I moved Into mostly cash and bonds today. Will buy back into stocks when we dip down to sub 2900 SP
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Pretty aggressive move. S&P is only 7% above that entry point. I hate bonds so bad that I would rather be in cash or just ride the equity roller coaster. Bonds have too much risk and absolutely no upside in my opinion.
Pretty aggressive move. S&P is only 7% above that entry point. I hate bonds so bad that I would rather be in cash or just ride the equity roller coaster. Bonds have too much risk and absolutely no upside in my opinion.
I should of clarified, a bond index fund in my 401k for stability. I think we dip some more before we return to 3400 SP and 29k Dow, then I’ll move back into stock funds.We will see, maybe we won’t but I recovered all my COVID loss and then some so far.
Can’t complain about the rebound so far, but not all stocks have bounced like others. Still short of where it was but still put in monthly even during the downturn. Hoping it still goes up more.
Ha. I told my dad that I thought Penn National Gaming was a good buy when it was under $5......I fooled around and didn't do anything and didn't buy any. Here we are 2.5 months later and it is $32+ share. Would have, should have, could have.......didn't! Oh well. I am no worse off than when I started but it would be nice to have an extra $50-60K in the bank.
Hoping oil continue to trends upward and the stock market continues to do its thing. If we can get over $40 for any length of time, I think people will start getting a little more active!
I went pretty heavy, at least for me, on Cracker Barrel and Royal Caribbean in early April. Both are looking great so far. Old people are ready to get back to eating out and cruising.[emoji6][emoji23][emoji23][emoji23]
I went pretty heavy, at least for me, on Cracker Barrel and Royal Caribbean in early April. Both are looking great so far. Old people are ready to get back to eating out and cruising.[emoji6][emoji23][emoji23][emoji23]
Dow up 675 points 5 minutes into trading. Payroll numbers were a surprise and the market liked them.... Interested to see if the positivity holds throughout the day. Friday's can be fickle.
man for once in my life, i timed this one perfect. In january i sensed the covid thing would cause themarket to crash, so i transferred my funds that followed the S&P 500 to a more secure stable fund. When the dow hit 23,500 i transferred it back and man i'm loving live right now.
I had about 80k in that fund at the time so i'm getting some really nice growth right now... hope it does go back up to the 29000 range!
AAL up 100% in the last 2 days. RCL up 50% this week. HAL is up 110% in the last month. Sure wish I would have bought some of those a month ago. Oh wait.....I did. Turned my $1200 stimulus into $2000 in less than a month.
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