U.S. stocks in free fall

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carminered2019
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Re: U.S. stocks in free fall

Post by carminered2019 »

Oh man, I might have to sale my high end sport car to throw it into the market again !
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firebirdparts
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Re: U.S. stocks in free fall

Post by firebirdparts »

carminered2019 wrote: Mon Jul 19, 2021 10:15 am Oh man, I might have to sale my high end sport car to throw it into the market again !
Market Timing Boss Level
This time is the same
UpperNwGuy
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Re: U.S. stocks in free fall

Post by UpperNwGuy »

If anybody sees Tony backing up his truck, please let us know, because it will be time to buy.
Da5id
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Re: U.S. stocks in free fall

Post by Da5id »

Tamalak wrote: Mon Jul 19, 2021 10:13 am I lost as much today as I paid for my last car.. yes my car is a piece of junk!
On the bright side used car prices are soaring. Odd how the world changes.
RetiredAL
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Re: U.S. stocks in free fall

Post by RetiredAL »

pasadena wrote: Mon Jul 19, 2021 9:50 am Today I'm just happy that my latest (small) batch of RSU vested on Friday and I was lucky enough to sell them at the top for that day. :sharebeer
I re-balanced last Tuesday. Good (lucky) timing.
anoop
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Re: U.S. stocks in free fall

Post by anoop »

pasadena wrote: Mon Jul 19, 2021 9:50 am Today I'm just happy that my latest (small) batch of RSU vested on Friday and I was lucky enough to sell them at the top for that day. :sharebeer
Lucky you. With my company it usually takes a few days after vesting before I can sell.
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Stinky
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Re: U.S. stocks in free fall

Post by Stinky »

autonomy wrote: Mon Jul 19, 2021 9:39 am If -0.75% down is 'getting destroyed', what's -1.85%? :D
Obliterated.

Decimated.

Nuked.
Retired life insurance company financial executive who sincerely believes that ”It’s a GREAT day to be alive!”
pasadena
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Re: U.S. stocks in free fall

Post by pasadena »

anoop wrote: Mon Jul 19, 2021 10:25 am
pasadena wrote: Mon Jul 19, 2021 9:50 am Today I'm just happy that my latest (small) batch of RSU vested on Friday and I was lucky enough to sell them at the top for that day. :sharebeer
Lucky you. With my company it usually takes a few days after vesting before I can sell.
Ah yes, well, they officially vested on Thursday, and were in my account on Friday. For some reason, the stock had a small peak on Friday morning and I caught it (by luck). Made about $160 more lol.
Last edited by pasadena on Mon Jul 19, 2021 10:37 am, edited 1 time in total.
Broken Man 1999
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Re: U.S. stocks in free fall

Post by Broken Man 1999 »

Can we get a shout out for our bonds/bond funds?

Mine are a really nice shade of green. Boatload of capital gains, though I'm not selling.

How are all those cash holdings working out? Any capital gains available? :D

Broken Man 1999
“If I cannot drink Bourbon and smoke cigars in Heaven then I shall not go." - Mark Twain
pasadena
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Re: U.S. stocks in free fall

Post by pasadena »

RetiredAL wrote: Mon Jul 19, 2021 10:23 am
pasadena wrote: Mon Jul 19, 2021 9:50 am Today I'm just happy that my latest (small) batch of RSU vested on Friday and I was lucky enough to sell them at the top for that day. :sharebeer
I re-balanced last Tuesday. Good (lucky) timing.
I rebalanced (more like moved some things around, added some new money *and* rebalanced in the process) week before last. So, yeah. I'll just forget about that and bask in my amazing RSU timing skills for a while.
456M
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Re: U.S. stocks in free fall

Post by 456M »

Fear and greed index showing extreme fear, down from 23 to 19 today. Whatever that indicates.

https://money.cnn.com/data/fear-and-greed/

I dropped a nice bundle of :dollar on VTI today
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Keenobserver wrote: Mon Jul 19, 2021 9:30 am Whos buying today?
Just did, and my DCA keeps going daily during a selloff.
lazynovice
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Re: U.S. stocks in free fall

Post by lazynovice »

Marseille07 wrote: Mon Jul 19, 2021 10:58 am
Keenobserver wrote: Mon Jul 19, 2021 9:30 am Whos buying today?
Just did, and my DCA keeps going daily during a selloff.
Not buying but hit my $1,000 threshold to TLH out of VXUS.
youraveragejoe
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Re: U.S. stocks in free fall

Post by youraveragejoe »

AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH.

That is all.
lazynovice
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Re: U.S. stocks in free fall

Post by lazynovice »

youraveragejoe wrote: Mon Jul 19, 2021 11:04 am AHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHHH.

That is all.
That’s what the thread is for….hope you feel better.
Robot Monster
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Re: U.S. stocks in free fall

Post by Robot Monster »

Broken Man 1999 wrote: Mon Jul 19, 2021 10:35 am Can we get a shout out for our bonds/bond funds?

Mine are a really nice shade of green. Boatload of capital gains, though I'm not selling.

How are all those cash holdings working out? Any capital gains available? :D

Broken Man 1999
Incredible turn of events for bonds. With great trepidation I added significantly to my intermediate-term TIPS last month link; this was against a backdrop of lots of expectations for yields to go higher. I ignored the predictions and invested.
runninginvestor
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Re: U.S. stocks in free fall

Post by runninginvestor »

Visitor76 wrote: Mon Jul 19, 2021 9:59 am
runninginvestor wrote: Mon Jul 19, 2021 9:48 am
Visitor76 wrote: Mon Jul 19, 2021 9:40 am
runninginvestor wrote: Mon Jul 19, 2021 9:32 am
Keenobserver wrote: Mon Jul 19, 2021 9:30 am Whos buying today?
Just opened spouse's TD Ameritrade HSA account last Thursday, money auto sweeped on Friday from HSA Bank and became avail at TD today. Fortunate timing I suppose.
Yes, if today is the bottom of this market pullback.
You're right. Should cancel the order and wait until it bottoms :twisted: just joking. Invest we must. Just nice to see her retirement contributions going in on a down day for once!
Agreed. Time in the market beats timing the market everytime :beer . I just hope you're doing DCA on your wife's HSA.
Definitely. I just wait for her employer to deposit funds once a month (HSA funds and retirement funds witheld from two monthly paychecks), then HSA Bank auto sweeps that amount to TDA, and ad soon as those funds are available (usually next day) I buy Schwab's TSM (SWTSX) since it's NTF.
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

Broken Man 1999 wrote: Mon Jul 19, 2021 10:35 am Can we get a shout out for our bonds/bond funds?

Mine are a really nice shade of green. Boatload of capital gains, though I'm not selling.

How are all those cash holdings working out? Any capital gains available? :D

Broken Man 1999
20% of my portfolio is pretty happy today.
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
z3r0c00l
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Re: U.S. stocks in free fall

Post by z3r0c00l »

Hmm some VIX index keeps showing up in my Google Finance page and it is green today...
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Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
The longer time goes on, the less surprised I am by any financial "news" or statistics.

It doesn't have to make sense and it can be irrational for a very long time.

The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
lazynovice
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Re: U.S. stocks in free fall

Post by lazynovice »

lazynovice wrote: Mon Jul 19, 2021 11:00 am
Marseille07 wrote: Mon Jul 19, 2021 10:58 am
Keenobserver wrote: Mon Jul 19, 2021 9:30 am Whos buying today?
Just did, and my DCA keeps going daily during a selloff.
Not buying but hit my $1,000 threshold to TLH out of VXUS.
It appears I should have waited until later in the day. Seems like it had plateaued when I sold but nope….
OpenMinded1
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Re: U.S. stocks in free fall

Post by OpenMinded1 »

Triple digit golfer wrote: Mon Jul 19, 2021 11:25 am
Broken Man 1999 wrote: Mon Jul 19, 2021 10:35 am Can we get a shout out for our bonds/bond funds?

Mine are a really nice shade of green. Boatload of capital gains, though I'm not selling.

How are all those cash holdings working out? Any capital gains available? :D

Broken Man 1999
20% of my portfolio is pretty happy today.
50% of mine is pretty happy.
Aaand...it'sgone
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Re: U.S. stocks in free fall

Post by Aaand...it'sgone »

Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
Accordingly, the only thing green in my portfolio today is TMF.

On the plus side, maybe pay day won't hit at ATH this week?
lazynovice
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Re: U.S. stocks in free fall

Post by lazynovice »

Aaand...it'sgone wrote: Mon Jul 19, 2021 11:54 am
Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
Accordingly, the only thing green in my portfolio today is TMF.

On the plus side, maybe pay day won't hit at ATH this week?
Lots of week left!
mikejuss
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Re: U.S. stocks in free fall

Post by mikejuss »

Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am
Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
The longer time goes on, the less surprised I am by any financial "news" or statistics.

It doesn't have to make sense and it can be irrational for a very long time.

The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
+1.
50% VTSAX | 25% VTIAX | 25% VBTLX (retirement), 25% VTEAX (taxable)
Zeno
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Re: U.S. stocks in free fall

Post by Zeno »

Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am
Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
The longer time goes on, the less surprised I am by any financial "news" or statistics.

It doesn't have to make sense and it can be irrational for a very long time.

The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
+1

Couldn't have said it better myself.
HootingSloth
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Re: U.S. stocks in free fall

Post by HootingSloth »

If payday were today, my spreadsheet is finally telling me that I would put some of my paycheck into stocks instead of the mortgage. It's been a long while now since that happened. We'll have to see if this can hold all the way until the end of the month.
Global Market Portfolio + modest tilt towards volatility (80/20->60/40 as approach FI) + modest tilt away from exchange rate risk (80% global+20% U.S. stocks; currency-hedge bonds) + tax optimization
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
That just tells you that most people believe the 5.4% inflation is temporary. They could be wrong, or they could be right.

I think they're right. I mean comparing things to a year ago near the height of a global pandemic and shutdown doesn't make a lot of sense to me. Average it out a bit.

$2,000 in June 2018 was worth $2156 June 2021 (just a bit over 2% inflation over the past 3 years INCLUDING this partial year so far of higher inflation).
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
mikejuss
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Re: U.S. stocks in free fall

Post by mikejuss »

HomerJ wrote: Mon Jul 19, 2021 12:05 pm
Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
I think a fuller quotation from that immortal theme song is in order today. Here goes:

"You take the good, you take the bad,
You take them both, and there you have
The facts of life, the facts of life."
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Broken Man 1999
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Re: U.S. stocks in free fall

Post by Broken Man 1999 »

Marseille07 wrote: Mon Jul 19, 2021 11:43 am The bond market is really acting up. We now see CPI +5.4% and everyone rushing to buy bonds w/ 10Y coupon rate only 1.2% :confused
Actually the bond market is doing just what I want it to do, it is zagging whilst my equities holdings are zigging.

People are way way way too much concerned about yield, IMHO. Bonds are very useful for other things as well.

I doubt seriously people are rushing into bonds for the reason of their yield. It almost seems as if they don't care about yield at the moment. Wonder why?????

Yield is only one part of the valuation of bonds.

On June 28 I exchanged $200,000 from my Short-term Treasury Index to Long-term Treasury Index. The $200,000 is now a bit over $210,000. Now if I had been lucky enough to buy at the 52 week low on March 18, I would have had a whole lot more. I didn't have any long-term bonds, other than my I-bonds (only good for 10 more years) so I added some. I am doing some legacy investing, so I have no qualms moving out further on the duration, long-term is a better match for my legacy investments. DW and I still have short-term and intermediate term for our retirement, intermediate-term a better duration for us.

Now imagine if the market was down seriously, like 10%-15%. Those wimpy bonds yielding so little would be pretty nice.

Broken Man 1999
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chazas
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Re: U.S. stocks in free fall

Post by chazas »

HootingSloth wrote: Mon Jul 19, 2021 11:58 am If payday were today, my spreadsheet is finally telling me that I would put some of my paycheck into stocks instead of the mortgage. It's been a long while now since that happened. We'll have to see if this can hold all the way until the end of the month.
All my excess cash is trapped in my checking account while I wait to close a refi (they warned not to transfer funds around). I have never TLH'd before so I looked at my lots of VTI - only the last one was in the red and only by a few bucks. Guess it's not my day do do anything other than watch.
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gmaynardkrebs
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Re: U.S. stocks in free fall

Post by gmaynardkrebs »

Today’s action looks like panic selling to me. Nothing really fundamental has changed.
Triple digit golfer
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Re: U.S. stocks in free fall

Post by Triple digit golfer »

HomerJ wrote: Mon Jul 19, 2021 12:05 pm
Triple digit golfer wrote: Mon Jul 19, 2021 11:45 am The steady Eddies win. We take the good, the bad, and everything in between and end up rich in the end.
The Facts of Life, the facts of life!
Hah, didn't even think of that when I typed it.

Diff'rent strokes for diff'rent folks, I guess.
flyingaway
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Re: U.S. stocks in free fall

Post by flyingaway »

I am going to wait for more falls.
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HomerJ
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Re: U.S. stocks in free fall

Post by HomerJ »

gmaynardkrebs wrote: Mon Jul 19, 2021 12:12 pm Today’s action looks like panic selling to me. Nothing really fundamental has changed.
Possible new covid shutdown would be a change.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
EnjoyIt
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Re: U.S. stocks in free fall

Post by EnjoyIt »

Tamalak wrote: Mon Jul 19, 2021 10:13 am I lost as much today as I paid for my last car.. yes my car is a piece of junk!
As of writing, the market is down 1.7% for US and 2.11% international with bonds up 0.57%. For the average 60/40 retirement portfolio with 30% of equities being international and a 4% withdrawal rate, this retiree just lost 2.5 months worth of yearly spending in 1 day.
A time to EVALUATE your jitters: | viewtopic.php?p=1139732#p1139732
Da5id
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Re: U.S. stocks in free fall

Post by Da5id »

EnjoyIt wrote: Mon Jul 19, 2021 12:26 pm
Tamalak wrote: Mon Jul 19, 2021 10:13 am I lost as much today as I paid for my last car.. yes my car is a piece of junk!
As of writing, the market is down 1.7% for US and 2.11% international with bonds up 0.57%. For the average 60/40 retirement portfolio with 30% of equities being international and a 4% withdrawal rate, this retiree just lost 2.5 months worth of yearly spending in 1 day.
Imagine having the flip side of the higher long term returns of equities show up. The "equity risk premium" is related to actual risks of loss! Who knew?
Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Worry not. US markets shaken but we have ex-US.
Cautionary Tale
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Re: U.S. stocks in free fall

Post by Cautionary Tale »

Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
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Candor
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Re: U.S. stocks in free fall

Post by Candor »

A certain Tom Petty song is right on the tip of my tongue but I just can't quite recall it. :D
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
mtmingus
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Re: U.S. stocks in free fall

Post by mtmingus »

Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
I did buy some (not lump sum) on Friday last week. Now you feel better.
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Forester
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Re: U.S. stocks in free fall

Post by Forester »

Probably a nervy day on the way to new highs between 4,500 & 5,000; "buy the dip" will be rewarded one last time but after summer is over there will be a Q4 2008 / Q1 2020 global liquidity crisis.
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Marseille07
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Re: U.S. stocks in free fall

Post by Marseille07 »

Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
DCA camp here. Didn't lump sum but my regular amount went in Friday, today and very likely tomorrow and on.
notoriousMG
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Re: U.S. stocks in free fall

Post by notoriousMG »

I am taking advantage of the dip for my gradual move from cash to stocks. Since I have enough in cash at the moment, I am not losing sleep when everything will be back up by Wednesday probably after the panic selling is over...
Da5id
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Re: U.S. stocks in free fall

Post by Da5id »

Today is clearly the day to kick of a "100% stocks" or a "why bonds?" thread...
Visitor76
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Re: U.S. stocks in free fall

Post by Visitor76 »

gmaynardkrebs wrote: Mon Jul 19, 2021 12:12 pm Today’s action looks like panic selling to me. Nothing really fundamental has changed.
Certain current world events are pushing investors to panic.
Wealth is not about having a lot of money; it's about having a lot of options.
count damoney
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Re: U.S. stocks in free fall

Post by count damoney »

Candor wrote: Mon Jul 19, 2021 12:42 pm A certain Tom Petty song is right on the tip of my tongue but I just can't quite recall it. :D
Even The Losers??
Robot Monster
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Re: U.S. stocks in free fall

Post by Robot Monster »

Cautionary Tale wrote: Mon Jul 19, 2021 12:40 pm Alright. ..those of you who lump summed on Friday, we want to hear your story. (So we can feel better about ourselves).
On June 30th I bought 5x expenses in VTI. link

Looks like I bought at $222-ish.

My time horizon on it is at least 20 years. So...as a long-term investor, gonna go ahead and ignore short-term volatility.
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