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CombatCupcake posted:Since they tend to be on an incline most of the time you can't really wait for big dips like with stocks. Yeah OK, I'll bite. This statement strongly suggests that you need to do a lot more reading and until you have, you should not risk any more of your money.
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Dec 13, 2013 23:30
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koolkal posted:There is literally no smilie big or obnoxious enough to really show how I feel reading this. Since 2009 its had 1 $10 decline. otherwise pretty steady incline. filthy regex posted:I'd suggest waiting for the soulless banking overclass to pound our collective dream of retirement into the ground again, and then hopping into the market as soon as you can taste bedrock. Haha! I wish I started in the market on the last one. Would've made out like a bandit.
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Dec 14, 2013 03:05
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CombatCupcake posted:Since 2009 CombatCupcake posted:Haha! I wish I started in the market on the last one. Would've made out like a bandit.
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Dec 14, 2013 03:16
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CombatCupcake posted:Since 2009 its had 1 $10 decline. otherwise pretty steady incline. Please continue.
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Dec 14, 2013 03:16
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Meaning I wasn't at all in the market then. Would have been a good time to buy stuff. Even if not much money, just to get a start.
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Dec 14, 2013 03:35
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Look at the it's distributions. If you buy now you could be basically jumping in to pay more in taxes.
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Dec 14, 2013 03:45
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Yes, that is a good idea. Any mutual fund that has been on an incline since 2009 is a good buy. Clearly beating the market.  The reason people are ragging on you is because you're judging this mutual fund because it's been on an incline since 2009. The ENTIRE market has gone up like 100% since 2009 so an incline should be expected unless it's a scam. koolkal fucked around with this message at 09:25 on Dec 14, 2013 |
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Dec 14, 2013 09:04
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koolkal posted:The ENTIRE market has gone up like 100% since 2009 so an incline should be expected unless it's a scam. "Next time on American Greed... the NASDAQ composite index."
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Dec 14, 2013 11:33
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koolkal posted:Yes, that is a good idea. Any mutual fund that has been on an incline since 2009 is a good buy. Clearly beating the market. The entire market also went dropped like 75% during the crash in late 2008-early 2009. I feel people tend to forget this when talking about the legitimace of this rally. The market didn't get back to breakeven point until earlier this year, roughly 4 years after the fall started. Cheesemaster200 fucked around with this message at 17:38 on Dec 14, 2013 |
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Dec 14, 2013 17:35
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CombatCupcake posted:I want to put more money in, but when is the best time to invest more into MFs? Since they tend to be on an incline most of the time you can't really wait for big dips like with stocks. Hello indicator to get the gently caress out of the market soon
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Dec 14, 2013 18:29
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Cheesemaster200 posted:The entire market also went dropped like 75% during the crash in late 2008-early 2009. I feel people tend to forget this when talking about the legitimace of this rally. The market didn't get back to breakeven point until earlier this year, roughly 4 years after the fall started. I'm actually grateful that I was invested in the market enough in 2008 to get kicked in the balls hard. I lost 40% of my 401k, for a total of $15k, in a single year. I know that's peanuts compared to people who'd been working and saving for decades, but it was my first visceral experience with losing money in the market. That $15k represented like two years of 401k savings. It felt like two years of work vanished. That's not even counting my losses in my personal portfolio. I don't think we've hit the absolute peak yet or anything, but my appetite for loss will never be the same after the 2008 crash.
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Dec 14, 2013 18:42
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Question for the thread: What is everyone's opinion of emerging markets? I have two views on this: View A (popular viewpoint: Once the taper starts to happen and domestic interest rates begin to rise, emerging markets will get murdered as yield seekers no longer need to go abroad for good returns. View B: Rising domestic interest rates will murder domestic stocks due to an increase in margin rates. Domestic stocks have been on a long tear and there has been a lot of angst on the continuation of the rally. Emerging markets have performed rater lovely this past year, and my EM ETF is actually down since January. I feel the lack of real domestic equity yields once cheap margin tapers down added to a still lovely bond market will push yield seekers to riskier markets. EM seems kind of cheap right now, but traditional wisdom tells me that rising domestic bond yields never end well for them.
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Dec 14, 2013 18:43
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Cheesemaster200 posted:View A (popular viewpoint: Once we see the CPI do a "taper" of its own or the market starts to sell off because of the fed taper, I think we'll see another down turn in bond yields. It will be quite scary because at that point there will not be much the fed can do to manage deflation besides re-start QE, but they've already spent most of their bullets, and their credibility will be more or less sunk, which is everything in ZIRP. QE keeping bond yields low I think is kind of a myth. Low inflation and lovely economic activity has kept bond yields low. Mostly, QE has kept (other) asset prices high. I thought we'd be at 10 yr 2.2% end of year this year but I was wrong. 2014 is going to be interesting! In other words I think EM rates are if anything going to head southwards (with perhaps a brief spike upwards) and we'll be back in 1% 10 year yield territory end of 2014. No idea what this means for EM equities. nebby fucked around with this message at 20:15 on Dec 14, 2013 |
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Dec 14, 2013 20:08
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Cheesemaster200 posted:Question for the thread:
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Dec 14, 2013 20:21
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District Selectman posted:I'm actually grateful that I was invested in the market enough in 2008 to get kicked in the balls hard. I lost 40% of my 401k, for a total of $15k, in a single year. I know that's peanuts compared to people who'd been working and saving for decades, but it was my first visceral experience with losing money in the market. That $15k represented like two years of 401k savings. It felt like two years of work vanished. That's not even counting my losses in my personal portfolio. I don't get this. I *LOVED* that the market took a poo poo in 2008. Sure my investments took a crap, but I was also constantly buying, and made off huge when the market broke even. Those 5 years I worked felt like 10 years even though my first two years "vanished". FlashBangBob fucked around with this message at 23:06 on Dec 14, 2013 |
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Dec 14, 2013 23:02
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What do you guys think about this new $0 trade fee site Robinhood.io? Is their plan to just offer this at $0 because of venture capital until they run out? Is it to get bought out? I'm sort of wary to trust it.
rooth baybee fucked around with this message at 23:19 on Dec 14, 2013 |
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Dec 14, 2013 23:15
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FlashBangBob posted:I don't get this. I *LOVED* that the market took a poo poo in 2008. Sure my investments took a crap, but I was also constantly buying, and made off huge when the market broke even. Those 5 years I worked felt like 10 years even though my first two years "vanished". Oh I agree with you. I continued to plunge money into the market during and after the crash, and that has worked out wonderfully for me, but there were legitimate fears through 2008 into 2009 that the economy was going to go under. poo poo was loving really scary.
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Dec 15, 2013 02:51
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District Selectman posted:but there were legitimate fears through 2008 into 2009 that the economy was going to go under. Thats always the fear. 29 was a lot worse, I think 84 maybe was too. It never does. Which means the more it shits, the better, because some crazy money-printing poo poo will be always be pulled as the US won't actually devolve into a zombie movie with people defending their houses with shotguns and eating canned food. https://www.youtube.com/watch?v=j2AvU2cfXRk edit: hey furthermore, if it does turn into World War Z, your money won't mean poo poo anyway as it's going to be law of the jungle. So invest in the market.. in a world where the status quo is maintained it will always grow, in a world where it's not.. you don't want to think about that. Tony Montana fucked around with this message at 11:01 on Dec 15, 2013 |
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Dec 15, 2013 10:51
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My University is very ill-equipped; I'm hoping to carry out my dissertation on a broad 20-30 year set of NYSE/NASDAQ/AMEX traded asset prices with minimal survivor and sampling bias but the bastards are not interested in providing anything better than a crippled, super narrow, Thomson Datastream. I badly want to get hold of CRSP data but they won't allow individual access and my University won't help me gain access to any of the other Universities in town who do have CRSP data access. I'm going mad and I'm willing to pay for private access to this; does anyone here do so as an individual and which service or CRSP client would you recommend? Bonus if it carries historical record of non US exchanges What the hell is wrong with wanting to do a real-world study, jeet christ DEAD MAN'S SHOE fucked around with this message at 17:03 on Dec 15, 2013 |
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Dec 15, 2013 16:42
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I guess what I'm getting at is, you have to know what that gut punch feels like; to lose 40% of your savings in a few months. When it's purely hypothetical, it's easy to say you want the market to dive so you can buy stocks cheap. And no one knew where the bottom was, so while I punched up my weekly 401k contributions to 18%, and told myself "this is smart this is smart this is smart", I had to watch every dollar I invested evaporate and my balance go down, even with double my typical contribution. There's nothing like investing $1k a month into your 401k and seeing your balance drop $2k anyway. So anyway, I remember how traumatic that was, even though I knew it was smart. I guess I'm not risk averse; I'm risk aware. I am fully aware of the possibility that all of this evaporates in short order, because I lived through one of, if not The Worst, stock market crash of all time. If you began investing in the stock market mid-late 2009 though, the market probably seems like an infinite money making machine that never goes down, and you ask silly questions like "when is the best time to invest more money in my magical fund that never goes down?!" And if you were around back then and didn't feel that pain, and you can unflinchingly continue to invest intelligently through an outright market collapse, hats off, you are a loving Boss Investor. You don't really need to know anything fancy about stocks, if you have those kind of brass balls, you're set.
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Dec 15, 2013 18:11
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It's kind of silly to think of your 401k as your savings or your money when anything you get out of it will have like 35% shaved off before whatever the retirement age is or full of stipulations.
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Dec 15, 2013 18:51
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rooth baybee posted:What do you guys think about this new $0 trade fee site Robinhood.io? Is their plan to just offer this at $0 because of venture capital until they run out? Is it to get bought out? I'm sort of wary to trust it. https://www.robinhood.io/faq/?q=how_we_make_money Sounds like they're banking on a lot of idiots joining them because they're "free" and getting then to trade on margin. This is like some new scheme to return to the '90s daytrading fiasco.
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Dec 15, 2013 19:21
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Buffett nailed it "To refer to a personal taste of mine, I'm going to buy hamburgers the rest of my life. When hamburgers go down in price, we sing the 'Hallelujah Chorus' in the Buffett household. When hamburgers go up in price, we weep. For most people, it's the same with everything in life they will be buying -- except stocks. When stocks go down and you can get more for your money, people don't like them anymore."
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Dec 15, 2013 19:25
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Foma posted:Buffett nailed it That assumes you are continually purchasing stocks, rather than holding them. People generally don't have a hoard of cash to pile into stocks when the market crashes. What they usually have is a hoard of stocks which just lost a ton of value.
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Dec 15, 2013 19:35
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Cheesemaster200 posted:That assumes you are continually purchasing stocks, rather than holding them. People generally don't have a hoard of cash to pile into stocks when the market crashes. What they usually have is a hoard of stocks which just lost a ton of value. The moral isn't to have a hoard of cash, it's to be constantly investing as much as you can spare, regardless of where the market is. When the stocks go on sale, you get more, with higher dividends and a larger upside when the market corrects. He's not really talking about traders or people who want to flip stocks in the short term.
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Dec 15, 2013 20:50
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P0PCULTUREREFERENCE posted:https://www.robinhood.io/faq/?q=how_we_make_money Yikes. I am already having big issues with some of the statements they make on that page. Specifically saying their brokerage account balances as safe as banks and that SPIC coverage is the same as FDIC. Edit: I'm not saying they are less safe than any other brokerage but how they say it can be confusing for people who didn't know better. Zero One fucked around with this message at 20:54 on Dec 15, 2013 |
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Dec 15, 2013 20:50
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District Selectman posted:I guess what I'm getting at is, you have to know what that gut punch feels like; to lose 40% of your savings in a few months. When it's purely hypothetical, it's easy to say you want the market to dive so you can buy stocks cheap. And no one knew where the bottom was, so while I punched up my weekly 401k contributions to 18%, and told myself "this is smart this is smart this is smart", I had to watch every dollar I invested evaporate and my balance go down, even with double my typical contribution. There's nothing like investing $1k a month into your 401k and seeing your balance drop $2k anyway. You didn't live through the worst. 29 was worse.  In the 29 crash the Dow lost nearly 90% of it's value. It's got nothing to do with brass balls, it's got everything to do with just reading the books in the OP. The Four Pillars is really that good, it will go through the various booms and busts because when you know the history it enables you to keep a cool head when things go mental. Inverse Icarus posted:The moral isn't to have a hoard of cash This all depends. In Australia I can get savings accounts giving me 4 to 5%. That's better returns than some bonds funds. Having assets in either cash (with a decent return) or bonds means you have either money or bonds to sell to buy stocks when the 'sale' comes (read: some people put guns in their mouths because they don't understand, or have their retirement resting on silly things). Tony Montana fucked around with this message at 22:24 on Dec 15, 2013 |
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Dec 15, 2013 22:20
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Inverse Icarus posted:The moral isn't to have a hoard of cash, it's to be constantly investing as much as you can spare, regardless of where the market is. When the stocks go on sale, you get more, with higher dividends and a larger upside when the market corrects. I understand what he is saying, but you have to remember that normal people invest their savings in stocks. If you are Warren Buffet and have 25 billion dollars, then short term losses and liquidity is not much of an issue for you. If you are someone who has his rainy day fund in stocks, there is a lot more to be worried about. In other words, rich people can afford to ride out big 5-6 year swings and dump money into a bear market. For relatively poorer people, it is a much harder decision to make because the money could have direct effects on quality of life. Obviously there is the whole "you shouldn't be investing if you need the money in under five years" theory. However, "need the money" is something that is very loosely defined and relative to when such a decision is made. I am sure many people in 2006 "didn't need the money anytime soon" until the crash happened and they lost their job long term.
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Dec 16, 2013 03:09
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pr0k posted:My spidey sense says twitter's ipo hype is done and the stock will now slowly collapse "like a flan in a cupboard." Bought March $38 puts. ...aaaand it's up 50% in 20 days. 
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Dec 16, 2013 15:54
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Anyone get in on this yet? https://www.robinhood.io/
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Dec 16, 2013 15:56
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streetlamp posted:Anyone get in on this yet?
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Dec 16, 2013 16:14
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Josh Lyman posted:Bank transfer went through, planned to buy SPYs, now I don't know what. Josh Lyman fucked around with this message at 20:44 on Dec 16, 2013 |
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Dec 16, 2013 19:28
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Josh Lyman posted:Read the fine print: https://brokerage-static.s3.amazonaws.com/assets/robinhood/legal/RHF%20Retail%20Commisions%20and%20Fees%20Schedule%20Rhfv1.2%2020131210.pdf Where is the smoking gun though? If you use AHC funds transfers, use electronic statements and aren't a loving idiot, you still only pay the regulatory fees.
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Dec 17, 2013 02:29
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i hope we're looking at a return to normalization where good economic news means good days for the stock market instead of everyone worrying about The Taper when good data comes out.
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Dec 17, 2013 09:40
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Josh Lyman posted:Putting the remainder of my transfer in SPYs. If the market goes down from here, don't say I didn't warn you.
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Dec 17, 2013 17:38
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all my fixed income is getting bid like crazy today, i wonder if this is smart money front-running a no-taper tomorrow.
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Dec 17, 2013 19:51
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I'm really thinking about buying stocks, after the market opens tomorrow, on AMC. I think this is a theater that really has its poo poo together. Is anyone else getting in on this? Or thinks that it's a really stupid idea? I was looking through all the financials and they really look like they're a growth company, expanding every year (sans 2011) where, everything considered, they lost 14 theaters. They're profits have been growing, though they have been growing slowly, they're still growing, and I don't think that they're ever going to go backwards. They're testing out different types of theaters to try to stay relevant, like dine-in theaters. Does anyone have any thoughts?
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Dec 18, 2013 02:05
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MussoliniB posted:I'm really thinking about buying stocks, after the market opens tomorrow, on AMC. I think this is a theater that really has its poo poo together. Is anyone else getting in on this? Or thinks that it's a really stupid idea? No horse and buggie company to invest in? Kidding, but AMC is depended on movies doing well, which I am not sure is a known entity. I would want some solid returns to take on that risk.
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Dec 18, 2013 02:48
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Foma posted:No horse and buggie company to invest in? Kidding, but AMC is depended on movies doing well, which I am not sure is a known entity. I would want some solid returns to take on that risk. Well... I was going to buy some blockbuster but, well, I couldn't find the stock. 
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Dec 18, 2013 02:52
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MussoliniB posted:I'm really thinking about buying stocks, after the market opens tomorrow, on AMC. I think this is a theater that really has its poo poo together. Is anyone else getting in on this? Or thinks that it's a really stupid idea?
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Dec 18, 2013 03:04
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