Domain: tiger-web1.srvr.media3.us I can't stop buying! | Page 2 | Money Talk
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re: I can't stop buying!

Posted on 5/11/22 at 12:17 am to
Posted by Xanthus
Member since Dec 2021
273 posts
Posted on 5/11/22 at 12:17 am to
To all on this thread: if you think this is the low, you are mistaken. Buckle up.
Posted by thelawnwranglers
Member since Sep 2007
42219 posts
Posted on 5/11/22 at 7:49 am to
Looks like CPI sell incoming
Posted by thelawnwranglers
Member since Sep 2007
42219 posts
Posted on 5/11/22 at 8:11 am to
I wish I could be timed out of my account for 2 months
Posted by SlidellCajun
Slidell la
Member since May 2019
16251 posts
Posted on 5/11/22 at 10:02 am to
I should clarify that I don’t endorse trying to time the market or try to catch a bottom.
I’m suggesting that this market is dicey right now and depending on timeline, it might be best to wait until some settling takes place.
If op is going to be doing a dollar cost average approach with a 10+ year timeline then probably not an issue.
That said, I’d probably still wait for some settling
Posted by GentleJackJones
Member since Mar 2019
5009 posts
Posted on 5/11/22 at 10:45 am to
I'd buy the Series I bonds right now instead of putting it into the market.
Posted by FMtTXtiger
Member since Oct 2018
5152 posts
Posted on 5/11/22 at 12:26 pm to
So if i buy 100k of I bonds today, and i dont want to hold more than 1 year, can someone give me some guidance on how the penalty works and i get my margin?

Posted by bayoubengals88
LA
Member since Sep 2007
23727 posts
Posted on 5/11/22 at 12:46 pm to
quote:

So if i buy 100k of I bonds today
The limit is 10k per individual per year.

You can get around it with gift, but I don't think you can buy more than 40k total.
Posted by Jimmy2shoes
The South
Member since Mar 2014
11004 posts
Posted on 5/11/22 at 12:51 pm to
How easy is it to get out of the bond?
Posted by lsuoilengr
Member since Aug 2008
5381 posts
Posted on 5/11/22 at 2:32 pm to
I keep buying commodity stocks
Posted by Auburn1968
NYC
Member since Mar 2019
25586 posts
Posted on 5/11/22 at 3:33 pm to
SE was $372. It's now $57.
Posted by bayoubengals88
LA
Member since Sep 2007
23727 posts
Posted on 5/11/22 at 4:26 pm to
Easy. You just give up like 3 months of gains.
Posted by Weagle25
THE Football State.
Member since Oct 2011
47645 posts
Posted on 5/11/22 at 5:35 pm to
quote:

Quick question.... are you guys still maxing out 401ks?

This question keeps coming up and I really don’t understand why.

This is the time you want to throw more money in the market not less. This question makes more sense when we’re near the end of a bull run (although I’d just keep throwing it in anyways).

Maybe this isn’t the bottom but we’re a lot closer than we were in November when no one was questioning their 401k contributions.
Posted by LSUcam7
FL
Member since Sep 2016
8860 posts
Posted on 5/11/22 at 5:39 pm to
It’s funny. If beer went on sale 20%, beer drinkers would buy more.

Market drops 20% and they sell the portfolio to go buy beer.
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