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Old 02-06-2017, 05:34 PM   #61
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I sold stocks and raised cash level throughout 2008, then started to buy back in early 2009. My monthly records show my cash level was 20% in late 2007, and 65% in late 2008. Not all of it was due to my selling, as stocks were the "incredible shrinking asset" during that time. Everybody's stock AA was dropping like a rock (heck, the S&P lost 57% of its value).

I did have the courage to "buy, buy, buy" in early 2009, and my cash dropped to 38%. However, as I started to make good money I feared of a double dip which never came, and sold again too soon. I eventually bought back again, but forfeited quite a bit of gain.

Overall, throughout this period I did fairly well compared to some balanced MFs. Hope I will get lucky again if something like this recurs.


PS. I held little bond, and for simplicity's sake if I held 20% cash + 80% stock and if my stocks tracked the S&P to lose 1/2 of its value, if I did not sell anything my stock AA would become 40 / (40+20) = 67% instead of the 35% due to selling.

From 80% stock to 67% stock due to the S&P dropping by 1/2, the AA change does not look that big, yet the portfolio would have lost 40% of its value! My records show I lost 33%. So, I saved a measly 7% with all that selling. However, the money I put in the market afterwards helped quite a bit during the recovery.
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Old 02-07-2017, 04:38 PM   #62
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I have a sure fire way you all can get rich!!! I will post what I buy and then you can short sell it because no matter how it's done in the past or doing currently it ALWAYS tanks after I buy it. So, we could all get rich if you share some of your profits. On second thought I could start a newsletter and post what I buy. Sure fire way for subscribers to get rich.

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Old 02-07-2017, 05:34 PM   #63
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For what it's worth I'm sitting on 75% cash waiting for the market bubble to burst. I cashed out in Nov '16 in order to consolidate all of my assets from various brokerages etc into Vanguard. I figure I'll DCA it all back in when the right opportunities present themselves this year but surprisingly the market continues to be strong...for now.
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Old 02-13-2017, 04:40 PM   #64
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Peeks head in to see if a Woo-hoo! sell signal yet from W2R. Not yet. Shhhh! Hope the market climbs a bit higher still.
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Old 02-13-2017, 04:44 PM   #65
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Peeks head in to see if a Woo-hoo! sell signal yet from W2R. Not yet. Shhhh! Hope the market climbs a bit higher still.
I'm thrilled! I can hardly believe that the Dow is 20,412 already.

21,000 here we come.


Up, up, and away (in my beautiful balloon, there's an earworm for you)
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Old 02-13-2017, 04:46 PM   #66
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I'm thrilled! I can hardly believe that the Dow is 20,412 already.

21,000 here we come.


Up, up, and away (in my beautiful balloon, there's an earworm for you)
Okay..now I have the jitters .
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Old 02-13-2017, 05:56 PM   #67
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Up, up, and away (in my beautiful balloon, there's an earworm for you)
I'll take earworms all day long as long as you stay away from capital W's.
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Old 02-15-2017, 03:15 PM   #68
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I'll take earworms all day long as long as you stay away from capital W's.
Do I have to?

Yesterday the Dow was over 20,500, and once again my portfolio is the biggest EVER, well, since I bought my dream home anyway.

Today it is 20,612. Up, up, and away!

My highest portfolio value ever, before I bought my dream home, was on April 24, 2015 (less than 10 days before making my offer on that house). Right now, I'm only a tiny bit below that amount. It's as though I got my dream home for free. OK, I know I didn't, but gosh...

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