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Jan 23rd, 2013
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Re: The Market is Taking a Dump [Re: DI] #14392659 06/13/22 05:56 PM
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Trickster Online Content
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sigh

Re: The Market is Taking a Dump [Re: DI] #14392849 06/13/22 08:36 PM
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Ghost4BH Online Content
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Down over 800 points again. You’re doing awesome, president DooDoo Pants…..just awesome roflmao

Re: The Market is Taking a Dump [Re: DI] #14392864 06/13/22 08:45 PM
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RATZ Online Happy
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FJB


If God is your co-pilot then change seats



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Re: The Market is Taking a Dump [Re: DI] #14392920 06/13/22 09:24 PM
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Flippy Offline
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Woooooosh again today. That is the sound of my retirement account draining faster than I can fund it. FJB

Re: The Market is Taking a Dump [Re: DI] #14392925 06/13/22 09:28 PM
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This is good news. The market has been needing a correction for 3-5 years now


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Re: The Market is Taking a Dump [Re: DI] #14392957 06/13/22 09:49 PM
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Emit R Detsaw Offline
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Times like theses make me glad I decided to get my annuity with lock step so when the market goes down, it doesn't. When the market goes up, the lock value goes up too.




Re: The Market is Taking a Dump [Re: DI] #14392959 06/13/22 09:52 PM
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Scoundrel Online Content
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DJIA - not easy to stay afloat when you include the 8+% inflation.
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Re: The Market is Taking a Dump [Re: DI] #14392973 06/13/22 10:06 PM
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Mudman63 Offline
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Originally Posted by DI
Are we seeing the beginning of the hard road ahead?

DOW
31,436.24
‎-836.55 (-2.59%)

S&P 500
3,903.85
‎-113.97 (-2.84%)

NASDAQ
11,350.63
‎-403.60 (-3.43%)

Gold
1,874.20
‎+21.40 (+1.16%)


Yes, yes it is.

Re: The Market is Taking a Dump [Re: Fishspanker] #14392974 06/13/22 10:06 PM
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Mudman63 Offline
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Originally Posted by Fishspanker
100% of my 401k is in stable fund. I figure the DOW goes to under 25,000 maybe as low as 22,000. Should make a bunch on the way back up in a few years. Bear market for a couple of years at least.

Please educate me, what is a stable fund?

Re: The Market is Taking a Dump [Re: DI] #14392977 06/13/22 10:10 PM
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Mudman63 Offline
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I’m dollar cost averaging into the market on big drop days, like today. Nobody knows where the bottom is, but I’m riding it down little by little.

My 401k buy occurs at the first of each month, I’m buying 2-3x a month, depending on market drops, looking for >4-5% drops before getting in. Cash is king.

Re: The Market is Taking a Dump [Re: Mudman63] #14392997 06/13/22 10:35 PM
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Originally Posted by Mudman63
Originally Posted by Fishspanker
100% of my 401k is in stable fund. I figure the DOW goes to under 25,000 maybe as low as 22,000. Should make a bunch on the way back up in a few years. Bear market for a couple of years at least.

Please educate me, what is a stable fund?

Not a big earner or loser. A place to wait it out.
[Linked Image]


Last edited by Fishspanker; 06/13/22 10:36 PM.

The Sheep who only fears the Wolf is eaten by the Shepherd.
Re: The Market is Taking a Dump [Re: DI] #14393008 06/13/22 10:37 PM
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Re: The Market is Taking a Dump [Re: Fishspanker] #14393024 06/13/22 10:43 PM
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Originally Posted by Fishspanker
100% of my 401k is in stable fund. I figure the DOW goes to under 25,000 maybe as low as 22,000. Should make a bunch on the way back up in a few years. Bear market for a couple of years at least.


-800 on the DOW is easy to tolerate if you are in the right position. It takes two big decisions. When to get out and when to get back in. Both need to be correct.


The Sheep who only fears the Wolf is eaten by the Shepherd.
Re: The Market is Taking a Dump [Re: RATZ] #14393092 06/13/22 11:52 PM
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Originally Posted by RATZ
FJB


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A vote is like a rifle; its usefulness depends upon the character of the user- Theodore Roosevelt

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2020 Caymas CX 20 PRO and 250 SHO
Re: The Market is Taking a Dump [Re: DI] #14393127 06/14/22 12:14 AM
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CarlDoNothin and S4Brains will be the only ones claiming to be thriving in the market place, those libs are just special like that.

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