How much are you down right now?
- Thread starter jjz
- Start date
Down about $2500 but pulled most out to money market last Nov on fears of a crash, missed some Dec and Jan run up but now it seems it was a good idea
Now the question is when to jump back in
Ya, I am wondering what to do right now. 1/2 of my money is locked into the company Pension and the other half is being actively managed.
I am thinking about sinking in a bit more money with my financial advisor.
This middle east issues has fucked with my portfolio.
Two stock market sayings that a wise man of my late father's generation advised me:
1. Take profits!
2. You can make money in the stock markets as a bull, and as a bear, but not as a pig...
At 80 years of age my RRIF is now 100% fixed income, almost impervious to stock market swings, but not to inflation.
1. Take profits!
2. You can make money in the stock markets as a bull, and as a bear, but not as a pig...
At 80 years of age my RRIF is now 100% fixed income, almost impervious to stock market swings, but not to inflation.
Energy stocks are helping right now. I should have bought more.
My gains really haven't dropped that much since all of them are on the tsx. Banks, oil, and energy. If my telcos improve I'll really be killing it. I'm just holding everything and riding the dividend train.
lost $85, 000 since Iraq war started but i suspect $20,000 bounce back today
crazy to be so wealthy never thought I would be
the big change is no financial worries
The market has nothing to do with anything except fear and greed
The market has nothing to do with the economy, it booms when investors put money in then tanks when they take it out
the market is uncontrolled chaos.
It is meant to give money to companies that need capitol to grow but it is controlled by irrational greed.
It can, and does, boom while the economy struggles. But, it will take the economy with it when it tanks .
crazy to be so wealthy never thought I would be
the big change is no financial worries
The market has nothing to do with anything except fear and greed
The market has nothing to do with the economy, it booms when investors put money in then tanks when they take it out
the market is uncontrolled chaos.
It is meant to give money to companies that need capitol to grow but it is controlled by irrational greed.
It can, and does, boom while the economy struggles. But, it will take the economy with it when it tanks .
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Crazy!!
Ya the market is just reacting to the Orange mad man.
Down? Relative to when? Two weeks ago? Noone should expect the stock market to be up every week. The market had just a minor setback, and we are now at the December level. Anyone who invested 3 months ago or earlier is still in the green. S&P/TSX Composite index is up 27% relative to what it was a year ago and 71% over the last 5 years. Even if the stock market goes down by 10% more, it will still be a very good year. Hell, it can go down 15% more, and it still be a decent year.
True.
But if fuel prices go sky high again due to conflicts, the destruction of storage and refining facilities, the long term closing of Hormuz, etc., and continue to cause major inflation due to the domino effect of high fuel prices, we may be heading for a severe recession.
Two weeks ago I had my investment manager sell enough stocks to fund my donations and expenses for the rest of the year, and then some.
It was definitely time to take profits, and hope that Trump will be a very lame duck after the mid-terms...
I have listened to Warren Buffet and I just stay in the market.
I have enough safe money for a few years that will ride a major downturn but there is something to worry about.
There is an unexpected wildcard in all this noise.
Trump is an incompetent irrational meglomaniac compulsive lying bully surrounded by boot licking incompetents so there are no reins to pull him in.
I would be a far greater president and I am totally unquailified. I would simply defer to the experts.
If he invades Iran things will feel like they have ended.
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Down 250k in past month. Stay invested. This too will pass.
Shrug - only about 5%. I'm really, really, no really hoping for a -30% drop sometime this summer. That would be really cool.
