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  1. mxracer317

    Robot Horses - Pack animal alternative of the future?

    The world is sure different these days.
  2. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    will do.
  3. 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.
  4. 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...
  5. 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.
  6. 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...
  7. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    PM me for any specific questions and I’ll be happy to answer.
  8. 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...
  9. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

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

    Anybody Buying Yet? Where’s the Bottom?

    👏🏻 👏🏻 👏🏻 ⬆️
  11. 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.
  12. 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.
  13. 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.
  14. 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.
  15. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Not a dumb question at all. You’re doing it 100% right. The whole point of investing is buy low, sell high. However, most people have fear of missing out and typically buy in at the peak of the market. And then when the market has a downturn, they panic and sell and lock their losses in. I’ve...
  16. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    It seems you might be too focused on the decline of the market in a negative way. I look at it as an opportunity. In fact, Warren Buffet has been quoted in saying: “The stock market is a device for transferring money from the impatient to the patient.” I always scratch my head when people want...
  17. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    Our current administration is reducing government size. Don’t forget that. 😉
  18. mxracer317

    Anybody Buying Yet? Where’s the Bottom?

    A healthy market goes up and down. Too many on here are annoyed with a down market. Markets don’t go up forever people. To ease your minds, have a look at this chart of the S&P500 going back to 1980 and note that despite average intra-year DROPS of 14.1%, (the low is represented by the 🔴), 34...
  19. mxracer317

    Rimfire cans, what do you have?

    I have the sparrow as well.
  20. mxracer317

    Free tax stamp!!!

    They let you order it without it being in stock in store and still get the deal on no tax stamp?
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