Bluntly, because only a newbie would write what you wrote - unless you were writing about the index.
Refer to my post #7286.
Printable View
Disagree.
Re your point about resilient stocks, let's take CEN for example. That is well within 10% of its prior COVID lows. How is that now a buying opportunity based off COVID occuring? Was it such a screaming back at the prior point time? How does COVID occurring make it such a screaming buy when the price is the same?
Even notwithstanding that, other metrics to consider price and what it is being based on/denoted in (i.e. not just $), such as P/E, can be used. Investopedia has some good easy to understand info.
They should make their money, RnT - because that's what they do as their profession. Just like doctors save lives as their profession.
Then, what do they do with the money they make?
https://www.usatoday.com/story/money...fet/362275001/
Hope the article cheers you up a bit that it's not all about making money and keeping it for their own creature comforts and ego.
so even china is handing out cash ( helicopter money to its citizens to spur recovery
China's coronavirus stimulus opts for coupons in a world awash with cash handouts
https://www.abc.net.au/news/2020-04-...ction=business