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Old 10-02-2023, 03:06 PM
Status: "Hello Darlin, Nice to see you - Conway Twitty" (set 4 days ago)
 
Location: 9764 Jeopardy Lane
792 posts, read 372,092 times
Reputation: 830

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CD rates near a year at 5.5% if you are OK with it.. buy on bad sell on good though - always been my MO and works great.

 
Old 10-02-2023, 03:16 PM
 
2,593 posts, read 2,283,188 times
Reputation: 4467
Quote:
Originally Posted by BeerGeek40 View Post
Why can't there be both areas covered, the way it is now? "Investing" and "trading" ?
There is no "one right way" to do it, and there are many different areas to discuss.
Dare I say that "trading" is the most interesting way to do it - of course it's not for everyone.
I consider “Share Your Trades as You Make them, a short term trading post, and “ long term investors, what are you buying and selling today?” As long term investing.
 
Old 10-02-2023, 03:22 PM
 
4,415 posts, read 2,937,322 times
Reputation: 6056
Quote:
Originally Posted by LeisureSLarry View Post
CD rates near a year at 5.5% if you are OK with it.. buy on bad sell on good though - always been my MO and works great.
I’m actually considering CDs now.
 
Old 10-02-2023, 03:48 PM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Quote:
Originally Posted by Berteau View Post
You called for a 20-25% drop. During that time period the S&P went up 10%.
I didn't remember putting a % decline on my call. And the DJIA (which is the index I follow - notice my original posting here) was up less than 5%.
That does not equal 35% in my book.

Considering you originally said it was a 60% drop...

Last edited by Lizap; 10-02-2023 at 05:16 PM.. Reason: Cleanup from previous poster
 
Old 10-03-2023, 07:30 AM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Red Tuesday.
 
Old 10-03-2023, 12:06 PM
 
2,593 posts, read 2,283,188 times
Reputation: 4467
The market isn’t going to calm down for a while. Especially while interest rates are still high.
 
Old 10-03-2023, 02:20 PM
 
2,009 posts, read 1,207,993 times
Reputation: 3747
Quote:
Originally Posted by organic_donna View Post
The market isn’t going to calm down for a while. Especially while interest rates are still high.

History tells us markets do fine with higher rates
Attached Thumbnails
Another call for a market short.-f7ieftwwmaa4fkc.png  
 
Old 10-03-2023, 02:26 PM
 
106,565 posts, read 108,713,667 times
Reputation: 80058
it isn’t the level rates are at this point ..it is simply investors reactions to these levels .

don’t forget 6-8% rates spurred some of the best bull-markets in history.

but that is because they were coming down from double digits ..

going up a lot can have the opposite investor reaction even though the rates are not to high for stocks to do fine
 
Old 10-03-2023, 02:33 PM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Quote:
Originally Posted by FREE866 View Post
History tells us markets do fine with higher rates
You're not getting it. We have seen things in the past 3 years that we have never seen before: economy locked down to combat a virus, 32 trillion in national debt, return of high inflation, and so forth. And let's not forget the biggie: the return of student loans having to be paid after a 3 year hiatus.

At some point, the market will be at a buying opportunity again. Nobody disputes it. But that time isn't now.
JMO of course.
 
Old 10-03-2023, 02:42 PM
 
2,009 posts, read 1,207,993 times
Reputation: 3747
Quote:
Originally Posted by BeerGeek40 View Post
You're not getting it. We have seen things in the past 3 years that we have never seen before: economy locked down to combat a virus, massive wave of 'migrants', 32 trillion in national debt, return of high inflation, and so forth. And let's not forget the biggie: the return of student loans having to be paid after a 3 year hiatus.

At some point, the market will be at a buying opportunity again. Nobody disputes it. But that time isn't now.
JMO of course.

Youre too much!


Learn history. We've been in much worse times.



Everything you just wrote isnt "news"



Market is like 10% off it's all time high and you , as usual, act like we are at depression levels.


This market crash prediction will , like your others, fail then when you get called out you''ll claim that people are "picking on you" lol
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