Friendly Reminder

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fredsheldon
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Friendly Reminder

Post by fredsheldon »

Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock market :D I guess most investors are not worried about the gridlock in Washington this week, go figure:confused:
Fred Sheldon
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.
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dusty
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Post by dusty »

fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock market :D I guess most investors are not worried about the gridlock in Washington this week, go figure:confused:

Keep Watching. The trick is to know when to get out.
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
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letterk
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Post by letterk »

fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock market :D I guess most investors are not worried about the gridlock in Washington this week, go figure:confused:
Rain or Shine I'm always in. Just wish I had more in at this time and especially more discretionary funds availble. Just the 401k, 403b and rollover IRAs at this time. Up or down it doesn't really matter until you get ready to take it out and I'm a long way from that.

Actually, at these prices you're getting less for you money. It 2008 while the market was going down I got into fundamental analysis and searching for stocks. Good or bad in my analysis, once the market turned all picks did well.

As the quote goes, "Good or bad, all boats wlll rise with the tide."
frank81
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Post by frank81 »

fredsheldon wrote:Just a friendly reminder that I suggested after the election that things will look up and that the stock market would respond by breaking the all time record this year. I hope you followed my advice to get into the stock market :D I guess most investors are not worried about the gridlock in Washington this week, go figure:confused:
We could debate the importance and causation of this all day. As a finance guy, I hope most of the members on here are only making small side bets on stocks. If you're over 50, most of your money should be in bonds and treasuries and most of that held to maturity. A little bit in index funds, and unless you have a $10m portfolio treat individual stocks like Vegas - don't bet more than you're willing to lose.

That is all. Be responsible folks.
frank81
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Post by frank81 »

letterk wrote:Actually, at these prices you're getting less for you money.
Never heard another person make that point. Until the day you start withdrawing, a down market is a good thing.
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dusty
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Post by dusty »

letterk wrote:Rain or Shine I'm always in. Just wish I had more in at this time and especially more discretionary funds availble. Just the 401k, 403b and rollover IRAs at this time. Up or down it doesn't really matter until you get ready to take it out and I'm a long way from that.

Actually, at these prices you're getting less for you money. It 2008 while the market was going down I got into fundamental analysis and searching for stocks. Good or bad in my analysis, once the market turned all picks did well.

As the quote goes, "Good or bad, all boats wlll rise with the tide."
Unless they spring a leak and sink.
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
reddog5362
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Post by reddog5362 »

dusty wrote:Keep Watching. The trick is to know when to get out.

+1

Dusty's right on that one.
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heathicus
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Post by heathicus »

http://www.zerohedge.com/news/2013-03-0 ... os.twitter

"Mission Accomplished" - With CNBC now lost for countdown-able targets (though 20,000 is so close), we leave it to none other than Jim Cramer, quoting Stanley Druckenmiller, to sum up where we stand (oh and the following list of remarkable then-and-now macro, micro, and market variables), namely that "we all know it's going to end badly, but in the meantime we can make some money" - ZH translation: "just make sure to sell ahead of everyone else."
  • Dow Jones Industrial Average: Then 14164.5; Now 14164.5
  • Regular Gas Price: Then $2.75; Now $3.73
  • GDP Growth: Then +2.5%; Now +1.6%
  • Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
  • Americans On Food Stamps: Then 26.9 million; Now 47.69 million
  • Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
  • US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
  • US Deficit (LTM): Then $97 billion; Now $975.6 billion
  • Total US Debt Oustanding: Then $9.008 trillion; Now $16.43 trillion
  • US Household Debt: Then $13.5 trillion; Now 12.87 trillion
  • Labor Force Particpation Rate: Then 65.8%; Now 63.6%
  • Consumer Confidence: Then 99.5; Now 69.6
  • S&P Rating of the US: Then AAA; Now AA+
  • VIX: Then 17.5%; Now 14%
  • 10 Year Treasury Yield: Then 4.64%; Now 1.89%
  • EURUSD: Then 1.4145; Now 1.3050
  • Gold: Then $748; Now $1583
  • NYSE Average LTM Volume (per day): Then 1.3 billion shares; Now 545 million shares
Heath
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fredsheldon
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Post by fredsheldon »

So, if you own gold or are looking for affordable health coverage, things are looking up, otherwise, we have a long ways to go :D
Fred Sheldon
The Woodlands, Tx
'52 10ER # 60869 (restored in 2012, used as a dedicated drill press), '52 10ER # 88712 (restored 01/2013), 52 10ER # 71368 (in process of restoring), '83 500 Shorty with OPR installed, '83 520 PowerPro with Lift Assist, 6" Joiner, 6" Belt Sander, 18" Jig Saw, 11" Band Saw, 12" ProPlaner, SS Crosscut Table. SS Dust Collector, Hitachi 1/2" router, Work Sharp 3000 with all attachement, Nova G3 Chuck, Universal Tool Rest, Appalachia Tool Works Sled.
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dusty
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Post by dusty »

fredsheldon wrote:So, if you own gold or are looking for affordable health coverage, things are looking up, otherwise, we have a long ways to go :D
Really. My kids might all disagree with you. Even those who have coverage.
"Making Sawdust Safely"
Dusty
Sent from my Dell XPS using Firefox.
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