Author Topic: Stocks  (Read 377222 times)

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 7544
  • Total likes: 1626
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3825 on: February 27, 2020, 01:31:43 PM »
There's no 1 right fit for all

That's true in all aspects of life.

That being said, could you kindly explain how "being in it for the long run" works with the risk/reward potential of stocks at this point?

To make the point about the risk/reward profile at this point, I heard someone pointing out this morning that unlike Tariffs, Brexit, and other risks that the market faced in the past year or two, which had some kind of a defined resolution one way or the other, with COVID-19 there are simply too many unknown risks out there. IMHO the prudent thing to do is to stay on the sidelines. If one has some losses, holding onto them in hopes of recovering might end up in a painful lesson. Regardless of the current COVID-19 risk, the market was in place for a correction. If you read John Hussman's market commentary you will find that the reward profile for many assets over the next 10 years is extremely low.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 7544
  • Total likes: 1626
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3826 on: February 27, 2020, 01:32:21 PM »
Then don't look

AKA Ignorance is bliss.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ltttc

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2019
  • Posts: 497
  • Total likes: 94
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3827 on: February 27, 2020, 01:36:29 PM »
You're not being truthful to yourself.
Usually don't care/look. But couldn't help it when losing 10s of 1000s in a matter of hours. Still didn't sell though cuz...in it for the long run. 

Offline ltttc

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2019
  • Posts: 497
  • Total likes: 94
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3828 on: February 27, 2020, 01:39:55 PM »
That's true in all aspects of life.

That being said, could you kindly explain how "being in it for the long run" works with the risk/reward potential of stocks at this point?

Unfortunately, I won't be retiring until quite a few decades from now. If I sell on every dip, well you can finish that off...

Offline stooges44

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Jan 2017
  • Posts: 5453
  • Total likes: 1028
  • DansDeals.com Hat Tips 259
    • View Profile
Re: Stocks
« Reply #3829 on: February 27, 2020, 02:05:24 PM »
Usually don't care/look. But couldn't help it when losing 10s of 1000s in a matter of hours. Still didn't sell though cuz...in it for the long run.

Just don't put in any money you don't want to lose.
If it's not free shipping it's not worth it.

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 7544
  • Total likes: 1626
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3830 on: February 27, 2020, 02:22:49 PM »
Unfortunately, I won't be retiring until quite a few decades from now. If I sell on every dip, well you can finish that off...

Well, as I pointed out before, this isn't just "a dip".

I would recommend you educate yourself a little bit about P/E ratios and future returns. Hussman has been writing about this for longer than I can remember, but for a simpler shorter read you can try https://fsinvestments.com/learn/articles/PE-ratios I also highly recommend reading Richard Russel's timeless article https://www.mauldineconomics.com/images/uploads/pdf/mwo041406.pdf
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan

Offline ltttc

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2019
  • Posts: 497
  • Total likes: 94
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3831 on: February 27, 2020, 03:11:16 PM »
Well, as I pointed out before, this isn't just "a dip".

I would recommend you educate yourself a little bit about P/E ratios and future returns. Hussman has been writing about this for longer than I can remember, but for a simpler shorter read you can try https://fsinvestments.com/learn/articles/PE-ratios I also highly recommend reading Richard Russel's timeless article https://www.mauldineconomics.com/images/uploads/pdf/mwo041406.pdf
Lol! I'm a "bit" educated in this area. I actually give classes on these stuff. I get paid to do that so not about to do that here  ;)

Online EliJelly

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Jan 2019
  • Posts: 700
  • Total likes: 247
  • DansDeals.com Hat Tips 1
    • View Profile
Re: Stocks
« Reply #3832 on: February 27, 2020, 03:41:51 PM »
Instead of biting the nails.. Enjoy.

https://www.csh.bz/line/05xp.html  (Be creative with the mouse)

Offline Zevwolf

  • Dansdeals Platinum Elite + Lifetime Gold Elite
  • ******
  • Join Date: Apr 2013
  • Posts: 764
  • Total likes: 13
  • DansDeals.com Hat Tips 6
    • View Profile
Re: Stocks
« Reply #3833 on: February 27, 2020, 04:02:45 PM »
S&P 500 Index 5 Day down 11.70%

Online Kobe bryent

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Jan 2017
  • Posts: 614
  • Total likes: 171
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Stocks
« Reply #3834 on: February 27, 2020, 04:36:43 PM »
S&P 500 Index 5 Day down 11.70%
Great time to get into the market...

Offline ltttc

  • Dansdeals Platinum Elite
  • ****
  • Join Date: May 2019
  • Posts: 497
  • Total likes: 94
  • DansDeals.com Hat Tips 0
    • View Profile
Re: Stocks
« Reply #3835 on: February 27, 2020, 04:39:38 PM »
Great time to get into the market...
Agree. I'm just waiting a few more days as I think it'll still go south

Online Kobe bryent

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Jan 2017
  • Posts: 614
  • Total likes: 171
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Stocks
« Reply #3836 on: February 27, 2020, 04:40:16 PM »
Well, as I pointed out before, this isn't just "a dip".

I would recommend you educate yourself a little bit about P/E ratios and future returns. Hussman has been writing about this for longer than I can remember, but for a simpler shorter read you can try https://fsinvestments.com/learn/articles/PE-ratios I also highly recommend reading Richard Russel's timeless article https://www.mauldineconomics.com/images/uploads/pdf/mwo041406.pdf
you have to be kidding me?! you would advise some one whose retiring in 20 years to pull out of the market now??

Online Kobe bryent

  • Dansdeals Platinum Elite + Lifetime Silver Elite
  • *****
  • Join Date: Jan 2017
  • Posts: 614
  • Total likes: 171
  • DansDeals.com Hat Tips 3
    • View Profile
Re: Stocks
« Reply #3837 on: February 27, 2020, 04:44:28 PM »
Agree. I'm just waiting a few more days as I think it'll still go south
Definitely going to dip more, but i wouldn't advise anyone to stop investing in their 401K if they are 5 years removed from retirement.   

Offline shwarmabob

  • Dansdeals Lifetime Platinum Elite
  • *******
  • Join Date: Dec 2014
  • Posts: 1014
  • Total likes: 83
  • DansDeals.com Hat Tips 0
  • Gender: Male
    • View Profile
Re: Stocks
« Reply #3838 on: February 27, 2020, 05:02:47 PM »
lol, Nouriel Roubini is back  ;D

Offline ExGingi

  • Dansdeals Lifetime Presidential Platinum Elite
  • *********
  • Join Date: Nov 2015
  • Posts: 7544
  • Total likes: 1626
  • DansDeals.com Hat Tips 9
    • View Profile
  • Location: 770
Re: Stocks
« Reply #3839 on: February 27, 2020, 06:22:48 PM »
Great time to get into the market...
Trying to catch a falling knife?

Agree. I'm just waiting a few more days as I think it'll still go south

If that's your conviction, why not liquidate and reenter at a lower price?

you have to be kidding me?! you would advise some one whose retiring in 20 years to pull out of the market now??


Definitely going to dip more, but i wouldn't advise anyone to stop investing in their 401K if they are 5 years removed from retirement.   

Have you lived through/experienced 2008/2009 or 1999/2000 drops?

S&P 500 Index 5 Day down 11.70%
Which means it needs to rise 13.25% just to break even.
I've been waiting over 5 years with bated breath for someone to say that!
-- Dan