Stock Market is the bottom in?

[Brian662]

71 million people have 401k's in this country. Anyone know what the average monthly contributions are? There's got to be at least $10 Billion a month going into the market just from 401k's. How can there be a crash with that much going in on the regular?

The market lost 2 trillion in valuation on Thursday alone.

 

[OakSeeds]

From investopedia ... with catch-up provisions, older Americans can salt away a pretty substantial sum; however, it wasn't always that generous. Those 55 and up probably show the results of peak earning years and and, an increased willingness to save as they begin to contemplate retirement. If any of those were my numbers, I wouldn't retire. I suppose we all can better understand why/how the last 3-4 weeks and, especially the last 2 days, have terrified some older Americans who have questionable financial security.

Age Group Average (Mean) Retirement Account Balance Median Retirement Account Balance Under 35 $49,130 $18,880 35-44 $141,520 $45,000 45-54 $313,220 $115,000 55-64 $537,560 $185,000 65-74 $609,230 15.53 Mil Americans $200,000 75 and up $462,410 23.54 Mil Americans $130,000

According to STATISTIA ... The largest age cohort in the U.S. includes folks 30-34 (23.52M in this 5-year age group), while those who are 65+ represent (41.07 Million Americans or around 12+ % of the population). Only 12.15M Americans are 80+ years old.

 

[Barndog56]

The market lost 2 trillion in valuation on Thursday alone.

Ok then, that's a crazy amount.

 

[4wanderingeyes]

If history repeats itself, the market will recover in less than a year or 2. Which for anyone that is more then a few years from retirement, this is a great time to buy, with expectations for huge profit in the next 3-5 years. But for those that need to pull money out in the next couple years, it will be painful. But if you are within a couple years to retirement, you shouldn’t have been heavily invested in the market anyhow. If you are investing $1000 per month now, it buys you a lot more stocks than it did a week ago.

I am in my mid 50’s, and I am sure this won’t be the last market drop I will see before I retire. I am not panicking, a market correction now for my age, will probably be a blessing.

 

[Howboutthemdawgs]

Down 1500 premarket

 

[RGrizzzz]

Another question.

If tariffs placed by Trump will raise the cost of products, be paid by the end consumer, and cause inflation, then why do these other countries raise tariffs on us in return? Won't that just raise prices on them, and cause inflation in their country?

It's about attempting to balance trade. When a country puts tariffs on foreign goods, generally it's trying to encourage its citizens to buy domestic products. That hurts foreign companies/countries, so they retaliate.

But you get the gist, it's not good for consumers, as costs go up .

 

[bwoods11]

If history repeats itself, the market will recover in less than a year or 2. Which for anyone that is more then a few years from retirement, this is a great time to buy, with expectations for huge profit in the next 3-5 years. But for those that need to pull money out in the next couple years, it will be painful. But if you are within a couple years to retirement, you shouldn’t have been heavily invested in the market anyhow. If you are investing $1000 per month now, it buys you a lot more stocks than it did a week ago.

I am in my mid 50’s, and I am sure this won’t be the last market drop I will see before I retire. I am not panicking, a market correction now for my age, will probably be a blessing.

Yes, for dollar cost averaging it’s an excellent time. I hope the market doesn’t go much lower, but probably will.

It’s panic selling, and that can reverse very fast. When all assets sell off (stocks, commodities /gold, oil) we usually get capitulation and buyers start to show up !

 

[SD51555]

Yes, for dollar cost averaging it’s an excellent time. I hope the market doesn’t go much lower, but probably will.

It’s panic selling, and that can reverse very fast. When all assets sell off (stocks, commodities /gold, oil) we usually get capitulation and buyers start to show up !

Day 3 usually includes margin calls and the stops blow out because of it. I don’t know if I have the stones to buy a ton of them expensive calls to try to time the whiplash upward.

The numbers are misleading. We’ve had a piss pile of inflation since the last stocks tumble. 1500 isn’t a crash anymore. It’s 4%.


Sent from my iPhone using Tapatalk

 

[Bill]

Don't know why everyone is mad at the U.S. They (other countries) are the ones that imposed the tariffs on us. We just finally said enough is enough. If it was an ex-wife getting cut off no one would bitch....except the ex-wife. Wait, that's what's happening.
2 days, even 2 months isn't any indication of the stock market.

And like SD said 1500 isn't squat these days. When the DOW was 18,000 it was something. I guess it depends on your stomach. I lost 50% in the 08 because the banking queen decided people with no way to pay should get mortgages and the banks decided to dump the government mandated bad debt.

 

[Bill]

Oh I should add. It all came back because I didn't panic..

 

[Brian662]

It'll eventually come back, but this is certainly somewhat historic.

 

[OakSeeds]

I'd be pretty cautious at this point ... definitely wouldn't do anything until after Wednesday (4-9) even if there is a little bounce back on Monday or Tuesday. Folks, we're in uncharted waters with the possibility of a full blown tariff war. Y'all may have bigger gonads than me and I'm pretty risk willing when things are more normal (whatever that is).
For example it's not inconceivable that a darling of 2024 - Palantir - could be trading between 50-60 per share by Thursday or Friday. If one recently bought it at 100 (at that point it was down 20% from 2025 high) as a dip'n'flip opportunity, you have lost 25% at 75 per share. If it hits 50, as some analyst believe it might, it would have to double to get you back to your original purchase price.
Earlier, I believe someone on this thread ask, "Did the matador kill the bull?" Certainly for the tech stocks! Let's hope the bull merely limped over to the side of the ring in order to come roaring back at some point in the near future (within a year).

 

[SD51555]

Don't know why everyone is mad at the U.S. They (other countries) are the ones that imposed the tariffs on us. We just finally said enough is enough. If it was an ex-wife getting cut off no one would bitch....except the ex-wife. Wait, that's what's happening.
2 days, even 2 months isn't any indication of the stock market.

And like SD said 1500 isn't squat these days. When the DOW was 18,000 it was something. I guess it depends on your stomach. I lost 50% in the 08 because the banking queen decided people with no way to pay should get mortgages and the banks decided to dump the government mandated bad debt.

I remember when that song came out.

 

[Angus 1895]

CNN reported we now have a 10% tariff on some islands inhabited by penguins.

Why is maga anti penguin .?

Chilly Willy must be bummed

 

[Buckly]

You have to listen to real news to find the answer. If you can’t I’ll be glad to answer.