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Stock Market

Posted: Mon Feb 03, 2014 9:16 am
by CAA Flagship
......is dropping like a rock.

DJIA peaked at 16,588. Now at 15,508. Drop of 6.5%.

Thanks Obama.

Re: Stock Market

Posted: Mon Feb 03, 2014 9:30 am
by Grizalltheway
It's called a correction. :dunce:

Re: Stock Market

Posted: Mon Feb 03, 2014 10:08 am
by DSUrocks07
Grizalltheway wrote:It's called a correction. :dunce:
A way overdue correction. Greedy conks taking profits. :lol:

Re: Stock Market

Posted: Mon Feb 03, 2014 10:43 am
by 93henfan
Buy low.

Re: Stock Market

Posted: Mon Feb 03, 2014 10:50 am
by ASUG8
93henfan wrote:Buy low.
I knew I was doing it wrong. :?

Re: Stock Market

Posted: Mon Feb 03, 2014 10:57 am
by SDHornet
:lol:

Re: Stock Market

Posted: Mon Feb 03, 2014 11:13 am
by CAA Flagship
Grizalltheway wrote:It's called a correction. :dunce:
Well aware.
Normally, I would be thankful for the buying opportunity but we are just getting down to truer valuations.

Re: Stock Market

Posted: Mon Feb 03, 2014 12:15 pm
by Skjellyfetti
CAA Flagship wrote: DJIA peaked at 16,588. Now at 15,508. Drop of 6.5%.

Thanks Obama.
Still up over 94% since he took office.

Thanks indeed. :kisswink:

Re: Stock Market

Posted: Mon Feb 03, 2014 12:36 pm
by Ibanez
Nows a good time to get in. I suggest HEMP. As more and more states legalize weed, companies like HEMP will do better and better.

Re: Stock Market

Posted: Mon Feb 03, 2014 12:56 pm
by 93henfan
Ibanez wrote:Nows a good time to get in. I suggest HEMP. As more and more states legalize weed, companies like HEMP will do better and better.
PLASTICS

Image

Re: Stock Market

Posted: Mon Feb 03, 2014 1:13 pm
by CAA Flagship
Ibanez wrote:Nows a good time to get in. I suggest HEMP. As more and more states legalize weed, companies like HEMP will do better and better.
Does Blue Horseshoe love HEMP?

Image

Re: Stock Market

Posted: Mon Feb 03, 2014 2:20 pm
by Grizalltheway
Skjellyfetti wrote:
CAA Flagship wrote: DJIA peaked at 16,588. Now at 15,508. Drop of 6.5%.

Thanks Obama.
Still up over 94% since he took office.

Thanks indeed. :kisswink:
Still waiting on that Garnier-Fructis, err, Head & Shoulders pattern. :lol:

Wonder how Shitgrad's parents feel about him telling them to take all of their money out of the market a couple of years ago. :rofl:

Re: Stock Market

Posted: Mon Feb 03, 2014 2:23 pm
by bluehenbillk
Market got its ass kicked today - down 325. :twisted: :twisted: :coffee: :coffee: :thumbdown:

Re: Stock Market

Posted: Mon Feb 03, 2014 2:28 pm
by Baldy
Skjellyfetti wrote:
CAA Flagship wrote: DJIA peaked at 16,588. Now at 15,508. Drop of 6.5%.

Thanks Obama.
Still up over 94% since he took office.

Thanks indeed. :kisswink:
When it crashes, which Conk are you going to blame? :?

Re: Stock Market

Posted: Mon Feb 03, 2014 4:25 pm
by BDKJMU
I 1st invested in the market in 00' when the Dow peaked at 11,722

11,722 in 00' dollars = 16,231 in 2014 dollars, with an avg annual inflation rate of 2.35% (most of the inflation calculators still only go to 2013. Found 1 that has updated to 2014). Dow now is 15,372, so over the last 14 years as of now it hasn't even kept up with inflation.
http://www.dollartimes.com/calculators/inflation.htm" onclick="window.open(this.href);return false;

$$ I've had in bond funds has done better than the broad based index funds over the course of 14 years...

Re: Stock Market

Posted: Mon Feb 03, 2014 4:36 pm
by Skjellyfetti
BDKJMU wrote:I 1st invested in the market in 00' when the Dow peaked at 11,722

11,722 in 00' dollars = 16,231 in 2014 dollars, with an avg annual inflation rate of 2.35% (most of the inflation calculators still only go to 2013. Found 1 that has updated to 2014). Dow now is 15,372, so over the last 14 years as of now it hasn't even kept up with inflation.
http://www.dollartimes.com/calculators/inflation.htm" onclick="window.open(this.href);return false;

$$ I've had in bond funds has done better than the broad based index funds over the course of 14 years...
You picked a shitty time to get into the stock market. :lol:

You watched the market skyrocket through the 90's and then decided to get in... in 2000. :suspicious:

You are either younger than I thought or dumber than I thought.

Re: Stock Market

Posted: Mon Feb 03, 2014 4:38 pm
by 93henfan
BDKJMU wrote:I 1st invested in the market in 00' when the Dow peaked at 11,722

11,722 in 00' dollars = 16,231 in 2014 dollars, with an avg annual inflation rate of 2.35% (most of the inflation calculators still only go to 2013. Found 1 that has updated to 2014). Dow now is 15,372, so over the last 14 years as of now it hasn't even kept up with inflation.
http://www.dollartimes.com/calculators/inflation.htm" onclick="window.open(this.href);return false;

$$ I've had in bond funds has done better than the broad based index funds over the course of 14 years...
You should have started investing 10 years earlier. 2000-2008 was a total assfuck of a time to enter the market.

If you'd have invested $100K in an S&P500 index fund on Jan 2, 2009 and let it sit, you'd have had $228,689.66 on Dec 31, 2013.

Re: Stock Market

Posted: Mon Feb 03, 2014 7:18 pm
by BDKJMU
Skjellyfetti wrote:
BDKJMU wrote:I 1st invested in the market in 00' when the Dow peaked at 11,722

11,722 in 00' dollars = 16,231 in 2014 dollars, with an avg annual inflation rate of 2.35% (most of the inflation calculators still only go to 2013. Found 1 that has updated to 2014). Dow now is 15,372, so over the last 14 years as of now it hasn't even kept up with inflation.
http://www.dollartimes.com/calculators/inflation.htm" onclick="window.open(this.href);return false;

$$ I've had in bond funds has done better than the broad based index funds over the course of 14 years...
You picked a shitty time to get into the stock market. :lol:

You watched the market skyrocket through the 90's and then decided to get in... in 2000. :suspicious:

You are either younger than I thought or dumber than I thought.
No dumbass, I didn't have ANY coin to spare till 2000. I was barely treading water till then.

Re: Stock Market

Posted: Mon Feb 03, 2014 7:37 pm
by houndawg
Buy land, boys, the stock market is a sucker's game rigged for the insiders. :nod:

Re: Stock Market

Posted: Mon Feb 03, 2014 7:46 pm
by BDKJMU
93henfan wrote:
BDKJMU wrote:I 1st invested in the market in 00' when the Dow peaked at 11,722

11,722 in 00' dollars = 16,231 in 2014 dollars, with an avg annual inflation rate of 2.35% (most of the inflation calculators still only go to 2013. Found 1 that has updated to 2014). Dow now is 15,372, so over the last 14 years as of now it hasn't even kept up with inflation.
http://www.dollartimes.com/calculators/inflation.htm" onclick="window.open(this.href);return false;

$$ I've had in bond funds has done better than the broad based index funds over the course of 14 years...
You should have started investing 10 years earlier. 2000-2008 was a total **** of a time to enter the market.

If you'd have invested $100K in an S&P500 index fund on Jan 2, 2009 and let it sit, you'd have had $228,689.66 on Dec 31, 2013.
See above. I had no coin to invest till 00'.

I don't try to time the market as far as the 401k goes. Too many huge ups and huge downs in the last 14 years. I just look at my statement a few times a year. Pretty conservative with that. I have a broker who handles my Roth & brokerage fund.

Re: Stock Market

Posted: Mon Feb 03, 2014 8:03 pm
by SDHornet
BDKJMU wrote:
See above. I had no coin to invest till 00'.
I know the feeling. Graduated in '07 months before the diarrhea hit the fan. Watched as the market crept to the 5k range and I remember thinking to myself "If only I had a few K to throw in there." All those "too big to fail" banks were selling for pennies on the dollar. Ford (the only American car company worth investing in both then and now) refused the gov's money and was as low as $2 a share if I recall correctly. That was the time to go all in...if only I had some bucks to throw in there...

However I have been throwing money into my ROTH 401k ever since so I was able to get some of the action, just not as much as I would have liked.

Re: Stock Market

Posted: Mon Feb 03, 2014 8:43 pm
by BDKJMU
SDHornet wrote:
BDKJMU wrote:
See above. I had no coin to invest till 00'.
I know the feeling. Graduated in '07 months before the diarrhea hit the fan. Watched as the market crept to the 5k range and I remember thinking to myself "If only I had a few K to throw in there." All those "too big to fail" banks were selling for pennies on the dollar. Ford (the only American car company worth investing in both then and now) refused the gov's money and was as low as $2 a share if I recall correctly. That was the time to go all in...if only I had some bucks to throw in there...

However I have been throwing money into my ROTH 401k ever since so I was able to get some of the action, just not as much as I would have liked.
Never fell that far. March 9, 09', Dow bottomed out at 6547.

Re: Stock Market

Posted: Mon Feb 03, 2014 8:48 pm
by Chizzang
houndawg wrote:Buy land, boys, the stock market is a sucker's game rigged for the insiders. :nod:
True ^ it is rigged
However: Certain commodities... Meh, never mind

Re: Stock Market

Posted: Mon Feb 03, 2014 9:46 pm
by DSUrocks07
Image

Re: Stock Market

Posted: Mon Feb 03, 2014 10:12 pm
by houndawg
Chizzang wrote:
houndawg wrote:Buy land, boys, the stock market is a sucker's game rigged for the insiders. :nod:
True ^ it is rigged
However: Certain commodities... Meh, never mind
You'll never lose money investing in war