quote:

Originally posted by stkfox:

quote:

Originally posted by Bytes:
I've been all cash since June so mine is stable as hell. The funds I was in are down 15 - 30 percent.

That’s cool, but all cash since June?, whereas I just recently rec’d several thousand $$ in capital gains and dividends, reinvested as more than a few hundred shares at reduced price, which will multiply tremendously once a recovery gets under way. You got maybe 1.5 - 2% on cash with no real growth potential, which will get you no where unless you can time the market and pick the ultimate “bottom” for the ride back up.

You can’t.

But good luck!

I don't need luck. There will be some very good bargains in the next six to twelve months. I'm not too worried about small returns for a year or so. I also don't need to pick the ultimate bottom. All I need to see is market stability which should happen as soon as the emotional reaction to the Feds raising rates subsides. Small returns kick ass on big ass losses. That very same strategy worked out well for me in the 2008-2009 market crash. FYI, it's not my strategy, it comes from the financial advisers I golf with.

I'm down $10,200 since a high in mid-September. Bummer.

Annual Rate of return of +11% since November 30th, 2015. Everything is on sale right now. Hell...I'm still up 2.23% this year.

Trump gets elected the market soars. The Dems get elected to the House it's in the tank.

I wouldn't even say stocks are "on sale". The S&P 500 is basically where it was June 2, 2017. 1.5 years of gains lost? BFD.

I just bought more Ford @ $7.80. Time will tell.

getting hammered

Down about 220k. I won't sell and lock in the loss.

Down 1/5 overall.

Ouch.

I am just wishing I had more dry powder $$ to buy some high quality, and now, reasonably priced, companies.

"Be greedy when other are fearful, and fearful when others are greedy. "

quote:

Originally posted by Powers77:

quote:

Originally posted by DMF:
Are you running a marathon or a sprint?

Even if you're retiring next week, you shouldn't need to take out anything other than a small fraction of your funds, while you "ride out" the market downturn.

He'll even the recovery from low point of the stock market after the 'Crash of 1929" took less than 5 years. This is nothing remotely close to the plunge from 1929 to 1932.

https://www.nytimes.com/2009/0...nd-bonds/26stra.html

Those who "ride it out" will be fine. Those who panic will be hurt, and for some they will be hurt very badly.

This. I'm actually fairly close to pulling the trigger on retirement. But as I said earlier I'm looking to add to my stock position.
Should have enough in the secure portion of your portfolio to safely fund the next 10-15 years. Stuff with a longer time horizon needs to be in the market. You need it in there to maintain overall growth to keep up with inflation.
It's called a balanced portfolio.

Well, pulled the trigger on another 3% increase to stocks at today's close.

Bold move Cotton

After today, what 401K?

Down 11% for the year. Youch.

Killing me, down about 11% for the year too.
Retired Sept. 1st, so I'm doubly screwed.
Or at least the way I'm feeling lately.

quote:

Originally posted by stkfox:

quote:

Originally posted by Bytes:
I've been all cash since June so mine is stable as hell. The funds I was in are down 15 - 30 percent.

That’s cool, but all cash since June?, whereas I just recently rec’d several thousand $$ in capital gains and dividends, reinvested as more than a few hundred shares at reduced price, which will multiply tremendously once a recovery gets under way. You got maybe 1.5 - 2% on cash with no real growth potential, which will get you no where unless you can time the market and pick the ultimate “bottom” for the ride back up.

You can’t.

But good luck!

I don't advocate timing the market, but he did, successfully so far, and you're hating on him?

quote:

Originally posted by tatortodd:
I’m 10+ years from retirement but my 401k lost the equivalent of a Corvette Grand Sport convertible in ‘18.

Thanks to yesterday, we can update this to the equivalent of both a Corvette Grand Sport convertible and Mazda Miata in ‘18.

Oil & gas stocks got hammered (2.7 to 3.4 percent single day losses).

this week alone I have lost...… $5459.23

Dow took a further dive yesterday. I ain't even gonna look.

It's too late, now. I was Distracted By Other Things, ignored the little voice inside telling me maybe to talk to Our Guy and suggest moving stuff into more conservative territory earlier this year. Now we're paying the price. We'll just have to ride it out.

The government will un-shut-down. We'll eventually reach a deal with China. If this cools the economy like there's a good chance it will, the Fed will have to drop rates again. Then it should all come back.

Either way: I don't think there was any cause for the Fed to raise interest rates.



Source: United States Inflation Rate

Trump should show Fed Chairman Powell the door.