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09-05-2020, 02:40 PM
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#21
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Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Join Date: Jun 2002
Location: Texas: No Country for Old Men
Posts: 50,021
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Experience as a novice investor taught me whenever I zig I usually end up wishing I had zagged, so I'm better off doing nothing.
__________________
Numbers is hard
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09-05-2020, 02:51 PM
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#22
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Thinks s/he gets paid by the post
Join Date: Aug 2014
Location: Chicago West Burbs
Posts: 3,018
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If my guy doesn't get elected, I'm sure that I will sell everything, then lose it all Vegas and end up "eating a steady diet of government cheese, thrice divorced, and living in a van down by the river!" (SNL Chris Farley skit)
Not really. I'll do nothing just like I have in all other elections. Timing the market will work for some, for a few trades, but very few if any can lay claim to winning over the long term no matter what the political environment was.
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09-05-2020, 05:32 PM
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#23
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Moderator
Join Date: Apr 2012
Location: San Diego
Posts: 14,212
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 Quote:
Originally Posted by rocketjockey
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Interesting link. Thanks for sharing that.
__________________
Retired June 2014. No longer an enginerd - now I'm just a nerd.
micro pensions 6%, rental income 20%
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09-05-2020, 06:37 PM
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#24
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Full time employment: Posting here.
Join Date: Apr 2014
Location: Houston
Posts: 958
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We have ensured we have 6 to 9 months of living expenses available in cash or short term bond funds. Also have made minor asset allocation adjustments to be a little more conservative given our concerns with impacts of elections and unrest in the country. But these are things specifically called for in our financial plan so we are just following our own written guidance.
__________________
"Learn everyday, but especially from the experiences of others. It's cheaper! " - John Bogle
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09-06-2020, 08:06 AM
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#25
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Thinks s/he gets paid by the post
Join Date: Nov 2008
Posts: 3,408
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Anything I would do has already been done. There is enough in cash to last many years. If it doesn't then the country will have been in deep in trouble. Anything in stocks will take care of my children for their retirement if I just leave it alone. If the market drops 50% they will still have a good nest egg. If it does drop I would be tempted to buy a few shares.
Cheers!
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10-05-2020, 06:56 PM
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#26
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Recycles dryer sheets
Join Date: Oct 2018
Location: Madison/Knoxville
Posts: 190
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Quote:
Originally Posted by DenverGuy42
My wife an I decided last weekend that with all of the potential volatility - elections, colder weather + covid - that we would cash out enough living expenses to carry us through till 2022 since the market had more or less fully recovered from March. We made the trade on this Wednesday.
We had no idea that the market would drop so severely on thur/fri - just dumb luck.
But now we have cash on hand to live on until feb 2022 and will change nothing about our AA for the remaining. It'll auto-rebalance as needed from time to time, but it is in there for the long haul.
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It was your fault it dropped! 
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10-06-2020, 07:04 AM
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#27
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Recycles dryer sheets
Join Date: Jan 2015
Location: Boerne
Posts: 421
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Quote:
Originally Posted by Midpack
I won’t change anything, I’m a long term investor, not a market timer/trader. There’s no strong correlation between presidential elections and the market. “Many” and “they” aren’t reliable sources. YMMV
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Totally agree
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10-12-2020, 06:19 PM
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#28
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Thinks s/he gets paid by the post
Join Date: Oct 2020
Location: Sugar Land, Texas
Posts: 1,245
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If it drops then DCA would help on the buy.
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