Define disaster.. after all QQQ before this dive was up over 60% since the last elections and tripled since 2011. Where is the next round of pumping going to come from?
The light inflation report is pretty big.
I tend to agree with Cramer that the Fed is behaving like the commander in Aliens, trying to do everything "by the book" without much actual feel or experience for how fragile and nebulous the situation is.
If a disaster begins to unfold they'll freeze just like he did.
Just saw an offer from TD saying they are participating in Barclay's step up notes, 3% for the next year, and then 4% for the following year. It makes me a bit nervous about stocks when it's starting to become appealing to do the stress free option for a little while... The only problem is I don't see anything about these being FDIC insured so I'll have to ask about them.
I don't know, I think another rate hike or two and this bull market is over.
Thank you for your helpful reply. This is for 8-10 years investment. It is now down to $9,600 from 10,000. But after reading the responses here, I would just leave it be. Thank you again
Thanks Trump!
I'm not sure the FED will risk killing the economy.....as stocks go, the CEO's will do whatever to bring the prices back up (or stabilize them)....and starts with layoffs usually.
Same feeling on stress free. Just picked up a few 15 month CD's from NASA FCU at 3.25%. Wish I would have done more now.
NASDAQ in correction now. Dow and S&P not there yet. The S&P just slipped out of previous correction about a month or so ago. Too much FED and too much trade war.
c'moooon 'murica, keep these sales going.
NASDAQ in correction now. Dow and S&P not there yet. The S&P just slipped out of previous correction about a month or so ago. Too much FED and too much trade war.
Yeah I was wondering if I should buy more AMD. My problem is simply trying to determine if it was already overvalued though.My AMD stocks are still way, way up. Gonna buy more calls. Earnings coming up.
After I make bank on this earnings I'm putting half my funds into super long term AMD and TSLA calls, then 1/2 will go into puts on value traps like MU, F, and INTC. That should serve me well when we get to bear market territory.
Companies with huge top line growth like AMD and TSLA are the only solution to a bear market. Nobody cares about dividends if your stock goes down 50% in a year.
No offense, but I don't see the point of doing ANY CDs or the like until the fed is done with interest rate hikes. Ever since the fed started raising rates Discover Bank has been sending me tons of advertisements trying to get me to fall for it.Same feeling on stress free. Just picked up a few 15 month CD's from NASA FCU at 3.25%. Wish I would have done more now.
I'm not sure the FED will risk killing the economy.....as stocks go, the CEO's will do whatever to bring the prices back up (or stabilize them)....and starts with layoffs usually.
Most people here don't make enough to hit the 529 limits.It should be noted that the current drop you are seeing is basically because the overall market is just tanking right now, in this moment. It might be a longer-term trend (month or months), but nothing to really worry about for your goals. In fact...assuming you aren't limited by annual contributions (I'm not really sure about the limits on a 529), then this is actually a good time (maybe even better if the price keeps dropping) to buy more shares in that fund. This sorta edges into the stupidity of market timing, but the market is already falling. selling is obviously the wrong move, so it makes sense to buy buy buy when things look to settle out a bit (of course no one knows what the trough is, but you can be certain that prices on those shares now are already much better than what you will see on any given day in the next 8-10 years).
No offense, but I don't see the point of doing ANY CDs or the like until the fed is done with interest rate hikes. Ever since the fed started raising rates Discover Bank has been sending me tons of advertisements trying to get me to fall for it.
Yeah by all means, that isnt shitty. So it's not like it was stupid.I understand but 3.25% for 15 months was a no brainer. Nothing close to that and much better than any savings account that I have some money parked in....by far. That's exactly the reason that I have not committed any money to anything longer than the 15 months. I feel that rates are going to go up enough to make it worth the wait.....but the market may put the brakes on the hikes.
No offence taken by the way!
Most people here don't make enough to hit the 529 limits.
But anyhow, I'm honestly not yet sure if this is a buying opportunity. I've been waiting a considerable amount of time now to invest my HSA funds but I just haven't yet seen the correction that I (ultimately) think is coming.
I thought we were supposed to sell low and buy high, isnt that how lt works?I think now and until it hits bottom is a buying opportunity. The only game to play is guessing when it hits bottom (no one does that out of pure luck) and best maximize the greed. There is no doubt it will climb back up to and beyond the highs seen earlier this year...but when? before the year is over? Next year? 5 years from now? I don't think it will be that bleak, but point is it's only dumb to start selling.
I think now and until it hits bottom is a buying opportunity. The only game to play is guessing when it hits bottom (no one does that out of pure luck) and best maximize the greed. There is no doubt it will climb back up to and beyond the highs seen earlier this year...but when? before the year is over? Next year? 5 years from now? I don't think it will be that bleak, but point is it's only dumb to start selling.