2001, 2008, or 2022

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

Were you in diapers in 2008? The stock market swing were headline news everyday. Everybody I mean everybody became a stock index watcher. Banks were failing, FDIC was swooping in.

We have a wobble and are still up for the last 3 years.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

Oh PP... I've lived thru all mentioned crisis. 2022 feels nothing like that. Not saying it may not happen but, as of now, it's nothing like others. It was really bad... Def not for the faint of heart.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:All the reirement withdrawal calculators (4% SWR) use 60% equities/40% fixed income or similar scenario. So you've got your money at that allocation which will support your withdrawal rates. A portfolio just in cash will not support the withdrawals for long.

I have NO idea how I could stomach this kind of uncertainty and volatility whild being retired!! How is one supposed to have a relaxing retirement worrying about the stock market??

I'm very worried for my inlaws. My FIL has a pension that is in trouble, so no guarantee there. They then have their 401K which is declining by the day. They also still have a mortgage because they sold their NOVA house for a 700K net profit, financed 400K in a new home and invested the 700K. Bad move in hindsight, but it seemed good at the time. Even though heir mortgage is a 2.75 they are losing money in the market. They would have been better off buying the house in cash.

How old are they? As long as they have cashflow to cover them over the next couple of years, they should be fine. Markets eventually recover. If it doesn't, have the write over the house to you guys and move into your house. That's what we are doing with my in-laws (2 siblings take turns actually).

I’d pay their mortgage before I’d have them move here
FIL smokes a d listens to the news at deafening levels all day long.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

If you think this, go read Too Big to Fail and All the Devils are Here

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

Were you in diapers in 2008? The stock market swing were headline news everyday. Everybody I mean everybody became a stock index watcher. Banks were failing, FDIC was swooping in.

We have a wobble and are still up for the last 3 years.

I hardly had any money in the market in 2008.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

If you think this, go read Too Big to Fail and All the Devils are Here

Yeah I've read the first book many years ago. The failure of the investment firm L Capital Management from memory.

[Anonymous]

I knew so many people out of work in 2008 and there were no jobs, it was brutal.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

Were you in diapers in 2008? The stock market swing were headline news everyday. Everybody I mean everybody became a stock index watcher. Banks were failing, FDIC was swooping in.

We have a wobble and are still up for the last 3 years.

+1 Plus businesses were disappearing and people were being laid off by the tens of thousands. College and professional school graduates were walking out into no jobs, and people were waling away from underwater homes. But sure, one month of $5 gas feels so much worse. :/

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

If you think this, go read Too Big to Fail and All the Devils are Here

Yeah I've read the first book many years ago. The failure of the investment firm L Capital Management from memory.

LTCM maybe a good analogy of tosay

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

Were you in diapers in 2008? The stock market swing were headline news everyday. Everybody I mean everybody became a stock index watcher. Banks were failing, FDIC was swooping in.

We have a wobble and are still up for the last 3 years.

I hardly had any money in the market in 2008.

Investing in the market is not for everyone. Leave your money to recover and put your savings in a savings account. Then invest in real estate like every Joe Shmoe. You'll average 4-5% returns rather than 9-10% but with much less heart ache.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

I’ve been steady investing 15-% of my net paycheck every 2 weeks into my taxable brokerage account. I’m going to just more doing this. It’s worked out well for me

That's fine, just don't expect rebounds like 2008-2021. The era of easy money and the bull market is over. Bear markets can last for very, veryong times. You better lrepr.for holding 10+ years in a worst case scenario. The Fed put is over because inflation is out of control. Bond yields are crawling out of their grave, which means there will be very attractive options in the future besides investing in stocks. Trillions may flow from stocks and into bonds.

I'm the PP who said we're all screwed. It either ends in a deflationary 1929 crash or a hyperinflation event. We have so much debt with a relatively short maturity that really the country cannot afford to service it at the much higher rates needed to tame inflation. So historically, countries in this position have inflated away the debt via currency devaluation. Some people think we're going to get a recession initially and then the Fed will have to step in and lower rates again by late 2022 or 2023 to prevent the 1929 style deflation, sending us into more inflation. Ultimately this sets up a move to the digital dollar, which sounds nuts but there's plenty of articles out there about it. Buckle up!

Are you a teenager? You sound like you're overly emotional.... it's going to be one of two polar opposite extremes?!?!?!? Really? You have no clue... idiot.

Sure, what's your thoughts? The stock market always goes up? LOL. Try reading some history on the Japanese stock market bubble from the 80's and how long it took for an investor buying at the highs to break even.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't think 2022 is anything like previous crashes. We are barely in correction territory. Compare to historical crashes, it hasn't been that bad (yet).

It feels so much worse.

If you think this, go read Too Big to Fail and All the Devils are Here

Yeah I've read the first book many years ago. The failure of the investment firm L Capital Management from memory.

LTCM maybe a good analogy of tosay

Not getting how LTCM is a good analogy for today.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:2022 is going to make 2008 look like a walk in the park. They should have just let it run in 2020 to flush out the excesses, but now everything has inflated to an even bigger bubble.. It's just going to be much much more pain ultimately because we're all screwed no matter what they do.

LOL

You think the global financial system may be days away from failing? Ok..

+1
Some folks here sound like novices who just started in on this game. Sit back guys, relax, it will all be OK in the end. Even after the 1929 crash the average investor recovered after 5 years. Building wealth is a marathon, not a sprint. There are no short cuts (there is LUCK, but only for a few). Play the long game.

Try again. An investor buying at the highs in 1929 did not recover those investments until ~1955.

https://stockcharts.com/freecharts/historical/fundamentals.html

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

I’ve been steady investing 15-% of my net paycheck every 2 weeks into my taxable brokerage account. I’m going to just more doing this. It’s worked out well for me

That's fine, just don't expect rebounds like 2008-2021. The era of easy money and the bull market is over. Bear markets can last for very, veryong times. You better lrepr.for holding 10+ years in a worst case scenario. The Fed put is over because inflation is out of control. Bond yields are crawling out of their grave, which means there will be very attractive options in the future besides investing in stocks. Trillions may flow from stocks and into bonds.

My thoughts... drip feed index funds. The market will rise and the market will fall. In the long term it goes up. Don't believe me? Google the S&P and set the band to max. Then set it to a high and see how long it took to recover; never more than a few years - recently, just months. It's not rocket science, just an exercise in emotional control.

I'm the PP who said we're all screwed. It either ends in a deflationary 1929 crash or a hyperinflation event. We have so much debt with a relatively short maturity that really the country cannot afford to service it at the much higher rates needed to tame inflation. So historically, countries in this position have inflated away the debt via currency devaluation. Some people think we're going to get a recession initially and then the Fed will have to step in and lower rates again by late 2022 or 2023 to prevent the 1929 style deflation, sending us into more inflation. Ultimately this sets up a move to the digital dollar, which sounds nuts but there's plenty of articles out there about it. Buckle up!

Are you a teenager? You sound like you're overly emotional.... it's going to be one of two polar opposite extremes?!?!?!? Really? You have no clue... idiot.

Sure, what's your thoughts? The stock market always goes up? LOL. Try reading some history on the Japanese stock market bubble from the 80's and how long it took for an investor buying at the highs to break even.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:What do you do with your money in a situation like this.

I’ve been steady investing 15-% of my net paycheck every 2 weeks into my taxable brokerage account. I’m going to just more doing this. It’s worked out well for me

That's fine, just don't expect rebounds like 2008-2021. The era of easy money and the bull market is over. Bear markets can last for very, veryong times. You better lrepr.for holding 10+ years in a worst case scenario. The Fed put is over because inflation is out of control. Bond yields are crawling out of their grave, which means there will be very attractive options in the future besides investing in stocks. Trillions may flow from stocks and into bonds.

I'm the PP who said we're all screwed. It either ends in a deflationary 1929 crash or a hyperinflation event. We have so much debt with a relatively short maturity that really the country cannot afford to service it at the much higher rates needed to tame inflation. So historically, countries in this position have inflated away the debt via currency devaluation. Some people think we're going to get a recession initially and then the Fed will have to step in and lower rates again by late 2022 or 2023 to prevent the 1929 style deflation, sending us into more inflation. Ultimately this sets up a move to the digital dollar, which sounds nuts but there's plenty of articles out there about it. Buckle up!

Are you a teenager? You sound like you're overly emotional.... it's going to be one of two polar opposite extremes?!?!?!? Really? You have no clue... idiot.

Sure, what's your thoughts? The stock market always goes up? LOL. Try reading some history on the Japanese stock market bubble from the 80's and how long it took for an investor buying at the highs to break even.

My thoughts... the market will rise and the market will fall. Drip feed index funds. Google the s&p and set the band to max. Long term stocks will rise. Then set it to a peak and see how long it takes to recover - never more than a few years. It's an exercise in emotional control not rocket science. Patience is a virtue. Get out of the market if you don't have patience or time. I don't have to read about Japanese stuff; there's so much data.