|
|
Anybody doing anything with their portfolios in light of Gov. S/D ?
10-03-2013, 10:38 AM
|
#1
|
Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,871
|
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 ?
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
|
|
|
|
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!
Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!
You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!
|
10-03-2013, 10:39 AM
|
#2
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,000
|
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.
__________________
Numbers is hard
|
|
|
10-03-2013, 10:44 AM
|
#3
|
Thinks s/he gets paid by the post
Join Date: Apr 2011
Location: Madison
Posts: 1,337
|
Nothing. This to shall pass.
__________________
Wild Bill shoulda taken more out of his IRA when he could have. . . .
|
|
|
10-03-2013, 10:46 AM
|
#4
|
Moderator Emeritus
Join Date: May 2007
Posts: 12,890
|
I'm putting some cash to work.
|
|
|
10-03-2013, 10:51 AM
|
#5
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
|
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.
|
|
|
Anybody doing anything with their portfolios in light of Gov. S/D ?
10-03-2013, 10:58 AM
|
#6
|
Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 47,468
|
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.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
Happily retired since 2009, at age 61. Best years of my life by far!
|
|
|
10-03-2013, 11:12 AM
|
#7
|
Moderator
Join Date: Feb 2010
Location: Flyover country
Posts: 25,155
|
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
|
|
|
10-03-2013, 11:16 AM
|
#8
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
|
Quote:
Originally Posted by braumeister
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...
|
|
|
10-03-2013, 11:19 AM
|
#9
|
Thinks s/he gets paid by the post
Join Date: Oct 2002
Location: Chattanooga
Posts: 3,871
|
Quote:
Originally Posted by braumeister
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
|
Sounds like a sure thing !
__________________
Earning money is an action, saving money is a behavior, growing money takes a well diversified portfolio and the discipline to ignore market swings.
|
|
|
10-03-2013, 11:21 AM
|
#10
|
Recycles dryer sheets
Join Date: Feb 2010
Posts: 124
|
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.
|
|
|
10-03-2013, 11:22 AM
|
#11
|
Thinks s/he gets paid by the post
Join Date: Nov 2011
Posts: 3,865
|
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
|
|
|
10-03-2013, 11:23 AM
|
#12
|
Thinks s/he gets paid by the post
Join Date: Mar 2005
Location: yonder
Posts: 2,851
|
Quote:
Originally Posted by braumeister
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.
|
|
|
10-03-2013, 11:25 AM
|
#13
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Sep 2012
Location: Seattle
Posts: 5,991
|
Quote:
Originally Posted by Ken11
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%?
|
|
|
10-03-2013, 11:29 AM
|
#14
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
Quote:
Originally Posted by Fermion
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)
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
10-03-2013, 11:30 AM
|
#15
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Mar 2003
Posts: 18,085
|
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.
__________________
"All animals are equal, but some animals are more equal than others."
- George Orwell
Ezekiel 23:20
|
|
|
10-03-2013, 11:35 AM
|
#16
|
Thinks s/he gets paid by the post
Join Date: Jul 2005
Posts: 4,366
|
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.
|
|
|
10-03-2013, 11:36 AM
|
#17
|
Moderator Emeritus
Join Date: Oct 2007
Location: Portland
Posts: 4,946
|
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.
|
|
|
10-03-2013, 11:52 AM
|
#18
|
Thinks s/he gets paid by the post
Join Date: Jul 2003
Location: Pasadena CA
Posts: 3,339
|
Put some very small amounts of free cash to work, bought some VTI, plan to hold a long time.
__________________
T.S. Eliot:
Old men ought to be explorers
|
|
|
10-03-2013, 11:55 AM
|
#19
|
Thinks s/he gets paid by the post
Join Date: Jul 2012
Location: Mississippi
Posts: 1,894
|
If Mr Market decides to have a sale, I might do some shopping.
|
|
|
10-03-2013, 12:27 PM
|
#20
|
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2008
Posts: 13,127
|
I'm glance at my market ticker on task bar of my computer more often.
Other than that, not anything different.
__________________
Have you ever seen a headstone with these words
"If only I had spent more time at work" ... from "Busy Man" sung by Billy Ray Cyrus
|
|
|
|
|
Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
|
|
Thread Tools |
|
Display Modes |
Linear Mode
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
|
» Recent Threads
|
|
|
|
|
|
|
|
|
|
|
|
|
» Quick Links
|
|
|