Investing, Stock Market and Retirement Planning Thread

Postby **Dickie Dunn** » Sun Mar 15, 2020 7:24 pm

Markets reacting exactly as any sane person would expect to a FULL POINT RATE CUT ON A **** SUNDAY

Postby **offsides** » Sun Mar 15, 2020 10:22 pm

Investors were unassuaged by news that the Federal Reserve is cutting interest rates to zero. US stock futures dropped 5% Sunday evening, hitting the "limit down," meaning they can't fall any further.

https://money.cnn.com/data/premarket/

Postby **skullman80** » Mon Mar 16, 2020 8:35 am

I should still not panic right and just ride this out... it seems the fund I Have 2050 Vanguard leans heavily in stock and not so much in bonds. Even if I wanted to change it up though I really don't know what to change it to.

Postby **Troy Loney** » Mon Mar 16, 2020 8:45 am

Markets reacting exactly as any sane person would expect to a FULL POINT RATE CUT ON A **** SUNDAY

This is the "when all you have is a hammer, all problems are a nail".

This is going to be a demand based shock, assistance needs to be targeted to the sectors that are going to be hardest hit. By both propping up those businesses to ensure they don't go bankrupt, but also relief for those that won't be working.

Postby **Fire0nIce228** » Mon Mar 16, 2020 8:45 am

UVXY folks.. thats all you need for the next several months..

UVXY
Closed: Mar 16, 8:43 AM EDT · Disclaimer
Pre-market 84.02 +26.78 (46.79%)

Postby **Freddy Rumsen** » Mon Mar 16, 2020 9:32 am

Postby **skullman80** » Mon Mar 16, 2020 9:46 am

So serious question. I changed my future investments to be a little less risky (just for now). Should I also take my current balance and transfer it into the less risky fund? Does that matter? Does that drop my balance? I'm so lost on this stuff.

Postby **Troy Loney** » Mon Mar 16, 2020 10:51 am

So serious question. I changed my future investments to be a little less risky (just for now). Should I also take my current balance and transfer it into the less risky fund? Does that matter? Does that drop my balance? I'm so lost on this stuff.

2Q GDP is predicted to drop 10%.

No idea what that ultimately does to the stock market. But we are still at extremely low unemployment numbers, we don't know what will happen when people start losing their jobs.

YouTube · Postby **mikey** » Mon Mar 16, 2020 12:42 pm

It makes sense in this time to put more of your paycheck into your 401k/Roth, right? Especially because it looks like I won't be going out nearly as much these next couple months...

How about now...? How much worse can it get, eh?

Postby **Beveridge** » Mon Mar 16, 2020 12:44 pm

It can get worse but the market has never not rebounded. Always a first for everything!

Postby **NTP66** » Mon Mar 16, 2020 1:13 pm

Source of the post Always a first for everything!

Let's hope that isn't the case here.

YouTube · Postby **mikey** » Mon Mar 16, 2020 4:03 pm

It makes sense in this time to put more of your paycheck into your 401k/Roth, right? Especially because it looks like I won't be going out nearly as much these next couple months...
How about now...? How much worse can it get, eh?

Maybe I'll wait...

Postby **Troy Loney** » Mon Mar 16, 2020 4:21 pm

I think it might have a lot of room to fall.

https://www.macrotrends.net/1319/dow-jo ... ical-chart

Postby **offsides** » Mon Mar 16, 2020 4:40 pm

It makes sense in this time to put more of your paycheck into your 401k/Roth, right? Especially because it looks like I won't be going out nearly as much these next couple months...
How about now...? How much worse can it get, eh?
Maybe I'll wait...

Very very wise decision!

Postby **Dickie Dunn** » Mon Mar 16, 2020 6:06 pm

Fun story that I’ll try to make as vague as possible. We got caught in an options disaster today that resulted in us buying an airline manufacturer at their 52 week low for 220% of the current share price. This place is a mess.

Postby **willeyeam** » Mon Mar 16, 2020 7:27 pm

Fun story that I’ll try to make as vague as possible. We got caught in an options disaster today that resulted in us buying an airline manufacturer at their 52 week low for 220% of the current share price. This place is a mess.

Good God

Postby **MrKennethTKangaroo** » Mon Mar 16, 2020 7:36 pm

Fun story that I’ll try to make as vague as possible. We got caught in an options disaster today that resulted in us buying an airline manufacturer at their 52 week low for 220% of the current share price. This place is a mess.

Ho w big is that transaction relative to the portfolio? Is it jake Elmore being useless for 120 or so at bats bad (Short term, not good, no long term impact) or Felipe Vazquez getting arrested for soliciting minors in rural westmoreland county bad

Postby **Dickie Dunn** » Mon Mar 16, 2020 7:40 pm

Fun story that I’ll try to make as vague as possible. We got caught in an options disaster today that resulted in us buying an airline manufacturer at their 52 week low for 220% of the current share price. This place is a mess.
Ho w big is that transaction relative to the portfolio? Is it jake Elmore being useless for 120 or so at bats bad (Short term, not good, no long term impact) or Felipe Vazquez getting arrested for soliciting minors in rural westmoreland county bad

It’s Jake Elmore being useless on a AA team while getting paid an MLB salary.

Postby **Fire0nIce228** » Mon Mar 16, 2020 8:29 pm

So serious question. I changed my future investments to be a little less risky (just for now). Should I also take my current balance and transfer it into the less risky fund? Does that matter? Does that drop my balance? I'm so lost on this stuff.
2Q GDP is predicted to drop 10%.

No idea what that ultimately does to the stock market. But we are still at extremely low unemployment numbers, we don't know what will happen when people start losing their jobs.

Lots of room down to go unless there is a sudden flameout of the virus. For now people are still going to work is right, soon that may not be the case. Not everyone is going to pay people to stay home for long. Consumer confidence to spend will plummet.

If your young, increase contribution and start buying stalwart companies that can and will survive. Provided you have a liquid cash cushion to get through 12-18 months of this goes real bad.

Wishing I had bought more UVXY then I did last week. Up 100% on that but the rest of the account is just getting hammered. Just couldn’t afford to without dipping into cash. Bought a house last month that now has me kind of worried.

Postby **Shyster** » Mon Mar 16, 2020 8:33 pm

Fun story that I’ll try to make as vague as possible. We got caught in an options disaster today that resulted in us buying an airline manufacturer at their 52 week low for 220% of the current share price. This place is a mess.

On the plus side, Boeing (it sounds like Boeing) is going to save a ton of money on lost-profit claims related to the 737 MAX because pretty much no airline would be flying those aircraft anyway. So that should help the stock in the future.

Postby **Fire0nIce228** » Mon Mar 16, 2020 8:34 pm

And no, transferring your investments from one asset to a less risky will not lower your overall balance per say. You should be able to lick dollar amounts or percentages of asset to move into others. Hopefully your risk assets you want to change are not underwater already.

Postby **Freddy Rumsen** » Mon Mar 16, 2020 9:55 pm

Postby **Dickie Dunn** » Mon Mar 16, 2020 9:58 pm

It’s gonna keep going like this. There’s plenty of money to be made in the volatility.

Postby **Dickie Dunn** » Tue Mar 17, 2020 8:04 am

Postby **Troy Loney** » Tue Mar 17, 2020 8:14 am

I've been 100% short term assets. I'm going to have my contributions go 100% to large cap stocks while this crazy **** is going on.

I feel like they are trying to respond in real time to the upcoming economic shock, but I fear unemployment is going to jump very soon and the market has not priced that in yet.