I'm going to mostly cash in Long-Term portfolio

[qlai]

If you have a long investment horizon, trying to time the market based on 'feelings' is a mistake you'll pay for years from now.

Agreed. But I am fine with that. I want to stand aside and see what plays out next.

 

[tomkat22]

I must admit it does look a bit toppy atm.

 

[ZBZB]

US runs out of money again on Dec 3rd. Nothing in the narrative about this yet.

 

[nooby_mcnoob]

US runs out of money again on Dec 3rd. Nothing in the narrative about this yet.

"Runs out of money". They are going to replace Powell with someone who prints even more money. I don't even know why they pretend, everyone should just get a ATM card that prints out whatever you ask.

 

[hilmy83]

I moved my 401k to 75% cash yesterday. Doesn't feel right to me up here. If I'm early, so be it, just don't want to be a part of this Bull market anymore.

why not put into collar option etf? limited downside. if it does crash, you would see at most 5-10% downside. Then flip to buy the index again after that

 

[formikatrading]

You do you!

I have a lot of mixed signals up here too. I was bullish up until a few days ago myself but I'm open to the possibility this may settle once again and then rip. The breadth is so bad right now that it's actually starting to look good -- meaning we're getting some pretty oversold readings there.

If you have captured a lot of the recent gains, nothing wrong with being more cautious when you don't have an edge.

I moved my 401k to 75% cash yesterday. Doesn't feel right to me up here. If I'm early, so be it, just don't want to be a part of this Bull market anymore.

 

[nooby_mcnoob]

why not put into collar option etf? limited downside. if it does crash, you would see at most 5-10% downside. Then flip to buy the index again after that

That's a good question, I think the answer depends on does he stand to make 30% staying invested or is it more likely the market will go down 5-10% next.

I think we all know the answer.

 

[qlai]

why not put into collar option etf? limited downside. if it does crash, you would see at most 5-10% downside. Then flip to buy the index again after that

I was not long index, but individual stocks. Indices are quite misleading, you can see index go down 5% but your stocks are down 30%.

 

[hilmy83]

That's a good question, I think the answer depends on does he stand to make 30% staying invested or is it more likely the market will go down 5-10% next.

I think we all know the answer.

all i know is the purpose of 401k is to always dollar cost average. Plus you want to take advantage of your employer matching so you gotta stay invested.

Timing the market you will miss out on 20-30% based on research i've seen online. So you rather not make 30% than lose 30%? That's like the classic behavioral finance experiment right?

 

[SteveM]

Sitting in cash when inflation is 6% (according to govt) and SP500 is at an all-time high? Bold move

When we had free markets, treasury yields would fluctuate to reflect this inflation. But no more. Now we are all forced to act imbeciles at the casino thanks to Federal Reserve policy.