So are people putting their money back in the market? | TigerDroppings.com

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LaFBfan
Washington Fan
Baton Rouge
Member since Jan 2013
651 posts

So are people putting their money back in the market?


are we over the worst times? since the dow hit a new high, we have to be over the shitty times huh? Ive held onto a chunk of change in a savings account for a few years now...good news is I havent lost a nickel...but I really am thinking of diving in soon...and who are some good firms in the BTR area?






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Chad504boy
New Orleans Saints Fan
Five Oh Four
Member since Feb 2005
79285 posts

re: So are people putting their money back in the market?


you supposed to put in during the bad times not the good times.





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jmtigers
Southern Miss Fan
1826.71 miles from USC
Member since Sep 2003
3597 posts

re: So are people putting their money back in the market?


Or you can put in all the time.





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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11715 posts

re: So are people putting their money back in the market?


quote:

are we over the worst times? since the dow hit a new high, we have to be over the shitty times huh? Ive held onto a chunk of change in a savings account for a few years now...good news is I havent lost a nickel...but I really am thinking of diving in soon...and who are some good firms in the BTR area?



Probably haven't gained a nickle either. Meanwhile, if that money had been in the market 3 1/2 years ago when everyone was shitting their pants and jumping off balconies, you'd have an accumulated return of around 55%. STOP WATCHING THE NEWS






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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6126 posts

re: So are people putting their money back in the market?


quote:

Probably haven't gained a nickle either. Meanwhile, if that money had been in the market 3 1/2 years ago when everyone was shitting their pants and jumping off balconies, you'd have an accumulated return of around 55%. STOP WATCHING THE NEWS


Being 37 I agree. But had I worked 40 years, retired, and lost 55% of everything I contributed over 40 years, the balcony looks a little more tempting






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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11715 posts

re: So are people putting their money back in the market?


quote:

Being 37 I agree. But had I worked 40 years, retired, and lost 55% of everything I contributed over 40 years, the balcony looks a little more tempting


I see your point, but I'm gonna play devil's advocate here.

If people had contributed for 40 years, they didn't lose 55% of their contributions, maybe 55% of their gains (if they had shitty advisers). And, within a year, they would have re-cooped around 30%. And now, even with inflation, would be back to almost where they were before the crash, assuming they continued to take the same distributions. If they left it alone, they'd be at all time highs.






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ItNeverRains
LSU Fan
Franklin, TN
Member since Oct 2007
6126 posts

re: So are people putting their money back in the market?


Semantics on contributions vs gains, but losing even 35-40% of what you thought you had saved & now switching to a fixed income lifestyle is a huge scary kick in the gut.

Of course now it looks fine, hindsight is always 20/20.






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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
29586 posts

re: So are people putting their money back in the market?


Never left the market.





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elposter
Alabama Fan
South Carolina
Member since Dec 2010
7737 posts
 Online 

re: So are people putting their money back in the market?


quote:

held onto a chunk of change in a savings account for a few years now...good news is I havent lost a nickel


You kind of have. Inflation and lost opportunity costs and all that.

quote:

but I really am thinking of diving in soon


Certainly a risk that you are buying high right now, but it you are young and want to buy and hold for the long term at some point you just have to get in.






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Maniac979
LSU Fan
The Great State of Texas
Member since Jan 2012
400 posts

re: So are people putting their money back in the market?


(no message)


This post was edited on 3/13 at 4:45 pm


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RedStickBR
LSU Fan
Member since Sep 2009
9997 posts

re: So are people putting their money back in the market?


How many "advisers" do you know who had the foresight to pull people out of the market in 07/08?


This post was edited on 3/7 at 4:28 pm


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Vols&Shaft83
Tennessee Fan
Member since Dec 2012
11715 posts

re: So are people putting their money back in the market?


quote:

How many "advisers" do you know who had the foresight to pull people out of the market in 07/08?



Did I say they had the foresight to pull people out of the market in 07/08?


Would a decent adviser inform an investor that the WORST THING to do during a stock market crash is to panic and sell?



Occupy My Balls



This post was edited on 3/7 at 4:44 pm


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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80150 posts

re: So are people putting their money back in the market?


quote:

So are people putting their money back in the market?


I started putting my money back into the market in February, 2009






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StrangeBrew
LSU Fan
Salvation Army-Thanks Obama
Member since May 2009
13434 posts

re: So are people putting their money back in the market?


quote:

I started putting my money back into the market in February, 2009


Man that was spot on!






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LawLessTyGer
LSU Fan
Bay of Ponchartrain
Member since Jan 2009
687 posts

re: So are people putting their money back in the market?


I have been on the sideline minus a few minor investments I made in late '09 :

Still awaiting the next correction, and wondering it will ever happen






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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80150 posts

re: So are people putting their money back in the market?


This thread is evidence that people are starting to get greedy again. After I saw it earlier today I sold some major holdings. I'm never 100% cash but I am about 70% cash as of today.





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LawLessTyGer
LSU Fan
Bay of Ponchartrain
Member since Jan 2009
687 posts

re: So are people putting their money back in the market?


I'm ready for another one of your all in moments, thinking I just might ride your coat tails







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LSURussian
LSU Fan
Baton Rouge
Member since Feb 2005
80150 posts

re: So are people putting their money back in the market?


I may have used up all of my luck with that February, 2009 prediction! But even if I did, it was a very profitable lucky call.





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LSUtoOmaha
LSU Fan
Nashville
Member since Apr 2004
21042 posts

re: So are people putting their money back in the market?


Right now, 100% of my 401k is in a 2045 Retirement Target Fund. I think I may reallocate half into a money market account within the 401k for a while.





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slackster
LSU Fan
Houston
Member since Mar 2009
6044 posts

re: So are people putting their money back in the market?


quote:

Right now, 100% of my 401k is in a 2045 Retirement Target Fund. I think I may reallocate half into a money market account within the 401k for a while.


Why?

You are 32 years away from the target date of that fund. Why would you try and time the market right now? Are you retiring tomorrow? When will you get back into the market? If you have a fool-proof system, I'm all ears...






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