Stock market is down

[sputnam]

Tell me Sir why people are dumping stocks.

Anytime there is uncertainty in the economy... people dump stocks.

 

[Mark K]

My prediction for Monday? I predict I'll be buying whether it goes up or down; too many bargains to pass up.

 

[Carnivore]

corporations, and especially their executives, often sell off their company stock during periods of economic uncertainty, as this can be seen as a way to "dump" stocks and protect their personal wealth.

It begs the question. Who and why is somebody buying?

 

[Carnivore]

If I had continued to invest in in a mutual fund I probably would not be typing my giberish today.


i

A mutual fund pools money from many investors to purchase a diversified portfolio of stocks, bonds, or other securities. For millions of Americans, these funds are the cornerstone of their retirement savings, offering professional management and built-in diversification that would be difficult to achieve on their own.

 

[Charles West]

The premarket is looking ugly again.

 

[Mark K]

It begs the question. Who and why is somebody buying?

Who? Me and a lot of other people that have spent time investing in and following the market for over 45 years. Being a bit of a contrarian has served me well over the years.

Why? Because in times like these, a lot of fundamentally good stocks get beat up whether they deserve it or not. The market beats them up...sorta like the 'throwing the baby out with the bath water' scenario. In the last crash I was buying shares in good companies (when others were running away) like a kid in a candy shop, shares that have since increased 500- 1,000% since 2010. Cummins Engine, John Deere, Eli Lily, Caterpillar, Stryker, Synopsys, Microsoft, Paccar, and others. Good buy and hold stocks. Buying the best companies in their particular sector/industry will always serve you well. Well...except Intel. I haven't made money on that POS stock since Y2K.

This current correction is nothing like the last crash but the same holds true on a smaller scale.

You could have your own small portfolio of the above-mentioned stocks and they would serve you well for the rest of your life.

 

[ucbruin]

Who? Me and a lot of other people that have spent time investing in and following the market for over 45 years. Being a bit of a contrarian has served me well over the years.

Why? Because in times like these, a lot of fundamentally good stocks get beat up whether they deserve it or not. The market beats them up...sorta like the 'throwing the baby out with the bath water' scenario. In the last crash I was buying shares in good companies (when others were running away) like a kid in a candy shop, shares that have since increased 500- 1,000% since 2010. Cummins Engine, John Deere, Eli Lily, Caterpillar, Stryker, Synopsys, Microsoft, Paccar, and others. Good buy and hold stocks. Buying the best companies in their particular sector/industry will always serve you well. Well...except Intel. I haven't made money on that POS stock since Y2K.

This current correction is nothing like the last crash but the same holds true on a smaller scale.

You could have your own small portfolio of the above-mentioned stocks and they would serve you well for the rest of your life.

I'm not an investor....
Don't have the smarts, stomach and funds to invest....
My dad had the smarts and stomach and with what little funds he did have he took the dive (and I'm lucky he did)....
I do admire the honest investor such as you and my dad....

 

[Charles West]

This market is setting itself up to be one of the best buying opportunities of our lifetimes, keep your powder and pounce when the time is right.

 

[ucbruin]

This market is setting itself up to be one of the best buying opportunities of our lifetimes, keep your powder and pounce when the time is right.

Would this still be your optimistic attitude if this were this a Democrat administration....

 

[Charles West]

Would this still be your optimistic attitude if this were this a Democrat administration....

Yes