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Just look at as an opportunity to buy. I like to look at S&p 500 ETFs when the markets down like this because it will go back up where as some individual stocks may take a long time to recover.
 
S&P did like 27 or 29% last year. That’s not sustainable. Corrections are good and needed. Here’s some advice, do nothing. Buy more & go fishing. I hate to say it, but if you’re worrying about this pull back, you don’t have a very sound financial plan and probably need some financial education. Be diversified. Your portfolio should look like your tackle box.
 
S&P did like 27 or 29% last year. That’s not sustainable. Corrections are good and needed. Here’s some advice, do nothing. Buy more & go fishing. I hate to say it, but if you’re worrying about this pull back, you don’t have a very sound financial plan and probably need some financial education. Be diversified. Your portfolio should look like your tackle box.
It does. A ******* mess.
 
..and just like that, green...ok admit it, which one of you guys made a sheetload of cash today off that EPIC bounce. hint; wasn't me haha
 
my oil stocks are putting my portfolio into the green today

of course if i fill up my truck today thoes gains are wipped away lol
Haha yeah. Last week when I filled up was the first time that I hit the $200 limit. Time for a little hybrid for my day to day commuting. It'll be virtually free with the offset in diesel prices and me driving 45,000km per year.
 
The clowns never rise rates today, still pushing the transitory bs.

more inflation on the way imo
 
with this energy craziness, I missed INDO and a couple of others. IMPP and MARPS are some of the plays on the US market that are interesting and I am onto. It should be a wild week!
 
Personal finance is personal. For us, this is a good buying opportunity. As one cannot time the market, with a pullback like we’ve seen lately, it’s worth buying. The ETF I buy is -12% (VEQT) year to date so I’ve bought some. Is this the bottom, I think not. I don’t think anything has changed to alter the market sentiment. China is on lockdown, high inflation, house market cooling, Ukraine, etc. No one knows what will happen and no one can predict.
 
I'm not even using my cash set aside yet, and am OK if I miss some of the ride back up. I think this whipsaw is going to continue well into the fall, and then if geopolitical landscape subsides for a bit, then we should see a bit more stability in the markets before the next shitshow hits.

I am not selling oil quite yet, although the timing is decent currently.
 
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