Parabolic rise in price never ends well. Look for about a 48% drop over the next year or so.

Gold stocks are really the only play here, other than going to cash.

Parabolic rise in price never ends well. Look for about a 48% drop over the next year or so.

Gold stocks are really the only play here, other than going to cash.

It's almost like big players cause these things for their own benefit.

Da Fug is going on? They're saying it's because of the salary increase and good Jan job numbers.

Are there any good sources to read on this other than Yahoo!'s finance?

48% huh?

Not 50. But 48.

Trump warned about this bubble, hoping it popped before he took charge. He shouldn’t have claimed credit for the rise since his election because now he gets blamed for the pop.

Put on your tinfoil boyos.


Q Anon said it was a warning (from the deep state/elite) to DJT who released the memo that day. Pretty convenient that it dropped 666. Deep state is warning him not to sink them. Lots of odd things happening, like the rothchilds had to sell austrian property larger than manhatten just now... Why though, they are trillionaires ... Unless their funds have been frozen by Trump because of his latest EO, and they needed some quick cash so they had a firesale...




Who knows though, thats just what Q said.

/tinfoil

Yeah could be the correction. I wonder how many market experts were completely thrown for a loop about it/don't know what to say about it? (I don't have time for market research I'm busy with other things right now)

For the kids ITT wondering “wut do?”

I’ll pretty much sill stick with my 2013 post




Now I’d add if you have an employer matching 401(k) contributions do that first


If you aren’t market savvy stick with index fund etf’s

For the ira I’d go with above or a targeted retirement fund such as vanguard’s

https://investor.vanguard.com/mutual...-retirement/#/



As far as timing goes stick with dollar cost averaging and disregard these swings.



Also never mix political beliefs with investing.

^^^^ This. His ego got the better of him.

He watches P/E ratios. Corrections usually come with over corrections.

I would expect 35%, but who knows for sure.

He watches P/E ratios. Corrections usually come with over corrections.

I would expect 35%, but who knows for sure.

For the kids ITT wondering “wut do?”

I’ll pretty much sill stick with my 2013 post




Now I’d add if you have an employer matching 401(k) contributions do that first


If you aren’t market savvy stick with index fund etf’s

For the ira I’d go with above or a targeted retirement fund such as vanguard’s

https://investor.vanguard.com/mutual...-retirement/#/



As far as timing goes stick with dollar cost averaging and disregard these swings.



Also never mix political beliefs with investing.

Trump's fault.


And Russians'.

And republicans'


p.s.
If tomorrow market goes to a new all time high again it will be because of Obama. Got it? This is how it works: anything bad happens = Trump's fault. Anything good happens = Obama's doing, Trump had nothing to do with it.

I had read that too. Interesting theory.

I think 35% is too high. The tax cut news alone would have boosted the baseline from Obummer 10%. I'll say if the full correction comes, we get no lower than 19k. Although testing 22k and then 20k will be downright scary.

Would that be 35.0%?

I'm going to make this list based on the assumption you will get kids and a wife at some point

FIRST OF ALL- PLAN YOUR MONTHLY BUDGET, AND LIVE BY IT(20% LESS THAN YOUR BRING HOME MONTHLY INCOME)

Then follow these steps, do not proceed to the next step until the previous step is complete

1. Acquire life insurance- 20 yrs or longer term(not the whole life crap) you want it to last long enough until your youngest is 18, so if you don't have kids yet, maybe get a 30yr term now. You want to get it while your younger and health

2. Acquire long term disability insurance. This one is debateable, I personally would get it.

3. Save an emergency fund- enough liquidity for you go go 6 months without working if something happens

4. eliminate all debt(except in some cases home mortgage)- math will tell you some debt is ok, whatever- buy it or do without

5. start a roth IRA or regular IRA depending on what you qualify for. If you qualify for a Roth, do it, once you make enough money, you will no longer qualify for it. Save 15% towards retirement

6. If you are living by above budget(20% less than monthly bring home) you should start acquiring excess money monthly to either buy a house with, or invest more aggressively. This is also the money you can start your own buisness with.

Since you are still single, you have the opportunity to be smart about your pick for a sqouse. You can find someone you love of coarse, but there are plenty to choose from that are also financially conservative, and make money. Get their credit report before you get serious. I know love is love, but there are millions to choose from that keep their money in order..

Dave Ramsey listener detected. I like him too. Best thing that ever happened to my financial life was discovering him about 15 years ago.

Even if you are market savvy, an index fund and targeted retirement funds offer very low fees and over the long term, index funds outperform something like 80% of the actively managed funds (if memory serves).

Da Fug is going on? They're saying it's because of the salary increase and good Jan job numbers.

Are there any good sources to read on this other than Yahoo!'s finance?

Dave Ramsey listener detected. I like him too. Best thing that ever happened to my financial life was discovering him about 15 years ago.

Even if you are market savvy, an index fund and targeted retirement funds offer very low fees and over the long term, index funds outperform something like 80% of the actively managed funds (if memory serves).

I’ve read a few of his books amongst many other personal finance books.

Listened to him a few times.

I don’t fully subscribe to his approach, and actually disagree with certain aspects, however that being said I think for a majority of people on this forum and people struggling with personal finances his approach is great advice.

I often give any managers I have struggling with personal finances one of his books, along with some of my new younger managers that are up-and-coming.

For certain people I thing Ramsay’s approach is too restraining for greatness.

Of the radio talking heads I used to like Mike Kavanagh(RIP) allot.

yeah Ramsay is Personal Finance for Dummies.

Maybe trump will pay for the wall with the funds from evil people like them. And maybe give every american a slice of the recovered funds... THAT would be the best gift ever and get trump 3 more terms (2 as VP or something). This sentence is purelyMY speculation and hope

Im pretty ignorant about these things, we use a family friend for our investments and he's been really good over the years. i'm going to talk to him tonight but I'm curious as to why people getting paid more, good job numbers is bad for us. I would have thought people earning more and likely spending more would be good for the economy?

Obviously not.....

Wouldn't be so bad if his listeners realized that it was personal finance for Dummies.

Instead most seem to take it as the bible and try to thump you ever the head with it.