Tweet
Originally posted by Ecthy
You're not losing the money before you sell your stock.
You're not losing the money before you sell your stock.
-
You do if they go under.(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination. -
Who said this? Was it the currency devaluation number? If so, then stock markets tend to go up during devaluations.Originally posted by snoopy369
But if the market is going to continue dropping as much as 30% off today's close, is there any real point in putting money in that will just depreciate 30%?
Besides, nobody can predict the future.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
Ahh, a combination of me misreading your post and the housing market number... gotcha.<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
-
Also remember that you're paying into the 401(k) at a discount because it's pre-tax.John Brown did nothing wrong.Comment
-
Hmm, true. And I think there is a match, so that comes as a bonus as well I suppose. Okay, Jan. 1 I'll work on that 401.
<Reverend> IRC is just multiplayer notepad.
I like your SNOOPY POSTER! - While you Wait quote.Comment
-
So I bought some more AMAT and IVV (S&P 500 ETF) today. This will about do it for a while.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
Picked up 240 shares of EEE @ .35. EEE is a clean-coal company. Paid a couple cents too much per share, since I didn't really understand what all the little menu options meant, but it's a fun learning experience.John Brown did nothing wrong.Comment
-
So I bought some more AMAT and IVV today
Go IVV, go! (I own some too). I still need to get the rest of our money in. Will do shortly... just gotta make a final decision on exactly which fund(s) to buy. Gotta pester the Smith Barney guy.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
-
How long have previous bears lasted?
How long has this one been?
Do you call this a bear?(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.Comment
-
1) See the following October 11 chart from the NYT comparing bear markets of the recent past. NB: These figures have been adjusted for inflation.
2) See #1. Bear markets can last an awful long time. Or not.
3) Is the Pope catholic?I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891Comment
-
the way the news are going and nothing happens on the markets
...
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
-
Ta.Originally posted by DanS View Post1) See the following October 11 chart from the NYT comparing bear markets of the recent past. NB: These figures have been adjusted for inflation.
2) See #1. Bear markets can last an awful long time. Or not.
3) Is the Pope catholic?
I thought Arrian might want to see that.(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.Comment
-
I'm 32, NYE. I've got plenty of time here. I've also put some money in a 12-month CD at 4%. Not all available surplus $ in our household is being put into the market. There is still a substantial chunk in our savings account (earning nearly nothing, but of course not dropping), the CD, and then there is the money we're putting into stocks.
This bear market is already one of the worst in terms of % off-peak. Maybe it will get worse before it gets better, but it will get better. And it will do so in time for me to make money off it and then move my money into safer things before retirement.
-Arriangrog want tank...Grog Want Tank... GROG WANT TANK!
The trick isn't to break some eggs to make an omelette, it's convincing the eggs to break themselves in order to aspire to omelettehood.Comment
-
I'll be putting cash in too, eventually. My concern with timing is avoiding the die off. I'd rather miss a bit from the bottom than have capital tied up in dead companies walking.(\__/)
(='.'=)
(")_(") This is Bunny. Copy and paste bunny into your signature to help him gain world domination.Comment
-
3% drop yesterday and some more expected news across the sectors
will see if this changes near-term sentiment...Intel Corp., the world’s largest chipmaker, reported a 23 percent drop in fourth-quarter sales yesterday, steeper than a November projection. Time Warner Inc., the largest media company, will report its first annual loss in six years because of a $25 billion write-down and falling AOL and print ad sales. Lenovo Group Ltd., the maker of ThinkPad laptop computers, said today it’s cutting about 2,500 jobs, 11 percent of the payroll.
.
Intel Chief Executive Officer Paul Otellini, 58, said he expects the U.S. recession to be the worst he’s seen. Intel’s fourth-quarter sales fell to $8.2 billion from a year earlier, missing the November forecast of $9 billion and an earlier prediction of at least $10.1 billion.
The Santa Clara, California-based company’s sagging revenue indicates demand is falling across a broad swath of the technology industry since Intel chips run about 80 percent of the world’s personal computers and also power corporate servers.
Getting some news from the mortgage/finance sector, it seems that they should be coming back finally in H2 this year, which is the first sign that the worst is over... but there is still 6 months to go until than, and that's just the beginning of "things" getting better... my feeling for this year is another 20-30% DOW drop during the year, and coming back to similar levels where we are at now by year end... unless there are further surprises of course
Socrates: "Good is That at which all things aim, If one knows what the good is, one will always do what is good." Brian: "Romanes eunt domus"
GW 2013: "and juistin bieber is gay with me and we have 10 kids we live in u.s.a in the white house with obama"Comment
Comment