Stock Market, where’s the bottom?

[RiverDave]

Futures are up right now because Shanghai reported that 90% of their ports are open but I think that’s gonna be short lived and we’ll be in the red tomorrow.

Would you please just take my money and a percentage. I understand none of this shit..

 

[pronstar]

Good insight into what to prepare for.
The Fed needs to deflate the stock market.
Ignore the clickbait title…

 

[regor]

The CEO of Wells Fargo warned Tuesday that there is “no question” that the U.S. economy is going to get worse before it gets better.

“It’s going to be hard to avoid some kind of recession,” CEO Charles Scharf said during a Wall Street Journal event.

“The fact that everyone is so strong going into this should hopefully provide a cushion such that whatever recession there is, if there is one, is short and not all that deep,” Scharf said.

 

[Havasu blue label]

All we could do is buy it will go up .you young guys should take advantage of this market

 

[regor]

All we could do is buy it will go up .you young guys should take advantage of this market

What exactly is on the horizon that would motivate someone to buy?

 

[HTMike]

 

[Gonefishin5555]

appl is at 136-137, I think sub 130 and I will buy some. I can't see it going under 120

 

[clarence]

I would love to buy Apple at $95 but it has been bucking the trend so far.

As of yesterday, ~9% of the outstanding AAPL shares changed hands in just 13 trading days.

Have to assume Apple and Berkshire are taking advantage.

If so, good long-term as the shares shift to stronger hands.

 

[clarence]

Would you please just take my money and a percentage. I understand none of this shit..

Why not just buy BRK and let Uncle Warren handle it for you for free?

(45% BRK, myself.)

 

[Havasu blue label]

It only goes up in time and that’s we have

 

[Havasu blue label]

It shouldn’t be as bad as1980s recession

 

[hallett21]

It shouldn’t be as bad as1980s recession

Well that’s a let down. I was promised massive foreclosures, 50k 300 Halletts, and Apple at $50.

 

[Havasu blue label]

Give it 90 days we should see housing to a dip and job losses

 

[Havasu blue label]

If you have the cash sitting around buy your stocks that will always move quickly

 

[LargeOrangeFont]

What exactly is on the horizon that would motivate someone to buy?

For him It must be polishing off a handle before noon.

 

[MPHSystems]

appl is at 136-137, I think sub 130 and I will buy some. I can't see it going under 120

Why not just buy BRK and let Uncle Warren handle it for you for free?

(45% BRK, myself.)

BRK.A or BRK.B? Just how bawler are you?

not a good day for BRK.A, down $5,700/share.

 

[2Driver]

All this “the consumer is strong” is party-line Bullshit

 

[Havasu blue label]

Why wouldn’t you buy delta and Mgm please explain mr orange

 

[badgas]

What exactly is on the horizon that would motivate someone to buy?

Time is on the Horizon

I have posted this before but I will post it again : )

$1 MILLION INVESTED IN THE S&P 500 AT THE BEGINNING OF 1935 WOULD BE WORTH OVER $9.1 BILLION AT THE END OF 2020

Here are 87 reasons poeple did not invest or sold and waited because of fear.

1934 Depression
1935 Spanish Civil War
1936 Economy Still Struggling
1937 Recession
1938 War Clouds Gather
1939 War in Europe
1940 France Falls
1941 Pearl Harbor
1942 Wartime Price Controls
1943 Industry Mobilizes
1944 Consumer Goods Shortages
1945 Post-War Recession on Predicted
1946 Dow Tops 20 - Market Too High
1947 Cold War Begins
1948 Berlin Blockade
1949 Russia Explodes A-Bomb
1950 Korean War
1951 Excess Profits Tax
1952 U.S. Seizes Steel Mill
1953 Russia Explodes H-Bomb
1954 Dow Tops 360 - Market Too High
1955 Eisenhower Illness
1956 Suez Crisis
1957 Russia Launches Sputnik
1958 Recession
1959 Castro Seizes Power in Cuba
1960 Russia Downs U-2 Plane
1961 Berlin Wall Erected
1962 Cuban Missile Crisis
1963 Kennedy Assassinated
1964 Gulf of Tonkin
1965 Civil rights Marches
1966 Vietnam War Escalates
1967 Newark Race Riots
1968 USS Pueblo Seized
1969 Money Tightens - Markets Fall
1970 Cambodia Invaded - Vietnam War Spreads
1971 Wage Price Freeze
1972 Largest U.S. Trade Deficit Ever
1973 Energy Crisis
1974 Watergate
1975 Resource Shortages
1976 Limit to Long-Term Growth
1977 Inflation Increases
1978 Interest Rates Rise
1979 Oil Prices Skyrocket
1980 Interest Rates at All-Time Highs
1981 Steep Recession Begins
1982 Worst Recession in 40 Years
1983 Market Hits New Highs
1984 Record Federal Deficits
1985 Economic Growth Slows
1986 Dow Nears 2000 - Market Too High
1987 Market Declines 20% in One Day
1988 Savings and Loan Crisis
1989 Bank Failures Increase
1990 Persian Gulf Crisis
1991 Dow Tops 3000 - Market Too High
1992 Global Recession
1993 Health Care Reform
1994 Mexican Peso Devaluation
1995 S&P 500 Index Tops 620 - Market Too High
1996 Greenspan Warns of "Irrational Exuberance"
1997 Asian Financial Crisis
1998 Russian Currency Devaluation
1999 Presidential Impeachment
2000 Dot-Com Meltdown
2001 Terrorist Attack on World Trade Center
2002 Corporate Malfeasance
2003 War in Iraq
2004 Decline of the Dollar
2005 Hurricane Katrina
2006 Rising Gas Prices
2007 Subprime Mortgage Crisis
2008 Credit Crunch
2009 Collapse of Financial Institutions
2010 European Crisis- Greece
2011 Downgrade of U.S. Debt
2012 Political Polarization in the U.S.
2013 Interest Rates Doubled
2014 Cheaper Oil & a Stronger Dollar
2015 China Growth Slows
2016 Donald Trump elected U.S. President
2017 Geopolitical Tensions with North Korea
2018 Trade War
2019 Trump Impeachment
2020 Coronavirus

If you all are going to try and be jimmy speculator or Johhny day trader then I wish you good luck some can do it but i'm not one of them.

If you want to invest your money and LEAVE IT ALONE for 10, 20 30 years and just live off the interest and dividends it creates then the stock market is a great place to be.

If you are going to sit and watch it all day and try to time the market I would just head to Vegas and bet on sports. That is WAY more fun than watching fear porn on Fox news all day. The news has been predicting the end of the world all day everyday for the last 40 years.

 

[LargeOrangeFont]

All this “the consumer is strong” is party-line Bullshit

#ukrainestrong

 

[LargeOrangeFont]

Time is on the Horizon

I have posted this before but I will post it again : )

$1 MILLION INVESTED IN THE S&P 500 AT THE BEGINNING OF 1935 WOULD BE WORTH OVER $9.1 BILLION AT THE END OF 2020

Here are 87 reasons poeple did not invest or sold and waited because of fear.

1934 Depression
1935 Spanish Civil War
1936 Economy Still Struggling
1937 Recession
1938 War Clouds Gather
1939 War in Europe
1940 France Falls
1941 Pearl Harbor
1942 Wartime Price Controls
1943 Industry Mobilizes
1944 Consumer Goods Shortages
1945 Post-War Recession on Predicted
1946 Dow Tops 20 - Market Too High
1947 Cold War Begins
1948 Berlin Blockade
1949 Russia Explodes A-Bomb
1950 Korean War
1951 Excess Profits Tax
1952 U.S. Seizes Steel Mill
1953 Russia Explodes H-Bomb
1954 Dow Tops 360 - Market Too High
1955 Eisenhower Illness
1956 Suez Crisis
1957 Russia Launches Sputnik
1958 Recession
1959 Castro Seizes Power in Cuba
1960 Russia Downs U-2 Plane
1961 Berlin Wall Erected
1962 Cuban Missile Crisis
1963 Kennedy Assassinated
1964 Gulf of Tonkin
1965 Civil rights Marches
1966 Vietnam War Escalates
1967 Newark Race Riots
1968 USS Pueblo Seized
1969 Money Tightens - Markets Fall
1970 Cambodia Invaded - Vietnam War Spreads
1971 Wage Price Freeze
1972 Largest U.S. Trade Deficit Ever
1973 Energy Crisis
1974 Watergate
1975 Resource Shortages
1976 Limit to Long-Term Growth
1977 Inflation Increases
1978 Interest Rates Rise
1979 Oil Prices Skyrocket
1980 Interest Rates at All-Time Highs
1981 Steep Recession Begins
1982 Worst Recession in 40 Years
1983 Market Hits New Highs
1984 Record Federal Deficits
1985 Economic Growth Slows
1986 Dow Nears 2000 - Market Too High
1987 Market Declines 20% in One Day
1988 Savings and Loan Crisis
1989 Bank Failures Increase
1990 Persian Gulf Crisis
1991 Dow Tops 3000 - Market Too High
1992 Global Recession
1993 Health Care Reform
1994 Mexican Peso Devaluation
1995 S&P 500 Index Tops 620 - Market Too High
1996 Greenspan Warns of "Irrational Exuberance"
1997 Asian Financial Crisis
1998 Russian Currency Devaluation
1999 Presidential Impeachment
2000 Dot-Com Meltdown
2001 Terrorist Attack on World Trade Center
2002 Corporate Malfeasance
2003 War in Iraq
2004 Decline of the Dollar
2005 Hurricane Katrina
2006 Rising Gas Prices
2007 Subprime Mortgage Crisis
2008 Credit Crunch
2009 Collapse of Financial Institutions
2010 European Crisis- Greece
2011 Downgrade of U.S. Debt
2012 Political Polarization in the U.S.
2013 Interest Rates Doubled
2014 Cheaper Oil & a Stronger Dollar
2015 China Growth Slows
2016 Donald Trump elected U.S. President
2017 Geopolitical Tensions with North Korea
2018 Trade War
2019 Trump Impeachment
2020 Coronavirus

If you all are going to try and be jimmy speculator or Johhny day trader then I wish you good luck some can do it but i'm not one of them.

If you want to invest your money and LEAVE IT ALONE for 10, 20 30 years and just live off the interest and dividends it creates then the stock market is a great place to be.

If you are going to sit and watch it all day and try to time the market I would just head to Vegas and bet on sports. That is WAY more fun than watching fear porn on Fox news all day. The news has been predicting the end of the world all day everyday for the last 40 years.

Wait, wait, wait.

So If I just park my money in an investment like RE or the markets, history shows it will only grow over time... That is fascinating.

I have been waiting for the crash in 18 months for a decade now!

 

[badgas]

Wait, wait, wait.

So If I just park my money in an investment like RE or the markets, history shows it will only grow over time... That is fascinating.

I have been waiting for the crash in 18 months for a decade now!

Yes

One more thought is that it is totally ok not invest in the stock market if you don't feel comfortable. I have friend with 8 million in stocks and bonds who has zero interest in owning rental RE. He just hates the thought of tenants in a property he owns or dealing with property managers, fear of getting sued etc. I told him 10 years ago to just buy dirt and let it sit so he would be more diversified and he just does not like RE.

If you absolutely hate the market then invest in RE or a business you can sell.

You have to do what you can emotionally tolerate.

 

[Gonefishin5555]

Wait, wait, wait.

So If I just park my money in an investment like RE or the markets, history shows it will only grow over time... That is fascinating.

I have been waiting for the crash in 18 months for a decade now!

I like to buy shit on sale it makes me feel smart. I'm still waiting

 

[Skinny Tire AH]

Well that’s a let down. I was promised massive foreclosures, 50k 300 Halletts, and Apple at $50.

When the Fed chair says a recession is likely, you can count on it being close. Democrats will lie and tell you how blue the sky is regardless.

So when they admit it, keep your powder dry.

 

[clarence]

BRK.A or BRK.B? Just how bawler are you?

not a good day for BRK.A, down $5,700/share.

/B, because I'm hungry.

A great day as it allows them to exchange cash for more productive assets.

 

[regor]

Time is on the Horizon

I have posted this before but I will post it again : )

$1 MILLION INVESTED IN THE S&P 500 AT THE BEGINNING OF 1935 WOULD BE WORTH OVER $9.1 BILLION AT THE END OF 2020

Here are 87 reasons poeple did not invest or sold and waited because of fear.

1934 Depression
1935 Spanish Civil War
1936 Economy Still Struggling
1937 Recession
1938 War Clouds Gather
1939 War in Europe
1940 France Falls
1941 Pearl Harbor
1942 Wartime Price Controls
1943 Industry Mobilizes
1944 Consumer Goods Shortages
1945 Post-War Recession on Predicted
1946 Dow Tops 20 - Market Too High
1947 Cold War Begins
1948 Berlin Blockade
1949 Russia Explodes A-Bomb
1950 Korean War
1951 Excess Profits Tax
1952 U.S. Seizes Steel Mill
1953 Russia Explodes H-Bomb
1954 Dow Tops 360 - Market Too High
1955 Eisenhower Illness
1956 Suez Crisis
1957 Russia Launches Sputnik
1958 Recession
1959 Castro Seizes Power in Cuba
1960 Russia Downs U-2 Plane
1961 Berlin Wall Erected
1962 Cuban Missile Crisis
1963 Kennedy Assassinated
1964 Gulf of Tonkin
1965 Civil rights Marches
1966 Vietnam War Escalates
1967 Newark Race Riots
1968 USS Pueblo Seized
1969 Money Tightens - Markets Fall
1970 Cambodia Invaded - Vietnam War Spreads
1971 Wage Price Freeze
1972 Largest U.S. Trade Deficit Ever
1973 Energy Crisis
1974 Watergate
1975 Resource Shortages
1976 Limit to Long-Term Growth
1977 Inflation Increases
1978 Interest Rates Rise
1979 Oil Prices Skyrocket
1980 Interest Rates at All-Time Highs
1981 Steep Recession Begins
1982 Worst Recession in 40 Years
1983 Market Hits New Highs
1984 Record Federal Deficits
1985 Economic Growth Slows
1986 Dow Nears 2000 - Market Too High
1987 Market Declines 20% in One Day
1988 Savings and Loan Crisis
1989 Bank Failures Increase
1990 Persian Gulf Crisis
1991 Dow Tops 3000 - Market Too High
1992 Global Recession
1993 Health Care Reform
1994 Mexican Peso Devaluation
1995 S&P 500 Index Tops 620 - Market Too High
1996 Greenspan Warns of "Irrational Exuberance"
1997 Asian Financial Crisis
1998 Russian Currency Devaluation
1999 Presidential Impeachment
2000 Dot-Com Meltdown
2001 Terrorist Attack on World Trade Center
2002 Corporate Malfeasance
2003 War in Iraq
2004 Decline of the Dollar
2005 Hurricane Katrina
2006 Rising Gas Prices
2007 Subprime Mortgage Crisis
2008 Credit Crunch
2009 Collapse of Financial Institutions
2010 European Crisis- Greece
2011 Downgrade of U.S. Debt
2012 Political Polarization in the U.S.
2013 Interest Rates Doubled
2014 Cheaper Oil & a Stronger Dollar
2015 China Growth Slows
2016 Donald Trump elected U.S. President
2017 Geopolitical Tensions with North Korea
2018 Trade War
2019 Trump Impeachment
2020 Coronavirus

If you all are going to try and be jimmy speculator or Johhny day trader then I wish you good luck some can do it but i'm not one of them.

If you want to invest your money and LEAVE IT ALONE for 10, 20 30 years and just live off the interest and dividends it creates then the stock market is a great place to be.

If you are going to sit and watch it all day and try to time the market I would just head to Vegas and bet on sports. That is WAY more fun than watching fear porn on Fox news all day. The news has been predicting the end of the world all day everyday for the last 40 years.

I agree, but why now when there is absolutely NOTHING to indicate prices will be stabilizing?

If I was to get into the market as a youngster, I would not want to do it as prices fall, regardless of the time I have to recover from it.

Are you and Blue Label boomers trying to save your pensions/retirements?

 

[badgas]

I like to buy shit on sale it makes me feel smart. I'm still waiting

You have incredible restraint. I'm pretty frugal but can't wait 10 years to buy anything

 

[badgas]

I agree, but why now when there is absolutely NOTHING to indicate prices will be stabilizing?

If I was to get into the market as a youngster, I would not want to do it as prices fall, regardless of the time I have to recover from it.

Are you and Blue Label boomers trying to save your pensions/retirements?

I don't have a pension and i'm Gen X not sure what boomers are up to : )

We all want to buy at the bottom of the curve but VERY few can predict that is why I say just buy and hold. I say that becasue that is the strategy that works. In 2031 I might look back and say hey the last 10 years have been the second 10 year down market in history. In 2036 I might look back and say hey the last 15 years have been the first 15 year down market in history.

Until then i'm staying with what works and trying to time the market does not.

 

[regor]

I don't have a pension and i'm Gen X not sure what boomers are up to : )

We all want to buy at the bottom of the curve but VERY few can predict that is why I say just buy and hold. I say that becasue that is the strategy that works. In 2031 I might look back and say hey the last 10 years have been the second 10 year down market in history. In 2036 I might look back and say hey the last 15 years have been the first 15 year down market in history.

Until then i'm staying with what works and trying to time the market does not.

I think you're in for a dead decade brother, but I get it.

 

[2Driver]

Time is on the Horizon

I have posted this before but I will post it again : )

$1 MILLION INVESTED IN THE S&P 500 AT THE BEGINNING OF 1935 WOULD BE WORTH OVER $9.1 BILLION AT THE END OF 2020

.

Yeah, true and good advice for young investors, but a lot depends on your time line and need for the money.

If you had to reinvest 1M last December you would have lost 200,000 dollars in 6 months, if you bought the wrong stocks or nasdaq you could have lost 300,000 or more.

So say you had a 1M bond pay off today and you can’t risk it in the next 10 years, what do you do with it today?

 

[boatnam2]

Another buy on the dip day, shit has more more layers than a taco bell 7 layer burrito.

 

[4Waters]

/B, because I'm hungry.

A great day as it allows them to exchange cash for more productive assets.

I want to see the video of when it sets in

 

[bowtiejunkie]

I started my career job in June 2000. The dot.com bubble had just popped and the tech induced tailspin through 2003 was setting in. The market then got legs past 2003 until 2008, where it dropped like a meteorite crashing to Earth. Recovered a bit by end of 2009. You look at Begin of 2000 to end of 2009, it was a flat decade. Then the market went on a tear (sans 2015 and late 2018). I follow the dollar-cost averaging approach to investing. Who knows what is the bottom or top of stocks at any one moment in time? The best years of investing in my career were those ten years of the ‘00’s. Keeping a steady hand to continual investing through 22 years while making well less than $100k during 3/4ths of those years has paid off in spades.

Look back at the peaks and throughs of the Dow, S&P 500, Nasdaq, they are fairly short in time.

I stay in the game as I’m not close to retirement yet. I could see if you’re a trader type that buys and sells and believes you can out smart the market, then more power to you. If it floats your boat to only buy at the lowest part of the trough, that’s cool too. Everyone has their own way of making money. No one way is right.

 

[Havasu blue label]

My retirement is set just love money and it’s pretty easy of you are smart

 

[badgas]

Yeah, true and good advice for young investors, but a lot depends on your time line and need for the money.

If you had to reinvest 1M last December you would have lost 200,000 dollars in 6 months, if you bought the wrong stocks or nasdaq you could have lost 300,000 or more.

So say you had a 1M bond pay off today and you can’t risk it in the next 10 years, what do you do with it today?

For me personally I don't ever look at investing in anything under 5 years, to me that is savings. Ideally 7-10 years for investing.

What would I do today with 1 million free and clear ?

I would pay cash for some rentals. Even if they don't appreciate immediately i'm getting income off them. There is nothing that is risk free and nothnig perfect this side of Heaven. I just try and limit my risk by staying away from debt or too much debt and investing in things that have proven records of appreciation and income.

For me those things are low cost, dividend producing index funds like VTSAX and rental real estate.

 

[LargeOrangeFont]

Why wouldn’t you buy delta and Mgm please explain mr orange

The quote below answers your question.

My retirement is set just love money and it’s pretty easy of you are smart

Looking at the history of Delta stock you are better off buying a piece of dirt and letting is appreciate. Pretty much the same for MGM. Neither has any huge upside potential.

 

[LargeOrangeFont]

Yeah, true and good advice for young investors, but a lot depends on your time line and need for the money.

If you had to reinvest 1M last December you would have lost 200,000 dollars in 6 months, if you bought the wrong stocks or nasdaq you could have lost 300,000 or more.

So say you had a 1M bond pay off today and you can’t risk it in the next 10 years, what do you do with it today?

I need a plan to make $3k/month off $500k.

What should I do? I was thinking of buying 3 rentals but want other options.

 

[2Driver]

I need a plan to make $3k/month off $500k.

What should I do? I was thinking of buying 3 rentals but want other options.

My hard money loans make $4,100 a month for that much investment and no rental headaches.

 

[badgas]

I think you're in for a dead decade brother, but I get it.

It will be the 2nd time in history if you are right. I have no way to predict it up or down. I do know this I'm 53 and all I have heard my entire life from family members is how bad Jimmy Carter was and how bad Obama was and how bad Clinton was and .....fill in the blank of libtard presidents.

Those same loved ones who complained non stop and still complain never lost a job or a life under those kook presidents and managed to make millions over the years. They were just babbling the negative news talking points of the day and ignoring the numbers over the decades.

I hope for all of us that you are wrong but you and I certainly can't control it.

 

[Havasu blue label]

you should have 500 liquid cash after you downsized from the sale of your Calif home . Buy some speed cars sounds like a solid investment

 

[2Driver]

Would you please just take my money and a percentage. I understand none of this shit..

Stay out and dont hold anything. Just jeep getting your % off RE sales.

Good market or bad you make out, people got to buy people got to sell and banks need to off load RE if shit hits the fan. Just switch marketing: RDP your short sales specialist.

 

[Havasu blue label]

Property mgmt Dave

 

[hallett21]

I need a plan to make $3k/month off $500k.

What should I do? I was thinking of buying 3 rentals but want other options.

Municipality bonds? A little below your number ( I think they pay 5-7%?)

Personally I like the rental because you’re being paid and gaining equity.

 

[LargeOrangeFont]

My hard money loans make $4,100 a month for that much investment and no rental headaches.

Do you need a new son? . Any pointers to get started down this path?

 

[pronstar]

i love this guy…speaks the truth that people don’t want to hear.

 

[2Driver]

Do you need a new son? . Any pointers to get started down this path?

Its actually pretty easy given a few basic rules. pm me if you want

 

[was thatguy]

Time is on the Horizon

I have posted this before but I will post it again : )

$1 MILLION INVESTED IN THE S&P 500 AT THE BEGINNING OF 1935 WOULD BE WORTH OVER $9.1 BILLION AT THE END OF 2020

Here are 87 reasons poeple did not invest or sold and waited because of fear.

1934 Depression
1935 Spanish Civil War
1936 Economy Still Struggling
1937 Recession
1938 War Clouds Gather
1939 War in Europe
1940 France Falls
1941 Pearl Harbor
1942 Wartime Price Controls
1943 Industry Mobilizes
1944 Consumer Goods Shortages
1945 Post-War Recession on Predicted
1946 Dow Tops 20 - Market Too High
1947 Cold War Begins
1948 Berlin Blockade
1949 Russia Explodes A-Bomb
1950 Korean War
1951 Excess Profits Tax
1952 U.S. Seizes Steel Mill
1953 Russia Explodes H-Bomb
1954 Dow Tops 360 - Market Too High
1955 Eisenhower Illness
1956 Suez Crisis
1957 Russia Launches Sputnik
1958 Recession
1959 Castro Seizes Power in Cuba
1960 Russia Downs U-2 Plane
1961 Berlin Wall Erected
1962 Cuban Missile Crisis
1963 Kennedy Assassinated
1964 Gulf of Tonkin
1965 Civil rights Marches
1966 Vietnam War Escalates
1967 Newark Race Riots
1968 USS Pueblo Seized
1969 Money Tightens - Markets Fall
1970 Cambodia Invaded - Vietnam War Spreads
1971 Wage Price Freeze
1972 Largest U.S. Trade Deficit Ever
1973 Energy Crisis
1974 Watergate
1975 Resource Shortages
1976 Limit to Long-Term Growth
1977 Inflation Increases
1978 Interest Rates Rise
1979 Oil Prices Skyrocket
1980 Interest Rates at All-Time Highs
1981 Steep Recession Begins
1982 Worst Recession in 40 Years
1983 Market Hits New Highs
1984 Record Federal Deficits
1985 Economic Growth Slows
1986 Dow Nears 2000 - Market Too High
1987 Market Declines 20% in One Day
1988 Savings and Loan Crisis
1989 Bank Failures Increase
1990 Persian Gulf Crisis
1991 Dow Tops 3000 - Market Too High
1992 Global Recession
1993 Health Care Reform
1994 Mexican Peso Devaluation
1995 S&P 500 Index Tops 620 - Market Too High
1996 Greenspan Warns of "Irrational Exuberance"
1997 Asian Financial Crisis
1998 Russian Currency Devaluation
1999 Presidential Impeachment
2000 Dot-Com Meltdown
2001 Terrorist Attack on World Trade Center
2002 Corporate Malfeasance
2003 War in Iraq
2004 Decline of the Dollar
2005 Hurricane Katrina
2006 Rising Gas Prices
2007 Subprime Mortgage Crisis
2008 Credit Crunch
2009 Collapse of Financial Institutions
2010 European Crisis- Greece
2011 Downgrade of U.S. Debt
2012 Political Polarization in the U.S.
2013 Interest Rates Doubled
2014 Cheaper Oil & a Stronger Dollar
2015 China Growth Slows
2016 Donald Trump elected U.S. President
2017 Geopolitical Tensions with North Korea
2018 Trade War
2019 Trump Impeachment
2020 Coronavirus

If you all are going to try and be jimmy speculator or Johhny day trader then I wish you good luck some can do it but i'm not one of them.

If you want to invest your money and LEAVE IT ALONE for 10, 20 30 years and just live off the interest and dividends it creates then the stock market is a great place to be.

If you are going to sit and watch it all day and try to time the market I would just head to Vegas and bet on sports. That is WAY more fun than watching fear porn on Fox news all day. The news has been predicting the end of the world all day everyday for the last 40 years.

Time can end tomorrow.
But you make good points.
But also to be fair in 1935 one million dollars was the equivalent of 21 million dollars today so there is that little matter of the two thousand % inflation.

Plus you’d be dead by now anyway.

 

[badgas]

Time can end tomorrow.
But you make good points.
But also to be fair in 1935 one million dollars was the equivalent of 21 million dollars today so there is that little matter of the two thousand % inflation.

Plus you’d be dead by now anyway.

Would 1960 be a better example ? many of us were born in the 60"s The S&P 500 has returned over 10% since 1960 and inflation adjusted is right around 7%

You are correct I would be dead but I am also legacy minded. I don't want to consume every nickel I make. I would like to invest some and when I am dead maybe maybe one of my kids can pay off a home or a car. Maybe grand child ( not there yet ) can blessed with a house down payment ?

No question that time can end at any moment but as for investing the news media will always sell fear, doom and gloom. That will make the fickle invester sell and buy and sell again. The result is someone who walks around saying "I don't trust the market" " lost it all in 2008 "

The market went down down by 50% after 2008 not by 100% so it's not possible to " lose it all "

If you were all in on one bad stock that went zero and you had a house purchased on 5/1 arm at 0% down then yes you could have lost it all. Guess what ? If that is someones plan today or any day then they will always lose it.

 

[MPHSystems]

/B, because I'm hungry.

A great day as it allows them to exchange cash for more productive assets.

Good thing they are pretty

 

[LuauLounge]

Getting ready to sell our CA primary residence. Proceeds are not earmarked for anything as we have another residence out of state.
So, carry back the first mortgage?