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It's a real big stretch from "certain enough to take personal precautions" to "is a stock head and wants to throw down puts". You get that normal people don't r

It's a real big stretch from "certain enough to take personal precautions" to "is a stock head and wants to throw down puts". You get that normal people don't really give a damn about the stock market, yeah? Put a gun to my head and I can't tell you how a put works and I don't really care--I'm too busy buying a house. I did, however, rebalance almost entirely out of stocks three weeks ago and while I am not "now rich", my portfolio is doing a hell of a lot better than most folks'.

ivanche 7y ago
Out of curiosity, do you have any plan when and why to go back in stocks? I'm currently 20% stocks (ETFs really), 5% bonds, 75% cash. I only plan to continue buying stocks and bonds every month, as usual (so, DCA).
- tcgv 7y ago
  https://www.capitalgroup.com/individual/planning/investing-fundamentals/time-not-timing-is-what-matters.html https://www.capitalgroup.com/individual/planning/investing-f...
- eropple 7y ago
  50% tends to be near enough the bottom for these kinds of things that that's when I'll rebalance my retirement fund. I'm going to keep my brokerage out longer as I have shorter-term needs for that money.
californical 7y ago
+1 to this. I'd been worrying since mid-late January, and aggressively telling people since early February that this was going to be bad... but even a week ago, tons of people that I talked to were thinking that this was such an overreaction and would blow over. Just couldn't believe it, even after seeing how it went in Italy, a majority of people said the US would never have that problem. I didn't even know that a "put" on the stock market was a thing until last week, and am not particularly interested in figuring out how to do that... But I did back out of buying a car because I thought I'd be better off to have the cash when this gets bad, and here we are now in this thread... Maybe next time (hopefully there isn't one) I'll figure out more of what a "put" actually is and how to get one

ivanche 7y ago

Out of curiosity, do you have any plan when and why to go back in stocks? I'm currently 20% stocks (ETFs really), 5% bonds, 75% cash. I only plan to continue buying stocks and bonds every month, as usual (so, DCA).

tcgv 7y ago
https://www.capitalgroup.com/individual/planning/investing-fundamentals/time-not-timing-is-what-matters.html https://www.capitalgroup.com/individual/planning/investing-f...
eropple 7y ago
50% tends to be near enough the bottom for these kinds of things that that's when I'll rebalance my retirement fund. I'm going to keep my brokerage out longer as I have shorter-term needs for that money.

californical 7y ago

+1 to this. I'd been worrying since mid-late January, and aggressively telling people since early February that this was going to be bad... but even a week ago, tons of people that I talked to were thinking that this was such an overreaction and would blow over. Just couldn't believe it, even after seeing how it went in Italy, a majority of people said the US would never have that problem. I didn't even know that a "put" on the stock market was a thing until last week, and am not particularly interested in figuring out how to do that... But I did back out of buying a car because I thought I'd be better off to have the cash when this gets bad, and here we are now in this thread... Maybe next time (hopefully there isn't one) I'll figure out more of what a "put" actually is and how to get one