b_m_b_m_b_m Posted March 4, 2021 Author Share Posted March 4, 2021 Just now, CitizenVectron said: My index funds have gone up about .5% since last month. You actually look at your index fund performance? Heretic Quote Link to comment Share on other sites More sharing options...
Joe Posted March 4, 2021 Share Posted March 4, 2021 Some people I know are acting like the market is crashing, but this isn’t even remotely close to a crash. The S and P and Dow look totally fine. Seems to me like biotech and tech in general are getting a much deserved correction. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 4, 2021 Share Posted March 4, 2021 19 minutes ago, b_m_b_m_b_m said: You actually look at your index fund performance? Heretic I keep a spreadsheet with amounts at the end of each month. I'm able to do it because I have the willpower to not be spooked and withdraw. It sucks seeing it drop 5% in a month if there is a big downswing, but I know it will just go back up. I have a pretty high risk tolerance at this point, though, since these funds will be growing for another 20-30 years. Obviously every few years (especially closer to retirement) I will create a slowly-more-conservative portfolio. Quote Link to comment Share on other sites More sharing options...
Jason Posted March 4, 2021 Share Posted March 4, 2021 8 minutes ago, CitizenVectron said: I keep a spreadsheet with amounts at the end of each month. I'm able to do it because I have the willpower to not be spooked and withdraw. It sucks seeing it drop 5% in a month if there is a big downswing, but I know it will just go back up. I have a pretty high risk tolerance at this point, though, since these funds will be growing for another 20-30 years. Obviously every few years (especially closer to retirement) I will create a slowly-more-conservative portfolio. My actual retirement fund (as opposed to my YOLO BLIAQ buying brokerage stuff) is just on a target retirement date option that automatically shifts from more to less risk as it gets closer to the target date, no need to remember to manage it every few years. Quote Link to comment Share on other sites More sharing options...
Brian Posted March 4, 2021 Share Posted March 4, 2021 30 minutes ago, Joe said: Some people I know are acting like the market is crashing, but this isn’t even remotely close to a crash. The S and P and Dow look totally fine. Seems to me like biotech and tech in general are getting a much deserved correction. Basically all of FinTwits favorites are being wrecked. All those GME and AMC tendies going up in flames. If you own good stocks, lower your position if possible. If not, then wait it out. This is a normal correction like we saw last year. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 40 minutes ago, Joe said: Some people I know are acting like the market is crashing, but this isn’t even remotely close to a crash. The S and P and Dow look totally fine. Seems to me like biotech and tech in general are getting a much deserved correction. It's all small caps, not any specific sector as far as I can tell. Some are being hit harder than others, sure, but, it's pretty bloody out there today. Quote Link to comment Share on other sites More sharing options...
GeneticBlueprint Posted March 4, 2021 Share Posted March 4, 2021 26 minutes ago, CitizenVectron said: I keep a spreadsheet with amounts at the end of each month. I'm able to do it because I have the willpower to not be spooked and withdraw. It sucks seeing it drop 5% in a month if there is a big downswing, but I know it will just go back up. I have a pretty high risk tolerance at this point, though, since these funds will be growing for another 20-30 years. Obviously every few years (especially closer to retirement) I will create a slowly-more-conservative portfolio. I also have the willpower. And I look every day. My portfolio went down 16% in one week. Not index funds though. Just individual stocks. Quote Link to comment Share on other sites More sharing options...
Guest Posted March 4, 2021 Share Posted March 4, 2021 42 minutes ago, CitizenVectron said: I keep a spreadsheet with amounts at the end of each month. I'm able to do it because I have the willpower to not be spooked and withdraw. It sucks seeing it drop 5% in a month if there is a big downswing, but I know it will just go back up. I have a pretty high risk tolerance at this point, though, since these funds will be growing for another 20-30 years. Obviously every few years (especially closer to retirement) I will create a slowly-more-conservative portfolio. Does your account interface not do that sort of data tracking for you? Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 2 minutes ago, sblfilms said: Does your account interface not do that sort of data tracking for you? Even discount-brokerage apps like Webull let me see all that stuff without having to manually keep a journal. Personally, I'd only start keeping a trading journal if I started using multiple brokerages. Quote Link to comment Share on other sites More sharing options...
CitizenVectron Posted March 4, 2021 Share Posted March 4, 2021 14 minutes ago, sblfilms said: Does your account interface not do that sort of data tracking for you? They do, but I have different investments in a few different places. My old work had an RRSP (401k) program I paid into, and it's locked-in there. My new work has an even better program (match 100% of my contributions up to 7.5% of my gross salary), so it's in a different place. And then I have investments in a TFSA (Roth IRA?) on my own. Easier to just make a spreadsheet with a single entry for each, each month. Quote Link to comment Share on other sites More sharing options...
Comet Posted March 4, 2021 Share Posted March 4, 2021 Powell just said to expect temporary inflation at some point. Uh oh Quote Link to comment Share on other sites More sharing options...
b_m_b_m_b_m Posted March 4, 2021 Author Share Posted March 4, 2021 8 minutes ago, Comet said: Powell just said to expect temporary inflation at some point. Uh oh As a debtor, bring it on. Quote Link to comment Share on other sites More sharing options...
Comet Posted March 4, 2021 Share Posted March 4, 2021 9 minutes ago, Comet said: Powell just said to expect temporary inflation at some point. Uh oh Fed Chairman Powell says economic reopening could cause inflation to pick up temporarily WWW.CNBC.COM Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted March 4, 2021 Share Posted March 4, 2021 Some inflation isn't a bad thing Quote Link to comment Share on other sites More sharing options...
Guest Posted March 4, 2021 Share Posted March 4, 2021 7 minutes ago, Air_Delivery said: Some inflation isn't a bad thing It really just depends on what and why. But I’ve got a $3.5 million dollar loan with a nominal interest rate of 3% so LETS PUMP THOSE INFLATION NUMBERS UP Quote Link to comment Share on other sites More sharing options...
Brian Posted March 4, 2021 Share Posted March 4, 2021 Trump would have tweeted “Powell needs to be fired. Fuck the fed. Economy is 🚀. Buy the dip, bitches” and the market would have reversed course and been green across the board. Someone either unban Trump from Twitter or wake up sleepy Joe. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 On 2/9/2021 at 9:27 PM, ManUtdRedDevils said: Now there's almost 50 1 Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 JFC AMC and GME are at it again Quote Link to comment Share on other sites More sharing options...
Brian Posted March 4, 2021 Share Posted March 4, 2021 LTNC Quote Link to comment Share on other sites More sharing options...
Commissar SFLUFAN Posted March 4, 2021 Share Posted March 4, 2021 The Fed -- like all other sensible humans -- obviously sees little-to-no risk of "runaway inflation" in 2021. Suck on that, Larry. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 I made a Stocktwits account and already regret it. It’s like WSB and the Webull comment section had a baby. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted March 4, 2021 Share Posted March 4, 2021 3 minutes ago, Spork3245 said: I made a Stocktwits account and already regret it. It’s like WSB and the Webull comment section had a baby. WSB is actually fun and occasionally has useful information. Stocktwits is literally the dregs. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 4, 2021 Share Posted March 4, 2021 Waitr, a food delivery app, is expanding into cannabis delivery. What a time to be alive. Quote Link to comment Share on other sites More sharing options...
Kal-El814 Posted March 4, 2021 Share Posted March 4, 2021 4 hours ago, ManUtdRedDevils said: Someone either unban Trump from Twitter or wake up sleepy Joe. Get out. 1 Quote Link to comment Share on other sites More sharing options...
Jason Posted March 4, 2021 Share Posted March 4, 2021 28 minutes ago, Kal-El814 said: Get out. STOP TRYING TO CANCEL HIM Quote Link to comment Share on other sites More sharing options...
Massdriver Posted March 5, 2021 Share Posted March 5, 2021 Growth is taking it hard, particularly tech and biotech. My small cap value tilt is really showing its utility right now. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted March 5, 2021 Share Posted March 5, 2021 1 hour ago, Massdriver said: Growth is taking it hard, particularly tech and biotech. My small cap value tilt is really showing its utility right now. My oil stocks are the only thing that is mitigating the damage in my portfolio. Oh and my 5 shares of GME Quote Link to comment Share on other sites More sharing options...
Guest Posted March 5, 2021 Share Posted March 5, 2021 Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted March 5, 2021 Share Posted March 5, 2021 Ayyyye I found an extra $900 in an account I forgot I hadn't emptied. I say, holler at your fucking boy. We going tendies forthwith. Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted March 5, 2021 Share Posted March 5, 2021 2 hours ago, Fizzzzle said: Ayyyye I found an extra $900 in an account I forgot I hadn't emptied. I say, holler at your fucking boy. We going tendies forthwith. Sounds like 6 GME shares to me *Not financial advice. I'm merely a typing monkey Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted March 5, 2021 Share Posted March 5, 2021 1 minute ago, Air_Delivery said: Sounds like 6 GME shares to me *Not financial advice. I'm merely a typing monkey It'll probably be Monday or Tuesday by the time I can use it, so GME might be back in the toilet by then Quote Link to comment Share on other sites More sharing options...
Air_Delivery Posted March 5, 2021 Share Posted March 5, 2021 15 minutes ago, Fizzzzle said: It'll probably be Monday or Tuesday by the time I can use it, so GME might be back in the toilet by then Yeah don't gamble if you are gonna use it. Quote Link to comment Share on other sites More sharing options...
Spork3245 Posted March 5, 2021 Share Posted March 5, 2021 NVIV is ripping in pm and I have no idea why. Not complaining, it’s nice to see green. Quote Link to comment Share on other sites More sharing options...
Anathema- Posted March 5, 2021 Share Posted March 5, 2021 8 hours ago, Fizzzzle said: Ayyyye I found an extra $900 in an account I forgot I hadn't emptied. I say, holler at your fucking boy. We going tendies forthwith. buy some flour for your wings Quote Link to comment Share on other sites More sharing options...
Fizzzzle Posted March 5, 2021 Share Posted March 5, 2021 2 minutes ago, Anathema- said: buy some flour for your wings Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.