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I am in this case..I don't really day trade, have dividends auto-reinvested and rarely sell. The market does sort of concern me right now though. We're sitting

by tempsy 7y ago

I am in this case..I don't really day trade, have dividends auto-reinvested and rarely sell. The market does sort of concern me right now though. We're sitting at all time highs for the S&P but there's worrying signs everywhere. I don't know how it'll all play out next year, so I might gradually sell some to lock in gains before end of year.

rinchik 7y ago
interesting, I don't auto-reinvested my dividends, I use those to slowly but surely diversify my portfolio with different companies and industries (which is still a reinvestment I guess) It's kinds interesting and even exciting to "shop" for new investment opportunities when dividends are posted. agree about the market and all time highs and it feels dangerous. The thing is that no one can really predict what will happen, the only decent advice is, again, to diversify? Diversify with assets outside of the regular market fluctuations, e.g with cash savings, real estate, precious metals
etrautmann 7y ago
only do this if you need the money < 5 years. Timing the market is not possible, and while I agree many troubling signs, it's impossible to time when to buy back in, and you lose dividends and potential gains during the time on the sidelines. If you need the money short term, then it shouldn't be invested in equities.
- tempsy 7y ago
  In theory I agree...but it's been a 10 year bull market and I would really not want to see any of my non-retirement or retirement accounts halved if I can help it. My amateur "macro" view is we're in for heavily volatile times in the next 5 years. I tend not to follow textbook personal financial advice shrug
  - quaquaqua1 7y ago
    I cashed out in September 2018 and I am most certainly not crying about missed profits :) That money is happily deployed elsewhere for better uses and the next time I have excess savings it will go into stocks when they're at the bottom of the market
    - tasuki 7y ago
      > when they're at the bottom of the market Will there be an announcement?
      - notJim 7y ago
        A few weeks lead time would be ideal.
      - quaquaqua1 7y ago
        Yes, but there's also no need. When 2008 happened, not only was it in the news 24/7, anyone looking at the chart understood they were getting a 30% discount on an index of the US economy.
  - deleted 7y ago
    [deleted]

by tempsy 7y ago

rinchik 7y ago

interesting, I don't auto-reinvested my dividends, I use those to slowly but surely diversify my portfolio with different companies and industries (which is still a reinvestment I guess) It's kinds interesting and even exciting to "shop" for new investment opportunities when dividends are posted. agree about the market and all time highs and it feels dangerous. The thing is that no one can really predict what will happen, the only decent advice is, again, to diversify? Diversify with assets outside of the regular market fluctuations, e.g with cash savings, real estate, precious metals

etrautmann 7y ago

only do this if you need the money < 5 years. Timing the market is not possible, and while I agree many troubling signs, it's impossible to time when to buy back in, and you lose dividends and potential gains during the time on the sidelines. If you need the money short term, then it shouldn't be invested in equities.

tempsy 7y ago
In theory I agree...but it's been a 10 year bull market and I would really not want to see any of my non-retirement or retirement accounts halved if I can help it. My amateur "macro" view is we're in for heavily volatile times in the next 5 years. I tend not to follow textbook personal financial advice shrug
- quaquaqua1 7y ago
  I cashed out in September 2018 and I am most certainly not crying about missed profits :) That money is happily deployed elsewhere for better uses and the next time I have excess savings it will go into stocks when they're at the bottom of the market
  - tasuki 7y ago
    > when they're at the bottom of the market Will there be an announcement?
    - notJim 7y ago
      A few weeks lead time would be ideal.
    - quaquaqua1 7y ago
      Yes, but there's also no need. When 2008 happened, not only was it in the news 24/7, anyone looking at the chart understood they were getting a 30% discount on an index of the US economy.
- deleted 7y ago
  [deleted]