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Old 06-10-2011, 02:49 PM   #1
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Hello, All. I have a substantial amount of cash from closing on a property. I am looking for an entry point from this latest correction. Any market timers out there?
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Old 06-10-2011, 02:53 PM   #2
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Hello, All. I have a substantial amount of cash from closing on a property. I am looking for an entry point from this latest correction. Any market timers out there?
I would shoot for the bottom.
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Old 06-10-2011, 02:56 PM   #3
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I would shoot for the bottom.
+1

Or shoot myself; either way, I'm covered ...

BTW, I've never been a "timer", so I have no idea...
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Old 06-10-2011, 03:08 PM   #4
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Not a timer but this may interest you: Lump sum vs DCA - Bogleheads

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Old 06-10-2011, 03:20 PM   #5
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It was a pretty good correction so far.

You *could* DCA, or you could buy half now and sell a cash secured put on the other half for something like a sept. expiration date. For example, VTI closed today at just under 66. You could get $2.33 for selling a September $65 put. You would pay no tax on the money from the put if it is assigned to you (it goes on to the basis).

I wish the puts had a bit more premium though. I don't know if I would do this for only $2.33.
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Old 06-10-2011, 04:04 PM   #6
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I'd wait till it hits the bottom and then jump in.
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Old 06-10-2011, 04:09 PM   #7
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We need another four hundred points down to get to a correction. But who knows if we will get there, or get a lot farther
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Old 06-10-2011, 04:22 PM   #8
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If you buy now, you are guaranteed that you did not buy at the top...so that is something
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Old 06-10-2011, 04:42 PM   #9
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If you buy now, you are guaranteed that you did not buy at the top...
...and if you call within the next 20 minutes they'll throw in a FREE set of Ginsu knives!
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Old 06-14-2011, 01:43 PM   #10
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QE2 is ending, so the market may dive for a couple of months due to fear of how the economy will handle itself on it's own. Wait a couple of months...there may be a substantial correction looming.
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Old 06-14-2011, 02:23 PM   #11
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Wait until something is really cheap, then sell at it's highest price.....easy

Now seriously, choose an AA appropriate for your investment goal, keep fees low and dollar cost average into it over 6 or 12 months. It's boring, but gets you away from.
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Old 06-14-2011, 04:44 PM   #12
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QE2 is ending, so the market may dive for a couple of months due to fear of how the economy will handle itself on it's own. Wait a couple of months...there may be a substantial correction looming.
Maybe, but a lot of economists say the effects of QE2 won't be felt until late this year.
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