Baker Boy 1,485 Posted August 23, 2019 26 minutes ago, Hardcore troubadour said: My two cents: People are desentisized at this point with all the giant fluctuations. When it starts to really go down a lot of us will be caught flat footed. If you are in for the long term it doesn’t matter because the market always recovers. The critical thing is buying at the right price. Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted August 23, 2019 4 minutes ago, Baker Boy said: If you are in for the long term it doesn’t matter because the market always recovers. The critical thing is buying at the right price. I know. It's still not a great feeling to see your money take a beating. People do panic. Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 7, 2019 Federal Reserve Chairman Jerome Powell announced on Friday that he does not expect the U.S. economy to enter a recession anytime soon. "We’re not forecasting or expecting a recession," Powell said. "The most likely outlook is still moderate growth, a strong labor market and inflation continuing to move back up." As for why the Fed feels this way, Powell said that "the Fed has through the course of the year seen fit to lower the expected path of interest rates...That has supported the economy. That is one of the reasons why the outlook is still a favorable one." "Our main expectation is not at all that there will be a recession," he added. Share this post Link to post Share on other sites
Baker Boy 1,485 Posted September 7, 2019 It is hard to understand why people believe the MSM and take financial advice from them. I wonder how many people lost out on this booming economy because the believed the doomsday forecasts of the MSM which were driven by hatred for the most successful President in US History. Share this post Link to post Share on other sites
bandrus1 413 Posted September 7, 2019 15 minutes ago, Baker Boy said: most successful President in US History. Don't forget to spit Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 7, 2019 1 hour ago, Baker Boy said: It is hard to understand why people believe the MSM and take financial advice from them. I wonder how many people lost out on this booming economy because the believed the doomsday forecasts of the MSM which were driven by hatred for the most successful President in US History. Nobody lost out because the people spewing the market crashing nonsense never took their money out. The people they are talking to don't have money to put in the market. Share this post Link to post Share on other sites
sderk 1,040 Posted September 7, 2019 1 hour ago, bandrus1 said: Don't forget to spit Advice from someone who knows? 2 Share this post Link to post Share on other sites
bandrus1 413 Posted September 7, 2019 6 hours ago, sderk said: Advice from someone who knows? 2/10 Share this post Link to post Share on other sites
BirdGang 312 Posted September 8, 2019 On 9/6/2019 at 9:57 PM, bandrus1 said: Don't forget to spit Spoken like a true vet 2 Share this post Link to post Share on other sites
Reality 2,710 Posted September 13, 2019 Ya'll back in or no? Share this post Link to post Share on other sites
iam90sbaby 2,125 Posted September 13, 2019 On 7/30/2019 at 9:49 AM, IGotWorms said: No signs? Let’s start with the inverted yield curve. Or, you know, the fact that the Fed is cutting interest rates On 8/5/2019 at 9:24 PM, IGotWorms said: If it was me and I was smart enough to follow up on my own musings, I’d stay out for a while. Think this thing goes down at least a few more thousand before any real rebound. Smart guy 1 Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 13, 2019 Can all the super smart guys who pulled their money out let us know how much you lost this past month? 1 Share this post Link to post Share on other sites
sderk 1,040 Posted September 13, 2019 1 hour ago, Cdub100 said: Can all the super smart guys who pulled their money out let us know how much you lost this past month? Well back in 2016 Mark Cuban said he would pull all of his money out of the market if Trump won. I'm glad I didn't. Share this post Link to post Share on other sites
lod001 1,237 Posted September 14, 2019 16 hours ago, Reality said: Ya'll back in or no? Nope. Was in for a couple of days, made some $ and jumped back out. This ain't over. Gotta go under 2700 for me....I think. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted September 14, 2019 I'll say it again. You should stay in at least until the tariffs take effect. Consumer spending is going to be crazy this holiday season. November could be historic. Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 14, 2019 23 minutes ago, TimmySmith said: I'll say it again. You should stay in at least until the tariffs take effect. Consumer spending is going to be crazy this holiday season. November could be historic. Please let us know the when you take your money out. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted September 14, 2019 25 minutes ago, Cdub100 said: Please let us know the when you take your money out. Trump was right (again) the Chinese are paying for the tariffs in the form of $300 65 inch TVs and they haven't even started yet. My guess is the tariffs will be pushed back again into the spring. Right now if I was going the ultra safe route I would target cyber Monday. Not that I don't think it will keep climbing but there is a quasi traditional post Thanksgiving weekend drop. Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 14, 2019 14 minutes ago, TimmySmith said: Trump was right (again) the Chinese are paying for the tariffs in the form of $300 65 inch TVs and they haven't even started yet. My guess is the tariffs will be pushed back again into the spring. Right now if I was going the ultra safe route I would target cyber Monday. Not that I don't think it will keep climbing but there is a quasi traditional post Thanksgiving weekend drop. Let us know. Share this post Link to post Share on other sites
Baker Boy 1,485 Posted September 14, 2019 4 hours ago, TimmySmith said: I'll say it again. You should stay in at least until the tariffs take effect. Consumer spending is going to be crazy this holiday season. November could be historic. Are you saying we should all move our 401Ks to a Fixed Account rather than a Variable Account at this time? Share this post Link to post Share on other sites
Baker Boy 1,485 Posted September 14, 2019 5 hours ago, lod001 said: Nope. Was in for a couple of days, made some $ and jumped back out. This ain't over. Gotta go under 2700 for me....I think. BS! Share this post Link to post Share on other sites
Cdub100 3,380 Posted September 14, 2019 19 minutes ago, Baker Boy said: BS! Yup I want to know when they get out and back in. Everyone knows with hindsight. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted September 14, 2019 52 minutes ago, Baker Boy said: Are you saying we should all move our 401Ks to a Fixed Account rather than a Variable Account at this time? I have no crystal ball. I just think the stars are aligned for market confidence. Share this post Link to post Share on other sites
LOD01 190 Posted September 14, 2019 1 hour ago, Baker Boy said: BS! Think what you want. Share this post Link to post Share on other sites
TimmySmith 2,782 Posted September 14, 2019 16 minutes ago, LOD01 said: Think what you want. Your statement made little sense in the recent market. Perhaps you could give dates for context. Share this post Link to post Share on other sites
Baker Boy 1,485 Posted September 19, 2019 On 9/14/2019 at 4:39 AM, lod001 said: Nope. Was in for a couple of days, made some $ and jumped back out. This ain't over. Gotta go under 2700 for me....I think. The Dow went under 2700 today, what did you buy? Share this post Link to post Share on other sites
IGotWorms 3,311 Posted September 19, 2019 Just now, Baker Boy said: The Dow went under 2700 today, what did you buy? Wow 2700? We’re focked Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted September 19, 2019 1 hour ago, IGotWorms said: Wow 2700? We’re focked No sh!t!!!! That is awful. I am officially poor now. Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted September 24, 2019 I'm out. The democrats are going to fock this economy hell or high water. They DGAF. Share this post Link to post Share on other sites
Patriotsfatboy1 1,432 Posted October 2, 2019 More bloodletting today. Dow looking to go below 26k Share this post Link to post Share on other sites
Hawkeye21 1,853 Posted October 2, 2019 On 9/24/2019 at 6:21 PM, Hardcore troubadour said: I'm out. The democrats are going to fock this economy hell or high water. They DGAF. How are the democrats screw up this time? Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted October 2, 2019 21 minutes ago, Hawkeye21 said: How are the democrats screw up this time? By impeaching for BS. And looking like a communist will be their nominee. Share this post Link to post Share on other sites
Hawkeye21 1,853 Posted October 2, 2019 1 minute ago, Hardcore troubadour said: By impeaching for BS. And looking like a communist will be their nominee. How is that affecting the market right now? It's amazing how often you post on here blaming something on democrats. You sound just as bad as the democrats blaming everything on republicans and Trump. Share this post Link to post Share on other sites
MTSkiBum 1,594 Posted October 2, 2019 On 9/13/2019 at 3:35 PM, Cdub100 said: Can all the super smart guys who pulled their money out let us know how much you lost this past month? What are you, my wife. On 7/29/2019 at 8:02 AM, MTSkiBum said: Short term savings, who knows. We pulled our short term savings out of the market a little while ago, and my wife likes to remind me of this fact. We are not going back in until the crash though. Either way, we are leaving our money out. It is just play money, only 5 figures. If I am wrong, then it would not be the first time, second time, or 100th time. Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted October 2, 2019 Just now, Hawkeye21 said: How is that affecting the market right now? It's amazing how often you post on here blaming something on democrats. You sound just as bad as the democrats blaming everything on republicans and Trump. Are they impeaching for BS? Yes. Is Warren looking like the nominee? Yes. Why would that not affect the market? Share this post Link to post Share on other sites
Hawkeye21 1,853 Posted October 2, 2019 2 minutes ago, Hardcore troubadour said: Are they impeaching for BS? Yes. Is Warren looking like the nominee? Yes. Why would that not affect the market? The added jobs report was lower than projected and the manufacturing index is down which is a big red flag for a recession. Are the democrats responsible for this? Share this post Link to post Share on other sites
Hardcore troubadour 12,631 Posted October 2, 2019 2 minutes ago, Hawkeye21 said: The added jobs report was lower than projected and the manufacturing index is down which is a big red flag for a recession. Are the democrats responsible for this? Tech is leading the downturn. Tech, the ones that Warren is saying she's going to breakup. Pay attention. Share this post Link to post Share on other sites
Hawkeye21 1,853 Posted October 2, 2019 1 minute ago, Hardcore troubadour said: Tech is leading the downturn. Tech, the ones that Warren is saying she's going to breakup. Pay attention. I literally just read an article stating what I just posted was the reason for the current drop in the market. Every time there is a big drop in the market both parties blame each other for it. It gets so old. Bunch of morons blaming each other because they have such a blind loyalty towards their party. I'm sick of both parties. Share this post Link to post Share on other sites
Bert 1,091 Posted October 2, 2019 1 minute ago, Hawkeye21 said: I literally just read an article stating what I just posted was the reason for the current drop in the market. Every time there is a big drop in the market both parties blame each other for it. It gets so old. Bunch of morons blaming each other because they have such a blind loyalty towards their party. I'm sick of both parties. You know the markets reaction is equally as moronic. I mouse farted today in Sh!tholestan and the market dropped 450 points. Share this post Link to post Share on other sites
Alias Detective 1,179 Posted October 2, 2019 11 minutes ago, Bert said: You know the markets reaction is equally as moronic. I mouse farted today in Sh!tholestan and the market dropped 450 points. Moronic or not a smart guy like you should realize how sensitive the market is. Thus only requiring a mouse fart to cause a market drop of 450 points. Share this post Link to post Share on other sites
Bert 1,091 Posted October 2, 2019 2 minutes ago, Alias Detective said: Moronic or not a smart guy like you should realize how sensitive the market is. Thus only requiring a mouse fart to cause a market drop of 450 points. I do that is why I don't jump in and out of the market. Steady systematic purchases of low fee index or similar funds over a long period of time my friend. Share this post Link to post Share on other sites