PSA: Stock Market Down...Excellent Time To Add to Your Portfolio

[pdq]

Just to be clear, I don’t think we’re all gonna die. ‘New” viruses are going to be something we have to live with going forward, and this one will run its course like SARS, MERS, and the like.

But the US market was priced to perfection - a bubble ready to pop - and it is inevitable that this coronavirus will have some, and perhaps significant, negative effect on global and US earnings.

It’s still overpriced (see my post above). Whether that means it continues falling is anyone’s guess.

[mikebw]

Well NOW I am actually feeling good about my decision to sell some AAPL @ 300.

[Forrest]

I think the market drop will hit at least 20% before it gets better.

[Paul F.]

Forrest wrote:
I think the market drop will hit at least 20% before it gets better.

I was thinking more like 10% more.
I've got another month before I can shift some money around and have the cash to "buy low"...