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Old 03-10-2013, 01:44 AM
 
15 posts, read 32,136 times
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As of today, the DOW Jones is @ 14,397points.


The dollar index has significantly decreased, yet the Dow Jones is reaching an all-time high in points. If you are an investor, would this be the right time to sell your stocks and lock up on your gains? Or would you wait a bit longer? Also if you are a new investor, would you wait until the market comes back down to earth? I have a feeling there will be a big correction this year.

What are your thoughts?


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Old 03-10-2013, 03:08 AM
 
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As long term investment, a good stock portfolio will always beat cash because of inflation even when the correction arrives. Cash depreciate much faster than equities.
Best examples of stocks that ride out corrections are probably WMT and MCD
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Old 03-10-2013, 03:52 AM
 
24,347 posts, read 26,771,586 times
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Quote:
Originally Posted by Y_RAZZ88 View Post
As of today, the DOW Jones is @ 14,397points.


The dollar index has significantly decreased, yet the Dow Jones is reaching an all-time high in points. If you are an investor, would this be the right time to sell your stocks and lock up on your gains? Or would you wait a bit longer? Also if you are a new investor, would you wait until the market comes back down to earth? I have a feeling there will be a big correction this year.

What are your thoughts?

There are multiple threads about this topic already. Don't try to time the market. If you want to invest, do it now.
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Old 03-10-2013, 04:25 AM
 
4,183 posts, read 6,507,109 times
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Funny how nobody ever asks "is the bond market due for a correction?". Bonds have been in bull market mode since 1982, with interest rates declining to historic lows. Maybe bonds need to have a correction.
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Old 03-10-2013, 04:40 AM
 
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they already have started. fidelity international bond is down almost 4% ytd including interest, fidelity corporate bond down almost 1% , fidelity global bond down almost 3%, even new market income is down almost 1.30%.

all in all bonds have stalled and dropped the last 3 months. only high yield is holding up but they act more like stocks than bonds anyway.
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Old 03-10-2013, 05:12 AM
 
4,183 posts, read 6,507,109 times
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Originally Posted by mathjak107 View Post
they already have started. fidelity international bond is down almost 4% ytd including interest, fidelity corporate bond down almost 1% , fidelity global bond down almost 3%, even new market income is down almost 1.30%.

all in all bonds have stalled and dropped the last 3 months. only high yield is holding up but they act more like stocks than bonds anyway.
Munis are still positive for the year.
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Old 03-10-2013, 05:35 AM
 
106,002 posts, read 107,976,655 times
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many are not ,these are the ones i follow .fidelity ny municipal bond is down .19 ytd , pa municipal bond is down .36 ytd

fidelity muni income is hanging by a thread up .01 ytd. fidelity california muni is about the best of the lot up .24 ytd.

overall they are down to stalled out as well.
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Old 03-11-2013, 03:54 AM
bUU
 
Location: Florida
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The market is always due for a correction.
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Old 03-11-2013, 06:42 AM
 
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Maybe the correction already happened in Feb.
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Old 03-17-2013, 10:35 AM
 
Location: Houston, TX
17,029 posts, read 30,816,963 times
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I thought it would 5 months ago so Ive been hoarding cash. Shows you what I know as the market is at a high.

You cant time the market.
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