Sc00ter

A lot of people have never had the flu? Feels like everyones had it in the last couple of years at least. My office has been ravaged by it, as well as all our local school systems. People down for a week, or more.

My first proper flu was about 2017 and it was miserable, but i cant help but wonder if i had it more when i was younger and kicked it without noticing. One of my kids has had it twice (confirmed via dr tests) and has shown little more than an ear ache and a grumpy attitude. I used to test postive for strep without symptoms, but got tested because my brother had it.

Like you were saying, these hit people different, and even proper influenze a/b can be mild to certain people

I feel the same way. Im 1 phase removed, but have been very lucky in dodging them too.

01 i was in high school, 08 i was in college with minimal expenses. I was paying $975 per quarter for room and board including 9 prepare meals a week and had enough school ships that my quarterly tuition was also under $1000, coupled with an engineering coop 1/2 the year, i came out financially ahead.

Covid i was a salaried essential worker who had to work 3 days a week but still got paid full salary. That made the lack of available child care bearable. I also had a house that i purchased with 3.25% mortgage.

This next one im feeling already. I moved for my wifes job this year, so that new mortgage rate sucks

From Trump University?

Whats your rationale for bull market? Were mathematically in a correction already

There are mathmatical definitions. Like our current correction happened when we were 10% below peak. Thats what i mean by calling them technical terms

Sure, but you see tesla going up on bad news, its not difficult to anticipate its going to come right back down. Im not telling people to throw money away, obviously you need to be educated. Last year i turned 7k into 35k. Took it all out except 700 and am already back to 6k.

Ive been doing this for about 14 years. I have experience and knowledge that someone starting out doesnt. That wasnt my point. My point is, it doesnt take much money to get started.

when we hit recovery or bull market

Those are technical terms. Thats when i recommend buying back in.

In addition to the target date funds, there are some very basic funds through every broker. Some big ones like SPX and QQQ track directly with the s&p and NASDAQ. Every etf will have a theme (tech, biotech, industrial, energy, etc.) And should have a short description on them. Find something that fits your fancy if you have an industry you really believe in

We have a lot of the same points, but what im trying to drive home is that, "buy low, sell high," doesnt mean, "buy the lowest, sell the peak." Markets in correction right now, its generally trending down. Potentially will turn bear market. You dont need to follow daily to know that. Now is as good a time to sell as last week, or the peak. You didnt miss it.

When it goes down more, you dont need to see the bottom. You can wait until it hits recovery or bull market even, and buy back. That point will likely be lower than where you sold even if its not the lowest. You dont need to buy the bottom, but buying lower than you sold is a win.

Most people arent playing the market daily. Especially in something like a 401k. You dont need to time the bottom. We're already in a correction, and its still going. You can wait until the market recovers, and as long as you buy back at a price lower than what you sold, call it a win.

Dont chase, "what could have been" because youll always feel like you lost

this isnt a slump yet

Technically we are in correction territory, so id say we are a slump. This isnt the bottom though. Get some puts and ride this baby all the way down. I hit 10x on tesla puts that i bought yesterday. This markets dumb and with the volatility this high, everyone should be making money if they sell when they are green and done diamond hand it