Current market levels and your 401k
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ismith
Well-known member
I think we have some pretty severe turbulence headed our way.
noharleyyet
Well-known member
Yes.....to both
..as the printing press churns thin air money to keep votes purchased.
..as the printing press churns thin air money to keep votes purchased.
D
Deleted member 18333
Guest
Never. Just moving things around a little.
Same here, never pull it out and take a penalty but move from stocks to money market or bonds
D
Deleted member 18333
Guest
There are always a few winners out there. Hard part is betting on the right horse.
Nemont
Well-known member
You can always play defense unless you are only in a 401K plan or other restrictive retirement vehicle.
Place sell orders that guarantees your profits, if you want to have a margin account and are astute and understand short sells you can start shorting stocks as well to make money on a correction.
Lots of defense to play and money can be made on both sides of the market.
Nemont
Place sell orders that guarantees your profits, if you want to have a margin account and are astute and understand short sells you can start shorting stocks as well to make money on a correction.
Lots of defense to play and money can be made on both sides of the market.
Nemont
putm2sleep
New member
I was wondering what to do actually, and re-thinking options yesterday, as a matter of fact. Was not planning to duck out of the market, but I do fear what is/might be coming? I think I need to hire you Nemont!
yea...what he said. That being said, what are your plans?
I dont usually follow trends but looking at the 5 year chart plus a market at a peak reeks of fail. You have a good bond that looks good? Corporate u am talking
Nemont
Well-known member
I am looking at gold and silver tanking and waiting for more froth to shake out of that market. I view that as a good thing. I view gold and silver as just another currency play and not as an investment per se. One interesting thing about the fall of gold in this past two weeks is that it almost all is a result of teeny tiny Cyprus saying that it will sell it's gold reserve to finance it's debt deal with the EU. Seems weird that a country that small could even have that much gold to so greatly affect the market. Makes me distrust gold bugs.
I am not bailing on the stock market because I don't really know where else to go that I am excited about. If I can find a good piece of land I would buy that because I do think that is where you protect yourself from all the money printing especially when they are giving money away for free at the bank right now.
I won't recommend any ETF's because I am not a licensed investment advisor but there are lots of ETF's out their to do almost anything you want to do.
So my plans right now is that I have figured out about a 10% loss off current market prices as my sell orders, I review this at least every other day to see if I should adjust my sell orders to lock in more gain. Reason for that is I am okay and still ahead at that price point on most of my stocks but it takes me out of some the risk of stocks dipping below my sell order than rising again right away. I am currently trying to find a hedge against a major market correction. Looking at the growing short positions in the U.S. dollar and the money printing the bank of Japan is embarking on I am just not sure what would be a hedge. Maybe oil?
Nemont
I am not bailing on the stock market because I don't really know where else to go that I am excited about. If I can find a good piece of land I would buy that because I do think that is where you protect yourself from all the money printing especially when they are giving money away for free at the bank right now.
I won't recommend any ETF's because I am not a licensed investment advisor but there are lots of ETF's out their to do almost anything you want to do.
So my plans right now is that I have figured out about a 10% loss off current market prices as my sell orders, I review this at least every other day to see if I should adjust my sell orders to lock in more gain. Reason for that is I am okay and still ahead at that price point on most of my stocks but it takes me out of some the risk of stocks dipping below my sell order than rising again right away. I am currently trying to find a hedge against a major market correction. Looking at the growing short positions in the U.S. dollar and the money printing the bank of Japan is embarking on I am just not sure what would be a hedge. Maybe oil?
Nemont
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pointingdogsrule
Well-known member
Staying where I am at a deversified.
good luck to all
the dog
good luck to all
the dog
Oil, yes. As much as I don't like to feed them for the spill, I bought a lot of BP stocks. I look at it as a long term investment. No big oil is going under, and BP is still a buy IMO. That is the only stock I hold at this time, the rest was parked in a money market within my 401K a week ago and will stay there until my predicted adjustment happens. The only reason I see for the market at this level is the fed with it's stupid low interest rates, and the money printing. When the interest rates don't get results what next?
The sad part of these low rates is that the retired have no safe place to earn a decent rate. I remember a time that old folks bought CD's and could make 10% !!!
The sad part of these low rates is that the retired have no safe place to earn a decent rate. I remember a time that old folks bought CD's and could make 10% !!!
webejmn
New member
Think I'll just keep investing in myself. If it all goes to hell all that paper and minerals won't mean a damn thing. The man who will lose the most has the most. The man who won't lose has nothing to lose. KISS, keep it simple stupid!
passinthru
Active member
Any new funds are being parked in cash equivalents, until I see a mispriced bet.
Timing is very difficult to impossible to accomplish long term.
Invest in companies that you have researched, researched, and researched. Ones that you know the financials and annual reports well. Then hold them and watch them go up.
Invest in the businesses, not pieces of paper that gyrate with the emotions of people being told what to do by the "experts". It is fun to look back and see the predictions of these "experts" six months, a year, or more ago. Most people would be better of in a low cost ETF. The "experts" make a lot of money by people getting in and out and charging for that service. It doesn't matter if the market goes up or down, they are paid when you move money in either direction.
If you want to be active, you don't have to know very many businesses to invest in. But, it's not as sexy as hopping around. I made a lot of money in the '90s doing that, then lost it. I work hard for my money, so I wanted know why what my financial guy was telling me didn't work. This lead me to Ben Graham, Buffett and Munger.Since focusing and managing my own funds in very few businesses, it has been very good.
On a side note I see Charlie Munger just donated $110 million to the University of Michigan. He has been practicing focus investment for many decades.
Timing is very difficult to impossible to accomplish long term.
Invest in companies that you have researched, researched, and researched. Ones that you know the financials and annual reports well. Then hold them and watch them go up.
Invest in the businesses, not pieces of paper that gyrate with the emotions of people being told what to do by the "experts". It is fun to look back and see the predictions of these "experts" six months, a year, or more ago. Most people would be better of in a low cost ETF. The "experts" make a lot of money by people getting in and out and charging for that service. It doesn't matter if the market goes up or down, they are paid when you move money in either direction.
If you want to be active, you don't have to know very many businesses to invest in. But, it's not as sexy as hopping around. I made a lot of money in the '90s doing that, then lost it. I work hard for my money, so I wanted know why what my financial guy was telling me didn't work. This lead me to Ben Graham, Buffett and Munger.Since focusing and managing my own funds in very few businesses, it has been very good.
On a side note I see Charlie Munger just donated $110 million to the University of Michigan. He has been practicing focus investment for many decades.
idnative1948
Well-known member
As far as our 401Ks, we have done really well considering, but yes, things are kind of volatile right now. We have relied on our planner for 15 years to keep us afloat. She manages both of ours and where my wife wife has the largest chunk she is more conservative with hers than mine. I also provide her with the info from my work 401k and she is continually having me re-balance my portfolio. Sure, we are paying for the research they are able to do because we don't have to time nor desire to do it ourselves. Knock on wood.........
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