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Posted: 9/7/2022 7:45:34 PM EDT
[#1]
Quote HistoryQuoted: Well I was wrong last time but I’ll take the other side of that. As the recession wears on and biden drains the national reserve, oil has dropped to $81. That really drives inflation a lot. Yes it’s still up and especially food (holy shit I paid almost $7 for a gal of milk last week) I think they’re throwing everything they’ve got at the midterms and will fudge the numbers to look like inflation is down and the fed has got it under control. I’m guessing half a point and the market runs up before the election. While gas is down, vehicles. rent, and mortgages are big up. Powell isn’t going to back down no matter how much Wall Street cries. Money has to be sucked out. Pain has to flow. |
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Posted: 9/7/2022 7:46:53 PM EDT
[#2]
Quote HistoryQuoted: Not a penny.  |
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Posted: 9/7/2022 7:46:58 PM EDT
[#3]
Quote HistoryQuoted: Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) |
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Posted: 9/7/2022 7:48:38 PM EDT
[#4]
Quote HistoryQuoted: How much money have you lost this year? I bet it's a fucking metric shit ton. Quote HistoryQuoted: Quoted: 7 years and you’ll double your money. If you. Just keep buying way way shorter. How much money have you lost this year? I bet it's a fucking metric shit ton. Got to sell to lose. Eh, got to sell to gain too. |
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Posted: 9/7/2022 7:51:01 PM EDT
[#5]
Quote HistoryQuoted: Got to sell to lose. Eh, got to sell to gain too. Net worth is a thing. |
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Posted: 9/7/2022 7:53:06 PM EDT
[#6]
Quote HistoryQuoted: While gas is down, vehicles. rent, and mortgages are big up. Powell isn’t going to back down no matter how much Wall Street cries. Money has to be sucked out. Pain has to flow. Quote HistoryQuoted: Quoted: Well I was wrong last time but I’ll take the other side of that. As the recession wears on and biden drains the national reserve, oil has dropped to $81. That really drives inflation a lot. Yes it’s still up and especially food (holy shit I paid almost $7 for a gal of milk last week) I think they’re throwing everything they’ve got at the midterms and will fudge the numbers to look like inflation is down and the fed has got it under control. I’m guessing half a point and the market runs up before the election. While gas is down, vehicles. rent, and mortgages are big up. Powell isn’t going to back down no matter how much Wall Street cries. Money has to be sucked out. Pain has to flow. Powell said pain is coming. And I take him at his word. |
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Posted: 9/7/2022 7:54:01 PM EDT
[#7]
Quote HistoryQuoted: How much money have you lost this year? I bet it's a fucking metric shit ton. Can't book a loss if you never sell.  Attached File |
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Posted: 9/7/2022 7:54:23 PM EDT
[#8]
Quote HistoryQuoted: Can't book a loss if you never sell. /media/mediaFiles/sharedAlbum/7AC6109A-D809-4E08-8514-A53F54CDC5CD-405.gif  Attached File |
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Posted: 9/7/2022 7:56:44 PM EDT
[#9]
Quote HistoryQuoted: Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. |
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Posted: 9/7/2022 7:57:02 PM EDT
[#10]
Quote HistoryQuoted: Net worth is a thing. Quote HistoryQuoted: Quoted: Got to sell to lose. Eh, got to sell to gain too. Net worth is a thing. Net worth is abstract and fluid. |
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Posted: 9/7/2022 7:58:11 PM EDT
[#11]
Quote HistoryQuoted: Net worth is abstract and fluid. It's pretty fucking fluid. 
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Posted: 9/7/2022 8:00:11 PM EDT
[#12]
Quote HistoryQuoted: No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Directly AND indirectly? Cause we can work around that. |
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Posted: 9/7/2022 8:09:11 PM EDT
[#13]
Quote HistoryQuoted: Powell said pain is coming. And I take him at his word. Quote HistoryQuoted: Quoted: Quoted: Well I was wrong last time but I’ll take the other side of that. As the recession wears on and biden drains the national reserve, oil has dropped to $81. That really drives inflation a lot. Yes it’s still up and especially food (holy shit I paid almost $7 for a gal of milk last week) I think they’re throwing everything they’ve got at the midterms and will fudge the numbers to look like inflation is down and the fed has got it under control. I’m guessing half a point and the market runs up before the election. While gas is down, vehicles. rent, and mortgages are big up. Powell isn’t going to back down no matter how much Wall Street cries. Money has to be sucked out. Pain has to flow. Powell said pain is coming. And I take him at his word. Yeah. He isn't making it a secret. So, the time to be a big fat bull was the declining rate environment especially the last several years. I admit I missed out on making as much as I could have because of my pessimism and frankly disbelief that the fed would continue printing money. And lowering rates more and more and more. But here we are. Inflation is starting to eat people alive. The Fed is flat out saying they are withdrawing liquidity to fight inflation and will continue to do so even if it causes pain and it will be painful. We had a one month drip drop in CPI. PPI, which doesn't manifest for three to six months is awful, and all that means is we aren't going to see inflation meaningfully reduce for probably a year. In the meantime rates will continue to rise. We are not in a declining rate environment any more. Glib carelessness is one way to live life. In the meantime I guess I will exercise caution. |
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Posted: 9/7/2022 8:14:13 PM EDT
[#14]
Quote HistoryQuoted: Directly AND indirectly? Cause we can work around that. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Directly AND indirectly? Cause we can work around that. Yeah. But I’m not stupid enough to trigger a demand event or invite the man into my life. |
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Posted: 9/7/2022 8:23:35 PM EDT
[#15]
Quote HistoryQuoted: Yeah. But I’m not stupid enough to trigger a demand event or invite the man into my life. |
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Posted: 9/7/2022 8:24:21 PM EDT
[#16]
Quote HistoryQuoted: No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Crypto to the moon! |
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Posted: 9/7/2022 8:26:50 PM EDT
[#17]
Quote HistoryQuoted: Crypto to the moon! Quote HistoryQuoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: Quoted: This didn’t age well. Lol. Neither will yours. There's another leg down on the way. The FED is just beginning to suck liquidity out of the market. All of this fake money has to come out of the market for it to reach a true valuation. https://www.ar15.com/media/mediaFiles/422/Screenshot__39_-2517904.png Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I’ll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I’m plenty liquid. But it has been a bull on coke. Now we need to detox it. Problem is its going to be worse than a bull in a china shop as it detoxes. Wrecks everything. That would be awesome. More buy low. As long as the place your income comes from isn’t effected. Why up you sbloc? To buy more? Because I restricted it too low. I give zero fucks if I lose my job. I’d have people beating down my door to employ me. Or just retire. Oh shit! Look at you all important and stuff…lol. But seriously, are you borrowing against your portfolio that is already borrowed money to buy more stocks? Cause thats rock star shit. I’m in. But I’d wait. No where near the bottom yet.(which means moar profit) No. The SBLOC while it is a margin line of credit, funds cannot be used to buy securities. I had to fill out all kinds of paper work to open it. The check boxes of “general liquidity”, “funds will not be used to purchase securities”, etc. Crypto to the moon! Thanks!!! That’s not a security so I can use the funds for that!! Thanks bro! 
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Posted: 9/7/2022 8:29:29 PM EDT
[#18]
Quote HistoryQuoted: Yeah. He isn't making it a secret. So, the time to be a big fat bull was the declining rate environment especially the last several years. I admit I missed out on making as much as I could have because of my pessimism and frankly disbelief that the fed would continue printing money. And lowering rates more and more and more. But here we are. Inflation is starting to eat people alive. The Fed is flat out saying they are withdrawing liquidity to fight inflation and will continue to do so even if it causes pain and it will be painful. We had a one month drip drop in CPI. PPI, which doesn't manifest for three to six months is awful, and all that means is we aren't going to see inflation meaningfully reduce for probably a year. In the meantime rates will continue to rise. We are not in a declining rate environment any more. Glib carelessness is one way to live life. In the meantime I guess I will exercise caution. Quote HistoryQuoted: Quoted: Quoted: Quoted: Well I was wrong last time but I’ll take the other side of that. As the recession wears on and biden drains the national reserve, oil has dropped to $81. That really drives inflation a lot. Yes it’s still up and especially food (holy shit I paid almost $7 for a gal of milk last week) I think they’re throwing everything they’ve got at the midterms and will fudge the numbers to look like inflation is down and the fed has got it under control. I’m guessing half a point and the market runs up before the election. While gas is down, vehicles. rent, and mortgages are big up. Powell isn’t going to back down no matter how much Wall Street cries. Money has to be sucked out. Pain has to flow. Powell said pain is coming. And I take him at his word. Yeah. He isn't making it a secret. So, the time to be a big fat bull was the declining rate environment especially the last several years. I admit I missed out on making as much as I could have because of my pessimism and frankly disbelief that the fed would continue printing money. And lowering rates more and more and more. But here we are. Inflation is starting to eat people alive. The Fed is flat out saying they are withdrawing liquidity to fight inflation and will continue to do so even if it causes pain and it will be painful. We had a one month drip drop in CPI. PPI, which doesn't manifest for three to six months is awful, and all that means is we aren't going to see inflation meaningfully reduce for probably a year. In the meantime rates will continue to rise. We are not in a declining rate environment any more. Glib carelessness is one way to live life. In the meantime I guess I will exercise caution. 35 years of declining interest rates brought us to this point. And now the can can’t be kicked. Unless we go full Venezuela. |
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Posted: 9/7/2022 9:15:20 PM EDT
[#19]
Quote HistorySo, buy time?
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Posted: 9/7/2022 9:47:45 PM EDT
[#20]
Quote HistoryQuoted: So, buy time? Quote HistoryQuoted: So, buy time? 
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Posted: 9/7/2022 10:43:34 PM EDT
[#21]
Quote HistoryQuoted: I just keep on buying, regardless of market conditions... Quote HistoryQuoted: Quoted: So, buy time? This is the way. |
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Posted: 9/7/2022 10:46:15 PM EDT
[#22]
Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck.
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Posted: 9/7/2022 10:51:28 PM EDT
[#23]
Quote HistoryQuoted: Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck. Its a good company but no way demand remains as high as it was. Esp with lack of interest from ethereum miners due to transitioning away from proof of work, and most people already having got their cards. Nvidia was artificially high. For a multitude of reasons. |
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Posted: 9/7/2022 10:56:11 PM EDT
[#24]
Quote HistoryQuoted: Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck. IDK why you do things like that. You have a sell button, use it. |
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Posted: 9/7/2022 11:00:14 PM EDT
[#25]
Quote HistoryQuoted: Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck. You misspelled AMD |
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Posted: 9/7/2022 11:04:04 PM EDT
[#26]
Quote HistoryQuoted: IDK why you do things like that. You have a sell button, use it. Quote HistoryQuoted: Quoted: Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck. IDK why you do things like that. You have a sell button, use it. Stops also exist for a reason. I learned that the hard way myself. |
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Posted: 9/7/2022 11:07:19 PM EDT
[#27]
I love spidey posts.
Can't you be a doomer and a bull? Spend a few k on emergency stuff over the course of a few years Think and prepare for unanticipated situations Minimize bad debt as a percentage of take home income Have a robust emergency fund Invest in yourself and your professional "worth" Maximize your investment into diverse assets, real-estate, the market, ect Being a doomer is cheap. Save 6 months of emergency funds. Spend a few k on essential supplies. Otherwise be a bull |
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Posted: 9/7/2022 11:08:43 PM EDT
[#28]
Quote HistoryQuoted: IDK why you do things like that. You have a sell button, use it. Quote HistoryQuoted: Quoted: Nvidia stock has bent me over without any lube, but as others have said, I keep buying with every paycheck. IDK why you do things like that. You have a sell button, use it. True, I do need to get better about selling. 
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Posted: 9/8/2022 9:20:37 AM EDT
[#29]
If it is indeed the end of the world, the doomers need to buy SPXS
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Posted: 9/8/2022 9:30:58 AM EDT
[#30]
Powell speaking right now. Honk honk.
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Posted: 9/8/2022 9:41:34 AM EDT
[#31]
Quote HistoryQuoted: Powell speaking right now. Honk honk. Lol market went up yesterday. He must speak to bring the excitement down. PAIN MUST FLOW Market go down. |
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Posted: 9/8/2022 10:16:33 AM EDT
[#32]
Quote HistoryQuoted: Powell speaking right now. Honk honk. I put gas in my car yesterday, $2.95, that's a huge drop from the highs. Nat Gas $8 Lumber $484 Crude $83 Commodities are down bigly....issues are still with the supply chain and chips and labour, I don't see how jacking rates to the moon is going to solve those three things |
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Posted: 9/8/2022 3:05:44 PM EDT
[#33]
Quote HistoryQuoted: I put gas in my car yesterday, $2.95, that's a huge drop from the highs. Nat Gas $8 Lumber $484 Crude $83 Commodities are down bigly....issues are still with the supply chain and chips and labour, I don't see how jacking rates to the moon is going to solve those three things Because the QE genie is out of the bottle and there is a way to put it back through QT. Pain will flow. Chips will become more expensive driving demand down further in all products at the end. Labor pay has to catch up with inflation already baked into the pie and corporations sitting on cash will either eat the cost or lay-off(futher driving down demand), this all buys time for the supply chain to catch up or create such deflation that onshoring is more possible in a few years. |
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Posted: 9/8/2022 6:05:53 PM EDT
[#34]
Quote HistoryQuoted: Because the QE genie is out of the bottle and there is a way to put it back through QT. Pain will flow. Chips will become more expensive driving demand down further in all products at the end. Labor pay has to catch up with inflation already baked into the pie and corporations sitting on cash will either eat the cost or lay-off(futher driving down demand), this all buys time for the supply chain to catch up or create such deflation that onshoring is more possible in a few years. Quote HistoryQuoted: Quoted: I put gas in my car yesterday, $2.95, that's a huge drop from the highs. Nat Gas $8 Lumber $484 Crude $83 Commodities are down bigly....issues are still with the supply chain and chips and labour, I don't see how jacking rates to the moon is going to solve those three things Because the QE genie is out of the bottle and there is a way to put it back through QT. Pain will flow. Chips will become more expensive driving demand down further in all products at the end. Labor pay has to catch up with inflation already baked into the pie and corporations sitting on cash will either eat the cost or lay-off(futher driving down demand), this all buys time for the supply chain to catch up or create such deflation that onshoring is more possible in a few years. You really don't have to put it back in the bottle at that velocity. The Fed should do a simple calculation on how the big price fall of hydrocarbons effects inflation. |
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Posted: 9/8/2022 6:14:04 PM EDT
[#35]
Signing paperwork to roll over wife 403b to IRA. 200k.
Buying low. Hnnnggggg @midcap We had to wait a bit till she severed service to get her out of that shit product annuity she was in as for tax purposes she used her payout into 457 and 403b so no taxes would be owed. Well technically deferred. Buy low. |
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Posted: 9/8/2022 8:29:21 PM EDT
[#36]
Quote HistoryQuoted: You really don't have to put it back in the bottle at that velocity. The Fed should do a simple calculation on how the big price fall of hydrocarbons effects inflation. Actually yes, it does have to happen at that velocity. Price stabilization is the goal. You can do it quickly or it gets away. If anything, Powell is taking it too slow. |
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Posted: 9/8/2022 8:48:45 PM EDT
[#37]
Quote HistoryQuoted: Actually yes, it does have to happen at that velocity. Price stabilization is the goal. You can do it quickly or it gets away. If anything, Powell is taking it too slow. Quote HistoryQuoted: Quoted: You really don't have to put it back in the bottle at that velocity. The Fed should do a simple calculation on how the big price fall of hydrocarbons effects inflation. Actually yes, it does have to happen at that velocity. Price stabilization is the goal. You can do it quickly or it gets away. If anything, Powell is taking it too slow. I forgot which podcast I was listening to, but they mentioned if higher inflation gets ingrained in the public psyche, it amplifies because people will continue to pull costs forward to “save” money. It spirals quickly then. |
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Posted: 9/8/2022 8:50:09 PM EDT
[#38]
Minor fluctuation.
 
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Posted: 9/8/2022 8:53:13 PM EDT
[#39]
Quote HistoryOver the long term, yes…very much so. Just your typical short lived bear. It’s when you make the most money. |
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Posted: 9/8/2022 8:59:26 PM EDT
[#40]
Quote HistoryQuoted: Signing paperwork to roll over wife 403b to IRA. 200k. Buying low. Hnnnggggg @midcap We had to wait a bit till she severed service to get her out of that shit product annuity she was in as for tax purposes she used her payout into 457 and 403b so no taxes would be owed. Well technically deferred. Buy low. OTOH, my family might appreciate a vacation this summer. |
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Posted: 9/8/2022 9:04:12 PM EDT
[#41]
Quote HistoryQuoted: I have been thinking about paying the taxes to convert my rollover IRA to a Roth IRA while the value is lower. OTOH, my family might appreciate a vacation this summer. Quote HistoryQuoted: Quoted: Signing paperwork to roll over wife 403b to IRA. 200k. Buying low. Hnnnggggg @midcap We had to wait a bit till she severed service to get her out of that shit product annuity she was in as for tax purposes she used her payout into 457 and 403b so no taxes would be owed. Well technically deferred. Buy low. OTOH, my family might appreciate a vacation this summer. Talk to a taxpro. The only reason I’m doing this is that’s been the plan all along. The 403b is in a shit annuity product with no “easy” way to convert. Now service is severed so it’s an easy rollover and there were tax advantages to wait, even though shit product. Tax bracket planning, bracket filling, etc |
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Posted: 9/8/2022 9:20:30 PM EDT
[#42]
Quote HistoryQuoted: Over the long term, yes…very much so. Just your typical short lived bear. It’s when you make the most money. Quote HistoryQuoted: Over the long term, yes…very much so. Just your typical short lived bear. It’s when you make the most money. Don’t fight the Fed.
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Posted: 9/9/2022 10:10:27 AM EDT
[#43]
BULL RUN FRIDAY!
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Posted: 9/9/2022 4:31:27 PM EDT
[#44]
Quote HistoryQuoted: BULL RUN FRIDAY! 4200 just within reach. |
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Posted: 9/9/2022 6:25:36 PM EDT
[#45]
BEAR MARKET RALLY! DEAD CAT BOUNCE.
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Posted: 9/9/2022 6:34:34 PM EDT
[#46]
Quote HistoryQuoted: BEAR MARKET RALLY! DEAD CAT BOUNCE. That’s what is so funny. I’m posting exactly what I am doing to help build wealth for all. Doomers? Nothing. Just waiting to post “see! I told you so!” Wall Street casino!!!! Hoard cash!!!! |
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Posted: 9/9/2022 7:01:57 PM EDT
[#47]
Quote HistoryQuoted: That’s what is so funny. I’m posting exactly what I am doing to help build wealth for all. Doomers? Nothing. Just waiting to post “see! I told you so!” Wall Street casino!!!! Hoard cash!!!! Quote HistoryQuoted: Quoted: BEAR MARKET RALLY! DEAD CAT BOUNCE. That’s what is so funny. I’m posting exactly what I am doing to help build wealth for all. Doomers? Nothing. Just waiting to post “see! I told you so!” Wall Street casino!!!! Hoard cash!!!!
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Posted: 9/10/2022 8:13:51 AM EDT
[#48]
Quote HistoryQuoted: That’s what is so funny. I’m posting exactly what I am doing to help build wealth for all. Doomers? Nothing. Just waiting to post “see! I told you so!” Wall Street casino!!!! Hoard cash!!!! Build wealth wisely? Why buy stocks when the trend is obviously the Fed is sucking money out of them? This is a dead cat bounce because inflation numbers are coming out next week, then the fed rate hike is a week after I think. There are some dividend stocks that weather recessions decently to not lose as much or even gain, such as energy stocks like Exxon. Buy low, sell high. We aren’t in a low yet, the housing market still has to correct, the supply chain is still crap, layoffs haven’t even begun to hit hard. |
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Posted: 9/10/2022 10:45:49 AM EDT
[#49]
Quote HistoryQuoted:
Quote HistoryQuoted: Quoted: Quoted: BEAR MARKET RALLY! DEAD CAT BOUNCE. That’s what is so funny. I’m posting exactly what I am doing to help build wealth for all. Doomers? Nothing. Just waiting to post “see! I told you so!” Wall Street casino!!!! Hoard cash!!!!
lol...cramer relies too much on the fundamentals which are always bogus. Like, share buy backs lol |
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Posted: 9/10/2022 10:37:14 PM EDT
[#50]
Quote HistoryQuoted: Think in 5-10 year chunks. Stocks are not for folks under a 5-10 year horizon. Quote HistoryQuoted: Quoted: Quoted: Short term? Likely. Long term? Not likely at all. I say again. Cash is getting eaten alive. I'll just stick to my long term strategy, the market is a long term bull. I just upped my SBLOC, I'm plenty liquid. Is your theory that a dollar of cash has a different value than a dollar of equity, and that value is positive? It's almost like the fed is trying to tame inflation or something. With 8% inflation a dollar in March 2022 is now 96 cents With 8% inflation and market performance a dollar of SPX in March 2022 is now 83 cents. Think in 5-10 year chunks. Stocks are not for folks under a 5-10 year horizon. Aren’t You under a 10 year horizon or close to it? |
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