texashuntingforum.com logo
Main Menu
Advertisement
Affiliates
Advertisement
Newest Members
Muff, Byron Head, eatsleephunt55, mike rig, skysenderossurveys
70395 Registered Users
Top Posters(All Time)
dogcatcher 110,618
bill oxner 91,416
SnakeWrangler 63,922
stxranchman 59,968
Gravytrain 46,950
RKHarm24 44,585
rifleman 44,461
BMD 41,241
Forum Statistics
Forums46
Topics613,051
Posts11,370,498
Members85,395
Most Online19,184
Feb 5th, 2020
Print Thread
Page 2 of 3 1 2 3
Re: Market Loses [Re: glens] #8623053 06/18/22 01:56 PM
Joined: Jun 2009
Posts: 4,884
D
Dry Fire Online Content
Extreme Tracker
Online Content
Extreme Tracker
D
Joined: Jun 2009
Posts: 4,884
My one dividend stock is down, but the dividend has remained unchanged. Got a big chunk in bonds and the only stock I'm buying is Apple. I had a buy order at $135 executed this week. My next buy order is $120. Apple is one of the few stocks I trust to rebound the quickest.


نتوكل على الله
Re: Market Loses [Re: angus1956] #8623234 06/18/22 07:56 PM
Joined: Feb 2008
Posts: 13,432
glens Offline OP
THF Celebrity
OP Offline
THF Celebrity
Joined: Feb 2008
Posts: 13,432
Originally Posted by angus1956
Originally Posted by Sewer rat
Originally Posted by angus1956
Holding cash on the sidelines.


So you are losing 10% a year.

In these time if your making 10% per year you need to share your number with everyone here. Happy for you.

Yeah most would like to jump on board with that 10% . Sold everything Wednesday at close and if I would have stayed in until close yesterday (Friday) would have lost another $15,000 grand from Wednesday in our so called managed/ watched investments. Need to start watching as this is the third time in 20 years We've taken a bath on low risk ETF's/Mutual Funds. Will fire this one and find another Firm next week. flame

Re: Market Loses [Re: glens] #8623254 06/18/22 08:20 PM
Joined: Dec 2010
Posts: 8,001
D
DocHorton Online Content
THF Trophy Hunter
Online Content
THF Trophy Hunter
D
Joined: Dec 2010
Posts: 8,001
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.

Re: Market Loses [Re: glens] #8623263 06/18/22 08:41 PM
Joined: Feb 2019
Posts: 1,123
P
Poppa Online Content
Pro Tracker
Online Content
Pro Tracker
P
Joined: Feb 2019
Posts: 1,123
What about reit’s? They should be solid but maybe not for long. Self storage units have been boomin as well as rental multi family

Re: Market Loses [Re: glens] #8623271 06/18/22 08:50 PM
Joined: Aug 2005
Posts: 19,759
Sniper John Online Happy
gumshoe
Online Happy
gumshoe
Joined: Aug 2005
Posts: 19,759
Originally Posted by glens
Originally Posted by angus1956
Originally Posted by Sewer rat
Originally Posted by angus1956
Holding cash on the sidelines.


So you are losing 10% a year.

In these time if your making 10% per year you need to share your number with everyone here. Happy for you.

Yeah most would like to jump on board with that 10% . Sold everything Wednesday at close and if I would have stayed in until close yesterday (Friday) would have lost another $15,000 grand from Wednesday in our so called managed/ watched investments. Need to start watching as this is the third time in 20 years We've taken a bath on low risk ETF's/Mutual Funds. Will fire this one and find another Firm next week. flame


Wednesday was a good opportunity if you wanted out. It was obvious to me that little rally after the fed meeting would not hold up. I was taking profit on all my trades going into close Wednesday, but I also started buying them back 2% to 5% cheaper going into close on Thursday. nidea

Re: Market Loses [Re: glens] #8623397 06/19/22 12:33 AM
Joined: Sep 2004
Posts: 10,337
D
DannyB Online Content
THF Celebrity
Online Content
THF Celebrity
D
Joined: Sep 2004
Posts: 10,337
A lot has been written lately about market liquidity. Just call it buyers. When you want to sell something there has to be a buyer. There has always been a buyer for a security you want to sell....right?

Mortgage Backed Securities have always been very very liquid, until one day recently. If and when a cascade of selling starts the same thing could happen with whatever you have to sell.

https://notoriousrob.com/2022/06/finally-no-bid-on-mbs/

Re: Market Loses [Re: glens] #8623464 06/19/22 02:48 AM
Joined: Jul 2005
Posts: 2,816
S
Stump_jumper Offline
Veteran Tracker
Offline
Veteran Tracker
S
Joined: Jul 2005
Posts: 2,816
Last week I was ready to put some of my cash to work and buy some more DVN. I am glad I didn't. Now I am looking to lock in the profits I have in oil stocks.


2017 Tundra 5.7 CM 4x4
2006 Champion 2200 Bay Boat
Re: Market Loses [Re: glens] #8623543 06/19/22 06:48 AM
Joined: Aug 2004
Posts: 17,639
T
Txduckman Online Happy
THF Celebrity
Online Happy
THF Celebrity
T
Joined: Aug 2004
Posts: 17,639
Originally Posted by glens
Originally Posted by angus1956
Originally Posted by Sewer rat
Originally Posted by angus1956
Holding cash on the sidelines.


So you are losing 10% a year.

In these time if your making 10% per year you need to share your number with everyone here. Happy for you.

Yeah most would like to jump on board with that 10% . Sold everything Wednesday at close and if I would have stayed in until close yesterday (Friday) would have lost another $15,000 grand from Wednesday in our so called managed/ watched investments. Need to start watching as this is the third time in 20 years We've taken a bath on low risk ETF's/Mutual Funds. Will fire this one and find another Firm next week. flame


What are you doing and firing folks for? You expect them to time the market perfectly for you? You will never find that exact match. It's going to go back up you know.

Re: Market Loses [Re: glens] #8623563 06/19/22 11:33 AM
Joined: Aug 2008
Posts: 14,858
D
don k Online Content
THF Celebrity
Online Content
THF Celebrity
D
Joined: Aug 2008
Posts: 14,858
If you don't sell you don't loose. The market will come back and then you will wish you had kept.

Re: Market Loses [Re: don k] #8623613 06/19/22 01:01 PM
Joined: Oct 2012
Posts: 22,278
Creekrunner Online Content
THF Celebrity
Online Content
THF Celebrity
Joined: Oct 2012
Posts: 22,278
Originally Posted by don k
If you don't sell you don't loose. The market will come back and then you will wish you had kept.


Exactly. Some guys spend a ton of their life watching this stuff. If it's your passion, well, it's good to have a hobby. I try not to look at our stuff very often. I trust and rely on our financial guy and his firm. He'll call and say "We've got a problem," if there's a problem. I haven't received that call in 20 years.

'Never met anyone that "hit it big" doing their own thing. I remember back in the "day trader" days. Lots of guys stealing time from their employer, messing with that BS. They were all gonna be rich.


...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
Re: Market Loses [Re: DocHorton] #8623646 06/19/22 01:49 PM
Joined: Feb 2008
Posts: 13,432
glens Offline OP
THF Celebrity
OP Offline
THF Celebrity
Joined: Feb 2008
Posts: 13,432
Originally Posted by DocHorton
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.



No Doc fired Schwab and took a pounding then and I moved to another firm. (US Capital Advisors). My problem is I never even glance at it. Our's is low risk investments with a ("you call me if portfolio drops 10%") agreement and I didn't watch it this time either. Down a ton since January. Moved all to cash (Wednnesday at close) or short term T Bills until this straightens out. When I get back in, will check it often and with another firm.

Re: Market Loses [Re: Poppa] #8623730 06/19/22 03:12 PM
Joined: Aug 2009
Posts: 20,759
B
BigPig Online Content
THF Celebrity
Online Content
THF Celebrity
B
Joined: Aug 2009
Posts: 20,759
Originally Posted by Poppa
What about reit’s? They should be solid but maybe not for long. Self storage units have been boomin as well as rental multi family


We bought a dump of a house in a nice little east Texas town. Word has spread that we are rehabbing it for a LTR. I’m setting the price now at $1800 a month for a 1300sqft 3/2. People are chomping at the bit and we are hoping to have it up and running by mid September


Wade Dews, REALTOR ®
Rendon Realty, LLC
Frontline Real Estate Team
www.RendonRealty.com
WadeDews@gmail.com
214-356-2410
VETERAN & LAW ENFORCEMENT OWNED & OPERATED
$1500 back at closing for First Responders, Veterans, and Teachers.
Re: Market Loses [Re: glens] #8623793 06/19/22 04:53 PM
Joined: Aug 2004
Posts: 17,639
T
Txduckman Online Happy
THF Celebrity
Online Happy
THF Celebrity
T
Joined: Aug 2004
Posts: 17,639
Originally Posted by glens
Originally Posted by DocHorton
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.



No Doc fired Schwab and took a pounding then and I moved to another firm. (US Capital Advisors). My problem is I never even glance at it. Our's is low risk investments with a ("you call me if portfolio drops 10%") agreement and I didn't watch it this time either. Down a ton since January. Moved all to cash (Wednnesday at close) or short term T Bills until this straightens out. When I get back in, will check it often and with another firm.


Since you went all cash just now you are gambling the market will drop and you will get back in at the bottom. That is market timing. Good luck.

Re: Market Loses [Re: glens] #8623797 06/19/22 05:03 PM
Joined: Jul 2013
Posts: 5,643
Wilhunt Online Content
THF Trophy Hunter
Online Content
THF Trophy Hunter
Joined: Jul 2013
Posts: 5,643
All funds sitting on the side for now. Made the switch about 6 weeks ago. Had talked with a large financial institution about staying in with a lot of diversifications. They gave me their recommendations of which I checked a few days later. All had a loss for that day, nobody watches your funds as much as you do.

Re: Market Loses [Re: Txduckman] #8623869 06/19/22 07:58 PM
Joined: Aug 2005
Posts: 19,759
Sniper John Online Happy
gumshoe
Online Happy
gumshoe
Joined: Aug 2005
Posts: 19,759
Originally Posted by Txduckman
Originally Posted by glens
Originally Posted by DocHorton
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.



No Doc fired Schwab and took a pounding then and I moved to another firm. (US Capital Advisors). My problem is I never even glance at it. Our's is low risk investments with a ("you call me if portfolio drops 10%") agreement and I didn't watch it this time either. Down a ton since January. Moved all to cash (Wednnesday at close) or short term T Bills until this straightens out. When I get back in, will check it often and with another firm.


Since you went all cash just now you are gambling the market will drop and you will get back in at the bottom. That is market timing. Good luck.


For what has been going on this year I see a bigger picture.
I might be wrong on a point or two in how I present it and I had to look up a couple figures, but my basic understanding before 2022 the Fed had accumulated almost 9 trillion in assets buying 120 billion of the bond market monthly. In December the Fed started tapering those purchases and at some point in 2022 would start reducing those assets as they reach maturity. Which started in March and will accelerate in Sept. Then you also know early in 2022 the Fed is going to start raising interest rates. And they did start. 50 points last month, 75 this month. Then too we have a significant adult population that is experiencing problems from inflation for the first time in their lives. Though the Fed policy is trying to curb or slow it, history has shown it can't stop it and could even make it worse. We also know from past history that oil prices have a direct influence on inflation and our current govt is anti fossil fuel. Not to mention Russia a major producer of same had amassed an army on the border of Ukraine at the time.

At the first of the year, the market had just come off somewhere near it's all time high probably due to a start back to normal from covid. You can't predict a market bottom, but If anyone was paying attention and doing any research on how the above events would impact the market, they could have predicted which direction the market was going to go the first half of 2022. No doubt, no speculation. Even with the obvious I regret due to the can't time the market mentality that is drilled into all of us, I think I only moved 1/3rd into cash after selling and rebalancing in early January, but at least most of what I sold was big tech stuff.

Re: Market Loses [Re: glens] #8623914 06/19/22 09:20 PM
Joined: Jul 2015
Posts: 230
R
Remo Offline
Woodsman
Offline
Woodsman
R
Joined: Jul 2015
Posts: 230
Betting the bottom is lower, been moving the last of a few items into cash over the past few months, but still have a shrinking IRA I need to move to self-directed. Right now it seems like having a kick-[censored] electric generator would be a better investment than a lot of things.
Interesting watching how gold and silver behave in dollar price the past few years. Those prices never do what I would think, making me reticent to move more bigly into metals. They look manipulated on their face, even to a $ moron like me.
I'm very wary 'cause right out of college I had a job in financial service and contacts at Bernard Madoff and man, don't let anyone tell you what they were doing wasn't obvious to anyone paying attention, even the clients.

Re: Market Loses [Re: glens] #8623932 06/19/22 10:01 PM
Joined: Jul 2013
Posts: 4,719
tlk Online Happy
Extreme Tracker
Online Happy
Extreme Tracker
Joined: Jul 2013
Posts: 4,719
Here is my advice (especially to the younger folks who are a ways from retirement)

I decided years ago that I did not want to spend my retirement counting on having to make 6-10% or more with market exposure so as to not run out of money before wife and I die. So I invested in good mutual funds during my accumulation days but even more important than that is I saved a good percentage of my income over all those years and did not touch it. I religiously saved. Then when I hit my early 60's I had enough that I could provide a good income without being heavy into the market. Currently I am 90% in a fixed 3.5% return account and 10% in conservative mutual funds.

I wanted to be in a position that when I retired I did not have to put my money at risk but rather accept lower returns but have little or no risk. It has worked out pretty well.

(the 3.5% guaranteed fixed return is from my 401K plan and several fixed annuities I bought)


You can't fix stupid
Re: Market Loses [Re: glens] #8623982 06/19/22 11:51 PM
Joined: Jan 2013
Posts: 19,408
P
Pitchfork Predator Offline
THF Celebrity
Offline
THF Celebrity
P
Joined: Jan 2013
Posts: 19,408
Fear and greed are an interesting irony to observe……just like this thread shows…..people let fear drive them to sell at the worst time and greed sees them buy at the all time highs when they should go to cash……and move to cash when they should be buying……this is why most investors return suck compared to passive index investing……hammer


Marc C. Helfrich
Retirement Planner

www.insured-wealth.com
469-323-8920
Re: Market Loses [Re: Pitchfork Predator] #8624044 06/20/22 01:57 AM
Joined: Jul 2013
Posts: 4,719
tlk Online Happy
Extreme Tracker
Online Happy
Extreme Tracker
Joined: Jul 2013
Posts: 4,719
Originally Posted by Pitchfork Predator
Fear and greed are an interesting irony to observe……just like this thread shows…..people let fear drive them to sell at the worst time and greed sees them buy at the all time highs when they should go to cash……and move to cash when they should be buying……this is why most investors return suck compared to passive index investing……hammer


Yep


You can't fix stupid
Re: Market Loses [Re: Creekrunner] #8624052 06/20/22 02:12 AM
Joined: Apr 2005
Posts: 17,546
TurkeyHunter Online Content
THF Celebrity
Online Content
THF Celebrity
Joined: Apr 2005
Posts: 17,546
Originally Posted by Creekrunner
Originally Posted by don k
If you don't sell you don't loose. The market will come back and then you will wish you had kept.


Exactly. Some guys spend a ton of their life watching this stuff. If it's your passion, well, it's good to have a hobby. I try not to look at our stuff very often. I trust and rely on our financial guy and his firm. He'll call and say "We've got a problem," if there's a problem. I haven't received that call in 20 years.

'Never met anyone that "hit it big" doing their own thing. I remember back in the "day trader" days. Lots of guys stealing time from their employer, messing with that BS. They were all gonna be rich.


up

Very well stated.


To be determined
Re: Market Loses [Re: BigPig] #8624100 06/20/22 03:18 AM
Joined: Dec 2010
Posts: 8,001
D
DocHorton Online Content
THF Trophy Hunter
Online Content
THF Trophy Hunter
D
Joined: Dec 2010
Posts: 8,001
Originally Posted by BigPig
Originally Posted by Poppa
What about reit’s? They should be solid but maybe not for long. Self storage units have been boomin as well as rental multi family


We bought a dump of a house in a nice little east Texas town. Word has spread that we are rehabbing it for a LTR. I’m setting the price now at $1800 a month for a 1300sqft 3/2. People are chomping at the bit and we are hoping to have it up and running by mid September


up

Re: Market Loses [Re: DocHorton] #8624389 06/20/22 04:38 PM
Joined: Feb 2019
Posts: 1,123
P
Poppa Online Content
Pro Tracker
Online Content
Pro Tracker
P
Joined: Feb 2019
Posts: 1,123
Originally Posted by DocHorton
Originally Posted by BigPig
Originally Posted by Poppa
What about reit’s? They should be solid but maybe not for long. Self storage units have been boomin as well as rental multi family


We bought a dump of a house in a nice little east Texas town. Word has spread that we are rehabbing it for a LTR. I’m setting the price now at $1800 a month for a 1300sqft 3/2. People are chomping at the bit and we are hoping to have it up and running by mid September


up

right on!

Re: Market Loses [Re: Txduckman] #8624448 06/20/22 06:19 PM
Joined: Feb 2008
Posts: 13,432
glens Offline OP
THF Celebrity
OP Offline
THF Celebrity
Joined: Feb 2008
Posts: 13,432
Originally Posted by Txduckman
Originally Posted by glens
Originally Posted by DocHorton
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.



No Doc fired Schwab and took a pounding then and I moved to another firm. (US Capital Advisors). My problem is I never even glance at it. Our's is low risk investments with a ("you call me if portfolio drops 10%") agreement and I didn't watch it this time either. Down a ton since January. Moved all to cash (Wednnesday at close) or short term T Bills until this straightens out. When I get back in, will check it often and with another firm.


Since you went all cash just now you are gambling the market will drop and you will get back in at the bottom. That is market timing. Good luck.


This is not a one upper thread.

True on timing/gambling but after looking at portfolio 2 weeks ago (($133,000 down since January 1st.) . I'm retired and drawing off account monthly. Never have but I will watch it in the next Rodeo. Been burnt 2 times since I've been retired (10 years) with no calls. Talk every month or two with Capital but they tell me evrything is moving along nicely.



dead_horse

Re: Market Loses [Re: glens] #8624614 06/20/22 10:51 PM
Joined: Oct 2017
Posts: 4,234
A
angus1956 Online Content
Extreme Tracker
Online Content
Extreme Tracker
A
Joined: Oct 2017
Posts: 4,234
Originally Posted by glens
Originally Posted by Txduckman
Originally Posted by glens
Originally Posted by DocHorton
Glens, didn't you sell at the low point when COVID hit too? It's only a loss on paper until you lock it in by selling.....

I will also say this....no one will watch your money like you do. Those "money managers" or "advisors" get paid no matter what your account does.



No Doc fired Schwab and took a pounding then and I moved to another firm. (US Capital Advisors). My problem is I never even glance at it. Our's is low risk investments with a ("you call me if portfolio drops 10%") agreement and I didn't watch it this time either. Down a ton since January. Moved all to cash (Wednnesday at close) or short term T Bills until this straightens out. When I get back in, will check it often and with another firm.


Since you went all cash just now you are gambling the market will drop and you will get back in at the bottom. That is market timing. Good luck.


This is not a one upper thread.

True on timing/gambling but after looking at portfolio 2 weeks ago (($133,000 down since January 1st.) . I'm retired and drawing off account monthly. Never have but I will watch it in the next Rodeo. Been burnt 2 times since I've been retired (10 years) with no calls. Talk every month or two with Capital but they tell me evrything is moving along nicely.



dead_horse

Was his nose growing when he told you that?

Re: Market Loses [Re: glens] #8624729 06/21/22 02:01 AM
Joined: Mar 2021
Posts: 90
D
Donpilot Online Content
Outdoorsman
Online Content
Outdoorsman
D
Joined: Mar 2021
Posts: 90
Stock market is down just a little since B took office. We have lost16 months of gains.

Page 2 of 3 1 2 3
Previous Thread
Index
Next Thread

© 2004-2022 OUTDOOR SITES NETWORK all rights reserved USA and Worldwide
Powered by UBB.threads™ PHP Forum Software 7.7.3