Black Monday on its Way Black Monday on its Way - Page 10 - Talk of The Villages Florida

Black Monday on its Way

Closed Thread
Thread Tools
  #136  
Old 04-08-2025, 04:38 PM
kkingston57 kkingston57 is offline
Soaring Eagle member
Join Date: Mar 2020
Posts: 2,120
Thanks: 62
Thanked 929 Times in 539 Posts
Default

Quote:
Originally Posted by bopat View Post
Most people, including me, have a mix of stocks, bonds, money markets and cash.

Not a problem to rebalance and take advantage of the perceived short term panic.
Correct but bet you felt better in December.
  #137  
Old 04-08-2025, 05:08 PM
jbartle1 jbartle1 is online now
Senior Member
Join Date: Jun 2021
Posts: 263
Thanks: 30
Thanked 267 Times in 109 Posts
Default

Quote:
Originally Posted by Aces4 View Post
Change the channel, your country is now operating as it should. Be patient for a bit.
Aces4, I have 2 friends, one lost 10 grand, other 40 grand, I’ll tell them to be patient!!!!
  #138  
Old 04-08-2025, 05:12 PM
Aces4 Aces4 is offline
Soaring Eagle member
Join Date: Dec 2015
Posts: 2,322
Thanks: 1,123
Thanked 2,398 Times in 1,023 Posts
Default

Quote:
Originally Posted by jbartle1 View Post
Aces4, I have 2 friends, one lost 10 grand, other 40 grand, I’ll tell them to be patient!!!!
Yes, if they are in the market and didn't panic sell they should recover. Look at the history of the market. If they have stock and sunk it all in China industries, it may be a long while.
  #139  
Old 04-08-2025, 05:13 PM
jbartle1 jbartle1 is online now
Senior Member
Join Date: Jun 2021
Posts: 263
Thanks: 30
Thanked 267 Times in 109 Posts
Default

Quote:
Originally Posted by eyc234 View Post
So a country is operating as it should when people are losing jobs, paying more for goods across the board, retirement accounts are being destroyed, innocent people are being arrested, people guilty of physically assaulting police officers are pardoned, the financial markets are tanking and the elected government tells you that suffering is good for you.
I could not have a better answer, thank you!
  #140  
Old 04-08-2025, 05:14 PM
Aces4 Aces4 is offline
Soaring Eagle member
Join Date: Dec 2015
Posts: 2,322
Thanks: 1,123
Thanked 2,398 Times in 1,023 Posts
Default

Quote:
Originally Posted by kkingston57 View Post
US based and factories elsewhere
Thanks to VAT, import taxes, excise taxes, non tax barriers and so forth. What people don't realize is how much they shell out for unemployment, Medicaid, welfare, housing and rent assistance and food pantries for the unemployed in the USA.
  #141  
Old 04-08-2025, 05:23 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,861
Thanks: 14,309
Thanked 5,095 Times in 1,951 Posts
Default

Quote:
Originally Posted by jbartle1 View Post
Aces4, I have 2 friends, one lost 10 grand, other 40 grand, I’ll tell them to be patient!!!!
They lost a few bucks through selling or Mr. Market has priced their portfolios down by those amounts? Did they buy high and then sell in the down market? If so, oh my!
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine

Last edited by manaboutown; 04-08-2025 at 06:18 PM.
  #142  
Old 04-08-2025, 05:28 PM
manaboutown manaboutown is offline
Sage
Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,861
Thanks: 14,309
Thanked 5,095 Times in 1,951 Posts
Default

Quote:
Originally Posted by dewilson58 View Post
As things stand now, in 2025, you can transfer up to $13.99 million free of taxes during your lifetime and after your death ($27.98 million for married couples).Jan 13, 2025

Almost $30mil for a married couple.........................Not a significant number of people that will be polluting their children and impacting society.
Don't forger the annual gift tax exclusion. $19K/donee in 2025. Gift Tax: 2024-2025 Exemptions and Limits - NerdWallet
__________________
"No one is more hated than he who speaks the truth." Plato

“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
  #143  
Old 04-08-2025, 05:43 PM
bopat bopat is offline
Senior Member
Join Date: Dec 2022
Posts: 203
Thanks: 14
Thanked 173 Times in 75 Posts
Default

Quote:
Originally Posted by kkingston57 View Post
Correct but bet you felt better in December.
Feel great now. I'm in it for the long term like most at my investment level. Those that chase with their emotions lose the most.
__________________
Making mirrors is a job I can really see myself doing.
  #144  
Old 04-08-2025, 06:06 PM
Stu from NYC Stu from NYC is online now
Sage
Join Date: Feb 2020
Posts: 15,255
Thanks: 1,261
Thanked 16,241 Times in 6,359 Posts
Default

Quote:
Originally Posted by jbartle1 View Post
Aces4, I have 2 friends, one lost 10 grand, other 40 grand, I’ll tell them to be patient!!!!
Market goes up and goes down but long term does trend upward.

No reason to panic.

BTW until they sell it is just a paper loss
  #145  
Old 04-08-2025, 07:05 PM
Normal's Avatar
Normal Normal is offline
Soaring Eagle member
Join Date: Jun 2021
Location: Earth
Posts: 2,471
Thanks: 5,324
Thanked 1,828 Times in 890 Posts
Default Taxes are always in the calculation

Quote:
Originally Posted by kingofbeer View Post
They moved overseas because it is much cheaper to manufacture overseas. Not because of taxes.
Taxes and labor are always reasons for businesses to make choices. They go hand in hand.
__________________
Everywhere

“ Hope Smiles from the threshold of the year to come, Whispering 'it will be happier'.”—-Tennyson

Borta bra men hemma bäst
  #146  
Old 04-08-2025, 07:10 PM
Boomer Boomer is offline
Soaring Parsley
Join Date: Nov 2007
Posts: 5,427
Thanks: 172
Thanked 2,434 Times in 844 Posts
Default

Sooooo, I was just perusing this thread to see what you all had to say today.

There sure were a lot of chickens being counted this morning.

When I began buying stocks online and would have a terrible, horrible, no good, very bad day, I would print the front page of my account, put it in my desk drawer, and wait. Doing that worked like a vaccination against market volatility. I do not panic. Most longtime dividend players do not panic because they feel like if they have made solid choices of stocks, they will get paid to wait. But I don't kid myself. A lot of investors remember GE and what happened under the wrong CEO.

All that being said, I do not think this will be a quick turnaround. I think a lot of wait-and-see time will be going by because every day brings a fresh hell of antics. It's the unpredictability of those antics that could/should cause business leaders and big investors to just bide their time and not make any sudden moves.

Looks like the Regurgitation Nation is being fed some line about how we have to go through hard times and suffer for the cause -- and they are lapping that line right up. Gimme a break. This is not WWII when the Homefront had to do its part. This is a self-inflicted wound. Will it heal? Who knows.

Boomer

PS: Speaking of dividends, a few hours ago, boring old PG increased its dividend. That makes 69 consecutive years of dividend increases -- every early April, like clockwork. The company has paid a dividend for 135 years. Procter and Gamble, one a candle-maker and one a soap-maker, decided to go into business together in 1890, in Cincinnati. They were married to sisters.
__________________
Pogo was right.

Last edited by Boomer; 04-08-2025 at 07:45 PM.
  #147  
Old 04-08-2025, 07:59 PM
rsmurano rsmurano is offline
Gold member
Join Date: Jul 2021
Posts: 1,055
Thanks: 6
Thanked 971 Times in 491 Posts
Default

Quote:
Originally Posted by kingofbeer View Post
Gaslighting! "In 2018, Trump imposed tariffs on steel and aluminum imports, resulting in price increases for Americans"
If they were so bad, why are they in place? How much did each American have to pay? If you make a statement like this, you should have proof. During trumps 1st term, I remember Pepsi in cans being much cheaper than they were at the end of 2024. I don’t remember anybody protesting they had to pay some exorbitant amount of increase for aluminum can products.
  #148  
Old 04-08-2025, 08:21 PM
Aces4 Aces4 is offline
Soaring Eagle member
Join Date: Dec 2015
Posts: 2,322
Thanks: 1,123
Thanked 2,398 Times in 1,023 Posts
Default

Quote:
Originally Posted by Boomer View Post
Sooooo, I was just perusing this thread to see what you all had to say today.

There sure were a lot of chickens being counted this morning.

When I began buying stocks online and would have a terrible, horrible, no good, very bad day, I would print the front page of my account, put it in my desk drawer, and wait. Doing that worked like a vaccination against market volatility. I do not panic. Most longtime dividend players do not panic because they feel like if they have made solid choices of stocks, they will get paid to wait. But I don't kid myself. A lot of investors remember GE and what happened under the wrong CEO.

All that being said, I do not think this will be a quick turnaround. I think a lot of wait-and-see time will be going by because every day brings a fresh hell of antics. It's the unpredictability of those antics that could/should cause business leaders and big investors to just bide their time and not make any sudden moves.

Looks like the Regurgitation Nation is being fed some line about how we have to go through hard times and suffer for the cause -- and they are lapping that line right up. Gimme a break. This is not WWII when the Homefront had to do its part. This is a self-inflicted wound. Will it heal? Who knows.

Boomer

PS: Speaking of dividends, a few hours ago, boring old PG increased its dividend. That makes 69 consecutive years of dividend increases -- every early April, like clockwork. The company has paid a dividend for 135 years. Procter and Gamble, one a candle-maker and one a soap-maker, decided to go into business together in 1890, in Cincinnati. They were married to sisters.
I suppose that slow, sure ride to Hades worked for so many but did anyone notice the sled was really picking up speed? Many are so focused on their "portfolio" and don't have a clue as to what the real issues or problems are other than the stock market.

Where this country was heading is far worse than WWII and we have made the turn but aren't out of the woods yet. When the leader of another country states that the diagnosis of the current situation being tackled is correct, you know this can't go on.

Last edited by Aces4; 04-08-2025 at 08:36 PM.
  #149  
Old 04-08-2025, 08:27 PM
rsmurano rsmurano is offline
Gold member
Join Date: Jul 2021
Posts: 1,055
Thanks: 6
Thanked 971 Times in 491 Posts
Default

Out of the last 40+ years of doing my own investing, I have sold most everything 2x and that was at the end of 2021 and 4 months ago. I stayed in during the 2000’s meltdown, the 2007/8 financial crisis, and the COVID crisis in 2020. I was a long term investor and let it ride. Now, I’ll sell in a heartbeat when I think it’s close to its highs. When you are in your 50’s and older, why do you want to ride a crisis out? You know a recession can happen at anytime and last a few years and then it could take years of gains to get to where you were years ago. Also, just because you have dividends coming in today, doesn’t mean that they will be there tomorrow, during bad recessions this is the 1st thing that companies stop paying.

You have heard the phrase: “pigs get slaughtered!” This applies to people that keep stocks/funds forever instead of taking part or all of the gains from a big jump and put it into another stock/fund that is low and out of favor but has good potential. There were many stocks that I got in during late 2022 and during early 2023 that had 100’s % gains and then I got out of all of them during 2024 and everything else last December and bought money market instead. Did I sell at their highest peaks? No, I don’t time the market for the highest highs or for the very bottom. So I made 200% on 1 instead of 250%, or I sold Apple to soon because it went up 15% after I sold, but I made 100% during the time I had it, so I’m not going to fret the small stuff.

Now, just like in 2022, I want the market to go down another 20%. I want to see Apple back around $140, nvidia lower by 15% - 20%, and a lot more good companies go much lower so they are ripe to make someone a lot of money when the recovery starts.
  #150  
Old 04-08-2025, 09:35 PM
OrangeBlossomBaby OrangeBlossomBaby is offline
Sage
Join Date: Feb 2015
Posts: 10,345
Thanks: 8,294
Thanked 11,511 Times in 3,873 Posts
Default

Quote:
Originally Posted by Aces4 View Post
Thanks to VAT, import taxes, excise taxes, non tax barriers and so forth. What people don't realize is how much they shell out for unemployment, Medicaid, welfare, housing and rent assistance and food pantries for the unemployed in the USA.
Unemployment compensation is an insurance program, and the premiums are paid by employers. Only some unemployed people qualify for it, and it's only available for 12 weeks unless a state provides more than that. In the case of state-sponsored extensions, those extra payments are usually paid for out of state income tax payroll deductions. Florida doesn't have income tax.

But if all the money paying for unemployed people is that big a deal, maybe more people should've made a louder noise when DOGE started firing tens of thousands of government workers whose families relied on their income - and now have none.
Closed Thread

Tags
black, monday, stock, reduction, 22%


You are viewing a new design of the TOTV site. Click here to revert to the old version.

All times are GMT -5. The time now is 01:31 PM.