AE good tip, and believe me I do Trek where the the Grizzlies Roam. I always carry a big sidearm and considered myself to be rather macho, but after watching serveral videos on bear attacks, I will still carry my gun but Bear Pepper Spray will be my first defense. Bear Spray may also be the best way to go when facing 4 federal agents at your front door, probably more affective and if and when they get you, there will be no murder charge against you. And BTW I just killed a big black bear with my bow. Trekker Out.
Also, be sure you're focused on percentages, not points, when thinking about stock market movements. This is something the media doesn't sufficiently understand, often reporting market drops in points instead of percentages. As an example, the Dow Jones Industrial Average dropped by a whopping 1,175 points in a single day in February 2018, which sure sounds like a lot -- especially compared with 1987's "Black Monday," when the Dow fell 508 points. But in percentage points, it was a meaningful yet not catastrophic 4.6% decline -- while 1987's drop wiped out 22.6% of the market's value at the time. The Dow was near 26,000 at the time of this writing, and the S&P 500 was around 2,800. At those levels, if the Dow "plunges" by 260 points, remember that it would be just a 1% move. Even a 1,000-point drop would be just a 3.85% decline.
There are a few things to bear in mind here. The first is that investors can overestimate their ability to endure losses during the good times. So be a little more conservative in your allocation than you might think. Also, it's not just about having nerves of steel, it's also about how soon you'll need the money in your portfolio. Even if you are a fearless and disciplined investor, it doesn't matter if you need to spend down a big chunk of your portfolio each year. Regardless of your temperament you'll be a forced seller in a weak market, and therefore, considering having some of your assets more conservatively positioned so that they are a more robust source of cash when you need them can make sense.
By that year, Gutman wrote, "Video games were officially dead and computers were hot". He renamed his magazine Computer Games in October 1983, but "I noticed that the word games became a dirty word in the press. We started replacing it with simulations as often as possible". Soon "The computer slump began ... Suddenly, everyone was saying that the home computer was a fad, just another hula hoop". Computer Games published its last issue in late 1984. In 1988, Computer Gaming World founder Russell Sipe noted that "the arcade game crash of 1984 took down the majority of the computer game magazines with it." He stated that, by "the winter of 1984, only a few computer game magazines remained," and by the summer of 1985, Computer Gaming World "was the only 4-color computer game magazine left."
These volumes of trading activity in 2011, to some degree, were regarded as more natural levels than during the financial crisis and its aftermath. Some argued that those lofty levels of trading activity were never an accurate picture of demand among investors. It was a reflection of computer-driven traders passing securities back and forth between day-trading hedge funds. The flash crash exposed this phantom liquidity. In 2011 high-frequency trading firms became increasingly active in markets like futures and currencies, where volatility remains high.
“…Low-money-down loans have been available for decades, and that is not what caused the housing crash. Really bad loans to people who should not buy houses is what caused the housing crisis. …” I’m presuming this is a ‘cliff notes’ take on the market since we can’t dispense all knowledge in a post. But my quick 2 cents. As a 2nd generation broker/investor/finance degree holder, bad loans where just a part of the problem. We had funds flowing out of other ‘under performing’ investments…e.g: $’s tend to move from CDs to collectables to stocks to real estate. I’ve owned all but stocks. Further, and this a more of a localized thing, wages must support prices. Las Vegas had speculators running up prices but buyers weren’t all from out of town so prices couldn’t be sustained. Here in NW Detroit suburbs, we are seeing a lot of new industry coming in and hence price strength above what might be healthy in other parts of MI.
Flooding has hit U.S. coastal towns three to nine times more often than they did 50 years ago. In Miami, Florida, the ocean floods the streets during high tide. Harvard researchers found that home prices in lower-lying areas of Miami-Dade County and Miami Beach are rising more slowly than the rest of Florida. A study using Zillow found that properties at risk of rising sea levels sell at a 7 percent discount to comparable properties. By 2030, Miami Beach homes could pay $17 million in higher property taxes due to flooding by 2030.
By September 1983 the Phoenix stated that 2600 cartridges "is no longer a growth industry". Activision, Atari, and Mattel all had experienced programmers, but many of the new companies rushing to join the market did not have the expertise or talent to create quality games. Titles such as Chase the Chuck Wagon (about dogs eating food, funded by the dog food company Purina), Skeet Shoot, and Lost Luggage were examples of games made in the hopes of taking advantage of the video-game boom.
Since the Great Recession, the financial system of the country has somewhat matured, thanks to the introduction of tight regulations including Dodd Frank and Basel III with the sole agenda of preventing bundling of mortgages, and in turn another crisis. While there still are plenty of risky loans today, these are not big enough to cause an economic meltdown.
The trouble is that further escalation is still on the cards. Both sides are still well apart on the key issues (like IP protection) and President Trump remains defiant saying “it’s time to take a stand on China” and his threat to increase tariffs on all imports from China remains. Chinese growth is far from collapsing and China is using policy stimulus to offset the economic impact of the tariffs, so is in no hurry to respond to pressure from Trump. Our view remains that a negotiated solution is likely, but it’s unlikely to come until later this year or early next.
Eh... Who cares?! I'll pay... a 49 + 1/4 bid for 50,000 Procter, if I were at my hedge fund. I mean, this is ridi... this is a good opportunity. When I walked down here it was at 61—when I walked down here it was at 61, I'm not that interested in it. It's at 47, well that's a different security entirely, so what you have to do, though, you have to use limit orders, because Procter just jumped seven points because I said I liked it at 49.
US data remains strong. Manufacturing conditions remained strong in the New York and Philadelphia regions and the Markit manufacturing PMI rose, the Conference Board’s leading indicator is continuing to rise, and jobless claims fell further. Housing-related data, like starts, permits and sales, doesn’t have a lot of momentum but it’s consistent with a flat/modest contribution to economic growth and at least it’s a long way from the pre-GFC housing boom that went bust.
Since February 2013, the broad market has three circuit breakers tied to the performance of the S&P 500 index. If it loses 7%, 13%, or 20% of its value compared to the previous days close, trading halts for a period of time. If anything can be considered a stock market crash, it's hitting these circuit breakers.Remember, Black Monday (October 19, 1987) saw the DJIA lose 22.6% in a single day.
Despite fears of a repeat of the 1930s Depression, the market rallied immediately after the crash, posting a record one-day gain of 102.27 the very next day and 186.64 points on Thursday October 22. It took only two years for the Dow to recover completely; by September 1989, the market had regained all of the value it had lost in the 1987 crash. The Dow Jones Industrial Average gained six-tenths of a percent during the calendar year 1987.
In other words, bear markets are part of investing. You can’t avoid them – but you can make sure a bear market doesn’t wipe you out. Rule number one is to diversify, and periodically rebalance your portfolio. When a correction, stock market crash or bear market comes along, the stocks that fall the most are those that are trading at the highest valuations, those with the most debt, and those with the lowest margins.
HELL ONFRICKING EARTH AND THE END OF ALL LIFE ON EARTH AS WE KNOW IT IS NOW LITERALLY UP IN OUR FACES, JESUS HELP OUR SORRY ASSES THAT WE are in the 3-5,000,000 shtf survivors. Then comes Planet X, Nibiru showing up in April 2016, tips the poles on the plante 24′, erases the planets magnetic field, meltdown the ice caps and causes 1000 mph fu.///i…g winds trashing up the entire city centers of the all countries of the globe. Flooding, windstorm, hail, Hurricane, sunamis, etc, Crop destruction, anmimals running and migrating to the center of the Country to safe areas, futher depleting animal stocks in coastline cites, leaving the only avaible meat source to eat, fat, larger over women and men who did not prep, now the new food source to sustain the Dred Lock and lantino, ganstar drug dealing survivors.
6750 ft up on top of a mountain lends some perspective that’s for sure, The quiet is great for the sole. We still have to work during the week. On the weekends we work for ourselves, gathering firewood learning how to grow food etc. Freedom at least for me is eliminating the need for outside inputs. We have just enough solar power to be comfortable running our house. Woodstove for heat, well for our water. Growing some vegetables for food. Every year is easier than the year before.
One of the more predominant effects of the 1983 crash was on Atari. In 1982, it had published large volumes of Atari 2600 games that they had expected to sell well, including a port of Pac-Man and game adaption of the film E.T. the Extra-Terrestrial. However, due to the quality of these games and other market factors, much of Atari's production did not get sold. In September 1983, Atari discreetly buried much of this excess stock, as well as unsold stock of earlier games, in a landfill near Alamogordo, New Mexico, though Atari did not comment about their activity at the time. Misinformation related to sales of Pac-Man and E.T. led to an urban legend of the Atari video game burial that millions of unsold cartridges were buried there. Gaming historians received permission to dig up the landfill as part of a documentary in 2014, during which former Atari executives clarified that only about 700,000 cartridges had been buried in 1982, backed by estimates made during the excavation, and disproving the scale of the urban legend. Despite this, Atari's burial remains an iconic representation of the 1983 video game crash.
It’s a sorry reflection of the times we live in when we celebrate the rising cost of providing shelter for your family. The social cost of both parents having to work in order to afford a home – kids in daycare, less disposable income to put to into their development… this is the situation for so many families now. This inconvenient truth is happily ignored by those who profit in the current market, and while money it to be made it is unlikely to change.
Another reason for sudden fall is IL&FS debt crisis . It has defaulted over 3 payments this month . Since alot of banks have exposure to it's 90,000 crore debt, banking stocks are also seeing a sell off owing that they may to write off this amount . Although LIC has come to it's rescue by buy agreeing to subscribe to it's right issue ,but only the time would tell whether they will able to save this crisis or not.
Last week when we were closing on our house- we were selling-, we were told there was a delay earlier in the day. All house sales and money transactions go through the federal reserve. Luckily it came back up, we sold and “pocketed” our gains in the bank. Now what to do with it!!! I am not sure it is safe in the bank, talking $260,000. We want to move to middle, southern Tn. Living in an apartment till my daughter graduates. Any ideas?
With the bankers' financial resources behind him, Whitney placed a bid to purchase a large block of shares in U.S. Steel at a price well above the current market. As traders watched, Whitney then placed similar bids on other "blue chip" stocks. This tactic was similar to one that had ended the Panic of 1907. It succeeded in halting the slide. The Dow Jones Industrial Average recovered, closing with it down only 6.38 points for the day. The rally continued on Friday, October 25, and the half day session on Saturday the 26th but, unlike 1907, the respite was only temporary.
Hi Aaron, so nice to hear from someone from Nebraska. I see how prices are rising fast again this summer. I’m wondering that with few listings, what kind of home would you get if you bought this year? Could you find a real gem? The US economy will grow so prices in Omaha are likely to rise strongly. Soybean prices are way down, there’s a lot of risk for 2018/2019? I suspect rent until you’re sure is the best advice. Good luck with your decision!
Remember: the so-called stock market is one of many, many measurements of dozens or hundreds or thousands of companies in countless industries. Some businesses are great. Some businesses are poor. Some are growing. Some are shrinking. Some of their markets are disappearing. Others are expanding. We can examine history to explain what the market does over time, but we cannot predict a single day.
Market crashes are far more common in our imagination than in reality. This is because they are vivid and scary events. Given our evolution, we are wired to worry about these sorts of vivid events. While, this may have been useful in helping us avoid getting eaten by tigers, it's less useful for rational, disciplined stock market investing. By thinking this topic through now, hopefully you're a little better prepared when the next crash hits.