The Last Poster Wins! [v21]

**Noblejanobii** · 11-10-2016, 01:29 AM

Originally Posted by Pokemon Trainer Sarah

If I was rich, I would have loaded up on stocks when they hit the bottom. xD But they're already stabilising now.

Still everyone around here is just in a state of disbelief... I wouldn't be surprised if Trump has a mental breakdown when he realises all the things he promises are actually impossible and he will now have the uh... lovely people who supported him coming after him instead. xD I doubt he ever expected to actually be president.

I just read that if Trump imposes his 45% tariff on stuff from China, then Walmart will be out of business, which is apparently the largest US employer. And the US would go into recession by 2019. Sooo yeah I don't think that's gonna happen.

I mean he originally ran as a publicity stunt then realized in like July of 2015 that he could win this and started taking it seriously. And it all just went down from there.

Originally Posted by Neo Emolga

As someone who has studied economics, you're right on that one. Eventually things go back to the equilibrium state. Every now and then, you'll have slight deviations like in this example, Brexit, and things like that, but it won't shatter the economy overnight. Some people just tend to be extremely impulsive on things and act based on momentary hysteria. If things like that make a person impulsively sell their stocks like that, they probably shouldn't have been investing in the first place.

Awesome. I was basing that totally on my studies of the Great Depression and didn't have a freaking clue if I was right or not. Also let's hope IBM doesn't plummet because that's where all my college savings are invested.

**Neo Emolga** · 11-10-2016, 05:56 AM

I really should invest. I've thought about it but just haven't felt confident enough to take action.

**Noblejanobii** · 11-10-2016, 06:24 AM

Originally Posted by Neo Emolga

I really should invest. I've thought about it but just haven't felt confident enough to take action.

IBM is a good company. From what I've gathered it earns a fair amount and is a pretty stable company.

**Neo Emolga** · 11-11-2016, 05:16 AM

Do you have anything else besides IBM?

**Noblejanobii** · 11-11-2016, 01:38 PM

Originally Posted by Neo Emolga

Do you have anything else besides IBM?

I don't do the stocks so not that I know of.

**Morzone** · 11-12-2016, 01:37 AM

I'd invest in companies that develop things for the government/the military. Like Boeing, for instance, the military isn't going to go out of business so the companies that make technology for them most likely won't as well.

**Noblejanobii** · 11-12-2016, 01:44 AM

DONT INVEST IN BOEING INVEST IN KEMET.

My father works for KEMET and Boeing is one of their big competitors.

**Morzone** · 11-12-2016, 03:21 AM

Originally Posted by Noblejanobii

DONT INVEST IN BOEING INVEST IN KEMET.

My father works for KEMET and Boeing is one of their big competitors.

Well this is awkward. Part of the reason I said Boeing was because my dad works there. That and I don't know the name of the place my brother works at, which also does government contracts.

**Noblejanobii** · 11-12-2016, 04:25 AM

Originally Posted by Morzone

Well this is awkward. Part of the reason I said Boeing was because my dad works there. That and I don't know the name of the place my brother works at, which also does government contracts.

You're dead to me.