Howboutthemdawgs
5 year old buck +
I don’t disagree with the principle. I disagree with the method. It’s bombastic chaos.
Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
hunts_with_stick
5 year old buck +
I bought more nvda and pltr, they are on sale!
hunts_with_stick
5 year old buck +
I too have "lost" almost a years worth of salary.....
The “corrections” don’t usually occur during times of economic strength. Which we are currently in.
This is self imposed.
I am stuck. I’m not dumb enough to try to get out now, I will ride it out or at least my kids will benefit If I don’t get to enjoy my many years of disciplined investing.
This is self imposed.
I am stuck. I’m not dumb enough to try to get out now, I will ride it out or at least my kids will benefit If I don’t get to enjoy my many years of disciplined investing.
They are- I am optimistic that long term these will do well. I’m currently in a holding pattern, I was buying on the way down but started a little too early.
Howboutthemdawgs
5 year old buck +
Worst is yet to come. Listen to the cliffs of these earning calls. The ceos are very negative. Lulu beat on the top and bottom last night but their guidance was honest about the pain coming. They are tanking. Foreign markets were up for them but us was down. As you said self imposed. Next quarter reports will be a blood bath
My mom is a long term investor in her 80’s. She was smart about having enough for this years required distributions in cash but her savings are shrinking. Need things to turn around before next year though, having to sell right now would be brutal. She did sell timber last year which was really fortunate. Things will get rough for people like her even though she has low debt and pretty low expenses.
Feel bad for those who did the right thing all those years who have less understanding of how to make their nest egg last.
Foggy47
5 year old buck +
I'm getting closer to 80 now......and still riding with the stock market....and likely will stay invested with an allocation plan. Been through several pull-backs and free falls over the time I've been retired. Always have stayed the course....and feel that we came out on top when the dust settled. Gotta own companies that can bounce back when the economy gets stronger. Gonna keep doing it that way as long as I can.
This year is a little extra painful....as I gifted some sizable money to my grandkids to help them own homes....and that meant that I pulled some money out of the markets to do so. Thus, I now got a hefty gain on my taxes to show for it. Still....if my grandkids find an advantage and get ahead via a better home or their gaining in their worth....then the extra taxes are worth it for me. (I felt it was a good time to reduce my stocks late last fall...therefore the tax now.) However, pain is still pain....lol.
Sir, I appreciate your perspective! I’m not yet 60 and have no grandkids yet but we are going in to finish up our trust plan today so all this stuff has been on my mind a lot.
I do have a pension so I have always stayed fully invested because of that. My wife is retiring without a pension at the end of this summer and I think we can get by fine on my pension but we will have to be pretty careful where we spend our money. If I have to start cutting back on food plotting I’m REALLY going to be pissed, lol!!!
SD51555
5 year old buck +
There needs to be some destruction from time to time or nobody would ever win. The education bubble needs to burst. The housing bubble needs to burst. The healthcare bubble needs to burst. The corruption bubble needs to burst. The war bubble needs to burst.
If nothing bursts, prices just go up in perpetuity and we all get poorer by the day. Just war alone, we’d have to find new undesirables to eat $20 billion dollars in ordinance every month for the rest of time. The Middle East doesn’t have enough people to sustain that growth.
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If nothing bursts, prices just go up in perpetuity and we all get poorer by the day. Just war alone, we’d have to find new undesirables to eat $20 billion dollars in ordinance every month for the rest of time. The Middle East doesn’t have enough people to sustain that growth.
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BuckSutherland
5 year old buck +
With the market being down I am openly cheering for more pain. This puny little drawdown hasn't amounted to much. Lets send this sucker down so those of us with cash can do a bunch of buying. I'm not very concerned with the paper losses yet. Looks like the market is doing its job getting people scared.
Foggy47
5 year old buck +
Been on the receiving end of a few bubble bursts in the past. Went through some plant closures and resulting loss of jobs due to economic changes. Not easy. Lots of bobbing and weaving to stay afloat for me at a few points in time. But with enough effort we always seemed to land on our feet and ride the next wave.
Gotta be allot of gnashing of teeth in some of the government sectors that have been cut right now. I don't recall a time when the government employees were on the receiving end of any pain. I don't wish anyone pain.....but maybe they can empathize with the pipeline folks that lost their jobs as a result of the past admin.
The pain is supposed to happen when unexpected economic and world events cause negative affects on the economy.
When things are good you ride the wave.
The bad times will come on their own.
I don’t see the genius in flying a perfectly good airplane into the ground. But whatever. As long as it’s part of the “big plan” it’s just great.
When things are good you ride the wave.
The bad times will come on their own.
I don’t see the genius in flying a perfectly good airplane into the ground. But whatever. As long as it’s part of the “big plan” it’s just great.
hunts_with_stick
5 year old buck +
Lets stick to stocks and out of politics. Everyone has their own opinion
Howboutthemdawgs
5 year old buck +
What part of tariffs to stop a pinhead of fentanyl from Canada or on off on off on again maybe not as bad, tariff policy is necessary. Reciprocal tariffs and clear, well articulated (lol) policies would keep the train on the track.
bwoods11
5 year old buck +
Listening to Musk & the DOGE team was fascinating last night on Fox . He said they found a survey that was on National Parks. This was something you could put on Survey monkey for maybe $20,000 according to Musk .
The government was being charged $800 million for the survey ! Simply unbelievable. It’s a good watch, I think even Democrats would be impressed by this interview.
Brett Baier interview.
The government was being charged $800 million for the survey ! Simply unbelievable. It’s a good watch, I think even Democrats would be impressed by this interview.
Brett Baier interview.
Buckly
5 year old buck +
I don’t believe there is a specific time that pain comes about. Since when has it been written in stone that the markets and the economy be in sync. Lots of times they aren’t. The economy can be great and the markets tank and vice versa but, I think you’re smart enough about all this to know that. And obviously fretting about 2 months of down turn out of 30 plus years of retirement is kind of ridiculous but, again I think you know that. I go with history. History states the markets always go up over time.
Foggy47
5 year old buck +
I dont remember the exact specifics on people that sell off stocks to hold cash for a down market.....and then try to re-invest to catch the next move up. But.....it's extrodinarilly hard to do this and come out ahead of just a buy and hold strategy. If you miss like 3 days of the turn-around days.....you seldom could "come out ahead" of the buy and hold plan.
I know I have been whip-sawed on a few attempts to time such events. Just sayin'
Relax.....it's a long game (say's he with gritted teeth...grin).
Edit: A quick google provided this:
For example, analysis by JPMorgan found that missing just the 10 best days in the market over a 20-year period could reduce an investor’s total returns by more than 50%. Thus, while panic selling might provide temporary emotional relief, it often results in missing the very gains necessary to recover losses and grow wealth.
I know I have been whip-sawed on a few attempts to time such events. Just sayin'
Relax.....it's a long game (say's he with gritted teeth...grin).
Edit: A quick google provided this:
For example, analysis by JPMorgan found that missing just the 10 best days in the market over a 20-year period could reduce an investor’s total returns by more than 50%. Thus, while panic selling might provide temporary emotional relief, it often results in missing the very gains necessary to recover losses and grow wealth.
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