How's yer Stock portfolio doing Prowler?

[The Prowler]

You got stood up?

No.

 

[Fredricka]

No.

You got stood up, else you'd be going into a lengthy explanation otherwise

 

[The Prowler]

You got stood up, else you'd be going into a lengthy explanation otherwise

Stood up from what?

 

[Joe]

Or....I went shopping.

Hahahahaha!!!!!

In all seriousness I don't know why more Investors simply don't get out of the market before it crashes Lex @The Prowler

A person with common sense could/should have seen this crash coming. The writing was on the wall - since last year. All the signs were there. The data/facts were in print in the Wall street Journal. Like any party it couldn't go on forever.

If I had been fortunate to have gained in my investments 200, 300, 400% , I would have sold off at least half, kept the winnings, and put them in cash or bought gold with them. If a bear market is coming, then sell 75%. Just like Warren Buffett did.

I don't really understand that dictum/mentality "Stay Invested/Buy Forever."

Investing IS gambling. Just like a good gambler, a good investor should know when to cash in their chips and walk away from the table. They don't keep gambling if losses may be on the horizon. Know when to hold em. Know when to fold em



A lucky streak can only last so long.

That Biggie Smiles guy over at TBC said he lost $72,000 USD on his lately. Similarly all those Bulls at TBC said the same

 

[Fredricka]

In all seriousness I don't know why more Investors simply don't get out of the market before it crashes Lex @The Prowler

A person with common sense could/should have seen this crash coming. The writing was on the wall - since last year. All the signs were there. The data/facts were in print in the Wall street Journal. Like any party it couldn't go on forever.

If I had been fortunate to have gained in my investments 200, 300, 400% , I would have sold off at least half, kept the winnings, and put them in cash or bought gold with them. If a bear market is coming, then sell 75%. Just like Warren Buffett did.

I don't really understand that dictum/mentality "Stay Invested/Buy Forever."

Investing IS gambling. Just like a good gambler, a good investor should know when to cash in their chips and walk away from the table. They don't keep gambling if losses may be on the horizon. Know when to hold em. Know when to fold em



A lucky streak can only last so long.

That Biggie Smiles guy over at TBC said he lost $72,000 USD on his lately. Similarly all those Bulls at TBC said the same

Bollox did he

 

[The Prowler]

The trick is going to be knowing when to buy back in.

Obviously that will vary by sector...even by company within each sector.

 

[Lily]

Bollox did he

If they did, that's what they get for not understanding that "liberation day" means "I get fucked in the ass" day...morons.

I moved my investments and lost $0

 

[Joe]

If they did, that's what they get for not understanding that "liberation day" means "I get fucked in the ass" day...morons.

I moved my investments and lost $0

Other noticeable aspect is a 'buy and hold' strategy doesn't reflect what Markets were originally used for. The term 'market' dates back to a time when farmers brought their produce to a weekend city market & sold it to the public. Ie - 1 bushel of wheat, husks of corn etc. Back then the farmers would sell it for what they could get for it. Ie might be $2 one year or $17 the next depending on market conditions or demand.

But they never 'held' it indefinitely since as a perishable good its shelf life was finite.

Fast forward to today. The 'market' is comprised of digital entities known as stocks. And they rise and fall according to supply and demand. One year Apple stock could be worth $300 per share but the next $100. So it seems absurd to 'buy and hold' something which could be worth less next year as opposed to selling it before the price goes down. Likewise the farmer generally doesn't buy and hold produce. He sells it while he can get a good price.

For this reason I dont understand people getting attached to 'their stocks or company shares' forver when in reality they are just like the perishable goods a farmer sells in the weekend city market. They should unload at least some of them while the going is good - just like the farmer sells his produce

Stocks are really just a valuation and their share price is a reflection of what the share owner can sell those shares st that moment in time.

I had this conversation with some st TBC that a trading account isnt a savings account - that their stock portfolios can plummet like they have recently. And I got into a heated argument. But stocks don't really represent a person's net wealth. It's only when the shares are cashed in that their actual wealth is fully realized. So if a seller receives $300 per share of Apple stock and puts that money into the bank, buys gold, land whatever, those are hard assets which are a truer measure of a person's assets.

 

[Lily]

Other noticeable aspect is a 'buy and hold' strategy doesn't reflect what Markets were originally used for. The term 'market' dates back to a time when farmers brought their produce to a weekend city market & sold it to the public. Ie - 1 bushel of wheat, husks of corn etc. Back then the farmers would sell it for what they could get for it. Ie might be $2 one year or $17 the next depending on market conditions or demand.

But they never 'held' it indefinitely since as a perishable good its shelf life was finite.

Fast forward to today. The 'market' is comprised of digital entities known as stocks. And they rise and fall according to supply and demand. One year Apple stock could be worth $300 per share but the next $100. So it seems absurd to 'buy and hold' something which could be worth less next year as opposed to selling it before the price goes down. Likewise the farmer generally doesn't buy and hold produce. He sells it while he can get a good price.

For this reason I dont understand people getting attached to 'their stocks or company shares' forver when in reality they are just like the perishable goods a farmer sells in the weekend city market. They should unload at least some of them while the going is good - just like the farmer sells his produce

Stocks are really just a valuation and their share price is a reflection of what the share owner can sell those shares st that moment in time.

I had this conversation with some st TBC that a trading account isnt a savings account - that their stock portfolios can plummet like they have recently. And I got into a heated argument. But stocks don't really represent a person's net wealth. It's only when the shares are cashed in that their actual wealth is fully realized. So if a seller receives $300 per share of Apple stock and puts that money into the bank, buys gold, land whatever, those are hard assets which are a truer measure of a person's wealth.

Investment in the market trends in an upward slope over time. Many people have investment in the market because most jobs don't have pensions. People were manipulated into sticking our money into the market to defer our compensation until we were presumably makingnless money at retirement. It's how they got their grubby hands on our money to profit from for decades.

 

[Flynn]

"The statement that "Investment in the market trends in an upward slope over time" is generally true, but the implication that people are solely investing because of the lack of pensions and are being "manipulated" into the market is a contentious and incomplete perspective on the reasons for investment.

Why the statement is partially correct:

Historical trend:

Historically, the stock market has shown a long-term upward trend. This trend is often cited as a reason for people investing, as it offers the potential for growth and outpacing inflation.

Bull markets:

When the market is experiencing a sustained period of rising prices (a bull market), it encourages more people to invest.

Why the statement is incomplete and potentially misleading:

Diverse motivations:

People invest for a variety of reasons beyond just the lack of pensions. Some invest to build wealth for retirement, others for education or other goals, and some for speculation or potential profit.

Investment risks:

While the market has historically trended upwards, it is important to acknowledge that investing carries inherent risks. Fluctuations and downturns can occur, and there's no guarantee of future returns.

Manipulation implication:

The suggestion that people are being "manipulated" into investing is a strong accusation without supporting evidence. The financial industry is regulated, and investors have access to a wide range of information and advice to make informed decisions.

A more balanced perspective:

Investing in the market can be a way for individuals to build wealth and achieve financial goals. While pensions are declining, it's important to recognize that other retirement savings options exist. It's crucial for individuals to educate themselves about the risks and opportunities associated with investing, make informed decisions based on their personal circumstances, and seek professional advice if needed."

 

[Flynn]

Thanks Trump!

I will NEVER vote for you again.

 

[Lily]

Now the wealthy will swoop in and buy up the stocks cheaply.

Thanks "suckers and losers" vote for my son next time!

 

[Jack]

Now the wealthy will swoop in and buy up the stocks cheaply.

Thanks "suckers and losers" vote for my son next time!

I got out of everything a couple weeks ago but that one SEP I kept as a "canary in the coal mine"

Looks like my advisor knew what he was doing, because it only lost 100$ all last week.

 

[Lily]

I got out of everything a couple weeks ago but that one SEP I kept as a "canary in the coal mine"

Looks like my advisor knew what he was doing, because it only lost 100$ all last week.

I didn't keep anything in. I moved it all. How could anyone get caught? He said he was going to tariff. Over and over. He called it "Liberation Day"... I took him seriously.

And I knew how the market would react. It was clear it would be a shit show, ffs.

 

[Flynn]

For those of you that are true investors, yes the stock market is tanking, but historically it "normally" bounces back, just like ones immune system after a cold.

I hope that after a "few" months the equilibrium comes back into the S&P 500, The Dow Jones, and NASDAQ.

 

[Lily]

For those of you that are true investors, yes the stock market is tanking, but historically it "normally" bounces back, just like ones immune system after a cold.

I hope that after a "few" months the equilibrium comes back into the S&P 500, The Dow Jones, and NASDAQ.

 

[Flynn]

Yes, really.

All this talk about moving money out of your portfolios is rookie talk.

What's your money doing for you now? Nothing.

 

[Lily]

Yes, really.

All this talk about moving money out of your portfolios is rookie talk.

What's your money doing for you now? Nothing.

It stayed the same and I can move it back at a click of a button.
.

 

[Flynn]

It stayed the same and I can move it back at a click of a button.
.

No interest, nothing.

You might as well have it all under your mattress.

 

[Lily]

No interest, nothing.

You might as well have it all under your mattress.

Yeah, I lived through 2008 when I trusted and held. I learned from that.

 

[The Prowler]

Yes, really.

All this talk about moving money out of your portfolios is rookie talk.

What's your money doing for you now? Nothing.

If you can sell before a downturn, it is a good thing. Buying back in when the market is low is a good thing.

Sometimes parking your money in a GIC or a ISA is a good idea. Or just a high interest account where you have immediate access when you think the upturn is coming....

Obviously.

 

[Joe]

Thanks Trump!

I will NEVER vote for you again.

Did you vote for Trump @Flynn ?

Anyway interesting.

Thanks for sharing.

 

[The Prowler]

The 'market' is comprised of digital entities known as stocks. And they rise and fall according to supply and demand.

According to "supply and demand"!??!!?!

The prices rise and fall according a number of things such as

- the projected performance of the company in terms of making a profit or a loss
- the hard assets held by the company
- whether the company is reinvesting profits (growing) or distributing them to owners (dividends)

Stocks are really just a valuation and their share price is a reflection of what the share owner can sell those shares st that moment in time.

Stocks are partial ownership of the company. The market price reflects their perceived value at any given time, including actual value of the company, and speculation of the company's future performance.


Your basic understanding of the stock market is quite poor, Senile @Joe. You have shown this many, many times. It is why I usually just scroll by your posts when you talk about the Stock Market.

I remember when you suggested that crypto currency is just like shares in the stock market, and you were confused when I told you that shares give you part ownership of a company and when the company generates profit, that increases the value of the company, and hence the book value of the shares.

 

[Joe]

I hope you are prepared for tomorrow Monday Morning when the markets open Lex @The Prowler




Being the savvy investor that you are I assume you are well prepared for what may be in store for you, Lex

Of course I knew since you played it right your portfolio wont go down anymore, right Lex? I expect only gainers/winners, kay?

Tell me how it goes & you made out on Monday Lex.

Good luck Lex.

 

[The Prowler]

Look at Senile @Joe's reaction when I remind him that he does not have even a basic understanding of the stock market.

Right back to his Chicken Little routine.

Hahahaha!!!

 

[Joe]

Look at Senile @Joe's reaction when I remind him that he does not have even a basic understanding of the stock market.

Right back to his Chicken Little routine.

Hahahaha!!!

Could get Bad tomorrow Lex:



Are you still invested Lex @The Prowler?

Tell me how you make out tomorrow Lex.

Let's see if the predictions come true 'kay?

 

[The Prowler]

Could get Bad tomorrow Lex:



Are you still invested Lex @The Prowler?

Tell me how you make out tomorrow Lex.

Let's see if the predictions come true 'kay?

Who cares?

 

[Joe]

Who cares?

Are you still invested Lex?

Or didja cash out yet?

 

[Flynn]

"US stock futures plunged Sunday evening after two sessions of sell-offs that wiped away over $5.4 trillion in market value. Stocks were set to open sharply lower Monday, putting the S&P 500 on the precipice of a bear market — a decline of 20% from its peak and an ominous sign for investors and perhaps the broader economy.

Dow futures were down 1,250 points, or 3.3%. S&P 500 futures fell 3.7%, while Nasdaq futures tumbled 4.6%. Asian markets tanked: Japan’s Nikkei fell 8% at the open.

The price of US oil fell more than 3%, sinking below $60 a barrel for the first time since April 2021. Oil prices have been in a freefall as investors fear tariffs could plunge the global economy into a recession that would sap demand for flights, shipments, transportation and travel — all activities that require fuel.

Bitcoin joined the declines, too — falling 5.6% to $78,736.93. Bitcoin had surged above $100,000 shortly after Trump was elected in the hopes that he’d help boost support for cryptocurrencies."

 

[Flynn]

Advice from Warren Buffet:

1. Keep buying stocks

When the market is tumbling, buying more stocks is perhaps the last thing on many investors' minds. But according to Warren Buffett, it's a smart way to generate long-term wealth.

"Today, people who hold cash equivalents feel comfortable. They shouldn't," he wrote in a 2008 New York Times article aimed to help ease investors' fears amid the Great Recession. "Equities will almost certainly outperform cash over the next decade, probably by a substantial degree."

2. Be greedy when others are fearful

"A simple rule dictates my buying," Buffett wrote in the Times article. "Be fearful when others are greedy, and be greedy when others are fearful. And most certainly, fear is now widespread, gripping even seasoned investors."

The silver lining of market downturns and recessions is that you can invest in solid stocks while they're essentially on sale. By reframing your thinking, it can make investing a little less daunting.

The S&P 500 itself has fallen by close to 17% since mid-February, with many stocks slipping far more than that. Rather than seeing that as a negative, though, think of it simply as getting a 17% discount. The more the market slips, the more money you can save when investing for the future.

3. Be a "business picker"

If you're continuing to invest at a discount while stock prices are lower, investing in the right places is critical. When the entire market is tumbling, though, it can be tough to tell which stocks are most likely to pull through.

This is where examining a company's underlying fundamentals is key. Rather than looking just at a business' stock performance, check for things like a strong competitive advantage in its industry and a competent leadership team with a history of guiding the company through tough times.

According to Buffett, this is his and former business partner Charlie Munger's go-to strategy for building wealth in the stock market.