Stock Market

[columbia]

re: myRA

I don't see the need for it. If someone can't save up a $1000 to open an IRA, they're probably not going to do this.

[ulf]

It just sounds like a fancy name for a savings account

[columbia]

That too.

[columbia]

I wish they would do something sensible like raise the personal limit on IRAs/Roths to $10,000
Or $20,000.

Or maybe no limit at all.

[columbia]

After Obama Announced His New Program MyRA, Shares Of A Company With The Ticker MYRA Soared 900%
http://www.businessinsider.com/myra-jum ... z2rtzobXwa" onclick="window.open(this.href);return false;

[ExPatriatePen]

I wish they would do something sensible like raise the personal limit on IRAs/Roths to $10,000
Or $20,000.

Or maybe no limit at all.

LOL... Talk about a tax shelter for the high income folks.

[columbia]

Probably.

[ulf]

After Obama Announced His New Program MyRA, Shares Of A Company With The Ticker MYRA Soared 900%
http://www.businessinsider.com/myra-jum ... z2rtzobXwa" onclick="window.open(this.href);return false;

People are not smart

[Sam's Drunk Dog]

After Obama Announced His New Program MyRA, Shares Of A Company With The Ticker MYRA Soared 900%
http://www.businessinsider.com/myra-jum ... z2rtzobXwa" onclick="window.open(this.href);return false;

People are not smart

Just look at who we have had in Washington, DC the last 14 years for proof. :pop:

[Troy Loney]

how long is this sell off going to last?

[ExPatriatePen]

TIMBER!

LOOK OUT BELLOOOOOOOOOW!!!!

Spoiler:

Nah... It was overdue. You'll see it settle down here and see-saw a "saw tooth" pattern for a while from here.

[Grunthy]

how long is this sell off going to last?

At least a 10% or more correction is needed. I would think.

[Troy Loney]

Another 1500+ point drop in the dow would probably trigger a massive drop.

[ExPatriatePen]

Another 1500+ point drop in the dow would probably trigger a massive drop.

+1

[columbia]

I wouldn't mind a 10 year lull.
Great buying opportunity.

Everyone has to follow their own path, but I buy 6 times a month. It seems best to ignore the noise of days like this.

[columbia]

Here's a great example of some HORRIBLE financial journalism....well, I'm not sure what to call it:

http://www.marketwatch.com/story/scary- ... 2014-02-11" onclick="window.open(this.href);return false;



See what's wrong with that?

Well, the data really look like this:

[KennyTheKangaroo]

I wouldn't mind a 10 year lull.
Great buying opportunity.

Everyone has to follow their own path, but I buy 6 times a month. It seems best to ignore the noise of days like this.

may kenny the kangaroo ask how you keep transaction fees low? Or are they not an issue?

[thehockeyguru]

Here's a great example of some HORRIBLE financial journalism....well, I'm not sure what to call it:

http://www.marketwatch.com/story/scary- ... 2014-02-11" onclick="window.open(this.href);return false;



See what's wrong with that?

Well, the data really look like this:

Take your technical analysis charts to Juice's thread of Randomness.....

[columbia]

I wouldn't mind a 10 year lull.
Great buying opportunity.

Everyone has to follow their own path, but I buy 6 times a month. It seems best to ignore the noise of days like this.

may kenny the kangaroo ask how you keep transaction fees low? Or are they not an issue?

No load mutual funds, with barely a blip on the radar expense ratios. aka Vanguard:
https://investor.vanguard.com/mutual-fu ... torder=asc" onclick="window.open(this.href);return false;

[ulf]

I believe the roo meant price per trade.

[columbia]

Probably.

I don't buy individual stocks or ETFs.

[Tomas]

Market Vectors Russia ETF (RSX) went from Friday's $24.44 to the low of $22.16, before closing at $22.76, and pushing back to $23.00 after hours. Just to see how far negative investor sentiment can go, I created a few limit orders with prices $21.70-$22.50, but I feel this opportunity is gone.

[columbia]

I don't buy individual stocks or ETFs.

This is one of those days, where I wish I did.

However, I saw the VXUS (Total International) ETF plunging just after 9:30, so put a buy into my mutual fund version of it....the ETF ended being down by just under 2%.
I was hoping for a much bigger drop.

[columbia]

Up 1.70%.
That worked out well.

[ulf]

Chipotle hooked a brotha up today. Should have done more buying yesterday, I couldn't decide what to pull the trigger on.