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Post by Foggy on Feb 5, 2018 16:50:50 GMT -6
Told 'ya. . FORE!
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Post by Bwoods11 on Feb 5, 2018 17:00:00 GMT -6
Concerns over interest rates, then you get some panics selling. I'd guess one more bad day, then buyers will come back in.
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Post by Freeborn on Feb 5, 2018 17:27:33 GMT -6
Concerns over interest rates, then you get some panics selling. I'd guess one more bad day, then buyers will come back in. Agree, long term fundamentals are good in the US and for foreign markets.
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Post by Reagan on Feb 5, 2018 17:32:11 GMT -6
Ok you smart guys on here, answer this with what you would do. My buddy's dad has left his wild daughter $100,000 that my buddy is instructed to put it in a fixed income account, she can get monthly checks sent to her for the rest of her life, she would blow any lump sum of that amount otherwise. What would you put it in. Insurance company annuity? What else? How wild and how hot is she? I could open an account and keep an eye on the cash and her.
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Post by MoBuckChaser on Feb 5, 2018 17:37:01 GMT -6
Ok you smart guys on here, answer this with what you would do. My buddy's dad has left his wild daughter $100,000 that my buddy is instructed to put it in a fixed income account, she can get monthly checks sent to her for the rest of her life, she would blow any lump sum of that amount otherwise. What would you put it in. Insurance company annuity? What else? How wild and how hot is she? I could open an account and keep an eye on the cash and her. She's 4' both ways and has two black kids from different baby daddy's........your call!
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Post by MoBuckChaser on Feb 5, 2018 17:39:28 GMT -6
Concerns over interest rates, then you get some panics selling. I'd guess one more bad day, then buyers will come back in. I would say it has nothing to do with any fears of anything. Just some good old fashion stop taker outers by the big boys. They waited until the exhaustion gap was filled 2 weeks ago and BAM! LOL! Gambling at its finest!
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Post by MoBuckChaser on Feb 5, 2018 17:45:43 GMT -6
Told 'ya. . FORE! Told who, what?...Carnac!
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Post by Reagan on Feb 5, 2018 18:08:16 GMT -6
I’ll pass.
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Post by Foggy on Feb 5, 2018 19:01:20 GMT -6
My investment guru's sold some of my Amazon today......and bought some Chevron. Reduced the beta here. Been doing a few of these sort of trades to take some "hot money" off the table. They think this market is quite overbought. OTOH....they been looking for a correction for some time......thus I have missed some opportunity with cash. They best be right. . I've posted a few things like this MO. We took quite a bit of risk off the table in the past year.....and my portfolio likely goes down at about 40% of the "market" (S&P). However I gain about 65% on the up days. It's a good trade-off for risk vs reward. How? you may ask: "alternative investments" is the answer. (my alternatives are MLP funds - we own oil in the pipelines and such.....and floating rate funds.....and a few other things that dont correlate to the general stock market.). .
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Post by Foggy on Feb 5, 2018 19:08:02 GMT -6
Statistically speaking........we have NEVER had a bull market run this long without a correction. EVER. (once more: THIS is the longest bull market run. without a correction - ever). Do think. you want to beat those odds of a correction happening any time soon? Corrections occur when folks think there is little to worry about and you least expect it. Just saying. Dollar cost averaging works so-so over the long haul.....but studies have shown that most are better off just putting it into the market at one GOOD time and letting it ride. Index funds are likely not a good bet right now. Why? THE INDEXES ARE HIGH! Better to pick four or five good stocks that are resistant to a down turn.....IMO. Short term results are not guaranteed.......but long-term results are assured. . Good luck! And this? .
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Post by MoBuckChaser on Feb 5, 2018 19:13:32 GMT -6
Statistically speaking........we have NEVER had a bull market run this long without a correction. EVER. (once more: THIS is the longest bull market run. without a correction - ever). Do think. you want to beat those odds of a correction happening any time soon? Corrections occur when folks think there is little to worry about and you least expect it. Just saying. Dollar cost averaging works so-so over the long haul.....but studies have shown that most are better off just putting it into the market at one GOOD time and letting it ride. Index funds are likely not a good bet right now. Why? THE INDEXES ARE HIGH! Better to pick four or five good stocks that are resistant to a down turn.....IMO. Short term results are not guaranteed.......but long-term results are assured. . Good luck! And this? . So you told us everything we already knew......ok
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Post by MoBuckChaser on Feb 5, 2018 19:31:48 GMT -6
My investment guru's sold some of my Amazon today......and bought some Chevron. Reduced the beta here. Been doing a few of these sort of trades to take some "hot money" off the table. They think this market is quite overbought. OTOH....they been looking for a correction for some time......thus I have missed some opportunity with cash. They best be right. . I've posted a few things like this MO. We took quite a bit of risk off the table in the past year.....and my portfolio likely goes down at about 40% of the "market" (S&P). However I gain about 65% on the up days. It's a good trade-off for risk vs reward. How? you may ask: "alternative investments" is the answer. (my alternatives are MLP funds - we own oil in the pipelines and such.....and floating rate funds.....and a few other things that dont correlate to the general stock market.). . The past 5 days Amazon only lost $10/share. Chevron $15/share......should have kept the Amazon Carnac.
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Post by Foggy on Feb 5, 2018 20:07:17 GMT -6
I've posted a few things like this MO. We took quite a bit of risk off the table in the past year.....and my portfolio likely goes down at about 40% of the "market" (S&P). However I gain about 65% on the up days. It's a good trade-off for risk vs reward. How? you may ask: "alternative investments" is the answer. (my alternatives are MLP funds - we own oil in the pipelines and such.....and floating rate funds.....and a few other things that dont correlate to the general stock market.). . The past 5 days Amazon only lost $10/share. Chevron $15/share......should have kept the Amazon Carnac. Yep....that is a bit surprising to me also. Maybe time will tell....lets check back in a month or so??
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Post by MoBuckChaser on Feb 5, 2018 20:10:43 GMT -6
The past 5 days Amazon only lost $10/share. Chevron $15/share......should have kept the Amazon Carnac. Yep....that is a bit surprising to me also. Maybe time will tell....lets check back in a month or so?? 5 months ago your Financial Guru got 1/3 of your positions out of the markets, now he's flip flopping you from good to bad. Hope he doesn't tell you Enron is making a comeback!
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Post by Foggy on Feb 5, 2018 20:16:55 GMT -6
Yep....that is a bit surprising to me also. Maybe time will tell....lets check back in a month or so?? 5 months ago your Financial Guru got 1/3 of your positions out of the markets, now he's flip flopping you from good to bad. Hope he doesn't tell you Enron is making a comeback! Actually, he's got me in a pile of cash.....waiting for "some" opportunity to present itself. Not sure if that will be stocks or bonds. If the Muni bond rates go high enough....that could be a good thing for me (I like s sure thing)......but I think we are awaiting a big downturn in the overall market for some entry point in stocks. I do have a "bond ladder" with some bonds maturing at different times over various points in time to take advantage of the rates in effect at those new points in time. This avoids the "all or nothing" approach and is a better way of achieving a sort of "dollar cost averaging" in the bond market. IF rates become high enough one day....I would commit HUGE amounts to bonds (at my age) in order to assure a good rate of return. (I can remember selling muni bonds (risk free) when rates of return were 14% annually.....and folks were worried about still higher rates (duh??). I wish I could see those times again.....allthough inflation was like 15% back then. Recent times it seems were just a bit dicey and little reason to put all your money at risk.....therefore at times you gotta wait it out......and better (?) opportunity presents itself. At least that is the premise on which we took some money out of the stock market....and parked it on the sidelines. That is kinda like saying that there is no good deals on land right at the moment....but if we wait a bit....a good deal will come along. .....and "poof" it will. .
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