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Y’all don’t buy a damn thing yet

Posted on 4/18/22 at 7:41 am
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41536 posts
Posted on 4/18/22 at 7:41 am
I just got a bonus at work so I funded my Roth IRA for the rest of the year so the bottom is about to fall out of the market, especially the S&P 500. Every time I put even a hundred or so into the market it falls so I’m sure me putting $5,500 in at one time will cause a global depression.

I’m really sorry for what I’m about to create. Just wait, don’t buy just yet.
Posted by Bazzatcha
Member since May 2017
743 posts
Posted on 4/18/22 at 7:48 am to
I just shorted the S&P... thanks for the tip Eddie Mush!
Posted by glorymanutdtiger
Baton Rouge
Member since Jun 2012
3786 posts
Posted on 4/18/22 at 7:50 am to
We must be related through luck
Posted by skewbs
Member since Apr 2008
2000 posts
Posted on 4/18/22 at 8:34 am to
quote:

got a bonus at work

quote:

I’m sure me putting $5,500 in at one time


Sweet sweet bonus brag bro.
Posted by frogtown
Member since Aug 2017
4992 posts
Posted on 4/18/22 at 8:38 am to
Thanks for the heads up.
Posted by TheBoo
South to Louisiana
Member since Aug 2012
4485 posts
Posted on 4/18/22 at 9:06 am to
I'm young, bring it.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
16950 posts
Posted on 4/18/22 at 9:21 am to
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41536 posts
Posted on 4/18/22 at 9:52 am to
quote:

Sweet sweet bonus brag bro.

I’m vastly overpaid for what I do (don’t tell my employer though ). I get monthly bonuses of $1,200-$1,900 then sometimes $5,000 quarterly bonuses. I’ve been paying down debt and investing bigly with those bonuses.
This post was edited on 4/18/22 at 9:52 am
Posted by Lightning
Texas
Member since May 2014
2297 posts
Posted on 4/18/22 at 10:30 am to
Soooo y'all hiring?
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41536 posts
Posted on 4/18/22 at 10:51 am to
Hell no, I don’t need any more competition
Posted by TheWiz
Third World, LA
Member since Aug 2007
11672 posts
Posted on 4/18/22 at 2:28 pm to
quote:

Soooo y'all hiring?



They will be, if you can get his post count to his employer.
Posted by tigermeat
Member since Jan 2005
3004 posts
Posted on 4/18/22 at 2:34 pm to
quote:

Every time I put even a hundred or so into the market it falls


Ain’t that the truth.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11075 posts
Posted on 4/18/22 at 2:45 pm to
That is horrible advice when stock buybacks are still at record highs on all the mega cap tech stocks and upper middle class "investors" will have their incomes supplemented if something goes wrong in the economy.
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41536 posts
Posted on 4/18/22 at 3:37 pm to
quote:

They will be, if you can get his post count to his employer.

I’m one of the best employees on their payroll with posting all the time. I think I’m ok.
Posted by just1dawg
Virginia
Member since Dec 2011
1483 posts
Posted on 4/19/22 at 2:24 pm to
If you only put in $5,500, you can add another $500 for this year. That will ensure that the market tanks.
Posted by j1897
Member since Nov 2011
3559 posts
Posted on 4/19/22 at 2:56 pm to
quote:

me putting $5,500 in at one time will cause a global depression.



Give it about... eeeeh 7 months.
Posted by tigercross
Member since Feb 2008
4918 posts
Posted on 4/19/22 at 4:12 pm to
Why didn't you do the full $6,000 contribution?
Posted by TDsngumbo
Alpha Silverfox
Member since Oct 2011
41536 posts
Posted on 4/19/22 at 4:56 pm to
I had already contributed $500 for the year. It’s fully funded now.
Posted by goodgrin
Atlanta, GA
Member since Nov 2003
5880 posts
Posted on 4/19/22 at 6:31 pm to
Bookmarked!!
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
118922 posts
Posted on 4/19/22 at 6:33 pm to
You mean, it's not just me?
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