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Old 02-09-2018, 12:50 PM   #461
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Down over 400 points as I type. Might run out of popcorn.
I am afraid to eat popcorn now. May come down my windpipe.
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Old 02-09-2018, 12:52 PM   #462
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Break a tooth on an old maid
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Old 02-09-2018, 12:53 PM   #463
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The machines are in charge.
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Old 02-09-2018, 01:06 PM   #464
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Whew!
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Old 02-09-2018, 01:07 PM   #465
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I am afraid to eat popcorn now. May come down my windpipe.
This is more riveting to watch, than any spectator sport! The Dow is only down 45 points at the moment.
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Old 02-09-2018, 01:08 PM   #466
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So as I watch the slide continue I wonder to myself what does the FED have left in it's quiver to help with any recovery of the market or the economy should it be needed?
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Old 02-09-2018, 01:10 PM   #467
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I feel for those that HAVE to pull money from accounts (forced selling). Most on here I have seen have 1-2 years of cash to ride this kind of event out.

My company does their contribution to my 401k 1 time per year, near the end of March, usually a pretty good sum. I have complained before about how they do this (once per year), but today, I am happy about it.

I am also looking to see when this turns and starts going the other way, and then I will double my semi-monthly contribution. Since I have probably 7-10 years before I need to draw (and 15 before RMD's), am still working and have about 1.5 years of expenses in cash, I'm watching with interest and not fear. Much different than I did in 2008, after learning so much more, and being part of this forum.
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Old 02-09-2018, 01:16 PM   #468
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QT underway inflation rising big chief jawboning stocks more debt slow growth. Ok lets talk about the negatives. North Korea still getting missles ready Iran simmering the sun is dimming bitcoin going to zero. Time to watch the Olympics
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Old 02-09-2018, 01:20 PM   #469
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Unbelievable! The Dow is UP 122 at the moment. (gobbling popcorn)
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Old 02-09-2018, 01:20 PM   #470
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Just saw headline: "Jeff Bezos, Warren Buffett, Bill Gates lose $10B in market plunges...."

That's a lot of Lambo's!
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Old 02-09-2018, 01:23 PM   #471
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For the Doom and Gloom guys, this is why you aren't scaring me....
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Old 02-09-2018, 01:24 PM   #472
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For the Doom and Gloom guys, this is why you aren't scaring me....
It's sort of like blowing the foam off the top.
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Old 02-09-2018, 01:26 PM   #473
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So, we've gone from the end of the world to everything is beautiful, and the afternoon isn't even over.
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Old 02-09-2018, 01:27 PM   #474
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So, we've gone from the end of the world to everything is beautiful, and the afternoon isn't even over.
What a day!
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Old 02-09-2018, 01:33 PM   #475
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It's sort of like blowing the foam off the top.
LOL! >>> Love that phrase. That mug of beer is what we paid for but when the foam settles is what we have left. LOL
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Old 02-09-2018, 01:35 PM   #476
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Just saw headline: "Jeff Bezos, Warren Buffett, Bill Gates lose $10B in market plunges...."

That's a lot of Lambo's!
That's a lot of Lamborghini's. Glad I didn't leave that many sitting in the car lot. LOL
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Old 02-09-2018, 01:39 PM   #477
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In the long run, stocks have been proven to outperform other assets. So, why not be 100% and call it quit?

Obviously, one needs to have some money set aside for rainy days. But instead of having a certain percentage in cash, how about having a certain dollar amount that is tied to one's needs. Or if one has plenty of assets, there's no need for any cash.

I am thinking of an argument for a higher stock AA, not lower.

PS. There are posters who are not in the accumulation phase yet are 100% in stock.
No, I prefer to maintain a certain risk profile. Which is why I have a target AA and rebalance. Sure long term 100% stocks outperform on average (if you donít run out of money - 80/20 has better survival characteristics for draw down), but for me as a retiree living off of investments, longer term Iím older, more feeble, and ultimately dead. I donít care about having the biggest pot when I die, I care more about year to year volatility. I prefer a moderate allocation with good survival characteristics.
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Old 02-09-2018, 01:40 PM   #478
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Hey, W2R does not even drink! How she knows about beer? I guess from watching Frank with his beer.
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Old 02-09-2018, 01:44 PM   #479
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Hey, W2R does not even drink! How she knows about beer? I guess from watching Frank with his beer.
He doesn't drink either! Which makes me very happy.

My ex, on the other hand, drank a lot of beer.
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Old 02-09-2018, 01:45 PM   #480
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No one thinks that someone can lose $10 billion & still be a billionaire is out of the ordinary. The concentration of wealth that people think nothing of says allot about peoples perceptions & tolerance of the financial world.
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