Biggest crash in stock market history?

[Bike N Gear]

Bit coin broke 50k today. I bought a small amount earlier in the week and sold right before the big self off started again. At least I got some lunch money for today and tomorrow 😂

I almost bought at $10k, 20k, 30k and 40k. But I just know it's gonna drop...

 

[Over the Bars]

I almost bought at $10k, 20k, 30k and 40k. But I just know it's gonna drop...

You would be sitting pretty good if you bought in at 10k lol... I leave the real investing up to the people that know what they are doing that's what I'm paying the guy for at least 😂 Im just Gambling small amounts on crazy volatile stuff like bitcoin. The high low swings are pretty nuts though.

 

[Dave Taylor]

You would be sitting pretty good if you bought in at 10k lol... I leave the real investing up to the people that know what they are doing that's what I'm paying the guy for at least 😂 Im just Gambling small amounts on crazy volatile stuff like bitcoin. The high low swings are pretty nuts though.

 

[Dave Taylor]

Bitcoin and the other cryptos actually trade like stocks used to. Using simple technical analysis works and they tend to follow fibonacci retracements decently.

 

[RobW]

Bitcoin and the other cryptos actually trade like stocks used to. Using simple technical analysis works and they tend to follow fibonacci retracements decently.

RIOT mirrors BTC and it’s been screaming the last few weeks.

 

[Blair]

Keep buying ammo.

Wait, ammo is also 3 to 4x, time to sell?

 

[Patrick]

Wait, ammo is also 3 to 4x, time to sell?

Trade for your preferred caliber.
!!!

 

[Dave Taylor]

RIOT mirrors BTC and it’s been screaming the last few weeks.

Playing with fire with RIOT/MARA. GBTC, SQ, PYPL and IPAY are my crypto plays.

 

[JimN]

RIOT mirrors BTC and it’s been screaming the last few weeks.

Playing with fire with RIOT/MARA.

I sold RIOT puts because of the premium back in December, but it's too expensive and risky now. Too bad I didn't end up getting assigned, though I probably would have dumped them on the first upswing.

 

[Bike N Gear]

Playing with fire with RIOT/MARA. GBTC, SQ, PYPL and IPAY are my crypto plays.

Been holding PYPL since it showed up in my account as an Ebay dividend. Up over 5100% too bad I didn't have a boatload of Ebay at the time.

 

[w_b]

Sidebar....

I'm helping my Mom get the financials sorted after my Dad's passing last year. Thankfully, he was very locked-on and nearly everything was held at Vanguard. Mom is surviving spouse and executor of estate, so things are easy there.

Mom will be 75 next month. No mortgage on the house. Car is paid off and a 2018 model. She gets 50% of my Dad's AT&T pension plus his social security. She can live off that with the exception of replacing the car someday and maybe some vacationing; healthcare costs (AT&T group rate) gets deducted right from pension check with good coverage so that is no concern.

My Dad's Vanguard is WAY too aggressive for her. They were setup when he was younger and still working. They are mostly emerging markets, international, small-cap. There are some value and income funds, but obviously the other stock funds far outpaced the conservative ones in the last 10-20 years.

When I became an agent on the account last year with POA for my Dad, I left everything alone for the time being.

Now that the account/funds are in Mom's name, the cost basis looks like it is reset, so now is the time to reallocate. I want simple. So my Mom can understand, mostly. There are many more choices that when my Dad began investing 40+ years ago!

The old formula of having bond percentage about what your age was (so 25/72 stocks/bonds) seems very conservative. Or is that still the general rule? There are a few 60S/40B balanced funds, both actively managed and index funds, that would seem to fit the bill better, no?

I'll be setting up checkwriting in a MM fund as well, so at least a portion of the account will be liquid for her.

Here are some ideas:

Vanguard Target Retirement 2020, about 50/50 mix

Vanguard Total Bond Market II Index Fund Investor Shares**	29.70%
	Vanguard Total Stock Market Index Fund Investor Shares	29.10%
	Vanguard Total International Stock Index Fund Investor Shares	20.00%
	Vanguard Total International Bond Index Fund Investor Shares	12.60%
	Vanguard Short-Term Inflation-Protected Securities Index Fund	8.60%

Vaguard Target Retirement Income, 30S/70B

Vanguard Total Bond Market II Index Fund Investor Shares**	37.00%
	Vanguard Total Stock Market Index Fund Investor Shares	18.00%
	Vanguard Short-Term Inflation-Protected Securities Index Fund	16.70%
	Vanguard Total International Bond Index Fund Investor Shares	15.70%
	Vanguard Total International Stock Index Fund Investor Shares	12.60%

Vanguard LifeStrategy Conservative Growth, 40S/60B

Vanguard Total Bond Market II Index Fund Investor Shares†	41.80%
	Vanguard Total Stock Market Index Fund Investor Shares	23.90%
	Vanguard Total International Bond Index Fund Investor Shares	17.50%
	Vanguard Total International Stock Index Fund Investor Shares	16.80%

I do like that investing in one "fund" in reality gets you diversified into 3 or 4 big funds.

Any thoughts would be appreciated.

My Dad (80 yo) has been using Fidelity’s actively managed accounts for years with good results. It’s a lil pricey compared to DIY money management, but it really is set and forget til they call you each quarter to discuss goals and asset allocations.

lately they’ve been saying to not go below 50:50 equities to bonds regardless of age if basic living expenses are covered by the combo of SS, pensions, and any RMDs.

LMK if you want more info I can PM his CFP info.

 

[THATmanMANNY]

Been holding PYPL since it showed up in my account as an Ebay dividend. Up over 5100% too bad I didn't have a boatload of Ebay at the time.

listen to this guy. He is old and holds.

@Dave Taylor
maybe your prediction is off and it's a few months early? hmmmm

 

[JimN]

maybe your prediction is off and it's a few months early? hmmmm

My portfolio is down 1.14% so far today. Time to buy ammo and run for the hills.

 

[Bike N Gear]

listen to this guy. He is old and holds.

@Dave Taylor
maybe your prediction is off and it's a few months early? hmmmm

Thanks?

 

[Bike N Gear]

My portfolio is down 1.14% so far today. Time to buy ammo and run for the hills.

2% swings these days seems to be the norm. Or today is really the beginning of the end of the world.

 

[Dave Taylor]

listen to this guy. He is old and holds.

@Dave Taylor
maybe your prediction is off and it's a few months early? hmmmm

It could be but I think small caps still have a ways to go. AAPL failed today. I am not short but with the 9ema crossing aggressively down theough the 26ema we may see bigbird tumble. TSLA is close but hasn’t crossed over yet(bitcoin probably has them hanging on by a hair). I bet the next big down say for bitcoin and TSLA tumbles.

 

[JimN]

AAPL failed today.

They are down 2% on a day where pretty much the whole market is red.

TSLA tumbles

You hope

 

[Bike N Gear]

It could be but I think small caps still have a ways to go. AAPL failed today. I am not short but with the 9ema crossing aggressively down theough the 26ema we may see bigbird tumble. TSLA is close but hasn’t crossed over yet(bitcoin probably has them hanging on by a hair). I bet the next big down say for bitcoin and TSLA tumbles.

All my stocks should fail like AAPL

Performance	3 Months	1 Year
Performance of S&P 500	9.54%	15.08%
Performance of AAPL	9.37%	58.62%
Performance of Industry Index	2.33%	51.72%

 

[Bike N Gear]

I once made the mistake of checking how much money I'd have today if I'd used my startup money to buy AAPL instead of opening this store.

 

[Patrick]

market is going to show strange 1 year returns starting very soon.....