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Old 04-27-2019, 08:02 AM   #21
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Bear markets is when I buy more when others think the sky is falling. Made quite a profit in the last few months to increase my net worth.
Our end of year rebalancing worked out quite well. I had so much needed to reinvest in stocks that I started the process a week early. Retirement fund up over 10% YTD after withdrawals.
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Old 04-30-2019, 10:12 AM   #22
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well, I just sold 28 of my 30 stocks this morning and my last working day is July 5th, 2019 ! I sold 28 stocks just to lock in the gains and not wanting to deal with 30 individual stocks anymore. This $$$ will go into just 3 fund portfolio with Fidelity.
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Old 04-30-2019, 10:39 AM   #23
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I no longer try to make prophecies about the market, or if I do, I don't let my financial situation in retirement depend upon them.

I have a conservative AA, mostly consisting of broad index mutual funds in Boglehead-ish style (plus 30% Wellesley because I just have always loved Wellesley). I don't buy or sell during the year. During the first week in January, I rebalance. It's not the first week in January, last I checked.

We all know that the market goes up and down always, like a roller coaster. Trying to predict these short term movements is not profitable for small investors AFAIK. But profiting overall from investing over decades seems to be much easier to do.

Today my combined investments and bank accounts total the highest they have ever been in my entire life. The total keeps going up and up and up and up. So, I am pretty happy about that. I know that what goes up must come down at some point but I will be fine.
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Old 04-30-2019, 01:04 PM   #24
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[W****]
Aaargh! Now I have to sell everything!

OP:

The Patriots won the Super Bowl this year, and they're in the AFC. Hemlines are going up. Butter production in Bangladesh is down. So the answer to your question is definitely maybe.
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Old 04-30-2019, 02:05 PM   #25
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Sell the stock market in May and go away? Not so fast, say experts

https://www.marketwatch.com/story/se..._theo_homepage

"“Sell in May and go away,” — a widely followed axiom, based on the average historical underperformance of stock markets in the six months starting from May to the end of October, compared against returns in the November-to-April stretch — on average has held true, but it’s had a spotty record over the past several years."
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Old 04-30-2019, 03:09 PM   #26
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I no longer try to make prophecies about the market, or if I do, I don't let my financial situation in retirement depend upon them.

I have a conservative AA, mostly consisting of broad index mutual funds in Boglehead-ish style (plus 30% Wellesley because I just have always loved Wellesley). I don't buy or sell during the year. During the first week in January, I rebalance. It's not the first week in January, last I checked.

We all know that the market goes up and down always, like a roller coaster. Trying to predict these short term movements is not profitable for small investors AFAIK. But profiting overall from investing over decades seems to be much easier to do.

Today my combined investments and bank accounts total the highest they have ever been in my entire life. The total keeps going up and up and up and up. So, I am pretty happy about that. I know that what goes up must come down at some point but I will be fine.
OMG!
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Old 04-30-2019, 03:51 PM   #27
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Today my combined investments and bank accounts total the highest they have ever been in my entire life. The total keeps going up and up and up and up. So, I am pretty happy about that. I know that what goes up must come down at some point but I will be fine.
Is this new high because you are spending less than taking in (income through SS, pensions, etc), or is it because your portfolio has the magic sauce? Or is it a combination of both?
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Old 04-30-2019, 05:10 PM   #28
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Today my combined investments and bank accounts total the highest they have ever been in my entire life.
That was true for me yesterday, also!
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Old 04-30-2019, 05:22 PM   #29
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That was true for me yesterday, also!
Not me, I paid for a wedding last year.
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Old 04-30-2019, 05:35 PM   #30
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That was true for me yesterday, also!
True here as well. Flying high on tech!
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Old 04-30-2019, 05:36 PM   #31
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Aaargh! Now I have to sell everything!

OP:

The Patriots won the Super Bowl this year, and they're in the AFC. Hemlines are going up. Butter production in Bangladesh is down. So the answer to your question is definitely maybe.
LOL! With ultimate doubtable uncertainty?
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Old 04-30-2019, 05:39 PM   #32
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Maybe this will help.
Whee.png
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Old 04-30-2019, 05:44 PM   #33
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Is this new high because you are spending less than taking in (income through SS, pensions, etc), or is it because your portfolio has the magic sauce? Or is it a combination of both?
I suspect she's talking about her portfolio being at new highs.
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Old 04-30-2019, 08:35 PM   #34
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Is this new high because you are spending less than taking in (income through SS, pensions, etc), or is it because your portfolio has the magic sauce? Or is it a combination of both?
Perhaps the former. I am used to spending a certain amount, and my recently increased SS (plus my mini-pension) very nearly covers it all. Last year I only spent 0.6% of my portfolio, not due to virtue but due to lack of imagination about what to spend it on.

Also, I think I heard that the Dow is at a record high level lately....

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I suspect she's talking about her portfolio being at new highs.
Yes, exactly. With the market surging upwards, and my spending not keeping pace, my total (portfolio+bank accounts) is the highest ever. It's not due to any great investing acumen since I invest fairly conventionally, in broad index funds plus Wellesley.

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That was true for me yesterday, also!
Congratulations!
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Old 05-05-2019, 08:34 PM   #35
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Maybe this May it's "sell during first three days". Premarkets currently down about 2%.
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Old 05-05-2019, 08:49 PM   #36
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Maybe this May it's "sell during first three days". Premarkets currently down about 2%.
Nice. A buy opportunity.
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Old 05-06-2019, 05:34 AM   #37
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Maybe this May it's "sell during first three days". Premarkets currently down about 2%.
Trade Wars redux. Get ready for a bumpy ride.
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Old 05-11-2019, 11:54 AM   #38
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With the recent market historic highs, I considered reducing my equity position but I did not. The market just finished a rough eeek and down a bit with the uncertainty with China situation but most indicators point to a strong economy.
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Old 05-11-2019, 06:37 PM   #39
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one might reflect on the style of market participant , who would have initially offered the ' sell in May ' concept

one might suspect a TAX-paying investor ( probably a professional investor and/or trader )

i have seen some data suggesting the market doesn't automatically decline post May , but any movements in the period are not worth the risk/effort/costs

so a taking of existing profits to pay tax obligations and have some cash to fund a reasonable lifestyle until mid September ( and the brain a rest ) might be long term efficient .

now investors playing a long-term accumulative style MIGHT find tax-selling a potential opportunity ( so the mantra still has some importance just a different action )

my hoped for sales planned in this period are more a reflection of my disappointment in the director's choices in business operation ( and not because of one-off choices )

i am not as optimist as Buffet on his theory that a great business can withstand the effect of ' idiot management ' ( ESPECIALLY when the poor management teams aren't replaced quickly ).
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Old 05-11-2019, 06:55 PM   #40
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Buy back in October and hope you’re sober?
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