Author Topic: Dow?  (Read 281453 times)

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Offline morekaos

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Re: Dow?
« Reply #1005 on: August 18, 2017, 10:00:46 AM »
Let's do some simple math...Standard pullback from a high (not a bear market) is around 10%.  22,100  x .1 = 2210 Dow points of roughly 19,900.  Even a decent 5% pullback would still take us to around 21,000 even.  500 here and 500 there means nothing.  The media is breathlessly trying to blaming small moves on Trump...whatever.
« Last Edit: August 18, 2017, 10:12:31 AM by morekaos »

Offline jmoney74

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Re: Dow?
« Reply #1006 on: August 18, 2017, 10:07:04 AM »
Let's do some simple math...Standard pullback from a high (not a bear market) is around 10%.  22,100  x .1 = 2210 Dow points of roughly 19,900.  Even a decent 5% pullback would still take us to around 21,000 even.  500 here and 500 there means nothing.  The media is breathlessly trying blaming small moves on Trump...whatever.

I don't blame him for this.. but I blame him in that the market could be that much higher if he just focused on the economy.  People are confident when he is working on tax policies, etc.  This mess just holds us back.

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Offline morekaos

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Re: Dow?
« Reply #1007 on: August 18, 2017, 10:11:44 AM »
I agree, in this emotionally charged environment a normal market move is magnified and fingers point in order to make a political statement.  Unfortunate twisting of reality.

Offline morekaos

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Re: Dow?
« Reply #1008 on: October 10, 2017, 09:48:30 AM »
23,500 boyyyyyyy!

Within striking distance.

Offline USCTrojanCPA

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Re: Dow?
« Reply #1009 on: October 10, 2017, 02:10:10 PM »
23,500 boyyyyyyy!

Within striking distance.

Yup, I've been making a killing trading the vix this year for my friend and myself.  Might pick up the new GT3.  :D
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Offline aquabliss

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Re: Dow?
« Reply #1010 on: October 10, 2017, 03:19:36 PM »
23,500 boyyyyyyy!

Within striking distance.

Yup, I've been making a killing trading the vix this year for my friend and myself.  Might pick up the new GT3.  :D

Keep the cars you have and get Alta Vista single story with view...

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Offline USCTrojanCPA

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Re: Dow?
« Reply #1011 on: October 10, 2017, 07:33:53 PM »
23,500 boyyyyyyy!

Within striking distance.

Yup, I've been making a killing trading the vix this year for my friend and myself.  Might pick up the new GT3.  :D

Keep the cars you have and get Alta Vista single story with view...

I'd have to sell every one of my cars except for my Prius to even remotely think about the single story Alta Vista.  No point of having a 4-car garage with one beater car.  haha
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Offline irvinehomeowner

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Re: Dow?
« Reply #1012 on: October 11, 2017, 07:10:50 AM »
Don't be house rich and car poor.

Although the original usage is "house poor".
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
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Offline USCTrojanCPA

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Re: Dow?
« Reply #1013 on: October 11, 2017, 11:24:18 PM »
Don't be house rich and car poor.

Although the original usage is "house poor".

Haha  My cars are a lot more liquid than any home with almost no selling cost so I don't mind keeping a few cool cars around.  I don't think I need anything bigger than I have right now until it's time to settle down for good, although I could really use a 4-car garage home. :P
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Offline morekaos

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Re: Dow?
« Reply #1014 on: October 18, 2017, 09:27:29 AM »
23,500 boyyyyyyy!

Within striking distance.

Perhaps me and Martin were too pessimistic in our predictions. ;)

Offline USCTrojanCPA

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Re: Dow?
« Reply #1015 on: October 18, 2017, 02:27:15 PM »
23,500 boyyyyyyy!

Within striking distance.

Perhaps me and Martin were too pessimistic in our predictions. ;)

Yeah, if I really went for it I could have made about double what I made but I always like playing with room for error since I'm trading risky stuff.  I don't mind taking losses by stopping myself out as long as I live to trade another day.  :)
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Offline Soylent Green Is People

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Re: Dow?
« Reply #1016 on: October 18, 2017, 02:47:52 PM »
Setting aside values and market directions - curious how many home purchases have been made within the TI community where a portion of funds to close came from stock sales.

Are most home buyers keeping $$$ in the markets seeking gains, while using other resources (gifts, family funds) for the down payments on their homes?

So far this year I've had only one buyer liquidate their stock holdings to buy property. There are plenty of FCB's and lots of overseas cash coming in for buyers down payments when financing, but not sure if stock sales is widely done as a source of purchase money at these elevated prices.

Curious so I thought to throw it out there.

My .02c

SGIP

Offline paperboyNC

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Re: Dow?
« Reply #1017 on: October 18, 2017, 03:07:05 PM »
Setting aside values and market directions - curious how many home purchases have been made within the TI community where a portion of funds to close came from stock sales.

Are most home buyers keeping $$$ in the markets seeking gains, while using other resources (gifts, family funds) for the down payments on their homes?

So far this year I've had only one buyer liquidate their stock holdings to buy property. There are plenty of FCB's and lots of overseas cash coming in for buyers down payments when financing, but not sure if stock sales is widely done as a source of purchase money at these elevated prices.

Curious so I thought to throw it out there.

My .02c

SGIP

I liquidated all of my non-retirement stocks/mutual funds to buy my home years ago. I have IRA accounts that I can actively trade and still don't have any non-retirement money in the stock market :(

Online eyephone

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Re: Dow?
« Reply #1018 on: October 18, 2017, 03:38:40 PM »
Soy - you have to be, in it to win it.



Offline Soylent Green Is People

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Re: Dow?
« Reply #1019 on: October 18, 2017, 03:55:15 PM »
Eyephone - Agreed.

We've had a product that allows a higher net worth customer to borrow against a percentage of the stocks that are actively managed by us. The loan proceeds can be used as down payment on a purchase, leveraging assets instead of liquidating. It's niche-y but fits some investors needs.

Not sure if there's a big pool or not of home buyers considering something like this. As mentioned, only 1 buyer this year who liquidated stock to purchase their home.

My .02c

SGIP

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