Poll - The Stock Market and Vintage Sales

[Leon]

Originally Posted by Peter_Spaeth

....

Not sure where you got that graph from but it is factually wrong, as far as I can tell.

As for diversifying; hey I went from 1 stock to 2 stocks to 4 stocks. But they are all technology ones . Buy the dip!
.

[Smanzari]

Definitely does for me, prime buying time coming soon in a couple weeks!

[Cory]

Is anyone aware of current card indexes - I know that PWCC used to do a TOP 500, and I've seen someone indexed a t206 set vs. the S&P 500 before (but only for a few years and very old data at this point) - the Vendix - link below. Eyeballing the PWCC top 500 chart through 2018 or so it doesn't look like there is much correlation between stocks and cards.

A nice T206 520 Index would be great - with current and historic values.

https://t206resource.com/Article%20V...206%20Set.html

[Peter_Spaeth]

Originally Posted by Leon

Not sure where you got that graph from but it is factually wrong, as far as I can tell.

As for diversifying; hey I went from 1 stock to 2 stocks to 4 stocks. But they are all technology ones . Buy the dip!
.

How is it wrong? It isn't wrong.

[Leon]

Originally Posted by Peter_Spaeth

How is it wrong? It isn't wrong.

Maybe I am misreading it?
I guess if you are talking about the day it started, then yes, anything would be an increase (3000%?). Otherwise, it looks like that graph is saying we have record amounts of positive gains, when we don't. The Dow was down by about 10% yesterday, from all time highs. This is more like it, as of today.....(all time high is about 45000)


Dow Jones Industrial Average (^DJI)

Follow
41,502.29
-409.42
(-0.98%)


.

[Peter_Spaeth]

Originally Posted by Leon

Maybe I am misreading it?
I guess if you are talking about the day it started, then yes, anything would be an increase (3000%?). Otherwise, it looks like that graph is saying we have record amounts of positive gains, when we don't. The Dow was down by about 10% yesterday, from all time highs. This is more like it, as of today.....(all time high is about 45000)


Dow Jones Industrial Average (^DJI)

Follow
41,502.29
-409.42
(-0.98%)



.

The point is that history shows that stocks go up enormously over time, and one should not panic over the inevitable downturns and corrections along the way unless one is on a very compressed timeframe for needing the money. For example, the market has more than doubled since the low pandemic point. Of course, I am referring to the market as a whole, not to any individual stocks.

[butchie_t]

Na,

If I want it, I can afford it, I get it.

Market has no influence on my purchases.

Butch

[Ronnie73]

I voted no. Mainly because my card spending money comes from a completely different source. Personally I think the stock market is finally starting to adjust to it's true market value. There's been way too many gains over the last 9 years that just don't match up to the surrounding income and expenses, along with the value of the dollar. I could agree with the reason of the previous few years of market gains to equal or match the adjustment of inflation and what a dollar bill can currently buy you in real life.

For example, Say our dollar is worth a dollar and can buy you a dollar's worth of items. While at the same time, say the stock market is at 30,000. If the dollar loses half of it's buying power due to inflation and the over printing of money. I would also expect the stock market to increase to 45,000. Now that increase of the stock market looks great, and people are making nice dividends, and feeling good about that stock market price. But the reality is the stock market increased by 50 percent, only because the dollar value and buying power decreased by 50 percent.

This is obviously just my opinion, and simple math.

[packs]

I think there's a heavy caveat involved: are you nearing the end term of your investments?

I'm not. I can't touch my Roth IRA for another 20 years. I could care less about the market today.

If I was in dire need of my retirement funds, then I'd be watching what I spend because chances are this is the absolute worst time to need your money.

[Balticfox]

Originally Posted by Peter_Spaeth

How is it wrong? It isn't wrong.

The graph is correct. The "problem" though is that its scale on the vertical axis is arithmetic and not geometric. This means that recent percentage changes aren't apparent at a glance.

[Peter_Spaeth]

Originally Posted by Balticfox

The graph is correct. The "problem" though is that it's scale on the vertical axis is arithmetic and not geometric. This means that recent percentage changes aren't apparent at a glance.

Or, one could conclude that in the big picture, they aren't that significant. But sure, any graph's visual impact depends on scaling.

[BioCRN]

Money that is sunk into a stock "down in the moment" is money that is not working for you.

It's a lost opportunity.

Eventually you may find yourself back to even or profit, but there's a cost of lost opportunity while it sits there trying to get back to where you started.

It can even make sense to sell at a loss to put your money back to work depending on your next plan.