U.S. stocks in free fall

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JoMoney
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Re: U.S. stocks in freefall

Post by JoMoney » Fri Feb 09, 2018 2:59 pm

adamsapple19 wrote:
Fri Feb 09, 2018 1:43 pm
...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility...
Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by fall out from the weird funds built entirely around trading the VIX and volatility itself.
https://www.marketwatch.com/story/xiv-t ... 2018-02-06
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

RRAAYY3
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Re: U.S. stocks in freefall

Post by RRAAYY3 » Fri Feb 09, 2018 3:06 pm

JoMoney wrote:
Fri Feb 09, 2018 2:59 pm
adamsapple19 wrote:
Fri Feb 09, 2018 1:43 pm
...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility...
Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by fall out from the weird funds built entirely around trading the VIX and volatility itself.
https://www.marketwatch.com/story/xiv-t ... 2018-02-06
Like I said, “BS”

Don’t invest what you need short term, Buy, hold, Retire

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JoMoney
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Re: U.S. stocks in freefall

Post by JoMoney » Fri Feb 09, 2018 3:11 pm

RRAAYY3 wrote:
Fri Feb 09, 2018 3:06 pm
Like I said, “BS”

Don’t invest what you need short term, Buy, hold, Retire
RRAAYY3 wrote:
Fri Feb 09, 2018 2:16 pm
...a bunch of BS that if you have the stomach for will make you money over time...
:thumbsup
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

RRAAYY3
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Re: U.S. stocks in freefall

Post by RRAAYY3 » Fri Feb 09, 2018 3:20 pm

JoMoney wrote:
Fri Feb 09, 2018 3:11 pm
RRAAYY3 wrote:
Fri Feb 09, 2018 3:06 pm
Like I said, “BS”

Don’t invest what you need short term, Buy, hold, Retire
RRAAYY3 wrote:
Fri Feb 09, 2018 2:16 pm
...a bunch of BS that if you have the stomach for will make you money over time...
:thumbsup
This “freefall” is still higher than last March - when I invested at the “all time high”

If you truly are only investing money you know you don’t need short term ... Buy Buy Buy

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 3:27 pm

VictoriaF wrote:
Fri Feb 09, 2018 12:46 pm
letsgobobby wrote:
Fri Feb 09, 2018 12:45 pm
I personally believe this selloff is the start of something big.

Either that, or we are close to the end of this selloff.

:P
Or the end will be big.

Victoria
Or this is the big end of the beginning.
Or the end of the big beginning?
Last edited by sreynard on Fri Feb 09, 2018 3:31 pm, edited 1 time in total.

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saltycaper
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Re: U.S. stocks in freefall

Post by saltycaper » Fri Feb 09, 2018 3:31 pm

sreynard wrote:
Fri Feb 09, 2018 3:27 pm
VictoriaF wrote:
Fri Feb 09, 2018 12:46 pm
letsgobobby wrote:
Fri Feb 09, 2018 12:45 pm
I personally believe this selloff is the start of something big.

Either that, or we are close to the end of this selloff.

:P
Or the end will be big.

Victoria
Or this is the end of the beginning.
T. S. Eliot wrote:
"In my beginning is my end.

...

In my end is my beginning."
Quod vitae sectabor iter?

selters
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Re: U.S. stocks in freefall

Post by selters » Fri Feb 09, 2018 3:37 pm

inbox788 wrote:
Fri Feb 09, 2018 2:29 pm
TSquare wrote:
Fri Feb 09, 2018 12:12 pm
Is there such thing as a triple bottom?
Yup!

https://www.investopedia.com/terms/t/triplebottom.asp

But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ).
The fact that some internet site or book has been published about something does not mean that there is such a thing. Triple bottoms or head shoulder formation go into to the same category as aether, subluxations or unicorns if you ask me.
Last edited by selters on Fri Feb 09, 2018 3:44 pm, edited 2 times in total.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 3:39 pm

saltycaper wrote:
Fri Feb 09, 2018 2:01 pm
El Greco wrote:
Thu Feb 08, 2018 5:30 pm
I'm hearing a lot of whistling past the graveyard here.
"Hell of a grave. Wish it were mine." --Royal Tenenbaum
It must be a real popular place. People are just dying to get in.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 3:47 pm

inbox788 wrote:
Fri Feb 09, 2018 2:29 pm
TSquare wrote:
Fri Feb 09, 2018 12:12 pm
Is there such thing as a triple bottom?
Yup!

https://www.investopedia.com/terms/t/triplebottom.asp

But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ).

You can probably find a pattern for whatever you're looking for, and it might make perfect sense after the fact, but I've been unable to make heads or tails about their predictive value. But some folks swear by them.

http://samuelssonsrapport.se/wp-content ... fgfgfg.png
https://i.pinimg.com/originals/e5/29/94 ... 65d124.png
Many people will swear by anything if it is lucrative enough.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 3:56 pm

selters wrote:
Fri Feb 09, 2018 3:37 pm
inbox788 wrote:
Fri Feb 09, 2018 2:29 pm
TSquare wrote:
Fri Feb 09, 2018 12:12 pm
Is there such thing as a triple bottom?
Yup!

https://www.investopedia.com/terms/t/triplebottom.asp

But maybe we're forming a complex reverse head and shoulder bottom ( http://thepatternsite.com/chsb.html ).
The fact that some internet site or book has been published about something does not mean that there is such a thing. Triple bottoms or head shoulder formation go into to the same category as aether, subluxations or unicorns if you ask me.
Hey! Don't be hating on the ether. Scientists always disrespect the ether. Research suggests there is something like it, but they are always quick to exclaim, "...but it's not the ether!"

ctwhyexit
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Re: U.S. stocks in freefall

Post by ctwhyexit » Fri Feb 09, 2018 3:56 pm

Bought VTI with some 6k I had waiting for the correction. I know you shouldn't time it but its way better than buying VTI 2 weeks ago.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 3:58 pm

This market is starting to give me motion sickness. Up, down, up, down... Urp!...

rudeboy
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Re: U.S. stocks in freefall

Post by rudeboy » Fri Feb 09, 2018 4:00 pm

ctwhyexit wrote:
Fri Feb 09, 2018 3:56 pm
Bought VTI with some 6k I had waiting for the correction. I know you shouldn't time it but its way better than buying VTI 2 weeks ago.
But not as good as buying it yesterday. So goes it.

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Portfolio7
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Re: U.S. stocks in freefall

Post by Portfolio7 » Fri Feb 09, 2018 4:00 pm

This from Michael Batnick at the Irrelevant Investor. I resemble this remark.

-1% Mock the permabears
-2% Meh
-3% Yawn
-4% Off the highs
-5% Pullback
-6% Healthy correction
-7% Buying opportunity
-8% Stay the course
-9% This too shall pass
-10% Correction territory
-11% I’m a long-term investor
-12% Stocks always come back
-13% Don’t panic
-14% Draw lines on a chart
-15% Look for attractive valuations
-16% I knew this was coming
-17% Blame Cramer
-18% This sucks
-19% I should buy some downside protection
-20% Bear market
-21% I should have listened to my gut
-22% Buy when there’s blood in the streets
-23% I was early
-24% Is this the bottom?
-25% This sucks
-26% Uggggh
-27% I can’t take this much longer
-28% I sold my stocks
-29% I’m never buying stocks again
-30% Good thing I sold
-31% I should buy gold
-32% And silver
-33% I don’t even care anymore
-34% Glad I stopped looking
-35% Bottom
"An investment in knowledge pays the best interest" - Benjamin Franklin

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packet
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Re: U.S. stocks in freefall

Post by packet » Fri Feb 09, 2018 4:09 pm

Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
Last edited by packet on Fri Feb 09, 2018 5:49 pm, edited 1 time in total.
First round’s on me.

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willthrill81
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Re: U.S. stocks in freefall

Post by willthrill81 » Fri Feb 09, 2018 4:28 pm

JoMoney wrote:
Fri Feb 09, 2018 2:59 pm
adamsapple19 wrote:
Fri Feb 09, 2018 1:43 pm
...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility...
Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by fall out from the weird funds built entirely around trading the VIX and volatility itself.
https://www.marketwatch.com/story/xiv-t ... 2018-02-06
I think it could very easily be a contributing factor.

Whatever the precise mechanism is, volatility clustering is very real and has been studied quite a lot by finance academics. There are a number of theories regarding the phenomenon.
“It's a dangerous business, Frodo, going out your door. You step onto the road, and if you don't keep your feet, there's no knowing where you might be swept off to.” J.R.R. Tolkien,The Lord of the Rings

SouthernCPA
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Re: U.S. stocks in freefall

Post by SouthernCPA » Fri Feb 09, 2018 5:03 pm

Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market.

I'm staying the course because a little squall isn't going to sink the ship.

Day9
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Re: U.S. stocks in freefall

Post by Day9 » Fri Feb 09, 2018 5:17 pm

I turned 30 and reallocated & rebalanced from 90/10 to 85/15, following my IPS, almost exactly at the top a couple weeks ago. I'm still 85% stock but that little lucky timing has made it easier for me. Funny how psychology works.
I'm just a fan of the person I got my user name from

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Earl Lemongrab
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Re: U.S. stocks in freefall

Post by Earl Lemongrab » Fri Feb 09, 2018 5:32 pm

I bought five shares of VOO this afternoon so that if we have more downturn next week I can sell it for a tax loss and make good on my vow to exchange that for IVV to show my belief that it's not a wash sale. And if the markets never go down, then I will have singlehandedly arrested the slide.

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Johnnie
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Re: U.S. stocks in freefall

Post by Johnnie » Fri Feb 09, 2018 5:58 pm

saltycaper wrote:
Fri Feb 09, 2018 3:31 pm
sreynard wrote:
Fri Feb 09, 2018 3:27 pm
VictoriaF wrote:
Fri Feb 09, 2018 12:46 pm
letsgobobby wrote:
Fri Feb 09, 2018 12:45 pm
I personally believe this selloff is the start of something big.

Either that, or we are close to the end of this selloff.

:P
Or the end will be big.

Victoria
Or this is the end of the beginning.
T. S. Eliot wrote:
"In my beginning is my end.

...

In my end is my beginning."
Winnie, Nov. 10 1942: "This is not the end, it is not even the beginning of the end, but it is perhaps the end of the beginning."

Perhaps. Cue my signature line.
"I know nothing."

invst65
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Re: U.S. stocks in freefall

Post by invst65 » Fri Feb 09, 2018 5:59 pm

I was planning on not making our Roth IRA contributions this year because our accounts are all Small Cap Value and they were doing quite well without any contributions. I figured any contributions we made would just be buying high.

Just transferred some cash from Fidelity to Vanguard to buy the max allowed amount in both of our accounts. Unfortunately, it seems to take Vanguard a long time to settle the transfer so I'll have to see where we're at when they tell me it's complete. If it's the same as today I'll buy more SCV.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 6:23 pm

SouthernCPA wrote:
Fri Feb 09, 2018 5:03 pm
Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market.

I'm staying the course because a little squall isn't going to sink the ship.
Queue Gordon Lightfoot.... :shock:

MJW
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Re: U.S. stocks in freefall

Post by MJW » Fri Feb 09, 2018 7:02 pm

Earl Lemongrab wrote:
Fri Feb 09, 2018 5:32 pm
I bought five shares of VOO this afternoon
Hey, save a little for the rest of us. :)

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Johnnie
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Re: U.S. stocks in freefall

Post by Johnnie » Fri Feb 09, 2018 7:03 pm

invst65 wrote:
Fri Feb 09, 2018 5:59 pm
I was planning on not making our Roth IRA contributions this year because our accounts are all Small Cap Value and they were doing quite well without any contributions.
Actually, SCV lagged last year so maybe this is exactly the time. OTOH, SCV lagged last year so maybe it's time to question your faith before committing. The loneliness of the long distance value investor when everything else is rocketing.

It also appears to be lagging in the other direction the past week - not going down as much - but I'm not "peeking" enough to confirm that. I've been in SCV since the late 1990s, now in Vanguard's SCV and SLYV - but am looking to lighten up if and when it does go because I don't have as many "can lag for long periods" left to play with.

BTW, if you can afford it don't pass by the chance to take some of "that precious Roth space," as someone I read recently called it. Quite right, tax free gains for life (and beyond!)
sreynard wrote:
Fri Feb 09, 2018 6:23 pm
SouthernCPA wrote:
Fri Feb 09, 2018 5:03 pm
...I'm staying the course because a little squall isn't going to sink the ship.
Queue Gordon Lightfoot.... :shock:
LOL! Fellows it's been good to know ye indeed. :D

("10 percent, you call that a squall? Why in my day we ate 10 percent before breakfast - on the easy days.")
"I know nothing."

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Earl Lemongrab
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Re: U.S. stocks in freefall

Post by Earl Lemongrab » Fri Feb 09, 2018 7:17 pm

MJW wrote:
Fri Feb 09, 2018 7:02 pm
Earl Lemongrab wrote:
Fri Feb 09, 2018 5:32 pm
I bought five shares of VOO this afternoon
Hey, save a little for the rest of us. :)
I didn't really need any large cap. Also, have you seen the share price for VOO? I paid close to $240 a share.

It might have been better to get some some VIOV to exchange for IJS, but I'd promised to do the S&P 500.

limeyx
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Re: U.S. stocks in freefall

Post by limeyx » Fri Feb 09, 2018 7:33 pm

digarei wrote:
Fri Feb 09, 2018 2:41 pm
RRAAYY3 wrote:
Fri Feb 09, 2018 1:42 pm

... My only current anxiety has to do with the fact that I’ve lowered my e-fund to 6 months expenses rather than 12 so I could buy even more
Listen to yourself. There’s a good chance that you’d be fine and richer in the long run by entirely dissolving your emergency fund and putting it all into stocks. However, you established that emergency fund for a reason—self-insurance against unexpected loss of income and/or large expenses. You could now decide that 6 months is more than sufficient. Or that even six months is too much.

Best to make that decision before the market dips further.
And for some 1st (or 1.5nd) hand validation of this
I have a friend who was fired and did NOT have a 6 month emergency fund. Literally let go that day "for cause" so making it hard to get a new job

They have been cashing out retirement funds and paying penalties for 8+ months now. Scary (admittedly they did not downsize their lifestyle but ...)

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cfs
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Re: U.S. stocks in freefall

Post by cfs » Fri Feb 09, 2018 7:36 pm

Monday Lessons [Possible Duplicate]

It should be Monday and Thursday Lessons . . . from Morningstar -- http://www.morningstar.com/articles/848 ... lloff.html

Good luck with your investments, and thanks for reading ~cfs~
~ Member of the Active Retired Force since 2014 ~

limeyx
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Re: U.S. stocks in freefall

Post by limeyx » Fri Feb 09, 2018 7:41 pm

sreynard wrote:
Fri Feb 09, 2018 3:58 pm
This market is starting to give me motion sickness. Up, down, up, down... Urp!...
Just keep your focus on the horizon :)

GoldenFinch
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Re: U.S. stocks in freefall

Post by GoldenFinch » Fri Feb 09, 2018 8:11 pm

packet wrote:
Fri Feb 09, 2018 4:09 pm
Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
+1 :sharebeer

(And I don’t even do +1s, but this thread is on fire here or something and my email is blowing up!)

ImUrHuckleberry
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Re: U.S. stocks in freefall

Post by ImUrHuckleberry » Fri Feb 09, 2018 8:16 pm

I bought stocks today, hopefully.

My plan in my Fidelity 401K was to exchange 20% of my bonds for total stock market when the market falls 10%, then 30% of remaining bonds at market drop of 20%, and the balance at market drop of > 30%).

I missed executing this yesterday, so today I submitted an exchange transaction around 3 PM and I'm wondering if I messed up and didn't confirm the transaction properly. Not that I expected it to settle right away, but I can't find a record anywhere on the site that I have an exchange transaction pending.

Does anyone know if Fidelity 401K exchange requests are recorded anywhere before they settle? Did I mess up?

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FIREchief
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Re: U.S. stocks in freefall

Post by FIREchief » Fri Feb 09, 2018 8:46 pm

sreynard wrote:
Fri Feb 09, 2018 6:23 pm
SouthernCPA wrote:
Fri Feb 09, 2018 5:03 pm
Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market.

I'm staying the course because a little squall isn't going to sink the ship.
Queue Gordon Lightfoot.... :shock:
Absolutely. "Gentlemen, it's been good to know you." :(
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.

rerod
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Location: Iowa

Re: U.S. stocks in freefall

Post by rerod » Fri Feb 09, 2018 9:17 pm

ImUrHuckleberry wrote:
Fri Feb 09, 2018 8:16 pm
I bought stocks today, hopefully.

My plan in my Fidelity 401K was to exchange 20% of my bonds for total stock market when the market falls 10%, then 30% of remaining bonds at market drop of 20%, and the balance at market drop of > 30%).

I missed executing this yesterday, so today I submitted an exchange transaction around 3 PM and I'm wondering if I messed up and didn't confirm the transaction properly. Not that I expected it to settle right away, but I can't find a record anywhere on the site that I have an exchange transaction pending.

Does anyone know if Fidelity 401K exchange requests are recorded anywhere before they settle? Did I mess up?
I did something similar and received a confirmation email from vanguard.. My numbers were 7% drop, sold 7% vbtlx. And if later a 13% drop, sell 50%. 20% drop , sell 99%.

sreynard
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Re: U.S. stocks in freefall

Post by sreynard » Fri Feb 09, 2018 9:30 pm

FIREchief wrote:
Fri Feb 09, 2018 8:46 pm
sreynard wrote:
Fri Feb 09, 2018 6:23 pm
SouthernCPA wrote:
Fri Feb 09, 2018 5:03 pm
Nothing has changed for me. I'll reallocate at the end of the quarter like I always do. My vanguard automatic investment is still buying and I'm still not worrying about it. It's super boring investing like a boglehead, but I prefer that to spending energy trying to time the market.

I'm staying the course because a little squall isn't going to sink the ship.
Queue Gordon Lightfoot.... :shock:
Absolutely. "Gentlemen, it's been good to know you." :(
"Sometimes I think it's a sin when I feel like I'm winnin' when I'm losin' again" :beer

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Hawaiishrimp
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Re: U.S. stocks in freefall

Post by Hawaiishrimp » Fri Feb 09, 2018 11:10 pm

"I am free~~ Freefalling~~!"
I save and invest my money, so money can make money for me, so I don't have to make money eventually.

MotoTrojan
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Re: U.S. stocks in freefall

Post by MotoTrojan » Fri Feb 09, 2018 11:12 pm

rerod wrote:
Fri Feb 09, 2018 9:17 pm
ImUrHuckleberry wrote:
Fri Feb 09, 2018 8:16 pm
I bought stocks today, hopefully.

My plan in my Fidelity 401K was to exchange 20% of my bonds for total stock market when the market falls 10%, then 30% of remaining bonds at market drop of 20%, and the balance at market drop of > 30%).

I missed executing this yesterday, so today I submitted an exchange transaction around 3 PM and I'm wondering if I messed up and didn't confirm the transaction properly. Not that I expected it to settle right away, but I can't find a record anywhere on the site that I have an exchange transaction pending.

Does anyone know if Fidelity 401K exchange requests are recorded anywhere before they settle? Did I mess up?
I did something similar and received a confirmation email from vanguard.. My numbers were 7% drop, sold 7% vbtlx. And if later a 13% drop, sell 50%. 20% drop , sell 99%.
Clear violation of market timing, but that doesn't mean it won't pan out. When do you increase your bond allocation again?

carofe
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Re: U.S. stocks in freefall

Post by carofe » Sat Feb 10, 2018 7:20 am

JoMoney wrote:
Fri Feb 09, 2018 2:59 pm
adamsapple19 wrote:
Fri Feb 09, 2018 1:43 pm
...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility...
Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by fall out from the weird funds built entirely around trading the VIX and volatility itself.
https://www.marketwatch.com/story/xiv-t ... 2018-02-06
Didn’t you mean XIV?
US Total Stock Market + Intermediate Term Bond. That's it.

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JoMoney
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Re: U.S. stocks in freefall

Post by JoMoney » Sat Feb 10, 2018 8:11 am

carofe wrote:
Sat Feb 10, 2018 7:20 am
JoMoney wrote:
Fri Feb 09, 2018 2:59 pm
adamsapple19 wrote:
Fri Feb 09, 2018 1:43 pm
...Whether this is "just a correction" or whatever it is, a level of comfort has returned finally seeing some volatility...
Granted we have seen an actual fall of 10% off the highs, but this volatility, especially in the intra-day and overnight makes me wonder how much of it might be explained by fall out from the weird funds built entirely around trading the VIX and volatility itself.
https://www.marketwatch.com/story/xiv-t ... 2018-02-06
Didn’t you mean XIV?
XIV is an Exchange-Trade Note that trades the inverse of the VIX, which is the Volatility Index.... whichever direction you're trading it, trading volatility is weird, and I question the impacts of the recent popularity with funds focused on it.
"To achieve satisfactory investment results is easier than most people realize; to achieve superior results is harder than it looks." - Benjamin Graham

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ruralavalon
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Re: U.S. stocks in freefall

Post by ruralavalon » Sat Feb 10, 2018 8:16 am

packet wrote:
Fri Feb 09, 2018 4:09 pm
Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
Me too, it's hard to keep up.

Still I just can't stop reading, is this an addiction :( .
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

scone
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Re: U.S. stocks in freefall

Post by scone » Sat Feb 10, 2018 8:32 am

ruralavalon wrote:
Sat Feb 10, 2018 8:16 am
packet wrote:
Fri Feb 09, 2018 4:09 pm
Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
Me too, it's hard to keep up.

Still I just can't stop reading, is this an addiction :( .
No, it's an entertaining hobby built on the necessity of investing. Like gourmet cooking, there's no harm in it as long as you're not doing stupid stuff.
Anyway, I'm buying. :beer
"My bond allocation is the amount of money that I cannot afford to lose." -- Taylor Larimore

ImUrHuckleberry
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Re: U.S. stocks in freefall

Post by ImUrHuckleberry » Sat Feb 10, 2018 9:15 am

MotoTrojan wrote:
Fri Feb 09, 2018 11:12 pm
rerod wrote:
Fri Feb 09, 2018 9:17 pm
ImUrHuckleberry wrote:
Fri Feb 09, 2018 8:16 pm
I bought stocks today, hopefully.

My plan in my Fidelity 401K was to exchange 20% of my bonds for total stock market when the market falls 10%, then 30% of remaining bonds at market drop of 20%, and the balance at market drop of > 30%).

I missed executing this yesterday, so today I submitted an exchange transaction around 3 PM and I'm wondering if I messed up and didn't confirm the transaction properly. Not that I expected it to settle right away, but I can't find a record anywhere on the site that I have an exchange transaction pending.

Does anyone know if Fidelity 401K exchange requests are recorded anywhere before they settle? Did I mess up?
I did something similar and received a confirmation email from vanguard.. My numbers were 7% drop, sold 7% vbtlx. And if later a 13% drop, sell 50%. 20% drop , sell 99%.
Clear violation of market timing, but that doesn't mean it won't pan out. When do you increase your bond allocation again?
For us starting immediately and continuing over time through a combination of increased bond percentage for our regular payroll deductions and slowly converting our emergency funds from Roth's to cash/other in taxable. (Until recently we couldn't afford to max all tax advantaged space and still save emergency fund outside tax advantaged, so it's being held in Roth's as mostly cash and treasuries.)

RRAAYY3
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Re: U.S. stocks in freefall

Post by RRAAYY3 » Sat Feb 10, 2018 9:28 am

Up approx 1.5% as of close ... I wonder how much of this sell off is due to Fed uncertainty

Literally everything is in “good shape” for the most part globally - can’t help but think this was due to Fed unknowns + robo’s going haywire and we may be approaching the bottom

If not, oh well this downturn helped me get to 50/50 US / Int’l so next month I’ll just buy US if necessary

* maybe it is just as simple as “people trading volatility caused volatility”

Either way - stay the course (or buy even more). Happy Saturday BH.

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ruralavalon
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Re: U.S. stocks in freefall

Post by ruralavalon » Sat Feb 10, 2018 9:32 am

scone wrote:
Sat Feb 10, 2018 8:32 am
ruralavalon wrote:
Sat Feb 10, 2018 8:16 am
packet wrote:
Fri Feb 09, 2018 4:09 pm
Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
Me too, it's hard to keep up.

Still I just can't stop reading, is this an addiction :( .
No, it's an entertaining hobby built on the necessity of investing. Like gourmet cooking, there's no harm in it as long as you're not doing stupid stuff.
Anyway, I'm buying. :beer
I'm not selling other than the Required Minimum Distributions from my rollover IRA, done proportionally from all the investments.

Stay the course.
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started

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SVariance1
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Re: U.S. stocks in freefall

Post by SVariance1 » Sat Feb 10, 2018 10:03 am

Rising volatility is characteristic of a bear market.
Mike

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fishandgolf
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Re: U.S. stocks in freefall

Post by fishandgolf » Sat Feb 10, 2018 11:02 am

:!: Poof....lost a comma......just like that.... gone.......... :shock: Gosh.....I miss that second comma........... :(

RRAAYY3
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Re: U.S. stocks in freefall

Post by RRAAYY3 » Sat Feb 10, 2018 11:35 am

SVariance1 wrote:
Sat Feb 10, 2018 10:03 am
Rising volatility is characteristic of a bear market.
2020 seems to be the popular consensus, new budget bill is already spooking some

Whatever, I’ll buy more

limeyx
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Re: U.S. stocks in freefall

Post by limeyx » Sat Feb 10, 2018 12:42 pm

fishandgolf wrote:
Sat Feb 10, 2018 11:02 am
:!: Poof....lost a comma......just like that.... gone.......... :shock: Gosh.....I miss that second comma........... :(
Was it an Oxford one ?

GoldenFinch
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Re: U.S. stocks in freefall

Post by GoldenFinch » Sat Feb 10, 2018 12:53 pm

scone wrote:
Sat Feb 10, 2018 8:32 am
ruralavalon wrote:
Sat Feb 10, 2018 8:16 am
packet wrote:
Fri Feb 09, 2018 4:09 pm
Only thing I know is that I'm having an increasingly difficult time keeping up with this thread!

Action: Stay the course.

:beer Cheers,
packet
Me too, it's hard to keep up.

Still I just can't stop reading, is this an addiction :( .
No, it's an entertaining hobby built on the necessity of investing. Like gourmet cooking, there's no harm in it as long as you're not doing stupid stuff.
Anyway, I'm buying. :beer
Clearly in denial.:happy Its’s an addiction. But as far as addictions go, I think this one isn’t so bad.

If you start telling random people on the street to “stay the course” when you pass them, then you might have a problem.

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fishandgolf
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Re: U.S. stocks in freefall

Post by fishandgolf » Sat Feb 10, 2018 1:29 pm

limeyx wrote:
Sat Feb 10, 2018 12:42 pm
fishandgolf wrote:
Sat Feb 10, 2018 11:02 am
:!: Poof....lost a comma......just like that.... gone.......... :shock: Gosh.....I miss that second comma........... :(
Was it an Oxford one ?

.......No....it's a regular one........but I think I'm in a common coma from the loss of the common comma......... :oops:

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eye.surgeon
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Re: U.S. stocks in freefall

Post by eye.surgeon » Sat Feb 10, 2018 1:50 pm

Da5id wrote:
Thu Feb 08, 2018 11:18 am
eye.surgeon wrote:
Thu Feb 08, 2018 11:13 am
Modeling your AA after a billionaire is unwise. Buffett buys whole companies, or majority shares in companies. For personal investing he has repeatedly recommended staying in the market, in index funds.
While I agree with your main point, he buys minority shares too. They own 0.01% to 27.25% of a wide array of public companies. e.g. they own 2.6% of Apple...
When you're a billionaire, that's indexing :happy
"I would rather be certain of a good return than hopeful of a great one" | Warren Buffett

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BuyAndHoldOn
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Re: U.S. stocks in freefall

Post by BuyAndHoldOn » Sat Feb 10, 2018 2:06 pm

Other than the [large] investors covering their losses on volatility instruments*: Why would anyone be SELLING their stocks right now? Or bonds, for that matter? You could surely wait for a better price! Or have sold a few weeks ago! (Which I thought about doing [with a position I am looking to unload], but, oh well).

I realize there are "trend" following strategies that attempt to avoid big draw downs, but such rigid adherence to "rules" could just as easily backfire as having no rules at all. (Unless your rule is buy, hold, re-balance according to AA, etc.).

* = that may have been most if not all of the rapid selling, mind you.

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