Yeah the losses on a traditional 60/40 have to be unprecedented as equities and treasuries move in tandem. My test income portfolio I had put together as a test idea for my wife’s money has significant losses for an income portfolio. Glad I just tested the water with that crappy idea. Corporate Junk bonds, reits, and treasuries.
Lucky man! I would rather wrestle with a grizzly bear naked, than tell my wife to invest in something that ends up losing money.
The worry is how far is it gonna go down and then how long to get back to even 63. The downhill slide is not even close to being over.
Sure, maybe the sale get better, SWEET! The lower is goes the more excited I'll get!
Go low fee but diversified bucket of stocks. VTI or VOO. Put in 1/12 each of the next 12 months. Or, can gamble on a single stock or option. BND, low fee diversified bucket of bonds, is not on my radar but might work for your spouse. Markets go up, go down, go sideways. At the end of the day, money will get deployed into assets and looking back decades for patterns shows that diversified assets tend to provide a nice return in a 10 year window and certainly in a 20 year window.
No kidding.
Today was an up day for some. Did you buy today Tony, or just stop in to grumble?
www.marketwatch.com
My ROTH IRA picked some up in $59's this morning.
So are you hoping Russia gets it way at the OPEC meeting and there is a production cut?
No. Just think oil and gas will continue to be a necessary and needed product in the USA, and good producers will profit from it. My Traditional IRA felt left out and wanted some DVN shares as well this AM. Good buy so far. How about you 99? What looks good to you today?
Dropping knives & cash gloves....a quandary SAJ
NKE seems overdone. They will work through that inventory with by EOY. China is China. But if NKE is having these problems The rest of retail is going to get kicked in the teeth. There are a lot of names that look cheap, off 40-50% from highs. You take out the 10 largest names in the S&P, the other 490 are at a P/E of 14. If your time frame is 10yrs, you will be fine. But as Louis Winthrop III said in Trading Places, "Not Yet. Almost".
Finally something in this thread that I know what the #*^@#* someone is talking about.
