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EndOfDiscOne 12/26/18 9:47:40 AM #1: |
How are you reacting to the drop in the stock market? - Results (9 votes)
Selling to cut my losses
11.11% (1 vote)
1
No change; keeping calm and weathering the storm
33.33% (3 votes)
3
Buying the dip
22.22% (2 votes)
2
I predicted this and already made changes accordingly
0% (0 votes)
0
I don't know / I don't do finance stuff
33.33% (3 votes)
3
Other (explain)
0% (0 votes)
0
--- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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Irony 12/26/18 9:49:39 AM #2: |
I don't buy stock because that's dumb
--- I am Mogar, God of Irony and The Devourer of Topics. ... Copied to Clipboard!
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karlpilkington4 12/26/18 9:52:27 AM #3: |
95% of the stock world is morons pretending they know anything about anything.
--- Is This The Krusty Krab? "No This Is Patrick!" ... Copied to Clipboard!
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EndOfDiscOne 12/26/18 9:52:59 AM #4: |
Irony posted...
I don't buy stock because that's dumb You are smarter than all of the people who buy stock --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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John_Galt 12/26/18 9:53:06 AM #5: |
I'm a buyer
--- Who is John Galt? ... Copied to Clipboard!
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Kombucha 12/26/18 9:57:39 AM #6: |
I'm shying away from adding additional stocks (or anything with higher risk, for that matter) to my portfolio right now.
--- ... Copied to Clipboard!
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Turtlebread 12/26/18 10:12:14 AM #7: |
... Copied to Clipboard!
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CharlesBronson 12/26/18 10:14:31 AM #8: |
already sold everything in june at 2750
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Paragon21XX 12/26/18 10:15:48 AM #9: |
Staying the course with my 401k.
--- Hmm... ... Copied to Clipboard!
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Pitlord_Special 12/26/18 10:29:26 AM #10: |
Sold half of my non-retirement holdings earlier this year to make a down payment on my first house
Just bagholding the rest for now but may make a few acquisitions once the dust clears --- Posted from my iPhone 8 ... Copied to Clipboard!
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FLUFFYGERM 12/26/18 10:37:14 AM #11: |
Getting my cash ready for some buying.
--- Do good. Eat communists. ... Copied to Clipboard!
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EndOfDiscOne 12/26/18 1:21:23 PM #12: |
Stocks are bouncing back. Go Trump!
--- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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CommonStar 12/26/18 1:23:55 PM #13: |
I'm buying some spreading it out. Buying some now and some more if it continues to go down and so on.
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theAteam 12/26/18 1:25:11 PM #14: |
My 401k is sitting there for another 25 years so I'm just sitting on it
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monkmith 12/26/18 1:25:14 PM #15: |
had to sit through an hour of my very conservative uncle bitching about the failing economy and how its the democrats fault...
--- People die when they are killed. Quando il gioco e finito, il re e il pedone vanno nella stessa scatola ... Copied to Clipboard!
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The23rdMagus 12/26/18 1:28:04 PM #16: |
Looking forward to an ESPP buy. The market will recover.
--- ~Drewnami: The Drew abides.~ Gonads are useful for their purpose, but they are no substitute for brains. -Paul Harvey ... Copied to Clipboard!
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Lunar_Savage 12/26/18 1:31:00 PM #17: |
Eh. Toying with the idea of buying stock in dairy, pork, or beef as the current trade war destroyed them, but the tarrifs are supposedly coming off early next year which should mean an upswing. Buuut. I dunno.
--- Number of Mega Cookies given: (::::) 29 *Tips top hat, adjusts monocle, and walks away with a cane.* And yes, that IS Mr. Peanut laying unconscious on the curb ... Copied to Clipboard!
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monkmith 12/26/18 1:35:10 PM #18: |
Lunar_Savage posted...
Eh. Toying with the idea of buying stock in dairy, pork, or beef as the current trade war destroyed them, but the tarrifs are supposedly coming off early next year which should mean an upswing. Buuut. I dunno. i'd be careful since we pulled that questionable bullshit with the chinese cellphone CEO. --- People die when they are killed. Quando il gioco e finito, il re e il pedone vanno nella stessa scatola ... Copied to Clipboard!
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Lunar_Savage 12/26/18 1:39:02 PM #19: |
monkmith posted...
Lunar_Savage posted...Eh. Toying with the idea of buying stock in dairy, pork, or beef as the current trade war destroyed them, but the tarrifs are supposedly coming off early next year which should mean an upswing. Buuut. I dunno. Hm. Yeah, I have a funny feeling the foreign markets aren't just gonna go "Hell yeah lets jump back to American sellers!" after all we've done. Probably in for a bumpy ride. --- Number of Mega Cookies given: (::::) 29 *Tips top hat, adjusts monocle, and walks away with a cane.* And yes, that IS Mr. Peanut laying unconscious on the curb ... Copied to Clipboard!
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Darkman124 12/26/18 1:48:14 PM #20: |
i am lucky enough to have a lot of cash flow, and I have been buying with both hands since november.
i plan on making my full ROTH contrib for self+wife jan 1. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Solid Snake07 12/26/18 4:16:43 PM #21: |
Holding and buying more
--- "People incapable of guilt usually do have a good time" -Detective Rust Cohle ... Copied to Clipboard!
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paperbag 12/26/18 6:32:25 PM #22: |
Going long and got more
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CharlesBronson 12/27/18 9:40:36 AM #23: |
paperbag posted...
Going long and got more lol how much did you lose today i'm up $25 last I checked lol ... Copied to Clipboard!
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Darkman124 12/27/18 10:12:01 AM #24: |
real question traders are asking now is whether we're looking at 1987/2011 or 1929/2001/2008
IMO we do not have conditions that mirror either case. to me it looks like a global downturn that finally reached the US and pulled us down with it if every market except the US enters a recession it'd be huge for the US- a lot of foreign money would come here seeking returns since none would be found elsewhere --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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EndOfDiscOne 12/27/18 10:16:13 AM #25: |
Darkman124 posted...
to me it looks like a global downturn that finally reached the US and pulled us down with it no it's Trump's fault --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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CharlesBronson 12/27/18 10:20:42 AM #26: |
EndOfDiscOne posted...
Darkman124 posted...to me it looks like a global downturn that finally reached the US and pulled us down with it lol more like obama's phony economy was just an asset bubble thanks to the fed once they cut rates back to zero and do QE4 to reinflate the bubble it's not going to work this time better position yourself now and short the dollar and buy gold before it's too late ... Copied to Clipboard!
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Darkman124 12/27/18 10:24:34 AM #27: |
earnings rises aren't 'fake', and the reactions in markets seem to be to the fed not caring whether their actions are destructive or not, rather than the fed ever taking those actions
the drop from the dec hike was nothing compared to jerome's comments that he didnt care about volatility --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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KILBOTz 12/27/18 10:25:41 AM #28: |
I've been doing a decent amount of buying. I also bought a decent amount of platinum. A bit more gold and silver as well.
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CharlesBronson 12/27/18 10:32:22 AM #29: |
Darkman124 posted...
earnings rises aren't 'fake', and the reactions in markets seem to be to the fed not caring whether their actions are destructive or not, rather than the fed ever taking those actions lol the fed has been stealing from savers for the past 10 years that's what's destructive ... Copied to Clipboard!
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Darkman124 12/27/18 10:33:46 AM #30: |
CharlesBronson posted...
lol the fed has been stealing from savers for the past 10 years that's what's destructive the argument would be more like the commercial paper market has stolen from savers fed's damage now is that they're removing liquidity during a time of uncertainty --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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Squall28 12/27/18 10:47:40 AM #31: |
Jumped the gun and bought too early so I don't have extra funds to buy more
--- If you're going through hell, keep going. -Winston Churchill ... Copied to Clipboard!
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Darkman124 12/27/18 10:54:22 AM #32: |
Squall28 posted...
Jumped the gun and bought too early so I don't have extra funds to buy more i did too, but it'll be okay man. always 2019 roths! you could also exploit this chance to move any trad IRAs to ROTH IRAs in a rollover less tax consequences when the asset value is lower --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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EndOfDiscOne 12/27/18 10:59:31 AM #33: |
Buy Bitcoin
--- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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CharlesBronson 12/27/18 11:10:43 AM #34: |
Darkman124 posted...
Squall28 posted...Jumped the gun and bought too early so I don't have extra funds to buy more on one hand why would you want to pay taxes on an investment that might go down in value on the other hand a 2019 recession means 2020 socialism and the democrats are going to tax the shit out of you so i lean more towards roth but i have both kinds ... Copied to Clipboard!
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Darkman124 12/27/18 11:25:20 AM #35: |
CharlesBronson posted...
on one hand why would you want to pay taxes on an investment that might go down in value on the other hand a 2019 recession means 2020 socialism and the democrats are going to tax the s*** out of you so i lean more towards roth but i have both kinds you want both kinds, ideally--401k to draw down from up to the 12-15% tax threshold max, then ROTH for the rest. the idea is paying taxes on an investment that already lost money, without actually liquidating the investment. this minimizes the taxes i need to do this for more functional purposes. wife's income is rising too fast, we may not qualify for ROTHs forever. this is a good problem to have. --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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EndOfDiscOne 12/27/18 11:31:36 AM #36: |
Darkman124 posted...
wife's income is rising too fast, we may not qualify for ROTHs forever. Look into backdoor Roth conversions. It's a blatant tax loophole that many people exploit. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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CiIantro 12/27/18 11:32:46 AM #37: |
karlpilkington4 posted...
95% of the stock world is morons pretending they know anything about anything. Just the ones who post about it online. So many idiots. ... Copied to Clipboard!
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Darkman124 12/27/18 11:46:52 AM #38: |
EndOfDiscOne posted...
Look into backdoor Roth conversions. It's a blatant tax loophole that many people exploit. i was actively describing them in this thread --- And when the hourglass has run out, eternity asks you about only one thing: whether you have lived in despair or not. ... Copied to Clipboard!
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EndOfDiscOne 12/27/18 12:27:43 PM #39: |
Darkman124 posted...
EndOfDiscOne posted...Look into backdoor Roth conversions. It's a blatant tax loophole that many people exploit. You just mentioned rollovers. I meant that even when your income is above the Roth limits, you can still contribute to Roth through a backdoor Roth conversion. --- I am the Cheese! I am the best character on the show! I am better than both the salami and the bologna COMBINED! ... Copied to Clipboard!
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Squall28 12/27/18 12:33:58 PM #40: |
Darkman124 posted...
Squall28 posted...Jumped the gun and bought too early so I don't have extra funds to buy more I never did traditional IRA. Just 401k and ROTH for me. With the way things are going now, I should have enough to buy one more time by year's end, and then another time for my Roth next year. I usually don't deposit into my Roth I finish all my taxes anyways. Don't want any complications --- If you're going through hell, keep going. -Winston Churchill ... Copied to Clipboard!
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CharlesBronson 12/27/18 2:12:58 PM #41: |
Squall28 posted...
Darkman124 posted...Squall28 posted...Jumped the gun and bought too early so I don't have extra funds to buy more do you mean roth 401k or traditional 401k? ... Copied to Clipboard!
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