01-04-2016, 06:45 PM | #5457 | |
Captain
321
Rep 905
Posts |
Quote:
Also, you should be maxing out your contributions now (if you can) regardless of whether or not you think the market is too "rich' at the moment. |
|
Appreciate
0
|
01-04-2016, 06:47 PM | #5458 |
Private
14
Rep 98
Posts |
|
Appreciate
0
|
01-04-2016, 06:53 PM | #5459 | |
Colonel
1755
Rep 2,835
Posts |
Quote:
Low cost mutual funds, diversified portfolio. Simple, low expense, and I don't worry about what I read in today's paper because none of the money is going to be used today, this month or this year.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
|
Appreciate
0
|
01-04-2016, 07:03 PM | #5460 | |
Lieutenant
112
Rep 465
Posts |
Quote:
Nothing screws up your retirement savings and investing more than messing around with your account. |
|
Appreciate
0
|
01-04-2016, 09:36 PM | #5461 |
Lieutenant
372
Rep 530
Posts |
I know timing the market is hard to achieve and sounds silly but I done it in the pass. Worst case is Im earning less in my investments/retirement.
|
Appreciate
0
|
01-06-2016, 01:06 PM | #5462 |
Lieutenant General
19273
Rep 11,198
Posts
Drives: M4 CS. Former G82, x2 F82, F80
Join Date: Nov 2010
Location: Jacked out of my mind
|
To put the final nail in the coffin of whatever it was that has driven this ridiculous rally the past eight, oops make that seven years, please allow Richard Fisher to explain.
http://finance.yahoo.com/news/richar...135519223.html Funduuurmentals my everlovin ARSE. Good luck going forward peeps! |
Appreciate
0
|
01-06-2016, 04:23 PM | #5463 | ||
Colonel
1755
Rep 2,835
Posts |
Quote:
Obviously the worst case is you don't earn as much. Quote:
If he could give us dates of what will happen and how much up or down it would really be impressive.
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
||
Appreciate
0
|
01-07-2016, 03:32 PM | #5465 | |||
Lieutenant
372
Rep 530
Posts |
Quote:
401k also go true when we "buy low, sell high" |
|||
Appreciate
0
|
01-07-2016, 04:54 PM | #5467 |
Captain
1590
Rep 803
Posts |
|
Appreciate
0
|
01-07-2016, 05:03 PM | #5468 |
Captain
126
Rep 876
Posts |
As posted on 12/2/15
1. Swapped out my kids 529 accounts into cash today, are we at THE top right now, probably not, but trying to catch the last 10% of the rally is for suckers...imho....when it goes, it will go fast and before most realize what is happening...while many will expect a selloff, they will expect usual 10-20% correction but it will go beyond that...when mom/pop panic, thats when you must commit for the long term again to maximize your returns. 2. If you trade oil base on inventory, you will lose...oil is traded in USD and money supply reigns supreme here...oil has been hammered not due to inventories, but because everyone knows interest rates are going to go up leading to a contraction of the money supply, hence the dollar has been strong ...US dollar goes up, commodities must come down. 3. I told you guys 3 years ago we were going to make new all time highs and we were going to rally for a long time...not sure many believed me at the time...now we are getting really close to that top...too early to short now but no need to be aggressively long either....prudent to be cautious now....Bernanke and Yellen have always made it clear what to do...most things can be explained by the expansion/contraction of the money supply and how humans respond to this. All JMHO of course. We are extremely close to confirming a longterm top and bear mkt....not wise to try to catch that last 10% of the rally cause that 10% can go away in like 3 days. At this point most of the money will be made to the downside once we get that bear confirmation. The easy money on the way up is over and has been for awhile. Remember when I was pumping DTO(double inverse oil), now look at oil and DTO. The value of the US dollar is the key to oil prices. The has been like the 4th longest rally of all time, the next bear will be be significant(not quite as bad as 2008-9 though). anyone yet???? |
Appreciate
0
|
01-13-2016, 11:17 AM | #5469 | |
Zooombie attaaack!!
137
Rep 1,179
Posts |
Quote:
Really not wanting to seem like I'm calling you out, just wondering what the logic is behind what you're saying. |
|
Appreciate
0
|
01-13-2016, 03:09 PM | #5470 | |
Captain
126
Rep 876
Posts |
Quote:
You wouldn't be the first to call me out on this thread.......I don't profess to know/time anything, I base my ecisions off of educated guesses...nobody knows anything with 100% certainty am I right?...I don't even know if I will make it home alive tonight.... I always used to preface everything I say with "if you were smart you wouldn't listen to a word I am saying"....you should do your own dd and never blindly follow anyone as nobody will cover your losses but yourself. The reason why I won't reveal my methods is because it has taken a long time to cultivate my methods, why would I reveal them to a free OT message board?...some people, in the past, might have paid me for my services hehe. One thing I will never do is come on here saying buy this company or that as earnings will rise blah blah...because what has really changed with respect to earnings and revenues over past month on many of the stocks currently tanking?..nothing...stocks go up when people buy and go down when people see, nothing more, nothing less. When technical damage done to general mkt's, all stocks will tank, you can be sure of this. BTW, we are currently at Defcon 3 right now...another few days pf heavy selling and we will progress to Defcon 4 and 5.... If we have entered a true long term bear, its still early in the game so need to panic ...the next bear will last 1-2 years. Last edited by mact3333; 01-13-2016 at 03:14 PM.. |
|
Appreciate
0
|
01-13-2016, 05:35 PM | #5473 |
Captain
1590
Rep 803
Posts |
People said I was on crackpipe (especially WABs people) when I said Twitter is going to 19 when it was 35/sr. Shit, it went lower.
I think we are turning ugly times ugly. Historically it is no brainier on election year. (although some idiots here thinks they are econ professor for predicting this obvious shit)Currently shopping for ultra/Ultra pro short index funds.
__________________
Beware of Jeff Oliver the fraud at Highland Expedition Outfitters (aka HEO or HEOutfitters) located in Cosby TN.
|
Appreciate
0
|
01-13-2016, 06:04 PM | #5475 |
Know's a guy that know's a guy...
5646
Rep 1,905
Posts |
It's time to strap the seat belts on the toilet and hold on....
|
Appreciate
0
|
01-14-2016, 12:08 AM | #5477 | |
Captain
321
Rep 905
Posts |
Quote:
I'm tempted to get in on a european ETF called VGK because they have a 7% dividend (at the moment), but I haven't pulled the trigger yet. |
|
Appreciate
1
|
01-14-2016, 09:41 AM | #5478 | |||
Colonel
1755
Rep 2,835
Posts |
Quote:
http://abcnews.go.com/Business/story?id=6185252&page=1 Quote:
http://moneyover55.about.com/od/howt...tionmarket.htm Quote:
__________________
2006 Z4M Coupe - ZHP knob, stubby antenna, clutch delay delete
|
|||
Appreciate
0
|
Post Reply |
Bookmarks |
|
|