As of today officially out of the stock market, buying BTC and PM,S

(40-30)/30=33% All percentage increases should be shown as annualized too.

 

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So that time in 2011 when I bought silver from one dealer at 25x, walked it over to the next aisle, and sold it at 26x five minutes later... a 4% profit, times, let's see, 5 minutes is 1/12 of an hour, so 48% per hour, 1152% per day, 420480% per annum. Wow!

 

The market sucks ! its been torpedoed from every angle for almost 4 weeks
now and will continue the downward spiral, the war in Ukraine and Russia
being the 3rd largest oil producer in the world, do the math...LOL

 

all i know is it works for me

 

At some point, it will discount the worst and have bottomed.

FWIW, I think S&P 3,800 would be a great entry point. Which does NOT mean you shouldn't buy at levels above that. But 3,800 is my bottom target unless nukes are flying or Putin is intent on starting WW III.

 

They've done a great job but the stock to me is more of a sell than a buy. Grocery stores historically work on low margins....and I just think with Wal-Mart and Costco you have 2 deeper-pocketed goliaths out there.

 

I probably lost over 40,000 on my IRA . But our economy is strong and I’m sure it will go back up ! Putin and Russia is to blame for most of this drop , but inflation and raising interest rates are also making people drop stocks ! And really what can you do with your IRA , if you take it all out you’re taxed up the behind !

 

Is that new bank math?
$40 (minus initial investment of $30)
Would leave $10
$10 that wasnt there before.
The $30 was returned to the kitty.
I see that as 25% ROI?
$10/$30 33% works too.

Good thing I don't do the books.

 

looks like hard work to me…LOL

 

Asset allocation is your BEST friend. There is NO LAW that says any of you have to be 100% or 90% or 70% in stocks.

If the declines are too much for you (YTD, 2020, 2018, 2015, 2011, 2008).....hold more bonds and even cash (which should be earning 1.50% in a few quarters).

This decline is about the Fed, Putin, and valuations.

Yes, and don't forget valuations for the tech sector. Insane.....

You can ALWAYS asset allocate more $$$ into bonds and cash.

And if you do take $$$ out of an IRA that you don't want to (MMD), a Roth Conversion is your best friend if you qualify.

 

well Putin is begging, no more sanctions !
who does this guy think he’s fooling ? the misinformation coming out of Moscow is
almost toxic, now state owned news is
the only news available, speak out and
you have a 15 year prison sentence
handed to you, no freedom there !

 

it’s something to consider, I took a a 75K
paper loss and glad I am on the sideline
and I have just moved that over to a high yield account not got mark anything
but sure not going to get hammered either, as long as Russia is invading
I will stick it out with BTC and PMS

 

Yes. A good thing.

 

Yep. I haven't lost a penny, in realized losses.

In 2008, my 403(b) lost half its value. It came back over the next couple of years, and the monthly contributions I made near the bottom had doubled as a result.

I've hopefully got a few more years of putting money in rather than taking it out. As another astute contributor on this thread said, dips are opportunities.

 

Thanks, but since they are imaginary I can provide all I need. I know others have provide the comparison .

"In 1634, tulipmania swept through Holland. The Library of Economics and Liberty writes, "The rage among the Dutch to possess [tulip bulbs] was so great that the ordinary industry of the country was neglected, and the population, even to its lowest dregs, embarked in the tulip trade."3

A single bulb could be worth as much as 4,000 or even 5,500 florins—since the 1630s florins were gold coins of uncertain weight and quality it is hard to make an accurate estimation of today's value in dollars, but Mackay does give us some points of reference: among other things, 4 tuns of beer cost 32 florins. That's around 1,008 gallons of beer, or 65 kegs of beer. A keg of Coors Light costs around $90, and so 4 tuns of beer ≈ $4,850 and 1 florin ≈ $150.4 That means that the best of tulips cost upwards of $750,000 in today's money (but with many bulbs trading in the $50,000 - $150,000 range). By 1636, the demand for the tulip trade was so large that regular marts for their sale were established on the Stock Exchange of Amsterdam, in Rotterdam, Haarlem, and other towns.2

It was at that time that professional traders ("stock jobbers") got in on the action, and everybody appeared to be making money simply by possessing some of these rare bulbs. Indeed, it seemed at the time that the price could only go up; that "the passion for tulips would last forever." People began buying tulips with leverage, using margined derivatives contracts to buy more than they could afford. But as quickly as it began, confidence was dashed. By the end of the year 1637, prices began to fall and never looked back.5


The Bubble Bursts
By the end of 1637, the bubble had burst. Buyers announced they could not pay the high price previously agreed upon for bulbs and the market fell apart.

https://www.investopedia.com/terms/d/dutch_tulip_bulb_market_bubble.asp

 

Tulips in 1636, quite probably Non-fungible Tokens (NFT) in 2022

 

I don't know about you but, this is a coin site.

 

What ever rocks your world brother !

 

A very good thing, or you'd be fired.

The bottom line is, you made $10 on a $30 investment. Your return on investment was 33.333%, not 25%.