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Old 03-17-2020, 02:42 AM
 
106,671 posts, read 108,833,673 times
Reputation: 80164

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Quote:
Originally Posted by ohio_peasant View Post
"When the market recovers"...

Presently I'm so shell-shocked at these ghastly events, that I indulge in pornographic fascination of a Hieronymus Bosch painting of tormented souls dragging each other into hell... a world bleeding, burning, wretched in ineffable misery. I've not slept properly for a month, and dread to get a blood-pressure reading. Our local gym, which I've taken to frequenting with religious fervor, has as of today closed down... so there goes the relief of weights and treadmills.

Each day summons dread and misery anew, another leg down, another increment in free-fall, a ceaseless cavalcade of loss, of loss and loss and further erasing of what's so dear and precious and gingerly accumulated.

"When the market recovers", a different and more vigorous quiver of emotions will present itself, and what's to be decided then, can not be reckoned in the present shock. I close my eyes, and wish for the world, as Bishop Berkeley taught us, to cease and vanish. But it won't. It perseveres, wounded, fetid, gangrenous, staggering, but going nonetheless. I would that it would stumble and collapse! But no such luck.
well i see your taking it well ....
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Old 03-17-2020, 07:47 AM
 
Location: Western PA
3,733 posts, read 5,966,065 times
Reputation: 3189
I'm three years from retirement and while this is bloody, I'm not making any changes. The money I need for the first few years of retirement is safe, the money I need 10 or 20 years down the road will eventually recover. I panicked in 1987 (I was young), but I learned in the dot-com crash and the Great Recession to relax and go out to dinner and a movie. Well, can't do those two things right now, but eventually.
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Old 03-17-2020, 10:47 AM
 
1,803 posts, read 1,240,727 times
Reputation: 3626
Quote:
Originally Posted by ohio_peasant View Post
"When the market recovers"...

Presently I'm so shell-shocked at these ghastly events, that I indulge in pornographic fascination of a Hieronymus Bosch painting of tormented souls dragging each other into hell... a world bleeding, burning, wretched in ineffable misery. I've not slept properly for a month, and dread to get a blood-pressure reading. Our local gym, which I've taken to frequenting with religious fervor, has as of today closed down... so there goes the relief of weights and treadmills.

Each day summons dread and misery anew, another leg down, another increment in free-fall, a ceaseless cavalcade of loss, of loss and loss and further erasing of what's so dear and precious and gingerly accumulated.

"When the market recovers", a different and more vigorous quiver of emotions will present itself, and what's to be decided then, can not be reckoned in the present shock. I close my eyes, and wish for the world, as Bishop Berkeley taught us, to cease and vanish. But it won't. It perseveres, wounded, fetid, gangrenous, staggering, but going nonetheless. I would that it would stumble and collapse! But no such luck.
Wow. I hope this is just an example of your writing skills and not an accurate depiction of your life.
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Old 03-17-2020, 11:14 AM
 
492 posts, read 406,159 times
Reputation: 1199
Default Dividend paying stock funds

Quote:
Originally Posted by mathjak107 View Post
Stocks are stocks dividends or not ...they are NEVER A REPLACEMENT FOR THE FIXED INCOME SIDE OF A PORTFOLIO...

Dividend stocks have been pounded just as bad ....100% of the Dow stocks and 80% of the s&p 500 pay dividends and are down just as badly.

Just look at utility darling Ppl ...it got smashed

Hi Mathjak107,
I've followed your posts for a long time and deeply respect your market knowledge. In a normal scenario, I understand the roll of bonds as a portfolio cushion. I have bond funds in my portfolio. My post concerns what to buy now to balance equities I am currently buying. It seems to me that bonds will drop horribly from here on, until the market stabilizes. As interest rates begin to rise, as they must at some point in the eventual recovery, bond prices will drop, yet the newly-purchased bond coupon will be fixed at current low levels.
I understand that dividend paying stocks have been hit as hard as other stocks. I would stay away from energy stocks. I don't have experience with gold and other commodities.
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Old 03-17-2020, 12:44 PM
 
106,671 posts, read 108,833,673 times
Reputation: 80164
Quote:
Originally Posted by Xenah View Post
Hi Mathjak107,
I've followed your posts for a long time and deeply respect your market knowledge. In a normal scenario, I understand the roll of bonds as a portfolio cushion. I have bond funds in my portfolio. My post concerns what to buy now to balance equities I am currently buying. It seems to me that bonds will drop horribly from here on, until the market stabilizes. As interest rates begin to rise, as they must at some point in the eventual recovery, bond prices will drop, yet the newly-purchased bond coupon will be fixed at current low levels.
I understand that dividend paying stocks have been hit as hard as other stocks. I would stay away from energy stocks. I don't have experience with gold and other commodities.
We all are wondering the same things ...if anything I would stay away from corporate bond funds , total bond funds and high yield ....if I did want bonds in case rates go negative it would only be treasuries
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Old 03-17-2020, 01:30 PM
 
Location: Central NY
5,947 posts, read 5,113,548 times
Reputation: 16882
Quote:
Originally Posted by mathjak107 View Post
well i see your taking it well ....



Now this is funny!!! Thanks for the humor, we need it.
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Old 03-17-2020, 01:41 PM
 
31,683 posts, read 41,040,852 times
Reputation: 14434
Age 72 with a allocations of 60-65% equity allocation depending on portfolio. Will stay that way.
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Old 03-17-2020, 04:34 PM
 
6,503 posts, read 3,435,815 times
Reputation: 7903
Quote:
Originally Posted by jasperhobbs View Post
I am 6-8 years out from retirement and when the market does recover, I am going way more conservative with allocations.
Remember what Walmart stock did in 2009?
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Old 03-17-2020, 05:11 PM
 
Location: Myrtle Creek, Oregon
15,293 posts, read 17,684,015 times
Reputation: 25236
Quote:
Originally Posted by ohio_peasant View Post
"When the market recovers"...

Presently I'm so shell-shocked at these ghastly events, that I indulge in pornographic fascination of a Hieronymus Bosch painting of tormented souls dragging each other into hell... a world bleeding, burning, wretched in ineffable misery. I've not slept properly for a month, and dread to get a blood-pressure reading. Our local gym, which I've taken to frequenting with religious fervor, has as of today closed down... so there goes the relief of weights and treadmills.

Each day summons dread and misery anew, another leg down, another increment in free-fall, a ceaseless cavalcade of loss, of loss and loss and further erasing of what's so dear and precious and gingerly accumulated.

"When the market recovers", a different and more vigorous quiver of emotions will present itself, and what's to be decided then, can not be reckoned in the present shock. I close my eyes, and wish for the world, as Bishop Berkeley taught us, to cease and vanish. But it won't. It perseveres, wounded, fetid, gangrenous, staggering, but going nonetheless. I would that it would stumble and collapse! But no such luck.
If you can't throw your money on the ground and walk away, don't gamble.
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Old 03-17-2020, 06:47 PM
 
Location: NMB, SC
43,097 posts, read 18,269,535 times
Reputation: 34973
Quote:
Originally Posted by ohio_peasant View Post
"When the market recovers"...

Presently I'm so shell-shocked at these ghastly events, that I indulge in pornographic fascination of a Hieronymus Bosch painting of tormented souls dragging each other into hell... a world bleeding, burning, wretched in ineffable misery. I've not slept properly for a month, and dread to get a blood-pressure reading. Our local gym, which I've taken to frequenting with religious fervor, has as of today closed down... so there goes the relief of weights and treadmills.

Each day summons dread and misery anew, another leg down, another increment in free-fall, a ceaseless cavalcade of loss, of loss and loss and further erasing of what's so dear and precious and gingerly accumulated.

"When the market recovers", a different and more vigorous quiver of emotions will present itself, and what's to be decided then, can not be reckoned in the present shock. I close my eyes, and wish for the world, as Bishop Berkeley taught us, to cease and vanish. But it won't. It perseveres, wounded, fetid, gangrenous, staggering, but going nonetheless. I would that it would stumble and collapse! But no such luck.
So apt. I nominate you for a pulitzer price just for this post alone.
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