Just reading all these posts, and a few things come to mind: first, I agree that the primary purpose of investing is to make money, but the real point is over what timeframe, and what time-distribution function. Without that specificity, the statement has essentially no content.
To the subject of beating all the time, I know a guy who has beat since the mid-80’s, when averaged over 3-year time periods—that is, his 3-year performances since 1982 have all beaten the SP500. And yes, he has money, but never wagered more than 10% on the markets. His initial working capital came from a home equity loan at something like 14%!
What you do in retirement and in the few years leading up to retirement really depends on two things:
1) How much money you have invested for retirement.
2) Your expenses, including all planned extras (traveling, supplemental health insurance, etc.)
Let's say you have $10 million for your retirement. If you are debt free and live in a house you own, and you aren't spending anywhere near crazy amounts of money, it doesn't really matter what the stock market does. Would it be fun if the market lost 60% of its value? No, but you then use cash reserves to get you past that time and let your stocks recover. Or, in that case, so what even? It takes next to no income to survive if you have no debt and a place to live. So, take 2% out until the market recovers. 2% of $4 million is still $80,000. If you and a spouse can't live on that while being debt free, ESPECIALLY if there might be SS money on top of that, then there's something wrong.
GDP Now up to +1.5% and has been rising steadily for a month.
which suggests business conditions are improving. Bullish, I suppose, unless the Fed looks at that says 'we have to shut this thing down ASAP and goes all Volcker on us. That would not be bullish. To some degree stocks might do better if growth started to slow.
You may want to look into whether you are allowed to option non-covered positions even in your Roth. If so, some plan to mitigate your risk would be wise. Currently you are driving a 1959 Corvair at 80 mph without seat belts. Unsafe at any speed.
I have options enabled in my Roth at Fidelity. I've traded calls and puts a few times last year for fun. Hit big once but mostly lost the rest of the time so I stopped.
Man when is the market going to stop pumping? Everyday it goes up a lot.
You may want to look into whether you are allowed to option non-covered positions even in your Roth. If so, some plan to mitigate your risk would be wise. Currently you are driving a 1959 Corvair at 80 mph without seat belts. Unsafe at any speed.
I have options enabled in my Roth at Fidelity. I've traded calls and puts a few times last year for fun. Hit big once but mostly lost the rest of the time so I stopped.
Man when is the market going to stop pumping? Everyday it goes up a lot.
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
In regards to the market action, speculation in TWTR and ARKK after Musk reveals 9.5% stake in TWTR. Same deal, folks believe in the unlikely outcome. Personally just add to my shorts and sell on the next down day.
A good day for me by the numbers, even trbcx showing some life, hopefully will keep my blood pressure down for my early-morning annual physical tomorrow.
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
MS is known to restrict a lot of what their employees are allowed to offer. I think we all know why. One can typically find a wider range of opportunities elsewhere.
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
MS is known to restrict a lot of what their employees are allowed to offer. I think we all know why. One can typically find a wider range of opportunities elsewhere.
well it's starting to happen...the vanguard total bond index ETF just paid its highest april dividend in 3 years. it's a slow process but as we go along here the bond funds that have lost so much NAV will start to earn that back in higher dividend payments.
Six of eight indexes on our world watch list posted losses through April 4, 2022. The top performer is India's BSE SENSEX with a YTD gain of 4.05%. London's FTSE 100 is in second with a gain of 2.36%, and Tokyo's Nikkei 225 is in third with a loss of 3.67%. Coming in last is China's Shanghai with a loss of 9.81% YTD.
Six of eight indexes on our world watch list posted losses through April 4, 2022. The top performer is India's BSE SENSEX with a YTD gain of 4.05%. London's FTSE 100 is in second with a gain of 2.36%, and Tokyo's Nikkei 225 is in third with a loss of 3.67%. Coming in last is China's Shanghai with a loss of 9.81% YTD.
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
MS is known to restrict a lot of what their employees are allowed to offer. I think we all know why. One can typically find a wider range of opportunities elsewhere.
I’ve heard some rumblings. It is a business and they are in it to make money. It would be nice if they more interested in their clients than themselves though. If so, it could work out better for both parties. They are not the only ones that could learn that lesson.
MS is known to restrict a lot of what their employees are allowed to offer. I think we all know why. One can typically find a wider range of opportunities elsewhere.
I’ve heard some rumblings. It is a business and they are in it to make money. It would be nice if they more interested in their clients than themselves though. If so, it could work out better for both parties. They are not the only ones that could learn that lesson.
Funny, you are so stupid. Actually it is to protect people from losing money, like what happened to Noob, and all the investors at Robinhood.
But you are an obsessed Troll, and I will keep blocking all the harassing registered handles you so insanely created.
SARK and all my market shorts are doing great today, by the way. 😷
I’ve heard some rumblings. It is a business and they are in it to make money. It would be nice if they more interested in their clients than themselves though. If so, it could work out better for both parties. They are not the only ones that could learn that lesson.
Funny, you are so stupid. Actually it is to protect people from losing money, like what happened to Noob, and all the investors at Robinhood.
But you are an obsessed Troll, and I will keep blocking all the harassing registered handles you so insanely created.
SARK and all my market shorts are doing great today, by the way. 😷
Blocked.
Being more interested in making money for the company than the client is your idea of protecting people from losing money? That’s about as illogical as thinking you are being harassed by this discussion.
A market plunge is nothing but risk-aversion meeting a low-risk premium; upward yield pressure meeting an inadequate yield. There are numerous ways to define that combination using valuations, market internals, and yield behavior. Better conditions emerge soon enough. Just FYI. pic.twitter.com/h1qmlYHg2L
I have options enabled in my Roth at Fidelity. I've traded calls and puts a few times last year for fun. Hit big once but mostly lost the rest of the time so I stopped.
Man when is the market going to stop pumping? Everyday it goes up a lot.
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
In regards to the market action, speculation in TWTR and ARKK after Musk reveals 9.5% stake in TWTR. Same deal, folks believe in the unlikely outcome. Personally just add to my shorts and sell on the next down day.
Wow SARK is old faithful. Wish I got more yesterday!
OK. At Morgan Stanley while I was there you could only do covered options in an IRA.
In regards to the market action, speculation in TWTR and ARKK after Musk reveals 9.5% stake in TWTR. Same deal, folks believe in the unlikely outcome. Personally just add to my shorts and sell on the next down day.
Wow SARK is old faithful. Wish I got more yesterday!
Rally likely over, trend toward S&P 500 3800 by Fed meeting May 4-5. SARK back into the $60s overtime. Not necessarily in a straight line, but it could.
