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Stock Market Crash #2029884
02/16/17 11:05 AM
02/16/17 11:05 AM
Joined: Feb 2015
Posts: 7,200
Meridianville
DryFire Offline OP
14 point
DryFire  Offline OP
14 point
Joined: Feb 2015
Posts: 7,200
Meridianville
Finally got my self directed IRA set up with Fidelity. I'm about to get back into the market, which probably means it will go down 2000 or more points in the next six months.

Sell now and lock in your gains. You've been warned.

Re: Stock Market Crash [Re: DryFire] #2029888
02/16/17 11:07 AM
02/16/17 11:07 AM
Joined: Dec 2008
Posts: 972
Shelby County
BibbCounty Offline
6 point
BibbCounty  Offline
6 point
Joined: Dec 2008
Posts: 972
Shelby County
HA! sounds like we have the same kind of luck in general !

Re: Stock Market Crash [Re: DryFire] #2029908
02/16/17 11:20 AM
02/16/17 11:20 AM
Joined: Oct 2000
Posts: 14,914
Right Behind You
W
William Online content
Booner
William  Online Content
Booner
W
Joined: Oct 2000
Posts: 14,914
Right Behind You
It's inevitable. The Fed has kept interest rates so low for so long, the stock market is artificially inflated with a ton of free money. At some point sometime soon, all that has to end.


"The misery of being exploited by capitalists is nothing... compared to the misery of not being exploited at all."

Joan Robinson
Re: Stock Market Crash [Re: William] #2029910
02/16/17 11:21 AM
02/16/17 11:21 AM
Joined: Nov 2011
Posts: 21,782
USA
R
Remington270 Offline
Freak of Nature
Remington270  Offline
Freak of Nature
R
Joined: Nov 2011
Posts: 21,782
USA
Originally Posted By: William
It's inevitable. The Fed has kept interest rates so low for so long, the stock market is artificially inflated with a ton of free money. At some point sometime soon, all that has to end.


Correct. It's a house of cards. This economy is so weak it couldn't fight its way out of a wet paper sack.

Re: Stock Market Crash [Re: William] #2029921
02/16/17 11:30 AM
02/16/17 11:30 AM
Joined: Feb 2013
Posts: 8,398
A
Atoler Offline
14 point
Atoler  Offline
14 point
A
Joined: Feb 2013
Posts: 8,398
Originally Posted By: William
It's inevitable. The Fed has kept interest rates so low for so long, the stock market is artificially inflated with a ton of free money. At some point sometime soon, all that has to end.


Yep

Re: Stock Market Crash [Re: DryFire] #2029929
02/16/17 11:32 AM
02/16/17 11:32 AM
Joined: Nov 2015
Posts: 14,089
Chilton County
M
MarksOutdoors Offline
Booner
MarksOutdoors  Offline
Booner
M
Joined: Nov 2015
Posts: 14,089
Chilton County
I've actually been concerned about this now that it is starting to heat up and has broken 20K. My 401K is looking pretty good now and figure it will all fall apart about 6 months before I retire.


"The true soldier fights not because he hates what is in front of him, but because he loves what is behind him."
-G. K. Chesterton
Re: Stock Market Crash [Re: DryFire] #2029950
02/16/17 11:47 AM
02/16/17 11:47 AM
Joined: Feb 2015
Posts: 7,200
Meridianville
DryFire Offline OP
14 point
DryFire  Offline OP
14 point
Joined: Feb 2015
Posts: 7,200
Meridianville
I hate it that I missed out on the Trump rally. Voya has had it locked up since October, dragging their feet on transferring MY money to Fidelity. Probably because they wanted that year end management fee before they let it go out the door.

I'll put it into balanced funds and S&P 500 funds until I can research and find those hidden gems. Wish I could have bought Amazon and Netflix back in the early years. Previously it was in an employer sponsored 401k which didn't allow individual stock trades. Now I'm free to make my own decisions.

Re: Stock Market Crash [Re: DryFire] #2029974
02/16/17 12:04 PM
02/16/17 12:04 PM
Joined: Oct 2000
Posts: 14,914
Right Behind You
W
William Online content
Booner
William  Online Content
Booner
W
Joined: Oct 2000
Posts: 14,914
Right Behind You
What do I know? I pulled my money out at 15K. Just knew it was overvalued and not going any higher. Bought a house or two and have some cash waiting around for the crash.


"The misery of being exploited by capitalists is nothing... compared to the misery of not being exploited at all."

Joan Robinson
Re: Stock Market Crash [Re: DryFire] #2029989
02/16/17 12:14 PM
02/16/17 12:14 PM
Joined: Aug 2005
Posts: 17,198
Huntsville, AL
Claims Rep. Offline
Old Mossy Horns
Claims Rep.  Offline
Old Mossy Horns
Joined: Aug 2005
Posts: 17,198
Huntsville, AL
So the gajillion dollar question....... when does he house-of-cards fall??????


Jesus... I hope you know Him personally like I do.

Si vis pacem, para bellum.

Proud crossbow hunter!
Re: Stock Market Crash [Re: Claims Rep.] #2030053
02/16/17 01:25 PM
02/16/17 01:25 PM
Joined: Feb 2013
Posts: 8,398
A
Atoler Offline
14 point
Atoler  Offline
14 point
A
Joined: Feb 2013
Posts: 8,398
Originally Posted By: Claims Rep.
So the gajillion dollar question....... when does he house-of-cards fall??????


The Fed makes it very very tough to call. They've created so many false bottoms and bent the rules of economics too many times. It will certainly come crashing down at some point.

If I had to throw a dart..... We see a recession like '08 in the next 2-5 years. The Fed artificially inflates spending through interest rates and bs to stop it before it gains too much momentum. After that, things are hunky dory again. with all the baby boomers retiring over the next 20 years, and drawing out their 401ks, it turns into a massive shtf scenario. Negative interest rates, everyone's retirement gone, huge weight of baby boomers healthcare on our shoulders, could be anarchy in the streets type situation.

Re: Stock Market Crash [Re: DryFire] #2030055
02/16/17 01:27 PM
02/16/17 01:27 PM
Joined: Apr 2015
Posts: 930
Piney Ridge
G
Gobl4me Offline
6 point
Gobl4me  Offline
6 point
G
Joined: Apr 2015
Posts: 930
Piney Ridge
Better start burying you food supplies

Re: Stock Market Crash [Re: Gobl4me] #2030082
02/16/17 02:08 PM
02/16/17 02:08 PM
Joined: Nov 2008
Posts: 10,300
Alabama
W
whack-n-stack Offline
Booner
whack-n-stack  Offline
Booner
W
Joined: Nov 2008
Posts: 10,300
Alabama
Originally Posted By: Gobl4me
Better start burying you food supplies


Reckon I'll start pouring my copper, brass, lead, and aluminum ingots tomorrow.

Re: Stock Market Crash [Re: Atoler] #2030116
02/16/17 02:33 PM
02/16/17 02:33 PM
Joined: Jun 2014
Posts: 6,896
Shelby Co, AL
CatHeadBiscuit Offline
14 point
CatHeadBiscuit  Offline
14 point
Joined: Jun 2014
Posts: 6,896
Shelby Co, AL
Originally Posted By: Atoler
Originally Posted By: Claims Rep.
So the gajillion dollar question....... when does he house-of-cards fall??????


The Fed makes it very very tough to call. They've created so many false bottoms and bent the rules of economics too many times. It will certainly come crashing down at some point.

If I had to throw a dart..... We see a recession like '08 in the next 2-5 years. The Fed artificially inflates spending through interest rates and bs to stop it before it gains too much momentum. After that, things are hunky dory again. with all the baby boomers retiring over the next 20 years, and drawing out their 401ks, it turns into a massive shtf scenario. Negative interest rates, everyone's retirement gone, huge weight of baby boomers healthcare on our shoulders, could be anarchy in the streets type situation.


Buy lead!


"Arguing on the internet is like playing chess with a pigeon. You may be good at chess, but the pigeon is just going to knock all the pieces down, take a crap on the table, and strut around like its victorious."--Anonymous
Re: Stock Market Crash [Re: DryFire] #2030160
02/16/17 03:21 PM
02/16/17 03:21 PM
Joined: Apr 2010
Posts: 2,663
leeds,al
G
geeb1 Offline
10 point
geeb1  Offline
10 point
G
Joined: Apr 2010
Posts: 2,663
leeds,al
Bout time for a pullback in the market. Better keep some cash to buy!

Re: Stock Market Crash [Re: DryFire] #2030450
02/17/17 02:52 AM
02/17/17 02:52 AM
Joined: Jul 2013
Posts: 5,034
Gurley, Alabama
S
Standbanger Offline
12 point
Standbanger  Offline
12 point
S
Joined: Jul 2013
Posts: 5,034
Gurley, Alabama
2008


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