The stock market is tanking, we should be happy right????

[The-Shoveler]

[quote=flu]ouch. markets ended badly….are we back to March 2017 prices yet?

funny thing is I got a bunch of CDs maturing on March 2018 too. maybe that was a good thing afterall, lol…..

me thinks the indexes will be negative this year. gonna be difficult to recover this loss ….[/quote]

Did you hear Jim Cramer Yelling.

The guy gets upset sometimes

[Anonymous]

[quote=flu]ouch. markets ended badly….are we back to March 2017 prices yet?

funny thing is I got a bunch of CDs maturing on March 2018 too. maybe that was a good thing afterall, lol…..

me thinks the indexes will be negative this year. gonna be difficult to recover this loss ….[/quote]

“this loss?” S&P 500 is down about 4% since Jan 1.

Hysterical news headlines don’t change the rules of arithmetic.

[FlyerInHi]

Reasons given for the stock market drop are the deficit and higher interest rates.

whatever happened to the people who predicted hyperinflation and solar debasement? I wonder how their portfolios did in the last 10 years.

[evolusd]

Turning 39 this year. Had about 30% of my retirement in cash up until last week, at which point I got sick of watching the market go up up up and dumped about half of it into a few large cap growth stocks, only to see them get pummeled this week. Oh well…lots of time before I retire.

Curious to see where we go from here.

[Coronita]

.

[Coronita]

[quote=evolusd]Turning 39 this year. Had about 30% of my retirement in cash up until last week, at which point I got sick of watching the market go up up up and dumped about half of it into a few large cap growth stocks, only to see them get pummeled this week. Oh well…lots of time before I retire.

Curious to see where we go from here.[/quote]

I think if you make regular investments over the longer period of time, you have nothing to worry about. That way you get the highs and the lows and everything in between….

The best performing account I have is my kid’s 529 account because they severely limit what you can and cant do.

Currently, I do a automatic investment of roughly $5000/month into post-tax index and 529 accounts, in addition to the maximum 401k contribution. I have no mortgage and have net rental income, and since my life’s monthly “operational costs” are relatively low, I have nothing better to do with the surplus.
The automatic investment I’ve done since 1996, though the amount was much less back then.

[an]

So, who here bought 10 days ago? If you simply bought the DOW, you’re up about 5% in 10 days. If you bought the NASDAQ, you’re up 6.8%. Pretty awesome return.

[kev374]

down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?

[henrysd]

[quote=kev374]down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?[/quote]

You never need to listen wall street sell side recommendations – professional investors never listen to them. They are fuckers, liars and also sales men of brokerage houses. When Goldman quietly shorted mortgage bond market just before the financial crisis, they were just boasting the mortgage bond products to public.

U.S. 10 yr bond yield is already the highest in developed world. France and Germany have negative 2 yr bond yield, 5 yr bond yield was negative a few months ago, now just turned slightly positive, 10 yr yield at 0.7 or 1.0% now There is still some global deflation force (mostly Europe and Japan) which will limit U.S. bond yield:
http://www.wsj.com/mdc/public/page/2_3022-govtbonds.html?mod=mdc_bnd_gvtbnd

When corporate bond market smells trouble, that is the time we need to worry. Right now corporate debt side is super healthy.

[Coronita]

[quote=kev374]down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?[/quote]

I fail to see how this is Washington’s fault. and if a crash was so obvious that it was going to happen to everyone, why would one move a massive amount of money into the market right before it happens..

Seems to me that the beginning this year the markets were still going gangbusters and that drew even the most bearish into the markets from the fear of missing our additional gains.

My has the markets changed its tune in just a few weeks. it will be a perfect time to buy end of this month, and end of next month, and the following month, and the month after, and the month after…..

bring on the big correction. I am excited.

[plm]

[quote=flu][quote=kev374]down again and Morgan Stanley has just come out saying this is just an appetizer and to wait for a massive crash later this year… buckle up. Seriously what did the retards in Washington think was going to happen when they took on all this ridiculous debt?[/quote]

I fail to see how this is Washington’s fault. and if a crash was so obvious that it was going to happen to everyone, why would one move a massive amount of money into the market right before it happens..

Seems to me that the beginning this year the markets were still going gangbusters and that drew even the most bearish into the markets from the fear of missing our additional gains.

My has the markets changed its tune in just a few weeks. it will be a perfect time to buy end of this month, and end of next month, and the following month, and the month after, and the month after…..

bring on the big correction. I am excited.[/quote]

Not sure why you would wish for a declining market. I much prefer the rising markets the past two years. I’m going to start increasing cash instead of making money owning stocks. Was at 99 percent stock. Even after selling GOOG a few weeks ago, I’m still at 96 percent stock. In this high volatility environment, I need to keep reducing my stock ownership by selling. This choppiness is only good for day traders.

[spdrun]

Why wish for a crashing market?

Because a crashing market would scare the sheep out of ALL investments — great if you have cash.

Also, a hard market crash before the 2018 election would guarantee House and Senate turning blue, and maybe Trump impeachment. Should be fun to watch if it happens.

[The-Shoveler]

I am mostly out of the market but I still think having the market and the economy doing well would work best for me (and the majority of the country).

IMO having a downturn is really only good for a small segment of the population and may even further the divide that is tearing the country apart.

I really think there is a chance the USA will not exist in its present form in 25 years.

[spdrun]

^^^

That’s not a bad thing — there’s no reason why CA needs to pay to support states that are frankly ungrateful. It would be better if the US did not exist in its present form in a few decades.

[The-Shoveler]

I think there is even more of a chance that California will not exist in its present form in 25 years.

Even if the USA does not split itself apart California likely will.

[Author]

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