Author Topic: Dow?  (Read 338796 times)

0 Members and 1 Guest are viewing this topic.

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 273
  • -Received: 301
  • Posts: 2925
Re: Dow?
« Reply #1110 on: January 29, 2019, 05:11:38 PM »
I like that morekaos does not shy away from making predictions.

They are, by the way, exactly that..prediction. They are NOT investment advice. I post this here bc I enjoy the debate. Don’t take anything said here and try to apply it to your portfolio. Don’t ever take financial advice from an anonymous source and act on it without understanding what your doing.

Offline fortune11

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 184
  • -Received: 217
  • Posts: 1798
Re: Dow?
« Reply #1111 on: January 30, 2019, 12:55:24 AM »
What he really means is don’t hold him accountable  when his predictions are wrong and often have no basis in realty or how asset prices really move. You just have to look at what happened in 2018.

Anyways no surprise there as it is the job of every overpaid financial advisor - heads I win , tails you lose ...

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 273
  • -Received: 301
  • Posts: 2925
Re: Dow?
« Reply #1112 on: January 30, 2019, 07:40:23 AM »
Pay for good advice and heads you win and tails you also win. My people do, 2018 was a wonderful year for them, we will do just as well if not better in 19.

Offline irvinehomeowner

  • The Unicorn Hunter
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2073
  • -Received: 3522
  • Posts: 20074
  • 3CWG
Re: Dow?
« Reply #1113 on: March 05, 2019, 07:29:58 AM »
Dow is back up, even went over 26k briefly

Was December a dead cat bounce? Maybe it was seasonal. :)
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 273
  • -Received: 301
  • Posts: 2925
Re: Dow?
« Reply #1114 on: March 05, 2019, 12:00:35 PM »
...or it was exactly what it was..meaningless, headline driven selling.  If you owned you should have held, if you had any balls you bought it, if you sold out because you got scared and are still in cash, your a fool.

Offline qwerty

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2427
  • -Received: 1545
  • Posts: 7039
Re: Dow?
« Reply #1115 on: March 05, 2019, 12:57:57 PM »
...or it was exactly what it was..meaningless, headline driven selling.  If you owned you should have held, if you had any balls you bought it, if you sold out because you got scared and are still in cash, your a fool.

Yeah there really is no where else to invest. Never bothered taking out our 401ks. Our balances reached all time highs in August/September of 2018, tanked through December and have rebounded to all time highs again now (part of it does include our contributions plus employer match from October 2018 through February 2019).

I always have a substantial cash pile since I don’t like to be 100% in the market between 401ks and personal savings. I use the cash pile for trading opportunities. With that said, if I was 100% in the market I’d probably be better of than with just trading.

Right now personal savings are just near 100% cash. After the Dow getting back to 26k not sure how much upside is left. I guess I can see it hitting 27-27.5k which would be about another 4-6%.

Offline USCTrojanCPA

  • Your CPA Realtor
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2061
  • -Received: 1635
  • Posts: 8112
  • Gender: Male
Re: Dow?
« Reply #1116 on: March 05, 2019, 03:28:53 PM »
Yeah market is probably range bound even with the China tariffs getting resolved, mainly because earnings will be flattish this year.  If the property market continues to soften, I may look at picking up another rental.
Martin Mania, CPA
AgencyOne
CA BRE License # 01799007
CA CPA License # 107675
mmania001@yahoo.com
714-747-3884 cell

Often imitated....Never duplicated!

Offline Compressed-Village

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 237
  • -Received: 169
  • Posts: 1336
Re: Dow?
« Reply #1117 on: March 05, 2019, 08:56:07 PM »
Yeah market is probably range bound even with the China tariffs getting resolved, mainly because earnings will be flattish this year.  If the property market continues to soften, I may look at picking up another rental.

Sounds like a solid strategy. I agree.

Offline irvinehomeowner

  • The Unicorn Hunter
  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 2073
  • -Received: 3522
  • Posts: 20074
  • 3CWG
Re: Dow?
« Reply #1118 on: March 06, 2019, 06:53:28 AM »
I always have a substantial cash pile...

It's time to visit Banco De Qwerty for some backboard taped hundies. :)
Once you go 3-car garage... your junk can never go back.
3CWG: 3-Car Wide Garage
FCB: Foreign Cash Buyer
I recommend:
www.irvinerealtorsite.com
member: Soylent Green Is People (loans/refis)

The following member(s) thanked this post:


Offline Irvinecommuter

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 579
  • -Received: 495
  • Posts: 5195
Re: Dow?
« Reply #1119 on: March 06, 2019, 08:38:23 AM »
I am still happy with my 50/40/10 strategy...50% stocks, 40% bonds, 10% cash.

Offline zubs

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 64
  • -Received: 339
  • Posts: 1640
Re: Dow?
« Reply #1120 on: March 06, 2019, 08:54:07 AM »
What about realestate?

Offline Irvinecommuter

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 579
  • -Received: 495
  • Posts: 5195
Re: Dow?
« Reply #1121 on: March 06, 2019, 08:54:46 AM »
What about realestate?

I don't have enough money to invest in a second property and don't care for the risk/hassle.  My primary home is my RE investment.

Offline Mety

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 117
  • -Received: 128
  • Posts: 1081
Re: Dow?
« Reply #1122 on: March 06, 2019, 10:21:32 AM »
Is it dumb to not to invest in any of stocks or bonds?

Offline Irvinecommuter

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 579
  • -Received: 495
  • Posts: 5195
Re: Dow?
« Reply #1123 on: March 06, 2019, 10:25:04 AM »
Is it dumb to not to invest in any of stocks or bonds?

I don't think it's dumb but you should diversify your portfolio.  Stocks are probably the best long-term investment return wise while bonds are the safest. 

Offline morekaos

  • Certified Irvine Addict
  • ****
  • Thanks
  • -Given: 273
  • -Received: 301
  • Posts: 2925
Re: Dow?
« Reply #1124 on: May 03, 2019, 08:12:18 AM »
Now this is news that we all should rejoice in, MAGA or anti-MAGA.  This is a win all the way around...lets all hold hands.

U.S. creates 263,000 jobs in April, unemployment falls to 3.6%

WASHINGTON (MarketWatch) - The economy generated a stronger than expected 263,000 new jobs in April, helping to drive down the unemployment rate to a 49-year low of 3.6%. The increase in new jobs easily topped the 217,000 MarketWatch forecast. The jobless rate slid from 3.8% in March to hit the lowest level since December 1969. The average wage paid to American workers rose 6 cents, or 0.2%, to $27.77 an hour. The 12-month rate of hourly wage gains was unchanged at 3.2%. Hours worked each week fell 0.1 hour in April to 34.4. The government revised the increase in new jobs in March to 189,000 from a preliminary 196,000. February's gain was raised to 56,000 from 33,000

https://www.marketwatch.com/story/us-creates-263000-jobs-in-april-unemployment-falls-to-36-2019-05-03

 

Talk Irvine Links

[Recent Posts]
[FAQ / Rules]

Site Supporters


Related Links

Recent Posts

Re: Cadence Park environment by Longhairdaddy
[Today at 02:29:15 AM]


Re: Martial arts recommendation for kids? by Logik
[Today at 12:26:07 AM]


Re: Winter is Coming... by iacrenter
[Yesterday at 11:19:51 PM]


Re: Nova at Novel Park by WTTCHMN
[Yesterday at 08:38:07 PM]


Re: Nova at Novel Park by aquabliss
[Yesterday at 08:18:30 PM]