All Things Habitat - Lets talk.....
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Stock Market is the bottom in?
- Thread starter Peplin Creek
- Start date
Angus 1895
5 year old buck +
Check out ZIM!
4wanderingeyes
5 year old buck +
Is anyone dumping stock, and preparing for a market crash? Our invester today emailed us to ask if we want to move stuff to a safer group, or ride out the storm. I didnt know what to say to her.
SD51555
5 year old buck +
I'm not moving to cash, but I did dump KMB and moved that over to WEC. For some reason the staples like KMB, CLX, and Unilever don't seem to want to fight for their margin. If she blows, I'm counting on WEC, TSN, and the energy sector to hold the line while the rest burns. Peak misery would mean high food and energy prices. I think that's where we're headed.
I've got some side powder ready to go in case the fed makes good on blowing the asset bubble to pieces on Monday.
Why is she asking you for advice?
4wanderingeyes
5 year old buck +
Really good question. Only once has she ever contacted me prior to this, and it was to up my contributions. So it got me thinking, what does she know?
I don't know man. All I know is I pay my guy to tell/advise me what to do in challenging times. The first time he asked me what to do would be the last time we worked together.
yoderjac
5 year old buck +
My wife and I decided to work another year. My retirement strategy is in a previous post, but the quick version is that I will have 4 years of cash and everything else in the broad market. While I was working, all of my retirement funds were in the broad market. I've been selling when the market gets toppy to fill my cash bucket now. I'm not looking for a crash, but I am looking for a significant pull back. I want to fill my cash bucket before that happens.
g squared 23
5 year old buck +
Be a diamond hands 
. Buy and hold, and then hold some more. Pick a stonk you like and ride it to the moon 
Sent from my iPhone using Tapatalk
. Buy and hold, and then hold some more. Pick a stonk you like and ride it to the moon 
Sent from my iPhone using Tapatalk
Bill
Administrator
hedging things. Lots of advisors are there to preserve your $ not make it. I had to twist my guys arm twice around to buy when we had the covid tank. But he is good at the preservation game.
If you're working with somebody, they should know your goals/tolerance for risk before the shit hits the fan. I understand that a fiduciary is legally required to protect you from yourself/stupid decisions, but that shouldn't even be a topic of discussion when things get tough.
Bill
Administrator
We talk almost weekly. I think everyone was a deer in the headlights when covid finally hit the market. (except politicians)
He wasn't going to toss my cash in willy nilly. That took me telling him to.
Mortenson
5 year old buck +
In college I begged my Edward Jones rep to get me shares of Priceline. He said "that's not really what I do." I was mad. After that, I opened my etrade and have since done pretty badly. Etrade is my gambler account. I'm kinda like Yoder when it comes to stocks.
What do you guys think of precious metals? Specifically, what percent of non-land portfolio would you invest and what is the right metal to paper ratio?
I'm not a precious metals guy
SD51555
5 year old buck +
Priceline was a homerun. Lots of fast money to be made there. I haven't been in it for years, but when i was, it went fast.
Bill
Administrator
If you bought gold in 1984 you didn’t get your $ back until Obama. Didn’t look at the charts but I don’t think I’m far off.
If you do go gold, buy bullion. The collector coin numismatic thing is a looser unless you really know what you’re doing. Bullion is bullion, it’s based on spot price not some collectors whim.
No gold for me unless it’s a cheap dental filling.
yoderjac
5 year old buck +
To my way of thinking, commodities, including special metals, are gambling, not investing. You are simply speculating on future price. When you buy stock, you are investing in a business. Stocks are part investment and part gamble. The investment part is buying into a business that is a money making enterprise that you expect to produce a greater total return than lending that money for a, yo fixed period. The gambling part is risk associated with any single company. Of course, some companies, like those that lose money every year in hopes growth will eventually proved a big payoff are a lot more risky than buying a well established company with a moat around the business and a good track record. However, they all have a level of individual company risk. When you buy a fraction of many companies (broad market index) dollar cost averaged over time , you eliminate that individual company risk along with the big win reward if you guess correctly. Granted, some folks have more educated guesses than others, but they are all guesses. You also eliminate the timing risk, and again the reward if you guess right.
So, it is no precious metals for me.
P.S. By the way, there is one exceptions to commodities. If you are a farmer, utilizing the futures markets can actually mitigate your risk.
Angus 1895
5 year old buck +
Concentration builds wealth.
Diversification preserves it.
I kinda think of it in football terms……….a prevent defense can often prevent you from winning.
so I try to diversify out side of the market, I.e. real estate, property improvements, collectibles, etc.
a cattle trader told me years ago
” You don’t make money when you sell cattle……you made it when you bought them.”
Diversification preserves it.
I kinda think of it in football terms……….a prevent defense can often prevent you from winning.
so I try to diversify out side of the market, I.e. real estate, property improvements, collectibles, etc.
a cattle trader told me years ago
” You don’t make money when you sell cattle……you made it when you bought them.”
