Announcement

Collapse
No announcement yet.

How low can we go?

Collapse
This topic is closed.
X
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Yeehaw, roller coasters are fun!

    Comment


    • Wife just did her backdoor Roth (not invested yet, thankfully, just money market). She did a direct contribution and invested it for the 2019 tax year in February since she was filing single. The market plummeted after that.... Finally something to correlate the market to.

      Comment


      • Wow! I “thought” it would drop again but I was beginning to wonder if I was wrong. I was really surprised to see it drop so far today. I wonder where this will go? No clue, but seems bleak!

        Comment


        • Originally posted by Tangler View Post
          Wow! I “thought” it would drop again but I was beginning to wonder if I was wrong. I was really surprised to see it drop so far today. I wonder where this will go? No clue, but seems bleak!
          Advance reaction. Memorial Day would probably been expected.
          Seems we have had a number of large public marches after the holiday. Might be a little unsettling. Maybe it’s an overreaction or maybe not.
          No treatment and no immunization.

          Comment


          • Stocks are going on sale again.

            Comment


            • Originally posted by Balance1969 View Post
              Stocks are going on sale again.
              Yeah another sale would be nice. I have more cash now after the past few months of low expenses.

              Comment


              • This drop does not make sense to me either. With a big swing like this and the best reasons I read about is that people are realizing that this will be a long haul. Well duh and that realization did not happen overnight. This crap just helps firm up my belief that the stock market is random but with a general long term trend of going up. Keep shoveling.

                Comment


                • Originally posted by Lordosis View Post
                  stock market is random but with a general long term trend of going up.
                  No truer words have been spoken. It’s ransom and people try to explain it after the fact. And some people claim to have predicted it after the fact. Oink oink.

                  Comment


                  • Yep, agreed. Makes no logical sense because it's emotional and arbitrary. Most people in our field crave logic and this defies it. Best to follow the Boglehead and WCI principles, follow your written plan, and sit back.
                    Last edited by Peds; 06-12-2020, 12:07 PM. Reason: Rule violation

                    Comment


                    • Roller coaster! Like folk said; time horizon and asset allocation makes good sleep for retirement funds.

                      That said -- for day traders and the speculation funds, this must be some serious fun/excitiing/tums inducing times.

                      Comment


                      • It is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?

                        Comment


                        • READ "Will the Banks Collapse" from Atlantic magazine
                          A crisis is in our midsts
                          as well as Krugman's article. "MARKET MADNESS IN THE PANDEMIC"

                          FEEDBACK APPRECIATED

                          Opinion | Market Madness in the Pandemic - The New York ...www.nytimes.com › opinion › coronavirus-stock-market

                          Will the Banks Collapse? - The Atlanticwww.theatlantic.com › coronavirus-banks-collapse
                          READ THE WHOLE ARTICLE-SHOCKING
                          Last edited by Peds; 06-22-2020, 09:39 AM.

                          Comment


                          • Originally posted by Lordosis View Post
                            It is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?
                            Being able to identify short term threats allowed our ancestors to climb trees when four legged predators were trying to eat them. Then when they were in the trees, they'd see see fruit and say in primateese, "Holy sh!t, there's fruit up here, yippy!"

                            Comment


                            • Originally posted by burritos View Post

                              Being able to identify short term threats allowed our ancestors to climb trees when four legged predators were trying to eat them. Then when they were in the trees, they'd see see fruit and say in primateese, "Holy sh!t, there's fruit up here, yippy!"
                              Biased, overconfident, emotional, irrational, pattern seeking primates. (Myself included).
                              Less news = more happiness.
                              Last edited by Tangler; 06-18-2020, 12:43 AM.

                              Comment


                              • Originally posted by Lordosis View Post
                                It is kind of funny that a big drop or a couple of bad days and the mood changes sour so quick. Then a few good days and we are back in action heading towards new highs. I see it in the media. I see it in conversations in my day to day. I even see it here. Are our memories really that short?
                                “Price creates it’s own narrative”.
                                I think the media actors know it’s Kubuki theatre, the peanut gallery at the front also, but the newcomers think it’s a reality.

                                Comment

                                Working...
                                X