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Old 06-07-2016, 01:43 PM   #21
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Knowing how clever I am about market timing, the best thing for me is to do nothing.
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Old 06-07-2016, 02:57 PM   #22
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Quote:
Originally Posted by wmc1000 View Post
With Dow and S&P nearing all time highs today is everyone going to continue the ride or will some of you take some money to the sidelines?
Continue the ride by all means.

Though it's always moved in fits and starts, isn't the market supposed to hit new highs ongoing? Hasn't it always hit new highs, in the USA at least? There have been hundreds of new highs in the past 10 years, do you wish you'd gotten out - and when would you have "rejoined" with confidence?

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Old 06-07-2016, 04:20 PM   #23
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Mostly doing nothing.

Starting yet another DIY study on stocks, see if I can torture the data until it confesses. Experiment with machine learning.

Continue the cash covered put writing program, to get a bit of income while the market continues upwards, and buy at a discount when it doesn't.
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Old 06-07-2016, 04:28 PM   #24
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I am actually buying more. My monthly allocation. I have had a buy in for a while, and the market keeps climbing higher. At some point in the next week, I will buy at market 50% of my allocation. Then, the rest before the 23.

I always set a buy for ~1% below the market on around the first of the month.
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Old 06-07-2016, 04:34 PM   #25
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remember the thread where some of us were front loading in January?
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Old 06-07-2016, 04:37 PM   #26
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Buy more VRX!!!
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Old 06-07-2016, 04:40 PM   #27
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I have to admit that I effectively pulled the trigger and reduced exposure to equities by about 2.5% of total portfolio value, but that was a day after increasing exposure to equities by about 2.5%.

I am looking to restore my equity percentage though as soon as something drops about 1% in price. That may be stupid as 1% of 2.5% is just a change of 0.025% in total portfolio value and should not mean much by the end of the year.
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Old 06-07-2016, 04:41 PM   #28
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With Dow and S&P nearing all time highs today is everyone going to continue the ride or will some of you take some money to the sidelines?
Money to sidelines and taxes to IRS .

No I will just continue collecting qualified dividends.
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Old 06-07-2016, 04:44 PM   #29
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Knowing how clever I am about market timing, the best thing for me is to do nothing.
Yup, me too, for the same reason.
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Old 06-07-2016, 05:31 PM   #30
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Being that both stock and bond funds have done well, my 50/50 allocation has barely budged. Since I have wide 10% do nothing bands I'll just go back to my usual financial nap until something happens. Sometimes my financial naps last for years and years...
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Old 06-07-2016, 07:53 PM   #31
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Well I always add to the cash stockpile when stocks hit new highs. Its nice to see foreign stocks are finally making some headway.

Threw some play money into the market during the last downturn, so likely pull that back out and go buy a car. Been doing more hiking where Uber is not really an option.
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Old 06-07-2016, 08:01 PM   #32
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I made 60 grand last month.

Maybe next month I'll lose it.

Not worried.
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Old 06-07-2016, 08:15 PM   #33
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My HAL 9000 will wake me up in December. It's my job to decide what RMD action to take and what rebalancing to do. HAL then allows me to sleep again.
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Old 06-07-2016, 09:23 PM   #34
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I will expect a recession some time after the yield curve inverts--but I do not expect to do anything. But it is still normal.

Sent from my SM-G900V using Early Retirement Forum mobile app
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Old 06-07-2016, 09:53 PM   #35
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I made 60 grand last month.

Maybe next month I'll lose it.

Not worried.
What did you sell? Or were you at the casino?
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Old 06-07-2016, 10:04 PM   #36
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The monthly statement (paper) came in the mailbox (the one on the curb) and I opened it up and found that I made 60 grand.

Once before I die imma gonna buy me a ticket to the main event at the annual world series of poker in vegas. Most likely I loose 10 grand, but I could win 20 million. I'll be happy to break even.

And even if I loose 10 grand at least I had a seat -
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Old 06-07-2016, 10:12 PM   #37
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The monthly statement (paper) came in the mailbox (the one on the curb) and I opened it up and found that I made 60 grand.

Once before I die imma gonna buy me a ticket to the main event at the annual world series of poker in vegas. Most likely I loose 10 grand, but I could win 20 million. I'll be happy to break even.

And even if I loose 10 grand at least I had a seat -
I am sure it's a very cool experience so you should do it once! Good luck whenever you do it!
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Old 06-07-2016, 10:52 PM   #38
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I am at 64% equity and would like to be at 60% when I retire in 16 months. I have a strict formula that leads totransfering funds from stock funds to total bond based on equity balance. If market increases at least a little bit both tomorrow and friday, it will trigger a transfer of $50K to FTBFX. That transfer along with my slow three month process to get out of junk should have me down to around 62% equity by end of year.

Marc
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Old 06-07-2016, 11:31 PM   #39
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Heck, I'm just getting used to the idea that we recovered all that nasty action at the beginning of the year.

New highs AGAIN!! Arrrrrgh! What is this world coming to!?!?

[sarcasm]
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Old 06-08-2016, 01:09 AM   #40
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The next withdrawal I will take probably at the end of this month. I expect to sell equities because I am more out of balance than I really want to be and selling equities would bring me closer back into balance. Will look at it in a couple of weeks and act accordingly at the time.
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