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What is your action vs Market Fall?
Old 02-05-2018, 01:17 PM   #1
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What is your action vs Market Fall?

Of course there are two actions to take:
1. Sell as soon as you see the Fall begins, wait until the Market stabilizes and buy in again.
2. Seat tight, do not sell or buy, having enough cash to wait until the storm is over.
Personally I prefer to seat tight, especially on Dividend paying stocks as it is part of income. However there is possibility to make much larger amount if selling when they are still in plus and repurchasing when stocks went to the bottom or so.
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Old 02-05-2018, 01:21 PM   #2
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# 2 but I'll have to sell a little bit by month's end to live on. I try not to get excited either way (up or down)>
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Old 02-05-2018, 01:26 PM   #3
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Of course there are two actions to take:
1. Sell as soon as you see the Fall begins, wait until the Market stabilizes and buy in again.
.
And how does one know when the market has finally stabilized? Bear markets seldom go down, Down and DOWN without a few upsides to lure in more prey for the Bear.

Stay the course, keep your AA in mind, ignore the financial press and have some fun.
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Old 02-05-2018, 01:28 PM   #4
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Stay the course and go play golf.
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Old 02-05-2018, 01:28 PM   #5
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SELL!
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Old 02-05-2018, 01:29 PM   #6
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I had some cash sitting around today, so just put in a small buy order on Total Stock Market. Not enough to swing anything, but I like the discount (regardless of what happens tomorrow, or next week/month etc).
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Old 02-05-2018, 01:36 PM   #7
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And how does one know when the market has finally stabilized? Bear markets seldom go down, Down and DOWN without a few upsides to lure in more prey for the Bear.

When Market starts to go up, slowly or rapidly but not on daily base (not just like volatility). Sometimes it takes a few days if it was just correction, sometimes it takes a few years when more fundamental problems with economy is obvious or a trade war on the horizon.
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Old 02-05-2018, 01:38 PM   #8
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As mentioned numerous times, I rebalanced to my AA on the way up by selling stocks and buying bonds. I'll be rebalancing to my AA on the way down by selling bonds and buying stocks, although I have to wait until February 24th because of Vanguard's short term trading policies.

In the meantime I'm going to the store to buy some eggs and sugar to make some banana bread.
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Old 02-05-2018, 01:38 PM   #9
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What do they say? To time the market, you have to get it right twice - at the peak and at the valley.
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Old 02-05-2018, 01:41 PM   #10
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I did our ROTH conversion (OK, half now, half at year end) - it kicks in at end of day. I was distracted at the start of January and didn't do it then. So now I get a nice do-over.

Thanks to all the panic sellers out there (I doubt many/any from this forum). Seriously.
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Old 02-05-2018, 01:41 PM   #11
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I'm sitting tight. Really, the amount of the portfolio affected is a couple of percentage points, well within the range of normal variation so it's nothing to get excited about.
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Old 02-05-2018, 01:47 PM   #12
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I bought a little this afternoon. My equity allocation was kind of low anyway, so it was more or less rebalancing but at good prices.
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Old 02-05-2018, 01:53 PM   #13
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I'm in the 3rd boat: tighten belt to live off 75% of pension and start sticking the other 25% in. Economy Plus not Business Class tickets. So yes it affects my day-to-day life but I'm still traveling, donating, Starbucks, just sticking to middle income expenditures
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Old 02-05-2018, 02:03 PM   #14
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I'm enjoying the fact the Dow is up almost 1000 points from where it was on Thanksgiving.
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Old 02-05-2018, 02:13 PM   #15
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I doubt I am anywhere near a re-balance point.
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Old 02-05-2018, 02:15 PM   #16
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Been short the market for 25% of my portfolio and have been wrong for 3-4 years now, less wrong today but still wrong overall. I am one of the few smiling today but only briefly.
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Old 02-05-2018, 02:18 PM   #17
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What do they say? To time the market, you have to get it right twice - at the peak and at the valley.
It's like "horseshoes and hand grenades" most of the time "close enough" works!
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Old 02-05-2018, 02:20 PM   #18
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Old 02-05-2018, 02:24 PM   #19
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Will rebalance back to my bands in T IRA, so no hard selling decisions to make. Only retired last year, but have read enough from this forum plus other articles to know not to panic.
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Old 02-05-2018, 02:29 PM   #20
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Did it hit 10% down from the peak during intraday?

People say a correction was long overdue and it's "healthy" to have one.

But to drop 10% in just two trading sessions?
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