Party over for the stock market?

[schmok]

The competent day/swing traders gotta be lovin' life right now...

[whatapain]

Stay away from the FANG stocks Facebook Amazon Netflix and Google.
Uncle Don changed the rules, your 401 company does not have to disclose the correct information... imagine that.
If you have a work managed fund, stick with that. If it matches dollars for dollars up to a point, put in the max amount why give away free money.
Long term stocks..
Look at the things you buy every day and use everyday. Laundry soaps, Staple foods like soup, cereals, soap. Stores you have to go to to fix your house, you know things that you have to have, not fantasy stuff.. like flying cars, snotty nosed kids picking out your groceries and bringing them to your house dented an perhaps urinated on...
Facebook.. wtf.. how can that be worth any money..
Right now Uncle Don is giving big business lots of $$$$ for tax breaks, sure some give parts back to their employees, but most are doing what is called stock buy backs.
The company buys back from the stock that is available that they own, this inflates the share prices.
Once the company hits their desired goal, they sell off huge amounts of shares to people who "want in" because its so good
But
Since they sell all the shares the stock value drops and normal 401 guy loses lots
Its an art now, they know how much to buy and sell to keep the company looking at least meeting the prospectus.
There is much to watch out for but I now this
Its not correction as they say all over the news, its called pump and dump.
It used to be a crime, but recently its now just common place.
Shame...

[Rumor]

Whatapain, interesting post. I don’t think I would disagree with anything you said. With the markets so high, a 500 point swing, while scary, crazy, and undoubtedly caused by some very uncool stuff going on, percentage wise, it is usually less than 5%. That sounds like a lot and we would all be grateful to make 5% (preferably more), annually, keep your eye on the long run. Target funds like FP mentioned are also available for retirement and not just college savings.

Hope we all survive the upside down worldwind we seem to be in these days....sad....Rumor

[mxray]

Good advice whatapain looking for companies that sell what you use everyday. Peter Lynch used this idea and did very well with managing his fund. He bought into companies who's products everyone uses. He even wrote a book One Up On Wall street that teaches his philosophy's. It was a very good read. 



Mxray

[masterthief]

I agree.  This entire thread was an interesting read.  Thank you everyone.

[Linville]

Yep, BennyLava.

Good reading .

[Linville]

Market is REALLY UP TODAY 600 +

I like that

---

But coin is way down isn’t it?

Seems like I read an article saying the outlook for it is bad

---

What do you think BennyLava ?

[happyvibe]

According to Morgan Stanley , we are already in a bear market. Sigh

[folken]

Trick is to have a plan before you buy and sell some when it's up. Then you are playing with 'house money' so to speak.
If you had of bought some mj stocks or bitcoin early then you would have been sitting pretty.
Now it looks like the crypto market is a crap shoot. But mj stocks may have some room to go as more states
legalize it. Look at Tilray- stock has gone up a lot this year and it may continue.
You have to go with the attitude of if this stock drops by X amount I am out. Then you have a plan so you don't lose it all.
Take a small loss and try again. AND ONLY PLAY WITH MONEY YOU CAN LOSE. You do not want to play the stock market with money you cannot lose because you will lose at some point
and you cannot let a loss effect the rest of your life. Have a plan- if the plan doesn't work out -sell- it at your X amount of loss- stick to it- make you losses less than your gains..

………………………...Folken

[MoJim]

Buy and hold is the strategy that most of the worlds billionaires use. It certainly is the driving force of Berkshire Hathaway. Stocks that offer good dividends is great, but they can always reduce it if there earnings diminish. At this point in my life I can't really afford to play the market, but I do work with an investment advisor. I'm not going to get rich, but at least with any major market correction, I won't lose my life savings. Finding one you can really trust isn't always easy.