Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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I think it took 25 years for the market to recover after the 1929-32 stock market crash. I hope you all have the industry recommended allocations for retirement periods if you are funding your retirement with investments versus defined benefits pensions/SS. Just sayin'.
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#17
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This belongs in the Investment Talk forum.
__________________
"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 |
#18
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Since we can not time the market I think our option is to have a cash reserve that will cover our needs for a couple of years so we do not have to sell stock for living expenses. In the long run if you have a share of stock worth $100 and it falls to $50 for a year or two and then goes up to $150 you are ahead of the game if you did not sell the share at $50.
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#19
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And it is up a whopping 14% since the peak of 2007 - that's 8 years folks. Love how the brokers always measure from the low. How many of these Einstein's called you on Monday and advised you to get out. I want the names of those guys.
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#20
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Before you sign on with a "Broker/Adviser" as to see his/her personal portfolio..... They will never show you it.... But they will tell you all about their great trader... That is why I do all my own trading and if I screw up I have no one to blame but myself...
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#21
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Another quote from Warren Buffett:
"Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it." Buffett also said, "Only when the tide goes out, do you discover who's been swimming naked." ................. My absolute favorite Buffett quote is, "Beware of geeks bearing formulas." |
#22
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Boomer? Do people quote Democrats in The Villages?
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It is better to laugh than to cry. |
#23
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Quote:
Aw, Gracie, I never really thought about needing to work on-script. Not my style. I just happen to like how that man can turn a phrase.......and buy a company. |
#24
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Quote:
Donald????
__________________
It is better to laugh than to cry. |
#25
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After a slump like this, the brokers and big money management firms typically recommend for the individual investor to buy on the dip. This brings new money into the market, temporarily propping up share prices, so the professionals can sell their shares with some recovery. This cycle repeats as the market falls, and shows up as an extended decline with intervals of saw-tooth spikes. So, buying on a dip is risky in an already overbought market.
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#26
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Quote:
Quote:
Now,now, Gracie, you know full well I meant Warren. You are just bein' your bad self this morning. But I gotta give you credit where it is due. That one-liner was quick and funny. Peace out. |
#27
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Quote:
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#29
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Yes it is permitted. You can add a quote from any Democrat to the discussion as we are not talking politics.
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#30
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I'm getting discouraged. When I retired in 1999 I asked for a bond portfolio with 6% yield. The unanimous answer was "you want a diversified portfolio". Since then the fed raised rates, lowered rates, tech bubble, Great Recession,etc. If you live long enough your portfolio will match historical returns. PS. don't forget RMD's at 70 1/2 just to throw thing off track a little more.
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Closed Thread |
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