So How's Your 401k and Stock Market Retirement Investments Doing?

[Fizley]

My 401k is doing great. I moved my investments to a conservative position starting last October. The downturn didn't affect me much.

Just became full invested in stocks again.

[pxmcc]

did anyone bet the don't? (it's a dice term, but in the stock market i believe it's called selling short.)

i didn't have enough liquidity (my money is in real estate and my small business) to take a big bet either way, but anyone who bet the don't should have cleaned house.

[ZantannaParella]

Originally Posted by Slitlikr

I leave that shit to my hedge fund managers

Cuz you are smart!!

I may or may not have invested in a few Pharm companies because I feel like one of them will be holding the Patent on a certain virus immunization that I will not speak of.


It kinda seems as if some Sheeple are listening way too much to the media about this dam panic

[r66]

Originally Posted by Oilrig

20 to 30 million unemployed is closer to reality. For investors who control their own funds they should have cashed out before the drop. People who have plans through work can't get in and out quickly. Earnings reports and forecast from companies start this month and it's gonna be ugly watch for big drops in equity prices.

shouldn't try and time the market - not a good strategy IMO. Similarly, IMO, big dips and lower earnings - this is likely already priced into the market.

[r66]

Originally Posted by Oilrig

20 to 30 million unemployed is closer to reality. For investors who control their own funds they should have cashed out before the drop. People who have plans through work can't get in and out quickly. Earnings reports and forecast from companies start this month and it's gonna be ugly watch for big drops in equity prices.

shouldn't try and time the market - not a good strategy IMO. Similarly, IMO, big dips and lower earnings - this is likely already priced into the market.

[Oilrig]

Originally Posted by r66

this is likely already priced into the market.

The price to earnings ratio changes when companies report this month. 50% of the market is high frequency trading (machines) When P/E numbers get put in the equations we will see more tests of the bottom. A lot of people have index funds so when they sell good companies get sold along with bad ones making for great buying opportunities.

[Chung Tran]

Originally Posted by r66

shouldn't try and time the market - not a good strategy IMO. Similarly, IMO, big dips and lower earnings - this is likely already priced into the market.

see the next post

Originally Posted by Oilrig

The price to earnings ratio changes when companies report this month. 50% of the market is high frequency trading (machines) When P/E numbers get put in the equations we will see more tests of the bottom.

thing is, market timing works phenomenally well in downturns like this.. every single bear market contains mini-bull markets, swing traders ( as in 4-5 days) can make lots of money. it is NOT priced into the market, because that is the market trying to find a price.. it is not easy in a chaotic situation like we have.

and by the way, don't get excited about that Saudi-Russian oil deal. demand will drop much more than the production drop they agreed to, which is why oil prices FELL on the news of a deal.

[pxmcc]

Originally Posted by Slitlikr

I leave that shit to my hedge fund managers

slit this isn't a knock on you personally-you may be doing great-but hedge funds are one of the biggest scams ever. they take as "commission" (in dice it's called the vig) 2-20% of funds invested regardless of performance. i want that gig-heads i win, tails you lose..

[Slitlikr]

Originally Posted by pxmcc

slit this isn't a knock on you personally-you may be doing great-but hedge funds are one of the biggest scams ever. they take as "commission" (in dice it's called the vig) 2-20% of funds invested regardless of performance. i want that gig-heads i win, tails you lose..

No problem if you're a stakeholder.
Thanks for the sage advice.

[pleasurem]

Sistine, you are an idiot!!! That’s the bottom line...

[boardman]

Volatility is a money tree if you know how to play it. I don't have the time or nerve to day trade but a relative of mine is making a killing. I go long on equities with good dividend history with few exceptions.

Between equities, treasuries and a particularly good buy on a Gold Miner's ETF last year I'm good with my current position.

In fact I've been lowering my cost per share average on my blue chips over the last few weeks.

[Sistine Chapel]

Originally Posted by pleasurem

Sistine, you are an idiot!!! That’s the bottom line...

That hurts. I'm crying. Please stop attacking me. Mods please point this guy.

[tbone2u]

I actually thought he was being rather nice sc

[pleasurem]

nothing like running your mouth and then being a pussy! Still, better than the last two Presidents...

[bigstickdave6969]

My portfolio is less than it was 2 month a go but higher than it was a year a go plus I cashed in some chips along the way. Cheers!