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have all you "market Gurus" found your location?
#8600903
05/19/22 03:12 PM
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Joined: Jun 2011
Posts: 33,979
Buzzsaw
OP
THF Celebrity
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OP
THF Celebrity
Joined: Jun 2011
Posts: 33,979 |
Of the bridge you are about to leap off? Oh, yes, I know, everyone on here has invested so well , they are not being affected by the Great Recession of 2022 (Thanks Joe).
My lady tells me I'm 64% in "cash" whatever this means in Financial Advisor talk. I guess most of my $$ is in IRA's and Insurance, Munies. But I can't even get the courage anymore to look at my accounts.
Blah, Blah, Blah
NOW
How long till we see some SOLID bounce back? This November? November, 2 years from November?
I also have a bunch of just, plain, cash making a little interest in a "savings account" Which I can go withdrawal today. This covers all my toys and Whatever I spend over my pension and S.S income.
Really need to know how much I need to reel in my spending on toys. My Morgan Stanley money will be used when my fun money runs out. Hopefully By this time I'll be dead or not give a chit about toys anymore.
Sorry, I'm rambling again, suks getting old
Last edited by Buzzsaw; 05/19/22 03:13 PM.
SPACE FOR RENT
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600913
05/19/22 03:22 PM
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Joined: Oct 2012
Posts: 25,289
Creekrunner
THF Celebrity
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THF Celebrity
Joined: Oct 2012
Posts: 25,289 |
Our financial guy is coming to the house next week. 'Pretty sure I'll hear the phrase "booking losses." I do like the price of natural gas however.
...and have dominion over the fish of the sea, and over the fowl of the air, and over every living thing that moveth upon the earth. Gen. 1:28
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600919
05/19/22 03:29 PM
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Joined: Jul 2019
Posts: 2,338
rolyat.nosaj
Veteran Tracker
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Veteran Tracker
Joined: Jul 2019
Posts: 2,338 |
It should be fun. Try to take advantage of this opportunity.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600931
05/19/22 03:50 PM
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Joined: Sep 2012
Posts: 15,980
Jimbo1
THF Celebrity
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THF Celebrity
Joined: Sep 2012
Posts: 15,980 |
Just before I retired in Dec I moved all but a little north of $30k from my TSP account into the G fund. Wishing now I would have went all in the G. Guess I'll let it ride since it's not a loss until I move it.
FJB - Lets Go Brandon BBB - Bring Back Better Awake - Not Woke!
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600952
05/19/22 04:41 PM
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Joined: Mar 2010
Posts: 12,205
ntxtrapper
THF Celebrity
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THF Celebrity
Joined: Mar 2010
Posts: 12,205 |
Happy I cashed out when I retired.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600962
05/19/22 05:06 PM
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Joined: Sep 2013
Posts: 485
Uncle Zeek
Bird Dog
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Bird Dog
Joined: Sep 2013
Posts: 485 |
Portfolio value is down. Makes me sad.
Dividends keep coming in and reinvesting in more shares at the lower prices. Makes me a little less sad, but still sad.
"Decency is not news; it is buried in the obituaries - but it is a force stronger than crime" ~ Robert A. Heinlein Artim Law Firm, PLLC Estate, probate & taxes 2250 Morriss Road, Suite 205, Flower Mound, Texas 75028 972-746-0758 work zac@artimlegal.com
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600963
05/19/22 05:08 PM
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Joined: Nov 2020
Posts: 1,568
Texas452
Pro Tracker
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Pro Tracker
Joined: Nov 2020
Posts: 1,568 |
I cashed a bunch of my retirement out before the democrats stole the election. I bought land and glad I did. It doubled in price in just two years.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600968
05/19/22 05:17 PM
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Joined: Jun 2009
Posts: 4,971
Dry Fire
Extreme Tracker
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Extreme Tracker
Joined: Jun 2009
Posts: 4,971 |
I follow Ken Moraif. In early February he said if you are within 5 years of retirement, you might consider cashing out to lock in your gains. I did. Bought a bunch of 7.6% Treasuries that mature on 11/15/22. For now, I'll take 7.6% earnings. I did keep two stocks one for the dividend, the other as a gamble if it takes off.
coffee spelled backwards is eeffoc. I don't give eeffoc until I have my morning coffee.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600986
05/19/22 06:02 PM
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Joined: Mar 2020
Posts: 650
booskay
Tracker
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Tracker
Joined: Mar 2020
Posts: 650 |
I posted how to make 7% in 6 weeks on April 15th. Got a lot of flack, but the 6 weeks is up next Fri. and it did exactly what I said it would do. $2261/$31880=7%
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600995
05/19/22 06:15 PM
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Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
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THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
I’m down close to 30%. I’ll let it ride. I’m young enough that it won’t hurt. Won’t be putting anymore money into that market for a while, going to focus on real estate
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8600996
05/19/22 06:15 PM
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Joined: Nov 2014
Posts: 7,789
Mr. T.
THF Trophy Hunter
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THF Trophy Hunter
Joined: Nov 2014
Posts: 7,789 |
Cabin rental in Pagosa Springs, Co. Sleeps 10, If interested please PM me.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601009
05/19/22 06:46 PM
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Joined: May 2019
Posts: 963
Ben Kabisch
Tracker
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Tracker
Joined: May 2019
Posts: 963 |
I ventured into the stock market when Covid hit to try and get lucky...I was up quite a bit at one point but held it thinking it'd get even better and now i'm down 17%...still a LOT of upside to the company i invested in if they don't go bankrupt first!! I have a Roth IRA and a couple other retirement investments, but I'm not even gonna look at them right now!!haha
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601035
05/19/22 07:49 PM
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Joined: Jun 2011
Posts: 33,979
Buzzsaw
OP
THF Celebrity
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OP
THF Celebrity
Joined: Jun 2011
Posts: 33,979 |
SPACE FOR RENT
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601274
05/20/22 02:51 AM
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Joined: Jul 2011
Posts: 6,115
Ranch Dawg
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jul 2011
Posts: 6,115 |
THE ROAD GOES ON FOREVER AND THE PARTY NEVER ENDS.
F##K YOU JOE BIDEN !!!!!
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601303
05/20/22 03:44 AM
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Joined: Sep 2004
Posts: 10,851
DannyB
THF Celebrity
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THF Celebrity
Joined: Sep 2004
Posts: 10,851 |
Ya'll hang there. It is different this time vs. previous downturns, (crashes). Yes, it really is different. Our Feds have "Keystroked" trillions of money out of thin air.
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Re: have all you "market Gurus" found your location?
[Re: BigPig]
#8601311
05/20/22 04:58 AM
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Joined: Jan 2007
Posts: 26,198
KRoyal
Texoma Legend
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Texoma Legend
Joined: Jan 2007
Posts: 26,198 |
I’m down close to 30%. I’ll let it ride. I’m young enough that it won’t hurt. Won’t be putting anymore money into that market for a while, going to focus on real estate Buy when it’s low just that many more shares you’ll own when it goes back up. I think we’re in for a couple more hard years but in 24 if Trump can get back in or a maga candidate with a maga congress I think it’s going to go through the roof and get back on track. Like you said you’re young and it’s not going to hurt much I’m putting in more at the moment.
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601314
05/20/22 05:26 AM
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Joined: Jun 2015
Posts: 11,535
rickym
THF Celebrity
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THF Celebrity
Joined: Jun 2015
Posts: 11,535 |
My uncle is a pretty big investment advisor for a large company. They believe 2023 is going to be worse than this year.
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Re: have all you "market Gurus" found your location?
[Re: KRoyal]
#8601320
05/20/22 06:11 AM
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Joined: Aug 2009
Posts: 22,716
BigPig
THF Celebrity
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THF Celebrity
Joined: Aug 2009
Posts: 22,716 |
I’m down close to 30%. I’ll let it ride. I’m young enough that it won’t hurt. Won’t be putting anymore money into that market for a while, going to focus on real estate Buy when it’s low just that many more shares you’ll own when it goes back up. I think we’re in for a couple more hard years but in 24 if Trump can get back in or a maga candidate with a maga congress I think it’s going to go through the roof and get back on track. Like you said you’re young and it’s not going to hurt much I’m putting in more at the moment. I understand that. I have enough in cash sitting in the EJ to use when we feel it’s time. So for now I’ll focus on real estate ventures. Diversification is key
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601326
05/20/22 09:20 AM
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Joined: Oct 2013
Posts: 5,929
Ol Thumper
THF Trophy Hunter
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THF Trophy Hunter
Joined: Oct 2013
Posts: 5,929 |
Crack’s where the moneys at these days
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601329
05/20/22 09:37 AM
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Joined: Jan 2009
Posts: 12,156
kry226
The General
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The General
Joined: Jan 2009
Posts: 12,156 |
Everything's on sale now...
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601373
05/20/22 11:40 AM
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Joined: Nov 2009
Posts: 91,416
bill oxner
THF Celebrity
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THF Celebrity
Joined: Nov 2009
Posts: 91,416 |
I will simply ride out the roller coaster. I am staying ahead of my MRD.
Quail hunting is like walking into, and out of a beautiful painting all day long. Gene Hill
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Re: have all you "market Gurus" found your location?
[Re: Buzzsaw]
#8601389
05/20/22 12:06 PM
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Joined: Jun 2015
Posts: 5,175
scottfromdallas
THF Trophy Hunter
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THF Trophy Hunter
Joined: Jun 2015
Posts: 5,175 |
Not a guru but I’m in commodities, energy, precious metals during high inflation. When the markets really tank, everything gets sold off for margin calls. I knew a year ago that inflation was not transitory when you print $8 trillion in money supply in a few years. The most likely course is, Feds raises rates one more time, crash the market, and the economy, knee-jerk back to lower rates and QE. At which time, everyone will realize they have lost control and run to Gold and safe haven assets. Inflation will be ugly this entire decade.
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