Lsbcal
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
There was a crash in late 1987 but the market was up for the year.
Yeah I am thinking single digits drop off. Housing is a positive in the economy. So that will keep things from falling too much. But commodity prices are dropping so that is showing not much demand. The economy just seems to be limping along. So after all the years of growth (pumping by the fed?), I think we are due for a downturn.
I'll play! Or perhaps "guess" is a better word for it.
It's been a long time since we've had a good, solid crash with any significant impact, so why not now? I'll say 1650.
Looking at the first morning of trading of the new year... I sense a whee coming in the near future....
Wow!! That's amazing!!! I'm not upset (yet), but will reserve that for later.Yeah, dow down today over 400 pts as of this moment. But who's watching?
Well, I bought a house in cash last summer which involved a lot of selling in May, on my part. In retrospect, I am thinking that maybe that was sort of a wheee, in spirit anyway.
Wow!! That's amazing!!! I'm not upset (yet), but will reserve that for later.
As of Saturday, I didn't need to do any rebalancing because my annual spending money withdrawal accidently rebalanced everything (how cool is that? SO cool IMO).
But if this keeps up, who knows?
I already initiated my rebalancing request on 1/1. No undos allowed .
Up a lot.
I love all the pessimism here about the future.
Well in my defense, the numbers have changed since I made that statement. Perhaps I encouraged all the optimists to step up and vote?Huh? As of now, only 22% said a negative return and only 5% said sharply lower. And 58% believe the market will exceed inflationary gains. Not sure how that qualifies as a lot of pessimism.
S&P 500 closed out 2016 at 2238.83.
Were you close?