Not loving the up and up of the markets

[Dash man]

This post is not directed at anyone in particular, but I post it now and then in the hopes that someone might find it helpful. I have been on this forum for over ten years, and my observations are that just about all members get annoyed with another member at some time or other. It's human nature and it is not a poor reflection on anybody, IMO.

For the convenience of any of our much valued members who become annoyed with another member, here are directions for using our handy-dandy "ignore" feature. Here's how it works:

1) Click on "User CP" in the horizontal bar above.
2) On the left, under "Settings and Options", click on "Edit Ignore List".
3) In the box that says "Add a member to your list", type the name of the member you wish to ignore.
4) Hit the "OKAY" button.

That's all that is required. Now you will not see posts by the person you ignored.

Wow, and I thought we were just having a discussion and sharing of ideas. People are too sensitive!

 

[easysurfer]

This post is not directed at anyone in particular, but I post it now and then in the hopes that someone might find it helpful. I have been on this forum for over ten years, and my observations are that just about all members get annoyed with another member at some time or other. It's human nature and it is not a poor reflection on anybody, IMO.

For the convenience of any of our much valued members who become annoyed with another member, here are directions for using our handy-dandy "ignore" feature. Here's how it works:

1) Click on "User CP" in the horizontal bar above.
2) On the left, under "Settings and Options", click on "Edit Ignore List".
3) In the box that says "Add a member to your list", type the name of the member you wish to ignore.
4) Hit the "OKAY" button.

That's all that is required. Now you will not see posts by the person you ignored.

Thanks for the tip.

I haven't used the feature too often, but have to occasionally. Instead of going to my "User CP", I just click on the person's name on the post, that brings down a drop down and I click add that user to my ignore list.

I've also added some threads to ignore too. Again, not often but on occasion.

Sometimes, we just gotta close the window when the noise gets too loud .

 

[W2R]

Still enjoying the up and down of markets, particularly the up!

The sum of my investment portfolio plus bank accounts is at its absolute highest for 2016-2017 (approaching its all time high before I bought my dream home.)

And this despite some unusual spending, two dental implants and a new computer and router in the past month! Wheee!!!! This is such fun.

 

[Lawrencewendall]

Have cash in an IRA waiting for this madness to be over. Market keeps setting its 52 week high. Come on 30% pullback!

 

[SecondCor521]

Wheee!!!!

Darn it. Well, let's see, where is that "Sell" button...?

 

[easysurfer]

There goes the "Wheee!!!!"

We are doomed!

 

[Coolius]

Wheee!!!! This is such fun.

Yep, that's the signal all right.

Sold all Mutual Funds in HSA, now fully in cash.........

 

[Fedup]

My account is at an all time high, I'm happy if it stays the same. I moved some to cash waiting for the Whee sound.

 

[jollystomper]

OK folks, you know the rule... if you want the market to go up, sell some of your investments. If you want it to go down, invest a good amount of cash. At least, that is how it works for me...

 

[Fedup]

That's true, it will take off now that I sold some.

 

[Major Tom]

I'm all set to pass a significant milestone in the taxable portion of my portfolio today. Probably at least a few years away from passing a big milestone with the entire portfolio, so am happy to celebrate the smaller victories.

These upwards movements in the markets are good, as I've been trying to justify a one-time hobby expenditure above and beyond my normal spending. It's only around 0.2% of my entire portfolio (at most), but I hate going outside the limits I've set for myself. I'm scared that if I do it this one time, I'll do it again, then again, and before I know it, I'll be eating cold beans out of a can and living in a tent. It's the whole slippery slope fear

 

[Fedup]

That's used to be my husband's favorite food. Beans on toast.

 

[NW-Bound]

The May covered call options I wrote earlier as hedges are now in-the-money. I will be forced to sell some of the shares, and that will reduce my AA in the hot sectors.

I am now somewhat regretful that I will lose some of these hot stocks/ETFs. Such is life. Fear turns into greed in a matter of a few days.

 

[Major Tom]

That's used to be my husband's favorite food. Beans on toast.

I still have it occasionally, for old time's sake. It reminds me of old Blighty. A great midday snack.

 

[DrRoy]

Have cash in an IRA waiting for this madness to be over. Market keeps setting its 52 week high. Come on 30% pullback!

There has not been a 30% pullback in a major market index for 8 years. The S&P 500 is up over 300% since then. Just sayin'.

 

[Fedup]

The May covered call options I wrote earlier as hedges are now in-the-money. I will be forced to sell some of the shares, and that will reduce my AA in the hot sectors.

I am now somewhat regretful that I will lose some of these hot stocks/ETFs. Such is life. Fear turns into greed in a matter of a few days.

Don't feel bad. I did let go of some of my IWN and it went up and up afterwards. But at least I made money. I always feels good if I didn't lose. I've been chasing this Trump trade since day one.

 

[NW-Bound]

Just joking. I am not really feeling bad, as I still have plenty of these hot stocks, never writing covered calls on them all. Actually, been wondering if I should keep on selling some calls on the ones I still have left.

And then, these options still have a month to run. Quite frequently, the stocks turn around and drop such that these options expired worthless and I still have my stocks. That happened with some April options on EM that just expired.

 

[audreyh1]

Still enjoying the up and down of markets, particularly the up!

The sum of my investment portfolio plus bank accounts is at its absolute highest for 2016-2017 (approaching its all time high before I bought my dream home.)

And this despite some unusual spending, two dental implants and a new computer and router in the past month! Wheee!!!! This is such fun.

Gosh darn it! Yesterday, I came within $2000 of my all time high in my retirement portfolio, and that's even after 3 years of annual withdrawals!

Oh well.......

 

[ejman]

Still enjoying the up and down of markets, particularly the up!

The sum of my investment portfolio plus bank accounts is at its absolute highest for 2016-2017 (approaching its all time high before I bought my dream home.)

And this despite some unusual spending, two dental implants and a new computer and router in the past month! Wheee!!!! This is such fun.

Oh Dear! Now you done it! . Trouble is, I'm still just a wee bit short of my 55% equities rebalance upper bumper. What to do? One of the "problems" I've found since I moved a lot of my investments into balanced funds like Wellesley and Target Retirement that automatically rebalance is that it takes really extreme swings to get to my band limits that would trigger a manual rebalance for my other funds.

 

[W2R]

Gosh darn it! Yesterday, I came within $2000 of my all time high in my retirement portfolio, and that's even after 3 years of annual withdrawals!

Oh well.......

And today my portfolio + bank accounts went up another $3!!! Although that is not much, still it is enough to have set yet another "post-Dream-House" record high. What a thrill!



I am just hoping that tomorrow the market takes another vertical leap upwards into the stratosphere.

Go, Johnny go! (Go, Dow go?)

Sorry if it messes things up for those who want to buy, but it's money and that can be so nice for just about all of us! For those who want to buy, don't forget that "Sell in May and go away" time is nearly upon us.

 

[W2R]

Oh Dear! Now you done it! . Trouble is, I'm still just a wee bit short of my 55% equities rebalance upper bumper. What to do? One of the "problems" I've found since I moved a lot of my investments into balanced funds like Wellesley and Target Retirement that automatically rebalance is that it takes really extreme swings to get to my band limits that would trigger a manual rebalance for my other funds.

Even with 30% Wellesley, I hardly ever have to rebalance except annually, (right after I withdraw my year's spending money). Or, sometimes when the market gets really crazy.


Edited to add: Right now, instead of my desired AA of 45:55 (equities:fixed), I have 46:54. Too close to rebalance.

 

[audreyh1]

And today my portfolio + bank accounts went up another $3!!! Although that is not much, still it is enough to have set yet another "post-Dream-House" record high. What a thrill!



I am just hoping that tomorrow the market takes another vertical leap upwards into the stratosphere.

Go, Johnny go! (Go, Dow go?)

Sorry if it messes things up for those who want to buy, but it's money and that can be so nice for just about all of us! For those who want to buy, don't forget that "Sell in May and go away" time is nearly upon us.

Well - OK - today my portfolio went up, and it did beat out that three year old all time portfolio high. So at least you didn't jinx that new milestone for me today.

But - gosh - lookout below.......... I'm feeling rather vertiginous.

 

[ejman]

Even with 30% Wellesley, I hardly ever have to rebalance except annually, (right after I withdraw my year's spending money). Or, sometimes when the market gets really crazy.


Edited to add: Right now, instead of my desired AA of 45:55 (equities:fixed), I have 46:54. Too close to rebalance.

Mine is 53/47 currently - 55/45 rebalance trigger. I'm sure getting an itchy trigger finger though! (Particularly after your Wheee!)

 

[NW-Bound]

So, there's that official "Wh***"! That does it.

Tomorrow, I will step up the option selling. Besides, what do they say about selling in May?

PS. I missed that W2R also mentioned that May is upon us soon.

 

[Blue Collar Guy]

Don't worry. Stocks should be imploding in about a week. I recently came into a wad of cash which I am fixing to plow into the market. That usually does the trick.

hahahaha , too funny, i have the same luck