Anonymous
Post 02/06/2018 14:50     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OMG, I have to get off this forum and back to bogleheads. The ignorance is spectacular. 1987? Sell and buy back high?


Problem is that we have a *ton* of Millennials and GenX here who have never seen a real bear market. Basically stocks took off in the 80s, and had a few very serious drops and corrections followed almost immediately by a blazing fast recovery (usually thanks to extraordinary measures taken by Fed or TARP or such). Look at the trough of Mar 2009 -- within 1 year market had already recovered to the booming market values of 2005 -- every recovery has been 'V' shaped.

If we ever hit a 'L' shaped true bear market, this will be a new experience for two generations of investors, and despair will reign.


What is a bear market?


It’s where bears go shopping. Have weekly specials too!
Anonymous
Post 02/06/2018 14:47     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:OMG, I have to get off this forum and back to bogleheads. The ignorance is spectacular. 1987? Sell and buy back high?


Problem is that we have a *ton* of Millennials and GenX here who have never seen a real bear market. Basically stocks took off in the 80s, and had a few very serious drops and corrections followed almost immediately by a blazing fast recovery (usually thanks to extraordinary measures taken by Fed or TARP or such). Look at the trough of Mar 2009 -- within 1 year market had already recovered to the booming market values of 2005 -- every recovery has been 'V' shaped.

If we ever hit a 'L' shaped true bear market, this will be a new experience for two generations of investors, and despair will reign.


What is a bear market?

Oh, oh. Someone should take Investing 101 before putting in cash.
Anonymous
Post 02/06/2018 14:47     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:
Anonymous wrote:Sell to prevent further losses. When the market recovers to its previous high, buy back in.


Glad I never followed this advice in 2009! Not only did I hold, but I bought.

Agree. The PPP has horrible advice. All you're doing is locking in your losses, and missing the gain on the ride back to the previous high.

And I did what you did. I not only did not sell in 2009, i bought - and did really well.
Anonymous
Post 02/06/2018 13:35     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:
Anonymous wrote:OMG, I have to get off this forum and back to bogleheads. The ignorance is spectacular. 1987? Sell and buy back high?


Problem is that we have a *ton* of Millennials and GenX here who have never seen a real bear market. Basically stocks took off in the 80s, and had a few very serious drops and corrections followed almost immediately by a blazing fast recovery (usually thanks to extraordinary measures taken by Fed or TARP or such). Look at the trough of Mar 2009 -- within 1 year market had already recovered to the booming market values of 2005 -- every recovery has been 'V' shaped.

If we ever hit a 'L' shaped true bear market, this will be a new experience for two generations of investors, and despair will reign.


What is a bear market?
Anonymous
Post 02/06/2018 13:05     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:
Anonymous wrote:OMG, I have to get off this forum and back to bogleheads. The ignorance is spectacular. 1987? Sell and buy back high?


Problem is that we have a *ton* of Millennials and GenX here who have never seen a real bear market. Basically stocks took off in the 80s, and had a few very serious drops and corrections followed almost immediately by a blazing fast recovery (usually thanks to extraordinary measures taken by Fed or TARP or such). Look at the trough of Mar 2009 -- within 1 year market had already recovered to the booming market values of 2005 -- every recovery has been 'V' shaped.

If we ever hit a 'L' shaped true bear market, this will be a new experience for two generations of investors, and despair will reign.


I don't know, I think until very recently we Gen Xers were pretty used to stagnant long-term returns. Inflation adjusted, over 15 years from 1998 to 2013, the S&P grew by an annualized 0.2%. (cite: https://dqydj.com/sp-500-return-calculator/). That's pretty awful for 15 years right in Gen Xers wheel-house.

Obviously, the 5 years since 2013 have been amazing, but I mean I lived through 1998-2013 treading water and going nowhere for 15 years before that. That was like the first 15 years that I was seriously investing (I'm late 40s now). So, I think I get the pessimism that such long-term stagnation can cause.
Anonymous
Post 02/06/2018 12:29     Subject: DOW futures down more than 1000 pts for Tues opening
I've had a 20% return in my tsp on the past 12 months. This cannot go on forever. My plan was to recalibrate and capture some of those gains into the G Fund. But I got busy and didn't get to it. Damn this week.

I've also got some cash in separate 401k I'm holding onto waiting for RRBD.

Top or bottom, I'm holding and watching
Anonymous
Post 02/06/2018 11:14     Subject: DOW futures down more than 1000 pts for Tues opening
Anonymous wrote:OMG, I have to get off this forum and back to bogleheads. The ignorance is spectacular. 1987? Sell and buy back high?


Problem is that we have a *ton* of Millennials and GenX here who have never seen a real bear market. Basically stocks took off in the 80s, and had a few very serious drops and corrections followed almost immediately by a blazing fast recovery (usually thanks to extraordinary measures taken by Fed or TARP or such). Look at the trough of Mar 2009 -- within 1 year market had already recovered to the booming market values of 2005 -- every recovery has been 'V' shaped.

If we ever hit a 'L' shaped true bear market, this will be a new experience for two generations of investors, and despair will reign.