Author Topic: Stick a fork in the stocks markets (Read 311 times)

Rolex · « **on:** July 14, 2006, 11:12:16 AM »

They're done.

I got out of all stocks today and parked in bonds and CDs. Good luck to those who stay, you're braver than I am.

Saintaw · « **Reply #1 on:** July 14, 2006, 11:40:40 AM »

Those 0.00% -> 0.25% IR have something to do with that?

Edbert1 · « **Reply #2 on:** July 14, 2006, 11:58:55 AM »

Quote

Originally posted by Saintaw
Those 0.00% -> 0.25% IR have something to do with that?

If I planned on cashing in within the next ten years I'd sell off too, but with a down market and me being "in" for another ~25 years, this is a good time to invest more in stocks.

SwS · « **Reply #3 on:** July 14, 2006, 01:49:47 PM »

So very true Edbert, get em while you can.

Captain Virgil Hilts · « **Reply #4 on:** July 14, 2006, 01:55:40 PM »

Quote

Originally posted by Edbert1
If I planned on cashing in within the next ten years I'd sell off too, but with a down market and me being "in" for another ~25 years, this is a good time to invest more in stocks.

Buy them up, they're on sale. Best I can remember, no ten year period has ended with stocks lower than they started, and I think the average gain is in the double digits percentage wise. I wish I had a few thousand to invest myself.

BigGun · « **Reply #5 on:** July 14, 2006, 01:57:55 PM »

Well if you are shortterm investor, take money out, had no place being there in first place.

If long term investor, keep it in stocks, it is pretty good longterm bet.

If you are just trying to time the market good or bad, then good luck. Plenty of studies show odds are very stacked against you. To have good success in stocks, you have to be invested in less than 10% of the positive days, days which stocks move up bigtime.

Rolex · « **Reply #6 on:** July 14, 2006, 07:59:05 PM »

Quote

Originally posted by Saintaw
Those 0.00% -> 0.25% IR have something to do with that?

hehe... no, not really. The lending rate has been a good deal. Borrowing at virtually 0% for 6 years and investing in the Nikkei has been good. It's outperformed the NYSE for years now. Consumer loans for merchandise are still interest free and consumer consumption (40% component of economy) benefits greatly from it.

I've gotten out of the US market and the Nikkei for a while. A little too volatile for this not-so-young-anymore guy. I can still borrow at near 0 and invest in guaranteed earners in the US. At my age, I don't need the added risk for just a few more points of potential earnings that I honestly don't need.

I may go back in if a strong correction happens this year. Obviously, that's a risk I'm trying to avoid and I see some risks of that happening, or else I wouldn't do it.

WhiteHawk · « **Reply #7 on:** July 14, 2006, 09:04:31 PM »

I am out on the sidelines making 7.9% in natural gas company until things clear up a bit. I hit a home run by predicitn haliburton would make good gains as cheney was a former director before he became vice pres. Stick with the politically connected companies and you will rake it in:aok