Recent content by mxracer317

  1. mxracer317

    General meme thread - NSFW -

    Sickening.
  2. mxracer317

    Robot Horses - Pack animal alternative of the future?

    The world is sure different these days.
  3. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    will do.
  4. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Nah, just the facts. Clearly many of you guys with TDS don’t understand the market, guy. This was bound to happen.
  5. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Dude, do you understand P/E ratios? Stocks were/are still way overvalued. They were fragile to begin with. Any investor who understands stocks knew that ANY negative news/events would have caused this. Healthy markets pull back. When PE ratios come down, the market is healthy again. It’s pretty...
  6. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Go back and re-read the first sentence of post #5286. I manage hundreds of millions of dollars, my friend. I feel quite confident in what I know. Again, all the best.
  7. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    At the height of the loss in March 2020, the S&P 500 was -34%. Assuming, you knew where the bottom was which nobody would, but let’s just for fun entertain the idea that you converted when it was -34%, that is significantly less in taxes a person has to pay on tax deferred money. Now...
  8. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    PM me for any specific questions and I’ll be happy to answer.
  9. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    I’m not giving legal tax advice on a public forum here, so consult with your tax professional… HOWEVER, where many of you might be able to make money at this point is doing Roth conversions from a tax-deferred account such as TSP, 401k, IRA, etc. into Roth 401k and/or Roth IRA. If you...
  10. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    “Pigs get fat, hogs get slaughtered.”
  11. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    👏🏻 👏🏻 👏🏻 ⬆️
  12. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    My bad dude. I thought you were insinuating to take the money out of the market because we’re gonna have a great depression.
  13. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    But no one knows. The point is people shouldn’t sell in a decline and lock in losses. An appropriate risk tolerance should be in order for every person and they should rebalance from market to safe accordingly when the markets are up, not down.
  14. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Bad advice. Timing the market is impossible. You’ll potentially miss out on rally’s. Stay the course.
  15. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    This is what i do daily for a living. Smart retirees will have diversification and other sources of income. I suspect that some might just take joy in watching the current administration fail.
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