Stock Market (Page 5)

lol, congrats buddy

Every time I see the new market highs I think about you LB.  

Make sure you think about me when it all goes to hell. LMAO

I think you'll be thinking about me then.  lol

Yeah, there has to be a catalyst somewhere to cause a huge swing and none of us know what that will be.  Earnings or GDP misses will only effect the market by a few percent.  The QE money is "in the system" to essentially hold it where it's at.  Now, if the banks have to start giving the money back, then it will be removed at a pace relative to the payback that will have an overall effect on the market.

I don't think that will happen in the next two years while the Democrats work to stay in the White House. It's all they've got and Obama's Fed chairman will not let him down.   I'm all in! 

Damn.....another down year.    

lol, I saw that this morning and just knew you would be posting in here.  
Congrats to all, but remember you haven't made anything until you sell, and nobody knows when the best day to do that is.  :-/

I didn't quite get to 14% this year,  so not quite up to many of the last few years......still......better then the 6-8% I was hoping for when the year started......merry x-mas I guess..

Crazy rollercoaster the past week.  Anybody playing?

I decided to stay out of this one.

Absolutely staying the course.  Got a disbursement from some over funding on a pension account a few weeks ago and dumped it all in as well. 

I'm happy to see some correction.  The market has been flat this year for the most part.  A correction will add some needed new money from investors who have been afraid to get in at the level we've been stuck at.

Yeah, without question if you're in a buy and hold plan you have to stay in and just tighten the seatbelt. 

I think your brother is smarter than you.   

I'm 55 and can go whenever I feel like it, though I'll likely hold on until I get my kids out of high school in a few years, so we are similar.  The marke6t HAD to have a correction, there is virtually no way around it and a 10% correction happens on average every 18 months or so.  I think this is a really good thing.  Like I said on the other post, the market needed/needs some new money.  It's hard to entice investors when the market is sitting near all-time highs.  Now we can get some new money infused and ride those gains once this correction is flushed out.  Our economy is still growing, the Fed is still holding interest rates down, housing prices are on a pretty major upswing.  This is not 2008.

How much of a loss are you willing take?  You've got 2.5 years.  Even when the market tanked on '08 (and we're not in that boat) it came almost all the way back up in around 3 years.

You guys know I'm not a buy and hold kind of investor in the stock market, but if I were the rule is 5 years.  If you've got 5 years to risk then you're fairly safe no matter what the market is doing.  If you go back in history it's hard to find a 5 year period where the markets didn't rebound in that timeframe.  Now obviously there's the murphy's law of the market tanking 3 days before you were planning to sell, but typically i'm the only one with that kind of luck so you should be fine.

With two and a half years left until retirement you have to look at what you need and how you're planning to park your money then.  You can put it in a money market account and be 100% safe, but make less than inflation for a return.  You can leave it in the market and make or lose 10%-20% in a year but be fairly safe over a 5 year period.
I currently have very little of my net worth in the stock market.  I have my 401k in growth stock mutual funds and my IRA is my "play account" that I use for option swing trading.  Other than that I'm invested in my business and on the personal side paying our house off.  When we're completely debt free then I'll likely start buying rental properties with excess cash, but I'm not there yet.

LOL

I stayed in, and beat the crap out of the guys I work with who got out and tried to time getting back in.  I guess it depends on where you were invested.  There have been a couple of bumps along the way that were as bad, and at least one that was worse then this one, but I think our economy was not looking like it is today.  I like that the housing market is coming back in a fairly robust manner, and I like that oil prices are down, along with unemployment.  I guess, like I said, this feels NOTHING like 2008 so I can't imagine getting out now.  In fact, I think this is exactly was needed to push the market higher in the next couple of years.  At least that's what my Ouija board says.