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re: DJ down 550 today and over 1000 on the week, is it starting?
Posted on 2/5/18 at 12:41 pm to YoungManOldMan
Posted on 2/5/18 at 12:41 pm to YoungManOldMan
quote:
I do. I just play around with a few thousand dollars. I'm just wondering under what conditions would a stock trading at $60 now, trades for less than that 5-10 years from now, would you make any money other than say a dividend. If it splits?
I am confused. Are you asking if you buy a stock for $60 and it goes down to $48, how would you make money?
BTW, splits do nothing to change the value of the investment.
Posted on 2/5/18 at 12:42 pm to YoungManOldMan
A split means nothing at all
Posted on 2/5/18 at 12:43 pm to YoungManOldMan
What if when you bought it you invested the dividends back into the stock and bought more shares? Happens all the time.
By the way dividends reduce share price
By the way dividends reduce share price
Posted on 2/5/18 at 12:45 pm to Janky
quote:
I am confused. Are you asking if you buy a stock for $60 and it goes down to $48, how would you make money?
The point is you invest at all time highs. It remains all time highs. Your chances of losing money is essentially higher then at any other point in that stocks price. Investing at all time highs is your bet that price of that stock has no ceiling. How often does that happen?
Posted on 2/5/18 at 12:46 pm to YoungManOldMan
All the time otherwise there would never be new all time highs.
Posted on 2/5/18 at 12:46 pm to YoungManOldMan
quote:
The point is you invest at all time highs. It remains all time highs.
You do realize that every all time high happens after there was previously an all time high, correct?
Posted on 2/5/18 at 12:49 pm to YoungManOldMan
Ask people that sat on the sidelines when they thought Amazon was too high at $100, $200, etc
Posted on 2/5/18 at 12:53 pm to stout
I bought Amazon at 999.00. I regret not buying it earlier.
Posted on 2/5/18 at 2:26 pm to Latebloomer
This is pretty crazy. Bought TVIX and was +28% one second, I went to take a piss, and then I was -5% by the time I got back.
Posted on 2/5/18 at 2:27 pm to Latebloomer
MOTHER frickER! I just noticed this.
I'm 32 years old. Should I go ahead and transfer my Vanguard S&P 500 index fund to a bond fund instead right now or should I just ride this out?
This is in my Roth IRA, FTR.
I'm 32 years old. Should I go ahead and transfer my Vanguard S&P 500 index fund to a bond fund instead right now or should I just ride this out?
This is in my Roth IRA, FTR.
Posted on 2/5/18 at 2:28 pm to GREENHEAD22
quote:
Is this the start to the correction?
It's a little bit of a panic - computer driven cycle at this point. Let's face it, the market, overall, was overbought - the numbers are so big, it looks gigantic, but even a 20% drop wouldn't be catastrophic - the tax cut money is about to hit paychecks, in a few months (at worst), we'll start up the next bull run.
Right?
Posted on 2/5/18 at 2:28 pm to TDsngumbo
I’m not touching my IRA but I just sold out my S&P index fund that was essentially my emergency fund
Posted on 2/5/18 at 2:30 pm to Ace Midnight
quote:
It's a little bit of a panic - computer driven cycle at this point. Let's face it, the market, overall, was overbought - the numbers are so big, it looks gigantic, but even a 20% drop wouldn't be catastrophic - the tax cut money is about to hit paychecks, in a few months (at worst), we'll start up the next bull run.
Stick your dick in the ground and pray for rain.
Posted on 2/5/18 at 2:31 pm to Janky
Forgive me, I'm not big into investing. I just have a Roth IRA with the majority of it tied to the S&P 500 index. I invest a bit each month into it and never really pay attention otherwise.
What's happening to cause this massive selloff? Should I be concerned? Should I make any adjustments?
What's happening to cause this massive selloff? Should I be concerned? Should I make any adjustments?
Posted on 2/5/18 at 2:33 pm to TDsngumbo
quote:
Should I make any adjustments?
buy the drop
Posted on 2/5/18 at 2:33 pm to TDsngumbo
Just do what you’re doing and don’t worry about fluctuations. Absent luck, you’ll be better off in the long run by never touching it.
Posted on 2/5/18 at 2:35 pm to TDsngumbo
WTF you aren't retiring tomorrow. Ride this shite out
Posted on 2/5/18 at 2:37 pm to TigerTatorTots
quote:
WTF you aren't retiring tomorrow. Ride this shite out
That's what I was thinking as well. I pulled what little bit I had in the market out in the crash of 2008 and I've regretted it ever since. It would've increased tenfold by now had I left it in back then. Don't want to make the same stupid mistake again.
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