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Posted By: rickt300 Stock market in a nosedive - 01/13/22
https://www.marketwatch.com/
Not exactly a nose dive! Just a speed bump.
Nosedive?
Posted By: rem141r Re: Stock market in a nosedive - 01/13/22
hardly. nosedive was march 2020
Pretty steep starting at 2pm.
A buying opportunity is what I’d call it. Inflation isn’t going to allow the market to collapse right now in my opinion.
Posted By: Jeffrey Re: Stock market in a nosedive - 01/13/22
Supply chain interruptions might.
I'm not selling. Then again I don't get all twitchy when the market drops 0.49%.
Posted By: broomd Re: Stock market in a nosedive - 01/13/22
Nosedive? Dude?
After the fed spoke up about further restricting the availability of money into the marketplace.

THANK GOD I don't need any of the money in my retirement accounts until well after 45's second term (47).

Originally Posted by rickt300
Pretty steep starting at 2pm.
I remember it dropping over 20% in one day in 1987.

That was a nose dive.

The dot.com meltdown over months was another.

Whenever someone says or thinks it cannot happen again, they’re wrong.
Posted By: antlers Re: Stock market in a nosedive - 01/13/22
Originally Posted by jeffbird
I remember it dropping over 20% in one day in 1987. That was a nose dive. The dot.com meltdown over months was another. Whenever someone says or thinks it cannot happen again, they’re wrong.
It was way down in March of 2020 too.

The above instances have all been really good buying opportunities. As will be the instances when it happens again.
dropped a whopping 176.70 word of advice to the OP , don[t invest in stocks or mutual funds if your stomach is that weak.
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles.
Posted By: Clarkm Re: Stock market in a nosedive - 01/13/22
Money in big tech stock market
Up 20%/year compounded annually under Clinton, Bush 43, and Obama 1994-2016
Up 40%/ year compounded annually under Trump 2016-2020
Up 13%/ year compounded annually under Biden 2020-2021
So does this mean new cars will be selling below MSRP tomorrow?
Posted By: mwarren Re: Stock market in a nosedive - 01/13/22
Between the relentless issuance of new vaccine boosters, demand for gas, and demand for electricity especially as the new electric vehicles appear overnight in everyones driveway several sectors in the market will most likely keep a complete nosedive from happening....unless a new variant shuts things down. Just my opinion.
Posted By: 700LH Re: Stock market in a nosedive - 01/13/22
Dow closed down a whopping 0.49%
Posted By: tdbob Re: Stock market in a nosedive - 01/13/22
When Fed Reserve member Dr. Brainard stated there could be several hikes this year, stocks with nose-bleed valuations got whacked and accelerated their decline today.
Posted By: NoDak Re: Stock market in a nosedive - 01/13/22
Originally Posted by rickt300
Well Glad it means nothing. I gamble on Women, Whiskey and motorcycles.


Well the first 2 give you headaches and the last will make you walk.
😅
Posted By: UPhiker Re: Stock market in a nosedive - 01/13/22
Originally Posted by rickt300
Nosedive? Spoken by someone who knows nothing about investing. One day means nothing. It's all about the long term.
Posted By: memtb Re: Stock market in a nosedive - 01/13/22

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! 🤬 memtb
Originally Posted by rickt300
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. grin
Posted By: UPhiker Re: Stock market in a nosedive - 01/13/22
Originally Posted by memtb

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! 🤬 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.
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.
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
Posted By: callnum Re: Stock market in a nosedive - 01/13/22
Originally Posted by VarmintGuy
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 —don’t listen to goofy old guys when it comes to investments. Lots of money made last year and it will continue.
Posted By: callnum Re: Stock market in a nosedive - 01/13/22
Originally Posted by rockinbbar
Originally Posted by rickt300
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. grin



Bold prediction there Cotton.

Predicting the stock market will fall sometime is really going out on an edge.

LOL
Originally Posted by rockinbbar


I have faith it will crash and burn.

If I only knew "when", I'd be a rich man. grin



If I could predict 30 seconds into the future I'd be infinitely wealthy!
Originally Posted by rickt300
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.
Originally Posted by callnum
Originally Posted by rockinbbar
Originally Posted by rickt300
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. grin



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".
Posted By: callnum Re: Stock market in a nosedive - 01/14/22
Originally Posted by rockinbbar


It's a fact.... What goes up, must come down.

.



Holy crap what a statement. DA Davidson should hire you.
Jesus. Wake me at 28k. Right now it's just smoke and mirrors.
Posted By: EdM Re: Stock market in a nosedive - 01/14/22
Originally Posted by rickt300


Are you invested in the stock market?
Originally Posted by rickt300


Lol. 2008-2009 says hold my beer.
Posted By: Longbob Re: Stock market in a nosedive - 01/14/22
Originally Posted by rockinbbar
Originally Posted by callnum
Originally Posted by rockinbbar
Originally Posted by rickt300
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. grin



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".


Don’t know how long you plan on living, but I don’t see it going to zero within my lifetime.
Posted By: ribka Re: Stock market in a nosedive - 01/14/22
Originally Posted by callnum
Originally Posted by VarmintGuy
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 —don’t 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.
Posted By: EdM Re: Stock market in a nosedive - 01/14/22
Originally Posted by ribka
Originally Posted by callnum
Originally Posted by VarmintGuy
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 —don’t 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.
Posted By: pal Re: Stock market in a nosedive - 01/14/22
Originally Posted by rickt300
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.

Posted By: ihookem Re: Stock market in a nosedive - 01/14/22
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 .
Posted By: EdM Re: Stock market in a nosedive - 01/14/22
Originally Posted by rockinbbar
Originally Posted by callnum
Originally Posted by rockinbbar
Originally Posted by rickt300
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. grin



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".


I just don't sell and all has been good. Pure luck "timing" it.
Here's how to make a gazillion dollars in the stock market:

https://www.newsmax.com/politics/glenn-greenwald-pelosi-stock-deals/2021/07/18/id/1029058/
Posted By: callnum Re: Stock market in a nosedive - 01/14/22
Originally Posted by ribka
Originally Posted by callnum
Originally Posted by VarmintGuy
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 —don’t 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.


You know as much about the stock market as you do about hunting and driving in the snow. LOL

Stick to what you know chubby- eating cheese burgers.
Everyone knows you're a fat ginger.
Posted By: callnum Re: Stock market in a nosedive - 01/14/22
Originally Posted by Raferman
Everyone knows you're a fat ginger.


Ok boomer

LOL
How big is everyone's short position?

The Biden market is garbage, but even he can't completely kill it.

Yet anyway.
Posted By: ihookem Re: Stock market in a nosedive - 01/15/22
I have no short positions. I invest at the first of the fill my wifes and my ROTH ($14,000) and my SEP in March ($5,000). That is about all I can muster with a $50,000 yearly wage.

I'm seeing some of the super speculative stocks collapsing, like
Peloton: 126 -> 31
Zoom: 400 -> 159
Twilio: 400 -> 215
which makes me think the market top may be in place.

When the giant companies like Tesla, Apple, Amazon, Netflix, etc. start to collapse then the bear will bite....and the Fed will start buying stocks

Originally Posted by rem141r
hardly. nosedive was march 2020


I wish I would have been more ready for that one. I had my money mostly at Edward Jones and that's the wrong place to be to buy individual stocks. I found that out when I bought 1000 shares of royal Dutch shell and they charged me about $600 to do that one trade. By the time I opened a fidelity account and got ej to finally transfer some of my funds to it things were back up a ways so I hesitated waiting for the second dip in what I though would be a W.

I missed some opportunities that March. Everything I tried to buy was a fight with my EJ broker and I was hesitant to pay the huge trade fees. I've got my fidelity account ready for the next one but I'm worried the next one will be much worse and much longer term. My crystal ball pretty much sucks though.

Bb
Posted By: goalie Re: Stock market in a nosedive - 01/16/22
Timing the market?

Nah, I think I'll just keep buying. And assessing my risk tolerance as I approach retirement.
Remember the important things are Whiskey, Women and Motorcycles. Guns are just commodities.
Posted By: 1minute Re: Stock market in a nosedive - 01/16/22
My account gained $398.00 today. I'll take a dive like that anytime.
Looking sketchy again today.
Posted By: Raeford Re: Stock market in a nosedive - 01/18/22
Saw a blip that Goldman Sachs missed their earnings forecast.
Originally Posted by Raeford
Saw a blip that Goldman Sachs missed their earnings forecast.



Damn.


We should sent a card.
Originally Posted by Jim_Conrad
Originally Posted by Raeford
Saw a blip that Goldman Sachs missed their earnings forecast.



Damn.


We should sent a card.


Some poor broker isn't going to get a new pool this summer ... it's a travesty
Posted By: GeoW Re: Stock market in a nosedive - 01/18/22
For them that looks back while they're walking, the market is not a place to be.

g
Posted By: Raeford Re: Stock market in a nosedive - 01/18/22
Originally Posted by Jim_Conrad
Originally Posted by Raeford
Saw a blip that Goldman Sachs missed their earnings forecast.



Damn.


We should sent a card.


And Pears, don't forget the Pears
Anyone catch the Frozen Orange Juice Commodity's report?

Originally Posted by rem141r
hardly. nosedive was march 2020


Yes, March 2020 was a nosedive.
Investors who stayed the course have been rewarded.
You call it a nosedive, I call it a sale! I'm always buying.
Posted By: pullit Re: Stock market in a nosedive - 01/18/22
It is not a nose dive unless you are selling
Originally Posted by Poconojack

Originally Posted by rem141r
hardly. nosedive was march 2020


Yes, March 2020 was a nosedive.
Investors who stayed the course have been rewarded.

I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year




FJB..........
Posted By: 160user Re: Stock market in a nosedive - 01/19/22
Originally Posted by jaydub in wi
Originally Posted by Poconojack

Originally Posted by rem141r
hardly. nosedive was march 2020


Yes, March 2020 was a nosedive.
Investors who stayed the course have been rewarded.

I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year



Daddy always said "If you are going to be dumb then you need to be tough".
Originally Posted by 160user
Originally Posted by jaydub in wi
Originally Posted by Poconojack

Originally Posted by rem141r
hardly. nosedive was march 2020


Yes, March 2020 was a nosedive.
Investors who stayed the course have been rewarded.

I don't know if I told this story here. I had a co worker panic and sell all of his stock mutual funds in his 401k in March/April of 2020. He didn't buy back in until last summer. He won't say how much he lost. My account was -33% YTD at the bottom. I didn't sell and finished 2020 at +20%. If I use my numbers with his balance, he threw away 300k. It's going to be a rough year



Daddy always said "If you are going to be dumb then you need to be tough".

So very true. He's an arrogant lib who thinks he's smarter than everyone there. Stupid is as stupid does.
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