What did your financial advisor
 

tell you what to do the third week of February and the first week of March?

Did anyone's tell you to convert some X% to cash to use for buying the bargains to come? Or just to stay to stay in ride it out?

Given the nature of the stock market decline based mostly on Chinese manufacturing slowdown and US inadequate response leading to a future massive economic slowdown, wondering how many Michael Burry's are out there.

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I advised myself to do a little selling in Jan & Feb

I advised myself to back off on equities when I retired last year. I also advised myself to rebalance each quarter.

Been trying to buy a little on each dip. Only regret with my IRA's is that I should have been doing it in smaller increments up to my max allowable for SEP IRA contributions.

No advice. I hoarded some cash in Q4 for an upcoming investment this year.

I look like a genius.

On a different note, what the heck should we buy now???

SPY and AAPL...

july 2028 oil futures currently 46xx

if you can cover the short term margin calls in the next few months

oil has always come back over production costs in the long term

same more or less as a month ago

plus stocks whose value has now been "uncovered" by the market drop - services, restaurants, bars and lots of others

Plus, things which will do well in the changed circumstances we are in now (now being a state that may last for nearly a year)

- Amazon should do well for example; FedEx maybe

- various stocks in the health space too

And equally importantly, have they told you to do that in the past when nothing happened.

That's the problem. You could have a financial advisor that gives you that advice frequently. This time, maybe they were right and you made a ton of money, but how many times have they given you that advice and it didn't work out like this?

I thought about selling some off, and now I'm wishing that I had. That's easy to do with hindsight. As long as I don't sell now, and I have the time to wait, I won't lose any money and I'll end up making some.

I moved 150K out of equities into a money market based guaranteed fund in January. She says we must sit tight for now and re-balance again after recovery.

I would be sorely tempted to move that back into the market.

I'm glad I listened to myself last year and got out when I did.

IDK bro, I'm getting too faint of heart for these market swings. I'll keep some equities. Right now 60% of my holdings are in stock, I'm going to cut that back after the recovery.

Have had 85% of my retirement in bonds and 200k in cash waiting for this moment...

I'm into Utilities. Slow..steady growth..dividends that keep increasing. Safe investment.
For the past 30 years..it's done very, very well.

OT but to your sig line, maybe use some of that cash. :)

Euro 1983 Porsche 928S

I do think you mentioned in another thread that you're in your 60s? If that's the case, then more conservative isn't a bad idea.

Nice car but am looking for an e28 (BMW). BAT will be interesting to watch as well.

no PG&E I take it

^^^
I started buying @$7 and it's grown to $65 (except for the virus drop) now at $56
A healthy dividend each month..can't go wrong.

Has anyone ever heard of a utility going under??

When she gets there she knows
If the stores are all closed
With a word she can get what she came for

I wouldn't buy a lot of equities until the Short-Tabs Indicator lights up

Sorry, I guess I saw what I wanted to see, 9 for an E. Good luck in your search.

He told me to go all in on URFKT in January.

Domino''s Pizza might do well - delivery & take out

Yes, SCE&G

I was going to say yeah but I couldn't remember which one it was. :)

I bought some at the end of Feb, and bought more last Friday. Might buy more next week. And again in April.

CV NASDAQ medical stocks are the only sector showing green throughout this mess.

I haven't heard a word.

Supposing people will want to adjust their sail after this, where might be a good place for one's money?

Which sectors?

Which models?

Which funds?

Which stocks?

Once the volatility settles down, I'd look for good solid companies to recover.
Microsoft, apple, visa, J&J, intel, etc.

I think the biggest bargains are in oil: Chevron, XOM but that also comes with some risk. So far they've maintained dividends and that makes them very attractive when the price recovers, but I wouldn't go there first. I'd wait until things get closer to normal.

I'm wary of financials for a while.
A lot of it depends on your sitch and risk tolerance.
I'm gonna play it close to the vest.

Safe bet would be an S&P 500 fund, something like VOO. Good performer, very low cost. Timing is the key.

Boeing just bounced off $101. Lowest since 2013.

The CBOE Market Volatility Index (Index: VIX) is at 82.
When it trends down statistically and consistently I'm playin.

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I just signed up for Netflix and Disney Plus. They may be good investments that actually profit during any prolonged quarantine or social distancing exercise.

That said, Disney is likely hurting due to closure of their parks. Both Netflix and Disney and all studios have suspended production of new shows so that may hurt new memberships. Overall, I like Amazon and Netflix who should do well during the pandemic and afterwards.

Once you are hooked to Netflix, people rarely go back.