100% micro-cap value . Or maybe TSLA.
U.S. stocks in free fall
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Re: U.S. stocks in freefall
Re: U.S. stocks in freefall
Appears it is going to be one of those days, thanks to EMEA. Futures are all over the place this morning.
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Re: U.S. stocks in freefall
I was reading a thread about German bonds for Italian investors and wondering to myself what in that scenario would stop a national bank run, and consequent hammering of the entire Eurozone. I have a feeling we’re going to see Treasury yields crumble from that flight to safety.
Understand that choosing an HDHP is very much a "red pill" approach. Most would rather pay higher premiums for a $20 copay per visit. They will think you weird for choosing an HSA.
- willthrill81
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Re: U.S. stocks in freefall
This bunny market just keeps hopping, and hopping, and hopping.....Kinda of like that pink battery bunny.
The Sensible Steward
Re: U.S. stocks in freefall
I still hope it takes its dump before I retire
Retired 2019. So far, so good. I want to wake up every morning. But I want to die in my sleep. Just another conundrum. I think the solution might be afternoon naps ;)
- gmaynardkrebs
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Re: U.S. stocks in freefall
I hope not. Yield on 10-Y is about the only thing I've been paying attention to. I was so excited to see it finally go over 3, and now dropping like a rock down to 2.8. I hate that inflation appears to be picking up and bank savings interest is still total crap. If inflation picks up, my wages will definitely lag but it looks like my savings and emergency fund will as well.motorcyclesarecool wrote: ↑Tue May 29, 2018 5:03 am I was reading a thread about German bonds for Italian investors and wondering to myself what in that scenario would stop a national bank run, and consequent hammering of the entire Eurozone. I have a feeling we’re going to see Treasury yields crumble from that flight to safety.
Where the tides of fortune take us, no man can know.
Re: U.S. stocks in freefall
In other news bitcoin is up 5% today!
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Re: U.S. stocks in freefall
I put in a buy order for Vanguard US 500 index fund it takes a few days to process though.
Re: U.S. stocks in freefall
Holy cow - the yield on US treasuries (both 2 year and 10 year) fell about 15 basis points today.
https://www.marketwatch.com/story/treas ... 2018-05-29
https://www.marketwatch.com/story/treas ... 2018-05-29
- TomatoTomahto
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Re: U.S. stocks in freefall
Big day — I have to add another Tesla or two to the fleet (using Livesoft’s Rule).
I get the FI part but not the RE part of FIRE.
Re: U.S. stocks in freefall
In the end, nothing I owned dropped even 2%.
Re: U.S. stocks in freefall
Not US, but harvested losses in VXUS today.
“The purpose of the margin of safety is to render the forecast unnecessary.” -Benjamin Graham
Re: U.S. stocks in freefall
It’s funny how international drops even further on days like this; not sure funny is the correct word, of course.
Re: U.S. stocks in freefall
and bonds did quite well even though everyone knows that interest rates have nowhere to go but up.
Don't trust me, look it up. https://www.irs.gov/forms-instructions-and-publications
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Re: U.S. stocks in freefall
Can someone explain to me again why international bonds, whether hedged or not?
Understand that choosing an HDHP is very much a "red pill" approach. Most would rather pay higher premiums for a $20 copay per visit. They will think you weird for choosing an HSA.
- TomatoTomahto
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Re: U.S. stocks in freefall
The reason I got to invoke your rule re Tesla was that some unvested RSUs dropped around 5%. I know, I know, I shouldn’t track unvested RSUs.
I get the FI part but not the RE part of FIRE.
Re: U.S. stocks in freefall
You don't own any VEA, VWO, IEFA, or IEMG?
A useful razor: anyone asking about speculative strategies on Bogleheads.org has no business using them.
Re: U.S. stocks in freefall
Of those, I own VEA. I see a different price quote than when I posted earlier, so it was -1.99% then, but Vanguard says now -2.01%. I stand sit corrected.
Re: U.S. stocks in freefall
2018 YTD has been a good time for accumulators for sure.
Time is the ultimate currency.
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Re: U.S. stocks in freefall
Been watching alot of financial news over the years. Half of the experts say the stock market is going to go down. The other half say the stock market is going to go up. They are all correct.
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Re: U.S. stocks in freefall
No, they are all wrong. None of them have a clue. https://www.newyorker.com/magazine/2005 ... -an-expertaveragedude wrote: ↑Tue May 29, 2018 9:31 pm Been watching alot of financial news over the years. Half of the experts say the stock market is going to go down. The other half say the stock market is going to go up. They are all correct.
Re: U.S. stocks in freefall
The value of the mutual fund is calculated daily based on prices of the underlying assets. The value of the ETF is set by the market. The two don't necessarily agree.
Re: U.S. stocks in freefall
Traders expected more losses to come in the underlying stocks.
A useful razor: anyone asking about speculative strategies on Bogleheads.org has no business using them.
Re: U.S. stocks in freefall
Meh... this is nothing in the scheme of things. Establish a diversified portfolio and add to it as you can. Ignore the fluctuations and add to it as you can.
History reports that patience and steadfastness will out.
History reports that patience and steadfastness will out.
"The most beautiful thing we can experience is the mysterious. It is the source of all true art and science." |
- Albert Einstein
Re: U.S. stocks in freefall
Interesting. I tax loss harvested yesterday by selling VEMAX (Vanguard Emerging Markets Fund down 1.28% end of day, I expected it to be lower) and buying SPEM (Spider Emerging Markets ETF bought when down 2%) in another account. Did I make a 0.7% gain by random chance?
- ruralavalon
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Re: U.S. stocks in freefall
No.motorcyclesarecool wrote: ↑Tue May 29, 2018 5:29 pm Can someone explain to me again why international bonds, whether hedged or not?
"Everything should be as simple as it is, but not simpler." - Albert Einstein |
Wiki article link: Bogleheads® investment philosophy
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Re: U.S. stocks in freefall
Not sure why bonds are being referenced on a "stocks in freefall" thread, but for the heck of it let's look at Vanguard Total International Bond BNDX versus Total Bond Market BND since BNDX started in 2013: http://quotes.morningstar.com/chart/fun ... A%5B%5D%7Dmotorcyclesarecool wrote: ↑Tue May 29, 2018 5:29 pm Can someone explain to me again why international bonds, whether hedged or not?
BNDX is flat this year while BND is down a couple of %. If you want to avoid international bonds because of perceived negatives for them, you'd probably want to avoid USA bonds too, since USA bonds can also have negatives. Plenty of people ask "why any bonds at all?" International bonds might be a worse or better bet than USA bonds. Stocks might also be better or worse than bonds, but stocks also have potential negatives, so "why stocks" can also be a question you can ask. Do you even need stock risk to meet your financial goals?
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Re: U.S. stocks in freefall
My remark was tongue in cheek. Yesterday’s “freefall” was brought about by a flight to safety from certain Eurozone countries. Equities plunged, and Treasuries surged. It seems reasonable that international bonds are well correlated to domestic stocks in our global system, reducing their value in diversification. Which is at the nub of why international bonds. It seems reasonable that Eurozone troubles are not over. Also emerging market bonds appear shaky. Why seek stability in an asset positively correlated to stocks?
Understand that choosing an HDHP is very much a "red pill" approach. Most would rather pay higher premiums for a $20 copay per visit. They will think you weird for choosing an HSA.
Re: U.S. stocks in freefall
Interesting year so far. We keep crossing 500k in investments. I lost count on how many times we went back and forth. We just keep investing as scheduled. A good year to keep accumulating.
Stocks-80% || Bonds-20% || Taxable-VTI/VXUS || IRA-VT/BNDW
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Re: U.S. stocks in freefall
Isn't this a wash sale?Cantrip wrote: ↑Wed May 30, 2018 6:44 amInteresting. I tax loss harvested yesterday by selling VEMAX (Vanguard Emerging Markets Fund down 1.28% end of day, I expected it to be lower) and buying SPEM (Spider Emerging Markets ETF bought when down 2%) in another account. Did I make a 0.7% gain by random chance?
Re: U.S. stocks in freefall
Re: U.S. stocks in freefall
That's up to the IRS to determine; are these two funds substantially identical? A common opinion (not to be treated as tax advice; ask your tax advisor) is that two funds tracking the same index (two S&P 500 funds) are substantially identical, while two funds tracking different indexes in the same market segment are not. It is easier to defend this position with emerging markets indexes, as different providers disagree on which markets qualify as emerging.lukestuckenhymer wrote: ↑Wed May 30, 2018 11:54 amIsn't this a wash sale?Cantrip wrote: ↑Wed May 30, 2018 6:44 amInteresting. I tax loss harvested yesterday by selling VEMAX (Vanguard Emerging Markets Fund down 1.28% end of day, I expected it to be lower) and buying SPEM (Spider Emerging Markets ETF bought when down 2%) in another account. Did I make a 0.7% gain by random chance?
Re: U.S. stocks in freefall
Wow, no reply here today. We're getting used to this!
(AGE minus 23%) Bonds | 5% REITs | Balance 80% US (75/25 TSM/SCV) + 20% International (80/20 Developed/Emerging)
Re: U.S. stocks in freefall
Market hasn't gone anywhere this year. It seems to be hoarding energy like a loaded spring before exploding in yet to be seen direction.
"If I had only followed the advice of financial analysts in 2008, I'd have a million dollars today, provided I started with a hundred million dollars" - Jon Stewart
Re: U.S. stocks in freefall
Wake me after we've either reached a new high, or fall through the year to date low.
"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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Re: U.S. stocks in freefall
2.5% return so far this year to be pedantic http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
- ruralavalon
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Re: U.S. stocks in freefall
Vanguard Total Stock Market Index Fund Admiral Shares (VTSAX) total return is up 2.59% year to date (5/31/18), which is 6.22% if annualized. Not so shabby.david1082b wrote: ↑Fri Jun 01, 2018 12:25 am2.5% return so far this year to be pedantic http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
"Everything should be as simple as it is, but not simpler." - Albert Einstein |
Wiki article link: Bogleheads® investment philosophy
- willthrill81
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Re: U.S. stocks in freefall
I'm actually up 6.04% YTD. I'd take this every year from here on out if I could.david1082b wrote: ↑Fri Jun 01, 2018 12:25 am2.5% return so far this year to be pedantic http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
The Sensible Steward
Re: U.S. stocks in freefall
are you overweight nasdaq and small cap? individual stocks? very nice YTD return!willthrill81 wrote: ↑Sat Jun 02, 2018 10:26 amI'm actually up 6.04% YTD. I'd take this every year from here on out if I could.david1082b wrote: ↑Fri Jun 01, 2018 12:25 am2.5% return so far this year to be pedantic http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
“TE OCCIDERE POSSUNT SED TE EDERE NON POSSUNT NEFAS EST"
- willthrill81
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Re: U.S. stocks in freefall
I'm a trend follower, and I was heavy in emerging markets for a while but have been in mostly large cap growth and mid-cap growth this year.bgf wrote: ↑Sat Jun 02, 2018 11:42 amare you overweight nasdaq and small cap? individual stocks? very nice YTD return!willthrill81 wrote: ↑Sat Jun 02, 2018 10:26 amI'm actually up 6.04% YTD. I'd take this every year from here on out if I could.david1082b wrote: ↑Fri Jun 01, 2018 12:25 am2.5% return so far this year to be pedantic http://quotes.morningstar.com/chart/fun ... A%5B%5D%7D
The Sensible Steward
Re: U.S. stocks in freefall
What does trend following entail for you?willthrill81 wrote: ↑Sat Jun 02, 2018 3:04 pm I'm a trend follower, and I was heavy in emerging markets for a while but have been in mostly large cap growth and mid-cap growth this year.
- Mr. Potter
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Anyone buying today?
I have been slowing building my cash position up to purchase more CD's but with the US Market set to open down over 1% I'm tempted to pick up a little more TSM instead. I'm still within my AA bands of +-5% either way. Just thinking back to my risk assessment and the question of what would you do if stock prices dropped. (sell,buy,hold) Yes, I know the Market could drop again tomorrow or go right back up. One thing I do know for sure is I can purchase more shares of TSM today than I could yesterday.
Re: Anyone buying today?
I don’t have time to watch the market. Just put it regular and you’ll be fine. Lots of other things to worry about.
JT
JT
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Re: Anyone buying today?
I'll wait a couple of days so I don't "buy" the Q2 dividend.
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Re: Anyone buying today?
Wait until after the next correction (>10%) stabilizes if you want to buy. It's the summer, a good likelihood a good opportunity will come.
Re: Anyone buying today?
1% is not actionable for me, I am reinvesting dividends and interest every month.
Dan
Dan
The market is the most efficient mechanism anywhere in the world for transferring wealth from impatient people to patient people.” |
— Warren Buffett
- ReformedSpender
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Re: Anyone buying today?
Which could be 12%+ higher than today's price, meaning you "missed out" by not purchasing shares when you had the means to do somd&pharmacist wrote: ↑Tue Jun 19, 2018 7:08 am Wait until after the next correction (>10%) stabilizes if you want to buy. It's the summer, a good likelihood a good opportunity will come.
Market history shows that when there's economic blue sky, future returns are low, and when the economy is on the skids, future returns are high. The best fishing is done in the most stormy waters.