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Re: Stock Market today [Re: bowhunter27295] #8484922
Yesterday at 04:02 PM
Yesterday at 04:02 PM
Joined: May 2011
Oakland, MS
yotetrapper30 Online content OP
trapper
yotetrapper30  Online Content OP
trapper

Joined: May 2011
Oakland, MS
Originally Posted by bowhunter27295
Ok, so stock market 47,000

Horrific drop of 800 points.

That is a 1.7% drop.

Now if the stock market was at 8,000 we could talk about how serious that is. But in truth that would only be a 10% drop.

Free fall? Seriously? Anyone who thinks this is a free fall is a sucker to the left media and their drivel.

Good grief!!!

Orange man bad!!!!


I guess you're referring to the DOW which was actually down 1.8% but let's ignore Nasdaq that was down close to 4% at close and much more after.....

I'm guessing you have little or nothing invested in equities....

And WHERE did I say "orange man bad"????

Anyone who thinks the market is "free falling" (probably not the best term I could have used)..... is not a liberal.... just someone watching their assets melt away over a Tweet.....


Proudly banned from the NTA.

Bother me tomorrow. Today I'll buy no sorrows.
Re: Stock Market today [Re: yotetrapper30] #8484935
Yesterday at 04:22 PM
Yesterday at 04:22 PM
Joined: Dec 2006
Three Lakes,WI 74
C
corky Offline
trapper
corky  Offline
trapper
C

Joined: Dec 2006
Three Lakes,WI 74
Crypto took a big hit yesterday. I don’t understand it so I’m not in it.


http://www.usdebtclock.org/
This place is getting more like Facebook every day.

Re: Stock Market today [Re: yotetrapper30] #8484939
Yesterday at 04:28 PM
Yesterday at 04:28 PM
Joined: Dec 2006
East-Central Wisconsin
B
bblwi Offline
trapper
bblwi  Offline
trapper
B

Joined: Dec 2006
East-Central Wisconsin
It may only be a 2% drop or so but when the market is up to 6700 or so on the S &P 2% may seem small but it is a lot more dollars then when the market was 5,000 30 years ago or so.
Economic fundementals are still good and strong we just have a lot of politics from the government in the market now and it does have a big impact on how the private sector with monies invest or plan for the future.

Bryce

Re: Stock Market today [Re: yotetrapper30] #8485009
Yesterday at 07:12 PM
Yesterday at 07:12 PM
Joined: Dec 2013
central IA
B
bodycount Offline
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bodycount  Offline
trapper
B

Joined: Dec 2013
central IA
Not worried much about it. My stash is put away in a trust consisting of equities for my grandkids when they turn 35. I, myself will never need it unless I live to be 110.

Last edited by bodycount; Yesterday at 07:23 PM.
Re: Stock Market today [Re: yotetrapper30] #8485041
Yesterday at 08:16 PM
Yesterday at 08:16 PM
Joined: Jun 2008
el vado, nm
T
Tom Fisher Offline
trapper
Tom Fisher  Offline
trapper
T

Joined: Jun 2008
el vado, nm
Iam in the market 100%, I bought established companies probably 70%, 30% div. payers. My two cents we have to stop printing money we don't have, China is not in very good shape, I think they are selling our paper and buying gold!? They are encouraging the "BRICS" to do the same. The Fed. Reserve isn't worth much

I don't know if this is a short term drop or the puke that will come someday!? IF I knew I'd be rich!

What I do know is in two days Im gonna be setting coyote traps!

Its a good time to be a trapper!

Re: Stock Market today [Re: yotetrapper30] #8485067
Yesterday at 09:01 PM
Yesterday at 09:01 PM
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
It has been interesting year for sure. I have an AA of 80/10/10 Equity/bond/high yielding CD. I looked today I'm up 9.7% YTD so still a very good year despite and sideways market year.


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Stock Market today [Re: snowy] #8485083
Yesterday at 09:32 PM
Yesterday at 09:32 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
Originally Posted by snowy
It has been interesting year for sure. I have an AA of 80/10/10 Equity/bond/high yielding CD. I looked today I'm up 9.7% YTD so still a very good year despite and sideways market year.



Your post made me look. Ytd still up 22% after the drop. The sky is not falling and I hope it droped a bunch more. Looks like another buying opportunity.
[Linked Image]

Re: Stock Market today [Re: yotetrapper30] #8485088
Yesterday at 09:40 PM
Yesterday at 09:40 PM
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
Great!

My is all growth I don't contribute from a W2 or buy anymore. I just ride the waves with my portfolio and never rebalance. I bought and held for 38 years and never have sold one stock to this day. A lot of power in compounding plus time.


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Stock Market today [Re: snowy] #8485092
Yesterday at 09:59 PM
Yesterday at 09:59 PM
Joined: Feb 2020
Indiana
P
Providence Farm Offline
trapper
Providence Farm  Offline
trapper
P

Joined: Feb 2020
Indiana
Originally Posted by snowy
Great!

My is all growth I don't contribute from a W2 or buy anymore. I just ride the waves with my portfolio and never rebalance. I bought and held for 38 years and never have sold one stock to this day. A lot of power in compounding plus time.


sounds like you have a great plan. Im putting in as much as I can teying to make up for lost time. Had some good buys during the dip at the beginning of the year. Got a few looser as well. Had some great suggestions on things to look into and see what i thought from one of out smart members here and done well on those also. Wish I would have bought more. But thats always the case on the winners.

Re: Stock Market today [Re: snowy] #8485100
Yesterday at 10:35 PM
Yesterday at 10:35 PM
Joined: Nov 2012
midland, michigan
M
midlander Offline
trapper
midlander  Offline
trapper
M

Joined: Nov 2012
midland, michigan
Originally Posted by snowy
Great!

My is all growth I don't contribute from a W2 or buy anymore. I just ride the waves with my portfolio and never rebalance. I bought and held for 38 years and never have sold one stock to this day. A lot of power in compounding plus time.


Compounding interest...the 8th wonder of the world. Credit to AE....

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