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The Dow Jones Plunges! What about Internet Marketers?

by JeffDC89
8 replies
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The Dow Jones had an historic drop yesterday, just curious how does that affect an internet marketer living in the US?

Say someone who makes income affiliate marketing and selling online services to local business owners?
#dow jones #economy #internet marketer #usa #wall street
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  • Profile picture of the author Kay King
    An historic drop - following a year of historic highs...life goes on.
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  • Profile picture of the author Claude Whitacre
    Who cares? In the last 9 years, my index fund has tripled in value. And it will go back up quickly. It always does.

    The only way this plunge affects internet marketers is if they are selling a stock trading course.

    And if they are...this should trigger a massive marketing campaign.

    The only people this affects are the investors (the top 20% ) and a few brokers.

    But nobody has said to me "I was going to buy that vacuum cleaner...but my stock portfolio took a dive".

    And nobody is going to say "I was going to pay you $15 for your WSO...but I'm taking a beating in the stock market".

    It may slightly affect real estate sales, mortgage sales, and yacht sails (get it?)
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    • Profile picture of the author lanfear63
      Originally Posted by Claude Whitacre View Post

      Who cares? In the last 9 years, my index fund has tripled in value. And it will go back up quickly. It always does.

      The only way this plunge affects internet marketers is if they are selling a stock trading course.

      And if they are...this should trigger a massive marketing campaign.

      The only people this affects are the investors (the top 20% ) and a few brokers.

      But nobody has said to me "I was going to buy that vacuum cleaner...but my stock portfolio took a dive".

      And nobody is going to say "I was going to pay you $15 for your WSO...but I'm taking a beating in the stock market".

      It may slightly affect real estate sales, mortgage sales, and yacht sails (get it?)
      "But everybody has said to me "I was going to buy that vacuum cleaner...but then you started with the hard sell"

      Fixed
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      • Profile picture of the author Dan Riffle
        Originally Posted by lanfear63 View Post

        "But everybody has said to me "I was going to buy that vacuum cleaner...but then l saw your face. Now I want to buy a gun."

        Fixed
        Fixed fixed.
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        • Profile picture of the author tagiscom
          Originally Posted by Dan Riffle View Post

          Fixed fixed.
          Least l can mention Claudette or bondage here without being clobbered.

          But l would naturally be banned for life if l put up the "Claudette, l have a Donut at the Back of My Throat doc/fantasy/sci fi/horror/psychotic/sick movie".

          No human being should watch that, or pets!

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      • Profile picture of the author Claude Whitacre
        Originally Posted by lanfear63 View Post

        "But everybody has said to me "I was going to buy that vacuum cleaner...but then you started with the hard sell"

        Fixed
        I've never heard that. What I have heard ...from someone that didn't buy from me..."Claude,I just want you to know that you are a far nicer guy than that high pressure Kirby salesman that we bought from".

        Oh Joy.
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  • Profile picture of the author whateverpedia
    Although I'm not an American or an affiliate marketer the recent "crash" has had an effect on me.

    It inspired me to arc up my valuer spreadsheet and do some number crunching to find which stocks have been unduly hammered.

    I've managed to find 5 bargains so far (bought one of them this morning). The other 4 report their half yearly earnings later this month so I'm monitoring them until then.

    The current correction has been long overdue, and I've been accumulating cash waiting for just such an event like this to happen.

    The next 2008 like event isn't due until somewhere between 2022 and 2026. In the meantime there'll probably be another couple of corrections between then and now as the market reaches new highs.

    The current correction is merely an opportunity to acquire more stocks at cheaper prices, either topping up existing holdings or, as I did this morning, buying new ones.
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    • Profile picture of the author Tom Addams
      Originally Posted by whateverpedia View Post

      Although I'm not an American or an affiliate marketer the recent "crash" has had an effect on me.

      It inspired me to arc up my valuer spreadsheet and do some number crunching to find which stocks have been unduly hammered.

      I've managed to find 5 bargains so far (bought one of them this morning). The other 4 report their half yearly earnings later this month so I'm monitoring them until then.

      The current correction has been long overdue, and I've been accumulating cash waiting for just such an event like this to happen.

      The next 2008 like event isn't due until somewhere between 2022 and 2026. In the meantime there'll probably be another couple of corrections between then and now as the market reaches new highs.

      The current correction is merely an opportunity to acquire more stocks at cheaper prices, either topping up existing holdings or, as I did this morning, buying new ones.
      Contrarian investment strategies. Good stuff - you're on the ball!!

      - Tom
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