Back in September moved to 100% capital preservation in 401K | |
TerraFirma's Esoterrorist
User ID: 80850448 United States 09/15/2021 01:36 PM Report Abusive Post Report Copyright Violation | I'm going to liquidate inherited IRA stocks today. Quoting: TerraFirma's Esoterrorist I'm way overweighted in Willams Co pipelines and they are on ok bounce. It's good that its a mostly flat seas stocks day. Will hodl onto my PM trust stocks for now. It's that nagging gut feeling that I haven't been able to shake for several, 'think I'll sleep on it' nights in a row. Final, 'RUN Forrest' signs for me were, 1) Biden's last Thursday declaration of war on 46% of American citizens and ALL medium to large businesses. 2) NY Fed DELAYED (downgraded) Q3 forecast + Atlanta Fed's leak of 41% lower drop than what it had already been downgraded to. 3) Mic OFF drop from yesterday that Biden's handlers have Total Censor Power over and above the Nation's Chief Executive Officer. 4) Afghanistan aftermath exposing that Milley and Blinken control the Pentagon, US Military and the Nuclear football that POTUS fumbled upon 5) World's #1 or #2 largest economy, China just went Full On '08 Lehman Brothers...yesterday. 6) New petty cash/$600 Fed transaction tracking EO 7) California's electronic CANCEL of the Newsom Recall...last night. 8) Looming Gov't budget shutdown where Biden's Officially designated "Enemies of America"/red State Republican lawmakers probably won't negotiate with these Terrorist backers/builders of the Taliban Terrorist State. 9) Masterfully kept hidden "vaccine" fueled death spike hockey stick to the sun that is now about to Black Swan the world from October Surprise into Great Reset 2030. 10) Biden's 5PM this evening (just after market close) Stalin Safety speech...with Puppeteer's manning the Mic OFF switch. Thank you - all together in a list, the signs can't be ignored * not un-investment advice. That said, you are welcome. This was intended as a face the music exercise for myself. I thought it would only amount to a 4-5 item short term stock doom list, since it would only reflect the black swan cluster from the last "two weeks." Now I see the music score. It's a musical chairs cluster f***. That moment when the music stops mid-measure...is the absolute worst time to be rushing to save one's arse. Last Edited by TerraFirma's Esoterrorist on 09/15/2021 01:39 PM "Keep a weather eye to the chart on high and go home another way" –James Taylor Never Die Young |
Anonymous Coward User ID: 80819915 United States 09/15/2021 01:38 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 79728737 United States 09/15/2021 01:44 PM Report Abusive Post Report Copyright Violation | cool, now that you announced when you plan on taking your money out, the market is preparing too. And now big money and the federal reserve is preparing to screw you hard. And guess what??? When you and most others 1946-1964'ers try to take money out of your 401k. you wont be able to or you'll get almost nothing for it. The price of everything is going to fall just before you cash out. You will cash out with nothing, and you will like it. =) |
Bodiless
Forum Administrator 09/15/2021 01:45 PM Report Abusive Post Report Copyright Violation | Boy people are gonna be seriously woken upon 6 months with the NWO NAV “We have assembled the most extensive and inclusive Voter Fraud Organization in the history of America”—Joe “SippyCup” Biden Joe Biden will never be the man Michelle Obama is The worst thing about dying is that you become a democratic voter for eternity |
Buzzcheeze
User ID: 80769545 United States 09/15/2021 01:46 PM Report Abusive Post Report Copyright Violation | So you put all your money IN the stock market. Quoting: Anonymous Coward 80819915 Foolish and down right dangerous at this market top. As it is up 300 points right now "TRUMP WON" "I love deadlines. I like the whooshing sound they make as they fly by" 'My ego is smaller than yours Why is abbreviation such a long word “When seconds MATTER, cops are only minutes away "Cut out a man's tongue and you dont prove him a liar. It just proves you fear what he has to say" |
Anonymous Coward User ID: 38200842 United States 09/15/2021 02:09 PM Report Abusive Post Report Copyright Violation | You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. |
Anonymous Coward User ID: 38200842 United States 09/15/2021 02:11 PM Report Abusive Post Report Copyright Violation | So you put all your money IN the stock market. Quoting: Anonymous Coward 80819915 Foolish and down right dangerous at this market top. As it is up 300 points right now This isn't the 90s, 300 points is nothing. Watch the 20% "market correction" that you will not have time to react to. |
Anonymous Coward User ID: 72587392 United States 09/15/2021 02:22 PM Report Abusive Post Report Copyright Violation | You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. Well said! The federal reserve make breif look correct, that is how upside down things actually are. |
TheTruthNeverLies
User ID: 80091626 United States 09/15/2021 02:45 PM Report Abusive Post Report Copyright Violation | I only have like 35k to take. Not sure if I should roll over to an IRA and withdraw or just take it all and lose the company match but that's like 12k. I may just roll it over and withdraw because my company won't give me the the company match on a straight withdraw. Once I get that figure out, gonna pay off all my credit cards, cut them up, keep the accounts open until they close them. Take the rest, pay down my car, and invest in preps and a small business. Not sure what yet though. "Firearms are second only to the Constitution in importance; they are the peoples' liberty's teeth." "Government is not reason; it is not eloquent; it is force. Like fire, it is a dangerous servant and a fearful master." "Religion and morality are the essential pillars of civil society." -George Washington, Father of our country & 1st President |
Anonymous Coward User ID: 71533013 Croatia 09/15/2021 03:06 PM Report Abusive Post Report Copyright Violation | So you put all your money IN the stock market. Quoting: Anonymous Coward 80819915 Foolish and down right dangerous at this market top. Not if shorting. I know, people think that's dangerous too. The problem is, most people don't know when to get off the bus, and when to get back on. Just like Bitcoin, off the bus in March. On at the low for the dead cat bounce. Off the bus again, for the next leg down. OR, like the weed in the wind, just ride it up and down, and up, and down forever. Timing is everything. |
Trained Noticer
Forum Moderator User ID: 80558422 United States 09/15/2021 03:37 PM Report Abusive Post Report Copyright Violation | You need to spend every dime on food, water and supplies before your millions lose value and become hundreds Quoting: Anonymous Coward 79300419 History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait. :dow-1928-1932: For those who believe, no proof is necessary. For those who don't believe, no proof is possible. (Stuart Chase) It's easier to fool people than to convince them that they have been fooled. (Mark Twain) |
BRIEF
User ID: 79662918 United States 09/15/2021 04:54 PM Report Abusive Post Report Copyright Violation | If you are not in the market for the long term you will end up losing...You can't grow your wealth by taking it out and hiding it in a money market account... Yes. And I prefer to get 2% in a bank where I can get my hands on my cash rather than someone holding my money, when transactions take a week or more. In the event of a nuclear war that money held by brokers will be frozen and... possibly lost. At least banks are FDIC insured to 250k. What bank is paying 2%? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
User ID: 79662918 United States 09/15/2021 04:56 PM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF History provides a different story...If you ride out the dips, you always come out ahead...If you sell, you lose potential gains... This is true in recent history. But another 1929 type event would take a really long time to recover from. It took 25 years for the market to recover from the 1929 crash. That is much longer than most people saving for retirement could wait. A lot of things have changed to prevent a '29 scenario from reoccurring...We had a 20% drop last year and I didn't even blink...We ended the year up 45% in the NASDAQ and personally I made 37%... Plus They are PRINTING "UNLIMITED" AMOUNTS OF MONEY with NO SIGNS OF RUNNING OUT OF PAPER. Haven't run out of resources either...Assets in the ground only needs to be processed...That's where jobs come into play...There is no need for scarcity when we have abundance... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
User ID: 79662918 United States 09/15/2021 04:59 PM Report Abusive Post Report Copyright Violation | You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
User ID: 79662918 United States 09/15/2021 04:59 PM Report Abusive Post Report Copyright Violation | So you put all your money IN the stock market. Quoting: Anonymous Coward 80819915 Foolish and down right dangerous at this market top. As it is up 300 points right now This isn't the 90s, 300 points is nothing. Watch the 20% "market correction" that you will not have time to react to. Another Cow prediction? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
We Who Watch.
User ID: 79047905 United States 09/15/2021 05:29 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 38200842 United States 09/15/2021 05:33 PM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 80866012 You need to preserve your capital before it can grow. 0% growth is perfectly acceptable for a while to secure your capital. Scared money does not grow... Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... He's an ignorant liar, just like you. |
BRIEF
User ID: 79662918 United States 09/15/2021 09:56 PM Report Abusive Post Report Copyright Violation | Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... He's an ignorant liar, just like you. What is he ignorant about? What has he lied about? I don't lie. Why are you? I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Anonymous Coward User ID: 38200842 United States 09/17/2021 05:25 AM Report Abusive Post Report Copyright Violation | ... Quoting: Anonymous Coward 38200842 Says the guy who got a fake "finance certificate" from a fraud radio show host. Shaddup already, loser. So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... He's an ignorant liar, just like you. What is he ignorant about? What has he lied about? I don't lie. Why are you? We've been over this, don't get saucy or I'll embarrass you again. |
Anonymous Coward User ID: 79270249 Australia 09/17/2021 05:42 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... He's an ignorant liar, just like you. What is he ignorant about? What has he lied about? I don't lie. Why are you? We've been over this, don't get saucy or I'll embarrass you again. I'm not getting in youse guys' beef but brief is referring to risk reducing by diversifying through correlation of securities returns... which has a consistent track record of being somewhat correct and enough to have the dude that came up with it get a nobel prize. Is this the bit you're saying is a lie? also who's dave? |
BRIEF
User ID: 79662918 United States 09/17/2021 07:25 AM Report Abusive Post Report Copyright Violation | ... Quoting: BRIEF So I take it you don't follow Dave's advice? LOL He's not poor, but I bet you are... He's an ignorant liar, just like you. What is he ignorant about? What has he lied about? I don't lie. Why are you? We've been over this, don't get saucy or I'll embarrass you again. When was the first time? I don't get embarrassed... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
BRIEF
User ID: 79662918 United States 09/17/2021 07:26 AM Report Abusive Post Report Copyright Violation | We've been over this, don't get saucy or I'll embarrass you again. I'm not getting in youse guys' beef but brief is referring to risk reducing by diversifying through correlation of securities returns... which has a consistent track record of being somewhat correct and enough to have the dude that came up with it get a nobel prize. Is this the bit you're saying is a lie? also who's dave? Dave Ramsey and the Lampo group...He is an author, radio host, and successful financial counselor... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
Listening Back
User ID: 80315600 Brazil 09/17/2021 07:52 AM Report Abusive Post Report Copyright Violation | 10 Year yeild is at 1.3445 Fed still pumping trillions into securities. Interest rates not budging. Baltic dry index at all time highs. This is a Risk On environment. Until its not. The market will not crash until all these factors reverse. Which they will. But not today. |
BRIEF
User ID: 79662918 United States 09/17/2021 08:09 AM Report Abusive Post Report Copyright Violation | 10 Year yeild is at 1.3445 Quoting: Listening Back Fed still pumping trillions into securities. Interest rates not budging. Baltic dry index at all time highs. This is a Risk On environment. Until its not. The market will not crash until all these factors reverse. Which they will. But not today. What are you looking at that's 1.3%? We have doubled our money more than three times in 20 years... I never forgive and I never forget I am a licensed firearm holder. I will, under protection of law, use lethal force if attacked. |
beeches
User ID: 78973486 United States 09/17/2021 08:15 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. About to do the same, or take it out altogether. Last year there were tax breaks to take lumps. Not sure about this year but still a good idea to take the hit instead of losing it all. I took money out before any tax break - still glad I did the lump sum thing instead of instalments over 5 years - taxes would have been even more distributing it that way. Glad it is where it is, now. Liberalism is totalitarianism with a human face – Thomas Sowell |
Agent 99
User ID: 77082640 United States 09/19/2021 09:48 AM Report Abusive Post Report Copyright Violation | |
Agent 99
User ID: 77082640 United States 09/19/2021 09:50 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. About to do the same, or take it out altogether. Last year there were tax breaks to take lumps. Not sure about this year but still a good idea to take the hit instead of losing it all. I took money out before any tax break - still glad I did the lump sum thing instead of instalments over 5 years - taxes would have been even more distributing it that way. Glad it is where it is, now. And there is no one out there that will advise on this. Instead they want to hold your money. It's just all so weird. |
BRIEF
User ID: 79662918 United States 09/19/2021 09:52 AM Report Abusive Post Report Copyright Violation | |
FightForGod!
User ID: 80146778 United States 09/20/2021 06:42 AM Report Abusive Post Report Copyright Violation | I thought everyone was given a 401K. Then I hear you have to sign up for one. I don't know. How do you find out if you have one? I haven't worked somewhere in 5 years. Quoting: SafeandSound LoL! This is what weed does. 1 Corinthians 6:9-10 ESV Or do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived: neither the sexually immoral, nor idolaters, nor adulterers, nor men who practice homosexuality, nor thieves, nor the greedy, nor drunkards, |
FightForGod!
User ID: 80146778 United States 09/20/2021 06:45 AM Report Abusive Post Report Copyright Violation | Timing feels right. Quoting: CharlieFoxtrot But generally my timing has been shit. All future contributions to SP index. yep, feels a little deja vooo ish.... in '08 almost half my IRAs and 401K evaporated... oh and about 500,000 in home equity gone... so, yeah at least I got cash and pm in the safe this time... soon... Why did you sell at the bottom? Fear? You buy on other's fear. 1 Corinthians 6:9-10 ESV Or do you not know that the unrighteous will not inherit the kingdom of God? Do not be deceived: neither the sexually immoral, nor idolaters, nor adulterers, nor men who practice homosexuality, nor thieves, nor the greedy, nor drunkards, |