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

[qlai]

Any kind of a plan or are you just spinning the wheel and betting on red?

Betting on the green I said what the plan is - if we pop off 200 DMA, I will most likely start getting back to cash(I'm 15% cash but have some puts underwater). If we dump further, I HODL. Inflation is in the spotlight and there's no better way to curb inflation than [gently] deflate the equities and crypto markets. I don't believe we will crash though. I spoke to Putin and he seems like a reasonable guy.

 

[deaddog]

I spoke to Putin and he seems like a reasonable guy.

I agree, he seems like a reasonable guy. You have to remember that he's a politician and for the most part they are not that trustworthy.

The only guy who will tell you bigger lies than a politician is yourself when your trades are underwater.

 

[ElCubano]

The only guy who will tell you bigger lies than a politician is yourself when your trades are underwater.

 

[VicBee]

I put most of my cash back into stocks. This maybe way too early and I will most likely get back to cash if there's a good pop. If not, I'm stuck

No qlai! way too early man!

I know, deaddog's pen is sharper than his blade requesting decision validation, which I regularly fail to abide by but appreciate nonetheless. I did close my CMG at a unimaginable loss to cover my margin account while I still could.

Back to the subject, I've compressed my reasoning as to why we are still far away from a rebound:
America's economy cannot survive while dishwashers are paid $30/hr.

I'll detail my thoughts on a new thread, but I expect the worst is still to come.

 

[VicBee]

Well, as of today I've gone back into the market. The motivation to do so is 2 fold
1. Had I kept the funds in the 401k plan, today if would have been down 30.5% since November 2nd when I pulled it. I think we're hitting bottom for that fund, give or take 5%.
2. Google's 20 to 1 split will have great ramifications for the stock price in the short and mid term (5 years) and for the competition to possibly do the same, thinking Amazon and other high value stocks. Since my Fidelity plan was all large caps, mostly US stocks, I expect a recovery sooner than not as retail buyers jump on the opportunity to buy full shares at lower price.

This is an investment, with goal of 15% return this year, possibly 25% in 2023 and 30+% beyond. As reference, the plan's 5 year annualized return has been 33+% per year.

 

[qlai]

Google's 20 to 1 split will have great ramifications for the stock price in the short and mid term (5 years) and for the competition to possibly do the same, thinking Amazon and other high value stocks.

Splits are great short-term catalyst in a bull market because it’s pure greater-fool strategy. I am not sure it has any impact longer term. So you turning very bullish now? New highs?

 

[Sekiyo]

We not Bull yet.
Any skeptic left ?

 

[VicBee]

Splits are great short-term catalyst in a bull market because it’s pure greater-fool strategy. I am not sure it has any impact longer term. So you turning very bullish now? New highs?

If I can get 7-15% this year and keep me above inflation I'll be OK. Not a bull call though.

 

[Nine_Ender]

Well, as of today I've gone back into the market. The motivation to do so is 2 fold
1. Had I kept the funds in the 401k plan, today if would have been down 30.5% since November 2nd when I pulled it. I think we're hitting bottom for that fund, give or take 5%.
2. Google's 20 to 1 split will have great ramifications for the stock price in the short and mid term (5 years) and for the competition to possibly do the same, thinking Amazon and other high value stocks. Since my Fidelity plan was all large caps, mostly US stocks, I expect a recovery sooner than not as retail buyers jump on the opportunity to buy full shares at lower price.

This is an investment, with goal of 15% return this year, possibly 25% in 2023 and 30+% beyond. As reference, the plan's 5 year annualized return has been 33+% per year.

30.5% ??? As I said before, it is very important what you are invested in SPX is barely below break even in that time frame and I bet the TSX is up. I'm up 7.5% since Jan. 1 and today looks somewhat promising.

 

[murray t turtle]

What is the reason for hedging? If you are in a long-term portfolio and believe that markets eventually rebound, then why hedge a temporary draw-dawn (assuming you are not over-leveraged)? I am talking about personal accounts, not managing Other People Money.

%%
SURE could/since the long term trend for SPY+QQQ is up. Most common way for stock market millonaire/buy every month 40 years.
But it can be better than insurance, because insurance company , with good reason\ does not want you getting regular or even many profitable checks , unless its an inferior return like most annuities/LOL
So there is a place for countertrends; but i dont know any that would be foolish enough to pay a insurance premium close to what amount you are insuring/LOL.
NOR would many insurance companies want to write me a policy on SEPT market drops[or anything like that]; ETFs glad to insure that + could care less if i profit...............