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#2341 |
Veteran
Join Date: Oct 2008
Casino cash: $9986835
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Too busy watching chiefs YouTube videos to dive into the Bloomberg and marketwatch stuff as to what caused it, but I'll check it out on work time tomorrow.
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Posts: 1,606
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#2342 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Yep, interest rates
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Posts: 40,646
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#2343 | |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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Quote:
Rates send money to lower risk at reasonable returns. This also gave investors reason to bail on those bloated tech stocks too. It's a magnificent little correction. Last edited by eDave; 10-10-2018 at 09:44 PM.. |
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Posts: 53,803
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#2344 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-462449
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This was an expensive day for me.
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Active fan of the greatest team in NFL history. |
Posts: 145,263
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#2345 |
I'll be back.
Join Date: Nov 2002
Casino cash: $1020478
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JFC.
Took a beating. Anyway, you have to look long term. I'm still in the black compared to this time last year. By a substantial amount. I still wish I hadn't bought a ****ing dumbass chinese stock though. Last edited by Hammock Parties; 10-11-2018 at 05:38 AM.. |
Posts: 296,744
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#2346 |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-462449
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We may be seeing buying opportunities now that we've given back most of 2018's returns.
__________________
Active fan of the greatest team in NFL history. |
Posts: 145,263
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#2347 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1368100
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Who’s selling? Who’s buying? Who’s holding?
I’m just holding for now. Not gonna sell anything for a loss but also don’t have a ton of cash waiting on the sidelines for buying. |
Posts: 46,301
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#2348 |
Banned
Join Date: Jan 2013
Casino cash: $9998560
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HODL!
But considering moving my entire 401 to a less risky mix. |
Posts: 53,803
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#2349 | |
Seize life. Be an ermine.
Join Date: Jul 2001
Location: My house
Casino cash: $-462449
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Quote:
This stings. But I guess it's the price for getting great returns for the last few years.
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Active fan of the greatest team in NFL history. |
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Posts: 145,263
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#2350 |
Supporter
Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $-885873
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Posts: 132,304
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#2351 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1368100
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Posts: 46,301
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#2352 |
Fish are scared of me
Join Date: Nov 2001
Casino cash: $-1429523
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Posts: 40,646
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#2353 |
Banned
Join Date: Oct 2018
Casino cash: $10000400
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It's a great time to invest stocks are on sale!
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Posts: 569
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#2354 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-1368100
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Posts: 46,301
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#2355 |
Banned
Join Date: Oct 2018
Casino cash: $10000400
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Dunno. I don't try to strategize. I just buy and buy and buy and hold. That's it. I don't worry about the lows. I just throw it in Betterment and wait. Thinking of changing to Vanguard..
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Posts: 569
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