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Post by joegolferg on Mar 7, 2020 14:50:32 GMT -5
How damaging to these "funds" is the likes of a 2008 style recession?
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Post by Cecil Harvey on Mar 8, 2020 0:35:48 GMT -5
How damaging to these "funds" is the likes of a 2008 style recession? This is anecdotal and from memory, and applies to fromthe U.S.: The high point in 2007 to the low point in early March 2009, the S&P 500 went from ~1500 to ~660. A loss of nearly 60%. If one still has a long time horizon before distribution phase, then one rides this out. It took 5 to 6 years to get back to the 2007 levels. The current level of the S&P 500 is just south of 3000, and it's all time high just two and a half weeks ago was nearly 3400. A total bond fund doesn't see anything like that, however, and over time nets 3% or so per year on average. "Bad"for regular bond funds (not junk or corporate) see a loss of a couple percent in a year. |
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Post by Deleted on Mar 9, 2020 20:29:50 GMT -5
How damaging to these "funds" is the likes of a 2008 style recession? Joe longs fear and shorts freedom. |
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Post by rcknfrewld on Mar 9, 2020 23:57:34 GMT -5
Well that drop kind of narrows my options after going all in. I'm lucky though because I'm in a position right now where I can just dump my entire paycheck pretty much into buying more shares at these prices every couple weeks. I hope we stay at these levels or worse for awhile.
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Post by joegolferg on Mar 10, 2020 3:21:45 GMT -5
How damaging to these "funds" is the likes of a 2008 style recession? Joe longs fear and shorts freedom. Haha, I only long for investors bank accounts to be emptied due to economic crashes. That's my porn. |
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Post by Deleted on Mar 10, 2020 17:39:30 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis.
Let me ask you this.
My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ?
Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself.
You're a clown.
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Post by rcknfrewld on Mar 10, 2020 18:18:18 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis. Let me ask you this. My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ? Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself. You're a clown. It's only a loss if you sell. Right now it's just a loss on paper and an opportunity for her to hopefully up her 401k contributions every paycheck. And if you look back to the crash of 2008, that was just a blip on the radar in the big picture. |
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Post by donkeypuncherben on Mar 11, 2020 1:30:45 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis. Let me ask you this. My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ? Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself. You're a clown. Geez this thread is turning awfully personal and uncomfortable really quick. Your wife isn’t any more entitled to her investments going up or not going down than anyone else because of her profession or virtues. She should allocate assets according to her risk tolerance like everyone else. Her employment future is secure due to her profession so this market downturn isn’t going to ruin her. |
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Post by rcknfrewld on Mar 11, 2020 2:45:01 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis. Let me ask you this. My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ? Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself. You're a clown. Geez this thread is turning awfully personal and uncomfortable really quick. Your wife isn’t any more entitled to her investments going up or not going down than anyone else because of her profession or virtues. She should allocate assets according to her risk tolerance like everyone else. Her employment future is secure due to her profession so this market downturn isn’t going to ruin her. Everybody chill back. Paul, no need to get all hot about it. *said in a Brent to Ronnie tone. Just think of Joe as a bad caller and just hang up on him. #asstreeks |
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Post by joegolferg on Mar 11, 2020 3:33:45 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis. Let me ask you this. My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ? Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself. You're a clown. lmao I work for a living and choose not to invest my money into companies who commit mass exploit against their staff, it actually sounds as though your wife is one of the exploited and I 100% support her. She's a true working woman that deserves all the benefits she can get. |
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Post by joegolferg on Mar 11, 2020 3:36:41 GMT -5
I have very little in the stock market and do not have a 401k. I buy dips here and there like yesterday. I tend to get in get out. I mostly play with my own money on a daily basis. Let me ask you this. My wife has a 401k and is a trauma nurse in one of toughest areas . GSWs and all kinds of cray sh%$. Saves life's everyday. Rarely gets to pee on her 12 hour shift let alone eat. So if she loses her investment is that amusing to you ? Maybe grow a pair and steel for a living instead of being a giant pu**y . Love to see you on the street fending for yourself. You're a clown. It's only a loss if you sell. Right now it's just a loss on paper and an opportunity for her to hopefully up her 401k contributions every paycheck. And if you look back to the crash of 2008, that was just a blip on the radar in the big picture. 2008 was part of the terminal illness of capitalism known as "boom and bust". Its an historical pattern that repeats itself with varying levels of depression each time. |
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Post by rcknfrewld on Mar 11, 2020 4:00:57 GMT -5
That is the nature of the world and why it is so beautiful. A second somebody dies. A second somebody is born. With creation comes destruction and vice versa or however that goes. It's not fair that we all have to die someday but that's life. And the world couldn't possibly exist any other way.
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Post by joegolferg on Mar 11, 2020 4:20:58 GMT -5
That is the nature of the world and why it is so beautiful. A second somebody dies. A second somebody is born. With creation comes destruction and vice versa or however that goes. It's not fair that we all have to die someday but that's life. And the world couldn't possibly exist any other way. Its not nature to have people do well and then fall into poverty in a never ending cycle of economic tribulations. That's a man made system called capitalism. Let's not forget that a previous system existed before our current one (feudalism) and that was overthrown to get to where we are today. I'm just not keen on people like Paul's wife being thoroughly exploited by corporations and big business whilst those with enough disposable income like to throw more money towards these already profiting exploiters. It's a disease. |
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Post by donkeypuncherben on Mar 11, 2020 5:07:26 GMT -5
I think the mods banned politics threads here for a reason. In the spirit of that, let's try not to make the stock market thread a backdoor to debate the merits of the capitalist system. There are thousands if not millions of places on the Internet to go debate these topics.
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Post by rcknfrewld on Mar 11, 2020 5:30:34 GMT -5
Rule 1. No golf talk.
Rule 2. No politics.
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