The Market is Crashing - What's Your Plan?

DETRoadster · 02-08-2018, 06:04 PM

Quote:

Originally Posted by qba335i

Not yet... we just basically lost 1.5 month of gains. I would at least wait till we breach the 200 day moving average.

I actually don't try to time things in that regard. I dollar cost average and send my portfolio management company and my 401K the same amount, every month, on the same day of the month. Trying to hit those peaks and dips is too challenging for a novice like me.

BayMoWe335 · 02-08-2018, 07:26 PM

Quote:

Originally Posted by DETRoadster

I actually don't try to time things in that regard. I dollar cost average and send my portfolio management company and my 401K the same amount, every month, on the same day of the month. Trying to hit those peaks and dips is too challenging for a novice like me.

It’s too challenging for anyone except those who are wrong.

DETRoadster · 02-09-2018, 08:11 AM

Quote:

Originally Posted by BayMoWe335

It’s too challenging for anyone except those who are wrong.

Ha ha ha! Well said!

DETRoadster · 02-09-2018, 12:43 PM

Hold on, fellas, the slide continues!

1MOREMOD · 02-09-2018, 01:11 PM

I pulled it all out and bought a mb 6x6 and guns for the apocalypse

M_Six · 02-09-2018, 04:38 PM

At least I can relax this weekend and pretend it's all a bad dream.

1MOREMOD · 02-09-2018, 05:05 PM

Or get drunk

M_Six · 02-09-2018, 05:16 PM

Quote:

Originally Posted by 1MOREMOD

Or get drunk

There's always that option.

1MOREMOD · 02-09-2018, 05:57 PM

I quit, only drink 1 day a week now

KennySRFElite · 02-09-2018, 06:07 PM

I bought Berkshire B shares at the opening today, I thought it was time.
KP

DETRoadster · 02-09-2018, 06:11 PM

Quote:

Originally Posted by cautjit

I bought Berkshire B shares at the opening today, I thought it was time.
KP

How many did you buy, big spender?

EDIT - Just realized you said "B" shares.

KennySRFElite · 02-09-2018, 07:13 PM

Quote:

Originally Posted by DETRoadster

How many did you buy, big spender?

EDIT - Just realized you said "B" shares.

I aspire to buy Bershire A shares, today was just 75 shares of B to add to the position.
KP

Our03z4 · 02-09-2018, 11:01 PM

Been buying in and out of TVIX over the past month. I had bought in at only $4.74 and sold at $8.35. Bought and sold again a few times over the past week. Total account value is up over 70% for the year. Mutual funds ended up 14% for 2017 before this downturn. Anyone thinking of switching to bonds, or will we recover so quickly there wouldn't be a point?

Gr-Racing · 02-09-2018, 11:28 PM

To soon for bonds move, it was a good day today for me

M_Six · 02-10-2018, 09:29 AM

We clawed back a bit today. Hoping the worst is over.

02-09-2018, 12:43 PM	#136
DETRoadster Space Force - 4 Star General 11463 Rep 3,264 Posts Drives: M2 MG 6MT / Moto Guzzi V7 Join Date: Jul 2016 Location: Seattle iTrader: (1)	Hold on, fellas, the slide continues!
	Appreciate 0 Quote

02-09-2018, 01:11 PM	#137
1MOREMOD - 11817 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	I pulled it all out and bought a mb 6x6 and guns for the apocalypse
	Appreciate 1 cliverman955.50 Quote

02-09-2018, 04:38 PM	#138
M_Six Free Thinker 16962 Rep 7,455 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	At least I can relax this weekend and pretend it's all a bad dream.
	Appreciate 0 Quote

02-09-2018, 05:05 PM	#139
1MOREMOD - 11817 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	Or get drunk
	Appreciate 0 Quote

02-09-2018, 05:57 PM	#141
1MOREMOD - 11817 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	I quit, only drink 1 day a week now
	Appreciate 0 Quote

02-09-2018, 06:07 PM	#142
KennySRFElite Private First Class 217 Rep 142 Posts Drives: 2020 M4 6mt CP Join Date: Sep 2016 Location: Wisconsin iTrader: (0)	I bought Berkshire B shares at the opening today, I thought it was time. KP
	Appreciate 0 Quote

02-09-2018, 11:01 PM	#145
Our03z4 Captain 1691 Rep 685 Posts Drives: 2008 BMW Z4 3.0si Coupe, Join Date: Nov 2016 Location: USA iTrader: (0)	Been buying in and out of TVIX over the past month. I had bought in at only $4.74 and sold at $8.35. Bought and sold again a few times over the past week. Total account value is up over 70% for the year. Mutual funds ended up 14% for 2017 before this downturn. Anyone thinking of switching to bonds, or will we recover so quickly there wouldn't be a point?
	Appreciate 0 Quote

02-09-2018, 11:28 PM	#146
Gr-Racing First Lieutenant 206 Rep 356 Posts Drives: E46, F30 335i, 1986 K75 Join Date: Nov 2015 Location: GA iTrader: (1)	To soon for bonds move, it was a good day today for me
	Appreciate 0 Quote

02-10-2018, 09:29 AM	#147
M_Six Free Thinker 16962 Rep 7,455 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	We clawed back a bit today. Hoping the worst is over. __________________ Mark markj.pics "There is no shame in dropping fruit in your glass." -UncleWede
	Appreciate 0 Quote