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Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
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Investing megathread extravaganza

A place to talk about investing stuff.

Last edited by DaFace; 02-19-2021 at 06:35 PM..
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Old 06-12-2020, 08:14 PM   #5371
Hammock Parties Hammock Parties is offline
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Old 06-13-2020, 04:52 PM   #5372
lewdog lewdog is offline
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Gonna have a fairly decent finish maybe....the last leg down was rather weak and we saw a good bounce off of that and the 200 day held. That's a good sign going into the weekend. There was every excuse for people to dump out in fear of Monday. Still lost about half of the gains for the day though. And we are not done selling. I am seeing continued selling for a bit.

Unless something happens I would say start prepping for election concerns.
Such a weird feeling to all of this.
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Old 06-13-2020, 06:52 PM   #5373
Nightfyre Nightfyre is offline
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I still strongly believe that institutional rebalancing will provide downward pressures on equities. To me, the institutional buying at the end of the first quarter explains the sudden recovery in equity prices.
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Old 06-13-2020, 09:10 PM   #5374
Demonpenz Demonpenz is offline
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I still strongly believe that institutional rebalancing will provide downward pressures on equities. To me, the institutional buying at the end of the first quarter explains the sudden recovery in equity prices.
can you explain to dummies for me?
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Old 06-13-2020, 09:25 PM   #5375
eDave eDave is offline
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Originally Posted by Demonpenz View Post
can you explain to dummies for me?
Basic allocation re-balancing. On a personal level it's large cap to mid cap, stocks to bonds, etc. On an institutional level, it's the fund manager re-allocating to different stocks within the overall portfolio. Once a quarter I look at which allocation is doing best in the short term and adjust. All of it.

Last edited by eDave; 06-13-2020 at 09:32 PM..
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Old 06-13-2020, 09:45 PM   #5376
Demonpenz Demonpenz is offline
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I don't know how to word this like a pro but my gut feeling is that the market bounces back too high too soon and will go down. It isn't going to return to covid 1 levels but just a reduction. I had an an account that was down 40 percent and just checked it again and it was back up to what it was before covid. So I am expecting a drop for awhile. I know this is a bunch of bullshit from a guy that lives with his mom, but hey I need to share my feelings on my 500 dollars in a Vanguard ETF
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Old 06-14-2020, 02:27 PM   #5377
lewdog lewdog is offline
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7 things people who are good with money never buy

1. New cars.
2. Leased new cars.
3. Houses they can't afford
4. Things on credit they can't pay for
5. Luxury goods
6. Lots of "things" or cheap (low-quality) things
7. Expensive weddings

https://amp.businessinsider.com/what...ney-do-not-buy
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Old 06-14-2020, 02:30 PM   #5378
eDave eDave is offline
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I really want a new car though. Might do it today. If I can find 8 hours in my schedule.
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Old 06-14-2020, 07:00 PM   #5379
Hammock Parties Hammock Parties is offline
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Looks like tomorrow's going to suck ass.
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Old 06-14-2020, 07:12 PM   #5380
lewdog lewdog is offline
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I really want a new car though. Might do it today. If I can find 8 hours in my schedule.
Do tell!!!
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Old 06-14-2020, 07:28 PM   #5381
eDave eDave is offline
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Do tell!!!
Car. 4 wheels, totes you around. Overall costs are way too high!

I don't know what to get. My Altima has 78,000 miles at 7 years old. Should just dump a few thousand at it for a variety of shit and continue on. But I love having a new ride and as hard as I resist the temptation, I'll lose.
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Old 06-14-2020, 07:32 PM   #5382
chiefforlife chiefforlife is offline
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Originally Posted by Hammock Parties View Post
Looks like tomorrow's going to suck ass.
Why?

You were saying next week is Dollar Bills Yall!
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Old 06-14-2020, 07:35 PM   #5383
petegz28 petegz28 is online now
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Looks like tomorrow's going to suck ass.
Probably will. We are in a bit of a down move at the moment.
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Old 06-14-2020, 09:11 PM   #5384
lewdog lewdog is offline
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Why?

You were saying next week is Dollar Bills Yall!
Clay has the market instincts of a Dodo bird.
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Old 06-14-2020, 09:13 PM   #5385
Hammock Parties Hammock Parties is offline
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I still believe it will be a short downturn.

End of this week we'll be back up.
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