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Joined: Feb 2011
Posts: 5,856
Campfire Tracker
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Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
Nosedive? Spoken by someone who knows nothing about investing. One day means nothing. It's all about the long term.
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Joined: Jan 2001
Posts: 10,914
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2001
Posts: 10,914 |
Made my annual withdrawal last Thursday......one day too late. The market took a dump that day! My loses were equal to a fair percentage of what I withdrew! My timing is exquisite! š¤¬ memtb
You should not use a rifle that will kill an animal when everything goes right; you should use one that will do the job when everything goes wrong." -Bob Hagel
āIād like to be a good riflemanā¦..but, I prefer to be a good hunterā! memtb 2024
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Joined: Aug 2004
Posts: 69,600
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,600 |
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles. I have faith it will crash and burn. If I only knew "when", I'd be a rich man. 
MolÉĢĖn LabĆ© SkĆ½la!
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Joined: Feb 2011
Posts: 5,856
Campfire Tracker
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Campfire Tracker
Joined: Feb 2011
Posts: 5,856 |
Made my annual withdrawal last Thursday......one day too late. The market took a dump that day! My loses were equal to a fair percentage of what I withdrew! My timing is exquisite! š¤¬ memtb
You may want to do what we do. We take monthly or quarterly withdrawals. It's sort of the same as dollar cost averaging, except in reverse.
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Joined: Aug 2005
Posts: 10,724
Campfire Outfitter
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Campfire Outfitter
Joined: Aug 2005
Posts: 10,724 |
Buy Buy Buy, Sell Sell Sell - great advice given by Rodney Dangerfield in Caddyshack.
Still have 10+ years before I'll need what I have invested in the market so I'm still buying. Dollar cost averaging has been working well for 30 years now.
A true sportsman counts his achievements in proportion to the effort involved and fairness of the sport. - S. Pope
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Joined: May 2003
Posts: 23,024
Campfire Ranger
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Campfire Ranger
Joined: May 2003
Posts: 23,024 |
Rick300: Some free advice to save your stress-out capacity>.
Don't invest in the stock market in any way shape or form.
Carefully shop for and buy "good deals" on real estate and rental properties.
The tax advantages are wonderful and your money will be safer and shielded from demonerats better.
I looked up the DOW (something I never do anymore) and it was not even a blip down, not even a burp down, not even a "tick" down - WTF?
Me thinks thou doth worry to much.
The ONLY people that do consistently well in the "stock market" over the long run are insider traders and politicians
Hold into the wind
VarmintGuy
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Joined: Nov 2011
Posts: 2,594
Campfire Regular
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Campfire Regular
Joined: Nov 2011
Posts: 2,594 |
Rick300: Some free advice to save your stress-out capacity>.
Don't invest in the stock market in any way shape or form.
Hold into the wind
VarmintGuy Rick300 (three hundred!) some free advice ādonāt listen to goofy old guys when it comes to investments. Lots of money made last year and it will continue.
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Joined: Nov 2011
Posts: 2,594
Campfire Regular
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Campfire Regular
Joined: Nov 2011
Posts: 2,594 |
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles. I have faith it will crash and burn. If I only knew "when", I'd be a rich man. Bold prediction there Cotton. Predicting the stock market will fall sometime is really going out on an edge. LOL
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Joined: Feb 2010
Posts: 3,842
Campfire Tracker
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Campfire Tracker
Joined: Feb 2010
Posts: 3,842 |
I have faith it will crash and burn. If I only knew "when", I'd be a rich man. If I could predict 30 seconds into the future I'd be infinitely wealthy!
Quando omni flunkus moritati
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Joined: Feb 2013
Posts: 21,722
Campfire Ranger
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Campfire Ranger
Joined: Feb 2013
Posts: 21,722 |
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles. Actually I agree with you on the market... we are in a world of trouble this time. I see no means/mechanics by which this market does not continue to get worse and worse.
If you are not actively engaging EVERY enemy you encounter... you are allowing another to fight for you... and that is cowardice... plain and simple.
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Joined: Aug 2004
Posts: 69,600
Campfire Kahuna
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Campfire Kahuna
Joined: Aug 2004
Posts: 69,600 |
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles. I have faith it will crash and burn. If I only knew "when", I'd be a rich man. Bold prediction there Cotton. Predicting the stock market will fall sometime is really going out on an edge. LOL It's not a prediction. It's a fact.... What goes up, must come down. The only question is "when"... Why don't you jump out on a limb and tell us all "when".
MolÉĢĖn LabĆ© SkĆ½la!
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Joined: Nov 2011
Posts: 2,594
Campfire Regular
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Campfire Regular
Joined: Nov 2011
Posts: 2,594 |
It's a fact.... What goes up, must come down.
.
Holy crap what a statement. DA Davidson should hire you.
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Joined: Apr 2018
Posts: 39
Campfire Greenhorn
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Campfire Greenhorn
Joined: Apr 2018
Posts: 39 |
Jesus. Wake me at 28k. Right now it's just smoke and mirrors.
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Joined: Nov 2002
Posts: 33,688
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,688 |
Are you invested in the stock market?
Conduct is the best proof of character.
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Joined: May 2004
Posts: 2,816
Campfire Regular
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Campfire Regular
Joined: May 2004
Posts: 2,816 |
Lol. 2008-2009 says hold my beer.
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Joined: Oct 2002
Posts: 9,996
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2002
Posts: 9,996 |
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles. I have faith it will crash and burn. If I only knew "when", I'd be a rich man. Bold prediction there Cotton. Predicting the stock market will fall sometime is really going out on an edge. LOL It's not a prediction. It's a fact.... What goes up, must come down. The only question is "when"... Why don't you jump out on a limb and tell us all "when". Donāt know how long you plan on living, but I donāt see it going to zero within my lifetime.
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Joined: Mar 2010
Posts: 24,136
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,136 |
Rick300: Some free advice to save your stress-out capacity>.
Don't invest in the stock market in any way shape or form.
Hold into the wind
VarmintGuy Rick300 (three hundred!) some free advice ādonāt listen to goofy old guys when it comes to investments. Lots of money made last year and it will continue. A monkey made 20 per cent plus returns last year. Typical that a newby investor thinks this is average stock market return. Get back end of December and post your 2022 returns. lol This market hasn't even hit volatility yet.
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Joined: Nov 2002
Posts: 33,688
Campfire 'Bwana
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Campfire 'Bwana
Joined: Nov 2002
Posts: 33,688 |
Rick300: Some free advice to save your stress-out capacity>.
Don't invest in the stock market in any way shape or form.
Hold into the wind
VarmintGuy Rick300 (three hundred!) some free advice ādonāt listen to goofy old guys when it comes to investments. Lots of money made last year and it will continue. A monkey made 20 per cent plus returns last year. Typical that a newby investor thinks this is average stock market return. Get back end of December and post your 2022 returns. lol This market hasn't even hit volatility yet. Bingo.
Conduct is the best proof of character.
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Joined: Jul 2011
Posts: 11,032
Campfire Outfitter
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Campfire Outfitter
Joined: Jul 2011
Posts: 11,032 |
Stock market in a nosedive The market is near all-time highs and you call it in a nosedive? About the dumbest post/thread I've seen here on the fire.
Last edited by pal; 01/13/22.
"There's more to optics than meets the eye."--anon
"...most of us would be better off losing half a pound around the waist than half a pound on our rifle."--dhg
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Joined: May 2004
Posts: 5,194
Campfire Tracker
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Campfire Tracker
Joined: May 2004
Posts: 5,194 |
The DOW is hardly down cause it has more conservative stocks. The Nasdaq is not taking a nose dive but it slammed on the brakes. Down 5.07% so far this year . . High dividend ETF's like SPYD are up 4.6% so far this year. I am up about 4% this year so far. Today the total stock market lost 1.4%, I lost .16% cause I have almost all high dividend stocks .
But the fruits of the spirit is love, joy, peace, patience, kindness, goodness,faithfulness, Gentleness and self control. Against such things there is no law. Galations 5: 22&23
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