Recession if Here!!!!

Recession if Here!!!!


» Site Navigation
Home Page The Villages Maps The Villages Activities The Villages Clubs The Villages Book Healthcare Rentals Real Estate Section Classified Section The Villages Directory Home Improvement Site Guidelines Advertising Info Register Now Video Tutorials Frequently Asked Questions
» Newsletter Signup
» Premium Tower
» Advertisements
» Trending News
» Tower Sponsors

» Premium Sponsors
» Banner Sponsors
» Advertisements
Thread Tools
Old 08-27-2019, 07:39 AM
stan the man stan the man is offline
Senior Member
Join Date: May 2016
Posts: 324
Thanks: 9
Thanked 2 Times in 2 Posts

When I need my shoes fixed i go to a shoemaker . When I want advice on stock market .................
Reply With Quote

Old 08-27-2019, 08:10 AM
ColdNoMore's Avatar
ColdNoMore ColdNoMore is offline
Join Date: Apr 2016
Location: Between 466 & 466A
Posts: 8,986
Thanks: 0
Thanked 60 Times in 44 Posts

It's always interesting to read those who claim to have sold at the absolute peak...and purchased at the absolute bottom.

Analogous to reading...a good science fiction novel.
Standing up for the underdog and against bullies...every chance I get.
Reply With Quote
Sponsored Links
Old 08-27-2019, 08:16 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Join Date: Mar 2008
Location: From Ohio, now happily live in Laurel Valley
Posts: 36,618
Thanks: 448
Thanked 210 Times in 130 Posts

Originally Posted by ColdNoMore View Post
It's always interesting to read those who claim to have sold at the absolute peak...and purchased at the absolute bottom.

Analogous to reading...a good science fiction novel.
Lot of braggies on here, and look downers on too.
I have to be myself, everyone else is taken.
Reply With Quote
Old 08-27-2019, 10:06 AM
JimJohnson's Avatar
JimJohnson JimJohnson is offline
Senior Member
Join Date: Jan 2019
Location: The Villages
Posts: 271
Thanks: 21
Thanked 52 Times in 27 Posts

Most of us here have moved into safe storage for our retirement. We are too old to be gambling with tote markets.
Reply With Quote
Old 08-27-2019, 10:26 AM
valuemkt valuemkt is offline
Senior Member
Join Date: Oct 2007
Location: The Villages - Formerly Atlanta Endicott and Syracuse NY
Posts: 307
Thanks: 0
Thanked 6 Times in 5 Posts

I always enjoy these posts. Reminds me of some of my younger day friends that went to the track and always bragged about their winnings and never heard about the losses. Anyway, congrats Gator.

I follow investments quite closely. Cash has returned near zero for the last several years. short term CDs around 2.5% .. below 2% currently. "high Yield" bonds and ETFs a little over 4.. which of course isnt cash.

Maybe you had a premonition and sold ALL of your stock holdings right at the top last summer, and early December. and then went 100% into stocks .. If so, good for you.

Regarding taxes, unless you are thinking of getting buried with your electronic stock certificates, you have to pay the piper if you want to enjoy the fruits of your labor. Pretty silly to delay that spending because you don;t want to pay your uncle. For all of us of a certain age, I think we acknowledge that in the long run we're all going to be on the other side of the green grass. So the days of delayed gratification are over. It's time to enter the distribution phase of life, and exit the many days of delayed gratification that many of us have practiced.

Which leads to a repeat of some of my prior posts. And a review of two acronyms: SWAN and FOMO. Do you have a need of Sleeping Well at Night (SWAN) ? Or do you have a constant Fear of Missing Out (FOMO) ? If you have all of your money hid under your mattress, it might help you to sleep well, because you;ll never worry about those headlines on the DOW going down 600 points in a day. Of course, you will not be able to participate in a brag-fest when people talk about their 20 per cent gain on some IPO (initial public offering) or a great year in the market. Or, if you suffer from FOMO, your money won;t be under that mattress, will it ?

When you;re balanced, you will never hit the "market" returns.. you will have lower highs, and higher lows. Cash and cash equivalents, fixed income (dividend stocks, preferred stocks, balanced funds), growth stocks.. all balanced to meet your retirement income and living requirements and expectations. I;ve met some day traders in the Villages investment clubs.. More power to them.
I happen to know people that cashed out their pensions and lost the entirety through FOMO.. they ended up going back to work and significantly reduced their standard of living. You don;t hear about them .. because you only hear about how much people have won at the track or casinos.

Isn;t SWAN a wonderful thing ??
Reply With Quote
Old 08-27-2019, 10:50 AM
dave111 dave111 is offline
Junior Member
Join Date: Aug 2019
Posts: 6
Thanks: 0
Thanked 0 Times in 0 Posts

While visiting some family this past weekend we were confronted with some CNN broadcasting which we normally never do. They were in fact discussing the upcoming recession, then one of the ladies announced that more than likely we are already in the recession but nobody realizes it yet! The funny thing (or sad) was they seemed to all be excited about the fact that a recession is coming or already arrived.

Happy to be back home were my personal ban of ALL cable TV news remains firmly in effect.
Reply With Quote
Old 08-27-2019, 11:05 AM
gatorbill1 gatorbill1 is offline
Senior Member
Join Date: Aug 2018
Location: Bonnybrook
Posts: 121
Thanks: 0
Thanked 8 Times in 5 Posts

In original post I didn't suggest I was doing the "right" thing just reported what I did and did say I was lucky. Will look at getting back into mutual funds in November and if not then, next Feb.
Reply With Quote

loss, lucky, years, year, yesterday

Thread Tools

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump

All times are GMT -5. The time now is 05:42 AM.