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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (13725)5/18/2022 12:04:13 PM
From: berniel1 Recommendation

Recommended By
Kirk ©

  Respond to of 26838
 
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To: Kirk © who wrote (13725)3/4/2023 10:06:54 AM
From: Kirk ©2 Recommendations

Recommended By
Investor2
POKERSAM

  Read Replies (1) | Respond to of 26838
 
Update on my VTI, Total Stock Market, chart that showed the bear last year. Clearly, falling 28.4% from the top was a big, bad bear market.
Message #13725 from Kirk © at 5/18/2022 11:58:06 AM

....

BTW, my historical charts show a decent decline... arguing if 18 to 22% is a bear market, happened the last two times they brought rates up from abnormally low levels... so this is not unexpected. ANYONE WITH A CLUE was urging taking massive profits at the highs last year and early this year. The good news is my portfolio rebalancing email took massive profits in stock funds last year and bought money funds paying nearly zero... The bad news is when the markets are down so much, you always wish you took more profits in deferred accounts...

The TOTAL STOCK MARKET was down over 21% so we ARE officially in a bear market despite what frauds and hucksters shout to avoid admitting they lost all their clues ages ago.
It is very interesting that we've had two 20% rallies off lows.



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