Thread: WorkFE's Account Talk

Trying to stay optimistic but it gets a bit harder every day. Help wanted signs seem to be plentiful and unemployment at 50+ year lows. Those that want to work don’t seem to have issues finding a job or improving their employment.

I do however see an uptick in layoff/staff reduction articles. I’m rooting for the Fed but if they get too aggressive, they could push us into a recession (possibly to late). While interest rates have gone up and inflation has made things more expensive, I personally have not curbed my normal routine. I’m sure though that it has affected some people and is digging into their cash reserves.

The Banking issue is definitely something to keep an eye on. It’s probably a good idea, if you don’t already know, to do a little research on your bank. You’d be surprised who they are connected to. While I don’t see an across the board run of bank failures, it wouldn’t stun me if a few more were NOT practicing risk aversion and will certainly pop up in the news soon, which only adds more fear.

I am not on the tracker, but I am not 100% G. I have 30% spread out in C, S and I and 90% of future contributions have been going there for a while now. I plan on continuing that for the foreseeable future. I’m not a Perma-Bull, I just don’t see us repeating 2008 and I despise selling losses. I’ve become a bit more conscious of my Fidelity account, researching more, but I’m still buying.

Best of luck all, Be Nimble.

​I don't know anything about this guy at all, but he seems slightly optimistic
Here >>>> https://markets.businessinsider.com/...-crisis-2023-3

Thanks Epic, good read.

It is only natural for us to retreat to safer investing, but I remember years ago doing that and a couple things happened.
1. Some of the best rally's happen during a bear market. Don't want to miss those, AGAIN.
2. I big % of gains are gotten before folks realize a bear market has ended, I RESEMBLE THAT REMARK.

There is a lot of turmoil, uncertainty and madness out there. Trying to balance my optimism and pessimism.

I’ve been watching my balance closely since 2008, making moves as I saw fit along the way, and have only rarely timed moves perfectly.


Scott Harrison
Senatobia, MS

The good news is that tomorrow and the next day will be mostly flat.

Originally Posted by WorkFE

Trying to stay optimistic but it gets a bit harder every day. Help wanted signs seem to be plentiful and unemployment at 50+ year lows. Those that want to work don’t seem to have issues finding a job or improving their employment.

I do however see an uptick in layoff/staff reduction articles. I’m rooting for the Fed but if they get too aggressive, they could push us into a recession (possibly to late). While interest rates have gone up and inflation has made things more expensive, I personally have not curbed my normal routine. I’m sure though that it has affected some people and is digging into their cash reserves.

The Banking issue is definitely something to keep an eye on. It’s probably a good idea, if you don’t already know, to do a little research on your bank. You’d be surprised who they are connected to. While I don’t see an across the board run of bank failures, it wouldn’t stun me if a few more were NOT practicing risk aversion and will certainly pop up in the news soon, which only adds more fear.

I am not on the tracker, but I am not 100% G. I have 30% spread out in C, S and I and 90% of future contributions have been going there for a while now. I plan on continuing that for the foreseeable future. I’m not a Perma-Bull, I just don’t see us repeating 2008 and I despise selling losses. I’ve become a bit more b conscious of my Fidelity account, researching more, but I’m still buying.

Best of luck all, Be Nimble.

NV
I am glad to be a computer programmer and I plan to do as well as Birchtree taught me? The markets are seasonal. You have to believe that the markets will bounce back. I’m just holding onto a 6 handle but if don’t chase in after charts, graph etc then, if stuff happen(GOOD or bad) then acceptance of what Happens does?

Welcome to another week of "Whack a Bank"

Okay, what's the catch, gotta be a catch, there's always a catch.

Unfortunately, with inflation creeping back up to 10.4% in February, this quarter percent rate hike (most likely) will have very little effect next time around.

They really are between a rock and a hard place.

Originally Posted by WorkFE

Have I told you all how much I despise Powell.

And still do

Why can't we ever have nice things on Fridays.