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stock market crash

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    Originally posted by scooterscot View Post
    Companies reporting losses in profit left right and centre yet their share price shoots up.

    There'll be no life jackets that can save you from this fall out.
    We've been hearing predictions of Doomsday since 2011... In the meantime the ones still investing in the US market are just making record profits!

    Obviously who predicts the doomsday is coming, every single day, one day will be right... sooner or later the market will crash (just to recover again) is inevitable. Until then we will keep making money out of it...
    "The boy who cried Sheep"

    Comment


      Originally posted by CryingSheep View Post
      We've been hearing predictions of Doomsday since 2011... In the meantime the ones still investing in the US market are just making record profits!

      Obviously who predicts the doomsday is coming, every single day, one day will be right... sooner or later the market will crash (just to recover again) is inevitable. Until then we will keep making money out of it...
      Lost a lot of money over the years becoming convinced that the market surely has to do X now or can't possibly do Y.

      Prediction is for fools, and I know cos I was one.
      Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

      Comment


        Originally posted by DealorNoDeal View Post
        Lost a lot of money over the years becoming convinced that the market surely has to do X now or can't possibly do Y.

        Prediction is for fools, and I know cos I was one.
        Wrong... predictions in short term periods are for fools (or for some 'specialists'), 'predictions' on the long term are for everyone, you just have to stick to your plan (and have a good plan to start with).

        Without knowing your specific situation, I risk to say if you loose money investing on the long term you probably made some bad decisions based on fear...

        The world economy always grows in the long term, always has and always will... Not sure you can even label this as a prediction.

        And I also know it cause I'm one...

        p.s.- forgot to add, yeah you are a fool if you think the market will do X and can't do Y... that's why you invest long term! In the long term a crash or a record high doesn't matter much! The only 'prediction' you need to do is that in (let's say) 10 years the world economy will be in a higher position than it was.
        Last edited by CryingSheep; 12 November 2019, 11:44.
        "The boy who cried Sheep"

        Comment


          Originally posted by CryingSheep View Post
          Without knowing your specific situation, I risk to say if you loose money investing on the long term you probably made some bad decisions based on fear...
          I lost money over the long term having a short term (gambling) mentality.

          The worst thing I ever did was becoming my own fund manager.
          Scoots still says that Apr 2020 didn't mark the start of a new stock bull market.

          Comment


            Originally posted by CryingSheep View Post
            We've been hearing predictions of Doomsday since 2011... In the meantime the ones still investing in the US market are just making record profits!

            Obviously who predicts the doomsday is coming, every single day, one day will be right... sooner or later the market will crash (just to recover again) is inevitable. Until then we will keep making money out of it...

            Actually not really. Almost two years next February since I started this thread and the SP 500 is only returned about 5% to the present day. If you bailed 6 months ago, you'd be 6% down. The only people making money out of the stock market are insiders with stock market buy backs.


            More fascinating in my book is the dump of the SP 500 (below) and other markets from November to December 2018. It was inversely proportional to the crypto market bull run during the same period.




            "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

            Comment


              Originally posted by scooterscot View Post
              Actually not really. Almost two years next February since I started this thread and the SP 500 is only returned about 5% to the present day. If you bailed 6 months ago, you'd be 6% down. The only people making money out of the stock market are insiders with stock market buy backs.


              More fascinating in my book is the dump of the SP 500 (below) and other markets from November to December 2018. It was inversely proportional to the crypto market bull run during the same period.




              Maybe you started the thread on a really high point! S&P500 is beating historical records almost every week lately.

              For about 6/7 years now I'm getting roughly 8% to 10% a year on my portfolio that is mainly in US stocks. If I look only to my US stock funds the figures go up to 15% a year easily.

              As for the crypto bull and the dump of the stock market, don't see why that doesn't make sense! It makes perfect sense to me... when investors believe something is coming and there might be a depreciation on stock market they will move funds to alternative investments, usually gold, but I guess crypto currencies might be a 'new' alternative to gold.

              What I think it's a bit mysterious is the continuous bull on the stock markets and on gold at the same time, that is very unusual and a potential reason for concern.

              But as I said, for us, common mortals a long term investment plan is the best way to go and all this is insignificant and in the long run will just be small bumps on the road...

              edit: was just checking exact values and the worse entry value for Feb18 was 2747 and the best 2619. As for the value of yesterday of roughly 3090 this would be a gain of 12% or 18% what for 20 months is still good in my opinion. And as I said in the long term you can't be comparing specific points in time (I mean, you can, but is not very wise), otherwise I could also tell you if you enter anytime between Nov14 and Nov16 you will be up today by almost 50%!!!
              Last edited by CryingSheep; 13 November 2019, 10:00.
              "The boy who cried Sheep"

              Comment


                Originally posted by CryingSheep View Post
                But as I said, for us, common mortals a long term investment plan is the best way to go and all this is insignificant and in the long run will just be small bumps on the road...
                Absolutely. Sure I read somewhere the last 15 years of gains in the SP 500 you'd only have needed to be in the market for 90 days. Knowing which 90 days is near impossible so a long term view of riding the lows and highs should be taken in ones stride.

                Nonetheless, I still think we're in for hell of a market correction.
                "Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark Twain

                Comment


                  Originally posted by scooterscot View Post
                  Absolutely. Sure I read somewhere the last 15 years of gains in the SP 500 you'd only have needed to be in the market for 90 days. Knowing which 90 days is near impossible so a long term view of riding the lows and highs should be taken in ones stride.

                  Nonetheless, I still think we're in for hell of a market correction.
                  I agree... if I would need the money in the next year or two I probably would take it all right now. If you wont need it for another 3 or more years, leave it there and maybe get some extra funds to invest when it goes south.
                  "The boy who cried Sheep"

                  Comment


                    Originally posted by CryingSheep View Post
                    We've been hearing predictions of Doomsday since 2011... In the meantime the ones still investing in the US market are just making record profits!

                    Obviously who predicts the doomsday is coming, every single day, one day will be right... sooner or later the market will crash (just to recover again) is inevitable. Until then we will keep making money out of it...
                    Here’s the price to be paid for listening to ‘Armageddonist’ predictions - MarketWatch

                    Doom™ can cost you dearly. He who dares Rodders

                    Comment


                      Originally posted by CryingSheep View Post
                      The world economy always grows in the long term, always has and always will...
                      Well, barring a sufficiently large natural (or manmade) disaster. But then the stock market will be the least of your troubles.
                      Down with racism. Long live miscegenation!

                      Comment

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