I'm going to mostly cash in Long-Term portfolio

Discussion in 'Trading' started by qlai, Nov 19, 2021.

  1. qlai

    qlai

    Agreed. But I am fine with that. I want to stand aside and see what plays out next.
     
    #11     Nov 19, 2021
  2. tomkat22

    tomkat22

    I must admit it does look a bit toppy atm.
     
    #12     Nov 19, 2021
  3. ZBZB

    ZBZB

    US runs out of money again on Dec 3rd. Nothing in the narrative about this yet.
     
    #13     Nov 19, 2021
    qlai and nooby_mcnoob like this.
  4. "Runs out of money". They are going to replace Powell with someone who prints even more money. I don't even know why they pretend, everyone should just get a ATM card that prints out whatever you ask.
     
    #14     Nov 19, 2021
    Arnie likes this.
  5. hilmy83

    hilmy83

    why not put into collar option etf? limited downside. if it does crash, you would see at most 5-10% downside. Then flip to buy the index again after that
     
    #15     Nov 19, 2021
  6. You do you!

    I have a lot of mixed signals up here too. I was bullish up until a few days ago myself but I'm open to the possibility this may settle once again and then rip. The breadth is so bad right now that it's actually starting to look good -- meaning we're getting some pretty oversold readings there.

    If you have captured a lot of the recent gains, nothing wrong with being more cautious when you don't have an edge.


     
    #16     Nov 19, 2021
  7. That's a good question, I think the answer depends on does he stand to make 30% staying invested or is it more likely the market will go down 5-10% next.

    I think we all know the answer.
     
    #17     Nov 19, 2021
  8. qlai

    qlai

    I was not long index, but individual stocks. Indices are quite misleading, you can see index go down 5% but your stocks are down 30%.
     
    #18     Nov 19, 2021
  9. hilmy83

    hilmy83

    all i know is the purpose of 401k is to always dollar cost average. Plus you want to take advantage of your employer matching so you gotta stay invested.

    Timing the market you will miss out on 20-30% based on research i've seen online. So you rather not make 30% than lose 30%? That's like the classic behavioral finance experiment right?
     
    #19     Nov 19, 2021
  10. SteveM

    SteveM

    When we had free markets, treasury yields would fluctuate to reflect this inflation. But no more. Now we are all forced to act imbeciles at the casino thanks to Federal Reserve policy.
     
    #20     Nov 19, 2021
    NoahA likes this.