Anonymous
Post 07/05/2023 08:06     Subject: your accounts showing sign of life?
Im suddenly seeing all these posts here and in FB financial groups of everyone posting screenshots of accounts showing they're up 15% ytd or whatever. Contrarian me is wondering if such behavior marks a short term top.
Anonymous
Post 07/04/2023 23:23     Subject: your accounts showing sign of life?
Anonymous wrote:The Nasdaq just had its best first 6 months in 40 years. So anyone tech heavy should be doing great this year!

It’s weird that there is almost no news of it. I guess part of trying to say a recession is coming which has been on repeat for over 2 years now. Keep the plebes scared and uninformed I guess.


While the media in general is left leaning, the financial media, big finance, ceos, etc are strong republicans. While a lot of them hate Trump, they'd still like a Republican admin over a dem, hence the constant narrative about how bad things are and the impending recession.
Anonymous
Post 07/04/2023 23:20     Subject: your accounts showing sign of life?
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:I’m not quite where I was at my peak but I’m still in the millions so whatever.


I think most DCUM posters are in millions, TBH.


I will clarify: at my peak it was over 8 million, now it’s over 7 million. Yes, I know that many DCUM posters are at this level, but no way in hell is it “most.”


Anonymous internet forum. I am sure ALL are.
Anonymous
Post 07/04/2023 23:18     Subject: your accounts showing sign of life?
Anonymous wrote:
Anonymous wrote:I’m not quite where I was at my peak but I’m still in the millions so whatever.


I think most DCUM posters are in millions, TBH.


I will clarify: at my peak it was over 8 million, now it’s over 7 million. Yes, I know that many DCUM posters are at this level, but no way in hell is it “most.”
Anonymous
Post 07/04/2023 23:13     Subject: Re:your accounts showing sign of life?
Yes, back to the levels of December 2021.
Anonymous
Post 07/04/2023 22:41     Subject: Re:your accounts showing sign of life?
My portfolio is back to the levels of December 2021. I am mostly invested in tech stocks, and the AI hype has given my portfolio a nice boost. I am almost 50% this year.
End of 2022 was hard to swallow and I almost wanted to sell everything as I was down almost 40% from the peak. Glad I stayed the course.
Will see what the next 6 months brings as there are conflicting opinions on that.
Anonymous
Post 07/04/2023 21:50     Subject: your accounts showing sign of life?
Anonymous wrote:
Anonymous wrote:The market is still down about 6% in the s&p from the peak, but we invested heavily in the down turn, so this year has been good. Our tech index fund is looking better. So yeah, it's getting better. Anyone who says their accounts never reflected the downturn didn't have anything in their account, or they are liars.


It amusing how devoted people on this forum are to the “only invest in Index funds because no one *ever* beats the market” narrative. Our actively managed accounts were never down as much as the market indexes and are now back above their peak, and we’re retired, so we are more conservative than we used to be. The signs were out there and there is no reason the ride the market all the way down if you don’t have to.


Except the capital gains tax from selling. Many of us have the time to recover without paying the tax. So there's that.
Anonymous
Post 07/04/2023 21:47     Subject: Re:your accounts showing sign of life?
Anonymous wrote:
Anonymous wrote:My account never did anything historically alarming, nor did it during the previous admin,

Tracking accounts weekly/daily/monthly is unhealthy and uneducated.


NP: Tracking monthly gives me confidence in my models. I have a "balance sheet" spreadsheet with a row per month. Annually I evaluate if my assumptions over the last year have held true vetted by two factors: how stable is my prediction as to when I will hit the next major benchmark (1M, 2M, etc). This has been accurate w/in 12 month period consistently over 15 years. , and how stable my "ending net worth" estimate is. This has stayed within a 10% swing for the same 15 years. All so I can convince DH that it's time to retire when it's time to retire!


+1
But I understand not everyone has the guts for this, so for some it's best not to follow so closely. I personally take comfort in it.
Anonymous
Post 07/04/2023 21:15     Subject: your accounts showing sign of life?
Anonymous wrote:I’m not quite where I was at my peak but I’m still in the millions so whatever.


I think most DCUM posters are in millions, TBH.
Anonymous
Post 07/04/2023 20:29     Subject: your accounts showing sign of life?
I’m not quite where I was at my peak but I’m still in the millions so whatever.
Anonymous
Post 07/04/2023 20:26     Subject: your accounts showing sign of life?
Anonymous wrote:The Nasdaq just had its best first 6 months in 40 years. So anyone tech heavy should be doing great this year!

It’s weird that there is almost no news of it. I guess part of trying to say a recession is coming which has been on repeat for over 2 years now. Keep the plebes scared and uninformed I guess.


My nasdaq fund is up like 35% YTD but still lower than 2021 high. That’s probably why. Excellent 6 months but it was down so much…