Anyone moving to cash?

[Chocaholic]

With the S&P setting new highs and the Dow well north of 26k, we have a possible skirmish with Iran on the radar...over the last few days I’ve been moving some shekels out of stocks and into money market (cash).

Anyone else getting jitters or are things still rosy on the horizon? I think I know what Tabs will say...

[GH85Carrera]

Na, just buy silver, gold and diamonds.

No, I have not changed a thing.

One of my friends seems to listen to a Tabs like "guru" and he buys US silver coins, quarters and 1/2 dollar silver coins. That will be to purchase day to day stuff. Gold for buying guns and ammo. He has a lot of ammo already.

To each his own.

He is a total prepper however.

[flatbutt]

No, BTDT

[pwd72s]

Originally Posted by Chocaholic

With the S&P setting new highs and the Dow well north of 26k, we have a possible skirmish with Iran on the radar...over the last few days I’ve been moving some shekels out of stocks and into money market (cash).

Anyone else getting jitters or are things still rosy on the horizon? I think I know what Tabs will say...

Your age is a big factor in this. At 30, one can ride out a long downturn...at 70, not so much.

How long does a downturn last? Not long if you don't need the money. Too long if you do.

[GH85Carrera]

Originally Posted by pwd72s

Your age is a big factor in this. At 30, one can ride out a long downturn...at 70, not so much.

How long does a downturn last? Not long if you don't need the money. Too long if you do.

Yep, much like the true definition of "just a sec" is wildly different depending on what side of the bathroom door you are on.

[Seahawk]

I stopped at WAWA and took out a few hundies this morning

I do not actively move assets any more - I have a portfolio that matches well with my age and financial desires. wife as well, and covers risks well.

My opinions on Iran, the Fed and Trump would move this thread to PARF on a California High Speed Rail.

[island911]

Originally Posted by Seahawk

...

My opinions on Iran, the Fed and Trump would move this thread to PARF on a California High Speed Rail.

so... over budget and stalled?

[biosurfer1]

Nope, dividend growth investing allows me to ignore prices

[Cajundaddy]

Originally Posted by Chocaholic

With the S&P setting new highs and the Dow well north of 26k, we have a possible skirmish with Iran on the radar...over the last few days I’ve been moving some shekels out of stocks and into money market (cash).

Anyone else getting jitters or are things still rosy on the horizon? I think I know what Tabs will say...

Good move or bad move it all depends on your personal timeline, risk tolerance, and goals. If you have a LOT in stocks right now and only a little cash, have a short timeline where you might need cash, taking some off the top may be useful. Having 10%-20% in cash reduces short term risk but also misses some of the upside if things move quickly which they often do.

One thing is certain. Never ever move completely out of stock based on fear of imminent downturn. Emotional market timing is a great way to make a small fortune... out of a larger one.

[Chocaholic]

Originally Posted by pwd72s

Your age is a big factor in this. At 30, one can ride out a long downturn...at 70, not so much.

How long does a downturn last? Not long if you don't need the money. Too long if you do.

60...with retirement a few years off, elderly parents that may become a $ drain, 2 in college still, etc., seeing markets this high, a possible military action, election cycle starting up, I’m just not sure if Janus fund managers are as cautious as I am. Hedging a bit but struggling to feel confident that the ascent will continue unabated.

A California high speed train...good one!

[mgatepi]

The time to get out will be late summer next year...only if the Dem candidate is leading.....

[john70t]

In RE:
If the economy dives again it's a good time to get a small loan, which will require a bank appraisal, which will lead to an impartial 3rd party valuation, which will be legal grounds to contest property taxes.

Also a good time to purchase investment property in stable areas after the market has marinaded and the herds are in a panic.

[tabs]

Originally Posted by Chocaholic

With the S&P setting new highs and the Dow well north of 26k, we have a possible skirmish with Iran on the radar...over the last few days I’ve been moving some shekels out of stocks and into money market (cash).

Anyone else getting jitters or are things still rosy on the horizon? I think I know what Tabs will say...

I side lined some cash last December..but remain largely invested.

I had been fully invested from 96 through 18. Never wavered.

As I said since December the Beast has the jitters over the FED which has created a more volatile atmosphere in Equities.

The FED is allying uncertainty with its dovish comments reinforcing the 2012 paradigm..which is giving the green light for wall street to start grazing again in equities.

War drums in the Gulf...is always a caveat.. War is a risky adventure full of unknown possibilities and uncertainty.

Equities want to push higher..it based around 2800..pushed to a new high..retreated...based again around 2880...and scaled the heights once again...today opening in record territory after the FED comments. Will it close in record territory? Today, tommorow?

If the sp makes a lower high before retreating you may have seen a major topping out? If it makes a higher high the door is open to 3000. I believe the sentiment is to push higher..

[Cajundaddy]

Originally Posted by Chocaholic

60...with retirement a few years off, elderly parents that may become a $ drain, 2 in college still, etc., seeing markets this high, a possible military action, election cycle starting up, I’m just not sure if Janus fund managers are as cautious as I am. Hedging a bit but struggling to feel confident that the ascent will continue unabated.

At 60 and still working I would want 10%-20% in cash while continuing to max my 401K or IRA into stocks every month. Dollar cost averaging through market moves goes a long way towards mitigating purchase risk.

Bond yield curve and PE ratio suggest we will see a downturn sometime in the next 2 years but how deep and how wide? Who knows? Balance sheets still look ok.

[Chocaholic]

As of today, have a bit over 30% in cash. Always max out 401k. May sit tight there for a while and move some back into stocks if there’s a nice dip in our future. Legalized gambling!

[Tervuren]

I got lazy and have not been moving cash out into something else.

Kinda waiting for the next smoke and mirrors downturn.

It hasn't been happening like it used to when we got staged riots on a regular basis to try to disrupt the country under trump; these were causing fear, downturns, and a buying opportunity.

[dmcummins]

I shoot for 55% stocks, 45% cash. I’m 62 and have been retired for 12 years. I may need to rebalance soon.

[KFC911]

If I get the damn printer fixed, and more ink...I'll move to even more cash !

[fintstone]

Seems to me that the folks that are 60 still need to plan for another 30-40 years...and should be fully invested. Going to cash will let inflation beat you down.

I am about 50% stocks, 40% real estate with about 10% cash because I am looking for another real estate investment (down payment).

[KFC911]

When I say "cash".... I mean liquidity as in CDs that have a decent return...enough for me.

Just figure out what works for you....lots of ways to skin a dawg imo.