Author Topic: Dow?  (Read 333638 times)

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Offline morekaos

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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

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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

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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

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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. :)
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Offline morekaos

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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

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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

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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.
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Offline Compressed-Village

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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

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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. :)
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Offline Irvinecommuter

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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

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Re: Dow?
« Reply #1120 on: March 06, 2019, 08:54:07 AM »
What about realestate?

Offline Irvinecommuter

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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

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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?
#fepo

Offline Irvinecommuter

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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. 

 

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