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  • #31
    Seems to be going back up. I was kinda hoping for more action...

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    • #32
      Originally posted by Lordosis View Post
      Seems to be going back up. I was kinda hoping for more action...
      hin
      Evergrande seems to be an isolated issue. Stock is already 10 cents on a dollar and all the properties seem to be in China. Sooooooo CCP gets the the buildings in China and the debt holders get the shaft. It's a big one, $300b. Make no mistake. CCP wanted development and it will be paid for by foreign investors.
      That is the way the deals in China are structured. Government giveth and takes away. Ask Jack Ma.

      Now just worry about the US government, giveth and take it away.

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      • #33
        Originally posted by Lordosis View Post
        Seems to be going back up. I was kinda hoping for more action...
        Buy The Dip

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        • #34
          up again. may not convert any pre-tax to roth this year after all. oh well

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          • #35
            That's the problem with buying the dip: often the dips are so transient that they are over before you can make a purchase. So I've stopped thinking about them. I figure my automatic investments will catch any longer drop, and I have more important things to do with my life than obsessively following the market so I can catch one of these 1-2 day declines.

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            • #36
              Originally posted by artemis View Post
              That's the problem with buying the dip: often the dips are so transient that they are over before you can make a purchase. So I've stopped thinking about them. I figure my automatic investments will catch any longer drop, and I have more important things to do with my life than obsessively following the market so I can catch one of these 1-2 day declines.
              Even this last "covid bear" did not last long enough. A couple of months at the most of cheaper buys.

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              • #37
                Okay who made a large equity purchase this week?

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                • #38
                  Originally posted by Tim View Post
                  Okay who made a large equity purchase this week?
                  I got 16k of VTSAX at $109. Winner winner chicken dinner.

                  Edited to add the purchase was inspired by this post. Hurray for Lordosis!

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                  • #39
                    Originally posted by ObgynMD View Post

                    I got 16k of VTSAX at $109. Winner winner chicken dinner.

                    Edited to add the purchase was inspired by this post. Hurray for Lordosis!
                    I will gladly take credit for your bonus 2% on 16k!

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                    • #40
                      Originally posted by Lordosis View Post

                      I will gladly take credit for your bonus 2% on 16k!
                      A different kind of unrealized gain. Tell me how that works out.

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                      • #41
                        Originally posted by Lordosis View Post

                        I will gladly take credit for your bonus 2% on 16k!
                        $320- That’s a lot of chicken 🍗

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