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  #1  
Old 10-28-2020, 02:51 PM
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Sundancefisher Sundancefisher is offline
 
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Location: Calgary Perchdance
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Default Market Meltdown?

DOW down 3.43%

Oct 12 was 28837. Now 26591

TSX down 2.71%

Oct 9 was 16562. Now 15586
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It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Charles Darwin
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  #2  
Old 10-28-2020, 03:50 PM
fishtank fishtank is offline
 
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just pre election jitters....
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  #3  
Old 10-28-2020, 04:38 PM
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Sundancefisher Sundancefisher is offline
 
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Quote:
Originally Posted by fishtank View Post
just pre election jitters....
https://markets.businessinsider.com/...10-1029734444#

Looks like combo of election with Covid.
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It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Charles Darwin
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  #4  
Old 10-28-2020, 05:01 PM
pikeman06 pikeman06 is offline
 
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combo of election covid with a side of no stimulus package.
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  #5  
Old 10-28-2020, 07:09 PM
KinAlberta KinAlberta is offline
 
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Yup.

Markets go up, markets go down.

If you chose to invest in equities you’ve chosen to play a game where volatility happens. You should be prepared to handle 50-60-70% drops over time.
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  #6  
Old 10-28-2020, 07:32 PM
Buckhead Buckhead is offline
 
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Challenge accepted.
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  #7  
Old 10-28-2020, 07:54 PM
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Sundancefisher Sundancefisher is offline
 
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Quote:
Originally Posted by KinAlberta View Post
Yup.

Markets go up, markets go down.

If you chose to invest in equities you’ve chosen to play a game where volatility happens. You should be prepared to handle 50-60-70% drops over time.
Wow. Your advisor is really really bad.
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It is not the most intellectual of the species that survives; it is not the strongest that survives; but the species that survives is the one that is able best to adapt and adjust to the changing environment in which it finds itself. Charles Darwin
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