Author Topic: Stock Market discussion  (Read 49250 times)

FitnessFrenzy

  • Getbig V
  • *****
  • Posts: 28946
  • evolving
Stock Market discussion
« on: August 05, 2019, 12:11:36 PM »
nasdaq 100 down over 4% ouch! (today)

loco

  • Getbig V
  • *****
  • Posts: 19006
  • loco like a fox
Re: stock market crashing
« Reply #1 on: August 05, 2019, 12:15:05 PM »

Thin Lizzy

  • Getbig V
  • *****
  • Posts: 18263
  • It’s all a fraud
Re: stock market crashing
« Reply #2 on: August 05, 2019, 12:59:22 PM »
How is it crashing when it is only 5% off its all-time high?

Mayday

  • Getbig IV
  • ****
  • Posts: 2708
Re: stock market crashing
« Reply #3 on: August 05, 2019, 04:59:11 PM »
The US seems to be actioning a plan.

You guys finally declared China a currency manipulator. Been going on for donkeys but never officially declared.

So we have a week of horrid markets and then instead of a rally point (normally the fed steps in) we see the US go bananas at China lol. It'll be a bloodbath today. Gold, silver, cryptos to rally until this is resolved.

Whilst some will jump to say 'what an idiot', there is no way this wasn't done unless something behind the scenes has gone horribly wrong. This is HUGE! We are talking declaring economic war on a superpower, watch the markets meltdown this week.

The initial greed for offshoring has now put the IP and data into China's hands and over time we all have a losing hand. Even  DJI is on the radar because they are mapping and recording everything and the data is Chinese owned. it's now the next step.

The nervous money is in China, not the US. So, flush it out and make China unstable. China have more to lose right now as a loss of investment/production would crush their entire economy.

Dokey111

  • Getbig V
  • *****
  • Posts: 4066
Re: stock market crashing
« Reply #4 on: August 05, 2019, 05:00:56 PM »
The US seems to be actioning a plan.

You guys finally declared China a currency manipulator. Been going on for donkeys but never officially declared.

So we have a week of horrid markets and then instead of a rally point (normally the fed steps in) we see the US go bananas at China lol. It'll be a bloodbath today. Gold, silver, cryptos to rally until this is resolved.

Whilst some will jump to say 'what an idiot', there is no way this wasn't done unless something behind the scenes has gone horribly wrong. This is HUGE! We are talking declaring economic war on a superpower, watch the markets meltdown this week.

The initial greed for offshoring has now put the IP and data into China's hands and over time we all have a losing hand. Even  DJI is on the radar because they are mapping and recording everything and the data is Chinese owned. it's now the next step.

The nervous money is in China, not the US. So, flush it out and make China unstable. China have more to lose right now as a loss of investment/production would crush their entire economy.

'what an idiot'

Matt

  • Getbig V
  • *****
  • Posts: 16691
  • YouTube FitnessByMatt
Re: stock market crashing
« Reply #5 on: August 05, 2019, 05:24:00 PM »
'what an idiot'

Been going on for a Dokey's age.

Irongrip400

  • Getbig V
  • *****
  • Posts: 21103
  • Pan Germanism, Pax Britannica
Re: Stock Market Crashing 2019-08-05
« Reply #6 on: August 05, 2019, 05:26:35 PM »
Will await Neurotoxin’s advices before I react.

JuicedKangaroo

  • Getbig III
  • ***
  • Posts: 585
Re: Stock Market Crashing 2019-08-05
« Reply #7 on: August 05, 2019, 06:32:54 PM »
Yawn. Good - I will top up and buy some more of the index then...

mazrim

  • Getbig V
  • *****
  • Posts: 4438
Re: Stock Market Crashing 2019-08-05
« Reply #8 on: August 05, 2019, 06:33:06 PM »
Will await Neurotoxin’s advices before I react.
He predicted it was coming.......in 2016, 2017, 2018, and 2019.

Like a seer. Right on the money.


gib

  • Getbig V
  • *****
  • Posts: 4639
  • Getbig!
Re: Stock Market Crashing 2019-08-05
« Reply #9 on: August 05, 2019, 06:43:29 PM »
Awaiting Mr Anabolics comments. He usually pops up at times like this ... :)

My view - buy when there’s blood on the streets.

Rambone

  • Getbig V
  • *****
  • Posts: 20195
  • bhank is coming….
Re: Stock Market Crashing 2019-08-05
« Reply #10 on: August 05, 2019, 07:55:13 PM »
Awaiting Mr Anabolics comments. He usually pops up at times like this ... :)

My view - buy when there’s blood on the streets.

His precious gold has had a rally as of late, but its 10 year performance is under 4%. In other words, pure shit. But there’s always a dooms day scenario that he’ll bring up every year which never happens, but when it finally does, he’ll probably be sure to say, “I told you so.”

Marty Champions

  • Getbig V
  • *****
  • Posts: 36409
Re: stock market crashing
« Reply #11 on: August 05, 2019, 08:02:11 PM »
How is it crashing when it is only 5% off its all-time high?
lol the media grasping at straws to get people worried about anything
A

SouJerz

  • Getbig II
  • **
  • Posts: 194
Re: Stock Market Crashing 2019-08-05
« Reply #12 on: August 05, 2019, 11:47:26 PM »
His precious gold has had a rally as of late, but its 10 year performance is under 4%. In other words, pure shit. But there’s always a dooms day scenario that he’ll bring up every year which never happens, but when it finally does, he’ll probably be sure to say, “I told you so.”


How does one properly use i told you so? 

China devalued their currency in reaction to a 10% tariff.  The usa finally named china a currency manipulator.  I wonder what would happen if further tariffs of 25% were imposed?

More than likely today was smart and big money investors taking 10%, 15%, 20%, mid year profits because no one ever went broke taking profits.  If you let it ride well then that's exactly what you are doing letting it ride and not taking profits which has risk for further potential gains or loses.

gib

  • Getbig V
  • *****
  • Posts: 4639
  • Getbig!
Re: Stock Market Crashing 2019-08-05
« Reply #13 on: August 06, 2019, 12:46:16 AM »
His precious gold has had a rally as of late, but its 10 year performance is under 4%. In other words, pure shit. But there’s always a dooms day scenario that he’ll bring up every year which never happens, but when it finally does, he’ll probably be sure to say, “I told you so.”

And remember his even more better suggestion was to buy silver as it is "cheap" compared to gold. Meanwhile, his much hated BTC has outperformed both...

IRON CROSS

  • Getbig V
  • *****
  • Posts: 8901
Re: Stock Market Crashing 2019-08-05
« Reply #14 on: August 06, 2019, 01:02:18 AM »
Yawn. Good - I will top up and buy some more of the index then...

how is warehouse work ...........

loco

  • Getbig V
  • *****
  • Posts: 19006
  • loco like a fox
Re: Stock Market Crashing 2019-08-05
« Reply #15 on: August 06, 2019, 01:36:06 PM »
Guess it wasn't crashing after all...

Dow jumps 300 points as Wall Street rebounds
https://www.cnbc.com/2019/08/05/dow-futures-fall-implying-a-200-point-drop-on-tuesday-as-trade-war-fears-batter-wall-street.html


08/06/2019 4:01 PM Eastern Time

https://www.cnbc.com/us-markets/



SOMEPARTS

  • Getbig V
  • *****
  • Posts: 15828
Re: stock market crashing
« Reply #16 on: August 06, 2019, 01:58:34 PM »
The US seems to be actioning a plan.

You guys finally declared China a currency manipulator. Been going on for donkeys but never officially declared.

So we have a week of horrid markets and then instead of a rally point (normally the fed steps in) we see the US go bananas at China lol. It'll be a bloodbath today. Gold, silver, cryptos to rally until this is resolved.

Whilst some will jump to say 'what an idiot', there is no way this wasn't done unless something behind the scenes has gone horribly wrong. This is HUGE! We are talking declaring economic war on a superpower, watch the markets meltdown this week.

The initial greed for offshoring has now put the IP and data into China's hands and over time we all have a losing hand. Even  DJI is on the radar because they are mapping and recording everything and the data is Chinese owned. it's now the next step.

The nervous money is in China, not the US. So, flush it out and make China unstable. China have more to lose right now as a loss of investment/production would crush their entire economy.


China has been selling off USA debt in favor of 1 kilo gold bars for a while now. At the moment things like credit are the same as things that are real. Someday things will have to reset.

oldtimer1

  • Getbig V
  • *****
  • Posts: 16958
  • Getbig!
Re: Stock Market Crashing 2019-08-05
« Reply #17 on: August 06, 2019, 07:23:47 PM »
If the stock market crashed by 4000 it would still be high. Yes it will have ups and downs.

SOMEPARTS

  • Getbig V
  • *****
  • Posts: 15828
Re: Stock Market Crashing 2019-08-05
« Reply #18 on: August 06, 2019, 07:33:06 PM »
If the stock market crashed by 4000 it would still be high. Yes it will have ups and downs.



Yes, BUT...nobody has the stomach for that because we are in an ever expanding top. This happens the same way every time. All time highs then a crash. No way to time it but one thing is certain, everybody will be surprised...yet again.

oldtimer1

  • Getbig V
  • *****
  • Posts: 16958
  • Getbig!
Re: Stock Market Crashing 2019-08-05
« Reply #19 on: August 06, 2019, 07:41:44 PM »


Yes, BUT...nobody has the stomach for that because we are in an ever expanding top. This happens the same way every time. All time highs then a crash. No way to time it but one thing is certain, everybody will be surprised...yet again.

Stocks are for the long time haul. If they are treated as a casino gamble to pull out when you made enough you will suffer the losses as well as the wins. I'm a blue collar type of guy but I have had stocks for 30 years even though it's chump change. Never over 100K. The guys that put in money and try to retrieve it when it hopefully reaches a goal value are the ones that have major losses. It's rebounding already. Hopefully the trend continues in this highest stock market in history.

SOMEPARTS

  • Getbig V
  • *****
  • Posts: 15828
Re: Stock Market Crashing 2019-08-05
« Reply #20 on: August 06, 2019, 08:22:12 PM »
Stocks are for the long time haul. If they are treated as a casino gamble to pull out when you made enough you will suffer the losses as well as the wins. I'm a blue collar type of guy but I have had stocks for 30 years even though it's chump change. Never over 100K. The guys that put in money and try to retrieve it when it hopefully reaches a goal value are the ones that have major losses. It's rebounding already. Hopefully the trend continues in this highest stock market in history.



Blue collar is exactly who pays for the graft of the "money managers" all while your savings is locked up. That's fine for people who can't control their spending but the whole 401k game was designed to take the burden of pensions off of companies and privatize risk, not to make regular people rich. Yes, if you stay in forever there is a slow return but as they disclaim "past performance doesn't guarantee future returns". If you retire in the wrong timespan you can be down 30-40%, and if you pull out with a gain, it's a gain...but taxable to boot if before retirement age. The whole idea of tax deferred to retirement once again is to lock your money up. In the era of money printing and HFT trading I prefer less counterparty risk and real assets that flow cash. Waiting until I'm old for access to my money and hoping a stranger takes good care of my future is financially careless IMO.

loco

  • Getbig V
  • *****
  • Posts: 19006
  • loco like a fox
Re: Stock Market Crashing 2019-08-05
« Reply #21 on: August 07, 2019, 06:41:30 AM »
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

loco

  • Getbig V
  • *****
  • Posts: 19006
  • loco like a fox
Re: Stock Market Crashing 2019-08-05
« Reply #22 on: August 07, 2019, 06:45:28 AM »
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

Publication Date: January 7, 2019

https://www.amazon.com/Everyday-Millionaires-Ordinary-Extraordinary-Wealth-ebook/dp/B07MCYP39J/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=


SOMEPARTS

  • Getbig V
  • *****
  • Posts: 15828
Re: Stock Market Crashing 2019-08-05
« Reply #23 on: August 08, 2019, 08:37:38 AM »
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

Publication Date: January 7, 2019

https://www.amazon.com/Everyday-Millionaires-Ordinary-Extraordinary-Wealth-ebook/dp/B07MCYP39J/ref=tmm_kin_swatch_0?_encoding=UTF8&qid=&sr=





Might be a good read for an 18-30 year old but I doubt it lists the metrics that I would want to see - income, time, contribution level, fund allotments, etc. On a little looking I found the average is about 30 years in the market just staying in. So if you put the max 19k in a year for 30 years or have an ESOP or match from your employer yes, odds are you'll be a millionaire. But most people don't work the same place for 30 years or put in anywhere near that amount and as passive parties are subject to all the trappings of timing, fees, dishonesty, etc. I don't consider the equities market a fiduciary system for small investors. Also factor in that many pensions plans are going bankrupt.

My point is high income earners will become millionaires in any decent investment or even a simple savings plan over the long term. The guy with 100k in a 401k hoping to be able to retire on it in 10 years is being lied to. That's one year of putting a parent in a rest home.

I love being highly liquid. No carrot on a stick. No need to worry if I will be dealing with a Bernie Sanders type tax policy or have the retirement age pushed up to 75 to realize the deferred tax benefit, etc. Guess who bought everything up last crash? People who had liquid funds.

JuicedKangaroo

  • Getbig III
  • ***
  • Posts: 585
Re: Stock Market Crashing 2019-08-05
« Reply #24 on: August 08, 2019, 08:41:47 AM »
how is warehouse work ...........

I am not Lee you imbecile - I doubt Lee is invested in any stocks.

I live in Sydney (not Newcastle, like Lee) and I believe Lee is a flat our liar about his 'small dosages'. Ah Get Big, the one board so vitriolic and negative that any complementary talk of a bodybuilder leads most to believe you're actually writing for them!