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Star War Sex Parrot posted:Don't check your 401k balances tomorrow. Worth it.  Maybe it will be back up within a week like Brexit.
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Nov 9, 2016 08:35
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I was tempted to move everything to a cash position before the election, but then realized that's a lot of work and I'm not retiring for 20 more years. Just think guys, all our contributions are buying even more for the next few weeks before the world realizes how unimportant and ineffectual modern American Presidents really are. poo poo...I just realized the 'Trump Doctrine' is probably going to be a real thing that my grandkids get thought in school at some point.
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Nov 9, 2016 14:14
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Krispy Kareem posted:I was tempted to move everything to a cash position before the election, but then realized that's a lot of work and I'm not retiring for 20 more years. If only I waited to max my ROTH 
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Nov 9, 2016 14:16
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Don't worry, your 401k will be meaningless after the bombs fall. Nuclear vaporization is very GWM
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Nov 9, 2016 14:18
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Moneyball posted:Maybe it will be back up within a week like Brexit. That would be too soon for my December contributions to buy the dip.
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Nov 9, 2016 14:28
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ate all the Oreos posted:Don't worry, your 401k will be meaningless after the bombs fall. Nuclear vaporization is very GWM This is like playing Civilization and the Babylonians just announced they got nuclear weapons. Are politics good with money? Are the Trumps exchanging real estate and endorsements to become the next Kennedys?
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Nov 9, 2016 14:49
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US indices up a fraction after futures brushed -5% last night, lol. Case in point: don't make rash moves with your portfolio almost no matter what.
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Nov 9, 2016 15:58
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I liquidated my 401k last night. poo poo.
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Nov 9, 2016 18:31
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Lol if you were conscious last night and not self medicating with whiskey and crying into a pillow.
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Nov 9, 2016 18:40
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Wow. Markets are up. I mean, of course they are up. A caricature of capitalism just got elected President. But I figured we'd have a week or two of BREXIT level despair. Welcome to the New America. Very similar to the Old America.
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Nov 9, 2016 18:52
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Henrik Zetterberg posted:I liquidated my 401k last night. poo poo. drat, man. Hopefully you're still relatively young and can bounce back.
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Nov 9, 2016 19:11
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If it makes you feel better, maybe in 2 years a republican senate, house, presidency, and supreme court will replicate the kansas experiment nation-wide and this could be the mother of all bull traps that you deftly avoided 
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Nov 9, 2016 19:28
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Gorman Thomas posted:Lol if you were conscious last night and not self medicating with whiskey and crying into a pillow. Celebrating with bourbon and cuddling the pillow. There should be some good r/personalfinance BWM stories after people panic sell at the market dip.
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Nov 9, 2016 19:42
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I definitely sold some US-focused index funds this morning. Oh well, I'm still expecting a dip sometime before January. At least it was just my brokerage account! I'm not dumb enough to touch my retirement accounts.
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Nov 9, 2016 19:58
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My hot tip for not emotionally loving with my accounts: i forgot the password a while ago and it's too much of a pain in the rear end to reset it 
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Nov 9, 2016 20:00
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ate all the Oreos posted:My hot tip for not emotionally loving with my accounts: i forgot the password a while ago and it's too much of a pain in the rear end to reset it this is a very good tip! also does anyone who's better with money (also abbreviated BWM, Confusing!) than I am have a crystal ball about what home mortgage rates are likely to be for the next 5 years to refi my 5/1? Thanks in advance.
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Nov 9, 2016 20:35
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Krispy Kareem posted:Wow. Markets are up. They're only up 1% this morning because they dropped 5% last night. Markets dropped in aggregate.
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Nov 9, 2016 22:00
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Only futures dropped, the market itself wasn't affected because it was closed.
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Nov 9, 2016 22:09
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DMCrimson posted:They're only up 1% this morning because they dropped 5% last night. Markets dropped in aggregate. You probably should not day trade or anything like that
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Nov 10, 2016 00:10
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Come on guys, maybe he was trading in Hong Kong. Markets make no sense. They went up when we thought Hillary would win. They went up even more when they realized Republicans would keep Congress. Futures drop like a brick when Trump is elected, but then the market goes up even more when the bell rings. So we've had 3 days of UPUPUP and nothing has really changed. It's like the market didn't care who won, just so long as the world didn't end on Election night.
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Nov 10, 2016 00:17
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Krispy Kareem posted:Come on guys, maybe he was trading in Hong Kong. Either that or the market is waiting until inauguration day, or the little hamster that pulls the levers that decide which direction the market goes today wasn't paying attention to the news
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Nov 10, 2016 00:19
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ate all the Oreos posted:Either that or the market is waiting until inauguration day, or the little hamster that pulls the levers that decide which direction the market goes today wasn't paying attention to the news "Mumpsie the Investment Hamster" would be a great idea for an actively managed fund. Just have two food dispensers set up for each major holding and buy/sell whichever Mumpsie ran to that morning.
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Nov 10, 2016 00:33
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I'm bad with money because I last minute bet a sizable amount I definitely shouldn't have on Hillary. I'll be fine but it definitely stings a bit.
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Nov 10, 2016 01:00
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George H.W. oval office posted:I'm bad with money because I last minute bet a sizable amount I definitely shouldn't have on Hillary. I'll be fine but it definitely stings a bit. Ouch. I had entertained the idea myself, it seemed like a sure thing.
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Nov 10, 2016 01:02
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Solice Kirsk posted:"Mumpsie the Investment Hamster" would be a great idea for an actively managed fund. Just have two food dispensers set up for each major holding and buy/sell whichever Mumpsie ran to that morning. Wasn't there a guy that did almost exactly this as an experiment? Except probably with rats.
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Nov 10, 2016 01:18
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brainwrinkle posted:I definitely sold some US-focused index funds this morning. Oh well, I'm still expecting a dip sometime before January. At least it was just my brokerage account! I'm not dumb enough to touch my retirement accounts. Yeah...we have a rule here at our house. Unless we are 65+, nothing ever is coming out or is to be liquidated in the retirement accounts. Money goes in, and that's about it. No matter HOW bad it gets...we only touch the accounts to put money in. No liquidating, no removal, nothing. They are the Vanguard targeted retirement funds...if we leave it alone it should be fine as long as we follow this rule. We have emergency funds for taking out cash if needed...the retirement funds are NOT for now. That being said, my husband's coworker liquidated ALL of his retirement accts last night in a frenzied panic after hearing the markets dropped due to Trump.  He isn't very happy about that in the light of day...and neither is his wife who just found out what he did this afternoon. She called me in a rage to have me talk her off the ledge (and keep her from committing a felony on his person). She is slightly less ticked off after our talk, but if I were in his shoes I would stay away from sharp pointy objects and high cliffs for a while. Not to mention he may want to sleep with one eye open.My husband, when I called him to tell him about his idiot coworker, made sure I knew he had been a good man and would never EVER touch the accts without talking to me first. I am so glad the threats have somewhat worked :p Disco Salmon fucked around with this message at 01:24 on Nov 10, 2016 |
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Nov 10, 2016 01:21
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Disco Salmon posted:That being said, my husband's coworker liquidated ALL of his retirement accts last night in a frenzied panic after hearing the markets dropped due to Trump. If his retirement accounts are all mutual funds, like most accounts, the trades only process once per day. So even if he did it last night, it probably didn't trade until the close today. His wife can probably put stuff back in now, miss whatever tomorrow's performance ends up being, and be fine. I'll go ahead and predict that tomorrow Trump appoints Sarah Palin as defense secretary and his favorite sock as secretary of state, so they could end up ahead of the game.
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Nov 10, 2016 01:33
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Twerk from Home posted:Ouch. I had entertained the idea myself, it seemed like a sure thing. I had dollar signs in my eyes and holy poo poo can it get away from you very quickly on a "sure thing"
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Nov 10, 2016 01:34
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This can't be real... Can it? I [23M] was in a findom arrangement with [20s F]. I ended the arrangement months ago, and now she is back trying to blackmail me for money quote:I will start this by explaining what findom is. Findom means "financial domination" where I was the male submissive who had to pay to be dominated by the "Goddess" as she called herself.
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Nov 10, 2016 01:54
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Findom is definitely one of the best scams. It's not just paying her to dom you, that would just be a regular ol' pro domme, it's getting off on having her tell you how to use your money and making you buy her stuff.
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Nov 10, 2016 02:00
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ate all the Oreos posted:Findom is definitely one of the best scams. It's not just paying her to dom you, that would just be a regular ol' pro domme, it's getting off on having her tell you how to use your money and making you buy her stuff. So.....a wife? haaachachacha!
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Nov 10, 2016 02:41
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Solice Kirsk posted:So.....a wife? A wife without any of the benefits. Apparently after the election there are more people wanting to move to New Zealand. I don't know that making decisions like this based on a single election result is good with money. quote:Immigration typically received about 3000 registrations each month via the New Zealand Now website from US nationals interested in studying, working or investing in New Zealand. In the past 24 hours, 7287 registrations had been received from American citizens – more than twice the number of a typical month's registrations. http://www.stuff.co.nz/world/americas/us-election-2016/86318100/are-americans-actually-going-to-move-to-nz
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Nov 10, 2016 02:45
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Devian666 posted:Apparently after the election there are more people wanting to move to New Zealand. I don't know that making decisions like this based on a single election result is good with money. You guys seem pretty low on the target list in a nuclear holocaust, and you speak English. Seems like a good place to try and hide from the end of the world.
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Nov 10, 2016 02:51
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Droo posted:You guys seem pretty low on the target list in a nuclear holocaust, and you speak English. Seems like a good place to try and hide from the end of the world. Also has water unlike Australia I assume?
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Nov 10, 2016 02:56
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Feet stomping sore losers are ruining it for people who legitimately want to move to there, Canada, Australia etc. Same goes for Trump supporters if Hilldawg took it.
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Nov 10, 2016 03:24
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I would like to travel to NZ before deciding to move there, but one of my friends visited there and thought it was "the only civilized country [he's] ever been to." I lived in Canada before and it was great, but moving to Vancouver is very BWM since the housing there is more ridiculous than just about anywhere in America.
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Nov 10, 2016 03:32
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I'm seriously considering moving to NZ now actually but I picked it since my SO has dual citizenship there, making it B[etter]WM than alternatives. You hosed up real bad yesterday America and we no longer feel safe or at all welcome or wanted here, great job!
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Nov 10, 2016 04:32
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ate all the Oreos posted:I'm seriously considering moving to NZ now actually but I picked it since my SO has dual citizenship there, making it B[etter]WM than alternatives. You hosed up real bad yesterday America and we no longer feel safe or at all welcome or wanted here, great job! We tried
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Nov 10, 2016 04:37
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I was considering leaving, but now it's safe.
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Nov 10, 2016 04:38
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Electrical Fire posted:Wasn't there a guy that did almost exactly this as an experiment? Except probably with rats. Please, it was a cat. The investors did beat the schoolchildren included in the experiment so they can be proud of that.
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Nov 10, 2016 04:44
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