Author Topic: Now where did I leave my DOW 20,000 hat?  (Read 3444 times)

Gumption

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Now where did I leave my DOW 20,000 hat?
« on: February 05, 2018, 12:42:13 PM »
Time to dust that puppy off.

marty998

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #1 on: February 05, 2018, 01:04:25 PM »
Is it any surprise there are a couple of little falls after your market has gone up around 50% since the election?

chubbybunny

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #2 on: February 05, 2018, 02:56:11 PM »
But CNN says we're in a freefall.

Are you saying I shouldn't be jumping off a tall building anytime soon?

caffeine

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #3 on: February 05, 2018, 03:03:43 PM »
But CNN says we're in a freefall.

Are you saying I shouldn't be jumping off a tall building anytime soon?

I thought you were kidding. CNN makes it sound like doom's day.

Headline: MARKET MELTDOWN

http://money.cnn.com/2018/02/05/investing/stock-market-today-dow-jones/index.html

Fox News is just as bad.

Headline: HISTORIC PLUNGE

sol

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #4 on: February 05, 2018, 03:12:21 PM »
Headline: MARKET MELTDOWN

Headline: HISTORIC PLUNGE

Maybe those should read MARKET SALE and HISTORIC BUYING OPPORTUNITY.

Except those would be just as silly.  Today's movement isn't big enough to motivate me to sell, if I think it's going down, or to motivate me to buy, if I think it's going back up.  It's just another day of volatility, and it will all come out in the wash down the road.

Stay the course, people.  Invest regularly.  Rebalance periodically.  Minimize fees.  Retire when ready and try to think about more important things.

dycker1978

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #5 on: February 05, 2018, 03:23:14 PM »
That market move has motivated me to buy, on payday, just like I do every payday.....

Never mind, nothing has changed.

Travis

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #6 on: February 05, 2018, 03:25:48 PM »
That market move has motivated me to buy, on payday, just like I do every payday.....

Never mind, nothing has changed.

I was supposed to knock out 75% of my IRA on Thursday, but I was short because I was waiting on a check to clear.  Looks like I'll be placing that order tonight when I get home.

Roothy

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #7 on: February 05, 2018, 03:28:12 PM »
It motivated me to finally get around to buying my Roth IRA for 2017.

2Birds1Stone

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #8 on: February 05, 2018, 03:42:02 PM »
Love the consolation here, I expect another 10% down till we see a potential bounce back to new highs. A healthy market correction is way overdue.

Eric

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #9 on: February 05, 2018, 03:54:59 PM »
But CNN says we're in a freefall.

Are you saying I shouldn't be jumping off a tall building anytime soon?

I thought you were kidding. CNN makes it sound like doom's day.

Headline: MARKET MELTDOWN

http://money.cnn.com/2018/02/05/investing/stock-market-today-dow-jones/index.html

Fox News is just as bad.

Headline: HISTORIC PLUNGE

Technically, it is an historic plunge though.  This was the 15th worst single day drop in the history of the S&P.  (not sure about the Dow, but I'm sure it ranks)

ND

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #10 on: February 05, 2018, 03:56:27 PM »
I just contributed to my IRA.  Nice to see it slightly discounted when I checked today.  :)

Stimpy

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #11 on: February 05, 2018, 04:01:38 PM »
Headline: MARKET MELTDOWN

Headline: HISTORIC PLUNGE

Maybe those should read MARKET SALE and HISTORIC BUYING OPPORTUNITY.

Except those would be just as silly.  Today's movement isn't big enough to motivate me to sell, if I think it's going down, or to motivate me to buy, if I think it's going back up.  It's just another day of volatility, and it will all come out in the wash down the road.

Stay the course, people.  Invest regularly.  Rebalance periodically.  Minimize fees.  Retire when ready and try to think about more important things.

So true.   It's a pot hole, maybe a little bigger then usual but stay the course cause you know where your heading!

2Birds1Stone

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Re: Now where did I leave my DOW 20,000 hat?
« Reply #12 on: February 05, 2018, 04:16:38 PM »

So true.   It's a SINK hole, maybe a little bigger then usual but stay the course cause you know where your heading!

Corrected