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Old 03-20-2020, 07:20 AM   #15
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Remember that Wall Street is often fueled by earnings reports. Q1 and Q2 2020 are going to be dismal. There will be 'feel good' blips along the way, but it could be Q3 before we're back in a bull market.
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Old 03-20-2020, 07:27 AM   #16
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IF...you are still working and have years to go you should be buying as much as your plan allows. IF...your employeer matches then definitely get your investing up to that amount...that's free money that will continue to grow until retirement. Enjoy the long term benefits of dollar cost averaging.

IF...retired and still in, stick it out. If you did cash out early with gains, you may want to start buying back in small amounts for the benefits of dollar cost averaging that probably made your pile the first time. Waiting for the botom or trying to hit the rise full bore generally is not sucsessful due to the automated computer trading of large (mega) investors.

JMHO but most all the folks that I know that are comfortable did it this way.

This too shall pass...remember the old saw "bulls make money, bears make money, pigs get slaughtered".
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Old 03-21-2020, 07:13 AM   #17
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I'm just watching to see what the congressman are going to do, as soon as they start buying I'll think about starting, if I have anything left!!!!!
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Old 03-21-2020, 07:20 AM   #18
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So, just curious, we've seen these crashes before and there's always a quick rebound of some sort. Has anyone jumped in the market? What sectors are you buying?
I'm bumping my contribution from 10 to 15%. (also have 5% matching)
I'm soon going to move my G fund (gov't securities fund) into S&P 500 index fund.
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Old 03-21-2020, 07:47 AM   #19
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I have posted a few times that I am buying a few times every week.

In 50 years I have never found that perfect low to buy.
So We have alway averaged down so when,
It may be a year or 10 ???
Nobody know's for certain.
It goes up faster

Regaress.
Your earning dividends on those shares.

High dividend stocks like MO, XOM, IRM
Have been good solid long term.

CAT did me good the last two years.

I would NOT recomend any stock for anyone.
Even my 4 children.

We have a friend that is an attorney.
He inherited a Million shares of MO from his mom in the 90s.

His father farmed and carried mail in the 50s and 60s, Urbana Ohio area.
He purchased some shares every week.

He never looked to see if it was up or down.
He averaged over the years.

His son the attorney says the dividends earned him way more annually than his profession.

Overall, its a crap shoot.[emoji848]

Like buying an RV. [emoji847]

Some will report loosing it all on Both.

So your on your own.

Same as always
Its your $$$

If you have to ASK

DONT
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Old 03-21-2020, 08:19 AM   #20
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Next Thursday’s weekly jobless report could be in the millions (the first of many)... My bet is at or shortly after that point the S&P 500 will drop below 2,000...

That will be the time to buy into the roller coaster!...
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Old 03-21-2020, 08:37 AM   #21
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And Then it could hit 1,000. ???

I remember 800 and people were crying Wolf and the sky was falling then.
They said sell at 800.
Only time will tell.
Quote:
Originally Posted by KRum View Post
Next Thursday’s weekly jobless report could be in the millions (the first of many)... My bet is at or shortly after that point the S&P 500 will drop below 2,000...

That will be the time to buy into the roller coaster!...
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Old 03-21-2020, 09:50 AM   #22
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Fundamentals are always fundamentals......that being said we were 100% in cash before the downturn and have started making some small buys of companies with very strong fundamentals.

For me that means companies that have tons of cash on their balance sheets and have a proven track record of ongoing earnings and sound business strategies.

It is never easy to find a bottom but companies that historically pay dividends are are trading at 1/2 to 1/3 of previous levels, that have a solid business model (not restaurants for instance) can be screaming buys so I'm buying some and if they go down and all the other things are still in place I'll use dollar-cost averaging to fortify the positions.

Currently, we're about 17% invested (last 2 weeks) and the rest still in cash......hoping to be at 30-35% when we hit bottom and then fortify/make changes as the market recovers on the way back up. By then hope to be at 65-75% invested......this strategy has worked in past bear markets, including the crashes of 31, 87 and 2007.....we'll see how this works out
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Old 03-21-2020, 12:43 PM   #23
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Keep an eye in some US Senators. If they buy, you buy.
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Old 03-21-2020, 12:56 PM   #24
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Quote:
Originally Posted by paul65k View Post
Fundamentals are always fundamentals......that being said we were 100% in cash before the downturn and have started making some small buys of companies with very strong fundamentals.

For me that means companies that have tons of cash on their balance sheets and have a proven track record of ongoing earnings and sound business strategies.

It is never easy to find a bottom but companies that historically pay dividends are are trading at 1/2 to 1/3 of previous levels, that have a solid business model (not restaurants for instance) can be screaming buys so I'm buying some and if they go down and all the other things are still in place I'll use dollar-cost averaging to fortify the positions.

Currently, we're about 17% invested (last 2 weeks) and the rest still in cash......hoping to be at 30-35% when we hit bottom and then fortify/make changes as the market recovers on the way back up. By then hope to be at 65-75% invested......this strategy has worked in past bear markets, including the crashes of 31, 87 and 2007.....we'll see how this works out

10%, some dividend producing stocks, 90% short duration bonds. You de-risked similar to what I did. Looking to re-invest in a similar step fashion.
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Old 03-21-2020, 12:59 PM   #25
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takes guts

shorter time horizon amazon and home depot longer term uber
can't get the courage to take a crack at tesla.
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Old 03-21-2020, 01:22 PM   #26
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Bought Tesla @ $351 last week
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Old 03-21-2020, 05:21 PM   #27
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now if

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Bought Tesla @ $351 last week
ha ha you caught the falling knife. now if it only goes back to where it was.
i hope you make out good.
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Old 03-21-2020, 06:44 PM   #28
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Yes but I drew a little blood . Previously i bought some in the low $5's
All I can hope is its gets back to 9 . Or a split would make me happy also
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