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Old 03-26-2020, 11:34 AM   #141
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With CD rates in the tank, finding it hard to pass up ST muni A rated with yields 2.5-3.0 for taxable account. Sure not triple A, but nearly double the yield ?
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Old 03-26-2020, 11:54 AM   #142
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With CD rates in the tank, finding it hard to pass up ST muni A rated with yields 2.5-3.0 for taxable account. Sure not triple A, but nearly double the yield ?
Earlier in the week they were over 4%. Those deals went fast.
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Old 03-26-2020, 01:09 PM   #143
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Earlier in the week they were over 4%. Those deals went fast.
Yeah, the window has all but closed, I'm afraid.
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Old 03-26-2020, 01:13 PM   #144
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I thought very seriously about buying a couple thousand shares of CCL as a gamble when it was $8....dang and today it is $18.

Shoulda woulda coulda.
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Old 03-26-2020, 01:34 PM   #145
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Would anybody like to guess whether the market will be a V or a W?
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Old 03-26-2020, 01:46 PM   #146
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I am still calling the long U.

Recent bounce is just that - a bounce.
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Old 03-26-2020, 01:50 PM   #147
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Investing in fixed income for the past 30 years has taught me that the time to buy is when there is a panic. The liquidations that was going on in fixed during the past two weeks dwarfs what happened in 2013 and was close to what happened in 2008/2009. What we witnessed is what happens when investors and funds are over-leveraged - they sell everything to raise cash. I saw bid/ask spreads of 15-20% on high quality investment grade corporate bonds. The Fed needed to step in and put a bid under the bond market as 8.9% or more YTM on 5 year investment grade corporate notes was far too high relative to near zero rates for treasuries. If they didn't act, program trading would have pulverized the equity markets.
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Old 03-26-2020, 02:02 PM   #148
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Earlier in the week they were over 4%. Those deals went fast.
Now you see it, now you don't. I just became really aware of how extreme the mayhem was in the bond market earlier this week. Since I did not have any free cash in my tax deferred, I did not really explore. Finally light bulb went on that I had maturing CDs that I could move back from Ally and grab some muni in my taxable account.
The Fido bond trader told me that he still had clients cashing T-bills that were 2 weeks from maturing. Pretty much all from CV-19 etc fear,.
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Old 03-26-2020, 02:10 PM   #149
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Still buying SPY (well, my 401k's SP500 fund). A little at a time.

Once my individual stock holdings in my IRA settle out I will start selling them and moving into ETFs.

Not in a huge hurry but have noticed that individual stocks can wreak havoc (high anxiety) during these events. Lesson learned from MLP, REIT stocks.
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Old 03-26-2020, 02:12 PM   #150
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Well, tomorrow is the day I pull the trigger on getting back with another big chunk. Still have a fair amount in Bond funds, but need a few more days so I don't trigger the 'Roundtrip' warnings.
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Old 03-26-2020, 02:15 PM   #151
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My limit order for WMT didnít trigger, but overall a great day. I decided to sell my MAR with a nice gain (in an IRA). I suspect a down day tomorrow with people taking gains before the weekend.
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Old 03-26-2020, 03:15 PM   #152
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I'd love to buy in but everything in me says this just doesn't seem right. Yes the govt handed out all kinds of money but to me its a short lived rally and we are looking at a W
I just sold half of my asset today, I will be watching from the sideline until I can buy toilet paper from Target near my house.
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Old 03-26-2020, 03:17 PM   #153
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I just sold half of my asset today, I will be watching from the sideline until I can buy toilet paper from Target near my house.
Good luck, sir. But, ugh, selling when we are down 20+% is a hard pill to swallow.
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Old 03-26-2020, 03:43 PM   #154
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Put in a sell order for my BA, if it hits $200. I'll buy again if it drops again. I think this is far from the end of the troubles, and I still have a couple of buys that didn't execute yet, although I may up my AAPL buy from $85 to $150. Ya never know.
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Old 03-26-2020, 04:05 PM   #155
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I just sold half of my asset today, I will be watching from the sideline until I can buy toilet paper from Target near my house.
Not a bad time to sell, market up a record 20% in 3 days! Typical bear mkt rally?

Iíll just hold on and add more on the next 25%+ drop.
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Old 03-26-2020, 04:08 PM   #156
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With the last few days 20% up my next falling knife order for VTI at limit $104 may take awhile. But I don't mind the wait.
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Old 03-26-2020, 04:23 PM   #157
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Yesterday jammed in the $7,100 contribution for 2020 in our HSA. All of it in IVV for now.
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Time to buy? What are you buying?
Old 03-28-2020, 06:44 AM   #158
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Time to buy? What are you buying?

I bought into existing holdings to cost average because the stock went down so low (x). Also purchased new shares of (msft, dal, and sotk).
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Old 03-28-2020, 08:30 AM   #159
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Nobody knows the real answer, but here and there are tidbits of intelligence.

Jim Cramer said get ready for a rocket ship once science finds any grip on slowing/curing the covid.

I am into S and P index and some aristocrats right now with as much as I can stand to lose.

I like T, but cant pull the trigger. I likely will before monday.

I have no data, just what I feel good about.

I am not risking the bulk of our nest egg though.

Just trying to be greedy during panic etc.

Thanks.
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Old 03-28-2020, 09:28 AM   #160
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Thinking of adding to our ABT position. (Re: Covid 15 min tests)
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