Talk of The Villages Florida - Where is the Bottom to Dow Jones?

Talk of The Villages Florida (https://www.talkofthevillages.com/forums/)

- Investment Talk (https://www.talkofthevillages.com/forums/investment-talk-158/)

- - Where is the Bottom to Dow Jones? (https://www.talkofthevillages.com/forums/investment-talk-158/where-bottom-dow-jones-304064/)

Remember it took 108 years to get to 10,000 and only twenty days to lose 10,000

Quote:

Originally Posted by Cranford61 (Post 1730412)

the bottom of the DJA was yesterday because I cashed out all my stocks at the opening bell. Voila, Dow tanks early so I lost even more, and ended up +188. I did this as a public service because historically, I move the markets. Buy and the markets fall, sell and the markets rise. No applause please.

That's my line buy when I sell, sell when I buy, you'll be rich. I went to cash at 20K. I'll probably get back in late summer at the same point on its way back up.

0 is the true bottom but it will never get there.

If I had pulled out all my money a month ago, I would put it all back into the same mutual funds now. I’m kicking myself that I didn’t.

We'll know well after it's actually hit bottom, starts coming back up and stays up.

I rebalance quarterly so will be buying more index fund equities soon to get my AA back into balance.

Thank you Villagers for sharing your wisdom. This was one of the best posts that I have yet to read.

Quote:

Originally Posted by 2BNTV (Post 1730119)

I was wondering if anyone has any insight to where Dow Jones bottom will be? Does anyone know?

My investment broker doesn't really know but is saying a loss of 35% is bottom. As usual, investment brokers are saying that long term investors should stay calm and not miss the upswing.

As of yesterday, the market was 1400 points above when Trump took office, (please, no political commentary).

I am staying put as I missed the downturn and don't want to miss the upswing. I timed the last downswing during last market upheaval and it turned out great.

The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.

Quote:

Originally Posted by Scudder (Post 1730541)

The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.

If any of you watch Cramer at 6 Mad Money

That's exactly what he says.

Also doesn't like funds etf's etc.

Buy gold & silver commodities. SDBuillion.com

The reason why it is very difficult to time the bottom of the market is that, when it hits bottom, the event that caused stocks to go down is already over. The stock market reacts to anticipated future events that may or may not occur. If the event doesn't occur, then the market goes back up. If the event does occur, then it is too late to sell your stocks. Often, when a recession hits, the stock market is already on the way up because the market anticipated the recession in advance and has already bottomed out. So, you have to be able to predict the future to time the stock market.

your broker does not want u to get out cause he doesnt make any money if u do
technical annalists say 1800 but who knows

Quote:

Originally Posted by Scudder (Post 1730541)

The Dow is just a barometer of a few leading stocks. Worry about your own stock holdings which could have an entirely different trajectory.

Media is the only DOW watcher.

Quote:

Originally Posted by 2BNTV (Post 1730119)

The following is my opinion only. Consult your professional investment advisor before taking any actions.

I assume virtually nobody in the villages has all of their money in stocks. A moderate allocation would be 60/40 stocks/bonds.

Before this disruption, most people should have had 3-6 months of expenses in cash. Money they may need in the next 1-3 years can be invested conservatively (maybe 20% stocks). Money they won’t need until 4-7 years can be moderately invested (40% stocks?). Money not needed for 8+ years can be invested aggressively 80-100% stocks). That’s before the disruption. If you had all of your money in stocks, this post is not for you.

-if you don’t need income from your investment accounts you should be able to wait indefinitely for a recovery.

THIS PART IS VERY IMPORTANT:

-If you are drawing income each month or year, consider drawing only from the bonds in your account. That will give the stock portion time to recover while your cash flow is maintained. With even just 40% in bonds you could have 8 or more years before you have to touch the stocks.

If you are taking Required Minimum Distributions from your IRA that you don’t need, simply reinvest the net withdrawal after tax in a non-IRA account, allocated the same way your IRA is allocated. When the recovery comes your non-IRA money will recover, too.

Before you act on any of this, consult your professional investment advisor. Your mileage may vary.

Subscribe to Netflix and wait it out. This too will pass.

We will end up owing the DJIA money. Best assumption is investors are starting to move their money toward MAYBE medical or MAYBE MILITARY have to wait a while to c which one comes out of this on top

When you find yourself living underneath a 2 million dollar bridge you know the DOW bottomed out.