RetiredAt49
Recycles dryer sheets
- Joined
- Oct 30, 2021
- Messages
- 468
30% drops may happen every few years. 50% and greater is very rare.The S&P 500 is only 25% down from it’s peak. History says 50% drops every few years are common.
It seems you have a large enough nest egg. What if you elect to have all dividend/capital gain distributions cash-out instead of re-investing. Then use the cashed out proceeds to pay bills instead of selling equities. This way you are keeping your egg and living off dividends/interest/Capital Gains
Or the time to buyIf stocks are up 6% in 2 days this may be the time to sell.
If stocks are up 6% in 2 days this may be the time to sell.
Or the time to buy
Yeah, another bear market rally to suck in the retail buyers. This happens a lot when stock market bubbles start to deflate. It's the top 85% squeezing the last dollars out of the bottom 15%.
Bear market rallies are brutal. Of course the one in July/August sucked in a lot of people. The only thing that has changed is the Fed pivot crowd is back again and oil is on the rise.
The heck with inflation
Oh, and North Korea is firing missiles over Japan.
Does anyone have any good news?
I just saved a bunch of money on my car insurance by switching to GeicoDoes anyone have any good news?
The S&P 500 is only 25% down from it’s peak. History says 50% drops every few years are common.
Sure. Quantum computers are becoming a reality and will change the world for the better.Does anyone have any good news?
Seeing the Dow up by 800 pts today as of this moment, might have to tell the OP that not a good time to go all in .
OP here....
Thanks. I'm taking things slowly. Have sold a bit into this strength but avoiding any major sales. I've bumped my cash for expenses up to 2 years and will continue to do this at opportune times. I'm re-reading this thread for places to put some of these proceeds with a short term time horizon.
OP here....
Thanks. I'm taking things slowly. Have sold a bit into this strength but avoiding any major sales. I've bumped my cash for expenses up to 2 years and will continue to do this at opportune times. I'm re-reading this thread for places to put some of these proceeds with a short term time horizon.
Seeing the Dow up by 800 pts today as of this moment, might have to tell the OP that not a good time to go all in .
Do you have target asset allocations?
You can DCA out (if that's the proper term) as well as DCA in to your target allocations. Set on autopilot to move so much to different asset classes automatically until you hit your targets. Takes the emotion out of the equation.
I did but didn't like the performance of my bond funds so I moved what was in my Vanguard bond funds to equities.
I'm spending some time on the boglehead site learning more about what an appropriate AA allocation for us should look like.
I'm also taking advantage of as many i-bond purchases as I can make even though limited to $10k per person and then the gift option.
I feel like if I can slowly build up my cash position to cover 3-5 years of expenses I will be in a better place.
There were some thought provoking posts in this same thread about maintaining $ vs so much focus on growing $ and also about having "enough". Got me to thinking more about mitigating my risk and being happy with what we have or will have with more moderate returns. Once I find a good AA I'll just need to get better at standing there instead of doing something
Tomorrow is Sunday. Markets are closed unless you are trading crypto.