Getbig Bodybuilding, Figure and Fitness Forums
Getbig Main Boards => Politics and Political Issues Board => Topic started by: Neurotoxin on March 27, 2018, 04:21:31 PM
-
Beware.
-
Beware.
I guess if you keep predicting a crash every year, you're bound to get it right eventually.
Just an early warning to GBers who are invested.
-NT
-
Beware.
No Fed help this time around.
-
No Fed help this time around.
Which means no false economy like we saw during the Obama administration
-
Which means no false economy like we saw during the Obama administration
::)
or like the Bush administration when the housing bubble busted and the market took a dive...
-
Beware.
LOL
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-
LOL
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
;D
-
;D
There was a large sell off..... but it recovered quickly
-
There was a large sell off..... but it recovered quickly
Was there? I don't remember that, but I do remember this:
financials surge after Trump election upset
http://www.cnbc.com/2016/11/09/us-markets.html
-
There was a large sell off..... but it recovered quickly
Right. Mons Venus is like a broken clock when it comes to the stock market. lol
-
Right. Mons Venus is like a broken clock when it comes to the stock market. lol
The stock market will fluctuate. Mark my words!
- El Profeta
-
Word! El Profeta is the man. :)
-
Was there? I don't remember that, but I do remember this:
From your article...
The day's rally took the major averages within 2 percent of their all-time intraday highs, and marked a stunning recovery from a sharp plunge in stock index futures overnight. Trade volume Wednesday was roughly 12 billion shares, the highest since the surprise U.K. vote to leave the European Union in June.
-
I hope not. I'd like to make it until at least the 2020 election. Another two years or so and I'll be set up nicely to weather the storm. If not, it could be bad for ol Irongrip. :-\
-
I hope not. I'd like to make it until at least the 2020 election. Another two years or so and I'll be set up nicely to weather the storm. If not, it could be bad for ol Irongrip. :-\
sorry to hear that. I made my money under Obama. Could have been anyone I'm sure, but that was who happen to be in office. Retired at 53. Thanks Obama
-
sorry to hear that. I made my money under Obama. Could have been anyone I'm sure, but that was who happen to be in office. Retired at 53. Thanks Obama
Congratulations! Do you get a pension and government health insurance in your retirement?
-
From your article...
The day's rally took the major averages within 2 percent of their all-time intraday highs, and marked a stunning recovery from a sharp plunge in stock index futures overnight. Trade volume Wednesday was roughly 12 billion shares, the highest since the surprise U.K. vote to leave the European Union in June.
I read "my" article again, and it seems that sharp plunge happened because of uncertainty, right before it was officially known that Trump had won, which contradicts Neurotoxin's prediction all the more:
"Overnight was all about uncertainty. Today we know" the result, said JJ Kinahan, chief strategist at TD Ameritrade. He said part of the day's rally was fueled by short covering, and that volatility will likely continue as traders eye Trump's potential Cabinet picks."
Besides, Neurotoxin predicted on October 18, 2016 that the Dow would crash:
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
Which means no false economy like we saw during the Obama administration
Correct.
-
S&P 2,560 = major market support. Once breached, capitulation will occur.
-
I read "my" article again, and it seems that sharp plunge happened because of uncertainty, right before it was officially known that Trump had won, which contradicts Neurotoxin's prediction all the more:
"Overnight was all about uncertainty. Today we know" the result, said JJ Kinahan, chief strategist at TD Ameritrade. He said part of the day's rally was fueled by short covering, and that volatility will likely continue as traders eye Trump's potential Cabinet picks."
Besides, Neurotoxin predicted on October 18, 2016 that the Dow would crash:
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
Why not post up my 2007 Dow Crash thread?
-
Why not post up my 2007 Dow Crash thread?
Sure. It's below, but why bring up your failed 2007 Dow Crash thread? Is it because you're admitting that your 2016 Dow Crash thread was a disaster and further destroyed your credibility?
Maybe if you kept your racism and politics out of it, your threads would be more interesting and maybe somewhat credible even.
http://www.getbig.com/boards/index.php?topic=180577.msg8648023#msg8648023
-
More from Neurotoxin(Prognosticator)'s failed 2007 Dow Crash thread:
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
-
More from Neurotoxin(Prognosticator)'s failed 2007 Dow Crash thread:
You are a racist, ignorant bastard and a plagiarist.
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
Forgot about this. A racist plagiarizer. And let's not forget he's a 9/11 Troofer.
-
Congratulations! Do you get a pension and government health insurance in your retirement?
I have an annuity, and I pay for health dental and vision insurance. its just under $550 a month for 2
-
Beware.
Don't say you weren't warned.
-
I have an annuity, and I pay for health dental and vision insurance. its just under $550 a month for 2
Good for you, but no pension? I thought retired cops got a pension.
How do you get such cheap individual health insurance for two older adults? Just curious. I'm nowhere near retirement age, but I do like to think and read about these things now.
-
Don't say you weren't warned.
There will be another recession in the USA, in the near or somewhat distant, or very distant future. The stock market will at first surfer, but will later recover. Mark my words!
- El Profeta
8)
Be confident when others panic. Be cautious when others are confident.
Dow Jones Industrial Average (1900 - Present Monthly)
(http://stockcharts.com/freecharts/historical/images/djia1900s.png)
^
|___ Great Depression (1930s)
http://stockcharts.com/freecharts/historical/djia1900.html
-
;D
-
Tarrifs are so fng dumb!!!
-
Dow DOWN - 458 points
Nasdaq DOWN - 193 points
Enjoy!
- NT
-
Dow DOWN - 458 points
Nasdaq DOWN - 193 points
Enjoy!
- NT
Meh. I'm waiting to hear what El Profeta has to say.
-
Beware.
Tick tock....
-NT
-
Thanks Trump
-
Thanks Trump
yup jump of a bridge it is all over ::)
-
Dow DOWN - 458 points
Nasdaq DOWN - 193 points
Enjoy!
- NT
My property values are skyrocketing, the last thing I'm going to worry about is a market that went up almost 40% since an election and dropped a little still leaving us 6000+ since election day..lol
-
Tick tock....
-NT
The stock market will fluctuate. Mark my words![1]
Sources and References:
1. loco
-
Good for you, but no pension? I thought retired cops got a pension.
How do you get such cheap individual health insurance for two older adults? Just curious. I'm nowhere near retirement age, but I do like to think and read about these things now.
Some may get pensions depending on how it is set up. Ours was set up and is similar, but technically an annuity that will pay out until I die. As far as health insurance, we may get a good rate because retired officers are still in the pool as the active officers and with the group rate it is probably cheaper. I looked after I posted and my health, vision and dental is closer to $600 a month. It comes out of my check before I see it.
-
Some may get pensions depending on how it is set up. Ours was set up and is similar, but technically an annuity that will pay out until I die. As far as health insurance, we may get a good rate because retired officers are still in the pool as the active officers and with the group rate it is probably cheaper. I looked after I posted and my health, vision and dental is closer to $600 a month. It comes out of my check before I see it.
Okay. My original questions were
Congratulations! Do you get a pension and government health insurance in your retirement?
So you do get some form of a pension and also government, group health insurance. By "government" I mean your former employer. I understand the provider itself is likely a private health insurance company.
The reason I asked is because people working in the private sector face more challenges than you when retiring early like you did. They rarely, if ever, get a pension and they definitely don't qualify for any group health insurance.
Those are some of the pros and cons of working for city, county, state or federal government. You may get paid less than you would working in the private sector, but you are more likely to get a pension and group health insurance rates from the time you retire early to the time you qualify for Medicare.
Good for you!
-
Okay. My original questions were
So you do get some form of a pension and also government, group health insurance. By "government" I mean your former employer. I understand the provider itself is likely a private health insurance company.
The reason I asked is because people working in the private sector face more challenges than you when retiring early like you did. They rarely, if ever, get a pension and they definitely don't qualify for any group health insurance.
Those are some of the pros and cons of working for city, county, state or federal government. You may get paid less than you would working in the private sector, but you are more likely to get a pension and group health insurance rates from the time you retire early to the time you qualify for Medicare.
Good for you!
Absolutely there are trade offs. I started with this particular Department in Jan of 93. Within a few years the tech boom really hit and several of my academy classmates and co workers left to go work in the private realm. The money they were making was impressive compared to what I was pulling down. Fast forward 20 years and a handful of them did very well, but as you might guess, there were a lot that regretted leaving the slow but steady path. I look at it as being a bit lucky. I am not a computer whiz, but I always loved working with people. I just landed in a job that allowed me to do what I really loved doing and it ended up being a financial bonus.
-
Beware.
-
There will be another recession in the USA, in the near or somewhat distant, or very distant future. The stock market will at first surfer, but will later recover. Mark my words!
- El Profeta
-
;D
-
Dow DOWN -572
Nasdaq DOWN - 161
-NT
-
Dow DOWN -572
Nasdaq DOWN - 161
-NT
buy
-
buy
That word will haunt you.
Tick tock....
-NT
-
buy
Market timing? Not a wise move. How do you know it won't go down significantly more?
How about just buying weekly or biweekly into low cost, broad market index funds no matter what? Doing this long term, seven to thirty years, you're very likely to come way ahead of anyone trying to time the stock market. Set it, forget it, enjoy your retirement.
Good job! You are doing "dollar cost averaging", as polychronopolous said above. By doing this, you are buying fewer high/over priced shares when the stock market is high, and more low/under priced shares when the stock market is low. That beats market timing every time, except for the extremely rare cases when experts gamblers get lucky.
Not to mention this method of set it and forget it gives you peace of mind even if the stock market drops 75%, unless it happens right around the time of your retirement.
-
Market timing? Not a wise move. How do you know it won't go down significantly more?
You don't but over some time I think you're pretty safe.
-
Dow DOWN -572
Nasdaq DOWN - 161
-NT
The Dow Jones Industrial Average DJIA, +0.19% which at its session high was up as much as 440 points, closed up 46.34 points, or 0.2%, at 23,979.10.
The S&P 500 SPX, +0.33% added 8.69 points to 2,613.16, a gain of 0.3%.
https://www.marketwatch.com/story/us-stocks-set-to-shake-off-last-weeks-plunge-on-hopes-over-trade-2018-04-09
-
Why is it Mons Venus never posts when the market climbs?
Dow surges 429 points as China signals lower tariffs on US products
By Leia Klingel, Matthew Rocco
Published April 10, 2018
Stocks FOXBusiness
U.S. stocks surged Tuesday following a speech by Chinese President Xi Jinping in which he said he would open the country's economy and lower import tariffs on products, including cars.
The Dow Jones Industrial Average gained 428.90 points, or 1.79%, to 24,408. The S&P 500 jumped 43.71 points, or 1.61%, to 2,656.87. The Nasdaq advanced 143.96 points, or 2.07%, to 7,094.30.
. . . .
https://www.foxbusiness.com/markets/dow-surges-429-points-as-china-signals-lower-tariffs-on-us-products
-
Dow DOWN -572
Nasdaq DOWN - 161
-NT
Saved for posterity
-
That word will haunt you.
Tick tock....
-NT
Again...saved
-
Time is drawing near....
-NT
-
Time is drawing near....
-NT
Nah, I think I will continue to place my money into good businesses.
It has worked out well for me thus far.
"Being short America has been a loser's game"
100% Correct.
-
Time is drawing near....
-NT
Just an early warning to GBers who are invested.
-NT
-
S&P 500 as of October 18, 2016 - 2140
S&P 500 Today - 2670
About a 25% increase in roughly a year and a half.
Neurotoxin, with that kind of stock market advice, I would have TWO WORDS for you.
(http://i2.wp.com/www.powerlineblog.com/ed-assets/2017/01/Youre-Fired.jpeg)
-
Dow DOWN - 424.00
Nasdaq DOWN - 121.00
-NT
-
Don't say you weren't warned.
-
Time is drawing near....
-NT
-
Again...saved
Good, it will confirm what a moron you are.
-NT
-
Tick tock .....
-NT
-
1400 views already? Someone's interested in my thread besides the naysayers.
I accurately called 2007/08 crash, 2018 will be no different.
Without another round of "quantitative easing" this market has nowhere to go but DOWN. ( major correction )
-NT
-
1400 views already? Someone's interested in my thread besides the naysayers.
I accurately called 2007/08 crash, 2018 will be no different.
Without another round of "quantitative easing" this market has nowhere to go but DOWN. ( major correction )
-NT
Just an early warning to GBers who are invested.
-NT
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
More from Neurotoxin(Prognosticator)'s failed 2007 Dow Crash thread:
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
-
The only way my opinion changes is if Trump initiates "quantitative easing". Quantitative easing is the only reason the stock market elevated so high under Obama. That was easy money. Now the market must function with no "quantitative easing" and a Fed raising interest rates simultaneously.
-NT
-
Big players are selling INTO strength. No catalyst.
-NT
-
Plunge protection team currently defending $SPX 200 DMA.
-NT
-
$SPX, $DJI, $BKX, $COMPX & $SOX "S&R" activated on daily, weekly & monthly timeframes. Stochastics to DOWNSIDE.
$VIX above 200dma on volume w/ Stochastics to UPSIDE.
-NT
-
Tremendous market "overhang." 300 point Dow REVERSAL today.
$DJI down - 153.00 pts
$COMPX down - 53.00 pts
UUP - STRONG
A/D 1-2
Opinion unchanged.
- NT
-
With interest rates rising & free corporate stock buybacks ending, underlying "fundamentals" no longer support overpriced/overbought stock market.
-NT
-
Daily updates in regards to people's 401k retirement accounts ::)
-
Daily updates in regards to people's 401k retirement accounts ::)
Only when the market is down. Crickets when the market goes up. Mons Venus is a broken clock.
-
Only when the market is down. Crickets when the market goes up. Mons Venus is a broken clock.
Ah, I didn't realize that was the same guy.
Now it is all making sense!
-
Ah, I didn't realize that was the same guy.
Now it is all making sense!
Same guy. Same 9/11 Troofer. Same bigot.
-
Tremendous market "overhang." 300 point Dow REVERSAL today.
$DJI down - 153.00 pts
$COMPX down - 53.00 pts
UUP - STRONG
A/D 1-2
Opinion unchanged.
- NT
Another 300 point DOW reversal to DOWNSIDE.
$DJI DOWN -175 points
$ COMPX DOWN - 25 points
UUP - Strong
Opinion unchanged.
-NT
-
I accurately called 2007/08 crash, 2018 will be no different.
-NT
No you didn't. And you most inaccurately predicted a crash if Trump won the presidential election.
And how is this one a prediction? You started this thread almost 3 months ago and you keep posting "Tick tock." What are we looking at here, months, years, decades before your "prediction" comes true?
Everyone knows there will be another crash some day.
-
Time is drawing near....
-NT
How near are we to your prediction, weeks, months, years, decades?
-
Time is drawing near....
-NT
How near are we, weeks, months, years, decades??
-
No way to know the timing. The bond cross used to be a tell, but market is highly manipulated.
They've been punishing savers for so long - many passive investors have their money in equities and will eventually lose like 30-40% when it's time. Oldest story in the world....fees, crashes and the promise of tax deferred gains like a carrot on a stick to keep people in forever. Not for me.
-
No way to know the timing.
Except for Neurotoxin. He claims he can accurately call crashes.
I accurately called 2007/08 crash, 2018 will be no different.
-NT
-
Shiller P/E ratio...5/15/18
http://www.multpl.com/shiller-pe/
-
How near are we, weeks, months, years, decades??
Centuries?
-
Centuries?
(https://i.pinimg.com/originals/56/6c/57/566c57d548e95b9fb5e39f0dcccd0b77.jpg)
-
^^ ;D
-
Shiller P/E ratio...5/15/18
http://www.multpl.com/shiller-pe/
What about Obama's Profit-to-Earnings ratios?
-
Regarding market timing vs passive, long term investing and staying the course no matter what, I'll just leave this here:
Congrats to those who don't listen to this racist, ignorant plagiarist! ;D
move your money out of stocks and into cd's, cash, money markets ect.
preservation of capital is key. if you do nothing, kiss your money goodbye.
U.S. has 600,000 new millionaires
March 16, 2011: 1:37 PM ET
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
Billionaire George Soros reportedly lost nearly $1 billion during Trump rally
January 12, 2017
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
The sources told the Journal Soros was cautious about the market going into the election and became bearish after Trump won.
Stocks and Treasury yields jumped in the wake of Trump's victory, amid the prospects of looser regulations in certain sectors, lower tax rates, and fiscal stimulus.
Soros' hedge fund, Soros Fund Management, manages about $30 billion for Soros and his family. Soros was a supporter oof Hillary Clinton's campaign.
http://finance.yahoo.com/news/billionaire-george-soros-reportedly-lost-134916493.html
Millennials bought leveraged gold ETFs after Trump was elected and got hammered: NYSE trader
Yahoo Finance Video • December 19, 2016
Bloomberg reports they piled into gold ETFs, some with leverage, after the election, expecting Trump to trigger a risk-selloff. The opposite occurred and gold has dropped nearly 15% from the election-night high.
http://finance.yahoo.com/video/millennials-bought-leveraged-gold-etfs-183454148.html
-
Gold ETFs and cryptocurrency...
::)
-
Dow jumps nearly 300 points, retakes 25,000 as U.S.-China trade tensions recede
Published: May 21, 2018
https://www.marketwatch.com/story/dow-futures-rise-200-points-as-china-trade-truce-fuels-fresh-optimism-2018-05-21
-
Dow jumps nearly 300 points, retakes 25,000 as U.S.-China trade tensions recede
Published: May 21, 2018
https://www.marketwatch.com/story/dow-futures-rise-200-points-as-china-trade-truce-fuels-fresh-optimism-2018-05-21
(http://www.mcintyreinthemorning.com/wp-content/uploads/2016/11/STOCKS-UP-TRUMP.jpg?w=640)
(https://pbs.twimg.com/media/DM7D_TuVAAA6ddr.jpg)
(https://s.yimg.com/ny/api/res/1.2/XyUYKeZvx4gpqj4kUEvQBg--/YXBwaWQ9aGlnaGxhbmRlcjtzbT0xO3c9ODAw/http://l.yimg.com/yp/offnetwork/f183f3da27f0e5c333b026024a383964)
-
I predict a large market correction.
It is inevitable in the next few years.
-
I predict a large market correction.
It is inevitable in the next few years.
Beat you to it. :)
The stock market will fluctuate. Mark my words!
- El Profeta
There will be another recession in the USA, in the near or somewhat distant, or very distant future. The stock market will at first surfer, but will later recover. Mark my words!
- El Profeta
-
The current bull market has been around 10 years.
They seem to go around that between major corrections.
So the market is on borrowed time.
Keep some dry powder on hand.
-
The current bull market has been around 10 years.
They seem to go around that between major corrections.
So the market is on borrowed time.
Keep some dry powder on hand.
I don't believe anyone here is arguing that. The argument is whether or not anyone can predict when it will happen.
-
Time is drawing near....
-NT
-
You gonna bump your own post on the 23rd of every month?
-
I don't believe anyone here is arguing that. The argument is whether or not anyone can predict when it will happen.
Nobody can. Nope.
A person has to accept that. Nobody knows.
It's good protection against the con-men who tell you they know so they can take your money.
-
I know this will sound ignorant, but here goes.
I keep my supplemental retirement fund in a treasury bond based fund.
Makes a steady 5% and is pretty stable.
I figure if the treasury dept ever goes belly up, the country just got nuked .
5% return nowadays is really good for a safe investment.
-
http://www.multpl.com/
"Shiller PE ratio for the S&P 500 is based on average inflation-adjusted earnings from the previous 10 years, known as the Cyclically Adjusted PE Ratio (CAPE Ratio), Shiller PE Ratio, or PE 10."
-
Things got a bit out of control around year 2000.
-
How near are we, weeks, months, years, decades??
I gave you enough information. Now fetch my coffee BOY.
-NT
-
I gave you enough information. Now fetch my coffee BOY.
-NT
Oh yeah, thanks for reminding us all that you're just a racist, ignorant bastard and a plagiarist.
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
-
As an educated black man, the Leftist "race card" doesn't work with me.
Now fetch my coffee BOY! I don't like repeating myself!
-NT
-
As an educated black man, the Leftist "race card" doesn't work with me.
Now fetch my coffee BOY! I don't like repeating myself!
-NT
So now you are black?
You are still just a racist, ignorant bastard and a plagiarist.
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
-
Black now? Actually, since birth.
Because I'm an educated black man you assumed that I am white?
I'd say THAT'S racist.
Now fetch my coffee BOY!
- NT
-
Black now? Actually, since birth.
Because I'm an educated black man you assumed that I am white?
I'd say THAT'S racist.
Now fetch my coffee BOY!
- NT
You look quite white to me here:
(http://www.getbig.com/boards/index.php?action=dlattach;topic=180577.0;attach=427798;image)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=180577.0;attach=427802;image)
Neurotoxin,
What's it like, posting on getbig from prison? :D
(http://l1.yimg.com/a/i/ww/news/2011/08/16/miami.jpg)
http://sports.yahoo.com/investigations/news?slug=cr-renegade_miami_booster_details_illicit_benefits_081611
(http://l.yimg.com/a/p/sp/tools/med/2011/08/ipt/1313263455.jpg)
(http://l.yimg.com/a/p/sp/tools/med/2011/08/ipt/1313371093.jpg)
(http://l.yimg.com/a/p/sp/tools/med/2011/08/ipt/1313229521.jpg)
(http://l.yimg.com/a/p/sp/tools/med/2011/08/ipt/1313237386.jpg)
(http://l.yimg.com/a/p/sp/tools/med/2011/08/ipt/1313263565.jpg)
-
Leftist propaganda does NOT work on all black men.
- NT
-
Me, "Leftist"? LOL
Only "Leftist", racist, ignorant bastard and plagiarist here is you:
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
george w bush has systematically destroyed this country financially.
our country is heading for a severe recession as a result of his failed policies.
in the coming months, the stock market will come crashing down. mark my words.
cash is king !
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
-
You look quite white to me here:
Nice! I see you still have a picture of my personal aircraft. What's it like to live in ENVY of a successful black man when YOU'RE a racist?
-NT
-
YOU'RE a racist?
-NT
Nope, but you certainly are:
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
-
I know I'm pathetic. My family calls me a loser. I spend all of my waking hours talking to "people" I don't know personally. I wish I had your life. And yes, I'm very jealous of mega successful black men.
Hey coffee BOY, you would give your left nut for my BLACK life.
Now run off and go play with your boyfriends on GetBig.
- NT
-
Hey coffee BOY, you would give your left nut for my BLACK life.
Now run off and go play with your boyfriends on GetBig.
- NT
Idk if he wants to go to prison for violent crime and leave his children without a father.
-
I know I'm pathetic. My family calls me a loser. I spend all of my waking hours talking to "people" I don't know personally. I wish I had loco's life. And yes, I'm very jealous of mega successful people like loco.
- NT
-
Idk if he wants to go to prison for violent crime and leave his children without a father.
LOL...notice how Neurotoxin switched to his good old crazy self all of a sudden. He's getting desperate because he realizes he's making a fool of himself with his predictions yet again.
-
I am a Leftist PC snowflake and need a safe space from NT.
-
Tick tock....
"Dumb money" should NEVER bet against Market professionals.
-NT
-
Dow Crash Coming To Your 401k (Part 2)
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
The stock market rally continued for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.
"The Dow rose 218 points Thursday and closed at a record high for the second day in a row."
http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html
WINNING
(http://i2.cdn.turner.com/money/dam/assets/161108095213-election2016-markets-up-trump-1024x576.jpg)
-
Tick tock...
"Dumb money" should NEVER bet against Market professionals.
-NT
Following Trumps election the Market CRASHED 1000 points out of the gate, as I predicted.
SmartMoney SHORTED that drop & made a lot of money. 8)
Chico, there's a reason I OWN a private jet, while you sit in your mothers basement talking to your imaginary GB friends.
Now fetch me my coffee Chico! I like mine BLACK. ;)
- NT
-
Following Trumps election the Market CRASHED 1000 points out of the gate, as I predicted.
SmartMoney SHORTED that drop & made a lot of money. 8)
Chico, there's a reason I OWN a private jet, while you sit in your mothers basement talking to your imaginary GB friends.
Now fetch me my coffee Chico! I like mine BLACK. ;)
- NT
LOL...sure, now calling a rally a crash. What a joke you are.
-
Troll w/ room temperature IQ will be ignored.
-NT
-
Troll w/ room temperature IQ will be ignored.
-NT
In other words, you're gonna ignore yourself? Go right ahead.
-
Dow DOWN -392 points today.
-NT
-
Dow DOWN -392 points today.
-NT
Clearly Trump's fault.
Has absolutely NOTHING to do with Italy's instability/uncertainty.
-
Clearly Trump's fault.
Has absolutely NOTHING to do with Italy's instability/uncertainty.
Italy's instability has been prevalent for years, along with Portugal and Greece. (old story) Strong markets shrug off "bad news." Weak markets DO NOT. A market infused w/QE would never glance at this news.
-NT
-
I wish everyone would stop talking about a market crash. You're making me nervous. I knew it was a bad idea for me to invest in a risky market, but I let my banker talk me into it. I don't have the stomach for it and if I move my investment somewhere safer before August, I'll have to pay a penalty. :'( :-\ :'( :-\
-
I wish everyone would stop talking about a market crash. You're making me nervous. I knew it was a bad idea for me to invest in a risky market, but I let my banker talk me into it. I don't have the stomach for it and if I move my investment somewhere safer before August, I'll have to pay a penalty. :'( :-\ :'( :-\
Worried? Nervous? That's no way to live in your retirement. I know you're already there, but this might still help you:
How to Make Your Money Last: The Indispensable Retirement Guide
https://www.amazon.com/dp/B00P434BTE/?coliid=I2BXIZR3SHN71W&colid=1M5AHT055QDT9&psc=0&ref_=lv_ov_lig_dp_it
-
Dow DOWN -392 points today.
-NT
"You just wait...the sky will fall any minute." -- Chicken Little
(http://s3.amazonaws.com/cdn.higherthings.org/imgs/uploads/myht/life_issues/sky-is-falling.jpg)
Bank rally gives Dow its best day in nearly 2 months; Nasdaq closes at another record
The Dow Jones Industrial Average DJIA, +1.40% rose 346.41 points, or 1.4%, to 25,146.39. Wednesday marked the blue-chip average’s biggest one-day point and percentage gain since April 10, and it closed at its highest level since March 12.
The S&P 500 SPX, +0.86% added 23.55 points, or 0.9%, at 2,772.35, also ending at its highest since March 12. The Nasdaq Composite Index COMP, +0.67% rose 51.38 points, or 0.7%, to 7,689.24, recording its third consecutive all-time closing high. Both the S&P and the Nasdaq posted a fourth straight daily advance, while the Dow has risen in three of the past four trading days.
https://www.marketwatch.com/story/dow-set-to-lead-wall-street-higher-on-signs-of-thawing-trade-tensions-2018-06-06
(http://www.mcintyreinthemorning.com/wp-content/uploads/2016/11/STOCKS-UP-TRUMP.jpg?w=640)
-
is "neurotoxin" a SF1900 gimmick?
I swear to God with Christ as my witness he's a gimmick.
NOBODY is this goddam stupid!!
Let's compare IP's with the "conker" account.
-
Shiller P/E
http://www.multpl.com/shiller-pe/
-
"Buffett Indicator" = Ratio of Total Market Cap to GDP
:o
https://www.gurufocus.com/stock-market-valuations.php
-
"Buffett Indicator" = Ratio of Total Market Cap to GDP
:o
https://www.gurufocus.com/stock-market-valuations.php
Do you ever read Buffett's "letters?"
-
Do you ever read Buffett's "letters?"
Not in quite a few years.
How about you?
-
Not in quite a few years.
How about you?
No.
I've heard and seen them mentioned/referenced, but I've never looked them up or known anyone who's personally read them.
I understand they're available to the public; at least eventually.
Is it only the archives that are accessible to the general public?
Did you personally get any benefit from them?
-
No.
I've heard and seen them mentioned/referenced, but I've never looked them up or known anyone who's personally read them.
I understand they're available to the public; at least eventually.
Is it only the archives that are accessible to the general public?
Did you personally get any benefit from them?
Nope.
Of course everyone always talks about Buffett but there is also Munger. So it is a team with synergy.
Buffett/Munger operate on a different level with access to information an ordinary investor could not obtain.
They can call up a CEO and ask the guy what is going on. Basically insiders.
Also much more intelligent than the average person. Much more. And mentally tougher and emotionally stronger.
I've read the books Buffett recommends, even the very technical ones. I came to the conclusion that I could never do what Buffett does because I just don't have access to the info he does. He is inside.
I also concluded that the extra percent or two I MIGHT get from doing all that work and putting in all that time would not be worth it. So I just invest in broad market index funds.
I wish I had the money years ago to invest in Bershire Hathaway. Like 40 years ago. Buffett is to old now for me to do it. Buffett is late 80s and Munger is 90s. Whoever takes over will not be another Buffett/Munger.
-
The rumblings are starting. First mainstream news story I can recall that is this bearish. Of course they go political by citing policy errors as a factor....no actual facts on that yet, just opinion really at this point.
WSJ poll of economists - 59% say 2020, and another 22% say 2021...so that means that 8 in 10 economists think that recession is 2-3 years off yet. The timing is interesting...
https://www.yahoo.com/finance/news/time-get-ready-next-recession-190604738.html
-
Most bull markets last 8-10 years.
Usually takes something unusual to trigger the fall like some financial shenanigans.
-
Stocks climb as energy sector rallies; Wall Street tries to look past tariff spat
Published: June 27, 2018 11:11 a.m. ET
U.S. stock-market indexes were rallying Wednesday morning, with the energy sector leading the charge on the back of gains in crude-oil futures. Wall Street buying appetite also appeared to be stoked after the Trump administration said it would use existing laws to restrict Chinese investment in the U.S. instead of relying on more aggressive executive orders.
What did the benchmarks do?
The Dow Jones Industrial Average DJIA, +0.74% rose 190 points, or 0.8%, to 24,477, trading above its 200-day moving average.
The S&P 500 index SPX, +0.46% advanced 13 points, or 0.5%, to 2,736, with all 11 main sectors trading higher. Energy shares led the gain, up 1.9%, thanks in part to a rally in oil prices. Materials and industrials were up both up by at least 1%.
The Nasdaq Composite Index COMP, +0.16% rose 14 points, or 0.2% to 7,575.
https://www.marketwatch.com/story/dow-futures-slide-200-points-on-fears-of-a-full-scale-trade-war-2018-06-27
(http://i2.cdn.turner.com/money/dam/assets/161108095213-election2016-markets-up-trump-1024x576.jpg)
-
Opinion unchanged.
Dead cat bounce anticipated.
-NT
-
Down, down down.....more to come.
Enjoy!
-NT
-
Opinion unchanged.
Dead cat bounce anticipated.
-NT
Not at all. It was expected that's why no one is freaking out.
-
Worried? Nervous? That's no way to live in your retirement. I know you're already there, but this might still help you:
How to Make Your Money Last: The Indispensable Retirement Guide
https://www.amazon.com/dp/B00P434BTE/?coliid=I2BXIZR3SHN71W&colid=1M5AHT055QDT9&psc=0&ref_=lv_ov_lig_dp_it
Thanks for your suggestion and link. I've checked it out and will read the book later on. Actually, I am in pretty good shape financially. One thing about being older is that I spend less money than I did when I was younger.
-
Thanks for your suggestion and link. I've checked it out and will read the book later on. Actually, I am in pretty good shape financially. One thing about being older is that I spend less money than I did when I was younger.
Then you have no reason to be worried or nervous. Good for you. Enjoy your retirement!
-
When is this crash coming ???
-
When is this crash coming ???
1) Right after you dump all your bonds, CDs, cash and load up on stocks.
2) When your barber starts giving you stock advices.
4) Just before you are set to retire.
-
When is this crash coming ???
In the process. Stage 3 distribution.
- NT
-
In the process. Stage 3 distribution.
- NT
I believe Dow Theory states that distribution is the first stage of a downturn, but I get your point.
The question is, where to go from here if you are correct?
-
I believe Dow Theory states that distribution is the first stage of a downturn, but I get your point.
The question is, where to go from here if you are correct?
1) accumulation
2) mark up
3) distribution
4) decline
-
There will be another recession in the USA, in the near or somewhat distant, or very distant future. The stock market will at first surfer, but will later recover. Mark my words!
- El Profeta
-
;)
-
Been all doom and gloom since before the election in 2016, still waiting. ::)
-
The balloon has to pop at some point.
No one knows when but we're getting closer.
Keep some dry powder available.
My advice is consider how you would feel if your stock portfolio dropped 50%.
If you are close to retirement would you still be ok financially or would you be in trouble?
If your answer is "in trouble" you have too much in stocks and better dial it back.
A 50% drop is well within the realm of possibility.
-
The balloon has to pop at some point.
No one knows when but we're getting closer.
Keep some dry powder available.
My advice is consider how you would feel if your stock portfolio dropped 50%.
If you are close to retirement would you still be ok financially or would you be in trouble?
If your answer is "in trouble" you have too much in stocks and better dial it back.
A 50% drop is well within the realm of possibility.
Correct. I believe we are in the 7th inning of an extra innings game though. I say 2020 before it crashes and by then I should be ahead of the curve. I am not near retirement anyway so I will just keep on working. Toll Brothers and the other big home builders say they don't see an end in sight yet. Construction is still cranking, and if it slows up, all Trump needs to do is dump a bunch of money in infrastructure projects (which he hasn't done yet) and fire it back up.
-
The balloon has to pop at some point.
Oh yeah.
-
people have made millions and lost millions trying to predict when a bubble will bust. Yes, it will, when is the question. I remember not too long ago when stocks fell to 15K. My coworkers or some of them panicked. This is it... get out get out. I did what some smart investors have always said. "When everyone one runs, get in" and here were are pushing 26K. I don't know what will happen tomorrow but I do know that the DOW is a pretty good bet at the moment.
-
The balloon has to pop at some point.
No one knows when but we're getting closer.
Keep some dry powder available.
My advice is consider how you would feel if your stock portfolio dropped 50%.
If you are close to retirement would you still be ok financially or would you be in trouble?
If your answer is "in trouble" you have too much in stocks and better dial it back.
A 50% drop is well within the realm of possibility.
If you are right, I'm glad that the bulk of my income is from guaranteed annuities.
-
If you are right, I'm glad that the bulk of my income is from guaranteed annuities.
I don't think anybody will argue that the market will take a big hit sometime.
No one knows when.
It's like riding a hot streak in craps. Sooner or later the dice roll against you.
If you keep all your money riding eventually you lose it.
-
I don't think anybody will argue that the market will take a big hit sometime.
No one knows when.
It's like riding a hot streak in craps. Sooner or later the dice roll against you.
If you keep all your money riding eventually you lose it.
The market will always take a big hit at some point, but you can’t think that way. Otherwise you’ll never be in the market.
You just need to have an escape plan for when it does happen. Markets don’t crash in a day. When things start looking bad, you get out. Of course, you might be wrong and the market turns around and doesn’t crash but that’s the game. If you can’t handle this reality, don’t play.
-
The market will always take a big hit at some point, but you can’t think that way. Otherwise you’ll never be in the market.
You just need to have an escape plan for when it does happen. Markets don’t crash in a day. When things start looking bad, you get out. Of course, you might be wrong and the market turns around and doesn’t crash but that’s the game. If you can’t handle this reality, don’t play.
I respectfully disagree. Market timing never works. Nobody can accurately predict the market, and those who claim to be able to and get it right (luck) also get it wrong just as many times if not more.
Instead invest in low cost, broad market index funds, with the bulk of it in an S&P 500 Index fund or a whole US market index fund. Keep putting money into the fund bi-weekly or monthly, no matter what the market does. If you do this long term, 10 to 30 years, you can't lose...unless you really need all of that money right as the market is losing 20% to 80%.
-
I respectfully disagree. Market timing never works. Nobody can accurately predict the market, and those who claim to be able to and get it right (luck) also get it wrong just as many times if not more.
Instead invest in low cost, broad market index funds, with the bulk of it in an S&P 500 Index fund or a whole US market index fund. Keep putting money into the fund bi-weekly or monthly, no matter what the market does. If you do this long term, 10 to 30 years, you can't lose...unless you really need all of that money right as the market is losing 20% to 80%.
It’s not about timing the market. It’s about crash insurance. The get out point is arbitrary. It has nothing to do with any sort of forecasting.
The market went down 90% in the 1920s. There’s been 2 50% drops in the last 20 years. There’s no guarantee that it won’t happen again. I know people who had to delay their retirement because of those crashes.
-
It’s not about timing the market. It’s about crash insurance. The get out point is arbitrary. It has nothing to do with any sort of forecasting.
The market went down 90% in the 1920s. There’s been 2 50% drops in the last 20 years. There’s no guarantee that it won’t happen again. I know people who had to delay their retirement because of those crashes.
I'm one of those who believe NEVER get out, and stay the course. Many "common folk" saw their market investments drop drastically in the most recent recession. But those who stayed the course, continued to buy stocks via broad, low cost index funds no matter what, became millionaires just a few years later when the market recovered, and are still today adding to their wealth.
Yes, some of those had to delay retirement, but it paid off many times over for them.
Those who got out, then got back in later missed out on an opportunity that comes only once in a life time for many.
-
I'm one of those who believe NEVER get out, and stay the course. Many "common folk" saw their market investments drop drastically in the most recent recession. But those who stayed the course, continued to buy stocks via broad, low cost index funds no matter what, became millionaires just a few years later when the market recovered, and are still today adding to their wealth.
Yes, some of those had to delay retirement, but it paid off many times over for them.
Those who got out, then got back in later missed out on an opportunity that comes only once in a life time for many.
At the end of the day there’s no perfect strategy. They all have drawbacks. The drawback of the one I recommend is that you can get whipsawed. The problem with yours is that if the market crashes you crash with it.
-
At the end of the day there’s no perfect strategy. They all have drawbacks. The drawback of the one I recommend is that you can get whipsawed. The problem with yours is that if the market crashes you crash with it.
Yeah, I suppose the strategy I speak of, in many people's opinion, is the best possible strategy for the average professional. And of course, even if this is indeed the best possible strategy for the average professional, there are no guarantees.
Like you said, some unfortunate guy in his late 50s who is getting ready to retire with a million dollars in his account and some debilitating illness forcing him to retire could see his million drop to 500K or 250K overnight. For that one person, in this one case, that would be tragic. For this person it's probably too late to benefit from a market recovery.
One way for a market investor to prepare for this, again no guarantees, is to invest one third or more in bonds. That's specially true for older investors.
-
I don't think anybody will argue that the market will take a big hit sometime.
No one knows when.
It's like riding a hot streak in craps. Sooner or later the dice roll against you.
If you keep all your money riding eventually you lose it.
Craps was my step-dad's game. After months of him rolling the dice at home, we'd head to Vegas. A few hours later, he was crapped and tapped out of a couple thousand dollars and ready to head home. :'(
-
The Dow just busted out of its longest stint in correction territory in nearly 60 years
The Dow Jones Industrial Average on Monday catapulted out correction territory for the first time in more than six months, ending its longest period in that phase since a 223-session run in 1961, according to Dow Jones Market Data.
Monday’s broad-market rally was underpinned by signs of progress toward resolving nettlesome trade disputes that have whipsawed markets. Specifically, President Donald Trump said the U.S. has reached an agreement with Mexico to enter into a new trade deal, calling it the U.S.-Mexico trade pact.
https://www.marketwatch.com/story/dow-on-verge-of-busting-out-of-its-longest-stint-in-correction-territory-in-nearly-60-years-2018-08-27?siteid=yhoof2&yptr=yahoo
S&P 500, Nasdaq jump to record highs as US and Mexico strike trade deal
https://www.cnbc.com/2018/08/27/us-stocks-to-open-higher-after-powell-signals-further-rate-hikes.html
-
Thanks Obama ::)
-
I'm no genius but I try not to make the same mistakes twice.
John Bogle, founder of Vanguard, one of the most respected investment managers in history, recommends an asset allocation to equities of 100 minus your age. Simple. Some more aggressive use 110-age for stocks.
Bogle recommends broad market index funds for most investors.
For someone age 60...
Stocks 100-60 = 40%
Bonds/cash = 60%
In addition keep an emergency fund of cash available.
Don't be lulled into over-confidence and get caught with your pants down.
-
I'm no genius but I try not to make the same mistakes twice.
John Bogle, founder of Vanguard, one of the most respected investment managers in history, recommends an asset allocation to equities of 100 minus your age. Simple. Some more aggressive use 110-age for stocks.
Bogle recommends broad market index funds for most investors.
For someone age 60...
Stocks 100-60 = 40%
Bonds/cash = 60%
In addition keep an emergency fund of cash available.
Don't be lulled into over-confidence and get caught with your pants down.
Solid advice.
-
Solid advice.
For morons like us it is a good plan.
No offense intended.
-
For morons like us it is a good plan.
No offense intended.
Actually, this is great advice for professionals (surgeons, IT, engineers, nurses, teachers, etc.) and business owners, who have neither the time nor the desire to bother with how/when/where to invest in the stock market and protect hard earned money from inflation, taxes, and high investing fees. Just set it and forget it, have peace of mind and sleep better at night.
-
Actually, this is great advice for professionals (surgeons, IT, engineers, nurses, teachers, etc.) and business owners, who have neither the time nor the desire to bother with how/when/where to invest in the stock market and protect hard earned money from inflation, taxes, and high investing fees. Just set it and forget it, have peace of mind and sleep better at night.
Good points all.
-
Down, down down.....more to come.
Enjoy!
-NT
(http://s3.amazonaws.com/cdn.higherthings.org/imgs/uploads/myht/life_issues/sky-is-falling.jpg)
Dow jumps more than 250 points after the US and Canada secure a deal to replace NAFTA
https://www.cnbc.com/2018/10/01/us-markets-us-and-canada-trade-deal-economic-data-eyed.html
-
The smart play is to allocate your portfolio properly between "safe" assets (bonds/cash/cash equivalents) and equities (stocks).
Don't be all stocks. Don't be all bonds/cash.
It's not complicated.
The experts want to convince you it's complicated. That's the game. They want control of your money.
See my post above about John Bogle and his recommendation about asset allocation. Very simple.
-
(http://s3.amazonaws.com/cdn.higherthings.org/imgs/uploads/myht/life_issues/sky-is-falling.jpg)
Dow jumps more than 250 points after the US and Canada secure a deal to replace NAFTA
https://www.cnbc.com/2018/10/01/us-markets-us-and-canada-trade-deal-economic-data-eyed.html
Hahaha! ;D
-
It’s STILL 2018..... correct?
Enjoy the show.
-NT
-
It’s STILL 2018..... correct?
Enjoy the show.
-NT
::)
-
Margin calls/leveraged positions are unwinding.
Enjoy the show.
-NT
-
I'll make a prediction that within the next year a plane will crash. I'm pretty smart.
-
It’s STILL 2018..... correct?
Enjoy the show.
-NT
Crawls out from under his rock 4 months later.
-
Crawls out from under his rock 4 months later.
Will disappear when the market rises. He’s like a weatherman predicting it will rain at some undisclosed date in 2018.
-
I hope it fucking rises soon. This is my worst year since The Big O got us out of the recession.
-
"Here's Why the Stock Market Is Dropping — and What You Should Do About It Now
On Thursday, the Dow dropped 546 points. Following an even more tumultuous Wednesday, the index has now plunged nearly 1,380 points in just two days. The stock market, which seemed to be humming along with the rest of the U.S. economy, may look wobbly."
http://time.com/money/5421793/stock-market-crash-dow-investment-advice/
-
"Here's Why the Stock Market Is Dropping — and What You Should Do About It Now
On Thursday, the Dow dropped 546 points. Following an even more tumultuous Wednesday, the index has now plunged nearly 1,380 points in just two days. The stock market, which seemed to be humming along with the rest of the U.S. economy, may look wobbly."
http://time.com/money/5421793/stock-market-crash-dow-investment-advice/
Great article, which reiterates what I and others here have been saying all along. Still though, I wonder why you chose to quote that one paragraph, out of context, making it seem like this it's all negative. Why didn't you also quote these paragraphs?
"While 1,300 points sounds like a lot, the Dow Jones Industrial Average began Wednesday at more than 26,400. So the decline ultimately represented a loss of just over 5%. In other words, the stock market is back where it was in roughly mid-July."
"If you are a broadly diversified buy-and-hold investor — as you should be — your U.S. stock holdings are still likely up slightly on the year."
"The correct reaction to a one-day market move is, of course, to do nothing at all."
"After all, it was only in February when the Dow plunged 1,175 points in a single day — the biggest point drop in history. Soon after that, the stock market quickly recovered and went on to new record highs."
"What’s more, while traders partly attribute the latest Dow drop to rising interest rates, that should be good news in the long run. Don’t forget: The Federal Reserve is acting because the economy is so strong it’s in danger of overheating. In other words, all this could well turn out to be another blip."
"you should be aware that sooner or later stocks will face a major sell-off. The current bull market — now nine years old — is the oldest in history. "
-
Just wait till it drops 20-50%. That is the big one.
Like being in the middle of the ocean on a boat with a hole in it with no radio. You are going down, baby.
A decline like this won't happen all in one day most likely but steadily over several weeks to a month.
Like a balloon losing air.
People who were all in stocks will be crying about how unfair life is and how evil Wall Street is.
Same shat all over again. It's cyclical.
-
Beware.
2018?
Enjoy the show!
-NT
-
2018?
Enjoy the show!
-NT
(http://s3.amazonaws.com/cdn.higherthings.org/imgs/uploads/myht/life_issues/sky-is-falling.jpg)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
(https://i2.wp.com/fattailedandhappy.com/wp-content/uploads/2018/10/totalreturns.jpg?w=630&ssl=1)
-
Great article, which reiterates what I and others here have been saying all along. Still though, I wonder why you chose to quote that one paragraph, out of context, making it seem like this it's all negative. Why didn't you also quote these paragraphs?
"While 1,300 points sounds like a lot, the Dow Jones Industrial Average began Wednesday at more than 26,400. So the decline ultimately represented a loss of just over 5%. In other words, the stock market is back where it was in roughly mid-July."
"If you are a broadly diversified buy-and-hold investor — as you should be — your U.S. stock holdings are still likely up slightly on the year."
"The correct reaction to a one-day market move is, of course, to do nothing at all."
"After all, it was only in February when the Dow plunged 1,175 points in a single day — the biggest point drop in history. Soon after that, the stock market quickly recovered and went on to new record highs."
"What’s more, while traders partly attribute the latest Dow drop to rising interest rates, that should be good news in the long run. Don’t forget: The Federal Reserve is acting because the economy is so strong it’s in danger of overheating. In other words, all this could well turn out to be another blip."
"you should be aware that sooner or later stocks will face a major sell-off. The current bull market — now nine years old — is the oldest in history. "
What I chose to post not as calculated as you might think. I try to remember to include links in my posts so that anyone interested in more can follow them. Also, I am not a gambler and ever since my banker talked me into moving money in a CD to higher yield investments, I've been on edge about it.
-
Last week I got an annual report from my investment manager. My conservative and less conservative mix of investments earned 1.5%. Whoopee!!! Tell me, how can I get on the Trump gravy train?
Fire your investment manager immediately. He's a hardened criminal who is raping you. Then again, you might like that. I don't know. I'm not judging.
A portfolio with a mixture of low cost, broad, whole US stock, whole international stock, and whole US bond(gov & corp, short, mid, and long term) index funds should be returning at least 6% right now. And this is somewhat conservative.
A young or middle age person investing all into a single low cost, whole(small, mid, and large cap) US stock market index fund should be seeing returns of 11% to 13% right now.
-
What I chose to post not as calculated as you might think. I try to remember to include links in my posts so that anyone interested in more can follow them. Also, I am not a gambler and ever since my banker talked me into moving money in a CD to higher yield investments, I've been on edge about it.
https://www.bogleheads.org/wiki/Main_Page
-
https://www.bogleheads.org/wiki/Main_Page
Great financial information resource!
-
https://www.bogleheads.org/wiki/Main_Page
Thanks for the link. The fellow in the picture makes me look like a teenager. ;D
-
Did it crash yet ???
-
Famous crashes...
(https://media1.britannica.com/eb-media/03/190903-004-9D7682DD.jpg)
(http://1.bp.blogspot.com/-egkeOdV_aQw/UMFlH5u9NTI/AAAAAAAAYnY/PyldA5uJi1I/s1600/Titanic+4.jpg)
(http://s3.amazonaws.com/media.wbur.org/wordpress/11/files/2013/07/0708_plane-crash.jpg)
(https://www.autoguide.com/auto-news/wp-content/uploads/2012/04/Lauda-4-646x3791.jpg)
(https://cdn2-thevladarcompany.netdna-ssl.com/wp-content/uploads/2015/07/Ronnie-Coleman-Surgery.png)
-
Thanks for the link. The fellow in the picture makes me look like a teenager. ;D
John Clifton "Jack" Bogle (born May 8, 1929) is an American investor, business magnate, and philanthropist. He is the founder and retired chief executive of The Vanguard Group.
https://en.wikipedia.org/wiki/John_C._Bogle
Founder and former chairman John C. Bogle is credited with the creation of the first index fund available to individual investors and has been a proponent of and a major enabler of low-cost investing by individuals. Vanguard is structured as a mutual company; it is owned by funds managed by the company, and is therefore owned by its customers.
https://en.wikipedia.org/wiki/The_Vanguard_Group
Bogle's innovative idea was creating the world's first index mutual fund in 1975. Bogle's idea was that instead of beating the index and charging high costs, the index fund would mimic the index performance over the long run—thus achieving higher returns with lower costs than the costs associated with actively managed funds.
https://en.wikipedia.org/wiki/John_C._Bogle#Investment_philosophy
In 1976, influenced by the works of Paul Samuelson, Bogle founded First Index Investment Trust (a precursor to the Vanguard 500 Index Fund) as the first index mutual fund available to the general public. In a 2005 speech, Samuelson ranked "this Bogle invention along with the invention of the wheel, the alphabet, Gutenberg printing"
https://en.wikipedia.org/wiki/John_C._Bogle#Investment_career
During his high-earning years at Vanguard he regularly gave half his salary to charity, including Blair Academy and Princeton.
https://en.wikipedia.org/wiki/John_C._Bogle#Wealth_and_philanthropy
________________________ ________________________ ________________________ _________________
Warren Buffett Just Won a $1 Million Bet
December 30, 2017
In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet.
Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%.
http://fortune.com/2017/12/30/warren-buffett-million-dollar-bet/
-
Margin calls/leveraged positions are unwinding.
Enjoy the show!
-NT
Bloodbath.
Enjoy the show!
-NT
-
What I chose to post not as calculated as you might think. I try to remember to include links in my posts so that anyone interested in more can follow them. Also, I am not a gambler and ever since my banker talked me into moving money in a CD to higher yield investments, I've been on edge about it.
Did you ladder them?
https://www.bankrate.com/calculators/cd/cd-ladder-calculator.aspx
-
Bloodbath!!!!
Enjoy the show!
-NT
-
Famous crashes...
(https://media1.britannica.com/eb-media/03/190903-004-9D7682DD.jpg)
(http://1.bp.blogspot.com/-egkeOdV_aQw/UMFlH5u9NTI/AAAAAAAAYnY/PyldA5uJi1I/s1600/Titanic+4.jpg)
(http://s3.amazonaws.com/media.wbur.org/wordpress/11/files/2013/07/0708_plane-crash.jpg)
(https://www.autoguide.com/auto-news/wp-content/uploads/2012/04/Lauda-4-646x3791.jpg)
(https://cdn2-thevladarcompany.netdna-ssl.com/wp-content/uploads/2015/07/Ronnie-Coleman-Surgery.png)
Bloodbath!
Enjoy the show!
-NT
-
Margin calls/leveraged positions are unwinding.
Enjoy the show.
-NT
Current position: SHORT all indexes.
Enjoy the show!
-NT
-
Margin calls/leveraged positions are unwinding.
Enjoy the show.
-NT
Another great day on Wall Street! $$$$$$$
Enjoy the show!
-NT
-
Another great day on Wall Street! $$$$$$$
Enjoy the show!
-NT
(http://s3.amazonaws.com/cdn.higherthings.org/imgs/uploads/myht/life_issues/sky-is-falling.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
Dow DOWN -2,300 points in October.
Enjoy the show! 🤑🤑🤑🤑🤑
-NT
-
Stocks hammered again? 🤑
Enjoy the show!
-NT
-
Stocks hammered again? 🤑
Enjoy the show!
-NT
I am and not worried in the slightest.
-
Now is a good time to buy.
-
Stocks hammered again? 🤑
Enjoy the show!
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
Now is a good time to buy.
It's always a good time to buy. ;)
"Dollar-cost averaging (DCA) is an investment technique of buying a fixed dollar amount of a particular investment on a regular schedule, regardless of the share price. The investor purchases more shares when prices are low and fewer shares when prices are high."
https://www.investopedia.com/terms/d/dollarcostaveraging.asp
-
Now is a good time to buy.
Yep, now that we don't have our gym anymore, I've been doing a lot more investing in the markets and basically taking advantage of the volatility.
-
Yep, now that we don't have our gym anymore, I've been doing a lot more investing in the markets and basically taking advantage of the volatility.
As do most intelligent long-term investors.
I never understood critics who point to stock market dips as a bad thing.
A market dip isn't a good thing, its not a bad thing, it's just a thing - one that happens all the time.
Furthermore (and, I'm not directing this at you, Coach, because I'm sure you already know it), the factors that drive stocks down, typically drive the value of bonds UP. That's why a diversified investment portfolio is crucial.
So long as one's asset allocation is effectively divided by risk rather than the "50/50" strategy many folks erroneously use, then they should yield a decent return regardless of economic conditions.
There's a number of time-tested, proven formulas that have been published within the last 10 years that accomplish just that. The one I've been using was back-tested 40 years with good results.
-
move your money out of stocks and into cd's, cash, money markets ect.
preservation of capital is key. if you do nothing, kiss your money goodbye.
U.S. has 600,000 new millionaires
March 16, 2011: 1:37 PM ET
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
Billionaire George Soros reportedly lost nearly $1 billion during Trump rally
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
The sources told the Journal Soros was cautious about the market going into the election and became bearish after Trump won.
Stocks and Treasury yields jumped in the wake of Trump's victory, amid the prospects of looser regulations in certain sectors, lower tax rates, and fiscal stimulus.
Soros' hedge fund, Soros Fund Management, manages about $30 billion for Soros and his family. Soros was a supporter oof Hillary Clinton's campaign.
http://finance.yahoo.com/news/billionaire-george-soros-reportedly-lost-134916493.html
Millennials bought leveraged gold ETFs after Trump was elected and got hammered: NYSE trader
Yahoo Finance Video • December 19, 2016
Bloomberg reports they piled into gold ETFs, some with leverage, after the election, expecting Trump to trigger a risk-selloff. The opposite occurred and gold has dropped nearly 15% from the election-night high.
http://finance.yahoo.com/video/millennials-bought-leveraged-gold-etfs-183454148.html
-
U.S. has 600,000 new millionaires
March 16, 2011: 1:37 PM ET
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
Billionaire George Soros reportedly lost nearly $1 billion during Trump rally
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
The sources told the Journal Soros was cautious about the market going into the election and became bearish after Trump won.
Stocks and Treasury yields jumped in the wake of Trump's victory, amid the prospects of looser regulations in certain sectors, lower tax rates, and fiscal stimulus.
Soros' hedge fund, Soros Fund Management, manages about $30 billion for Soros and his family. Soros was a supporter oof Hillary Clinton's campaign.
http://finance.yahoo.com/news/billionaire-george-soros-reportedly-lost-134916493.html
Millennials bought leveraged gold ETFs after Trump was elected and got hammered: NYSE trader
Yahoo Finance Video • December 19, 2016
Bloomberg reports they piled into gold ETFs, some with leverage, after the election, expecting Trump to trigger a risk-selloff. The opposite occurred and gold has dropped nearly 15% from the election-night high.
http://finance.yahoo.com/video/millennials-bought-leveraged-gold-etfs-183454148.html
"Millenials" are better than anything currently on TV.
-
"Millenials" are better than anything currently on TV.
LOL...true. Point is, market timing never goes well unless you get lucky, no different than gambling.
-
LOL...true. Point is, market timing never goes well unless you get lucky, no different than gambling.
Yes.
NOTHING the average investor does can control the market, but intelligence and good strategy can help you capitalize or weather it accordingly.
-
Yes.
NOTHING the average investor does can control the market, but intelligence and good strategy can help you capitalize or weather it accordingly.
More like NOBODY can predict the market. Even the autistic guy, the only person, who knew the housing market would crash and bet millions on it wasn't 100% sure and it took three to five years longer than he thought.
-
What happened to neurotoxin?
-
What happened to neurotoxin?
He shows up only when there are stock market loses, as if that validates all his failed predictions and failed financial advice.
Strong Reports From Facebook and GM Send US Stocks Climbing
Oct. 31, 2018, at 10:21 a.m.
https://www.usnews.com/news/business/articles/2018-10-31/asian-shares-climb-on-strong-us-earnings-boj-stands-pat
-
He shows up only when there are stock market loses, as if that validates all his failed predictions and failed financial advice.
Strong Reports From Facebook and GM Send US Stocks Climbing
Oct. 31, 2018, at 10:21 a.m.
https://www.usnews.com/news/business/articles/2018-10-31/asian-shares-climb-on-strong-us-earnings-boj-stands-pat
Those tariffs really screwed things up didn't they ::)
;)
-
Those tariffs really screwed things up didn't they ::)
;)
They sure did:
http://www.getbig.com/boards/index.php?topic=647039.msg9082408#msg9082408
-
He shows up only when there are stock market loses, as if that validates all his failed predictions and failed financial advice.
Strong Reports From Facebook and GM Send US Stocks Climbing
Oct. 31, 2018, at 10:21 a.m.
https://www.usnews.com/news/business/articles/2018-10-31/asian-shares-climb-on-strong-us-earnings-boj-stands-pat
Right before closing yesterday I bought 25 shares. Can't pass on lows like that. At the time of this post, it's up +4.33%
-
Right before closing yesterday I bought 25 shares. Can't pass on lows like that. At the time of this post, it's up +4.33%
Coach, if you are buying individual stocks, only when the market is down, or you are investing in actively managed mutual funds, you need to read and watch this. I used to do what you are doing now and thought I was doing pretty well, until I learned better the hard way.
Passive Investing: The Evidence the Fund Management Industry Would Prefer You Not to See
Warren Buffett, letter to Berkshire Hathaway shareholders, 1996
"Most investors, both institutional and individual, will find that the best way
to own common stocks is through an index fund that charges minimal fees."
http://www.berkshirehathaway.com/letters/1996.html
Warren Buffett Just Won a $1 Million Bet
December 30, 2017
In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet.
Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%.
http://fortune.com/2017/12/30/warren-buffett-million-dollar-bet/
Warren Buffett’s 15-Minute Retirement Plan
If Warren Buffett weren't the world's best stock picker, how would he plan for retirement?
Luckily for the rest of us, he's answered this question before. In an annual letter to shareholders, Buffett laid out a retirement plan that would take just minutes to implement. This is the very two-pronged plan he outlined for governing the trust he's leaving behind for his wife:
My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's. (NASDAQMUTFUND:VFINX)) I believe the trust's long-term results from this policy will be superior to those attained by most investors -- whether pension funds, institutions, or individuals -- who employ high-fee managers.
Buffett suggests the Vanguard S&P 500 index as one of the best funds for investing in U.S. stocks. A good fund for short-term government bonds can be found under the same roof. The Vanguard Short-Term Government Bond Index Fund (NASDAQMUTFUND:VSBSX) should fit investors just fine for this purpose.
http://www.fool.com/investing/general/2016/01/06/warren-buffetts-15-minute-retirement-plan.aspx
Vanguard 500 Index Fund Admiral Shares (VFIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT
Vanguard Short-Term Government Bond Index Fund Admiral Shares (VSBSX)
https://personal.vanguard.com/us/funds/snapshot?FundId=1942&FundIntExt=INT
eBook: If You Can: How Millennials Can Get Rich Slowly
by William J Bernstein
$0.99
http://www.amazon.com/If-You-Can-Millennials-Slowly-ebook/dp/B00JCC5JKI/ref=sr_1_1?s=books&ie=UTF8&qid=1408805650&sr=1-1&keywords=if+you+can
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0585&FundIntExt=INT
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0584&FundIntExt=INT
Vanguard Total International Stock Index Fund Admiral Shares (VTIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=620698.0;attach=709936;image)
-
What happened to neurotoxin?
Mons Venus only posts when the market drops.
-
Mons Venus only posts when the market drops.
;D
-
Coach, if you are buying individual stocks, only when the market is down, or you are investing in actively managed mutual funds, you need to read and watch this. I used to do what you are doing now and thought I was doing pretty well, until I learned better the hard way.
Passive Investing: The Evidence the Fund Management Industry Would Prefer You Not to See
Warren Buffett, letter to Berkshire Hathaway shareholders, 1996
"Most investors, both institutional and individual, will find that the best way
to own common stocks is through an index fund that charges minimal fees."
http://www.berkshirehathaway.com/letters/1996.html
Warren Buffett Just Won a $1 Million Bet
December 30, 2017
In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet.
Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%.
http://fortune.com/2017/12/30/warren-buffett-million-dollar-bet/
Warren Buffett’s 15-Minute Retirement Plan
If Warren Buffett weren't the world's best stock picker, how would he plan for retirement?
Luckily for the rest of us, he's answered this question before. In an annual letter to shareholders, Buffett laid out a retirement plan that would take just minutes to implement. This is the very two-pronged plan he outlined for governing the trust he's leaving behind for his wife:
My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's. (NASDAQMUTFUND:VFINX)) I believe the trust's long-term results from this policy will be superior to those attained by most investors -- whether pension funds, institutions, or individuals -- who employ high-fee managers.
Buffett suggests the Vanguard S&P 500 index as one of the best funds for investing in U.S. stocks. A good fund for short-term government bonds can be found under the same roof. The Vanguard Short-Term Government Bond Index Fund (NASDAQMUTFUND:VSBSX) should fit investors just fine for this purpose.
http://www.fool.com/investing/general/2016/01/06/warren-buffetts-15-minute-retirement-plan.aspx
Vanguard 500 Index Fund Admiral Shares (VFIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT
Vanguard Short-Term Government Bond Index Fund Admiral Shares (VSBSX)
https://personal.vanguard.com/us/funds/snapshot?FundId=1942&FundIntExt=INT
eBook: If You Can: How Millennials Can Get Rich Slowly
by William J Bernstein
$0.99
http://www.amazon.com/If-You-Can-Millennials-Slowly-ebook/dp/B00JCC5JKI/ref=sr_1_1?s=books&ie=UTF8&qid=1408805650&sr=1-1&keywords=if+you+can
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0585&FundIntExt=INT
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0584&FundIntExt=INT
Vanguard Total International Stock Index Fund Admiral Shares (VTIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=620698.0;attach=709936;image)
These are great finds!!! Thanks
-
These are great finds!!! Thanks
You are welcome, and may God smite thee with the curse of immense wealth, and may thee never recover! :)
-
You are welcome, and may God smite thee with the curse of immense wealth, and may thee never recover! :)
Need to get the flock outta CA.
-
Coach, if you are buying individual stocks, only when the market is down, or you are investing in actively managed mutual funds, you need to read and watch this. I used to do what you are doing now and thought I was doing pretty well, until I learned better the hard way.
Passive Investing: The Evidence the Fund Management Industry Would Prefer You Not to See
Warren Buffett, letter to Berkshire Hathaway shareholders, 1996
"Most investors, both institutional and individual, will find that the best way
to own common stocks is through an index fund that charges minimal fees."
http://www.berkshirehathaway.com/letters/1996.html
Warren Buffett Just Won a $1 Million Bet
December 30, 2017
In 2007, Warren Buffett bet a million dollars that an index fund would outperform a collection of hedge funds over the course of 10 years. This week he won that bet.
Over the course of the bet the S&P 500 index fund returned 7.1% compounded annually, significantly more than the basket of funds selected by an asset manager at Protégé Partners. That basket only returned an average of 2.2%.
http://fortune.com/2017/12/30/warren-buffett-million-dollar-bet/
Warren Buffett’s 15-Minute Retirement Plan
If Warren Buffett weren't the world's best stock picker, how would he plan for retirement?
Luckily for the rest of us, he's answered this question before. In an annual letter to shareholders, Buffett laid out a retirement plan that would take just minutes to implement. This is the very two-pronged plan he outlined for governing the trust he's leaving behind for his wife:
My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's. (NASDAQMUTFUND:VFINX)) I believe the trust's long-term results from this policy will be superior to those attained by most investors -- whether pension funds, institutions, or individuals -- who employ high-fee managers.
Buffett suggests the Vanguard S&P 500 index as one of the best funds for investing in U.S. stocks. A good fund for short-term government bonds can be found under the same roof. The Vanguard Short-Term Government Bond Index Fund (NASDAQMUTFUND:VSBSX) should fit investors just fine for this purpose.
http://www.fool.com/investing/general/2016/01/06/warren-buffetts-15-minute-retirement-plan.aspx
Vanguard 500 Index Fund Admiral Shares (VFIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0540&FundIntExt=INT
Vanguard Short-Term Government Bond Index Fund Admiral Shares (VSBSX)
https://personal.vanguard.com/us/funds/snapshot?FundId=1942&FundIntExt=INT
eBook: If You Can: How Millennials Can Get Rich Slowly
by William J Bernstein
$0.99
http://www.amazon.com/If-You-Can-Millennials-Slowly-ebook/dp/B00JCC5JKI/ref=sr_1_1?s=books&ie=UTF8&qid=1408805650&sr=1-1&keywords=if+you+can
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0585&FundIntExt=INT
Vanguard Total Bond Market Index Fund Admiral Shares (VBTLX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0584&FundIntExt=INT
Vanguard Total International Stock Index Fund Admiral Shares (VTIAX)
https://personal.vanguard.com/us/funds/snapshot?FundId=0569&FundIntExt=INT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=620698.0;attach=709936;image)
Loco, you consistently post quality content, and this post is no exception!
That video was very insightful.
I've read of Buffett's pro-stance on index funds twice before, and am considering expanding my portfolio in that direction even more, given the way the market has been lately. The only reason I've put it off is because I was averaging over 14% for so long since the 2016 election. (And, I'm not crediting Trump for that. It's merely a reference point.)
Lately, that percentage has dropped enough (10.5%) that I'm now considering tweaking my strategy some - especially given the direction of things analysts like Dalio are predicting.
-
Loco, you consistently post quality content, and this post is no exception!
That video was very insightful.
I've read of Buffett's pro-stance on index funds twice before, and am considering expanding my portfolio in that direction even more, given the way the market has been lately. The only reason I've put it off is because I was averaging over 14% for so long since the 2016 election. (And, I'm not crediting Trump for that. It's merely a reference point.)
Lately, that percentage has dropped enough (10.5%) that I'm now considering tweaking my strategy some - especially given the direction of things analysts like Dalio are predicting.
Grab yourself the age-old classic The Intelligent Investor, move into an index, cheaper than in Graham's time.
Prescribe to Taleb's idea of barbell investing: 85-90% in rock sold index funds. The rest in stupid high-risk speculatives...because you never know. Think of bitcoin when it was 5c a coin.
-
Loco, you consistently post quality content, and this post is no exception!
That video was very insightful.
I've read of Buffett's pro-stance on index funds twice before, and am considering expanding my portfolio in that direction even more, given the way the market has been lately. The only reason I've put it off is because I was averaging over 14% for so long since the 2016 election. (And, I'm not crediting Trump for that. It's merely a reference point.)
Lately, that percentage has dropped enough (10.5%) that I'm now considering tweaking my strategy some - especially given the direction of things analysts like Dalio are predicting.
Bogle: "Nobody knows nuttin'."
-
Grab yourself the age-old classic The Intelligent Investor, move into an index, cheaper than in Graham's time.
Prescribe to Taleb's idea of barbell investing: 85-90% in rock sold index funds. The rest in stupid high-risk speculatives...because you never know. Think of bitcoin when it was 5c a coin.
Thanks for the recommendation!
I like your formula above. The best-performing portfolios out there are divided by risk/volatility. The returns usually aren't dramatic, but they "can" be sometimes (as you mentioned above). Most importantly, they're steady, often decent, and NEVER DEVASTATING to the point you lose your ass.
I know a couple who - at the time of the 2008 crash - had most of their money invested in Vanguard's Wellington fund, which is a low-risk, well-diversified, and historically decent-performing fund. They didn't earn any money from it during that time, but they also didn't lose anything, either. Considering the deleterious effects of that crash, breaking even was pretty good for a couple of "average" investors.
-
Market-based Index funds will also lose money during a crash.
Th advantages of these funds are (if you pick the right ones) low expenses, low turnover (minimal capital gains income), and they closely track the market index (you get the return of the index minus minimal expenses).
You still need to use asset allocation (dividing your funds between for example bonds, cash and equity index funds).
For example if you are 40 years old:
60-70% Stock market index fund
30-40% Bond index fund
In addition you should have some cash readily available for liquidity. Say 6-12 months living expenses.
-
Market-based Index funds will also lose money during a crash.
Th advantages of these funds are (if you pick the right ones) low expenses, low turnover (minimal capital gains income), and they closely track the market index (you get the return of the index minus minimal expenses).
You still need to use asset allocation (dividing your funds between for example bonds, cash and equity index funds).
For example if you are 40 years old:
60-70% Stock market index fund
30-40% Bond index fund
In addition you should have some cash readily available for liquidity. Say 6-12 months living expenses.
Eggxactly!
(http://www.edmundsondesign.com/wp-content/uploads/2016/11/Eggs-in-One-Basket.jpg)
-
Bogle: "Nobody knows nuttin'."
Eggxactly!
-
Loco, you consistently post quality content, and this post is no exception!
That video was very insightful.
I've read of Buffett's pro-stance on index funds twice before, and am considering expanding my portfolio in that direction even more, given the way the market has been lately. The only reason I've put it off is because I was averaging over 14% for so long since the 2016 election. (And, I'm not crediting Trump for that. It's merely a reference point.)
Lately, that percentage has dropped enough (10.5%) that I'm now considering tweaking my strategy some - especially given the direction of things analysts like Dalio are predicting.
Thanks, Montague!
Because "Nobody knows nuttin"...nobody knows what the market will do or when it will do it, and because nobody knows which US stocks will do well and which will do poorly, buy them ALL on a regular basis by investing in a US TOTAL stock market index fund. The same goes for international stocks and US bonds.
-
Market-based Index funds will also lose money during a crash.
Th advantages of these funds are (if you pick the right ones) low expenses, low turnover (minimal capital gains income), and they closely track the market index (you get the return of the index minus minimal expenses).
You still need to use asset allocation (dividing your funds between for example bonds, cash and equity index funds).
For example if you are 40 years old:
60-70% Stock market index fund
30-40% Bond index fund
In addition you should have some cash readily available for liquidity. Say 6-12 months living expenses.
Agree with this. You can still lose in a meltdown but not as bad. You can also still win with standout companies that break through in an index without being a direct investor.
-
Agree with this. You can still lose in a meltdown but not as bad. You can also still win with standout companies that break through in an index without being a direct investor.
Correct! With broad, low cost index funds you won't lose as bad, and might actually come ahead, simply because of their very low fees and because they're very well diversified.
Actively managed funds on the other hand always charge high fees, on top of your losses, and most of them are very poorly diversified. And if they get lucky and do well or break even, the high fees negate all that and you still lose, while the fund managers always win because they get to keep your money no matter what.
-
Dow surges 500 points after midterms, Trump signals bipartisan cooperation
U.S. stocks rose broadly on Wednesday after the midterm election results came in about as expected, lifting a cloud of uncertainty that was weighing on the market.
The major averages hit their session highs after President Donald Trump indicated he is willing to work with Democrats on policy initiatives that would help the economy keep growing.
The Dow Jones Industrial Average rose 501 points, led by gains in UnitedHealth and Microsoft. The S&P 500 gained 1.9 percent as the health care, tech and consumer discretionary sectors all rallied more than 2.5 percent. The Nasdaq Composite rose 2.4 percent.
https://www.cnbc.com/2018/11/06/stock-futures-open-flat-as-investors-await-midterm-elections-results.html
(http://www.mcintyreinthemorning.com/wp-content/uploads/2016/11/STOCKS-UP-TRUMP.jpg?w=640)
-
Stocks are DOOMED w/ Fed raising rates.
Tech stocks most vulnerable.
Currentl position: Short ALL indexes.
Enjoy the show!
-NT
-
Stocks are DOOMED w/ Fed raising rates.
Tech stocks most vulnerable.
Currentl position: Short ALL indexes.
Enjoy the show!
-NT
If you're honestly not a gimmick or troll, I'm willing to bet you don't even invest.
In fact, I hope you DON'T.
You're better off hiding your money under a mattress.
Regardless, I hope you see some decent gains somehow.
-
Stocks are DOOMED w/ Fed raising rates.
Tech stocks most vulnerable.
Currentl position: Short ALL indexes.
Enjoy the show!
-NT
All Trumps fault right?
-
Stocks are DOOMED w/ Fed raising rates.
Tech stocks most vulnerable.
Currentl position: Short ALL indexes.
Enjoy the show!
-NT
lol
-
Stocks are DOOMED w/ Fed raising rates.
Tech stocks most vulnerable.
Currentl position: Short ALL indexes.
Enjoy the show!
-NT
Mons Venus posting? The market must have had a down day. I tell you this dude is a prophet . . . .
-
Mons Venus posting? The market must have had a down day. I tell you this dude is a prophet . . . .
Oh, shit...
Is that really who NT is?
I remember Mons. Was he banned under his "MV" handle, or did he CHOOSE to no longer post from it - presumably from sheer humiliation and embarrassment?
-
All Trumps fault right?
No, not at all.
In fact, Hussein was given an 8 year gift of ZIRP from the Fed. Zero Interest Rate Policy triggered housing market surge & stock market levitation. Since Hussein had no economic policies, Fed policy allowed him to focus on 8 yrs of Identity Politics, as ZIRP worked it magic.
As soon as Trump took office, The Fed ended ZIRP. Coincidence?
Position: Short ALL indexes, heavy Tech stocks.
- NT
-
Oh, shit...
Is that really who NT is?
I remember Mons. Was he banned under his "MV" handle, or did he CHOOSE to no longer post from it - presumably from sheer humiliation and embarrassment?
Yes that's who it is. I'm not sure why he changed his name. Maybe it was all those 9/11 Troofer posts?
-
No, not at all.
In fact, Hussein was given an 8 year gift of ZIRP from the Fed. Zero Interest Rate Policy triggered housing market surge & stock market levitation. Since Hussein had no economic policies, Fed policy allowed him to focus on 8 yrs of Identity Politics, as ZIRP worked it magic.
As soon as Trump took office, The Fed ended ZIRP. Coincidence?
Position: Short ALL indexes, heavy Tech stocks.
- NT
Dow down - 400 points
Nasdaq down - 220
Enjoy the show!
-NT
-
Dow down - 400 points
Nasdaq down - 220
Enjoy the show!
-NT
What kind of show is it when the market increases? And how come you never post about the "show" when the market goes up?
-
What kind of show is it when the market increases? And how come you never post about the "show" when the market goes up?
;D
-
Dow down - 400 points
Nasdaq down - 220
Enjoy the show!
-NT
Points is meaningless.
Talk %.
The Dow is 25,000.
400 is 1.6%. Meaningless.
Tell me when it drops 20% (5,000 points).
-
40% of S&P stocks are DOWN over 20%, we’re just getting started!
Enjoy the show!
-NT
-
40% of S&P stocks are DOWN over 20%, we’re just getting started!
Enjoy the show!
-NT
Meaningless unless you own those stocks.
-
No, not at all.
In fact, Hussein was given an 8 year gift of ZIRP from the Fed. Zero Interest Rate Policy triggered housing market surge & stock market levitation. Since Hussein had no economic policies, Fed policy allowed him to focus on 8 yrs of Identity Politics, as ZIRP worked it magic.
As soon as Trump took office, The Fed ended ZIRP. Coincidence?
Position: Short ALL indexes, heavy Tech stocks.
- NT
Read and learn children.
Another GREAT money making day! 🤑🤑
Position: SHORT all Market indexes.
- NT
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
There's a comet heading towards Earth right now with your name on it.
Have that extra drink before it hits.
-
There's a comet heading towards Earth right now with your name on it.
Have that extra drink before it hits.
LOL..."Enjoy the show!"
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
lol ;D
-
Read and learn children.
Another GREAT money making day! 🤑🤑
Position: SHORT all Market indexes.
- NT
Tech stock is taking a shit, talks about getting Zuckerberg to step down. The only one panicking is you
-
Points is meaningless.
Talk %.
The Dow is 25,000.
400 is 1.6%. Meaningless.
Tell me when it drops 20% (5,000 points).
Now here is someone who knows what he's talking about. Along with El Profeta aka loco.
But regarding Mons Venus, does anyone on this board actually follow his advice when investing??
-
Now here is someone who knows what he's talking about. Along with El Profeta aka loco.
But regarding Mons Venus, does anyone on this board actually follow his advice when investing??
I've pulled all my money out and hidden it in socks under my bed.
-
I've pulled all my money out and hidden it in socks under my bed.
:D
-
I have a feeling this tanking of the markets is on purpose to make Trump look bad for 2020. Notice it's the liberal tech industries tied to Soro's and Obama.
-
I have a feeling this tanking of the markets is on purpose to make Trump look bad for 2020. Notice it's the liberal tech industries tied to Soro's and Obama.
I'd venture it has more to do with democrats taking control of house/being able to stymie growth. Uncertainty, etc. with that.
-
I have a feeling this tanking of the markets is on purpose to make Trump look bad for 2020. Notice it's the liberal tech industries tied to Soro's and Obama.
Getting nervous Coach?
More PAIN to come.
-NT
-
Getting nervous Coach?
More PAIN to come.
-NT
More PAIN, more GAIN:
(https://media.giphy.com/media/O3V2vu13eQKFW/giphy.gif)
U.S. has 600,000 new millionaires
March 16, 2011: 1:37 PM ET
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
-
Getting nervous Coach?
More PAIN to come.
-NT
Nope
-
I've pulled all my money out and hidden it in socks under my bed.
Coins in a sock can be a powerful weapon.
-
I have a feeling this tanking of the markets is on purpose to make Trump look bad for 2020. Notice it's the liberal tech industries tied to Soro's and Obama.
LOL, jesus man you are doing what you claim libs do, blaming obama for things years after he has left. Trumps tariffs and trade wars have not helped, it has cause market instability and FUD.
He is doign a poor job right now and why on earth would companies purposely tank their stock? it's turning into a bear market and trump isn't helping, hopefully the g20 helps if they reach a deal.
-
LOL, jesus man you are doing what you claim libs do, blaming obama for things years after he has left. Trumps tariffs and trade wars have not helped, it has cause market instability and FUD.
He is doign a poor job right now and why on earth would companies purposely tank their stock? it's turning into a bear market and trump isn't helping, hopefully the g20 helps if they reach a deal.
Whuuuoooaaat?? ??? Coach's real name is Jesus? Is he Puerto Rican or something? I thought he was white. Haven't we had this discussion before?
-
LOL, jesus man you are doing what you claim libs do, blaming obama for things years after he has left. Trumps tariffs and trade wars have not helped, it has cause market instability and FUD.
He is doign a poor job right now and why on earth would companies purposely tank their stock? it's turning into a bear market and trump isn't helping, hopefully the g20 helps if they reach a deal.
I don't think they are tanking on purpose...have faith that the AI algos will correct the distortions as the whole thing is rigged and the leeches can't kill the host.
Did you say Trump is doing a poor job with the economy? Hahaha.
-
I don't think they are tanking on purpose...have faith that the AI algos will correct the distortions as the whole thing is rigged and the leeches can't kill the host.
Did you say Trump is doing a poor job with the economy? Hahaha.
He was handed a pretty great economy dude, the stock market is taking a shit dive right now. It's not like the economy was in a bad spot when he took office, there is a clear downtrend. We shall see.
-
I don't think they are tanking on purpose...have faith that the AI algos will correct the distortions as the whole thing is rigged and the leeches can't kill the host.
Did you say Trump is doing a poor job with the economy? Hahaha.
Hahaaaa. 😂😂😂
Panic in the air!!!!
Position: SHORT all indexes & cleaning up. 🤑🤑
-NT
-
He was handed a pretty great economy dude, the stock market is taking a shit dive right now. It's not like the economy was in a bad spot when he took office, there is a clear downtrend. We shall see.
You’re a Getbig schmuck. Haha!!
MORE PAIN COMING.
Enjoy children.
-NT
-
Nope
You’re not nervous coach, you’re shitting in your pants!
Your money in my account feels great!!!!
ENJOY THE PAIN. 🤑🤑🤑🤑
- NT
-
You’re a Getbig schmuck. Haha!!
MORE PAIN COMING.
Enjoy children.
-NT
You realize you just responded to your own post and called yourself a schmuck?
-
You’re a Getbig schmuck. Haha!!
MORE PAIN COMING.
Enjoy children.
-NT
Pain for who? Not everyone is in the casino with you.
-
You’re not nervous coach, you’re shitting in your pants!
Your money in my account feels great!!!!
ENJOY THE PAIN. 🤑🤑🤑🤑
- NT
Nope, I'm good. Investment tip for ya. When you diversify, make sure a portion of that diversification is all in stocks. I'm having fun with it.
-
You realize you just responded to your own post and called yourself a schmuck?
At least now he's finally making some sense.
-
You’re a Getbig schmuck. Haha!!
MORE PAIN COMING.
Enjoy children.
-NT
Dude bear markets last an average of 10 months, no big deal. Opportunity to buy cheap stock.
As buffet said the stock market is a mechanism to transfer wealth from impatient to patient. If you hold you will be fine. You really shouldn't have money invested that you can't afford to lose anyway to avoid panic selling.
-
You realize you just responded to your own post and called yourself a schmuck?
I think you got Neurotoxin and Necrosis mixed up, I did the same for a minute. ;)
-
I've pulled all my money out and hidden it in socks under my bed.
Probably a safe spot. Most likely not much action happening there.
-
Probably a safe spot. Most likely not much action happening there.
I see what you did there.
-
I think you got Neurotoxin and Necrosis mixed up, I did the same for a minute. ;)
Oops. I sure did. Thanks for catching. My apologies to Necrosis.
-
Not looking good for Neurotoxin's prediction that there is a Dow crash coming to Your 401k in 2018.
U.S. stocks rocketed to their biggest gain in eight months
https://www.yahoo.com/finance/news/us-stocks-climb-technology-companies-152410906.html
-
Not looking good for Neurotoxin's prediction that there is a Dow crash coming to Your 401k in 2018.
U.S. stocks rocketed to their biggest gain in eight months
https://www.yahoo.com/finance/news/us-stocks-climb-technology-companies-152410906.html
No worries. Mons Venus will make an appearance the moment the market drops.
-
Not looking good for Neurotoxin's prediction that there is a Dow crash coming to Your 401k in 2018.
U.S. stocks rocketed to their biggest gain in eight months
https://www.yahoo.com/finance/news/us-stocks-climb-technology-companies-152410906.html
No, no, no!!! What am I going to do with my sock money??
-
Not looking good for Neurotoxin's prediction that there is a Dow crash coming to Your 401k in 2018.
Wait for it...wait for it...
(http://cdn.collider.com/wp-content/uploads/2016/05/independence-day-jeff-goldblum-will-smith.jpg)
-
Some possible weirdness in equities coming next week. Stock market to close Wed for G HW Bush - just happens to coincide with China trade talks...big boy stuff going on next week. Get your dramamine ready.
-
Media making a big hoopla about Trump/Xi.....ENJOY THE PAIN!!!
-
Not looking good for Neurotoxin's prediction that there is a Dow crash coming to Your 401k in 2018.
U.S. stocks rocketed to their biggest gain in eight months
https://www.yahoo.com/finance/news/us-stocks-climb-technology-companies-152410906.html
Global Markets Rally After Trump-Xi Cease-Fire Eases Trade Worries
Dec. 3, 2018 7:00 a.m. ET
https://www.wsj.com/articles/asian-stocks-rise-as-u-s-and-china-reach-a-trade-truce-1543794233
-
"It’s time to charge that extra $5,000 holiday gift because the year-end for stocks could be pretty sweet.
And you can thank President Trump and Chinese President Xi Jinping for the inevitable rip-roaring rally into 2019.""
https://www.yahoo.com/finance/news/trumps-g20-bromance-xi-means-one-thing-epic-santa-claus-rally-stocks-142002188.html
-
Dow DOWN -800 points.
More PAIN ahead.
-NT
-
Dow DOWN -800 points.
More PAIN ahead.
-NT
If the economy slows down, all that’s needed is for Trump to sign that infrastructure bill and get things rolling again. His Trump card, so to speak.
-
Dow DOWN -800 points.
More PAIN ahead.
-NT
Neurotoxin, your prediction that a Dow crash is coming to 401Ks in 2018 has 26 days left. It better hurry.
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
-
If the economy slows down, all that’s needed is for Trump to sign that infrastructure bill and get things rolling again. His Trump card, so to speak.
No worries. Mons Venus will make an appearance the moment the market drops.
-
No worries. Mons Venus will make an appearance the moment the market drops.
Dow DOWN -800 points.
More PAIN ahead.
-NT
Dos Equis, I shall now call you El Profeta. :D
-
If the economy slows down, all that’s needed is for Trump to sign that infrastructure bill and get things rolling again. His Trump card, so to speak.
No faith in that happening. Just liquidated my stock. Maybe the market will go up tomorrow when it goes through so I can gain back some of what I've lost. :( :( :(
-
If the economy slows down, all that’s needed is for Trump to sign that infrastructure bill and get things rolling again. His Trump card, so to speak.
No faith in that happening. Just liquidated my change sock. Bought gold and platinum bars.
-
No faith in that happening. Just liquidated my stock. Maybe the market will go up tomorrow when it goes through so I can gain back some of what I've lost. :( :( :(
Is this some kind of joke, or are you really this clueless about investing in the stock market?
-
If the economy slows down, all that’s needed is for Trump to sign that infrastructure bill and get things rolling again. His Trump card, so to speak.
He is going to put you into a recession. The markets are plummeting lol.
Futures hit a circuit breaker which is the first I have hear of that.
Dude is a certified moron.
-
He is going to put you into a recession. The markets are plummeting lol.
Futures hit a circuit breaker which is the first I have hear of that.
Dude is a certified moron.
Necrosis, aren't you a Canadian citizen living in Canada? Do you invest in US stocks? Do you like your Canadian president? Am I asking too many questions?
-
He is going to put you into a recession. The markets are plummeting lol.
Futures hit a circuit breaker which is the first I have hear of that.
Dude is a certified moron.
How many more years until this happens?
-
How many more years until this happens?
10
-
He is going to put you into a recession. The markets are plummeting lol.
Futures hit a circuit breaker which is the first I have hear of that.
Dude is a certified moron.
LOL..."circuit breakers" also called "trading curb" or "collars" was introduced in 1988, and first used in 1997.
-
Dow DOWN -800 points.
More PAIN ahead.
-NT
Blood in the streets.
All major technical levels breached.
More PAIN ahead.
-NT
-
Blood in the streets.
All major technical levels breached.
More PAIN ahead.
-NT
lol
-
Blood in the streets.
All major technical levels breached.
More PAIN ahead.
-NT
Still buying quality stocks every single week.
-
Is this some kind of a joke, or are you really this clueless about investing in the stock market?
You are right, I am clueless about this. Investing in the stock market has historically been good for folks in the long term. I'm 74. It is not unreasonable to view my investment as being short term. Additionally, I really don't need a big return as my income is adequate and secure. It also wouldn't noticeably improve my estate.
Gambling is not something I am comfortable with. I enjoy living a relatively stress free life. This investment was causing me stress. It was a mistake to let my banker talk me into it. I'm simply correcting my error.
-
How many more years until this happens?
A little over two until it starts. Average is 26.4 months before the recession starts once the 2 year note beats the 5.
-
You are right, I am clueless about this. Investing in the stock market has historically been good for folks in the long term. I'm 74. It is not unreasonable to view my investment as being short term. Additionally, I really don't need a big return as my income is adequate and secure. It also wouldn't noticeably improve my estate.
Gambling is not something I am comfortable with. I enjoy living a relatively stress free life. This investment was causing me stress. It was a mistake to let my banker talk me into it. I'm simply correcting my error.
I was in an unpleasant mood yesterday because what little faith I had in the stock market and my investment was fini. From the looks of it, today the DOW will close lower than Tuesday which means I'll lose even more before the liquidation goes through at today's closing. If we credit Trump for a good economy we can blame him when it's falling.
You seem way too stressed out and worried about the stock market for someone whose income is supposedly adequate and secure. Buying stocks when they're high, then selling them in a panic when they're low? That's a guaranteed loss. That's worse than gambling. At least gambling you have a very small chance you'll get lucky.
-
You are right, I am clueless about this. Investing in the stock market has historically been good for folks in the long term. I'm 74. It is not unreasonable to view my investment as being short term. Additionally, I really don't need a big return as my income is adequate and secure. It also wouldn't noticeably improve my estate.
Gambling is not something I am comfortable with. I enjoy living a relatively stress free life. This investment was causing me stress. It was a mistake to let my banker talk me into it. I'm simply correcting my error.
Here's a tip: Don't get investment advice from bankers.
-
Here's a tip: Don't get investment advice from bankers.
"Act as if every broker, insurance salesman, mutual fund salesperson, and financial advisor you encounter is a hardened criminal, and stick to low-cost index funds, and you'll do just fine." - William J. Bernstein
-
You seem way too stressed out and worried about the stock market for someone whose income is supposedly adequate and secure. Buying stocks when they're high, then selling them when they're low? That's a guaranteed loss. That's worse than gambling. At least gambling you have a very small chance you'll get lucky.
You're probably right in that it's not a good idea to stress over the little stuff, yet I do and that's the problem. Truth be told, the small amount of savings I invested in stocks not quite two years ago, doesn't mean a hill of beans compared to my total assets. If the entire investment went down the toilet, it would be less than a blip in my overall financial picture. After a lifetime of being financially cautious to the extreme, it was stupid of me to think I could cope with an investment that changes on a daily basis.
Trust me, it is not about my financial security, which is just as I said it was. The bulk of my income is from two guaranteed annuities for the rest of my life with a minimum 7.5% annual gain... more than enough to keep pace with cost of living increases. Much of the remainder is Social Security, which doesn't keep pace with cost of living. I also have a couple of tax sheltered annuities that continue to produce returns close to the amount the government requires me to withdraw each year. For unforeseen emergency expenses I have a couple of substantial savings accounts. Lastly, there is the considerable equity I have in my home. Worse comes to worse, I could get a job as a Walmart greater (do they still have them?). :)
I presume you are young and not yet retired. Your perspective should be different that mine, because you are in a period of your life when you should focus on ways to insure your retirement income will support you.
I never strived for great wealth. I've seen firsthand how little it means in the scope of things. If I had more money, I feel confident that I wouldn't be any happier because of it. In the 60's, my stepfather aspired to profit $1,000 a week from his business. He never got there and it seemed to me that he also never felt content with what he had, thus he felt like a failure. He grew up in abject poverty and to him having wealth was everything. Thanks, impart, to him, my childhood was one of abundance. And that can be a game changer.
Stupid though my recent decision might seem to others, it was the right one for me.
-
Dos Equis, I shall now call you El Profeta. :D
lol. No you earned that name Seńor. ;D
-
You're probably right in that it's not a good idea to stress over the little stuff, yet I do and that's the problem. Truth be told, the small amount of savings I invested in stocks not quite two years ago, doesn't mean a hill of beans compared to my total assets. If the entire investment went down the toilet, it would be less than a blip in my overall financial picture. After a lifetime of being financially cautious to the extreme, it was stupid of me to think I could cope with an investment that changes on a daily basis.
Trust me, it is not about my financial security, which is just as I said it was. The bulk of my income is from two guaranteed annuities for the rest of my life with a minimum 7.5% annual gain... more than enough to keep pace with cost of living increases. Much of the remainder is Social Security, which doesn't keep pace with cost of living. I also have a couple of tax sheltered annuities that continue to produce returns close to the amount the government requires me to withdraw each year. For unforeseen emergency expenses I have a couple of substantial savings accounts. Lastly, there is the considerable equity I have in my home. Worse comes to worse, I could get a job as a Walmart greater (do they still have them?). :)
I presume you are young and not yet retired. Your perspective should be different that mine, because you are in a period of your life when you should focus on ways to insure your retirement income will support you.
I never strived for great wealth. I've seen firsthand how little it means in the scope of things. If I had more money, I feel confident that I wouldn't be any happier because of it. In the 60's, my stepfather aspired to profit $1,000 a week from his business. He never got there and it seemed to me that he also never felt content with what he had, thus he felt like a failure. He grew up in abject poverty and to him having wealth was everything. Thanks, impart, to him, my childhood was one of abundance. And that can be a game changer.
Stupid though my recent decision might seem to others, it was the right one for me.
Ain't reading all that shiitte
(https://i.imgflip.com/1952h2.jpg)
-
I heard a bang outside, was that my 401k ???
-
Still buying quality stocks every single week.
Now's the time, my friend!!!
-
Now's the time, my friend!!!
It's always a good time to buy. Dollar-cost averaging
-
I heard a bang outside, was that my 401k ???
Dow DOWN -558 points
Nasdaq DOWN - 228 points
Current position: SHORT all indexes.
More PAIN ahead. 😰
-NT
-
lol
Keep laughing “gym rat”. 🐀
Soon you’ll be panicking.
- NT
-
Keep laughing “gym rat”. 🐀
Soon you’ll be panicking.
- NT
Nah...lol
-
Keep laughing “gym rat”. 🐀
Soon you’ll be panicking.
- NT
Bigger question....when they market crashes and SHTF, are you prepared? Cash won't be worth shit, gold and guns will rule the day once again. 8)
-
Bigger question....when they market crashes and SHTF, are you prepared? Cash won't be worth shit, gold and guns will rule the day once again. 8)
You're even more messed up than I thought.
-
You're even more messed up than I thought.
You think the government will protect you when those drug addicted, Antifa losers run out of bread and start climbing over the fence in your lily white neighborhood? :D
-
You think the government will protect you when those drug addicted, Antifa losers run out of bread and start climbing over the fence in your lily white neighborhood? :D
Yes. The West Linn police and private security are ever vigilant. :) Antifa will never get by the West Linn boundries.
-
Yes. The West Linn police and private security are ever vigilant. :) Antifa will never get by the West Linn boundries.
LMAO!!! ;D
https://news.unclesamsmisguidedchildren.com/portland-plans-drop-participation-jttf/?fbclid=IwAR2HECdPQA8uX0oQ9RlzJvdWV9WXWskSJOHYFq8u3g-VPVOXaDdPUaWchvA
-
Taking charge and making decisions about money is very stressful for some people.
It's easy to abdicate the responsibility of your money to a pseudo-professional advisor.
You feel better because you put the onus on that person to make your decisions for you. Oz knows all.
You don't have to think about it.
Some guy or woman who doesn't have a nickel and is in hock up to their azz will solicit you by mail or phone or be sitting behind a desk at your local financial institution. They will be glad to offer you their wisdom for a %.
Ask to see their personal portfolio to see how smart they are. Money talks, BS walks.
Seriously, ask to see their portfolio.
If they're so smart why are they working at Acme Federal Savings Bank?
How is some 26 year old kid at ABC Investments going to advise you on buying stocks?
40 years old? Even a better reason to ask them.
There may be some technical decisions they can help with but choosing investments, personal finance. etc?
A fool and his money are soon parted.
Take some time to educate yourself. It's well-worth it.
-
LMAO!!! ;D
https://news.unclesamsmisguidedchildren.com/portland-plans-drop-participation-jttf/?fbclid=IwAR2HECdPQA8uX0oQ9RlzJvdWV9WXWskSJOHYFq8u3g-VPVOXaDdPUaWchvA
Uncle Sam's Misguided Children. ::) Seriously?
Read this, https://www.oregonlive.com/portland/2018/12/portland-likely-to-withdraw-from-fbi-anti-terror-operation.html and this, https://www.opb.org/news/article/oregon-portland-terrorism-task-force-fbi-withdrawal-discussion/
-
Uncle Sam's Misguided Children. ::) Seriously?
Read this, https://www.oregonlive.com/portland/2018/12/portland-likely-to-withdraw-from-fbi-anti-terror-operation.html and this, https://www.opb.org/news/article/oregon-portland-terrorism-task-force-fbi-withdrawal-discussion/
How does the article/opinion piece I quoted differ from the two articles you just posted?
Hint: there is no difference. Portland is pulling out of JTTF, hope you like those Antifa terrorists jumping your lily white fence. :D
-
How does the article/opinion piece I quoted differ from the two articles you just posted?
Hint: there is no difference. Portland is pulling out of JTTF, hope you like those Antifa terrorists jumping your lily white fence. :D
You are right they do cover the same subject. I just thought you might was read about it from local perspectives. If you want to know about something going on in Portland, OR doesn't it make sense to read about it in the Oregonian or Oregon Public Broadcasting and not an Internet blog with an extreme bias: Extreme Right, Propaganda, Conspiracy
-
You are right they do cover the same subject. I just thought you might was read about it from local perspectives. If you want to know about something going on in Portland, OR doesn't it make sense to read about it in the Oregonian or Oregon Public Broadcasting and not an Internet blog with an extreme bias: Extreme Right, Propaganda, Conspiracy
Those places are only labeled that by the extreme, effeminate, castrated "men" on the left.
-
Those places are only labeled that by the extreme, effeminate, castrated "men" on the left.
Of course. ::) Who would have thought you would post anything different? A leopard never changes its spots.
-
Of course. ::) Who would have thought you would post anything different? A leopard never changes its spots.
Where else would you find "Internet blog with an extreme bias: Extreme Right, Propaganda, Conspiracy"? Maybe I'm not the one that should be changing his spots. ;)
-
Stocks Finish Higher, Erasing Earlier Losses
https://www.wsj.com/articles/global-stocks-drop-as-u-s-china-trade-talks-set-to-begin-1544431368
It's December and still no Dow crash to 401K in 2018. Tic Toc
-
Where else would you find "Internet blog with an extreme bias: Extreme Right, Propaganda, Conspiracy"? Maybe I'm not the one that should be changing his spots. ;)
No need to change my spots. I avoid quoting information found on extreme left or right websites. Blog posts are simply opinions which don't necessarily reflect the truth nor must they be factual. They can be fun to read though. :)
-
No need to change my spots. I avoid quoting information found on extreme left or right websites. Blog posts are simply opinions which don't necessarily reflect the truth nor must they be factual. They can be fun to read though. :)
You agreed there was no differences in the articles. It was an opinion piece based on a legit article, with quotes from the article. I'm pretty sure you post shit from cnn, MSNBC, etc. All extreme leftists sources.
-
12/11/2018
CNBC: “Stocks on track for WORST year in a DECADE.”
More PAIN ahead.
-NT
-
12/11/2018
CNBC: “Stocks on track for WORST year in a DECADE.”
More PAIN ahead.
-NT
https://www.cnbc.com/2018/12/10/stocks-set-for-worst-year-in-a-decade-four-experts-weigh-in-on-2019.html
2018? 😎
It’s just the beginning....
-NT
-
S&P 500 negative 1.34% year-to-date.
https://money.cnn.com/data/markets/sandp/
Check out A.O Smith. Sales of water heaters must be down.
-
12/11/2018
CNBC: “Stocks on track for WORST year in a DECADE.”
More PAIN ahead.
-NT
Well, #1 that's not your prediction. That's someone else's prediction. #2 your prediction is that a Dow crash is coming to 401Ks in 2018, which is a heck of a lot different. Better hurry. Time's running out.
-
Well, #1 that's not your prediction. That's someone else's prediction. #2 your prediction is that a Dow crash is coming to 401Ks in 2018, which is a heck of a lot different. Better hurry. Time's running out.
(http://savingmoneylivingsmart.com/wp-content/uploads/2015/01/delias.png)
-
NT - "Keep laughing “gym rat”. 🐀
Soon you’ll be panicking"
- NT
Me-"Nah...lol"
https://www.cnbc.com/2018/12/11/stock-market-dow-in-focus-as-market-volatility-continues.html
-
The crash is coming in 26 months.
-
The crash is coming in 26 months.
No, it has to come before December 31st, for the sake of Neurotoxin's reputation as a master market analyst, and gloom and doom prognosticator. Wait, his reputation has already gone down the toilet long ago. Never mind.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
No, it has to come before December 31st, for the sake of Neurotoxin's reputation as a master market analyst, and gloom and doom prognosticator. Wait, his reputation has already gone down the toilet long ago. Never mind.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
He's like the Al Gore of the stock market
-
S&P 500 negative 1.34% year-to-date.
https://money.cnn.com/data/markets/sandp/
Check out A.O Smith. Sales of water heaters must be down.
Maybe this is because the tankless one I recently had installed is a Rennai which is one of the highest rated. A.O. Smith didn't make the list.
-
Maybe this is because the tankless one I recently had installed is a Rennai which is one of the highest rated. A.O. Smith didn't make the list.
I have a Rennai and love it. Never run out of hot water. I can pop my kids in the shower and rinse them off, take my own shower and the wife afterwards. Pretty cool shit.
-
(http://savingmoneylivingsmart.com/wp-content/uploads/2015/01/delias.png)
LOL...is that Neurotoxin's investment advice business?
-
I have a Rennai and love it. Never run out of hot water. I can pop my kids in the shower and rinse them off, take my own shower and the wife afterwards. Pretty cool shit.
Did you have this system installed or was it existing? Mine is a very recent conversion/upgrade from the standard hot water tank, which was 31 years old. The Rennai system, which includes a pressure regulator, circulation pump and a dedicated hot water line (needed for the circulation). It cost me about double what replacing the old hot water tank with a new one would have. So far, it has shown to be worth the extra expense.
-
Did you have this system installed or was it existing? Mine is a very recent conversion/upgrade from the standard hot water tank, which was 31 years old. The Rennai system, which includes a pressure regulator, circulation pump and a dedicated hot water line (needed for the circulation). It cost me about double what replacing the old hot water tank with a new one would have. So far, it has shown to be worth the extra expense.
We remodeled about six years ago and Like you, needed to replace the water heater and just went with that system. One of the few things I do not regret about the remodel.
-
Key tech support to watch $SPX -2,600
Position: Short ALL indexes.
-NT
-
Key tech support to watch $SPX -2,600
Position: Short ALL indexes.
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
https://www.bloombergquint.com/markets/u-s-stock-market-exodus-is-second-biggest-on-record-bofa-says
More PAIN ahead.
-NT
-
https://www.reuters.com/article/us-global-markets/weak-economic-data-send-world-stocks-tumbling-idUSKBN1OD021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
Capitulation below $SPX 2600
Tick tock....
-NT
-
https://www.reuters.com/article/us-global-markets/weak-economic-data-send-world-stocks-tumbling-idUSKBN1OD021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
Capitulation below $SPX 2600
Tick tock....
-NT
How did I know you'd show up today..lmao. You're one of those paraniod investors.
-
How did I know you'd show up today..lmao. You're one of those paraniod investors.
Neurotoxin wants people to believe that he's smart enough, talented enough, and exceptional enough to accurately predict the stock market.
-
Dow down from 24,597.38 to 24,100.59.
-
Dow down from 24,597.38 to 24,100.59.
Temperatures down 42 degrees in New York City.
-
Dow DOWN -496 points
Nasdaq DOWN - 200 points
More PAIN ahead.
-NT
https://www.marketwatch.com/
-
The S&P is down over 1% for the year so far.
Combine that with the purchasing power loss due to inflation and you were better off keeping your money in a CD or money market.
-
The S&P is down over 1% for the year so far.
Combine that with the purchasing power loss due to inflation and you were better off keeping your money in a CD or money market.
Some of us went all cash a little early but it's looking like a pretty solid plan right now. You have to ask yourself, "will the market hang on for two more years bouncing around these levels"? Doubt it.
The interest rate hike really slowed down housing from what I've seen. It was red hot in the Spring but there is a lot more inventory building in the last couple months.
-
Some of us went all cash a little early but it's looking like a pretty solid plan right now. You have to ask yourself, "will the market hang on for two more years bouncing around these levels"? Doubt it.
The interest rate hike really slowed down housing from what I've seen. It was red hot in the Spring but there is a lot more inventory building in the last couple months.
I stay around 70% equities and 30% cash/bonds.
If the market really tanks I'll go further into equities.
Make sure if the market tanks 50% you still have enough to do whatever you have to do.
-
The S&P is down over 1% for the year so far.
Combine that with the purchasing power loss due to inflation and you were better off keeping your money in a CD or money market.
Maybe, but which will give you the most gains long term, stocks or CDs? When it comes to investing, it's easy to look back and "know" what would have worked better. However, looking ahead and knowing what will work best it's impossible. That's why people should invest in the stock market long term, preferably buying and holding low cost index funds.
-
Maybe, but which will give you the most gains long term, stocks or CDs? When it comes to investing, it's easy to look back and "know" what would have worked better. However, looking ahead and knowing what will work best it's impossible. That's why people should invest in the stock market long term, preferably buying and holding low cost index funds.
Makes total sense to invest a portion of your portfolio in stocks.
What portion depends on your time horizon.
-
The S&P is down over 1% for the year.
S&P was DOWN 1.9% YESTERDAY! 🤣🤣🤣
Go back to math 101 🤡
2018 is just the start...
Capitulation soon?
-NT
-
https://www.marketwatch.com/
Capitulation soon?
-NT
-
https://www.marketwatch.com/story/investors-flee-us-stock-funds-at-record-pace-lipper-2018-12-14
Position: Short ALL indexes.
Capitulation soon?
-NT
-
https://www.reuters.com/article/us-global-markets/weak-economic-data-send-world-stocks-tumbling-idUSKBN1OD021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
Capitulation below $SPX 2600
Tick tock....
-NT
-
S&P was DOWN 1.9% YESTERDAY! 🤣🤣🤣
Go back to math 101 🤡
2018 is just the start...
Capitulation soon?
-NT
Oops, I meant the Dow.
S&P down 2.76% YTD.
-
S&P was DOWN 1.9% YESTERDAY! 🤣🤣🤣
Go back to math 101 🤡
2018 is just the start...
Capitulation soon?
-NT
You made this claim in 2016, everyone knows at some point the market will come down and level off, then you will be on getbig saying "I told you so". LOL
-
Oops, I meant the Dow.
S&P down 2.76% YTD.
https://finance.yahoo.com/news/u-stock-market-officially-correction-001801781.html
Wrong again.
Dow DOWN > 10%
Financials DOWN > 20%
S&P DOWN > 10%
Nasdaq DOWN > 10%
Nice try kid. 🙄
-NT
-
https://finance.yahoo.com/news/u-stock-market-officially-correction-001801781.html
Wrong again.
Dow DOWN > 10%
Financials DOWN > 20%
S&P DOWN > 10%
Nasdaq DOWN > 10%
Nice try kid. 🙄
-NT
What's your timeline for this amazing prediction you made 2 years ago to come to fruition?
-
https://finance.yahoo.com/news/u-stock-market-officially-correction-001801781.html
Wrong again.
Dow DOWN > 10%
Financials DOWN > 20%
S&P DOWN > 10%
Nasdaq DOWN > 10%
Nice try kid. 🙄
-NT
S&P 500 Index down 2.76% YTD
https://www.macrotrends.net/2324/sp-500-historical-chart-data
-
https://www.bloomberg.com/opinion/articles/2018-12-15/central-banks-have-few-options-to-deal-with-another-crisis
-NT
-
The 90 day charts on the DOW, NASDAQ and S&P all look about the same - slow steady decliine. Might we all look back and see the smart money was getting out over this time? Not sure yet. I think the Fed was trying to get rates back up to match inflation levels but we have been in such a long period of nothing but winners that investors don't have the stomach for even a sideways market.
-
The 90 day charts on the DOW, NASDAQ and S&P all look about the same - slow steady decliine. Might we all look back and see the smart money was getting out over this time? Not sure yet. I think the Fed was trying to get rates back up to match inflation levels but we have been in such a long period of nothing but winners that investors don't have the stomach for even a sideways market.
No QE, Fed raising rates = Disaster.
Smart money is currently selling overpriced stocks to DUMB MONEY who “cost average down.”
Position: Short ALL indexes.
-NT
-
No QE, Fed raising rates = Disaster.
Smart money is currently selling overpriced stocks to DUMB MONEY who “cost average down.”
Position: Short ALL indexes.
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
"in the narrow case of investing, and specifically investing in low-cost Index ETFs, there is actually a simple rulebook.
When stock market crashes happen:
- The WORST thing to do is SELL.
- The OK thing to do is HOLD.
- The BEST thing to do is BUY.
Why? Because the Index can never go to zero. It’s an aggregate of all successful companies in the stock market, and even if an individual company goes bankrupt, the Index never does. Because the Index is market-cap weighted, as companies shrink into oblivion, they get sold and pushed out. And as other companies expand and grow to take their place, they get bought and brought in. The only way the Index goes to zero is if all companies in the US go to zero. And if that ever happens, your retirement portfolio will be the least of your worries"
https://www.millennial-revolution.com/invest/market-crash/
-
“79% of millionaires reached millionaire status through their employer-sponsored retirement plan.” - Chris Hogan
Everyday Millionaires: How Ordinary People Built Extraordinary Wealth―and How You Can Too
Hardcover – January 7, 2019
https://www.amazon.com/gp/product/0977489523/ref=dbs_a_def_rwt_bibl_vppi_i0
-
There is absolutely zero reason why the fed should raise rates for a third time
-
The S&P is down over 1% for the year so far.
Combine that with the purchasing power loss due to inflation and you were better off keeping your money in a CD or money market.
Yup. I did this backwards by moving money out of savings and into an investment with modest returns in 2017. Moved it back into savings last week. Bought high and sold low. I knew this wasn't for me when I let my banker talk me into it. -Should have stuck to my guns.
-
Maybe, but which will give you the most gains long term, stocks or CDs? When it comes to investing, it's easy to look back and "know" what would have worked better. However, looking ahead and knowing what will work best it's impossible. That's why people should invest in the stock market long term, preferably buying and holding low cost index funds.
At my age, 'longterm' is an oxymoron.
-
At my age, 'longterm' is an oxymoron.
When it comes to investing, long term can be 7 years or longer. I suppose you know you'll be pushing up daisies sooner than that.
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
lol ;D
Mons Venus still has two weeks before everyone's 401k crashes. Who knows? Maybe it will happen? A broken clock is right twice a day.
-
https://www.reuters.com/article/us-global-markets/weak-economic-data-send-world-stocks-tumbling-idUSKBN1OD021?feedType=RSS&feedName=businessNews&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+reuters%2FbusinessNews+%28Business+News%29
Capitulation below $SPX 2600
Tick tock....
-NT
https://www.marketwatch.com/story/stock-market-poised-to-edge-lower-in-the-wake-of-worst-start-to-december-since-1980-2018-12-17
$ SPX broke below 2600. Now @ 2545
Dow DOWN -507 points
Nasdaq DOWN - 156 points
More PAIN ahead.
Position: Short ALL indexes
- NT
-
https://www.marketwatch.com/story/stock-market-poised-to-edge-lower-in-the-wake-of-worst-start-to-december-since-1980-2018-12-17
$ SPX broke below 2600. Now @ 2545
Dow DOWN -507 points
Nasdaq DOWN - 156 points
More PAIN ahead.
Position: Short ALL indexes
- NT
I see you have given up quoting percentages.
Good move.
-
No QE, Fed raising rates = Disaster.
Smart money is currently selling overpriced stocks to DUMB MONEY who “cost average down.”
Position: Short ALL indexes.
-NT
100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.
Call me a tin hatters, don't care, you all know it's true. :-*
-
100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.
Call me a tin hatters, don't care, you all know it's true. :-*
You are correct
Nice to see critical thinking on GB
Position: Short ALL indexes
-NT
-
100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.
Call me a tin hatters, don't care, you all know it's true. :-*
https://www.thegatewaypundit.com/2018/12/1-8th-of-us-economy-erased-since-fed-chair-spouted-off-in-october-4-trillion-in-wealth-gone-fire-this-jackass-already/
Hussein was given a gift, 8 yrs ZERO INTEREST RATES. This enabled him to focus on everything gay and trans sexual for eight years.
Trump gets the exact OPPOSITE to derail presidency??
Fed to take down Market over next 2 yrs??
Position: Short ALL indexes.
-NT
-
Expect a dead cat bounce @ $SPX 2530 ( Feb 2018 Low)
$SPX 2018 High = 2937 ( resistance)
$SPX 2018 Low = 2530. ( support)
-11% DECLINE YTD
Once 2530 is breached, we head much LOWER
-NT
-
Expect a dead cat bounce @ $SPX 2530 ( Feb 2018 Low)
$SPX 2018 High = 2937 ( resistance)
$SPX 2018 Low = 2530. ( support)
-11% DECLINE YTD
Once 2530 is breached, we head much LOWER
-NT
As expected Dow up +82 points on Dead Cat Bounce.
$SPX breached 2600 yesterday as anticipated. Next major technical support level : 2530
$SPX DOWN -11% ytd
-NT
-
The market is declining for sure but has a way to go.
S&P 500 P/E ratio at 19.54.
Shiller P/E at 28.20.
http://www.multpl.com/
-
At least Trumps first year in office delivered. Thanks Obama.
-
At least Trumps first year in office delivered. Thanks Obama.
Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.
-
Select the 10 year function on this chart if you want to understand what is going on with rates as they relate to Obama vs Trump.
https://www.macrotrends.net/2015/fed-funds-rate-historical-chart
-
Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.
He is steering you into a recession LOL. The fucking market just took a huge fucking dump. Let's see how 2019 goes.
-
When it comes to investing, long term can be 7 years or longer. I suppose you know you'll be pushing up daisies sooner than that.
I don't know when I'll be pushing up daisies. But, your prophecy could be right. The possibility this could happen is one of the reasons I move my investment back into savings.
-
100% agree. The feds will raise rates in an attempt to stifle Trumps economy to help demoncrats win the 2020 presidential election.
Call me a tin hatters, don't care, you all know it's true. :-*
Hey tin hatter, not everyone knows it is true.
-
He is steering you into a recession LOL. The fucking market just took a huge fucking dump. Let's see how 2019 goes.
It's an all or none situation, not just a Coach one.
-
As expected Dow up +82 points on Dead Cat Bounce.
$SPX breached 2600 yesterday as anticipated. Next major technical support level : 2530
$SPX DOWN -11% ytd
-NT
https://www.marketwatch.com/
Yesterday’s “Dead Cat Bounce” FAILED as anticipated.
Support @ 2530 breached = Selling intensified
Dow DOWN - 351 points
Nasdaq DOWN -147 points
More PAIN ahead.
-NT
-
Explain this one again. The one's who keep saying this has a hard time backing this. As a matter of fact, they either avoid the question or spin it.
It's common sense. A new president doesn't deserve credit or blame for what goes on in their 3-6 months in office. Sometimes even longer. I'll give him credit for not fucking up 2017. But his actions in 2017 are what have us heading toward the edge of the cliff.
-
It's common sense. A new president doesn't deserve credit or blame for what goes on in their 3-6 months in office. Sometimes even longer. I'll give him credit for not fucking up 2017. But his actions in 2017 are what have us heading toward the edge of the cliff.
Do you realize you didn't give me ONE reason why this is Obama's economy? I'll wait for yours then I'll give you mine.
-
Do you realize you didn't give me ONE reason why this is Obama's economy? I'll wait for yours then I'll give you mine.
I don't believe this is Obama's economy now. 2017 was. Now with the tax cut give away and sky rocketing deficits we are seeing the effect on the market and a recession will be soon to follow. Pretty awesome move to pull all the troops out of Syria too, don't you think? Who cares what the military thinks. He trusts his gut more than the generals. Spin that one for us.
-
I don't believe this is Obama's economy now. 2017 was. Now with the tax cut give away and sky rocketing deficits we are seeing the effect on the market and a recession will be soon to follow. Pretty awesome move to pull all the troops out of Syria too, don't you think? Who cares what the military thinks. He trusts his gut more than the generals. Spin that one for us.
Impossible. You can't create a thriving economy by regulating the shit out of industries, taxing them so much they move to other countries that kill jobs, kill job creating projects based on "climate change" mandate a penalty for not having health insurance and whole host of other bullshit. The economy started rolling almost the DAY Trump started reversing all of that. THIS is common sense.
-
Impossible. You can't create a thriving economy by regulating the shit out of industries, taxing them so much they move to other countries that kill jobs, kill job creating projects based on "climate change" mandate a penalty for not having health insurance and whole host of other bullshit. The economy started rolling almost the DAY Trump started reversing all of that. THIS is common sense.
The economy was rolling for the 6 years prior to Trump taking office. 75 months of continual job growth. Unprecedented. The last two years of Obama produced more jobs than the first two years of Trump. Syria anyone?
-
The economy was rolling for the 6 years prior to Trump taking office. 75 months of continual job growth. Unprecedented. The last two years of Obama produced more jobs than the first two years of Trump. Syria anyone?
Dude, it was the slowest economic growth almost in history. It would have literally grew faster if he would have just let it alone.
-
Dude, it was the slowest economic growth almost in history. It would have literally grew faster if he would have just let it alone.
No sir. In fact, if you take out the 1st 13 months of Obama's term which was beyond fucked thanks to Bush, his numbers are historically great. 2015-2016 = more jobs than 2017-2018.
-
Hey tin hatter, not everyone knows it is true.
Now you do
-
No sir. In fact, if you take out the 1st 13 months of Obama's term which was beyond fucked thanks to Bush, his numbers are historically great. 2015-2016 = more jobs than 2017-2018.
In terms of economic growth (as Coach mentioned), the Obama years were the worst for GDP growth post-WWII.
The Obama administration called it "the new norm."
Every recession prior to the one that ended June 2009, was followed by significant economic growth.
"Over that span, we've had 10 previous recessions and 10 previous recoveries. According to the federal government's
own Bureau of Labor Statistics (BLS), average real (inflation-adjusted) GDP growth in the first three years after those
recessions was 4.6%."
https://www.investors.com/politics/commentary/obama-recovery-is-worst-in-postwar-history/
-
In terms of economic growth (as Coach mentioned), the Obama years were the worst for GDP growth post-WWII.
The Obama administration called it "the new norm."
Every recession prior to the one that ended June 2009, was followed by significant economic growth.
"Over that span, we've had 10 previous recessions and 10 previous recoveries. According to the federal government's
own Bureau of Labor Statistics (BLS), average real (inflation-adjusted) GDP growth in the first three years after those
recessions was 4.6%."
https://www.investors.com/politics/commentary/obama-recovery-is-worst-in-postwar-history/
Recovery could have been swifter and more robust had he only had any willing partners on the other side.
"My number 1 priority is to make Obama a one term president". Remember which turtle faced fuck said this?
-
It's common sense. A new president doesn't deserve credit or blame for what goes on in their 3-6 months in office. Sometimes even longer. I'll give him credit for not fucking up 2017. But his actions in 2017 are what have us heading toward the edge of the cliff.
No sir. In fact, if you take out the 1st 13 months of Obama's term which was beyond fucked thanks to Bush, his numbers are historically great. 2015-2016 = more jobs than 2017-2018.
You just contradicted yourself there, AbrahamG. Besides, you know very well that Clinton was the one responsible for three recessions, two of which happened while Bush was in office.
-
Dude, it was the slowest economic growth almost in history. It would have literally grew faster if he would have just let it alone.
Trump is really not helping here, the last recession was during a GOP pres, looks like the cycle will continue. Regulation helps in some respects, your views are too simplistic Joe, it's not black or white.
This trade war is really effecting the markets, this whole year was a wash, zero gains and it looks like the ten year bull market is entering into bear territory thanks for Trump's actions.
Tax buts for big corps don't work, they add it to their bottom line, trickle down doesn't work.
-
Neither Trump nor Obama has or had much to do with the financial market cycle.
It is by definition, cyclical.
-
Neither Trump nor Obama has or had much to do with the financial market cycle.
It is by definition, cyclical.
IroNat ain't lying.
-
I’ve said it before. Aside from the Fed screwing up by raising rates, This drop is intentional and another way to go after Trump
-
https://www.marketwatch.com/
Yesterday’s “Dead Cat Bounce” FAILED as anticipated.
Support @ 2530 breached = Selling intensified
Dow DOWN - 351 points
Nasdaq DOWN -147 points
More PAIN ahead.
-NT
https://www.cnbc.com/2018/12/20/worst-is-yet-to-come-for-stock-sell-off-as-nasdaq-dips-into-bear-market-territory---strategists-.html
Another great day on Wall Street
Dow DOWN -464 points
Nasdaq DOWN -108 points
Worst yet to come
Position: Short ALL indexes
-NT
-
You just contradicted yourself there, AbrahamG. Besides, you know very well that Clinton was the one responsible for three recessions, two of which happened while Bush was in office.
No contradiction at all. 2009 belongs to Bush. 2017 belongs to Obama. Glad to have cleared things up for you.
-
https://www.cnbc.com/2018/12/20/worst-is-yet-to-come-for-stock-sell-off-as-nasdaq-dips-into-bear-market-territory---strategists-.html
Another great day on Wall Street
Dow DOWN -464 points
Nasdaq DOWN -108 points
Worst yet to come
Position: Short ALL indexes
-NT
This was done purposely to try to take down Trump in 2020. Trust me, this has NOTHING to do with your predictions
-
No contradiction at all. 2009 belongs to Bush. 2017 belongs to Obama. Glad to have cleared things up for you.
Wrong, and you know it. Stop playing dumb.
"President Clinton's tenure was characterized by economic prosperity and financial deregulation, which in many ways set the stage for the excesses of recent years. Among his biggest strokes of free-wheeling capitalism was the Gramm-Leach-Bliley Act, which repealed the Glass-Steagall Act, a cornerstone of Depression-era regulation. He also signed the Commodity Futures Modernization Act, which exempted credit-default swaps from regulation. In 1995 Clinton loosened housing rules by rewriting the Community Reinvestment Act, which put added pressure on banks to lend in low-income neighborhoods."
People to Blame for the Financial Crisis
http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877322,00.html
-
This was done purposely to try to take down Trump in 2020. Trust me, this has NOTHING to do with your predictions
Must be nice to never take blame for anything! it's not trump it's obama, it's others trying to get him, it's this it's that....
he can do no wrong!
-
Why the Fed raised rates
The U.S. economy added just 155,000 jobs in November, falling short of analysts’ expectations. But the Fed maintained a fairly optimistic view of economic conditions in its statement, noting that “job gains have been strong, on average, in recent months.” GDP growth is solid and at 3.7 percent, the unemployment rate is still low by historical standards.
Though most workers haven’t gotten a raise in the past year, annual wage growth (3.1 percent) is higher than it’s been in nearly a decade. Even though the labor market is said by some experts to be approaching full employment, there are still plenty of positions left to fill.
“Employers are forced to compete more for workers and that’s what is driving the wage growth so much higher,” says Sean Snaith, director of the University of Central Florida’s Institute for Economic Competitiveness. “t’s not out of control wage growth, but it is the fastest that we’ve seen to date in this recovery and I think it’s really consistent with a tightening labor market.”
Inflation is near 2 percent and the Fed thinks it will remain below that target in 2019. But FOMC members didn’t hesitate to raise rates in an effort to continue normalizing interest rates and prevent prices from rising too fast in the future. In a press conference following the December meeting, Jerome Powell also noted that rates this year were raised more times than expected because the economy was stronger and healthier than expected.
https://www.bankrate.com/banking/federal-reserve/fomc-recap/
-
^^^ Humiliated GB Trolls arguing amongst themselves, placing blame for Market fall. lol
Merry Christmas to my serious followers. 2019 will be glorious!
Position: Short ALL indexes.
-NT
-
^^^ Humiliated GB Trolls arguing amongst themselves, placing blame for Market fall. lol
Merry Christmas to my serious followers. 2019 will be glorious!
Position: Short ALL indexes.
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
It's December 21st, and still no Dow Crash has come to 401K in 2018.
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
It's December 21st, and still no Dow Crash has come to 401K in 2018.
This has been the worst december since the great depression though.
-
S&P 500 Index down 25.8% since Jan 1, 2018.
http://www.multpl.com/table
-
https://www.marketwatch.com/
Dow DOWN another - 529 points today
Nasdaq DOWN another - 200 points today
Position: Short ALL indexes
- NT
-
S&P 500 Index down 25.8% since Jan 1, 2018.
http://www.multpl.com/table
GB trolls say it’s down just 1.5% YTD 🤣
That said, one must consider IQ’s on GB hover around room temperature
- NT
-
https://www.thegatewaypundit.com/2018/12/dow-worst-december-since-great-depression-worst-week-in-10-years-down-4387-points-since-fed-reserve-threats-in-october/
2018? Coincidence?
Just the start.....
-NT
-
My % drop was in the P/E ratio.
My bad. Ugh.
https://www.macrotrends.net/2324/sp-500-historical-chart-data
2416.62/2673.61 = .9039 x 100 = 9.6%
Back to school for me! :'(
-
My % drop was in the P/E ratio.
My bad. Ugh.
The S&P Index was down 10.38% so far. https://www.macrotrends.net/2324/sp-500-historical-chart-data
2416.62/2673.61 = .9039 x 100 = 9.6%
Back to school for me! :'(
No problem IroNat, at least you’re thinking.
2018:
Nasdaq DOWN > 20%
S&P DOWN > 11%
Dow DOWN > 11%
-NT
-
https://www.cnbc.com/2018/12/21/us-stocks-set-for-lower-week-after-fed-decision-government-shutdown-fears.html
-NT
-
Good:
Buy low, sell high.
Buy high, sell higher.
Bad:
Buy high, sell lower.
Buy low, sell lower still.
-
Good:
Buy low, sell high.
Buy high, sell higher.
Bad:
Buy high, sell lower.
Buy low, sell lower still.
Correct.
Successful investors know when to EXIT Market to avoid BIG losses that may extend for years
If Market drops 50%, it takes a gain of 100% to get back to breakeven
Wall Street depends upon DUMB MONEY to “cost average down”
Example : Following the 2001 Crash, Nasdaq needed 16 YEARS to recover @ break even. Dumb money was buying Tech stocks as they dropped for 16 years ( cost average down strategy)
Smart strategy? I think not
-NT
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
It's December 22nd, and still no Dow Crash has come to 401K in 2018.
-
The problem with market timing is knowing when to exit and enter the market.
So far nobody has figured that one out. Investors who exit a market too early lose returns.
How do you know for sure when to exit? You don't.
How do you know when to get back in? You don't.
Taxes also come into play if you have stock in non-retirement accounts.
You also have take dividends into account as part of your total return, which you forego if you sell the stock.
Dividends are an important part of the buy/hold strategy.
The average investor (anybody without inside information) using market timing is on the outside looking in. He is at a significant disadvantage.
He's betting against the Casino. The house always wins.
-
The problem with market timing is knowing when to exit and enter the market.
So far nobody has figured that one out. Investors who exit a market too early lose returns.
How do you know for sure when to exit? You don't.
How do you know when to get back in? You don't.
Taxes also come into play if you have stock in non-retirement accounts.
You also have take dividends into account as part of your total return, which you forego if you sell the stock.
Dividends are an important part of the buy/hold strategy.
The average investor (anybody without inside information) using market timing is on the outside looking in. He is at a significant disadvantage.
He's betting against the Casino. The house always wins.
Go read my 2007 Dow Crash thread.
Coincidence?
Lucky?
Insider?
-NT
-
Go read my 2007 Dow Crash thread.
Coincidence?
Lucky?
Insider?
-NT
I agree with you the market is going to tank. No question about it.
But when? Tomorrow? Next year? Two years from now?
-
I agree with you the market is going to tank. No question about it.
But when? Tomorrow? Next year? Two years from now?
Market crashes are a PROCESS, not an event. You’re watching one now imo.
The last crash took 2 YEARS to complete w/ >60% LOSES. ( see 07 Dow thread)
AVOIDING 40-60% loses is key to wealth building.
To date:
Nasdaq DOWN -22%
Dow DOWN -12%
S&P DOWN -12%
-NT
-
The problem with market timing is knowing when to exit and enter the market.
So far nobody has figured that one out. Investors who exit a market too early lose returns.
How do you know for sure when to exit? You don't.
How do you know when to get back in? You don't.
The average investor (anybody without inside information) using market timing is on the outside looking in. He is at a significant disadvantage.
He's betting against the Casino. The house always wins.
I agree, the average investor is blindfolded & at significant disadvantage. No idea when to enter or exit Market. (understandable) Reason for “07 Dow Crash thread” was to warn of what I saw coming. I’m normally a Market BULL, which is why I stopped posting years ago. Market looked good once ZIRP was implemented, technicals good, no need to warn of Market breakdown. Years later..... 2018 Market action/technicals indicated a coming break-down, so decided to throw out a warning flag.... again. Once Market turns, I’ll say so & probably stop posting. Bull Markets are very profitable, but extremely boring.
-NT
-
I agree with you the market is going to tank. No question about it.
But when? Tomorrow? Next year? Two years from now?
Neurotoxin already said when: First he said 2016, then 2017, then he said 2018. Now he's starting to say 2019 because 2018 is almost gone.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
Neurotoxin already said when: First he said 2016, then 2017, then he said 2018. Now he's starting to say 2019 because 2018 is almost gone.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
It's like predicting the inevitable. Everyone knows the market will correct itself, just a matter of when.
-
I agree, the average investor is blindfolded & at significant disadvantage. No idea when to enter or exit Market. (understandable) Reason for “07 Dow Crash thread” was to warn of what I saw coming. I’m normally a Market BULL, which is why I stopped posting years ago. Market looked good once ZIRP was implemented, technicals good, no need to warn of Market breakdown. Years later..... 2018 2016 Market action/technicals indicated a coming break-down, so decided to throw out a warning flag.... again. Once Market turns, I’ll say so & probably stop posting. Bull Markets are very profitable, but extremely boring.
-NT
Fixed.
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
-
Correct.
Successful investors know when to EXIT Market to avoid BIG losses that may extend for years
If Market drops 50%, it takes a gain of 100% to get back to breakeven
Wall Street depends upon DUMB MONEY to “cost average down”
Example : Following the 2001 Crash, Nasdaq needed 16 YEARS to recover @ break even. Dumb money was buying Tech stocks as they dropped for 16 years ( cost average down strategy)
Smart strategy? I think not
-NT
so you don't think cost averaging is a good idea in bear markets to lover you SP average? its one of the few opportunities to get cheap shares. The tech thing was a bubble from my recollection but if you say have amazon or another super solid company you would make significant cash in the long term would you not?
-
I saw someone posted that the market started dropping right after dems "won" the house back. True?
-
I saw someone posted that the market started dropping right after dems "won" the house back. True?
That could very well be. Need to go back to look at the markets before the mid-terms. It actually makes sense
-
I saw someone posted that the market started dropping right after dems "won" the house back. True?
October wasn't a great month for stocks.
-
That could very well be. Need to go back to look at the markets before the mid-terms. It actually makes sense
The largest impact has been Trump, he is being volatile and the trade war with China is fucking things up. Tweets cause the market to panic sell or buy, it's ridiculous.
The markets bounced upon the 90 day hold off but then he tweeted he was the tariff man and the plunged again, it's comical actually.
-
October wasn't a great month for stocks.
Up? Down? Steady?
-
Up? Down? Steady?
It was the beginning of the current volatility.
-
The largest impact has been Trump, he is being volatile and the trade war with China is fucking things up. Tweets cause the market to panic sell or buy, it's ridiculous.
The markets bounced upon the 90 day hold off but then he tweeted he was the tariff man and the plunged again, it's comical actually.
Necrosis, if you're gonna credit Trump with the current US stock market volatility, are you going to credit him too with how well the US stock market did from the moment he was elected up until October of this year?
Also, US stocks were doing extremely well for a long time while Asian and European markets were tanking. Whose fault was that?
-
Good:
Buy low, sell high.
Buy high, sell higher.
Bad:
Buy high, sell lower.
Buy low, sell lower still.
Or, cut your losses while there's still something there.
-
Or, cut your losses while there's still something there.
Translation: Primemuscle bought high and sold low.
-
https://www.reuters.com/article/us-usa-treasury/top-trump-official-calls-bankers-will-convene-plunge-protection-team-idUSKCN1OM0LJ
“Plunge Protection Team” is called in to save Markets during CRASHES.
Who knew? ;)
Coincidence?
Luck?
Insider?
-NT
-
Necrosis, if you're gonna credit Trump with the current US stock market volatility, are you going to credit him too with how well the US stock market did from the moment he was elected up until October of this year?
Also, US stocks were doing extremely well for a long time while Asian and European markets were tanking. Whose fault was that?
The market was improving and I do give him credit initially, I think the sentiment was a business man was in office. I don't see it as black and white as I stated. However, his recent moves have not helped, they have created uncertainty. So it's not his fault per se, he is a huge reason however and I think the market needs stability right now.
Not sure on the Euro/Asian front, I don't know enough to really have an opinion.
I don't have a team but I certainly don't think the things he is doing are reasonable right now.
-
Up? Down? Steady?
Yes. Absolutely.
-
;)
-
;)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=768827;image)
LOL...looks like Neurotoxin's and Prime's strategy
-
Fire Powell
-
Fire Powell
;D
-
Fire Powell
The man is a ego maniac lol!!
Nice tweet to cause the market to crash further, what a mess. Fire everyone!!! it's not him it's everyone else. He doesn't seem to care about the impact the things he is saying have, as long as he can protect his huge ego.
-
https://www.reuters.com/article/us-usa-treasury/top-trump-official-calls-bankers-will-convene-plunge-protection-team-idUSKCN1OM0LJ
“Plunge Protection Team” is called in to save Markets during CRASHES.
Who knew? ;)
Coincidence?
Luck?
Insider?
-NT
https://www.marketwatch.com/
Market Crashing?
Coincidence?
Luck?
Insider?
LARP?
Dow DOWN -653 points
Nasdaq DOWN -150 points
Merry Christmas!
-NT
-
Fire Powell
Why would he need to do that
Don't Trumptards think everything is going great?
Would Trump firing his hand picked Fed Chief after 10 months be a good thing for the markets or which it just make they even greater?
-
Call the Plunge Protection Team ASAP!
(http://3.bp.blogspot.com/-RFeVGYWIxFM/UiUoSNxUP5I/AAAAAAAAAXo/mq_46P_6puM/s1600/man+jumping.jpg)
-
Honestly anyone in equities that didn't hedge and sell some off for a profit had it coming. You have had months of day after day all time highs in this ancient bull market during 2018. Regardless of politics the down cycle is due. Whether or not things stabilize it's still due.
The smart money wanted out at all time highs and before Dems spent 2 years investigating Trump. They also know the tax changes have taken effect and are unlikely to add any more to the market in 2019. The 401k fools get their usual beating chasing the golden carrot stuck in a market they don't understand.
-
Why would he need to do that
Don't Trumptards think everything is going great?
Would Trump firing his hand picked Fed Chief after 10 months be a good thing for the markets or which it just make they even greater?
The economy is great which is why it’s beyond anyone but Libs to wonder why the fed would raise rates in a thriving economy.
-
Honestly anyone in equities that didn't hedge and sell some off for a profit had it coming. You have had months of day after day all time highs in this ancient bull market during 2018. Regardless of politics the down cycle is due. Whether or not things stabilize it's still due.
The smart money wanted out at all time highs and before Dems spent 2 years investigating Trump. They also know the tax changes have taken effect and are unlikely to add any more to the market in 2019. The 401k fools get their usual beating chasing the golden carrot stuck in a market they don't understand.
Is that what you did? How exactly did you do this, when, how much did you sell? How did you know when was the right time to sell? How did you know how much to sell?
You don't have to answer, because nobody knows. If you try, you're just gambling.
Who are these "401K fools"? Most self made millionaires in America in recent times reached millionaire status through their employer-sponsored retirement plan.
Many of these 401K participants already re-balance their portfolio about once per year. However, they do this on a preset schedule to make sure their allocations stay on target, and not out of panic based on what the market is doing.
-
Is that what you did? How exactly did you do this, when, how much did you sell? How did you know when was the right time to sell? How did you know how much to sell?
You don't have to answer, because nobody knows. If you try, you're just gambling.
Who are these "401K fools"? Most self made millionaires in America in recent times reached millionaire status through their employer-sponsored retirement plan.
Many of these 401K participants already re-balance their portfolio about once per year. However, they do this on a preset schedule to make sure their allocations stay on target, and not out of panic based on what the market is doing.
No, I'm not a gambler...quite the opposite. I've been out for a while except for a fixed income fund that doesn't make sense to cash and get taxed on... I rely on real estate and businesses instead of equities, and while they are not as passive I do have far more control and tax advantages in the now rather than the tax deferred promises.
Historically by a wide margin most become millionaires through real estate, then by a business they own...after that are W-2 wages, savings, paper investments, etc.
Many 401k types let their stuff sit in their own company stock and never check on it until they've already gotten a haircut. How exactly do you "stay on target" when the DOW goes down 54% like it did in 2009? Yes, you can stay in for 40 years and hope you age out at the right point in the cycle...but to me, that's counterparty risk I just can't handle. Then again, I actually deploy my own capital rather than hope somebody works in my best interest so my approach differs from most and I don't think it's for everyone.
-
No, I'm not a gambler...quite the opposite. I've been out for a while except for a fixed income fund that doesn't make sense to cash and get taxed on... I rely on real estate and businesses instead of equities, and while they are not as passive I do have far more control and tax advantages in the now rather than the tax deferred promises.
Historically by a wide margin most become millionaires through real estate, then by a business they own...after that are W-2 wages, savings, paper investments, etc.
Many 401k types let their stuff sit in their own company stock and never check on it until they've already gotten a haircut. How exactly do you "stay on target" when the DOW goes down 54% like it did in 2009? Yes, you can stay in for 40 years and hope you age out at the right point in the cycle...but to me, that's counterparty risk I just can't handle. Then again, I actually deploy my own capital rather than hope somebody works in my best interest so my approach differs from most and I don't think it's for everyone.
I never said that you are a gambler. I said that if you try to sell or buy based on predictions of what the stock market will do next, then you are gambling because nobody knows what the stock market will do next. You'll end up selling or buying too soon or too late, and if you make a profit it's purely luck.
The same goes for the housing market, since you are in real estate. And there are no tax deferred "promises." It's either tax deferred or it isn't.
And you should know, since you are in real estate, that you can defer taxes in real state too. You can deposit the profit from a real estate sale into an escrow account and declare that you will use that profit for another real estate investment in the near future, and that you would like to defer paying taxes on that profit. If you aren't doing this, you should.
"Historically by a wide margin most become millionaires through real estate, then by a business they own...after that are W-2 wages, savings, paper investments, etc.
Many 401k types let their stuff sit in their own company stock and never check on it until they've already gotten a haircut."
Where did you get that from? Did you read that somewhere? Do you know of studies that back this up?
Yes, you can retire a millionaire investing only in bonds, or only in real estate, or only in stocks, or only by owning a successful business, or a combination of these. You can also make mistakes investing in any of these. It's not only 401K participants who make investment mistakes. There are no guarantees in any type of investment either.
-
Real estate investment is far from a sure thing. Just ask the people who were upside down with their mortgages after the last R/E crash.
As far as the "sure thing" of having your own business...
https://www.washingtonpost.com/news/fact-checker/wp/2014/01/27/do-9-out-of-10-new-businesses-fail-as-rand-paul-claims/?noredirect=on&utm_term=.0150e1a3b935
'The Small Business Administration, in its informative frequently asked questions on small businesses, provides this answer on the survival rate of new businesses:
“About half of all new establishments survive five years or more and about one-third survive 10 years or more. As one would expect, the probability of survival increases with a firm’s age. Survival rates have changed little over time.”'
My own philosophy about this is that everyone is in their own business whether they work for someone else or not.
If you are an employee your "own" business is building your personal wealth through the investment of your savings from your earnings. That is your business and you indeed can become wealthy at it if you are successful in earning a good income and set aside a portion of that income for investment.
-
"The same goes for the housing market, since you are in real estate. And there are no tax deferred "promises." It's either tax deferred or it isn't."
I'm not generally a flipper, so the income from my RE is highly tax advantaged.
"Where did you get that from? Did you read that somewhere? Do you know of studies that back this up?"
That most millionaires became so through real estate? The last 100 years of history....or just google it.
The idea that most 401k people don't look at their 401k until it's too late. My own anecdotal evidence over the last 25 years....or again just google it, haha.
"You can also make mistakes investing in any of these."
Yes, but again I'd rather it be under my control rather than getting screwed by an institution or account manager. The equities markets do not exist mainly to benefit investors, it's to raise capital for companies. Whether or not you gain from it is about 3rd place in importance in the system.
-
Real estate investment is far from a sure thing. Just ask the people who were upside down with their mortgages after the last R/E crash.
As far as the "sure thing" of having your own business...
https://www.washingtonpost.com/news/fact-checker/wp/2014/01/27/do-9-out-of-10-new-businesses-fail-as-rand-paul-claims/?noredirect=on&utm_term=.0150e1a3b935
'The Small Business Administration, in its informative frequently asked questions on small businesses, provides this answer on the survival rate of new businesses:
“About half of all new establishments survive five years or more and about one-third survive 10 years or more. As one would expect, the probability of survival increases with a firm’s age. Survival rates have changed little over time.”'
My own philosophy about this is that everyone is in their own business whether they work for someone else or not.
If you are an employee your "own" business is building your personal wealth through the investment of your savings from your earnings. That is your business and you indeed can become wealthy at it if you are successful in earning a good income and set aside a portion of that income for investment.
Nobody said anything was a sure thing. Never been upside down on a property and been in my primary business for 20 years. At this point I have a lot of control over my money with little counterparty risk.
I have done the corporate soul-sucking thing. I hated it. It's difficult to become wealthy that way and the last thing I want to do is day trade while working for somebody else....hoping the market goes my way and that the company I work for does well. That's not my idea of security.
-
SOMEPARTS, you're all over the place.
"Google it"? "getting screwed by an institution or account manager."? "corporate soul-sucking"? "day trade while working for somebody else"? "401K fools"? "tax deferred promises?" WTF?
You seem to know very little to nothing about investing early on and long term in a portfolio allocated to a US total stock market index fund, a US total bond market index fund, and an international total stock market index fund, making regular contributions to it rain or shine, then re-balancing once a year. Just set it, forget it, don't look at it until it's time to re-balance, no need to stress over it.
It's probably a good choice for you to stay away from investing in stocks and bonds.
Based on what you've posted, you seem to have made a very poor career choice early on, then finally found what works for you, investing in your own business and in real-estate. Nothing wrong with that. To each its own. Congratulations in finally finding what works for you!
Many people do make the right career choice early on and they do enjoy their careers. Their goal is not to retire early, but to accumulate wealth and reach financial independence ASAP, and continue working in the career which they enjoy, because they want to and not because they have to. To them, starting a business or investing in real-estate is far more risky than earning, saving, and passive investing.
For all these people, true passive investing in stocks and bonds is a very good choice, probably the best. And they can start a side business and/or invest in real estate too, if they wish to and have the time to do so.
Not everyone is an entrepreneur, a landlord, or a real-estate investor, or wish to ever be. Your posts come across as if you believe that these are the best choices, or the only choices for everyone to reach financial independence. You come across as trying to convince yourself more than anybody else that your choice is the best one, or the only one for both you and everyone else.
You keep making all these false blanket statements with nothing to back them up. No doubt you believe them. You seem to have this sense that you are in control, and that there is far less risk in owning a business and investing in real estate than there is in passive investing long term in stocks and bonds. If all this makes you feel better about your life choices, then more power to you. Whatever makes you happy and whatever makes you sleep better at night.
I'm not going to argue with you or try to convince you otherwise.
-
History of U.S. Bear & Bull Markets Since 1926
"Although past performance is no guarantee of future results,we believe looking at the history of the market’s expansions and recessions helps to gain a fresh perspective on the benefits of investing for the long-term.
• The average Bull Market period lasted 9.1 years
with an average cumulative total return of 480%.
• The average Bear Market period lasted 1.4 years
with an average cumulative loss of -41%"
https://www.ftportfolios.com/Common/ContentFileLoader.aspx?ContentGUID=4ecfa978-d0bb-4924-92c8-628ff9bfe12d
-
I'm not going to argue with you or try to convince you otherwise.
Right...after that massive wall of text, haha. You don't have to make up fictional stories about somebody you don't agree with.
Take a deep breath and relax - DOW is up 500 today. ;D
-
Someparts has made some good points.
Some people do neglect their 401k investments and some do have all their own company stock (remember Enron) in it.
Some people blindly trust advisors who put them in high expense mutual funds so they can earn big commissions.
Some people won't put any money into a 401k and will instead spend the money on consumer goods.
Then these same people who chose to remain ignorant or abdicate responsibility will blame others for their poor results.
-
Right...after that massive wall of text, haha. You don't have to make up fictional stories about somebody you don't agree with.
Take a deep breath and relax - DOW is up 500 today. ;D
That was the short version. ;D I was responding to both your post to me and your post to IroNat. Like I said, you're all over the place and I wasn't even sure where to start.
You must have not read it, which is fine. Long story short, based on your posts it's a good choice for you to stay away from investing in stocks and bonds.
And if I really needed to take a deep breath and relax now, then I too should stay away from investing in stocks and bonds and find something else.
-
Someparts has made some good points.
Some people do neglect their 401k investments and some do have all their own company stock (remember Enron) in it.
Some people blindly trust advisors who put them in high expense mutual funds so they can earn big commissions.
Some people won't put any money into a 401k and will instead spend the money on consumer goods.
Then these same people who chose to remain ignorant or abdicate responsibility will blame others for their poor results.
Agreed, yet it does not follow that you can't reach financial independence via a decent career and your employer-sponsored retirement plan.
-
Agreed, yet it does not follow that you can't reach financial independence via a decent career and your employer-sponsored retirement plan.
Correct.
-
Why has Neurotoxin not posted anything on this thread today?
Oh, that's right:
BOOM: Stocks soar 5%, Dow adds a record-breaking 1,086 points
The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.
https://www.yahoo.com/finance/news/stock-futures-rise-christmas-eve-sell-off-134312777.html
-
Agreed, yet it does not follow that you can't reach financial independence via a decent career and your employer-sponsored retirement plan.
I never said it can't be done. It truly is difficult for entrepreneurial types to converse with the well educated employee and vice versa.
This same type of 1000 point buy up happened in 2008(link). I'm sure it's totally different now, certainly not a bear rally. ;)
https://www.cnbc.com/id/27166818
Of course I hope that the market absorbs the rate hikes and stabilizes for Trump's sake. I'm not cheering for a crash just playing around with the above post.
-
I never said it can't be done. It truly is difficult for entrepreneurial types to converse with the well educated employee and vice versa.
This same type of 1000 point buy up happened in 2008(link). I'm sure it's totally different now, certainly not a bear rally. ;)
https://www.cnbc.com/id/27166818
Of course I hope that the market absorbs the rate hikes and stabilizes for Trump's sake. I'm not cheering for a crash just playing around with the above post.
Understood.
Neurotoxin has just a few more days left for his latest prediction that a Dow crash is coming to 401K in 2016, or 2017, or 2018.
-
Translation: Primemuscle bought high and sold low.
Why state the obvious when I already admitted to it in other posts?
-
The economy is great which is why it’s beyond anyone but Libs to wonder why the fed would raise rates in a thriving economy.
No need to wonder. Raising the rates in a strong economy is expected.
-
Why state the obvious when I already admitted to it in other posts?
For those who missed it.
-
No need to wonder. Raising the rates in a strong economy is expected.
Why did the Fed keep rates effectively at zero under Obama if "the economy was doing well FOR YEARS under Obama"?
-
Why did the Fed keep rates effectively at zero under Obama if "the economy was doing well FOR YEARS under Obama"?
You'll never get an answer for this, just more deflection.
-
Why has Neurotoxin not posted anything on this thread today?
Oh, that's right:
BOOM: Stocks soar 5%, Dow adds a record-breaking 1,086 points
The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.
https://www.yahoo.com/finance/news/stock-futures-rise-christmas-eve-sell-off-134312777.html
Stocks closed higher on Thursday, adding to the massive gains from the previous session
https://www.cnbc.com/2018/12/27/futures-on-the-back-of-wednesdays-wall-street-surge.html
-
Why did the Fed keep rates effectively at zero under Obama if "the economy was doing well FOR YEARS under Obama"?
Not exactly zero, but close.
(https://www.valuewalk.com/wp-content/uploads/2018/05/Federal-Funds-Rate-by-Trump-Obama.png)
-
Not exactly zero, but close.
I didn't say "exactly zero"
No need to wonder. Raising the rates in a strong economy is expected.
Why did the Fed keep rates effectively at zero under Obama if "the economy was doing well FOR YEARS under Obama"?
-
You'll never get an answer for this, just more deflection.
-
OMG I lost...nothing :)
-
OMG I lost...nothing :)
Nothing from nothing is......Nothing
-
Why has Neurotoxin not posted anything on this thread today?
Oh, that's right:
BOOM: Stocks soar 5%, Dow adds a record-breaking 1,086 points
The S&P 500 and the Dow each clocked their biggest single-session point gains on record on Wednesday.
https://www.yahoo.com/finance/news/stock-futures-rise-christmas-eve-sell-off-134312777.html
Mons Venus still has two trading days for his prediction to come true. I'm sure there are a lot of people on this board who invested based on his advice, so he has a lot riding on this.
-
OMG I lost...nothing :)
You lose nothing in a down market other than value temporarily anyway, unless you actually sell after buying high in which case you actually lose money. Ask Primemuscle.
-
You lose nothing in a down market other than value temporarily anyway, unless you actually sell after buying high in which case you actually lose money. Ask Primemuscle.
Tis true. Lost a couple of hundred dollars, part of which was the annual fee paid to Wells Fargo advisors. No matter what the market does, I am comfortable with my decision to sell. Investing in (gambling on) the stock market is not my thing.
-
Tis true. Lost a couple of hundred dollars, part of which was the annual fee paid to Wells Fargo advisors. No matter what the market does, I am comfortable with my decision to sell. Investing in (gambling on) the stock market is not my thing.
"Why did the Fed keep rates effectively at zero under Obama if "the economy was doing well FOR YEARS under Obama"?
via Loco
You are continuing to avoid this question he has asked you.
-
Tis true. Lost a couple of hundred dollars, part of which was the annual fee paid to Wells Fargo advisors. No matter what the market does, I am comfortable with my decision to sell. Investing in (gambling on) the stock market is not my thing.
Investing in the stock market doesn't have to be gambling, far from it. You chose to, or allowed yourself to be suckered into, gambling on it. Then you had to pay a fee to those who suckered you into it. You are fortunate that you are not in a position where it ruined you financially. Others are not so fortunate.
Given how little you know, and are willing to learn, about investing in the stock market, and given your incredibly low risk tolerance, you're probably better off staying away from the stock market.
-
Investing in the stock market doesn't have to be gambling, far from it. You chose to, or allowed yourself to be suckered into, gambling on it. Then you had to pay a fee to those who suckered you into it. You are fortunate that you are not in a position where it ruined you financially. Others are not so fortunate.
Given how little you know, and are willing to learn, about investing in the stock market, and given your incredibly low risk tolerance, you're probably better off staying away from the stock market.
Truth.
It's very simple to educate yourself but some people refuse to do it and rely on pseudo-professionals who take advantage of them.
You can't trust other people to look out for your best interests when their best interest is to take your money from your pocket and put it into their pocket.
This is the reality of human nature. Ignore it at your peril.
-
Truth.
It's very simple to educate yourself but some people refuse to do it and rely on pseudo-professionals who take advantage of them.
You can't trust other people to look out for your best interests when their best interest is to take your money from your pocket and put it into their pocket.
This is the reality of human nature. Ignore it at your peril.
IroNat ain't lying.
"Act as if every broker, insurance salesman, mutual fund salesperson, and financial advisor you encounter is a hardened criminal, and stick to low-cost index funds, and you'll do just fine."
William J. Bernstein, American financial theorist and neurologist
-
Investing in the stock market doesn't have to be gambling, far from it. You chose to, or allowed yourself to be suckered into, gambling on it. Then you had to pay a fee to those who suckered you into it. You are fortunate that you are not in a position where it ruined you financially. Others are not so fortunate.
Given how little you know, and are willing to learn, about investing in the stock market, and given your incredibly low risk tolerance, you're probably better off staying away from the stock market.
"Allowed myself to be suckered into it" is an accurate statement. Taking a risk is the same as gambling. This risk was relatively small. If I'd lost the entire investment, it wouldn't have ruined me financially as it was only 4% of my net worth, none of which funds my retirement income.
-
"Allowed myself to be suckered into it" is an accurate statement. Taking a risk is the same as gambling. This risk was relatively small. If I'd lost the entire investment, it wouldn't have ruined me financially as it was only 4% of my net worth, none of which funds my retirement income.
Not necessarily. By that logic you could say that getting into a vehicle to drive or ride anywhere is gambling every time, and therefore it makes you a gambler.
Also, being way too conservative with your money can be very risky too. Your money could lose value to inflation, or a retiree could run out of money too soon if inventing too conservatively, or not investing at all.
Prime,
There are good, legit, internet banks out there that offer CDs with up to 3.50% APY right now, and savings accounts with up to 2.39% APY.
Rates haven't been this good in over a decade. If you have a good chunk of money you won't need for a while, and you don't want a guaranteed 2% to 3% loss due to inflation, these are good low risk options.
Our best CD Rates available for December 2018 (5-year term):
Updated December 28, 2018
PenFed Credit Union: 3.50% APY - $1,000 Minimum Deposit with Education Certificate options
Citizens Access: 3.15% APY - $5,000 Minimum Deposit with No Monthly Fees
Capital One 360: 3.10% APY - No Minimum Deposit with option to open multiple accounts at once
American Express National Bank: 3.10% APY - No Minimum Deposit with 10 day period for adding funds
Goldman Sachs Bank USA: 3.10% APY - $500 Minimum Deposit with wide range of CD terms
Synchrony Bank: 3.10% APY - $2,000 Minimum Deposit with loyalty benefits
Ally Bank: 3.10% APY - $25,000 Minimum Deposit with automatic renewal at maturity
https://www.bankrate.com/cd.aspx
Here are the best online savings accounts from Bankrate:
As of Friday, December 28, 2018
CIBC Bank USA: 2.39% APY - $1 Minimum Balance for APY. No Maintenance Fees.
CIT Bank: 2.25% APY - $100 Monthly Deposit or $25,000 Minimum Balance for APY. Initial Withdrawal Options.
Citizens Access: 2.25% APY - $5,000 Minimum Balance for APY. Mobile Fund Transfer Features.
Synchrony Bank: 2.20% APY - No Minimum Balance for APY. Great 24/7 Customer Support.
Barclays Bank: 2.20% APY - No Minimum Balance for APY. Low non-sufficient funds fee.
Live Oak Bank: 2.10% APY - No Minimum Balance for APY. Easy online sign-up.
American Express National Bank: 2.10% APY - $1 Minimum Balance for APY. Low Minimum Balance requirement.
E*TRADE Bank: 2.10% APY - $1 Minimum Balance for APY. Unlimited ATM Fee Refunds.
Marcus by Goldman Sachs: 2.05% APY - $1 Minimum Balance for APY. No Transaction Fees.
Ally Bank: 2.00% APY - No Minimum Balance for APY. Interest compounded daily.
Discover Bank: 2.00% APY - $0 Minimum Balance for APY. First-time bonus between $150-$200.
https://www.bankrate.com/banking/savings/rates/
-
https://www.cnbc.com/2018/12/14/ron-paul-market-meltdown-could-spark-depression-like-conditions.html
Following a -6,000+ point DROP in Dow, short cover rally @ 200dma (weekly)
“Rally” to declining 50dma/death cross expected.
Market failure at said level anticipated.
-NT
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
-
Here we are, on the final trading day of 2018, and once again no Dow crash came to 401K as Neurotoxin predicted back in 2016 and then again early this year.
Neurotoxin, if this is what you do for a living, you should find a different job.
U.S. stocks rose on the final trading day of 2018
https://www.wsj.com/articles/global-stocks-rise-to-end-turbulent-2018-11546247179
-
Here we are, on the final trading day of 2018, and once again no Dow crash came to 401K as Neurotoxin predicted back in 2016 and then again early this year.
Neurotoxin, if this is what you do for a living, you should find a different job.
U.S. stocks rose on the final trading day of 2018
https://www.wsj.com/articles/global-stocks-rise-to-end-turbulent-2018-11546247179
Lock this thread and allow it to fade away. Keeping it active would be cruel.
-
Lock this thread and allow it to fade away. Keeping it active would be cruel.
It ends at 11:59 PM today.
Tomorrow is a New Year.
-
It ends at 11:59 PM today.
Tomorrow is a New Year.
(https://i.gifer.com/origin/9c/9c69869e70e62c3beffabc1af3047363_w200.webp)
-
Beware.
I guess if you keep predicting a crash every year, you're bound to get it right eventually.
That's three years in a row your prediction failed.
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Don’t get sucked into current “short cover” rally.
Short-lived it will be.
-NT
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Don’t get sucked into current “short cover” rally.
Short-lived it will be.
-NT
Ah, 2018 has ended. Your predictions failed, again.
Happy New Year, Neurotoxin!
-
Not necessarily. By that logic you could say that getting into a vehicle to drive or ride anywhere is gambling every time, and therefore it makes you a gambler.
Also, being way too conservative with your money can be very risky too. Your money could lose value to inflation, or a retiree could run out of money too soon if inventing too conservatively, or not investing at all.
Prime,
There are good, legit, internet banks out there that offer CDs with up to 3.50% APY right now, and savings accounts with up to 2.39% APY.
Rates haven't been this good in over a decade. If you have a good chunk of money you won't need for a while, and you don't want a guaranteed 2% to 3% loss due to inflation, these are good low risk options.
Our best CD Rates available for December 2018 (5-year term):
Updated December 28, 2018
PenFed Credit Union: 3.50% APY - $1,000 Minimum Deposit with Education Certificate options
Citizens Access: 3.15% APY - $5,000 Minimum Deposit with No Monthly Fees
Capital One 360: 3.10% APY - No Minimum Deposit with option to open multiple accounts at once
American Express National Bank: 3.10% APY - No Minimum Deposit with 10 day period for adding funds
Goldman Sachs Bank USA: 3.10% APY - $500 Minimum Deposit with wide range of CD terms
Synchrony Bank: 3.10% APY - $2,000 Minimum Deposit with loyalty benefits
Ally Bank: 3.10% APY - $25,000 Minimum Deposit with automatic renewal at maturity
https://www.bankrate.com/cd.aspx
Here are the best online savings accounts from Bankrate:
As of Friday, December 28, 2018
CIBC Bank USA: 2.39% APY - $1 Minimum Balance for APY. No Maintenance Fees.
CIT Bank: 2.25% APY - $100 Monthly Deposit or $25,000 Minimum Balance for APY. Initial Withdrawal Options.
Citizens Access: 2.25% APY - $5,000 Minimum Balance for APY. Mobile Fund Transfer Features.
Synchrony Bank: 2.20% APY - No Minimum Balance for APY. Great 24/7 Customer Support.
Barclays Bank: 2.20% APY - No Minimum Balance for APY. Low non-sufficient funds fee.
Live Oak Bank: 2.10% APY - No Minimum Balance for APY. Easy online sign-up.
American Express National Bank: 2.10% APY - $1 Minimum Balance for APY. Low Minimum Balance requirement.
E*TRADE Bank: 2.10% APY - $1 Minimum Balance for APY. Unlimited ATM Fee Refunds.
Marcus by Goldman Sachs: 2.05% APY - $1 Minimum Balance for APY. No Transaction Fees.
Ally Bank: 2.00% APY - No Minimum Balance for APY. Interest compounded daily.
Discover Bank: 2.00% APY - $0 Minimum Balance for APY. First-time bonus between $150-$200.
https://www.bankrate.com/banking/savings/rates/
You are right, there are very few sure things in life as in death and taxes. I was thinking about financial investments only. Not routine things like driving a car. You advice regarding CD's is sound. In fact, some of my investment came from money I moved out of a CD.
Although it's not a sure thing, my retirement income is sound. Most of it is from guaranteed annuities with annual cost of living increases. Increases in SSI are minimal. The money I have in savings grows overtime because I add to it using excess income. Starting at age 70 1/2 as per the law, I've been taking the minimum required annual withdrawals from a couple of IRA accounts.
Before reaching my 40's I wasn't at all conservative. Both my wife and I quickly spent our various inheritances. Had we socked that money away, I'd be rich today. :(
-
I guess if you keep predicting a crash every year, you're bound to get it right eventually.
The same can be said for predicting a boom, which s a positive thinker, I prefer
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Don’t get sucked into current “short cover” rally.
Short-lived it will be.
-NT
Opinion unchanged.
-NT
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Short-lived it will be.
-NT
You are the Yoda of false predictions!
-
Opinion unchanged.
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
S&P 500 as of October 18, 2016 - 2140
S&P 500 Today - 2670
About a 25% increase in roughly a year and a half.
Neurotoxin, with that kind of stock market advice, I would have TWO WORDS for you.
(http://i2.wp.com/www.powerlineblog.com/ed-assets/2017/01/Youre-Fired.jpeg)
-
https://www.cnbc.com/2018/12/14/ron-paul-market-meltdown-could-spark-depression-like-conditions.html
Following a -6,000+ point DROP in Dow, short cover rally @ 200dma (weekly)
“Rally” to declining 50dma/death cross expected.
Market failure at said level anticipated.
-NT
Opinion unchanged.
-NT
-
Opinion unchanged.
-NT
(https://media1.tenor.com/images/4c269f2856317494973f89491db4bbd6/tenor.gif?itemid=10426552)
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Don’t get sucked into current “short cover” rally.
Short-lived it will be.
-NT
https://www.marketwatch.com/
Global Markets Tumble?
Coincidence?
Insider?
LARP?
-NT
-
https://www.marketwatch.com/
Global Markets Tumble?
Coincidence?
Insider?
LARP?
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
-
Is anyone buying up Apple right now?
-
Is anyone buying up Apple right now?
Buying individual stocks is a bad, bad idea. Buy low cost index funds instead.
Don't buy just the apple. Buy the whole fruit basket instead.
-
https://www.wsj.com/articles/corporate-profit-crunch-looms-as-stocks-slide-11546261258
Don’t get sucked into current “short cover” rally.
Short-lived it will be.
-NT
https://www.cnbc.com/
Dow DOWN -660 points
Nasdaq DOWN -202 points
-NT
-
Is anyone buying up Apple right now?
Didn't they stop releasing numbers on how many phones they sold? I would think that would have been a pretty strong warning sign that their market had changed.
-
Buying individual stocks is a bad, bad idea. Buy low cost index funds instead.
Don't buy just the apple. Buy the whole fruit basket instead.
I have a JP Morgan managed account split
44% Equity
49% Fixed and cash
and about 6.5% in another (unclassified)
But also have about 15-20 individual that I play with from about 6:30am till market close
-
I have a JP Morgan managed account split
44% Equity
49% Fixed and cash
and about 6.5% in another (unclassified)
But also have about 15-20 individual that I play with from about 6:30am till market close
"managed account"? You are getting raped by your fund manager with unnecessary fees, and his fund managing skills are no better than a monkey throwing darts at a board with stock picks.
15-20 individual stocks you play with all day? As long as you are already financially independent, or very soon to be, and you have spare money to throw away gambling, there's nothing wrong with that. Call it entertainment money.
Wish you best of luck!
-
Didn't they stop releasing numbers on how many phones they sold? I would think that would have been a pretty strong warning sign that their market had changed.
You'd think, but no, not really. When it comes to the stock market "Nobody knows nothing"
Apple's drop costs Warren Buffett $3.8 billion, adding to struggles for Berkshire portfolio
https://www.cnbc.com/2019/01/02/buffetts-berkshire-set-to-lose-about-2point8-billion-on-apples-after-market-drop-.html
-
Plunge Protection Team is SUPPORTING the market.
Expect a lot of up and down volatility w/ lower highs & lower lows.
-NT
-
Plunge Protection Team is SUPPORTING the market.
Expect a lot of up and down volatility w/ lower highs & lower lows.
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
-
https://www.cnbc.com/
Dow DOWN -660 points
Nasdaq DOWN -202 points
-NT
"The Dow ended the session up 746.94 points, or 3.3%, at 23,433.16 Meanwhile, the S&P 500 index SPX, +3.43% rose 3.4% at 2,531.94, while the Nasdaq was climbed 4.3% at 6,738.86."
https://www.marketwatch.com/story/stock-market-on-the-verge-of-panic-like-buying-as-dow-surges-nearly-700-points-2019-01-04
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
-
"The Dow ended the session up 746.94 points, or 3.3%, at 23,433.16 Meanwhile, the S&P 500 index SPX, +3.43% rose 3.4% at 2,531.94, while the Nasdaq was climbed 4.3% at 6,738.86."
https://www.marketwatch.com/story/stock-market-on-the-verge-of-panic-like-buying-as-dow-surges-nearly-700-points-2019-01-04
LOL
Neurotoxin's taking beating in his own thread.
-
.
-
https://www.zerohedge.com/news/2019-01-06/downturn-repeat-2008
-NT
-
https://www.zerohedge.com/news/2019-01-04/colliding-economic-cycle-again
-NT
-
https://www.zerohedge.com/news/2019-01-04/colliding-economic-cycle-again
-NT
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
-
“As an investor, you have a choice: you can be like the gamblers who try to beat the casino or you can be the casino by investing in total market index funds. It’s an easy choice, once your understand the odds.” -Taylor Larimore
-
“As an investor, you have a choice: you can be like the gamblers who try to beat the casino or you can be the casino by investing in total market index funds. It’s an easy choice, once your understand the odds.” -Taylor Larimore
Index funds will not protect you from a market crash.
Just so you are aware of this.
-
Index funds will not protect you from a market crash.
Just so you are aware of this.
You don't say. Neither will actively managed funds, or individual stock picking, or market timing.
Index funds will however protect you from high fees, concentration risk. overlap, and tax inefficiency due to high turnover.
-
You don't say. Neither will actively managed funds, or individual stock picking, or market timing.
Index funds will however protect you from high fees, concentration risk. overlap, and tax inefficiency due to high turnover.
Yes, you are right about those items certainly but when the market tanks indexers lose just like everybody else.
People who have not experienced severe market crashes in the past are in for a shock when it happens to them. It's an emotional experience.
Thus the smart practice of allocating investments between equities and bonds/cash. It's seems stupid when the market is climbing to hold low performing investments.
When the market tanks you are glad you did.
-
Yes, you are right about those items certainly but when the market tanks indexers lose just like everybody else.
People who have not experienced severe market crashes in the past are in for a shock when it happens to them. It's an emotional experience.
Thus the smart practice of allocating investments between equities and bonds/cash. It's seems stupid when the market is climbing to hold low performing investments.
When the market tanks you are glad you did.
If you have been reading my posts in this and other investment threads, I have said many times it's highly advisable to allocate:
A portion to a US total stock market index fund,
A portion to an Intentional total stock market index fund, and
A portion to a US total bond market index fund.
Contribute monthly, weekly or bi-weekly to these funds, rain or shine.
Contribute as much as possible.
Rebalance once a year, on a preset date, to bring your allocations back to target. That means if your target is 30% US stocks and they've grown to 50%, sell 20% and buy more of the International stock index fund , or the US bond market index fund, or both.
Do this long term, 20 to 30 years.
Keep 3 to 12 months worth of expenses or income in a high yield savings account, an Emergency Fund. How many months you keep, and whether it's expenses or income depends on personal preference, situation, and risk tolerance. You can even do a CD ladder if you have plenty of money there and know you won't need it for a long time.
Not sure what you mean by "stupid when the market is climbing to hold low performing investments." Sounds like market timing to me, and like you're suggesting selling low (low performing investments) and buying high(high performing investment).
How do you know the low performing investment won't climb as soon as yo sell it? How do you know the high performing investment won't crash as soon as you buy it? Nobody knows nothing. You've said it yourself.
Dollar-cost averaging and re-balancing once a year help the passive investor insure buying low and selling high.
-
If you have been reading my posts in this and other investment threads, I have said many times it's highly advisable to allocate:
A portion to a US total stock market index fund,
A portion to an Intentional total stock market index fund, and
A portion to a US total bond market index fund.
Contribute monthly, weekly or bi-weekly to these funds, rain or shine.
Contribute as much as possible.
Rebalance once a year, on a preset date, to bring your allocations back to target. That means if your target is 30% US stocks and they've grown to 50%, sell 20% and buy more of the International stock index fund , or the US bond market index fund, or both.
Do this long term, 20 to 30 years.
Keep 3 to 12 months worth of expenses or income in a high yield savings account, an Emergency Fund. How many months you keep, and whether it's expenses or income depends on personal preference, situation, and risk tolerance. You can even do a CD ladder if you have plenty of money there and know you won't need it for a long time.
Not sure what you mean by "stupid when the market is climbing to hold low performing investments." Sounds like market timing to me, and like you're suggesting selling low (low performing investments) and buying high(high performing investment).
How do you know the low performing investment won't climb as soon as yo sell it? How do you know the high performing investment won't crash as soon as you buy it? Nobody knows nothing. You've said it yourself.
Dollar-cost averaging and re-balancing once a year help the passive investor insure buying low and selling high.
Saving this...good stuff
-
If you have been reading my posts in this and other investment threads, I have said many times it's highly advisable to allocate:
A portion to a US total stock market index fund,
A portion to an Intentional total stock market index fund, and
A portion to a US total bond market index fund.
Contribute monthly, weekly or bi-weekly to these funds, rain or shine.
Contribute as much as possible.
Rebalance once a year, on a preset date, to bring your allocations back to target. That means if your target is 30% US stocks and they've grown to 50%, sell 20% and buy more of the International stock index fund , or the US bond market index fund, or both.
Do this long term, 20 to 30 years.
Keep 3 to 12 months worth of expenses or income in a high yield savings account, an Emergency Fund. How many months you keep, and whether it's expenses or income depends on personal preference, situation, and risk tolerance. You can even do a CD ladder if you have plenty of money there and know you won't need it for a long time.
Not sure what you mean by "stupid when the market is climbing to hold low performing investments." Sounds like market timing to me, and like you're suggesting selling low (low performing investments) and buying high(high performing investment).
How do you know the low performing investment won't climb as soon as yo sell it? How do you know the high performing investment won't crash as soon as you buy it? Nobody knows nothing. You've said it yourself.
Dollar-cost averaging and re-balancing once a year help the passive investor insure buying low and selling high.
What I meant was "some people think it's stupid".
I use the same strategy you do so I agree with you. I see that I came off as criticizing you but that was not my intention.
-
What I meant was "some people think it's stupid".
I use the same strategy you do so I agree with you. I see that I came off as criticizing you but that was not my intention.
Ah, got it. That makes sense. Your past posts on this subject showed you agreed with me on this, so I was surprised. My mistake.
-
Dow climbs more than 200 points to notch its first 3-day winning streak since November
https://www.cnbc.com/2019/01/08/stock-market-us-china-trade-talks-resume-economic-data-in-focus.html
-
"Don't just do something, stand there."
(https://inbestia.com/media/articulos/thumb/3e2481905050e039f9d3e47d99ad82c9d1a3af3e.jpg)
-
"Don't just do something, stand there."
(https://inbestia.com/media/articulos/thumb/3e2481905050e039f9d3e47d99ad82c9d1a3af3e.jpg)
LOL...Jack's tha man.
-
Dow and S&P 500 are on the brink of exiting a stock-market correction
A new year, a new market. The Dow Jones Industrial Average and the S&P 500 appear in position to exit correction territory if a multiday rally on risk assets continues apace.
The Dow DJIA, +0.39% and the S&P 500 SPX, +0.41% marked a fourth straight gain, at least partly attributed to optimism around three days of talks intended to resolve a protracted dispute around tariffs between China and the U.S., and growing signs that the Federal Reserve is ready to dial back what has been perceived as an aggressive rate-hike path.
https://www.marketwatch.com/story/dow-and-sp-500-are-on-the-brink-of-exiting-correction-territory-2019-01-09
-
Stock market marks 5th straight gain, Dow, S&P 500 exit correction
All three indexes produced a fifth consecutive finish in the green, which marked the lengthiest for the Dow since a similar period ended Oct. 3 and the longest string of gains for the S&P 500 since the period ended Sept. 14, according to FactSet data. The gains also helped to lift the Dow and the S&P 500 out of correction, defined as a drop of at least 10% from a recent peak.
https://www.marketwatch.com/story/stock-market-marks-5th-straight-gain-dow-sp-500-exit-correction-2019-01-10
-
Stock market marks 5th straight gain, Dow, S&P 500 exit correction
All three indexes produced a fifth consecutive finish in the green, which marked the lengthiest for the Dow since a similar period ended Oct. 3 and the longest string of gains for the S&P 500 since the period ended Sept. 14, according to FactSet data. The gains also helped to lift the Dow and the S&P 500 out of correction, defined as a drop of at least 10% from a recent peak.
https://www.marketwatch.com/story/stock-market-marks-5th-straight-gain-dow-sp-500-exit-correction-2019-01-10
Radio silence from Mons Venus/Neurotoxin.
-
Radio silence from Mons Venus/Neurotoxin.
Yup...LOL
-
The market has to go up so it can come down.
It's called "swing theory".
(https://www.byoplayground.com/image/product/Single-post-swing-greychain.jpg)
-
The market has to go up so it can come down.
It's called "swing theory".
(https://www.byoplayground.com/image/product/Single-post-swing-greychain.jpg)
And that's why educated, passive investors are not bothered by down markets, and in fact welcome them.
-
And that's why educated, passive investors are not bothered by down markets, and in fact welcome them.
If your close to retirement make sure you have enough in low risk to weather a storm.
-
If your close to retirement make sure you have enough in low risk to weather a storm.
Yup, crashes are great for young people already investing mostly if not all in stocks, but not so great for old soon to retire people doing the same.
-
US indexes hit one-month highs as Netflix leads tech rally
https://www.orlandosentinel.com/business/sns-bc-financial-markets-20190115-story.html
-
Did that NT guy jump from a window when his market crashed ???
-
Did that NT guy jump from a window when his market crashed ???
lol ;D
He will be back the minute the market drops.
I don't think he realizes we keep bumping this thread to laugh at him. Is that mean?
-
Craaaaaaaaap!!!!! Neurotoxin's wishes for a crash might soon come true. :(
"U.S. Representative Alexandria Ocasio-Cortez, part of a new crop of Democrats swept into office this year on a stronger liberal platform, said she is poised to serve on a key congressional panel overseeing Wall Street, a potential setback for the financial services industry."
(https://www.israellycool.com/wordpress/wp-content/uploads/alexandria_ocasio-cortez.jpg)
https://www.yahoo.com/news/rep-ocasio-cortez-says-serve-financial-services-panel-142930086--sector.html
-
Cortez - the gift that keeps on giving. What could go wrong when a radical socialist is on that committee?
-
Craaaaaaaaap!!!!! Neurotoxin's wishes for a crash might soon come true. :(
"U.S. Representative Alexandria Ocasio-Cortez, part of a new crop of Democrats swept into office this year on a stronger liberal platform, said she is poised to serve on a key congressional panel overseeing Wall Street, a potential setback for the financial services industry."
(https://www.israellycool.com/wordpress/wp-content/uploads/alexandria_ocasio-cortez.jpg)
https://www.yahoo.com/news/rep-ocasio-cortez-says-serve-financial-services-panel-142930086--sector.html
Let's take a look at her resume' before she was elected...
28 years old
waitress
Bartender
-
Let's take a look at her resume' before she was elected...
28 years old
waitress
Bartender
"Communist" is the only thing on her resume that matters.
-
Stocks close higher as strong bank earnings underpin blue-chip gains
https://www.marketwatch.com/story/us-stocks-poised-for-tepid-gains-as-earnings-roll-out-partial-shutdown-enters-26th-day-2019-01-16
Plunge Protection Team is SUPPORTING the market.
Expect a lot of up and down volatility w/ lower highs & lower lows.
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
-
"I'm dead"
(https://inbestia.com/media/articulos/thumb/3e2481905050e039f9d3e47d99ad82c9d1a3af3e.jpg)
-
RIP
-
A great man with principles.
RIP
-
Warren Buffett on "Person who has done most for American Investor" John Bogle of Vanguard Index Fund
2017
Warren Buffet:
"Jack Bogle has probably done more for the American investor than any man in the country.
when Jack started, very few people, and certainly Wall Street, did not applaud him. And he was the subject of some derision and a lot of attacks. And now, we’re talking trillions when we get into index funds …
I estimate that Jack, at a minimum, has saved, left in the pockets of investors without hurting them overall in terms of performance at all, gross performance,...He’s put tens, and tens, and tens, of billions into their pockets. And those numbers are going to be hundreds and hundreds of billions over time."
John Clifton "Jack" Bogle (May 8, 1929 – January 16, 2019)
(https://inbestia.com/media/articulos/thumb/3e2481905050e039f9d3e47d99ad82c9d1a3af3e.jpg)
-
https://www.hussmanfunds.com/comment/observations/obs181226/
For those on GB who can actually read.
-NT
Illegal Alien Troll in 3...2...1.... 👇🏼
-
https://about.vanguard.com/who-we-are/a-remarkable-history/founder-Jack-Bogle-tribute/
-
https://www.hussmanfunds.com/comment/observations/obs181226/
For those on GB who can actually read.
-NT
Illegal Alien Troll in 3...2...1.... 👇🏼
Horrible at predicting stock market crashes. ^^^
-
The stock market hasn’t started a year this strongly since 1987 — uh-oh!
https://www.marketwatch.com/story/small-cap-stocks-are-off-to-the-best-start-to-a-year-since-1987-uh-oh-2019-01-17
Stocks - Dow Closes Higher Despite U.S.-China Trade Uncertainty
https://www.investing.com/news/stock-market-news/stocks--dow-closes-higher-despite-uschina-trade-uncertainty-1750279
Wall Street advances as industrials jump on trade hopes
https://www.investing.com/news/stock-market-news/futures-down-after-morgan-stanley-results-trade-worries-1749705
-
I'm still up in my 401, am I missing something here?
-
I’m up almost $5200 this week. Thanks Neurotoxin
-
Dow jumps more than 300 points, posts first 4-week winning streak since August
https://www.cnbc.com/2019/01/18/stocks-us-china-trade-talks-take-center-stage-shutdown-earnings.html
(https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2016/07/22/103810089-GettyImages-487193120.720x405.jpg?v=1469192642)
-
Trolls. ☝🏽
They are desperate for attention.
They waste endless time looking for reason to become relevant.
-NT
Trolls in 3....2....1 👇🏼
-
Trolls. ☝🏽
They are desperate for attention.
They waste endless time looking for reason to become relevant.
-NT
Trolls in 3....2....1 👇🏼
Without us, you would be irrelevant. ;)
-
-NT
Illegal Alien Troll in 3....2....1 👇🏼👇🏼
-
-NT
Illegal Alien Troll in 3....2....1 👇🏼👇🏼
(https://cdn.images.express.co.uk/img/dynamic/78/590x/secondary/Barack-Obama-586310.jpg)
-
-NT
Illegal Mexican Troll in 3....2....1 👇🏼👇🏼👇🏼
-
(https://fw-d7-freedomworks-org.s3.amazonaws.com/field/image/1100.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
-
Illegal Mexican Troll follows NT like a bitch.☝🏽☝🏽☝🏽
-NT
Illegal Mexican Troll in 3.....2.....1 👇🏼👇🏼👇🏼
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(https://media1.tenor.com/images/4c269f2856317494973f89491db4bbd6/tenor.gif?itemid=10426552)
-
https://www.cnbc.com/2018/12/14/ron-paul-market-meltdown-could-spark-depression-like-conditions.html
Following a -6,000+ point DROP in Dow, short cover rally @ 200dma (weekly)
“Rally” to declining 50dma/death cross expected.
Market test at said level anticipated.
-NT
Testing above levels TODAY. :-*
$SPX must hold 50ma. If so, we test 200ma to upside @ 273.00
-NT
Desperate Troll in 3....2...1... 👇🏼👇🏼👇🏼
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://i2.wp.com/www.powerlineblog.com/ed-assets/2017/01/Youre-Fired.jpeg)
-
Testing above levels TODAY. :-*
$SPX must hold 50ma. If so, we test 200ma to upside @ 273.00
-NT
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
SPY tested 50ma (support) & held. (261.00)
Potential upside move >> SPX 273.00
Major tech support SPY 233.00
-NT
-
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
Well duh. That's the only time you post in this comedic thread.
-
-NT
-
-NT
Fixed.
How in the world can you expect to make any accurate stock market predictions when you can't even post a YouTube video on Getbig.com property.
-
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
SPY tested 50ma (support) & held. (261.00)
Potential upside move >> SPX 273.00
Major tech support SPY 233.00
-NT
https://www.zerohedge.com/news/2019-01-23/global-rally-returns-markets-fade-trade-fears-dollar-slides
SPY target = 273.00 ( 200ma)
-NT
-
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
SPY tested 50ma (support) & held. (261.00)
Potential upside move >> SPX 273.00
Major tech support SPY 233.00
-NT
Dude, are you going to post stupid shit everytime the markets drop.....first thing upon opening?
-
Neurotoxin. Tell us again how the markets ended the day again?
-
Neurotoxin. Tell us again how the markets ended the day again?
He won't.
U.S. Shares Finish Higher After Earnings Reports
Jan. 23, 2019 4:12 p.m. ET
https://www.wsj.com/articles/global-stocks-waver-after-rally-peters-out-11548234901
-
U.S. Stocks End the Week With Gains
U.S. stocks rose Friday, recouping much of their losses from earlier in the week, as mostly positive earnings results and a report that the Federal Reserve will maintain a larger portfolio of Treasury securities helped boost investor sentiment.
https://www.wsj.com/articles/global-stocks-jump-to-end-a-bumpy-week-11548406150
-
Did we crash yet ???
-
Did we crash yet ???
I don't know about you, but I 'crashed' out. :)
-
Dow surges more than 400 points to above 25,000
(https://fm.cnbc.com/applications/cnbc.com/resources/img/editorial/2016/07/22/103810089-GettyImages-487193120.720x405.jpg?v=1469192642)
https://www.cnbc.com/2019/01/30/stock-market-wall-street-focus-on-fed-rate-decision.html
-
I'm still retired... can't be that bad
-
I'm still retired... can't be that bad
Just be sure to die soon.
-
https://www.cnbc.com/2019/02/01/stock-market-payrolls-data-earnings-in-focus-.html
:D
-
https://www.cnbc.com/2018/12/14/ron-paul-market-meltdown-could-spark-depression-like-conditions.html
Following a -6,000+ point DROP in Dow, short cover rally @ 200dma (weekly)
“Rally” to declining 50dma/death cross expected.
Market failure at said level anticipated.
-NT
Neurotoxin,
So when is this Dow Crash to 401k in 2018 gonna happen?
(https://media1.tenor.com/images/a8fffcf7a02aa895eefb6a52be888637/tenor.gif?itemid=11570520)
-
Neurotoxin,
So when is this Dow Crash to 401k in 2018 gonna happen?
(https://media1.tenor.com/images/a8fffcf7a02aa895eefb6a52be888637/tenor.gif?itemid=11570520)
lol ;D
El Profeta the market was up today, so you will not hear a peep from Mons Venus.
-
I'm very happy after looking at my 401K today. January was a great month. But, last January was also great. The rest of the year however was the fucking pits. Lets hope history doesn't repeat.
-
I'm very happy after looking at my 401K today. January was a great month. But, last January was also great. The rest of the year however was the fucking pits. Lets hope history doesn't repeat.
I'm with you on that. Oregon PERS depends on good investment returns to lower their current unfunded liability, which happened following the crash of 2008.
-
I'm very happy after looking at my 401K today. January was a great month. But, last January was also great. The rest of the year however was the fucking pits. Lets hope history doesn't repeat.
January was the only great month in 2018 for your portfolio maybe, however you have it allocated.
2018 was a great year for US stocks up until the last three months of the year. You may want to revisit your allocations.
-
Why does "Neurotoxin" abruptly avoid posting when the market does well?
Why does he only post when it slumps?
In the short term, the stock market is completely unpredictable, despite "experts" who've successfully predicted a major turn or two by chance.
Statistically, the stock market has returned an average of 9-10% per year over more than a century. Volatility makes these figures deceptive, and it's not uncommon for the market to fall 20-50% every few years. On average, the market is "down" about one in every four years. The good news is the market has MADE MONEY about three out of every four years!
Investors just need to remain realistic, rational, and avoid excessive risks when stocks tumble.
-
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
SPY tested 50ma (support) & held. (261.00)
Potential upside move >> SPX 273.00
Major tech support SPY 233.00
-NT
SPY- 233.00- 273.00
Nice call NT!
Profit = 40 points. 8)
That was EASY money.
Hahahaaaaaaaa!!!!!
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(https://media1.tenor.com/images/a8fffcf7a02aa895eefb6a52be888637/tenor.gif?itemid=11570520)
-
SPY- 233.00- 273.00
Nice call NT!
Profit = 40 points. 8)
That was EASY money.
Hahahaaaaaaaa!!!!!
-NT
Getting ABOVE 200ma is Key. (SPY 273.94)
The Easy work is over, this is where things get tough.
233-273 = Easy money.
-NT
-
Getting ABOVE 200ma is Key. (SPY 273.94)
The Easy work is over, this is where things get tough.
233-273 = Easy money.
-NT
Major resistance @ 273.94
Be careful LONG right now.
-NT
-
Major resistance @ 273.94
Be careful LONG right now.
-NT
https://www.zerohedge.com/news/2019-02-06/sp-stalls-key-technical-level-earnings-expectations-crash-6-month-lows
-NT
-
Getting ABOVE 200ma is Key. (SPY 273.94)
The Easy work is over, this is where things get tough.
233-273 = Easy money.
-NT
https://www.zerohedge.com/news/2019-02-06/sp-stalls-key-technical-level-earnings-expectations-crash-6-month-lows
-
I saw Mons Venus/Neurotoxin posted in this thread and thought: the market must have dropped today.
Sure enough:
Market Summary > Dow Jones Industrial Average
Follow
INDEXDJX: .DJI
25,390.30 −21.22 (0.084%)
Feb 6, 5:05 PM EST
-
January was the only great month in 2018 for your portfolio maybe, however you have it allocated.
2018 was a great year for US stocks up until the last three months of the year. You may want to revisit your allocations.
I revisited last years returns. January was by far my best month. The next 8 were ok. You are correct though, the final three were brutal. Overall, 2018 was the worst year since 2008.
-
Getting ABOVE 200ma is Key. (SPY 273.94)
The Easy work is over, this is where things get tough.
233-273 = Easy money.
-NT
https://www.zerohedge.com/news/2019-02-07/global-stocks-slide-dollar-spikes-italian-bonds-tumble
No shit?
SPY 233.00-273.00 = EASY MONEY
Not anymore.
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media1.tenor.com/images/a8fffcf7a02aa895eefb6a52be888637/tenor.gif?itemid=11570520)
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(https://media1.tenor.com/images/a8fffcf7a02aa895eefb6a52be888637/tenor.gif?itemid=11570520)
-
Hey FAGS, NT likes Cannabis Sector as a “long-term” investment.
Since many of you FAGS are “technical analysts”, you’ll know exactly where to enter.
-NT
-
Hey FAGS, NT likes Cannabis Sector as a “long-term” investment.
Since many of you FAGS are “technical analysts”, you’ll know exactly where to enter.
-NT
(http://proudemocrat.com/wp-content/uploads/2017/03/barack-obama-what-did-you-say.png)
-
(http://proudemocrat.com/wp-content/uploads/2017/03/barack-obama-what-did-you-say.png)
lol ;D
-
^^^^^^
Ok FAGS, hope you’re paying attention.
Major resistance: 273.00
https://www.cnbc.com/
-NT
Knock it off with the "fag" stuff. Just stick to your lousy predictions.
-
Knock it off with the "fag" stuff. Just stick to your lousy predictions.
No doubt NT touched a nerve w/ Dos-bag :-*
-NT
-
No doubt NT touched a nerve w/ Dos-bag :-*
-NT
Not really. Just maintaining some level of decency. You can continue to make your failed predictions without that crap.
-
Hey FAGS, NT likes Cannabis Sector as a “long-term” investment.
Since many of you FAGS are “technical analysts”, you’ll know exactly where to enter.
-NT
Up your ass and to the left ???
*sorry Dos, had to
-
Up your ass and to the left ???
*sorry Dos, had to
FAGS like chaos feeling butt hurt?
Sorry Dos, had to
-NT
-
Major resistance @ 273.94
Be careful LONG right now.
-NT
^^^^^^^^^^
https://www.cnbc.com/
Dow DOWN 225.00 points YESTERDAY.
More downside expected.
You’re welcome BOYS.
-NT
-
Not really. Just maintaining some level of decency. You can continue to make your failed predictions without that crap.
Level of decency? What would you know about that Dos-bag?
You are nothing but a TROLL pretending to be a BIGSHOT moderator.
Your parents must be very proud of your “worldly achievements.”
The last time NT was on GB was nearly a DECADE ago & YOU were here. That says everything you need to know about your PATHETIC life.
Now get back to analyzing MENS thongs....TROLL.
-NT
-
https://www.marketwatch.com/story/dow-futures-drop-nearly-200-points-as-growth-trade-worries-fester-2019-01-22
Dow dropped -301 today. ( meaningless)
SPY tested 50ma (support) & held. (261.00)
Potential upside move >> SPX 273.00
Major tech support SPY 233.00
-NT
Jan 22 2019 ^^^^^^
https://www.cnbc.com/2019/02/07/earnings-recession-fears-wall-street-three-experts-weigh-in-what-next.html
BOYS, focus on SPY 273.00 ( resistance)
If unable to breakout, we continue to head LOWER.
-NT
-
Level of decency? What would you know about that Dos-bag?
You are nothing but a TROLL pretending to be a BIGSHOT moderator.
Your parents must be very proud of your “worldly achievements.”
The last time NT was on GB was nearly a DECADE ago & YOU were here. That says everything you need to know about your PATHETIC life.
Now get back to analyzing MENS thongs....TROLL.
-NT
Why u mad tho? Is it because you suck at predicting the market?
Yes I've been posting here a long time Mons Venus. Long enough to remember you lying about serving in combat multiple times. I think it was headhunter that outed you? I should dig those up. lol
I've also been here long enough to remember you being 9-11 Troofer, claiming the U.S. government conspired with foreign terrorists to attack us on 9-11.
But thanks for being here. Seeing loco troll you and your miserable stock predictions is pretty darn funny. ;D
-
^^^^^^^^^^^^^^^
Gay troll BEGGING for NT’s crotch pictures.
I don’t care that you’re gay Dos-Bag.
The answer is NO!!
** Financial information only **
-NT
::)
-
https://mjobserver.com/pro/pro-filings-show-u-s-funds-have-been-dumping-millions-into-aurora/
-NT
-
Major resistance @ 273.94
Be careful LONG right now.
-NT
https://www.cnbc.com/
SPY MUST breach UPSIDE of 273.00 for rally to continue.
200ma is KEY.
Get above >>>Higher Market
Stay below>>>Lower Market
-NT
-
I feel bad for chicken little, he so wants the market to crash so he can be right but it just isn't going his way. :(
-
I feel bad for chicken little, he so wants the market to crash so he can be right but it just isn't going his way. :(
LOL
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://www.memezero.com/media/memes/735.jpg)
-
Major resistance @ 273.94
Be careful LONG right now.
-NT
https://www.cnbc.com/
SPY must break thru RESISTANCE @ 273.00 for sustainable rally moving forward.
Market down 4 Consecutive days since striking 273.00
Easy work is over, just as NT predicted. (233.00- 273.00)
You’re welcome.
-NT
-
https://www.cnbc.com/
SPY must break thru RESISTANCE @ 273.00 for sustainable rally moving forward.
Market down 4 Consecutive days since striking 273.00
Easy work is over, just as NT predicted. (233.00- 273.00)
You’re welcome.
-NT
LOL!
-
-
A getbigger waiting since 2016 for Neurotoxin's Dow crash to 401K:
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
-
A getbigger waiting since 2016 for Neurotoxin's Dow crash to 401K:
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
;D
-
Something tells me Neurotoxin won't be posting in this thread today.
https://www.cnbc.com/us-markets/
-
https://www.cnbc.com/
SPY MUST breach UPSIDE of 273.00 for rally to continue.
200ma is KEY.
Get above >>>Higher Market
Stay below>>>Lower Market
-NT
https://www.marketwatch.com/story/us-stock-futures-climb-as-lawmakers-reach-tentative-shutdown-deal-2019-02-12
Great day today. Need to hold 200sma now. If held, testing high of SPY 293.00 is in sight.
Spy closed @ 274.12
Major resistance 273.94
-NT
-
https://www.marketwatch.com/story/us-stock-futures-climb-as-lawmakers-reach-tentative-shutdown-deal-2019-02-12
Great day today. Need to hold 200sma now. If held, testing high of SPY 293.00 is in sight.
Spy closed @ 274.12
Major resistance 273.94
-NT
1) Market above 200sma (273.94)
2) No evidence of Russian/Trump collusion w/ Senate Intelligence committee
3) No government shutdown
4) Market should react favorably, & move HIGHER
5) SPY- 293.00 is NOW possible
-NT
-
1) Market above 200sma (273.94)
2) No evidence of Russian/Trump collusion w/ Senate Intelligence committee
3) No government shutdown
4) Market should react favorably, & move HIGHER
5) SPY- 293.00 is NOW possible
-NT
So.....no Dow crash coming to 401k in 2018?
-
https://www.marketwatch.com/story/the-nasdaq-is-on-pace-to-end-its-longest-bear-market-in-nearly-30-years-2019-02-13
Worst BEAR Market in 30 years.
End of “2018” BEAR Market in Nasdaq should lift all indices.
Breakout above 200sma will be KEY.
-NT
-
https://www.marketwatch.com/story/the-nasdaq-is-on-pace-to-end-its-longest-bear-market-in-nearly-30-years-2019-02-13
Worst BEAR Market in 30 years.
End of “2018” BEAR Market in Nasdaq should lift all indices.
Breakout above 200sma will be KEY.
-NT
https://www.cnbc.com/
Breakout today?
-NT
-
Focus on QQQ. It needs to break ABOVE 172.16 to move OVERALL Market higher.
-NT
-
So WTF's this thread supposed to be about now?
-
Market will go nowhere unless we break through 172.16 - QQQ
-NT
-
Market will go nowhere unless we break through 172.16 - QQQ
-NT
-
Market will go nowhere unless we break through 172.16 - QQQ
-NT
https://www.cnbc.com/
QQQ’s unable to break through 172.16
-NT
-
So WTF's this thread supposed to be about now?
Nerdotoxin regurgitating stock tips from the internet.
-
So WTF's this thread supposed to be about now?
We always need comic relief in the face of so much drama and bad news. :)
-
https://www.cnbc.com/
QQQ’s unable to break through 172.16
-NT
Breakout 172.16 ( QQQ )
Opinion unchanged
-NT
-
Focus on QQQ. It needs to break ABOVE 172.16 to move OVERALL Market higher.
-NT
Is Friday breakout day?
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
Is Friday breakout day?
-NT
https://www.marketwatch.com/
Answer: Yes
-NT
-
https://www.cnbc.com/
SPY MUST breach UPSIDE of 273.00 for rally to continue.
200ma is KEY.
Get above >>>Higher Market
Stay below>>>Lower Market
-NT
https://www.marketwatch.com/
SPY 273.94 breaks ABOVE 200sma. (resistance)
Anticipated rally follows.
-NT
-
Should rename thread "Chicken Littles regurgitated stock advice (2018)"
-
SPY breakout @ 273.94 results in +440 point rally.
Lucky guess.
-NT
-
Is Friday breakout day?
-NT
Lucky guess. ;)
-NT
-
Lucky guess. ;)
-NT
100% lucky since no one can predict the markets from day to day let alone from year to year. I also believe that the fed said there will be no interest hikes this year.
-
When is this Dow crash coming? 2050???
-
When is this Dow crash coming? 2050???
You'll know it's close when your barber starts giving stock market advices.
(http://4.bp.blogspot.com/-1CYGBcMt7Cc/UthZolmRdaI/AAAAAAAACAU/C853Kz6iP2c/s1600/barber-shop-two-0011.jpg)
-
I don't have a barber.
-
I don't have a barber.
Well then, when the supermarket cashier gives you advices.
-
$SPX resistance = 2800
-NT
-
$SPX- 2800 or bust
-NT
-
$SPX- 2800 or bust
-NT
$SPX closed @ 2803
Must breakout to test all-time highs.
-NT
-
$SPX- 2800 or bust
-NT
https://www.cnbc.com/
$SPX unable to break above 2800.
Exercise caution.
-NT
-
$SPX- 2800 or bust
-NT
Opinion unchanged.
-NT
-
https://www.cnbc.com/
$SPX unable to break above 2800.
Exercise caution.
-NT
https://www.marketwatch.com/story/stock-futures-point-to-lower-start-ahead-of-jobless-claims-ecb-statement-2019-03-07
-NT
-
$SPX- 2800 or bust
-NT
https://www.cnbc.com/2019/03/07/us-households-see-biggest-decline-in-net-worth-since-the-financial-crisis.html
No breakout @ 2800 = Market failure
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
My point exactly, when exactly is this crash coming? If you constantly predict a crash you are going to be right every 20 years. ::)
-
https://www.zerohedge.com/news/2019-03-08/nobody-believes-market-2019-now-worst-year-stock-outflows-2008
Food for thought.
-NT
PS, focus on $SPX 2800. Make or break Market #.
-
My point exactly, when exactly is this crash coming? If you constantly predict a crash you are going to be right every 20 years. ::)
;D
-
https://www.cnbc.com/2019/03/07/us-households-see-biggest-decline-in-net-worth-since-the-financial-crisis.html
No breakout @ 2800 = Market failure
-NT
https://www.marketwatch.com/story/us-stock-futures-drop-as-gloomy-china-trade-report-adds-to-global-growth-fears-2019-03-08
-NT
-
03/12/2019 6:00 AM CT
https://www.cnbc.com/us-markets/
-
03/12/2019 6:00 AM CT
https://www.cnbc.com/us-markets/
Is that the crash we've all been waiting for ???
-
I come to this thread for two reasons: (1) to see when the next crash is supposed to happen, that was predicted by Mons Venus to occur in 2016, and 2017, and 2018; and (2) to laugh at El Profeta (aka loco) pointing out what a failed prognosticator Mons Venus is.
-
I'm predicting a HUGE HUGE crash within the next 20 years. Thank me now.
-
$SPX closed @ 2803
Must breakout to test all-time highs.
-NT
$SPX closed today @ 2810
$SPX 2018 High = 2940
Still struggling >> breakout.
-NT
-
https://mjobserver.com/pro/pro-filings-show-u-s-funds-have-been-dumping-millions-into-aurora/
-NT
Aurora up 15% today, 20% this week. 😉
-NT
-
Aurora up 15% today, 20% this week. 😉
-NT
only 1 billion in market cap added per dollar!
-
Aurora up 15% today, 20% this week. 😉
-NT
https://realmoney.thestreet.com/investing/aurora-cannabis-could-triple-in-the-months-ahead-14895311
Lucky guess. 😉
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
AVOID Facebook stock.
-NT
-
https://www.barrons.com/articles/aurora-cannabis-stock-can-surge-with-new-partnerships-analyst-says-51552658489
For your reading pleasure.
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
;D
-
https://mjobserver.com/pro/pro-filings-show-u-s-funds-have-been-dumping-millions-into-aurora/
-NT
$ACB UP 40% since ^^^ post.
Up +6.9% TODAY, 26% this week.
Congrats to my loyal followers, you know who you are.
-NT
-
$ACB UP 40% since ^^^ post.
Up +6.9% TODAY, 26% this week.
Congrats to my loyal followers, you know who you are.
-NT
(https://tvbtn.files.wordpress.com/2012/12/doomsday_prep_sml_main420_17vc2r4-17vc2su-350x250.jpg)
-
https://midasletter.com/2019/03/aurora-cannabis-inc-tseacb-secures-an-elite-strategic-advisor-to-its-ranks/
Interesting read.
-NT
-
(https://tvbtn.files.wordpress.com/2012/12/doomsday_prep_sml_main420_17vc2r4-17vc2su-350x250.jpg)
:D
-
https://insiderfinancial.com/aurora-cannabis-inc-nyseacb-canopy-growth-corp-nysecgc/178065/
NT’s pick: ACB
-NT
-
$SPX closed @ 2803
Must breakout to test all-time highs.
-NT
$SPX holding firm @ 2834.00 & building momentum.
$SPX 2940.00 ( all time high) is in sight.
-NT
-
https://insiderfinancial.com/aurora-cannabis-inc-nyseacb-canopy-growth-corp-nysecgc/178065/
NT’s pick: ACB
-NT
https://www.tickerreport.com/banking-finance/4231529/aurora-cannabis-acb-upgraded-to-buy-by-valuengine.html
Better late then never.
-NT
-
https://www.fool.com/investing/2019/03/19/the-fine-print-in-aurora-cannabis-deal-with-billio.aspx
Motley Fool following NT’s lead?
-NT
-
1) Market above 200sma (273.94)
2) No evidence of Russian/Trump collusion w/ Senate Intelligence committee
3) No government shutdown
4) Market should react favorably, & move HIGHER
5) SPY- 293.00 is NOW possible
-NT
Opinion unchanged.
-NT
-
https://mjobserver.com/pro/pro-filings-show-u-s-funds-have-been-dumping-millions-into-aurora/
-NT
February 8th 2019.
UP +40% since post?
Pure luck.
-NT
-
Markets are reeling after a 'bizarre' Fed surprise - Business Insider
Fed: “Zero rate hikes in 2019, only ONE in 2020.”
Zero hikes = Should help levitate Market.
-NT
-
Markets are reeling after a 'bizarre' Fed surprise - Business Insider
Fed: “Zero rate hikes in 2019, only ONE in 2020.”
Zero hikes = Should help levitate Market.
-NT
https://www.cnbc.com/2019/03/21/stock-market-equities-react-to-fed-meeting-jobless-numbers-in-focus.html
Dow up 214.00 points.
Fed gave Market a gift.
$SPX 294.00 >>>Target
-NT
-
$SPX closed Friday @ 2800 ( Critical support)
Exercise caution right now.
If breached to downside, a selloff may ensue.
DOW down - 460 points
NASDAQ -196 points
-NT
-
Any way we can lock this thread? It's 2019 for a few months now, isn't there a 2019 version?
-
Any way we can lock this thread? It's 2019 for a few months now, isn't there a 2019 version?
Last I read, the market suffered another downturn. This could be nothing or a glimpse into the future. Either way, I agree that the thread title shoud be updated.
-
Last I read, the market suffered another downturn. This could be nothing or a glimpse into the future. Either way, I agree that the thread title shoud be updated.
It goes up or down every day ::) lol @ "suffered"
-
It goes up or down every day ::) lol @ "suffered"
Suffered: something bad or unpleasant. You don't agree that when your investments decrease in value it is bad or unpleasant? Yes,the market changes on a daily basis. I allowed for that in my post. I wasn't predicting the future, I was making a statement about the present (that particular day).
-
Last I read, the market suffered another downturn. This could be nothing or a glimpse into the future. Either way, I agree that the thread title shoud be updated.
No shiitte, Sherlock. Last I saw, it rained yesterday. It might rain again today, or tomorrow, but maybe not. ::)
-
No shiitte, Sherlock. Last I saw, it rained yesterday. It might rain again today, or tomorrow, but maybe not. ::)
So, I take it that we agree.
-
So, I take it that we agree.
(https://media1.tenor.com/images/949f42b13894d3865614b1e08d7177db/tenor.gif)
-
$SPX 2798 - close today.
We are now BELOW critical 2800.
Caution.
-NT
-
You guys and your idiotic doomsday prophecies...
Yes - When the market experiences a downswing, that is a predictor of future performance.
And, when the market experiences an UPswing, that is also a predictor of future performance.
That's because the fucking stock market goes up AND down CONTINUALLY. It always has, and it always will.
Statistically, the stock market has returned an average of 9-10% per year over more than a century. Volatility makes these figures deceptive, and it's not uncommon for the market to fall 20-50% every few years. On average, the market is "down" about one in every four years. The good news is the market has MADE MONEY about three out of every four years!
Investors just need to remain realistic, rational, and avoid excessive risks when stocks tumble.
-
Why does this thread still exist ??? It's 2019!!
-
Why does this thread still exist ??? It's 2019!!
Good question. And by this time, if you haven't figured out the DOW is almost irrelevant in investing, you probably aren't serious about it.
-
Why does this thread still exist ??? It's 2019!!
Did you notice prime tried extending its "relevance" by modifying the title to include 2019 in his post?
Changing "facts" until they fit your agenda...
Typical.
-
You guys and your idiotic doomsday prophecies...
Yes - When the market experiences a downswing, that is a predictor of future performance.
And, when the market experiences an UPswing, that is also a predictor of future performance.
That's because the fucking stock market goes up AND down CONTINUALLY. It always has, and it always will.
Eggxactly!
The stock market will fluctuate. Mark my words!
- El Profeta
-
Did you notice prime tried extending its "relevance" by modifying the title to include 2019 in his post?
Changing "facts" until they fit your agenda...
Typical.
LOL
-
Did you notice prime tried extending its "relevance" by modifying the title to include 2019 in his post?
Changing "facts" until they fit your agenda...
Typical.
I hadn't noticed but lol ;D
-
I hadn't noticed but lol ;D
That's why you can't take him and people like him seriously.
ZERO credibility.
ZERO backbone.
-
S&P 500 posts best three-month start to the year since 1998
https://www.google.com/amp/s/finance.yahoo.com/amphtml/news/stock-market-news-march-29-2019-124211144.html
-
I predict the stock market will rise and fall again.
Count on it.
-
What do you guys think of Vanguards relatively new admiral share VTWAX (Total World Stock Index Fund)? I know this isn't specifically an investing thread but there is a lot of great info in here. On Bogleheads, quite a few are recommending that now instead of the three fund approach.
-
What do you guys think of Vanguards relatively new admiral share VTWAX (Total World Stock Index Fund)? I know this isn't specifically an investing thread but there is a lot of great info in here. On Bogleheads, quite a few are recommending that now instead of the three fund approach.
The USA is the place to be for investing because of it's political system and reliability of financial information.
Major US corps generally do plenty of foreign business so why seek additional exposure?
My opinion.
-
Who changed the thread title? LOL! ;D
S&P 500 and Nasdaq rally to record closing highs after strong earnings from broad range of companies
PUBLISHED TUE, APR 23 2019
Fred Imbert
@FOIMBERT
This year could be one of significant market rotation, says expert
The S&P 500 and Nasdaq Composite rallied on Tuesday to notch record closing highs as Wall Street cheered stronger-than-expected quarterly profits from some of the largest publicly traded U.S. companies.
The broad index closed 0.9% higher at 2,933.68, topping its previous record close of 2,930.75. The S&P 500 also ended the day just below its intraday record of 2,940.91. The Nasdaq closed up 1.3% at 8,120.82. The Dow Jones Industrial Average, meanwhile, gained 145.34 points to close at 26,656.39 and was 1.1% from an all-time high.
Tuesday’s move toward an all-time closing high comes less than six months after a sharp decline in late December, which led the S&P 500 to its worst annual performance since 2008. But stocks quickly turned around as the Federal Reserve reversed course on monetary policy while the tone around U.S.-China trade talks improved.
. . . .
https://www.cnbc.com/2019/04/23/stock-market-us-ends-all-exemptions-from-iran-oil-sanctions.html
-
Did you notice prime tried extending its "relevance" by modifying the title to include 2019 in his post?
Changing "facts" until they fit your agenda...
Typical.
That was so covert of me. I'm incredibly surprised you noticed. ::) Just so you know, most of the posts here in 2019 were made by folks other than me. Folks like yourself. Seems more like ya'll are the ones desperately trying to extend the threads relevance.
-
That was so covert of me. I'm incredibly surprised you noticed. ::) Just so you know, most of the posts here in 2019 were made by folks other than me. Folks like yourself. Seems more like ya'll are the ones desperately trying to extend the threads relevance.
Just so you know, the CONTEXT (that thing you always so willfully and conveniently dodge) of my post you quoted was in response to chaos’ question of why a thread predicting a “Dow Crash” in 2018 was still being debated since there was obviously never a “crash.”
“Folks like myself” laughed at you (as usual) when you changed the title of your post/reply to include 2019 because it seemed like a characteristically pathetic attempt to extend the “deadline” of the predicted “crash.”
…which was kind of humorous because it gave the thread NEW relevance in the form of your ever-burgeoning patheticness.
Chaos then changed the dates in the title of his reply, but only to mock your idiocy - not that additional demonstration was needed, but it was amusing none the less.
I’m incredibly unsurprised you didn’t pick up on any of this because stupid people are the hardest to insult secondary to their obliviousness - which explains why “folks like yourself” (you and coward) can never be shamed into leaving this board. Seems more like ya’ll are too dumb to realize HOW dumb ya’ll are.
P.S. - Did you purchase your newfound “intermittent southern dialect” from the same place as Hillary? I'm not sure how it sounds, but it looks very legit in print.
-
Know thyself and your tolerance for risk.
If you are like Prime with zero risk tolerance, keep your money in an FDIC insured savings account or CDs, or buy an annuity from a AAA rated insurance company.
Do not over-estimate your risk tolerance.
-
Game over douchbags!
-NT
-
Game over douchbags!
-NT
(http://rs551.pbsrc.com/albums/ii452/bluecynder/f_untitledmvm_4b54bbb-1.png~c200)
-
Game over douchbags!
-NT
Stock market’s value under Trump has grown by $6.9 trillion to $30.6 trillion
PUBLISHED THU, JAN 18 2018
Patti Domm
@PATTIDOMM
KEY POINTS
The stock market has added $6.9 trillion in market cap since Donald Trump was elected president.
That is already nearly half of what the market grew by in all eight years of the Obama administration.
Trump’s performance, as measured by the S&P 500, is up 23 percent in the year since his inauguration, much better than the 13 percent average of first-year performances since 1928.
The U.S. stock market has added nearly $6.9 trillion in market cap since President Donald Trump was elected, already close to half of what was added in all eight years of President Barack Obama’s tenure.
The market cap, based on the Russell 3000, surpassed $30 trillion for the first time last week and was at $30.6 trillion Thursday, according to Bespoke.
“I think the performance in the first year has exceeded almost everybody’s expectations,” said Paul Hickey, co-founder of Bespoke. Hickey uses the Russell 3000 to measure overall market cap, since it represents about 98 percent of all U.S. stocks.
When Trump was elected, stocks rose out of the gate after an initial late-night collapse in futures prices. After that, the market rewarded stocks and sectors that would benefit from the “Trump trade” and Trump’s pro-growth policies.
The Trump trade occasionally stalled out when it looked as though tax reform was unlikely, but since the legislation began seriously moving forward and finally became law at the end of last year, the market has been on a tear. The S&P 500 has added 4.6 percent just since the start of this year, after last year’s near 20 percent move.
The market’s value may have reached peak levels since Trump’s election, but in percentage gains since inauguration, Obama was ahead in the first year. From his first inauguration until one year later, the S&P gained 41 percent under Obama. Hickey said the first-year average gain for first-term presidents since 1928 has been 13 percent.
Trump’s track record is still strong, he said. “As far as performance is concerned, it was a very good first year, seeing a gain of 23 percent in the S&P 500 in Trump’s first year in office,” said Hickey. “There were bigger gains under FDR and Obama, but they had the benefit of coming in at a low level, at the late stages of a bear market.”
Trump has not been shy about taking credit for a strong stock market, which some see as a risky prospect because stocks don’t always go up, as George W. Bush saw during his administration. The market lost $3.3 trillion in value in the Bush years, as measured by the Russell 3000, while it gained $12.3 trillion during the Obama administration.
https://www.cnbc.com/2018/01/18/stock-markets-value-under-trump-has-grown-by-6-point-9-trillion-to-30-point-6-trillion.html?fbclid=IwAR0kRdSgew1FgRwOXn85VcEH9yMO6aDfK_SiutKUcD3pqulTT8tybO6F_74
-
Game over Fagboys!
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?
topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
HAHA, Loco brought receipts 8)
-
Crash coming for sure.
When?
Not sure.
-
Crash coming for sure.
When?
Not sure.
In the next decade or two. BEWARE!!!
-
Crash coming for sure.
When?
Not sure.
Didn't you read the thread title? Sometime between last year and 2118.
-
I don’t know what anyone complains about…
I LOVE having posters like Mons, prime, coward, Abraham G, etc. here.
Honestly, it’s like having our own personal Ocasio-Cortez(’s) on the board.
I mean… take prime, for instance: a self-admitted drunkard with a history of openly defending pedophiles is (to me) the PERFECT FACE of the “Democratic Party.”
Keep up the good work, “boys!”
HA, HA, HA, HA!!!!!!!!!!!!!!!
-
Game over douchbags!
-NT
Game over Fagboys!
-NT
???
June 4, 2019 4:01 PM ET
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=775538;image)
https://www.cnbc.com/us-markets/
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
???
June 4, 2019 4:01 PM ET
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=775538;image)
https://www.cnbc.com/us-markets/
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
lol. I love this thread. ;D
-
Just so you know, the CONTEXT (that thing you always so willfully and conveniently dodge) of my post you quoted was in response to chaos’ question of why a thread predicting a “Dow Crash” in 2018 was still being debated since there was obviously never a “crash.”
“Folks like myself” laughed at you (as usual) when you changed the title of your post/reply to include 2019 because it seemed like a characteristically pathetic attempt to extend the “deadline” of the predicted “crash.”
…which was kind of humorous because it gave the thread NEW relevance in the form of your ever-burgeoning patheticness.
Chaos then changed the dates in the title of his reply, but only to mock your idiocy - not that additional demonstration was needed, but it was amusing none the less.
I’m incredibly unsurprised you didn’t pick up on any of this because stupid people are the hardest to insult secondary to their obliviousness - which explains why “folks like yourself” (you and coward) can never be shamed into leaving this board. Seems more like ya’ll are too dumb to realize HOW dumb ya’ll are.
P.S. - Did you purchase your newfound “intermittent southern dialect” from the same place as Hillary? I'm not sure how it sounds, but it looks very legit in print.
I don't have a southern dialect. The southern contraction y'all is also sometimes used by northerners.
-
Just so you know, the CONTEXT (that thing you always so willfully and conveniently dodge) of my post you quoted was in response to chaos’ question of why a thread predicting a “Dow Crash” in 2018 was still being debated since there was obviously never a “crash.”
“Folks like myself” laughed at you (as usual) when you changed the title of your post/reply to include 2019 because it seemed like a characteristically pathetic attempt to extend the “deadline” of the predicted “crash.”
…which was kind of humorous because it gave the thread NEW relevance in the form of your ever-burgeoning patheticness.
Chaos then changed the dates in the title of his reply, but only to mock your idiocy - not that additional demonstration was needed, but it was amusing none the less.
I’m incredibly unsurprised you didn’t pick up on any of this because stupid people are the hardest to insult secondary to their obliviousness - which explains why “folks like yourself” (you and coward) can never be shamed into leaving this board. Seems more like ya’ll are too dumb to realize HOW dumb ya’ll are.
P.S. - Did you purchase your newfound “intermittent southern dialect” from the same place as Hillary? I'm not sure how it sounds, but it looks very legit in print.
I don't have a southern dialect. The southern contraction y'all is also sometimes used by northerners.
^^ Quod erat demonstrandum.
-
^^ Quod erat demonstrandum.
It's exhausting having to explain everything step by step over the simplest things isn't it? I don't know why I sometimes still make the attempt.
-
It's exhausting having to explain everything step by step over the simplest things isn't it? I don't know why I sometimes still make the attempt.
You know, I’ve entertained the possibility that he’s a trolling gimmick simply because people generally are not that stupid in real life.
But, trolls tend to add some degree of “believability” to their posting to make it at least somewhat realistic. Prime, however, seldom demonstrates even a shred of intelligence or common sense.
That relegates him to either a poorly-executed gimmick, or a genuine, real-life imbecile.
-
Did we crash yet?
-
Did we crash yet?
I believe when Neurotoxin says "Game over", he may or may not mean that the game will be over sometime in the next several decades or so.
-
I believe when Neurotoxin says "Game over", he may or may not mean that the game will be over sometime in the next several decades or so.
lol :D
-
I believe when Neurotoxin says "Game over", he may or may not mean that the game will be over sometime in the next several decades or so.
If you keep predicting rain everyday...
In seriousness, there’s a reason nobody has been able to predict the stock market consistently on a long-term basis. It’s simply because there are too many variables and unknowns.
Whenever you hear some fucktard on TV who professes to be an expert talk about the stock market it usually goes as follows:
If so&so happens then the market could go either up or down. Of course, if so&so doesn’t happen, then the market could go either up or down.
-
Game over Fagboys!
-NT
By the numbers: Best June for the Dow since 1938, S&P 500′s best first half in two decades
Fred Imbert
@FOIMBERT
https://www.cnbc.com/2019/06/28/by-the-numbers-best-june-for-the-dow-since-1938-sp-500s-best-first-half-in-two-decades.html
-
By the numbers: Best June for the Dow since 1938, S&P 500′s best first half in two decades
Fred Imbert
@FOIMBERT
https://www.cnbc.com/2019/06/28/by-the-numbers-best-june-for-the-dow-since-1938-sp-500s-best-first-half-in-two-decades.html
LOL
Getbiggers waiting for Neurotoxin's market predictions to come true
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
-
LOL
Getbiggers waiting for Neurotoxin's market predictions to come true
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
This thread is golden. How long can he hold on you think?
-
I don't have a southern dialect. The southern contraction y'all is also sometimes used by northerners.
No, it's not, unless they are originally from the South.
-
I don't have a southern dialect. The southern contraction y'all is also sometimes used by northerners.
This is a first for me. Source?
-
There will be a crash. Probably not until Trump's 2nd term though. You can go on and on about why there should be a correction but the timing is tricky because everything is so manipulated.
-
Game over douchbags!
-NT
Game over Fagboys!
-NT
???
July 1, 2019
US markets: S&P 500 hits record high as trade optimism boosts techs
https://www.livemint.com/market/stock-market-news/us-markets-s-p-500-hits-record-high-as-trade-optimism-boosts-techs-1561992450303.html
(https://pbs.twimg.com/media/CkTJwbMUoAA_jAm.jpg:large)
-
???
July 1, 2019
US markets: S&P 500 hits record high as trade optimism boosts techs
https://www.livemint.com/market/stock-market-news/us-markets-s-p-500-hits-record-high-as-trade-optimism-boosts-techs-1561992450303.html
(https://pbs.twimg.com/media/CkTJwbMUoAA_jAm.jpg:large)
I love this thread. ;D
-
Is it safe to dig up my covfefe can of coins from the backyard and put them back in the stock market yet ???
-
When is it going to crash as the obamacraptards claimed?
-
No, it's not, unless they are originally from the South.
My late wife was born and raised in Southern California (Beverly Hills). She often used the contraction, ya'll. Are you suggesting if she had grown up in San Francisco she'd have said 'all of you' instead? Her ancestors were Scotch and Irish. Perhaps she picked it up from them.
Y'all arose as a contraction of you-all. It first appeared in the Southern United States in the early nineteenth century, with an earliest citation of 1824. ... Scots-Irish immigrants to the Southern United States frequently used the term ye aw. Wikipedia - https://en.wikipedia.org/wiki/Y%27all
-
S&P 500 posts new record close
https://www.cnbc.com/2019/07/02/stock-market-wall-street-monitors-us-china-trade-uncertainty.html
(http://i2.cdn.turner.com/money/dam/assets/161108095213-election2016-markets-up-trump-1024x576.jpg)
-
DJI broke 27,000 several mins ago.
Is this “another” sign the end is near?
-
DJI broke 27,000 several mins ago.
Is this “another” sign the end is near?
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
-
DJI broke 27,000 several mins ago.
Is this “another” sign the end is near?
Will someone PLEASE tell me when to dig up my covfefe cans and reinvest my loose change?!?!?!
-
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
Ha ha ha
-
My 401K is doing better than my Olympia prep. That was also true under Obama. Please, orange man. Please, don't fuck this up.
-
Will someone PLEASE tell me when to dig up my covfefe cans and reinvest my loose change?!?!?!
Don't forget that stuff under your mattress box spring.
(https://cdn.historydaily.org/content/55021/910561cf9d3414090c6ac83f14083544.jpg)
-
Don't forget that stuff under your mattress box spring.
(https://cdn.historydaily.org/content/55021/910561cf9d3414090c6ac83f14083544.jpg)
;D
-
My 401K is doing better than my Olympia prep. That was also true under Obama. Please, orange man. Please, don't fuck this up.
How bag holders think.
-
How bag holders think.
Took you almost a month to muster that?
-
Took you almost a month to muster that?
Time is irrelevant - you'll still be holding the bag.
-
Dow closes at record high as Disney pops more than 7%
PUBLISHED WED, NOV 13 2019
Fred Imbert
@FOIMBERT
https://www.cnbc.com/2019/11/13/dow-futures-fed-chair-jerome-powell-speech.html
-
Don't forget that stuff under your mattress box spring.
(https://cdn.historydaily.org/content/55021/910561cf9d3414090c6ac83f14083544.jpg)
That would suck to have a house fire.
-
(https://media.giphy.com/media/1EZydhYVr38AM/giphy.gif)
-
Take an inventory of your investments.
Total everything up.
Reduce your equity (stock market) investments by half.
Total everything up again.
Can you sleep soundly with that new number? Maintain your current lifestyle?
If you can you probably have a good balance.
-
Take an inventory of your investments.
Total everything up.
Reduce your equity (stock market) investments by half.
Total everything up again.
Can you sleep soundly with that new number? Maintain your current lifestyle?
If you can you probably have a good balance.
Yes, because it’s been booming so long and I’m too far from retirement to truly care.
-
Dow closes above 28,000 — its first thousand-point milestone clearance in 90 trading days
Published: Nov 16, 2019 3:03 p.m. ET
(https://ei.marketwatch.com/Multimedia/2019/11/15/Photos/ZH/MW-HV401_dow28k_20191115110716_ZH.jpg?uuid=fea0ffc4-07c1-11ea-b5d0-9c8e992d421e)
The Dow Jones Industrial Average marked history on Friday — carving out its first breach of a psychological milestone since mid-July, as equity benchmarks mounted an assault on records on the back of hope for progress in U.S.-China trade negotiations.
https://www.marketwatch.com/story/dow-on-the-verge-of-busting-above-milestone-at-28000-2019-11-15?mod=us-markets
(https://i.ytimg.com/vi/QPnNainckl4/maxresdefault.jpg)
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
LMFAO…
I was just thinking about this thread over the weekend.
Again, NT only posts in it when stocks take a dip, as if that somehow “validates” his existence.
At least he almost amuses us!!
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
;D
-
Neurotoxin hasn't posted since June 2019.
-
Neurotoxin hasn't posted since June 2019.
Someday in the future, maybe years from now, the market will crash and he will be back saying "I told you so." ::)
-
Neurotoxin hasn't posted since June 2019.
The stock market is a probability game. It’s never a sure thing. That’s why you don’t want to ever listen to anybody who claims that they KNOW what’s going to happen.
-
The stock market is a probability game. It’s never a sure thing. That’s why you don’t want to ever listen to anybody who claims that they KNOW what’s going to happen.
-
I don’t know if it’s just me but I’m on an iPhone and these link don’t post correctly anymore.
-
BUMP - when is this crash happening
-
BUMP - when is this crash happening
Some day...
Soon...
-
The stock market is a probability game. It’s never a sure thing. That’s why you don’t want to ever listen to anybody who claims that they KNOW what’s going to happen.
Good point.
-
I hope it is never comming. But history suggests otherwise, unfortunately.
-
I hope it is never comming. But history suggests otherwise, unfortunately.
But if we are at an all time high now, and we've had crashes before.... Wouldn't history suggest that a crash is followed by a recovery and a surge?
As per usual your emotions blind you from logic.
-
It’s been rolling for a long time, and since I’m nowhere near retirement I’m not too worried if it does tank. I had some money back in 2000 I put in the market after my granddad died. It was $43k and within a year went up to $58k. Then the dot com bubble burst and it dropped all the way to $18k. It eventually came back up and I used it to buy my first place.
-
Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama. Thanks also to President Trump for not fucking it up. Yet.
-
Neurotoxin hasn't posted since June 2019.
He’s like the Paul Krugman of Getbig
-
Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama. Thanks also to President Trump for not fucking it up. Yet.
It will get as bad or worse, it always does. The people at the top always get their cash out before it collapses. I wouldn't trust too much of my money with anyone else.
-
Liberal logic:
When the Dow crashes in the year 2028 it will be President Trump’s fault.
If the DJIA sets records from now until the next downturn cycle, it will all be because of useless Barry Obozo.
TDS is alive and well.
-
Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama. Thanks also to President Trump for not fucking it up. Yet.
First term? The Dow peaked in Oct 2007. It didn’t reach and sustain that level until March 2013.
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth. We didn’t see
even 3% annual growth during any of Obama’s 8 years.
-
First term? The Dow peaked in Oct 2007. It didn’t reach and sustain that level until March 2013.
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth. We didn’t see
even 3% annual growth during any of Obama’s 8 years.
You're going to hurt his feelings with this.
-
Hopefully we'll never see it get as bad as 2008. I've had nothing but good years since Obama straightened things out early in his 1st term. Thanks again President Obama. Thanks also to President Trump for not fucking it up. Yet.
;D
-
First term? The Dow peaked in Oct 2007. It didn’t reach and sustain that level until March 2013.
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth. We didn’t see
even 3% annual growth during any of Obama’s 8 years.
With Trump, businesses know that they’re dealing with an administration trying to be accommodating. During the Obama years business leaders could count on getting a lecture about the evils of profits.
-
With Trump, businesses know that they’re dealing with an administration trying to be accommodating. During the Obama years business leaders could count on getting a lecture about the evils of profits.
Absolutely. But even with all these great economic numbers, my biggest concern is that we still haven’t hit 4% annual GDP growth.
-
First term? The Dow peaked in Oct 2007. It didn’t reach and sustain that level until March 2013.
Post-WWII recoveries after recessions have averaged over 4% annual GDP growth. We didn’t see
even 3% annual growth during any of Obama’s 8 years.
After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.
-
After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.
He’s the worse economic (and in general) president since Carter.
-
After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.
I see the troll is strong in this one this weekend.
-
Absolutely. But even with all these great economic numbers, my biggest concern is that we still haven’t hit 4% annual GDP growth.
It’s still a heavenly intervened economy especially in areas like healthcare and education. With government at its current size, the economy can never reach its full potential.
-
I see the troll is strong in this one this weekend.
Elevate your feet. It will help the swelling in your cankles.
-
After 16 years of Clinton and Bush - deregulation, tax cuts for rich, multiple wars etc. It's amazing what Imam Obama was able to do in terms of saving/restoring the economy especially when the other sides stayed objective from day one was to "make him a one term president". Well done by the greatest president since FDR.
How exactly did Obama manage "saving/restoring the economy"?
And if Obama's economy was so great, then why did the Federal Reserve cut the fed funds rate to effectively zero, and kept it there for Obama's two terms in office, as it tried to help revive the economy? Since Trump was elected, the Federal Reserve has raised rates 8 times.
Obama was fortunate that his term started with a rock bottom bear market, and had no other place to go but upward. Historically, bear markets have lasted 1.3 years on average.
Bull markets have lasted 6.6 years on average. Trump's term started with a bull market already very high and overdue for correction. Not only has Trump managed to keep it from ending, but this has been the longest running bull market in history and it has gone to all time highs on his watch.
At this point, it's embarrassing for Obama supporters to even attempt to compare his economy to Trump's.
-
8 billion people in the world.
40 million trumptards
Congrats. You are elite.
-
8 billion people in the world.
40 million trumptards
Congrats. You are elite.
Why don't you try answering his question?
How exactly did Obama manage "saving/restoring the economy"?
-
Why don't you try answering his question?
What difference would it make? Start with the stimulus (which was way too small and had way too many tax cuts).
-
Elevate your feet. It will help the swelling in your cankles.
You should try that on your head. ;)
-
You should try that on your head. ;)
LOL. ;D
-
For the first time in US history, a decade will pass without the country falling into a recession
In every decade since the period immediately before the Civil War, the US economy could be relied on to do one thing: tumble into recession.
But the American economy is on pace to defy that trend for the first time in nearly 170 years as it enters the 2020s.
The 2010s would be first time a decade has come and gone without the nation falling into recession, which is commonly defined as two consecutive quarters of contracting gross domestic product.
https://www.yahoo.com/news/first-time-us-history-decade-151300551.html
(https://media.voltron.voanews.com/Drupal/01live-166/2019-07/Trump%20fireworks_3.jpg)
In 2019, almost every investment worked
This year is shaping up to be one of the best ever for investors of all stripes, with nearly every single asset class on track to finish 2019 in the green.
From stocks to government debt to corporate bonds to commodities, no matter where you went, you reaped a profit this year. The S&P 500 is up more than 25% and counting. Treasurys, which tend to fall when risk assets rally, also gained in 2019. Oil, gold and corporate bonds all scored double-digit returns.
(https://fm-static.cnbc.com/awsmedia/chart/2019/12/02/20191127_every_asset_class_up_in_2019.1575291339689.png)
(https://fm-static.cnbc.com/awsmedia/chart/2019/12/02/20191127_sp500_ytd_annotatedv2.1575291315684.png)
(https://fm-static.cnbc.com/awsmedia/chart/2019/12/02/20191127_sp500_sector_growth.1575291354400.png)
https://www.cnbc.com/2019/12/02/in-2019-almost-every-investment-worked.html?__source=twitter%7Cmain
(https://localtvwtvr.files.wordpress.com/2016/11/161108095213-election2016-markets-up-trump-640x360.jpg)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://i.imgflip.com/213ss9.jpg)
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://i.imgflip.com/213ss9.jpg)
;D
-
BUMP!
-
My previous 8 wives said I was too small to stimulate them LOL
Had your poor broke dumb liberal incompetent brain dead ass even invested a few grand when trump was elected - you would have a lot more now.
But no - keep believing the idiocy and nonsense liberal BS. Be depressed, broke, fat, and sitting on the sidelines while the rest of us enjoy these awesome times.
Sad and pathetic. Democrat and liberal mentality is for losers and sad sacks. Get on the winning team and start enjoying all the good stuff going on for F sake.
It may seem cute to keep making fun of yourself for being broke and fat and liberal - but its pretty darn sad in reality.
-
Bump
-
Dow broke 29000 today.
-
Guy wrote a book once: Dow 30000
(https://images-na.ssl-images-amazon.com/images/I/51Cdo6BMwkL._SY344_BO1,204,203,200_.jpg)
-
Guy wrote a book once: Dow 30000
(https://images-na.ssl-images-amazon.com/images/I/51Cdo6BMwkL._SY344_BO1,204,203,200_.jpg)
Because Trump is the president.
-
BUMP ;D
-
Feb 5, 2020
12:15 PM Eastern Time
https://www.cnbc.com/us-markets/
-
(https://thumbs.gfycat.com/HappygoluckyEnchantingImperialeagle-size_restricted.gif)
-
Awesome! ^^
-
(https://thumbs.gfycat.com/HappygoluckyEnchantingImperialeagle-size_restricted.gif)
BRILLIANT!!!!!
THEY NEED TO RUN (PART OF) THIS DURING HIS 2020 CAMPAIGN!!!
-
https://www.cnbc.com/quotes/?symbol=.DJI
:D
-
Quantitative easing & stock buybacks have held this market up since 2009. Once Coronavirus becomes pandemic, (very close) stock market will suffer historic crash.
-NT
-
Mons Venus is back with another groundbreaking prediction. Take heed!
Quantitative easing & stock buybacks have held this market up since 2009. Once Coronavirus becomes pandemic, (very close) stock market will suffer historic crash.
-NT
-
lol.....didn’t you say something like this like 7000 points ago? 🤣🤣🤣
-
Quantitative easing & stock buybacks have held this market up since 2009. Once Coronavirus becomes pandemic, (very close) stock market will suffer historic crash.
-NT
All GWB's fault - but, ONLY if true.
This is very clearly the market/virus that TRUMP inherited from 0bama, that was inherited from "W," that was inherited from Clinton, that was inherited from Carter, that was inherited from Johnson...
I know I missed a few, but hey - what the fuck...
-
lol.....didn’t you say something like this like 7000 points ago? 🤣🤣🤣
Yes.
http://www.getbig.com/boards/index.php?topic=644157.0
-
Pls define "historic crash."
SARS shook global markets about 0.1% of GDP. It had a much higher fatality rate (5X higher)
than the coronavirus but infected less than 10,000.
2) ECONOMIC COST OF SARS OUTBREAK 2003
A May 2006 economic briefing by the International Air Transport Association (IATA) estimated
that world gross domestic product suffered a 0.1% hit due to the outbreak.
The coronavirus is approaching 100,000 infections but its rate of infection seems to be slowing.
Its effects might lead to some profit-taking, but I don’t see a historic crash ensuing.
Bernie Sanders elected president – now that would cause a crash.
https://www.hellenicshippingnews.com/how-a-virus-impacts-the-economy-and-markets/
-
Merge this one with the other. Only fitting to keep it going with his babble.
-
He's back!
-
My 401K's are on fire still. Idiotic post of piss...
In only matters when retirement time comes around, but nice to see after 8 years of stagnant Ghey Barry O...
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
-
Coronavirus stock market crash of 2020 coming.
-NT
go away
-
Coronavirus stock market crash of 2020 coming.
-NT
Define "crash: What percent of DJIA, S&P 500, NASDAQ, etc.?
-
#Coronavirus
-NT
-
#Coronavirus
-NT
If you have been short the S&P for all the time you’ve been calling for a crash, how do you even have any capital left?
-
My 401K's are on fire still. Idiotic post of piss...
In only matters when retirement time comes around, but nice to see after 8 years of stagnant Ghey Barry O...
I like you but this is just not supported by facts. You are either being misled or lying. My 401K has been doing great since 2010 or 2011 and to Trumps credit, it continues to do so.
-
2020 CoronaVirus Market Crash is coming.
QE & Stock Buybacks will not save this BLOATED fake market.
-NT
-
#Coronavirus
Market Crash 2020.
QE cannot save what’s coming.
-NT
-
#Coronavirus Stock Market Crash coming.
Gold is only safe investment at this time.
QE & stock buybacks ( 10 yr scam) is dead.
Prepare for the worst!
-NT
-
Thanks for not disappointing.
-
(https://thumbs.gfycat.com/BreakableDeliciousCapybara-size_restricted.gif)
-
#Coronavirus Stock Market Crash coming.
Gold is only safe investment at this time.
QE & stock buybacks ( 10 yr scam) is dead.
Prepare for the worst!
-NT
-
Do not say you weren’t warned!
#CoronaCrash coming.
-NT
-
Do not say you were not warned!
Get prepared.
-NT
-
#Coronavirus Stock Market Crash coming.
Gold is only safe investment at this time.
QE & stock buybacks ( 10 yr scam) is dead.
Prepare for the worst!
-NT
LOL
Good time for buying more VTSAX.
-
Do not say you weren’t warned!
#CoronaCrash coming.
-NT
Thanks.
-
LOL
Good time for buying more VTSAX.
Scott Adams more or less said the same thing today on his podcast.
-
Do not say you weren’t warned!
#CoronaCrash coming.
-NT
Dow down -1,030 points today.
-NT
-
If $SPX breaks 3200 we should selloff nicely.
-NT
-
If $SPX breaks 3200 we should selloff nicely.
-NT
For some reason, you have “punchable” posts.
-
Time to buy good stocks for the IRA.
-
Time to buy good stocks for the IRA.
And since nobody knows a good stock from a bad one, buy them all: VTSAX
-
Dow down -1,030 points today.
-NT
Dow down -879 points
Historic Market bubble has been built on Quantitative Easing (QE) & corporate stock buybacks.
#Coronavirus is the pin that pops that bubble.
-NT
-
Coronavirus stock market crash of 2020 coming.
-NT
-
If $SPX breaks 3200 we should selloff nicely.
-NT
As you might imagine $SPX broke 3200
Dow down - 879
-NT
-
Coronavirus stock market crash of 2020 coming.
-NT
^^^
February 21st Market call. #CoronaVirus Crash begins Feb 24th.
-NT
-
Federal Reserve in PANIC mode.
Additional QE/rate cuts coming in desperation move?
No effect now.
-NT
-
And since nobody knows a good stock from a bad one, buy them all: VTSAX
My work retirement plan is doing exactly that, and able to buy many more shares with my contribution. After this market dip, it is very possible I'll be even farther ahead than had the market just held steady.
As for my own investing, even with the S&P in correction territory, I haven't lost any of my base investment. I'm still way ahead of wear I started.
I guess once the pandemic is over and market recovery starts, Neuro-mons will stop repeatedly quoting himself in this thread.
-
My work retirement plan is doing exactly that, and able to buy many more shares with my contribution. After this market dip, it is very possible I'll be even farther ahead than had the market just held steady.
As for my own investing, even with the S&P in correction territory, I haven't lost any of my base investment. I'm still way ahead of wear I started.
I guess once the pandemic is over and market recovery starts, Neuro-mons will stop repeatedly quoting himself in this thread.
NOOOO, NOOOO, sell all your stocks and buy gold...or so says Neuro-mons. LOL
-
Keep some dry powder on hand for emergencies.
Always a good idea.
Don't sell in a panic.
-
Mr. chaos is all set.
(https://cdn.historydaily.org/content/55021/910561cf9d3414090c6ac83f14083544.jpg)
-
LOL
Good time for buying more VTSAX.
Now this is what I was waiting for. I don't care what Mons Venus says.
El Profeta has spoken.
-
Dow down -879 points
Historic Market bubble has been built on Quantitative Easing (QE) & corporate stock buybacks.
#Coronavirus is the pin that pops that bubble.
-NT
Dow down ANOTHER -123 points. 500 point intraday swing to downside.
Trump will attempt to PUMP market @ 6pm
$SPX next downside support level @ 3000
-NT
-
Now this is what I was waiting for. I don't care what Mons Venus says.
El Profeta has spoken.
That's what I've been doing the last few days.
-
NOOOO, NOOOO, sell all your stocks and buy gold...or so says Neuro-mons. LOL
;D
-
Keep some dry powder on hand for emergencies.
Always a good idea.
Don't sell in a panic.
And, buy land...
It's good to have land...
(https://media0.giphy.com/media/eZHgMqoiBBQOI/source.gif)
-
And since nobody knows a good stock from a bad one, buy them all: VTSAX
That is usually the best thing to do 90% of the time.
-
Coronavirus stock market crash of 2020 coming.
-NT
$SPX must hold 3000 level. Without a “relief rally” at said level, market will go into free-fall.
#CoronavirusCrash2020
-NT
-
I cannot imagine the experience, skill, and foresight it takes to predict the market would be affected by a global pandemic.
-
Where does everyone in the world want to put their money? Asia? South America? Europe? Nope, right here in America. Buy the S&P every month and when we get fear selling like this, it's not a bad idea to buy a little heavier.
-
Where does everyone in the world want to put their money? Asia? South America? Europe? Nope, right here in America. Buy the S&P every month and when we get fear selling like this, it's not a bad idea to buy a little heavier.
True, although Neurotoxin/Mons Venus predicts the market will crash in 2018, or 2019, or 2020 . . . .
-
$SPX must hold 3000 level. Without a “relief rally” at said level, market will go into free-fall.
#CoronavirusCrash2020
-NT
$SPX unable to hold 3000.
Dow DOWN -1,200 points
Carnage on Wall Street
Another great day if positioned correctly
#CoronavirusCrash2020
-NT
-
Coronavirus stock market crash of 2020 coming.
-NT
“The greatest Market Crash in 5 days since 1928” - Barron’s
Worst daily decline in HISTORY
Nervous yet? You should be.
#CoronaVirusCrash2020
-NT
-
“The greatest Market Crash in 5 days since 1928” - Barron’s
Worst daily decline in HISTORY
Nervous yet? You should be.
#CoronaVirusCrash2020
-NT
Oh yeah? Why?
-
“The greatest Market Crash in 5 days since 1928” - Barron’s
Worst daily decline in HISTORY
Nervous yet? You should be.
#CoronaVirusCrash2020
-NT
No, not even close.
-
Oh yeah? Why?
You're wasting your time.
He only replies to his own posts.
-
You're wasting your time.
He only replies to his own posts.
Yeah, I'm noticing that.
-
You're wasting your time.
He only replies to his own posts.
I almost think he’s a bot.
-
You're wasting your time.
He only replies to his own posts.
Yeah, I'm noticing that.
LOL...for a moment I thought Montague was replying to his own post. ;D
-
LOL...for a moment I thought Montague was replying to his own post. ;D
LMAO...
More than once, I've come across a Moontrane post and mistook it for mine - usually when it appears quoted within another reply. The screen names are roughly the same length, begin and end with the same letters, and share four other letters in the same order in the middle.
One time, I really scratched my head for a few seconds asking myself when in the fuck I posted "that" before properly noticing the name.
;D
-
LMAO...
More than once, I've come across a Moontrane post and mistook it for mine - usually when it appears quoted within another reply. The screen names are roughly the same length, begin and end with the same letters, and share four other letters in the same order in the middle.
One time, I really scratched my head for a few seconds asking myself when in the fuck I posted "that" before properly noticing the name.
;D
Don't tase me, bro!
-
Don't tase me, bro!
I meant that in the context "of not remembering posting anything SO GOOD!"
;)
-
Dow down -357 points, -4,000 points this week.
Anticipate emergency Fed action in attempt to save collapsing Market.
Relief/short cover rally soon.
-NT
-
I meant that in the context "of not remembering posting anything SO GOOD!"
;)
Great minds... ;D
-
Don't worry guys, the sell off has mostly to do with investors being worried about what the Democratic candidates are saying
I know, you're probably thinking that's nuts because they've all said the same shit they've always said and why would that suddently cause the markets to sell off (especially markets outside the US)
Never fear, a "stable genius" with "a very good brain who has said a lot of things" recently said this
"I think it took a hit for maybe two reasons. I think they look at the people -- you watched (the debate) last night and they say, 'If there's even a possibility that that could happen' -- I think it really takes a hit because of that. And it certainly took a hit because of this," Trump told reporters at the White House, referring to the coronavirus.
He later reiterated that investors hearing Democratic candidates "had a huge effect" on the markets. "I think you can add quite a bit of sell-off to what they're saying," Trump said. "I really believe that's a factor."
-
Don't worry guys, the sell off has mostly to do with investors being worried about what the Democratic candidates are saying
I know, you're probably thinking that's nuts because they've all said the same shit they've always said and why would that suddently cause the markets to sell off (especially markets outside the US)
Never fear, a "stable genius" with "a very good brain who has said a lot of things" recently said this
Add in the fake hype the media and Marxist left politicians propaganda are spewing is what driving the markets down. But, they know leftists are stupid and will believe anything told to them
-
Once #Coronavirus spreads into NYC it will ultimately end up on The Floor @ NYSE
Floor Traders are extremely nervous
Contingency plans underway to keep NYSE running (electronically only)
-NT
-
That is usually the best thing to do 90% of the time.
"Don’t obsess with trying to pick the perfect time to invest in the stock market. Just get your money invested. Be sure you have a plan and follow it for the ultimate chance of success."
"You are not smarter than the market. No one is. Take what it gives you and spend your time enjoying your family, friends and hobbies. Sure you can have a play account to trade stocks, but make sure it is a small portion of your portfolio and it is money you can afford to lose."
https://esimoney.com/10-things-i-learned-while-working-for-the-rich/
-
Invest in gold, silver, lead and clean water.
-
Invest in gold, silver, lead and clean water.
Lead and brass, baby.
-
For those of you for whom this is your first market crash, just relax and hang on.
If anything, buy more equities at lower prices.
Keep a adequate liquid reserve for emergencies. Always.
-
(https://pbs.twimg.com/media/ESEvkVAWsAA4wyM?format=jpg&name=large)
-
(https://pbs.twimg.com/media/ESEvkVAWsAA4wyM?format=jpg&name=large)
(https://pbs.twimg.com/media/ECBJJgaX4AAJPKY.jpg)
Eggxactly: Buy stocks and hold them for 5 minutes or until Neuro-mons gives you a reason to sell, then sell them at a fraction of the price you paid, and use the money to buy gold...or so says Neuro-mons.
-
Dow down -357 points, -4,000 points this week.
Anticipate emergency Fed action in attempt to save collapsing Market.
Relief/short cover rally soon.
-NT
^^^^^^
What a coincidence.
Dow UP +1,293 points - Check
Fed Reserve, World Bank & IMF speak to calm Markets- Check
-NT
-
Pretty fast crash.
-
Pretty fast crash.
Neuro-mons predicted that the market would go down AND up.
He was right both times!
No one else could ever have seen that coming.
-
I’m going to throw another $20k in this week to help offset the 16% I’m down :D
-
Neuro-mons predicted that the market would go down AND up.
He was right both times!
No one else could ever have seen that coming.
;D
-
made a killing on some stocks Friday and today... but damn.... I hope this is the bottom
-
^^^^^^
What a coincidence.
Dow UP +1,293 points - Check
Fed Reserve, World Bank & IMF speak to calm Markets- Check
-NT
You really don’t handle people’s money for a living do you? Good God
-
Bought my first individual Stock during the drop. Everything else has been index funds.
-
made a killing on some stocks Friday and today... but damn.... I hope this is the bottom
If you made a killing, then why do you hope this is the bottom? Just curious.
Congratulations on not selling your stocks to buy gold, as per Neuro-mons advice.
-
;D
-
:D
-
:D
Its a proven fake made up hoax.
-
Its a proven fake made up hoax.
the dow jones is a hoax ??? ??? ??? ??? ???.
-
the dow jones is a hoax ??? ??? ??? ??? ???.
Yes, it is. Now the Dow Joans, that shiitte is real.
-
Dow down -357 points, -4,000 points this week.
Anticipate emergency Fed action in attempt to save collapsing Market.
Relief/short cover rally soon.
-NT
^^^^^
Another coincidence?
Emergency Fed PANIC today?
.50bp cut, largest since 2008 financial crisis
Buy the dip, I dare you
#CoronaVirusCrash2020
-NT
-
In honor of Neurotoxin/Mons Venus, I think we should quote ourselves in this thread.
-
Now this is what I was waiting for. I don't care what Mons Venus says.
El Profeta has spoken.
Waiting on the latest from El Profeta.
-
Waiting on the latest from El Profeta.
The stock market will fluctuate. There will be bull markets, followed by bear markets, followed by more bull markets. There will be some recessions, followed by recoveries. This will definitely happen in the near or distant future. Mark my words.
El Profeta
-
The stock market will fluctuate. There will be bull markets, followed by bear markets, followed by more bull markets. There will be some recessions, followed by recoveries. This will definitely happen in the near or distant future. Mark my words.
El Profeta
Indeed!
El Profeta
-
^^^^^
Another coincidence?
Emergency Fed PANIC today?
.50bp cut, largest since 2008 financial crisis
Buy the dip, I dare you
#CoronaVirusCrash2020
-NT
Dow down -785 points
.50bp lowering had ZERO effect
Major technical support @ $SPX 2954 ( must hold)
-NT
*I do not read or respond to posts.
-
The stock market will fluctuate. There will be bull markets, followed by bear markets, followed by more bull markets. There will be some recessions, followed by recoveries. This will definitely happen in the near or distant future. Mark my words.
El Profeta
Word! ^^^
-
I guess if you keep predicting a crash every year, you're bound to get it right eventually.
Word! ^^^
-
Dow down -785 points
.50bp lowering had ZERO effect
Major technical support @ $SPX 2954 ( must hold)
-NT
*I do not read or respond to posts.
I knew this dude was a bot.
-
I knew this dude was a bot.
You are supposed to quote yourself. >:(
-
Stocks are going to go down.
#Be warned.
-
Stocks are going to go down.
#Be warned.
^^^^
Stocks are going to go up.
#You heard it here first.
#Don't buy dip.
#They'll go down again.
-
I knew this dude was a bot.
This dude too.
-
Indeed!
El Profeta
Prediction unchanged.
*I do not read or respond to posts.
-
You're wasting your time.
He only replies to his own posts.
^^^^^
*Except when telling us he does not read or respond to posts.
#Market set to fluctuate
#PM me for advisory services
#Bridge for sale
-
-NT
*I do not read or respond to posts.
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
-
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
LOL ;D
-
LOL ;D
Yeah, I thought that was funny too. :D
-
(https://i.pinimg.com/originals/56/6c/57/566c57d548e95b9fb5e39f0dcccd0b77.jpg)
Indeed.
-
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
;D
-
Yeah, I thought that was funny too. :D
;D ;D
-
;D ;D
I crack myself up sometimes. ;D
-
Not surprised at all Neuro-Mons hasn't posted anything today.
March 4, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
Not surprised at all Neuro-Mons hasn't posted anything today.
March 4, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=787244;image)
You can say that again.
-
You can say that again.
Okay. Not surprised at all Neuro-Mons hasn't posted anything today.
-
"Fear of Bernie" has ebbed.
Trump keeps winning!
(https://www.thetimes.co.uk/imageserver/image/methode%2Ftimes%2Fprod%2Fweb%2Fbin%2Fc7e2d300-4597-11e9-bfd2-5b366418ffd1.jpg?crop=2263%2C1273%2C14%2C1389)
-
BREAKING NEWS - NY Times
The S&P 500 rose more than 4 percent, bouncing back after a steep drop as investors reacted to Joe Biden’s strong Super Tuesday showing.
Wednesday, March 4, 2020 4:19 PM EST
Health care stocks led the gains on Wednesday, rising more than 5 percent. Shares of insurers like UnitedHealth Group and Anthem Health rose more than 10 percent.
“The strong result by Joe Biden in the Democratic primaries last night are a significant positive development for the market,” Marko Kolanovic, a strategist at JPMorgan Chase wrote in a note to clients. “It likely removes the possibility of a far left candidate — a risk that was rattling markets last week.”
Read the latest
-
Dow down -357 points, -4,000 points this week.
Anticipate emergency Fed action in attempt to save collapsing Market.
Relief/short cover rally soon.
-NT
Dow DOWN -969 points.
Market Crashes do NOT occur overnight. They occur in stages
Short cover/relief rallies are the NORM as daily Market volatility soars
Critical support $SPX 2975
#CoronaVirusCrash2020
-NT
-
Only when the market is down. Crickets when the market goes up. Mons Venus is a broken clock.
Right?
-
Right?
You can say that again.
-
You can say that again.
Yeah, what this guy said.
-
Dow DOWN -969 points.
Market Crashes do NOT occur overnight. They occur in stages
Short cover/relief rallies are the NORM as daily Market volatility soars
Critical support $SPX 2975
#CoronaVirusCrash2020
-NT
Oh, I get it now. So the next market crash coming to our 401K started back in 2016?
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
Oh, I get it now. So the next market crash coming to our 401K started back in 2016?
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
It’s the old saying that if you predict rain every day eventually you’ll be right.
-
Dow DOWN -969 points.
Market Crashes do NOT occur overnight. They occur in stages
Short cover/relief rallies are the NORM as daily Market volatility soars
Critical support $SPX 2975
#CoronaVirusCrash2020
-NT
A breach of $SPX 2975 = HUGE SELLOFF
#CoronavirusCrash2020
-NT
-
"Fear of Bernie" has ebbed.
Trump keeps winning!
(https://www.thetimes.co.uk/imageserver/image/methode%2Ftimes%2Fprod%2Fweb%2Fbin%2Fc7e2d300-4597-11e9-bfd2-5b366418ffd1.jpg?crop=2263%2C1273%2C14%2C1389)
:D :D :D :D :D
-
:D :D :D :D :D
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=787331;image)
Is that how Trump unleashed the Coronavirus?
-
Is that how Trump unleashed the Coronavirus?
What coronavirus? Trump says it's just the flu. So yeah, piss on it.
-
GOD DAMN TRUMP TO HELL FOR CREATING & RELEASING THE CORONA VIRUS!!!!!
That no-good, goddam scum-lapping shitbag...
Miserable, little bag of puke.
-
This probably is the major correction that's been due for some time.
The market has been over-valued for years.
There's always a straw that breaks the camel's back and the virus panic is probably the straw in this case.
-
This probably is the major correction that's been due for some time.
The market has been over-valued for years.
There's always a straw that breaks the camel's back and the virus panic is probably the straw in this case.
It's why I never liked having my money in the stock market as I have no control. Now would be a great time to invest though. When this Coronavirus blows over the market will skyrocket.
-
It's why I never liked having my money in the stock market as I have no control. Now would be a great time to invest though. When this Coronavirus blows over the market will skyrocket.
This is why you use asset allocation.
My approach is to anticipate a 50% drop in equity values at any time. You allocate your investments in such a way to weather such a drop.
-
This probably is the major correction that's been due for some time.
The market has been over-valued for years.
There's always a straw that breaks the camel's back and the virus panic is probably the straw in this case.
I agree with you that a correction is/was certainly due.
Although the Corona pandemic is the catalyst for the current market plunge, it's more of a health phenomenon than an economic one. But, it's translated to enough economic damage that I'm hoping it will satisfy the original impending market correction.
-
This is why you use asset allocation.
My approach is to anticipate a 50% drop in equity values at any time. You allocate your investments in such a way to weather such a drop.
Yes!
I've found division by risk allocation to be one of the more effective strategies.
-
Yes!
I've found division by risk allocation to be one of the more effective strategies.
You have to control your emotions when investing.
Buffett is a master at this.
-
You have to control your emotions when investing.
Buffett is a master at this.
Oh, absolutely.
I think that applies to any kind of investing: stocks, property, etc.
You ever do any Forex trading?
-
Oh, absolutely.
I think that applies to any kind of investing: stocks, property, etc.
You ever do any Forex trading?
No. My last individual stock purchase was in 1982 with a broker's recommendation.
The stock tanked.
-
Coronavirus stock market crash of 2020 coming.
-NT
https://www.nytimes.com/2020/03/07/world/coronavirus-news.html
Warning flares sent EARLY.
-NT
-
Once #Coronavirus spreads into NYC it will ultimately end up on The Floor @ NYSE
Floor Traders are extremely nervous
Contingency plans underway to keep NYSE running (electronically only)
-NT
https://www.reuters.com/article/us-china-health-exchanges-explainer-idUSKCN20M2BO
https://patch.com/new-york/new-york-city/7-new-coronavirus-cases-reported-nyc-state-total-now-76
https://nypost.com/2020/03/07/cuomo-declares-state-of-emergency-as-new-york-state-coronavirus-cases-soar-to-76/
#Coronavirus In New York City?
State of emergency?
Purely coincidental
-NT
-
Neurotoxin popping up like a "breaking news" banner on cnn 24/7.
-
Coronavirus stock market crash of 2020 coming.
-NT
https://www.marketwatch.com/
Dow down -1,800 at the open
Trading halted temporarily
Panic setting in
-NT
-
https://www.marketwatch.com/
Dow down -1,800 at the open
Trading halted temporarily
Panic setting in
-NT
-
Well, that’s the end of the shale oil industry and fracking. No way these companies can stay in business at these oil prices.
-
So how’s my strategy looking🤔
The market will always take a big hit at some point, but you can’t think that way. Otherwise you’ll never be in the market.
You just need to have an escape plan for when it does happen. Markets don’t crash in a day. When things start looking bad, you get out. Of course, you might be wrong and the market turns around and doesn’t crash but that’s the game. If you can’t handle this reality, don’t play.
It’s not about timing the market. It’s about crash insurance. The get out point is arbitrary. It has nothing to do with any sort of forecasting.
The market went down 90% in the 1920s. There’s been 2 50% drops in the last 20 years. There’s no guarantee that it won’t happen again. I know people who had to delay their retirement because of those crashes.
-
https://www.marketwatch.com/
Dow down -1,800 at the open
Trading halted temporarily
Panic setting in
-NT
Dow DOWN -2,013 as CoronavirusCrash continues
https://www.investors.com/market-trend/stock-market-today/dow-jones-dives-new-session-lows-coronavirus-slams-stock-market/
Coronavirus pandemic?
Fed panic?
Emergency QE 4 soon?
Floor traders talking 40-60% Market drop?
Stay tuned....
-NT
-
The dirty little secret is that traders love this shit. You get your money a lot faster in down markets. Even if we get a relief rally there’s lotta resistance up ahead. I would bet there’s at least one more down leg.
And I doubt all that money which poured into the bond market is going to jump right back into stocks. I told my GF to get comfortable on the sidelines.
-
Still room for the market to drop further, or rebound.
https://apnews.com/8ee382c716034da4ba200fb3967aad34
"IS THE BULL IN DANGER?
It was 11 years ago that recession-driven declines in the stock market stopped and the current bull market began it’s record run. But Monday was hardly a happy birthday.
The S&P 500 dropped 7.6% and is 18.9% below its most recent record, set last month. If that decline extends to 20%, the bull market will be dead and the bear market will be in full growl. The last bear market ran from October 2007 to March 2009 and the S&P 500 dropped nearly 57%."
https://www.multpl.com/s-p-500-pe-ratio/table/by-year
S&P 500 P/E ratio:
Date Value
Mar 9, 2020 20.67 estimate
Jan 1, 2020 24.67 estimate
Jan 1, 2019 19.60
-
As we head lower (over time) anticipate short cover/ relief rallies.
#CoronaVirusCrash2020
-NT
-
i think it's obama's fault.
-
i think it's obama's fault.
The truth is that financial markets have been acting this way long before either of those two were born and will be doing so long after they’re (and we’re) gone.
If you don’t believe me, research stock market price history and see what the markets did between 1900-1920.
-
The truth is that financial markets have been acting this way long before either of those two were born and will be doing so long after they’re (and we’re) gone.
If you don’t believe me, research stock market price history and see what the markets did between 1900-1920.
(https://www.getrichslowly.org/wp-content/uploads/29562781417_6390f05cd0_c.jpg)
-
As we head lower (over time) anticipate short cover/ relief rallies.
#CoronaVirusCrash2020
-NT
https://www.barrons.com/articles/dow-jones-industrial-average-falls-from-high-as-uncertainty-reins-51583856659
Dow UP +1,176 points
Coincidence?
-NT
-
Not looking good today.
-
Not looking good today.
Yeah no shit
-
Yeah no shit
LOL ;D
-
LOL ;D
Yeah, pretty funny.
-
-
El profeta approved:
A coronavirus recession may be coming: Here's what to do with your money
1. Define clear, measurable and achievable investment goals. For example, your goal might be to retire in 20 years at your current standard of living for the rest of your life. Without clear goals, people often approach the path to getting there piecemeal and end up with a motley collection of investments that don’t serve their actual needs. As baseball legend Yogi Berra once said, “If you don’t know where you are going, you’ll end up someplace else.”
2. Assess how much risk you can take on. This will depend on your investment horizon, job security and attitude toward risk. A good rule of thumb is if you’re nearing retirement, you should have a smaller share of risky assets in your portfolio. If you just entered the job market as a 20-something, you can take on more risk because you have time to recover from market downturns.
3. Diversify your portfolio. In general, riskier assets like stocks compensate for that risk by offering higher expected returns. At the same time, safer assets such as bonds tend to go up when things are bad, but offer much lower gains. If you invest a big part of your savings in a single stock, however, you are not being compensated for the risk that the company will go bust. To eliminate these uncompensated risks, diversify your portfolio to include a wide range of asset classes, such as foreign stocks and bonds, and you’ll be in a better position to endure a downturn.
4. Don’t try to pick individual stocks, identify the best-performing actively managed funds or time the market. Instead, stick to a diversified portfolio of passively managed stock and bond funds. Funds that have done well in the recent past may not continue to do so in the future.
5. Look for low fees. Future returns are uncertain, but investment costs will certainly take a bite out of your portfolio. To keep costs down, invest in index funds whenever possible. These funds track broad market indices like the Standard & Poor’s 500 and tend to have very low fees yet produce higher returns than the majority of actively managed funds.
6. Continue to make regular contributions to your investments, even during a recession. Try to set aside as much as you can afford. Many employers even match all or some of your personal retirement contributions. Unfortunately, most Americans are not saving enough for retirement. One in four Americans enrolled in employer-sponsored defined contribution plans does not save enough to get the employer’s full match. That’s like letting your employer keep part of your salary.
7. There’s one exception to my advice about standing pat. Let’s suppose your long-term plan calls for a portfolio with 50% in U.S. stocks, 25% in international stocks and 25% in bonds. After U.S. stocks have a good run, their weight in the portfolio may increase a lot. This changes the risk of your portfolio. So about once a year, rebalance your portfolio to match your long-term allocation targets. Doing so can make a big difference in performance.
https://www.yahoo.com/news/coronavirus-recession-may-coming-heres-164357499.html
-
El profeta approved:
A coronavirus recession may be coming: Here's what to do with your money
1. Define clear, measurable and achievable investment goals. For example, your goal might be to retire in 20 years at your current standard of living for the rest of your life. Without clear goals, people often approach the path to getting there piecemeal and end up with a motley collection of investments that don’t serve their actual needs. As baseball legend Yogi Berra once said, “If you don’t know where you are going, you’ll end up someplace else.”
2. Assess how much risk you can take on. This will depend on your investment horizon, job security and attitude toward risk. A good rule of thumb is if you’re nearing retirement, you should have a smaller share of risky assets in your portfolio. If you just entered the job market as a 20-something, you can take on more risk because you have time to recover from market downturns.
3. Diversify your portfolio. In general, riskier assets like stocks compensate for that risk by offering higher expected returns. At the same time, safer assets such as bonds tend to go up when things are bad, but offer much lower gains. If you invest a big part of your savings in a single stock, however, you are not being compensated for the risk that the company will go bust. To eliminate these uncompensated risks, diversify your portfolio to include a wide range of asset classes, such as foreign stocks and bonds, and you’ll be in a better position to endure a downturn.
4. Don’t try to pick individual stocks, identify the best-performing actively managed funds or time the market. Instead, stick to a diversified portfolio of passively managed stock and bond funds. Funds that have done well in the recent past may not continue to do so in the future.
5. Look for low fees. Future returns are uncertain, but investment costs will certainly take a bite out of your portfolio. To keep costs down, invest in index funds whenever possible. These funds track broad market indices like the Standard & Poor’s 500 and tend to have very low fees yet produce higher returns than the majority of actively managed funds.
6. Continue to make regular contributions to your investments, even during a recession. Try to set aside as much as you can afford. Many employers even match all or some of your personal retirement contributions. Unfortunately, most Americans are not saving enough for retirement. One in four Americans enrolled in employer-sponsored defined contribution plans does not save enough to get the employer’s full match. That’s like letting your employer keep part of your salary.
7. There’s one exception to my advice about standing pat. Let’s suppose your long-term plan calls for a portfolio with 50% in U.S. stocks, 25% in international stocks and 25% in bonds. After U.S. stocks have a good run, their weight in the portfolio may increase a lot. This changes the risk of your portfolio. So about once a year, rebalance your portfolio to match your long-term allocation targets. Doing so can make a big difference in performance.
https://www.yahoo.com/news/coronavirus-recession-may-coming-heres-164357499.html
6. Continue to make regular contributions to your investments......um, no thanks.
The stock market is a fool's game.
-
6. Continue to make regular contributions to your investments......um, no thanks.
The stock market is a fool's game.
Actually, I almost bolded the text on that one. Great advice! If you disagree, then investing in the stock market is definitely not for you, and that's okay.
-
El profeta approved:
-
Actually, I almost bolded the text on that one. Great advice! If you disagree, then investing in the stock market is definitely not for you, and that's okay.
Agreed. If you are in the game you have to stay in and hope timing works out when you are ready to retire. Trying to trade in and out and buy back in later is a fool's pursuit.
Of course, I'm not in it and never been happier...
-
Agreed. If you are in the game you have to stay in and hope timing works out when you are ready to retire. Trying to trade in and out and buy back in later is a fool's pursuit.
Of course, I'm not in it and never been happier...
Exactly! As for me, I've been in it for a long time and never been happier... :D
There are more than one way to invest and grow your net worth.
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
https://www.marketwatch.com/story/this-plunge-looks-a-lot-like-the-ones-that-rocked-stocks-in-1929-1987-and-2008-and-if-it-keeps-tracking-look-out-2020-03-11
Dow DOWN -1,464
CoronavirusCrash2020
Coincidence?
-NT
-
Will disappear when the market rises. He’s like a weatherman predicting it will rain at some undisclosed date in 2018.
Totally.
-
I can see gold and silver being the next to take a hit. The gold miner ETF (GDX) just broke through support today. It often foreshadows Gold moves.
-
I can see gold and silver being the next to take a hit. The gold miner ETF (GDX) just broke through support today. It often foreshadows Gold moves.
Bitcoin also...all asset classes will deflate from the looks of it...at first that is.
Gold and silver will catch a bid - gold more so than silver as silver now has weaker industrial demand to contend with.
Gold under $2000 and silver under $25 is silly given the panic being floated out there. Imagine...you can still have 4+ ounces of gold for one BTC.
-
Bitcoin also...all asset classes will deflate from the looks of it...at first that is.
Gold and silver will catch a bid - gold more so than silver as silver now has weaker industrial demand to contend with.
Gold under $2000 and silver under $25 is silly given the panic being floated out there. Imagine...you can still have 4+ ounces of gold for one BTC.
The same thing happened in 2008. The gold bugs thought they were going to have their day in the sun when the market crashed but the safety trade was cash and cash like instruments. Look at current bond prices/yields and the Treasury EFTs, TLT, IEF & SHY.
-
Passive investing and staying the course vs Timing the market and picking individual stocks or sectors
U.S. has 600,000 new millionaires
March 16, 2011
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
Billionaire George Soros reportedly lost nearly $1 billion during Trump rally
January 12, 2017
Billionaire George Soros lost nearly $1 billion after the stock market surged following Donald Trump 's unexpected Nov. 8 election victory, The Wall Street Journal reported.
The hedge-fund manager's former deputy, Stanley Druckenmiller, however, foresaw the rally and gained a sizable profit, the Journal reported, citing people close to the matter.
The sources told the Journal Soros was cautious about the market going into the election and became bearish after Trump won.
Stocks and Treasury yields jumped in the wake of Trump's victory, amid the prospects of looser regulations in certain sectors, lower tax rates, and fiscal stimulus.
Soros' hedge fund, Soros Fund Management, manages about $30 billion for Soros and his family. Soros was a supporter oof Hillary Clinton's campaign.
http://finance.yahoo.com/news/billionaire-george-soros-reportedly-lost-134916493.html
Millennials bought leveraged gold ETFs after Trump was elected and got hammered: NYSE trader
December 19, 2016
Bloomberg reports they piled into gold ETFs, some with leverage, after the election, expecting Trump to trigger a risk-selloff. The opposite occurred and gold has dropped nearly 15% from the election-night high.
http://finance.yahoo.com/video/millennials-bought-leveraged-gold-etfs-183454148.html
-
Coronavirus stock market crash of 2020 coming.
-NT
Opinion unchanged
-NT
-
Opinion unchanged
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
El profeta approved:
-
made a killing on some stocks Friday and today... but damn.... I hope this is the bottom
One of the all-time great stock market operators, Jesse Livermore, said that people confuse hope and fear.
He’s right. When stocks are dropping you should fear that they drop even more and when they’re going up you should hope the rise continues.
-
Circuit breakers were triggered, 7% drop, markets stop trading for 15 minutes.
-
Looks like it’s gonna happen again at 10%.
-
#Coronavirus Stock Market Crash coming.
Gold is only safe investment at this time.
QE & stock buybacks ( 10 yr scam) is dead.
Prepare for the worst!
-NT
LOL...gold is down too. Must be all those smart investors selling gold to buy more stocks at bargain prices. ;D
-
Don't be in a hurry to buy into the market.
True bear markets take awhile to bottom out.
-
Looks like it’s gonna happen again at 10%.
Some plunge protection shit going on at the end of the day. Every time the market was in danger of getting to 10% down there was a blast of buying coming into the market.
-
Coronavirus stock market crash of 2020 coming.
-NT
Down DOWN -2,352 today
Worst trading day in history
Dow down -10% TODAY
Floor Traders talking 60% crash?
CoronavirusCrash2020
Enjoy the show!
-NT
-
http://www.marketwatch.com/story/dow-plunges-10-and-marks-worst-worst-day-since-the-1987-crash-as-coronavirus-crushes-wall-streets-buying-sentiment-2020-03-12
Down DOWN -2,352 today
Worst trading day in history
Dow down -10% TODAY
Floor Traders talking 60% crash?
CoronavirusCrash2020
Enjoy the show!
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Not for nothing, but NT did call two stock market crashes, 2008 and now 2020. That’s more than I can say for the so-called experts I see on the business networks.
-
Not for nothing, but NT did call two stock market crashes, 2008 and now 2020. That’s more than I can say for the so-called experts I see on the business networks.
(https://i.insider.com/5cdb2f7e93a15236d01b4dd8?width=750&format=jpeg&auto=webp)
It’s the old saying that if you predict rain every day eventually you’ll be right.
-
El Profeta says: "You are still just a racist, ignorant bastard and a plagiarist."
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
You are a racist, ignorant bastard and a plagiarist.
Current corporate insider selling/buying ratio: 7.74-to-1
-Prognosticator
Where did you get that ratio from?
Calculated it.
-Prognosticator
at least steal current stuff, asshole.
http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Bwahahahaha!
"In mid December, the last time I devoted a column to the insiders, this sell-to-buy ratio stood at 7.07-to-1. Since then, unfortunately, the situation has not improved. For the week ending Jan. 21, for example, the comparable ratio was even more bearish at 7.74-to-1. For the latest reporting week, which ended this past Friday, the ratio was only marginally better at 5.45-to-1."http://klseinvestment338899.blogspot.com/2011/02/those-bearish-insiders-commentary.html
Outed. lol . . . .
http://www.getbig.com/boards/index.php?topic=180577.msg5566481#msg5566481
-
(https://i.insider.com/5cdb2f7e93a15236d01b4dd8?width=750&format=jpeg&auto=webp)
The guy is a Perma bear but it doesn’t change the fact that he did call two crashes. A few weeks ago all of the so-called experts on the business channels were saying that the coronavirus was just a blip.
I give credit where it’s due. He deserves credit.
So do I:
It’s not about timing the market. It’s about crash insurance. The get out point is arbitrary. It has nothing to do with any sort of forecasting.
The market went down 90% in the 1920s. There’s been 2 50% drops in the last 20 years. There’s no guarantee that it won’t happen again. I know people who had to delay their retirement because of those crashes.
-
Coronavirus stock market crash of 2020 coming.
-NT
-
Do not say you weren’t warned!
#CoronaCrash coming.
-NT
Mission accomplished
Good luck guys!
-NT
-
Mission accomplished
Good luck guys!
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Mission accomplished
Good luck guys!
-NT
Game over Fagboys!
-NT
Game over douchbags!
-NT
-
Neurotoxin has got to be the worst Nostradamus in history.
-
Neurotoxin has got to be the worst Nostradamus in history.
Exactly!
-
Neurotoxin has got to be the worst Nostradamus in history.
Really? These people are paid big money for their “Wisdom.” This is how they did in 2008. FYI, the S&P closed the year at 900.
2008 predictions for the S&P 500 - ABC News
https://abcnews.go.com/Business/story?id=4073939&page=1
The most conservative forecast comes from Abhijit Chakrabortti of Morgan Stanley. His thesis: Profit growth estimates are way too high. Pesky inflation pressures will make it tougher for the Fed to lower rates aggressively. Add to that negative news on the global growth story. The bottom line: Stock drivers stall out. His prediction:1520
The in-betweens
1675 is the prediction from Abby Joseph Cohen, Goldman Sachs; and Tobias Levkovich, Citigroup
-
Mission accomplished
Good luck guys!
-NT
Mission accomplished what? You act like you knew there would be fake pandemic. This has ZERO to do with Trump policy or his economics. Seriously, I wouldn’t let you handle $1 of my money.
-
Really? These people are paid big money for their “Wisdom.” This is how they did in 2008. FYI, the S&P closed the year at 900.
2008 predictions for the S&P 500 - ABC News
https://abcnews.go.com/Business/story?id=4073939&page=1
The most conservative forecast comes from Abhijit Chakrabortti of Morgan Stanley. His thesis: Profit growth estimates are way too high. Pesky inflation pressures will make it tougher for the Fed to lower rates aggressively. Add to that negative news on the global growth story. The bottom line: Stock drivers stall out. His prediction:1520
The in-betweens
1675 is the prediction from Abby Joseph Cohen, Goldman Sachs; and Tobias Levkovich, Citigroup
Do you know why some people get some predictions right? Luck, chance, etc.
Do you know why nobody can predict the market consistently? Because when it comes to the stock market, nobody knows nuttin.
It’s the old saying that if you predict rain every day eventually you’ll be right.
Exactly!
-
Mission accomplished
Good luck guys!
-NT
+1985 today
Biggest point gain in the markets history. What say you?
-
+1985 today
Biggest point gain in the markets history. What say you?
You won't get a response. That poster only self-responds.
-
I can see gold and silver being the next to take a hit. The gold miner ETF (GDX) just broke through support today. It often foreshadows Gold moves.
Gold miners (GDX)got absolutely crushed today even in the face of this huge stock rally. I’m already short silver and am free rolling on the trade (Stop lose = Entry point) but I can see a big drop for Gold and the Gold Bugs getting ass raped yet again.
-
You won't get a response. That poster only self-responds.
Maybe someone can compare IPs and find that guys real account ???
-
+1985 today
Biggest point gain in the markets history. What say you?
It just retraced the biggest point loss which happened one day prior. Look at the prices of the big banks: citibank and Wells Fargo are down over 40% from recent highs. That’s more than just a correction.
I haven’t been calling for a crash here for three years. I’m just going with what I’m seeing now and it’s not good.
-
Dow down -357 points, -4,000 points this week.
Anticipate emergency Fed action in attempt to save collapsing Market.
Relief/short cover rally soon.
-NT
https://www.washingtonpost.com/business/2020/03/15/federal-reserve-slashes-interest-rates-zero-part-wide-ranging-emergency-intervention/
Panicking Fed lowers rates to ZERO
$700 billion in Bond purchases as QE 4 begins
Fed out of bullets?
-NT
-
https://www.washingtonpost.com/business/2020/03/15/federal-reserve-slashes-interest-rates-zero-part-wide-ranging-emergency-intervention/
Panicking Fed lowers rates to ZERO
$700 billion in Bond purchases as QE 4 begins
Fed out of bullets?
-NT
Futures down big.
-
https://www.washingtonpost.com/business/2020/03/15/federal-reserve-slashes-interest-rates-zero-part-wide-ranging-emergency-intervention/
Panicking Fed lowers rates to ZERO
$700 billion in Bond purchases as QE 4 begins
Fed out of bullets?
-NT
https://www.zerohedge.com/markets/houston-we-have-big-problem-futures-crude-tumble-open-gold-soars
-NT
-
https://www.zerohedge.com/markets/houston-we-have-big-problem-futures-crude-tumble-open-gold-soars
-NT
https://www.zerohedge.com/markets/fed-panics-powell-cuts-rates-zero-announces-700bn-qe5-unveils-enhanced-global-swap-lines
Fed panics?
Who knew?
-NT
-
If the down pattern continues, the next stop for the S&P is ~220. To
-
If the down pattern continues, the next stop for the S&P is ~220. To
Dec 2018 LOW in play
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-cuts-rates-starts-qe-covid-19-coronavirus-bear-market-apple-microsoft-tesla/
-NT
-
Dec 2018 LOW in play
https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fed-cuts-rates-starts-qe-covid-19-coronavirus-bear-market-apple-microsoft-tesla/
-NT
Usually when the fed does something dramatic there’s a rally which eventually peters out but I’ve never seen the market immediately tank.
-
Usually when the fed does something dramatic there’s a rally which eventually peters out but I’ve never seen the market immediately tank.
Wall Street realizes Fed is out of bullets
No Fear
Floor Traders talking 60% Market Crash?
-NT
-
Gold miners (GDX)got absolutely crushed today even in the face of this huge stock rally. I’m already short silver and am free rolling on the trade (Stop lose = Entry point) but I can see a big drop for Gold and the Gold Bugs getting ass raped yet again.
Silver down another 17%. I’m going to the cashiers window this morning.
-
Silver down another 17%. I’m going to the cashiers window this morning.
Why? Now is the time to hold not sell.
-
Thin Lizzy,
Unless you are trolling, your posts on this thread as of late show that you are panicking and drinking the Kool Aid.
Invest long term in low cost, broad index funds, as early and as often as possible, rain or shine, and you'll be just fine. 8)
-
https://www.washingtonpost.com/business/2020/03/15/federal-reserve-slashes-interest-rates-zero-part-wide-ranging-emergency-intervention/
Panicking Fed lowers rates to ZERO
$700 billion in Bond purchases as QE 4 begins
Fed out of bullets?
-NT
https://www.zerohedge.com/markets/quarantative-easing-fails-sp-brent-down-10-european-banks-all-time-low-monday-massacre
Monday Massacre?
Fed out of bullets?
Who knew?
-NT
-
Why? Now is the time to hold not sell.
It’s a short term trade not an investment. I have a 25% profit in a week. That was bigger than my initial profit target. Why get greedy?
-
"Rain or shine, and you'll be just fine..."
(http://3.bp.blogspot.com/_Nhd60UeKAjI/SoYk12F70EI/AAAAAAAAAPI/5jNGsN2C6qo/s400/Young+Elvis+recording.jpg)
-
It’s a short term trade not an investment. I have a 25% profit in a week. That was bigger than my initial profit target. Why get greedy?
Why not wait until this blows over and the price of silver goes back up? Investing is all about greed. Why do it otherwise and why not make the most of your investment?
-
Why not wait until this blows over and the price of silver goes back up? Investing is all about greed. Why do it otherwise and why not make the most of your investment?
I see the problem on this board. Guys like you and loco don’t understand that there’s a whole Nother game going on that you know nothing about: the trading game. Do you really think all that volume you see during the day is “investors” 😂😂😂😂😂? 95% is traders jumping in and out. The problem with staying in a trade too long and getting greedy is that you can turn a winner into a loser.
You’re good guys but you just can’t know what you don’t know.
-
"You just can’t know what you don’t know...".
(http://3.bp.blogspot.com/_Nhd60UeKAjI/SoYk12F70EI/AAAAAAAAAPI/5jNGsN2C6qo/s400/Young+Elvis+recording.jpg)
-
I see the problem on this board. Guys like you and loco don’t understand that there’s a whole Nother game going on that you know nothing about: the trading game. Do you really think all that volume you see during the day is “investors” 😂😂😂😂😂? 95% is traders jumping in and out. The problem with staying in a trade too long and getting greedy is that you can turn a winner into a loser.
You’re good guys but you just can’t know what you don’t know.
I may not know or care much about investing but I know it's stupid to sell when you know it's going back up soon.
-
(http://3.bp.blogspot.com/_Nhd60UeKAjI/SoYk12F70EI/AAAAAAAAAPI/5jNGsN2C6qo/s400/Young+Elvis+recording.jpg)
LOL ;D
-
View in browser | nytimes.com
BREAKING NEWS
Trading was halted as U.S. stocks dropped 8% at the open, despite an extraordinary move by the Fed failed to prevent more investor panic.
Monday, March 16, 2020 9:42 AM EST
Investors were confronted with weak economic readings out of both China and the United States, the world’s largest economies. Chinese officials reported that retail sales, manufacturing activity and investment in the first two months of the year slumped by even more than economists had expected, and a gauge of manufacturing activity in New York state collapsed by the most ever in a month.
-
Why not wait until this blows over and the price of silver goes back up? Investing is all about greed. Why do it otherwise and why not make the most of your investment?
You can't buy any silver at this price. Physical is almost sold through. Decoupling of paper ETF silver and physical is happening. Silver eagles will not go below $20 regardless of paper spot price.
-
Coronavirus stock market crash of 2020 coming.
-NT
Dow DOWN -3,000+ points
Buy the dip?
I dare you
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
Gotta give credit where it's due:
Nobody but Neur0-mons knew back in 2016 that a global health pandemic was coming.
It was nice of him to give us the "early warning."
-
Dow DOWN -3,000+ points
Buy the dip?
I dare you
-NT
I dare YOU to reply to any posts other than your own.
Hell, I dare you to post in this thread at any time other than when the markets are down.
Tick tock...
-
Coronavirus stock market crash of 2020 coming.
-NT
https://www.thegatewaypundit.com/2020/03/market-crash-over-coronavirus-panic-dow-plunges-3000-points/
Coincidence?
Floor traders talking 60% Crash?
Getting closer....
Buy the “dip”?
-NT
-
-NT
*I do not read or respond to posts.
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
-
"Floor traders talking 60% Crash...
Getting closer....
Buy the “dip”...
Baby, baby, baby...I love you...
(http://3.bp.blogspot.com/_Nhd60UeKAjI/SoYk12F70EI/AAAAAAAAAPI/5jNGsN2C6qo/s400/Young+Elvis+recording.jpg)
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
Dead cat bounce coming?
-NT
-
Dead cat bounce coming?
-NT
Dow UP +1,034 points
http://www.marketwatch.com/story/charting-a-corrective-bounce-sp-500-attempts-rally-amid-historic-volatility-spike-2020-03-17-121033755
Purely coincidental
-NT
-
"Stocks aren’t bargains yet"
https://www.marketwatch.com/story/stocks-arent-bargains-yet-but-a-buying-opportunity-will-come-heres-how-youll-know-its-here-2020-03-16?siteid=yhoof2&yptr=yahoo
S&P 500 P/E ratio
https://www.multpl.com/s-p-500-pe-ratio
-
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
Neuro-mons is a bigger joke than howard "the coward" on this board.
And, we all remember how "that" ended up...
-
42 pages of Neurotoxin proving he knows nothing. Neuro. Let’s compare my smallest stock portfolio to what you have ....even after the 6000 point drop.
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
When $SPX breaks 2,346 floodgates will open
-NT
-
When $SPX breaks 2,346 floodgates will open
-NT
Trading HALTED @ 2,346?
Coincidence?
-NT
-
Getting near the bottom methinks.
Almost there.
-
Getting near the bottom methinks.
Almost there.
Only if they shutter the market. Consumer based economy with no consumption = unlimited bottom.
-
Will The Costs Of A Great Depression Outweigh The Risks Of Coronavirus?
The Federalist ^ | March 18, 2020 | Joy Pullman
Posted on 3/18/2020, 3:56:21 PM
Federal and state governments are making a massive gamble about a little-understood new virus. They are betting our future on the most extreme worst-case scenario without considering the costs.
Federal and state governments are making a massive gamble about a little-understood new virus. They may not only be betting our entire economy, but our nation’s future. Thus it’s imperative that they not make foolish choices.
We shouldn’t allow policy under a Republican president to be driven by a Democrat like Steve Mnuchin, whose overwhelming priority is reassuring Wall Street above all else. Voters don’t vote for Donald Trump to get Obama-Bush bailouts of Wall Street and welfare expansions.
The current gamble seems to be to shut down the nation indefinitely to suppress a virus that is especially deadly to some demographics and experts agree cannot be contained, only slowed. The New York Times claims the basis of many U.S. officials’ decisions so far is a report from Imperial College London, and other models that spit out similar results. It says to contain the virus it will be necessary to quarantine Americans for two- to three-month stretches repeatedly over the next 18 months.
The alternative, says the report, is 4 million Americans dead, half who would otherwise have lived but instead die for lack of medical capacity such as ventilators. If we merely quarantine sick people and those at risk, a “mitigation” strategy, it projects the U.S. death toll at about 2 million, again half from lack of ventilators, not depth of disease.
And it does flatten the curve — but not nearly enough. The death rate from the disease is cut in half, but it still kills 1.1 million Americans all by itself. The peak need for ventilators falls by two-thirds, but it still exceeds the number of ventilators in the US by 8 times.
— Jeremy C. Young (@jeremycyoung) March 17, 2020
This is why state governors are shutting down restaurants, schools, entertainment venues, government offices, parks, historical sites, churches, and travel. Most Americans and businesses likely can sustain a suspension of their lives for two weeks, the usual annual vacation time.
But start extending these bans to one and two months, and then to four and six months, and people are going to revolt as they sit chained to their houses, watching their jobs, businesses, and retirement accounts disappear, replaced with funny money taken from yet-unborn generations and no end in sight. Numerous people are already skeptical and fed up with the lockdowns, and we’re not a week in.
Computer Estimates Can’t Weigh All of the Real Risks
Plus, these are just estimates, not a crystal ball. We can’t know the future, and different countries have already shown highly different disease spreads based on different population characteristics, health care capacity, and government response.
Just one competing projection, from the Hoover Institution, suggests “the total number of cases world-wide will peak out at well under 1 million, with the total number of deaths at under 50,000″ (emphasis added). This is near the annual death rate due to flu in the United States alone. We don’t know if that estimate is accurate either, but that’s the point.
Here’s another hysteria skeptic with impeccable medical and statistical knowledge, John P.A. Ioannidis, a professor of medicine, epidemiology, and statistics at Stanford University and co-director of Stanford’s Meta-Research Innovation Center.
If we assume that case fatality rate among individuals infected by SARS-CoV-2 is 0.3% in the general population — a mid-range guess from my Diamond Princess analysis — and that 1% of the U.S. population gets infected (about 3.3 million people), this would translate to about 10,000 deaths. This sounds like a huge number, but it is buried within the noise of the estimate of deaths from ‘influenza-like illness.’ If we had not known about a new virus out there, and had not checked individuals with PCR tests, the number of total deaths due to ‘influenza-like illness’ would not seem unusual this year. At most, we might have casually noted that flu this season seems to be a bit worse than average. The media coverage would have been less than for an NBA game between the two most indifferent teams.
If we assume that case fatality rate among individuals infected by SARS-CoV-2 is 0.3% in the general population — a mid-range guess from my Diamond Princess analysis — and that 1% of the U.S. population gets infected (about 3.3 million people), this would translate to about 10,000 deaths. This sounds like a huge number, but it is buried within the noise of the estimate of deaths from ‘influenza-like illness.’ If we had not known about a new virus out there, and had not checked individuals with PCR tests, the number of total deaths due to ‘influenza-like illness’ would not seem unusual this year. At most, we might have casually noted that flu this season seems to be a bit worse than average. The media coverage would have been less than for an NBA game between the two most indifferent teams.
Some worry that the 68 deaths from Covid-19 in the U.S. as of March 16 will increase exponentially to 680, 6,800, 68,000, 680,000 … along with similar catastrophic patterns around the globe. Is that a realistic scenario, or bad science fiction?
We’re acting as if coronavirus is for sure going to amount to the worst-case scenario without knowing that is true. If we all do shelter in place for the next year and a half while politicians pass the equivalent of the Obama-Bush stimulus that suffocated the economy 12 years ago, the “experts” will insist the nation’s long-term ability to provide for itself was required to save millions of lives. There will be no way to prove them wrong, even if they are.
It seems a fool’s errand to pre-emptively and indefinitely risk everyone’s livelihoods without hard information about what is happening and a risk assessment that includes the serious dangers of killing the U.S. economy, not what computers project will happen with lots of missing, unreliable, and rapidly changing information.
Some Things We Do Know Indicate Cautious Optimism
The current numbers we have not only show that different countries are managing the disease better and worse, but that not one of the countries further along in the spread of the virus is anywhere close yet to indicating these apocalyptic numbers for the United States, at least in the next two to three months.
Here is a chart my husband made using WHO, CDC, and other public data about deaths per day of outbreak. It shows the U.S. death rate due to Wuhan flu is much lower at the same stage of the outbreak than most of the other high-spread countries.
alt
Anywhere from 80 percent of infections in adults to 95 percent of infections in children appear to be mild to moderate cases overcome in about two weeks with rest at home. The vast majority of cases look like CBS News Correspondent Seth Doane’s. He can even be on TV while infected, for pete’s sake.
NEW: CBS News correspondent @SethDoane has been diagnosed with COVID-19. Doane has decided to self-identify and is currently under quarantine in Rome.
Doane describes his experience from his home for @CBSThisMorning: pic.twitter.com/XWBl6wIMyV
— CBS This Morning (@CBSThisMorning) March 16, 2020
Sharyl Attkisson has gone through the U.S. deaths to March 17, and as in other countries they are overwhelmingly among the very elderly and people with pre-existing conditions. The entire population is not at severe risk from coronavirus — although we are at severe risk from a wrecked economy and welfare expansions beyond Franklin Delano Roosevelt’s wildest dreams.
If we continue the present course U.S. politicians are taking, “we’ll be spending a lot more than we’ve ever been willing to spend before to avoid flu deaths. Eighty-three percent of our economy will be suppressed to relieve pressure on the 17% represented by health care. This will have to last months, not weeks, to modulate the rate at which a critical mass of 330 million get infected and acquire natural immunity,” writes Holman Jenkins at The Wall Street Journal.
Is it right for the nation to require our children’s futures be destroyed to keep alive less than 1 percent of our population until the next flu season? Could we not attempt to keep them safe by less disastrous means?
Most Working- and School-Age Americans Are at Low Risk
Every year, 40,000 Americans die in car wrecks. I don’t see any critical mass of politicians calling for banning cars, and if they did, they would lose their next election. That’s because we as Americans have decided that the benefits of modern transportation outweigh the lives of 40,000 Americans a year, which a few years ago included my own young brother. Do I still drive a car? Daily.
My point here is not that I like people dying. It’s that very often our society chooses to allow deaths because the alternative is worse. I’m suggesting the severe social and economic tradeoffs of unlimited quarantine are an important consideration that is not being taken seriously enough.
That’s especially true because the majority of people now being kept home are not at severe risk. Here are the currently known fatality risks by age and comorbidity (pre-existing health problems), from WHO and Chinese data:
altalt
Would it be more prudent to severely shelter those at risk while the rest of us keep the country going? We can take steps like this while not choosing to crush small businesses and employees who cannot telework for one or two months, let alone 18.
Iceland Foods at Kennedy Centre, West Belfast will be opening their store between 8-9am for the elderly starting this Tuesday. The wider public are asked to respect this hour as it has been allocated for elderly people only. Would be great to see other stores now do the same 👏 pic.twitter.com/nfu5Hsz5um
— Paul Doherty (@Paul_Doherty__) March 15, 2020
These Doomsday Models Have Serious Flaws
In introducing his competing model, Richard Epstein at the Hoover Institution writes of serious flaws in predictions of 1 million or more Americans dead from coronavirus:
Based on the data, I believe that the current dire models radically overestimate the ultimate death toll. There are three reasons for this.
First, they underestimate the rate of adaptive responses, which should slow down the replication rate. Second, the models seem to assume that the vulnerability of infection for the older population—from 70 upward—gives some clue as to the rate of spread over the general population, when it does not. Third, the models rest on a tacit but questionable assumption that the strength of the virus will remain constant throughout this period, when in fact its potency should be expected to decline over time, in part because of temperature increases.
He points out that South Korean data, which is more complete than most other countries’ data, shows huge disparities in risks between old and unhealthy and young and healthy. “Clearly, the impact on elderly and immunocompromised individuals is severe, with nearly 90% of total deaths coming from individuals 60 and over. But these data do not call for shutting down all public and private facilities given the extraordinarily low rates of death in the population under 50,” Epstein writes.
alt
“Of course, every life lost is a tragedy…but those deaths stemming from the coronavirus are not more tragic than others, so that the same social calculus applies here that should apply in other cases,” he says.
A Depression Will Ruin 330 Million Lives, Not 4 Million
The costs Americans are being forced to bear may be more than is rational to impose. Already one-fifth of working Americans are being laid off and having work hours cut due to not even one week of suspensions.
“[T]he massive curtailments of the U.S. economy can have as many health consequences as the virus itself—if millions lose income and jobs, become depressed in self-isolation, increase smoking, and drug and alcohol use, and postpone out of fear necessary buying and visits to doctors and hospitals for chronic and serious medical conditions unrelated to the virus,” writes Victor Davis Hanson.
What if the real scenario is one of these: 1) We plunge the nation into a depression that kills many businesses and addicts millions to welfare, in a nation that has already pledged more welfare than it can afford for at least the next three generations. Because of this depression, many people die due to poverty, lack of medical care, and despair. Millions more transform from workers to takers, causing a faster implosion of our already mathematically impossible welfare state.
2) The nation quarantines only at-risk populations and those with symptoms, like South Korea has, and ensures targeted and temporary taxpayer support to those groups, goes nuts cranking out ventilators and other crisis equipment such as temporary hospitals using emergency response crews, while the rest of us keep calm, wash our hands, take extreme care with the at-risk groups, and carry on.
Why would the entire nation grind to a halt when the entire nation is not at a severe risk? I would rather have a flu I am 99.8 percent likely to survive than the nation plunged into chaos indefinitely because we pulled the plug on our economy during a stampede.
At the very least, Congress should wait a week or two, while half the nation or more is home, to see how the infection rates look as millions of test kits go out. The worst-case scenario they are predicating their actions on may not be the one we’re facing. Prudence suggests a measured, wait and see approach to policy until we have better information, not chucking trillions of my kids’ dollars out the window “just in case.”
-
I think the government is way overreacting to this. Giving everyone 1 or $2000 is not going to do anything to stop the virus and only rapidly expand the debt.
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
https://www.investors.com/market-trend/stock-market-today/dow-jones-plunges-as-much-as-2300-points-trump-rally-round-trips/
Dow DOWN -1,300+ today
Best Market ever?
New Bentley ordered?
Should I upgrade my personal Jet?
Floor traders talking Dow 15,000?
Dow 15k = 60% Crash
Having too much fun!
-NT
-
Once #Coronavirus spreads into NYC it will ultimately end up on The Floor @ NYSE
Floor Traders are extremely nervous
Contingency plans underway to keep NYSE running (electronically only)
-NT
https://www.zerohedge.com/markets/nyse-kicks-out-humans-moving-temporarily-fully-electronic-trading
Vacation time?
Another coincidence?
-NT
-
Oil is $20 a barrel. Un fucking believable. It was at 60 just a month ago.
-
https://www.zerohedge.com/markets/nyse-kicks-out-humans-moving-temporarily-fully-electronic-trading
Vacation time?
Another coincidence?
-NT
You were right on this. No lie.
-
https://www.investors.com/market-trend/stock-market-today/dow-jones-plunges-as-much-as-2300-points-trump-rally-round-trips/
Dow DOWN -1,300+ today
Best Market ever?
New Bentley ordered?
Should I upgrade my personal Jet?
Floor traders talking Dow 15,000?
Dow 15k = 60% Crash
Having too much fun!
-NT
No more floor traders. I’ll bet it never reopens. It’s been a sham for many years. All trading is already done electronically. It’s not like these guys are still yelling bids across the room.They’ll probably make it into a museum.
New York Stock Exchange closes trading floor, will operate electronically
https://www.nbcnews.com/business/markets/new-york-stock-exchange-closes-trading-floor-will-operate-electronically-n1162696
-
It’ll certainly be a minute before I look again. ;D
-
https://www.zerohedge.com/markets/nyse-kicks-out-humans-moving-temporarily-fully-electronic-trading
Vacation time?
Another coincidence?
-NT
You keep posting bullshit while avoiding the debate because you know you’ll get your ass handed to you. You’re like an ankle biter, post, run and don’t engage
-
I'm continuing to contribute 15% of my earnings to my 401K. Tell me why I am right or wrong for doing this?
-
I'm continuing to contribute 15% of my earnings to my 401K. Tell me why I am right or wrong for doing this?
I think right or wrong is an opinion, and those vary with good (and stupid) reasons.
One way to look at it is to consider that, although returns suck right now, your work contribution is continuing to buy market shares at a greatly reduced rate from the pre-pandemic baseline.
Once things stabilize and start trending back towards “normalcy,” you will be making gains on a greater number of shares.
Some “experts” claim that this either will or won’t actually put you ahead of where you’d been had the pandemic’s effect never occurred, but that depends on too many other variables to make a blanket prediction.
I think a sensible strategy is to monitor the trends in your 401’s performance and do what you’re comfortable with and can afford.
Too many people overreact out of greed or panic, and it comes back to bite them in the ass in a big way.
-
This "black swan" event is the investment opportunity of a lifetime.
I'm hoping for the P/E of the S&P to drop to 15 before I make a move. As of yesterday it was 18.
Getting close.
Then I'm dumping bonds and piling into a low cost, US equity index fund.
https://www.multpl.com/s-p-500-pe-ratio
-
https://www.zerohedge.com/markets/nyse-kicks-out-humans-moving-temporarily-fully-electronic-trading
Vacation time?
Another coincidence?
-NT
Temporary hiatus from NYSE?
GB Politics board a graveyard w/o NT?
Due to POPULAR DEMAND, NT will consider posting while on vacation
-NT
-
I'm continuing to contribute 15% of my earnings to my 401K. Tell me why I am right or wrong for doing this?
You are right, smart man. Hopefully the bulk of your contributions are going into an S&P 500 Index fund. All 401K programs have at least one.
And hopefully you already have a year worth of expenses stashed in a savings account too.
-
I'm continuing to contribute 15% of my earnings to my 401K. Tell me why I am right or wrong for doing this?
I’m doing the same, actually upped my contribution a bit.
Man, in another life, you and me would probably be beer drinking buddies, running trains on Nancy Pelosi! :D
-
El Profeta approved:
-
Temporary hiatus from NYSE?
GB Politics board a graveyard w/o NT?
Due to POPULAR DEMAND, NT will consider posting while on vacation
-NT
$SPX holding Dec 2018 support @ 2346
Oil prices favorable?
Friday rally coming?
-NT
-
I'm continuing to contribute 15% of my earnings to my 401K. Tell me why I am right or wrong for doing this?
“The investor is like a chicken unaware he is about to become a broiler. Awareness usually results from an accumulation of errors. Not, however, in the case of the investor. Decade after decade, he continues to attribute his losses either to unpredictable economic circumstances or to his own incompetence. Yet in reality the investors losses are caused by the infinitely elaborated controls exerted over the investment process by the big money insiders of the Stock exchange. The scandal of the age is that mass education turns investors into puppets, the media fasten the strings and the exchange then hangs them.”
Richard Ney
1975
Could one of those controls be to use a health scare as cover for a market crash?🤔
-
$SPX holding Dec 2018 support @ 2346
Oil prices favorable?
Friday rally coming?
-NT
Not a fan of buying double bottoms. They get broken more often then they hold. They might hold for a short time and than get broken on the triple bottom or the fourth one.
-
I’m doing the same, actually upped my contribution a bit.
Man, in another life, you and me would probably be beer drinking buddies, running trains on Nancy Pelosi! :D
She has daughters! Not sure if they have her luscious tits though! :)
-
I’m doing the same, actually upped my contribution a bit.
Man, in another life, you and me would probably be beer drinking buddies, running trains on Nancy Pelosi! :D
Abraham G is not nearly as big of a dick in real life, real nice guy. So I've heard. ;)
-
Abraham G is not nearly as big of a dick in real life, real nice guy. So I've heard. ;)
That's very nice of you to say (in a back handed as fuck complimentary sort of way). Funny, I've heard the same about you.
;D
-
;D
-
Not a fan of buying double bottoms. They get broken more often then they hold. They might hold for a short time and than get broken on the triple bottom or the fourth one.
How about endless bottoms? They are closing trading so what does that tell you? The bad news as far as the real cases and sickness on TV has yet to come and people don't have the stomach for it.
Market is just as fake now as it was before this happened. Deflation next 6 months and then inflation from the dollar printing when things start getting back to normal. Banks and corps already got their trillions....debt slaves get a couple grand in helicopter money. Middle class that pays all the taxes gets dick.
-
“The investor is like a chicken unaware he is about to become a broiler. Awareness usually results from an accumulation of errors. Not, however, in the case of the investor. Decade after decade, he continues to attribute his losses either to unpredictable economic circumstances or to his own incompetence. Yet in reality the investors losses are caused by the infinitely elaborated controls exerted over the investment process by the big money insiders of the Stock exchange. The scandal of the age is that mass education turns investors into puppets, the media fasten the strings and the exchange then hangs them.”
Richard Ney
1975
Could one of those controls be to use a health scare as cover for a market crash?🤔
The "investor" in this quote sounds like a day trader or market timing fool like Neuro-mons, not at all like a wise, long term, index fund investor.
-
The "investor" in this quote sounds like a day trader or market timing fool like Neuro-mons, not at all like a wise, long term, index fund investor.
Index funds protect you against individual stock risk. They do nothing to protect you from overall market risk. In a crash, all stocks go down just some more than others. Here’s a radical idea. How about admitting that I pointed out a flaw in your investment strategy two years ago and it’s playing itself out now.
At the end of the day there’s no perfect strategy. They all have drawbacks. The drawback of the one I recommend is that you can get whipsawed. The problem with yours is that if the market crashes you crash with it.
We’re actually not as far apart as you might think. If you could tell me that markets would never go down more than 20% going forward, I’d be perfectly content to stay in forever, but you can’t.
-
Index funds protect you against individual stock risk. They do nothing to protect you from overall market risk. In a crash, all stocks go down just some more than others. Here’s a radical idea. How about admitting that I pointed out a flaw in your investment strategy two years ago and it’s playing itself out now.
We’re actually not as far apart as you might think. If you could tell me that markets would never go down more than 20% going forward, I’d be perfectly content to stay in forever, but you can’t.
LOL...WTF?
It's not my investment strategy. Nobody said it's perfect, and nobody said it's a strategy for everyone. Name one "perfect" or "flawless" investment or investment strategy. Even stashing cash in your mattress or putting all of your money in a savings account is risky.
All investments and all investment strategies are risky, they just have varying levels of risk. Low risk = low reward, while high risk = high reward. There are spots in between those two as well.
If I could tell you what the market would or wouldn't do, I'd be a trillionaire. What I can tell you is that the stock market could go down 90%, and if it did I'd still stay the course, as I've done in past crashes and past recessions, which are actually great buying opportunities for me. This isn't the time to get out. This is the time to hold and buy more.
BTW, index funds also protect you from high, unnecessary fees that instead get reinvested. With compounding, that could mean hundreds of thousands of dollar overtime. Index funds also protect you from fund overlap, and also protect you from foolish fund managers that historically underperform index funds over the long run.
I noticed you didn't mention bonds and emergency funds when bringing up "my" strategy. The strategy I have chosen, which isn't mine, is one that calls for:
1. Paying off consumer debt.
2. Building an emergency fund equal to a year worth of expenses in a high yield savings account and CDs.
3. Investing as early, as often, and as much as possible, rain or shine, in a three fund portfolio:
a. A total US stock index fund
b. A total international stock index fund
c. A total US bond index fund.
Choosing an asset allocation for these three, say 30.3% each, then rebalancing once per year regardless of what the market does to keep your chosen asset allocation.
This strategy has worked well for many people, for many decades.
Whatever investment strategy you've chosen, if you get out when the going gets tough, it just means you can't handle the level of risk you've chosen and you must go for a less risky and "safer" approach and you deserve the mediocre returns you are going to get in the end from that safer strategy.
Good luck to you!
-
Rethinking the Coronavirus Shutdown: No society can safeguard public health for long at the cost of its economic health.
Wall Street Journal ^ | March 19, 2020 | WSJ Editorial Board
Posted on 3/20/2020, 9:26:42 AM
Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine. This won’t be popular to read in some quarters, but federal and state officials need to start adjusting their anti-virus strategy now to avoid an economic recession that will dwarf the harm from 2008-2009.
The vast social-distancing project of the last 10 days or so has been necessary and has done much good. Warnings about large gatherings of more than 10 people and limiting access to nursing homes will save lives. The public has received a crucial education in hygiene and disease prevention, and even young people may get the message. With any luck, this behavior change will reduce the coronavirus spread enough that our hospitals won’t be overwhelmed with patients. Anthony Fauci, Scott Gottlieb and other disease experts are buying crucial time for government and private industry to marshal resources against the virus.
Yet the costs of this national shutdown are growing by the hour, and we don’t mean federal spending. We mean a tsunami of economic destruction that will cause tens of millions to lose their jobs as commerce and production simply cease. Many large companies can withstand a few weeks without revenue but that isn’t true of millions of small and mid-sized firms.
Even cash-rich businesses operate on a thin margin and can bleed through reserves in a month. First they will lay off employees and then out of necessity they will shut down. Another month like this week and the layoffs will be measured in millions of people.
(Excerpt) Read more at wsj.com ...
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
https://www.zerohedge.com/markets/crash-2000-now-worse-great-depression
Stock Market crash?
NT warned in Feb?
Dow 15k if no treatment found?
-NT
-
https://www.zerohedge.com/markets/crash-2000-now-worse-great-depression
Stock Market crash?
NT warned in Feb?
Dow 15k if no treatment found?
-NT
In Feb of 2016
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
(https://www.zerohedge.com/s3/files/inline-images/bfm228A.jpg?itok=is-5zV52)
-
Quantitative easing & stock buybacks have held this market up since 2009. Once Coronavirus becomes pandemic, (very close) stock market will suffer historic crash.
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Do not say you were not warned!
Get prepared.
-NT
https://www.zerohedge.com/markets/minsky-moment-arrives-damage-done-market-signals-end-buy-dip-era
NT owns this board
It’s a GRAVEYARD w/o him
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
Once an effective treatment arises ( chloroquine w/ azithromycin?) Markets will storm back extremely STRONG. Until then, play defense as great opportunities to BUY await.
With nothing left to prove, and refusing to gloat during a national tragedy, NT is signing off...
Stay safe
-NT
-
NT, any suggestions for a short-term investment?
-
NT, any suggestions for a short-term investment?
-NT
*I do not read or respond to posts.
(https://media.giphy.com/media/26tkl85Bx9GaM9cqc/giphy.gif)
-
Not a peep from Neuro-Mons the past two days. No surprises there. :D
March 26, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
Not a peep from Neuro-Mons the past two days. No surprises there. :D
March 26, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
Neurotoxin/Mons Venus is awfully quiet. He only posts when the market drops.
-
Starting to think they are going to try and buy/print their way out of the inevitable bear market that was coming. Interesting times.
-
Neurotoxin/Mons Venus is awfully quiet. He only posts when the market drops.
:D
April 8, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
S&P 500 jumps more than 1%, capping off its best week since 1974
Stocks rose sharply on Thursday, wrapping up a big week of gains, after the Federal Reserve gave more details on how it will support the economy amid the coronavirus pandemic.
The S&P 500 gained 1.5% to close at 2,789.82 while the Dow Jones Industrial Average advanced 285.80 points, or 1.2%, to 23,719.37. The Nasdaq Composite closed 0.8% higher at 8,153.58.
https://www.cnbc.com/2020/04/08/stock-market-futures-open-to-close-news.html
-
The Fed now = the "market". They can buy anything so valuation is whatever they want it to be. Could be DOW 40,000 this time next year and I would not be surprised. Of course the Consumer Price Index will show 20% inflation for the little folks but who cares right?
-
Great news. I'm only down 14% YTD. A month ago it was 24%.
-
Coronavirus Stock Market Crash of 2020 coming.
-NT
Do not get caught in a suckers rally
Crash not over
-NT
-
Do not get caught in a suckers rally
Crash not over
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Do not get caught in a suckers rally
Crash not over
-NT
2nd leg DOWN begins?
-NT
-
My portfolio is only down 10% from the high at this point.
If I had sold my all equities out of fear I'd be crying right now.
I was around 80% equities prior to the big drop.
The non-equity portion is bonds and cash.
I don't rebalance by selling bonds or equities. What I would do if I thought it smart is change where my future investments go.
Right now I'm building up cash and also buying more equity index funds.
The dumb money panicked and sold their equities and is sitting on the sidelines in cash and bonds. They've f*cked themselves just like in 2008.
Will there be further gyrations in the stock market. Of course.
-
2nd leg DOWN begins?
-NT
Oil sector looks promising
VLO?
-NT
-
My portfolio is only down 10% from the high at this point.
If I had sold my all equities out of fear I'd be crying right now.
I was around 80% equities prior to the big drop.
The non-equity portion is bonds and cash.
I don't rebalance by selling bonds or equities. What I would do if I thought it smart is change where my future investments go.
Right now I'm building up cash and also buying more equity index funds.
The dumb money panicked and sold their equities and is sitting on the sidelines in cash and bonds. They've f*cked themselves just like in 2008.
Will there be further gyrations in the stock market. Of course.
(https://k36.kn3.net/taringa/1/1/3/6/3/7/40/juanchotalarga3/434.jpg)
-
Oil sector looks promising
VLO?
-NT
VLO up +8.34% today?
-NT
-
Neurotoxin/Mons Venus is awfully quiet. He only posts when the market drops.
I know right?
-
Oil sector looks promising
VLO?
-NT
https://www.zerohedge.com/markets/oil-soars-20-hits-goldmans-q3-target-4-months-early-here-comes-june-maturity
-NT
-
(https://k36.kn3.net/taringa/1/1/3/6/3/7/40/juanchotalarga3/434.jpg)
Don't know if I'm out of the loop as far as seeing this before, but lol at this.
-
Do not get caught in a suckers rally
Crash not over
-NT
-
https://apple.news/AeuIJet9xR4aL43olWynuyQ
$SPX 3000 = Top
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Neurotoxin/Mons Venus is awfully quiet. He only posts when the market drops.
True story.
-
Do not get caught in a suckers rally
Crash not over
-NT
https://www.zerohedge.com/markets/bear-market-rally-over-futures-slide-dollar-surges-lifting-bonds
Suckers rally aka Bear Market rally?
-NT
-
https://www.zerohedge.com/markets/bear-market-rally-over-futures-slide-dollar-surges-lifting-bonds
Suckers rally aka Bear Market rally?
-NT
Anticipate temp. support @ SPX 272 (50ma)
Enjoy the show!
-NT
-
Anticipate temp. support @ SPX 272 (50ma)
Enjoy the show!
-NT
https://apple.news/AdCV_f3v4TgKF3wbnMEwB3A
Bouncing off 50ma as anticipated
Enjoy the show!
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
Neurotoxin/Mons Venus should stay away from Vegas.
-
Anticipate temp. support @ SPX 272 (50ma)
Enjoy the show!
-NT
Nice bounce off SUPPORT @ $SPX 272
Follow through Friday?
Too easy
-NT
-
Neuro-mons predicted that the market would go down AND up.
He was right both times!
No one else could ever have seen that coming.
Neuro-mons predicted that the market would go down AND up.
He was right both times!
No one else could ever have seen that coming.
-
Neuro-mons predicted that the market would go down AND up.
He was right both times!
No one else could ever have seen that coming.
^^ Too easy
Enjoy the show!
-
Oil sector looks promising
-NT
https://www.marketwatch.com/story/us-oil-benchmark-on-track-for-nearly-15-weekly-rise-as-focus-shifts-to-supply-cuts-2020-05-15
-NT
-
https://apple.news/AeuIJet9xR4aL43olWynuyQ
$SPX 3000 = Top
-NT
Range: $SPX 2720-3000
-NT
-
Range: $SPX 2720-3000
-NT
$SPX closed @ 3036 ( above 200ma)
Extremely positive sign
If 3000 holds in coming days, we test ALL TIME highs ($SPX 3400)
-NT
-
things back up after initial crash, not fully back but much better, 401K went from 900K to 600K, but getting back up there
-
-
$SPX closed @ 3036 ( above 200ma)
Extremely positive sign
If 3000 holds in coming days, we test ALL TIME highs ($SPX 3400)
-NT
Market pulling back & testing $SPX 3000
Critical 3000 holds (200ma)
-NT
-
Tech sector continues the heavy lifting
$SPX holding 3000 & 200ma
If we continue to hold $SPX 3000, 3400 is in play
NASDAQ 10,000 possible?
With ZIRP & NIRP a reality, yield seekers have limited choices
-NT
-
Tech sector continues the heavy lifting
$SPX holding 3000 & 200ma
If we continue to hold $SPX 3000, 3400 is in play
NASDAQ 10,000 possible?
With ZIRP & NIRP a reality, yield seekers have limited choices
-NT
No clue what this means.
-
I'm sure the current 401k system will be fine in 20 years the way things are going.
-
No clue what this means.
Neither does Neurotoxin/Mons Venus.
-
$SPX closed @ 3036 ( above 200ma)
Extremely positive sign
If 3000 holds in coming days, we test ALL TIME highs ($SPX 3400)
-NT
$DJI up + 500
$SPX closed above 3100
Testing old highs @ 3400 probable
Energy sector strong XLE, XOP
-NT
-
Oil & energy stocks on sale
-NT
-
Oil sector looks promising
-NT
Big $$ will be made
-NT
-
Big $$ will be made
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Oil & energy stocks on sale
-NT
https://www.marketwatch.com/story/oil-prices-rise-as-opec-seen-setting-stage-for-weekend-meeting-2020-06-05
-NT
-
Oil sector looks promising
-NT
Don’t say you weren’t warned
-NT
-
Don’t say you weren’t warned
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
Oil sector looks promising
-NT
https://www.barrons.com/articles/crude-prices-oil-stocks-opec-production-brent-west-texas-intermediate-51591639957
Always look FORWARD
-NT
-
$SPX closed @ 3036 ( above 200ma)
Extremely positive sign
If 3000 holds in coming days, we test ALL TIME highs ($SPX 3400)
-NT
$SPX 3,232 close today
Opinion unchanged
-NT
-
$SPX 3,232 close today
Opinion unchanged
-NT
(https://pbs.twimg.com/media/ETHrw7HXsAIO74O.jpg)
-
Beware.
No Fed help this time around.
June 09, 2020
The markets have shrugged off the recession, as the NASDAQ is on track for the quickest recovery from the lows it hit earlier this year. The index closed 1.13% higher at an all-time high of 9924.75 on Monday.
The S&P 500 also recovered all the losses for 2020, closing at 3,232.39, higher by 1.20% for the day.
https://www.benzinga.com/news/20/06/16208538/markets-soar-as-us-economy-ends-its-longest-expansion-in-history-enters-recession
-
When crash? ???
-
There was tremendous opportunity to make money on this dip.
-
Neurotoxin/Mons Venus should stay away from Vegas.
Opinion unchanged.
-
Tech sector continues the heavy lifting
$SPX holding 3000 & 200ma
If we continue to hold $SPX 3000, 3400 is in play
NASDAQ 10,000 possible?
With ZIRP & NIRP a reality, yield seekers have limited choices
-NT
https://www.businessinsider.com/nasdaq-hits-10000-first-time-ever-tech-shares-rally-stocks-2020-6
NASDAQ 10,000?
-NT
-
https://www.businessinsider.com/nasdaq-hits-10000-first-time-ever-tech-shares-rally-stocks-2020-6
-NT
-
https://www.businessinsider.com/nasdaq-hits-10000-first-time-ever-tech-shares-rally-stocks-2020-6
-NT
I hear McDonalds is hiring. I think you’d probably be better there
-
of course it bounces back quick when the best economy in history was upon us before the chinks and dems ran wild with retardation
-
of course it bounces back quick when the best economy in history was upon us before the chinks and dems ran wild with retardation
LOL
-
Opinion unchanged.
;D
-
Market overbought?
Exercise caution
-NT
-
Market overbought?
Exercise caution
-NT
Dow down -1,871
http://www.marketwatch.com/story/dow-sp-500-records-biggest-drop-since-march-as-wall-street-buckles-under-selling-pressure-2020-06-11
-NT
-
Dow down -1,871
http://www.marketwatch.com/story/dow-sp-500-records-biggest-drop-since-march-as-wall-street-buckles-under-selling-pressure-2020-06-11
-NT
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
$SPX MUST hold 3000 & 200ma
Play defense
-NT
-
Market overbought?
Exercise caution
-NT
https://www.zerohedge.com/markets/stocks-crash-hit-biggest-sell-program-record-retail-favorites-implode
-NT
-
(https://pbs.twimg.com/media/ETHrw7HXsAIO74O.jpg)
-
June 12, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
Market overbought?
Exercise caution
-NT
If $SPX brakes below 3000, anticipate a huge selloff
-NT
-
If $SPX brakes below 3000, anticipate a huge selloff
-NT
$SPX 3000 is key
PPT will use all available tools to avoid breach
Exercise CAUTION
-NT
-
If the market drops a lot, expect a big drop.
Otherwise, if the market goes up a lot, then expect a significant rise.
-
If the market drops a lot, expect a big drop.
Otherwise, if the market goes up a lot, then expect a significant rise.
LOL ;D
-
LOL ;D
Yeah, that's pretty funny. :D
-
$SPX 3000 is key
PPT will use all available tools to avoid breach
Exercise CAUTION
-NT
https://apple.news/AcS0PbRfcQc6EiahRDIyZvA
Using all tools, Fed announces it will now buy corporate bonds
Desperate times = desperate measures
$SPX 3000 = Line in the sand
#NYSE
-NT
-
June 15, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
And the band played on...
(https://i.ytimg.com/vi/Wan0IJuXlys/maxresdefault.jpg)
-
Dow jumps more than 500 points as Wall Street cheers record retail sales comeback
https://www.cnbc.com/2020/06/15/stock-market-futures-open-to-close-news.html
-
Dow jumps more than 500 points as Wall Street cheers record retail sales comeback
https://www.cnbc.com/2020/06/15/stock-market-futures-open-to-close-news.html
I predict the market goes up today.
-
Tick tock...
Trolls should be at least somewhat funny.
-
Did NeuroMons off himself?
Rookie trader kills himself after seeing a negative balance of more than $700,000 in his Robinhood account
https://finance.yahoo.com/m/290e3389-c612-3237-8e81-35e84fe8beb2/rookie-trader-kills-himself.html
-
Did NeuroMons off himself?
Rookie trader kills himself after seeing a negative balance of more than $700,000 in his Robinhood account
https://finance.yahoo.com/m/290e3389-c612-3237-8e81-35e84fe8beb2/rookie-trader-kills-himself.html
Why in the Hell would anyone kill themselves over money?
-
What kind of crazy investing was he doing to go neg by that much?
-
What kind of crazy investing was he doing to go neg by that much?
Options.
-
Just when you think they can't get anymore dumb money in the market...along comes an app like robbin' good.
-
The ‘Single Greatest Predictor of Future Stock Market Returns’ has a message for us from 2030
https://www.marketwatch.com/amp/story/the-single-greatest-predictor-of-future-stock-market-returns-has-a-message-for-us-from-2030-2020-06-19
"Percentage of stock U.S. households own determines the market’s 10-year return."
-
The ‘Single Greatest Predictor of Future Stock Market Returns’ has a message for us from 2030
https://www.marketwatch.com/amp/story/the-single-greatest-predictor-of-future-stock-market-returns-has-a-message-for-us-from-2030-2020-06-19
"Percentage of stock U.S. households own determines the market’s 10-year return."
That's great. Thank you, all who don't invest in the stock market and those who dumped all stocks at the first sign of trouble. ;D
-
https://adventuresincapitalism.com/2020/06/19/stocks-only-go-up/
-
(https://investmentmoats.com/wp-content/uploads/2019/01/20190117-John-Bogle.jpg)
-
(https://investmentmoats.com/wp-content/uploads/2019/01/20190117-John-Bogle.jpg)
(https://images.macrumors.com/t/6oZViR-XacDW0vrMoQf72dKH16Y=/400x0/filters:quality(90)/article-new/2017/02/warren-buffett.jpg)
-
Those old codgers know a thing or two because they've seen a thing or two.
Da-da-da-da-dadada.
(https://d2z1w4aiblvrwu.cloudfront.net/ad/AfiS/farmers-insurance-hall-of-claims-ufh2o-large-8.jpg)
-
Interesting.
Part 1
Part 2
-
Jack Bogle would shit a brick right now and go short, haha.
By the way, as I've been saying for you buy and hold forever types....what has been will not always be....example - an article on how racist the 401k system is:
https://www.yahoo.com/finance/news/one-way-to-reduce-the-racial-wealth-gap-is-with-more-401-ks-expert-192330366.html
Listen to what they say the answer is....offering equal results for unequal input. NOT based in reality and certainly NOT bullish for long term investing.
-
I'm happy my 401 is ONLY down 2% ytd. If it can be even or up a smidge by EOY I'll be in good shape as the next 8 years of Democrats in control will bring the stable yet significant gains we haven't seen since 2009-2016.
-
Jack Bogle would shit a brick right now and go short, haha.
By the way, as I've been saying for you buy and hold forever types....what has been will not always be....example - an article on how racist the 401k system is:
https://www.yahoo.com/finance/news/one-way-to-reduce-the-racial-wealth-gap-is-with-more-401-ks-expert-192330366.html
Listen to what they say the answer is....offering equal results for unequal input. NOT based in reality and certainly NOT bullish for long term investing.
I knew this was coming. Investing is racist! When the left gets the House, Senate and Presidency look for them to start eyeballing the stock market with all of those billions and thinking of all the great programs they could create if they were in charge of all that money.
-
I'm happy my 401 is ONLY down 2% ytd. If it can be even or up a smidge by EOY I'll be in good shape as the next 8 years of Democrats in control will bring the stable yet significant gains we haven't seen since 2009-2016.
(https://www.getbig.com/boards/index.php?action=dlattach;topic=449222.0;attach=493490)
-
BULLISH!!!
In June, 30 percent of Americans missed their housing payments, down slightly from 31 percent in May but still up from 24 percent in April.
Some eviction and foreclosure protections are beginning to expire, creating concern that many Americans will soon lose their housing as a result of missed payments. 37 percent of renters (and 26 percent of homeowners) are at least somewhat concerned that in the next six months they will face an eviction or foreclosure.
https://www.apartmentlist.com/research/june-housing-payments
-
BULLISH!!!
In June, 30 percent of Americans missed their housing payments, down slightly from 31 percent in May but still up from 24 percent in April.
Some eviction and foreclosure protections are beginning to expire, creating concern that many Americans will soon lose their housing as a result of missed payments. 37 percent of renters (and 26 percent of homeowners) are at least somewhat concerned that in the next six months they will face an eviction or foreclosure.
https://www.apartmentlist.com/research/june-housing-payments
What is the % of people who feared foreclosure or eviction before the shutdown?
-
I'm happy my 401 is ONLY down 2% ytd. If it can be even or up a smidge by EOY I'll be in good shape as the next 8 years of Democrats in control will bring the stable yet significant gains we haven't seen since 2009-2016.
LMFAO!
-
I'm happy my 401 is ONLY down 2% ytd. If it can be even or up a smidge by EOY I'll be in good shape as the next 8 years of Democrats in control will bring the stable yet significant gains we haven't seen since 2009-2016.
Wow. I hope you are joking.
-
Jack Bogle would shit a brick right now and go short, haha.
By the way, as I've been saying for you buy and hold forever types....what has been will not always be....example - an article on how racist the 401k system is:
https://www.yahoo.com/finance/news/one-way-to-reduce-the-racial-wealth-gap-is-with-more-401-ks-expert-192330366.html
Listen to what they say the answer is....offering equal results for unequal input. NOT based in reality and certainly NOT bullish for long term investing.
LOL
No, Jack Bogle would do no such thing. I read the article and it says nothing about "offering equal results for unequal input" or about "how racist the 401k system is." This is just an opinion piece by "the vice president of Race and Ethnicity Policy at the Center for American Progress"...LOL...suggesting that low-wage jobs should equally offer 401K benefits just like high-wage jobs do.
I seriously doubt that a law to accommodate this could ever get passed, but even if they did this is hardly a threat to "buy and hold" as you are suggesting. Heck, Democrats have tried for years to pass laws forcing 401K providers to disclose all fees charged to participants, but they haven't been able to. 401K providers are very wealthy and powerful, and fiscally conservative. One can't be paralyzed into inaction with fear of what might be.
SOMEPARTS, you sound just like an actively managed fund sales man. You don't understand passive investing. Passive investors don't advocate for "buy and hold forever." They advocate for "time in the market over timing the market", they advocate for re-balancing your portfolio at least once per year, and they advocate for "buy and hold until you need your money in retirement", not forever. They are also well aware that "past performance does not guarantee future results" and they repeat that often.
There is risk in investing in the stock market. More risk, more reward. If you are risk averse, then you are right to stay away from the stock market and you shouldn't participate in your 401K plan, tough that would be leaving money on the table if your employer offers a match. If you take less risk, good for you, but be content with your returns as mediocre as they might be.
-
"Don't just do something...stand there." -- Jack Bogle
-
I'm happy my 401 is ONLY down 2% ytd. If it can be even or up a smidge by EOY I'll be in good shape
Why? If you are investing long term why does it matter what it looks like by the end of the year? Are you retiring by the end of the year, or do not understand how long term investing works?
as the next 8 years of Democrats in control will bring the stable yet significant gains we haven't seen since 2009-2016.
Are you joking, trolling, or are you just that clueless? Investors hate Democrats' "difficult operating conditions for business" and prefer Republicans' "pro-growth agenda."
The Dow jumped about 95 points on Friday following the swearing in of Donald Trump as America's 45th president.
After an overnight selloff on election night, the stock market welcomed Trump with a bang as the Dow soared 257 points the day after the election. Eventually, the Dow would surge more than 1,400 points between the election and the end of the year.
All told, the U.S. market has gained $1.4 trillion in value since the election, according to S&P Dow Jones Indices.
Instead of worrying about the inherent uncertainty brought on by a Trump administration, investors have focused on the potential upside of his pro-growth agenda. Wall Street is betting Trump's plans to slash taxes, cut regulation and unleash infrastructure spending will accelerate the U.S. economy and create a windfall for corporate profits.
"There was a shifting sentiment among investors that an era of difficult operating conditions for business was about to be lifted," said David Joy, chief market strategist at Ameriprise Financial.
https://money.cnn.com/2017/01/20/investing/stock-market-trump-inauguration-day/index.html
-
LOL
No, Jack Bogle would do no such thing. I read the article and it says nothing about "offering equal results for unequal input" or about "how racist the 401k system is." This is just an opinion piece by "the vice president of Race and Ethnicity Policy at the Center for American Progress"...LOL...suggesting that low-wage jobs should equally offer 401K benefits just like high-wage jobs do.
I seriously doubt that a law to accommodate this could ever get passed, but even if they did this is hardly a threat to "buy and hold" as you are suggesting. Heck, Democrats have tried for years to pass laws forcing 401K providers to disclose all fees charged to participants, but they haven't been able to. 401K providers are very wealthy and powerful, and fiscally conservative. One can't be paralyzed into inaction with fear of what might be.
SOMEPARTS, you sound just like an actively managed fund sales man. You don't understand passive investing. Passive investors don't advocate for "buy and hold forever." They advocate for "time in the market over timing the market", they advocate for re-balancing your portfolio at least once per year, and they advocate for "buy and hold until you need your money in retirement", not forever. They are also well aware that "past performance does not guarantee future results" and they repeat that often.
There is risk in investing in the stock market. More risk, more reward. If you are risk averse, then you are right to stay away from the stock market and you shouldn't participate in your 401K plan, tough that would be leaving money on the table if your employer offers a match. If you take less risk, good for you, but be content with your returns as mediocre as they might be.
Ah, I see...now I don't understand passive investing... ::)
I don't have an employer, not a slave to anything but passing time and the necessary taxes. If you work for somebody else and can't control your spending or have no imagination the 401k is a great alternative to...having nothing else.
The danger to the buy and hold mantra that I have posted here many times....inevitable changes in taxes/laws governing the game by a bankrupt govt. People make the mistake of not understanding these markets are not setup to make the middle class wealthy.
-
Ah, I see...now I don't understand passive investing... ::)
I don't have an employer, not a slave to anything but passing time and the necessary taxes. If you work for somebody else and can't control your spending or have no imagination the 401k is a great alternative to...having nothing else.
The danger to the buy and hold mantra that I have posted here many times....inevitable changes in taxes/laws governing the game by a bankrupt govt. People make the mistake of not understanding these markets are not setup to make the middle class wealthy.
We disagree, and that's okay as far as I'm concerned.
BTW, I was referring to stock market passive investing. I am well aware of other forms of passive investing, some of which I'm sure you understand well.
-
If $SPX brakes below 3000, anticipate a huge selloff
-NT
Dow PUKES -735 points
$SPX 3000 breaching?
Major PAIN ahead?
BTW: a Racist moderator continues to kick -NT off GB platform. Why? mainly because he’s jealous of a BLACK MAN DOMINATING Getbig politics
100,000+ Views & gets suspended? ( for what?)
Most followed on GB & gets suspended? ( for what?)
Is racism rampant on GetBig?
#RonIsWatching
#BlackTradersMatter
#BlackLivesMatter
#NYSE
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
BTW: a Racist moderator continues to kick -NT off GB platform. Why? mainly because he’s jealous of a BLACK MAN DOMINATING Getbig politics
Is racism rampant on GetBig?
Neuromons, you're a racist SOB.
Haha!! ;D ;D i see your afraid to post now. ;D ;D Hahaha!!!
fucking moron spick!
;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D ;D
-
Just look at these numbers from yelp. :o
"Of all business closures on Yelp since March 1, 41% are permanent closures. Our data shows the largest spikes of permanent closures occurred in March, followed by May and June, indicating that the businesses that were already struggling had to permanently close right away and the businesses that were trying to hold on, but unable to weather the COVID-19 storm, were forced to shutter in recent months."
"While many business sectors have struggled during COVID-19 there are a few industries that have endured especially high closure rates. Among those with the highest rate of business closures are shopping and retail (27,663 closed businesses), restaurants (23,981 closed businesses), beauty (15,348 closed businesses) and fitness (5,589 closed businesses)."
https://www.yelpeconomicaverage.com/yelp-coronavirus-economic-impact-report.html
-
Just look at these numbers from yelp. :o
"Of all business closures on Yelp since March 1, 41% are permanent closures. Our data shows the largest spikes of permanent closures occurred in March, followed by May and June, indicating that the businesses that were already struggling had to permanently close right away and the businesses that were trying to hold on, but unable to weather the COVID-19 storm, were forced to shutter in recent months."
"While many business sectors have struggled during COVID-19 there are a few industries that have endured especially high closure rates. Among those with the highest rate of business closures are shopping and retail (27,663 closed businesses), restaurants (23,981 closed businesses), beauty (15,348 closed businesses) and fitness (5,589 closed businesses)."
https://www.yelpeconomicaverage.com/yelp-coronavirus-economic-impact-report.html
Yup, the stock market is and always has been irrational. That's why time in the market is much more profitable than timing the market. Nobody knows what it will do or when.
-
BTW: a Racist moderator continues to kick -NT off GB platform. Why? mainly because he’s jealous of a BLACK MAN DOMINATING Getbig politics[/b]
-NT
(https://media1.tenor.com/images/e9665167eeafa45686614231fc7cfdce/tenor.gif)
-
BTW: a Racist moderator continues to kick -NT off GB platform. Why? mainly because he’s jealous of a BLACK MAN DOMINATING Getbig politics
That darned Beach Bum...
-
Just look at these numbers from yelp. :o
"Of all business closures on Yelp since March 1, 41% are permanent closures. Our data shows the largest spikes of permanent closures occurred in March, followed by May and June, indicating that the businesses that were already struggling had to permanently close right away and the businesses that were trying to hold on, but unable to weather the COVID-19 storm, were forced to shutter in recent months."
"While many business sectors have struggled during COVID-19 there are a few industries that have endured especially high closure rates. Among those with the highest rate of business closures are shopping and retail (27,663 closed businesses), restaurants (23,981 closed businesses), beauty (15,348 closed businesses) and fitness (5,589 closed businesses)."
https://www.yelpeconomicaverage.com/yelp-coronavirus-economic-impact-report.html
Irrational :D
June 29, 2020 4:00 PM Eastern Time
https://www.cnbc.com/us-markets/
-
Is it funny things are so screwed up? We will see in time. I prefer not to be a nihilist when it comes to my money.
Chicago PMI big miss...not surprising.
(https://www.zerohedge.com/s3/files/inline-images/bfm9071.jpg?itok=FqmAKmle)
-
Is it funny things are so screwed up? We will see in time. I prefer not to be a nihilist when it comes to my money.
Chicago PMI big miss...not surprising.
(https://www.zerohedge.com/s3/files/inline-images/bfm9071.jpg?itok=FqmAKmle)
When are things not screwed up one way or another? I too prefer not to be a nihilist when it comes to my money. Who does?
-
U.S. stock indexes rally toward best quarter in about 20 years
https://www.marketwatch.com/story/dow-futures-bounce-around-as-investors-await-powell-mnuchin-testimony-on-the-coronavirus-response-2020-06-30
-
U.S. Stocks Rise on Jobs Report
https://www.wsj.com/articles/global-stock-markets-dow-update-7-02-2020-11593681771
(http://i2.cdn.turner.com/money/dam/assets/161108095213-election2016-markets-up-trump-1024x576.jpg)
-
One thing is for sure, if Trump wins and pulls the Dow to 40k he'll be building himself a hotel in the shape of his head on Mt. Rushmore. :D
The dollar might be worth 50% in 2024 but the Dow will be 40k so that's all that matters.
-
One thing is for sure, if Trump wins and pulls the Dow to 40k he'll be building himself a hotel in the shape of his head on Mt. Rushmore. :D
The dollar might be worth 50% in 2024 but the Dow will be 40k so that's all that matters.
That's all that matters according to who? More jobs don't matter?
-
That's all that matters according to who? More jobs don't matter?
My point is the increase in money supply has to show up as a positive in markets so people don't notice inflation and maintain confidence in where "their money" is.
You can't seriously think that companies exist to give people jobs? Theoretically the best company - if you were picking a stock - would have zero employees.
The checks going out in the mail this year has totally busted the idea of the labor market as the consumer base. It's dangerous because they really don't know the outcome, they only know they need to increase the amount of dollars in the system.
-
My point is the increase in money supply has to show up as a positive in markets so people don't notice inflation and maintain confidence in where "their money" is.
You can't seriously think that companies exist to give people jobs? Theoretically the best company - if you were picking a stock - would have zero employees.
The checks going out in the mail this year has totally busted the idea of the labor market as the consumer base. It's dangerous because they really don't know the outcome, they only know they need to increase the amount of dollars in the system.
Companies exist to make money, and in order to do that they need personnel. They either hire their own, or pay for services provided by other companies that hire personnel in order to provide those services in order to make money.
Your opinion about long term, passive investing in the stock market did not change because of the checks going out in the mail this year. Judging by your posts on the subject, you've had the same opinion for years, maybe decades.
-
Companies exist to make money, and in order to do that they need personnel. They either hire their own, or pay for services provided by other companies that hire personnel in order to provide those services in order to make money.
Your opinion about long term, passive investing in the stock market did not change because of the checks going out in the mail this year. Judging by your posts on the subject, you've had the same opinion for years, maybe decades.
WalMart is testing replacing all their human cashiers with self-checkout.
This is being attributed to Covid but it's also what a $15/min wage gets you.
https://bgr.com/2020/06/17/walmart-self-checkout-no-cashiers-coronavirus/
"While limited human interaction might be a perk in the age of the coronavirus, it’s clear that Walmart is also looking to cut costs if it can. More than any other company you can think of, Walmart is notorious when it comes to pinching pennies and coming up with borderline obsessive ways to limit spending."
-
My point is the increase in money supply has to show up as a positive in markets so people don't notice inflation and maintain confidence in where "their money" is.
You can't seriously think that companies exist to give people jobs? Theoretically the best company - if you were picking a stock - would have zero employees.
The checks going out in the mail this year has totally busted the idea of the labor market as the consumer base. It's dangerous because they really don't know the outcome, they only know they need to increase the amount of dollars in the system.
Some good points.
Companies don't exist to provide jobs. If an employee is no longer needed then the job disappears.
I think it's inevitable the economy moves towards guaranteed income at some point. Business is becoming more and more automated and less and less employees are needed. The government will distribute monthly payments to citizens funded by business taxes.
Otherwise no one will have any money to buy products.
There are some hurdles to this.
In such an economy you will only still have businesses if the incentive for wealth creation is intact. Otherwise why put in the effort to build a business?
If you have wealth now you must protect your wealth by investing in growth assets. Otherwise inflation will destroy your wealth. This is nothing new.
You also must protect your wealth and pass it down to your descendents, while employing ways to prevent them squandering it.
Some cash needed for liquidity but otherwise cash is trash.
-
Companies exist to make money, and in order to do that they need personnel. They either hire their own, or pay for services provided by other companies that hire personnel in order to provide those services in order to make money.
Your opinion about long term, passive investing in the stock market did not change because of the checks going out in the mail this year. Judging by your posts on the subject, you've had the same opinion for years, maybe decades.
The burger place that uses all robots first...I would invest in that company....for a while.
Said it a million times, technology has a centralizing effect and it has no regard for the needs of people or their jobs. Just look at Amazon if you want to see what the future is, this would have been busted up as a monopoly long ago if anybody was protecting the old way of doing things.
Large companies - pre-covid - how many people were sitting in cubicles doing an hour of work a day for the last 20 years? Now we see it. They are at home "working remotely" yet these companies still run because they are automated for the most part.
And no, I didn't just notice this stuff this year. The old investment system is ripe for change and it's not going to benefit the small retail investor.
-
The burger place that uses all robots first...I would invest in that company....for a while.
Said it a million times, technology has a centralizing effect and it has no regard for the needs of people or their jobs. Just look at Amazon if you want to see what the future is, this would have been busted up as a monopoly long ago if anybody was protecting the old way of doing things.
Large companies - pre-covid - how many people were sitting in cubicles doing an hour of work a day for the last 20 years? Now we see it. They are at home "working remotely" yet these companies still run because they are automated for the most part.
And no, I didn't just notice this stuff this year. The old investment system is ripe for change and it's not going to benefit the small retail investor.
Probably 75% of jobs are worthless. If college graduates today think it is hard finding work just wait 10-20 years down the road. The whole way we deal with money and taxes will change soon. If the government sends out UBI they can also fund all departments of government without taxing the people, can they not? Since almost all financial transactions now are digital there is no paper backing up the dollars on a computer screen.
-
WalMart is testing replacing all their human cashiers with self-checkout.
This is being attributed to Covid but it's also what a $15/min wage gets you.
https://bgr.com/2020/06/17/walmart-self-checkout-no-cashiers-coronavirus/
"While limited human interaction might be a perk in the age of the coronavirus, it’s clear that Walmart is also looking to cut costs if it can. More than any other company you can think of, Walmart is notorious when it comes to pinching pennies and coming up with borderline obsessive ways to limit spending."
Throughout history, technology and automation has always threatened old jobs, but also help create new ones. Companies today still employ millions they need in order to make money.
Walmart employs 2.2 million. Even if they get rid of all human cashiers, they still need millions of workers for other positions in order to make money.
-
The burger place that uses all robots first...I would invest in that company....for a while.
Said it a million times, technology has a centralizing effect and it has no regard for the needs of people or their jobs. Just look at Amazon if you want to see what the future is, this would have been busted up as a monopoly long ago if anybody was protecting the old way of doing things.
Large companies - pre-covid - how many people were sitting in cubicles doing an hour of work a day for the last 20 years? Now we see it. They are at home "working remotely" yet these companies still run because they are automated for the most part.
And no, I didn't just notice this stuff this year. The old investment system is ripe for change and it's not going to benefit the small retail investor.
Amazon employs 840,000 currently, and growing.
I never said technology, companies, businesses have any regard for the needs of people or their jobs. They don't, and that's okay. They employ personnel that they need in order to make money. That's why they exist, to make money. And by investing in those companies, anyone can share in their profits and benefit from their success.
-
840k jobs at the cost of how many elsewhere over the last 10 years? Amazon model is to be almost no people...what they have now is necessary but not for long. See gif below.
The AMZN retail business makes little profit currently to grab market share. If a manufacturer is selling something well Amazon will get a knockoff made in China and put their own brand on it. What Walmart did to mom and pops and small manufacturers in the 90s they are doing 100x, and nobody with oversight seems to care.
The absolute efficiency of it all is destructive to standard of living and the net result will be a huge underclass of useless eaters that have no idea why they exist. In an era where everything financial is fake and fixed from the top down you could assume it all goes to a plan of some making.
(https://ewscripps.brightspotcdn.com/dims4/default/eac5c2a/2147483647/strip/true/crop/480x270+0+0/resize/320x180!/quality/90/?url=https%3A%2F%2Fewscripps.brightspotcdn.com%2F89%2F38%2Fae727f7d4c568cbf59d2a7e6c74e%2Fgiphy.gif)
-
840k jobs at the cost of how many elsewhere over the last 10 years? Amazon model is to be almost no people...what they have now is necessary but not for long. See gif below.
The AMZN retail business makes little profit currently to grab market share. If a manufacturer is selling something well Amazon will get a knockoff made in China and put their own brand on it. What Walmart did to mom and pops and small manufacturers in the 90s they are doing 100x, and nobody with oversight seems to care.
The absolute efficiency of it all is destructive to standard of living and the net result will be a huge underclass of useless eaters that have no idea why they exist. In an era where everything financial is fake and fixed from the top down you could assume it all goes to a plan of some making.
(https://ewscripps.brightspotcdn.com/dims4/default/eac5c2a/2147483647/strip/true/crop/480x270+0+0/resize/320x180!/quality/90/?url=https%3A%2F%2Fewscripps.brightspotcdn.com%2F89%2F38%2Fae727f7d4c568cbf59d2a7e6c74e%2Fgiphy.gif)
(https://www.denofgeek.com/wp-content/uploads/2018/06/terminator-6-main.jpg)
-
Dow rises for a third straight day, rallies more than 500 points as Caterpillar leads
https://www.cnbc.com/2020/07/13/stock-market-futures-open-to-close-news.html
-
Dow rises for a third straight day, rallies more than 500 points as Caterpillar leads
https://www.cnbc.com/2020/07/13/stock-market-futures-open-to-close-news.html
Good...
NT could use a break for a while.
-
https://www.forbes.com/sites/investor/2020/07/16/stock-market-crash-2020-welcome-to-the-end-game/
-NT
-
QE easing fourth quarter, vacancies in commercial real estate about to cause that bubble to burst, student loan debt. Beware...
My best impersonation of
-NT
-
QE easing fourth quarter, vacancies in commercial real estate about to cause that bubble to burst, student loan debt. Beware...
My best impersonation of
-NT
See thread: http://www.getbig.com/boards/index.php?topic=667172.0;topicseen
-
Stocks rally worldwide, S&P 500 back to within 3% of record
(https://s.abcnews.com/images/International/AP_bull_fighting_ml_140502_mn_16x9_992.jpg)
The S&P 500 tacked 0.7% more onto its four-month winning streak, and Big Tech once again led the way. The index rose 23.49 points to 3,294.61 to get within 3% of its record for the first time since February.
The Dow Jones Industrial Average rose 236.08 points, or 0.9%, to 26,664.40. The gains for tech stocks, particularly Microsoft and Apple, pushed the Nasdaq composite up 157.52, or 1.5%, to 10,902.80, another record.
Helping to launch markets higher were reports showing manufacturing activity strengthened across Europe in July by more than economists expected. The gains built higher after a separate report showed U.S. manufacturing growth accelerated last month at a faster pace than economists expected.
https://apnews.com/619c5480c0917bde5bb22643a6cba4d2
-
Stocks rally worldwide, S&P 500 back to within 3% of record
(https://s.abcnews.com/images/International/AP_bull_fighting_ml_140502_mn_16x9_992.jpg)
The S&P 500 tacked 0.7% more onto its four-month winning streak, and Big Tech once again led the way. The index rose 23.49 points to 3,294.61 to get within 3% of its record for the first time since February.
The Dow Jones Industrial Average rose 236.08 points, or 0.9%, to 26,664.40. The gains for tech stocks, particularly Microsoft and Apple, pushed the Nasdaq composite up 157.52, or 1.5%, to 10,902.80, another record.
Helping to launch markets higher were reports showing manufacturing activity strengthened across Europe in July by more than economists expected. The gains built higher after a separate report showed U.S. manufacturing growth accelerated last month at a faster pace than economists expected.
https://apnews.com/619c5480c0917bde5bb22643a6cba4d2
"Welcome to the endgame."
::)
-
S&P 500 rises to a record close, fully wiping out its coronavirus losses
https://www.cnbc.com/2020/08/17/stock-market-futures-open-to-close-news.html
Waiting for crash coming to 401K
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
-
Yippee!
(Where is Neurotoxin?)
-
Yippee!
(Where is Neurotoxin?)
Not until the usual/characteristic/temporary "dip."
-
-
$SPX 3000 is key
PPT will use all available tools to avoid breach
Exercise CAUTION
-NT
Tick tock...
-
Neurotoxin/Mons Venus is the worst prognosticator ever.
S&P, Nasdaq hit records as Trump kicks off RNC and touts coronavirus treatment hopes
By Jonathan Garber FOXBusiness
https://www.foxbusiness.com/markets/us-stocks-aug-24-2020?fbclid=IwAR2yussMNyQ-YhcevrCSljZaXFY44hvE-3YCiZ19O1KzRYFuYozrhqMplOM
-
Neurotoxin/Mons Venus is the worst prognosticator ever.
S&P, Nasdaq hit records as Trump kicks off RNC and touts coronavirus treatment hopes
By Jonathan Garber FOXBusiness
https://www.foxbusiness.com/markets/us-stocks-aug-24-2020?fbclid=IwAR2yussMNyQ-YhcevrCSljZaXFY44hvE-3YCiZ19O1KzRYFuYozrhqMplOM
True story.
-
S&P 500 rises to a record close, fully wiping out its coronavirus losses
https://www.cnbc.com/2020/08/17/stock-market-futures-open-to-close-news.html
Waiting for crash coming to 401K
(https://imgflip.com/s/meme/Waiting-Skeleton.jpg)
That skeleton will be dust before the crash.
-
Dow, S&P 500 book best August in 36 years. Nasdaq clinches another record
https://www.marketwatch.com/story/dow-futures-edge-up-as-stock-market-aims-for-best-august-return-in-36-years-2020-08-31?mod=markets
The Dow Just Had Its Best August Since 1984.
https://www.marketwatch.com/articles/the-stock-market-is-having-a-fantastic-august-what-history-says-happens-next-51598901977?mod=markets
Dow Crash Coming To Your 401k?
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
-
True story.
:D
-
Dow Rallies Above 29000; S&P 500, Nasdaq Hit Fresh Records
https://www.wsj.com/articles/global-stock-markets-dow-update-9-02-2020-11599039549
(https://media0.giphy.com/media/PVnBLHJk9NB8Q/giphy.gif)
-
Dow Rallies Above 29000; S&P 500, Nasdaq Hit Fresh Records
https://www.wsj.com/articles/global-stock-markets-dow-update-9-02-2020-11599039549
(https://media.giphy.com/media/xT4uQy0MfHTQSdCca4/giphy.gif)
-
(https://media.giphy.com/media/xT4uQy0MfHTQSdCca4/giphy.gif)
:D
-
Well, the market dipped today - as it was bound to.
On your mark...
Get set...
Tick tock!!!
-
Well, the market dipped today - as it was bound to.
On your mark...
Get set...
Tick tock!!!
Yes, just as foretold long ago by El Profeta. :D
U.S. has 600,000 new millionaires
March 16, 2011: 1:37 PM ET
NEW YORK (CNNMoney) -- What recession? The millionaire population jumped in the U.S. by 8% last year, fueled by the stock market recovery, according to an industry report on Wednesday.
The number of U.S. households worth at least $1 million rose to 8.4 million in 2010, compared to 7.8 million the prior year, according to a report by Spectrem Group.
http://money.cnn.com/2011/03/16/news/economy/millionaires/index.htm?source=cnn_bin&hpt=Sbin
It will happen again, and again. Buy low, sell high, be confident when everybody else panics, be cautious when everybody else is confident. The stock market will fluctuate. Mark my words! 8)
- El Profeta
-
Neurotoxin will appear shortly.
-
Yes, just as foretold long ago by El Profeta. :D
HOLY SHIT...
NOBODY but NT could have predicted in 2011 that the market would dip NINE YEARS LATER!!
-
2020 is NOT over.
Hold on tight.
-NT
-
2020 is NOT over.
Hold on tight.
-NT
We missed you!
-
We missed [mocking] you!
Fixed. ;D
-
(https://thumbs.gfycat.com/QuarterlyAdventurousGyrfalcon-max-1mb.gif)
-
Put/Call - 1.73
Tick tock....
-NT
-
Put/Call - 1.73
Tick tock....
-NT
https://apple.news/ASkAF_XGnR2mi0YIwI6E6fw
Put/Call - 1.73 😳
-NT
-
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=767150;image)
http://www.getbig.com/boards/index.php?topic=620698.msg8619951#msg8619951
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769000;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9014728#msg9014728
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770571;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9018725#msg9018725
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=770562;image)
http://www.getbig.com/boards/index.php?topic=644157.msg9028158#msg9028158
-
In 2030 this thread will be 500 pages long and we'll still be waiting for the crash.
-
Definitely coming in the future.
(https://1.bp.blogspot.com/-oKhL-w_rHcA/WsnX7UEKovI/AAAAAAAAWg4/zmXaLrKWgTotGM6TkzP49C9OtduLyCiFgCLcBGAs/s1600/Time%2BTunnel2.jpg)
-
Put/Call - 1.73
Tick tock....
-NT
https://apple.news/AfzOhvObJSImj4uo7zxiKCg
-NT
-
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
financials surge after Trump election upset
http://www.cnbc.com/2016/11/09/us-markets.html
The stock market rally continued for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.
"The Dow rose 218 points Thursday and closed at a record high for the second day in a row."
http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html
-
-
Neurotoxin/Mons Venus is awfully quiet. He only posts when the market drops.
Great point.
-
Great point.
:D
-
WalMart is testing replacing all their human cashiers with self-checkout.
This is being attributed to Covid but it's also what a $15/min wage gets you.
https://bgr.com/2020/06/17/walmart-self-checkout-no-cashiers-coronavirus/
I'll protest and just stand there at check out and make 'em call Shizzo's boyfriend from the nail salon to check me out.
-
2020 is NOT over.
Hold on tight.
-NT
https://www.marketwatch.com/
-NT
-
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
financials surge after Trump election upset
http://www.cnbc.com/2016/11/09/us-markets.html
The stock market rally continued for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.
"The Dow rose 218 points Thursday and closed at a record high for the second day in a row."
http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html
-
https://www.marketwatch.com/
-NT
https://www.zerohedge.com/markets/sp-enters-correction-down-10-highs-goes-red-ytd
-NT
-
Stocks Rally Globally With Bank Shares in the Lead
https://finance.yahoo.com/news/currencies-steady-trading-week-begins-211710741.html
Sep 28, 2020 4:00 PM ET
https://www.cnbc.com/us-markets/
-
Dow Crash Coming To Your 401k?
(https://media.tenor.com/images/25eba48a338d64e17edc99f88f0482bf/tenor.gif)
Tick tock.
-
;D
-
2020 is NOT over.
Hold on tight.
-NT
https://www.zerohedge.com/markets/october-shock-markets-tumble-after-trump-tests-positive-covid
-NT
-
Market continues to hold support while waiting on election results. I anticipate a large selloff if Trump were to be victorious.
-NT
Financials surge after Trump election upset
http://www.cnbc.com/2016/11/09/us-markets.html
The stock market rally continued for a second day after Donald Trump beat Hillary Clinton, a reaction few expected.
"The Dow rose 218 points Thursday and closed at a record high for the second day in a row."
http://money.cnn.com/2016/11/10/investing/markets-stocks-donald-trump-rally/index.html
-
"I predict a market crash in the future."
(https://64.media.tumblr.com/2d513e793618d0521b75111bd84c4367/tumblr_nb78eq3jUD1s2wio8o1_500.gif)
-
"I predict a market crash in the future."
(https://64.media.tumblr.com/2d513e793618d0521b75111bd84c4367/tumblr_nb78eq3jUD1s2wio8o1_500.gif)
LOL
-
NeuroMons didn't see this coming. :D
Dow Jones Futures Rise After President Trump Takes Drive By Supporters
President Trump briefly left the hospital Sunday afternoon for a short drive to wave at supporters on the street shortly after teasing that surprise in a new video posted online. The clear goal is to show he is not seriously ill. The timing, shortly before Dow Jones futures opened, probably was not a coincidence for Trump either.
https://www.investors.com/market-trend/stock-market-today/president-trump-hospitalized-coronavirus-stock-market-rally-dow-jones-futures/
(https://s.yimg.com/uu/api/res/1.2/arjifoV8hhnz3EXXCYzcHw--~B/Zmk9c3RyaW07aD0yOTY7cT05NTt3PTYxMDthcHBpZD15dGFjaHlvbg--/https://s.yimg.com/os/creatr-uploaded-images/2020-10/54e41e00-0692-11eb-abbf-09df456b0d9b.cf.webp)
Oct 5, 2020 10:30 AM ET
https://www.cnbc.com/us-markets/
-
Other than nuclear war I can't think of more bearish news than we've seen in 2020. I guess the market is now a national security issue and will never go down, haha.
The above comment and those like it are very dangerous to bulls, BTW. ;)
(https://www.gwm-intl.com/application/files/8115/8411/1476/THUMB_13th_March_2020.jpg)
-
Other than nuclear war I can't think of more bearish news than we've seen in 2020. I guess the market is now a national security issue and will never go down, haha.
The above comment and those like it are very dangerous to bulls, BTW. ;)
(https://www.gwm-intl.com/application/files/8115/8411/1476/THUMB_13th_March_2020.jpg)
The above comment and those like it are very insignificant to passive investor, BTW. ;)
-
The above comment and those like it are very insignificant to passive investor, BTW. ;)
All getbiggers are day trading moguls with at least 5 screens going at any time.
-
All getbiggers are day trading moguls with at least 5 screens going at any time.
I've never done day trading but I'd like to learn.
-
All getbiggers are day trading moguls with at least 5 screens going at any time.
And that right there is why I will never be a getbigger billionaire dating only 10s and taking weekend vacations on a private jet to Dubai, India.
-
Dow jumps 465 points with Trump set to leave hospital
https://www.cnbc.com/2020/10/04/stock-market-futures-open-to-close-news.html
(https://www.corpgov.net/wp-content/uploads/2017/11/Trump-Jump-e1510860804419.jpg)
-
Stocks Post Biggest Weekly Increase Since July
https://finance.yahoo.com/news/u-stock-futures-rise-stimulus-221638221.html
2020 is NOT over.
Hold on tight.
-NT
(https://thumbs.gfycat.com/QuarterlyAdventurousGyrfalcon-max-1mb.gif)
-
I've never done day trading but I'd like to learn.
Forget it. Just buy low cost total market index funds.
-
Fixed...
And that right there is why I will never be a getbigger billionaire dating only 10s 11s and taking weekend vacations on a private jet to Dubai, India.
(http://i1-news.softpedia-static.com/images/news2/Preparing-for-Windows-10-Cool-Volume-Dials-and-Advanced-Controls-483890-2.jpg)
-
Dow, S&P 500 hit record highs after Moderna says vaccine is 94.5% effective
US stocks rallied on Monday after Moderna said its experimental COVID-19 vaccine is highly effective.
The Dow and the S&P 500 both notched new record highs.
The Dow finished up 1.6%, or 471 points. The index closed only about 50 points below the 30,000 mark, a level it has not crossed in its history.
The S&P 500 closed up 1.2%, and the Nasdaq ended 0.8% higher.
https://www.wishtv.com/news/business/dow-sp-500-hit-record-highs-after-moderna-says-vaccine-is-94-5-effective/
(https://media0.giphy.com/media/PVnBLHJk9NB8Q/giphy.gif)
2020 is NOT over.
Hold on tight.
-NT
(https://thumbs.gfycat.com/QuarterlyAdventurousGyrfalcon-max-1mb.gif)
-
Don't fight the Fed.
-
Move some dough back into the Dow Jones at 22,000. Time to consolidate my gains – nearly 40%!!!
-
The market makes zero sense. Plandemic, every small business closed down or on its last leg waiting to be shut down again, near civil war.... DOW 30k hahaha.
-
The market makes zero sense. Plandemic, every small business closed down or on its last leg waiting to be shut down again, near civil war.... DOW 30k hahaha.
I think that publicly traded businesses believe that this pandemic is temporary and have continued on somewhat normally. The damage to small businesses is profound and continues, but small business owners don't want to work for others; they'll come back in some form. It should never have come to this, but here we are. :'(
-
I think that publicly traded businesses believe that this pandemic is temporary and have continued on somewhat normally. The damage to small businesses is profound and continues, but small business owners don't want to work for others; they'll come back in some form. It should never have come to this, but here we are. :'(
Local based services probably... but a lot of small and medium retail will never recover. Amazon just absorbed all that market share. This all hastened what has slowly been happening.
Regarding retail...no market share, no entrepreneurs in that space. Specialty retail and junk shops will survive if they avoid being a target...but it's not just a matter attracting the eyeballs of end users - it's the manufacturers and distros trying to stay afloat that become slaves to Amazon as well. If you can't source a product line that you did in 2019 then you aren't selling it.
These second shutdowns that are going on right now are ending even the strong hands in the bar and restaurant businesses. Centralization of goods and services is perfect for a reset to socialism.
EDIT
An October chart that shows retail headed back down when stimulus AKA helicopter money is shut off. Perfect excuse for minimum basic income. This stuff is all coming, too many useless eaters.
(https://www.zerohedge.com/s3/files/inline-images/bfmD51.jpg?itok=4RgnH-Yv)
-
The market makes zero sense. Plandemic, every small business closed down or on its last leg waiting to be shut down again, near civil war.... DOW 30k hahaha.
Never has, never will. That's why, as this thread shows, nobody can predict what the stock market will do. But the stock market has made millionaires out of hundreds of thousands of long term, passive investors who accept it for what it is and take advantage of what it has to offer.
-
Dow surges more than 400 points, closes above 30,000 for the first time ever
https://www.cnbc.com/2020/11/23/stock-market-futures-open-to-close-news.html
(https://inapcache.boston.com/universal/site_graphics/blogs/bigpicture/sanfermin_07_14/s32_24281929.jpg)
2020 is NOT over.
Hold on tight.
-NT
(https://thumbs.gfycat.com/QuarterlyAdventurousGyrfalcon-max-1mb.gif)
-
One of these days, when this thread is 1,000 pages long, there is going to be a crash.
-
One of these days, when this thread is 1,000 pages long, there is going to be a crash.
Hahahahahaha
Get Big HOF zinger !!!!!!!!!!!!!!!!!!!!!! ;D ;D ;D ;D ;D ;D
-
Hahahahahaha
Get Big HOF zinger !!!!!!!!!!!!!!!!!!!!!! ;D ;D ;D ;D ;D ;D
You've been warned. Get your money out of the market now! You may have only 20 years left before the crash.
-
Never has, never will. That's why, as this thread shows, nobody can predict what the stock market will do. But the stock market has made millionaires out of hundreds of thousands of long term, passive investors who accept it for what it is and take advantage of what it has to offer.
Maybe so, but it's funny that nobody even cares about the fundamentals...I mean there are none. They keep changing the way things are measured to hide the bad news. The wave of default coming if they keep things locked down and don't do MBI will be unreal....that's not speculation. Small business has been decimated but it's not showing up in the numbers(yet). Even the radio host perma bulls say commercial real estate and retail supply chains will never recover...let's not even discuss bars and restaurants...but crickets.
I have said before this devaluation and debt could go on for 50 years, but things are happening at a much quicker pace due to the involved technology and intention to change to socialism.
Here is actual socialism knocking on the door but we have all these fat and happy 401k capitalists who think they are immune. :D
-
Maybe so, but it's funny that nobody even cares about the fundamentals...I mean there are none. They keep changing the way things are measured to hide the bad news. The wave of default coming if they keep things locked down and don't do MBI will be unreal....that's not speculation. Small business has been decimated but it's not showing up in the numbers(yet). Even the radio host perma bulls say commercial real estate and retail supply chains will never recover...let's not even discuss bars and restaurants...but crickets.
I have said before this devaluation and debt could go on for 50 years, but things are happening at a much quicker pace due to the involved technology and intention to change to socialism.
Here is actual socialism knocking on the door but we have all these fat and happy 401k capitalists who think they are immune. :D
Meh, we had communism knocking on the door and a real threat of nuclear holocaust for 44 years. Same crap, different day.
-
Meh, we had communism knocking on the door and a real threat of nuclear holocaust for 44 years. Same crap, different day.
Ever seen this happen before? Haha. Melt ups have happened but this is a bit ridiculous.
A company that never made a profit worth more than a company that made 80 billion last year and holds real assets with a 50 year track record of beating the street.
(https://www.zerohedge.com/s3/files/inline-images/2020-11-27.jpg?itok=BLlazyXr)
-
Ever seen this happen before? Haha. Melt ups have happened but this is a bit ridiculous.
A company that never made a profit worth more than a company that made 80 billion last year and holds real assets with a 50 year track record of beating the street.
(https://www.zerohedge.com/s3/files/inline-images/2020-11-27.jpg?itok=BLlazyXr)
You mean like unprofitable Amazon beating profitable giant Walmart? Not the same, but similar. And that's not even the point.
As I told you on a previous post, we will always see new things, new patterns emerge. That is one of the reasons nobody can predict which way the markets will go. By the time the sharpest fund managers and investors have figured out a current pattern, and thus possibly beat the index one or two years in a row, a new pattern immerges replacing the old one. And that's when these sharp fund managers and investors lose and can no longer beat the index.
That is about the only thing we can predict about the markets, that new patterns will emerge to replace old ones.
Thus seeing new patterns replace old ones is same crap, different day.
-
-
You mean like unprofitable Amazon beating profitable giant Walmart? Not the same, but similar. And that's not even the point.
Thus seeing new patterns replace old ones is same crap, different day.
Poor analogy for multiple reasons, not similar enough to make the point. There is a difference between having no profits and intentionally obscuring profits.
The trend is more fake numbers papering over everything until it doesn't, which is NOT the same as it has been.
These "sharp" fund managers are just buying with abandon at this point - they aren't fiduciary geniuses they have their eye on commissions.
-
Poor analogy for multiple reasons, not similar enough to make the point. There is a difference between having no profits and intentionally obscuring profits.
The trend is more fake numbers papering over everything until it doesn't, which is NOT the same as it has been.
These "sharp" fund managers are just buying with abandon at this point - they aren't fiduciary geniuses they have their eye on commissions.
Unprofitable, relatively new and small at the time, Amazon beating profitable, well established giant Walmart? Nah, not a poor example at all, and plenty similar. It was the latest new thing at the time. Now Tesla is.
Tesla is not the same as Amazon, but it's also not completely unprofitable. Tesla has had four consecutive quarters of profits, beating expectations.
Is Tesla's stock overvalued? Is it going to crash soon? Possibly. Not a problem for people who invest long term in low cost index funds that cover well over 11,000 companies in the US and abroad, and well over 9,900 US bonds.
I believe you misunderstood me regarding fund managers. No, they are not fiduciary geniuses, but that's irrelevant. I think of them as hardened criminals, who take your money with their commissions and managed fund high fees in exchange for negligible to no benefit. I always recommend low cost index funds instead.
-
USD going to ZERO
buy commodities?
-
USD going to ZERO
buy commodities?
Forex.
-
Forex.
Trying to figure out how to protect myself since I'm feeling the dollar is going to get crushed in the coming years.
Everything should inflate no?
So buying homes, stocks, gold, oil, etc.. should be good instead of being in cash?
-
Trying to figure out how to protect myself since I'm feeling the dollar is going to get crushed in the coming years.
Everything should inflate no?
So buying homes, stocks, gold, oil, etc.. should be good instead of being in cash?
The most important thing is to have a paid off house. Next have a gold star health insurance policy as one injury or illness can wipe out decades of investments. Long term care insurance for anyone over 60. Foreign currency, cryptos, gold, stocks and bonds with anything left over.
-
The most important thing is to have a paid off house. Next have a gold star health insurance policy as one injury or illness can wipe out decades of investments. Long term care insurance for anyone over 60. Foreign currency, cryptos, gold, stocks and bonds with anything left over.
No disagreement from me except the foreign currency. Dollar is the cleanest shirt in the dirty laundry. The trick will be finding things that throw off some real time income as well as hedging against inflation. The deflation risk dead ...as seen this year will just be papered over with direct stimulus to consumers if need be.
-
Is irrational exuberance in play or is nothing the same with the govt and fed backstopping the market?
“Our sense is that the idea of no alternatives to buying broad-based equities has led to an overshoot,”
“Current euphoric readings signal a 100% probability of losing money in the coming 12 months if we study historical patterns – indeed, we saw such levels back in early September as well right before a selloff in stocks.”
- Tobias Levkovich CITIGROUP chief U.S. equity strategist.
(https://www.zerohedge.com/s3/files/inline-images/2020-12-01_6-20-34.jpg?itok=OkQ0kI8B)
-
Not a problem for people who invest long term in low cost index funds that cover well over 11,000 companies in the US and abroad, and well over 9,900 US bonds.
Yes, things are supposed to go up and down but timing of exit is everything. I would not want to around retirement age right now.
-
Yes, things are supposed to go up and down but timing of exit is everything. I would not want to around retirement age right now.
Prudent, long term passive investors have no retirement age. They plan their retirement decades in advance and retire when they are ready. Their asset allocation and cash reserves make it so that they can retire even as a recession is just getting started, or they have the luxury to wait until the recession is over if they want to.
But yes, if you are "forced" to retire for any reason before you are ready, and your asset allocation and cash reserves are not ideal, and this happens in a recession, then you are screwed.
If one wants exceptional returns, one must take some risk. There are no guarantees, other than death and taxes.
-
My 401K has really thrived since Biden and Harris became President and Vice President-elect. Thank you Donald for mishandling the virus and running a petty, bitter, juvenile campaign.
-
My 401K has really thrived since Biden and Harris became President and Vice President-elect. Thank you Donald for mishandling the virus and running a petty, bitter, juvenile campaign.
Nope, the stock market has gone up thanks to hopes of a COVID-19 vaccine available before yearend as promised by Trump. Democrats and their media laughed at Trump and said it would take a miracle for that to happen.
(https://pbs.twimg.com/profile_images/792564398615306240/w66xil7Q.jpg)
-
Nope, the stock market has gone up thanks to hopes of a COVID-19 vaccine available before yearend as promised by Trump. Democrats and their media laughed at Trump and said it would take a miracle for that to happen.
(https://pbs.twimg.com/profile_images/792564398615306240/w66xil7Q.jpg)
Exactly. The hope for the vaccine was inspired by the Election of Joseph Robinette Biden Jr. MAEGA!
-
Exactly. The hope for the vaccine was inspired by the Election of Joseph Robinette Biden Jr. MAEGA!
Sure it was...lol
-
My 401K has really thrived since Biden and Harris became President and Vice President-elect. Thank you Donald for mishandling the virus and running a petty, bitter, juvenile campaign.
:D
Electoral College results confirm it: Joe Biden is the next president
Mon, December 14, 2020
https://www.yahoo.com/news/electoral-college-results-confirm-it-joe-biden-is-the-next-president-222811405.html
U.S. stocks end mostly lower after an early rally evaporates
Mon, December 14, 2020
https://www.toledoblade.com/business/stock-market/2020/12/14/us-stocks-end-mostly-lower-after-early-rally-evaporates/stories/20201214149
-
Just a note to everyone. Apparently the 2020 CARES act is still in effect to withdraw 401k without the 10% penalty.
Other taxes would apply and this is not financial advice but I found that interesting. Might be seeing a drop this month as some cash out.
-
Dow and S&P 500 end 2020 at record highs
https://www.washingtonpost.com/business/2020/12/31/stock-market-record-2020/
https://www.cnn.com/2020/12/31/investing/dow-stock-market-2020/index.html
2020 is NOT over.
Hold on tight.
-NT
(https://i.pinimg.com/originals/4c/26/9f/4c269f2856317494973f89491db4bbd6.gif)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
-
Dow and S&P 500 end 2020 at record highs
https://www.washingtonpost.com/business/2020/12/31/stock-market-record-2020/
https://www.cnn.com/2020/12/31/investing/dow-stock-market-2020/index.html
(https://i.pinimg.com/originals/4c/26/9f/4c269f2856317494973f89491db4bbd6.gif)
(http://www.getbig.com/boards/index.php?action=dlattach;topic=644157.0;attach=769160;image)
;D
Surely Neurotoxin/Mons Venus meant the crash was coming in 2021.
-
:D
-
Well now I can see a crash on the way. >:(
-
Well now I can see a crash on the way. >:(
Based on the election? Nah, they'll keep it going for another year or so.
-
Based on the election? Nah, they'll keep it going for another year or so.
Agreed. Still more seats left on the Titanic.
-
Well now I can see a crash on the way. >:(
Please save the predictions for our resident stolen valor prognosticator. ;D
-
Just a note to everyone. Apparently the 2020 CARES act is still in effect to withdraw 401k without the 10% penalty.
Other taxes would apply and this is not financial advice but I found that interesting. Might be seeing a drop this month as some cash out.
Didn't happen. I doubt most people with a 401K knew about this, and the rest are probably smart enough not to do something this foolish.
-
https://www.cnbc.com/2021/01/26/stock-market-futures-open-to-close-news.html
Biden crash
-
Didn't happen. I doubt most people with a 401K knew about this, and the rest are probably smart enough not to do something this foolish.
Timing is everything until it isn't.
Wake me up when it retraces to 18k where it belongs. ;D
-
Timing is everything until it isn't.
Wake me up when it retraces to 18k where it belongs. ;D
Are you predicting this will happen for sure?
-
Are you predicting this will happen for sure?
Unlikely in the near term. The main goal is to keep the game going at this point...money printing, buybacks, companies buying bitcoin, etc. Central planning seems to be the new norm.
-
Unlikely in the near term. The main goal is to keep the game going at this point...money printing, buybacks, companies buying bitcoin, etc. Central planning seems to be the new norm.
Are you predicting this will happen for sure, in the not so near term?
-
Are you predicting this will happen for sure, in the not so near term?
If they print 5 trillion a year then all these numbers will be new "record highs". So I suppose not. ;)
You'll be up 18% YTD in your portfolio but a loaf of bread will be $16, haha.
Watson, the game is afoot.
-
If they print 5 trillion a year then all these numbers will be new "record highs". So I suppose not. ;)
You'll be up 18% YTD in your portfolio but a loaf of bread will be $16, haha.
Watson, the game is afoot.
Same recycled doomsday predictions repeated decade after decade. Same crap, different day. But this time it's different, right? :)
The conventional wisdom among bestselling financial writers of the seventies and eighties was that unemployment and recession would get so bad that the fiscal and monetary floodgates would be thrown open to avert depression, bringing on inflation.
To fight it, the Fed would slam on the brakes and throw the country into an even greater slump requiring even more stimulus, causing even worse inflation, requiring even tougher brake slamming...and around and around it would go, inflation, recession, inflation, recession, getting ever worse.
The "malarial economy," Howard Ruff and others dubbed it, alternating chills and fever and, eventually, collapse. Ruff wrote How to Prosper During the Coming Bad Years and (when they didn't come) Survive and Win in the Inflationary Eighties (which proved to be highly desinflamatory).
Douglas Casey cashed in with Crisis Investing. Ravi Batra hit #1 in 1987 with The Great Depression of 1990 (unemployment was 5.6% in 1990), the same year James Dale Davison and William Rees-Mogg weighed in with The Great Reckoning: Protecting Yourself in the Coming Depression followed by Blood in the Streets: Investment Profits in a World Gone Mad.
And so it went. "But there is another scenario which should not be dismissed out hand," I wrote in this space in 1983, "unaccustomed though we've become to improvement: That this decade, if we keep our wits about us, could become what Paul Volcker has called the mirror image of the last one: falling energy prices, falling inflation, falling interest rates, rising productivity, rising real wages, rising employment. I make no secret of being partial to the optimistic scenario.
I think we've laid a technological base that places us, potentially at least, on the brink of unparalleled prosperity." And indeed the decade that followed worked out much that way. (One indicator: The Dow quadrupled.) And the generally positive trends continued well beyond 1993. Seven years later, in 2000, unemployment was 4%, the Dow had nearly tripled its quadruple, our National Debt had been shrinking relative to the size of the economy as a whole.
We faced challenges, certainly, and had kicked cans down the road. But things were looking pretty good. Then came 2001-2008. But then came 2009-2015, so things are again looking pretty good.
Andrew Tobias, The Only Investment Guide You'll Ever Need, Publication date : April 26, 2016
https://www.amazon.com/Only-Investment-Guide-Youll-Ever/dp/0544781937/ref=sr_1_1?dchild=1&keywords=The+Only+Investment+Guide+You%27ll+Ever+Need&qid=1614272995&sr=8-1
-
Same recycled doomsday predictions repeated decade after decade. Same crap, different day. But this time it's different, right? :)
Andrew Tobias, The Only Investment Guide You'll Ever Need, Publication date : April 26, 2016
https://www.amazon.com/Only-Investment-Guide-Youll-Ever/dp/0544781937/ref=sr_1_1?dchild=1&keywords=The+Only+Investment+Guide+You%27ll+Ever+Need&qid=1614272995&sr=8-1
Hmmm...so, they've printed 5 trillion in one year and shut down everything previously? I must have missed that.
Your faith in central planning is commendable, comrade. That's where we are.
-
Hmmm...so, they've printed 5 trillion in one year and shut down everything previously? I must have missed that.
Your faith in central planning is commendable, comrade. That's where we are.
Sure, this time it's different. I have no faith in central planning. I just know history and I'm not susceptible to, or allow my future plans to be influenced by fear mongering, doomsday predictions, and pessimism. :)
As many panicked at our national debt at the end of the war, a 1945 article in The Wall Street Journal was prescient. “There is little likelihood that the national debt will be reduced substantially during the next generation,” it read. “This means that debt management rather than debt reduction is the important problem before the Treasury in the coming years.”
Same thing today.
When people say, “We’re leaving this debt for our kids and grandkids to repay.” Well … probably not.
This isn’t a mortgage that has to be paid in full by a specific date. Without repaying a cent of the debt, its burden could easily be less in another generation than it is today.
https://www.collaborativefund.com/blog/who-pays-for-this/