Caribou Gear

Anybody Buying Yet? Where’s the Bottom?

Bonasababy said:

U.S. stock futures opened sharply lower late on Sunday, suggesting a continuation of the two-day selloff that wiped trillions from equity values after the Trump administration's tariffs announcement last week.
Investors had been anticipating another week of turbulence as global trading partners react to the harsher-than-expected tariffs. U.S. S&P 500 E-minis stock futures were last down 4%. Dow E-minis were down 3.8%, while Nasdaq 100 E-minis were down 4.6% at the open on Sunday.

In the two days following Trump's Wednesday tariff announcement, the benchmark S&P 500 index fell 10.5% and lost about $5 trillion in market value. It was the biggest two-day loss since March 2020. Thursday and Friday's steep slide, opens new tab put the S&P 500 down more than 17% from its February 19 all-time closing high, and brought it closer to bear market territory, which is typically defined as a 20% decline.
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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 a deal on things in life, but when the market goes on deal they’re opposed to it.

I sincerely hope you can find opportunity in this “sale”. Now is the time to buy.
 
Bonasababy said:
So you are saying we need MORE immigrants, right?
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At least a better distribution of them. If you need a house painted in Phoenix, there’ll be 100 Mexicans beating down your door to do it for $1500.

Need one painted in Absarokee Montana, just do it yourself.

(Not that we should have immigrants for the sole purpose of doing jobs we don’t want to do for less than we’ll do them for)
 
Serious question..Hopefully I get answers from someone who actually knows. Why is everyone panicking and selling? I have a chunk of money in the markets. Substantial to me (probably not to the hunttalk millionaires). When I put it in there. I knew it was the long game amd i could poasibly lose all of it. I don't really look at it much and when I do I take it with a grain of salt because the number I'm looking at isn't really mine since I'd have to sell it for the money to be in my hands I don't get too upset when it goes down anymore than I would get excited when it spikes up I was sort of understanding that is the best way to do it? Are these guys that are selling using the money for everyday income? Hopefully not a dumb question.
 
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Nick87 said:
Serious question..Hopefully I get answers from someone who actually knows. Why is everyone panicking and selling? I have a chunk of money in the markets. Substantial to me (probably not to the hunttalk millionaires). When I put it in there. I knew it was the long game amd i could poasibly lose all of it. I don't really look at it much and when I do I take it with a grain of salt because the number I'm looking at isn't really mine since I'd have to sell it for the money to be in my hands o don't get too upset when it goes down anymore than I woukd get excited when it spikes up I was sort of understanding that is the best way to do it? Are these guys that are selling using the money for everyday income? Hopefully not a dumb question.
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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 said this before in previous post, you need to have a plan not a portfolio. If you’re highly dependent for your income in retirement on your stock portfolio, then you’ve haven’t 1) got enough diversification, as no one should be very heavy equities towards their pre or in retirement years 2) they don’t have enough emergency savings or other income sources to plan for events like this.

If you can’t stomach up and down’s of the market, you shouldn’t be in it.

The markets always come back up again with time. See my previous post where Warren Buffett said “The stock market is a device for transferring money from the impatient to the patient.”

Keep doing what you’re doing.
 
mxracer317 said:
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 said this before in previous post, you need to have a plan not a portfolio. If you’re highly dependent for your income in retirement on your stock portfolio, then you’ve haven’t 1) got enough diversification, as no one should be very heavy equities towards their pre or in retirement years 2) they don’t have enough emergency savings or other income sources to plan for events like this.

If you can’t stomach up and down’s of the market, you shouldn’t be in it.

The markets always come back up again with time. See my previous post where Warren Buffett said “The stock market is a device for transferring money from the impatient to the patient.”

Keep doing what you’re doing.
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I guess the difference is I put it in there for way down the road and some folks are probably at that point or closer to it is probably a lot of it.
 
Nick87 said:
I guess the difference is I put it in there for way down the road and some folks are probably at that point or closer to it is probably a lot of it.
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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.
 
Nick87 said:
Serious question..Hopefully I get answers from someone who actually knows. Why is everyone panicking and selling? I have a chunk of money in the markets. Substantial to me (probably not to the hunttalk millionaires). When I put it in there. I knew it was the long game amd i could poasibly lose all of it. I don't really look at it much and when I do I take it with a grain of salt because the number I'm looking at isn't really mine since I'd have to sell it for the money to be in my hands I don't get too upset when it goes down anymore than I would get excited when it spikes up I was sort of understanding that is the best way to do it? Are these guys that are selling using the money for everyday income? Hopefully not a dumb question.
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Not dumb.
As someone told me, you only make/ lose money when you sell.

Also if your invested in something with a dividend and reinvest that then there’s nothing really to worry about.

I feel some stock will be better than the dollar
 
mxracer317 said:
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 a deal on things in life, but when the market goes on deal they’re opposed to it.

I sincerely hope you can find opportunity in this “sale”. Now is the time to buy.
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I mostly agree with your posts. People get WAY too scared by events throughout the year and I've said the same thing as you in previous posts. This tariff stuff though is different. If Trump doesn't flinch on these tariffs, I feel like we will go a LOT lower. I think 40-50% is very possible. If he reverses course though and we get something reasonable with tariffs, then I think we'll go to new highs this year. A CRAZY wide range of outcomes.
 
mxracer317 said:
Bad advice. Timing the market is impossible. You’ll potentially miss out on rally’s. Stay the course.
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Nobody gave that advice. That being said, I hear what you're saying. IMO, it all depends on Trump. And that is nearly impossible to know. I would think he's going to start hearing from his rich buddies though that they don't like the market going down 4-5% multiple days.
 
Flatrock said:
I mostly agree with your posts. People get WAY too scared by events throughout the year and I've said the same thing as you in previous posts. This tariff stuff though is different. If Trump doesn't flinch on these tariffs, I feel like we will go a LOT lower. I think 40-50% is very possible. If he reverses course though and we get something reasonable with tariffs, then I think we'll go to new highs this year. A CRAZY wide range of outcomes.
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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.
 
mxracer317 said:
This is what i do daily for a living. Smart retirees will have diversification and other sources of income.
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Yah I have a pension and a employer paid 401. I just got tired of my savings not keeping up with inflation so I put about ~25% in stocks 40% in CD savings amd the rest is in regular savings as our emergency fund.
 
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