- Joined
- Jun 23, 2003
- Messages
- 15,455
- Reaction score
- 6,725
Another 500 of the DJI. Yeesh.
Donald J. TrumpVerified account @realDonaldTrump
The only problem our economy has is the Fed. They don’t have a feel for the Market, they don’t understand necessary Trade Wars or Strong Dollars or even Democrat Shutdowns over Borders. The Fed is like a powerful golfer who can’t score because he has no touch - he can’t putt!
Today's the day my biweekly Roth IRA buy goes through, so I got that going for me, lol.
We are in full on bear market now.
I wondered how I would take my first major correction. A lot better than I thought. I'm not panicking at all. In fact, I just want to buy the discount.
Earlier this year in July I converted my TSP to 80% cash when the SP was around 2800. I saw the resistance was around 2800 as it dipped in this range in Feb, March, and June. Once it got back to 2800 in July I converted to 80% cash. This past friday when it fell 18% from ATH, I converted some back to common stock and small cap stock. So right now, I'm 40% cash, 30% common stock, 15% small cap, 15% international. If the SP falls <2200, I'll be 50% common stock, 30% small cap, 20% international.
I'll see how it goes.
Why do you seem so happy it keeps going down?
I'm happy because this is aligning perfectly with my retirement. You? No idea.
Brace for a sudden, sharp rally for the S&P 500 in 2019, says strategist David Bianco
This bull market isn't over yet.
Don't miss out
Because I didn’t get greedy. I was right about the market and it has saved me a lot of money.
Yeah right..it was just a few days ago when you wanted the market to rally. Now you are happy it didn’t? Give me a break
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You keep saying you made the right call but don't explain what you did. How much money did you move? Don't be calling me out if you aren't going to explain yourself. You guys all do that but when someone asks you, nothing.
Obviously I'd rather we continue going up but my retirement is perfectly aligning with a new bull market.
You don’t know how to search?
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The first rule of investing is not to lose money. Second rule is to read the first rule.
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That doesn't answer anything. So you moved money or added new money? What about the other million or so?
Who doesn't have at least some money in real estate, gold, etc?
I also like how my 200k trading account is nothing but 165k is a lot apparently.
You are just a big talker. I thought you had more than 200 k! It is probably 160 k now.
Didn’t you brag about being a multimillionaire? Down 40 k for someone like you is nothing!
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What part of trading account don't you understand? Don't come here acting like you know what you're doing if it's only 160k. Why didn't you move everything if you knew you were sure?
That has nothing to do with 401k, ira, index funds etc. That's where my millions are at. I've been a pharmacist for 18 years, you do the math. My wife and my 401k alone has combined over a million.
Would you two just kiss already?!
Hey if someone is going to constantly call people out they better be able to take it themselves.
There's a reason why I don't post any stocks on here anymore, everyone only looks at your misses
You gotta start somewhere. With dual income rph household, you gonna catch up to me quick. I'm down my whole year salary from our peak. So, NW took a dip below 2M. It's still 30 yr til I turn 65. A blip of my investment period. Come at me, bear market :-D I still have $200k abroad safely tuck in Indonesia earning 10%; I wanna put that to work if we go down 30-40%.You guys make me feel poor. I was down over 9k on Monday, after today down 7k. I only had 65k invested in taxable acct.
You gotta start somewhere. With dual income rph household, you gonna catch up to me quick. I'm down my whole year salary from our peak. So, NW took a dip below 2M. It's still 30 yr til I turn 65.
I like to mock you because you have been wrong over and over again but you kept on going. I am pretty sure you loss a boat load of money this year. Do yourself a favor and stop already.
Wrong:
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Wrong again:
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He kept on playing his greatest hits:
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Go ahead...you can have the last word!
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I'm not wrong until I sell and I don't plan on doing that. I'm just getting to buy cheaper and cheaper. There's nothing wrong with buying on the way down. Did I want to get out at one point and wait? Yes but I decided against that since I didn't need to do that anymore. We'll be retiring on the next run up. Don't worry about my family, we'll be retired in our 50s.
So again, what about the rest? Are you all cash?
Sound like you are jealous I got no loan broYeah you claimed to have $2M but no girl wants you!
His daddy and mommy sent him to the U.S to study and they paid for his pharmacy tuition. He didn’t start with nothing. Now he is telling people, “you gotta start somewhere”?
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Do you think Warren Buffet went all cash before the 2008 recession? He held on to the good stocks and had a boat load of cash to buy stocks for cheap. I am no buffet but if it works for him, that is good enough for me!
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Actually "by 2019" means anytime before then, right? Not until Dec 31st, 2019?
Although that is mostly nit-picking. Some of your predictions are a little on the vague side (as any good fortune tellers predictions are - what does "closing in" even mean?) but overall good job. Does the oracle want to enlighten us on what 2019 will bring?
Bitcoins drop starting in dec 2017. So any prediction of Bitcoin going up was wrong. I don't care of you corrected it later. Still wrong. You are awarded zero points.
For those of you buying the dip, what are you buying? Energy and Tech are starting to look attractive at these levels.
Sold out of my gbtc position today. It's moving too much away from Bitcoin movement this month. Will get in after a correction. Its up over 300% in the past 3 months alone.
Absolutely nothing changes.
Wag has a point. A lot of this stuff was obvious. Like Bitcoin and interest rates.
If it is so obvious then why didn’t you short bitcoin and make millions?
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Also FBI isn't closing in on Trump.
Market up 4% over the last 5 days, hope no one is missing out.