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Jan 23rd, 2013
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Market gone wild! #12575909
01/12/18 10:54 PM
01/12/18 10:54 PM
Joined: Mar 2010
Posts: 6,676
Temple, TX.
T
T Bird Offline OP
TFF Celebrity
T Bird  Offline OP
TFF Celebrity
T

Joined: Mar 2010
Posts: 6,676
Temple, TX.
Last 2 days gains in the stock market have been pretty spectacular.

Your 401K's, Mutual Funds and similar investments are very happy. cheer





Re: Market gone wild! [Re: T Bird] #12575913
01/12/18 11:00 PM
01/12/18 11:00 PM
Joined: Nov 2008
Posts: 21,199
Far West, Tx
D
deerfeeder Offline
TFF Guru
deerfeeder  Offline
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D

Joined: Nov 2008
Posts: 21,199
Far West, Tx
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


Non Sibi Sed Patriae -- "Not for self, but for country."

Re: Market gone wild! [Re: deerfeeder] #12575915
01/12/18 11:03 PM
01/12/18 11:03 PM
Joined: Dec 2011
Posts: 6,630
Texas
H
H.Town_paddler Offline
TFF Celebrity
H.Town_paddler  Offline
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H

Joined: Dec 2011
Posts: 6,630
Texas
Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.

It's going to go on for at least 2 more years IMO. The new tax bill has folks speculating on growth. The next year will be the actual growth of companies taking advantage of the tax bill. After that who knows.

Re: Market gone wild! [Re: T Bird] #12575925
01/12/18 11:25 PM
01/12/18 11:25 PM
Joined: Dec 2007
Posts: 3,549
Tarrant
B
bloo_rainger Online content
TFF Team Angler
bloo_rainger  Online Content
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B

Joined: Dec 2007
Posts: 3,549
Tarrant
We all known Tallgrass canít stand Trump but I also know Tallgrass is into investing money. Iíve lately been curious his feelings on the amount of money his investments have grown. Surely TG has to be as ecstatic has the rest of us common folk.

How much longer TG do you see the bulls running before we need to get out?

Last edited by bloo_rainger; 01/12/18 11:27 PM.
Re: Market gone wild! [Re: deerfeeder] #12575933
01/12/18 11:29 PM
01/12/18 11:29 PM
Joined: Oct 2004
Posts: 16,249
Bedford, TX
SheldonS Offline
TFF Guru
SheldonS  Offline
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Joined: Oct 2004
Posts: 16,249
Bedford, TX
Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


You can usually move it within your 401K to something similar to a savings account with no tax liability. However, the most important thing is to have a balanced portfolio for your age of retirement.


Re: Market gone wild! [Re: T Bird] #12575957
01/12/18 11:46 PM
01/12/18 11:46 PM
Joined: Feb 2004
Posts: 61,671
Ennis, TX.
Derek 🐝 Offline
Queen of Bees
Derek 🐝  Offline
Queen of Bees

Joined: Feb 2004
Posts: 61,671
Ennis, TX.
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.


Ebolacane Researcher
McRib Pro Staff
Team Beans
Re: Market gone wild! [Re: Derek 🐝] #12575963
01/12/18 11:53 PM
01/12/18 11:53 PM
Joined: Jan 2006
Posts: 28,911
Dallas
S
Scagnetti Offline
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Scagnetti  Offline
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S

Joined: Jan 2006
Posts: 28,911
Dallas
Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.

I hate you




Re: Market gone wild! [Re: T Bird] #12575990
01/13/18 12:18 AM
01/13/18 12:18 AM
Joined: Jan 2010
Posts: 11,437
Behind You!
E
Emit R Detsaw Offline
TFF Guru
Emit R Detsaw  Offline
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E

Joined: Jan 2010
Posts: 11,437
Behind You!
Over the next couple years, when companies start actually getting the profits from the tax breaks, stocks will continue to rise due to increased profits and the fact that they are buying back their outstanding shares, thus driving up the share prices. Then the prices will fall. Of course, if Recession or Inflation hits, all bets are off.

Re: Market gone wild! [Re: bloo_rainger] #12576010
01/13/18 12:33 AM
01/13/18 12:33 AM
Joined: Nov 2002
Posts: 9,621
North Tx, USA
F
fish4bass Offline
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fish4bass  Offline
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Joined: Nov 2002
Posts: 9,621
North Tx, USA
Originally Posted By: bloo_rainger
We all known Tallgrass canít stand Trump but I also know Tallgrass is into investing money. Iíve lately been curious his feelings on the amount of money his investments have grown. Surely TG has to be as ecstatic has the rest of us common folk.

How much longer TG do you see the bulls running before we need to get out?


It more than doubled under the last admin after the meltdown in '08. Just saying. Nothing new.

Re: Market gone wild! [Re: T Bird] #12576014
01/13/18 12:36 AM
01/13/18 12:36 AM
Joined: Dec 2012
Posts: 10,445
Cherokee County
L
lconn4 Offline
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lconn4  Offline
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L

Joined: Dec 2012
Posts: 10,445
Cherokee County
Hope TG didn't convince his group to short the market when Trump was elected. roflmao


A good rule of angling philosphy is not to interfere with another fisherman's ways of being happy, unless you want to be hated.

Zane Grey, Tales of Fishes, 1919

https://vimeo.com/73372194

Re: Market gone wild! [Re: lconn4] #12576019
01/13/18 12:39 AM
01/13/18 12:39 AM
Joined: Nov 2002
Posts: 9,621
North Tx, USA
F
fish4bass Offline
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fish4bass  Offline
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F

Joined: Nov 2002
Posts: 9,621
North Tx, USA
Originally Posted By: lconn4
Hope TG didn't convince his group to short the market when Trump was elected. roflmao


Is this beat up TG night? Some of you folks should be nice. We all have an opinion. He doesn't seem like a bad person.

Re: Market gone wild! [Re: Scagnetti] #12576028
01/13/18 12:45 AM
01/13/18 12:45 AM
Joined: Feb 2004
Posts: 61,671
Ennis, TX.
Derek 🐝 Offline
Queen of Bees
Derek 🐝  Offline
Queen of Bees

Joined: Feb 2004
Posts: 61,671
Ennis, TX.
Originally Posted By: Scagnetti
Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.

I hate you


Sorry bro. But it's a str8 business decision. Trying to save for my kids college. They want to go to the real KU. Kaplan University. Ain't going to be cheap.


Ebolacane Researcher
McRib Pro Staff
Team Beans
Re: Market gone wild! [Re: deerfeeder] #12576095
01/13/18 01:31 AM
01/13/18 01:31 AM
Joined: Dec 2015
Posts: 1,698
Arlington
F
Finesse Master/ Dropshot king Online content
Extreme Angler
Finesse Master/ Dropshot king  Online Content
Extreme Angler
F

Joined: Dec 2015
Posts: 1,698
Arlington
Originally Posted By: deerfeeder
One of these days what goes up, must come down. I'd move as much out as legally possible without generating a huge tax bill. Just sayin'.


this is true

Re: Market gone wild! [Re: Derek 🐝] #12576100
01/13/18 01:33 AM
01/13/18 01:33 AM
Joined: Mar 2005
Posts: 27,936
Arlington, Texas
butch sanders Offline
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butch sanders  Offline
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Joined: Mar 2005
Posts: 27,936
Arlington, Texas
Originally Posted By: Derek 🐝
I don't trust the stock market. I deal in tangibles. So I bought Scagnetti's food stamps and family jewels. I'm going to flip them on Craigslist for a nice profit.


you really should invest in
his horse racing pix

Re: Market gone wild! [Re: T Bird] #12576111
01/13/18 01:43 AM
01/13/18 01:43 AM
Joined: Sep 2008
Posts: 2,539
mckinney
F
fishslime Offline
Extreme Angler
fishslime  Offline
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Joined: Sep 2008
Posts: 2,539
mckinney
I've been in this situation before - the late 90's in particular. I paid for it in the early 2000's because I didn't get out of the market and have had to stay in the market for the past 18 years to get my money back. It's a long term thing. I still remember Alan Greenspan talking about "irrational exuberance" mainly with tech stocks at that time (I didn't believe him like a lot of others.), and of course that bubble burst. I think a different version is happening now because of the tax law which benefits big business and a general perception that the orange clapper will be good for business. Just watch corporate earnings. When corporations start to have earnings problems, look for a prolonged "correction". In between there will be some corrections but not prolonged. The other major issue to me is the start of some war which could be a real problem. Eventually, the national debt will be a major issue, but at the age of 72, I probably won't live long enough to witness the default of the country unless they get it under control. Right now our debt is at 102% of the GNP. That's uncharted territory for this country when there is not a major war to blame it on. Don't gamble on the stock market with money you need survive. That's my take.

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