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Dumped another $6K into the market late yesterday. Perfect time to move IMO. Irrational drop compounded by fears from domestic terrorism in an otherwise robust economy.
GDP number comes out Friday. Might have been a risky move if the number turns out less than 3.7. We'll see
Well I think I am officially in the red ever since I started investing in mutual funds over a year and a half ago. At least with those investments. A year and a half hasn't given me enough time to accrue all the earnings, so meh.
Well I think I am officially in the red ever since I started investing in mutual funds over a year and a half ago. At least with those investments. A year and a half hasn't given me enough time to accrue all the earnings, so meh.
Eh, don't get too worked up.
Always remember...buy low, sell high. I also have just begun my retirement investing accumulation phase and I'm 5 years in now and I am actually tired of the high stock prices.
If you're young, think of a market crash as a discount for you to buy more stocks. Over on the bogleheads forum, people talk about deciding when to "back up the truck" when the market crashes...ie, buying low on stocks.
When markets hot, you gotta re-balance your portfolio to the proper asset allocation (ie, "sell high") so that you're not over exposed. Whether this is 80/20 or 60/40 (stock/bond ratio)
I remember reading reading an article about a physician couple who sold and got out of the market around 2008/2009 when they got spooked by the bear market and then around 2014/2015 they got back in because "oh look everything is going up again, we should put our money back in." I felt bad cause they basically sold low and bought high.
If someone believes the market/society can't sustain itself like this in the future....then they may need to look into investing for land/bunker/ammo instead of mutual funds.....
With that said....when the next big crash happens, I'll be backing up my small truck and dump much as I can to scoop up stocks for the cheap.
Yep, hang tight. Dollar cost averaging over the long term will yield handsome profits. If you have extra cash on hand, buy the dips like I do. I was going to dump another $3K into the market yesterday and now I'm kicking myself....yesterday's ride was so wild I was concerned it would carry over to today... oh well...
How about telling us the day you buy and not what you supposedly did after the market moves higher to try to make yourself look good.
July 24, 2018 when MSFT closed at $107.66. . .
Originally Posted by nfnsquared
New target price: $121.
I suspect it will go higher than that....
Oct. 10, 2018 when MSFT closed at $106.16. . . .
Originally Posted by nfnsquared
And MSFT is about to announce that it now has received certification to bid on classified federal cloud computing contracts.... Earning due out later this month. This stock could rocket another 10-20 pts by Nov....
MSFT never got to $121 and never rocketed another 10-20 pts by Nov.
Awww now, is the little SNOWFLAKE upset that he didn't take my advice offered in post #532?
And the $121 target price is/was a 12-month consensus target price, dumbass. It's still got another 8 months to reach that target price. The 12-month target price (consensus) is now $122.45
Regarding rocketing 10-20 points by November, it's up 5 as of today and we have 2 more days to go in November....It could still make it, just like I said: could
Awww now, is the little SNOWFLAKE upset that he didn't take my advice offered in post #532?
Yes, very upset. I am kicking myself for not listening to you right now.
Originally Posted by nfnsquared
Originally Posted by doopstr
Keep pumping!
Oh damn, the SNOWFLAKES are gonna hate this!!!
I think I missed it. Remind me again when I was suppose to start hating that?
Originally Posted by Rapture
by the way as of Friday I am now officially in the red 100% with my investments, not just the funds Doesn't feel good.
How can that be? Didn't you buy on the morning of Oct 30, 2018, when nfnsquared called the bottom and said it was time to buy? You'd be up yugely by now.
The Dow was at around 24,500 at the time and now it's up . . . . Nevermind. Bad example.
Take a look at the S&P 500. It was at around 2,700 at the time he called the bottom and now it's at . . . WTF?
Okay. Forget the S&P 500. How about the Nasdaq and Russel 2000? The Nasdaq was at around 7,050 and Russel 2000 was at around 1500. Look at them now. They're both up . . . . Fuuuu!!!
10-11-2018, 04:19 PM
How about telling us the day you buy and not what you supposedly did after the market moves higher to try to make yourself look good.
Doesn't feel good.
