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03-03-2014, 10:13 AM
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#1
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Southern California
Posts: 3,999
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Good day to buy stocks?
I've had some cash sitting on the sidelines waiting for a big one day drop. I know, I know...market timing. Well, it seems like as good a day as any to start buying. Nothing exciting for me here, just the usual index funds. Orders have all been placed.
Anyone else using today's drop to catch up on putting some cash into the markets?
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03-03-2014, 10:42 AM
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#2
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Posts: 1,495
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Probably as good as any. I'm afraid Mr. Putin is going to keep the markets stumbling for more than a day though. Who knows. Good to see his own market and currency is taking a hit for all his antics. Maybe his oligarch friends will tell him to knock it off for what it's doing to their holdings!
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03-03-2014, 10:51 AM
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#3
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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Nope. Not a good day to buy stocks. The drop today is well within the normal range and not a "blood in the streets" drop. I suggest waiting. I will note any purchases in my Market Timing newsletter.
However, if you wish to make some tax-loss harvesting moves, go ahead. But be prepared to make some more TLH moves in the near future.
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03-03-2014, 11:01 AM
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#4
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Moderator Emeritus
Join Date: Apr 2011
Location: Conroe, Texas
Posts: 18,727
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*Subscribed for the pending stock tips* 
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03-03-2014, 11:24 AM
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#5
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Thinks s/he gets paid by the post
Join Date: Mar 2013
Location: Southern California
Posts: 3,999
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No newsletter necessary. I have virtually perfect timing.
I get it wrong virtually every time. So just do the opposite of everything I do and I bet you won't go wrong.
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03-03-2014, 11:30 AM
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#6
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
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 Quote:
Originally Posted by LOL!
Nope. Not a good day to buy stocks. The drop today is well within the normal range and not a "blood in the streets" drop. I suggest waiting. I will note any purchases in my Market Timing newsletter.
However, if you wish to make some tax-loss harvesting moves, go ahead. But be prepared to make some more TLH moves in the near future.
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How about the non-US stocks?
The decline in EU and emerging markets is greater than that of US.
__________________
May we live in peace and harmony and be free from all human sufferings.
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03-03-2014, 11:45 AM
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#7
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Full time employment: Posting here.
Join Date: May 2011
Location: Marco island
Posts: 815
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Quote:
Originally Posted by Ready
No newsletter necessary. I have virtually perfect timing. I get it wrong virtually every time. So just do the opposite of everything I do and I bet you won't go wrong.
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You've got nothing on me. I'm the king of bad timing! 
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03-03-2014, 11:49 AM
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#8
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Thinks s/he gets paid by the post
Join Date: Feb 2012
Posts: 1,495
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I have some scars from years ago to prove the saying about catching falling knives!
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03-03-2014, 11:53 AM
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#9
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Recycles dryer sheets
Join Date: Aug 2013
Posts: 349
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LOL! Where can I find your newsletter,?
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03-03-2014, 11:55 AM
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#10
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Confused about dryer sheets
Join Date: Jan 2013
Location: Grand Junction
Posts: 5
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For what it's worth, Jim Cramer's take on geopolitical events like the Ukraine, a five day cycle starting with falling stock market value to figuring out after five days things aren't so bad after all. Listen to what stock futures are saying- MSN Money
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03-03-2014, 01:47 PM
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#11
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2006
Posts: 7,733
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I bought some Clorox today being eying it for some time, still 8% more than I wanted to pay, but better a great company at a fair price, that fair company at good price.
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03-03-2014, 02:01 PM
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#12
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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Quote:
Originally Posted by aim-high
LOL! Where can I find your newsletter,?
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LOL! Have you tried a search?
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03-03-2014, 02:03 PM
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#13
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Jun 2005
Posts: 10,252
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Quote:
Originally Posted by Spanky
How about the non-US stocks?
The decline in EU and emerging markets is greater than that of US.
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Nope. The decline is really nothing much and well within the normal volatility of these things. For example, VWO dropped just 1.7% today. It would probably need to drop over 3% in a single day before I got interested. Two or three days in a row of 2% drops would not even be enough.
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03-03-2014, 02:10 PM
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#14
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,671
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<1% - tis but a scratch
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03-03-2014, 02:37 PM
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#15
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Thinks s/he gets paid by the post
Join Date: Dec 2004
Location: Minneapolis
Posts: 4,455
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Quote:
Originally Posted by jebmke
<1% - tis but a scratch
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Stay tuned ...
__________________
May we live in peace and harmony and be free from all human sufferings.
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03-03-2014, 03:57 PM
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#16
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Thinks s/he gets paid by the post
Join Date: Jan 2008
Posts: 1,671
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Quote:
Originally Posted by Spanky
Stay tuned ...
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The nice thing is that nobody knows so it isn't worth worrying about.
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03-03-2014, 05:26 PM
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#17
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gone traveling
Join Date: Apr 2011
Posts: 3,375
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Quote:
Originally Posted by Ready
I've had some cash sitting on the sidelines waiting for a big one day drop. I know, I know...market timing. Well, it seems like as good a day as any to start buying. Nothing exciting for me here, just the usual index funds. Orders have all been placed.
Anyone else using today's drop to catch up on putting some cash into the markets?
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Ah, a market timer. Good luck.
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03-03-2014, 05:38 PM
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#18
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Recycles dryer sheets
Join Date: May 2011
Posts: 88
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Quote:
Originally Posted by jebmke
<1% - tis but a scratch
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As Mercutio said after Tybalt had skewered him, only to expire shortly thereafter.
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03-03-2014, 05:49 PM
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#19
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Recycles dryer sheets
Join Date: Jan 2014
Posts: 277
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Yes it is! As well as the next day, next day, and so on. Everyday is a good time to buy stocks when if you have a long horizon.
Leave market timing to the professionals to screw up. Or have fun trying like me the amateur that I am lol
Sent from my HTC One using Early Retirement Forum mobile app
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03-03-2014, 07:53 PM
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#20
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Thinks s/he gets paid by the post
Join Date: Mar 2012
Posts: 1,555
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What Turboslacker said. I occasionally hold off on a sale or purchase for a short time, but not expecting large differences.
__________________
"Growing old is no excuse for growing up."
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