Crnr2Crnr Posted October 20, 2023 Share Posted October 20, 2023 Sure glad I didn't stick a pile of money in the hands of a broker lately... https://www.google.com/finance/quote/.IXIC:INDEXNASDAQ Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 20, 2023 Author Share Posted October 20, 2023 that's some ooof, Russell 2000 (small caps) is at a tipping point, this is a true picture of inflation, normalized interest rates and the federal reserve taking their foot off the gas pedal and unwinding assets. miright @DriftBustaor just some schmuck who works at a turd mine? Quote Link to comment Share on other sites More sharing options...
Guest Posted October 20, 2023 Share Posted October 20, 2023 I'm expecting a canned "you're not worthy" response Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 20, 2023 Author Share Posted October 20, 2023 16 minutes ago, HSR said: I'm expecting a canned "you're not worthy" response I'm not, this in't my wheelhouse... just some schmuck on a snowmobile website talking about things I don't understand. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 20, 2023 Share Posted October 20, 2023 3 hours ago, Crnr2Crnr said: Sure glad I didn't stick a pile of money in the hands of a broker lately... https://www.google.com/finance/quote/.IXIC:INDEXNASDAQ Weren't you all Gung ho on the markets a few months ago? I pulled mine out of the open markets a while back. 1 Quote Link to comment Share on other sites More sharing options...
SkisNH Posted October 21, 2023 Share Posted October 21, 2023 Bought bond funds...I'll take my almost 6% and wait for the fed to reverse course. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted October 21, 2023 Share Posted October 21, 2023 1 hour ago, ArcticCrusher said: Weren't you all Gung ho on the markets a few months ago? I pulled mine out of the open markets a while back. Bought in Florida at the peak. Well done. 🤣 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 21, 2023 Share Posted October 21, 2023 4 minutes ago, revkevsdi said: Bought in Florida at the peak. Well done. 🤣 From an idiot who didn't see Styrofoam wasn't the future. Quote Link to comment Share on other sites More sharing options...
revkevsdi Posted October 21, 2023 Share Posted October 21, 2023 17 minutes ago, ArcticCrusher said: From an idiot who didn't see Styrofoam wasn't the future. My future is awesome! Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 don't look now... Quote Link to comment Share on other sites More sharing options...
DriftBusta Posted October 26, 2023 Share Posted October 26, 2023 Rule number 1 when investing for retirement or long term goals. Don't try and time the markets. Dollar cost average if you must. But unless you are on the home stretch to, or in retirement. Just don't. That said, the tech sector valuations are taking a beating recently, after a huge recovery first 2 quarters. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2023 Share Posted October 26, 2023 I hear Moderna is a good buy now. Its gotta be right? Ray? Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 29 minutes ago, DriftBusta said: Rule number 1 when investing for retirement or long term goals. Don't try and time the markets. Dollar cost average if you must. But unless you are on the home stretch to, or in retirement. Just don't. That said, the tech sector valuations are taking a beating recently, after a huge recovery first 2 quarters. what if someone had squandered, scrimped and saved for years and years and just recently handed the money over for someone to put into the markets for them? *disclaimer* Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2023 Share Posted October 26, 2023 Physical gold. 2 Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2023 Share Posted October 26, 2023 1 minute ago, Crnr2Crnr said: what if someone had squandered, scrimped and saved for years and years and just recently handed the money over for someone to put into the markets for them? *disclaimer* Solid dividends. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 1 minute ago, ArcticCrusher said: I hear Moderna is a good buy now. Its gotta be right? Ray? idk, haven't fucked with biotech much since 2014 bio dd can consume hours upon hours of time, all week long, very volatile, fortunes are won or can be lost in an instant... FDA an all. you dabble in biotech Daddy Warbucks? Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2023 Share Posted October 26, 2023 1 minute ago, Crnr2Crnr said: idk, haven't fucked with biotech much since 2014 bio dd can consume hours upon hours of time, all week long, very volatile, fortunes are won or can be lost in an instant... FDA an all. you dabble in biotech Daddy Warbucks? Its a joke. Stay away. Quote Link to comment Share on other sites More sharing options...
ArcticCrusher Posted October 26, 2023 Share Posted October 26, 2023 Can you get into any private equity? Don't have to worry about peeps nervous about the markets. 25% to 40% of your assets should be. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 8 minutes ago, ArcticCrusher said: Can you get into any private equity? Don't have to worry about peeps nervous about the markets. 25% to 40% of your assets should be. I'm good sure the current price actions are making a lot of folks antsy though. bubbles burst... Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 perspective... the dot.com bubble looks like a tick on an elephants ass. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 26, 2023 Share Posted October 26, 2023 I bought a new Mercedes sprinter 4x4 with Moderna earnings. Best heist ever. The van was a total piece of shit. Sold that for a profit too. 🙂 Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 26, 2023 Share Posted October 26, 2023 2 hours ago, DriftBusta said: Rule number 1 when investing for retirement or long term goals. Don't try and time the markets. Dollar cost average if you must. But unless you are on the home stretch to, or in retirement. Just don't. That said, the tech sector valuations are taking a beating recently, after a huge recovery first 2 quarters. People over think retirement investments. Public pension, vanguard, and SS along with a nice cash nest egg that I haven’t had to touch. I’m golden. I want for nothing. It’s about making the proper decisions. Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 9 minutes ago, spin_dry said: People over think retirement investments. Public pension, vanguard, and SS along with a nice cash nest egg that I haven’t had to touch. I’m golden. I want for nothing. It’s about making the proper decisions. most Americans suck at financing their futures, they're awesome at wracking up debt for shit they want though. Quote Link to comment Share on other sites More sharing options...
spin_dry Posted October 26, 2023 Share Posted October 26, 2023 (edited) 41 minutes ago, Crnr2Crnr said: most Americans suck at financing their futures, they're awesome at wracking up debt for shit they want though. Planning for retirement has been made out to be something that is supposedly incredibly complex. And it isn’t. Edited October 26, 2023 by spin_dry Quote Link to comment Share on other sites More sharing options...
Crnr2Crnr Posted October 26, 2023 Author Share Posted October 26, 2023 7 minutes ago, spin_dry said: Planning for retirement has been made out to be something that is supposedly incredibly complex. And it isn’t. and the average American has far more debt than they have saved. they've also banked on their home being their greatest asset when it comes time to retire. they don't teach financial responsibility or basic economics any longer. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.