Anyone making 'sell everything' market moves?

[geekette]

What pigs dad said. We had a long debate about this on tug a while back.

Most seem to obfuscate the current tax on a Roth and only focus on the future tax on a traditional 401k. Personally I feel the dollar saved now and allowed to compound for the future is better than the free dollar in the future.

If memory serves, someone did the math and it comes out pretty much the same, just depends on whether you prefer early tax or late tax. I'm of the "not until I have to" camp but of course contribute to a Roth, and will so long as I'm eligible.

 

[geekette]

No panic here but when these big events come around, I look to add to the stuff I'm already into.

...Mark

Yes, I like the opportunity to average down while getting better yield.

 

[geekette]

RMD simulation

http://seekingalpha.com/article/346...ng-required-minimum-distributions-from-an-ira

This article shows a comparison of fixed income vs equity ETFS. Hopefully can help a few people noodle out a plan for themselves.

 

[Mister Sir]

As a recovering amateur wanna-be day trader, I try to avoid market news. I'll check my quarterly reports when they come in and remember that I'm in it for the long haul.

 

[Ironwood]

As a recovering amateur wanna-be day trader, I try to avoid market news. I'll check my quarterly reports when they come in and remember that I'm in it for the long haul.

Unless your portfolio is just mad money, you really need to review it more often than quarterly or you'll be in for a rude awakening one day!

http://www.google.ca/url?sa=t&rct=j...vKOIBw&usg=AFQjCNHskxtFp_UEoABeQ4j9FQ324jrCrg

 

[Beaglemom3]

We're not in a safe place yet, but I was able to peek at my accounts today.

Lost 3.4% since last Friday , although the mutual funds won't settle until tomorrow. Had been down about 18.5 % before the "rally", but I know a rally isn't a rebound or recovery. Choppy, unchartered waters ahead.

I am going to move about a 1/3 of it into cash for a while. May let it ride or reinvest on another drop. Not sure.

I've held AAPL, NFLIX and GOOG for several years and FB for a few. I will hold those and the health/pharma mutual funds and let them ride.

These are interesting times and this is my plan. I've been in the market since 1983 and have always ridden things out.

-

 

[Talent312]

Being 55% in fixed income has been a nice cushion.
... which is appropriate, given our ages + time horizon.

As of now, I'm off a net (less additions) of .6% YTD (1% annualized).
It seems that my picks held up well against like-kind in my watchlists.
So, I'm not crying in my beer.
.

 

[am1]

Being 55% in fixed income has been a nice cushion.
... which is appropriate, given our ages + time horizon.

As of now, I'm off a net (less additions) of .6% YTD (1% annualized).
It seems that my picks held up well against like-kind in my watchlists.
So, I'm not crying in my beer.
.

Could be a good time to reorganize your portfolio.

 

[Talent312]

Could be a good time to reorganize your portfolio.

BT, DT... Happy with what I got.
"It seems that my picks held up well against like-kind in my watchlists."
.

 

[am1]

BT, DT... Happy with what I got.
"It seems that my picks held up well against like-kind in my watchlists."
.

Yes that is great. I wish I was in your situation (investment wise) but I would adjust my holdings my hopefully to hopefully catch the upswing.

 

[Elan]

My 401k dropped about 10% from where it was prior to the free fall. With the last two days trading, I'm now off about 5% from prior level. I have been thinking about going a bit more conservative for some time now. Will evaluate with some overlay charts when things settle.

Sent from my Nexus 5 using Tapatalk

 

[Passepartout]

I'm still In positive territory for the year, and made almost $4,000 today. Worry? Not me. I SAID I was defensively positioned.

Jim

 

[Beaglemom3]

I made up a goodly amount of "losses" yesterday and today, but did not make money. Still, am relieved to have come back up some.

At 63, I am being a lot more cautious than in the past.

"Retreating" to more of a cash position than before and the rest in long held & good performing stocks and healthcare/pharma mutual funds (spread the risk) during this time of volatility. I have no oil stocks, but am holding Cheniere and OGS/One Gas for a while longer. Bought them a few years ago, don't have a lot of shares in them, though.

I liken the recent and current volatility to living in an active earthquake zone.
You get the warning tremblers, then the "big one" (or two) and then the aftershocks for a while. I'm going to a "safe place" for a long while.

The swings are troubling


0

 

[am1]

I will keep buying in to the market with whatever money I have. Probably convert some to CDN stocks as the dollar is low.

A short term play until I can purchase something that offers higher returns then the stock market with less ups and downs.

 

[easyrider]

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill

 

[geekette]

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill

Or get ready to buy more on new panic downturn. Higher interest rate is highly unlikely to push any of my companies into bankruptcy.

Regardless, I'll believe the higher rates are happening when they finally show up!

 

[lizap]

The market is expecting higher rates, so I see little to no effect on a .25% hike..

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill

 

[Ironwood]

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill[/QUOTE

Stop loss orders are a useful tool for all investors...but be careful! I use them, but only very tightly to the current price. If I get stopped out, I'll just buy back in again. But if you put your stops in 10-20% below current prices, you could well find yourself whipsawed out one day. It's happened to me and once or twice burnt, I now do it differently. Have a look at the P & G chart in this article to see what can happen. The 1000 point drop at the beginning of the week, while not a flash crash, would have whip sawed out a lot of stops.

http://www.google.ca/url?sa=t&rct=j...2paYAw&usg=AFQjCNHKvkSFeF9KYgo1OVc3_UoVgKSaBw

 

[geekette]

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill[/QUOTE

Stop loss orders are a useful tool for all investors...but be careful! I use them, but only very tightly to the current price. If I get stopped out, I'll just buy back in again. But if you put your stops in 10-20% below current prices, you could well find yourself whipsawed out one day. It's happened to me and once or twice burnt, I now do it differently. Have a look at the P & G chart in this article to see what can happen. The 1000 point drop at the beginning of the week, while not a flash crash, would have whip sawed out a lot of stops.

http://www.google.ca/url?sa=t&rct=j...2paYAw&usg=AFQjCNHKvkSFeF9KYgo1OVc3_UoVgKSaBw

Yeah, I don't do stop loss. It doesn't fit my plan to sell low and buy in again later. The market moves around and I plan to keep my positions vs crazy crap departing me from them. I would be annoyed if my Sept payers were taken from me in stop loss as Sept is a large paycheck for me.

 

[WinniWoman]

The fed said they are considering raising interest rates. It might be time to set the stop loss.

Bill[/QUOTE

Stop loss orders are a useful tool for all investors...but be careful! I use them, but only very tightly to the current price. If I get stopped out, I'll just buy back in again. But if you put your stops in 10-20% below current prices, you could well find yourself whipsawed out one day. It's happened to me and once or twice burnt, I now do it differently. Have a look at the P & G chart in this article to see what can happen. The 1000 point drop at the beginning of the week, while not a flash crash, would have whip sawed out a lot of stops.

http://www.google.ca/url?sa=t&rct=j...2paYAw&usg=AFQjCNHKvkSFeF9KYgo1OVc3_UoVgKSaBw

I have no idea what any of this means! LOL!

 

[traveldaddy]

I would never want to encourage someone to deviate from executing on a well thought out plan.

This is an interesting weekly commentary that some might find valuable:

http://www.hussmanfunds.com/wmc/wmc150831.htm

May everyone's returns meet their NEEDS (as opposed to wants) going forward.

Regards.

Craig

 

[bogey21]

If anyone cares, note that Silver is on sale. I just bought a bunch of 2015 1 oz .9999 silver Mexican Libertads for a little over $19 each.

George

 

[tompalm]

This is a trader's market for day or swing trading (3-8 days). Either go long and forget about it, or trade using technical analysis. A stop loss should be set right below the 200 day line. I got worried in May and thought a sell off was coming. We sold out and went to cash and have been on the sidelines. I did buy SH or short the index a week ago only to hold it for one day and got out because I didn't expect this sell off to be so strong. I just bought SH again on Friday at 3:45 p.m. EST, but not very much. If the market is down at 9 a.m. tomorrow, I will be buying more. It might only be a 1-5 day trade, depending on technical analysis and watching for a reversal candle. Friday was a doji candle, showing the market should reverse. But no guarantee on that.

Most newsletters I follow suggest the market will be higher at the end of the year. The consensus is the Fed, the Chinese government and ECB will step in to support the market. But they will not be able to keep doing that much longer.

Right now, it looks like the market might go down and test the low we just put in last week and consolidate before going lower or higher. The futures are down 164 points for tomorrow. I hope we just put in a higher low and not sell off like last week. Standby for another volatile week. It is not looking good right now.

 

[tompalm]

If anyone cares, note that Silver is on sale. I just bought a bunch of 2015 1 oz .9999 silver Mexican Libertads for a little over $19 each.

George

I have been thinking that for over a year and have been in SLV, SLW,GDX and others just to stop out and take a small loss. But, Gold, oil and other commodities are making their way higher. I started buying gold miners recently and also hold SA and NG. Silver is looking really good too. Thanks for the post. Lots of newsletters are recommending gold right now and silver should follow. West Texas Intermediate oil should hold in the $40s or higher, but that is a crap shoot. The refiners are doing well, but the fraking companies like EOG have taken a lot of damage. If you like to gamble, that is a good area, but otherwise avoid energy for now. If the Fed raises rates, the dollar should go higher and commodities should go lower. So anything mentioned above might be on sale at better prices later.

 

[tompalm]

I will keep buying in to the market with whatever money I have. Probably convert some to CDN stocks as the dollar is low.

A short term play until I can purchase something that offers higher returns then the stock market with less ups and downs.

If you have 20 years left to work, dollar cost average works great. When you get close to retirement, the priority should be on safe investments and not take another loss like the market did in 2008. A good timing tool or program is Sector Surfer. It will send an email to you when to go to cash. But the market might already be down 20 percent when you get that. The advantage is you avoid going down 50 percent and it will tell you when it is time to buy back in. This worked great in 2008. It also sent a signal in 2011 that didn't help anyone because the market only went down 20 percent and a couple months later started back up. At that time, another email was sent telling everyone to buy. Here is a video and link to the home page if interested. Cost about $10 per month.

http://youtu.be/8Q9fspvOhSc

http://www.sumgrowth.com/default.aspx