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Anybody doing anything with their portfolios in light of Gov. S/D ?
Old 10-03-2013, 11:38 AM   #1
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Anybody doing anything with their portfolios in light of Gov. S/D ?

Nothing political to discuss, just wondering if anyone is doing anything with their respective portfolios in light of the government S/D and upcoming debt ceiling issues ?
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Old 10-03-2013, 11:39 AM   #2
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Same thing I do with my portfolio whenever the latest crisis hits - nothing. If I decided to zig odds are I'll discover I should have zagged.
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Old 10-03-2013, 11:44 AM   #3
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Old 10-03-2013, 11:46 AM   #4
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I'm putting some cash to work.
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Old 10-03-2013, 11:51 AM   #5
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I am in the process of putting back in some cash I had sitting on the sidelines...but nothing major. I have been 60% stocks 20% bonds 20% cash for quite awhile...just putting that cash into stocks during this *crisis* and will be 80 stocks 20 bonds soon. I plan to DCA until the debt ceiling is raised.

Today was a nice purchase of 100 shares of SPY at 166.90 limit order.
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Anybody doing anything with their portfolios in light of Gov. S/D ?
Old 10-03-2013, 11:58 AM   #6
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Anybody doing anything with their portfolios in light of Gov. S/D ?

Not me.

Personally, I don't believe that the "reasons" given in financial columns to explain market ups and downs make any sense. I can't imagine that people in general would sell or buy because of these reasons (although financial journalists do make a living by writing columns that say this is the case). I tend to think that people sell and buy for more personal reasons such as adjusting allocation for an upcoming retirement, or paying for their kids' college tuition, or whatever.
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Old 10-03-2013, 12:12 PM   #7
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The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
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Old 10-03-2013, 12:16 PM   #8
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The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
I now am trying to visualize how you milk beavers...
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Old 10-03-2013, 12:19 PM   #9
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Originally Posted by braumeister View Post
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
Sounds like a sure thing !
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Old 10-03-2013, 12:21 PM   #10
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I took a lump sum for my pension around the end of August.
I headed to a 60/40 split but only invested 1/3 initially.
I had always been intending to DCA cause this is a large sum and volutility exists.

Without any consideration of the Govt chaos I had originally assumed mid-late October might be good for another move. I expect there is much more market downside risk in case of a debit limit issue than there is upside if/when it gets resolved. I think 4-5% down from here would make me move another 1/3. This will almost certainly be a very temporary blip.

FWIW- If I were already invested Id hang tight.
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Old 10-03-2013, 12:22 PM   #11
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Haven't bought yet, but am making plans. I like Housel's strategy for deploying cash during dips, provided the dip is significant enough per
http://www.fool.com/investing/genera...t-crashes.aspx
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Old 10-03-2013, 12:23 PM   #12
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Originally Posted by braumeister View Post
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
Wow, I did just that earlier this morning. This is going to make up for my over-paying on my HVAC system.
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Old 10-03-2013, 12:25 PM   #13
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I took a lump sum for my pension around the end of August.
I headed to a 60/40 split but only invested 1/3 initially.
I had always been intending to DCA cause this is a large sum and volutility exists.

Without any consideration of the Govt chaos I had originally assumed mid-late October might be good for another move. I expect there is much more market downside risk in case of a debit limit issue than there is upside if/when it gets resolved. I think 4-5% down from here would make me move another 1/3. This will almost certainly be a very temporary blip.

FWIW- If I were already invested Id hang tight.
So, my 401K has zero fees for moving investments to and from cash, as long as you don't do it too often. You are saying that you would not buy until the market drops 4 or 5%, but if you had already bought you would not sell here?



If it is not worth buying until it drops 5%, then why would you not sell and wait for it to drop 5%?
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Old 10-03-2013, 12:29 PM   #14
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I now am trying to visualize how you milk beavers...
One of two ways:

1. Very carefully (have you seen the teeth on those things?)

2. Get someone else to do it (generally the best solution to any problem, and much favored by gubmint)
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Old 10-03-2013, 12:30 PM   #15
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I have a modest chunk of cash awaiting opportunities. If things get cheap enough to get me interested I will start buying. Otherwise I will be enthusiastically ignoring all of this nonsense.
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Old 10-03-2013, 12:35 PM   #16
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I'm waiting to hit a few more target (low) prices to Roth convert a few fund/ETF shares. Hopefully the shutdown or debt ceiling fights will provide an opportunity. Roth conversions are one of the times when the end of day price of an ETF matters and you can't take advantage of mid-day trading when a price target is hit, which has been annoying at times.
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Old 10-03-2013, 12:36 PM   #17
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I may do some bond market reallocation if the opportunity presents itself to do this with minimal realized capital gains. Last time I did this was late November 2008 when the bond market was a touch stupid.
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Old 10-03-2013, 12:52 PM   #18
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Put some very small amounts of free cash to work, bought some VTI, plan to hold a long time.
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Old 10-03-2013, 12:55 PM   #19
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If Mr Market decides to have a sale, I might do some shopping.
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Old 10-03-2013, 01:27 PM   #20
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I'm glance at my market ticker on task bar of my computer more often.

Other than that, not anything different.
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