Real World Event Discussions

Dow @ 20K. Time to jump off!

POSTED BY: JO753
UPDATED: Friday, April 4, 2025 13:08
VIEWED: 120054
PAGE 114 of 119

JEWELSTAITEFAN

Friday, July 17, 2020 3:00 AM

Quote:
Originally posted by JEWELSTAITEFAN:
My stocks and mutual funds are in my retirement account. Yes, I did make some nice gains in the valuation of y retirement account.

This thread provides a large body of my posts, and therefore it should be no surprise what I did, and what I would have recommended anybody else do during the past few months.

When the market dropped, that would be the time to buy in stocks - buying whichever stock r fund dropped the most. Unless there was some valid rason that such a fund would not, for some reason, rebound.

I had most of my money in 2 funds, called Common Stocks and Small Capital Stocks. When the market dropped, I looked and sdaw that my S Fund had dropped at a larger percentage than my C Fund. Therefore, I transferred much of my C Fund(which had retreained more of it's value) balance into my S Fund (which will have a greater percentyage of gain on rebound).

When the Market (and S Fund) has regained their prior levels, I can transfer much of this allocation back to the C Fund, to cement my gains.

But readers of this thread, I am sure, already knew all of that would happen, and didn't need me her pointing it all out every step of the way.

As of today, there is still a little dip from when it was around 28K a few weeks ago. So those who haven't yet could still now do the same movements which were available a month or so ago.

I use my phone for most of my internat connection. Last year the combination of my phone and this site stopped allowing me to login. One other site seems to have same or similar problem. At least one other site I do not wnt to connect to except via anonymous computer, such as the library or other public computer - not my personal PC or my phone.
I have been able to survive without posting daily here. Sorry if anybody perished due to my lack of posting.

I did not go into detail before, but now we can look at a few interesting dates.

Let's look at simple numbers, for instance on 12 Feb we can start with $100,000 in the Account, equally split between the Common Stock (C) Fund and the Small Cap (S) Fund, which are 2 heavily used Funds available in this Family.
Obviously, similar performances can be found in other Fund Families or Retirement portfolios.

Values with no change between funds:

DayMo DowJIA CFund Price SFund C Value S Value C+SValue C Shares S Shares
12Feb 29,551 $49.5241 $58.5068 $50,000 $50,000 100,000 1009.6095 0854.6015
28Feb 25,409 $43.3479 $51.4499 $43,764 $43,969 $87,734 1009.6095 0854.6015
2 Mar 26,703 $45.3408 $53.0054 $45,777 $45,299 $91,075
12Mar 21,200 $36.4219 $39.8265 $36,772 $34,036 $70,808
23Mar 18,591 $32.8598 $34.6350 $33,176 $29,591 $62,766
1 Apr 20,943 $36.2950 $37.9828 $36,644 $29,591 $69,104
8 Jun 27,572 $47.6757 $55.8492 $48,134 $47,729 $95,863
14Jul 26,642 $47.2391 $53.8560 $47,693 $46,025 $93,718
Return to hi $49.5241 $58.5068 $50,000 $50,000 100,000 1009.6095 0854.6015

I've highlighted the 2 March Dow close of 26,703 and the almost as high close of 26,642 on 14 Jul to show the Fund performance alone added nearly $2,700 on it's own during this period.

As I've explained many times before, at a time like 23 March, when a fund has retained more of its value (like the C Fund), you can sell that and buy into one which has more value to recover (like the S Fund here).

Values when transferring C Fund Shares to S Fund Shares on 23 March:

DayMo DowJIA CFund Price SFund C Value S Value C+SValue C Shares S Shares
12Feb 29,551 $49.5241 $58.5068 $50,000 $50,000 100,000 1009.6095 0854.6015
28Feb 25,409 $43.3479 $51.4499 $43,764 $43,969 $87,734 1009.6095 0854.6015
2 Mar 26,703 $45.3408 $53.0054 $45,777 $45,299 $91,075
12Mar 21,200 $36.4219 $39.8265 $36,772 $34,036 $70,808
23Mar 18,591 $32.8598 $34.6350 $33,176 $29,591 $62,766 ----.---- 1812.7407
1 Apr 20,943

JEWELSTAITEFAN

Tuesday, July 21, 2020 2:56 AM

Quote:
Originally posted by JEWELSTAITEFAN:
Quote:
Originally posted by JEWELSTAITEFAN:
My stocks and mutual funds are in my retirement account. Yes, I did make some nice gains in the valuation of y retirement account.

This thread provides a large body of my posts, and therefore it should be no surprise what I did, and what I would have recommended anybody else do during the past few months.

When the market dropped, that would be the time to buy in stocks - buying whichever stock r fund dropped the most. Unless there was some valid rason that such a fund would not, for some reason, rebound.

I had most of my money in 2 funds, called Common Stocks and Small Capital Stocks. When the market dropped, I looked and sdaw that my S Fund had dropped at a larger percentage than my C Fund. Therefore, I transferred much of my C Fund(which had retreained more of it's value) balance into my S Fund (which will have a greater percentyage of gain on rebound).

When the Market (and S Fund) has regained their prior levels, I can transfer much of this allocation back to the C Fund, to cement my gains.

But readers of this thread, I am sure, already knew all of that would happen, and didn't need me her pointing it all out every step of the way.

As of today, there is still a little dip from when it was around 28K a few weeks ago. So those who haven't yet could still now do the same movements which were available a month or so ago.

I use my phone for most of my internat connection. Last year the combination of my phone and this site stopped allowing me to login. One other site seems to have same or similar problem. At least one other site I do not wnt to connect to except via anonymous computer, such as the library or other public computer - not my personal PC or my phone.
I have been able to survive without posting daily here. Sorry if anybody perished due to my lack of posting.
I did not go into detail before, but now we can look at a few interesting dates.

Let's look at simple numbers, for instance on 12 Feb we can start with $100,000 in the Account, equally split between the Common Stock (C) Fund and the Small Cap (S) Fund, which are 2 heavily used Funds available in this Family.
Obviously, similar performances can be found in other Fund Families or Retirement portfolios.

As I've explained many times before, at a time like 23 March, when a fund has retained more of its value (like the C Fund), you can sell that and buy into one which has more value to recover (like the S Fund here).

But even if you didn't hit the 23 Mar date, you can

Values when transferring C Fund Shares to S Fund Shares on 23 March:

DayMo DowJIA CFund Price SFund C Value S Value C+SValue C Shares S Shares
12Feb 29,551 $49.5241 $58.5068 $50,000 $50,000 100,000 1009.6095 0854.6015
28Feb 25,409 $43.3479 $51.4499 $43,764 $43,969 $87,734 1009.6095 0854.6015
2 Mar 26,703 $45.3408 $53.0054 $45,777 $45,299 $91,075
12Mar 21,200 $36.4219 $3

JEWELSTAITEFAN

Friday, July 24, 2020 2:42 AM

Dow closed yesterday at 27,005.

That is 8,6% off the All-Time Record High.

JEWELSTAITEFAN

Friday, July 31, 2020 1:10 AM

On Tuesday Dow closed at 26,379. More bargain pricing.

JEWELSTAITEFAN

Wednesday, August 5, 2020 12:24 AM

Dow closed at 26,428 last Friday. A decent buy-in price.

JO753

Wednesday, August 5, 2020 3:57 PM

Frend uv mine scored big with Kodak stok. Got it wen it wuz nearly worthless then sold wen it jumped way up to 60$.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

6IXSTRINGJACK

Wednesday, August 5, 2020 9:53 PM

If that's true, the man's a genius.

It was $2.62 on July 27th. It was less than $8 a share on the 28th of July. It closed on the 29th at $33.20 a share, so it wasn't up at $60 for very long before closing out the day at about half that price. It's at $15.32 right now.

Now it's under an SEC investigation and Motley Fool is telling everyone to stay away from it.

Me wondering if your buddy has shady friends in high places, or if he just made a deal with the devil himself.

Do Right, Be Right. :)

JO753

Thursday, August 6, 2020 6:40 PM

I probably didnt recall the numberz and dates correctly. I think he sed he got a big pile uv sharez yirz ago wen they declared bankrupsy.

----------------------------
DUZ XaT SEM RiT TQ YQ? - Jubal Early

http://www.7532020.com .

6IXSTRINGJACK

Thursday, August 6, 2020 9:15 PM

I'm certainly not a pro, and I don't follow the market at all anymore, but I wanted to get a feel for how he made his money after you said that. So I googled Kodak stock and couldn't see anything at all recently showing anything close to $60. So put their graph to the "max" and it went out what looks to be about 7 years back and still nothing coming close to $60.

Then I googled Kodak 60 per share and the Motley Fool article came up about this all happening last week.

https://www.fool.com/investing/2020/08/03/why-kodak-stock-plummeted-to
day.aspx

Looks like they did some pretty shady shit too, like giving the executive chairman 1.75 million stock options just before a deal to produce covid related pharmaceutical components was announced to the public. A deal that saw their stock rise over 2500% in a very short time, which would have made the dude a mega-millionaire had the stock prices not fallen sharply almost overnight.

Do Right, Be Right. :)

JEWELSTAITEFAN

Thursday, August 6, 2020 11:14 PM

Dow closed yesterday at 27,201.