WVU Posted January 18, 2019 Report Share Posted January 18, 2019 In light of the uncertainties across the planet. How can the government be shut down and the market rises? Brexit, oil, etc? Quote Link to comment Share on other sites More sharing options...
zzmocashzz Posted January 18, 2019 Report Share Posted January 18, 2019 bad consumer confidence report today, irrational exuberance? Quote Link to comment Share on other sites More sharing options...
WVU Posted January 18, 2019 Author Report Share Posted January 18, 2019 It will be interesting to see what the market does when the Government reopens Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 18, 2019 Report Share Posted January 18, 2019 In light of the uncertainties across the planet. How can the government be shut down and the market rises? Brexit, oil, etc?It's crazy DOOMSDAY could occur any weekday!! Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 Even with all the US political bullshit and concerns over China, the US economic fundamentals are sound. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 18, 2019 Report Share Posted January 18, 2019 In light of the uncertainties across the planet. How can the government be shut down and the market rises? Brexit, oil, etc?While it's impossible to divine true reasons for why the market moves, I'll give it a try. The govt shutdown is totally meaningless to anything except those workers effected, keep in mind they'll all get paid eventually and not only that, many are not working now but will still be paid later(they're getting a free vacation). Brexit was never really expected to happen due to the powers opposed to it, and to top it off the UK is not a global factor either, certainly not to our stock market. Oil seems to have bottomed and is on it's way back up after the Saudis and Russians cut back on production...so that seems to have passed. The far bigger factor will be china trade worries - it appears the chinese might be ready to deal, that's great. By the way, I'm still about 70% out of the market - which means I made a mistake...oh well. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 By the way, I'm still about 70% out of the market - which means I made a mistake...oh well. I'm about 60% in the market. I have 4 CDs coming due at the end of the month and those funds will be going back into equities. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 18, 2019 Report Share Posted January 18, 2019 I'm about 60% in the market. I have 4 CDs coming due at the end of the month and those funds will be going back into equities.CD rates finally getting to respectable levels, capital one(where i have my cash) now has a 1 yr cd at about 2.7 %, not bad considering the last 8 years. The money I pulled out of the market that was in my IRA's is making about 2% while it sits. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 CD rates finally getting to respectable levels, capital one(where i have my cash) now has a 1 yr cd at about 2.7 %, not bad considering the last 8 years. The money I pulled out of the market that was in my IRA's is making about 2% while it sits. I've been rolling over 30 day CDs at rates between 2.1% and 2.25%, nothing to sneeze at but there are some stock bargains to be had with good dividends at attractive prices. Quote Link to comment Share on other sites More sharing options...
IAG Posted January 18, 2019 Report Share Posted January 18, 2019 Hoffa how is retirement treating you? Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 18, 2019 Report Share Posted January 18, 2019 CD rates finally getting to respectable levels, capital one(where i have my cash) now has a 1 yr cd at about 2.7 %, not bad considering the last 8 years. The money I pulled out of the market that was in my IRA's is making about 2% while it sits.2.7 is approaching respectability. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 18, 2019 Report Share Posted January 18, 2019 I've been rolling over 30 day CDs at rates between 2.1% and 2.25%, nothing to sneeze at but there are some stock bargains to be had with good dividends at attractive prices.Money funds are now paying over 2%(mine is at 2.1), no need to do short term CD's anymore. Now that I'm retired, I'm a bit more cautious with potential market losses, of course it's almost always a mistake to panic, either in or out. Quote Link to comment Share on other sites More sharing options...
rdalert447 Posted January 18, 2019 Report Share Posted January 18, 2019 Can’t be. Axl said the market was FVCKED. Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 18, 2019 Report Share Posted January 18, 2019 Alright, I just put 100K back in, watch the market tank next week? Good thing the market is closed on monday. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 Hoffa how is retirement treating you?Loving it, I should have done it years ago! Quote Link to comment Share on other sites More sharing options...
FISHHEAD Posted January 18, 2019 Report Share Posted January 18, 2019 Loving it, I should have done it years ago! Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 Now that I'm retired, I'm a bit more cautious with potential market losses, of course it's almost always a mistake to panic, either in or out.I'm just as cautious. I look for both reasonable pricing and dividends. Nothing too speculative in my portfolio aside from William Hill shares. Quote Link to comment Share on other sites More sharing options...
sugardaddy Posted January 18, 2019 Report Share Posted January 18, 2019 In light of the uncertainties across the planet. How can the government be shut down and the market rises? Brexit, oil, etc? AXL may have a lot to do with it Quote Link to comment Share on other sites More sharing options...
mikeman Posted January 18, 2019 Report Share Posted January 18, 2019 Loving it, I should have done it years ago!I'm at a year and a half now, dont regret leaving one bit. Over Christmas i was asked by several nieces and nephews "what do you do now"? i said "not much", watch TV, go to the casino/play bingo, go to happy hour. Quote Link to comment Share on other sites More sharing options...
Jimmy Hoffa Posted January 18, 2019 Report Share Posted January 18, 2019 The worst day of retirement is still better than the best day at work! Quote Link to comment Share on other sites More sharing options...
joeybagadonuts Posted January 18, 2019 Report Share Posted January 18, 2019 AXL may have a lot to do with itConfirmed. Amazing how he told us everything was going to shit and it’s sky rocketed ever since Quote Link to comment Share on other sites More sharing options...
IAG Posted January 18, 2019 Report Share Posted January 18, 2019 AXL may have a lot to do with itLol Quote Link to comment Share on other sites More sharing options...
IAG Posted January 18, 2019 Report Share Posted January 18, 2019 The worst day of retirement is still better than the best day at work!Good to hear!! Quote Link to comment Share on other sites More sharing options...
Bfo Posted January 18, 2019 Report Share Posted January 18, 2019 Loving it, I should have done it years ago!I figured that would happen. All these people that claim they are bored with nothing to do are idiots. Quote Link to comment Share on other sites More sharing options...
Always Call Heads Posted January 18, 2019 Report Share Posted January 18, 2019 Anyone that has followed the markets in the past 20 years should have learned by now that reality and the stock market are not connected. This is a Trump euphoric rally. The books are cooked, the jobs numbers are BS and the entire economy is dependent on the stock market. Watch out for 2020 when reality begins to take hold. Quote Link to comment Share on other sites More sharing options...
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