Stock Market

[Cool.As.Ice]

29 minutes ago, Hope said:

@Tortuga - that's what happens when one is single, no dependents, no property, investments, etc., nothing beyond the standard deductions to claim, and on unemployment for nine months with no other income. When you can't afford to have 20% of the already greatly reduced benefit deducted for taxes and are praying for a job soon enough to avoid the crushing pay back. 😢 

 

I've been here before. It's awful.

It’s not fun at all; there are quite a few of our friends teetering on the edge. God’s Kingdom is almost here. Soon we won’t have to worry about all those increasingly worthless pieces of paper anymore.

[bobby]

i glad i dont pay tax any more but if start investing agen I will end paying taxes 

[computerwiz]

On 4/15/2025 at 8:41 AM, computerwiz said:

Also, just FYI, I don't think the market turmoil is over.  When we see another HUGE dip....I'll move my cash back into stocks again.  Watch for opportunities like this...

 

 

 

Here's the early warning sign (that its not over)!!  Not buying yet.....but soon!  😉

[Tortuga]

Well, it's Monday moaning again...

[computerwiz]

1 hour ago, Tortuga said:

Well, it's Monday moaning again...

 

I'm genuinely surprised we didn't have a bigger recovery bounce.  But I'm not complaining... I'm in cash right now for my 401k

 

Bring on the pain!! 

[Tortuga]

[trottigy]

On 4/21/2025 at 12:22 PM, computerwiz said:

 

I'm genuinely surprised we didn't have a bigger recovery bounce.  But I'm not complaining... I'm in cash right now for my 401k

 

Bring on the pain!! 

 

OK, but the big question is - will Trump say something to make it all tank again in the next few days?

 

 

[Tortuga]

Just now, trottigy said:

 

OK, but the big question is - will Trump say something to make it all tank again in the next few days?

 

 

It seems that the historical ways of forecasting the stock market are out the window. The stock market moves with Trumps lips..

[computerwiz]

2 minutes ago, trottigy said:

OK, but the big question is - will Trump say something to make it all tank again in the next few days?

 

[trottigy]

This is a wild 6 months of action:

 

 

[Tortuga]

33 minutes ago, trottigy said:

 

OK, but the big question is - will Trump say something to make it all tank again in the next few days?

 

 

My YTD is -3.5% as of this morning. It will be nice to see it go positive.

[computerwiz]

4 hours ago, trottigy said:

OK, but the big question is - will Trump say something to make it all tank again in the next few days?

 

Guess we'll find out shortly?  😂

 

[Witness1970]

23 hours ago, Tortuga said:

Roller coasters are enjoyable for younger people.  Elderly people should avoid them if possible.  That applies to a lot of things that move like roller coasters.

[Tortuga]

For us old dogs...

[computerwiz]

Got my first dividend from IYRI, BTCI, and SPYI.....they are not kidding about the APY!!  I got basically 12%, 25%, and 12% respectively.

 

I'll be parking more money in those 3!

[Tortuga]

It's Monday moaning again...

[computerwiz]

 

 

[Tortuga]

1 hour ago, computerwiz said:

 

 

 

$20 at a time... Thats it?

Edited April 28 by Tortuga

[computerwiz]

Just now, Tortuga said:

 

$20 at a time... That it?

 

Yep.  $20 x 3 stocks every 5 days (5 times a month) = $300 / month

 

Better to invest a little frequently than a lot infrequently.

 

A lot of people set monthly buys....and that's usually on the 1st.  And so there's a lot of upwards pressure (but it can come down later in the day, hard to tell on charts).  Problem is you might be buying it when it is up.  Depends on your service.  So I rather spread it out over the course of the month so I'm buying on "off" days when it is probably down...

 

[Tortuga]

1 minute ago, computerwiz said:

A lot of people set monthly buys....and that's usually on the 1st.  And so there's a lot of upwards pressure (but it can come down later in the day, hard to tell on charts).  Problem is you might be buying it when it is up.  Depends on your service.  So I rather spread it out over the course of the month so I'm buying on "off" days when it is probably down...

Yeah, cost averaging.

 

I don't purchase stocks anymore, the only activity I have is withdrawals, rebalancing, reinvesting dividends and an occasional ROTH conversion.

[Witness1970]

I have a self-directed 401K for retirement.  I normally keep it in an "income fund" which has about 23% of it in S&P 500.  I moved it to a "growth" fund that is very safe back in mid-March.  I have considered moving it back to the "income fund" but am not sure about the future of the tariffs.  If the tariffs were completely ruled out the stock market should recover quickly.  It just doesn't seem very safe right now with the uncertainty.

 

Of course, I don't get overly considered about the money.  If Armageddon comes soon (which I hope it does.) alll of the concern will have been for nothing.  I try not to waste anything now, but it really doesn't matter.  With Jehovah's help I am sure I will get by as long as I stay faithful.

[Tortuga]

15 minutes ago, Witness1970 said:

I have a self-directed 401K for retirement.  I normally keep it in an "income fund" which has about 23% of it in S&P 500.  I moved it to a "growth" fund that is very safe back in mid-March.  I have considered moving it back to the "income fund" but am not sure about the future of the tariffs.  If the tariffs were completely ruled out the stock market should recover quickly.  It just doesn't seem very safe right now with the uncertainty.

 

Of course, I don't get overly considered about the money.  If Armageddon comes soon (which I hope it does.) alll of the concern will have been for nothing.  I try not to waste anything now, but it really doesn't matter.  With Jehovah's help I am sure I will get by as long as I stay faithful.

My portfolio is theoretically built to weather the storm, so I did not make any changes to it this year. As of this morning my YTD is -0.2%, so with all of the changes in the stock market, it is back where it was at the beginning of the year. We'll see where it goes from here.

[Witness1970]

On 4/23/2025 at 11:02 AM, Tortuga said:

My YTD is -3.5% as of this morning. It will be nice to see it go positive.

Since I got out of the stock market early, mine is positive.  0.76% as of today.

My wife has a separate account. Hers is up 0.61%.  I made an error when making the transfers which caused the discrepancy.

[Tortuga]

9 minutes ago, Witness1970 said:

Since I got out of the stock market early, mine is positive.  0.76% as of today.

My wife has a separate account. Hers is up 0.61%.  I made an error when making the transfers which caused the discrepancy.

MIne is positive. I am 1.2% YTD as of this morning.

[Cool.As.Ice]

Question: So when does a fella cash out on his stocks and bonds? Does it depend on market trends, like crypto (which appears to be even more volatile)?

 

I can see that the stocks are like a financial science in of themselves.