If most people feel that way, that's predicts a huge rebound, eh?Will do good wrote: ↑Sat Apr 04, 2020 6:54 pm No change to Investment.
Life, yes.
When things are back to "normal" we will not put off living to tomorrow, will see more families & friends, eat out more, travel even more than 3x-4x a year, do whatever we want (within reason) which we can afford, life is short.
Search found 20996 matches
- Sun Apr 05, 2020 11:13 am
- Forum: US Chapters
- Topic: Bogleheads community discussion - Coronavirus
- Replies: 1653
- Views: 109051
Re: Bogleheads community discussion - Coronavirus
- Sat Apr 04, 2020 2:11 pm
- Forum: US Chapters
- Topic: Bogleheads community discussion - Coronavirus
- Replies: 1653
- Views: 109051
Re: Has Covid-19 changed you?
If you don't mind me asking, what changes do you want to make?TheTimeLord wrote: ↑Sat Apr 04, 2020 1:57 pmLife wise, it has really helped me focus on what is important to me and the direction I want to go in the future. I am looking forward to when we are on the other side of this and changing a few things around.
- Sat Apr 04, 2020 2:10 pm
- Forum: US Chapters
- Topic: Bogleheads community discussion - Coronavirus
- Replies: 1653
- Views: 109051
Re: Has Covid-19 changed you?
Not yet...
I'm just waiting for things to go back to normal.
(But I recognize that things probably won't go back to normal)
But it will take 3-6 months of this before it really sinks in for me. (Unless someone I know dies, then I guess it will sink in immediately).
I'm still hopeful it won't last 3-6 more months.
I'm guessing I won't jump right back on a plane or a cruise, but at this point, I still expect those are still in my future. I still see ourselves taking that European river cruise when my wife turns 60.
I'm just waiting for things to go back to normal.
(But I recognize that things probably won't go back to normal)
But it will take 3-6 months of this before it really sinks in for me. (Unless someone I know dies, then I guess it will sink in immediately).
I'm still hopeful it won't last 3-6 more months.
I'm guessing I won't jump right back on a plane or a cruise, but at this point, I still expect those are still in my future. I still see ourselves taking that European river cruise when my wife turns 60.
- Sat Apr 04, 2020 12:26 pm
- Forum: Investing - Theory, News & General
- Topic: Why Factor Investing Increases Behavioral Risk
- Replies: 39
- Views: 4373
Re: Why Factor Investing Increases Behavioral Risk
I am not suggesting to avoid small-value or any other factor tilt. I am saying if you go down this path, it must be a life-long investment strategy. You need to embrace it, attach to it, and in a sense, marry it. Seems to me that one who has bought into the SCV theories may be less likely to do bad behavioral things. It seems to me that they are more likely to have put some deep thought into their reasons for it. I'd suggest those that have put some deep thought into their decision making would be less likely to do bad behavioral things. On the other hand, it seems that one who invests more in stocks than bonds may be more likely to do bad behavioral things. After all, how much deep thought does one put into the fact that stocks will outpe...
- Sat Apr 04, 2020 1:17 am
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: Bogleheads community discussion - Coronavirus
Folks, Latest New York State's numbers: https://www.youtube.com/watch?v=kEJYTTktOwo 14:27 3/24/2020 25,665 cases 3,234 hospitalized 756 ICU beds 3/25/2020 30,811 cases,3,805 Hospitalized, 888 ICU patients 3/26/2020 37,358 cases, 5,327 Hospitalized, 1,290 ICU patients, 1,517 patients discharged. 3/27/2020 44,635 cases, 6,481 Hospitalized, 1,583 ICU Patients, 2,045 patients discharged. 3/28/2020 52,318 cases, 7,328 Hospitalized, 1,755 ICU Patients, 2,726 patients discharged, 725 Deaths 3/29/2020 59,513 cases, 8,503 Hospitalized, 2,037 ICU Patients, 3,572 patients discharged, 965 Deaths 3/30/2020 66,497 cases, 9,517 Hospitalized, 2,352 ICU Patients, 4,204 patients discharged, 1,218 Deaths 3/31/2020 75,795 cases, 10,929 Hospitalized, 2,710 ICU...
- Fri Apr 03, 2020 4:40 pm
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: Bogleheads community discussion - Coronavirus
Folks, Latest New York State's numbers: https://www.youtube.com/watch?v=kEJYTTktOwo 14:27 3/24/2020 25,665 cases 3,234 hospitalized 756 ICU beds 3/25/2020 30,811 cases,3,805 Hospitalized, 888 ICU patients 3/26/2020 37,358 cases, 5,327 Hospitalized, 1,290 ICU patients, 1,517 patients discharged. 3/27/2020 44,635 cases, 6,481 Hospitalized, 1,583 ICU Patients, 2,045 patients discharged. 3/28/2020 52,318 cases, 7,328 Hospitalized, 1,755 ICU Patients, 2,726 patients discharged, 725 Deaths 3/29/2020 59,513 cases, 8,503 Hospitalized, 2,037 ICU Patients, 3,572 patients discharged, 965 Deaths 3/30/2020 66,497 cases, 9,517 Hospitalized, 2,352 ICU Patients, 4,204 patients discharged, 1,218 Deaths 3/31/2020 75,795 cases, 10,929 Hospitalized, 2,710 ICU...
- Fri Apr 03, 2020 3:08 pm
- Forum: Personal Investments
- Topic: Share what worked in your plan during the crisis
- Replies: 103
- Views: 8738
Re: Share what worked in your plan during the crisis
Ding Ding Ding!
Worked for me too... And a paid-off-house, so base expenses are low.
45/55... Got enough in bonds to last 10+ years... And that's if I lost my job... which I haven't yet.
So I don't have to care about short-term stock movements.
- Fri Apr 03, 2020 1:23 pm
- Forum: Personal Investments
- Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
- Replies: 136
- Views: 14115
Re: Do you want to own the whole haystack when someone has a blowtorch?
This. Good post.The Broz wrote: ↑Fri Apr 03, 2020 12:42 pm There are always winners and losers in business. The idea of owning everything is so that you don't have to guess the winners, and just hope you are right. Owning everything means you are guaranteed to own the winners, and their value is theoretically infinite. Sure - you own losers too, but they can only go to zero.
Owning the full market is simply a bet on the success of American business over the long term. Nothing more - nothing less.
- Fri Apr 03, 2020 1:23 pm
- Forum: Personal Investments
- Topic: Do you want to own the whole haystack [VTI] when someone has a blowtorch?
- Replies: 136
- Views: 14115
Re: Do you want to own the whole haystack when someone has a blowtorch?
Why are GM and Ford going to be losers in the long-term?
Your "core" Boglehead beliefs are about long-term returns, right?
First off, Cramer is not worth listening to.Why own a haystack (VTI) when someone has a blowtorch? Even Cramer says only a few will survive in many sectors.
Second, owning all the companies is still the right play, unless you know for sure which companies will survive and which won't.
Just like before.
But if you think you can pick the winners and losers, well, sure then yes, you should start picking individual stocks.
Good luck with that.
- Fri Apr 03, 2020 2:03 am
- Forum: Investing - Theory, News & General
- Topic: Coronavirus and the market
- Replies: 4089
- Views: 397321
Re: Coronavirus and the market
I find it strange too, but this "should be" temporary.
Maybe.
But that's probably what the average thought is. 10 million will go BACK TO WORK in a month or two, and we still get to keep the $2 trillion stimulus.
Plus there's talk of another trillion for infrastructure.
(A trillion here, a trillion there, and sooner or later, you're talking about some real money)
- Fri Apr 03, 2020 2:00 am
- Forum: Investing - Theory, News & General
- Topic: The end of cruise ships [cruise line stock prices]
- Replies: 248
- Views: 29679
Re: The end of cruise ships
Sure, I agree with you... That NEW twist on cruising is quite unnerving.ResearchMed wrote: ↑Thu Apr 02, 2020 8:40 pm If you get infected in an elevator or hotel, no one is going to KEEP you there for days or even several weeks, and not allow you to get off, not even for necessary medical care... etc...
That is different.
And that is the part that freaks us.
But most of these people thought cruising was just obese people rolling around in garbage and spitting into each other's food BEFORE this new development.
Which is just annoying.
Eating on a cruise ship is like eating at any restaurant.
- Thu Apr 02, 2020 8:30 pm
- Forum: Investing - Theory, News & General
- Topic: The end of cruise ships [cruise line stock prices]
- Replies: 248
- Views: 29679
Re: The end of cruise ships
and not be in a floating petri dish Cruise ships really aren't floating petri dishes. They are just as clean as any hotel or restaurant. You can dislike cruise ships, but the petri dish comments are just silly. They are different from a hotel or restaurant in that the quarters are closer and the same people are eating from the same food source for an extended period of time. That's why you see norovirus outbreaks on cruise ships that affect most of the passengers but similar things in hotels are more rare. Also, if someone gets sick (like with COVID-19), that person has to stay there until the boat docks. The quarters are not closer than a typical hotel or restaurant. Do guys never go to a movie theater or a Broadway show, or a casino, or ...
- Thu Apr 02, 2020 3:57 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684957
- Thu Apr 02, 2020 3:55 pm
- Forum: Investing - Theory, News & General
- Topic: What is your age/AA during this crisis?
- Replies: 138
- Views: 9263
Re: What is your age/AA during this crisis?
If he's not drawing from his portfolio for 6 years, then it doesn't matter what he invests in.Turkishcoffee wrote: ↑Thu Apr 02, 2020 1:13 pmJust curious, some would consider that an aggressive equity position (not judging), is there a pension if you don’t mind me asking?
He obviously has a pension or some other source of income.
- Thu Apr 02, 2020 3:43 pm
- Forum: Investing - Theory, News & General
- Topic: The end of cruise ships [cruise line stock prices]
- Replies: 248
- Views: 29679
Re: The end of cruise ships
and not be in a floating petri dish Cruise ships really aren't floating petri dishes. They are just as clean as any hotel or restaurant. You can dislike cruise ships, but the petri dish comments are just silly. They are different from a hotel or restaurant in that the quarters are closer and the same people are eating from the same food source for an extended period of time. That's why you see norovirus outbreaks on cruise ships that affect most of the passengers but similar things in hotels are more rare. Also, if someone gets sick (like with COVID-19), that person has to stay there until the boat docks. The quarters are not closer than a typical hotel or restaurant. Do guys never go to a movie theater or a Broadway show, or a casino, or ...
- Thu Apr 02, 2020 2:09 pm
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: Bogleheads community discussion - Coronavirus
Folks, Latest New York State's number. https://www.youtube.com/watch?v=_z4edb7fnfI 17:17 3/24/2020 25,665 cases 3,234 hospitalized 756 ICU beds 3/25/2020 30,811 cases,3,805 Hospitalized, 888 ICU patients 3/26/2020 37,358 cases, 5,327 Hospitalized, 1,290 ICU patients, 1,517 patients discharged. 3/27/2020 44,635 cases, 6,481 Hospitalized, 1,583 ICU Patients, 2,045 patients discharged. 3/28/2020 52,318 cases, 7,328 Hospitalized, 1,755 ICU Patients, 2,726 patients discharged, 725 Deaths 3/29/2020 59,513 cases, 8,503 Hospitalized, 2,037 ICU Patients, 3,572 patients discharged, 965 Deaths 3/30/2020 66,497 cases, 9,517 Hospitalized, 2,352 ICU Patients, 4,204 patients discharged, 1,218 Deaths 3/31/2020 75,795 cases, 10,929 Hospitalized, 2,710 ICU ...
- Thu Apr 02, 2020 11:36 am
- Forum: Personal Investments
- Topic: Does anyone else just not care/worry?
- Replies: 139
- Views: 12330
Re: Does anyone else just not care/worry?
I'm 51, wife is 59, average age 55, so we are age-in-bonds. Wife is retired, I have 4 years to go at least (maybe longer depending on how this recession plays out)alpenglow wrote: ↑Thu Apr 02, 2020 7:46 amApproximate age at 45/55?HomerJ wrote: ↑Wed Apr 01, 2020 9:55 pmI don't care at all... It's amazing... 45/55 Asset Allocation makes it easy.heyyou wrote: ↑Wed Apr 01, 2020 9:09 pm Perhaps jaded from previous market drops and recoveries, but this decline does not seem to stir any emotion for me. At 70, and retired for 15 years, I've seen enough that I'm comfortable with a decade (or more) of portfolio withdrawals stored in bond index funds, regardless of what level, stock index prices are.
Is anyone else unperturbed these days?
My wife cares though... so it's not totally stress-free... (But's she MUCH better this time than 2008)
- Thu Apr 02, 2020 11:31 am
- Forum: Personal Investments
- Topic: Does anyone else just not care/worry?
- Replies: 139
- Views: 12330
Re: Does anyone else just not care/worry?
Perhaps jaded from previous market drops and recoveries, but this decline does not seem to stir any emotion for me. At 70, and retired for 15 years, I've seen enough that I'm comfortable with a decade (or more) of portfolio withdrawals stored in bond index funds, regardless of what level, stock index prices are. Is anyone else unperturbed these days? From strictly an investing standpoint (nobody wanted a pandemic, right?)... I doubt most of the experienced investors on here are worried at all, because of the extremely powerful conditioning of 2000 and 2008. The rhythm of those events is ingrained in all of us (in ways that are nearly impossible to truly account for). There is what, a 40-50% decline and a V-shaped recovery. The weak hands g...
- Thu Apr 02, 2020 11:18 am
- Forum: Investing - Theory, News & General
- Topic: The end of cruise ships [cruise line stock prices]
- Replies: 248
- Views: 29679
- Thu Apr 02, 2020 1:16 am
- Forum: Personal Investments
- Topic: Anyone here depressed just looking at their portfolio?
- Replies: 122
- Views: 9705
Re: Anyone here depressed just looking at their portfolio?
My portfolio everyday when logging into vanguard is just red and red. Seems depressing just looking at it. How are you guys coping (for people who lost money) in the market now? The long-term nominal annual 9%-10% return of the stock market INCLUDES all the crashes. You didn't have to avoid the crashes in the past to become wealthy. Your portfolio goes down, and then it goes up again. It's just temporary (although, I can't lie, there's at least a 1% chance that it might not go up again - the past may not mirror the future). Sorry, I'm sure my disclaimer didn't help. I am 45/55 stocks/bonds... I'm quite certain (although not 100% certain) that the stock side will come back someday and grow to new heights... and it will do it so fast that it...
- Wed Apr 01, 2020 9:55 pm
- Forum: Personal Investments
- Topic: Does anyone else just not care/worry?
- Replies: 139
- Views: 12330
Re: Does anyone else just not care/worry?
I don't care at all... It's amazing... 45/55 Asset Allocation makes it easy.heyyou wrote: ↑Wed Apr 01, 2020 9:09 pm Perhaps jaded from previous market drops and recoveries, but this decline does not seem to stir any emotion for me. At 70, and retired for 15 years, I've seen enough that I'm comfortable with a decade (or more) of portfolio withdrawals stored in bond index funds, regardless of what level, stock index prices are.
Is anyone else unperturbed these days?
My wife cares though... so it's not totally stress-free... (But's she MUCH better this time than 2008)
- Wed Apr 01, 2020 3:29 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684957
- Wed Apr 01, 2020 3:25 pm
- Forum: Investing - Theory, News & General
- Topic: Buying only top 10 S&P500 companies every year
- Replies: 56
- Views: 5529
Re: Buying only top 10 S&P500 companies every year
Here's a funny tidbit... When I first started investing in the mid 90s, as a novice investor, with no idea about index funds or Bogle, I bought the Dogs of the Dow book, and tried to use it. It's a very good example of a model that back-tests well, then fails to perform going forward. It backtested great from the 1920s to 1991 (when the book was written). After that, during the 1990s, it underperformed, and I gave up on it. Maybe because people knew about it? Seems like an awful lot of patterns are discovered in the stock market via backtesting, but as soon as they are discovered, they stop working. Looking at the wikipedia, it says this about the strategy. The Dogs of the Dow is an investment strategy popularized by Michael B. O'Higgins in...
- Wed Apr 01, 2020 12:36 pm
- Forum: Personal Finance (Not Investing)
- Topic: $100,000 IRA withdrawal without penalty
- Replies: 15
- Views: 1816
- Wed Apr 01, 2020 10:11 am
- Forum: Investing - Theory, News & General
- Topic: Buying only top 10 S&P500 companies every year
- Replies: 56
- Views: 5529
Re: Buying only top 10 S&P500 companies every year
Sounds like a recipe for failure.Poorman wrote: ↑Wed Apr 01, 2020 9:26 amWhat if... you bought 10% each of the top 10 holdings of the S&P 500 every December, sold whatever fell from the top 10 list. What would the performance be? I started looking into this but don't have access to the tools to get this done. It would also take some time to figure out...
You are only going to buy stocks AFTER they have risen high enough to make the top 10, and then you are going to sell them AFTER they have fallen enough to drop out.
Edit: I agree with Moto above. You are designing a system that buys high and sells low.
- Wed Apr 01, 2020 9:45 am
- Forum: Investing - Theory, News & General
- Topic: 10-month moving average crossover has worked to time stocks
- Replies: 7
- Views: 933
Re: 10-month moving average crossover has worked to time stocks
Using VWESX (Long-term corporate bond fund) going forward is a TERRIBLE idea. There is no way it's going to have the same returns going forward as it did from 1985-2020.
That is blind back-testing at its worst. Those results are almost guaranteed to not repeat.
That is blind back-testing at its worst. Those results are almost guaranteed to not repeat.
- Wed Apr 01, 2020 9:40 am
- Forum: Investing - Theory, News & General
- Topic: What is your age/AA during this crisis?
- Replies: 138
- Views: 9263
Re: What is your age/AA during this crisis?
Age-in-bonds here.
I'm 51, wife is 59, Average age of 55. At least 4 years from retirement (still got one last kid to get through college)
We had a 50/50 allocation from around 2012 until 2019. Late 2019, we changed to 45/55 as we were getting closer to retirement.
No changes during this crisis.
55% in bonds/cash has served us very well. We're in great shape to weather this storm. I sleep well at night.
I'm 51, wife is 59, Average age of 55. At least 4 years from retirement (still got one last kid to get through college)
We had a 50/50 allocation from around 2012 until 2019. Late 2019, we changed to 45/55 as we were getting closer to retirement.
No changes during this crisis.
55% in bonds/cash has served us very well. We're in great shape to weather this storm. I sleep well at night.
- Wed Apr 01, 2020 9:29 am
- Forum: Investing - Theory, News & General
- Topic: Is the coming pain really "priced in"?
- Replies: 206
- Views: 25811
- Wed Apr 01, 2020 9:25 am
- Forum: Investing - Theory, News & General
- Topic: Is the coming pain really "priced in"?
- Replies: 206
- Views: 25811
Re: Is the coming pain really "priced in"?
The S&P 500 is currently at early-2019 levels. That doesn't seem that disastrous, for one of the biggest crises in U.S. history. So is the coming pain really priced in at current levels? The coming pain will be: even more massive debts than before, small businesses defaulting on loans and shutting down, reduced consumer spending, etc. Is the market lagging behind the coming "reality"? Look, it's not that hard of a concept. The market has certainly already priced in a certain amount of pain. If the actual pain, or even future predictions of pain, is worse than that, then the market will go down. If the actual pain, or future predictions of pain, are better than that, then the market will go up. What makes it hard, is we don't ...
- Tue Mar 31, 2020 8:47 pm
- Forum: Investing - Theory, News & General
- Topic: Last few days stocks have risen - but rally lacks conviction
- Replies: 49
- Views: 4254
Re: Last few days stocks have risen - but rally lacks conviction
April is going to be a bloodbath. and how did you come to this conclusion ? Let’s see, in April almost every company is going to miss earnings Everyone already knows that Unemployment will continue to deteriorate. Everyone already knows that The virus still has not peaked and a great deal of uncertainty remains. This is the big unknown.. It actually has peaked in several countries, so people think there may be an end in sight. but they might be wrong. Still quite a bit of uncertainty I agree. There’s already talk of a 4th bailout package because they know the one that was just signed will not be enough. That's a POSITIVE push to the market. There’s this belief amongst some folks that all of that has been priced in and Uncle Fed is going to...
- Tue Mar 31, 2020 7:48 pm
- Forum: Investing - Theory, News & General
- Topic: How do I avoid falling prey to this potential bear market rally?
- Replies: 39
- Views: 4989
Re: How do I avoid falling prey to this potential bear market rally?
I understand the point of not timing the market.However, to say that it does not matter ten years from now what price you paid,like is CONSTANTLY being said here, is a feel good rationalization for your beliefs. I believe I would be much happier in ten years if I bought 200,000 with the Dow at 19,000 a short time ago vs. buying at 29,000 also a short time ago. Please quit saying that it does not matter. The math says otherwise. There are situations where it does matter. Is the market going to revisit its lows? No idea. Is it straight back up from here? No idea. Will anyone who was FORTUNATE to buy a large sum a week ago be much better off in ten years than someone who bought the same amount at Dow 29,000 plus a short while ago? It does mat...
- Tue Mar 31, 2020 7:46 pm
- Forum: Investing - Theory, News & General
- Topic: How do I avoid falling prey to this potential bear market rally?
- Replies: 39
- Views: 4989
Re: How do I avoid falling prey to this potential bear market rally?
I understand the point of not timing the market.However, to say that it does not matter ten years from now what price you paid,like is CONSTANTLY being said here, is a feel good rationalization for your beliefs. I believe I would be much happier in ten years if I bought 200,000 with the Dow at 19,000 a short time ago vs. buying at 29,000 also a short time ago. Please quit saying that it does not matter. The math says otherwise. There are situations where it does matter. Is the market going to revisit its lows? No idea. Is it straight back up from here? No idea. Will anyone who was FORTUNATE to buy a large sum a week ago be much better off in ten years than someone who bought the same amount at Dow 29,000 plus a short while ago? It does mat...
- Tue Mar 31, 2020 12:31 pm
- Forum: Investing - Theory, News & General
- Topic: Why is the market up today?
- Replies: 25
- Views: 2777
- Tue Mar 31, 2020 11:03 am
- Forum: Investing - Theory, News & General
- Topic: Why is the market up today?
- Replies: 25
- Views: 2777
Re: Why is the market up today?
Yes.
Did the FED predict 30%+ unemployment today? Was that new information today?
Or was leaked a while ago, and now the market has it baked in? People sold on that news a while back.
- Tue Mar 31, 2020 11:00 am
- Forum: Investing - Theory, News & General
- Topic: Last few days stocks have risen - but rally lacks conviction
- Replies: 49
- Views: 4254
Re: Last few days stocks have risen - but rally lacks conviction
No idea how anyone thinks they know this.
Could be right, could be wrong. We won't know until after the fact.
It's not something you can determine real-time. Oh, those people buying stocks? They are timid when they do so. I can somehow tell from here.
FYI, I haven't bought or sold a thing this whole time.
I love the fact that I don't have to care if a "rally lacks conviction".
I think it's possible the market drops again, and possible it rises from here, and possible it stays in a holding pattern for a while.
"Buy and hold" long-term on the stock side of my portfolio means I don't care.
- Mon Mar 30, 2020 10:57 pm
- Forum: Personal Consumer Issues
- Topic: Is the coronavirus stay-at-home experience a preview of retirement life?
- Replies: 61
- Views: 5022
Re: Is the coronavirus stay-at-home experience a preview of retirement life?
You've isolated yourself. If you wish you had some of those kinds of things going on, make changes in your life.HanSolo wrote: ↑Mon Mar 30, 2020 10:39 pmBe careful what you wish for. Later on, if you're retired and isolated, you might wish you had some of those kinds of things going on.Glockenspiel wrote: ↑Mon Mar 30, 2020 10:18 pm I hope I’m not working remotely while also taking care of 2 young kids at the same time, while I’m retired!
- Mon Mar 30, 2020 10:43 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139678
Re: U.S. stocks continue to soar!
So why do keep you posting your daily moves? Usually, just the good ones, the ones that make you money (although occasionally, you own up to a loss now and then).J G Bankerton wrote: ↑Mon Mar 30, 2020 3:30 pmSadly the FOMOs are the same people who sold because of fear. We have nothing to fear but fear its self. This is why most should not pay attention to daily or even quarterly moves in the market.
Do you realize you are contributing to the problem?
- Mon Mar 30, 2020 7:14 pm
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: Bogleheads community discussion - Coronavirus
Okay that's it...
They locked the freaking pickle ball courts.
We only play with our adult daughter and her boyfriend (who are currently living with us), so no chance of infection (we don't touch the gate with our hands to get in).
So no pickleball for at least a month
I just started playing, and I really like it.
They locked the freaking pickle ball courts.
We only play with our adult daughter and her boyfriend (who are currently living with us), so no chance of infection (we don't touch the gate with our hands to get in).
So no pickleball for at least a month
I just started playing, and I really like it.
- Mon Mar 30, 2020 7:12 pm
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
- Mon Mar 30, 2020 4:05 pm
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: Bogleheads community discussion - Coronavirus
It just seems ludicrous to me that people here can say the USA is operating under a strict quarantine regime, when in fact that's just not the case. Social distancing (or whatever you want to call it) seems to be non-existent in many parts of the USA. In other parts it's very much "quarantine lite". Europe is definitely taking a very different approach, at least in most countries here. To give one example: I need to send an sms to get approval to go anywhere in my car. The sms includes the reason for my trip (there are codes, e.g. "2" for supermarket), my ID number, and my zip code. The approval is typically automatic, but limited in time. There are random police stops everywhere, and you need to show this approval when...
- Mon Mar 30, 2020 2:45 pm
- Forum: Investing - Theory, News & General
- Topic: Help me understand this market--or How can S&P be 2600 today?
- Replies: 109
- Views: 11082
Re: Help me understand this market--or How can S&P be 2600 today?
Heh, now you are dating yourself...firebirdparts wrote: ↑Mon Mar 30, 2020 12:14 pmYep. Les Nessman with the live on-the-scene coverage.
"I swear I thought Turkeys could fly!"
- Mon Mar 30, 2020 2:43 pm
- Forum: Investing - Theory, News & General
- Topic: Help me understand this market--or How can S&P be 2600 today?
- Replies: 109
- Views: 11082
Re: Help me understand this market--or How can S&P be 2600 today?
Because $2 trillion dollars wasn't going to be given away free in January 2019 either.simpleidiot wrote: ↑Mon Mar 30, 2020 11:47 am2,600 is higher than S&P during mid-January 2019, a time when we were not "looking forward" to crushing employment, manufacturing, GDP, etc declines.
Just accept that no one really understands the market.
- Mon Mar 30, 2020 2:39 pm
- Forum: Investing - Theory, News & General
- Topic: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
- Replies: 213
- Views: 27602
Re: Sitting on a bunch of cash; what to do with it if I believe we're headed for SPX 1800 and protracted recession?
Just put the money into the market every month, buy and hold for the long-term and get rich slowly.
Quit thinking you can get rich quick.
"After years of disappointment with get rich quick schemes, I know I'm gonna get rich with this scheme. And quick"
-Homer J. Simpson
Quit thinking you can get rich quick.
"After years of disappointment with get rich quick schemes, I know I'm gonna get rich with this scheme. And quick"
-Homer J. Simpson
- Mon Mar 30, 2020 2:17 pm
- Forum: Personal Consumer Issues
- Topic: Is the coronavirus stay-at-home experience a preview of retirement life?
- Replies: 61
- Views: 5022
Re: Is the coronavirus stay-at-home experience a preview of retirement life?
Not at all... obviously.
You think most retired people 6 months ago never went out to eat, never went to sporting events, never got together with friends, never went on planes, never went on cruises, never saw their grandkids, never took classes, never went to the gym, never went to the pool, never played tennis, etc. etc. etc. etc. etc.????
Really?
- Mon Mar 30, 2020 1:09 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139678
Re: U.S. stocks continue to soar!
You might want to read some more threads and most definitely the wiki before asking that question.keelerjr12 wrote: ↑Mon Mar 30, 2020 12:54 pm Lot of resentment towards market timers here. Why is that???
That's like someone getting on a Ford message board, and a few posts in... "Hey, how come no one likes Chevy around here?"
- Mon Mar 30, 2020 1:07 pm
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139678
Re: U.S. stocks continue to soar!
Heh, this is funny because it's true.Triple digit golfer wrote: ↑Mon Mar 30, 2020 11:33 am Can we merge this thread and the "free fall" one?
They are basically the same thread...
People like to talk about the daily gyrations of the market, either up or down.
- Mon Mar 30, 2020 10:23 am
- Forum: US Chapters
- Topic: [Archived] Bogleheads community discussion - Coronavirus
- Replies: 4963
- Views: 304742
Re: POTUS just announced he'll be extending stay-at-home guidelines until April 30.
What's wrong with camping? Serious question.
- Mon Mar 30, 2020 10:04 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684957
- Mon Mar 30, 2020 9:55 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks continue to soar!
- Replies: 22381
- Views: 2139678
Re: U.S. stocks continue to soar!
Because April 30th and 200,000 deaths (if true) are pretty good outcomes.
People have been talking about 18 month lock downs and 2.2 million deaths.
But the estimates could change again, of course.
- Mon Mar 30, 2020 9:46 am
- Forum: Investing - Theory, News & General
- Topic: U.S. stocks in free fall
- Replies: 36221
- Views: 4684957
Re: U.S. stocks in free fall
Goldman-Sachs: the pain isn't over yet. We've only had #1. More kitty bounces to come. https://ei.marketwatch.com/Multimedia/2020/03/30/Photos/NS/MW-ID322_goldma_20200330083902_NS.jpg?uuid=6f465b12-7283-11ea-8ab2-9c8e992d421e Certainly not apples to apples comparison Great recession took something like 6 months to lose 20% Coronavirus took 16 trading days I think This is just guesswork Actually, that's not quite accurate.. It's funny how we humans like to match patterns, but we ALSO like to forget history. We like to say "This time is the worst ever!!" But see that huge drop between 1 and 2 on the chart? The market dropped 22% in 8 trading days; that's about as fast as it dropped this time. The difference was the 2008 crash start...