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Stock Market
Posted: Wed Oct 02, 2019 4:38 pm
by Shakey Jake
Don't know about anyone else but my stocks have really taken a beating the last two days. Pretty much wiped out all the gains for the third quarter. Blame is being put on the manufacturing industry and China. I'm hoping for a rally by year's end.
Jake.
Re: Stock Market
Posted: Wed Oct 02, 2019 4:45 pm
by wingnut
IMHO, its the season. By degrees, it happens most years.
Re: Stock Market
Posted: Wed Oct 02, 2019 6:13 pm
by markiver54
The wife lets out a gasp lately when she looks at the closing bell #'s
Re: Stock Market
Posted: Wed Oct 02, 2019 6:57 pm
by Mags
October is the usual low point for the year.
Re: Stock Market
Posted: Wed Oct 02, 2019 10:31 pm
by BigAl52
Dont look Ethel
Re: Stock Market
Posted: Fri Oct 04, 2019 3:53 pm
by dave77
Haven't looked for a few days but my bond fund was doing OK last time I looked. I'm not brave enough for a stock fund. I lost out on quite a lot the last few years by not being in stocks but back when the market took the big dive I had most everything in bonds so lost very little.
Re: Stock Market
Posted: Fri Oct 04, 2019 4:12 pm
by Cowpokey
My 401k has "lost" $2,500 (6%) in the last week...not too happy with that.
Re: Stock Market
Posted: Fri Oct 04, 2019 4:28 pm
by GFK
I have been playing around with mutual fund accounts since 1990 or so. Since the market is hard to predict, I have come to investing monthly in different sectors. I use a bond fund, tech. funds, balance fund and a mid-cap fund. I figure that one of them will be up on even given day. If not, it is good to buy when prices are low.
If the product (market) is solid, I try not to worry about a fund. I typically try and wait a cycle (a full year), before I thinking about making changes. In fact, I was thinking about changing my bond fund last year. But, it started performing better this year.
The main issue that it seems to be with the market is that someone(s) is playing politics. I am not trying to bring up politics. It just seems that the economy is solid. So, there is no real reason for the fluctuations. Yes, there is an issue with trade. But, people are always trying to get the best deal possible. That is part of the market. As long as there is materials and labor to produce goods, the only issue left is profit. At this point, people seem to be coming to terms with a profit margin that all are willing to live with, for now.
Re: Stock Market
Posted: Fri Oct 04, 2019 6:43 pm
by Lyman
My 401k was down 1.5% as of yesterday. I see the Dow went up over 350 points today.
Re: Stock Market
Posted: Fri Oct 04, 2019 7:31 pm
by Cowpokey
Lyman wrote: ↑Fri Oct 04, 2019 6:43 pm
My 401k was down 1.5% as of yesterday. I see the Dow went up over 350 points today.
Hopefully that means mine will recover a bit...won't know for a day or two, the company we use doesn't publish the current figures right away.
Re: Stock Market
Posted: Fri Oct 04, 2019 8:20 pm
by Mags
.
There are a whole lot of lemming investors involved. A butterfly sneezes and it sets off a bunch of chain reaction panic selling.
GFK wrote:
I have been playing around with mutual fund accounts since 1990 or so. Since the market is hard to predict, I have come to investing monthly in different sectors. I use a bond fund, tech. funds, balance fund and a mid-cap fund. I figure that one of them will be up on even given day. If not, it is good to buy when prices are low.
If the product (market) is solid, I try not to worry about a fund. I typically try and wait a cycle (a full year), before I thinking about making changes. In fact, I was thinking about changing my bond fund last year. But, it started performing better this year.
The main issue that it seems to be with the market is that someone(s) is playing politics. I am not trying to bring up politics. It just seems that the economy is solid. So, there is no real reason for the fluctuations. Yes, there is an issue with trade. But, people are always trying to get the best deal possible. That is part of the market. As long as there is materials and labor to produce goods, the only issue left is profit. At this point, people seem to be coming to terms with a profit margin that all are willing to live with, for now.
Re: Stock Market
Posted: Fri Oct 04, 2019 10:15 pm
by Joe.45
Huge day today -October 4th- all indexes went up by at least 1% some close to 2%
Re: Stock Market
Posted: Sun Oct 06, 2019 2:55 pm
by Shakey Jake
Yeah, my stocks rebounded a bit but still not fully back to the level they started the week. I'm only down a little under $500 for the week.
Jake
Re: Stock Market
Posted: Sun Oct 06, 2019 5:50 pm
by markiver54
Shakey Jake wrote: ↑Sun Oct 06, 2019 2:55 pm
Yeah, my stocks rebounded a bit but still not fully back to the level they started the week. I'm only down a little under $500 for the week.
Jake
Rollercoaster!
Re: Stock Market
Posted: Sun Oct 06, 2019 5:59 pm
by Mags
I think it's going to be sideways bouncy for while.
Re: Stock Market
Posted: Fri Feb 28, 2020 10:07 am
by Shakey Jake
I was down a bit about the latest market reports but when analyzing my portfolio I'm still ahead of my purchase costs on all but one of my stocks. I purchased some more stock this morning hoping the "discount" will pay off within the next five years or so. I'm not in it for the short term. It's a gamble but one I'm willing to take today. If I'm wrong I'll just live with it.
Jake
Re: Stock Market
Posted: Fri Feb 28, 2020 10:39 am
by fortyshooter
Most of mine is just sitting making a minimum 3 % interest. Was looking at some funds that offer more but will stay put for a while.
Re: Stock Market
Posted: Fri Feb 28, 2020 11:19 am
by Sir Henry
In the last three years my IRAs have doubled. In 2019 my best went up 38.6%. Im cashing out most of my savings and putting it into the house.
I’m not rich but I live very comfortable.
Re: Stock Market
Posted: Fri Feb 28, 2020 12:07 pm
by Shakey Jake
Sir Henry wrote: ↑Fri Feb 28, 2020 11:19 am
In the last three years my IRAs have doubled. In 2019 my best went up 38.6%. Im cashing out most of my savings and putting it into the house.
I’m not rich but I live very comfortable.
We're not rich by any means either. I look at my stocks as more "life insurance" for the wife. It will be there when I'm gone and she can do with it what she wants.
Jake.
Re: Stock Market
Posted: Sat Feb 29, 2020 10:26 am
by RanchRoper
Likewise...I'm worth more in a pine box....