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Re: US Stock Market
Posted: Sun Apr 06, 2025 1:41 am
by wd40
old-spice2 wrote: ↑Fri Apr 04, 2025 9:27 pm
Wrong time for me to retire. Markets are down and good time to add more stocks. May be I should r2a and look for a job for another 4 years!
I am sure you are joking, markets will experience plunges like this several times during our retirement.
In a way this is a good stress test to face it early during our early retirement.
Re: US Stock Market
Posted: Sun Apr 06, 2025 9:09 pm
by wd40
How is everyone doing?
I guess nobody expected this.
Re: US Stock Market
Posted: Mon Apr 07, 2025 7:16 am
by SAPPORO
China, Japan and HK markets were down 10%+ overnight and so there might be another bloodbath in the US today.
Overall markets have gone back to Dec 2021 levels that was spurred by Biden's first year Covid/stimulus spending. Hopefully, we don't go back to pre-covid levels this week.
Even rebalancing might not be effective since it takes a couple of days for the transactions to be completed and by that time who knows where the markets would be, all based on Trump tweets.
Re: US Stock Market
Posted: Mon Apr 07, 2025 9:08 am
by JINSAKAI
wd40 wrote: ↑Sun Apr 06, 2025 9:09 pm
How is everyone doing?
I guess nobody expected this.
Re: US Stock Market
Posted: Mon Apr 07, 2025 9:33 am
by old-spice2
wd40 wrote: ↑Sun Apr 06, 2025 9:09 pm
How is everyone doing?
I guess nobody expected this.
I did not expect this kind of downfall in the market. In the last one year had moved substantial amount of money in regular interval from my VG account to Indian banks and kept them in FD locking 8%. Yes did sell some VG funds in taxable account at high point.
That was pure luck due to our move.
This will help us to weather the storm as the expenses here is pretty low. I usually get the interest paid to the savings account for expenses. Need not touch USD brokerage account till Trump retires to FL.
I was about to start investing in the Indian market but due to other work did not get time. Will start doing it from now.
Re: US Stock Market
Posted: Mon Apr 07, 2025 10:22 am
by SAPPORO
wd40 wrote: ↑Sun Apr 06, 2025 9:09 pm
How is everyone doing?
I guess nobody expected this.
I expected S&P 500 to go down by 30% by year-end due to erratic Trump policies but didn't expect it to crash in a week.
I also expected the market swings similar to the first T term in which he has delivered again and so making a good of money every day in swing trading.
Long live the volatility and its creator
Re: US Stock Market
Posted: Tue Apr 08, 2025 11:55 am
by Lakshya
wd40 wrote: ↑Sun Apr 06, 2025 9:09 pm
How is everyone doing?
I guess nobody expected this.
Going well. Generally, I am fully invested. By fluke, I had my wife's old 401(k) transferred to a new account and sitting as cash. I was in the process of moving that to the IRA and wanted to pick my own ETF, like VG S&P 500, QQQ, SCHD, etc. So before the crash, I transferred everything to cash and was about to start picking up new funds. But now I am going slow. Very greedy... Whenever it's going down, I pick a few ETFs as planned. Still 80% sitting in cash. I had few cash was sitting as cash in my IRA I started adding more to AAPL, Google, NVIDIA, Netflix, etc. My regular DCA is on autopilot. And one mistake I could say I made it. I aggressively push funds into the 401(k) in the first 6 months to hit the limit. In that process I may have paid a high price for MF in Jan. Feb.
The worst part is I have to pay tax on distribution for 2024, and all that gain is technically gone, but I will still pay tax on it.
In case anyone is planning to hold for LT, say 5+ years, DECK is at an attractive valuation. And if you don't have any AMZN, NVIDIA, AAPL, Alphabet, or even Meta, it is giving you a good entry point. You can't predict bottom but this is nothing compared to 2008 or Covid...
Re: US Stock Market
Posted: Tue Apr 08, 2025 1:40 pm
by SemiRetire
Lakshya wrote: ↑Tue Apr 08, 2025 11:55 am
wd40 wrote: ↑Sun Apr 06, 2025 9:09 pm
How is everyone doing?
I guess nobody expected this.
Going well. Generally, I am fully invested. By fluke, I had my wife's old 401(k) transferred to a new account and sitting as cash. I was in the process of moving that to the IRA and wanted to pick my own ETF, like VG S&P 500, QQQ, SCHD, etc. So before the crash, I transferred everything to cash and was about to start picking up new funds. But now I am going slow. Very greedy... Whenever it's going down, I pick a few ETFs as planned. Still 80% sitting in cash. I had few cash was sitting as cash in my IRA I started adding more to AAPL, Google, NVIDIA, Netflix, etc. My regular DCA is on autopilot. And one mistake I could say I made it. I aggressively push funds into the 401(k) in the first 6 months to hit the limit. In that process I may have paid a high price for MF in Jan. Feb.
The worst part is I have to pay tax on distribution for 2024, and all that gain is technically gone, but I will still pay tax on it.
In case anyone is planning to hold for LT, say 5+ years, DECK is at an attractive valuation. And if you don't have any AMZN, NVIDIA, AAPL, Alphabet, or even Meta, it is giving you a good entry point. You can't predict bottom but this is nothing compared to 2008 or Covid...
Good to see your suggestions. Appreciate it.
Used to learn lot in old forum posts like these from desi and Sappro etc to name a few
Re: US Stock Market
Posted: Tue Apr 08, 2025 6:55 pm
by SAPPORO
This is worse than Covid since the entire world was working during the pandemic to get out of the mess and there was a solution to the crisis in terms of vaccines. The self-inflicted wounds are always irresistible to pick on! Most of the year and beyond would be spent on "negotiating" nitty-gritty details with 180 countries some of them uninhabited.
Trump 2.0 has become more interesting since the other countries are open to retaliating. ICYMI, already the markets are back to where it was in the 2021 Q4.
It's a trader's market and not investor's. Sell the rallies and stock up on the inevitable falls that follow and rinse & repeat.
Re: US Stock Market
Posted: Wed Apr 09, 2025 12:49 pm
by JINSAKAI
Who needs IPL for excitement ?