SIGforum.com Main Page The Lounge When will the coronavirus arrive in the US? (Disease: COVID-19; Virus: SARS-CoV-2)
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| Member |
So I haven't looked at my 401K since this started. I'm 69 and retired, so I'm not going to put any more in. I haven't bailed out of my conservative portfolio that is a mix of stocks and bonds. I'm thinking the best thing to do is hold tight and not make any changes while everyone is in panic mode. Any thoughts? What are you retired guys doing? | |||
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Member |
I see where Colorado now has 2 confirmed cases of Coronavirus. And $8.5 billion of funds to fight the virus. Trump only asked for $2.5 billion leaving $6 billion available for what? With a Democrat administration, I know where the $6B would go, but how about now? Still the swamp is deep and entrenched. EasyFire [AT] zianet.com ---------------------------------- NRA Certified Pistol Instructor Colorado Concealed Handgun Permit Instructor Nationwide Agent for > US LawShield > https://www.texaslawshield.com...p.php?promo=ondemand CCW Safe > www.ccwsafe.com/CCHPI | |||
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| Non-Miscreant |
Well, I sleep in. Then I take a nap almost every afternoon. Feels good. Every day I take stock of my billfold, and if there isn't enough money in it, I add some. Come afternoon, I take my wife to lunch. Its tough being retired. I haven't taken stock of my savings in maybe 4 months. I don't call it a portfolio because I don't consider it that way. I'm a little upset that interest rates are dropping because I have a significant portion in savings bonds. Yes, the E bonds. I'd been pulling about 5 or 6% depending on when I bought them. But they do well during bad times. Then I realized that about everything is paid for so why should I worry. And my checking account balance keeps growing slowly because of my generous SS deposits. It means I can live off it forever, or until I die. Guess I need to load up my guns to ward off the unwashed hoards when they read this. Or go to bed. So you could say I haven't bothered to panic. Yet. Unhappy ammo seeker | |||
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| Something wild is loose  |
A little of what I was doing before I retired.  Which I plan on going back to in a few months."And gentlemen in England now abed, shall think themselves accursed they were not here, and hold their manhoods cheap whiles any speaks that fought with us upon Saint Crispin's Day" | |||
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| Member |
I bought my first stock, Eastman Kodak when I was 12. I semi-retired at 45. I currently have no long equity positions for the first time in 35 years. Bonds, CDs, and real estate make up my investments today. That being said if I was a young person I would be watching for entry points in well managed Bio-pharma funds. | |||
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Drill Here, Drill Now |
5 cases in Houston area now. All linked to people on same trip to Egypt. Link to Houston’s local CBS affiliate Ego is the anesthesia that deadens the pain of stupidity DISCLAIMER: These are the author's own personal views and do not represent the views of the author's employer. | |||
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Ammoholic |
I think you missed his point. Many, many hotels, restaurants, and other businesses are franchises or mom and pops. This has been planned a year in advance, maybe more? The businesses plan their year out assuming the make their money on key dates (think Black Friday). This can be the difference between closing doors or being profitable for some of these businesses. They employee servers, bar tenders, bussboys, valets, maids, cooks, cashiers, bakers, etc. These people are the most likely to be living paycheck to paycheck. These people may not have insurance, may not have food supplies, may not be able to make car/rent payments. This could lead to a couple of businesses going out of business, RIFs, or cut hours. Small businesses are the backbone of our economy. Even for the Walt Disney and corporate based service industries this will at a bare minimum hurt, yeah they aren't closing their doors, but guess who owns these companies? Me and you. Our life savings are tied to the success of all companies in American, big and small. Jesse Sic Semper Tyrannis | |||
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| As Extraordinary as Everyone Else  |
Since we have some Docs in this thread I have been wondering about something that I haven’t seen addressed and maybe one or more of you guys could respond.. In the past, even when our flu vaccine wasn’t specifically designed for the actual strain that came over we were advised to still get it as it would somewhat minimize the effect of the flu. So my question is this...Does the current flu vaccine have any effect on this virus as far as minimizing its possible effects? It very well may not but I have been curious about this. ------------------ Eddie Our Founding Fathers were men who understood that the right thing is not necessarily the written thing. -kkina | |||
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| Run Silent Run Deep  |
Five schools closed here today due to potential exposure from a person who had contact with a confirmed case. Bucks county Pa... _____________________________ Pledge allegiance or pack your bag! The problem with Socialism is that eventually you run out of other people's money. - Margaret Thatcher Spread my work ethic, not my wealth | |||
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Seeker of Clarity |
Re: the media being quarantined -- YES!!!!!!!! Hysteria, utter hysteria. Orlando will recover. But this will be a hard year. That's a HUUUGE amount of money for a week. It really takes over the city, and it's Health I.T., so it's the high cost industry (I.T.) that feeds upon the larges US industry (healthcare). So it's significant.  | |||
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| 10mm is The Boom of Doom  |
No. But the flu vaccine may save you from getting the flu or even worse, getting both at same time. God Bless and Protect the Once and Future President, Donald John Trump. | |||
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| Seeker of Clarity |
This will definitely leave a huge dent in paychecks. I've heard 8 digits during that week. And while names like Hyatt and Southwest will be high on the list, names like Bill and Emma will be effected as well. Uber alone has to be HUGE that week. They simply don't stop rolling. Where ever you drop someone off, there is someone there to be picked up. And while the big name restaurants around the convention center definitely make bank, many of us who have been going every year for a long time venture across town to some real gems of restaurants that also see an uptick. CV-19 will leave whatever toll it is going to leave when it's done for the year. I suspect as I have maintained, similar to other respiratory virus that would normally go unnoticed by the press. The unknown toll at this time is what the result of the media virus will be. | |||
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Member |
I’m scheduled for a cruise next week. Hopefully we aren’t quarantined on the ship! It’s the Bahamas so I think my chances are good it will be fine. | |||
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Tinker Sailor Soldier Pie |
My employer is having an "Officer's Conference" next month in Tampa, and if they cancel I'm going to be pissed. My wife and I have a vacation specifically planned around the conference. In any case, I won't be canceling or curtailing any of my upcoming travels. I'm praying though that by April a majority of this IRRATIONAL hysteria will cease. This is doing real harm to many different industries (except maybe Campbell soup) for really no good reason. Of course there's real risk of contracting this virus, we go through life accepting all sorts of risks every single day, but the level of harm being done here by some gross overreactions just doesn't jive with the level of risk that this virus seems to pose. Of course that's just my lowly, non-medical opinion. ~Alan Acta Non Verba NRA Life Member (Patron) God, Family, Guns, Country Men will fight and die to protect women... because women protect everything else. ~Andrew Klavan | |||
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| Something wild is loose |
It would be easy to give the stock answer, which would be no, but the real answer is more complicated. The flu vaccine stimulates production of antibodies, which may or may not be specific to a specific strain of the influenza virus. But it also stimulates the lymphocytes to respond to invasion in ways we don't understand. We also don't understand the cumulative effect of years or decades of immunizing the "herd" against viral assault. The ecology of viruses in general is a great unknown, and we certainly don't understand the human body completely, or its universe of systems. Otherwise, we would have no disease. So I'm going to give the less convenient and verifiable answer of "maybe," and as noted, will almost certainly prevent or mitigate the effects of influenza, which we already know is a bad actor.This message has been edited. Last edited by: Doc H., "And gentlemen in England now abed, shall think themselves accursed they were not here, and hold their manhoods cheap whiles any speaks that fought with us upon Saint Crispin's Day" | |||
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| Lawyers, Guns and Money  |
You will probably be fine. However, it's amazing how quickly the virus has spread. Just 7 weeks ago, the global total was less than 250 cases, all in China, and almost all in the city of Wuhan. "Some things are apparent. Where government moves in, community retreats, civil society disintegrates and our ability to control our own destiny atrophies. The result is: families under siege; war in the streets; unapologetic expropriation of property; the precipitous decline of the rule of law; the rapid rise of corruption; the loss of civility and the triumph of deceit. The result is a debased, debauched culture which finds moral depravity entertaining and virtue contemptible." -- Justice Janice Rogers Brown "The United States government is the largest criminal enterprise on earth." -rduckwor | |||
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| No, not like Bill Clinton  |
Same, going to Cozumel. I'm not worried, looking forward to a less crowded ship, I hope | |||
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| Free men do not ask permission to bear arms  |
^^^^^ Except I take the wife out for dinner on Thursday. . A gun in the hand is worth more than ten policemen on the phone. The American Revolution was carried out by a group of gun toting religious zealots. | |||
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| Member |
The Bahamas put out a statement that if you've been to Italy, S. Korea, or China in the past 20 days before going there, they won't let you in. If you get a chance check out the Exumas, they are beautiful. | |||
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Nullus Anxietas |
I've looked at our retirement account, just to see what it was doing. Goes down, goes back up, goes back down, goes back up,...
Watching it go up and down. We have A Guy that manages ours. He made several trades before this coronavirus thing ramped up. Then made three trades more recently. He seems to know what he's doing, so I leave him to it "America is at that awkward stage. It's too late to work within the system,,,, but too early to shoot the bastards." -- Claire Wolfe "If we let things terrify us, life will not be worth living." -- Seneca the Younger, Roman Stoic philosopher | |||
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SIGforum.com Main Page The Lounge When will the coronavirus arrive in the US? (Disease: COVID-19; Virus: SARS-CoV-2)
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