U.S. stocks in freefall

Discuss all general (i.e. non-personal) investing questions and issues, investing news, and theory.
User avatar
Nicolas
Posts: 726
Joined: Wed Aug 22, 2012 7:41 am

Re: U.S. stocks in freefall

Post by Nicolas » Wed Sep 06, 2017 12:25 pm

David Jay wrote:
Wed Sep 06, 2017 11:52 am
Uncle Pennybags wrote:
Sun Sep 03, 2017 8:38 am
Does that effect or affect the market? I confuse the two.
Effect is the noun.
Affect is the verb.
Generally true but "effect" can also be a verb in some contexts, such as in this example: "She was elected to effect change". Effect in this usage meaning to bring into existence.

Once in my employment I had to defend the use of "effect" over "affect" to technical writers. That surprised me.

User avatar
Uncle Pennybags
Posts: 1828
Joined: Tue Oct 28, 2014 2:05 am

Re: U.S. stocks in freefall

Post by Uncle Pennybags » Wed Sep 06, 2017 5:10 pm

Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
Generally true but "effect" can also be a verb in some contexts, such as in this example:
Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me?

User avatar
David Jay
Posts: 3877
Joined: Mon Mar 30, 2015 5:54 am
Location: Michigan

Re: U.S. stocks in freefall

Post by David Jay » Wed Sep 06, 2017 5:20 pm

Uncle Pennybags wrote:
Wed Sep 06, 2017 5:10 pm
Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
Generally true but "effect" can also be a verb in some contexts, such as in this example:
Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me?
I just think that you are affected.
Prediction is very difficult, especially about the future - Niels Bohr | To get the "risk premium", you really do have to take the risk - nisiprius

Engineer250
Posts: 787
Joined: Wed Jun 22, 2016 1:41 pm

Re: U.S. stocks in freefall

Post by Engineer250 » Wed Sep 06, 2017 5:24 pm

BogleCPA wrote:
Tue Sep 05, 2017 4:31 pm
Engineer250 wrote:
Tue Sep 05, 2017 3:59 pm
My paycheck 401k money doesn't go in until tomorrow. Therefore you can be assured the market will be up tomorrow.
I was going to say the same thing. I receive my bonus check this Friday and thus, since my 401K contributions are a percentage of each pay check, Friday is the day I'll contribute the most this whole year. Now I just have to keep my fingers crossed that the market stays down for 3 more days!
We were correct. Time to buy was yesterday. Oh well, maybe next time.
Where the tides of fortune take us, no man can know.

User avatar
VictoriaF
Posts: 17402
Joined: Tue Feb 27, 2007 7:27 am
Location: Black Swan Lake

Re: U.S. stocks in freefall

Post by VictoriaF » Wed Sep 06, 2017 5:42 pm

Uncle Pennybags wrote:
Wed Sep 06, 2017 5:10 pm
Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
Generally true but "effect" can also be a verb in some contexts, such as in this example:
Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me?
Four reasons are not enough to be affected. You need at least nine.

Victoria
WINNER of the 2015 Boglehead Contest. | Every joke has a bit of a joke. ... The rest is the truth. (Marat F)

GoldenFinch
Posts: 1328
Joined: Mon Nov 10, 2014 11:34 pm

Re: U.S. stocks in freefall

Post by GoldenFinch » Wed Sep 06, 2017 8:41 pm

David Jay wrote:
Wed Sep 06, 2017 5:20 pm
Uncle Pennybags wrote:
Wed Sep 06, 2017 5:10 pm
Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
Generally true but "effect" can also be a verb in some contexts, such as in this example:
Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me?
I just think that you are affected.
Somebody was goofing off big time in seventh grade English.

User avatar
Uncle Pennybags
Posts: 1828
Joined: Tue Oct 28, 2014 2:05 am

Re: U.S. stocks in freefall

Post by Uncle Pennybags » Wed Sep 06, 2017 11:48 pm

GoldenFinch wrote:
Wed Sep 06, 2017 8:41 pm
David Jay wrote:
Wed Sep 06, 2017 5:20 pm
Uncle Pennybags wrote:
Wed Sep 06, 2017 5:10 pm
Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
Generally true but "effect" can also be a verb in some contexts, such as in this example:
Fore some reason this has been bugging me for months and is impacting me. Or would that be effecting me?
I just think that you are affected.
Somebody was goofing off big time in seventh grade English.
It could be a congenital learning disability.

bayview
Posts: 1280
Joined: Thu Aug 02, 2012 7:05 pm
Location: WNC

Re: U.S. stocks in freefall

Post by bayview » Thu Sep 07, 2017 3:13 am

Nicolas wrote:
Wed Sep 06, 2017 12:25 pm
David Jay wrote:
Wed Sep 06, 2017 11:52 am
Uncle Pennybags wrote:
Sun Sep 03, 2017 8:38 am
Does that effect or affect the market? I confuse the two.
Effect is the noun.
Affect is the verb.
Generally true but "effect" can also be a verb in some contexts, such as in this example: "She was elected to effect change". Effect in this usage meaning to bring into existence.

Once in my employment I had to defend the use of "effect" over "affect" to technical writers. That surprised me.
And "affect" can be a noun in the mental health and medical area, describing (* waves hands a bit *) how a patient's physical appearance can express inner mental state. "Mood and affect" (combined) is among the exam categories used in applying psychiatric evaluation and management codes. (don't ask :P )
The continuous execution of a sound strategy gives you the benefit of the strategy. That's what it's all about. --Rick Ferri

knick17
Posts: 43
Joined: Sun Jul 02, 2017 9:39 am

Re: U.S. stocks in freefall

Post by knick17 » Fri Sep 08, 2017 10:46 pm

MoonOrb wrote:
Fri Sep 01, 2017 6:36 am
knick17 wrote:
Thu Aug 31, 2017 10:26 pm
oldcomputerguy wrote:
Fri Aug 18, 2017 6:37 am
knick17 wrote:
Thu Aug 17, 2017 11:46 pm
anyone can relate this to the current political situation in uS?
Section 4(a) of the forum's policies ("Unacceptable Topics" / "Politics and Religion") prohibits political discussion.
I did not want to get into any political discussion. But how can you talk about economics, specially stock market, without considering the current political situation?
Speaking just for myself, talking about a current political environment is not much of an actionable discussion here because it's speculative. And also just speaking for myself, my plan doesn't really change based on any current political situation (for basically the same reason). My plan is to own as much of the market as I reasonably can in a way that is consistent with my overall risk tolerance, and hold those investments in a proportion appropriate for my age and circumstances for the long-term. None of those things have anything to do with my--or anyone else's--view of the current political situation. It's my expectation that over the course of my investing life that my holdings will sometimes go down, even very sharply down, but that overall they will increase in value over time. If I want to capture that long term increase in value, I need to stay in the market no matter what I might want to speculate the markets may do based on whatever the current political situation is at the time.
I am not talking about any speculation or similar. i agree about staying in the market no matter what. But many investors change their plans or retreat or switch to a different market based on what the political situation is. Money does not grow on tree and we all know that most of big money business nowdays is based on what happens in the world, specially if war related or natural disaster, as it what moves money the most.

thangngo
Posts: 297
Joined: Sun Feb 26, 2017 2:08 pm

Re: U.S. stocks in freefall

Post by thangngo » Mon Sep 11, 2017 10:55 am

I opened the marketwatch and all major indice are up more than 1%? What is happening? :D :mrgreen:

Selling opportunity?

livesoft
Posts: 56371
Joined: Thu Mar 01, 2007 8:00 pm

Re: U.S. stocks in freefall

Post by livesoft » Mon Sep 11, 2017 11:24 am

thangngo wrote:
Mon Sep 11, 2017 10:55 am
I opened the marketwatch and all major indice are up more than 1%? What is happening? :D :mrgreen:

Selling opportunity?
One should at least look to see if any of their rebalancing bands have been triggered.
This signature message sponsored by sscritic: Learn to fish.

barnaclebob
Posts: 2121
Joined: Thu Aug 09, 2012 10:54 am

Re: U.S. stocks in freefall

Post by barnaclebob » Mon Sep 11, 2017 11:35 am

thangngo wrote:
Mon Sep 11, 2017 10:55 am
I opened the marketwatch and all major indice are up more than 1%? What is happening? :D :mrgreen:

Selling opportunity?
Turns out that you shouldn't hype up a hurricane when its over a week out.

User avatar
Uncle Pennybags
Posts: 1828
Joined: Tue Oct 28, 2014 2:05 am

Re: U.S. stocks in freefall

Post by Uncle Pennybags » Mon Sep 11, 2017 12:29 pm

Uncle Pennybags wrote:
Tue Sep 05, 2017 10:47 am
Bought the dip, VTI at $126.575.
I'm making money hand over foot. 73% annualized. :moneybag
Why the bump?

MotoTrojan
Posts: 699
Joined: Wed Feb 01, 2017 8:39 pm

Re: U.S. stocks in freefall

Post by MotoTrojan » Mon Sep 11, 2017 1:23 pm

Windfall coming on Monday... enjoy the rally this week everyone else.

Engineer250
Posts: 787
Joined: Wed Jun 22, 2016 1:41 pm

Re: U.S. stocks in freefall

Post by Engineer250 » Mon Sep 11, 2017 7:23 pm

knick17 wrote:
Fri Sep 08, 2017 10:46 pm
Money does not grow on tree
You telling me the guy who sold me my money tree lied? I cashed out my frozen orange juice futures to pay for it and everything!
Where the tides of fortune take us, no man can know.

Dottie57
Posts: 2100
Joined: Thu May 19, 2016 5:43 pm

Re: U.S. stocks in freefall

Post by Dottie57 » Mon Sep 11, 2017 7:34 pm

MotoTrojan wrote:
Mon Sep 11, 2017 1:23 pm
Windfall coming on Monday... enjoy the rally this week everyone else.

Stocks seem to ve falling upwards!

Dottie57
Posts: 2100
Joined: Thu May 19, 2016 5:43 pm

Re: U.S. stocks in freefall

Post by Dottie57 » Tue Sep 12, 2017 9:31 pm

Dottie57 wrote:
Mon Sep 11, 2017 7:34 pm
MotoTrojan wrote:
Mon Sep 11, 2017 1:23 pm
Windfall coming on Monday... enjoy the rally this week everyone else.

Stocks seem to ve falling upwards!
Gravity has reversed!

User avatar
Uncle Pennybags
Posts: 1828
Joined: Tue Oct 28, 2014 2:05 am

Re: U.S. stocks in freefall

Post by Uncle Pennybags » Tue Sep 12, 2017 10:21 pm

This is ridiculous. I have no losses to harvest. This market is going to put me in a higher tax bracket. :P

User avatar
walletless
Posts: 703
Joined: Fri Aug 15, 2014 4:55 pm

Re: U.S. stocks in freefall

Post by walletless » Tue Sep 12, 2017 10:24 pm

Uncle Pennybags wrote:
Tue Sep 12, 2017 10:21 pm
This is ridiculous. I have no losses to harvest. This market is going to put me in a higher tax bracket. :P
Same here... Have about $700 of carry over harvest, nothing beyond that

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 10:24 am

All time record highs in the US Stock Market is hardly a market in freefall.
A fool and his money are good for business.

MotoTrojan
Posts: 699
Joined: Wed Feb 01, 2017 8:39 pm

Re: U.S. stocks in freefall

Post by MotoTrojan » Wed Sep 13, 2017 10:30 am

nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
While back I told myself I'd stop checking market since I subscribed to this. Sadly I still do since it's more effort to check all the jokes on here than to check Apple Stock.

We need an algorithm that only allows posts when market is X% (or XX%...) off the record high.

GoldenFinch
Posts: 1328
Joined: Mon Nov 10, 2014 11:34 pm

Re: U.S. stocks in freefall

Post by GoldenFinch » Wed Sep 13, 2017 10:31 am

nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D

Engineer250
Posts: 787
Joined: Wed Jun 22, 2016 1:41 pm

Re: U.S. stocks in freefall

Post by Engineer250 » Wed Sep 13, 2017 10:38 am

GoldenFinch wrote:
Wed Sep 13, 2017 10:31 am
nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
Where the tides of fortune take us, no man can know.

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 10:43 am

GoldenFinch wrote:
Wed Sep 13, 2017 10:31 am
nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
Well, I love this thread because it has been a great contrary indicator. When the thread is up and people are complaining about a down market, the market will rally within a day or two. The only exception was the 20% market correction we experienced from August 2015 through February 2016. Other than that, this thread has been pretty reliable. Hopefully professional traders won't start trading on this thread. :wink:

Seriously, I don't recommend that you time the market based upon Boglehead thread contrary indicators. There is the old saying that the market climbs a wall of worry. Bull markets don't end in pessimism. Can't tell you how many articles I read that the bull market is finished and that doom is right around the corner, yet the market keeps climbing and climbing. Bull markets end when the last pessimist throws in the towel and buys aggressively, pretty much bull markets end when the market runs out of buyers. Too many gloomy pessimists still out there who could change their mind and become optimists.
A fool and his money are good for business.

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 10:48 am

Engineer250 wrote:
Wed Sep 13, 2017 10:38 am
GoldenFinch wrote:
Wed Sep 13, 2017 10:31 am
nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
When everybody out there says "bubble, bubble", that is not a bubble. A bubble happens with irrational optimism, talk of a new paradigm, and an "it is different this time" mentality. This is not 1999.

What I will say is that an exogenous world event like Putin's tanks rolling into Lithuania could spark a market correction or a mini-bear market at any time. Even at that, markets are pretty resilient to such things as this or terror attacks.
A fool and his money are good for business.

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 10:49 am

Dottie57 wrote:
Tue Sep 12, 2017 9:31 pm
Dottie57 wrote:
Mon Sep 11, 2017 7:34 pm
MotoTrojan wrote:
Mon Sep 11, 2017 1:23 pm
Windfall coming on Monday... enjoy the rally this week everyone else.

Stocks seem to ve falling upwards!
Gravity has reversed!
There could be short covering. When you see unexpected market spikes, this is sometimes the culprit.
A fool and his money are good for business.

Engineer250
Posts: 787
Joined: Wed Jun 22, 2016 1:41 pm

Re: U.S. stocks in freefall

Post by Engineer250 » Wed Sep 13, 2017 10:54 am

nedsaid wrote:
Wed Sep 13, 2017 10:48 am
Engineer250 wrote:
Wed Sep 13, 2017 10:38 am
GoldenFinch wrote:
Wed Sep 13, 2017 10:31 am
nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
When everybody out there says "bubble, bubble", that is not a bubble. A bubble happens with irrational optimism, talk of a new paradigm, and an "it is different this time" mentality. This is not 1999.

What I will say is that an exogenous world event like Putin's tanks rolling into Lithuania could spark a market correction or a mini-bear market at any time. Even at that, markets are pretty resilient to such things as this or terror attacks.
Right. The thread would be a contrary indicator like this one is. That maybe (big maybe) as long as folks are still making bubble threads we are not in a bubble. I think Goldman Sachs even released something similar recently, that everyone's concern over the market being too high or overpriced probably puts us in a safe place. But who knows.

It does seem like the market is really resilient now, not much is causing a downturn and things that do briefly cause a hiccup are quickly forgotten about. I have a theory as to what could cause market concern but it involves political speculation and is just as likely to work out one way as it is another. What was the first downturn after the great depression I wonder? It feels like people will be paranoid about another 2007 for quite a while yet.
Where the tides of fortune take us, no man can know.

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 11:07 am

Engineer250 wrote:
Wed Sep 13, 2017 10:54 am
nedsaid wrote:
Wed Sep 13, 2017 10:48 am
Engineer250 wrote:
Wed Sep 13, 2017 10:38 am
GoldenFinch wrote:
Wed Sep 13, 2017 10:31 am
nedsaid wrote:
Wed Sep 13, 2017 10:24 am
All time record highs in the US Stock Market is hardly a market in freefall.
We need an alternative thread: U.S. stocks in ascent/upsurge/flying-high-mode/good fortune. :happy :moneybag :D
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
When everybody out there says "bubble, bubble", that is not a bubble. A bubble happens with irrational optimism, talk of a new paradigm, and an "it is different this time" mentality. This is not 1999.

What I will say is that an exogenous world event like Putin's tanks rolling into Lithuania could spark a market correction or a mini-bear market at any time. Even at that, markets are pretty resilient to such things as this or terror attacks.
Right. The thread would be a contrary indicator like this one is. That maybe (big maybe) as long as folks are still making bubble threads we are not in a bubble. I think Goldman Sachs even released something similar recently, that everyone's concern over the market being too high or overpriced probably puts us in a safe place. But who knows.

It does seem like the market is really resilient now, not much is causing a downturn and things that do briefly cause a hiccup are quickly forgotten about. I have a theory as to what could cause market concern but it involves political speculation and is just as likely to work out one way as it is another. What was the first downturn after the great depression I wonder? It feels like people will be paranoid about another 2007 for quite a while yet.
Well, bull markets do eventually end. We have had a great market since March 2009. So we are 8 1/2 years into this. What I am doing is a program of mild rebalancing from stocks to bonds. Since July 2013, my stocks are down from 69% to 67% of my retirement portfolio. Doesn't sound like much but the dollar amounts are substantial, at least to me. It seems all I do is hit the "sell" button. If the market keeps going up, I will do another round of rebalancing and might even start a gradual process of de-risking my portfolio. Better to "panic" at market highs rather than at market bottoms.
A fool and his money are good for business.

User avatar
Uncle Pennybags
Posts: 1828
Joined: Tue Oct 28, 2014 2:05 am

Re: U.S. stocks in freefall

Post by Uncle Pennybags » Wed Sep 13, 2017 11:15 am

Engineer250 wrote:
Wed Sep 13, 2017 10:38 am
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
When the 5% "correction" comes this will show the ups and downs of the market. It used to pop up after a 2% drop, the 1% drop. Then the drops stopped and we got board.
Word on the street is Bogleheads is a boring repetitive forum.

Doom&Gloom
Posts: 1384
Joined: Thu May 08, 2014 3:36 pm

Re: U.S. stocks in freefall

Post by Doom&Gloom » Wed Sep 13, 2017 3:30 pm

Dead cat made of flubber.

GoldenFinch
Posts: 1328
Joined: Mon Nov 10, 2014 11:34 pm

Re: U.S. stocks in freefall

Post by GoldenFinch » Wed Sep 13, 2017 3:43 pm

Doom&Gloom wrote:
Wed Sep 13, 2017 3:30 pm
Dead cat made of flubber.
This absolutely explains the current market perfectly. Hopefully if they cite your catch phrase on CNBC they will remember to give credit to Doom&Gloom.

selftalk
Posts: 1096
Joined: Thu Mar 08, 2012 10:08 am

Re: U.S. stocks in freefall

Post by selftalk » Wed Sep 13, 2017 4:30 pm

nedsaid, it`s perfectly ok to rebalance to selling stock and buying more bonds. Isn`t that in your IPS ? It will work out fine as it`s supposed to. It`s never easy emotionally to take some of the gains and add to the under performer.

minesweep
Posts: 1128
Joined: Fri Mar 02, 2007 9:17 pm
Location: PA

Re: U.S. stocks in freefall

Post by minesweep » Wed Sep 13, 2017 6:19 pm

Uncle Pennybags wrote:
Wed Sep 13, 2017 11:15 am
Engineer250 wrote:
Wed Sep 13, 2017 10:38 am
Like a "stocks in unsustainable bubble" thread. There have been quite a few but none have the staying power of this thread.
When the 5% "correction" comes this will show the ups and downs of the market. It used to pop up after a 2% drop, the 1% drop. Then the drops stopped and we got board.
Word on the street is Bogleheads is a boring repetitive forum.
Which is what this topic post has become.

User avatar
nedsaid
Posts: 8499
Joined: Fri Nov 23, 2012 12:33 pm

Re: U.S. stocks in freefall

Post by nedsaid » Wed Sep 13, 2017 8:18 pm

selftalk wrote:
Wed Sep 13, 2017 4:30 pm
nedsaid, it`s perfectly ok to rebalance to selling stock and buying more bonds. Isn`t that in your IPS ? It will work out fine as it`s supposed to. It`s never easy emotionally to take some of the gains and add to the under performer.
My target allocation is 60/40. I have stayed more stock heavy in part because of very low interest rates.
A fool and his money are good for business.

selftalk
Posts: 1096
Joined: Thu Mar 08, 2012 10:08 am

Re: U.S. stocks in freefall

Post by selftalk » Wed Sep 13, 2017 9:10 pm

I do not find this forum boring at all. Just select what interests you. In fact this particular thread is very good and I for 1 look forward to keeping up with it daily if I have the time to do so.

knick17
Posts: 43
Joined: Sun Jul 02, 2017 9:39 am

Re: U.S. stocks in freefall

Post by knick17 » Wed Sep 13, 2017 10:29 pm

Engineer250 wrote:
Mon Sep 11, 2017 7:23 pm
knick17 wrote:
Fri Sep 08, 2017 10:46 pm
Money does not grow on tree
You telling me the guy who sold me my money tree lied? I cashed out my frozen orange juice futures to pay for it and everything!
Thank God for sense of humor...

Christine600
Posts: 22
Joined: Sun May 03, 2015 12:09 am

Re: U.S. stocks in freefall

Post by Christine600 » Fri Sep 15, 2017 6:24 pm

It sure feels weird getting All Time High the day after NK testing an intercontinental missile ment to carry a nuclear payload towards USA.

It seems the market is afraid of nothing. Including this thread.

Grt2bOutdoors
Posts: 16950
Joined: Thu Apr 05, 2007 8:20 pm
Location: New York

Re: U.S. stocks in freefall

Post by Grt2bOutdoors » Fri Sep 15, 2017 7:47 pm

Christine600 wrote:
Fri Sep 15, 2017 6:24 pm
It sure feels weird getting All Time High the day after NK testing an intercontinental missile ment to carry a nuclear payload towards USA.

It seems the market is afraid of nothing. Including this thread.
Think of the alternative - something catastrophic happens, it won't matter, you won't be here to see it. Think of the alternative - nothing at all happens, you are here to enjoy it. Either way, it won't matter, the market, the thread, nothing. Carry on and enjoy life to do otherwise is your loss.
"One should invest based on their need, ability and willingness to take risk - Larry Swedroe" Asking Portfolio Questions

User avatar
Nicolas
Posts: 726
Joined: Wed Aug 22, 2012 7:41 am

Re: U.S. stocks in freefall

Post by Nicolas » Fri Sep 15, 2017 9:02 pm

Christine600 wrote:
Fri Sep 15, 2017 6:24 pm
It sure feels weird getting All Time High the day after NK testing an intercontinental missile ment to carry a nuclear payload towards USA.

It seems the market is afraid of nothing. Including this thread.
If you noticed, the Nikkei was up today too, and it was their country that was flown over by the missile. I think people are just becoming numb to NK.

User avatar
FIREchief
Posts: 1288
Joined: Fri Aug 19, 2016 6:40 pm

Re: U.S. stocks in freefall

Post by FIREchief » Fri Sep 15, 2017 9:52 pm

A new delivery option is not the big concern with NK. It does however make for spectacular news stories. :annoyed
I am not a lawyer, accountant or financial advisor. Any advice or suggestions that I may provide shall be considered for entertainment purposes only.

User avatar
LadyGeek
Site Admin
Posts: 40383
Joined: Sat Dec 20, 2008 5:34 pm
Location: Philadelphia
Contact:

Re: U.S. stocks in freefall

Post by LadyGeek » Fri Sep 15, 2017 9:57 pm

Please refrain from commenting on the current political news.
To some, the glass is half full. To others, the glass is half empty. To an engineer, it's twice the size it needs to be.

User avatar
oldcomputerguy
Posts: 1782
Joined: Sun Nov 22, 2015 6:50 am
Location: In the middle of five acres of woods

Re: U.S. stocks in freefall

Post by oldcomputerguy » Fri Sep 15, 2017 10:16 pm

Uncle Pennybags wrote:
Tue Sep 12, 2017 10:21 pm
This is ridiculous. I have no losses to harvest. This market is going to put me in a higher tax bracket. :P
I have one... the single individual stock I own in my play money. First Hawaiian Bank dropped ten percent while the rest of the market rose. Go figure.

Oh well, I needed to offset some capital gains on my tax filing anyway...
Anybody know why there's a 20-pound frozen turkey up in the light grid?

User avatar
Portfolio7
Posts: 226
Joined: Tue Aug 02, 2016 3:53 am

Re: U.S. stocks in freefall

Post by Portfolio7 » Sun Sep 17, 2017 2:58 am

I have one... the single individual stock I own in my play money. First Hawaiian Bank dropped ten percent while the rest of the market rose. Go figure.
Oh well, I needed to offset some capital gains on my tax filing anyway...
Hey, First Hawaiian is the only stock I've every owned outside of indexes! It was a unique circumstance, I sold it about 9 months ago at a sliver better than break-even. I had been hoping it was due for a slight bump, but it never seemed to happen. Sorry to hear it slid on you.
An investment in knowledge pays the best interest.

selftalk
Posts: 1096
Joined: Thu Mar 08, 2012 10:08 am

Re: U.S. stocks in freefall

Post by selftalk » Sun Sep 17, 2017 6:44 am

It`s truly amazing that with all the trouble and threats in this world that the stock market shrugs it off and goes higher. That`s a good lesson for the readers of this website to not be influenced by the daily news in managing your portfolio. Sometimes the daily news influences the markets and sometimes it does not. Again no peeking wins the prize and so does Bogle`s statement "stay the course." Easy to say but hard to do and necessary to do.
This is a wonderful thread and I for one hope it continues.

thangngo
Posts: 297
Joined: Sun Feb 26, 2017 2:08 pm

Re: U.S. stocks in freefall

Post by thangngo » Fri Sep 22, 2017 10:27 am

selftalk wrote:
Sun Sep 17, 2017 6:44 am
It`s truly amazing that with all the trouble and threats in this world that the stock market shrugs it off and goes higher. That`s a good lesson for the readers of this website to not be influenced by the daily news in managing your portfolio. Sometimes the daily news influences the markets and sometimes it does not. Again no peeking wins the prize and so does Bogle`s statement "stay the course." Easy to say but hard to do and necessary to do.
This is a wonderful thread and I for one hope it continues.
Say hello to this guy:

Image

I remember people sing a different tune back in 2001 and 2008... Not many people would hear your advice back then. Things are easy in bull market. Only bear market will test your guts.

wrongfunds
Posts: 713
Joined: Tue Dec 21, 2010 3:55 pm

Re: U.S. stocks in freefall

Post by wrongfunds » Mon Sep 25, 2017 3:37 pm

Oh my God! S&P 500 is down over 5.5 points! Should I start liquidation now or wait?

8-)

livesoft
Posts: 56371
Joined: Thu Mar 01, 2007 8:00 pm

Re: U.S. stocks in freefall

Post by livesoft » Mon Sep 25, 2017 3:41 pm

At least one ETF that I own had an RBD today.

OTOH, US small cap value funds were up today and have done quite well in the past week.
This signature message sponsored by sscritic: Learn to fish.

User avatar
triceratop
Moderator
Posts: 3447
Joined: Tue Aug 04, 2015 8:20 pm
Location: la la land

Re: U.S. stocks in freefall

Post by triceratop » Mon Sep 25, 2017 3:58 pm

US SCV (as tracked by the S&P 600 Value ETF IJS) actually hit an all-time high on a total return basis this past week for only the second time since January 4. By price, IJS hit its first all-time high since December 9.

On the other hand, EM stocks got beaten up pretty badly (probably the RBD was in DGS). Unfortunately I am still overweight International.
"To play the stock market is to play musical chairs under the chord progression of a bid-ask spread."

User avatar
ray.james
Posts: 830
Joined: Tue Jul 19, 2011 4:08 am

Re: U.S. stocks in freefall

Post by ray.james » Mon Sep 25, 2017 3:59 pm

livesoft wrote:
Mon Sep 25, 2017 3:41 pm
At least one ETF that I own had an RBD today.

OTOH, US small cap value funds were up today and have done quite well in the past week.
Was that Emerging markets? :happy
When in doubt, http://www.bogleheads.org/forum/viewtopic.php?f=1&t=79939

Doom&Gloom
Posts: 1384
Joined: Thu May 08, 2014 3:36 pm

Re: U.S. stocks in freefall

Post by Doom&Gloom » Mon Sep 25, 2017 4:01 pm

wrongfunds wrote:
Mon Sep 25, 2017 3:37 pm
Oh my God! S&P 500 is down over 5.5 points! Should I start liquidation now or wait?

8-)
Too late now. You have missed most of the move, so you might as well ride it out now.

But don't forget to light all that dry powder when it reaches the absolute bottom!

Post Reply