........UNTIL the next bounce. I think it will be a "dead cat bounce." I've concluded that we're in a funk that will take many years to rise out of, like the Great Depression. When that bounce happens, I'm going to throw a great deal more into bonds than I own at present. MWHYX is where I'll send the money. DLENX looks good, too. But in that same EM Bond category, my PREMX is yielding better than Luz Padilla seems to be able to get over at Double Line.
Comments
you are still young, still get sometime to let the wave ride
I am in the same boat, lots of equities but still holding on
it's still considered a corrections
it will go up but we'll see how the corrections does
I feel your pain, it's very hard to feed your mouth/family first then to feed the stock markets
I wish you the best of luck
try this website for job search www.indeed.com
You should have 'sold in may' but when the bad news come it's usually too late and as Buffet stated in the past 'when the tide goes away you'll see who is swimming naked' in that mentality...hope fully you may have a portfolio like Skeeter or Catch and you'll be happy. It's very difficult to TIME the market
I am still holding on too lots of equities, we'll see what will happen
if you want to consider something safe
I've bought a Dallas-Airpt muni bond, yields 7% until maturity in 2020s, A- [stable outlook] @ zions direct, they use to have 50K but now they may have less. I think it's a very safe gamble having a stable economy in Dallas and airprt would never bankrupt [unless a major black swan events like terrorists or WWIII]
if you consider placing it in a somewhat safe vehicle:
zions direct bond for less
8005248875
cusip 235034ar6
I am sorry to learn of your dislocation. I have been through several of these myself; and, perhaps an opportunity will come along that will even be better for you. I found this to be true in my case.
The second best job, make that the best job, that I have had in my life has been investing. I can manage it in my own style, not others, and success can be had more ways than one as investing teaches one independent thinking. Through the years, my investmets have grown to the point where I actually make more off my portfolio that I make by way of pay check form my employer.
I try to find humor in most things ... as such ... I'll close with this.
A bus station is where a bus stops ... A train station is where a train stops ... And, on my desk is a work station. And, if the works stops at my station ... Then there is the dog track.
Have a good day Max; and, here is wishing you the very best.
Skeeter