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Campfire Regular
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Campfire Regular
Joined: Aug 2009
Posts: 1,989 |
Its just a bump in the road. Unless you panic and bail out. A pretty big bump, but just a bump. How long is it going to continue to fall or how low will it get ? Who knows? I'm in for the long. I have to admit I like those big gains more that the big falls!
lightman
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Joined: Jan 2009
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Campfire Outfitter
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OP
Campfire Outfitter
Joined: Jan 2009
Posts: 11,514 |
My hearts pumping piss... How many Old Fashioned's were behind this statement?
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Joined: Feb 2010
Posts: 16,063
Campfire Ranger
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Campfire Ranger
Joined: Feb 2010
Posts: 16,063 |
Investing in the stock market is considered high risk for a reason. I suppose this could be considered technically correct, but in reality the stock market is VOLATILE, but not risky IN THE LONG TERM. I sleep like a baby. The stocks I hold are up 27% over the last two years. The risk is in the upcoming recession and how much it will effect business. That's what I worry about. The market will bounce like a rubber ball like it always does. I guess the risk would be, from a retirement stand point. Getting caught in a downturn to close to retirement witch leaves no time to recover losses. Why? I intend to withdraw it like I invested it; a little every month. Google dollar cost averaging.
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Joined: Aug 2011
Posts: 8,721
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2011
Posts: 8,721 |
Howard Ruff-- 1980
Last edited by TBREW401; 12/22/18.
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Joined: Feb 2004
Posts: 19,123
Campfire Ranger
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Campfire Ranger
Joined: Feb 2004
Posts: 19,123 |
I am not contributing to a 401K right now and I have 5 more years before I can start drawing on my IRA. Let it correct. I did my whole $6000 for 2018 so I have to wait a few more weeks before I can invest my next $6000. I like dividend paying stocks. The dollar value of the stock may be down but as long as the dividends keep rolling in, I can be patient.
kwg
For liberals and anarchists, power and control is opium, selling envy is the fastest and easiest way to get it. TRR. American conservative. Never trust a white liberal. Malcom X Current NRA member.
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Joined: May 2004
Posts: 2,816
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,816 |
Investing in the stock market is considered high risk for a reason. I suppose this could be considered technically correct, but in reality the stock market is VOLATILE, but not risky IN THE LONG TERM. I sleep like a baby. The stocks I hold are up 27% over the last two years. The risk is in the upcoming recession and how much it will effect business. That's what I worry about. The market will bounce like a rubber ball like it always does. I guess the risk would be, from a retirement stand point. Getting caught in a downturn to close to retirement witch leaves no time to recover losses. If you are that close to retirement and you haven’t adjusted your holdings accordingly, that isnt the markets fault.
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Joined: Dec 2007
Posts: 11,193
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2007
Posts: 11,193 |
Hows the portfolios doing? I'am within 4% of my peak.
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Joined: Jan 2010
Posts: 23,530
Campfire Ranger
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Campfire Ranger
Joined: Jan 2010
Posts: 23,530 |
I look at it this way, the market goes tits up, its mad max in a year anyways.
won't matter if you lost 100K or $1m
have you paid your dues, can you moan the blues, can you bend them guitar strings
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Joined: Mar 2013
Posts: 27,091
Campfire Ranger
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Campfire Ranger
Joined: Mar 2013
Posts: 27,091 |
Sold everything today. Now i will watch and see what happens.
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Joined: Dec 2006
Posts: 4,109
Campfire Tracker
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Campfire Tracker
Joined: Dec 2006
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Investing in the stock market is considered high risk for a reason. I suppose this could be considered technically correct, but in reality the stock market is VOLATILE, but not risky IN THE LONG TERM. I sleep like a baby. The stocks I hold are up 27% over the last two years. The risk is in the upcoming recession and how much it will effect business. That's what I worry about. The market will bounce like a rubber ball like it always does. I guess the risk would be, from a retirement stand point. Getting caught in a downturn to close to retirement witch leaves no time to recover losses. I fully agree. HOWEVER, it is one of my pet peeves that people will put ALL their nest egg on the sidelines when they turn 60 "because they are close to retirement". That's poor advise. In my opinion, at most 10 years of living expenses should be invested "safely". The rest of the retirement fund should be invested aggressively to stay ahead of the inflation monster. In a typical scenario, the wife will live into her 90's. To park money in CD's from age 60 to age 90, 30 long years is financial malpractice. Take out what you need to live on for the upcoming years and keep it liquid (5 years, 10, whatever your risk tolerance is), and keep the rest of the money working as hard as it can. The ONLY way to fund a 40 year retirement is through compound interest at decent interest rates. You can't fund 40 years of retirement just from 40 years of work. CD ladders in 3, 4 or 5 year lengths, depending on the level risk you can accept should get people through down turns in the market. If you are close to retirement, keep your living expenses in CD ladders which insulate you from the volatility of the market and give your savings time to recover. I intend to run 3, possibly 4 years in the CD Ladders.
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Joined: May 2004
Posts: 2,816
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,816 |
What are you expecting to happen Did I miss something ? ? Sold everything today. Now i will watch and see what happens.
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Joined: Jan 2016
Posts: 95,521
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,521 |
You didn't fugging tell me................... Thanks? I put it onna Far.
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Dec 2006
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Campfire Tracker
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Campfire Tracker
Joined: Dec 2006
Posts: 4,109 |
Today was a good day for sure and the DOW is back over 25,000.
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Joined: Jan 2016
Posts: 95,521
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,521 |
TRH, what is he saying gold is going to do.
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
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Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,521 |
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. Yep. Sell when the Fed did what the Khazarian Mafia Rockefellers, Payseur, Bilderberg, Rothschilds, etc said to start running it down after they made a killing and buy when they said its gone down far enough and they start buying again.
Last edited by jaguartx; 01/30/19.
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,521
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,521 |
This so-called "downturn" is Propaganda Corps driven. Not market-driven. Not true. Mattress City and Sears going under, among others i cant remember, Target and Wally World in a bind, major autos in a bind,
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Jan 2016
Posts: 95,521
Campfire Oracle
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Campfire Oracle
Joined: Jan 2016
Posts: 95,521 |
Freaking fire bogging down and freezing up on any of you?
Ecc 10:2
The heart of the wise inclines to the right, but that of a fool to the left.
A Nation which leaves God behind is soon left behind.
"The Lord never asked anyone to be a tax collector, lowyer, or Redskins fan".
I Dindo Nuffin
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Joined: Dec 2003
Posts: 17,230
Campfire Ranger
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Campfire Ranger
Joined: Dec 2003
Posts: 17,230 |
Freaking fire bogging down and freezing up on any of you? Only when I type Khazarian Mafia. Coincidence? I think not!
...Actually Sycamore, you are sort of right....
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Joined: Dec 2010
Posts: 2,204
Campfire Regular
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Campfire Regular
Joined: Dec 2010
Posts: 2,204 |
Provided their isn't a major sell off tomorrow, the January barometer will end the month forecasting a positive year for stocks.
Plus, stocks tend to do best in the third and fourth year of a presidency.
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Joined: Dec 2007
Posts: 11,193
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2007
Posts: 11,193 |
Took notice the Dow is back over 26000
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