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davidrmoran : No need to send billing, it's the amount that caught my attention!
In combo with rforno comments. Youngsters, does it make sense to hold some dry powder in your 401-k accounts to fire a shot or two at times like this ? Or would it be better to rebalance if 90-10 or 80-20 , before the downdraft ?
Just some Sat. …
@ hank; Thanks for your come back What you do or don't do are up to you alone. You've made some very valid points. For most of the Oldsters here we can usually figure out when someone is BS ing ! As for myself I like to hear what other investors …
@Old_Skeet ; Thanks for your reply, very easy to understand.
I'll be watching for a few days & see how things go. More shut downs yesterday & most likely more to come. Schwab put out notice yesterday that satellites will be closed shortly…
@hank: Is the answer Infinite ? While you were fully invested I was the opposite, to much so !!
With my Schwab account down 22.14 % YTD, I don't think that's to funny ! How are you doing ?
Since 01/01/2020 I've put 7.3 % of total starting p…
@WABAC; thanks for the link. I came across this in the read.
"Now that they've gotten around to U.S. Treasurys, that tells you that legitimately nothing is safe," he said. "There's no place to hide other than cash."
Yes cash, at least you can have…
GP update: MARCH 18 We are re-opening the Grandeur Peak Global Micro Cap Fund (GPMCX) and Grandeur Peak International Opportunities Fund (GPIIX/GPIOX) to existing Fund shareholders as of today. We are very encouraged by the confidence shown by ou…
@Old_Skeet: You said, " I did a little buying today and I spent a sum equal to 1% of my portfolio's value. With this, I reduced cash by 1% and raised my holdings in the growth & income area of my portfolio by a like amount. "
I'm a little con…
"The last time the stock market saw declines like we’re experiencing, Congress suspended RMDs for one year. Because of the dramatic decline in retirements accounts, RMDs due in 2009 were suspended. The waiver also applied for people who turned 70½ i…
Good to hear from you @mrc70. We had the same (plan) back in 2018. As I said before I cashed out 2 401k's around 3 qter 2018. About 1/8 of proceeds were invested sometime later. Yes I nibbled here & there since that 1/8 buy in. Since the down …
From comments above it appears 3 nails driven into coffin & 1 removed ! I'll go along with Pop Tart on this one. To much money to be flushing down the toilet for this to continue ?! Algorithms out of control or just plain fear running wild ?!
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@Simon: First I've heard of 200 week sma . Upon googling I did find some reference . Closest I could get was from 1950 to 2010. Could or would you furnish a more updated chart or graph.
Always ready to learn something n…
@hank: With all the scotch that goes down the pie hole here at MFO. I'm sure Diageo will survive !!
I did a little buying today & will see what Tuesday brings. I'm thinking of taking RMD & buying a bit more.
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Returned from daily read & would like to add some additional info as per WSJ.
YTD closing as of Friday show value being a bigger loser across the board, (large-mid-& small cap). I thought this would perform in just the opposite way , …
