I thought about selling off a lot prior to the election just in case Trump lost.
But did nothing.
Even now the possibility of Trump overcoming the mass conspiracy of the Media Cartel is up for grabs.
However, even with the Wu Flu, BLM Riots and the stealing of the election my portfolio has never been better!

You would think that if the election went as it really was cast with Trump winning handily we'd be
pushing 35 on the DOW very soon.

If Bite-Me prevails then that will NEVER happen but what has me perplexed is why haven't we dropped yet?
Certainly Biden isn't helping, I can't see Wall Street being happy with him and guess the news about the vaccine is propping everything up.

What kind of adjustments are you making, if any?

I am dumbfounded a bit ~ even my Uber buy when it went public (got it at $42) was down to $13 and now over $50 ?? with terrible earnings?? I seemed to luck out on that one.
Med stocks are doing well.
I am trying to wean off MF's with foreign stuff though.

I am skeptical about the good fortune lasting.

And you?

Dollar cost averaging in no load mutual funds such as Vanguard.

Dollar cost averaging in no load mutual funds such as Vanguard.

Thought I would just say that again.

when you pump trillions of fiat into the money supply with the stroke of a pen what do you think will happen? Inflation or currency collapse is the way I read the tea leaves.

If inflation you want to stay fully invested in things that will keep up. Blue chips are for me, especially dividend aristocrats. Dogs of the dow theory is a good place to start.

If currency collapses life as we've known it is over and it's every man for himself.

quote:

Originally posted by smschulz:
Even now the possibility of Trump overcoming the mass conspiracy of the Media Cartel is up for grabs.
However, even with the Wu Flu, BLM Riots and the stealing of the election my portfolio has never been better!

You would think that if the election went as it really was cast with Trump winning handily we'd be
pushing 35 on the DOW very soon.

If Bite-Me prevails then that will NEVER happen but what has me perplexed is why haven't we dropped yet?
Certainly Biden isn't helping, I can't see Wall Street being happy with him and guess the news about the vaccine is propping everything up.

Nothing is infallible, not even Wall Street, but they have a lot of smart folks trying to figure out what is going to happen and that is baked into prices. Who knows really, but I take the markets doing so well as a sign that they haven’t counted the election as done with a Biden win.

As far as what I am doing, just staying the course. Maintaining a diversified portfolio with slightly higher liquidity (to be better positioned for buying opportunities) and keeping on keeping on.

quote:

Dollar cost averaging in no load mutual funds such as Vanguard.

Started with them back in 1990. They are a great company.

Slight pullback into more fixed income and cash position with expectation of increased volatility in coming 2 months but with likely little net up or downside. Will be able to take advantage of any buy opportunities.

Move back to "normal" equities balance prior to mid-January. Expectation of whichever administration is in place some sort of additional stimulus or similar package will get passed. While that may have negative long term effects on inflation or national debt, it may likely help short term values.

"Don't fight the Fed" is a saying my personal advisor loves.

I know about Vanguard, my biggest long term money maker for me is the Vanguard Index Growth Fund (VIGAX).
I was just inquiring if anyone was making any strategy changes or just maintaining the course?
My concern is more short term safety at the moment.

quote:

Originally posted by smschulz:
I know about Vanguard, my biggest long term money maker for me is the Vanguard Index Growth Fund (VIGAX).
I was just inquiring if anyone was making any strategy changes or just maintaining the course?
My concern is more short term safety at the moment.

Bitcoin. A five-year hold. That’s the only “change” I’ve made. But not my egg; just trimmings so if it’s a bust, so be it.

quote:

Originally posted by smschulz:
If Bite-Me prevails then that will NEVER happen but what has me perplexed is why haven't we dropped yet?
Certainly Biden isn't helping, I can't see Wall Street being happy with him and guess the news about the vaccine is propping everything up.

I've heard the answer to you question is due to the apparent holding of the Senate by Republicans that would provide a check to the power of the Democrats in the House and executive branch. Since there are now two run-off elections in Georgia that could jeopardize this, it would seem prudent for the investor to pay close attention to these races.

Secondly, I think you're placing too much weight on the effect of the President on the stock market.

Stay the course. Our strategy has done us well for many years. We're in a position we never thought we'd be.

No, I have not changed course. I anticipated a pre-election drop in the market and took advantage of that, but now I'm back to my regular scheduled programming. My theory is that uncertainty hurts the market moreso that any particular candidate winning. As far as I can tell, based on how the market has responded after the election, that the market has priced in the likely presidential outcome and the outcome of the various congressional races.

I hear we picked up a couple seats in the House and if we can hold the Senate, we might just be ok.

If we can have President Trump back to lead us, we will be kicking ass.
USA # 1

Also, why hasn't it dropped yet--because we received cleverly timed announcements of Covid vaccines.

quote:

Originally posted by Aeteocles:
Dollar cost averaging in no load mutual funds such as Vanguard.

Thought I would just say that again.

And again.

Mostly in cash, but that is probably not a good strategy.

heavy metals.

I'm wondering about real estate. Not in a city or even suburb, but acreage outside of town a ways. 5 acres or so.

Bonds, long and short, silver and gold (hands on, not futures).

I'm expecting to see increased volatility in the next two months. Reduced some high flyers, added some VXX. We'll see.