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Author Topic: Why is the US economy booming?  (Read 3163 times)
Mike Irwin
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« Reply #75 on: October 11, 2018, 05:05:22 AM »

Yeah, between my personal holdings and my 401K, yesterday was... sporty.

Just shy of $30,000 down.
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brimic
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« Reply #76 on: October 11, 2018, 06:23:38 AM »

I down 20k in the last week in stock value and options positions... haven't looked at my 40K yet.
I'm still way ahead for the year.
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« Reply #77 on: October 11, 2018, 05:03:29 PM »

10k loss this week so far. GRRRRRR
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zxcvbob
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« Reply #78 on: October 11, 2018, 05:16:10 PM »

Are bonds down too?  Seems like they would be if interest rates rose.

I've been meaning to rebalance my 401(k).  Actually tried to last week but their computer was down or something.  Should I wait for things to settle a bit?  Or if everything is down, ir probably doesn't matter.  (Current allocation is 80% equities and 20% bonds, going to go with something like 55% equities, 35% bonds, 10% REITs)  I haven't checked the carnage yet in my accounts.
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MillCreek
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« Reply #79 on: October 11, 2018, 06:37:47 PM »

And down another $ 8K today, making it $23K over the past two days.
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MillCreek
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
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Amy Schumer
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« Reply #80 on: October 11, 2018, 06:53:38 PM »

Are bonds down too?  Seems like they would be if interest rates rose.

I've been meaning to rebalance my 401(k).  Actually tried to last week but their computer was down or something.  Should I wait for things to settle a bit?  Or if everything is down, ir probably doesn't matter.  (Current allocation is 80% equities and 20% bonds, going to go with something like 55% equities, 35% bonds, 10% REITs)  I haven't checked the carnage yet in my accounts.

I would wait.  It's not a loss until you sell.
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« Reply #81 on: October 11, 2018, 08:05:50 PM »

My 401k is down about 15K. Not really a problem yet, I've got about 15ish years to retirement. When It looks like it's bottomed out I'll pull some out of bonds and put it in index funds.
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Mike Irwin
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« Reply #82 on: October 12, 2018, 03:15:33 AM »

And my 401k is down $56,000.

Add on the loss of equity from persona holdings, it's closer to $70,000.

You all know what this means, don't you?

It's time to do some more dollar cost averaging!
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BTR
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« Reply #83 on: October 12, 2018, 05:00:05 AM »

After the market dropped, I just bought some more.  Hope that was a good idea! Lips Sealed
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Ben
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« Reply #84 on: October 12, 2018, 05:04:04 AM »

After the market dropped, I just bought some more.  Hope that was a good idea! Lips Sealed

Refer to Mike's post above yours. That and patience make you a good investor.
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brimic
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« Reply #85 on: October 12, 2018, 05:09:42 AM »



It's time to do some more dollar cost averaging!


Hellz yes.
I have put a good size chunk of my 401K contributions into TMO, which has almost doubled in price over the last 2 years. Having it lose 20 points is not necessarily a bad thing.
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« Reply #86 on: October 12, 2018, 06:08:45 AM »

After the market dropped, I just bought some more.  Hope that was a good idea! Lips Sealed

I bought also. Every two weeks I am buying, like clockwork.
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Mike Irwin
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« Reply #87 on: October 12, 2018, 08:17:04 AM »

After the market dropped, I just bought some more.  Hope that was a good idea! Lips Sealed


Well, it was a great idea during the Great Recession 2007-2009 or so.

It was a hard thing to see because my 401K dropped by almost 70 PERCENT during the worst of it...

Other people (including some here) were panicking, and more than a few sold, thus absolutely locking in a loss with no chance of recovery. Panicky monkeys were convinced that it was game over, America was falling, all we'd know from here on out would be poverty, starvation, etc., etc. You know, all the talking points for the Howler Monkeys of Doom...

Those of us who held on, kept with a strategy that didn't involve losing our marbles, recovered.

I know for me the rewards of doing so were absolutely MASSIVE.

By 2012 I had recovered everything I had "lost." By the end of 2017?


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zahc
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« Reply #88 on: October 13, 2018, 04:38:05 AM »

I usually contribute to my IRA at tax time, but I maxed it out yesterday. Prices had dropped to about what they were in June so maybe I gained a couple months.
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« Reply #89 on: October 24, 2018, 04:32:56 AM »

Down $20k as of yesterday. Grrrrr
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Iowa- 88% more livable that the rest of the US

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sumpnz
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« Reply #90 on: October 24, 2018, 05:11:19 AM »

Just traded $15k of mutual funds for Co stock.  Might add a bit more.  When the stock drops this much while posting record revenue, profit and market share it's clearly not justified on the fundamentals.  I'd figure on a good chance of 30-40% gains over the next 6-12 months.  Plus a likely fat special dividend in January.
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MillCreek
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« Reply #91 on: October 24, 2018, 06:09:03 AM »

The 403(b) is down $ 32K for the month so far.
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MillCreek
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
You are one lousy risk manager.
MillCreek
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« Reply #92 on: October 24, 2018, 05:56:36 PM »

After today, the 403(b) is down $46K for the month so far.
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MillCreek
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
You are one lousy risk manager.
Hawkmoon
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« Reply #93 on: October 24, 2018, 06:17:53 PM »

https://www.cnbc.com/2018/10/24/dow-poised-for-triple-digit-losses-at-the-open-after-tuesdays-500-point-recovery.html

Isn't it convenient that two weeks before the mid-term elections the economy, which has been stellar under Trump, suddenly does a nose-dive? I find that to be just too much of a coincidence to be a coincidence.
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Ben
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« Reply #94 on: October 24, 2018, 06:30:49 PM »

https://www.cnbc.com/2018/10/24/dow-poised-for-triple-digit-losses-at-the-open-after-tuesdays-500-point-recovery.html

Isn't it convenient that two weeks before the mid-term elections the economy, which has been stellar under Trump, suddenly does a nose-dive? I find that to be just too much of a coincidence to be a coincidence.

One thing I'll say about Fox Business is that as much as the rest of the MSM rags on them for being in the tank for Trump, they have ALWAYS, Obama years included, given fair and balanced business coverage. They may have ragged on Obama, but if the economy and the stock market were doing good (or bad) they talked about it in an unbiased way.

On the other hand, ever since Trump, business news outlets like CNBC and Bloomberg have I don't think once said anything good about the economy. Every day they have a story about the impending disaster. Obviously stocks are going to pull another 2008 at some point, but man, when the market is doing good, at least give the market some credit if not Trump, rather than attempting to self-fulfill a crash prophecy.

Not that I mind investing more every time the sheep bleat. 
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Amy Schumer
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« Reply #95 on: October 31, 2018, 09:59:49 AM »

Wages are beginning to rise.

https://twitchy.com/dougp-3137/2018/10/31/ruh-roh-dems-will-be-scrambling-to-dump-cold-water-on-this-latest-proof-of-a-hot-economy/
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Some days even my lucky rocketship underpants won't help.


Bring me my Broadsword and a clear understanding.
Get up to the roundhouse on the cliff-top standing.
Take women and children and bed them down.
Bless with a hard heart those that stand with me.
Bless the women and children who firm our hands.
Put our backs to the north wind.
Hold fast by the river.
Sweet memories to drive us on for the motherland.
MillCreek
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« Reply #96 on: November 01, 2018, 06:18:08 AM »

So with the rally the last couple days of October, my 403(b) was down a total of $ 36K for the month.  At one time, it was down $ 57K for the month.
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MillCreek
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Quote from: Angel Eyes on August 09, 2018, 01:56:15 AM
You are one lousy risk manager.
BTR
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« Reply #97 on: November 01, 2018, 07:51:35 AM »

Good thing I am a long way from retirement.

I don't have to care about stuff like this! 
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