Where is the Bottom to Dow Jones?

» 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
Closed Thread
Thread Tools
  #31  
Old 03-20-2020, 07:57 AM
Satjr35031 Satjr35031 is offline
Junior Member
Join Date: Oct 2017
Posts: 11
Thanks: 0
Thanked 5 Times in 4 Posts
Default

Remember it took 108 years to get to 10,000 and only twenty days to lose 10,000
  #32  
Old 03-20-2020, 08:06 AM
dougawhite dougawhite is offline
Member
Join Date: Sep 2015
Posts: 63
Thanks: 31
Thanked 31 Times in 19 Posts
Default

Quote:
Originally Posted by Cranford61 View Post
the bottom of the DJA was yesterday because I cashed out all my stocks at the opening bell. Voila, Dow tanks early so I lost even more, and ended up +188. I did this as a public service because historically, I move the markets. Buy and the markets fall, sell and the markets rise. No applause please.
That's my line buy when I sell, sell when I buy, you'll be rich. I went to cash at 20K. I'll probably get back in late summer at the same point on its way back up.
  #33  
Old 03-20-2020, 08:40 AM
dadoiron dadoiron is offline
Senior Member
Join Date: Feb 2015
Posts: 129
Thanks: 3
Thanked 29 Times in 22 Posts
Default

0 is the true bottom but it will never get there.
  #34  
Old 03-20-2020, 08:46 AM
MandoMan MandoMan is offline
Veteran member
Join Date: Feb 2020
Location: Tierra del Sol
Posts: 741
Thanks: 1,121
Thanked 1,048 Times in 400 Posts
Default

If I had pulled out all my money a month ago, I would put it all back into the same mutual funds now. I’m kicking myself that I didn’t.
  #35  
Old 03-20-2020, 09:12 AM
Lisa99 Lisa99 is offline
Junior Member
Join Date: Apr 2012
Posts: 14
Thanks: 0
Thanked 1 Time in 1 Post
Default

We'll know well after it's actually hit bottom, starts coming back up and stays up.

I rebalance quarterly so will be buying more index fund equities soon to get my AA back into balance.
  #36  
Old 03-20-2020, 09:19 AM
jnafix jnafix is offline
Junior Member
Join Date: Jan 2020
Posts: 22
Thanks: 47
Thanked 14 Times in 7 Posts
Default

Thank you Villagers for sharing your wisdom. This was one of the best posts that I have yet to read.
  #37  
Old 03-20-2020, 09:26 AM
Scudder Scudder is offline
Junior Member
Join Date: Nov 2009
Posts: 15
Thanks: 0
Thanked 3 Times in 3 Posts
Default The DOW

Quote:
Originally Posted by 2BNTV View Post
I was wondering if anyone has any insight to where Dow Jones bottom will be? Does anyone know?

My investment broker doesn't really know but is saying a loss of 35% is bottom. As usual, investment brokers are saying that long term investors should stay calm and not miss the upswing.

As of yesterday, the market was 1400 points above when Trump took office, (please, no political commentary).

I am staying put as I missed the downturn and don't want to miss the upswing. I timed the last downswing during last market upheaval and it turned out great.
The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.
  #38  
Old 03-20-2020, 09:44 AM
jimbo2012's Avatar
jimbo2012 jimbo2012 is offline
Sage
Join Date: Mar 2012
Location: LI, NY >Fernandina South
Posts: 7,180
Thanks: 67
Thanked 105 Times in 63 Posts
Default

Quote:
Originally Posted by Scudder View Post
The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.
If any of you watch Cramer at 6 Mad Money

That's exactly what he says.

Also doesn't like funds etf's etc.
__________________
Nova Water filters | Solar Lithium golf cart upgrades
  #39  
Old 03-20-2020, 09:44 AM
prntxpresn prntxpresn is offline
Member
Join Date: Mar 2017
Posts: 59
Thanks: 0
Thanked 15 Times in 12 Posts
Default

Buy gold & silver commodities. SDBuillion.com
  #40  
Old 03-20-2020, 10:14 AM
retiredguy123 retiredguy123 is online now
Sage
Join Date: Feb 2016
Posts: 6,494
Thanks: 673
Thanked 5,027 Times in 1,832 Posts
Default

The reason why it is very difficult to time the bottom of the market is that, when it hits bottom, the event that caused stocks to go down is already over. The stock market reacts to anticipated future events that may or may not occur. If the event doesn't occur, then the market goes back up. If the event does occur, then it is too late to sell your stocks. Often, when a recession hits, the stock market is already on the way up because the market anticipated the recession in advance and has already bottomed out. So, you have to be able to predict the future to time the stock market.
  #41  
Old 03-20-2020, 10:35 AM
bebby17 bebby17 is offline
Junior Member
Join Date: Jan 2020
Posts: 4
Thanks: 0
Thanked 0 Times in 0 Posts
Default

your broker does not want u to get out cause he doesnt make any money if u do
technical annalists say 1800 but who knows
  #42  
Old 03-20-2020, 11:07 AM
dewilson58's Avatar
dewilson58 dewilson58 is offline
Sage
Join Date: May 2013
Location: South of 466a, if you don't like me.......I live in Orlando.
Posts: 7,774
Thanks: 493
Thanked 4,805 Times in 1,826 Posts
Default

Quote:
Originally Posted by Scudder View Post
The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.



Media is the only DOW watcher.
__________________
Mr. Helpful
  #43  
Old 03-20-2020, 11:09 AM
DON10E DON10E is offline
Member
Join Date: May 2018
Posts: 54
Thanks: 16
Thanked 65 Times in 20 Posts
Default

Quote:
Originally Posted by 2BNTV View Post
I was wondering if anyone has any insight to where Dow Jones bottom will be? Does anyone know?

My investment broker doesn't really know but is saying a loss of 35% is bottom. As usual, investment brokers are saying that long term investors should stay calm and not miss the upswing.

As of yesterday, the market was 1400 points above when Trump took office, (please, no political commentary).

I am staying put as I missed the downturn and don't want to miss the upswing. I timed the last downswing during last market upheaval and it turned out great.
The following is my opinion only. Consult your professional investment advisor before taking any actions.

I assume virtually nobody in the villages has all of their money in stocks. A moderate allocation would be 60/40 stocks/bonds.

Before this disruption, most people should have had 3-6 months of expenses in cash. Money they may need in the next 1-3 years can be invested conservatively (maybe 20% stocks). Money they won’t need until 4-7 years can be moderately invested (40% stocks?). Money not needed for 8+ years can be invested aggressively 80-100% stocks). That’s before the disruption. If you had all of your money in stocks, this post is not for you.

-if you don’t need income from your investment accounts you should be able to wait indefinitely for a recovery.

THIS PART IS VERY IMPORTANT:

-If you are drawing income each month or year, consider drawing only from the bonds in your account. That will give the stock portion time to recover while your cash flow is maintained. With even just 40% in bonds you could have 8 or more years before you have to touch the stocks.

If you are taking Required Minimum Distributions from your IRA that you don’t need, simply reinvest the net withdrawal after tax in a non-IRA account, allocated the same way your IRA is allocated. When the recovery comes your non-IRA money will recover, too.

Before you act on any of this, consult your professional investment advisor. Your mileage may vary.

Subscribe to Netflix and wait it out. This too will pass.
  #44  
Old 03-20-2020, 01:47 PM
jfkilduff jfkilduff is offline
Member
Join Date: Aug 2009
Location: Fort Myers, Florida
Posts: 32
Thanks: 0
Thanked 11 Times in 8 Posts
Default

We will end up owing the DJIA money. Best assumption is investors are starting to move their money toward MAYBE medical or MAYBE MILITARY have to wait a while to c which one comes out of this on top
  #45  
Old 03-20-2020, 01:55 PM
Skunky1 Skunky1 is offline
Senior Member
Join Date: Dec 2016
Posts: 280
Thanks: 19
Thanked 271 Times in 125 Posts
Default

When you find yourself living underneath a 2 million dollar bridge you know the DOW bottomed out.
Closed Thread

Tags
bottom, miss, market, investment, upswing

Thread Tools

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 01:13 PM.