Join Early Retirement Today
View Poll Results: It's July, 2017. When would the market correct?
Starting this month 10 14.49%
In 3 months 11 15.94%
In 6 months 17 24.64%
Not for another year. Wheeee! 31 44.93%
Voters: 69. You may not vote on this poll

Reply
 
Thread Tools Search this Thread Display Modes
Poll:It's July 2017. When would the market correct?
Old 07-06-2017, 01:27 PM   #1
Thinks s/he gets paid by the post
robnplunder's Avatar
 
Join Date: Nov 2013
Location: Bay Area
Posts: 2,720
Poll:It's July 2017. When would the market correct?

Looking at the stock chart for the last 5 years, it's clear to see that we had a nice bull run. The question in my (and some others) mind is when would the market correct?
__________________
I did it .... my way.
robnplunder is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 07-06-2017, 01:39 PM   #2
Thinks s/he gets paid by the post
Mdlerth's Avatar
 
Join Date: Oct 2016
Location: The Shire
Posts: 1,504
I couldn't vote because it doesn't show my prediction:

  • Starting this month
  • In 3 months
  • In 6 months
  • Not for another year. Whee!
  • As soon as I retire and need to live off the portfolio <-- This one
__________________
Paying it forward is the best investment.
Mdlerth is offline   Reply With Quote
Old 07-06-2017, 01:42 PM   #3
Thinks s/he gets paid by the post
 
Join Date: Jan 2013
Posts: 2,790
When I don't have the cash to buy more.
Another Reader is offline   Reply With Quote
Old 07-06-2017, 01:44 PM   #4
Full time employment: Posting here.
RetiredGypsy's Avatar
 
Join Date: Mar 2008
Posts: 979
Yes.

Now if only I can find a way to get paid for that prediction.
__________________
I'm free and I like it!
RetiredGypsy is offline   Reply With Quote
Old 07-06-2017, 01:50 PM   #5
Thinks s/he gets paid by the post
Fedup's Avatar
 
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
I think it goes sideways for a while. Not sure about market correction.
Fedup is offline   Reply With Quote
Old 07-06-2017, 02:09 PM   #6
Thinks s/he gets paid by the post
robnplunder's Avatar
 
Join Date: Nov 2013
Location: Bay Area
Posts: 2,720
Quote:
Originally Posted by Mdlerth View Post
I couldn't vote because it doesn't show my prediction:

[*]As soon as I retire and need to live off the portfolio <-- This one
Based on my experience, it is very plausible . Right after I retired about 1.5 years ago, the market went on a mini correction of almost 10%. And I thought, oh shoot, just my luck. But since then, things went pretty well.
__________________
I did it .... my way.
robnplunder is offline   Reply With Quote
Old 07-06-2017, 02:10 PM   #7
Moderator Emeritus
W2R's Avatar
 
Join Date: Jan 2007
Location: New Orleans
Posts: 45,263
Well now you KNOW which one I voted for!

"Not for another year. Wheeee!"
__________________
Happily retired since 2009, at age 61.
W2R is offline   Reply With Quote
Old 07-06-2017, 02:52 PM   #8
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
REWahoo's Avatar
 
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 48,177
No clue about what or when the market will do anything. I'm a reactor (rebalancer) not a predictor.
__________________
Numbers is hard

Retired in 2005 at age 58, no pension
REWahoo is offline   Reply With Quote
Old 07-06-2017, 03:19 PM   #9
Thinks s/he gets paid by the post
euro's Avatar
 
Join Date: Oct 2015
Posts: 1,646
Quote:
Originally Posted by W2R View Post
Well now you KNOW which one I voted for!

"Not for another year. Wheeee!"
me too! Damn the torpedoes.....
euro is online now   Reply With Quote
Old 07-06-2017, 03:39 PM   #10
Moderator
braumeister's Avatar
 
Join Date: Feb 2010
Location: Flyover country
Posts: 19,151
At the peak of exuberant irrationality.

No, I don't have a clue when that will be.
__________________
I thought growing old would take longer.
braumeister is online now   Reply With Quote
Old 07-06-2017, 03:42 PM   #11
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Car-Guy's Avatar
 
Join Date: Aug 2013
Location: Citizen of Texas
Posts: 6,322
Sooner or later. Wait a minute, it's already later....
Car-Guy is offline   Reply With Quote
Old 07-06-2017, 03:45 PM   #12
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
RobbieB's Avatar
 
Join Date: Mar 2016
Location: Central CA
Posts: 6,865
When the fat lady sings.
__________________
Retired at 59 in 2014. Should have done it sooner but I worried too much.
RobbieB is offline   Reply With Quote
Old 07-06-2017, 03:56 PM   #13
Thinks s/he gets paid by the post
robnplunder's Avatar
 
Join Date: Nov 2013
Location: Bay Area
Posts: 2,720
An optimistic lot, aren't wheeee? ;-)
__________________
I did it .... my way.
robnplunder is offline   Reply With Quote
Old 07-06-2017, 04:00 PM   #14
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
MRG's Avatar
 
Join Date: Apr 2013
Posts: 10,138
Quote:
Originally Posted by W2R View Post
Well now you KNOW which one I voted for!

"Not for another year. Wheeee!"
Based on that I changed my vote.

Thanks for identifying this post as a poll!
MRG is online now   Reply With Quote
Old 07-06-2017, 04:01 PM   #15
Recycles dryer sheets
 
Join Date: May 2011
Location: Austin
Posts: 354
This is the top. Feels like y2k to me. And again people are talking about trillion dollar company. Tech will break down and we shall see the first trillion dollar company next cycle.

Thanks for the nice ride up from 2009.
HillCountry is offline   Reply With Quote
Old 07-06-2017, 04:13 PM   #16
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
OldShooter's Avatar
 
Join Date: Mar 2017
Location: City
Posts: 7,074
The person who can predict the market is not here. He/she is also not selling this knowledge via a mutual fund or brokerage house. He/she is on a private tropical island somewhere being hand-fed peeled grapes and drinking from a glass garnished with an orchid.
OldShooter is offline   Reply With Quote
Old 07-06-2017, 04:31 PM   #17
Gone but not forgotten
imoldernu's Avatar
 
Join Date: Jul 2012
Location: Peru
Posts: 6,335
I'm always wrong, so won't make a prediction. (Good thing)

Having said that, it seems like everyone else sells at the peak, and buys at the bottom. It's really why I made a recent post, about actual gain over a period of time... To look back from today, to an arbitrary point in time, and calculate my actual gain versus the DJIA, (for comparison purposes)

I think the trm is "beating the market"...

Anyway, since I think there are hundreds of different strategies, I wonder if investors (not me)... develop a "plan"... for market fluctuations, or if it's a matter of following the "news", and making an educated guess.

My former neighbor, during the heydays of day trading, worked his 150K pension buyout into over three million... via a "plan"... less than a year.

Am guessing that some members here also have a "plan"... Wanna share?

imoldernu is offline   Reply With Quote
Old 07-06-2017, 04:36 PM   #18
Thinks s/he gets paid by the post
Fedup's Avatar
 
Join Date: Mar 2014
Location: Southern Cal
Posts: 4,032
No plan here, but I did sell my vti shares at 126.26 a few weeks ago and wrote cash covered puts for the exact same share. Strike price is 126. So I might get it back less premium. Ease the pain of buy and hold.
Fedup is offline   Reply With Quote
Old 07-06-2017, 05:05 PM   #19
Thinks s/he gets paid by the post
 
Join Date: Mar 2017
Location: New York City
Posts: 2,838
Quote:
Originally Posted by HillCountry View Post
This is the top. Feels like y2k to me. And again people are talking about trillion dollar company. Tech will break down and we shall see the first trillion dollar company next cycle.

Thanks for the nice ride up from 2009.
Y2K , I have a story as usual. That was the biggest non event of the century. I had a friend who managed to get into the Building maintenance section of my company. He went to every building to test their generators. Only to discover many of the older building didnt have any. Then to train some one on how to put it on when they power gets cut. In my building, it was an old diesel engine, I dont remember the details, but, one of the guys said this is an army thing "Hey Blue Collar Guy, can you go to the Army reserve center and see if you know anyone to give us a manual on this device. " Sure enough i got one for it. My friend made boo koo overtime prepping these generators and installing ones for the buildings that didnt have them.
OH when will the market correct? The day before I need to take out a huge sum.
__________________
Withdrawal Rate currently zero, Pension 137 % of our spending, Wasted 5 years of my prime working extra for a safe withdrawal rate. I can live like a King for a year, or a Prince for the rest of my life. I will stay on topic, I will stay on topic, I will stay on topic
Blue Collar Guy is offline   Reply With Quote
Old 07-06-2017, 05:12 PM   #20
Thinks s/he gets paid by the post
 
Join Date: Feb 2013
Location: Toronto
Posts: 3,003
Unknowable. When is the next 2001 or 2008 or 1929?
6miths is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Turning 55 in May and pondering about retiring at the end of July / 2017 gladiator280 Hi, I am... 23 04-07-2017 05:58 PM
Market timing requires two correct decisions Jerry1 Active Investing, Market Strategies & Alternative Assets 21 01-27-2017 08:08 PM
Poll:Dow , S and P , predictions for end of 2017 Lakewood90712 Active Investing, Market Strategies & Alternative Assets 17 12-23-2016 10:13 PM
Would a random market kill switch reduce market volitility? sengsational Active Investing, Market Strategies & Alternative Assets 16 01-24-2016 01:17 PM
T-Theory - Secular Bear Market - Market down into June/July? dex FIRE and Money 8 08-26-2010 06:48 PM

» Quick Links

 
All times are GMT -6. The time now is 10:30 AM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2021, vBulletin Solutions, Inc.