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Wh... Wh.... Wh(eee!)... Party like it's 1929
Old 02-27-2012, 11:18 PM   #1
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Wh... Wh.... Wh(eee!)... Party like it's 1929

I am so thrilled - - my portfolio is at an all-time high and growing by leaps and bounds! This bull market seems invincible.

Time to sell, guys, getting close. Besides, May will be here before we know it. Meanwhile, party on...

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Old 02-27-2012, 11:29 PM   #2
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Oh well... I could use another buying opportunity anyways!
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Old 02-27-2012, 11:55 PM   #3
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Still waiting for Dow to close at 13000, howheeever.
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Old 02-28-2012, 12:21 AM   #4
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Oh lawdy, I'd better sell all my holdings and flee for the hills.

I was hoping you'd wait just a bit longer before saying the wh** word
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Old 02-28-2012, 03:17 AM   #5
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I guess I'd better postpone my retirement plans, the market will surely crater for another few years now. And I was so close...
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Old 02-28-2012, 05:29 AM   #6
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Originally Posted by W2R View Post
I am so thrilled - - my portfolio is at an all-time high and growing by leaps and bounds! This bull market seems invincible.

Time to sell, guys, getting close. Besides, May will be here before we know it. Meanwhile, party on...

Thanks for the heads up
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Old 02-28-2012, 06:12 AM   #7
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If it's not quite time to sell, I think it's at least time to start taking a few profits.
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Old 02-28-2012, 06:53 AM   #8
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Gee W2R, wouldn't you like to see your portfolio get a little higher before stopping the run?

I should add that I am very close to hitting my rebalance target. I was hoping to get that done before a certain "Wh..." was heard around the world!

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Old 02-28-2012, 07:05 AM   #9
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And I thought W2R was censored from saying Wh......
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Old 02-28-2012, 07:17 AM   #10
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If it's not quite time to sell, I think it's at least time to start taking a few profits.
Yes.

I/DW did so to add a bit of cash to our respective cash buckets.

Harvest your "crops" during good times; let them in the field (invested) during bad.

BTW, our method would not necessarily apply for those still in the accumulation stage.
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Old 02-28-2012, 07:57 AM   #11
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What is the reference to May?
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Old 02-28-2012, 08:06 AM   #12
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What is the reference to May?
Old investing adage:
"Sell in May and go away."

Meaning that it's sometimes better to sit out the summer and buy again in the fall. Doesn't seem to be as good a rule of thumb as it may have been in the past.
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Old 02-28-2012, 08:07 AM   #13
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Stick to the plan.
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Old 02-28-2012, 08:17 AM   #14
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Oh, good. Spouse said a recession was predicted by the end of the year--but didn't say by whom.
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Old 02-28-2012, 08:37 AM   #15
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Another good call W2R. I think you should take over Bob Brinker show on the radio I would buy your "newsletter". He gets around $200 each for it just imagine what that would do for your retirement.
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Old 02-28-2012, 08:43 AM   #16
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Oh, good. Spouse said a recession was predicted by the end of the year--but didn't say by whom.
I say depression. By August. Followed by the end of the world. To be announced.
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Old 02-28-2012, 08:45 AM   #17
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By the way, I am buying. (So I am bipolar!)
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Old 02-28-2012, 08:59 AM   #18
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...So I am bipolar! ...
If you bought POLAR a year ago you would be up 29%
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Old 02-28-2012, 09:07 AM   #19
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No dividends, Alan. I would be happier with a Polar beer.
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Old 02-28-2012, 09:51 AM   #20
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And I thought W2R was censored from saying Wh......


We should all click the "report post" button whenever W2R gets giddy like this!
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