frayne
Thinks s/he gets paid by the post
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 ?
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
The perfect time to be writing half-split covered reverse calls on highly leveraged Venezuelan beaver cheese futures.
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.
I now am trying to visualize how you milk beavers...
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%?