Market timing is the worst thing. If you can’t accurately time the market, might as well not do it.
-
those who did not sell in August should not be selling now
-
those who didn’t sell Tsla at $375 shouldn’t be selling now
Market timing is the worst thing. If you can’t accurately time the market, might as well not do it.
those who did not sell in August should not be selling now
those who didn’t sell Tsla at $375 shouldn’t be selling now
Hey, you’re my buddy… I got a 750K home equity line that is gathering dust.
Texas blow’em.
Why don’t you put that to good use by dumping it all into the stock market right now
Looking at all the negativity about stocks from posters here, I think we are near the bottom.
We have been “near the bottom” for a month now. How much closer do you get?
Reminder how this sorry chain of event started:
”Going through the whole month of January, everything was still all-system’s go, hunky dory, so-to-speak. But then once the president brought up the tariffs and a trade war, then the entire global economy kind of lost a significant amount of steam,” said Scot Lance, managing director at California-based Titus Wealth Management “It’s ironic that we’ve come to this bear market, or a potential one – I don’t see how it’s stoppable frankly – but it’s kind of unprecedented how we have.”
One of the biggest own goals in history. MAGA!
Well, my wife and I do have a fair amount of cash reserves in IRA related accounts that we really should/need to position if we want to retire soon.
(God, you know the market is going to hell if Dragonboy is even thinking about coming in…)
Thanks
I have a HELOC but too bad I tapped it already! It is only 80k though so yea…
Like I been saying, I’m small potato compared to you guys. It’s ok though. Gotta start somewhere!
As of Monday, Wall Street was headed for its worst December since 1931, when the markets lost 14.53 percent. As of Christmas Eve, the Dow was down 13.63 percent for the month.
Just one more percent and Donald will top even the Great Depression. MAGA!
I Feel like it could go either way. We rip higher right after New Year’s, or we go down substantially more. If we keep going down, I will go ahead and guess 45%, for Trump president number 45
@Rent_and_Vent I am by no means a perma bear like you are. I think the stock market is on sale right now. I just want to wait for the desperate sellers to get out.
Is there any economic data other than yield curve that’s negative? GDP growth is above 3%. Unemployment is under 4%. For the first time in history, there’s more open jobs than unemployed people. Corporate profits are doing great. For the first time in about 2 decades, real household income is increasing.
The market is just insanely irrational right now. The only negative is fed increasing interest rates. One of the oldest sayings is don’t fight the fed. It’s literally outweighing every other data point.
Market is not irrational. It’s pricing in the irrationality of the White House.
I’m not a stock permabear at all… but not a boglehead buy and hold forever fanatic either. as my name implies, . just hoping for a decent dip in BA RE prices.
One for the history books.
Inflation Numbers are a joke. They don’t include gas food or housing. Unemployment numbers are also a joke. Doesn’t include people that have given up looking. And a lot of the new jobs are crappy jobs
Market timing is the worst thing. If you can’t accurately time the market, might as well not do it.
those who did not sell in August should not be selling now
those who didn’t sell Tsla at $375 shouldn’t be selling now
TSLA gave me $33,338.95 as YTD profit, TEVA gave me $91,262.60 more than enough to book my profits this year.
All I thought, today morning, is to come out with some positive gains and 10.06% more than enough to settle so that I am crossing my fifth year with YTD gains of 10% every year.
If I grow 10% a year, I can comfortably grow my funds.
The Market Can Remain Irrational Longer Than You Can Remain Solvent.
Now, reversed, DIA puts, SPY puts, QQQ puts until market settles or max Dec 31, 2018 to book gains ! It is going on excellent run now.