#316
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Oh man, so tempted but ya know, I won't say it....
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Chisholm's Custom Wheels Qui Si Parla Campagnolo |
#317
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Bought four more shares of VOO for my 2018 Roth IRA. They're on sale for the moment. Can't really time the markets, but we can buy on dips. It brings incremental gains, to use Team Sky's phraseology.
Yeah, it hurts to see these losses over the past months but the reasons are far greater than the elephant in the room, about whom we may not comment. I think the markets have been due for a correction for several years now with gains that didn't seem sustainable or reality based. I'm no expert on finance at all but it seems like double digit market growth can't keep going and it's unrealistic to expect it. So these corrections happen. My strategy is the same as it has been: Just keep on keeping on. No drastic moves, ever. |
#318
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Are the traditional safe havens such as bonds, gold or real estate benefiting from the down turn??
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SPOKE Life's too short to ride cheap bikes! |
#319
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Pretty sure bonds are on the not list since interest rates are rising. Same with real estate, houses are sitting longer. But I reserve the right to have no idea what I'm talking about.
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#320
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Bond is taking a beating (due to rising interest).
No idea about precious metal Real estate has cooled, due to interest rate Fun fact, most of gains in bond funds (e.g. Barclay Aggregate) is primarily due to lowering interest from highs of 15% Last edited by echappist; 11-21-2018 at 08:20 AM. |
#321
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Quality medical REITs are doing well.
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***IG: mttamgrams*** |
#322
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Looking like the tech sell off may be the best bet - Amazon and Netflix -
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#323
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On the thesis of US government bonds being a safe haven, rising interest rates are really just one headwind to that thinking. The other is huge deficits financed by trading counter parties that export to us. Thanks to the recent ratcheting up of trade negotiations, we are likely to see falling demand for US treasury debt compounded by rising interest rates, which means the debt the treasury needs to sell will demand a higher interest rate, which drives up the cost of rolling over existing debt, which compromises the federal budget and leads to a larger deficit, and thus more need to borrow money.
A damaging downward spiral is not out of the realm of possibility. Still, if you think the economy is strong and robust, one has to answer the following question: Why is the market so scared of a 3.5% fed funds rate?
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And we have just one world, But we live in different ones |
#324
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Quote:
it that were really the case, then perhaps all that quantitative easing ended up only kicking the can down the road... |
#325
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capitalism is fracturing, it is no longer as suitable for humanity as it once was. we are measuring the wrong things to gauge success and failure. whos actually benefiting from "the market"?
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#326
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...
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Io non posso vivere senza la mia strada e la mia bici -- DP Last edited by Clean39T; 06-07-2020 at 11:28 PM. |
#327
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On the topic of buybacks, with a little GE thrown in, thought this might be of interest to some of you.
Quote:
link to story on marketwatch
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And we have just one world, But we live in different ones |
#328
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Quote:
If you target 6% annual return through solid, high dividend stocks you can achieve this. This has been my strategy for the last 9 years. In those nine years I have beat the street every year. One year, I made a 30% return. This will be the first year I did not meet my 6% growth goal simply because I did not act fast enough regarding rising interest rates or the stock that were affected by the rise in interest rates have not had enough time to come back.
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***IG: mttamgrams*** |
#329
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Quote:
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#330
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Quote:
but im glad you are finding almost 6 percent... |
Tags |
economy, freemoneyhouse, stonks, vertdoug for fed chair, wealth, yen carry trade |
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