Stock Market CRASH Thread....Are we all doomed?

[F4UCorsair]

Players are always gloating about their gains. Silence prevails when a loss is there. WHY?

Negative on that fang. I'll tell you I've had a lot of losses over the years, but fortunately the gains have exceeded the losses by a fair margin. I think most talk in net terms rather than details of specific gains and losses, so it may seem that they have no losses.

I can tell you that with the current downturn in the ASX200, I'm down about 20% in capital, but my dividends remain, and as a self funded retiree, dividends are really all that matter to me. Sure, I hate bleeding capital, but it needs to be put in perspective. Dividends don't depend on share price, but on profits, so the actual share price matters little, but having said that' I'd rather it be back at $10M, as it was 3 months ago. I'm joking about the $10M, incidentally.

Lukecan admitted to a significant loss.

[craigt3365]

Players are always gloating about their gains. Silence prevails when a loss is there. WHY?

I lost about 30% of my retirement fund in the last crash. Panicked, took everything out at the bottom, and missed the huge bounce the next year. Luckily, I've fully recovered and then some. This time, I'm not watching the daily swings. I don't need the money for quite a few years.

I got into the market in 2005 with a good chunk of money. It's up a bit since then.

[Lukecan]

No one can time the market. The key is not to panic and sell at a big loss. If you invested in blue chip companies, your investmnets would probably fair out well in the long run. 3 years ago I made big money, but in the last year I've to admit my investments are down because of the EM bear market/commodity crash.

I dont remember anyone predicting the collapse of oil from 120$, to 40$ I still make monthly purchases no matter what the price is, this is the best way to not let your emotions influence you.

Lately I've started to accumulate the Colombian ETF GXG

http://finance.yahoo.com/q?s=gxg&ql=1

Just look at the chart, isnt it beautiful? There is clearly panic on the streets, I admit investing in EM's are risky, but the risk/reward is huge.

[WorkingTourist]

Players are always gloating about their gains. Silence prevails when a loss is there. WHY?

Fifteen months ago the current value of the S&P 500 index was seen as a new record high.

So only those who got into the stock market fairly recently, would be likely to see the value of their investment be lower than what they started with.

That said, it seems you missed the post from Nowisee and Lukecan, both telling us about their losses.

[Naam]

Players are always gloating about their gains. Silence prevails when a loss is there. WHY?

success has many fathers, failure is an illegitimate child

[csabo]

Between Greece and China news over the past months, if you couldn't smell this market correction coming, you must have been under a rock. I moved everything to low risk investments 3 months ago and still making gains while holding on to 2014's. There is no excuse for missing the warning signs. Beware of greed.

Do you really thing it was worth it?

You lost (or more exactly did not earn) a lot of more in last 3 months

than the 3% correction of the SET we just had.

You are using now known numbers to estimate a gain that could not have been foreseen. It's the exact greed I referenced. To answer your question, yes. It was definitely better to be safe than sorry. If you think the correction is over just wait. What goes up does not stay up. A fall is imminent. Have you forgotten 2008? Your reminder is on the way.

[WorkingTourist]

I moved everything to low risk investments 3 months ago and still making gains while holding on to 2014's.

What are examples of low risk investments that produce a gain?

Obviously there are bonds held to maturity, but after tax and inflation, I’m not sure anything is really left.

[fang37]

2008-2009 - bring it on with plenty of blood on the streets.

At my age, I have no desire to take any risk financially.

Been there - I was lucky - break-even.

But, I do enjoy the tales - both true & false.

[1BADDAT]

Anyone who has put their money in U.S. or any other stock market since 2008 with the Fed and the U.S, Treasury trading debt for the electronic printing of worthless money by the Billions and Billions to infuse the stock market is a DIM BULB... There is no such thing as a free lunch... Not to mention the cases of insider trading using all sorts of schemes revealed over the past 7 years ...

And people still trust putting money into the stock market ..!!! Fricken Amazing ...

. The Dow Hit a low of 6,500 in 2009. Now it's at 16,500. That's an average per annum ROI of 25%. Yeah..only a dim light bulb would invest like that.

[Asiantravel]

Anyone who has put their money in U.S. or any other stock market since 2008 with the Fed and the U.S, Treasury trading debt for the electronic printing of worthless money by the Billions and Billions to infuse the stock market is a DIM BULB... There is no such thing as a free lunch... Not to mention the cases of insider trading using all sorts of schemes revealed over the past 7 years ...

And people still trust putting money into the stock market ..!!! Fricken Amazing ...

. The Dow Hit a low of 6,500 in 2009. Now it's at 16,500. That's an average per annum ROI of 25%. Yeah..only a dim light bulb would invest like that.

I just have a feeling this is the sentiment that JDGRUEN (and others who hold a similar opinion..... including me ) is trying to get across to you............

http://www.alt-market.com/articles/2678-lies-you-will-hear-as-the-economic-collapse-progresses

Edited August 28, 2015 by Asiantravel

[lostoday]

Anyone who has put their money in U.S. or any other stock market since 2008 with the Fed and the U.S, Treasury trading debt for the electronic printing of worthless money by the Billions and Billions to infuse the stock market is a DIM BULB... There is no such thing as a free lunch... Not to mention the cases of insider trading using all sorts of schemes revealed over the past 7 years ...

And people still trust putting money into the stock market ..!!! Fricken Amazing ...

. The Dow Hit a low of 6,500 in 2009. Now it's at 16,500. That's an average per annum ROI of 25%. Yeah..only a dim light bulb would invest like that.

I just have a feeling this is the sentiment that JDGRUEN (and others who hold a similar opinion..... including me ) is trying to get across to you............

http://www.alt-market.com/articles/2678-lies-you-will-hear-as-the-economic-collapse-progresses

So, a 25% annual return for the past 6 years and you are posting economic collapse articles?

[elgordo38]

I don't have an opinion in response to the many investment/monetary/fed reserve "experts" here other than knowing what has worked for us . . . 30 years or so of living below our means and building our nest egg via investing in a diversified portfolio with a carefully self-managed asset allocation made up of no individual equities and/or bonds. Our entire portfolio was and is made up of low cost mutual funds with the majority in index funds. We are now retired and while not Donald Trump rich, are living our lives in the style and comfort of our choosing.

It ain't brain surgery gang.

Exactly Al, and during that time you've probably seen 4 or 5 major downward movements, another dozen, or more, 'corrections', and now you're comfortable in retirement, as I am because you didn't panic, rode out the peaks and troughs, didn't try to time the market, and generally remained calm, confident in the wealth generating potential of the market.

I frequently hear from others that the stock markets, and economies, of the world are going to collapse in September, just a week away. I hear it so often that it's the stuff of urban myth, somebody hears it, tell half a dozen others, they tell half a dozen, etc., and the myth is perpetuated. How anybody can put a month on it is quite beyond me, but I may yet be proven wrong at worst, and negative at best. Whoever started this story hasn't told Warren Buffett, because he's still buying, and I'm sure there will be those who cite his recent acquisition of Precision Castparts as not a god investment, but there isn't an investor alive who hasn't taken a hit at some time. Or it just may be that he knows something the rest of us don't? He didn't become the most successful investor of the 20th century because he was a fool.

In 2007/8 the Dow dropped from 14000 to 6000, and recovered to over 18000. Those who bought in at any time up to when it went through 15500 are still in front, and have had the advantage of dividends during that period. That will continue provided they don't panic and sell.

Just be careful pay attention. You could be driving over a cliff while looking back through the rear view mirror. All the monopoly money printed by the Fed may come at a high price. You sound like you think your some kind of Oracle over confidence has been the ruination of many before you and many after.

Edited August 28, 2015 by elgordo38

[Naam]

Anyone who has put their money in U.S. or any other stock market since 2008 with the Fed and the U.S, Treasury trading debt for the electronic printing of worthless money by the Billions and Billions to infuse the stock market is a DIM BULB... There is no such thing as a free lunch... Not to mention the cases of insider trading using all sorts of schemes revealed over the past 7 years ...

And people still trust putting money into the stock market ..!!! Fricken Amazing ...

. The Dow Hit a low of 6,500 in 2009. Now it's at 16,500. That's an average per annum ROI of 25%. Yeah..only a dim light bulb would invest like that.

I just have a feeling this is the sentiment that JDGRUEN (and others who hold a similar opinion..... including me ) is trying to get across to you............

http://www.alt-market.com/articles/2678-lies-you-will-hear-as-the-economic-collapse-progresses

So, a 25% annual return for the past 6 years and you are posting economic collapse articles?

you can't convince doom&gloom lovers with percentages or hard facts. they will always be what they call others, not only "dim" but "poor" bulbs

[Asiantravel]

I just have a feeling this is the sentiment that JDGRUEN (and others who hold a similar opinion..... including me ) is trying to get across to you............

http://www.alt-market.com/articles/2678-lies-you-will-hear-as-the-economic-collapse-progresses

So, a 25% annual return for the past 6 years and you are posting economic collapse articles?

you can't convince doom&gloom lovers with percentages or hard facts. they will always be what they call others, not only "dim" but "poor" bulbs

and what hard facts would those be? that some are labelled doom and gloomers simply because they don't swallow the fairy tales.

and I particularly liked the line from that article " economic collapse is not an event it is a process "

The stock market rose to meteoric heights because the government engaged in QE 1, 2 and 3 - which still resulted in 45 million Americans on food stamps?

that article is related to what happens going forward not what happened in the past.

let's see what happens next shall we?

China’s Stock Rout to Resume as Intervention Ends, Says BofA

“As soon as people sense the government is withdrawing from direct intervention, there will be lots of investors starting to dump stocks again,” said David Cui, China equity strategist at Bank of America in Singapore. The Shanghai Composite Index needs to fall another 35 percent before shares become attractive, he said

http://www.bloomberg.com/news/articles/2015-08-28/china-s-stock-rout-to-resume-as-intervention-ends-says-bofa

Edited August 28, 2015 by Asiantravel

[johnson36]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

[johnson36]

http://money.cnn.com/2015/08/27/investing/us-stock-market/

[elgordo38]

Its not the stocks that will sink ye old ship economy it will be something that is 10 times bigger than the entire world gross production and getting bigger every year. It is worth world wide between 710 TRILLION TO 1.2 QUADRILLION dollars. Any hands up yet with answers? The word starts with a D no not Death but something pretty close. They are called Derivatives.

A derivative is a contract between two parties whose value is determined by changes in the value of an underlying asset. Those assets could be bonds, equities, commodities or currencies. The majority of contracts are traded over the counter, where details about pricing, risk measurement and collateral, if any, are not available to the public.

Simply put, a derivative is a side bet.

So there my fellow TV'ers you have the answer the name of the next Black Swan event. Also throw in a attack on the internet which kills just about everything, electricity, Atm's imagine being unable to access your account for months. Without the internet the world would cease to function as we know it. Then if you throw in the carry trade you have a real ticking time B**b. The carry trade is another vulnerable investment but smaller than derivatives. Yes stocks have been good over the years if you hung in there but there are a few new "Bad Boys" on the block. Derivatives were the reason Lehman Bros. was vaporized and the world came within a whisker of crumbling. You can win big on derivatives if the music is still playing but if the music stops look out below.

[Asiantravel]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

Edited August 28, 2015 by Asiantravel

[elgordo38]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

Yes Asiantravel it was that rabbit pulled out of the Fed hat called Quantitative Easing. It created a sea of funny money cut interest rates to zero and then there were signs made up "Stock market this way the only game in town" planted all over the planet. "Borrow money for almost free buy stocks on margin get in on the action" The only bullet left in the Fed gun is QE4 and somehow I am of the thinking it will turn out to be a blank.

Edited August 28, 2015 by elgordo38

[Asiantravel]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

Yes Asiantravel it was that rabbit pulled out of the Fed hat called Quantitative Easing. It created a sea of funny money cut interest rates to zero and then there were signs made up "Stock market this way the only game in town" planted all over the planet. "Borrow money for almost free buy stocks on margin get in on the action" The only bullet left in the Fed gun is QE4 and somehow I am of the thinking it will turn out to be a blank.

elgordo......this is a passage from that article I posted earlier. if they do QE 4 it will be like

when they pulled the curtain back in the Wizard of Oz movie and discovered the Wizard was just an ordinary person

There is truly no point to the launch of a fourth QE program, but do expect that the Fed will plant the possibility in the media every once in a while to mislead investors. First, the Fed knows that it would be an open admission that the last three QE's were an utter failure, and while their job is to dismantle the U.S. economy, I don't think they are looking to take immediate blame for the whole mess. QE4 would be as much a disaster as the ECB's last stimulus program was in Europe, not to mention the past several stimulus actions by the PBOC in China. I'll say it one more time – fiat stimulus has a shelf life, and that shelf life is over for the entire globe. The days of artificially supported markets are nearly done and they are never coming back again.""

[lostoday]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

You don't? Hmmm. Go to school at Oxford or Harvard School of Economics and study the market and upon graduation get $100,000 dollars to start first job. Go to school for gambling at .........wait there is none? Whoaa. I guess there must be a difference.

Not that you asked but my advice is don't drop out of school.

[johnson36]

Ok so I hear what is been said.

In the situation now of having a share portfolio that is down a bit but not too much what is the best course of action.

1: Sell all now and take the real loss.

2: Collect the dividends, and hope for the share prices to come back to break even and then sell

3: Wait / hope for the shares prices to come back and wait for a profit before selling.

4: Buy more shares now while the prices are still down compared to months ago

I think that is all the options covered

Edited August 28, 2015 by johnson36

[lostoday]

Ok so I hear what is been said.

In the situation now of having a share portfolio that is down a bit but not too much what is the best course of action.

1: Sell all now and take the real loss.

2: Collect the dividends, and hope for the share prices to come back to break even and then sell

3: Wait / hope for the shares prices to come back and wait for a profit before selling.

4: Buy more shares now while the prices are still down compared to months ago

I think that is all the options covered

Dow five years ago 10,000. Today 16,581. How do you figure a loss?

[WorkingTourist]

I think that is all the options covered

I think you forgot:

5. Learn to read a company’s financial report and understand what the company is doing, so that you can assess the risk you’re taking by holding or buying stocks in the company.

Some stocks are overpriced, like Netflix, Amazon, and Facebook (unless you know of some catalyst that will make their profit go up a hundred times), some are a steal, like Apple (unless you think their profit will take a nosedive and be about zero within the next decade).

[Asiantravel]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

You don't? Hmmm. Go to school at Oxford or Harvard School of Economics and study the market and upon graduation get $100,000 dollars to start first job. Go to school for gambling at .........wait there is none? Whoaa. I guess there must be a difference.

Not that you asked but my advice is don't drop out of school.

LOL

The graduates who get $100,000 a year then go on to join the likes of Goldman Sachs who are far more interested in exploiting their own fee paying clients as they did in 2013 advising clients to do one thing while GS themselves did the direct opposite. They even went on to call their own clients “ Muppets “ for believing them.

And that is a measure of how much integrity there is in today’s so-called “ markets “.

And incidentally you are wrong about there not being a gambling school..........

http://www.londongaming.net/

[johnson36]

Ok so I hear what is been said.

In the situation now of having a share portfolio that is down a bit but not too much what is the best course of action.

1: Sell all now and take the real loss.

2: Collect the dividends, and hope for the share prices to come back to break even and then sell

3: Wait / hope for the shares prices to come back and wait for a profit before selling.

4: Buy more shares now while the prices are still down compared to months ago

I think that is all the options covered

Dow five years ago 10,000. Today 16,581. How do you figure a loss?

WHAT ? how do I figure a loss ?

because I bought shares over the last 18 months at higher prices than they are today ! if I spent £100k on shares 1 year ago and they are worth £90k today then I have a loss of £10k minus any dividends I have received.

This is quite simple maths. What you bought for minus what they are worth now = your profit or Loss ( must take into account dividends received )

What the <deleted>> has 5 years ago got to do with my shares ? I didn't own any shares 5 years ago

[johnson36]

What the <deleted>> has 5 years ago got to do with my shares ? I didn't own any shares 5 years ago

You know what I mean where it has been deleted, begins with a F and ends in a K

[SpokaneAl]

Ok so I hear what is been said.

In the situation now of having a share portfolio that is down a bit but not too much what is the best course of action.

1: Sell all now and take the real loss.

2: Collect the dividends, and hope for the share prices to come back to break even and then sell

3: Wait / hope for the shares prices to come back and wait for a profit before selling.

4: Buy more shares now while the prices are still down compared to months ago

I think that is all the options covered

I would suggest that a better option is to think in terms of years and decades and just continue to invest, diversify and maintain a reasonable asset allocation. When investing over the long term these kinds of market blips are non issues. If necessary, as one ages and his/her investment goals change, make slight asset allocation course changes. Edited August 28, 2015 by SpokaneAl

[lostoday]

^Asiantravel

^{So you dont think the Dow Jones will be higher in lets say 5 months time than now ? at the current price of 16500 you would prefer to go short than long if you had to take a position ?}

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

You don't? Hmmm. Go to school at Oxford or Harvard School of Economics and study the market and upon graduation get $100,000 dollars to start first job. Go to school for gambling at .........wait there is none? Whoaa. I guess there must be a difference.

Not that you asked but my advice is don't drop out of school.

LOL

The graduates who get $100,000 a year then go on to join the likes of Goldman Sachs who are far more interested in exploiting their own fee paying clients as they did in 2013 advising clients to do one thing while GS themselves did the direct opposite. They even went on to call their own clients “ Muppets “ for believing them.

And that is a measure of how much integrity there is in today’s so-called “ markets “.

And incidentally you are wrong about there not being a gambling school..........

http://www.londongaming.net/

LOL

The graduates of london gaming school have no $100,000 salary waiting for them upon graduation.

The graduates of Harvard and Oxford have employers all over the world lined up offering them jobs.

The whole world revolves around the markets for investment dollars. It is the fuel that runs your economy. Without it you would be back in the stone age.

Dow 5 years ago 10,000 today 17,000.

[Asiantravel]

if anyone needs to spend time even deliberating that question, why don't they simply save time and go and have a splutter at the casino and possibly enjoy even bigger gains? I see absolutely no difference between the two.

you tell me where has there been any connection between the stock market since 2008 and economic fundamentals?

You don't? Hmmm. Go to school at Oxford or Harvard School of Economics and study the market and upon graduation get $100,000 dollars to start first job. Go to school for gambling at .........wait there is none? Whoaa. I guess there must be a difference.

Not that you asked but my advice is don't drop out of school.

LOL

The graduates who get $100,000 a year then go on to join the likes of Goldman Sachs who are far more interested in exploiting their own fee paying clients as they did in 2013 advising clients to do one thing while GS themselves did the direct opposite. They even went on to call their own clients “ Muppets “ for believing them.

And that is a measure of how much integrity there is in today’s so-called “ markets “.

And incidentally you are wrong about there not being a gambling school..........

http://www.londongaming.net/

LOL

The graduates of london gaming school have no $100,000 salary waiting for them upon graduation.

The graduates of Harvard and Oxford have employers all over the world lined up offering them jobs.

The whole world revolves around the markets for investment dollars. It is the fuel that runs your economy. Without it you would be back in the stone age.

Dow 5 years ago 10,000 today 17,000.

" The graduates of Harvard and Oxford have employers all over the world lined up offering them jobs.

so why this..............................

" Standard Chartered is closing the bulk of its global equities business and axing 4,000 retail banking jobs as Peter Sands moves to aggressively cut costs to reverse the Asia-focused bank's fortunes, according to a memo seen by Reuters.

As part of a cost-cutting plan, the bank is now dismantling its stock broking, equity research, and equity listing desks worldwide, cutting around 200 jobs and exiting a business that it views as non-core and unprofitable."

http://www.cnbc.com/2015/01/07/standard-chartered-axes-equities-business-retail-jobs-in-cost-cut-push.html