How many of your assets will you lose because of CV? POLL

[grasping the after wind]

I have a job and a bank account.

I am an EMT. My job isn't going anywhere. My bank account is there to allow me to have my checks deposited. If I lose the bank, it's no big deal as I will find another or just get a paper check.

I honestly have no assets.

You are fooling yourself if you believe you have no assets. Do you have clothing, a car, a chair ? Are you using someone else's computer?

 

[Isilwen]

You are fooling yourself if you believe you have no assets. Do you have clothing, a car, a chair ? Are you using someone else's computer?

When I think of assets that I can lose because of Covid-19 which is what this thread is about. I am thinking if houses and stocks, etc.

My computer, my clothing, even my computer chair don't add up too much. Most of my clothes are at least a decade old and the others about five years old. I have literally one chair and that is a couple years old and scratched by cats. My computer is newer, but it's paid for. My car is worth some money, but again, paid for.

I am in no real danger of losing any of these things due to Covid-19 as I own them all.

 

[grasping the after wind]

When I think of assets that I can lose because of Covid-19 which is what this thread is about. I am thinking if houses and stocks, etc.

My computer, my clothing, even my computer chair don't add up too much. Most of my clothes are at least a decade old and the others about five years old. I have literally one chair and that is a couple years old and scratched by cats. My computer is newer, but it's paid for. My car is worth some money, but again, paid for.

I am in no real danger of losing any of these things due to Covid-19 as I own them all.

You claimed to have no assets not to have assets you would not lose. You do have assets but you feel quite safe from ever losing them due to the virus. That is very nice for you and I hope you are correct. Nonetheless your statement

I honestly have no assets.

was inaccurate.

 

[Mountainmanbob]

I'm foreseeing a 15 - 25% longterm loss here.

M

Think I want to change that to 15%
Wishful thinking.
M

 

[Mountainmanbob]

for those two poll voters there
Prayers sent out.
M

 

[Isilwen]

You claimed to have no assets not to have assets you would not lose. You do have assets but you feel quite safe from ever losing them due to the virus. That is very nice for you and I hope you are correct. Nonetheless your statement


was inaccurate.

Semantics, really.

 

[Mountainmanbob]

Think I want to change that to 15%
Wishful thinking.
M

That's only if we have a fast recovery
a Trump recovery
not a Biden from the basement recovery.

M

 

[Arcangl86]

Being paid doesn't have an effect on you? If you should lose your job you would not be worse off than you are having it?

Sure, and if I get hit by a car I would be worst off then if I didn't. Neither of those are likely to happen.

 

[Lost4words]

I believe my assets are safe. My basket and bowl are still under the table!

 

[TLSITD]

My best friend lost a half of a million dollars already.

My retirement checks coming in and my wife's retirement checks that will be starting soon are in jeopardy.

Future pricing of grocery stores, restaurants etc are going up because of the CV.

Many businesses are shut down forever.

Many investments -- shot out.

I think you got the idea.

I'm foreseeing a 15 - 25% longterm loss here.

M

I'm blessed to have been mostly unaffected by this whole crisis. I don't really have any assets to speak of (it's hard to lose what you don't have).

I'm thankful to still be working and able to save money. The state where I live is gradually reopening and I expect that business will begin to pick up more as other states do the same.

 

[grasping the after wind]

Semantics, really.

People seem to want to hand wave away being inaccurate or just plain wrong by claiming it is only semantics.

 

[grasping the after wind]

Sure, and if I get hit by a car I would be worst off then if I didn't. Neither of those are likely to happen.

Neither is getting the virus likely to happen. Unlikely things happen to people every day.

 

[Arcangl86]

Neither is getting the virus likely to happen. Unlikely things happen to people every day.

The question was how many of my assets will be lost because of Covid and the answer is none. You keep trying to change my answer for reasons I don't understand.

 

[Isilwen]

People seem to want to hand wave away being inaccurate or just plain wrong by claiming it is only semantics.

Yet, I showed these posts to a few others and they said the same thing I did. Semantics.

I wasn't being inaccurate. I answered the question as it was put forth.

 

[Isilwen]

You keep trying to change my answer for reasons I don't understand.

They are arguing semantics with me and won't let it go.