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ImaginaryVillain
ImaginaryVillain
Glad I invest/flip MTG. It means a 2-4 week window to sell of my collection before the stock market prices affect MTG prices. Then I'll use that cash and buy out unfortunate people who were in the stock market and need to sell their collections. :popcorn:
ImaginaryVillain
ImaginaryVillain
Oh okay, I'm just kidding. I've been repositioning myself for weeks in anticipation of the Chicken Littles and their bizarre fear of something less devastating than the usual flu. :LZSwink:
bgillisp
bgillisp
Id wait a little, a lot of stocks dropped below the support lines today. I think they'll hit 2018 levels.
MushroomCake28
MushroomCake28
@bgillisp Yeah, I still have some cash left, but I look at stocks individually. Sometimes it's too much of a good bargain for the long term, so it may fall another 10-15% or more, but I'll just buy more if that happens. My mistake before was to wait to long before jumping back in, especially with central banks and governments ready to do QE and to do fiscal stimulus.
MushroomCake28
MushroomCake28
@ImaginaryVillain Just see this as a buying opportunity, and a healthy little correction. Although I wouldn't call what is happening with oil price as healthy, but the rest of the sector, especially tech, was due for a pullback.
ImaginaryVillain
ImaginaryVillain
I guess for those not in my tiny little investment corner, I should specify MTG is Magic the Gathering. I invest/flip the cards. Every time bad life events happen people come to me with their collections because they desperately need money, and I buy their whole collection for around 50%. The stock market falling apart is just another opportunity! :mrsatan:
MushroomCake28
MushroomCake28
Wow, now that's a nice opportunity lol.
ImaginaryVillain
ImaginaryVillain
Never spend money, then just have it to bail out people in need. It's almost like Pawn Stars, turns out desperate people don't have much leverage in bargaining. I think my favorite story was the guy who had to get rid of his cards ASAP because his nutjob girlfriend was burning any she could find. Not going to lie, probably the easiest negotiation of my life. :LZSwink:
Kupotepo
Kupotepo
When Should I Start to Worry? [ South Park Season 22 Episode 7]
MushroomCake28
MushroomCake28
You don't worry... you buy stocks!

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