# Coronavirus: when do we reach the bottom of the dip?

**URL:** https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304
**Category:** Investing / Others
**Created:** [February 25, 2020, 6:13pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304 "2020-02-25T18:13:40Z")
**Posts on this page:** 20
**Page:** 48

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### Author: ![glina](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/glina/32/820_2.png) [@glina](https://forum.mustachianpost.com/u/glina)
#### Post date: [March 14, 2020, 1:23pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/962 "2020-03-14T13:23:15Z")

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@Zerte2 You are right, this is risky. And I promised myself not to stock pick anymore. And since I can’t stop myself from doing that, I’m going to pick and bet on long term growth instead of short term rebouds :-).

@Cortana  
Nobody cares (or should care) about a lost quarter or two. When you buy shares in a company, you care about profits it is likely to generate in the upcoming 10 years or so. This is the mechanism of stock price appreciation. If somebody wants to sell that company to you at -30% discount because of a lost quarter (which totally wont matter in a longer timescale) then you should be the buyer, not the seller.

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### Author: ![glina](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/glina/32/820_2.png) [@glina](https://forum.mustachianpost.com/u/glina)
#### Post date: [March 14, 2020, 1:33pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/964 "2020-03-14T13:33:00Z")

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> [@Zerte2](#):
>
> Of course the Treasury, and ultimately the Fed have the possibility of rescuing everything with their magic hat.

Yes, it is different. You should definately watch Trumps conference from yesterday. Capitalism at its best.  
https://www.youtube.com/embed/feycmqjsLNw?feature=oembed&wmode=opaque&start=2640

Not to miss are the Twitts

> <https://twitter.com/realDonaldTrump/status/1238626501555298308>

free tests, paid sick leave. FED will print the cash, no worries.

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### Author: ![Zerte2](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/zerte2/32/2870_2.png) [@Zerte2](https://forum.mustachianpost.com/u/Zerte2)
#### Post date: [March 14, 2020, 1:37pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/965 "2020-03-14T13:37:50Z")

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Is there a small caps ETF with shares of companies having good credit ratings?

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### Author: ![Zerte2](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/zerte2/32/2870_2.png) [@Zerte2](https://forum.mustachianpost.com/u/Zerte2)
#### Post date: [March 14, 2020, 1:52pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/966 "2020-03-14T13:52:37Z")

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Free student debt!  
Money rain!  
(BTW, it’s not different, it is more of the same!)

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### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [March 14, 2020, 2:18pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/967 "2020-03-14T14:18:21Z")

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[https://www.bogleheads.org/forum/viewtopic.php?p=5093475#p5093475](https://www.bogleheads.org/forum/viewtopic.php?p=5093475#p5093475)

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### Author: ![Bojack](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/bojack/32/281_2.png) [@Bojack](https://forum.mustachianpost.com/u/Bojack)
#### Post date: [March 14, 2020, 2:20pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/968 "2020-03-14T14:20:59Z")

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I don’t fool myself that “helping” companies through money printing will be beneficial in the long term. I think a big part of the reason why the markets react so strong is that the price setting mechanism has been effed up by money printing.

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### Author: ![produktiv](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/p/54ee81/32.png) [@produktiv](https://forum.mustachianpost.com/u/produktiv)
#### Post date: [March 14, 2020, 2:21pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/969 "2020-03-14T14:21:24Z")

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Is anyone else gambling a bit (only with “fun money”) with options right now? I made some money with puts in the last two weeks, then some money yesterday with calls and bought puts 1min before closing yesterday evening. Not as a long term investing strategy, more as a quarantine activity.

I know that this is absolutely not the Bogleheads way, but I went all cash anyway end of January because what happened in China frightened me and don’t have regrets so far (I’m hoping to make some money during the recovery)

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### Author: ![dbu](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dbu/32/1552_2.png) [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [March 14, 2020, 2:32pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/970 "2020-03-14T14:32:52Z")

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> [@glina](#):
>
> Airline, tourism, hospitality industries in general. I gave two examples above: TUI and Lufthansa.  
> This is however a minefield, some may not survive. This is reflected in valuations. High risk, but high reward (if you pick wisely).

Why not just/also get you some JETS then (for US)? Instead of betting for individuals.

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### Author: ![bamboo](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/bamboo/32/587_2.png) [@bamboo](https://forum.mustachianpost.com/u/bamboo)
#### Post date: [March 14, 2020, 2:38pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/971 "2020-03-14T14:38:06Z")

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> [@Cortana](#):
>
> [Anybody want to guess the bottom of this "dip"? - Page 9 - Bogleheads.org](https://www.bogleheads.org/forum/viewtopic.php?p=5093475#p5093475)

Almost the same title than our thread here. But we started already on 25 February, on Bogleheads they started the topic only on 28 February and got “only” 412 posts so far. 😊

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### Author: ![dbu](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dbu/32/1552_2.png) [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [March 14, 2020, 2:43pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/972 "2020-03-14T14:43:36Z")

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> [@glina](#):
>
> Day 0: Market bottoms out  
> Day 1: 10% up? Now this is crazy, the virus is ravaging the economy. This can’t be going up  
> Day 2: +2% Suckers buying. This is cooling off already. Crash is coming  
> Day 3: -3% HA! Told ya. I’ll buy when it gets even cheaper.  
> Day 4: +5% What? Why?  
> Day 5: +5% Again? Damn. It’ll crash next week for sure!  
> Day 6: … god damn it. Up again? Well, next time I’m not going to miss it. These pandemics come at regular intervals anyway.
> 
> The end

A speculation, like any other 🙂

One could rewrite days 3 to 100 (or more) with an accumulated whipsaw drop of another 20%, before the climb, and still be as viable as this one.

N.B. I do wish the market behavior was as interpretable as analyzing the potential economic consequences in the coming months, but sadly it is not.

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### Author: ![MrRIP](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mrrip/32/26_2.png) [@MrRIP](https://forum.mustachianpost.com/u/MrRIP)
#### Post date: [March 14, 2020, 3:01pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/973 "2020-03-14T15:01:10Z")

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I was coming here to reply exactly what @San_Francisco said. Good points!

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### Author: ![MrRIP](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/mrrip/32/26_2.png) [@MrRIP](https://forum.mustachianpost.com/u/MrRIP)
#### Post date: [March 14, 2020, 3:06pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/974 "2020-03-14T15:06:57Z")

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Guys, I want to thank you all. This thread has been a nice place where to share sentiments, mostly pain so far, and keep calm 🙂

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### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [March 14, 2020, 3:07pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/975 "2020-03-14T15:07:39Z")

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They started the whole discussion much sooner than that: [https://www.bogleheads.org/forum/viewtopic.php?f=10&t=302849](https://www.bogleheads.org/forum/viewtopic.php?f=10&t=302849)

There are a couple of people there who sold everything in February close to the top.

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### Author: ![Zerte2](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/zerte2/32/2870_2.png) [@Zerte2](https://forum.mustachianpost.com/u/Zerte2)
#### Post date: [March 14, 2020, 3:17pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/976 "2020-03-14T15:17:09Z")

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> [@produktiv](#):
>
> Is anyone else gambling a bit (only with “fun money”) with options right now? I made some money with puts in the last two weeks, then some money yesterday with calls and bought puts 1min before closing yesterday evening. Not as a long term investing strategy, more as a quarantine activity.

I did gamble with puts in January-February on Nasdaq and Tesla when it went parabolic (the RobinHood trader rush) but now I’ve stopped, the market is too unpredictable, plus Swiss market makers seem to withdraw their usual bid/ask amounts.

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### Author: ![dbu](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dbu/32/1552_2.png) [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [March 14, 2020, 3:20pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/977 "2020-03-14T15:20:54Z")

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Re. airlines, Europe is playing as well:  
[https://www.nasdaq.com/articles/air-france-will-cancel-3600-flights-in-march-over-the-coronavirus.-its-going-to-get-worse](https://www.nasdaq.com/articles/air-france-will-cancel-3600-flights-in-march-over-the-coronavirus.-its-going-to-get-worse)  
Friends just received a cancellation from Paris - Basel.

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### Author: ![Bojack](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/bojack/32/281_2.png) [@Bojack](https://forum.mustachianpost.com/u/Bojack)
#### Post date: [March 14, 2020, 3:30pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/978 "2020-03-14T15:30:38Z")

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100k infected in Ohio, seriously? 3 millions in USA? You think its at all possible? Even if, then for most people it goes without symptoms, otherwise we would know.

Also, the guys who claim they sold at the peak. They can say what they want, how can you verify?

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### Author: ![wapiti](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/wapiti/32/4451_2.png) [@wapiti](https://forum.mustachianpost.com/u/wapiti)
#### Post date: [March 14, 2020, 3:59pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/979 "2020-03-14T15:59:15Z")

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Unfortunately, I think few airlines will go bankrupt like norvegian

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### Author: ![Bojack](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/bojack/32/281_2.png) [@Bojack](https://forum.mustachianpost.com/u/Bojack)
#### Post date: [March 14, 2020, 4:06pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/980 "2020-03-14T16:06:36Z")

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I paid 2x 1000 CHF for a ticket with SWISS to USA, going shortly after the 30-day ban. You think there is any chance I could fly? If not let’s hope SWISS doesn’t go bankrupt before they can give me my money back 😉

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### Author: ![glina](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/glina/32/820_2.png) [@glina](https://forum.mustachianpost.com/u/glina)
#### Post date: [March 14, 2020, 5:18pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/981 "2020-03-14T17:18:43Z")

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> [@dbu](#):
>
> A speculation, like any other

If you speculate or daytrade you need to see it as a competitive game. There are people who want to buy your stocks cheaper and they’ll do whatever it takes. Do you have the edge?

Conviction that things get worse before they get better is not an edge, it’s an obstacle. Everybody knows that. Be careful before getting involved in this game.

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### Author: ![Cortana](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/cortana/32/2082_2.png) [@Cortana](https://forum.mustachianpost.com/u/Cortana)
#### Post date: [March 14, 2020, 5:35pm UTC](https://forum.mustachianpost.com/t/coronavirus-when-do-we-reach-the-bottom-of-the-dip/3304/982 "2020-03-14T17:35:36Z")

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They are closing everything in Tessin right now, damn. My GF is selfemployed since summer 2019, this might destroy her if they do this here in Basel.

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