Moved out of Stocks
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Moved out of Stocks

This is a discussion on Moved out of Stocks within the General Talk forums, part of the General Discussion category; Tuesday I moved all my funds into a stable money market account Now I know some of you think it is ok to just let ...

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Thread: Moved out of Stocks

  1. #1
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    Moved out of Stocks

    Tuesday I moved all my funds into a stable money market account

    Now I know some of you think it is ok to just let it ride... BUT by moving out I saved myself from losing around 7% (I did take a small hit by not doing it monday)

    As long as I get back in on the way up or heck even if I put it back in today.. I would be better off then if I left it there during the drop

    2 people investing, both have $1,000

    Joe has $1,000 in investments and the market starts to decline.. he moves to money market or withdraws it after a 1% loss - He has $990 - Market drops 14% he still has $990
    Fred has $1,000 in investments and the market starts down, he leaves it there.. market drops 14% he has $860

    Market goes up 5%
    Joe gets back in with $990
    Fred has $903

    market goes back up another 5%
    Joe has $1,039.5
    Fred has $948.15
    --------------------------------------

    it is easy to see (MHO) that the market is going to keep going down for a while.... why take the ride down with it
    NotTooProudToHide likes this.
    Be a Berean

  2. #2
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    Makes me feel good that I set mine up to include bonds instead of just all stock
    Maine-Marine likes this.
    Sic Vis Pacem Para Bellum

  3. #3
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    Quote Originally Posted by NotTooProudToHide View Post
    Makes me feel good that I set mine up to include bonds instead of just all stock
    mine were are all in mutual funds - which equals stocks

    I am going to have to see if bonds is an option..
    Be a Berean

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  5. #4
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    I just bought some Put options on the VIX (Volatility Index) today. At one point today it was trading at over $49 per share! I had never seen it that high. So I bought some November Puts when it was around $46 and placed a GTC sell order on them for $1 more than I paid. It seems like a brain dead certainty that at some time between now and next November the price is going to drop below about $44.
    rest in peace Corporal Bradley Coy 06/08/92-10/24/14

    Rest in Peace Sgt Mackie. 10/19/19

  6. #5
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    I buying selected funds.
    New life as a house husband, major shift in duties.

    Karl Marx said, "Destroy their culture, rewrite their history. Ruin their art and literature, and defame their heroes, by offering fabrications to scandalize that which they considered good.
    After reading this Obama said I am on it.

  7. #6
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    My biggest investment is in salvation by the Lord, Jesus Christ.

    Beyond that, . . . real estate, guns, a handful of coins, . . . and a one man leather business.

    Market volatility to me means there are fewer parking spaces at Kroger.

    May God bless,
    Dwight
    Inor, rice paddy daddy and Slippy like this.
    If you can breathe, . . . thank God.

    If you can read, . . . thank a teacher.

    If you are reading this in English, . . . thank a veteran.

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  8. #7
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    Quote Originally Posted by dwight55 View Post
    Market volatility to me means there are fewer parking spaces at Kroger.

    May God bless,
    Dwight
    It is a game, like Blackjack, played by math dorks like me for fun. But unlike Blackjack where even if you are smart, you are going to lose against the house 51% of the time, with stocks (and options), if you do your homework, you can win 51% of the time. Still, it is game of chance so never bet more than you can afford to lose.
    dwight55 likes this.
    rest in peace Corporal Bradley Coy 06/08/92-10/24/14

    Rest in Peace Sgt Mackie. 10/19/19

  9. #8
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    I learned my lesson in 2008. No more stocks. Real estate is where I am now.
    Aut Pax Aut Bellum.
    NRA Life Member
    "America is at that awkward stage. It's to late to work within the system, but too early to shoot the bastards" Claire Wolfe

  10. #9
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    Stocks have been doing well lately. Might be a good time to move it to another asset. Who knows

  11. #10
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    Several of my stocks hit a yearly low, so I purchased more, bringing down my initial buy in price.....call me crazy......buy low sell high.....
    Smitty901 and dwight55 like this.

 

 
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