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Ask HN: How to deal with markets down turn? Feeling down

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Re: Ask HN: How to deal with markets down turn? Feeling down

#161

Post by Ntrails »

baby wrote: post #134
jeremyt wrote: post #81

Earlier quoted context omitted.

To make money, why else? Look folks, this wasn't my retirement money, it was money I didn't particularly need and had no idea what to do with. It always worked for me before. My investing history is a long string of huge successes beginning in 2014. I've always invested in companies I believed in and that had solid fundamentals. It appears the market doesn't give a shit about company fundamentals right now. Most smal…

Same here. My biggest bets were facebook, uber, and netflix, and they went down the most. Still, I still think that there’s no way these companies won’t continue their growth so I refuse to sell.

I would not call any of those growth at this point, nor are they companies with strong fundamentals.

Like, just my pov - but their years of growth are done and the competition is in.

Re: Ask HN: How to deal with markets down turn? Feeling down

#162

Post by omreaderhn »

rsweeney21 wrote: post #25

A similar thing happened at Netflix in 2011. My coworker kept buying options and I stopped. His stock grew to $34M. Mine recovered to six figures. If you can buy more, and you have confidence in the company, that’s what I would do.

The Federal Reserve launched Operation Twist on September 21, 2011.

It's only wise to buy stocks when the Federal Reserve is printing money or you know that they will print money.

Re: Ask HN: How to deal with markets down turn? Feeling down

#163

Post by narrator »

If you want to pick stocks, and not just use a roboadvisor like betterment or wealthfront you have to understand that the market does not always go up. This means you have to have a bear market strategy and know when to switch modes from bull to bear by watching and deeply understanding the federal reserve. Otherwise, just give up and use a roboadvisor.

In my case, I sold my tech portfolio when it was clear we were in a bear market when the war broke out and inflation was roaring. There's a reason people spend crazy amounts of time analyzing the fed. When they start raising rates a lot, like 75 basis points, the market WILL crash.

I then started playing around with swing trading energy and monkeypox stocks and options and I'm now a little ahead of break even for the year. Generally government spending (monkeypox) and whatever is driving the inflation (energy) does well in an inflationary depression, which is what we're in. You have to watch the news though to see if monkeypox is a dud or if opec is going to throw a tantrum in response to world events, like when probably the U.S starts destroying energy infrastructure.

Sure, swing trading is short term capital gains, but the key to investing is DON'T LOSE MONEY. You can only use $3000 in losses a year, so losing money in the stock market is double bad.

I will eventually become a bull again when the fed decides to start lowering rates. Permabears are just as big of stock market losers as permabulls.

Re: Ask HN: How to deal with markets down turn? Feeling down

#164

Post by faebi »

If you still feel like investing, then just continue. It's called dollar cost averaging. The modern term would be buying the dip. Also you could save cash and wait till you think the market has bottomed. Now some stuff has crashed more than others. You could find new opportunities which are really undervalued in these markets. A lot of the weighting has changed. So what I'm saying is, nothing stops you from continuing. You may lost a round but not the game.

Re: Ask HN: How to deal with markets down turn? Feeling down

#165

Post by hawkeye224 »

alar44 wrote: post #143
jeremyt wrote: post #81

Earlier quoted context omitted.

To make money, why else? Look folks, this wasn't my retirement money, it was money I didn't particularly need and had no idea what to do with. It always worked for me before. My investing history is a long string of huge successes beginning in 2014. I've always invested in companies I believed in and that had solid fundamentals. It appears the market doesn't give a shit about company fundamentals right now. Most smal…

Wait, you're telling me you did well during the longest bull run ever? During 2014-2021 you literally couldn't lose.

"Everyone is a genius in a bull market".. and we had one of the longer (and most artificially propped up) ones

Re: Ask HN: How to deal with markets down turn? Feeling down

#166

Post by Mikeb85 »

jeremyt wrote: post #81
thehappypm wrote: post #37

Earlier quoted context omitted.

What was your motivation to invest in such a way that 95% loss was even possible?

To make money, why else? Look folks, this wasn't my retirement money, it was money I didn't particularly need and had no idea what to do with. It always worked for me before. My investing history is a long string of huge successes beginning in 2014. I've always invested in companies I believed in and that had solid fundamentals. It appears the market doesn't give a shit about company fundamentals right now. Most smal…

> It appears the market doesn't give a shit about company fundamentals right now.

Fundamentals have never mattered all that much. Stock prices are based on demand for the stock itself, which is largely dependent on economic conditions. When the Fed was increasing the money supply a lot of that excess pumped up stocks because there was nowhere else for it to go, now that money is drying up causing the market correction.

Re: Ask HN: How to deal with markets down turn? Feeling down

#167

Post by armitron »

baby wrote: post #134
jeremyt wrote: post #81

Earlier quoted context omitted.

To make money, why else? Look folks, this wasn't my retirement money, it was money I didn't particularly need and had no idea what to do with. It always worked for me before. My investing history is a long string of huge successes beginning in 2014. I've always invested in companies I believed in and that had solid fundamentals. It appears the market doesn't give a shit about company fundamentals right now. Most smal…

Same here. My biggest bets were facebook, uber, and netflix, and they went down the most. Still, I still think that there’s no way these companies won’t continue their growth so I refuse to sell.

I'd sell all of these without thinking twice.

Re: Ask HN: How to deal with markets down turn? Feeling down

#168

Post by roeles »

orzig wrote: post #58

All this is good advice, but I haven't seen any prospective on personal budgets: - Remember that money exists to be spent on useful things, it's not a video game score - Understand your monthly spending and monthly take-home. If you're in a role that grants equity, I bet you've got a healthy surplus. If not, I bet you could make some lifestyle changes to achieve that. - Take a moment to really accept that you are fin…

Brilliant advice. Simple wisdom.

Thank you so much for sharing.

Re: Ask HN: How to deal with markets down turn? Feeling down

#169

Post by extragood »

jeremyt wrote: post #153
noloblo wrote: post #131

Earlier quoted context omitted.

It is my firm belief that you are meant to learn certain things in life, and your subconscious very carefully and meticulously arranges your life circumstances to learn these things. This is why you often find yourself shaking your head and saying "I got myself into this". @jeremyt care to elaborate on this thesis and wondering how you came to this conclusion, was it a self journey

I was attempting to keep religion out of it, but this is the Buddhist worldview. I believe that my soul chose this life to learn what I'm learning. And whether I'm conscious of it or not, the "higher self" part of me hangs around in the background to ensure that I learn what I need to. This isn't typically what one would expect from what other religions would call a "guardian angel", but that's kind of how I see it.…

I'm not spiritual at all, but I did resonate with the Buddhist principle to acknowledge your emotions, rather than to react (or avoid) them. Something I'm trying to apply in my own life.
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