Igy, in the final analysis, in reference to said market correction, some of us used it to load up massively on the market leaders, and in my case: Tech.
Enough said.
Igy, in the final analysis, in reference to said market correction, some of us used it to load up massively on the market leaders, and in my case: Tech.
Enough said.
what happens this week wrote:
There's real complacency on the coronavirus risks. The market should be down just based on all the supply chain disruption and shutdowns. If there were more transparency I'd feel better.
In a bubble nothing matters. All rationality is thrown out. Today it is far worse with Fed intervention, flows to index funds, massive debt, and algorithmic trading. You could not engineer a worst set-up.
Oh well.
seattle prattle wrote:
Igy, in the final analysis, in reference to said market correction, some of us used it to load up massively on the market leaders, and in my case: Tech.
Enough said.
Funny.
You and every index fund out there.
You are herding with everyone else.
Nothing special.
Actually foolish.
Oh well.
I share some of these same concerns, and am slowly taking a little of my profits on the up days. Just started that today, and so far, miniscule amounts, but locking in some gains is not a bad idea at this point.
* Note that my last comment was made regarding bubble valuations, not on your subsequent post about tech investing.
Maserati wrote:
Watching virus developments closely.
I’m not a worrier. This bug has me worried. Not for the markets, but for how it will continue to race around the world.
Igy, I have no illusions this market will last. I’m pretty sure most of us on here recognize that, and we each have to make our own personal decisions what that means for us.
Ghost of Igloi wrote:
AMZN 12/24/2018. $1,307.00
MSFT 12/17/2018 $97.23
AAPL 12/31/2018 $142.00
FB 12/17/2018 $123.42
Mild market correction.
Good luck when things get really bad.
“Of course that won’t happen. These companies are special.”
Then this message is for your children.
Enough said.
My children are thrilled with this bull market. They will ultimately reap the awards of my investments.
the idiot wrote:
Maserati wrote:
Watching virus developments closely.
I’m not a worrier. This bug has me worried. Not for the markets, but for how it will continue to race around the world.
Igy, I have no illusions this market will last. I’m pretty sure most of us on here recognize that, and we each have to make our own personal decisions what that means for us.
Market history is investors don’t act, whether they recognize it or not.
Seattle asked my opinion.
J. Hardy wrote:
Ghost of Igloi wrote:
AMZN 12/24/2018. $1,307.00
MSFT 12/17/2018 $97.23
AAPL 12/31/2018 $142.00
FB 12/17/2018 $123.42
Mild market correction.
Good luck when things get really bad.
“Of course that won’t happen. These companies are special.”
Then this message is for your children.
Enough said.
My children are thrilled with this bull market. They will ultimately reap the awards of my investments.
I doubt it. Instead they will look back “what were they thinking.”
Ghost of Igloi wrote:
J. Hardy wrote:
My children are thrilled with this bull market. They will ultimately reap the awards of my investments.
I doubt it. Instead they will look back “what were they thinking.”
Ah, I don't think so. Seriously, I really, really do not think so.
Ghost of Igloi wrote:
J. Hardy wrote:
My children are thrilled with this bull market. They will ultimately reap the awards of my investments.
I doubt it. Instead they will look back “what were they thinking.”
Too late for that. We’re not all as stupid as you think we are.
J. Hardy wrote:
Ghost of Igloi wrote:
I doubt it. Instead they will look back “what were they thinking.”
Too late for that. We’re not all as stupid as you think we are.
Perhaps for you and Seattle. What did you do Q4 2018? Compound that over 2-3 years. How would you and your children feel then? The response of investor’s children would be “what were they thinking?”
Ghost of Igloi wrote:
J. Hardy wrote:
Too late for that. We’re not all as stupid as you think we are.
Perhaps for you and Seattle. What did you do Q4 2018? Compound that over 2-3 years. How would you and your children feel then? The response of investor’s children would be “what were they thinking?”
I prefer to look at the big picture. I’m not stupid.
Ghost of Igloi wrote:
J. Hardy wrote:
Too late for that. We’re not all as stupid as you think we are.
Perhaps for you and Seattle. What did you do Q4 2018? Compound that over 2-3 years. How would you and your children feel then? The response of investor’s children would be “what were they thinking?”
Igy, I've survived at least three such downturns. And came out on the other side in better shape each time, given enough time. And i believe my heir will recognize the wisdom in sticking with the market long term.
seattle prattle wrote:
Ghost of Igloi wrote:
I doubt it. Instead they will look back “what were they thinking.”
Ah, I don't think so. Seriously, I really, really do not think so.
OK.
https://www.advisorperspectives.com/dshort/updates/2020/01/27/world-markets-updatewhat is that meant to demonstrate? It clearly shows that the longer time frame one considers, the better the market has performed. And FWIW, the SNP 500 is about flat ytd., not that that has anything to do with what we are talking about....
Seattle and Hardy,
OK. The point is it is impossible for investors to avoid a downturn. Perhaps the next twenty years will not be like the last where investor returns were under 3%. Maybe far worse where the ten year compounded return is a negative number. Hard to imagine the rosy view you have will be realized:
Aging population, end of Fed support, massive debt, and $Trillion annual deficits. Hope your children do well.
Igy
Ghost of Igloi wrote:
Seattle and Hardy,
OK. The point is it is impossible for investors to avoid a downturn.
Igy
Define “investors”. Of course, someone is going to be holding when the markets crash. Your mistake is assuming that (most of) us have not accounted for that. People do sell at a profit, you know.
Ghost of Igloi wrote:Such bubble B.S. On a GAAP basis the company was -27% less profitable quarter over quarter, and -25% less profitable on a year over year basis. I can’t believe the gullibility of investors. Look for yourself, oh and get past the slick presentation and look at the numbers.
Don't get me wrong Igy, I didn't mention TSLA as a great investment idea, I recognize we're witnessing something bizarre and the bottom is almost assuredly going to fall out. I can't make myself look at any "slick presentation" or otherwise, I wouldn't believe a word of it.
I'm not sure that hanging on to a piece of TSLA makes me "gullible" (your words), if I choose to roll the dice knowing that the chances of it doubling in the next year are on the same order as it losing 90% or more. If I lose all of it, I lose about 1% of my tiny nest egg...
seattle prattle wrote:...FWIW, the SNP 500 is about flat ytd.,.
Now who's cherry-picking valuation dates... :-)
SP500 ONLY looks flat if you look at it YTD. It doesn't look flat in the rear view mirror on any other longer time scale, even if only a couple of months, over which time it has screamed onward and upward...