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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
Why is market volatility even a thing for anyone? If downs and ups scare you, then you shouldn't be in stocks. Invest in good companies and hold for the long-term. Profit is guaranteed. We're still probably twice as far ahead as we would be if Hillary had gotten elected. Why worry?
Why do you have to be scared to pull your money out downturns are opportunities too. You can increase buying power significantly in times like these. Money sitting on the sidelines during times like these is just as if not more valuable than money in the market during good times. Buy low sell high is the game. Letting it ride is a good way to get a 7-10% annual return over long term. However that comes with a ceiling. You are considering yourself a better market timer than millions of other people out there, including professionals who do it for a living with the greatest technology on the planet. No one beats the market over time other than blind luck. Get in touch with Gamblers Anonymous.
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Joined: Sep 2003
Posts: 23,521 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,521 Likes: 15 |
So what you are saying is that the people who bought near the bottom in 2009 are no better off then than who bought at 12-18k, rode it down, and back up again? You don’t have to find the exact bottom but you can sure get in the ballpark.
I know plenty of people who are rather good at buy low, sell high. When I feel things are near the bottom I will pick up 10k worth of vti for the long term. I just bought some investment property that I need to renovate so I will be a bit cash poor for this opportunity.
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Joined: Sep 2011
Posts: 61,175 Likes: 25
Campfire Kahuna
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OP
Campfire Kahuna
Joined: Sep 2011
Posts: 61,175 Likes: 25 |
They say, It's an ill wind that blows no one good.
These premises insured by a Sheltie in Training ,--- and Cooey.o "May the Good Lord take a likin' to you"
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Joined: Oct 2012
Posts: 7,630 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,630 Likes: 3 |
Pretty funny that Trump initially blamed the selloff on the Democratic debate. Now Donnie Jr is saying on Fox that the Dems are hoping that the virus comes here and kills millions of people so we can get rid of Trump. Sorry, that's just weird. Now that Pence is "in charge" I feel a whole lot better.
I don't know where the bottom is. The virus seems to be on the upswing, so I expect the markets will continue to fall in the near term. We're down about 11% so far on our investments, but luckily have enough in checking to live comfortably for several years. Being debt free is nice. You'd probably bounce a 20 dollar check.
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Joined: Mar 2010
Posts: 3,778
Campfire Tracker
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Campfire Tracker
Joined: Mar 2010
Posts: 3,778 |
Pretty funny that Trump initially blamed the selloff on the Democratic debate. Now Donnie Jr is saying on Fox that the Dems are hoping that the virus comes here and kills millions of people so we can get rid of Trump. Sorry, that's just weird. Now that Pence is "in charge" I feel a whole lot better.
I don't know where the bottom is. The virus seems to be on the upswing, so I expect the markets will continue to fall in the near term. We're down about 11% so far on our investments, but luckily have enough in checking to live comfortably for several years. Being debt free is nice. You'd probably bounce a 20 dollar check. Uh oh, you got me. My wife writes the checks around here. Guessing you're a dumbass cracker, which means you're a Trumper. Good luck with that.
The true hunter counts his achievement in proportion to the effort involved and the fairness of the sport. Saxton Pope
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Joined: May 2016
Posts: 60,705 Likes: 42
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,705 Likes: 42 |
Oh, honey.
Your hair looks fine...........
I am MAGA.
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Joined: Mar 2010
Posts: 3,778
Campfire Tracker
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Campfire Tracker
Joined: Mar 2010
Posts: 3,778 |
Oh, honey.
Your hair looks fine........... And yours looks like sh*t. Just like the rest of you. Are you morbidly obese or just plain obese?
The true hunter counts his achievement in proportion to the effort involved and the fairness of the sport. Saxton Pope
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Joined: Mar 2010
Posts: 24,315 Likes: 14
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,315 Likes: 14 |
Pretty funny that Trump initially blamed the selloff on the Democratic debate. Now Donnie Jr is saying on Fox that the Dems are hoping that the virus comes here and kills millions of people so we can get rid of Trump. Sorry, that's just weird. Now that Pence is "in charge" I feel a whole lot better.
I don't know where the bottom is. The virus seems to be on the upswing, so I expect the markets will continue to fall in the near term. We're down about 11% so far on our investments, but luckily have enough in checking to live comfortably for several years. Being debt free is nice. You'd probably bounce a 20 dollar check. Uh oh, you got me. My wife writes the checks around here. Guessing you're a dumbass cracker, which means you're a Trumper. Good luck with that. "wife'? ha ha. Does your tranny know you call him that? Guarantee you play the"bottom bish" in that relationship Id pay a $100 to see Piddles call Jim fat to his face.
Last edited by ribka; 03/01/20.
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Joined: Jan 2005
Posts: 12,359
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2005
Posts: 12,359 |
Monday morning should be tell us a lot. Matthew 6:33, still works for me Richard,
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Joined: Jun 2006
Posts: 13,401
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2006
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Put all of my 401k in fixed income early last week. Still lost $60k. I’ll jump back in after a) the virus runs through the US or b) a vaccine is found. I don’t think the market will stop falling until then.
“There are some who can live without wild things and some who cannot.” ALDO LEOPOLD
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Joined: Dec 2015
Posts: 8,327 Likes: 1
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2015
Posts: 8,327 Likes: 1 |
Remember when Bill Clinton and the liberals wanted free trade well that`s why the stock market is a mess now. President Trump will fix it in time and it will come back . hopefully America has learned its lesson with free trade ? > it should be always equal trade or even a little advantage to Americans ?
LIFE NRA , we vote Red up here, Norseman
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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
So what you are saying is that the people who bought near the bottom in 2009 are no better off then than who bought at 12-18k, rode it down, and back up again? You don’t have to find the exact bottom but you can sure get in the ballpark.
I know plenty of people who are rather good at buy low, sell high. When I feel things are near the bottom I will pick up 10k worth of vti for the long term. I just bought some investment property that I need to renovate so I will be a bit cash poor for this opportunity.
So you have been holding 10k on the sideline somewhere doing nothing for how long? It is not statistically possible to beat the market average over time among a broad swath of people. In order to "buy at the bottom" means that one was holding cash on the sidelines somehow, and rarely does cash gain in value while parked. So by holding out for awhile, the investor lost their chance to buy MORE shares and ride them HIGHER, then able to hold on and ride down and back out again. It's just math. Unless you're better than all the other people on average over time, but alas that's called narcissism, a most common trait among gamblers.
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Joined: Dec 2008
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Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,328 Likes: 1 |
Oh, honey.
Your hair looks fine........... And yours looks like sh*t. Just like the rest of you. Are you morbidly obese or just plain obese? I’m sure you prefer skinny little boys, but Jim’s what real man looks like.
"Life is tough, even tougher if your stupid" John Wayne
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Joined: May 2016
Posts: 60,705 Likes: 42
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,705 Likes: 42 |
Her old man musta turned her out again eh Stormin?
I am MAGA.
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Joined: Dec 2005
Posts: 3,172
Campfire Tracker
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Campfire Tracker
Joined: Dec 2005
Posts: 3,172 |
Her old man musta turned her out again eh Stormin? It’s pretty much a guarantee that you post something on every thread which makes little sense and lacks substance. You will be to 30k posts in no time, nice.
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Joined: May 2016
Posts: 60,705 Likes: 42
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,705 Likes: 42 |
Thanks for the encouragement. Its tough to stay motivated sometimes.
I am MAGA.
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Joined: Dec 2002
Posts: 26,018 Likes: 10
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 26,018 Likes: 10 |
So you have been holding 10k on the sideline somewhere doing nothing for how long?
It is not statistically possible to beat the market average over time among a broad swath of people. In order to "buy at the bottom" means that one was holding cash on the sidelines somehow, and rarely does cash gain in value while parked. So by holding out for awhile, the investor lost their chance to buy MORE shares and ride them HIGHER, then able to hold on and ride down and back out again.
It's just math. Unless you're better than all the other people on average over time, but alas that's called narcissism, a most common trait among gamblers.
It apparently is not difficult to be better than the average of MOST other people over time. I sure as hell am no gambler. I refuse to even buy a lottery ticket. The state takes a cut of every dollar that crosses the table. I wish I had known twenty years ago what I know now. But I was not knowledgeable enough to recognize the bubble of 2000-2001. I was young and just getting started with my 401 K. I had $60K in Putnam funds. I sat on the sidelines and watched it dwindle to $15K. I kept thinking "It'll come back. It'll come back". And it almost did by mid 2007. 2007 started looking like a bubble to me again, so I moved my funds (Prudential now) into stable value, where they sat safely through 2008 while my friends were crying about losing $thousands and $tens of thousands through the months. Did I pick the highest moment in history to sell? Probably not. But I did not miss it by much. Did I buy back into stocks at the absolute minimum in early 2009. No, but again, I did not miss it by much. The bottom line is: Do I have more money in my accounts today because I recognized the signs of unsustainable growth and reacted to them? Absolutely. Once again it has been easy to recognize the signs of unsustainable growth over the last year. A correction had to be coming. All it needed was a trigger. Economic slowdown in China is a hell of a trigger. It did not take an Albert Einstein to know it was time to sell stocks by Feb 15 of '20. Yes, I missed the peak by 2%. I should have put in the sell order for Friday instead of Monday the 24'th. But I sure as heck am not complaining. I will have a lot more cash with which to repurchase stocks in Nov, than if I had just "let it ride". This is not gambling. This is just common sense.
People who choose to brew up their own storms bitch loudest about the rain.
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Joined: Feb 2011
Posts: 5,856
Campfire Tracker
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Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
Remember when Bill Clinton and the liberals wanted free trade well that`s why the stock market is a mess now. President Trump will fix it in time and it will come back . hopefully America has learned its lesson with free trade ? > it should be always equal trade or even a little advantage to Americans ? Yeah, okay... How much do you have invested in the market?
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Joined: Jan 2005
Posts: 22,884
Campfire Ranger
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Campfire Ranger
Joined: Jan 2005
Posts: 22,884 |
So you have been holding 10k on the sideline somewhere doing nothing for how long?
It is not statistically possible to beat the market average over time among a broad swath of people. In order to "buy at the bottom" means that one was holding cash on the sidelines somehow, and rarely does cash gain in value while parked. So by holding out for awhile, the investor lost their chance to buy MORE shares and ride them HIGHER, then able to hold on and ride down and back out again.
It's just math. Unless you're better than all the other people on average over time, but alas that's called narcissism, a most common trait among gamblers.
It apparently is not difficult to be better than the average of MOST other people over time. I sure as hell am no gambler. I refuse to even buy a lottery ticket. The state takes a cut of every dollar that crosses the table. I wish I had known twenty years ago what I know now. But I was not knowledgeable enough to recognize the bubble of 2000-2001. I was young and just getting started with my 401 K. I had $60K in Putnam funds. I sat on the sidelines and watched it dwindle to $15K. I kept thinking "It'll come back. It'll come back". And it almost did by mid 2007. 2007 started looking like a bubble to me again, so I moved my funds (Prudential now) into stable value, where they sat safely through 2008 while my friends were crying about losing $thousands and $tens of thousands through the months. Did I pick the highest moment in history to sell? Probably not. But I did not miss it by much. Did I buy back into stocks at the absolute minimum in early 2009. No, but again, I did not miss it by much. The bottom line is: Do I have more money in my accounts today because I recognized the signs of unsustainable growth and reacted to them? Absolutely. Once again it has been easy to recognize the signs of unsustainable growth over the last year. A correction had to be coming. All it needed was a trigger. Economic slowdown in China is a hell of a trigger. It did not take an Albert Einstein to know it was time to sell stocks by Feb 15 of '20. Yes, I missed the peak by 2%. I should have put in the sell order for Friday instead of Monday the 24'th. But I sure as heck am not complaining. I will have a lot more cash with which to repurchase stocks in Nov, than if I had just "let it ride". This is not gambling. This is just common sense. Why wouldn't every other person be doing close to the same then? Especially large investors and stock fund managers? You're not seeing the forest for the trees. Did you ever think that maybe you just got lucky in timing 2007 rather than it being "uncommon" sense?
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Joined: Sep 2003
Posts: 23,521 Likes: 15
Campfire Ranger
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Campfire Ranger
Joined: Sep 2003
Posts: 23,521 Likes: 15 |
I have done fairly well in life by tuning out the “can’t time the market” crap. Buying low and selling high has worked fine for the market, real estate, and fishing assets. Keeping money tied up “waiting” has zero appeal to me. Way to many opportunities. So what you are saying is that the people who bought near the bottom in 2009 are no better off then than who bought at 12-18k, rode it down, and back up again? You don’t have to find the exact bottom but you can sure get in the ballpark.
I know plenty of people who are rather good at buy low, sell high. When I feel things are near the bottom I will pick up 10k worth of vti for the long term. I just bought some investment property that I need to renovate so I will be a bit cash poor for this opportunity.
So you have been holding 10k on the sideline somewhere doing nothing for how long? It is not statistically possible to beat the market average over time among a broad swath of people. In order to "buy at the bottom" means that one was holding cash on the sidelines somehow, and rarely does cash gain in value while parked. So by holding out for awhile, the investor lost their chance to buy MORE shares and ride them HIGHER, then able to hold on and ride down and back out again. It's just math. Unless you're better than all the other people on average over time, but alas that's called narcissism, a most common trait among gamblers.
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