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Old 11-08-2016, 10:34 PM   #21
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This will be a V bottom, like Brexit. Nothing bad will happen. Companies will still make money.
Thats what I'm talking about. If your buy order is in for tomorrow you'll be buying on the way down. Unless You have a buy-in price set
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Old 11-08-2016, 10:37 PM   #22
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What is the best buy strategy if the bottom is uncertain. Could be 5%, 10% or I suppose even 15% - 20%. Since timing the bottom will be impossible, how do you stage the buys? I am a Vanguard index buyer who keeps approximately 30% in equities (allows me to sleep at night better), but it is still a fair amount of money.
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Old 11-08-2016, 10:47 PM   #23
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What is the best buy strategy if the bottom is uncertain. Could be 5%, 10% or I suppose even 15% - 20%. Since timing the bottom will be impossible, how do you stage the buys? I am a Vanguard index buyer who keeps approximately 30% in equities (allows me to sleep at night better), but it is still a fair amount of money.
If you have plenty of liquid cash then queue up orders every day. Or every other day. It doesnt matter...if it keeps dropping keep buying. Even if its a couple hundred bucks at a time...that will add up to thousands before you know it.
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Old 11-08-2016, 10:51 PM   #24
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Will be interesting to see what the mortgage market does. Rates went down during Brexit. The feds might have an interesting December meeting.
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Old 11-08-2016, 10:53 PM   #25
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What is the best buy strategy if the bottom is uncertain. Could be 5%, 10% or I suppose even 15% - 20%. Since timing the bottom will be impossible, how do you stage the buys? I am a Vanguard index buyer who keeps approximately 30% in equities (allows me to sleep at night better), but it is still a fair amount of money.
Buffet says if the market is on sale, buy. If it drops even more, buy. And if it drops again, buy.
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Old 11-08-2016, 11:23 PM   #26
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May Be a Bloody Wednesday

Bracing for impact!
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Old 11-08-2016, 11:28 PM   #27
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Thats what I'm talking about. If your buy order is in for tomorrow you'll be buying on the way down. Unless You have a buy-in price set
I am guessing a gap down, and the open will be the lowest.
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Old 11-08-2016, 11:28 PM   #28
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Buffet says if the market is on sale, buy. If it drops even more, buy. And if it drops again, buy.
And if you do not have money left, buy on margin?

Mortgage your house, get a Heloc?
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Old 11-09-2016, 12:06 AM   #29
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And if you do not have money left, buy on margin?

Mortgage your house, get a Heloc?
That's whats holding me up. How much do I put in now? And how much do I keep available for future opportunity?
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Old 11-09-2016, 12:35 AM   #30
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Hmmm - tax loss harvesting? At least on the funds with the larger projected cap gains.
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Old 11-09-2016, 12:44 AM   #31
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I'm expecting a drop and am ready to buy!
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Old 11-09-2016, 02:01 AM   #32
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I found this article on market ups and downs following presidential elections. I'm not a market timer but it might be interesting to play with this a bit.

https://www.washingtonpost.com/poste...-that-tell-us/
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Old 11-09-2016, 02:25 AM   #33
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Did the markets recover fully after Brexit?

Pound Sterling hasn't. Led to higher priced imports which will hit pocketbooks.

We may have fiscal, tax and regulatory policies like those before the Financial Crisis. Reason to be bullish?
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Old 11-09-2016, 03:38 AM   #34
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I met a Brit a few days ago. He encouraged me and others to visit as it was really cheap right now. It's possible the markets are likely to be down for a couple of years, then come back. That article was an interesting read. We've had a long bull market.
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Old 11-09-2016, 03:39 AM   #35
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Biotech seems to be the place to be. IBB up 3%
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Old 11-09-2016, 03:57 AM   #36
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Yea it may be time to buy but not VTI since this may have long term negative consequences on US economy.

More like VXUS.
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Old 11-09-2016, 03:58 AM   #37
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Old 11-09-2016, 04:35 AM   #38
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Hmmm - tax loss harvesting? At least on the funds with the larger projected cap gains.
Might not be a bad time for it.

I have about $20K in an inherited IRA in a trust after my mom's passing last month. I was thinking I would have to liquidate the IRA and pay a lot of taxes, cut a bunch of K-1 forms and such, but it looks like between the sale of the house (after step up in basis there will be a loss equal to the cost of sale) and perhaps the other Vanguard account still in trust that I haven't been able to liquidate yet, I may have enough capital losses to offset the $20K in income from liquidating the IRA and distributing it to beneficiaries. At least that would mean no income on the K-1 forms from the trust. I might have to do it $3K at a time, though.

Always a silver lining somewhere.
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Old 11-09-2016, 04:39 AM   #39
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I met a Brit a few days ago. He encouraged me and others to visit as it was really cheap right now.
Only in terms of the dollar being very strong against the pound right now. London has never been "cheap" and never will be.
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Old 11-09-2016, 05:55 AM   #40
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Might be a good time to load up on US currency.
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