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napping is the best way to guarantee market returns over time ..trying to react and time will likely underperform doing nothing for your efforts and actually hurting them as that full amount pulled out never gets back in , in time and one falls behind.
simply set a date , rebalance on that date and go back to sleep.
it will likely force you to buy the next hot asset class in that rebalance
Agree, sleeping through bears is the easiest way.
In 2008 I did not look at my portfolio and didn't even open my statements until starting again sometime in 2009 when it was recovering. Looking in the rear view mirror it's easy to tell when to buy and when to sell. In real time? -- not so easy.
Being retired I'm only about 30% in stocks, so it's even less important to me now. Bonds are way down, but so what? Their monthly payouts have gone up.
IMO, accumulating and keeping assets is more important than obsessing over their price.
You see optimism in these numbers. I see a bubble that is about to pop. Stocks have been given a steroid shot from hastily created government stimulus (i.e. debt). Nothing will preserve these high prices when the government gravy train is halted by a responsible Republican run House (we hope).
Again, we'll see in 6 months if my 'rebalancing' was a good move, or not.
Wait, I thought you said to the end of the year? Now you're saying to judge you based on 6 months?
The fact that you're asking people to judge these crazy predictions of yours in a few months speaks volumes. I'll leave it at that before you report another one of my posts.
Wait, I thought you said to the end of the year? Now you're saying to judge you based on 6 months?
The fact that you're asking people to judge these crazy predictions of yours in a few months speaks volumes. I'll leave it at that before you report another one of my posts.
OK.... to clarify
The specific call to short the market was a three month call to January 1 and I'm not saying otherwise.
In 6 months we will also know if going ultra conservative in my 401k was a good move or not. If I'm still rebalanced at 50% bonds/40% govt bonds and 10% stocks at that time, that's a lot different than if I have had to rebalance again to 60% stocks, etc.
The specific call to short the market was a three month call to January 1 and I'm not saying otherwise.
In 6 months we will also know if going ultra conservative in my 401k was a good move or not. If I'm still rebalanced at 50% bonds/40% govt bonds and 10% stocks at that time, that's a lot different than if I have had to rebalance again to 60% stocks, etc.
I'm curious when you went to this ultra conservative portfolio? What metrics do you use to go to and from ultra conservative?
That's about what I do. I focus on my spreadsheet of stocks and buy what's either on sale cheap or at least well off it's highs - just keep adding. I've been known to up my 401K contribution percentage when markets hit the skids too, but other than that I ignore the balances and just keep accumulating.
Focusing on the ups and downs of the market and all the bad macro news would make me nuts. Better to just ignore it and accumulate.
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