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11 March 2020, 05:41 AM | #1 |
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Still buying. A bit at a time. : )
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11 March 2020, 05:50 AM | #2 |
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It would have been nice to see the indexes close down 20+% from the all-time high to end the press mantra regarding the 10-11 year bull market we are currently experiencing. I have a feeling we will get there soon enough but if not I can live with that.
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11 March 2020, 06:01 AM | #3 | ||
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Short covering, insider buying, Buffet buying (rumor) . . . I am not sure we have bottomed, still too much news to come about COVID-19, interest rates are a big question given what the Fed still might do and the oil crash certainly hurts a lot of businesses. I'll take the increase in my assets but keeping cash handy and may do so further selling toward the end of the week if this continues
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11 March 2020, 06:08 AM | #4 |
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All I know is when the market swings up and down more than 1 or 2 percent this frequently, that is a market I don't want to be in. The brilliant day traders and insiders can make their money (but not off me).
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11 March 2020, 10:52 AM | #5 |
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It sure will be interesting to bump this thread a year from now to see where markets are.
Since 1980, there have been 32 market corrections and 90% of the time, the market has ended the year higher |
11 March 2020, 10:56 AM | #6 |
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11 March 2020, 10:59 AM | #7 |
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11 March 2020, 11:01 AM | #8 | |
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Well, not yet anyway. |
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11 March 2020, 09:23 PM | #9 | |
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There was no reason for that move up yesterday, we have not gotten the indicators that we have bottomed yet. Futures down 700, Oil prices fell along with Treasury yields. U.S. crude fell more than 2% to $33.51 per barrel. Meanwhile, the benchmark 10-year note yield traded at 0.7%.
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11 March 2020, 12:08 PM | #10 |
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“The real problem of humanity is we have Paleolithic emotions, medieval institutions, and godlike technology.” -Edward O. Wilson |
11 March 2020, 12:49 PM | #11 |
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11 March 2020, 11:01 AM | #12 | |
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It is the pain of watching it play out rather than analyzing the history
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11 March 2020, 11:03 AM | #13 |
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11 March 2020, 11:05 AM | #14 |
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Take a longer view than the short-term debt cycle.
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11 March 2020, 10:15 PM | #15 |
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It seems like a coin flip would be more accurate at predicting if the market will be up or down these days.
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11 March 2020, 10:24 PM | #16 | |
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That means that if your conviction is that this will eventually get better then take a step back, keep your plan and stop looking. On the other hand if your conviction is that this will get much worse then you need to look at your plan and act accordingly. Panic is not a strategy but no strategy is not a plan.
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12 March 2020, 12:02 AM | #17 |
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The market is trying hard to not touch the bear market line. But I think it will soon.
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12 March 2020, 12:52 AM | #18 |
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Agreed
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12 March 2020, 01:46 AM | #19 | |
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https://www.cnbc.com/2020/03/11/cram...2018-lows.html
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12 March 2020, 02:25 AM | #20 |
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One of the things that concerns me is that we went into this with elevated P/Es, so a return to "normal" could be a big hit, on top of everything else.
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12 March 2020, 02:29 AM | #21 | |
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My gut tells me that 12 months from now the S&P will be undervalued.
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12 March 2020, 02:46 AM | #22 | |
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Maybe the panic sell we need to start to bottom, VIX still only at +52 not nearly high enough though
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12 March 2020, 04:10 AM | #23 | |
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12 March 2020, 04:19 AM | #24 |
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This makes zero sense in terms of what has been proposed as far as a payroll tax deduction. How is that heartless towards the poor? The poor in this country have it pretty good compared to others in this world. Those are the folks we should feel bad about. Not people who are already benefiting from federal income taxes paid from working people.
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12 March 2020, 04:41 AM | #25 |
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Neither here nor there because a payroll tax break is little more than a fart in a windstorm at this point. The equivalent of running out of bullets and having to physically throw the weapon at the attacker.
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12 March 2020, 07:54 AM | #26 |
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Did a little buying today.
Question for y'all. If I use stock profits to pay for my kids college, do I still pay capitol gains tax? Sent from my SM-G935P using Tapatalk |
12 March 2020, 07:58 AM | #27 |
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12 March 2020, 08:06 AM | #28 |
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Why not do a 529 plan and buy investments through that account, if available in your state?
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12 March 2020, 08:30 AM | #29 |
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12 March 2020, 08:42 AM | #30 |
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