It's hunker down time with stocks...

[Cabin111]

I'm a retiree with money everywhere...Stocks, bonds, CDs, house, rental, lot, gold and silver coins.

It seems like reading between the lines, The Fed will continue to raise rates slightly over the next six months...Even more so, if they can't tame inflation.

It also looks like retirees are moving out of the market for the secure 4.5-6% CD/Treasuries.

My wife and I talked this afternoon. We have an couple options that may get called away. We'll just throw the money into a CD or US Treasuries.

We will plan to weather the storm of a long term correction/recession by holding cash.

No, we are not beating inflation, but it beats losing to an unknown market.

We still have are quality companies we are holding...ADM, IBM, Google, Amazon, Target. We'll just keep excess money on the sidelines for now...

 

[maxinger]

Hunker down time with Long or Short stocks?

 

[deaddog]

Looks like you might be a bit late. Your quality companies are down 40%ish.
At what point do do get back in?
I've been out for over a year and it looks like it might be time to get back in.

 

[maxinger]

Looks like you might be a bit late. Your quality companies are down 40%ish.
At what point do get back in?
I've been out for over a year and it looks like it might be time to get back in.

He might end up as a retiree with no money everywhere.

In trading or investing, timing is extremely important.

 

[Cabin111]

Looks like you might be a bit late. Your quality companies are down 40%ish.
At what point do do get back in?
I've been out for over a year and it looks like it might be time to get back in.

You don't know my income situation. I have A LOT of money on the sidelines. Much is stock...Just not wishing to add for awhile.

I will be very choosy in what I buy. Example 5.5% (with safety), is nothing to sneeze at.

Blood in the streets (great value), I will look at...

 

[maxinger]

ADM toppish

IBM ranging

GOOG downtrend

AMZN downtrend

TGT downtrend

______________________

downtrend - it might morph into an uptrend or whatever.

 

[Overnight]

...

I will be very choosy in what I buy...

This means you use JIF peanut butter for your sandwiches, and all other peanut butter needs, because choosy moms choose JIF.

 

[emulimu]

You don't know my income situation. I have A LOT of money on the sidelines. Much is stock...Just not wishing to add for awhile.

I will be very choosy in what I buy. Example 5.5% (with safety), is nothing to sneeze at.

Blood in the streets (great value), I will look at...

I hope to retire like that someday. How much are we talking about here? Between 1-3 million or 3-5 million or 5-8 or 8-10 million or 10 plus?

 

[Nobert]

I have A LOT of money on the sidelines.

It's about a third time that you're mentioning the size of your retirement wealth.

I hope that you're not bragging.

 

[smallfil]

He might end up as a retiree with no money everywhere.

In trading or investing, timing is extremely important.

I have more than one friend whose retirement account has stocks or even mutual funds but, they do not want to actively, manage their retirement accounts. So, basic buy and hold. What happens is the stock or mutual fund runs up big, giving them tremendous gains which they can lock in and put in their pockets. Yet, they let all those profits vaporize and their holdings turn into huge losses. Such a shame but, it is their monies to manage as they wish. I am only a friend giving what I deem common sense advice, to help a friend out.