Yeah, I was a broke college grad in 2008-2009. I didn’t really have any money until the market started to come back in 2011.
Yesterday was retail capitulating stocks stocks short sold to them over the last few months. Line is still doing a Japan
What am I missing? I know the day started out with another fairly large drop but that looks to have almost evened out at this point, relatively speaking. I haven't been watching too closely though.
Hah. Like all I've read the past 6 months is how we're due for a huge correction. We've been flirting with it for the past few days it seems.
Ive been reading we’re due for a huge correction everyday since I started investing years ago. There is ALWAYS someone saying it’s coming. Always. As it goes down people will say it’s going down further and as soon as it starts recovering people will begin predicting the next crash. They’re technically correct, one will happen at some point and again and again and again but people saying when are fools (except Hank of course)
perma bears predict recessions for years if not decades until they hit then they go SEEEEE and you get idiots on the tv finance shows going "Dipshit McGee has predicted 6 of the last 7 recessions! he says we're due for one!"
You missed C Wave Down inside Large Wave 4. This forms an expanding Triangle which means that it’s time to fucking shit your pants and meet your maker. sorry you missed it.
There have been lots of people who’ve predicted a correction for years and have lost lots of money because of it
I have a stupid question... I know mutual funds are priced once a day at the end of the day. But I have to place any order before the market closes for the day. If I place an order to buy $1,000 worth of a mutual fund, I'm assuming that order is fulfilled at the re-priced amount after the market closes for that day. As opposed to the order being fulfilled based on the price at the time the order was placed (which would be before the re-price). Hopefully that question makes sense.
To add to this, if you are interested in buying the funds immediately at a set price, look into an ETF based on the same index (or even the exact same fund sold as an ETF)
Yeah pretty much that's how I have it setup. I have a mutual index funds in my Roth and my HSA. Then for my taxable brokerage I have ETF equivalents. From what I understand, the ETF can lessen taxable events in the brokerage.