Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Re: Is the prevailing opinion that stocks stink?
Old 02-15-2005, 02:46 PM   #21
Posts: n/a
Re: Is the prevailing opinion that stocks stink?

I have a silly amount of cash on hand right now thats simply going to get sillier when my wifes old house finally sells.

Mostly because there isnt anything I want to buy at these prices, and 3% 11 month and 4.61% 5 year CD's are making me perfectly happy for now.

But heck, I must have almost 10% of my total holdings in cash, MM and CD's right now.
Based on that criteria, I'm up there as silliest with 25% (5 years of living expenses + emergency fund); however, 5% is 'play'/trading money that's just in between positions. And by 'play' I'm referring to stocks that are intermediate to long term holdings not day trading. Can't make myself to go into bonds right now though that cost me some returns last year but peace of mind is worth more, I think. 'Investor knows thyself' kind of thing. I'm timing the return of 6%+ MM and 10%+ CDs
If this year's return is half that of last year, I'll be a happy camper.
  Reply With Quote
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 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!

Re: Is the prevailing opinion that stocks stink?
Old 02-15-2005, 03:39 PM   #22
Posts: n/a
Re: Is the prevailing opinion that stocks stink?

Yeah I'm nervous as a whore in church over my heavy bond commitment. OTOH, when I look at the alternatives (for me that is basically CDs and MMs),
my yields look pretty good. I guess if I just hold what I have and it throws off what I THINK we need income-wise, I will stay the course. Anyway, one year,
6 months, 25 days to SS.

  Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Why Do Stocks Go Up? wabmester FIRE and Money 75 08-14-2006 11:17 AM
The "New" Value Stocks wildcat FIRE and Money 26 03-04-2006 08:43 AM
Stocks or Mutual Funds renferme FIRE and Money 7 03-01-2006 06:14 PM
Swedroe comments on buying individual stocks. Nords FIRE and Money 27 10-12-2005 09:20 PM
Question on Dividend Stocks or Funds modhatter FIRE and Money 43 10-03-2005 09:11 AM


All times are GMT -6. The time now is 05:27 AM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2016, vBulletin Solutions, Inc.