Other Resources The Political Joe » The Market Rss Feed  
Moderators: k9car363, alicefoeller Reply
Show Per page
 
 
of 4
 
 
2018-10-10 1:15 PM
in reply to: 0

User image

Pro
15525
50005000500050025
Subject: RE: The Market

It looks like the hurricane has wiped out the top 2-3% of the market today.  It appears that all that work I did in my life to not live in hurricane country, so I wouldn't have to rebuild, was for nothing. 1000 miles from the eye and still sustained tens of thousands of dollars damage. 



Edited by Left Brain 2018-10-10 1:23 PM


2018-10-10 1:29 PM
in reply to: Left Brain

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
Ouch!

If I weren't so close to retirement (thinking ~4 months out) I'd go all in but always risking catching falling knives. I'm just going to stay at 50% in 50% out.
2018-10-10 1:51 PM
in reply to: Rogillio

User image

Pro
15525
50005000500050025
Subject: RE: The Market

The truth is, this entire bull market has been 2 steps up and1 step down.......I got cold feet one time in 30 years and paid for it.  I'll retire in 4 years when my kids are all out of school.....until then it's "go with throttle up" with the money I have in the market.  I won't pull hardly any out the first few years of retirement anyway...let it roll !

2018-10-10 5:29 PM
in reply to: 0

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
Had to laugh. I was ordering the book “To Kill a Mocking Bird” on Amazon. Have seen the movie but have never read the book. So it’s available used for $5.69 plus $0.89 tax with free shipping. Also available for $5.99 plus $0.62 shipping but zero sales tax. So I’m doing the math calculating the better deal....meanwhile, back at the ranch, the DOW is down 800 points and I’ve lost $15,000 in the market today! But I saved $0.57 on my book. Whoot!



Edited by Rogillio 2018-10-10 5:49 PM
2018-10-12 10:14 AM
in reply to: Oysterboy

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
Saw $40k disappear like a fart in the wind the last 2 days. Wondering what the markets will do with the election results? I made the wrong call RE the 2016 election and missed out on some huge gains. Considering pulling out (after the rebound) and just wait and see. My thinking is, if the GOP hold Congress nothing will change....or maybe a slight uptick. But if the DNC take one or both houses the market will drop like a rock. So the risk/reward favors pulling out temporarily. If we don't rebound, it's moot as I'm not going to sell.

Thoughts?
2018-10-12 10:46 AM
in reply to: 0

User image

Pro
15525
50005000500050025
Subject: RE: The Market

The economy is very strong.  The drop is needed......it becomes a buying opportunity and new money is added.  I was hoping for one more day of big drops before I threw some more money in.  Looks like I may not get it.

As for the election.....it appears to me that the Dems screwed themselves out of any chance to get the Senate....the house may flip a bit, but if the economy stays strong, and the predictions are quite good that it will, then the market won't panic. 

It's a really good sign that the Fed can actually raise interest rates and not kill the market.  The economy was so precarious under Obama that there couldn't even be a thought of doing that. 

I'm not moving a penny.....unless it's to add more money to my stock plan.



Edited by Left Brain 2018-10-12 10:47 AM


2018-10-12 11:49 AM
in reply to: Left Brain

User image

Pro
6836
5000100050010010010025
Tejas
Subject: RE: The Market
I got a call from one of our brokers last week. He was pretty cryptic at the time, but looking back on it, he was telling me this was going to happen this week. I'm still sticking with my decision to stay put, but next time I get one these calls from him, I'm going to look at all my options. I think it'll prolly putter around back and forth for a bit and when it looks relatively bottomed out… BUY!!!!
2018-10-12 10:18 PM
in reply to: mdg2003

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Lost a hair over $50,000 since 10/1.....still up over 6% for the year so.....meh.

2018-10-16 3:18 PM
in reply to: Left Brain

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Oh.......I'll take nearly 3% today. 

2018-12-11 7:31 AM
in reply to: Left Brain

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
$60 grand down the ole crapper in 3 months. Judas priest, we only paid $75k for our first house! Oh well, easy come, easy go. I'm glad I am only in the market 50% else I'd be down $120k. If I had a pair, I'd go all-in and put the other 50% out there but one must be careful catching falling knives.....
2018-12-11 8:27 AM
in reply to: Rogillio

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Buying opportunity



2018-12-11 9:53 AM
in reply to: Left Brain

User image

Extreme Veteran
3023
20001000
Maryland
Subject: RE: The Market

what is y'all old peoples advice on where/how i can put some money.  i have a 403b that i put 7% into, i have my current property which i bought as a foreclosure and i am fixing up (just did the master bath) that i want to keep as a rental when i move out.  i'm looking for someplace else to stick some money

2018-12-11 1:24 PM
in reply to: dmiller5

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Stick it there and leave it there?

2018-12-11 1:36 PM
in reply to: dmiller5

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
Originally posted by dmiller5

what is y'all old peoples advice on where/how i can put some money.  i have a 403b that i put 7% into, i have my current property which i bought as a foreclosure and i am fixing up (just did the master bath) that i want to keep as a rental when i move out.  i'm looking for someplace else to stick some money




Put the maximum amount you can possibly stand in the most aggressive funds available in the 403b....and then forget about it for the next 20 years....and you will have a million++ when you get ready to retire. You have plenty of time to ride the market up and down.....look long term and don't even look at. In the long run the market always increases.

I started putting as much as I could afford and every time I got a raise I increased the amount I put in by the amount of the raise....and just 'acted' like I didn't get a raise that year. Before long I was at the maximum allowable tax deferred.

2018-12-11 1:56 PM
in reply to: Rogillio

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Originally posted by Rogillio
Originally posted by dmiller5

what is y'all old peoples advice on where/how i can put some money.  i have a 403b that i put 7% into, i have my current property which i bought as a foreclosure and i am fixing up (just did the master bath) that i want to keep as a rental when i move out.  i'm looking for someplace else to stick some money

Put the maximum amount you can possibly stand in the most aggressive funds available in the 403b....and then forget about it for the next 20 years....and you will have a million++ when you get ready to retire. You have plenty of time to ride the market up and down.....look long term and don't even look at. In the long run the market always increases. I started putting as much as I could afford and every time I got a raise I increased the amount I put in by the amount of the raise....and just 'acted' like I didn't get a raise that year. Before long I was at the maximum allowable tax deferred.

That's good advice for the "everyman" saver/investor.  The trick is to leave the money alone and keep contributing over 20-30 years.

2018-12-11 3:11 PM
in reply to: Left Brain

User image

Extreme Veteran
3023
20001000
Maryland
Subject: RE: The Market

so your opinion is just add more to that 403b and don't try to diversify?  i'm also socking away money for the next time the housing market dies to pick up some investment properties when prices are low.

your way is boring



2018-12-11 3:21 PM
in reply to: dmiller5

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Originally posted by dmiller5

so your opinion is just add more to that 403b and don't try to diversify?  i'm also socking away money for the next time the housing market dies to pick up some investment properties when prices are low.

your way is boring

It's very boring......and it ends with a nifty 7 figure number.  Keep it  loaded with stock funds at your age.

2018-12-11 3:57 PM
in reply to: dmiller5

User image

Expert
849
50010010010025
Evergreen, Colorado
Subject: RE: The Market

Originally posted by dmiller5

so your opinion is just add more to that 403b and don't try to diversify?  i'm also socking away money for the next time the housing market dies to pick up some investment properties when prices are low.

your way is boring

We've made quite a bit of money on real estate investments over the years. If you have the cash to buy land or homes at the right time, you can make some serious returns in a short amount of time. It can take some elbow grease (we've built homes, flipped properties, owned an apartment complex), but I'd say real estate investments have outperformed stock market investments for us. We've also eaten our lunch on properties a couple of times, but it's ok if you have the long game in mind.

2018-12-19 2:41 PM
in reply to: Left Brain

User image

, Arizona
Subject: RE: The Market
Another day of "winning" in the market... ouch.
2018-12-19 2:53 PM
in reply to: Synon

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Meh......I'm not moving anything.  I wish I had more to invest.

2018-12-19 3:15 PM
in reply to: Left Brain

User image

Champion
9897
500020002000500100100100252525
Alabama
Subject: RE: The Market
Damn Fed needs to just go away and let the market be driven by the market!


2019-02-04 3:31 PM
in reply to: Rogillio

User image

Pro
15525
50005000500050025
Subject: RE: The Market

Funny how quiet the media has been lately regarding the market.......get ready for records to be set in the next 30 days.

New Thread
Other Resources The Political Joe » The Market Rss Feed  
Show Per page
 
 
of 4
 
 
RELATED POSTS

stock market

Started by dmiller5
Views: 454 Posts: 23

2018-02-07 6:44 AM Rogillio