oldmontana
Senior Member
- Location
- Montana
With covid19 and the protests I think we will see the market take a dive. Just look at how almost all business sectors are effected and the effect they have on other businesses, not that hard to see.
I agree and am bracing for some financial disappointment next week.With covid19 and the protests I think we will see the market take a dive. Just look at how almost all business sectors are effected and the effect they have on other businesses, not that hard to see.
It is a big mystery to me as well. It just doesn't make logical sense, …. but that is the market.Even the experts are puzzled at this market. It is rising without fundamental basis. What is it tied to now? The economy? The CV-19 virus? China tensions? All I know is many are making some of their money back but putting a finger on "why" is a mystery to me.
The Dow numbers include no dividends so the numbers do not reflect actual performance of the Dow ..same with the s&p 500 ..in some years you would be not counting as much as 1/3 of the gainsToday' Dow ended at 27,110.98 On Jan 02,2020 it closed at 28,868.80
you can be hurt bad by inflation , that is the same as losing it .At 64, I've ridden the stock market roller coaster too many times and need to get off. Bonds, CDs and money market accounts aren't as attractive because interest rates are so low but I'm afraid to stay with stocks for fear that I'll be wiped out with too little time left to recover.
The numbers are given to show the "numbers." Dividends have no place here.The Dow numbers include no dividends so the numbers do not reflect actual performance of the Dow ..same with the s&p 500 ..in some years you would be not counting as much as 1/3 of the gains
I have bought out of fear of not owning and have reduced my positions now due to age/time of recovery form a steep fall. What we are experiencing now is as 100% of the investors on CNBC are saying on 06/09/20, puzzling to the point of caution. Some stocks are up 100+points in a day and week (look at airlines & hotel & cruise lines) "This is crazy" is what all four of four are saying this morning and are saying they will not advise on buying in or bailing out. We have seen a major dip then overnight a nuclear comeback that no one can justify. Did we just see the shortest bull market in history? Is this now the beginning of a 5-7 bull market?At 64, I've ridden the stock market roller coaster too many times and need to get off. Bonds, CDs and money market accounts aren't as attractive because interest rates are so low but I'm afraid to stay with stocks for fear that I'll be wiped out with too little time left to recover.
Who are you to call someone's thinking nonsense which you misspelled? Since when is the average American life span 89-94 years?you can be hurt bad by inflation , that is the same as losing it .
a 50/50 portfolio has never ever lost a penny in any 10 or 20 year period .
at 64 you have 25-30 years of time before you need to eat with your long term money ...that should be in diversified funds ..not for nothing but if the s&p 500 GOT WIPED OUT as you speak you got a lot more to worry about then your balance .
but you gotta do what you got to do but that thinking is really fear and non sense
Who said anything about average lifespan ...I don’t see anything there that says average ....the reality is that there is a 73% chance one in a couple will see 85 ..for some one who retired at 62 that is 23 years ...there is almost a 50% chance that one in a couple will see 90 ..that is 28 years.Who are you to call someone's thinking nonsense which you misspelled? Since when is the average American life span 89-94 years?
@fmdog44 My mother lived to be 97, my father 84. His father 99. My grandmother 85, a cousin who died recently of Covid..would have celebrated his 100th birthday in July. I know several people who look fantastic and are in great health who are in their 80s.Who said anything about average lifespan ...I don’t see anything there that says average ....the reality is that there is a 73% chance one in a couple will see 85 ..for some one who retired at 62 that is 23 years ...there is almost a 50% chance that one in a couple will see 90 ..that is 28 years ....
so YES , AT 62 there is still long term money that won’t be used to eat for 20-30 years.
like I said people will do what what they want to do , but many also fail to realize that for someone living off their portfolio with fixed income only they may be setting them selves up for the Failed retirement graveyard....no one ever lost a penny in a 50/50 portfolio with diversified funds over any 10 or 20 year period ...but lots of retirees failed to have their money last as long as they did by trying to hide in fixed income .
if I misspelled any words to bad ....
Exactly ...stats mean nothing to us humans without knowing who of us is dead and who is going on to older ages .@fmdog44 My mother lived to be 97, my father 84. His father 99. My grandmother 85, a cousin who died recently of Covid..would have celebrated his 100th birthday in July. I know several people who look fantastic and are in great health who are in their 80s.
you can be hurt bad by inflation , that is the same as losing it .
a 50/50 portfolio has never ever lost a penny in any 10 or 20 year period .
at 64 you have 25-30 years of time before you need to eat with your long term money ...that should be in diversified funds ..not for nothing but if the s&p 500 GOT WIPED OUT as you speak you got a lot more to worry about then your balance .
but you gotta do what you got to do but that thinking is really fear and non sense
By the way you babble about being self taught about investing. You never said you failed to graduate. Too bad. Grab a shovel.Who said anything about average lifespan ...I don’t see anything there that says average ....the reality is that there is a 73% chance one in a couple will see 85 ..for some one who retired at 62 that is 23 years ...there is almost a 50% chance that one in a couple will see 90 ..that is 28 years.
You did by offering up a span of years
there is a 54% chance a woman will see 85 if she is single ....
so YES , AT 62 there is still long term money that won’t be used to eat for 20-30 years. ????
like I said people will do what what they want to do , but many also fail to realize that for someone living off their portfolio with fixed income only they may be setting them selves up for the Failed retirement graveyard....no one ever lost a penny in a 50/50 portfolio with diversified funds over any 10 or 20 year period ...but lots of retirees failed to have their money last as long as they did X by trying to hide in fixed income .
as humans statistics mean little ....we only have two outcomes , we are dead or we are alive ....
Yet you enter them proving you regurgitate you own words
do you know who of us will be dead and who will be alive regardless of statistics ?.. I know I don’t ...so good planning has to assume it’s us or our spouse who live to older ages . Nice try to save a stupid post by you.
if I misspelled any words to bad ....and yes , being driven by fear and exhibiting poor investor behavior because of it is nonsense ....oops non sense I think it is obvious you need to be sober when posting or confess you are 5 years old.
I have no idea what you are babbling about .. facts are facts , data is data , bad investor behavior is just that .. 2/3's of all rolling 30 year retirement cycles to date have failed trying to support even 4% with only fixed income..it can be very dangerous and facts show that fact .By the way you babble about being self taught about investing. You never said you failed to graduate. Too bad. Grab a shovel.