Whos got dry powder?

[cooch96]

I still toil for megacorp, so I get some dry powder every fortnight. But my 19yr old water heater is starting to leak, and I’ll need some updated plumbing if I expect to meet code. So I won’t have much extra for a few weeks.

[OldShooter]

Quote:

Originally Posted by Free bird Anyone have a buy target for this sale?

If stocks really go on sale, like 20% to 30%, we'll probably be in for six figures.

[Bigdawg]

Quote:

Originally Posted by Mdlerth From the title I thought you were starting a thread about skiing.

From the title I thought someone was remaking "the sound of music"

[Shanky]

Just the dry powder from my "rebalance" last week Wednesday. Currently have some limit order buys in, but do not expect it to get low enough to trigger. Will DCA back in in the March / April timeframe.

[W2R]

Quote:

Whos got dry powder?

Answer: Everyone?

but,

Who's going to use it?

Answer: Very few who are in the distribution phase, but a bigger fraction of those who are in the accumulation phase.

[Free bird]

Were going green. As in greenacres is the place for me. Fine livin is the life for me.

[bloom2708]

I'm a 100/0 guy. All stocks. All day.

Oh, I also have $100k of dry powder cash. :-) :-) :-)

No dry powder here. Fully invested. Will buy on the next payday.

[Free bird]

Thats farm livin dahling.

[Free bird]

Rebalancers dollar cost averagers. People with no dry powder. People with dry powder but most likely won't use it. Then there's the institutions with machine managers who set the stage for sell offs & rallies.

[Free bird]

Did Bezos Buffet & Dimon precipitate the stock correction with their new healthcare company? Are they creating a Walmart healthcare system for the 99 percenters?

[DrRoy]

No, no, no. That's market timing. Also, there's the one about not trying to catch a falling knife. Lastly, and this is NOT a prediction, if you bought at the same % down from the peak in 2007, you would have lost over half at the bottom in 2009. Just sayin'.

No market timing.

[cbo111]

So, in the interest of doing my part to boost the market, I just moved $50K of cash into VTSAX and VTIAX. You are welcome!
But here is a question that I may have known about but forgot. Why does Vanguard (and most brokerages) take so long to execute a mutual fund purchase? I am a Vanguard customer purchasing a Vanguard fund. Placed purchase order at 11:30 this morning, but won't know until maybe tomorrow what the executed price is.

[REWahoo]

All mutual fund trades execute after the close of business when that day's share price is determined.

[Lagniappe]

Quote:

Originally Posted by cbo111 So, in the interest of doing my part to boost the market, I just moved $50K of cash into VTSAX and VTIAX. You are welcome! But here is a question that I may have known about but forgot. Why does Vanguard (and most brokerages) take so long to execute a mutual fund purchase? I am a Vanguard customer purchasing a Vanguard fund. Placed purchase order at 11:30 this morning, but won't know until maybe tomorrow what the executed price is.

Because mutual funds are priced after the market closes. I bought VTI and VEU, same funds but the ETF version and I got confirmation within 30 seconds.

[MRG]

Quote:

Originally Posted by REWahoo All mutual fund trades execute after the close of business when that day's share price is determined.

+1
These are batch processes. Despite what you see during the day, funds are still priced after the close.

[NW-Bound]

Quote:

Originally Posted by W2R Answer: Everyone? but, Who's going to use it? Answer: Very few who are in the distribution phase, but a bigger fraction of those who are in the accumulation phase.

I just looked at my Quicken screen, which adds up the cash I have spread out among my accounts. Looks like I can plow several hundred K's into the market, and still have enough cash to live on for a few years without selling anything, and that remainder would last a decade easy if I draw SS early. Would I dare?

Say, if the market drops 20% and I am willing to bet that it will rebound quickly, that bet will make me some extra money. Is that money worth the worrying if the market turns bearish, and drags on and on?

Not easy to answer, even though after a market rout I always kick myself for not going "all in". Audacious market timing may bring generous rewards. But on the other hand, as Steven Wright has allegedly said:

"Eagles may soar, but weasels do not get sucked into jet engines"

[MRG]

Yes. The box in the back is full of W231.

20180206_162744.jpg

[street]

I got a lot of dry powder but not buying at this time and going to use it to live on in down times.

[Car-Guy]

Quote:

Originally Posted by MRG Yes. The box in the back is full of W231. Attachment 27763

Prefer H-4831 for my rifles and 110 and Red Dot for most pistols but I do use W231 at times. If you've been around reloading for any length of time you'll understand it when I say, I still have a few pounds of the original h-4831. Still good!

[Car-Guy]

But back on topic, I bought in Friday and Monday for well into the six figure range each day. But not today. Couldn't catch the bouncing balls like I wanted.

I usually just use Yahoo to track and alert me for my watch/want list and then log on to my broker when I want to trade. (only takes a min or so) Yahoo finance usually keeps up pretty close but not today with the market moving so fast. Often the Dow Avg was more than 100+ points off on Yahoo finance from the actual current market....