Go | New | Find | Notify | Tools | Reply | |
| Member |
Thanks Joe. I'll probably lose more. I know it bounces back but I'm getting old.  | ||
|
Master-at-Arms |
I hear ‘ya, but the losses aren’t as bad as they were at the opening bell. My retirement horizon is realistically 3-4 yrs. This shits got to be solid by then! Foster's, Australian for Bud | |||
|
His Royal Hiney |
Friday, when the market was definitely moving, I sold most of my equities and my portfolio went from 66% equity/34% fixed income to 6% equity/ 94% fixed income and most of that is 3 month treasuries (XBIL). I didn’t play with VIX. I’ve seen this play before and I didn’t want to be left in the theater after the place has burned down. I couldn’t even log in on my brokerage account. I imagine they are slammed. "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
|
| Serenity now! |
Schwab? Same here.. Think I'm down 20k here.. ------------------------------------------------ 9/11/01 Never Forget "In valor there is hope" - Tacitus | |||
|
Shall Not Be Infringed |
Buckle Up...  ____________________________________________________________ If Some is Good, and More is Better.....then Too Much, is Just Enough !! Trump 2024....Make America Great Again! "May Almighty God bless the United States of America" - parabellum 7/26/20 Live Free or Die! | |||
|
| Member |
Yes, Schwab website is having issues today. | |||
|
| His Royal Hiney |
You guys saying it’s only Schwab? That doesn’t sound good for Schwab stock. They were having financial issues before this even buying Ameritrade. But, yes, I couldn’t log in to Schwab. I think smart money says, “keep your money in the market. Ride it down because it will come up again.” The market isn’t going down because of all the Joe Schmos selling their stock. It’s the smart money heading out the exit doors telling everybody else to stay put because they don’t want a crowd at the doors. "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
|
| No, not like Bill Clinton  |
Not selling, may buy though | |||
|
| Member |
I'm seeing that Fidelity and others are also having issues. | |||
|
| Member |
There is another thread, I didn't realize what the dip meant. | |||
|
| No More Mr. Nice Guy |
My losses today are minimal except physical silver. But silver prices are very volatile and manipulated, at least in the short term. The fundamentals remain solidly in favor of silver imho. For those people 10+ years from retirement, just ignore the market. Keep investing regularly into a well diversified portfolio. Seriously, pay no attention whatsoever to the market. About 3 years prior to retirement is the time to start segregating cash for a few years living expenses in retirement (bonds, money market) and rebalance the portfolio towards more safety. Jmho, ymmv, etc. | |||
|
| Member |
For the last four years the markets surged on the possibility of a Trump victory. One or two polls put Kamala above by 1 point and people panic. Just ignore the noise and check back in a decade or two from now. | |||
|
| Little ray of sunshine  |
What would JAllen say? The fish is mute, expressionless. The fish doesn't think because the fish knows everything. | |||
|
Keeping the economy moving since 1964 |
Loss on paper or did you sell stocks and take a loss? ----------------------- You can't fall off the floor. | |||
|
| Member |
Time in the market is better than trying to time the market. The last time everyone thought they should get out if you stayed in your money has doubled in 5 years with the S&P 500. In 2022 the market was down overall. In 2023 the market was up 27% This year the market was up 18%. | |||
|
| Victim of Life's Circumstances  |
Shakes out the weak hands. Assume you have a good profit you are trying to protect so you sell - Boom - 20% of your profit goes to Uncle Sam to waste. And how are you going to know when to get back in - most typically miss the lows? Market timing will get you patches on your britches. ________________________ God spelled backwards is dog | |||
|
Member |
I picked up a little gold this morning. Yeah, I ain't opening the app. If you're benchmarking from last week, it doesn't feel good but for the year, it's still positive. I learned my lesson in 2008. I learned to be more Vulcan and find something else to worry about. | |||
|
Ammoholic |
I'm only down $30k or so, no big deal.  That stings a bit. Good thing I'm not retiring for a while. Luckily I sold any crypto I had a few months back. Jesse Sic Semper Tyrannis | |||
|
| Member |
Paper I suppose. I don't know anything about buying, selling constantly. I leave it alone. When I retired I had three 401k, my brother helped me put it all in Vanguard. The last two years averaged 17 percent. I'll be alright. Just talked to my Cousin, he's down 80k. | |||
|
| His Royal Hiney |
I sold stocks on Friday and kept my gains. So there's that. Now, I'm in hopeful anticipation for a correction or a big downturn to buy in. "It did not really matter what we expected from life, but rather what life expected from us. We needed to stop asking about the meaning of life, and instead to think of ourselves as those who were being questioned by life – daily and hourly. Our answer must consist not in talk and meditation, but in right action and in right conduct. Life ultimately means taking the responsibility to find the right answer to its problems and to fulfill the tasks which it constantly sets for each individual." Viktor Frankl, Man's Search for Meaning, 1946. | |||
|
| Powered by Social Strata | Page 1 2 3 4 |
 | Please Wait. Your request is being processed... |
|
© SIGforum 2024