Stock Market - New 2009 High Today

Discussion in 'Off-Topic' started by jamesfnb, Jul 23, 2009.

  1. jamesfnb

    jamesfnb Well-Known Member

    Apr 9, 2006
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    So, the stock market hit a new high today for 2009 and went above 9000. How many out there are currently in the market and how many are still out? If you are in, did you stay in this whole time or get back in at some point over the last 6 months?

    Please keep this thread non-political. Thanks.
     
  2. dmclone

    dmclone Well-Known Member

    Oct 20, 2006
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    I'm an idiot for the ole' put it in there and leave it theory so yes I'm in the market. So far this year my 401K is up 15%. I've played around with some compnay stock. I raised it up to 15% of my portfolio and two days ago after making some good money I moved it back down to 5%. Of course today it was up nearly 10%:confused:


    I won't mention how much money I lost last year.
     
  3. Bobber

    Bobber Well-Known Member

    Apr 12, 2006
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    I dollar cost average in and never got out.

    I did stick a bunch in from a surprise company dividend back in March about when it bottomed out. Feel pretty good about that dumb luck right now..

    We're probably setting ourselves up for another correction down, but it's kinda fun right now...
     
  4. 4429 mcc

    4429 mcc Well-Known Member

    Aug 29, 2007
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    beginning of the month is was just barely over 8k...there is still not much stability to this market...banks are coming back a bit but its not going to fully recover until late next year.
     
  5. crash_zone

    crash_zone Well-Known Member

    Apr 10, 2006
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    I was kinda lucky....was in school when the stock market was really high (aka poor student).....graduated/got a job when it started to dive.....and have been investing like a mad man since then.
     
  6. jumbopackage

    jumbopackage Well-Known Member

    Sep 18, 2007
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    Man this country is going down the tubes fast.
     
  7. dmclone

    dmclone Well-Known Member

    Oct 20, 2006
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    I wish my 401K had an option for some inflation type investments.
     
  8. Bobber

    Bobber Well-Known Member

    Apr 12, 2006
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    Real Estate, precious metals, and comodities are normally good hedges.
     
  9. TykeClone

    TykeClone Burgermeister!

    Oct 18, 2006
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    I-Bonds from the US Treasury are inflation indexed - and are earning 0% for the current 6 months.

    They're only earning 0% because that is the floor. The inflation component of the bond rate was well below 0% at the last reset in May.
     
  10. simply1

    simply1 Well-Known Member

    Jun 10, 2009
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    My 401k doesn't have real estate, precious metals, commodities, or i-bonds available. Well, unless you go to the self directed brokerage account.
     
  11. Bobber

    Bobber Well-Known Member

    Apr 12, 2006
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    Yeah but there's nothing to stop you from buying it outside of your 401K.
     
  12. crash_zone

    crash_zone Well-Known Member

    Apr 10, 2006
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    you could always change jobs and role it into an IRA.....:eek:
     
  13. dmclone

    dmclone Well-Known Member

    Oct 20, 2006
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    My real estate fund that I have 10% in is forcing me to leave my money in it and it's not doing real well. First time I've ever seen this in action. I understand why they are doing it but it does seem a little fishy.
     
  14. simply1

    simply1 Well-Known Member

    Jun 10, 2009
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    I know, but that wasn't the wish. ;)
     
  15. kilgore_trout

    kilgore_trout Well-Known Member

    Nov 10, 2006
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    somebody set up a CyBookie event.

    i'm all in for down over 1% tomorrow (spy)...
     
  16. jamesfnb

    jamesfnb Well-Known Member

    Apr 9, 2006
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    For the simple reason the whole world expects inflation to hit soon, I'm betting it never happens.
     
  17. thunderdave

    thunderdave POOTMFS

    Apr 14, 2006
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    I know how you feel:cry::cry:
     
  18. alaskaguy

    alaskaguy Well-Known Member

    Apr 11, 2006
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    Not every one expects inflation. There is a large crowd that anticipates a double dip recession which would tank equities.
     
  19. Bobber

    Bobber Well-Known Member

    Apr 12, 2006
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    Actually I think deflation is still a primary fear however the fed doesn't want to talk about that much.

    However if we keep printing money like we are, inflation will come.
     
  20. crash_zone

    crash_zone Well-Known Member

    Apr 10, 2006
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    I think a double dip is a real possibility...depending on how quickly jobs/spending come back into play and if any other countries pick up spending
     

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