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Joined: Jan 2013
Posts: 1,857
Campfire Regular
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Campfire Regular
Joined: Jan 2013
Posts: 1,857 |
Its been freakin brutal. DJI down ~7% in the last week. I've got some Tech stocks that are down 50% since October. Amazon down ~33% off highs this year.
The Fed needs to put a pause on the rate hikes and Trump needs to close a deal with China... or this sht is going to just get worse.
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Joined: Jan 2009
Posts: 11,525 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Jan 2009
Posts: 11,525 Likes: 2 |
I didn't, but I'll go on record calling the next downturn. It will happen. I'm not real sure on the timing however. Get that Resume in, Guys like you are in demand.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
Its been freakin brutal. DJI down ~7% in the last week. I've got some Tech stocks that are down 50% since October. Amazon down ~33% off highs this year.
The Fed needs to put a pause on the rate hikes and Trump needs to close a deal with China... or this sht is going to just get worse. LMAO This gambling schit sucks!!!!
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Nov 2018
Posts: 17,019 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Nov 2018
Posts: 17,019 Likes: 4 |
I saw it coming 2 years ago so went conservative on investments. I didn't make as much as I could have when the market was high, but I modestly gain.
Trying not to lose a big chunk of capital like 2008.
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Joined: Jan 2009
Posts: 11,525 Likes: 2
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Jan 2009
Posts: 11,525 Likes: 2 |
I saw it coming 2 years ago so went conservative on investments. I didn't make as much as I could have when the market was high, but I modestly gain.
Trying not to lose a big chunk of capital like 2008. The beauty of '08 was I had cash at the right time. You trying to cheer me up?
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Joined: May 2016
Posts: 60,418 Likes: 10
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,418 Likes: 10 |
It must suck investing in fairy tales.
I am MAGA.
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Joined: Oct 2001
Posts: 6,032
Campfire Tracker
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Campfire Tracker
Joined: Oct 2001
Posts: 6,032 |
I saw it coming 2 years ago so went conservative on investments. I didn't make as much as I could have when the market was high, but I modestly gain.
Trying not to lose a big chunk of capital like 2008. Did you pull your money out when the market was down?
When its time to fight, you fight like you are the third monkey on the ramp to get on Noah's Arc... and brother, it is starting to rain!
The chair is against the wall.
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Joined: Aug 2005
Posts: 28,251 Likes: 6
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 28,251 Likes: 6 |
If hindsight were foresight there'd be a 24HCF full of billionaires. I'm betting there's none, nada, zero here. Everyone's an expert after the fact.
It is irrelevant what you think. What matters is the TRUTH.
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Joined: Jun 2003
Posts: 42,617
Campfire 'Bwana
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Campfire 'Bwana
Joined: Jun 2003
Posts: 42,617 |
A good principle to guide me through life: “This is all I have come to expect, standard lackluster performance. Trust nothing, believe no one and realize it will only get worse…”
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Joined: Aug 2005
Posts: 26,337
Campfire Ranger
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Campfire Ranger
Joined: Aug 2005
Posts: 26,337 |
fella i use to work with said the stock market was a rigged game.
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Joined: Aug 2007
Posts: 115,424 Likes: 13
Campfire Sage
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Campfire Sage
Joined: Aug 2007
Posts: 115,424 Likes: 13 |
If hindsight were foresight there'd be a 24HCF full of billionaires. I'm betting there's none, nada, zero here. Everyone's an expert after the fact. This statement is ALL Texas.
Trump being classless,tasteless and clueless as usual. Sorry, trump is a no tax payin pile of shiit. My young wife decided to play the field and had moved several dudes into my house
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Joined: Jan 2013
Posts: 1,857
Campfire Regular
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Campfire Regular
Joined: Jan 2013
Posts: 1,857 |
Its been freakin brutal. DJI down ~7% in the last week. I've got some Tech stocks that are down 50% since October. Amazon down ~33% off highs this year.
The Fed needs to put a pause on the rate hikes and Trump needs to close a deal with China... or this sht is going to just get worse. LMAO This gambling schit sucks!!!! Nah, I wouldn't say it sucks. The market is cyclical which is just another business risk that has to be managed.
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Joined: Nov 2018
Posts: 17,019 Likes: 4
Campfire Ranger
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Campfire Ranger
Joined: Nov 2018
Posts: 17,019 Likes: 4 |
I saw it coming 2 years ago so went conservative on investments. I didn't make as much as I could have when the market was high, but I modestly gain.
Trying not to lose a big chunk of capital like 2008. Did you pull your money out when the market was down? No, but I lost about 38% of my nest egg and my long term job all at the same time. Careful when slinging arrows.
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Joined: Jan 2010
Posts: 6,209 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,209 Likes: 1 |
But really while it’s down 400 some points today thats less than 2%
400 points today, Wanna talk about the 2000+ for the month? What was teh DOW sitting at 3 or 4 years ago? I bet its STILL averaging 8-9% per year, and I didnt even look. 400 points aint [bleep] anymore. We were spoiled with a Obammy friendly fed at 0%rates .
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
Im out and its going to get a lot worse. Said so months ago. Saw it coming and jumped out when the DOW was at 25,700...Put what little I had into real estate which is up 36% since March. Real estate isn't "only paper". 
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Nov 2011
Posts: 1,119
Campfire Regular
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Campfire Regular
Joined: Nov 2011
Posts: 1,119 |
I believe all the averages are now negative for this year.
Heaven has a wall, a gate and strict immigration policy.
Hell has open borders.
Let that sink in.....
I Live for Opening Day!
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Joined: Dec 2006
Posts: 28,172
Campfire Ranger
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Campfire Ranger
Joined: Dec 2006
Posts: 28,172 |
...not quite yet, I won't... When it dips near 20 I'll put a chunk in. If it doesn't go that low I'll buy a small piece of property with "potential"...that old real estate sales term...LOL
Hunt with Class and Classics
Religion: A founder of The Church of Spray and Pray
Acquit v. t. To render a judgment in a murder case in San Francisco... EQUAL, adj. As bad as something else. Ambrose Bierce “The Devil's Dictionary”
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Joined: Jan 2005
Posts: 12,359
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 12,359 |
... Amazon down ~33% off highs this year...
Good, would love to see it drop another 55%.
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Joined: Jan 2010
Posts: 6,209 Likes: 1
Campfire Tracker
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Campfire Tracker
Joined: Jan 2010
Posts: 6,209 Likes: 1 |
I've been sticking exactly half my monthly 'investment' in cash equivalents for 3 or 4 years now. Sure, I missed a NICE paper gain during that run, but I wasnt going to sell anyway as retirement is a ways off.
Looking forward to the "sales".
Quit giving in inch by inch then looking back to lament the mile behind ya and wonder how to preserve those few feet left in front of ya. They'll never stop until they're stopped. That's a fact.
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Joined: Oct 2009
Posts: 12,525 Likes: 6
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2009
Posts: 12,525 Likes: 6 |
I thought it was very clear.
Baloney was goin down on the 21st.
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