Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Is this market timing?
Old 05-09-2005, 09:20 PM   #1
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Is this market timing?

An article in the June edition of Smartmoney suggests converting long-term bond investment to money market as interest rate rises. For the equity portion, the article suggests tilting more toward sectors such as consumer staples, drug and biotech. The author asserts that this is not market timing but a defensive against inflation. What do you think?

Spanky
__________________

__________________
May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   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 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!

Re: Is this market timing?
Old 05-09-2005, 09:41 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Is this market timing?

Thats what I would call market timing.

You're doing something in anticipation of something.

I moved some money out of wellesley just prior to the fed starting its rate hikes. Wellesley went up, not down. What I moved the money into went down, not up.

However while the 'dirty market timing' devil has already been proven to be bad most of the time, I think sometimes...not often but sometimes...you have to make a move on the basis of a major event or obvious situation. I'm talking nasdaq 5000, 9/11 sorts of things. Although you're probably an idiot for buying long term bonds or bond funds right now without a good reason. The sector tilts on paper might be good ideas. In reality...who knows?
__________________

__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Re: Is this market timing?
Old 05-10-2005, 11:11 AM   #3
Thinks s/he gets paid by the post
Spanky's Avatar
 
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,046
Re: Is this market timing?

TH,

I concur that this is market timing. The author also suggests getting rid of REITs.

Spanky
__________________
May we live in peace and harmony and be free from all human sufferings.
Spanky is offline   Reply With Quote
Re: Is this market timing?
Old 05-10-2005, 11:15 AM   #4
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
 
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
Re: Is this market timing?

I wouldnt get rid of them, but I wouldnt be a buyer right now either.
__________________
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.
cute fuzzy bunny is offline   Reply With Quote
Reply


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
My favorite market timing metric wabmester FIRE and Money 15 05-07-2006 11:46 AM
Market Timing & Mutual Funds greg FIRE and Money 12 08-31-2005 10:57 AM
Market Timing Article today............. Cut-Throat FIRE and Money 22 09-01-2004 11:35 AM
Scott Burns on Market Timing intercst FIRE and Money 2 07-06-2004 05:43 PM

 

 
All times are GMT -6. The time now is 08:57 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.