DOW 20k!!! - the investing thread

Between 10AM and 1PM it was trending up.

 

It will go back down IMO as no one would want to hold that risk level over weekend

 

Feel better yet

 

I don't have a cold.

 

The market does lol

 

I bought more in an S&P fund today and added more $ to my account to take advantage of more declines.

 

I bought some Cat and Ford today, wish I had more cash to invest.

 

I'm gonna buy some cat food, and some Ford parts after work...that count?

 

That divi on Ford is nice IF it stays Unicorn1

 

max it out

I'm guessing this is a (robo) managed portfolio

 

I wouldn’t do anything now down 12% but wait

 

It could be, robo or auto buying of fractions of some fund of some sort. Could just be a savings account making (not so) great interest.
You really should know !!! LOL How it is growing, or not, no matter how much it is.
I wish I had maxed out 401K when I was younger , only did what I had to for matching funds. AT least I did that.

 

Just post your account number and password, we can help you out!

Gary

 

There was a dramatic turn around at the end of the session today. The dow was down 1038 and closed down only 350. Nasdaq was up 1%. Cash will be looking for a home in stocks at some point, but it is hard to say when. I wouldn't worry at this stage of the correction wildwest assuming you don't want or need your money any time soon. In fact April might be a really good time to be adding more.

My wife's 401k is still fully invested. My father's stock guy is a perma-bull and I am sure he is buying. He jokingly tells me "there are no bears on Wall Street." My father-in-law has never liked the stock or bond markets, is doing very well, and always seems to feel secure with his gold, cash, forex, and real estate. In fact he seems to have less emotion about the markets than anyone I know. Each strategy seems to have it's time to shine. The key seems to be sticking to one's convictions over time through thick and thin.

In my way of thinking all the recent talk of further tax cuts, negative interest rates, and Fed stimulus smack of desperation to me, and are akin to fire suppression in an over mature forest which sets the stage for an even bigger conflagration in the future. Markets are simply doing their job now, which is price discovery to find semblance of true value. Natural cycles, which I believe markets are beholden to, will not be denied despite what our monetary and fiscal leaders attempt to do by way of facilitating more debt expansion.

I want the freedom and viable option to retire, or at least cut back my hours at any time over the next 4-6 years. Not that I want to retire anytime soon, but now I am now positioned for a multitude of potential changes in our circumstances. While not by much, my balance is up since Monday's close. It feels okay now, but I realize that if things turn around dramatically, I will start to have some second thoughts, but I anticipate staying put in 100% stable value for at least 6-9 months through thick and thin, and see where we are then, and certainly keep up with my automatic contributions. We get a 4% match as well as a substantial yearly contribution that used to be deposited into our separate pension account. My next move will probably be back to a target date 2025 fund.

 

The two of us had a call form our financial advisor today while we were out. She left a message that said, "don't worry; if you need any questions answered, please call". Neither of us had intentions of selling (or buying) for that matter.

Remember this from 2 months ago?