Anyone moving stocks to more conservative safe haven areas?

[BrianL]

Anyone else thinking about going back in today? If it stays down at end of trading day I'm thinking of moving back into my index funds. I moved a large chunk to short mm index funds at the same day I sold stocks in my broker account..... I'm setting at +12.2% increase in position if I move back today at current #s.

[SabineHunter]

Nope, not me, tanking ain't done.

[Gumbo Man]

I keep reading way to many reports of blood shed in the near future.

[captainsling]

It’s not a bottom yet.

[ctom87]

Originally Posted by Gumbo Man

I keep reading way to many reports of blood shed in the near future.

Don't the big crashes happen in September/October?

[TeamAmerica]

If want some yield with lower risk, take a look at BXSL. Equities will get hit first before the senior lenders. Floating rate loans should fare well in rising rate environment and currently paying 9% dividend.

[BrianL]

I went in. That end of day rally wasn't what I was hoping for, but still ended up 11.7%

[KyleDean]

My financial advisor called wanting to put me in IYW, CRM and add to my position in GRIM. He seems to think we’re at or near the bottom currently. Said if republicans take the house in November he expects 10% very quickly.

[captainsling]

Not sure I see that happening with the Dems buying votes and Supreme Court pissing off women. They have actually gained in the polls. I am worried about Beto getting a shot at being governor. Seeing a lot more Beto signs this year in yards than the last election.

[TeamAmerica]

Insider trading on the sell side hit a yearly high. Seems many thought August was a good time to get out rather than back in. Per wsj. Still reinvesting all my dividends but not buying anything big for now.

[gingib]

Originally Posted by TeamAmerica

Insider trading on the sell side hit a yearly high. Seems many thought August was a good time to get out rather than back in. Per wsj. Still reinvesting all my dividends but not buying anything big for now.

Interesting!!!!

[KyleDean]

I’m around 65% cash right now in my TD account. Sold quite a bit of oil stocks in June I bought in March and April of 19’. I personally think we will see a buying opportunity soon but my Edward Jones advisor seems to think we’re there.

[BrianL]

I took a risk buying maybe too much Lovesac (LOVE) yesterday. No cash left, and sold other stuff to buy even more. It got hammered after fairly SOLID earning report. It has rebounded pretty well today. I averaged yesterdays buys @ 26.59, but I already owned some at $30, that I though was a good price. Overall I'm, about $27/

[RiverRat1]

Originally Posted by KyleDean

I’m around 65% cash right now in my TD account. Sold quite a bit of oil stocks in June I bought in March and April of 19’. I personally think we will see a buying opportunity soon but my Edward Jones advisor seems to think we’re there.

LOL - Funny how all EJ advisors swear up and down you can never time the markets. I guess that only applies when you're sitting on cash and they are not making money off your money. Then they can time the bottom

Have him show you one time in history where markets didn't fall after rates went up this much. And the FED just flat out said they will keep raising rates.

The only way markets don't set new lows is if there's soooo much money out there waiting to buy they just don't drop that much. But if thats true inflation won't be slowing down either and FED will keep raising.

I'd love to hear a theory why the bottom is in though.

[BrianL]

Originally Posted by RiverRat1

LOL - Funny how all EJ advisors swear up and down you can never time the markets. I guess that only applies when you're sitting on cash and they are not making money off your money. Then they can time the bottom

Have him show you one time in history where markets didn't fall after rates went up this much. And the FED just flat out said they will keep raising rates.

The only way markets don't set new lows is if there's soooo much money out there waiting to buy they just don't drop that much. But if thats true inflation won't be slowing down either and FED will keep raising.

I'd love to hear a theory why the bottom is in though.

We have 8 trading days for people to get the warm fuzzes till Fed rattles their sabers on the 21st. GOOOOOOOO

[RiverRat1]

Originally Posted by BrianL

We have 8 trading days for people to get the warm fuzzes till Fed rattles their sabers on the 21st. GOOOOOOOO

I think inflation may be down.. CPI may come in 8.1 or so Markets may try to rally saying inflation has peaked. Even though that's pretty stupid.

But once the masses think it's going up and pile in they will tank it straight down again for what appears to be no reason.

Everything is backwards these days.

[Pedernal]

Anyone still riding the roller coaster?? I have been a yard bird and stayed clear…

[ThisLadyHunts]

Originally Posted by captainsling

Not sure I see that happening with the Dems buying votes and Supreme Court pissing off women. They have actually gained in the polls. I am worried about Beto getting a shot at being governor. Seeing a lot more Beto signs this year in yards than the last election.

I’ve noticed the same thing in my formerly ultra-conservative neighborhood. Has me somewhat concerned.

[dgilbert]

Hope yall moved some before today.

[SabineHunter]

100 percent cash cept some puts yesterday.

[captainsling]

Today was a blood bath.

[SabineHunter]

Originally Posted by captainsling

Today was a blood bath.

Not everyone. I've been warning people here for quite some time. For months, this has not been a good time to invest and it is getting more so each day. Wait until the Fed's meet next week. Go cash and buy puts, it's not too late.

[TeamAmerica]

Don't worry! Soft landing coming soon!

[Pedernal]

Soft landing like this??

[SabineHunter]

Originally Posted by Pedernal

Soft landing like this??

X2

[TX CHICKEN]

I have one piece of advice…if you are following this thread for investing advice then you are already in trouble… cracks me up every time I open this thread how many experts there are on here.

[Killer]

Wow dropped over 1200 points today. Over 5% drop on the Nasdaq rough!

[SabineHunter]

Originally Posted by TX CHICKEN

I have one piece of advice…if you are following this thread for investing advice then you are already in trouble… cracks me up every time I open this thread how many experts there are on here.

Hmmmm......I didn't see any advice. Got advice?

[RiverRat1]

Advice?

Either the markets are so rigged, stupid and unexplainable no one should "invest" in the first place or

They make enough sense and/or patterns that people should be able to see and show patterns.

Do financial advisors have bigger brains, more schooling or some smarts others don't have?

Simplify. Show me a time in past history where FED raises rates to fight inflation and the markets do not take a serious hit.

[Buckrider]

I’d consider looking into buying some stocks that are solid and pay decent dividends such as AT&T. Keep it long enough for the price to go up if you want to sell but you’ll make money while you wait for market to pick up.


Sure miss those days of being able to hunt a lease for a nominal cost that didn’t create greed and a feeling of despair if you didn’t kill something!

[TeamAmerica]

Mortgage rates > 6% for the national average. Where do they top out? I'm guessing 7.5 but who knows.

[gingib]

Originally Posted by TeamAmerica

Mortgage rates > 6% for the national average. Where do they top out? I'm guessing 7.5 but who knows.

Absolutely nuts!

Thought about a rent house, but not in this market with 7%+ interest rates with excellent credit

[captainsling]

Originally Posted by TeamAmerica

Mortgage rates > 6% for the national average. Where do they top out? I'm guessing 7.5 but who knows.

Maybe high 7 or 8 like the 80’s. Fed is not showing any plans to let up the rate hikes.

[RiverRat1]

We may find out who all is in far too much debt soon. People have been borrowing at stupid low rates for far too long. If in deep enough those CC bills are going to start hurting.

[rut-ro]

Originally Posted by RiverRat1

We may find out who all is in far too much debt soon. People have been borrowing at stupid low rates for far too long. If in deep enough those CC bills are going to start hurting.

I believe your right. too many people borrowed like crazy with low interest rates

[txbowman12]

Fed meeting coming up this week feels like a suckers bet. Everyone seems to think it's going to be a bloodbath, and it might be. But I wouldn't be surprised to see Powell stick with 75bps and soften the tone some. Depending on what the market does Monday I'll probably get some calls for the end of next week.

[BrianL]

Rates are just starting to normalize. Companies and the government got used to the corporate welfare of 0.150% interest. Our economy has survived from 0-18%. 0% isn't any more normal than 18%. Extremes rates either direction will cause issues in the economy. Fed hasn't even got above normal rates yet.

[boy wonder]

“The interest is up and the stock markets down, you’re gonna get mugged if you go downtown “

[Huntingfool]

Originally Posted by TeamAmerica

Mortgage rates > 6% for the national average. Where do they top out? I'm guessing 7.5 but who knows.

I remember when they got up to double digits - also remember after the debacle with savings and loans and banks and mortgage companies when everyone thought we would never see a fixed mortgage again - just adjustable - and this was back when the world seemed much more "normal" than now. There has always been crazy times with politics, wars, etc. but to me this time we live in right now is about as nuts as ever - proceed with caution

[TeamAmerica]

The other big thing to keep your eye on the rise of the dollar. Euro, pesos, and yen all down big %. This is almost a guaranty that the rest of the world goes into a recession. This makes their usd debt payments tougher and will slow US exports to those countries further pressuring corporate earnings.

[KyleDean]

Originally Posted by TX CHICKEN

I have one piece of advice…if you are following this thread for investing advice then you are already in trouble… cracks me up every time I open this thread how many experts there are on here.

There’s quite a few of us on here that have a higher percentage return than our financial advisors do with our managed accounts. Quite a few guys on here offer sound advice. Most firms don’t have enough risk tolerance for a few guys in here. I’m pretty sure sure we know this isn’t “ profession advice “.

[KyleDean]

RiverRat they must give the timing the market spill to them every month. Your quote is per batem what mine said.

[TeamAmerica]

Originally Posted by TeamAmerica

The other big thing to keep your eye on the rise of the dollar. Euro, pesos, and yen all down big %. This is almost a guaranty that the rest of the world goes into a recession. This makes their usd debt payments tougher and will slow US exports to those countries further pressuring corporate earnings.

See what is happening to the GB pound? Almost hit parity with the dollar. Raising rates in the US will crash several major economies. Not just ours. Lumber prices back to pre covid levels too. This won't end well.

[Pedernal]

More losses today; it’s keeping the hurt on full blast. Looks like all the gains from yesterday and a bit more will be taken back today.

Anyone know or have an idea why it’s so volatile? I know the economy is tanking so shouldn’t it be a more steady slide to the down side versus having all these crazy spikes??

[RiverRat1]

All the bashing on Sabinehunter and it looks like he was right again.
He needs to be unbanned before markets bottom so we all know when he buys back in.

The have to break the markets. It's a little complicated but they need to get rid of most traders.
Also we would never get inflation under control with the markets always rising to new highs. The only way to get them down and to stay down is to crush millions and make them give up on the markets. Just too much money waiting to buy.

Bear markets always take time. If they didn't everyone would jump back in on the crash and they'd shoot right back up.

I still say SPY goes under 300 before this is all over. Probably in early or mid 2023.

We have worldwide inflation issues now. We all may be screwed.

[TeamAmerica]

Today was interesting. Lots of volatility is the norm now. The UN is begging the US to stop raising rates. Will we listen?6 month treasuries are almost 4%.

[rtp]

Originally Posted by RiverRat1

All the bashing on Sabinehunter and it looks like he was right again.
He needs to be unbanned before markets bottom so we all know when he buys back in.

The have to break the markets. It's a little complicated but they need to get rid of most traders.
Also we would never get inflation under control with the markets always rising to new highs. The only way to get them down and to stay down is to crush millions and make them give up on the markets. Just too much money waiting to buy.

Bear markets always take time. If they didn't everyone would jump back in on the crash and they'd shoot right back up.

I still say SPY goes under 300 before this is all over. Probably in early or mid 2023.

We have worldwide inflation issues now. We all may be screwed.

You are giving him waaaaay too much credit. Only a small fraction of people are going to absolutely sell at the top and buy back in at the bottom. The numbers change significantly when you sell around the peak and buy back in near the bottom.

Each person’s portfolio is shaped different for different reasons. My portfolio is down a shade over 10% from its all time high. If I sold all my equities earlier this year I would have incurred a huge tax hit of 20% of all profits. Then I’m losing 8% annually due to inflation(we both know the number is higher than that) holding cash until I decide to wade back into the market over time.

SH is a blowhard and everyone can see it except you Tim. Love ya buddy but you are off on this guy.

And no he doesn’t need to be unbanned. He brought way more negativity than positivity to this site. Bring back JHill, that guy at least was entertaining.


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[jhunter77]

Help me a little on history. Last time something like this happened a world War broke out? Or has it happened since? Just wondering. Thanks

[RiverRat1]

Originally Posted by rtp

You are giving him waaaaay too much credit. Only a small fraction of people are going to absolutely sell at the top and buy back in at the bottom. The numbers change significantly when you sell around the peak and buy back in near the bottom.

Each person’s portfolio is shaped different for different reasons. My portfolio is down a shade over 10% from its all time high. If I sold all my equities earlier this year I would have incurred a huge tax hit of 20% of all profits. Then I’m losing 8% annually due to inflation(we both know the number is higher than that) holding cash until I decide to wade back into the market over time.

SH is a blowhard and everyone can see it except you Tim. Love ya buddy but you are off on this guy.

And no he doesn’t need to be unbanned. He brought way more negativity than positivity to this site. Bring back JHill, that guy at least was entertaining.
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I know he was a blowhard troublemaker. I just think he was correct on more things than anyone wants to give him credit for because of the way he posted. And I don't care how rude, obnoxious, or stupid a poster is, they shouldn't be banned for defending themselves against accusations with zero proof. Plenty of other threads where he spouted off in the past they could have banned him for..and probably in the near future LOL.

Free Jhill313 !! We need more talk about bigfoot.

[rtp]

Originally Posted by RiverRat1

I know he was a blowhard troublemaker. I just think he was correct on more things than anyone wants to give him credit for because of the way he posted. And I don't care how rude, obnoxious, or stupid a poster is, they shouldn't be banned for defending themselves against accusations with zero proof. Plenty of other threads where he spouted off in the past they could have banned him for..and probably in the near future LOL.

Free Jhill313 !! We need more talk about bigfoot.

I didn’t see any of what lead to his being banned. Regardless, it was long past due. I wonder if it was a permaban or just a suspension. I know I hope it was for good.

Bring back JHill.


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