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I'm sitting on my hands. Between funds and ETFs and single stocks, I figure I'm pretty well diversified, and the whole point of diversification is to be able to withstand times like these. I hold a bit more in stocks than bonds. In percentage terms, I'm down from my high point by less than -2%. Reinvesting dividends. It all sucks. But "All things must pass away."
In the IRA: Sold MGOIX, PMAIX, and GLIFX. They are all still in the green. OTOH, I don't care for the exposure to longer duration bonds and/or foreign equity. That's not where I want to be when the world goes crazy.
Several funds are already in the red. JPIB cracked the first day. The equities went from 27% of my portfolio to 25% in short order. Still hanging on to THOPX, NRDCX, FGUSX, and BBBIX for now.
Once again I am thinking about USFR for the cash stash. BUBIX has also been holding up well, so far, and I wouldn't complain about getting back into it.
In the IRA: Sold BBBIX, EISIX, FMIEX, and THOPX while they are still in the green. That leaves FGUSX and NRDCX as my only positions in the green. Holdings in the red are around 15% of the portfolio, so I don't mind riding it out with them.
In the IRA: As I mentioned to Sven elsewhere, I sold NRDCX. There was a lot less of a green cushion. If FGUSX drops to the price I bought it at last August I'll be out of that too.
I was looking at the results of previous sales in the IRA, none were in the red. The profits were modest enough to be bashful. But you can't buy distressed assets with distressed assets, so I am de-stressed.
A few things came into my buy point today but I'm not buying heading into a weekend of who-knows-what thanks to the unpredictable American insanity. The only thing i'd buy (if I needed to) today would be index shorts.
Dumped all the silver at the very top on 2/27 just 10 minutes before it started down. Hold on... wait... no that was that other BS guy...
Lemme try this again: Sold all the silver a few minutes ago while I still had a decent 20% gain. Will probably buy again when all this winning from trump's war settles down.
I sold equity oefs and bond oefs again. My personal feeling, supported by deteriorating fundamentals, is that a whole lot of chickens are coming home to roost. Even if the Iran war were to end today, I'd expect some jubilation, followed by more selling and more weakness.
I find it hard to believe that the markets could run up the way that they did from Jan 1, 2023 until Dec 31, 2025 and not swoon in the face of current inflation, jobs and GDP numbers. And the recent U.S. capital exodus. Who is going to prop up valuations? Consumers, who by all reports are approaching debt limits?
It feels like there will be better entry points down the road.
@Old_Joe So, you are saying that I should finally start buying silver? lol
...And now we get an enforced break: the week-end. Thank goodness. In percentage terms, the current shit-show is not dire--- YET. Mr. Rothschild advised buying "when there's blood in the streets." Plenty of that in the Mideast. And my Japan stuff has fallen out of bed. I gulp and give my attention to something else. Impossible to time the Markets. Or to know just what will happen and when the picture improves.
"Someday, this war's gonna end." Robert Duvall was so very convincing as a crazy-ass Hegseth-esque nutjob: Lt. Col. Kilgore.
Comments
But, I don't think they have any bounce left in them.
Now, bouncing knives are not to be taken lightly. Probably why knives do not generally come with rubber handles.
Several funds are already in the red. JPIB cracked the first day. The equities went from 27% of my portfolio to 25% in short order.
Once again I am thinking about USFR for the cash stash. BUBIX has also been holding up well, so far, and I wouldn't complain about getting back into it.
I was looking at the results of previous sales in the IRA, none were in the red. The profits were modest enough to be bashful. But you can't buy distressed assets with distressed assets, so I am de-stressed.
Hold on... wait... no that was that other BS guy...
Lemme try this again: Sold all the silver a few minutes ago while I still had a decent 20% gain. Will probably buy again when all this winning from trump's war settles down.
I find it hard to believe that the markets could run up the way that they did from Jan 1, 2023 until Dec 31, 2025 and not swoon in the face of current inflation, jobs and GDP numbers. And the recent U.S. capital exodus. Who is going to prop up valuations? Consumers, who by all reports are approaching debt limits?
It feels like there will be better entry points down the road.
@Old_Joe So, you are saying that I should finally start buying silver? lol
"Someday, this war's gonna end." Robert Duvall was so very convincing as a crazy-ass Hegseth-esque nutjob: Lt. Col. Kilgore.