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Posted: 10/26/2023 7:20:58 PM EDT
[Last Edit: mochaTX]
Link Posted: 10/26/2023 8:11:40 PM EDT
[#1]
Buy and hold in your desired AA

Live happy


Link Posted: 10/26/2023 9:49:31 PM EDT
[#2]
Link Posted: 10/26/2023 9:53:49 PM EDT
[#3]
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.
Link Posted: 10/27/2023 7:11:32 AM EDT
[#4]
https://www.cnbc.com/pre-markets/

4137.

I really want to put this bathroom remodel I'm doing on hold to shove more in the market.

But happy wife, happy life and all that.
Link Posted: 10/27/2023 7:55:33 AM EDT
[#5]
New record highs any day now. Run bull, run!
Link Posted: 10/27/2023 8:13:07 AM EDT
[#6]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.
View Quote

It's when you make your most money......
Just keep buying.....
It's on sale.......
I wish it drop, I'll buy more....
Heloc my house....
Link Posted: 10/27/2023 8:15:44 AM EDT
[#7]
Earnings have been pretty good.
Link Posted: 10/27/2023 8:18:10 AM EDT
[#8]
1/2 percent increase coming.  None of this quarter percent bullshit.

He should jump it one full percent to stop this inflation thing though. Take the gloves off and really go bill that frog.

https://www.pbs.org/newshour/economy/u-s-economy-grows-4-9-percent-shrugging-off-interest-rates-and-defying-recession-forecasts
Link Posted: 10/27/2023 8:42:20 AM EDT
[#9]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By durtychemist:
1/2 percent increase coming.  None of this quarter percent bullshit.

He should jump it one full percent to stop this inflation thing though. Take the gloves off and really go bill that frog.

https://www.pbs.org/newshour/economy/u-s-economy-grows-4-9-percent-shrugging-off-interest-rates-and-defying-recession-forecasts
View Quote

I think you are missing a zero.  
Link Posted: 10/27/2023 8:46:06 AM EDT
[#10]
I've got 20-30 years before I really need mine. I'll keep shoveling in every week.

also buying ammo and canned goods in case it really does collapse. Diversification is key!
Link Posted: 10/27/2023 8:53:29 AM EDT
[#11]
If the markets don’t pull back people will keep spending and inflation will stay and feds will have to keep raising.
Link Posted: 10/27/2023 8:55:47 AM EDT
[#12]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By nightstalker:
Earnings have been pretty good.
View Quote

Byproduct of inflation
Link Posted: 10/27/2023 8:59:24 AM EDT
[#13]
Interest rates are only part of the issue that has to be changed. Turning off the giant never ending printing press is the other half of the equation.
Link Posted: 10/27/2023 9:08:56 AM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By boolzi:
If the markets don’t pull back people will keep spending and inflation will stay and feds will have to keep raising.
View Quote

Lots of folks think it will grow forever.  Like trees grow to the moon.

The tide is starting to go out though now.
Link Posted: 10/27/2023 9:10:37 AM EDT
[#15]
Market already corrected.

Fed Funds Futures suggest no more hikes, 3 cuts next year
Link Posted: 10/27/2023 9:15:26 AM EDT
[#16]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By sh768:
Market already corrected.

Fed Funds Futures suggest no more hikes, 3 cuts next year
View Quote

 Cuts next year.  People are drunk on hopium.
Link Posted: 10/27/2023 9:16:06 AM EDT
[#17]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By boolzi:
If the markets don’t pull back people will keep spending and inflation will stay and feds will have to keep raising.
View Quote


Pretty much.  The Fed knows they have to break it before they can fix it.  The notion of a soft landing is at least as far as we know historically, mostly a fantasy.  I'm not saying I won't live to see it happen one day but it shouldn't be anyone's default assumption.

Link Posted: 10/27/2023 9:20:53 AM EDT
[#18]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By sh768:
Market already corrected.

Fed Funds Futures suggest no more hikes, 3 cuts next year
View Quote


I'd argue that your two statements are at odds with each other unless you believe in a soft landing.  I believe the Fed will likely cut rates next year but that's only because I believe we are headed into recession.

If the market doesn't correct further and bring multiples back to earth and unemployment doesn't tick up to loosen the labor market, then we haven't yet seen the end of inflation nor have we seen the end of restrictive monetary policy.

Stocks are still trading at well beyond historically average P/E ratios, housing is still about 7 times household incomes, and unemployment is still at 50 year low.  The Fed's work isn't done even if that means just holding where we are at until things crack.
Link Posted: 10/27/2023 9:22:08 AM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By exponentialpi:

 Cuts next year.  People are drunk on hopium.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By exponentialpi:
Originally Posted By sh768:
Market already corrected.

Fed Funds Futures suggest no more hikes, 3 cuts next year

 Cuts next year.  People are drunk on hopium.


I think people are ignoring what would cause the Fed to make 3 cuts next year in the first place.

Link Posted: 10/27/2023 9:30:36 AM EDT
[Last Edit: sh768] [#20]
Well, the stock market reflects the economy, but the two aren't perfectly correlated. At the moment, we are seeing good economic reports, but the market reacting negatively because it anticipates Fed action. The market looks out 6-9 months, they say.

Which is to say, we may have a recession that results in bad economic data, requiring the Fed to cut rates. But those cuts could very well cause the market to soar. The difference between Wall St and Main St, I guess.

Link Posted: 10/27/2023 9:37:03 AM EDT
[#21]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By exponentialpi:

 Cuts next year.  People are drunk on hopium.
View Quote

Indeed, the required suffering hasn't been experienced yet.
Link Posted: 10/27/2023 1:19:41 PM EDT
[#22]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:


I'd argue that your two statements are at odds with each other unless you believe in a soft landing.  I believe the Fed will likely cut rates next year but that's only because I believe we are headed into recession.

If the market doesn't correct further and bring multiples back to earth and unemployment doesn't tick up to loosen the labor market, then we haven't yet seen the end of inflation nor have we seen the end of restrictive monetary policy.

Stocks are still trading at well beyond historically average P/E ratios, housing is still about 7 times household incomes, and unemployment is still at 50 year low.  The Fed's work isn't done even if that means just holding where we are at until things crack.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By woodsie:
Originally Posted By sh768:
Market already corrected.

Fed Funds Futures suggest no more hikes, 3 cuts next year


I'd argue that your two statements are at odds with each other unless you believe in a soft landing.  I believe the Fed will likely cut rates next year but that's only because I believe we are headed into recession.

If the market doesn't correct further and bring multiples back to earth and unemployment doesn't tick up to loosen the labor market, then we haven't yet seen the end of inflation nor have we seen the end of restrictive monetary policy.

Stocks are still trading at well beyond historically average P/E ratios, housing is still about 7 times household incomes, and unemployment is still at 50 year low.  The Fed's work isn't done even if that means just holding where we are at until things crack.


This.
Link Posted: 11/1/2023 7:23:00 AM EDT
[#23]
FOMC day. Which way will the markets go.

And

Link Posted: 11/1/2023 5:55:07 PM EDT
[#24]
no one?
Link Posted: 11/2/2023 4:27:16 PM EDT
[#25]
Well, no. Not now.
Link Posted: 11/2/2023 4:29:25 PM EDT
[Last Edit: spidey07] [#26]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.
View Quote


4300.  Not bad.  I like money.
Link Posted: 11/2/2023 5:14:54 PM EDT
[Last Edit: Bourbonator] [#27]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By BillofRights:
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.
View Quote


I think GD admin implemented an algorithm that automatically puts an account on timeout if it makes too many false market predictions.

This is the problem with opening tabs and not responding to them until hours have passed.

Hi, Spidey
Link Posted: 11/2/2023 5:37:48 PM EDT
[Last Edit: spidey07] [#28]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bourbonator:


I think GD admin implemented an algorithm that automatically puts an account on timeout if it makes too many false market predictions.

This is the problem with opening tabs and not responding to them until hours have passed.

Hi, Spidey
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Bourbonator:
Originally Posted By BillofRights:
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.


I think GD admin implemented an algorithm that automatically puts an account on timeout if it makes too many false market predictions.

This is the problem with opening tabs and not responding to them until hours have passed.

Hi, Spidey


Lulz.

I can’t predict shit. Only that we’re in bull. Long term bull wins.

I apparently bought a Ferrari last Friday. As in money firm used my every Friday buy to purchase RACE.

I had no idea they were publically traded. Oh well. I own shares of Ferrari. Which means I get to vote. Popped 7% today.

RACE. Nice. My wife was checking our account activity and said “we bought a Ferrari!”

No fucking race car in my driveway. I am disappoint.
Link Posted: 11/2/2023 5:50:44 PM EDT
[Last Edit: spidey07] [#29]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Scare_Crow:

It's when you make your most money......
Just keep buying.....
It's on sale.......
I wish it drop, I'll buy more....
Heloc my house....
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Scare_Crow:
Originally Posted By BillofRights:
Has anyone seen Spidey?     We had a 4200 thread a few days ago and he didn’t pop in.

It's when you make your most money......
Just keep buying.....
It's on sale.......
I wish it drop, I'll buy more....
Heloc my house....


Yeah. Flirting with correction. It is when you make your most money.

Guess buy low is the wrong thing to do?  Should I hold onto cash and wait for the crash?  (That already happened BTW)  Or put everything into assets that still offer less than inflation?
Link Posted: 11/2/2023 6:01:12 PM EDT
[#30]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By spidey07:


Yeah. Flirting with correction. It is when you make your most money.

Guess buy low is the wrong thing to do?  Should I hold onto cash and wait for the crash?  (That already happened BTW)  Or put everything into assets that still offer less than inflation?
View Quote



yep.  some guys just don't get it -- trust me i made the same mistake but learned.

i've said before -- when Obama was elected and after the GFC -- i thought it was TEOTW as far as capitalism was concerned.   switched way too much out of equities.  missed several nice UP years waiting for the socialists to destroy everything.

turns out -- the socialists (Dems) love $$$ just as much as we do.  

time in the market...   keep shoveling it in boys  
Link Posted: 11/2/2023 6:36:07 PM EDT
[#31]
Congrats to any fellow ROKU longs

https://finance.yahoo.com/quote/ROKU?p=ROKU
Link Posted: 11/2/2023 6:47:22 PM EDT
[Last Edit: spidey07] [#32]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By MFP_4073:



yep.  some guys just don't get it -- trust me i made the same mistake but learned.

i've said before -- when Obama was elected and after the GFC -- i thought it was TEOTW as far as capitalism was concerned.   switched way too much out of equities.  missed several nice UP years waiting for the socialists to destroy everything.

turns out -- the socialists (Dems) love $$$ just as much as we do.  

time in the market...   keep shoveling it in boys  
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By MFP_4073:
Originally Posted By spidey07:


Yeah. Flirting with correction. It is when you make your most money.

Guess buy low is the wrong thing to do?  Should I hold onto cash and wait for the crash?  (That already happened BTW)  Or put everything into assets that still offer less than inflation?



yep.  some guys just don't get it -- trust me i made the same mistake but learned.

i've said before -- when Obama was elected and after the GFC -- i thought it was TEOTW as far as capitalism was concerned.   switched way too much out of equities.  missed several nice UP years waiting for the socialists to destroy everything.

turns out -- the socialists (Dems) love $$$ just as much as we do.  

time in the market...   keep shoveling it in boys  


I’ve learned my lessons. I’ve made my mistakes. Seen/lived the cycles.

And that’s why I plow 50%+ of our income into market the last 15 years.

It’s real fucking easy to build life changing wealth. So fucking easy. Compounding is a thing. So easy.
Link Posted: 11/2/2023 6:52:56 PM EDT
[#33]
Bull's back bros!
Link Posted: 11/2/2023 6:57:52 PM EDT
[#34]
Im up 73% for the year.....ZFG
Link Posted: 11/2/2023 7:02:51 PM EDT
[#35]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Scare_Crow:

It's when you make your most money......
Just keep buying.....
It's on sale.......
I wish it drop, I'll buy more....
Heloc my house....
View Quote

It's funny how people make fun of him...but if everyone did the same as him....as opposed to buying 100's of lbs of rice and beans and a few silver coins...they'd have a lot more money.
Link Posted: 11/2/2023 7:05:18 PM EDT
[#36]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Techsan02:

It's funny how people make fun of him...but if everyone did the same as him....as opposed to buying 100's of lbs of rice and beans and a few silver coins...they'd have a lot more money.
View Quote

My favorite are the "went to cash" guys.
Link Posted: 11/2/2023 7:07:18 PM EDT
[#37]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Techsan02:

It's funny how people make fun of him...but if everyone did the same as him....as opposed to buying 100's of lbs of rice and beans and a few silver coins...they'd have a lot more money.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Techsan02:
Originally Posted By Scare_Crow:

It's when you make your most money......
Just keep buying.....
It's on sale.......
I wish it drop, I'll buy more....
Heloc my house....

It's funny how people make fun of him...but if everyone did the same as him....as opposed to buying 100's of lbs of rice and beans and a few silver coins...they'd have a lot more money.

Silver sucks, but I don't think anyone's retirement has been delayed by more than a day over buying some rice.
Link Posted: 11/2/2023 7:14:58 PM EDT
[#38]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By HRoark87:
Bull's back bros!
View Quote


We entered bull early this year after the typical 11 month bear.

You see you make your most money in bear. Buy low is a thing.
Link Posted: 11/2/2023 7:42:08 PM EDT
[#39]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By spidey07:


We entered bull early this year after the typical 11 month bear.

You see you make your most money in bear. Buy low is a thing.
View Quote


Saving for posterity.



Also JPow was scared about 10 year yields.

Should have hiked this month and next. Now inflation will simmer for longer.
Link Posted: 11/2/2023 8:44:16 PM EDT
[Last Edit: spidey07] [#40]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By mochaTX:


Saving for posterity.



Also JPow was scared about 10 year yields.

Should have hiked this month and next. Now inflation will simmer for longer.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By mochaTX:
Originally Posted By spidey07:


We entered bull early this year after the typical 11 month bear.

You see you make your most money in bear. Buy low is a thing.


Saving for posterity.



Also JPow was scared about 10 year yields.

Should have hiked this month and next. Now inflation will simmer for longer.


IMHO you’re letting short term (5 years) fed action dictate what should be long term goals. (Build wealth)

I “lost” hundreds of upon hundreds of thousands in value. But I stuck with my financial plan, understanding risk, understanding my goals. Most of all learning from my mistakes.

But I didn’t lose anything. I only gained more wealth through compounding gains. It’s like a damn money printing machine.  It prints money. That printed money makes more money. It’s like a damn money tree.

Money does indeed grow on trees. But you have to plant it and feed it.
Link Posted: 11/3/2023 8:22:31 AM EDT
[#41]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By spidey07:


Lulz.

I can’t predict shit. Only that we’re in bull. Long term bull wins.

I apparently bought a Ferrari last Friday. As in money firm used my every Friday buy to purchase RACE.

I had no idea they were publically traded. Oh well. I own shares of Ferrari. Which means I get to vote. Popped 7% today.

RACE. Nice. My wife was checking our account activity and said “we bought a Ferrari!”

No fucking race car in my driveway. I am disappoint.
View Quote


This is part of the reason I bought Rolls Royce. Why own the car when I can own the company? Then I did more DD and found out RYCY doesn't even own the car division and learned I should do more DD instead of buying individual stocks on a whim.

Oh well, I spent $11 on stupider things. Like becoming part owner of the Atlanta Braves
Link Posted: 11/3/2023 9:04:36 AM EDT
[#42]
Link Posted: 11/3/2023 9:08:25 AM EDT
[#43]
Discussion ForumsJump to Quoted PostQuote History


TO DA MOOOOOOOON!
Link Posted: 11/3/2023 9:19:54 AM EDT
[#44]
Right on schedule


Link Posted: 11/3/2023 9:24:23 AM EDT
[#45]
The more they hike the more they create inflation.
_
Link Posted: 11/3/2023 9:27:35 AM EDT
[#46]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By mochaTX:
Also JPow was scared about 10 year yields.

Should have hiked this month and next. Now inflation will simmer for longer.
View Quote

Yep.
Link Posted: 11/3/2023 9:28:29 AM EDT
[#47]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By IwasBrian:
The more they hike the more they create inflation.
_
View Quote

Attachment Attached File
Link Posted: 11/3/2023 11:35:24 AM EDT
[#48]
Originally Posted By mochaTX:
Stock corrections inbound?
View Quote


From 10/26 to today:  I hope it keeps correcting!

Link Posted: 11/3/2023 12:05:12 PM EDT
[#49]
just put in some limit orders yesterday so it should go up for a bit till they expire, then it will drop like a rock but rebound before I notice
Link Posted: 11/3/2023 12:42:28 PM EDT
[#50]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By FALARAK:


From 10/26 to today:  I hope it keeps correcting!

https://i.postimg.cc/MH04vFkM/screenshot-523.jpg
View Quote


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