Oh my aching portfolio.

M_Six · 01-15-2016, 09:08 AM

More bad news. Are we about to go over the cliff again?

Needbmwpartzz · 01-15-2016, 09:15 AM

Quote:

Originally Posted by M_Six

More bad news. Are we about to go over the cliff again?

It's looking like it....world recession

eforty6_m3 · 01-15-2016, 09:16 AM

I know absolutely nothing about investing, but hope it bounces back for ya.

1MOREMOD · 01-15-2016, 09:39 AM

Should I become liquid and put it in the mattress

CANGRKE70 · 01-15-2016, 09:40 AM

This is why I diversify and also invest in property. Still taking a beating though.

08njSTEP · 01-15-2016, 09:41 AM

Buy more lotto ticks and maybe go to the OTB. I've heard some things about keno too.

MNoob · 01-15-2016, 10:23 AM

welcome to china.

John 070 · 01-15-2016, 10:28 AM

I remember back in 2009, I felt glad at least I had bought the 335i and my 50% downpay was play money from stock gains. I suppose it's always good to diversify, and also live based on your gross income, so when all else fails, you have your job lol

3GFX · 01-15-2016, 12:12 PM

Bought oil futures when the barrel was above $50....nuff said.

Long term hold for me

M_Six · 01-15-2016, 12:22 PM

Quote:

Originally Posted by 3GFX

Bought oil futures when the barrel was above $50....nuff said.

Long term hold for me

I'm trying to look long term as well. My 403b money is pretty much stuck where it is, for better or worse. I could temporarily stop contributions, but that would mean my funds wouldn't be buying stocks at record lows. Or so I'm told. I'm hoping the fact that my actual share amounts are going up like crazy turns out to be a good thing in the long run.

I wish I knew the market as well as I know computers and networking.

BwoodBMW · 01-15-2016, 12:36 PM

Buffett starting to bet big on oil is an interesting twist...

Outside of my 401k I pulled everything out of public markets last year. I'll let my 401k take a beating as I can't touch that for a long time anyways. Should be an interesting year.

3GFX · 01-15-2016, 12:41 PM

Quote:

Originally Posted by BwoodBMW

Buffett starting to bet big on oil is an interesting twist...

I leveraged Futures, meaning I'm pooped for this right now. The way I look at it, oil is finite and i'll just wait it out. Would definitely be a good buy right now.

The banks are going to get crushed shortly as well, which means a good buy time.

fhaze3 · 01-15-2016, 12:44 PM

I just put several 10's of K's into two Vanguard accounts VMMXX and VSCGX, most if it in VSCGX..It was only getting 0.02 in my savings account. Should I pull it back? Or is now the right time to get into it if I don't plan on touching it for 1-2 years?

MightyMouseTech · 01-15-2016, 12:44 PM

Quote:

Originally Posted by M_Six

I'm trying to look long term as well. My 403b money is pretty much stuck where it is, for better or worse. I could temporarily stop contributions, but that would mean my funds wouldn't be buying stocks at record lows. Or so I'm told. I'm hoping the fact that my actual share amounts are going up like crazy turns out to be a good thing in the long run.

I wish I knew the market as well as I know computers and networking.

This is the best time to make contributions?!?! Buy when everything is on sale.

M_Six · 01-15-2016, 12:51 PM

Quote:

Originally Posted by MightyMouseTech

This is the best time to make contributions?!?! Buy when everything is on sale.

That's my hope. I just hope the fund manager knows more than I do. Sometimes I wonder....

Delta0311 · 01-15-2016, 12:53 PM

I look at it as a good time to buy in.. To those that got screwed, I got this to say

Delta0311 · 01-15-2016, 12:56 PM

Quote:

Originally Posted by M_Six

That's my hope. I just hope the fund manager knows more than I do. Sometimes I wonder....

Stock analysts, about as dependable as the dude who claims he has psychic powers and can predict lotto numbers but still lives at home with mom and takes public transportation.

rjd598 · 01-15-2016, 01:00 PM

You guys really think it will go to shit? I think it's a good time to buy

Delta0311 · 01-15-2016, 01:00 PM

Stock market analysts come next week.....

Delta0311 · 01-15-2016, 01:02 PM

Quote:

Originally Posted by rjd598

You guys really think it will go to shit? I think it's a good time to buy

When it goes to shit it's always a good time to buy.. Trick is to find the companies that will bounce back.. Banks are always assholes that pull through, so that might be a good bet. Then you got utilities as a safe bet.

MightyMouseTech · 01-15-2016, 01:16 PM

Although, things are about to get much worse. Maybe wait till it really crashes.

Delta0311 · 01-15-2016, 01:18 PM

Quote:

Originally Posted by MightyMouseTech

Although, things are about to get much worse. Maybe wait till it really crashes.

Exactly

01-15-2016, 09:08 AM	#1
M_Six Free Thinker 17238 Rep 7,456 Posts Drives: 2016 MB GLC300 4matic Join Date: Jan 2009 Location: Foothills of Mt Level iTrader: (0)	Oh my aching portfolio. More bad news. Are we about to go over the cliff again? __________________ Mark markj.pics "Life is uncertain, eat bacon now." -UncleWede
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01-15-2016, 09:16 AM	#3
eforty6_m3 Colonel 714 Rep 2,028 Posts Drives: '05 M3 6MT Join Date: Mar 2011 Location: Swansea,MA iTrader: (6) Garage List 2005 BMW M3 [0.00]	I know absolutely nothing about investing, but hope it bounces back for ya. __________________ '05 BMW M3 6MT (Weekend car) Need to stock up on some detailing products or spiff up your garage, then use my Obsessed Garage link!
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01-15-2016, 09:39 AM	#4
1MOREMOD - 11818 Rep 23,187 Posts Drives: Race car-> Join Date: Mar 2009 Location: check your mirrors iTrader: (5)	Should I become liquid and put it in the mattress
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01-15-2016, 09:40 AM	#5
CANGRKE70 ΜΟΛΩΝ ΛΑΒΕ 816 Rep 172 Posts Drives: 2012 BMW X5 Join Date: May 2015 Location: Toronto iTrader: (0)	This is why I diversify and also invest in property. Still taking a beating though. __________________ Peter. Current Ride:2012 Alpine While BMW X5 35i Past Rides: 2005 Titanium Silver Metallic BMW X3 2005 Winning Blue Mica Mazda 3 1993 Milano Red Honda Prelude SR
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01-15-2016, 09:41 AM	#6
08njSTEP Captain 795 Rep 762 Posts Drives: '07 335i, '66 SS396 Chevelle Join Date: Dec 2015 Location: Manchester, NH iTrader: (0)	Buy more lotto ticks and maybe go to the OTB. I've heard some things about keno too.
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01-15-2016, 10:23 AM	#7
MNoob Grand Duke 1540 Rep 1,114 Posts Drives: 2023 M4CSL Join Date: Dec 2015 Location: NorCal iTrader: (1) Garage List 2024 BMW X3MC [10.00] 2005 Lotus Elise [10.00] 2023 BMW M4 CSL [10.00]	welcome to china. __________________ 2023 M4CSL 2005 Lotus Elise
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01-15-2016, 10:28 AM	#8
John 070 Lieutenant General 1707 Rep 14,829 Posts Drives: 335i cpe Join Date: Oct 2006 Location: ZSP/ZPP/ZCW iTrader: (0)	I remember back in 2009, I felt glad at least I had bought the 335i and my 50% downpay was play money from stock gains. I suppose it's always good to diversify, and also live based on your gross income, so when all else fails, you have your job lol
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01-15-2016, 12:12 PM	#9
3GFX Captain 723 Rep 912 Posts Drives: 2003 BMW Z4 3.0i Join Date: Sep 2015 Location: Ontario iTrader: (0)	Bought oil futures when the barrel was above $50....nuff said. Long term hold for me
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01-15-2016, 12:36 PM	#11
BwoodBMW Colonel 1861 Rep 2,536 Posts Drives: EFFEIGHTY Join Date: Apr 2010 Location: LA LA land iTrader: (0)	Buffett starting to bet big on oil is an interesting twist... Outside of my 401k I pulled everything out of public markets last year. I'll let my 401k take a beating as I can't touch that for a long time anyways. Should be an interesting year.
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01-15-2016, 12:44 PM	#13
fhaze3 GLG-20 189 Rep 371 Posts Drives: 18 Ram 2500 Ltd,e30 M52 Track Join Date: Mar 2014 Location: North Georgia iTrader: (1)	I just put several 10's of K's into two Vanguard accounts VMMXX and VSCGX, most if it in VSCGX..It was only getting 0.02 in my savings account. Should I pull it back? Or is now the right time to get into it if I don't plan on touching it for 1-2 years?
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01-15-2016, 12:53 PM	#16
Delta0311 Banned 7478 Rep 10,120 Posts Drives: 2011 BMW 335xi E92 2016 228xi Join Date: Apr 2009 Location: NJ iTrader: (1)	I look at it as a good time to buy in.. To those that got screwed, I got this to say Attached Images
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01-15-2016, 01:00 PM	#18
rjd598 Banned 1770 Rep 6,696 Posts Drives: F30 340i Join Date: Jan 2009 Location: San Diego,CA iTrader: (2) Garage List 2016 BMW 340i [0.00]	You guys really think it will go to shit? I think it's a good time to buy
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01-15-2016, 01:16 PM	#21
MightyMouseTech Major General 4338 Rep 6,196 Posts Drives: 13 135i 6MT LeMans Blue MSport Join Date: Feb 2013 Location: Ottawa, Canada iTrader: (0)	Although, things are about to get much worse. Maybe wait till it really crashes.
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