Anybody Buying Yet? Where’s the Bottom?

Well that's an interesting negotiating strategy. Do exactly what your opponent wants.

 
Well that's an interesting negotiating strategy. Do exactly what your opponent wants.

Wondering if I should just park the Ira in bonds till this blows over. The surge Friday got us back to just above even.
 
Noted world peacemaker (Pakistan) has thus far been unable to clean up this squabble in the Mideast.

Iran enforcing a blockade on the Straight of Hormuz. US responds with a blockade on the Straight of Hormuz.

Despite President Trump’s top economic advisors predicting a reverse uno effect, the future markets are responding poorly.

I don’t think anybody could have predicted this.
 
For the vast majority of people looking at retirement funds with trading limits that (for good reason) limit short term trading, this is no fun at all.
I put 100% of mine in a guaranteed fund shortly after this started. Now outside of my trading limit time frame just looking for the right moment to jump back in. Thought I had missed it Friday, but looks like I will get a second chance.
 
Might be over by Wednesday. Who knows? Too many clowns in the circus trying to entertain the audience right now.
I couldn’t take it anymore and sold this morning. Back to the January high and that’s good enough for me. Parked it in short term bonds till this war quits being a yo-yo. Maybe we will get the new Fed chair and he will lower the rates.
 
If this were to happen, do you plan to buy back in?
The plan for this money was to pay off the house earlier. I have a 2.25% interest rate. This money needs to do better than that quarterly. This bond fund averages around 5% and I can sell at any time. It beats a CD right now and I don’t have to wait to sell.

I’m in no hurry to jump back in till these tensions cease. We are one orange peel away from an international incident we could suffer greatly for.

The market will be a roller coaster for a while and I’m happy at a very safe 5% for now. A trade is only 24hours away if warranted though.
 

Latest posts

Forum statistics

Threads
118,839
Messages
2,208,443
Members
38,666
Latest member
jennylynne
Back
Top