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Who is buying s&p now??

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  • Originally posted by Tangler View Post
    Bought a little yesterday. VTI, VXUS, VIOO, VIOV.

    Working extra this month to keep adding & saving.

    If we are about to get punched in the mouth (as many say) I will be glad to have some $ to buy stocks on sale.

    If the market goes up, I will add some to the cash bucket and get it fat and ready for SORR in earlier retirement.

    We will see. Just keep buying. Especially if you are a youngster (under 55!).

    I just changed my 403B investment to max it out on my next 2 paychecks. Trying to get it all in ASAP now.

    I don’t have a crystal ball, but something tells me that if inflation report comes out good in a couple of weeks, then we might see a rate drop by end of year, and the market will recover. Who knows. This is all a hunch.

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    • Originally posted by WorkforFIRE View Post


      I just changed my 403B investment to max it out on my next 2 paychecks. Trying to get it all in ASAP now.

      I don’t have a crystal ball, but something tells me that if inflation report comes out good in a couple of weeks, then we might see a rate drop by end of year, and the market will recover. Who knows. This is all a hunch.
      I have absolutely no idea what the market will do.

      Regardless of what it will do, now is a good time to buy.

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      • Yesterday I bought a tiny amount of VTI, VXUS, VIOO and VIOV.

        I turn 50 next month. Been investing for a few years now. First Roth IRA in 2000. Getting old?!

        The only thing I have learned about predicting short term market moves is that I cannot repeatedly do it with any accuracy.

        Just keep earning, saving and investing.

        Just keep buying!

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        • buying all year. s&p up what 8-9% ytd? worse than a kick in the ******************.

          i'm still accumulating so hope it falls til the day of my last purchase then triples over my 30-40 years of retirement (G-d willing)!

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          • Yup buying biweekly with paychecks. It was dividend month so had extra monopoly money to throw into the sunk cost venture.

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            • I bought VTSAX today as part of my auto invest plan. Waiting patiently to see how much I owe in taxes for 2022 because I sold 2 rental properties. If not the entire amount I have set aside in HYSA the plan is to VTSAX and VOO it.

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              • Taxes are less than planned for so I bought VOO today.

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                • Originally posted by StateOfMyHead View Post
                  Taxes are less than planned for so I bought VOO today.
                  Taxes are more than expected for us. Good for you!

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                  • Originally posted by Tangler View Post

                    Taxes are more than expected for us. Good for you!
                    No, good for you!

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                    • Originally posted by bovie View Post

                      No, good for you!
                      Yeah Uncle Sam held my money for free.

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                      • Self-admitted market timer here. S&P has been given nearly every opportunity to retest the lows. Negative reactions to bad news remain short lived and modest. As long as S&P above 200 dma and on an upslope, I am buying.

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                        • Originally posted by LIFO View Post
                          Self-admitted market timer here. S&P has been given nearly every opportunity to retest the lows. Negative reactions to bad news remain short lived and modest. As long as S&P above 200 dma and on an upslope, I am buying.
                          Can you explain further??

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                          • Originally posted by WorkforFIRE View Post

                            Can you explain further??
                            Market goes up over time but can trend for significant periods flat or down
                            Despite general uptrend in markets, bear markets happen and typically last 12-18 months
                            Bear markets end not when there is good news but when markets stop reacting to bad news (we may be here but no way to know until well after the fact)
                            Nothing good happens under the 200 day moving average and its not worth fighting for that extra 2-3%
                            An uptrending 200 day moving average is an indication that the wind is at your back

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                            • The markets and economy don't necessarily follow a one to one correlation, but they are definitely correlated with growth of the economy in general. Predicted GDP is 2.7 which is the weakest predictive growth since 2001. So, I don't think we are there yet.

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                              • Bought a little today. Last week i felt a little ill about not having enough in cash bucket (had some expenses & taxes reduce the cash bucket) but I felt better today after a good say at work. I think I will eventually pull some out of stocks but not yet.
                                I need a more robust cash bucket for SORR but I keep putting it off.
                                If you are > 5 years from retirement I think you should buy stock index funds with almost every dime you can spare.
                                I am 1-5 years away and I also need a pile of cash

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