Buy the dip?
- Thread starter soybean
- Start date
Agreed, but this isn’t Covid and the country isn’t locking down. While I don’t know what happens, I truly don’t feel this carries on too long.
Buffet didn't say that. Another misrepresentation by you.
“Be fearful when others are greedy, and be greedy when others are fearful.”
Went 100% cash on 2/6.
Not at the high but damn close.
I'm a big believer in a penny saved is a penny earned.
Let's just say, I've earned A LOT of money since then.
When I sold I was expecting a good 20-30% decrease in the market.
PS My wife was pissed when I texted her I sold everything in her 403b and IRA's. Now she think's I'm a genius.
So yeah, I got that going for me.
February 25th was my liberation day. Pretty amazing seeing it crater right after. Actually maybe not so crazy since many of us were saying it was going to happen in a thread here at the time. Can’t find it. Getting out was the easy part by far. Hard part is coming up. Not sure I am in a rush to get back in unless it really really dives.
Countries coming to the negotiating table, striking a tarrif deal that leaves U.S with a 5% better deal than before, positive market sentiment from said deals, market carries on.
We are holding and while I would have loved to jump out, I do not envy worrying about when to get back in!
Good grief, it’s tariff. Not tarrif.
I think wbough happens soon to stop much further deterioration in stocks, it will hover for a while within 1-2% of 40,000. Then some more deals shore up before end of 2026, market reaches nee highs summer of 2026.
Consumer confidence cratering ....
It seems Mericans are FINALLY realizing what many of us knew long ago...Trump will destroy the economy. Wall St. certainly isn't impressed. Grab your wallets and if you believe in God...PRAY! Shitshow.
iowa.forums.rivals.com
I am not. However, I don’t feel bad for a company that has racked up a massive balance sheet by taking advantage of cheap overseas labor.
Cute, when it was CEOs making millions while the average worker remained flat, the GOP always bitched "they've earned it". Funny how that changes now. Apple "earned" that $160B, sorry Samsung didn't figure out how to be better than Apple. Lazy take from a lazy dick
You must be a financial advisor. It isn’t sort of correct and sort of not. There will be casualties.
I timed getting out almost perfect.
There's less than a 69% chance I'll get it perfect coming back in.
So far, I'd guess I've saved a good 20%. If I get back in and it goes down another 15% oh well.
I still saved over $200k.
A penny saved is a penny EARNED.
Back to tax returns.
I timed getting out almost perfect.
There's less than a 69% chance I'll get it perfect coming back in.
So far, I'd guess I've saved a good 20%. If I get back in and it goes down another 15% oh well.
I still saved over $200k.
A penny saved is a penny EARNED.
Back to tax returns.
Tariffs were known to be coming for weeks. Any expected effects had been priced in before last week. Last week occurred by manipulation, people taking gains and triggering others to get out. Then they'll get back in a start reaping more rewards as other sheep get back in to drive things back up.
No, lot's of people were waiting and thinking this would pass.
We are likely done until real negative data comes in if we get to that point.
Continued unrest with either tariff tit for tat could cause issues. If a recession looks imminent you could see some continued downward pressure. Valuations are pretty fairly valued here in my opinion - a lot of the excess eliminated, now the question how much are the business effected in this new environment.
- Sep 13, 2002
- 100,967
- 214,606
- 113
Lol - when will it get back to within 1-2% of 40K so it can "hover"?
You can't be taken seriously.
- Sep 13, 2002
- 100,967
- 214,606
- 113
That's completely inaccurate. They weren't priced in because Trump has called for tariffs and then pulled them back. The unpredictability is hurting the market as well.
You seem to be one of the sharper investors on this board. Are you seeing any value opportunities in something like Nike or NVDA right now? Or are you in wait and see mode until the market bottoms out?
Your issue with the valuations is 2 fold, how much will they lose on revenues international, how much do their cost of goods sold go up and can they pass on much of their sales on to current customers. They have been struggling over the last couple of years. I think you would be better suited trying to focus on something primarily US related for now.
With any stock there are almost too many moving parts to do a full analysis right now. Its why people are selling everything and then figuring it out later.
I am waiting to see if the housing sector and mortgages begin to get hit, the preferred reits have always been a good place for me to make a lot of money. Sooner or later there will be a washout and the Preferreds will get whacked. In 2020, even the best quality got down to $2 to $3 on a $25 share price. Lets say the get down to $5 to $10, Find those preferred companies that have nearly 100% federally insured mortgage loans (meaning the government backs them) and you can make a lot of money. 200% plus return plus get set up for some really nice dividends. This is 1 area I am waiting for a washout. When the Fed finally backstops this is generally the first place that will recover.
