Was wondering if anyone else was buying anything with the market being what it is?

I increased what I put in my boys brokerage accounts each month by 20% a month or so back. It just in an aggressive growth mutual fund for now and it's down and I expect it to go down more but it's not a loss unless you sell and being down now means it's on sale. I also increased my 401 by 2% more.

I'm putting extra on my rent house mortgage and money in the bank. Once we get through our contract negotiations at work and further in to the year and see how the economy will go I will either pay off my event h I use mortgage with money going in the bank or invest it into arms manufacturers stocks.

Have not added too any long positions,,,,,

Been day trading the volatility of this banking crisis,,,,for small gains,,,,not holding overnight/not over the weekend

Waiting for the turnaround/opportunity,,,,likely a long wait

But it will turnaround,,,

I want to, I just don't have time to research. I started a new company today, it's a side hustle that I'm hoping to grow slowly over time. Between my current business and my family I'm just finding it difficult to research stocks.

Providence Farms , sounds to me like you are doing everything right.

I keep thinking I should, but I haven't Rex. I don't really have any ideas on good companies that have been beaten down. We're probably coming up on a good time to buy an index fund? I'm not much of a trader, because I really stink at it. I have questions about the economy though. But if anyone has some good ideas, I'm all ears.

If you save $500 per month, you'll reach $1 million in 167 years (aka never)

If you invest $500 per month, you'll reach $1 million in 30 years

Moral: you can't save your way to wealth - you NEED to invest

Yes, and you have to do so regularly. Impossible to tie the market consistently.

Well I retired last year and have the majority of my money in short term cd's 1-6 month. I'm at about 20 percent stocks slowly Ill work my way to 30 percent. It's more about protecting the egg at this point lol.

In my opinion this is no time to be a hero.

I've been dabbling a little and there is no rhyme or reason to my investing except buy low and sell high. I've been buying and selling cruise line stocks which I think will show good profits as well as good dividend paying stocks. I'm pretty much learning as I go.

I raised my monthly contribution to my Roth. I do dabble a little independently but don't have the money to do it seriously. Just invest small amounts there when I have some extra. However I am up over 11 percent in that portfolio over the past year. My retirement advisor could hardly believe me. So I showed her she was shocked that I beat the market by that much.

What is the return rate on that 30 years?

Just going to throw 7% out there

More like 9%

500 bucks a month for 30 years at 9 % =$916,845.

But that could vary a lot depending on the frequency of compounding periods

Yes, was just ball parking

I think at the present, world events and conditions are lined up to create volatility for some time to come. But that presents opportunities as well as risks.

Inverted yield curve, rising interest rates, ongoing inflation, bank crises, Ukraine, debt ceiling, increasing fiscal folly, looming recession. low labor participation rate, uncontrolled immigration and fractured domestic political environment..........all add up to a negative outlook for the near future.

That said, I still believe in having a list of blue chip stocks you want to own and buying them when you believe they are at a fair value, AND selling puts on those stocks when they are dropping so you can buy more at lower prices in the future if the market moves down.

You may have noticed on Friday that early action was strongly to the downside with the obvious exceptions of dividend paying stocks. Also, the market seemed to want to recover from the opening bell.

That may be encouraging but bear market rallies are deceptive like that. I still think we have some bumpy road ahead of us.


If we see a VIX above 30 or 40 then I think we are getting close to the bottom. That may be somewhere between 3400-3800 S&P.

Remember that volatility is also upward. Not just down.

I also think that the stock and bond markets are engaging in wishful thinking after Powell's comments on Wednesday.
He clearly said he does not see rate cuts this year. Nevertheless , the markets believe there will be. I think that is a dangerous disconnect

Just my 2 cents

Right . Impossible to say for sure without more inputs

Agreed

Well said

As always!

Just put 10k each into 3 different stocks.
HIO=2520 shares
DUK=105 shares
AB=added 250 shares to my 775 shares.
Buy and let the kids inherit the shares---spend the gravy.