FDP Home Page / FDP Forum / FAQ's

The FDP is made possible by the following companies and individual members like you.
Please use the links below to show them we value their sponsorship.

Apex Tube Matching

Advertise here

Amplified Parts

MOD KITS DIY

Guitar Center

WD Music

Musician's Friend

Antique Electronics Supply

Yellowjackets Tube Converters

Sweetwater

Jensen Loudspeakers


* God bless America and our men and women in uniform *

* Illegitimi non carborundum! *

If you benefit and learn from the FDP and enjoy our site, please help support us and become a Contributing Member or make a Donation today! The FDP counts on YOU to help keep the site going with an annual contribution. It's quick and easy with PayPal. Please do it TODAY!

Chris Greene, Host & Founder

LOST YOUR PASSWORD?

......................................................................

   
FDP Jam
Calendar
Find musicians
in your area!
  Search the Forums  

FDP Forum / Moe's Tavern (_8^(I) / Stock Market has been going nuts

Previous 20 Messages   Next 20 Messages   Newest 20 Messages
Jake
Contributing Member
**********
****

West Chester PA

Wait, what?
Jul 27th, 2017 10:41 AM   Edit   Profile   Print Topic   Search Topic

I'm seeing the broad index is up a bit south of 15% since November.

Jake
Contributing Member
**********
****

West Chester PA

Wait, what?
Jul 27th, 2017 12:18 PM   Edit   Profile   Print Topic   Search Topic

Amazon founder’s net worth increases $1.1 billion in intraday trading, leapfrogs him past Bill Gates in overall wealth.

ECS-3
Contributing Member
**********
**

USA / Virginia

Jul 27th, 2017 01:23 PM   Edit   Profile   Print Topic   Search Topic

Boeing is up another 2.4% today on top of the 9.8% yesterday.

The eagle flys!

Steve M
Contributing Member
**********
**

USA

Jul 27th, 2017 03:04 PM   Edit   Profile   Print Topic   Search Topic

"Not that I give financial advice anymore but if I did, I'd tell people to be out of debt, have cash reserves, and be diversified in the things you invest in. Live simply, drive used cars, eat at home, buy stuff that lasts. Become the millionaire next door."

This has always been the right advice, imho, and never more spot on than now.

The mathematicians will prove that being out of debt when investments returns exceed interest rates is giving away freee money, but I sleep soundly at night. Whatever marginal returns or material possessions I have forfeited have been more than repaid in peace of mind.

I have one thing to add, "Live today on less than the job you might have to take in three months would pay you."

MJB
Contributing Member
**********
**

Who's we sucka?

Smith, Wesson and me.
Jul 28th, 2017 06:55 PM   Edit   Profile   Print Topic   Search Topic

Dow closes the week at 21,830

BlondeStrat
Contributing Member
**********
**********
*****

Las Vegas NV

Can't complain but sometimes I still do
Jul 28th, 2017 08:04 PM   Edit   Profile   Print Topic   Search Topic

"The mathematicians will prove that being out of debt when investments returns exceed interest rates is giving away freee money"

I would argue (and admittedly I'm not the sharpest knife in the drawer) that being out of debt allows greater ability to invest in that market and earn greater returns while suffering zero negative interest depleting the return.

Edited to add:

I think those mathematicians are overlooking the fact that for most folks an unencumbered income is their best chance at achieving wealth.

It's much easier to count beans when they are all going IN the jar.

(This message was last edited by BlondeStrat at 10:14 PM, Jul 28th, 2017)

Jake
Contributing Member
**********
****

West Chester PA

Wait, what?
Aug 1st, 2017 05:30 PM   Edit   Profile   Print Topic   Search Topic

GET ON THIS BANDWAGON!!!!!!!! :)

ECS-3
Contributing Member
**********
**

USA / Virginia

Aug 1st, 2017 05:53 PM   Edit   Profile   Print Topic   Search Topic

Apple is gonna pop tomorrow, they beat the analyst's numbers today after the market closed.

RKSTRAT
Contributing Member
**********
***

USA

"Clapton is Good"
Aug 1st, 2017 06:01 PM   Edit   Profile   Print Topic   Search Topic

AAPL was up about 5% after hours.

RKSTRAT
Contributing Member
**********
***

USA

"Clapton is Good"
Aug 2nd, 2017 08:02 AM   Edit   Profile   Print Topic   Search Topic

Remember that book "Dow 30,000"?

Well it was predicted to happen in 2008.......a little off, but we are now getting close.

Man, we were at 6,000 in 2008, now looking at 22,000.

ECS-3
Contributing Member
**********
**

USA / Virginia

Aug 2nd, 2017 08:23 AM   Edit   Profile   Print Topic   Search Topic

When the market "crashed" in 2007-08 I just kept on buying.

tahitijack
Contributing Member
*

San Clemente, CA

Happy Sunsets, tahitijack
Aug 2nd, 2017 08:42 AM   Edit   Profile   Print Topic   Search Topic

When the Dow hit 12,000 my CPA said it's time to ease out. We didn't and don't go to him for anything other than tax matters.

Pinetree
Moderator Emeritus
(with many stars)

NW Pennsylvania

Aug 2nd, 2017 09:02 AM   Edit   Profile   Print Topic   Search Topic

So, in the spirit of "buy low, sell high", how many of you guys are actually selling?

Or are ya waiting for it to go even higher?




Jake
Contributing Member
**********
****

West Chester PA

Wait, what?
Aug 2nd, 2017 09:03 AM   Edit   Profile   Print Topic   Search Topic

"When the market "crashed" in 2007-08 I just kept on buying."

Usually I have a payroll deduction going into an equity fund. I buy no matter what, set to auto pilot.

"When the Dow hit 12,000 my CPA said it's time to ease out. "

Moves should not usually be made by market conditions, but by life circumstances. And there is usually no reason to move bigly.



Chris Greene
FDP Host

Idaho, USA

I'm Uncle Sam, that's who I am
Aug 5th, 2017 01:10 PM   Edit   Profile   Print Topic   Search Topic

Well, the DOW may have moved up but I've been getting killed in my Vanguard Heath fund.

Leftee
Contributing Member
*******

VA

Aug 5th, 2017 01:12 PM   Edit   Profile   Print Topic   Search Topic

Theoretically I've made a lot of money this year.

ECS-3
Contributing Member
**********
**

USA / Virginia

Aug 5th, 2017 01:30 PM   Edit   Profile   Print Topic   Search Topic

"So, in the spirit of "buy low, sell high", how many of you guys are actually selling?"

I'm buying dividend paying stocks, living off the dividends now, and then when I hit 70 1/2 and HAVE to start selling, I will.

I don't trade on price.

Chris Greene
FDP Host

Idaho, USA

I'm Uncle Sam, that's who I am
Aug 5th, 2017 03:13 PM   Edit   Profile   Print Topic   Search Topic

Uh, you don't have to "sell" at 70 1/2, you just have to withdraw from your retirement account.

ECS-3
Contributing Member
**********
**

USA / Virginia

Aug 5th, 2017 03:32 PM   Edit   Profile   Print Topic   Search Topic

Right, but the required withdrawals forces you to eventually sell everything in your retirement account.

Chris Greene
FDP Host

Idaho, USA

I'm Uncle Sam, that's who I am
Aug 5th, 2017 05:21 PM   Edit   Profile   Print Topic   Search Topic

I was under the impression that all you had to do was move X amount of dollars out of your retirement account into a non-tax-deferred account. I don't believe you have to liquidate an equity or a bond to accomplish this. I could be wrong.

Previous 20 Messages   Next 20 Messages   Newest 20 Messages

FDP Forum / Moe's Tavern (_8^(I) / Stock Market has been going nuts




Reply to this Topic
Display my email address             Lost your password?
Your Message:
Link Address (URL):
Link Title:




Moderators: Chris Greene  Iron Man  reverendrob  

FDP, LLC Privacy Policy: Your real name, username, and email
are held in confidence and not disclosed to any third parties, sold, or
used for anything other than FDP Forum registration unless you specifically authorize disclosure.

Furtkamp.com 
Internet Application Development

Copyright © 1999-2018 Fender Discussion Page, LLC   All Rights Reserved