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Getbig Main Boards => Gossip & Opinions => Topic started by: FitnessFrenzy on April 05, 2025, 12:19:51 AM

Title: Stock market meltdown
Post by: FitnessFrenzy on April 05, 2025, 12:19:51 AM
S&P 500 is down 5.97 % on friday

Are you buying at these levels?
Title: Re: Stock market meltdown
Post by: Agnostic007 on April 05, 2025, 01:22:40 AM
yes
Title: Re: Stock market meltdown
Post by: BayGBM on April 05, 2025, 05:09:35 AM
I am officially poor again!  Anyone else getting margin calls? :'(
Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 05:28:12 AM
S&P 500 is down 5.97 % on friday

Are you buying at these levels?

Just a minor blip at this point.

Unless you are dollar-cost averaging as a regular practice I'd avoid buying on the way down.

I'd look for a 20%+ drop before jumping.
Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 05:28:46 AM
I am officially poor again!  Anyone else getting margin calls? :'(

I would never buy on margin period...ever.

A recipe for destruction.
Title: Re: Stock market meltdown
Post by: Rambone on April 05, 2025, 05:32:21 AM
Been buying on the way down since I had 20% cash on the sidelines. Mostly S&P and Nasdaq index ETFSs but some of the harder hit individuals stocks as well since they’re on sale. Also bought more bitcoin when it dipped back into the $70Ks. Still have lots of cash to deploy if it keeps going down. We’re already about 20% off of highs for the indexes. I personally don’t feel like it’s going to go down significantly further like it did during the housing crisis. That was a much bigger deal. Deals will hopefully start getting done in the coming weeks or months. Nobody knows anything so don’t heed my advices!
Title: Re: Stock market meltdown
Post by: GymnJuice on April 05, 2025, 05:39:17 AM
S&P 500 is down 5.97 % on friday

Are you buying at these levels?

I don’t have a financial education, and I’m not skilled at predicting market dips. They say you shouldn’t try to time the market, and Iron Nat mentioned dollar cost averaging. This would be the smart approach for someone like me who sticks to a simple three fund portfolio. But it’s tough to ignore the clear downturn we’re facing. I’ve been holding some money in an MMA and plan to invest it eventually, maybe in 3-6 months, or if the Dow drops to around 30k (I only invest in index funds). If I had the discipline to follow the “right” strategy, I’d have been steadily dollar cost averaging over the past year or two, but the markets haven’t made much sense to me since COVID hit.
Title: Re: Stock market meltdown
Post by: LurkerNoMore on April 05, 2025, 05:48:16 AM
Use it to your advantage and purchase more.  It's better to buy while down than while it's up.

The only day the stock market is important to you is the day you decide to cash out.  The rest of the time, the roller coaster ride is just background noise.  I've got a while to go before I even consider an exit.  When that day comes, the market could be super low or super high.  I can't predict.  But since that day is not today, it doesn't matter to me.  Although it may matter to some others.  If it does to you, I sympathize for you.
Title: Re: Stock market meltdown
Post by: loco on April 05, 2025, 06:07:44 AM
(https://media.tenor.com/PLNN96p26GQAAAAM/buy.gif)
Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 06:12:58 AM
https://www.currentmarketvaluation.com/models/buffett-indicator.php

Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 05, 2025, 06:24:45 AM
Partially buying, as I don't know where the lowest point will be. Hopefully stocks will go down further and I can buy them a lot cheaper. Especially AI / tech related stocks. That trend will last for quite some time.

Quantum computing also is a trend, but no such companies on the Dutch stock exchange. And profits might be 5 to 10 years away.

Novo Nordisk might be a buy. The weight loss injections and especially pills still are a trend and very profitable products.

Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 05, 2025, 06:29:04 AM
https://www.currentmarketvaluation.com/models/buffett-indicator.php


Even in a market that is overvalued there always are stocks that are decent value, or undervalued. So far the easy part.
To locate such stocks is the very difficult part.
Title: Re: Stock market meltdown
Post by: LurkerNoMore on April 05, 2025, 06:45:25 AM
Everyone post what stock you think should be bought today.

I'm going with Heinz, but let's be serious.   :D
Title: Re: Stock market meltdown
Post by: robcguns on April 05, 2025, 06:59:43 AM
Buy high sell low.
Title: Re: Stock market meltdown
Post by: tom joad on April 05, 2025, 07:25:35 AM
(https://pbs.twimg.com/media/GnsRx58WoAAzXTs?format=jpg&name=large)
Title: Re: Stock market meltdown
Post by: Grape Ape on April 05, 2025, 07:47:20 AM
There are tremendous opportunities.

When the market is hopping people say the wish for a dip so they can buy more.

Then the dip happens, and they are scared to buy, because they feel the dip could get worse.

Then it goes up and they miss.
Title: Re: Stock market meltdown
Post by: Humble Narcissist on April 05, 2025, 09:18:33 AM
Buy high sell low.
That is actually what most people do.
Title: Re: Stock market meltdown
Post by: Lartinos on April 05, 2025, 09:36:06 AM
You guys need to be chartered financial analysts to make these trades like a certain pro said about Rivian stock.  :)

Some of my positions are up at this time, but they aren’t stocks.

Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 09:55:04 AM
You guys need to be chartered financial analysts to make these like a certain pro said about Rivian stock.  :)

Some my positions are up at this time, but they aren’t stocks.



(blank) said it.
Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 05, 2025, 10:56:53 AM
I've noticed with stocks it's not what you buy, but when you buy that is the most important.

Even with crappy stocks you can make money if you are lucky enough to get in at the right time.

Luck plays a big part. You can research all you want, there always are many things that can happen out of nowhere and send the stock up or down.

With most stocks it's a good idea to take profit when you can. Stocks that go up for years on end are the exception. Most go back down again after a few days / weeks / months, so taking your profit quickly is a much better strategy imo than buy-and-hold.

Title: Re: Stock market meltdown
Post by: loco on April 05, 2025, 11:18:03 AM
LOL   ;D

Title: Re: Stock market meltdown
Post by: FitnessFrenzy on April 05, 2025, 11:18:52 AM
Bay, are you really worried about margin calls? So you buy stocks with borrowed money?

Sounds quite risky.
Title: Re: Stock market meltdown
Post by: Rambone on April 05, 2025, 11:25:00 AM
Bay, are you really worried about margin calls? So you buy stocks with borrowed money?

Sounds quite risky.

Especially near record highs at the time
Title: Re: Stock market meltdown
Post by: loco on April 05, 2025, 11:25:33 AM
Just stick to US stock index funds (VTSAX, Russell 1000, S&P 500, etc.) long term and y'all will be just fine.
Title: Re: Stock market meltdown
Post by: Rambone on April 05, 2025, 11:36:43 AM
Just stick to US stock index funds (VTSAX, Russell 1000, S&P 500, etc.) long term and y'all will be just fine.

Sound advice. Now some brokerages have automatic buying for ETFs. Set it and forget it with a weekly or monthly buy. When factoring in management fees and tax-cost ratio, it’ll outperform just about every managed fund out there unless it’s a certain sector fund on a big run.
Title: Re: Stock market meltdown
Post by: loco on April 05, 2025, 11:38:07 AM
Sounds advice. Now some brokerages have automatic buying for ETFs. Set it and forget it with a weekly or monthly buy. When factoring in management fees and tax-cost ratio, it’ll outperform just about every managed fund out there unless it’s a certain sector fund on a big run.

Rambone ain't lying.
Title: Re: Stock market meltdown
Post by: FitnessFrenzy on April 05, 2025, 11:39:51 AM
It will be interesting to see where this crash will bottom out. I am not sure technical analysis of SPX is very useful right now. It seems like this tariff crash has its own life and it will bottom out sometime. I don't think we will have a rush back up like we did after covid.

What do you guys think will happen?
Title: Re: Stock market meltdown
Post by: LurkerNoMore on April 05, 2025, 01:00:46 PM
There is one investment that didn't tank.  Social Security.  And that is the one they want to cut.   :D :D
Title: Re: Stock market meltdown
Post by: mphgrove on April 05, 2025, 01:11:16 PM
Good rule of thumb:

Subtract your age from 100. You should have no more than that percentage of your total net worth (include primary residence equity) in stocks. Bonds and CDs don’t count as “stocks”.

So the younger you are, the more you are hurting right now. But you have a lot of time to ride the waves.
Title: Re: Stock market meltdown
Post by: Irongrip400 on April 05, 2025, 01:17:21 PM
Use it to your advantage and purchase more.  It's better to buy while down than while it's up.

The only day the stock market is important to you is the day you decide to cash out.  The rest of the time, the roller coaster ride is just background noise.  I've got a while to go before I even consider an exit.  When that day comes, the market could be super low or super high.  I can't predict.  But since that day is not today, it doesn't matter to me.  Although it may matter to some others.  If it does to you, I sympathize for you.


Five years ago or so I told my broker to take me off his “don’t kill yourself” call list for this exact reason. I’m not close to retiring so I don’t worry about it until there’s a reason. I’m still investing with moderate risk so until I reign it back and get close to retirement I’ll tune out the noise and throw some of the cash I keep on the sidelines in the market.
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 05, 2025, 01:31:03 PM
It’s fake outrage from mostly the left and it’s hypocrisy at its finest. If you can’t afford to play then find another game. There isn’t one person on here right or left that doesn’t believe this won’t rebound. We need the correction and nothing is “lost”

No one on the left bitched about this though

Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 01:32:10 PM
Sound advice. Now some brokerages have automatic buying for ETFs. Set it and forget it with a weekly or monthly buy. When factoring in management fees and tax-cost ratio, it’ll outperform just about every managed fund out there unless it’s a certain sector fund on a big run.

That's a good thing to do.

Then have all dividends re-invested automatically.  If in an IRA or 401k there is no taxable event to the dividends or capital gains.

If in a taxable account select a ETF or mutual fund that has very low turnover and little dividends to avoid taxation of dividends and capital gains.

However, that is not new at all.

Back in the early 1980s I set up a weekly deduction plan with my employer where they set aside $50/week and it went by direct deposit into my money market account at Fidelity.

Then I had Fidelity do a monthly investment into it's Magellan Fund (at that time the minimum investment was $250).

This was 1983.

Title: Re: Stock market meltdown
Post by: Rambone on April 05, 2025, 01:33:51 PM
That's a good thing to do.

However, that is not new at all.

Back in the early 1980s I set up a weekly deduction plan with my employer where they set aside $50/week and it went by direct deposit into my money market account at Fidelity.

Then I had Fidelity do a monthly investment into it's Magellan Fund.

This was 1983.

Wrong. For ETFs, it’s pretty new. Started last year or so for some brokerages. Mutual funds aren’t ETFs bucko. Similar yes but not the same. VTSAX and VTI have the same holdings but are two different types of funds. Magellan was a great fund to invest in back when Peter Lynch was managing it.
Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 01:44:07 PM
Wrong. For ETFs, it’s pretty new. Started last year or so for some brokerages. Mutual funds aren’t ETFs bucko. Similar yes but not the same. VTSAX and VTI have the same holdings but are two different types of funds.

Damnit, bone, read my sig.  :D

I'm saying the concept is not new.

Yes, i know ETFs are not mutual funds.

Or rather, they are mutual funds but they are traded on the exchange.

They still have management fee expenses and are managed by a investment company.

You can buy Index Fund ETFs.

For example here is the Vanguard Total Market Index ETF.

https://investor.vanguard.com/investment-products/etfs/profile/vti

For all intents an purposes it is identical to the Vanguard Total Market Index mutual fund.

What's the difference between mutual funds and ETFs?

https://investor.vanguard.com/investor-resources-education/etfs/etf-vs-mutual-fund
Title: Re: Stock market meltdown
Post by: Rambone on April 05, 2025, 02:15:29 PM


Well, comprehend my initial post better next time. You don’t have to continue the discussion or edit your post. It’s over! Hahaha

Bone 1 - Natty 0
Title: Re: Stock market meltdown
Post by: IroNat on April 05, 2025, 04:25:12 PM
Well, comprehend my initial post better next time. You don’t have to continue the discussion or edit your post. It’s over! Hahaha

Bone 1 - Natty 0

Never, bone!!!!

Never!!!!!


 ;)
Title: Re: Stock market meltdown
Post by: OlympiaGym on April 05, 2025, 04:48:21 PM
The general consensus is that the market will rebound because it always has. However, we’re now in uncharted territory. This is the first time the actions of the executive branch are solely responsible for tanking the market. It’s uncertain how this will play out at least until the midterm elections. If we have a recession, which is more likely than not, the Democrats will take control of Congress and Trump will be a lame duck for his last two years and his economic policies will be reversed.

Title: Re: Stock market meltdown
Post by: ThisisOverload on April 05, 2025, 07:34:19 PM
It's a good time to buy.

When the market dips I'll buy a good chunk every time.

Title: Re: Stock market meltdown
Post by: Agnostic007 on April 05, 2025, 10:46:00 PM
Use it to your advantage and purchase more.  It's better to buy while down than while it's up.

The only day the stock market is important to you is the day you decide to cash out.  The rest of the time, the roller coaster ride is just background noise.  I've got a while to go before I even consider an exit.  When that day comes, the market could be super low or super high.  I can't predict.  But since that day is not today, it doesn't matter to me.  Although it may matter to some others.  If it does to you, I sympathize for you.

You and I have to give Trump credit. He has given us an opportunity in the market to make money which I know you and I are taking advantage of
Title: Re: Stock market meltdown
Post by: Methyl m1ke on April 06, 2025, 12:32:06 AM
I'm an engineer at one of these companies. I say invest wisely and make sure you don’t have a credit score like Methyl Mike.  :D :D

Sorry, who are you again?
Title: Re: Stock market meltdown
Post by: FitnessFrenzy on April 06, 2025, 02:13:37 AM
Title: Re: Stock market meltdown
Post by: falco on April 06, 2025, 02:49:00 AM
Maybe the stock market needed a reset.
Title: Re: Stock market meltdown
Post by: LurkerNoMore on April 06, 2025, 04:07:43 AM
You and I have to give Trump credit. He has given us an opportunity in the market to make money which I know you and I are taking advantage of

If only the housing market would crash now.  If he could recreate 2008 all over again, I would even vote for his third term.   :D
Title: Re: Stock market meltdown
Post by: BayGBM on April 06, 2025, 04:07:52 AM
I'm an engineer at one of these companies. I say invest wisely and make sure you don’t have a credit score like Methyl Mike.  :D :D

You have a good memory! ;D
Title: Re: Stock market meltdown
Post by: IroNat on April 06, 2025, 04:40:18 AM
Warren Buffett keeps taking investors to school as stock meltdown reveals the uncanny wisdom of his recent moves

https://fortune.com/2025/04/05/warren-buffett-investing-cash-treasury-bills-apple-stock-sale-market-crash/
Title: Re: Stock market meltdown
Post by: wes on April 06, 2025, 04:45:15 AM
Dr. Iron Nat knows a little about a lot of stuff!   ;)
Title: Re: Stock market meltdown
Post by: IroNat on April 06, 2025, 04:56:26 AM
Dr. Iron Nat knows a little about a lot of stuff!   ;)


 :D

(https://giffiles.alphacoders.com/235/23548.gif)
Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 06, 2025, 07:38:40 AM
Warren Buffett keeps taking investors to school as stock meltdown reveals the uncanny wisdom of his recent moves

https://fortune.com/2025/04/05/warren-buffett-investing-cash-treasury-bills-apple-stock-sale-market-crash/


Berkshire didn't see the current events coming. Many media reports over the past year that stated the opposite: Berkshire had lost its way, didn't seem to know what to do, had too much cash etc
Now they suddenly cheer him.
Buffett just followed his own rules. He wanted to buy, but the valuations were too high.

Title: Re: Stock market meltdown
Post by: Doug_Steele on April 06, 2025, 11:53:28 AM
You have a good memory! ;D

Ya just know he hasn’t fixed his credit in years.  :D :D

Hope all is well buddy.  :)

Title: Re: Stock market meltdown
Post by: FitnessFrenzy on April 06, 2025, 12:11:33 PM
bitcoin is collapsing.

Buckle up for tomorrow. Goodrum is driving the Jaguar off a cliff.
Title: Re: Stock market meltdown
Post by: BayGBM on April 06, 2025, 01:31:24 PM
Ya just know he hasn’t fixed his credit in years.  :D :D

Hope all is well buddy.  :)

I guarantee he never paid off that debt! And he has racked up more.   ::)
Title: Re: Stock market meltdown
Post by: Grape Ape on April 06, 2025, 03:08:57 PM
Bay - when should we buy TSLA?
Title: Re: Stock market meltdown
Post by: BayGBM on April 06, 2025, 03:25:52 PM
Bay - when should we buy TSLA?

Five years ago.

I think BYD has more upside potential than Tesla right now.  Politics aside I do believe Tesla is a solid product but BYD has more room to grow and more quickly.  The market cap for BYD is $148 billion and rising; Tesla market cap is $770 billion and falling.

I already own Li, LeapMotor, Nio, and XPeng.
Title: Re: Stock market meltdown
Post by: Rambone on April 06, 2025, 03:56:51 PM
Yikes. S&P futures currently down another 4% and Nasdaq 5%
Title: Re: Stock market meltdown
Post by: falco on April 06, 2025, 04:18:09 PM
The left must be very happy about these developments. They will own nothing and be happy, right?
Title: Re: Stock market meltdown
Post by: BayGBM on April 06, 2025, 04:28:27 PM
Yikes. S&P futures currently down another 4% and Nasdaq 5%

D’oh! :'(
Title: Re: Stock market meltdown
Post by: Grape Ape on April 06, 2025, 04:55:05 PM
Five years ago.

I think BYD has more upside potential than Tesla right now.  Politics aside I do believe Tesla is a solid product but BYD has more room to grow and more quickly.  The market cap for BYD is $148 billion and rising; Tesla market cap is $770 billion and falling.

I already own Li, LeapMotor, Nio, and XPeng.

Lol, yes on 5 years ago, but I believe there's big upside if he disrupts the Uber/taxi market.

And yes on politics aside, since the hate on Musk is just dumb.
Title: Re: Stock market meltdown
Post by: webstar on April 06, 2025, 07:23:18 PM
Was in Asia in February. The byds are everywhere for obvious reasons. Was talking to an uber driver who had a BYD he said he’s about 50-60% cheaper then a Tesla

I thought they had cool tech functions but cheaply built similar to Tesla’s
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 06, 2025, 09:14:32 PM
Gonna drop even more tomorrow….buy
Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 06, 2025, 10:54:58 PM
Was in Asia in February. The byds are everywhere for obvious reasons. Was talking to an uber driver who had a BYD he said he’s about 50-60% cheaper then a Tesla

I thought they had cool tech functions but cheaply built similar to Tesla’s

BYD is subsidized by the Chinese government. But apart from that it's avery impressive company.

I absolutely like and admire Elon, but Tesla was already in trouble:
Model X and S are old, expensive and problematic.
Model 3 is a low sedan, not much demand for that class of cars worldwide
So baiscally Tesla only has one model that does well and is in a prime part of the car market, the Y.

Cybertruck sells slow, and only in North America
The Semi is years behind schedule, production stopped for a long time, it seems now very slow production

The robot is extremely promising, Optimus Prime. But mass production and good profits could be many years away.
And China copies everything, so many robots from China too

Tesla home batteries, now there are many companies that make such energy storage. Still too expensive for 95% of consumers
But affordable on a larger scale for utilities

Tesla marker cap was higher than that of the ten largest automakers combined. Extremely overpriced imo.
Title: Re: Stock market meltdown
Post by: delon on April 06, 2025, 11:08:30 PM
BYD is subsidized by the Chinese government. But apart from that it's avery impressive company.

I absolutely like and admire Elon, but Tesla was already in trouble:
Model X and S are old, expensive and problematic.
Model 3 is a low sedan, not much demand for that class of cars worldwide
So baiscally Tesla only has one model that does well and is in a prime part of the car market, the Y.

Cybertruck sells slow, and only in North America
The Semi is years behind schedule, production stopped for a long time, it seems now very slow production

The robot is extremely promising, Optimus Prime. But mass production and good profits could be many years away.
And China copies everything, so many robots from China too

Tesla home batteries, now there are many companies that make such energy storage. Still too expensive for 95% of consumers
But affordable on a larger scale for utilities

Tesla marker cap was higher than that of the ten largest automakers combined. Extremely overpriced imo.

Its PE ratio is absolutely appallingly expensive for what ostensibly currently amounts to a car company with some projects in the works in a practical sense

Elon needs to finish his 130 days and get some of this other stuff such as fsd and robotics to market at scale - or pull yet another rabbit out of his mercurial hat - posthaste


Title: Re: Stock market meltdown
Post by: BayGBM on April 07, 2025, 02:53:48 AM
Lol, yes on 5 years ago, but I believe there's big upside if he disrupts the Uber/taxi market.

And yes on politics aside, since the hate on Musk is just dumb.

If you believe this is going to happen then now is definitely the time to buy; I do not subscribe to this and will place my money elsewhere.  Despite what I said above politics cannot be ignored and Musk is now toxic to his own brand in the US and Europe.  That has and will continue to impact the business and stock price. Politics was a big part of Tesla's rise. There are other places to grow your money.

Overall this is a great time to make lemonade out of lemons.  When markets crash on this scale it is an opportunity to enter and buy if you have been sitting on the sidelines.  If you are conservative there are plenty of safe points of entry.  I mentioned three in an earlier post.  If you are young and can tolerate risk you can make big gains over the short term.
Title: Re: Stock market meltdown
Post by: Brenda Steunbeer on April 07, 2025, 03:44:40 AM
Its PE ratio is absolutely appallingly expensive for what ostensibly currently amounts to a car company with some projects in the works in a practical sense

Elon needs to finish his 130 days and get some of this other stuff such as fsd and robotics to market at scale - or pull yet another rabbit out of his mercurial hat - posthaste


Superhigh P/E is often explained by "analysts" who say Tesla is not a car builder but a tech company!
So it should have a much higher valuation.
I don't buy into that story as more than 95% of their revenue and profit come from building cars. (Selling emission rights to other car makers is also car related imo)


Title: Re: Stock market meltdown
Post by: Dokey111 on April 07, 2025, 06:34:23 AM
Take advantage of buying opportunities.  Don't need to make big bets but yeah, long term this is a good time to start buying.
Title: Re: Stock market meltdown
Post by: loco on April 07, 2025, 07:08:55 AM
prepare for the suckers rally bounce before the bottom

Because you'll know when the US stock market has hit bottom.   ::)
Title: Re: Stock market meltdown
Post by: Dokey111 on April 07, 2025, 07:30:08 AM
Because you'll know when the US stock market has hit bottom.   ::)

 ;D exactly  ;D
Title: Re: Stock market meltdown
Post by: loco on April 07, 2025, 08:34:50 AM
 
me, I don't
but the fake news Wall Street Journal warns about it so it must be false ?
https://www.wsj.com/finance/stocks/the-stock-markets-fear-gauges-point-to-a-bounce-not-a-bottom-403e14f2?mod=hp_lead_pos3 (https://www.wsj.com/finance/stocks/the-stock-markets-fear-gauges-point-to-a-bounce-not-a-bottom-403e14f2?mod=hp_lead_pos3)

::)
Title: Re: Stock market meltdown
Post by: joswift on April 07, 2025, 08:36:24 AM
(https://www.getbig.com/boards/index.php?action=dlattach;topic=699398.0;attach=1563327;image)

so hes saying everybody knows something?
Title: Re: Stock market meltdown
Post by: loco on April 07, 2025, 08:51:54 AM
so hes saying everybody knows something?

 ;D

Title: Re: Stock market meltdown
Post by: Humble Narcissist on April 07, 2025, 08:56:12 AM
(https://www.getbig.com/boards/index.php?action=dlattach;topic=699398.0;attach=1563327;image)

so hes saying everybody knows something?
Yeah, but what they know ain't worth nothin'.
Title: Re: Stock market meltdown
Post by: loco on April 07, 2025, 09:00:15 AM
Humble Narcissist ain't lying.
Title: Re: Stock market meltdown
Post by: Dokey111 on April 07, 2025, 01:34:10 PM
I worked under John Bogle at Vanguard back in the late 80's. OK WAY under.  He was the real deal, down to earth.  Rare breed visionary.
Title: Re: Stock market meltdown
Post by: Rambone on April 07, 2025, 01:49:18 PM
I worked under John Bogle at Vanguard back in the late 80's. OK WAY under.  He was the real deal, down to earth.  Rare breed visionary.

He was still very lucid in his old age. His interviews would be the first thing I would show a beginner investor and tell them not to stray from what he teaches. I would have a lot more money if I just dollar cost averaged VFIAX/VOO from the start
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 07, 2025, 07:29:55 PM
Tomorrow should be a good day….

Title: Re: Stock market meltdown
Post by: Agnostic007 on April 07, 2025, 10:20:22 PM
You hypothetically have 50K you want to invest to take advantage of Trumps stupid tariff thingy. Where would you invest it in hopes of making lemonade?
Title: Re: Stock market meltdown
Post by: LurkerNoMore on April 08, 2025, 05:52:27 AM
You hypothetically have 50K you want to invest to take advantage of Trumps stupid tariff thingy. Where would you invest it in hopes of making lemonade?

Tesla....   :D :D :D :D   But wait until it's lower!
Title: Re: Stock market meltdown
Post by: Doug_Steele on April 08, 2025, 01:48:29 PM
I guarantee he never paid off that debt! And he has racked up more.   ::)

Guarantee he didn’t pay his debt off but went and got the Apple Card, ran up whatever he could get for a limit, got a new iPhone or a Mac and just said screw it and says it’ll fall off at some point.  :D :D

Be careful on the GE Vernova investment bay.  :) :)
Title: Re: Stock market meltdown
Post by: OlympiaGym on April 08, 2025, 02:50:46 PM
Tomorrow should be a good day….

Wrong again.
Title: Re: Stock market meltdown
Post by: deadz on April 08, 2025, 03:05:24 PM
In six months the markets will be at all time highs.
Title: Re: Stock market meltdown
Post by: OlympiaGym on April 08, 2025, 03:13:24 PM
In six months the markets will be at all time highs.

They’ll be lucky to make up the ground that has been lost.
Title: Re: Stock market meltdown
Post by: IroNat on April 08, 2025, 03:25:59 PM
The market is only back to where it was a year ago.

It was so high because the Biden gov't was goosing the money supply.
Title: Re: Stock market meltdown
Post by: OlympiaGym on April 08, 2025, 03:52:04 PM
The market is only back to where it was a year ago.

It was so high because the Biden gov't was goosing the money supply.

The Fed controls the money supply.

Trump is not cutting spending as House Republicans know.

His economic policies are contradictory and incoherent.

We would not be in this position if DeSantis was president.

Title: Re: Stock market meltdown
Post by: Mayday on April 08, 2025, 03:58:07 PM

21 days left then onto an ATH.

Nothing imploded or broke (yet).

US talk is to cause confusion but with an outcome of quick response. If he said a 5% Tariff nobody would do anything for a year. Slap 25%-50% and suddenly it’s 24hr cabinet discussions.
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 08, 2025, 04:12:57 PM
Wrong again.

Not…China wants to play a game they can’t possibly win. Their economy is almost in dire straits and sinking fast. We started the day at over + 1200, China missed the deadline to negotiate now their fucked

They need us, we don’t need them
Title: Re: Stock market meltdown
Post by: IroNat on April 08, 2025, 04:56:57 PM
The Green New Deal was a massive gov't spending program that flooded the economy with money, caused massive inflation, goosed the stock market, and accomplished only a few EV charging stations.
Title: Re: Stock market meltdown
Post by: Grape Ape on April 08, 2025, 05:02:10 PM
The Green New Deal was a massive gov't spending program that flooded the economy with money, caused massive inflation, goosed the stock market, and accomplished only a few EV charging stations.

Meanwhile, AOC snapped in a first class seat flying to "stop oligarchs".
Title: Re: Stock market meltdown
Post by: delon on April 08, 2025, 05:02:51 PM
The 'formula' is incompetent incorrect child-like garbage, resulting in ridiculous 'reciprocal' levels. A trade deficit with each individual country does not equal bad by definition

Navarro is quite clearly a zealot and the right people are now starting to make this public

I want trump to succeed but that doesnt mean he cannot make errors, this is one

Make clear this is negotiation, actually do negotiations in good faith, declare a rightful victory, get the economy booming not in stagflation


Title: Re: Stock market meltdown
Post by: Grape Ape on April 08, 2025, 05:14:38 PM
Make clear this is negotiation, actually do negotiations in good faith, declare a rightful victory, get the economy booming not in stagflation

Yessir.
Title: Re: Stock market meltdown
Post by: GymnJuice on April 08, 2025, 06:01:30 PM
The Green New Deal was a massive gov't spending program that flooded the economy with money, caused massive inflation, goosed the stock market, and accomplished only a few EV charging stations.

Was that the "inflation reduction act?" I'm no economist but it made no sense to me. To spend and print money we don't have and call it inflation reduction.
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 08, 2025, 08:02:33 PM
😂

Title: Re: Stock market meltdown
Post by: Humble Narcissist on April 09, 2025, 12:15:17 AM
In six months the markets will be at all time highs.
Yep.
Title: Re: Stock market meltdown
Post by: IroNat on April 09, 2025, 04:57:31 AM
Was that the "inflation reduction act?" I'm no economist but it made no sense to me. To spend and print money we don't have and call it inflation reduction.

That's another one too.  Same thing. 
Title: Re: Stock market meltdown
Post by: loco on April 09, 2025, 04:58:57 AM
In six months the markets will be at all time highs.

I think more long term than that.  There is a very good chance that in 5-7 years, I'll more than double the money I invested in US stock index funds these couple of weeks.
Title: Re: Stock market meltdown
Post by: loco on April 09, 2025, 10:10:48 AM
(https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEigIXu2mUv_DTyCMXObSZR-RjHKyPSh36go8W3b59fTM5l3hcIhyV8c0493F3pZxKb-CR6hjXlj7C7ZjufuEwhPJyGySx-YqkHxi2_CKUohqteFvIhJpUNgcGmf2UNufZEYMgTWkAimvudu/s1600/ThisIsTheTopOfTheStockMarket.jpg)
Title: Re: Stock market meltdown
Post by: BayGBM on April 09, 2025, 11:22:13 AM
I told you so... 8)
Title: Re: Stock market meltdown
Post by: Moontrane on April 09, 2025, 12:19:03 PM
Tomorrow should be a good day….

Epic fail, Coach.  You were off by two days.  ;D
Title: Re: Stock market meltdown
Post by: Rambone on April 09, 2025, 12:58:26 PM
I’ve never seen the Nasdaq up 12% in one day. Wooooo boy

Edit: happened 24 years ago. Tiny tit Tim Cook looking like an eager beaver lesbian here
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 09, 2025, 01:02:07 PM
Epic fail, Coach.  You were off by two days.  ;D

lol...oops

imma going to get on X to watch the left have meltdowns  ;D
Title: Re: Stock market meltdown
Post by: loco on April 09, 2025, 02:35:55 PM
 ;D
Title: Re: Stock market meltdown
Post by: deadz on April 09, 2025, 02:38:34 PM
Art of the deal! Too many stupid c unts just cannot comprehend!
Title: Re: Stock market meltdown
Post by: deadz on April 09, 2025, 02:58:28 PM
;D
All that GREEN, seeing the same on my account summary page.


MAGA or GTFO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11
Title: Re: Stock market meltdown
Post by: IroNat on April 10, 2025, 05:00:19 AM
(https://media.tenor.co/images/59d3425316ca9028eea228d9d1694c14/raw)
Title: Re: Stock market meltdown
Post by: FitnessFrenzy on April 11, 2025, 07:29:20 AM
Title: Re: Stock market meltdown
Post by: MajorDomo on April 11, 2025, 08:53:32 AM
(https://media.tenor.co/images/59d3425316ca9028eea228d9d1694c14/raw)

hahaha perfect!
Title: Re: Stock market meltdown
Post by: Rambone on April 24, 2025, 01:15:30 PM
Everybody feeling a little better?
Title: Re: Stock market meltdown
Post by: Grape Ape on April 24, 2025, 01:32:21 PM
Everybody feeling a little better?

I am glad I don't follow this day to day.
Title: Re: Stock market meltdown
Post by: Rambone on April 24, 2025, 02:34:12 PM
I am glad I don't follow this day to day.

I heard Dave D sold the bottom and is still “too uncomfortable” to reinvest
Title: Re: Stock market meltdown
Post by: Grape Ape on April 24, 2025, 02:35:58 PM
I heard Dave D sold the bottom and is still “too uncomfortable” to reinvest

Can't say this is the first time I've seen Dave D + bottom in a sentence.
Title: Re: Stock market meltdown
Post by: Rambone on April 24, 2025, 03:01:03 PM
Can't say this is the first time I've seen Dave D + bottom in a sentence.

 ;D
Title: Re: Stock market meltdown
Post by: Coach is Back! on April 24, 2025, 03:51:58 PM
Everybody feeling a little better?

Never felt worried. Trust the system (from this administration)