Comments on: Only ONE Dow Stock Is Up This Year! http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/ A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance. Fri, 25 May 2012 17:52:53 +0000 hourly 1 http://wordpress.org/?v= By: Tim http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-368725 Tim Sun, 12 Oct 2008 21:25:58 +0000 http://allfinancialmatters.com/?p=2862#comment-368725 @HisMoney: you probably also have ESPP through your company too. @HisMoney: you probably also have ESPP through your company too.

]]> By: GarvFinancial http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-368101 GarvFinancial Fri, 10 Oct 2008 15:01:36 +0000 http://allfinancialmatters.com/?p=2862#comment-368101 Gaurav here...no surprise here that Walmart is doing well. Going by history, it seems to be the only stock that is recession proof. Gaurav here…no surprise here that Walmart is doing well. Going by history, it seems to be the only stock that is recession proof.

]]> By: HisMoney http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-368095 HisMoney Fri, 10 Oct 2008 14:32:13 +0000 http://allfinancialmatters.com/?p=2862#comment-368095 I'm one of those that will be investing heavily. I recently started working as a government contractor instead of full-time military. Now instead of 5% of my base pay going into my TSP account, 21% (which maxes me out) of my pay will be going into my 401k. For me personally, the market couldn't have tanked at a better time. I still have another 20-25 years until I retire and this will be extremely helpful in the cost averaging for my investments. I’m one of those that will be investing heavily. I recently started working as a government contractor instead of full-time military. Now instead of 5% of my base pay going into my TSP account, 21% (which maxes me out) of my pay will be going into my 401k. For me personally, the market couldn’t have tanked at a better time. I still have another 20-25 years until I retire and this will be extremely helpful in the cost averaging for my investments.

]]> By: Tim http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-368033 Tim Fri, 10 Oct 2008 09:42:46 +0000 http://allfinancialmatters.com/?p=2862#comment-368033 kitty, unless the economy tanks in depression where people en masse lose jobs, i doubt mentality will change. we have a large u.s. population that does not stick with anything for very long (e.g. flipping houses, hopping jobs, swapping credit, leases, etc), and i think this is one of the fundamental indicators of financial behavior. although people are cashing out in mass, they will equally take large risks to make up for losses. this will be the next big danger in the markets. it's an improper evaluation of risk: people are willing to take on far too much risk when markets are bubbling, but are not willing to retain that risk when markets are troubled. kitty, unless the economy tanks in depression where people en masse lose jobs, i doubt mentality will change. we have a large u.s. population that does not stick with anything for very long (e.g. flipping houses, hopping jobs, swapping credit, leases, etc), and i think this is one of the fundamental indicators of financial behavior. although people are cashing out in mass, they will equally take large risks to make up for losses. this will be the next big danger in the markets. it’s an improper evaluation of risk: people are willing to take on far too much risk when markets are bubbling, but are not willing to retain that risk when markets are troubled.

]]> By: JLP http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367983 JLP Fri, 10 Oct 2008 02:44:26 +0000 http://allfinancialmatters.com/?p=2862#comment-367983 DBJ, Good catch. Thanks! DBJ,

Good catch. Thanks!

]]> By: JLP http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367982 JLP Fri, 10 Oct 2008 02:43:08 +0000 http://allfinancialmatters.com/?p=2862#comment-367982 Jason, I got the ytd percentage change for the Dow from their website: http://www.djindexes.com/mdsidx/index.cfm?event=showavgIndexData Jason,

I got the ytd percentage change for the Dow from their website:

http://www.djindexes.com/mdsidx/index.cfm?event=showavgIndexData

]]> By: Kitty http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367981 Kitty Fri, 10 Oct 2008 02:15:57 +0000 http://allfinancialmatters.com/?p=2862#comment-367981 Philip, short ban has been lifted today. Also, it only affected the financials and couple of non-quite-financial stocks (like CVS, IBM, etc.) who somehow managed to be included. BTW - IBM has just pre-reported excellent earning and good guidance, and it still went down... although not as much as others. One problem that worries me is that many younger people will lose confidence in the market. So who will be buying when it's all over? I am itching to buy - I was about 60% invested before it started, but failed to get out on time - but I really wonder who'll be buying. I actually just finished watching CNBC and this question was raised. So I figured I'll look at the sentiment in these blogs. Philip, short ban has been lifted today. Also, it only affected the financials and couple of non-quite-financial stocks (like CVS, IBM, etc.) who somehow managed to be included.

BTW – IBM has just pre-reported excellent earning and good guidance, and it still went down… although not as much as others.

One problem that worries me is that many younger people will lose confidence in the market. So who will be buying when it’s all over? I am itching to buy – I was about 60% invested before it started, but failed to get out on time – but I really wonder who’ll be buying. I actually just finished watching CNBC and this question was raised. So I figured I’ll look at the sentiment in these blogs.

]]> By: Philip http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367979 Philip Fri, 10 Oct 2008 01:28:33 +0000 http://allfinancialmatters.com/?p=2862#comment-367979 Tim, haven't they suspended being able to short stocks right now, I just kind of remember hearing that in the news. Tim, haven’t they suspended being able to short stocks right now, I just kind of remember hearing that in the news.

]]> By: DBJ http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367974 DBJ Fri, 10 Oct 2008 00:29:16 +0000 http://allfinancialmatters.com/?p=2862#comment-367974 MO is down that much because it spun off Phillip Morris(PM). I suspect the real percentage is much less drastic. MO is down that much because it spun off Phillip Morris(PM). I suspect the real percentage is much less drastic.

]]> By: Jason http://allfinancialmatters.com/2008/10/09/only-one-dow-stock-is-up-this-year/comment-page-1/#comment-367935 Jason Thu, 09 Oct 2008 23:09:30 +0000 http://allfinancialmatters.com/?p=2862#comment-367935 Where do you find the ytd percentage change for the Dow? Can you also get percentage changes for any arbitrary time period and/or other indexes? Where do you find the ytd percentage change for the Dow? Can you also get percentage changes for any arbitrary time period and/or other indexes?

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