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Market lookin good

SHUSA

All World
Jan 10, 2013
14,700
9,466
113
hope nobody needs their money in the next year. every day is always a treat
 
Pretty clear to me that we're in a bear market and the economy as a whole is about to enter a recession if it hasn't already.
 
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Pretty clear to me that we're in a bear market and the economy as a whole is about to enter a recession if it hasn't already.
but theyre separate! lol

so the pandemic we couldnt do anything because it wasnt allowed. no we cant do anything because we cant afford it. travelling will be for the wealthy
 
always good news. lifes good. just gotta keep thinking long term and cut back. maybe ill plan my honeymoon for 2025
Are you surprised after all the decisions and stimulus money that’s been thrown around for two years? Actions have consequences.
 
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The inflation and high energy prices are just not sustainable. Eventually, people are going to slow down or stop buying things. Just wait until real estate pops too.

Look what happened a few months after the last time gas prices hit $4+ a gallon....

All of this triggered by flooding the economy with paper money and a needless, damaging economic shutdown in 2020.
 
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So many “market participants” today only know what it’s like to invest in good times. If you entered the work force in 2009, you’re likely in your mid 30s with a 401k that only goes up.

This market is not abnormal, it’s just long, long overdue. The bull market could have naturally fizzled in 2020 at the end of an 11-12 year run, but we dumped unprecedented stimulus into the economy and pushed the market up 20% further to new records.

Time to pay the piper. Those with a plan who stick to the plan need not panic. Those with cash on the sidelines are licking their lips for opportunity.

In my late 40s and in financial services my whole life, the “noise” started with Long Term Capital Management collapse in 1998, with some tech bubble, Enron, 9/11, financial crisis brought about by bad mortgage debt, you name it…

If you’re investing in your 401k and can afford it, up the contribution a few points. This will pass. Maybe not in 2022, maybe not even 2023, but it will pass.

Here’s some perspective…

S&P 500 hit an ALL-TIME high on March 30, 2021. Many then thought the stimulus went too far and didn’t allow a correction. Do you know what that high was?

3958.55

It was 1% higher than that yesterday.
 
Historically there are the bear markets:

  • 2007-2009: down 57% over 1.4 years
  • 2000-2002: down 49.1% over 2.5 years
  • 1987: down 33.5% over 101 days
  • 1980- 1982: down 27.1% over 1.7 years
  • 1973-1974: down 48% over 1.7 years
  • 1968-1970: down 36.1% over 1.5 years
  • 1966: down 22.2% over 240 days
  • 1961-1962: down 28.0% over 196 days
  • 1957: down 20.7% over 99 days
  • 1948-1949: down 20.6$ over 363 days
  • 1946: down 26.6% over 133 days
  • 1940-1942: down 34.5% over 1.5 years
  • 1939-1940: down 31.9% over 229 days
  • 1938-1939: down 31.9% over 229 days
  • 1937-1938: down 54.5% over 1.1 years
  • 1934-1935: down 31.8% over 1.1 years
  • 1933: down 29.8% over 95 days
  • 1932-1933: down 406% over 173 days
  • 1930-1932: down 83.0% over 2.1 years
  • 1929: down 44.7% over 67 days
Historically speaking we were long overdue for a bear market. Sami is correct that we would have had it in 2020 but for the stimulus money which delayed it from happening. Selling during this period of time is normally foolish. You must ride the wave and have the stomach. Because just around the bend, the recovery begins and profits sore. This is just a natural occurrence which is exacerbated by the war and other issues lingering from the pandemic. Hold tight and don't panic.
 
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