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Europocalypse canceled, we live by the will of Jpow now

Discussion in 'Stocks & Investments' started by kairo, Oct 6, 2020.

?

S&P targets for end of October

  1. $3600 bottom by end of Oct

    32.4%
  2. $3800 bottom and over $4000 by end of Oct

    29.7%
  3. $3000 or under by end of Oct

    37.8%
  1. Sep 22, 2022 at 11:56 AM
    GarlicFarts

    GarlicFarts Bang Ding Ow

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    Absolutely. The average recovery for a stock market crash is about 4 years. We're at....2?

    As much as I like the get up and go that's just so much power for such a little truck. I'd get one but the cost benefit isn't there for the sales.

    Be as loyal to your company as they are to you.

    Yes. Timing the market is luck.
     
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  2. Sep 22, 2022 at 12:21 PM
    Toyko Joe

    Toyko Joe Here for the pictures

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    Ahh yes but since 2008 when I first enrolled into my 401k I still have less total value than the face value of the money I’ve invested. It blows my mind how many fees are involved in these selected funds groups. If I had taken all the money I’ve invested in 401ks since 2008 and just had it in a checking account it would be about $20k higher than the funds in my 401k account as I last checked last week. Even at stock market peak two years ago I had only gained 6% on my investments. With high fed rates of inflation I have to put my 10k into II bonds shortly. When I was gambling the stock market in 2014-2016 I was returning 15% regularly. It’s all very aggravating.
     
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  3. Sep 22, 2022 at 12:27 PM
    Sharpish

    Sharpish Well-Known Member

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    Because a TT v6 in a Tacoma or TT v8 in a Tundra would be TOO much power.
     
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  4. Sep 22, 2022 at 12:58 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Ahh, but the tax savings :D
     
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  5. Sep 22, 2022 at 1:08 PM
    Toyko Joe

    Toyko Joe Here for the pictures

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    $0.00 all contributions are ROTH. :frusty:

    Argument can be made that there will be some on the tail end but who knows if I will even make it there. :bananadead: I keep using those retirement calculators every quarter and I keep getting further from retirement.:censored:
     
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  6. Sep 22, 2022 at 1:12 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    Lol, well then. Buy a stupid stock and hope you get lucky :notsure:
     
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  7. Sep 22, 2022 at 1:16 PM
    koditten

    koditten Well-Known Member

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    Reserected from the dead.
    I'm sorry to hear about your troubles, but I'm sure they made you stronger and made you aware the no one but yourself is going to take care of you .
     
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  8. Sep 22, 2022 at 1:33 PM
    Toyko Joe

    Toyko Joe Here for the pictures

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    Yeah exactly. I might just start a consulting firm and then sell it in 15 years, that seems to be a good avenue to revenue, and personal use of time.



     
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  9. Sep 22, 2022 at 2:05 PM
    99TacoDriver

    99TacoDriver Well-Known Member

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    Thats blasphemy
     
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  10. Sep 22, 2022 at 3:27 PM
    98tacoma27

    98tacoma27 is going full "SANDWICH" Moderator

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    Some stuff. Not a lot, just some.
    :rofl::rofl::rofl::rofl::rofl:
     
  11. Sep 22, 2022 at 3:58 PM
    koditten

    koditten Well-Known Member

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    I'm not buying this.

    A checking account returns shit, a savings account returns slightly less than shit.

    I can't figure how you think you would have 20k more by essentially putting your money under a mattress.
     
  12. Sep 22, 2022 at 4:55 PM
    theesotericone

    theesotericone Well-Known Member

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    Wanna laugh even more. For a very brief point today GTii was worth TWICE as much as BBIG. I've still got a bunch of warrants so there's that. lol
     
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  13. Sep 22, 2022 at 6:04 PM
    JDR07

    JDR07 Well-Known Member

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    i agree…I was once a believer in this but I think the best of both worlds is “time WITH the market”…a man could have a 30 years in the market but what if on that 30th year a 40% crash happens? Your 20 year old day trading self would call your self stupid for staying in. And I say Time WITH the market cuz most people don’t really spend much time researching financials, reading up on catalysts (even projected ones like interest rate hikes), just learning and knowing how different derivatives and markets work. Whether you’re day trading or in for the long haul the more time you spend with the market —-you’ll be more successful. But don’t take me too serious you’re talking to guy that took a 40k paycut to work less and focus more on day trading——-yes I regret it lol
     
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  14. Sep 22, 2022 at 6:10 PM
    Toyko Joe

    Toyko Joe Here for the pictures

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    I don’t have my spreadsheet anymore but I could rebuild it. A key difference is that my employers never had a 401k match. So no free money.
     
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  15. Sep 22, 2022 at 6:54 PM
    Boyk1182

    Boyk1182 Well-Known Member

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    If you calculate 30 years in SPY, with average returns which happens after it’s smoothed out over that time period, your money doubles about every 10 years. So if you start with $100,000 and don’t add any more, you’re looking at $800,000 after 30 years. I don’t doubt traders could beat that, but I’d bet the majority of them don’t. That’s the time “in” the market thing, doubling over and over is what creates real wealth.
     
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  16. Sep 22, 2022 at 7:23 PM
    Iwilltaco

    Iwilltaco Well-Known Member

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    If only someone gave me 100k to invest when I was 8. Thanks for nothing mom and dad
     
  17. Sep 22, 2022 at 7:43 PM
    Boyk1182

    Boyk1182 Well-Known Member

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    You would have tried to time the market and mamma would have whooped you for it.
     
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  18. Sep 22, 2022 at 8:01 PM
    JDR07

    JDR07 Well-Known Member

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    Not saying that doesn’t create wealth..but from my personal experience my wealth grew faster when I actually dug into the markets started paying attention to different catalysts and different markets (real estate for me), hated economics as a kid but sure as hell love it now. Doing more research on stocks and knowing there are greater opportunities than the spy can easily front load that time IN the market — you can easily take on a set it and forget it strategy but for people like me I just don’t understand why people wanna work 40 hour weeks for 40 years to get 40% of their pay-check. I really think “time in the market over timing the market” is just some slogan MM’s bank on so they have more money to “time the market with”
     
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  19. Sep 22, 2022 at 8:14 PM
    Boyk1182

    Boyk1182 Well-Known Member

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    You might be right and I take the opposite approach, if I don’t beat SPY I don’t care. I only invest for dividends and if I get 5% per year I consider that a win. I guess everyone has different goals.
     
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  20. Sep 22, 2022 at 8:19 PM
    theesotericone

    theesotericone Well-Known Member

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    and tolerance to risk.
     
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