the cac mamba
Banned
yeah i figuredI mean you can stop paying into it but you can't stop your portfolio from changing value
i guess your option is to withdraw with the penaltiesmines got like 30k, crazy that it could just tank and disappear
Y'all watching the stock market, though?
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i guess your option is to withdraw with the penaltiesmines got like 30k, crazy that it could just tank and disappear
That's the market for youyeah i figured
mines got like 30k, crazy that it could just tank and disappear
. I'm not tripping. I'm going to keep on letting my percentage stay where it is since I'm nowhere close to retirement. My money is going to pick up more shares at a cheaper price and shyt will eventually bounce back.
That $10 CRON PUT option looks so nice in my portfolio right now...everything is fukkin tanking.
Anybody see the opportunity on Apple though? I'm nervous, but fukk I could be UP UP within the next year if I take that risk, once it shows signs of a reversal
Anybody see the opportunity on Apple though? I'm nervous, but fukk I could be UP UP within the next year if I take that risk, once it shows signs of a reversal
Larry Lambo
Superstar
You can switch over to money markets but guessing the bottom is a difficult task. As you get older you should start switching to a more conservative strategy.
But I'm a firm believe in dollar cost averaging, which basically is the strategy of continually investing as the market goes down, so that when it comes back to the original starting point, you're ahead because you invested at the bottom. Of course if you can predict the bottom, you'd hold off on investing until then, but I don't feel confident in my ability to do so.
Dameon Farrow
Superstar
This is what's really pushing the markets down and expect the Fed to keep raising it.Feds raising interest rates
Why
The trade wars don't help.
< 20000 Dow mid january.....
Apex Mentality
888
(This is just my opinion)
Some simple technical analysis of the S&P500:
There's a support zone around the bottom of the bollinger bands and the trendline beginning at March 09.
If it bounces off there ($2300-2350), it can recover somewhat. But because there are double engulfing bear candles for the last 4 months, buying is risky. If it breaks the floor below $2300 and closes below for at least 1 month candle, it indicates a larger crash to come.
I personally wouldn't buy anything until at least February / March, to see if the floor holds. If it stays above that floor, it's a decent sign. If not, it's likely to go lower.
If it bottoms out anywhere above the $1900s, it will rise again. Potential RSI divergence for those who can read it.
Some simple technical analysis of the S&P500:
There's a support zone around the bottom of the bollinger bands and the trendline beginning at March 09.
If it bounces off there ($2300-2350), it can recover somewhat. But because there are double engulfing bear candles for the last 4 months, buying is risky. If it breaks the floor below $2300 and closes below for at least 1 month candle, it indicates a larger crash to come.
I personally wouldn't buy anything until at least February / March, to see if the floor holds. If it stays above that floor, it's a decent sign. If not, it's likely to go lower.
If it bottoms out anywhere above the $1900s, it will rise again. Potential RSI divergence for those who can read it.
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The game is to buy low and sell high. You're fukking upThis was my first year investing, and I literally started with 100, and kept buying. I was doing good in the beginning of the year, then summer my stocks started to platou. By the end of October, my stocks was loosing money, so I took my money out and used it for vacation instead
I'm out here looking for apartments, but a looming recession has me thinking fukk that. Get out of debt and deal with where I am.
Can't wait for all these gentrifiers that are living above their means to go bankrupt along their parents that co-signed their shyt 
After factoring in property taxes, lots of these idiots are stuck with 30 year $6k+ a month mortgages just to live in <1000sq ft houses
After factoring in property taxes, lots of these idiots are stuck with 30 year $6k+ a month mortgages just to live in <1000sq ft houses
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Unless they go bankruptExactly, You only lose in the market when you take your money out
Rigby.
The #1 Rated Mixtape of all Time
Trump literally has one of the easier periods to not fukk up economically in recent memory, and he still somehow found a way to short (not in the trading sense) money. I wasnt mad at his dumb ass as long as he wasnt hurting nikkas pockets but his 2018 has been an abject disaster
It's been dropping. For the past 6 months or so there's been all these 500 point drops, and quick rebounds (I think someone's manipulating the stock market). And just like some of us predicted, as soon as the election happened the dow would start dropping and not rebounding. It was 26.6K in October, now it's down to 22.4K and a lot of that happened in the last week
well by that logic, the 10 years after the Great Depression was just a correction
get ready for bailout 2 
the banks were "too big to fail" in 2008, now it's substantially worse that before
the banks were "too big to fail" in 2008, now it's substantially worse that before
