Discussion ***Official*** 2023 Stock Market Thread 💰

[FelixDeCat]

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Crazy end to 2023. The bubble of 21 came roaring back. 🤪

 

[Lost_in_the_HTTP]

What a goofy fricken day.

 

[Lost_in_the_HTTP]

No record for you!

 

[biostud]

So 17,39% up this year. Let's hope we can avoid the crash for 2024....

 

[PlanetJosh]

So 17,39% up this year. Let's hope we can avoid the crash for 2024....

So it's a cha-ching for next year?

 

[biostud]

So it's a cha-ching for next year?

I'm completely passive and it's a long-term investment, so it goes up and down, and I'm not going to do anything in either case.

 

[AdamK47]

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Ended the year at 34.90%. S&P 500 ended at 24.2% Not bad for mostly ETF and sporadic one offs.

 

[Lost_in_the_HTTP]

My TSP (Feds and former Feds will know what that is) shows a meager 15.46% rise for the year. Not great but not as terrible as some years.

 

[repoman0]

70-something percent here thanks to a 100.8% gain in RSUs. Ignore the fact that they started 2023 worth a third of the 2021 peak.

 

[turtile]

My TSP (Feds and former Feds will know what that is) shows a meager 15.46% rise for the year. Not great but not as terrible as some years.

I have almost all of my contributions in the C fund. The default L funds seem like a bad deal when you consider that part of the diversification is foreign stocks with little to no growth combined with bonds.

 

[Lost_in_the_HTTP]

C is too volatile for later on. Same with S and some of the others. Ls aren't intended for much growth. They're more for stability so you don't lose too much in the last few years before you start drawing. I should have been drawing for the last few years, but I haven't really needed it ... yet.

 

[turtile]

C is too volatile for later on. Same with S and some of the others. Ls aren't intended for much growth. They're more for stability so you don't lose too much in the last few years before you start drawing. I should have been drawing for the last few years, but I haven't really needed it ... yet.

It makes sense at that age but for me, it doesn't. I still have 30 years left to retire and the L fund for my age group already goes into less risky assets. I haven't been in the government for 10 years, but if I had left it in L, I would have doubled my returns, whereas C would have tripled my returns. Even if C dropped in half, I'd still be ahead.

 

[Lost_in_the_HTTP]

Thoughts/bets on a record S&P this week?

4,766 or so at this moment, 30 points off the record of Jan '22

Is it too late to predict January 19th?


Asking for a friend.



OK, I don't have any friends.