topic Re: What in the world in Community Chat

What in the world

Say Nay — Mon, 13 Oct 2014 21:36:57 GMT

What is happening with the stock market

Re: What in the world

minkbunny — Mon, 13 Oct 2014 21:37:55 GMT

Nothing good

Re: What in the world

Photo Donna — Mon, 13 Oct 2014 21:37:56 GMT

ebola

Re: What in the world

minkbunny — Mon, 13 Oct 2014 21:38:54 GMT

There could be more dramatic fluctuations as it is earnings season.

Re: What in the world

Qwackertoo — Mon, 13 Oct 2014 21:40:32 GMT

October is many times a spooky month for the market.

Fiscal year end coming up. Lots of other stuff too!

I'm NOT looking at our accounts!!! Not today. Not tomorrow. Not next week. No sense in getting myself all upset by looking at them!!!

Re: What in the world

sunshine45 — Mon, 13 Oct 2014 21:40:38 GMT

i TRY not to look at the dailies too much and focus more on my monthly reports and overall performance (along with the advice of my brokers, financial planner, lawyer, and cpa).....so far so good for me this past year......

Re: What in the world

terrier3 — Mon, 13 Oct 2014 21:41:30 GMT

I had the opportunity to roll over my old 401k. I converted it 100% to cash around Labor Day.

October is always a crazy month for stocks...I STILL remember not too many years ago when October was horrible. I'll wait until after Nov. 4th to dip my toe back in the water...

Re: What in the world

sidsmom — Mon, 13 Oct 2014 21:42:44 GMT

My Financial Advisor warned me about this MONTHS ago. I've taken precaution. It's not news related...anyone in the know will tell you for such a Bull Market we've had for a long period of time...there will be an opposite reaction Bear Market. Here we come.

Re: What in the world

deepwaterdotter — Mon, 13 Oct 2014 21:43:06 GMT

On 10/13/2014 sunshine45 said:
i TRY not to look at the dailies too much and focus more on my monthly reports and overall performance (along with the advice of my brokers, financial planner, lawyer, and cpa).....so far so good for me this past year......

Same here. I'm actually satisfied with the income from my retirement investments so far this year.

Re: What in the world

minkbunny — Mon, 13 Oct 2014 21:43:52 GMT

Actually ebola news helped many stocks, notably those providing the protective clothing, etc. as all hospitals nationwide will be required to be prepared for an outbreak.

Re: What in the world

minkbunny — Mon, 13 Oct 2014 21:47:40 GMT

Concerns about the European economy faltering, notably Germany.

Fears that the Fed will eventually (and cannot come soon enough) raise interest rates.

Lots of chickens coming home to roost at once.

Re: What in the world

GrettaGarbled — Mon, 13 Oct 2014 21:50:03 GMT

Considering how much we've all made in the market over the last 5 years, this "correction" is nothing. I was surprised it went over 17,000 and knew it wouldn't last.

Since I'm not pulling my money anytime soon, it's all good.

Re: What in the world

Say Nay — Mon, 13 Oct 2014 21:52:35 GMT

I guess I'll close my eyes and not look for a while

Re: What in the world

minkbunny — Mon, 13 Oct 2014 21:56:24 GMT

I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Re: What in the world

GrettaGarbled — Mon, 13 Oct 2014 22:01:14 GMT

On 10/13/2014 minkbunny said:
I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Oh wow! That must have been something to witness!

Re: What in the world

minkbunny — Mon, 13 Oct 2014 22:04:10 GMT

On 10/13/2014 GrettaGarbled said:
On 10/13/2014 minkbunny said:
I think we are down 1.5 pct or so for the calendar year up 7.5 pct or so for the twelve month year.

I was at A.G. Edwards the day we broke 1000 for the Dow, we thought our machines were broken as they only went to three digits and read 000. Fun times.

Oh wow! That must have been something to witness!

Yes, it was a great time to work for the stock market. We were on about the sixth floor of an old, old St. Louis building (with the old brass elevators with the actual elevator operator who sat inside on a stool all day - the floors never quite stopped where they were supposed to and you could see down the elevator shaft as you climbed over or stepped down to get out. ). We used old teletype machines and had yellow perforated ticker tape that spewed out the side of the machine - so we had ticket tape parades that day and when the Cards won the various Series, etc. Learned a lot - especially to keep most of our money out of the market

Re: What in the world

hckynut — Mon, 13 Oct 2014 22:25:37 GMT

Beats me. I am one that believes "" a bird in the hand is worth 2 in the (ahem)"". I'll leave the betting on what might be's to others like Warren Buffett and those so inclined to guessing/betting or whatever term one chooses to use for this market.

Re: What in the world

Nancy Drew — Mon, 13 Oct 2014 22:47:32 GMT

Hasn't been this bad since S&P downgraded us. However stocks in Hazmat suits have jumped 50%.

Re: What in the world

ShowMe — Mon, 13 Oct 2014 22:52:04 GMT

It was reported on one of the major news channels that the reason for this today was because of the sick folks on the plane at the Boston airport........and are saying it was the ebola scare.....

Re: What in the world

Gooday — Tue, 14 Oct 2014 01:17:47 GMT

Four years about we about 75% of our investments into annuities that each year we roll over and get a 10% bonus. We left 25% into DH's money market that he had for years. We don't fuss about it.

Three weeks ago we met with our financial guy and it's funny (not ha, ha funny) that he said the market is going to take a huge hit. Not that he is an oracle or psychic but, at our age we feel comfortable being in annuities and knowing we cannot lose the money we put in. That's what works for us at this point in our lives.