*Investors Blog*

[02SE]

Taxes filed. I actually got the free version via Fido and it allowed me to do the two businesses plus ACA only nailed me for the wife

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Every year (and quarter) I think about what I would do with the money I am strongly encouraged to pay.

 

[John105]

I doubt this is a one day and done and right back up tomorrow kind of thing. I'm gonna wait a bit more to buy qqq and spy again. Let the waters calm down some in case something is announced against the US which would harm gdp projections more and bring everything down even more.

Right now countries are bolstering relations and trade agreements with each other with effort not seen in a long time. If we don't see them bend the knee and get rid of their tariffs in exchange for us getting rid of ours in a few weeks or less then they're likely to have made progress on a cooperation agreement and will then come out with that afterwards. I'm fine with waiting and buying in a bit higher like 2-5% if the alternative is buying in now and being down 5-15% if not more since market pain isn't linear and once it hits a certain point it's pandemonium. Leverage is also a reason for the elevated pain, It's like opium to the markets. People are calling this a "crash" but this is childs play compared to how bad it really can be.

All good points. Times like these many of the “ why would I want to pay off a loan” I can invest it and get higher than that folks are eerily silent or MIA.

The one thing I would add is we can’t know the inflection points. Those who do are not reading this thread.

There has never been a time to sell out in my lifetime (started investing 1994). Hope that statement continues to ring true.

 

[JeffKeryk]

Loving today, buying broad market.

I hope it works out for you. Others, such as people in retirement, may not be as happy.
Price increases will compound problems. Social Security checks will not go as far... Do I buy medication or food?
I wonder what the overall hit to 401K accounts looks like?

I'm sure people like you and me will be fine. Others, not so much especially if they don't have time to recover.

 

[JavierH19]

So this is the new investment thread? Why start a new thread??

Oh yeah. Forgot we had one on here.

 

[Pablo]

I hope it works out for you. Others, such as people in retirement, may not be as happy.
Price increases will compound problems. Social Security checks will not go as far... Do I buy medication or food?
I wonder what the overall hit to 401K accounts looks like?

I'm sure people like you and me will be fine. Others, not so much especially if they don't have time to recover.

Pay the piper.

If people in retirement are down over 1%, then that's on them. If 1 % is harmful, that's on them.

You love taxes. You say it all the time. People must pay the piper. Think long term anyway. This is not a tax that certain people thought of so YOU don't like it. But you think the last X years were for free?

 

[JHZR2]

I hope it works out for you. Others, such as people in retirement, may not be as happy.
Price increases will compound problems. Social Security checks will not go as far... Do I buy medication or food?
I wonder what the overall hit to 401K accounts looks like?

I'm sure people like you and me will be fine. Others, not so much especially if they don't have time to recover.

I’m paying for those as checks… including those 2.5% raises this year. Costs increasing harms everyone. SS recipients have a better shot at a COLA than many employees.

If a retiree is in that much need, they should have had a more conservative position. There has been plenty of 3-4% interest opportunities for those folks. So they don’t have the direct hit in that case. Not to sound callous, but that’s a pretty fundamental facet of financial planning.

 

[JHZR2]

But you think the last X years were for free?

Unfortunately my kids, who are all very young, will be paying for it long into the future.

 

[JeffKeryk]

Pay the piper.

If people in retirement are down over 1%, then that's on them. If 1 % is harmful, that's on them.

You love taxes. You say it all the time. People must pay the piper. Think long term anyway. This is not a tax that certain people thought of so YOU don't like it. But you think the last X years were for free?

Pablo, I won't tell you my portfolio's drop today; but you can guess it ain't chump change. Regardless, my lifestyle will not change but other's certainly will.
Is it "on them"? Perhaps. Personally I have compassion for my fellow man. That's on me.

And these tariffs are a self-inflicted wound. A wound felt around the world.

 

[Pablo]

Pablo, I won't tell you my portfolio's drop today; but you can guess it ain't chump change. Regardless, my lifestyle will not change but other's certainly will.
Is it "on them"? Perhaps. Personally I have compassion for my fellow man. That's on me.

And these tariffs are a self-inflicted wound. A wound felt around the world.

So you are basically saying USA should continue to be the trade patsy and we will just pay the debt down in dreamland.

Other countries can have tariffs but we can't makes no sense

 

[Zee09]

I prefer to say a wake up call that the USA will no longer be victimized by the rest of the world.

 

[cptbarkey]

I would say this thread deserves its own topic. The other one is full of daytrader nonsense at the moment.

 

[JHZR2]

Pablo, I won't tell you my portfolio's drop today; but you can guess it ain't chump change. Regardless, my lifestyle will not change but other's certainly will.
Is it "on them"? Perhaps. Personally I have compassion for my fellow man. That's on me.

And these tariffs are a self-inflicted wound. A wound felt around the world.

Yeah but your comment was on someone who relies on SSI checks to make a decision between medicine and food.

That person, if they have savings, has a far different risk profile than a pensioner (I get it that pension funds will be hurting today too), or someone with other wealth. The decisions they do with money will vary. If you as a retiree can take so much risk to get a big drop, then you’re not the case you make. and that’s great. But don’t cry over it, you know why youre invested that way, and why the case you claimed can’t.

I have an extremely long time horizon and need to be in those 20 best days that are the difference between big gains and losses over long periods of time. Buying on down days amplifies it.

If I was retired and close to being out of money, I wouldn’t be aggressively invested in growth equities. Nor anyone else.

 

[JeffKeryk]

I’m paying for those as checks… including those 2.5% raises this year. Costs increasing harms everyone. SS recipients have a better shot at a COLA than many employees.

If a retiree is in that much need, they should have had a more conservative position. There has been plenty of 3-4% interest opportunities for those folks. So they don’t have the direct hit in that case. Not to sound callous, but that’s a pretty fundamental facet of financial planning.

Yes, cost increases hurt everyone, but not equally.
Sure, many (most?) people do not adequately prepare for their retirement. But they gotta eat too. And in tough times, crime goes up, which we all pay for.

Just my opinion.

 

[PWMDMD]

I prefer to say a wake up call that the USA will no longer be victimized by the rest of the world.

There were more nuanced and non-bridge-burning ways to accomplish this while maintaining soft power and supporting the markets and economy. Especially with a former friends and partners.

 

[Zee09]

Yes, cost increases hurt everyone, but not equally.
Sure, many (most?) people do not adequately prepare for their retirement. But they gotta eat too. And in tough times, crime goes up, which we all pay for.

Just my opinion.

Being careful here but we imported a bunch of crime too duty free.

 

[JeffKeryk]

Yeah but your comment was on someone who relies on SSI checks to make a decision between medicine and food.

That person, if they have savings, has a far different risk profile than a pensioner (I get it that pension funds will be hurting today too), or someone with other wealth. The decisions they do with money will vary. If you as a retiree can take so much risk to get a big drop, then you’re not the case you make. and that’s great. But don’t cry over it, you know why youre invested that way, and why the case you claimed can’t.

I have an extremely long time horizon and need to be in those 20 best days that are the difference between big gains and losses over long periods of time. Buying on down days amplifies it.

If I was retired and close to being out of money, I wouldn’t be aggressively invested in growth equities. Nor anyone else.

Sorry if it sounded that way. I meant on a much larger scale.

 

[Zee09]

There were more nuanced and non-bridge-burning ways to accomplish this while maintaining soft power and supporting the markets and economy. Especially with a former friends and partners.

When we quit paying other countries ways we no longer have friends or partners...it's all take.

 

[JavierH19]

I'm gonna hold off a bit before buying more index etf's. The day after the volatility started is rarely the day it's done.

 

[JHZR2]

Sorry if it sounded that way. I meant on a much larger scale.

Sure it’s larger scale. A lot more Americans, including those living in $$$ houses with fancy jobs, live paycheck to paycheck. And costs affect everyone.

But point is the intent to take risk, because largest scale, the matter was the big drops in the markets. And for anyone who can be in a long position, drops are buying positions. Being frugal enough to not need to pull from those positions as much in lean years is part of the game.

 

[JHZR2]

I'm gonna hold off a bit before buying more index etf's. The day after the volatility started is rarely the day it's done.

That’s fair, but it’s also generally folly to time the market. And in my retirement account, transactions close at COB so it’s hard to be more agile.