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All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.
Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.
All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.
Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.
When will you get back in? What if the market increases 25% over the next two years and then drops 20%? Will you buy back in then? You'd still be behind.
All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.
Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.
I think you did the smart thing. Upside before the election (well before) is probably in the 28-29K range. I think once it hits that range there will be a substantial downturn before the election. As Selden would say "THEY" want a reset sooner than later. Lots of bad debt and malinvestments out there. Trump is the easiest person in the world to blame it all on. He bragged it was all him on the way up, so on the way down......
This reset has been in the making for multiple administrations now, but "THEY" know that Trump will be the easiest candidate to blame it all on and have the average mouth breather in the public go along with the narrative. I think the only question before the election is does it get bad or REALLY bad. Much better buying opportunities ahead. Aside from a few beaten down individual stocks I am long the dollar and UUP right now.
......This is the longest bull market we've ever seen, and I don't see any justification for it..
There seem to be quite a few people who talk about the "longest" bull market. A bull market means rising prices. We have had at least a couple of major setbacks.
The DJIA hit a peak in Nov 2014 and took almost 2 years to return to that level.
The DJIA hit a peak in early Jan 2018 and has yet to hit a new peak.
Neither of those events was consistent with a bull market. I don't see ,aside from guessing and pessimism, any reason to expect some sort of recession or significant bear market.
When will you get back in? What if the market increases 25% over the next two years and then drops 20%? Will you buy back in then? You'd still be behind.
Actually if you were up 25% and then dropped 20% you’d be even
All the previous market downturns, I was too lazy and neglectful to pull my retirement out of stocks, and then I kicked myself afterwards. But we did it today. Moved everything (which had all been in a very broad stock index fund) into money market. This is the longest bull market we've ever seen, and I don't see any justification for it.
Now I have to figure out where to invest the money in anticipation of a downturn, that will allow me to jump back into stocks 'when there's blood in the streets'. Yes, I'm trying to time the market.
This reset has been in the making for multiple administrations now, but "THEY" know that Trump will be the easiest candidate to blame it all on and have the average mouth breather in the public go along with the narrative. I think the only question before the election is does it get bad or REALLY bad. Much better buying opportunities ahead. Aside from a few beaten down individual stocks I am long the dollar and UUP right now.
Who are these nefarious "THEY"?
If your narrative encompasses "multiple administrations", then by what reasoning do we disqualify 2000-2003 and 2007-2009 from being adequate "resets"?
And if things "get REALLY bad", by what reasoning ought we to be "long the dollar"?
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