Posted on 04/29/2022 2:44:37 PM PDT by ConservativeInPA
Despite the stock market's recent sell-off, sticking to your investment plan is still the best strategy. There's evidence that the market may bounce soon in what is known as a relief rally.
It's important to remember that even though this year has been tough, the stock market always rebounds eventually. The market has been tough this year.
Really tough.
Year-to-date, the S&P 500 is in correction territory, down over 12%, and the NASDAQ? Forget about it. It's in a bear market, down over 20%. You don't even want to know how much some of last year's high-flyers are down. Let's just say it's a lot.
If your portfolio is a sea of red, your head may be spinning.
It will be Okay.
It may not be tomorrow, next month, or this year, but the stock market is a fantastic wealth generation machine, and over time, the dramatic sell-off we're experiencing will simply be another data point on a chart.
(Excerpt) Read more at msn.com ...
I went to 50% cash a year ago, fearing a market crash. Waiting for a reentry point to invest back the cash. But... over the last half year my cash is creeping up in value (low interest) while the stock market stagnates and investment funds decline. I have investments in select individual stocks which are profitable and making up for the lost value in investment funds. Ever since Biden stole the presidency, the markets are not doing well.
“Sell in May and go away.”
All I have is a 401k and a meager one at that.
I generally ignore it and only look at the quarterly statement.
I started actually looking closer at it and watched it lose 5 grand in the course of two weeks.
I just transferred it all into gauranteed interest.
It’s only just over 1% but I see it as better than giving my money away.
Will rethink on it later if/when things come back around.
“””No, the forward S&P earnings ratio is 18x, above the 14.5x average but nothing remotely close to 70”””
I was referring to the TRAILING TWELVE MONTHS p/e ratio.
TTM is above 70 and for decades the TTM was under 20.
Me too. I just hold my breath during the “dips.” However, I want things to get really, really bad over the next few months to ensure the biggest, longest red wave ever.
I hear you, but really you can ride it out without too much worry if you have time before retiring. Just make sure you put it back where it was before if it was performing well before this latest downturn. I don’t have a ton in mine, but I’m just riding the roller coaster. I’ll move it into safer investments as I near retirement. And actually Fidelity does that for you based an on estimated retirement date.
I’m actually puzzled that the DOW did so well considering we just found out we are in a recession.
Most of the recession has already been baked in to the price.
—
S&P broke through support today at ~4200. Next support is ~3800. Cash is king.
It’s at 21x trailing. You might be thinking of a few quarters ago when there were huge write offs during the first year of the pandemic. No one cares about one time write offs anyway
<>It all depends on what they are invested in.<>
Growth stocks.
Stocks started falling when the FED chairman said in early Dec 2021 that he wanted 4 interest rate hikes in 2022.
Other FED regions have talked about as many as 11 rate hikes.
Many stocks I watch have dropped 1/3 to 1/2
😂
Interest *should* be at about 6.5%.
StagJoeFlation, indeed.
I have SS and my husband does too, plus a couple of small pensions....we depend on our retirement savings....
so yes, we're screwed....
who would ever think that with inflation at what it is we're still getting less than 1% on savings....
which is why we're still in the stock market....
Find your neighbor who voted for plugs and crap on his lawn.
You will feel like getting that small bit of relief for at least the next three years because the market is going nowhere. That is what I figured on at the start of this year.
I’m retired and squared things in early January to not sell a thing for a long time. Other than rebalancing I’m not figuring to do much at all for the next few years. I’ll keep the farm and plan to wait for a better season.
Our dividends from solid companies will still dividend through it all and probably grow some to match inflation.
#53 My AMD stock was at a high of $162 in Dec 2021 and now is at $85. It rose nearly $6 on Thursday then settled at about $4.55+ On Friday it fell $4.12... but up in after hours a bit.
I planned my retirement if my stock was $100. I waited till it was $148 and then quit last Nov 2021 then the stock went down down down after the Fed chairman announced in early Dec 2021 he wanted to raise interest rates.
I figure I have 20 years just spending the principal at more then I took home from work if the stock does not drop more and could stretch it out by spending less. Add in social security of $31,000 a year when I start to collect at 70 (several years away) and it be more then double.
This is assuming the stock and economy recovers but with the literal traitors on both sides taking bribes from the communist Chinese and Russians and the money laundering in Ukraine who knows what the coming year will bring.
AMD gives earnings on Tuesday afternoon May 3rd and it is expected to be great again but this market is spooked as the democrats are doing everything to wreck the economy on purpose. The stock price will go up but may stall for many months.
I may sell and wait for a better time when it bottoms out to buy back.
I hope it already has bottomed out!!
Key Points from fool.com on Friday.
AMD will release its first-quarter earnings report on May 3.
The company is expected to deliver terrific revenue and earnings growth.
Motley Fool Issues Rare “All In” Buy Alert
AMD chart
https://finance.yahoo.com/quote/AMD?p=AMD
Is that the issue where they “Sent Up” the movie Catch-22?
Best financial advice I've heard in a while.
Wait...do we wait for the DemonRat to quit abusing "they-self" first?.
I’ve never seen a chart of that style, what is it?
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