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Anybody buying on this downturn?

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  • kork13
    replied
    Actually, reconsidering... I'll put in a limit order for the BRK.B share at a deep discount. If the dip continues (significantly... like, 10% territory), I may as well snap up the cheap share, albeit just one. Why not?

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  • kork13
    replied
    Wrong timing. I'm currently stockpiling cash, and easily have $100k+ that I could drop into the market tomorrow.... But that money is set aside for our next house downpayment in Apr/May, so I think that'd probably be a poor choice. Besides, that much of a sudden private purchase would probably cause the robots to buy again and modulate the dip, and I wouldn't want to ruin the fun for you guys.

    But as is, I only have ~$250 in free cash in my brokerage account. I could buy another share of BRK.B, but probably won't bother with that right now. We're not remotely in "really bad day" territory, so I'm happy to sit on the sidelines and let it ride. I do have my standard twice-monthly ~$1000 going into retirement, so I'll happily have that go in if the downbeat holds until the 1st. But otherwise, I'm not messing with any immediate buys right now.

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  • Like2Plan
    replied
    I was thinking about buying another DIS share (tomorrow) and I just noticed that Bob Iger stepped down as CEO effective immediately. I didn't see that one coming....

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  • TexasHusker
    replied
    It’s not really a correction until you see a 10% drop That’s ~3000 points. As long as this bull has run, a 6-7000 point drop should be expected. Nothing goes straight up, but this bull is about as close as it gets.

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  • Mjenn
    replied
    Our local port is seeing a steep 50% drop in incoming shipments already and that will impact pretty heavily Our local industry and infrastructure. A lot of parts, vehicles, electronics from China that aren’t turning up. I’m inclined to wait a bit as I think this will have a big impact before Recovery happens as I think our port is probably the norm not the exception.

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  • Jluke
    replied
    10 shares of VTI on 24-Feb (164.43)

    limit order 10 shares of VTI at 160 pending

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  • cypher1
    replied
    Last night I put in an exchange of small cap value funds (felt i had too much for agressiveness, and they weren't making anything since I bought) for international funds for rebalance. I plan to slowly do small transactions throughout this year for those two.

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  • bjl584
    replied
    It's getting tempting, but I haven't really done enough research on any individual stocks to know what is a good buy at this point.

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  • rennigade
    replied
    I thought about it, but I will probably wait till friday or the 1st. I put in $1k/month. So even at a 4-5% discount, its not that much. If I were thinking about moving in $50k...id probably get in a few days early. And who knows...it may be down a couple more percent by the end of the week. or it may be up a little.

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  • disneysteve
    started a topic Anybody buying on this downturn?

    Anybody buying on this downturn?

    I know we aren't a bunch of market timers here but just curious if anyone is looking for buying opportunities with the 1,400+ point drop in the market yesterday and so far today.

    I haven't really looked. I do put a couple thousand a month into our Vanguard account, usually the first week of the month. I may make my March deposit a few days early and do it later today or tomorrow instead. But that's about the extent of anything I expect to do differently.
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