My 401k hurts

[johnr]

as lo0ng as I can afford bait and Busch light, life is good.

tough times are like the climate, its all cyclical.

 

[eyexer]

you guys obviously didn't get the message from the state of the union speech. everything is on the rise and things are looking great.

 

[Wild and Free]

as lo0ng as I can afford bait and Busch light, life is good.

tough times are like the climate, its all cyclical.

You could try some worm grunting, looks like a low cost option to save money on bait, can't help with your choice of canned diabetes though.

 

[lunkerslayer]

Pull your moneys from your 401k and invest in hemp


http://www.marketwatch.com/m/quote/hemp

 

[SDMF]

You could try some worm grunting, looks like a low cost option to save money on bait

A flat of crawlers and a trip to the Chiropractor cost roughly about the same. Apologies to the Chiro's on the board, I buy worms.

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80, 88, 2000, '08 weren't good years to be in the market. 8yr tenure leadership changes aren't kind to the market it seems.

 

[Norske]

Unless you're already retired like I am, it's a good time to increase your contributions to your 401K.
Buy low/sell high. Doing the reverse is folly.

 

[Joe]

we were already on the brink of deflation, the Feds symbolic .25% rise only sped the process up. A recession is definitely happening before summer.

 

[guywhofishes]

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anybody home?

where's your honey pot?

 

[MathewsZman]

That's honey , REALLY !!!!

 

[guywhofishes]

Ha ha ha... I went through this with some oil stocks. I am such a tool.

There are four psychological stages that people go through during a bear market. Right now, investors know the market is struggling but most believe it will come back. In fact, many see this as a buying opportunity. Here are the four stages:


Stage 1: Denial

Right now, we’re in the denial stage. Anyone who is bullish is too stubborn to change his or her view. Many people have their head in the sand, and some may not even look at their January statements. Many believe the market will come back. Right now, many are still buying the dips, which does not work in a bear market. This is similar to what has happened to oil.


Stage 2: High Anxiety

In this stage, many investors are like a deer in the headlights. They are frozen and nervous but don’t do anything. They are told by brokers and financial experts to stay calm and don’t panic. We haven’t reached this stage yet.


Stage 3: Fear

In this stage, the rampant bulls finally realize they are in trouble. If they have bought stocks on margin, they might be getting calls from their broker to add money to losing positions. In this stage, they are watching in fear as their portfolio burns. They reluctantly start to take action as fear increases. Often they say to themselves, “When my stock gets back to even, I will sell.”


Stage 4: Panic

This is what I call the “uncle” stage. This is when panicked investors throw in the towel and take action. They want to get out of the market while they still have something left. At this stage, there is huge downside volume and double-digit declines on the indexes. At the end of Stage 4, many people vow to never buy stocks again. We are not even close to this stage yet. Typically, we hit bottom when investors capitulate after losses of 20% to 50% in their stock portfolios.

 

[NJL]

Got this in an e-mail from my financial manager. Some good info.

Market volatility continues

Continuing the rough start to 2016, world stock markets shuddered again mid-week under the weight of negative investor sentiment. The S&P 500 dropped sharply on Wednesday, then reversed course on Thursday, gaining 1.7% for the day. For 2016, the S&P 500 is down 6.0% and the MSCI EAFE, an index of developed-market stocks, is down 7.7%. The MSCI Emerging Markets Index is down 8.1% for the year.

A quick scan of the headlines provides a laundry list of anxieties purported to explain the latest market volatility - a slowing China, the appreciating U.S. dollar, potential deflation, oil prices tumbling - the list of culprits goes on.

What's really going on

There is no single explanation, but events so far in 2016 have clearly dampened investor sentiment. Negative sentiment often feeds on itself as investors react to scary headlines in the media (the old TV news adage "If it bleeds, it leads" applies just as well to the financial press). Given the recent memory of the financial crisis, there are those who are quick to assert "here we go again."

It is understandable to feel anxiety. But things are very different now than they were in 2008:

• The U.S. economy is doing pretty well with moderate growth and strong employment gains.
• The Fed has signaled that it is unlikely to tighten interest rate policy quickly, there is no credit crisis, and leverage among financial institutions is reasonable.
• Much of the focus in the press has been on the impact of a slowing Chinese economy and related stock market volatility. However, trade with China accounts for less than 1% of total U.S. economic output.
• Yes, oil prices are down and this is not good for energy company earnings. But lower oil prices are great for people buying gas for their cars and heating their homes, not to mention lowering energy costs for U.S. industry.

There are reasons for concern, but the biggest factor in recent market movements seems to be investor sentiment. Since equity prices are largely based on what people "think" is going to happen, sentiment plays a big role in determining market returns. But sentiment can change quickly, as we saw on Wednesday and Thursday. This is why getting out of the market in such times can be dangerous to your long-term performance. When sentiment turns, you can miss out on outsized opportunities to gain. Miss those crucial chances, and you could be locking in losses for a long time. And remember, equities offer long-term expected returns that are more attractive than bonds and other investments that offer short-term safety, precisely because they expose investors to additional risk. Stock market drops like we have seen so far in 2016 are fairly common. In fact, we have had nine drops of more than 6% since 2009 - a time period where markets have more than tripled.

 

[lunkerslayer]

I like change, change is good. Puts people in their place Greed and living high on the hog is not the conservative way. We as north dakotans should know better bubbles burst, crop price bubbles, stock market bubble, land value bubble, all burst. Don't get me wrong I don't like to see people struggle or put their faith in something or someone's hands. Oh well

 

[eyexer]

this is probably the best opportunity we have ever had to buy oil company stocks at the lowest prices we will have a chance to.

 

[guywhofishes]

this is probably the best opportunity we have ever had to buy oil company stocks at the lowest prices we will have a chance to.

Wildcard for me is getting a measure of fracking's disruption. Will other great reserves now and in the future show themselves?

Will other "previous net importers of oil" (think USA) develop reserves in their own countries like USA did? Now that they've seen how?

Will we be awash in oil for 100 years? In actuality we always have been - OPEC just hand their hand on the spigot.

 

[lunkerslayer]

I am putting my money in on Hemp stocks. With states allowing for producing products from a renewable resource it's a no brainer. It will be a decade before any real money but just like sugar beet stock it will be eventually be profitable.

 

[Account Deleted]

Wildcard for me is getting a measure of fracking's disruption. Will other great reserves now and in the future show themselves?

Will other "previous net importers of oil" (think USA) develop reserves in their own countries like USA did? Now that they've seen how?

Will we be awash in oil for 100 years? In actuality we always have been - OPEC just hand their hand on the spigot.

I'm nervous. The price can't be beat right now but the Saudi's end goal was to drive the US oil companies out of business. A guy could make out very well or the company could go under. Lot of those companies weren't holding a lot of cash.

 

[martinslanding]

at this rate I will have to choose between Caribbean retirement and Alaskan retirement, won’t be able to have both

 

[wildeyes]

we as investors in the stock market take the risk of losing money on some investments and make it up in others, if you pay attention to those investments you can take the shock out of the losses. We all know that the market does change and years is what make the difference in the corrections. This will turn in the other direction and it will be better in the long term. I was told a long time ago that if you can't stand the fluctuations in the market put your money somewhere else. Most people that are at retirement age or close to it have made changes to there portfolios to not risk the big losses because they don't have the time to make up. I have time and most people do to make up this. I myself have been buying like crazy with the markets doing this. The only question I have for anyone is oil has to be worth how much, whats the bottom because that train when it goes the other way will go higher then it did before seen that more then once. That's going to change because to many countrys in opec need the price to be higher for there goverments to pay there bills. All it takes to change this is one country in opec to decide enough is enough and boom conflict- oil goes the other way. We all seen that before. Ps I do like the hemp move. I guess all I'm saying is, its time for the investors to pay attention to your investments there are companys making money in this market you can move stuff around. now is the time to do that. Talk to the people that manage your accounts they have good ideas and if they don't find someone else That's my twocents

 

[KDM]

I invest in myself. I try to have the equipment, skills, and supplies necessary to minimize my dependence on others. It may not be the road to riches, but my Wife and I love what it's done for us thus far.

 

[johnr]

I filled the F250 diesel yesterday for under $40.00, I guess I like that part of it.