Will the stock market crash (June 24 2016 Update)?

[mr.MUskie]

We can all pitch in and help Greece.

http://gizmodo.com/someone-is-trying-to-crowdfund-a-greek-bailout-because-1714684321

[Jay Bee]

yeah my 401k contribution comes this Friday.

It always seems like I am a few days behind the big discount days, 401k-wise. Market will rebound tomorrow and Wednesday  

But I still throw a C Note into my Roth IRA on days like today.

Roth? A c note?  Rough. The plastic surgery biz isn't paying much these days, a1nal??

[Coleman]

Roth? A c note?  Rough. The plastic surgery biz isn't paying much these days, I'm really a badger fanl?

In my 20s. Sorry I haven't reached your income yet.

[Badgerhater]

In my 20s. Sorry I haven't reached your income yet.

Best money you will ever make investing is that invested in your 20s.

[Badgerhater]

I like market chaos -- people overreact.   I rarely sell and I stockpile cash for buying opportunities.  A set amount of my paycheck goes into the cash balance of my brokerage account every month.

I am a buy and hold type of person who is mostly into investing in companies that regularly raise their dividend.  I will sell at a predetermined amount in order to take my initial investment out and then let the rest ride.

[Coleman]

I like market chaos -- people overreact.   I rarely sell and I stockpile cash for buying opportunities.  A set amount of my paycheck goes into the cash balance of my brokerage account every month.

I am a buy and hold type of person who is mostly into investing in companies that regularly raise their dividend.  I will sell at a predetermined amount in order to take my initial investment out and then let the rest ride.

Agreed. At this stage of my life, I am only buying investments, never selling. Everything I need or want in my daily life I can purchase out of my bi-weekly cash flow or cash savings. People say you can't time the market, and this is true if you are buying and selling, but if you are just buying, you can time the hell out of it. I make regular dollar-cost averaging contributions to a 401k and Roth every 2 weeks, but if there is a 1% dip or more on any given day, you can bet I am throwing in more. To me, that is timing the market.  Sure, selling is a completely different animal, but I'm not worried about that right now.

[Tugg Speedman]

Here we go again, Wall Street is freaking out about tomorrow (July 6).  Dow Jones futures are pointing at another down 250 to 300 day (as of now)

Greece resoundingly voted no to the European deal.  

[GooooMarquette]

 Yep. Down tomorrow and back up by the end of the week.

Enjoy your status as a Third World country, Greece!

[warriorchick]

Yep. Down tomorrow and back up by the end of the week.

Enjoy your status as a Third World country, Greece!

I say the U.S. should offer to bail them out in exchange for a few of the more desirable Greek Islands. We could make it the 51st state - our Mediterranean Hawaii, as it were.

[ChicosBailBonds]

Yep. Down tomorrow and back up by the end of the week.

Enjoy your status as a Third World country, Greece!

Greece....the Puerto Rico of Europe.

[GooooMarquette]

This person gets it:  http://money.cnn.com/2015/07/05/investing/what-to-expect-market-greece-vote/index.html

[Tugg Speedman]

 "If more respected investors had warned about the market in '07, we might have avoided the crisis in '08.  I think the public is walking into a trap again..."  –  Carl Icahn via Twitter June 24, 2015

Who is Carl Icahn?

http://img.timeinc.net/time/daily/2013/1312/360_cover_1216.jpg

December 16, 2013

[GooooMarquette]

If I was 79 like Carl Icahn, I'd be really worried about a short-term drop.  I'm not, so I'm not.

The market bounced back from '08 just fine, and regardless of what happens tomorrow, it'll bounce back again.

[MU Fan in Connecticut]

I say the U.S. should offer to bail them out in exchange for a few of the more desirable Greek Islands. We could make it the 51st state - our Mediterranean Hawaii, as it were.

That's out of the box thinking.

We bought this Purchase from France, some land from Mexico, Alaska from Russia, and island from Denmark.

[warriorchick]

That's out of the box thinking.

We bought this Purchase from France, some land from Mexico, Alaska from Russia, and island from Denmark.

Plus, there's the added benefit of driving the other European nations insane with the notion of the U.S. having a foothold in Europe.

[GGGG]

I say the U.S. should offer to bail them out in exchange for a few of the more desirable Greek Islands. We could make it the 51st state - our Mediterranean Hawaii, as it were.

I vote Lesbos.

[warriorchick]

I vote Lesbos.

Well, Sultan, you win the prize.  I was wondering who was going to say that first.

[ShootinOutWallsofHeartach]

I say the U.S. should offer to bail them out in exchange for a few of the more desirable Greek Islands. We could make it the 51st state - our Mediterranean Hawaii, as it were.

I thought it takes a solvent entity to bail out an insolvent one. Silly me, I forgot about quantitative easing. "Hit it, Fed printing presses!" I thought that original Ponzi guy was Italian. Bravo Fiat (great car) money systems!!

More I think about it, what a great idea! China will never find us in our ClubMed Thassos.

[GGGG]

Well, Sultan, you win the prize.  I was wondering who was going to say that first.

You heard the views were fantastic too?

[Skatastrophy]

Carl Ichan is an activist investor. He creates his own news to try and push the market in ways in which he'll profit. If you're long term investing you should completely ignore him. If you're short-term trading, then you can try and trade on the "news" that he spins himself.

[mu03eng]

http://fivethirtyeight.com/datalab/calm-markets-are-bad-news-for-greek-negotiators/

Ultimately Greece will have to do some work on it's entitlements and some banks are going to have to forgive debt.  This will not bring down the financial system.

[vogue65]

Agreed. At this stage of my life, I am only buying investments, never selling. Everything I need or want in my daily life I can purchase out of my bi-weekly cash flow or cash savings. People say you can't time the market, and this is true if you are buying and selling, but if you are just buying, you can time the hell out of it. I make regular dollar-cost averaging contributions to a 401k and Roth every 2 weeks, but if there is a 1% dip or more on any given day, you can bet I am throwing in more. To me, that is timing the market.  Sure, selling is a completely different animal, but I'm not worried about that right now.

A+ for sound personal financial planning.

[Tugg Speedman]

A+ for sound personal financial planning.

What do you buy?  Individual stocks?  Mutual funds?  ETFs? Foreign?  Only domestic?  Bonds?  Alternative investments?  Do you buy leverage instruments (or use leverage)?

[Coleman]

What do you buy?  Individual stocks?  Mutual funds?  ETFs? Foreign?  Only domestic?  Bonds?  Alternative investments?  Do you buy leverage instruments (or use leverage)?

low-cost index funds.

[Tugg Speedman]

For the third Sunday night in a row markets are wobbly over Greece.