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Joined: Jul 2009
Posts: 14,076
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2009
Posts: 14,076 |
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. Okay
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Joined: Dec 2002
Posts: 25,852
Campfire Ranger
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Campfire Ranger
Joined: Dec 2002
Posts: 25,852 |
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? Those large investors and fund managers did so. Otherwise there would have been no recession. Just as they have been doing this last week.
People who choose to brew up their own storms bitch loudest about the rain.
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Joined: Feb 2009
Posts: 11,914
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
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Well it looks like cotton might be a good bet because the estimates on acreage planted this year is down at least 9-10% for total.
If it can make it past global warming it should be nice.
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Joined: Mar 2010
Posts: 3,778
Campfire Tracker
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Campfire Tracker
Joined: Mar 2010
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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. I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS. This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me.
Last edited by Paddler; 03/01/20.
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: Jan 2012
Posts: 26,469
Campfire Ranger
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Campfire Ranger
Joined: Jan 2012
Posts: 26,469 |
Monday morning should be tell us a lot. Looks like a possible sizable outbreak in Washington , so I expect a a$$ wippin is coming next week. Hmmmm.....The market seems to be speaking. It's just one day so who knows?
FJB & FJT
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Joined: Aug 2008
Posts: 1,953
Campfire Regular
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Campfire Regular
Joined: Aug 2008
Posts: 1,953 |
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. I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS. This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me. I've seen you post you where down 11% else where. If that equals $440K that means you would have over $4 million invested in stock market. Only an idiot wouldn't of had that better managed to lose that much with what has been going on in past month. An idiot or a keyboard liar. The amount of money that should have been made in the last three years compared to the disaster of the eight years preceding has made you a rich man thanks to Trump. Talk about biting the hand that feeds you. Wow.
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Joined: Apr 2017
Posts: 528
Campfire Regular
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Campfire Regular
Joined: Apr 2017
Posts: 528 |
I thought with certainty the market would be down today, I was clearly wrong.
Though I'm thinking dead cat bounce with the spike today.
I planned on buying VXUS and bought 8 shares today, I don't have enough international so it works out well it's near 52wk lows.
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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. "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. I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS. This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me. I've seen you post you where down 11% else where. If that equals $440K that means you would have over $4 million invested in stock market. Only an idiot wouldn't of had that better managed to lose that much with what has been going on in past month. An idiot or a keyboard liar. The amount of money that should have been made in the last three years compared to the disaster of the eight years preceding has made you a rich man thanks to Trump. Talk about biting the hand that feeds you. Wow. Trump is taking credit for Obama's economy. Trump never, ever has done anything remotely positive for anybody but himself. Can't, because he's too stupid. The stock market increases have maintained the trend established by the later years under Obama. The tax cuts have made a contribution, also, but at the cost of blowing up the deficit. I maintain a high percentage of my investments in index funds, and will for the foreseeable future. I'm okay with volatility, up 4% today. Doing just fine, thanks.
Last edited by Paddler; 03/02/20.
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: Aug 2008
Posts: 1,953
Campfire Regular
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Campfire Regular
Joined: Aug 2008
Posts: 1,953 |
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. I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS. This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me. I've seen you post you where down 11% else where. If that equals $440K that means you would have over $4 million invested in stock market. Only an idiot wouldn't of had that better managed to lose that much with what has been going on in past month. An idiot or a keyboard liar. The amount of money that should have been made in the last three years compared to the disaster of the eight years preceding has made you a rich man thanks to Trump. Talk about biting the hand that feeds you. Wow. Trump is taking credit for Obama's economy. Trump never, ever has done anything remotely positive for anybody but himself. Can't, because he's too stupid. The stock market increases have maintained the trend established by the later years under Obama. The tax cuts have made a contribution, also, but at the cost of blowing up the deficit. I maintain a high percentage of my investments in index funds, and will for the foreseeable future. I'm okay with volatility, up 4% today. Doing just fine, thanks. Obama "Unless he's got a magic wand, those jobs are never coming back." Well, I didn't see Trump waving a magic wand, but looks like the economy took off and the jobs are coming back, no thanks to Obama's positive Democratic take on things. Eight years and absolutely nothing done to improve life for the average working man during eight years under Obama's Democratic reign.
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Joined: Oct 2012
Posts: 7,615
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,615 |
Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit.
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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. "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. I didn't call poor Jim fat. I just asked him if he was morbidly obese, which is the medical term for a BMI>40, or just regular obese, BMI>30. He has to be one or the other, given that he's a fat, stupid POS. This Covid 19 will be interesting to watch, especially with Pence in charge. I feel so much better. I'm down about $440 K since 2/17, can't wait for tomorrow. What, me worry? Pence will save me. I've seen you post you where down 11% else where. If that equals $440K that means you would have over $4 million invested in stock market. Only an idiot wouldn't of had that better managed to lose that much with what has been going on in past month. An idiot or a keyboard liar. The amount of money that should have been made in the last three years compared to the disaster of the eight years preceding has made you a rich man thanks to Trump. Talk about biting the hand that feeds you. Wow. Trump is taking credit for Obama's economy. Trump never, ever has done anything remotely positive for anybody but himself. Can't, because he's too stupid. The stock market increases have maintained the trend established by the later years under Obama. The tax cuts have made a contribution, also, but at the cost of blowing up the deficit. I maintain a high percentage of my investments in index funds, and will for the foreseeable future. I'm okay with volatility, up 4% today. Doing just fine, thanks. Obama "Unless he's got a magic wand, those jobs are never coming back." Well, I didn't see Trump waving a magic wand, but looks like the economy took off and the jobs are coming back, no thanks to Obama's positive Democratic take on things. Eight years and absolutely nothing done to improve life for the average working man during eight years under Obama's Democratic reign. Wrong.
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: 3,778
Campfire Tracker
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Campfire Tracker
Joined: Mar 2010
Posts: 3,778 |
Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit. You're right. That was a rough estimate, the total is a fair amount more. Just didn't want to make y'all feel bad. But I will point out that my success is because I base my decisions on facts and good information. I don't listen to Fox, Hannity, Rush (may he RIP), as doing so is bad for your physical, mental and financial health. Remember, Rush is the one that denied a link between smoking and cancer. Joke's on him, especially since the link was proven in the 1950's.
Last edited by Paddler; 03/03/20.
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: 24,128
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,128 |
Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit. No one doubts that. He is a lying Russian troll.
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Joined: May 2016
Posts: 60,286
Campfire Kahuna
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Campfire Kahuna
Joined: May 2016
Posts: 60,286 |
Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit. No one doubts that. He is a lying Russian troll. This Paddler broad is probably married to a Nigerian prince.
I am MAGA.
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Joined: Dec 2008
Posts: 8,298
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,298 |
Paddler, nobody as fuqking dumb as you has 4 million in the stock market, you lying sack of sheit. No one doubts that. He is a lying Russian troll. This Paddler broad is probably married to a Nigerian prince. Are you assuming her gender  It looks like yesterday's rally was a dead cat bounce ... meow . Hang on to your hats.
"Life is tough, even tougher if your stupid"
John Wayne
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