Useful Links

ExFlyBoy5 · 06-10-2015, 10:28 AM

Quote:

Originally Posted by FiveDriver

If you visit the MarketWatch site often enough, you will see those kinds of headlines are a regular occurrence on there. It's click-bait - nothing more.

^ This.

I rarely see real journalism anymore. It's nothing more than "catchy" headlines that lure people in to waste their time and get their eyes on some advertisements (or 12 of them). Even our local paper has gone to posting stories about...nothing. There are more "stories" about H.S. sports than anything of real substance. What's even more annoying is when something DOES happen that can effect local people, they report it 5 days after the fact, if at all.

Here's a fine example of the "trending" items on Facebook. Granted, this isn't from a news source per se, but any of those links WILL send you to a "news site" so it's a defacto news feed.

Oh wait...there is real news there...someone is mad they showed a DEAD DINOSAUR on Jurassic Park!?! Why couldn't they find one that was ALIVE?!?

HFWR · 06-10-2015, 11:19 AM

Quote:

Originally Posted by FlyBoy5

Oh wait...there is real news there...someone is mad they showed a DEAD DINOSAUR on Jurassic Park!?! Why couldn't they find one that was ALIVE?!?

As soon as they find a planet with intelligent life...

M Paquette · 06-10-2015, 11:33 AM

Meh. Someone's selling their book, I see.

I'm sure the vast majority of stock investors have no idea whatsoever that the Federal Reserve has even the merest inkling of a concept to perhaps raise interest rates, and when the overnight rate suddenly bumps up slightly the wave of shock and panic will devastate the market, because as we all know the market is no good at this whole 'pricing' thing.

Attachment 21853

**ziggy29** · 06-10-2015, 12:43 PM

Down 22% from its peak isn't exactly a doomsday scenario. It's happened many times. It's a pretty significant bear market, but in both 2000-02 and 2008-09 the market went down much more than this on a percentage basis. Hardly uncharted waters there.

frayne · 06-10-2015, 01:50 PM

unno2002 · 06-10-2015, 10:23 PM

Ah… Black Monday, October 19, 1987. I was on a cross country flight, and the pilot announced the market crash.. I cheered… My investment discussion group had decided Friday morning to sell everything…

Ed_The_Gypsy · 06-11-2015, 07:45 AM

I am sure there will be a 22% fall. And a 50%fall. Someday.

As long as my dividends keep coming, it is OK.

Sent from my SM-G900V using Early Retirement Forum mobile app

ls99 · 06-11-2015, 11:10 AM

Quote:

Originally Posted by UnrealizedPotential

We all like to think we know more in life than we actually do. This applies to the stock market as much as anything else.

I am with Sgt Schultz:

https://www.youtube.com/watch?v=UmzsWxPLIOo

norske69 · 06-11-2015, 11:34 AM

GREAT!! I have been waiting for a good buying opportunity!!

HFWR · 06-11-2015, 11:48 AM

Quote:

Originally Posted by norske69

GREAT!! I have been waiting for a good buying opportunity!!

Wait for the "Wheeeee!!!".

Badger · 06-11-2015, 11:57 AM

If I understand correctly that would be a good time to convert more traditional IRAs to Roth IRAs without going into a higher tax bracket. I have already been converting for the last few years but it is something I need to do more of soon before I reach 70.5.

Cheers!

ETFs_Rule · 06-14-2015, 06:55 PM

MarketWatch is WORLD FAMOUS for constantly and repeatedly posting predictions of a stock market crash. Ask yourself if everyone knows that Janet Yellen is probably going to raise rates soon then why did stocks recently hit a new record high?

Oct 10, 2014: "Investor who predicted the subprime crisis says stocks will fall 10%-plus"

Dec 2, 2014 "Stock-Market Correction Eminent"

Jan 15, 2015: "Wall St. braces for shock waves from Swiss move"

Feb 23, 2015: "10 reasons U.S. stocks may see a 10%-20% correction by July"

March 25, 2015: "Stocks are overvalued and headed for trouble: analyst"

March 31, 2015: "Best time to sell stocks and go away starts tomorrow"

"Avoid weekend thinking and ignore the latest dire predictions of newscasters." -- Peter Lynch

mtheulen · 06-14-2015, 07:09 PM

Please bring it on.I have cash!

Ed_The_Gypsy · 06-14-2015, 11:00 PM

The correction has started early for me. I am down 16% since peak in Nov due to my bet on oil & gas. Even pipelines are down, for no good reason AFAIK. Dividends are holding--for now. I may have to go back to w*rk.

Sent from my SM-G900V using Early Retirement Forum mobile app

Ed_The_Gypsy · 06-16-2015, 09:45 AM

We are OK, but my Play Money is gone.

Sent from my SM-G900V using Early Retirement Forum mobile app

redduck · 06-16-2015, 04:57 PM

Quote:

Originally Posted by FiveDriver

... Have your Exit Strategy planned if it gets really nasty...

I would like to follow your suggestion. But, I'm not sure what your idea of "really nasty" is. I'd also like hear more about your "Exit Strategy".

unclemick · 06-16-2015, 05:14 PM

Quote:

Originally Posted by W2R

4000 points? Is that all? Piece o' cake. (yawn!)

2008-2009 was a great training exercise for us and after dealing with that crash and coming out of it nicely (as many of us did), such a drop would seem like child's play.

1987 mentioned in article. After that little drop I violated my stay the course rule 60/40 and went 100% stock in my 401k for several years which really boosted my progress toward ER.

heh heh heh -

FiveDriver · 06-17-2015, 08:15 AM

"Keep your powder dry. Have your Exit Strategy planned if it gets really nasty. But relying on MarketWatch for anything more than their daily charts is not a good thing."

I'm not going to have to explain Exit Strategy at this stage of the Bull Market, am I ??
It's up to the individual investor to set their threshold as it concerns "nasty" vs "really nasty". I had a mental Stop-Loss percentage on my 401K in 2000 that saved my bacon.