Who Is Buying?

The broader market rally has been getting a bit toppy, and with QE2 ending this month, concerns about the economy's ability to function on it's own may result in a substantial correction. I'm planning on accumulating individual stocks on major dips towards the end of the summer.
 
I don't hide from the volatility, I embrace it.

Outside of tiny amounts in some of my 401k mutual funds, I've never owned a bond.

Up and down, up and down. Buy high, buy low. I've been buying stocks twice a month for 16 years.

If the cross-section of American and international businesses don't prosper, I doubt that any of those safe havens will be any good anyway.

Sounds more like ignoring it rather than embracing it. I've bought 100 shares of DX. So basically I've done nothing. I'd rather be in but one good day doesn't mean a turn around.

Who said, "When you don't know what to do, don't do anything?" 60% cash, 40% whatever I had that stayed up before the market turned South. Permanent Portfolio, ED, T, some high yield bond mfs. Going to be a lean month for dividends but I'm only down .5 compared with the Dow and S&P off 4%.

I don't like to buy and sell but I don't like 4% losses either. Sitting here in Limbo.

YouTube - ‪Jimmy Cliff - Sitting In Limbo‬‏
 
Since April, I have been taking some profits and increasing cash position(currently about 40% cash). I don't like to be holding this much, but until we see improvement in hiring and some positive action for the common good from our legislators, I am not confident the economy will continue to see the slow growth the experts are indicating.

Nevertheless, with dry powder on hand, I am poised to wade back in depending on economic/market climate.
 
Not really I think this is probably much safer than portfolio of US Treasury bills and even CDs of sustaining a retirement.

The stocks he named all have yields of between 2.8 to 3.8% making them competitive or higher than 10 year treasuries and not much below AAA corporate bonds. The one thing we know for a fact is that bonds coupons have zero chance of increasing over time, inflation or no inflation. In contrast pretty much all of the companies he named have a long sometimes 100+ year history of raising dividends.

I'm quite a bit more confident that people will continue to buy Coke, Pampers, Tide, Johnson baby shampoo, Band-Aids during my lifetime than that Uncle Sam will continue to pay its debts. We are after all only 52 days away from a debt crisis, and the media is talking pretty much exclusively about Wiener's wiener.

I have quite a few on his list for the same reasons. But I couldn't sleep at 100%. To each his own.
 
Picked up some INTC, MSFT & PBI on Friday; TOT a week ago. All dividend plays that have pulled back a bit lately...sold INTC & TOT when they ran up and bought them back when they pulled back 8 & 10%...
 
As soon as the transfer clears I'll be buying VEU (Total International Index) as predicted.

DD
 
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