Is the stock market going to tank?

[El Chupacabra]

1) What happened to "not your keys, not your bitcoin"?
2) "Your Crypto Interest Account is not a checking or savings account, and it is not covered by insurance against losses. We will lend, sell, pledge, rehypothecate, assign, invest, use, commingle or otherwise dispose of funds and cryptocurrency assets to counterparties, and we will use our commercial best efforts to prevent losses. In certain jurisdictions, cryptocurrency is not legal tender, and is not backed by the government. Accounts and value balances are not subject to Federal Deposit Insurance Corporation or Securities Investor Protection Corporation protections. Legislative and regulatory changes or actions at the state, federal, or international level may adversely affect the use, transfer, exchange, and value of cryptocurrency. Transactions in cryptocurrency may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable. "

You'll note that M-series JONG did not promise gains, only "no asset will match the risk/return profile of BTC" - which I believe.

Might go up. Might go down. Past performance is no guarantee of future returns...

Using bitcoin for an emergency fund is idiotic.

[Yonder_River]

Got a total JONG question for you investment wizards. We have a Fidelity account for a SEP IRA from an old employer. When we started it, I just stuck the funds in a FFFFX (Fidelity Freedom 2040) fund.

It's drifted a bit over time and is now 46% domestic stock and 40% international stock which feels a bit too much on the risk side. Especially given the rat flu deal which is sure to make things more volatile. At a minimum, I would like to reduce the stock down to more like 70% tops. What's the easiest way to change that on their website?

I watched a youtube video from a couple years ago showing how to shift the percentages for a 403b and it seemed easy enough, but I don't see that function at all on Fidelity's site. Can anyone point me in the right direction? Here or PM is fine. Thanks for any and all input.

[SkiCougar]

I don't get it why is this bat flue whatever such a big deal that it effects the stock market
thousands of people die from the flu every year in the country

not totally related unless travel and actual import and export of goods with china is affected; but; we have been I a period of no declines greater than 1% for months, a decline end of January is not ucommon. the bat/rat flu just may be the trigger that caused and overbought mkt to cool off.

[fastfred]

not totally related unless travel and actual import and export of goods with china is affected; but; we have been I a period of no declines greater than 1% for months, a decline end of January is not ucommon. the bat/rat flu just may be the trigger that caused and overbought mkt to cool off.

thanks I guess I didn't think about import/exports
cause the flu could be in the cheap Chinese drywall we were importing at one point along with all the formaldehyde and arsenic that was in there too

[Benny Profane]

I don't get it why is this bat flue whatever such a big deal that it effects the stock market
thousands of people die from the flu every year in the country

They announced flight shutdowns today. The world trade infrastructure is slowly pulling plugs. Cities down , now flights, next shipping, the latter is how the black plague was exported to Europe.

[fastfred]

They announced flight shutdowns today. The world trade infrastructure is slowly pulling plugs. Cities down , now flights, next shipping, the latter is how the black plague was exported to Europe.

too many people still watch the nightly news it's all fear based information
then the internet spews just as much bs
fear keeps everyone inside

[iceman]

It's all about zombies, Fred. What if the rat flu turns everyone into zombies? That's the question these investors are pondering.

[babybear]

I don't get it why is this bat flue whatever such a big deal that it effects the stock market
thousands of people die from the flu every year in the country

it's bc regular business is interrupted.
an easy example is that Starbuck temporarily closed ~2,000 of it's stores in china. that'll impact the quarterly earnings in lost sales, so prior sales/ revenue estimates for the quarter and yr will need to be decreased which basically = lower growth yoy= lower stock valuation = lower stock price
some US co's with no exposure to china have not had their stock prices as impacted so it's situational. but those are more few and far between

[iceman]

no it's the zombies.

[4matic]

Got a total JONG question for you investment wizards. We have a Fidelity account for a SEP IRA from an old employer. When we started it, I just stuck the funds in a FFFFX (Fidelity Freedom 2040) fund.

It's drifted a bit over time and is now 46% domestic stock and 40% international stock which feels a bit too much on the risk side. Especially given the rat flu deal which is sure to make things more volatile. At a minimum, I would like to reduce the stock down to more like 70% tops. What's the easiest way to change that on their website?

Switch to 2025 fund. Easy

https://fundresearch.fidelity.com/mu...mary/315792663

[Benny Profane]

too many people still watch the nightly news it's all fear based information
then the internet spews just as much bs
fear keeps everyone inside

The black plague left 30% of farmland in Europe fallow, due to population loss. During the Grand finale of the worldwide Spanish Flu in 1918, before it suddenly flamed out, they were calling out, "Bring out your dead!" In Philadelphia for a month, as the carts moved down the streets. I trust this can't get that bad, but, who knows. We're due.

[babybear]

no it's the zombies.

if so I hope they are more mundane/comical zombies like in shaun of the dead & zombieland vs WWZ etc

[Benny Profane]

You meant desperate places to chase return. I.e.: WeWork.

[babybear]

Stocks only price based on forward earnings expectations when money is scarce. Since late 2018 P/E, P/S all rocketing higher while EPS are flat & margins compressing, global trade past its apogee.

Because liquidity is king & earnings are window dressing on valuations. The market is flooded with liquidity and desperate for places to store purchasing power.


https://www.yardeni.com/pub/peacockfeval.pdf

I was trying to explain it simply for someone in an entirely different industry that wanted to understand
Or you could just keep showing your obvious inferiority complex by trying to sound smarter than everyone
and as mentioned in the other thread you try to overcomplicate to sound smarter- next time you change that name make sure it's chicken little

[rideit]

not totally related unless travel and actual import and export of goods with china is affected; but; we have been I a period of no declines greater than 1% for months, a decline end of January is not ucommon. the bat/rat flu just may be the trigger that caused and overbought mkt to cool off.

Exactly. It’s the definition of a ‘Black Swan Event’, IMO.
But I may be wrong.

[glademaster]

I was trying to explain it simply for someone in an entirely different industry that wanted to understand
Or you could just keep showing your obvious inferiority complex by trying to sound smarter than everyone
and as mentioned in the other thread you try to overcomplicate to sound smarter- next time you change that name make sure it's chicken little

[fastfred]

Stocks only price based on forward earnings expectations when money is scarce. Since late 2018 P/E, P/S all rocketing higher while EPS are flat & margins compressing, global trade past its apogee.

Because liquidity is king & earnings are window dressing on valuations. The market is flooded with liquidity and desperate for places to store purchasing power.


https://www.yardeni.com/pub/peacockfeval.pdf

This is tgr bro time for you to go

Your core audience is people like me who failed English couldn't get past remedial math and barely graduated hs but excelled at ski bumming

Knock it off



Sent from my SM-J737V using TGR Forums mobile app

[babybear]

Ah yes, the virtue of simplifying by... bullshitting?

That was the simple version by the way... maybe go back to instagram, tootz.

good one. tootz
except you're going to die before it dies, so live your life
it's the game. don't waste your life hating it

and simplifying for someone in a different industry is being friendly to my friends. fastfred simplifies home improvements for me

you on the other hand

[4matic]

Changing names and offering analysis is a lot like some of the charlatan investment companies. They start a new fund every year and pitch the ones that win in their advertising.

[JimmyCarter]

Ah yes, the virtue of simplifying by... bullshitting?

That was the simple version by the way... maybe go back to instagram, tootz.

You're trying too hard.

[El Chupacabra]

And existing, levered participants don't have the ability to withstand historically normal volatility. There are a million modes of destruction alongside very few modes of perseverance, even then you're faced with stagnation.

PARKLIFE!

[El Chupacabra]

Those lacking the ability to compete with ideas focus on identity.

PARKLIFE!

[JimmyCarter]

Attachment 312948

A picture of captain bitcoin pump n dump after he's left someone else holding the bag!

[El Chupacabra]

A picture of captain bitcoin pump n dump after he's left someone else holding the bag!

Maybe it's his new identity: shwWj647Shwoiuw54WHKMnshke

[babybear]

really, really bad btw. Really bad. So bad.

just like you
bye