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Stock Thread 2018

Blankpage said:
Trump wants to fire Powell. Might be a good time to be sitting on the sidelines while the chaos plays out.
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from what i've heard so far over the weekend from news commentary on the radio, Powell needs not fear about losing his job


my next paycheck is upcoming Friday. my future contributions to my 401(k) will not change, even though my asset allocation did last thu. i wish i was financially insulated that i could have kept all of my positions.
 
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if AMZN drops below 1k I'm jumpin in. I kick myself for not buying back in '-09 when it was 475. I'm not going to miss out again.
 
I bought at 275 and bailed at about 1k, before watching it continue to climb to 1800 or so. Bit of sellers remorse for sure, but I made good money on it and it was too much of a concentrated risk in my portfolio.
 
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Cycle61 said:
401(k) is down 13.5% this year, all of it since September. Party on, Wayne. :party

I'm a long way from retirement and investing consistently. For those in my position, investing regularly, it's a long term buying opportunity, although it sucks watching the numbers spool down week by week.
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Same for me. I just checked my 401k this morning for the first time in a couple weeks. Damn. Way down from its September high. This is bad for me because I'm probably going to be unemployed for a long time (already 6 months) and have to raid the 401k.

Oh yeah, the Ford stock I bought after selling my former employer's stock is doing poorly, but my former employer's stock is about half of what it was when they showed me the door.
 
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2strokeYardSale said:
Same for me. I just checked my 401k this morning for the first time in a couple weeks. Damn. Way down from its September high. This is bad for me because I'm probably going to be unemployed for a long time (already 6 months) and have to raid the 401k.

Oh yeah, the Ford stock I bought after selling my former employer's stock is doing poorly, but my former employer's stock is about half of what it was when they showed me the door.
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:(

can't you drive for uber or take on a part time job to make ends meet while you look for full employment? hate to see you raid that 401(k) account. it's meant for the "future you" ...
 
Ahhh, another day of market declines and another day of pundits waxing on about the ‘causes’ and what’s to come next. Of course, the ‘buy on the dip’ sidewalk callers are out in force as well, talking about how the market is oversold and ‘there’s gold in them there stocks’! Gotta keep the masses trading!

Isn’t it just a bit strange that not a single talking head that makes it onto the TV is espousing the opinion that the market is simply overvalued? Not a one. Very strange. Seen this before?
 
That’s a similar story as to what was being told back in 2009.
Yeah the fed may have shot their load but who know what the current cartel might come up with.
 
:mad

even the bond funds are losing their value ... that's it. i'm going to have 100% in stable value fund earning 2% until i figure out a game plan ...
 
Problem with parking money until you figure out a game plan is that you never time that plan exactly right. Best to just figure out an allocation for your age and stick with it, rebalancing once or twice a year.

And bonds may have been declining this year, but for the last 5-6 weeks they've been going back up. Gov't bonds, at least. So have my mortgage backed securities.

Gold has increased too, for obvious reasons.
 
prior to october, i did stick to an asset allocation that was right for my risk tolerance, and it served me well. i even introduced emerging markets equity in there as well. i don't regret being more conservative than most my age.

i do realize parking the retirement balance in stable value funds is not sensible long-term.

with a paycheck coming up this friday, i'm good with sticking to the same asset allocation as before since there is no asset class that has been bullet-proof in this instability. the next week after, i'll dollar cost average a similar allocation back into my ira rollover and roth ira accounts. why not, the prices are all lower. this way, i dip my toes into the water again. i'll probably gradually reclass more out of stable value as i feel that the markets have stabilized but it will take a lot for that confidence to grow. i know for sure, i will not restore my asset allocation to specific %s within just one day.


with economic growth predicted to slow down in 2019 and a global recession predicted for 2020, i'd rather be careful than put blinders on and hope that everything will be okay (too much to lose, too little time to grow it back). i can claim i have never lost much nor profited much from the stock market. the balance that i gradually grew is due from patience in socking money away and trusting my instincts.
 
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Archimedes said:
Ahhh, another day of market declines and another day of pundits waxing on about the ‘causes’ and what’s to come next. Of course, the ‘buy on the dip’ sidewalk callers are out in force as well, talking about how the market is oversold and ‘there’s gold in them there stocks’! Gotta keep the masses trading!

Isn’t it just a bit strange that not a single talking head that makes it onto the TV is espousing the opinion that the market is simply overvalued? Not a one. Very strange. Seen this before?
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The obvious question is what the meaning of overvalued is. The market is down close to 20% from its high. It might go down 20% more. It might not. The dollar might be so inflated that this is a reasonable price level.
 
Technically, everything is worth exactly what people are willing to pay, so it's always valued correctly.
 
Current value doesn't matter. The trick with investing is guessing what people think something will be worth in the future.
 
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