Stocks, Investing and Retirement Accounts
- Thread starter Ludacris
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- finance investments money stock
Sure they will. Powell already hinted at slowing the hikes down, although today's hot jobs report might make him rethink that one. Throughout history the fed has always overdone it when it comes to rate hikes. When and if that happens again, they will have to course-correct (pivot). I can't say when but it will happen eventually.
We had an investment guy come in today. Some of our guys were asking questions and they guy kept using phrases like 30 years ago, etc. He was trying to walk around the questions. I said what a new investor in the last couple of years. Ya, he didn't like that question. One thing I learned is how bad not only stocks have done recently but bonds as well last year. The only thing was his fees, you can do the same thing using online apps without all the fees. By the way, how is the market doing today?
Very nice day so far, especially for certain individual stocks. Index's are going to struggle short term. It's a stock pickers market right now. If you only have broad funds, probably going to be under-performing for a few months. For long term investors who don't mind a little volatility, keep plugging away.We had an investment guy come in today. Some of our guys were asking questions and they guy kept using phrases like 30 years ago, etc. He was trying to walk around the questions. I said what a new investor in the last couple of years. Ya, he didn't like that question. One thing I learned is how bad not only stocks have done recently but bonds as well last year. The only thing was his fees, you can do the same thing using online apps without all the fees. By the way, how is the market doing today?
On a side note, I remember back in 07 or 08, we had a financial advisor come in during really a rough market period. He was talking about the historical average of the S&P of 8% gains and we were laughing because we hadn't seen that. It was negative year after year for a bit there. Well, I think the average is now up to 10 or 11% as we've been on a run since then and everyone's retirement funds have ballooned up. Don't let the short term noise distract.
