BigHornRam
Well-known member
Ukraine attack: Hundreds arrested in anti-war protests in Russia
Russian police arrest nearly 1,400 protesters at rallies against invasion of Ukraine.
Anybody Buying Yet? Where’s the Bottom?
- Thread starter NEWHunter
- Start date
BigHornRam
Well-known member
Putin will ultimately regret his decision IMO. Maybe he's just plain nuts.
Addicting
Well-known member
So what do I do with my 401k? Park it from further loss or double down?
SAJ-99
Well-known member
Always better to ride out the volatility than to park it in cash. Especially if you don't need it anytime soon. Valuations look a lot better here at S&P 4300 than they did at the end of the year when it was 4800. I am more comfortable putting long-term money to work here, but it could be a crazy ride.
Agreed. Especially on the last part. Will probably be a wild month or 3.
I've been buying the last few weeks and this morning. Would still like to see a 2-3 day bloodbath where we lose 2,000-3,000+ points on the Dow but that doesn't always happen. Streets are bloody now but could always get worse. Need the crystal ball on that though.
Unless things get a lot worse with the Ukraine situation and the inflation/Fed, I strongly believe we'll be in the green at the end of the year. S&P 5,000 wouldn't surprise me if things just get back to semi-normal.
BigHornRam
Well-known member
Break open your piggy bank. Could be any day now.
Taiwan warns Chinese aircraft in its air defence zone
Taiwan's air force scrambled again to warn away nine Chinese aircraft, as Taipei closely watches the Ukraine crisis.
BigHornRam
Well-known member
Xi and Vlad swapping spit at the Olympics.
www.aljazeera.com
Xi and Putin show united front amid spiralling tensions with West
Chinese president holds his first face-to-face meeting with a world leader in nearly two years.
noharleyyet
Well-known member
Good third party read.
www.indiatoday.in
Ukraine: The economic significance for Russia and the West | Deep Dive
Ukraine's geostrategic position has rendered it vulnerable to the ongoing tensions between the West and Russia.
BigHornRam
Well-known member
Another good read....from the NYT
www.nytimes.com
Ukraine Gave Up a Giant Nuclear Arsenal 30 Years Ago. Today There Are Regrets. (Published 2022)
When the Soviet Union collapsed, Ukraine turned over thousands of atomic weapons in exchange for security guarantees from Russia, the United States and other countries.
@BigHornRam what's the point of all your articles? Just to read them for funzies or is it supposed to be related to investing? Political reasons?
Its casual reading material, as is @noharleyyet 's contribution to the thread re: Ukraine.
This has been a great thread and as many investors are aware, global developments take markets on Mr. Toad's wild ride.
It's a choice to read or not.
BigHornRam
Well-known member
A world war might have an impact on your investments. Don't have to educate yourself if that is your prerogative.
I couldn’t disagree more. It took over 15 years for the Nasdaq-100 to recover from the dot com crash. We owe it to our children and grandchildren to manage their wealth better than that.
SAJ-99
Well-known member
Your choice. You could have cited Japan’s Nikki in the 90’s as an even better example. Neither of the examples alone are diversified portfolios. And you should have dollar-cost averaged in over the whole recovery time period as it would be irresponsible to go all-in at a single time.
Let us know how your choice works out for you.
I am doing extremely well relative to the S&P 500. When the bottom is in, I'll have more capital than when it topped. People (not saying you) who follow the Dave Ramsey plan of just buying growth stock mutual funds and holding till retirement could get wiped out and take years to recover. Anyone with hard earned capital owes it to themselves and their beneficiaries to learn when to take equity risk off the table and when to back up the truck. Bonds aren't risk free either BTW.
Wars have historically been great buying opportunities. Could we go down to S&P 3500 if things go bad with Russia/Ukraine and China/Taiwan? Absolutely. Maybe things don't go quite so bad though and we don't go that low. I have zero idea what Putin and Xi are going to do and how that will affect markets in the next 3 months. I do believe they'll be higher a year from now though.
Markets historically trend up. Most of the time, that's a really tough trend to fight.
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I did FPU about 13 years ago. That was the advice he gave at the time. Maybe he gives different advice now.
BigHornRam
Well-known member
Good luck with your investments then.
