And how to activate the Plunge Protection Team.This is all because Janet Y. forgot to show the new guy the rigging machine.
So, I haven't read through every of the 300+ posts here and this may/may not have come up but here's my question:
The market drop seems to have been a reaction to rising bond rates. Doesn't that mean that those of us with bonds/bond funds will slowly, slowly start to see an increase in our interest payouts? I realize it could take a while (years?) to see an increase; or does this look like a blip on that front?
One has to define "handle". What does it mean?
Yes, I survived the 2000-2001 and 2008-2009 tough times, but did not have enough to lose a Rimac. If I do now, even if it's the same percentage as before, oh man, it's a lot of money.
I would not jump out of the window, or eat cat food. But it would hurt like the dickens.
It stopped being house money when I retired to live off my investments.Pretty easy to laugh off when you're playing with house money.
Most big mistakes aren't made until real pain sets in.
Kudos to all who rebalanced and super kud's to those who "won the game" and adopted a more conservative AA
I just heard on CNBC that someone lost their life savings on one of those 8X VIX inverse whatevers. I guessing they're about 25 years old with $3500.00 invested.
So, I haven't read through every of the 300+ posts here and this may/may not have come up but here's my question:
The market drop seems to have been a reaction to rising bond rates. Doesn't that mean that those of us with bonds/bond funds will slowly, slowly start to see an increase in our interest payouts? I realize it could take a while (years?) to see an increase; or does this look like a blip on that front?
My HY fund had been paying about 8% back in the day and is now at 5.5%...it would be a welcome change for me!
We have all been really complacent. The market rout so far is technically not even a correction yet. The S&P is down only about 7.5% since the top in Jan 26, and needs to go another 2.5%.
Compare that to the extreme violent moves in 2008, there were days when the S&P dropped close to 10% in a single day. But it also bounced up the same 10% in a single day.
Ah, that was a truly exciting and scary time.
So, I haven't read through every of the 300+ posts here and this may/may not have come up but here's my question:
The market drop seems to have been a reaction to rising bond rates. Doesn't that mean that those of us with bonds/bond funds will slowly, slowly start to see an increase in our interest payouts? I realize it could take a while (years?) to see an increase; or does this look like a blip on that front?
My HY fund had been paying about 8% back in the day and is now at 5.5%...it would be a welcome change for me!
We are now officially in a "Correction" in S&P 500. <10.1%>
and also in DJIA <10.3%>
Only NASD remains above the correction territory at <8.96%>
Is that an April Fools joke? If not, why so far out?Who is going to start the "Dow 20k by April 1" thread?
Remember folks, points don't mean sheet, it's all about percentages.
Remember folks, points don't mean sheet, it's all about percentages.