Your behavior during latest market downturn ?

[sengsational]

I ran the asset allocation. Everything was within bands, and I had rebalanced a few months ago, so it was a no-op (for the non-programmers out there, that's a line of code that doesn't do anything).

 

[redduck]

Your behavior during latest market downturn ?

I began wearing skirts in the late afternoon.

 

[audreyh1]

At most I got 3% off target for stocks and I require 8% min to rebalance. But I only compute weekly, so I missed the worst case days.

If a correction takes less than a month to sell off and recover, I'm probably going to miss it for rebalance purposes.

 

[frayne]

Your behavior during latest market downturn ?

I began wearing skirts in the late afternoon.

Pictures or it didn't happen !

 

[Rick_Head]

We were rather lucky DMT's. Several years ago, DW had inherited a MF portfolio with IG (Canada's Amerprise). It was a small %age of our combined NW. She has no interest in money other than what it will buy, doesn't mean she isn't frugal, but investing is not her thing. I wasn't about to insist on moving it since any issues after would be "my fault". As well, the "FA" was a friend of her dad's from whom she inherited. He is a good guy (outside of his employment) and she like him. He retired in the spring. After a few meetings with the PFY who bought or inherited the book, she thought moving was a good idea. So, in early Sept. she opened a discount brokerage account and had them move the assets in cash (MF's were proprietary and in kind was not an option). Sale date Sept. 11. 4 weeks later the $ appeared in her new account and went into a few Vangard Canada ETFs. Thank you VG for coming here finally.

So, we being incredibly smart, sold and bought back for about 10% less. When markets drop another 60%, we will have saved a bit </sarc off>

 

[project2501]

went wheeeee. . . boing

 

[redduck]

Pictures or it didn't happen !

No way. Remember what happened when you posted those types of pictures on the internet?

 

[Spudd]

I mainly did nothing, but I did buy 1k worth of a beaten-down oil stock that appealed to me.

 

[eta2020]

As expected more people sold then bought at a bottom. No surprise since fund returns are almost always higher then investor returns.

http://finance.yahoo.com/news/u-based-stock-funds-post-140637959.html

 

[NW-Bound]

Pictures or it didn't happen !

No way. Remember what happened when you posted those types of pictures on the internet?

My friend redduck sent me the photo. He may not call me friend anymore after I post his photo, but I couldn't help sharing it. Even his frilly shirt was custom-made. Overall, a beautiful outfit.

 

[redduck]

Yes, NW-Bound, make that "former friend."

 

[NW-Bound]

Oh no, Mr. Redduck! I beg for your forgiveness and reconsideration.

I thought that photo of yours was splendid, and that you would not be offended. It was nothing like some photos of kilt-wearers with mishap that one often found on the Web.

 

[redduck]

And just so you folks know, that thing hanging on the chain in front of the skirt is waaayyy too small to protect me. (duck, I think you doth protest too much. Yeah, maybe I do. I think maybe I should have breakfast now).

 

[Donzo]

a random thought concerning my "timing"(thus far) I seem to be better at getting in (adding equities) at the right time and tend to get out (way) to early. Gotta sit on my hands!

 

[freedomatlast]

Nothing. Still buying every month just like I have been for the last 25 years.

+1

 

[Tortoise]

I invested in both equity and bond index funds with new money and then went for a walk.

 

[RobLJ]

Bought AWLCF (another chunk), but only .2% of portfolio and put a bid on SDRL that didn't trigger.
Also, monthly 403b contributions triggered as always.
Was hoping GILD would go down further.

 

[jollystomper]

I did nothing but it was more like "stayed the course". Continued my dollar cost averaging for my 401k.

 

[albundyz]

first time I panicked

Sorry, but when you're sitting on huge gains, the prospect of losing those gains trumps everything else. Yes, I have not fully participated in the recent retracement, but I don't need to..... I have been in the market for over 7 years. This is the first time that I decided to protect my gains by selling. I am now at 70% cash. I can afford to coast for a while.

 

[Greg V]

Did nothing...but I paid attention. The change in asset allocation percentages did not trip any limits for rebalancing. If it had, then there would have been some adjusting of my investments.

 

[Hamlet]

I did nothing. I have a little bit of money set aside for buying during downturns, but I didn't pull the trigger.

 

[Tortoise]

I forgot to mention that I also wrote a blog post telling others that they should do nothing different than if the market were flat or increasing, and stay the course.

Worst Week Since May 2012 - Save and Conquer