Locked in some gains

[RobbieB]

I've said all I'm going to say. The 100 large is in my checking account and I sold high just like you're supposed to do!

 

[2177V]

Not a lot of context provided. Without knowing how much 100 grand is compared to your total portfolio, you aren't saying much.

I also reallocated 100+ grand from VWENX (Wellington Balance Fund) to Treasuries due to the Coronavirus. I am now 16% Stock, 8% Bonds, 76% treasuries. Market is about fear versus greed. Investors can't control human emotions but they can control their portfolio when fear is higher than greed. If the market crash 50%, then my portfolio should lose less than 8%. The 8% potential loss is within my comfort zone. Also, remember that treasuries are the only asset class that rises because of the flight to safety. Naturally when fear diminishes and greed returns, I can always re-allocate.

Good luck everyone to a possible recession that may be triggered by the Coronavirus and to people who are still in the greed mode. Coronavirus is beginning to look more and more like a black swan effect on the stock market.

 

[RobbieB]

Yup, 3283 today, a new low.

 

[2177V]

Yup, 3283 today, a new low.

Perfect timing for me...since it takes a few days to execute my order. LOL

 

[2177V]

I've said all I'm going to say. The 100 large is in my checking account and I sold high just like you're supposed to do!

Robbie.....Good for you. I also exchanged 100 plus large but I like treasuriies because treasuries are the only asset class that rises in value during a bear market. Click the following link to understand this:

https://obliviousinvestor.com/what-happens-to-bonds-in-a-stock-market-crash/

I humbly suggest doing some research on VFIUX (Intermediate treasury bonds) per below link. The performance of VFIUX during the last crash in 2007 was 10.15% and 2008 was 13.39%. This occurs due to the flight to safety as explained in the following links:

https://www.thebalance.com/what-is-the-flight-to-quality-416873

https://investor.vanguard.com/mutual-funds/profile/performance/vfiux/cumulative-returns

People think I am crazy to have a portfolio with 75% treasuries. I let them think that way. I like the idea of "safety" in treasuries and making money during a bear market at the same time. However, if you want to go into bank CDs that that carries even less risk then I am OK with that since everybody's risk tolerance is different.

 

[Brat]

I added $1,000 to grandchildren's 529 today and will wait a couple of weeks for this market to continue on down to add more.