Welcome to City-Data.com Forum!
U.S. CitiesCity-Data Forum Index
Go Back   City-Data Forum > General Forums > Economics > Investing
 [Register]
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
View detailed profile (Advanced) or search
site with Google Custom Search

Search Forums  (Advanced)
 
Old 11-14-2023, 07:37 AM
 
Location: Warwick, RI
5,470 posts, read 6,290,008 times
Reputation: 9488

Advertisements

Another nice up day today. The Fed is done raising rates, they’ll keep talking tough, but they’re done. I’m happy to be just about fully invested right now, would not want to be hiding out looking to somehow get back in. See you on New Year’s Day!

 
Old 11-14-2023, 07:44 AM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Quote:
Originally Posted by treasurekidd View Post
Another nice up day today. The Fed is done raising rates, they’ll keep talking tough, but they’re done. I’m happy to be just about fully invested right now, would not want to be hiding out looking to somehow get back in. See you on New Year’s Day!
Maybe I'll make sure I have a hangover on New Year's Day.
 
Old 11-14-2023, 07:45 AM
 
Location: Warwick, RI
5,470 posts, read 6,290,008 times
Reputation: 9488
Quote:
Originally Posted by BeerGeek40 View Post
Maybe I'll make sure I have a hangover on New Year's Day.
You and me both BG lol!!!
 
Old 11-14-2023, 08:32 AM
 
Location: East Coast of the United States
27,543 posts, read 28,630,498 times
Reputation: 25111
Quote:
Originally Posted by mathjak107 View Post
investing should be boring.
I would go further than that.

If investing isn't PAINFULLY boring, then you're not doing it right.

Very likely, the market is whipping your butt.
 
Old 11-14-2023, 09:01 AM
 
Location: Pennsylvania
31,340 posts, read 14,247,595 times
Reputation: 27861
Quote:
Originally Posted by BigCityDreamer View Post
I would go further than that.

If investing isn't PAINFULLY boring, then you're not doing it right.

Very likely, the market is whipping your butt.
If you're not retired early, and you want to be, you're not doing something right.
That's the real measure. If you have freedom of action do do what you want, before most people, you have succeeded.
If you're making 12% a year, but still slaving away for the man in a cubicle at age 65, you've overspent.
 
Old 11-14-2023, 09:10 AM
 
Location: Warwick, RI
5,470 posts, read 6,290,008 times
Reputation: 9488
Quote:
Originally Posted by BeerGeek40 View Post
If you're not retired early, and you want to be, you're not doing something right.
That's the real measure. If you have freedom of action do do what you want, before most people, you have succeeded.
If you're making 12% a year, but still slaving away for the man in a cubicle at age 65, you've overspent.
I agree with you on that. Money can’t buy you happiness, but it sure does buy you options.
 
Old 11-14-2023, 03:34 PM
 
106,569 posts, read 108,713,667 times
Reputation: 80058
Quote:
Originally Posted by BigCityDreamer View Post
I would go further than that.

If investing isn't PAINFULLY boring, then you're not doing it right.

Very likely, the market is whipping your butt.
it’s boring except on days like today

my fidelity account shows up over 100k in two weeks , that is pretty exciting
 
Old 11-14-2023, 04:37 PM
 
2,009 posts, read 1,207,993 times
Reputation: 3747
Funny, on days like today those famous technicians that go on CNBC--Carter Worth, Krasinsky, et al are nowhere to be found! yet, in October when we were having a pullback and close to a 10% correction ( which are totally normal and a feature of investing in stocks) they were all over the airwaves with "well, now that we broke the trendline, blah, blah blah " spewing gloom and doom

Bottom line is that if you’re a long-term investor, the biggest risk to reaching your goals likely isn’t a bear market. Stocks’ long-term annualized return of 10% includes bear markets! Bigger risk? Missing bull returns
 
Old 11-14-2023, 11:41 PM
 
37,590 posts, read 45,950,883 times
Reputation: 57142
Quote:
Originally Posted by mathjak107 View Post
it’s boring except on days like today

my fidelity account shows up over 100k in two weeks , that is pretty exciting
How does today compare to 2 months ago? 4 months ago?
 
Old 11-15-2023, 12:09 AM
 
Location: We_tside PNW (Columbia Gorge) / CO / SA TX / Thailand
34,690 posts, read 57,994,855 times
Reputation: 46166
Quote:
Originally Posted by ChessieMom View Post
How does today compare to 2 months ago? 4 months ago?
one yr ago...2 yrs ago

~31 July 2023 looks to have been my recent high, about enough difference since then to buy a 1975 home.

No complaints, up well over last yr at this time, but fidelity only holds my trading / play money. I've withdrawn only for toys and fluff. (such as a new roof this yr) Fridge, and a few other major purchases that I didn't count on.

Not starving (yet). Plenty of reserves... cash and fat. (still at HS weight 50+ yrs later) But not running nearly as fast. (by foot or vehicle). Plenty fast for my age.

but ... Not fast enough to short the market. (and win)
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.

Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.


Closed Thread


Over $104,000 in prizes was already given out to active posters on our forum and additional giveaways are planned!

Go Back   City-Data Forum > General Forums > Economics > Investing
Similar Threads

All times are GMT -6.

© 2005-2024, Advameg, Inc. · Please obey Forum Rules · Terms of Use and Privacy Policy · Bug Bounty

City-Data.com - Contact Us - Archive 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28, 29, 30, 31, 32, 33, 34, 35, 36, 37 - Top