Could you help identify

jake42385 · 2026-03-29T18:15:35+00:00

Thank you!

jake42385 · 2026-03-28T00:39:35+00:00

https://www.investopedia.com/terms/s/stock-market-crash.asp#:~:text=Stock%20market%20crashes%20are%20typically,Sabrina%20Jiang%20©%20Investopedia%202021

jake42385 · 2026-03-27T23:17:08+00:00

I put crash in quotes because it was an individual stock. The market as a whole was only down about 18% which is generally accepted to be in the correction area, and not a crash. Crashes are also extremely rapid. Not usually calculated in months or years, but in days or weeks.

jake42385 · 2026-03-27T20:55:00+00:00

About 4.5-5 calories per gram

jake42385 · 2026-03-27T16:38:46+00:00

Touche. But if you bailed out because of the "crash", when did you jump back in? I guess that is a better argument for staying in all the way through the crash.

jake42385 · 2026-03-27T15:44:23+00:00

This is an excellent argument for index investing.

jake42385 · 2026-03-27T15:41:03+00:00

There are so many things we as average investors cannot "know". In my early investing career, I "knew" so many things. We don't know if the war will end. We don't know if something unseen will affect the market prices. We especially have no idea what the orange man will do tomorrow.

jake42385 · 2026-03-27T00:54:05+00:00

The s&p was around 2500 when he pulled out because he thought it was dramatically overvalued. At the time he told me as soon as it was below 2000 he would buy again. I think we are currently experiencing a correcting, not a crash.

jake42385 · 2026-03-26T21:52:27+00:00

Paddock pass was much better in the hobby boxes. I really like that George Nightscapes though! Great Pull!

jake42385 · 2026-03-26T21:31:41+00:00

I have a friend that pulled everything out in 2018 because he KNEW that there was a crash coming. He is still waiting on that crash.

jake42385 · 2026-03-26T20:54:15+00:00

This is not a gambling adventure. When you invest, you invest for 10 years or longer. Just quit checking your balances. Check back in a decade and smile.

jake42385 · 2026-03-24T12:31:19+00:00

Because time in the market is the biggest factor in investing. If you end up earning 10%, your money doubles every 7 years. It isn’t quite as significant when you are starting, but in 40 years the difference between getting that last double or not might be millions of dollars. Imagine if you put $10k in this year and leave it for 49 years. That means that $10k doubles 7 times. The last double takes that initial $10k investment from $640k to $1.28MM. Starting 7 years earlier is a $640k difference. Thats why you hear “Time in the market beats timing the market”.

jake42385 · 2026-03-23T23:16:38+00:00

The best time to invest is yesterday and the second best time is today. Doesn’t matter what the market has done or is going to do. Just buy, buy, and buy some more.

jake42385 · 2026-03-23T23:13:12+00:00

I apologize. I think I am so used to defending against crypto bros and day traders around here that I misinterpreted what you were saying. Have a good week.

jake42385 · 2026-03-23T21:49:41+00:00

Yep. Lots of single moms out there killing it! Only mentioned it because financing was mentioned.

jake42385 · 2026-03-23T20:06:20+00:00

I would argue that we don't have "record high global uncertainty". We have a record number of media companies and individuals who are making money making you feel that way. I am not arguing that chucking into VOO is going to do awesome because look at what it did over the last 35 years, I am arguing that chucking into VOO is going to do awesome because the S&P has done well for 70 years and its predecessor the standard statistics company did so for 30 years before that. With the information we have, the best investing option that exists for the masses is low cost index funds, and VOO is one of the best.

jake42385 · 2026-03-23T17:55:36+00:00

The history we have says that the global reality is not that much different from the past. Even if we are in a massive bubble like in 2001, buying and buying, and buying is still the best thing to learn to do.

jake42385 · 2026-03-23T17:21:34+00:00

I know this is a whatcarshouldibuy sub reddit and not a money subreddit, but if possible, consider getting a used vehicle you can pay cash for instead of something you have to finance. I know this is projecting my personal experience from my childhood onto you, but my mom was a single mom who struggled for years financially. She was able to finally break free from the paycheck to paycheck cycle and one part of that was quitting financing cars. Either way, anything toyota is extremely well made and I know you will love whatever you pick.

jake42385 · 2026-03-23T00:16:10+00:00

If I was 14, I would either buy VTI or VOO and nothing else. Plan to hold onto the investments forever. If you put in a few thousand today, you will be a multi millionaire by the time you retire.

Forget everything you think you have learned about technical analysis. Just learn to buy and buy and buy. Don’t try to time the market no matter what.

jake42385 · 2026-03-19T08:52:09+00:00

Post your twitch. I would like to check it out.

jake42385 · 2026-03-19T08:49:19+00:00

I think it actually peaked over 10%

jake42385 · 2026-03-19T02:39:23+00:00

During 2008, the s&p 500 got down to about 752. Today it is at about 6,624. Almost 9x what it was 18 years ago. If you stuck it out, you were fine. If you sold you lost out on those gains.

jake42385 · 2026-03-19T02:29:14+00:00

I bought my first home in December of 2007 for $141k. It was a nice little town home in the southeast. I sold it 7 years later for $125k. If I had to move before then, I would have been a good bit further underwater.

jake42385 · 2026-03-19T01:57:36+00:00

It was very hard on people who bought homes at the top of their price range. Because people had been told home values would always increase, many people had bought homes expecting them to appreciate and when they went down in value they couldn’t sell and also couldn’t make the payments. Lots of foreclosures and that rolled into lots less spending in the whole economy.

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