Anyone moving to cash?
 

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...:rolleyes:

Na, just buy silver, gold and diamonds. :eek:

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.

No, BTDT

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.

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

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.

so... over budget and stalled? :D

Nope, dividend growth investing allows me to ignore prices

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.

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!

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

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.

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..

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.

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!

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.

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

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

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).

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.

+1
At 69 years old I'm about 60% in cash. I don't need the heartburn.

I always take some off the top when I think it gets frothy. Seems like the reason to invest to me. I dont see anything but volatility for the short term so back to asset allocation.

Maybe not that long but you are on the right track. I have the feeling that many will outlive their money. I'm with Seahawk- I'm managing money " I have a portfolio that matches well with my age and financial desires". Not that it is perfect, but I'm in a different spot than when I was younger.

Whatever the plan, life does get in the way. There are many unforeseen things that happen and you need to adjust. I know cuz it happened to me. Just remember, it is just money, it ani't your life!

Maybe Burner will share his design with the group?!?! :)

You think there might be a stash of vintage, Guns and Ammo mags in there?!

$$$...just a means to support a lifestyle imo.

I'm gifted at quantitative analysis, etc. I have a plan...but who know what curve balls life throws at you. I live within my means....don't touch "principal", for that...YMMV

I actually increase the principal as I go..a wee bit now.

I found my way....unlike any others'...no "one size fits all".... just common cents :)

Been on this "merry-go-round" for a while now....just "watchin' the wheels go round and round" - JL

Do NOT touch the porn mags ;)!

When AU and AG were really in the cellar at 250.00 and 3.75, that was the time to buy, ;).

Dividend stocks can be the steady Freddy but nothing is caste in stone, the only thing that is caste in stone is when you are pushing up daisies.

Would probably need to use a putty knife, or maybe a chainsaw, to separate the stuck-together pages anyway! :eek:

Compulsive liar

I always keep a decent sized chunk sitting in easily accessible cash just in case, but don't really have any plans to add to it in the near future.

I've found that I'm a much better investor when I don't do anything ;)

I can sell CDs in any amount, at any time as I sit by. It's almost perfect these daze...doing nuthin' :).

Just don't listen to idjuts on a car forum....some will cause ya to do stoooipid stuff.....ain't that right Sammy ;)?

......or listen to Bonds.

Ya mean this one?

http://forums.pelicanparts.com/uploa...1561237402.jpg

Patience my son.

Looks AWESOME compared to my 1500 shares if Enron... .that will NOT go away....I'm immume to graphs these daze too....

Kachi-itis methinks :)!

73 YO feel the same way... I definitely sleep better.

3-4% return with a very conservative mix...cash (66% mebbe) & corporate bonds....minimal, almost no risk....I'm good.

I $nore$ a lot these daze too ;)...enough.

Now show the chart where I patiently refused to dump that turd....if that's the turd that you MADE me buy...as I recall.

But I recovered nicely....and moved to Cash.
Couldl've done a lot worse....at least I didn't move to Ash :)!