WorkFE's Account Talk

Max fear this morning. Capitulation?

Folks get funny like that about their money. :laugh:
I have to remind myself that in March 2020 the S&P was around 2300ish. We are still up 65% since then. In three years that's quite the return on investment. Having said that, nobody like giving it back.
 
But I lost it :embarrest:

🤣🤣😵🤢 VIX still has not shown that ugly spike so we are not done selling off yet. This
Silicon Valley bank exposure to bonds may unleash some pain on Monday on what might be the big selloff to get the market ready for a bull run. We probably will flounder off the big selloff first. Who knows what banks are getting killed in the bond market. Maybe the contagion spreads next week. The big crash coming??? Guess we will see.
 
Looking like the onslaught will continue.
Those futures will certainly grab your attention. Hopefully we don't Rule 80B.
 
Trying to stay optimistic but it gets a bit harder every day. Help wanted signs seem to be plentiful and unemployment at 50+ year lows. Those that want to work don’t seem to have issues finding a job or improving their employment.

I do however see an uptick in layoff/staff reduction articles. I’m rooting for the Fed but if they get too aggressive, they could push us into a recession (possibly to late). While interest rates have gone up and inflation has made things more expensive, I personally have not curbed my normal routine. I’m sure though that it has affected some people and is digging into their cash reserves.

The Banking issue is definitely something to keep an eye on. It’s probably a good idea, if you don’t already know, to do a little research on your bank. You’d be surprised who they are connected to. While I don’t see an across the board run of bank failures, it wouldn’t stun me if a few more were NOT practicing risk aversion and will certainly pop up in the news soon, which only adds more fear.

I am not on the tracker, but I am not 100% G. I have 30% spread out in C, S and I and 90% of future contributions have been going there for a while now. I plan on continuing that for the foreseeable future. I’m not a Perma-Bull, I just don’t see us repeating 2008 and I despise selling losses. I’ve become a bit more conscious of my Fidelity account, researching more, but I’m still buying.

Best of luck all, Be Nimble.
 
Thanks Epic, good read.

It is only natural for us to retreat to safer investing, but I remember years ago doing that and a couple things happened.
1. Some of the best rally's happen during a bear market. Don't want to miss those, AGAIN.
2. I big % of gains are gotten before folks realize a bear market has ended, I RESEMBLE THAT REMARK.

There is a lot of turmoil, uncertainty and madness out there. Trying to balance my optimism and pessimism.
 
I’ve been watching my balance closely since 2008, making moves as I saw fit along the way, and have only rarely timed moves perfectly.


Scott Harrison
Senatobia, MS
 
Trying to stay optimistic but it gets a bit harder every day. Help wanted signs seem to be plentiful and unemployment at 50+ year lows. Those that want to work don’t seem to have issues finding a job or improving their employment.

I do however see an uptick in layoff/staff reduction articles. I’m rooting for the Fed but if they get too aggressive, they could push us into a recession (possibly to late). While interest rates have gone up and inflation has made things more expensive, I personally have not curbed my normal routine. I’m sure though that it has affected some people and is digging into their cash reserves.

The Banking issue is definitely something to keep an eye on. It’s probably a good idea, if you don’t already know, to do a little research on your bank. You’d be surprised who they are connected to. While I don’t see an across the board run of bank failures, it wouldn’t stun me if a few more were NOT practicing risk aversion and will certainly pop up in the news soon, which only adds more fear.

I am not on the tracker, but I am not 100% G. I have 30% spread out in C, S and I and 90% of future contributions have been going there for a while now. I plan on continuing that for the foreseeable future. I’m not a Perma-Bull, I just don’t see us repeating 2008 and I despise selling losses. I’ve become a bit more b conscious of my Fidelity account, researching more, but I’m still buying.

Best of luck all, Be Nimble.
NV
I am glad to be a computer programmer and I plan to do as well as Birchtree taught me? The markets are seasonal. You have to believe that the markets will bounce back. I’m just holding onto a 6 handle but if don’t chase in after charts, graph etc then, if stuff happen(GOOD or bad) then acceptance of what Happens does?
 
Unfortunately, with inflation creeping back up to 10.4% in February, this quarter percent rate hike (most likely) will have very little effect next time around.

They really are between a rock and a hard place.
 
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