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re: Your 401K is getting destroyed

Posted on 6/13/22 at 4:45 pm to
Posted by EA6B
TX
Member since Dec 2012
14754 posts
Posted on 6/13/22 at 4:45 pm to
quote:

only dumb*sses. In December, the signs (war, inflation, interest rates, labor and supply shortages, etc) were screaming at us to get out of the market. Those who didn't listen are either ignorant or greedy.


You should have posted a warning for us dumb asses back in November. Since I started reading the TD Money board in 2008 not a single person that has predicted a market crash has been correct, and for those that supposedly got it right they only seem to post about it after it happened.
Posted by notiger1997
Metairie
Member since May 2009
59311 posts
Posted on 6/13/22 at 5:42 pm to
quote:


You should have posted a warning for us dumb asses back in November. Since I started reading the TD Money board in 2008 not a single person that has predicted a market crash has been correct, and for those that supposedly got it right they only seem to post about it after it happened.




Bingo!

There are some on there that have been predicting a crash for 8 years now.
Posted by tide06
Member since Oct 2011
12550 posts
Posted on 6/13/22 at 5:46 pm to
quote:

Since I started reading the TD Money board in 2008 not a single person that has predicted a market crash has been correct, and for those that supposedly got it right they only seem to post about it after it happened.

You don’t remember all the threads warning about a downturn when the feds turned off the QE spigot?

Half that board lost their minds at the mere suggestion that hard times could be ahead.

The next hard lesson coming is in real estate.
Posted by Tigris
Cloud Cuckoo Land
Member since Jul 2005
12598 posts
Posted on 6/13/22 at 6:02 pm to
quote:

Since I started reading the TD Money board in 2008 not a single person that has predicted a market crash has been correct


horseshite. The Money Board was really good in the 2008-2009 crash. Jersey Tiger in particular, others including Colonel Hapablap and Milehigh to dredge up two names I can think of. But Jersey Tiger made a post about a collapsing municipal bond fund that made a lot of money for anyone that paid attention. For a while the Money Board was ruled by the anarchists, and it was greatness in spite of the blood in the markets. Nobody there currently learned anything.
Posted by greenbean
USAF Retired - 31 years
Member since Feb 2019
5062 posts
Posted on 6/13/22 at 6:49 pm to
quote:

You should have posted a warning for us dumb asses back in November. Since I started reading the TD Money board in 2008 not a single person that has predicted a market crash has been correct, and for those that supposedly got it right they only seem to post about it after it happened.


No one should have needed to tell you to get out, look at the signals that were blaring. I know nothing about charts, SPY or any of that crap, but even I could tell what was coming.
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