Old March 4, 2020, 05:50 PM
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DJI is doing gut due to uncle Joeyi's keramoti last night, Idumb uncle!
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  #1207  
Old March 5, 2020, 04:54 PM
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SportingBD SportingBD is offline
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Would it be unreasonable to think there is genuine chance of a recession looming?
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  #1208  
Old March 6, 2020, 02:18 AM
iDumb iDumb is offline
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Quote:
Originally Posted by SportingBD
Would it be unreasonable to think there is genuine chance of a recession looming?
That is a very reasonable thought process.
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  #1209  
Old March 6, 2020, 06:47 AM
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Not sure about US.
But people here in UK are staying mostly home.

Imagine what that will do for weekend sales? Shopping etc?
Those retailers already struggling in U.K. - sales will be hit.
Just one example, of many other domino effect in different sectors.

Hotel booking also heavily down...
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  #1210  
Old March 6, 2020, 10:41 AM
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bujhee kom bujhee kom is offline
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Quote:
Originally Posted by SportingBD
Not sure about US.
But people here in UK are staying mostly home.

Imagine what that will do for weekend sales? Shopping etc?
Those retailers already struggling in U.K. - sales will be hit.
Just one example, of many other domino effect in different sectors.

Hotel booking also heavily down...
I know. Hang in there, my dear Sporty bhiaya!
During times of struggle and hardship, stay strong! God blessing, eventually this dark cloud will dissipate. Scientists, researchers, doctors will find a solution to this.
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  #1211  
Old March 6, 2020, 11:58 AM
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SportingBD SportingBD is offline
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Thank you BK for those nice encouraging words! Same to you.

But this maybe a time of great opportunity!

Just like how Warren Buffet has been loading up his cash pile.. i have saved up.
God willing, in due time, I can allocate well. Prayers requested.

And finally may God protect us all from the virus!
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  #1212  
Old March 6, 2020, 06:41 PM
SS SS is offline
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Join Date: February 24, 2004
Posts: 10,129

Quote:
Originally Posted by iDumb
Just a reminder to everyone, I know market is crashing and chances are very high this is just the beginning and it will continue to go south deep into recession levels. I am losing so much money daily - much more than I have ever lost before. But that's also because I currently have faar more money than I ever had in stock market. Despite losing so much, I don't feel anything. Nothing like i used to feel 10 - 12 years ago, losing 1000 dollars would give me pain. in 2008 my 10K investment i just put in (market crashed like in 2 months after i put in) went down all the way to 1200 dollars. AND IT HURT so bad.
But those I took as only lessons and not shaken out of market forever. Nobody knows whats gonna happen but hisotory shows market will continue to outperform most asset class. Do not be afraid to invest and lose money. Automate and invest.

This corona virus can and probably will wipe out half of market from its height. This should make some of you happy but I gurantee you if you havne't put money in yet - you still will miss when the market starts to recover.. 100%.

I for one is on autopilot and occasionally look for opportunijes to buy individual stocks here and there.

In a perfect world, someone like me would probably try to time the market as it could potentially save me a fortune but my life is currently too busy for that unfortuantely.
Just saw this post...I need to visit here more!! going down more ..but great to know some day it will be up
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  #1213  
Old March 16, 2020, 11:22 AM
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zman zman is offline
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It's been a bloodbath and it will likely get worse before it gets better. But let's be objective here. Most ppl invest via 401K and receive 50-100% matching contributions from their companies, for up to 5-6% percent of their salary. Some receive company stocks at discounted prices. Also you gain tax benefits by investing. Taking these factors into account chances are you're still up a LOT since you started investing. If you are down, then most likely you are still pretty young and have a lot of time ahead of you to catch up. So it might be worth having a positive mindset and identifying some good opportunities before the tide turns.

I prefer investing in tech stocks as I'm in that field and they're easier for me to understand. Good companies with strong balance sheet that invest in sectors like AI and Cybersecurity will do well once the recession is over. Biotech is probably the most risky sector and usually I stay away from it. However, two stocks that popped today and caught my attention are MRNA and BNTX.

MRNA is set to start clinical human trial of coronavirus vaccine in the US. BNTX is partnering up with a China based company that will help expedite Clinical trials in China. Any thoughts on these two companies or any other coronavirus vaccine related stocks?
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