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Yes, a whole new ballgame. It isn't going to be pretty. Sometimes I recently feel as if I've stepped through the mirror into one of those science fiction end-of-the-world as we know it stories.
Buying or selling using the Schwab platform there is no possibility of incurring a "surprise" charge. The information and confirmation steps are crystal clear.
Columbo's Car: It was a Rare (and Ratty) 1959 Peugeot 403 Cabriolet
Columbo's car, which just happens to be a rare, and really beat-up, 1959 Peugeot 403 Cabriolet—a rare car even back when the series was made. Only 2,030 were made globally over a fi…
@hawkmountain- Super to see that you're still with us! Always great to see folks from "the old days".
Still raising hell and testing David's patience-
OJ
As noted elsewhere on MFO I've used the downturn to buy a small amount of ASML stock. 25@246 followed by another 25@240. Currently @246, but who knows what's next?
@Catch22- Here's a short version of a current WSJ article which seems to be reflecting some of your concerns.
Funding strains in the banking system worsened slightly Friday despite the New York Federal Reserve’s offer to inject $1.5 trillion of ex…
As mentioned in other threads on MFO I'm now the proud owned of 50 shares of ASML. Anyone here who has an interest in that company should please take note and probably sell immediately.
Nothing there but a recorded message since just before the 2016 elections: "We're sorry, but the God that you have reached is out of srvice at this time". "Were sorry,...
@Mark- Well, trying to make the seller absorb the entire amount may put his back up for no sale. If he's smart he'll also know the pressure on you re the mortgage approval, and try to pressure you that way. Try split 50/50 and hope for the best.
@catch22- @davidmoran just posted a link to a current NYT article. Seems that you're not the only one wondering what's happening. Here's an excerpt:
Wednesday was an unsettling day on global financial markets, and not just because the stock market f…
Look, if the home price is reasonable and the mortgage rate is great, what's the cost of the repairs... less than 1% ? You're doing fine... just buy the damned thing and forget it.
@Rono- Yes sir, you must have been listening to our dinner conversations. Things are going to take one hell of a long time to stabilize, even with a vaccine, and many business models that have been taken for granted for centuries are going to have t…
Well, with a buy limit order at $260, after tomorrow I'll likely also have a small position in ASML. That ought to be enough to cause the entire market to drop at least another 20%. :(
As I posted I said to myself that this question should draw out the MFO big guns & heavy hitters, and I am certainly not disappointed in that prediction. Thanks to all of you guys.
A footnote: If Ted were still with us I'm betting that he would…
The Guardian is currently reporting that:
The Australian share market is now down 6.5% on what is proving to be one of the most disastrous days for the ASX200 in recent history. The mounting concerns about a global recession caused by the virus hav…
Oil Prices Plunge 30% After Saudi Arabia Stuns World With Massive Discounts
NPR is currently reporting that:
Oil prices were in freefall on Sunday after Saudi Arabia announced a stunning discount in oil prices — of $6 to $8 per barrel — to its cus…
