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Old 05-07-2019, 05:19 PM
 
7,348 posts, read 4,602,445 times
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Quote:
Originally Posted by NewbieHere View Post
I thought the high was Sep 20, 2018, not Jan 2018. Maybe I didn’t go back far enough.
Edit to add vti was 148.91, much higher than Jan 2018.
It didn't say Jan 2018 is the high, it just said it is back to Jan 2018 high.
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Old 05-07-2019, 08:33 PM
 
Location: SoCal
20,160 posts, read 12,689,885 times
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Quote:
Originally Posted by Yippeekayay View Post
It didn't say Jan 2018 is the high, it just said it is back to Jan 2018 high.
No it’s not, we’re still higher than Jan 2018.
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Old 05-07-2019, 08:47 PM
 
10,004 posts, read 11,098,192 times
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Quote:
Originally Posted by parentologist View Post
Trump is trying to deal with China the same way he dealt with contractors for his bankrupt casinos. Markets down 2 - 2.5% on fears of trade war with China. I just don't think he would do it. He pressured the federal reserve to keep interest rates low in order to stoke the economy, he managed to push through an ENORMOUS tax cut for the rich, and both these things caused people to pour more money into the market. I don't think that he can take the flack when he causes a market downturn because of heavy tariffs and a trade war.

Right now, I'm kind of happy I pulled it out. But I still know it's probably the wrong thing to do. Gonna sit tight and wait for now.
You mean sit tight and sweat out when to come back in. Like was said from the beginning its two parts..when to get out and when to get back in.
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Old 05-07-2019, 11:27 PM
 
1,002 posts, read 1,193,313 times
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I did some nibbling today.
12 shares added to WMT. BA 15 shares, ITW 12 shares.

I have positions in all of them, just added a few shares with the decline.

Noticed the futures are pointing up tomorrow so will sit tight.
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Old 05-07-2019, 11:37 PM
 
Location: Was Midvalley Oregon; Now Eastside Seattle area
13,021 posts, read 7,400,835 times
Reputation: 9747
^perversely nibbling on a limit order helps discover how low the share price can go. Which means my existing shares are worth less and my average share price is lowered.
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Old 05-08-2019, 04:36 AM
 
Location: Henderson, NV
7,087 posts, read 8,602,043 times
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I don't have any money in the market and at present, I wouldn't put in any into it even if I did. It's impossible to time the market, I think most people who aren't too egotistical understand that, but at the same time I feel like the time to get in was long ago and I'd rather pour my money into stocks after some substantial correction. The fact is, when people say you can't time the market, they mean you can't figure out exactly where the top is and exactly where the bottom is. You absolutely can "time the market" in broad terms, though. You can figure when the market was down to 8K or 9K, it's off a lot, and you could have bought back then. Yes, it did go down to 6,900, but so what? It eventually went right back up to 14K and now crazy levels compared to back in 2007 even, before the crash. So while you cannot know the bottom, it's not hard to figure out, "Gee, market is down 25%, now might be a fairly solid time to buy." I wouldn't ever recommend trying to time the top, though, because it just seems virtually impossible to know when is high enough?

I only talk about timing it in a general sense because I have zero invested in stocks at all, so it seems kind of a foolish time to put money into stocks. I am young enough I could certainly put money in and not touch it for 20 years, but I frankly have better investments and expect more from my investments than the stock market can provide at present. Most of what I invest in, I expect appreciation of the underlying asset and cashflow each year from the investment at 5-7%, so the market can potentially hit 6-8% gains but I'd have to sell the stocks to realize those gains. Meh, I'd rather wait until I have cash and nothing else to invest in, which isn't currently reality. Too many good opportunities that have better returns. I do intend to have some money to put into the market to diversify a bit within the next 4 years. Maybe it'll hit a correction and the timing will be solid enough.
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Old 05-08-2019, 04:51 AM
 
106,069 posts, read 108,035,793 times
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Quote:
Originally Posted by JonathanLB View Post
I don't have any money in the market and at present, I wouldn't put in any into it even if I did. It's impossible to time the market, I think most people who aren't too egotistical understand that, but at the same time I feel like the time to get in was long ago and I'd rather pour my money into stocks after some substantial correction. The fact is, when people say you can't time the market, they mean you can't figure out exactly where the top is and exactly where the bottom is. You absolutely can "time the market" in broad terms, though. You can figure when the market was down to 8K or 9K, it's off a lot, and you could have bought back then. Yes, it did go down to 6,900, but so what? It eventually went right back up to 14K and now crazy levels compared to back in 2007 even, before the crash. So while you cannot know the bottom, it's not hard to figure out, "Gee, market is down 25%, now might be a fairly solid time to buy." I wouldn't ever recommend trying to time the top, though, because it just seems virtually impossible to know when is high enough?

I only talk about timing it in a general sense because I have zero invested in stocks at all, so it seems kind of a foolish time to put money into stocks. I am young enough I could certainly put money in and not touch it for 20 years, but I frankly have better investments and expect more from my investments than the stock market can provide at present. Most of what I invest in, I expect appreciation of the underlying asset and cashflow each year from the investment at 5-7%, so the market can potentially hit 6-8% gains but I'd have to sell the stocks to realize those gains. Meh, I'd rather wait until I have cash and nothing else to invest in, which isn't currently reality. Too many good opportunities that have better returns. I do intend to have some money to put into the market to diversify a bit within the next 4 years. Maybe it'll hit a correction and the timing will be solid enough.
I would disagree as a long term investor .... after decades of their never being a good time to invest because somethings are always hanging over the markets I grew a whole lot of money having my money work for me while I worked for money despite being through some really nasty times the last 32 years
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Old 05-08-2019, 05:07 AM
 
Location: Henderson, NV
7,087 posts, read 8,602,043 times
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Yeah, I would probably recommend almost anyone put their money into index funds long-term because it's a safe, smart way to invest. I'm an accredited investor, though, so I have opportunities that are rather unique and too good to resist. I keep thinking, "Well when I have some spare cash, yeah, I'd like to enter the market again," but I've so far had such good investments available that it didn't make sense to pass them up for the market. I do believe that will happen soon, though, as these investments end up kicking out more cash than I will have available investments for it, so the surplus would only make sense to put into the market, really, don't know what else I'd do with it.
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Old 05-08-2019, 07:04 AM
 
Location: East Coast of the United States
27,360 posts, read 28,432,865 times
Reputation: 24876
Quote:
Originally Posted by JonathanLB View Post
I don't have any money in the market and at present, I wouldn't put in any into it even if I did. It's impossible to time the market, I think most people who aren't too egotistical understand that, but at the same time I feel like the time to get in was long ago and I'd rather pour my money into stocks after some substantial correction.
There is no need to time the market. The market always goes up over time. That is all you need to know. Everything else is noise.

Just compare the stock market level now to what it was 5 years, 10 years, 20 years or 30 years ago.

Most things in life are much simpler than people are led to believe. People overthink things for no reason. Realize this and you will sleep peacefully at night without any worries.
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Old 05-08-2019, 07:15 AM
 
515 posts, read 357,718 times
Reputation: 2841
Default You have limited choices

When it comes to investing your money, you have limited choices anyway and they all have risks. Real estate? Could be ok or could be a nightmare. Stocks, bonds: deal with corrections and hold on. CD.s T-Bills: they won't keep up with inflation so you are losing money slowly. Risky stuff: gold, bitcoin, antiques, art - roll the dice. Probably the only real way to go is index funds with a long time frame. And hope the global financial system is stable.
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