Market Crash 2020, and How YOU Can Still Make MONEY! – The Credit Shifu

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We look at the market crash that has been happening over the past few days, and ask is this the recession 2020 people have been talking about or should you buy the dip? I also talk about the stocks I have sold, such as Zoom stock (ZM) and stocks I have bought like Uber stock (UBER).

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40 comments

Christopher Carroll February 28, 2020 - 6:26 pm

The only people who lose are those who sell. Hold and keep on contributing.

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Menachem Hadad February 28, 2020 - 6:26 pm

Yo love you man!!!

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Kvasir of Old February 28, 2020 - 6:26 pm

It just means to switch from heavy day trade to swing trade. Or start short trading.

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MisterTracks February 28, 2020 - 6:27 pm

awesome video

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MisterTracks February 28, 2020 - 6:27 pm

amazing content

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Stefan February 28, 2020 - 6:28 pm

Time in the market > timing the market.

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Mr. Berry February 28, 2020 - 6:28 pm

Either hold or buy the dip. Also learn to option trade "puts" and "straddles" during bad years.

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nneo100 February 28, 2020 - 6:34 pm

Expect some drops until March 18th when the Fed announces the rate cut. Then the market will stabilize.

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Adventures with Corey February 28, 2020 - 6:41 pm

anyone looking to refinance their home in NY or NJ hit me up.:)

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Jon C February 28, 2020 - 6:41 pm

I like a good sale.

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Junito Lopez February 28, 2020 - 6:45 pm

Some of you probably too young to remember. Black Monday, when Reagan was president, people leap, jumped from buildings. They lost everything

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A BC February 28, 2020 - 6:50 pm

What!!! Datadog is crushing it as an ipo from last year amigo.

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Rogue Agent February 28, 2020 - 7:02 pm

As of 2pm EST since last Thursday it's down 16% overall the DJIA. Which is pretty bad for 6 business days.

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james M February 28, 2020 - 7:12 pm

Bitcoin

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Commando Master February 28, 2020 - 7:32 pm

Market crashes are just stocks going on sale. Don't panic sell, and just buy and hold.

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Madaz Money February 28, 2020 - 8:23 pm

Trading is fun isn't it? 😉

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keith picinic February 28, 2020 - 8:30 pm

The virus should only be around for another 7-8 months, market should rebound after that.

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Emmanuel February 28, 2020 - 8:44 pm

What about index funds?

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firstname lastname February 28, 2020 - 9:04 pm

ALL price movement is profitable. Rookies will tell you to hold and not panic sell. Pros will buy long call options and short put options.

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Xabier Landa February 28, 2020 - 9:22 pm

How you buy, if you don’t mine to ask, I started watching stocks so any tips , that be great….

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Ziich February 28, 2020 - 11:50 pm

Potential Wash sale buying apple again?

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Darius Welch February 29, 2020 - 12:02 am

12 years of expansion. A global recession is on its way. I prefer buying physical gold and silver. by the way look at the last 15 minutes of the Dow Jones and tell me the markets are not manipulated.

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Mario F February 29, 2020 - 12:05 am

Buy indexes!

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Astros Fan February 29, 2020 - 2:47 am

Always find it weird how a sickness affects the market like that. I definitely don’t know much about the market, just find it odd.

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Who cares 2020 February 29, 2020 - 3:48 am

Did you buy at least 500 shares to make some real money?

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cjhan47 February 29, 2020 - 5:20 am

Rate cuts when the economy is allegedly doing well means the economy is not doing well. If you are going to be depending on your invested money soon you are in a bad spot right now. anyone looking long term (8 to 10 years) you should be fine. U.S. markets are grossly overinflated right now so expect more downturn.
Coronavirus, while it is a contributor at this point, is not the reason for the overall drop in the market, at this point you should be concerned by the massive debt the U.S. is building up when the market is allegedly doing well. ITS A TRAP!!!!

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Scott Musgrave February 29, 2020 - 5:24 am

LMT👍

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CJ Cab February 29, 2020 - 5:46 am

Loading up on Disney and Coca Cola!

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alteredillusions100 February 29, 2020 - 7:10 am

Great video. I love to see more on investing!

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Ace Hardy February 29, 2020 - 9:53 am

💲

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jblyon2 February 29, 2020 - 11:56 pm

I moved my 401(k) entirely to bonds when it started dropping. Time to sit tight and shift it back once things level off. I had a 23% return on it last year and after yesterday that would have been entirely wiped out if I hadn't moved it. My contributions so far this year and initial gains disappeared before the transfer was processed.

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Ray Grenade March 1, 2020 - 1:20 am

3 secured credit cards with 200 dollar limit each, or 2 secured 1 with 200 and 1 with 300. i have 0 credit history and no one to be authorized, what do you suggest

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Mystic Eric March 1, 2020 - 2:57 pm

With all that is going on when you Fly what are you doing to protect yourself & Family?

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The Bed Doctor March 2, 2020 - 12:51 am

Shouldn't we be shorting stocks to make money on the way down

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Investing And Trading - Adventures and Us March 2, 2020 - 4:49 am

Great opportunities to by great companies for absolutely cheap. Looking to load up on some hopefully for the next few months

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MJM March 7, 2020 - 10:20 am

Just want to make a note this was not actually to largest point drop, the largest point drop was 1600 points in one day 1st quarter of 2018

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MJM March 7, 2020 - 10:23 am

What is a great buy I think is airlines especially America airlines the high was 60 and low is 16 not bad I’m going to be putting about $30 K

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Derek March 8, 2020 - 5:06 pm

It is a disgrace you think Benjamin Graham would be proud of this approach. Buying Boeing at $405 means you have zero understanding of valuation. Stocks have been as expensive when analyzing true earnings as they were in 2000 and 2007. You said at the beginning that you are not a CPA, but as a CFA, it’s sad that you preach this to your followers. Dollar “lost” averaging is not the way to go. Find true valuation at the start, and buy when it reaches that level. If you were smarter, you’d sell put options at a level you wanted to buy and then collect premium while you wait.

Please stop talking about investing. You don’t know enough.

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Omgdannie2 March 15, 2020 - 9:44 pm

Yikes! This did not age well. 5:32
Today 3/15/20 these are / BA: 165 / LMT: 328 / SWK: 82 / MU: 42 / Uber: 22

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Rugoshath IM Professionals March 16, 2020 - 8:18 am

Interesting thanks

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