Author Topic: New To Investing Thread  (Read 333664 times)

0 Members and 2 Guests are viewing this topic.

Offline chum1

  • Pak'r Élitaire
  • ****
  • Posts: 21917
    • View Profile
Re: New To Investing Thread
« Reply #2425 on: March 15, 2020, 04:20:15 PM »
Maybe I'll borrow some money and just buy stock with it.

Offline DaBigTrain

  • Pak'r Élitaire
  • ****
  • Posts: 11817
  • stuxnet, meltdown, spectre, Bitcoin, ffChamp
    • View Profile
Re: New To Investing Thread
« Reply #2426 on: March 15, 2020, 05:43:26 PM »
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline IPA4Me

  • Pak'r Élitaire
  • ****
  • Posts: 7010
  • El Guapo
    • View Profile
    • Life Advice
Re: New To Investing Thread
« Reply #2427 on: March 15, 2020, 06:35:15 PM »
My IRA cash will be staying that way for a bit longer apparently.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile

Offline DaBigTrain

  • Pak'r Élitaire
  • ****
  • Posts: 11817
  • stuxnet, meltdown, spectre, Bitcoin, ffChamp
    • View Profile
Re: New To Investing Thread
« Reply #2429 on: March 16, 2020, 08:40:44 AM »
Lou Dobbs probably isn’t getting an autographed chart today :frown:
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15225
    • View Profile
Re: New To Investing Thread
« Reply #2430 on: March 16, 2020, 08:47:12 AM »
Basically every two weeks there’s gonna be a little jump due to automatic 401k and other contributions.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2431 on: March 16, 2020, 09:19:05 AM »
Basically every two weeks there’s gonna be a little jump due to automatic 401k and other contributions.


Offline michigancat

  • Contributor
  • Pak'r Élitaire
  • *****
  • Posts: 53786
  • change your stupid avatar.
    • View Profile
Re: New To Investing Thread
« Reply #2432 on: March 16, 2020, 09:22:20 AM »
oh no

https://twitter.com/realDonaldTrump/status/1238799084263260161
https://twitter.com/jbarro/status/1239555596002693120

I don't know how anyone can be so dumb and how there can be so many people I think aren't as dumb surrounding him afraid to tell him how dumb he is. We're 3 years in and I'm still astounded but the dumbness

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15225
    • View Profile
Re: New To Investing Thread
« Reply #2433 on: March 16, 2020, 09:33:26 AM »
Basically every two weeks there’s gonna be a little jump due to automatic 401k and other contributions.


People buying stocks isn’t going to make prices go up? I’m not even asking rhetorically. I’m now legit questioning my understanding of the market.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2434 on: March 16, 2020, 09:48:12 AM »
Basically every two weeks there’s gonna be a little jump due to automatic 401k and other contributions.


People buying stocks isn’t going to make prices go up? I’m not even asking rhetorically. I’m now legit questioning my understanding of the market.

in general yes. if demand to buy is greater than the demand to sell the price increases. but, if 401k/IRA contributions ever consistently resulted in even tiny increase in values it would have been exploited a long time ago. and then the systems exploiting it would have been exploited by the meta exploitations, and so on, and so forth. all done robotically by people making an absolute assload of money from just exploiting things like this. also, the amount of volume in equities that come from retirement plan contributions is a lot smaller than most people think. unless people think it's like single digits of daily volume on those pay days and then those people are correct. also the timing of rebalancing and financial institution actions will drive up daily activity more than any retirement contributions. so the first of each month is generally higher volume but not because of retirement activity (for the most part). Also January 1 is high activity.

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15225
    • View Profile
Re: New To Investing Thread
« Reply #2435 on: March 16, 2020, 09:57:13 AM »
Good info. I assumed the auto contributions wouldn’t be felt in a typical market but might be noticeable in the midst of panic selling. Easy to imagine those contributions are smaller than they should be. (Millennials :curse: )

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2436 on: March 16, 2020, 10:00:19 AM »
I think a lot of people are panic re-allocating within their 401ks if that’s what you mean. Like, moving their balance from 75% some S&P fund to some stable value fund within the same plan. Stuff like that.


Sent from my iPhone using Tapatalk

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2437 on: March 16, 2020, 10:08:37 AM »
also, and this is just my imo, the time to do that has come and gone. I'm just some guy on the internet but I'd tell people to rebalance their 401k to reflect their preferred balance because it's going to be all out of whack based on what's just happened. And I wouldn't try to move it to safety because that ship sailed and the bigger risk now is missing the bounce. of course, there could be another 20% down in this market, I certainly don't know.

the only people who saved themselves here were those who made moves ahead of all of this, ie. premium members of the sd and kk financial text message group.

Offline catastrophe

  • Pak'r Élitaire
  • ****
  • Posts: 15225
    • View Profile
Re: New To Investing Thread
« Reply #2438 on: March 16, 2020, 10:15:24 AM »
It’s a much harder decision for those nearing retirement age. Pretty easy for folks like me to just keep pumping cash into equities over the next several years.

Offline ben ji

  • Senior Moderator
  • PCKK7DC Survivor
  • Pak'r Élitaire
  • *******
  • Posts: 11604
  • Alot of people dont hit on an 18
    • View Profile
Re: New To Investing Thread
« Reply #2439 on: March 16, 2020, 10:17:02 AM »
Yeah, I'm just not gonna check my balances for a while and let my automatic contributions just keep rolling in.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2440 on: March 16, 2020, 10:17:17 AM »
Hopefully most nearing retirement age had a mix that weathered this better than most.


Sent from my iPhone using Tapatalk

Offline Brock Landers

  • Pak'r Élitaire
  • ****
  • Posts: 7082
    • View Profile
Re: New To Investing Thread
« Reply #2441 on: March 16, 2020, 10:25:33 AM »
I have almost all of my 401k in a 2040 target date fund.  I figure I'll log in and check my account balance sometime in the year 2035 and make any adjustments at that point in time.

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2442 on: March 16, 2020, 10:28:43 AM »
Good play


Sent from my iPhone using Tapatalk

Offline Fedor

  • Katpak'r
  • ***
  • Posts: 1588
    • View Profile
Re: New To Investing Thread
« Reply #2443 on: March 16, 2020, 11:56:49 AM »
I just talked to my parents and they complained about their retirements funds getting killed.  My dad just turned 76.   :runaway: :blank: :bawl: :horrorsurprise: :shakesfist: :dunno:
I was wrong and I apologize. - michigancat 8/22/14

Offline DaBigTrain

  • Pak'r Élitaire
  • ****
  • Posts: 11817
  • stuxnet, meltdown, spectre, Bitcoin, ffChamp
    • View Profile
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline chum1

  • Pak'r Élitaire
  • ****
  • Posts: 21917
    • View Profile
Re: New To Investing Thread
« Reply #2445 on: March 16, 2020, 03:12:21 PM »
Wow!

Offline Brock Landers

  • Pak'r Élitaire
  • ****
  • Posts: 7082
    • View Profile
Re: New To Investing Thread
« Reply #2446 on: March 16, 2020, 03:15:48 PM »
Is Trump going to autograph a printout of today's market for Lou Dobbs?

Offline steve dave

  • Global Moderator
  • Pak'r Élitaire
  • *****
  • Posts: 85346
  • Romantic Fist Attachment
    • View Profile
Re: New To Investing Thread
« Reply #2447 on: March 16, 2020, 09:06:45 PM »
May get another autograph tomorrow folks!


Sent from my iPhone using Tapatalk

Offline DaBigTrain

  • Pak'r Élitaire
  • ****
  • Posts: 11817
  • stuxnet, meltdown, spectre, Bitcoin, ffChamp
    • View Profile
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"

https://blockstream.info/block/000000000019d6689c085ae165831e934ff763ae46a2a6c172b3f1b60a8ce26f

Offline bucket

  • Pak'r Élitaire
  • ****
  • Posts: 9561
    • View Profile
Re: New To Investing Thread
« Reply #2449 on: March 17, 2020, 08:55:29 AM »
uh oh