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Time to sell? #8606848
4 hours ago
4 hours ago
Joined: Dec 2006
williamsburg ks
D
danny clifton Offline OP
"Grumpy Old Man"
danny clifton  Offline OP
"Grumpy Old Man"
D

Joined: Dec 2006
williamsburg ks


Those who would give up essential liberty, to purchase a little temporary safety, deserve neither liberty nor safety. Benjamin Franklin (1706-1790)
Re: Time to sell? [Re: danny clifton] #8606850
4 hours ago
4 hours ago
Joined: Mar 2023
WI
WI Outdoors Offline
trapper
WI Outdoors  Offline
trapper

Joined: Mar 2023
WI
Sometimes its good to take gains and move it somewhere secure.

Re: Time to sell? [Re: danny clifton] #8606857
3 hours ago
3 hours ago
Joined: Dec 2006
Williamsport, Pa.
J
jk Offline
trapper
jk  Offline
trapper
J

Joined: Dec 2006
Williamsport, Pa.
Yep sold some calls and 25% in cash now.......jk


Free people are not equal. Equal people are not free. What's supposed to be ain't always is. Hopper Hunter
Re: Time to sell? [Re: danny clifton] #8606865
3 hours ago
3 hours ago
Joined: Jan 2007
MD
D
DaveP Offline
trapper
DaveP  Offline
trapper
D

Joined: Jan 2007
MD
LOL, read the last paragraph.
He's been warning of a tumble the last 4 years.

That said, eventually, he'll be right.

Re: Time to sell? [Re: danny clifton] #8606870
3 hours ago
3 hours ago
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
His last name is shilling,,,, lol

Re: Time to sell? [Re: danny clifton] #8606881
2 hours ago
2 hours ago
Joined: Aug 2012
South Dakota
R
Rat Masterson Offline
trapper
Rat Masterson  Offline
trapper
R

Joined: Aug 2012
South Dakota
Get an end to Iran and gas goes down, I think there will be a boom.

Re: Time to sell? [Re: Rat Masterson] #8606883
2 hours ago
2 hours ago
Joined: Feb 2015
Iowa
T
trapdog1 Offline
trapper
trapdog1  Offline
trapper
T

Joined: Feb 2015
Iowa
Originally Posted by Rat Masterson
Get an end to Iran and gas goes down, I think there will be a boom.

You are probably right, but it needs to happen fairly soon before too much damage is done.

Re: Time to sell? [Re: Rat Masterson] #8606896
2 hours ago
2 hours ago
Joined: Jan 2018
MN
D
Donnersurvivor Offline
trapper
Donnersurvivor  Offline
trapper
D

Joined: Jan 2018
MN
Originally Posted by Rat Masterson
Get an end to Iran and gas goes down, I think there will be a boom.

Wrap up the Ukrain fiasco and removing Russian sanctions would help also


I don't know half of you half as well as I should like, & I like less than half of you half as well as you deserve
Re: Time to sell? [Re: danny clifton] #8606919
1 hour ago
1 hour ago
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
A one person prediction and he writes many articles for his advantage to get richer. People eat that stuff and money made for who every reads them. No one can predict what the stock markets will do.

Stock market started in America in 1872 and has been the longest running single business in America. The markets are ebb and flow system and if his prediction which I never read, but what percentage does he say it goes down too??

I won't be selling anything and holding pat if there is any storm on the horizon. You sell you pay taxes on all gains so not worth the trade for me. What goes down will go back up and more. The problem none when do you buy back in?? That strategy sell and buy back is never a winning game.




Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Time to sell? [Re: danny clifton] #8606928
1 hour ago
1 hour ago
Joined: Feb 2020
Indiana
P
Providence Farm Online content
trapper
Providence Farm  Online Content
trapper
P

Joined: Feb 2020
Indiana
There is aa drop at least every ten years and always someone calling for it. With evaluations and geo political issues along with the rest of the economic info I thought we should have had a larg correction that lasted longer before now and im not referring to knee jerk reaction to tariffs.

Im glad I have not just sat on the side line though I would have lost purchasing power and missed out on nice gains. I do have about 8 to 10 % in cash ready to invest when the drop comes. I have basically been about 60/40. 60 % dollar cost averaging into index funds 40% timing the market. Short term the last 3 years its worked out and I have beat the market by 2 to 3 % each year. I have gotten lucky its not knowledge or skill.

But almost every stock I have sold taking profits if I keep them instead I would have made much higher gains. Except one.

Re: Time to sell? [Re: Donnersurvivor] #8606937
1 hour ago
1 hour ago
Joined: Aug 2012
South Dakota
R
Rat Masterson Offline
trapper
Rat Masterson  Offline
trapper
R

Joined: Aug 2012
South Dakota
Originally Posted by Donnersurvivor
Originally Posted by Rat Masterson
Get an end to Iran and gas goes down, I think there will be a boom.

Wrap up the Ukrain fiasco and removing Russian sanctions would help also


If both wars ended it would be a super boom, no guessing.

Re: Time to sell? [Re: danny clifton] #8606938
1 hour ago
1 hour ago
Joined: Jun 2008
sseMinnesota
blackhammer Offline
trapper
blackhammer  Offline
trapper

Joined: Jun 2008
sseMinnesota
The Ukraine war will probably go on for years unless something happens to Putin.


Ah,for the life of a millionaire,say some,but just let me stay a trapper. Bill Nelson
Re: Time to sell? [Re: snowy] #8606939
1 hour ago
1 hour ago
Joined: Feb 2020
Indiana
P
Providence Farm Online content
trapper
Providence Farm  Online Content
trapper
P

Joined: Feb 2020
Indiana
Originally Posted by snowy
A one person prediction and he writes many articles for his advantage to get richer. People eat that stuff and money made for who every reads them. No one can predict what the stock markets will do.

Stock market started in America in 1792 and has been the longest running single business in America. The markets are ebb and flow system and if his prediction which I never read, but what percentage does he say it goes down too??

I won't be selling anything and holding pat if there is any storm on the horizon. You sell you pay taxes on all gains so not worth the trade for me. What goes down will go back up and more. The problem none when do you buy back in?? That strategy sell and buy back is never a winning game.





Taxes depend on your account type. Retirement counts dont have the yearly tax drag roth has zero. Youth stands on knowing where the top and bottom are I 100% agree with. So during dips I have my starting buy point and start buying and have more buy orders in at lower amounts.

Keeps me from geting two excited and taking to large a bite at what may higher price than I could have bought at . But if it bounces back up I dont buy as much as I was wanting so may not be the best approach. But after buying a large amount (for me) of one stock all at once and have it drop and stay much lower for a year before geting back above where I bought it at the nibble on way down approach and dollar cost averaging work well for me. My approach will likely continue to change and evolve as I gain experience and education.

Re: Time to sell? [Re: danny clifton] #8606952
27 minutes ago
27 minutes ago
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
The Compounding Advantage
The stock market benefits from compounding, which labor does not.

Labor is linear: You trade one hour for X dollars. You cannot "compound" your Tuesday shift into a double-sized shift on Wednesday without working more.

Capital is exponential: Your investment earnings generate their own earnings. Over 30 years, a modest investment can dwarf a lifetime of salary increases.

Wealth is gain by ownership and investors make more money not working then the actual person working everyday. Since 1872 the birth of market trading the average percentage gain per year is 7 to 8%. The increase in wages has had an average increase of 1 to 3% through times. Through bad or good years in the markets if you don't have to sell to put food on the table is of great value even at a lost year of gains. Compounding in the markets is where you want to concentrate your efforts. Selling and buying back in isn't a path to wealth.


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Time to sell? [Re: danny clifton] #8606955
19 minutes ago
19 minutes ago
Joined: Mar 2023
WI
WI Outdoors Offline
trapper
WI Outdoors  Offline
trapper

Joined: Mar 2023
WI
Depends on age too. Especially if retired. Totally different than how a 30 year old handles the market dips.

Re: Time to sell? [Re: danny clifton] #8606965
8 minutes ago
8 minutes ago
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
^ never to late to build, but yes you you need seed money to start with. Even 10 years of building and not selling and continuing the growth/compounding will build a nice stash.

Some started the game to late and have to sell to eat and live. Those are behind the 8 ball and wealth in the financial world may never be a reality.


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
Re: Time to sell? [Re: danny clifton] #8606966
8 minutes ago
8 minutes ago
Joined: Feb 2011
alberta
S
spjones Offline
trapper
spjones  Offline
trapper
S

Joined: Feb 2011
alberta
Nobody ever went broke taking profits

What happens after,,,, is another story

Re: Time to sell? [Re: danny clifton] #8606967
5 minutes ago
5 minutes ago
Joined: Dec 2011
MT
S
snowy Online content
trapper
snowy  Online Content
trapper
S

Joined: Dec 2011
MT
^ awe nope, never went broke!


Give me a fish, I will eat for a day. Teach me to fish, I will eat for a lifetime
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