Page 6 of 9 FirstFirst ... 45678 ... LastLast
Results 51 to 60 of 81

Thread: Boy, that Dow

  1. #51
    Senior Member
    Join Date
    Aug 2016
    Posts
    3,401
    Quote Originally Posted by SteveinMN View Post
    No one ever knows the "perfect" time. But I think there's been enough growth to at least rebalance or take some profits and move them wherever you want/need them. We've been pretty aggressive all along but are pulling that back a little as we approach retirement. Moving some of that money around is on my immediate-action to-do list.
    Great point, Steve--for many it is definitely time to rebalance to get back to their chosen asset allocation.

    The question of what is an appropriate asset allocation for retirement years is of course another related topic, and they are both important.

  2. #52
    Senior Member Teacher Terry's Avatar
    Join Date
    Dec 2013
    Location
    Nevada
    Posts
    8,584
    We pulled some of the money out of stocks a few months ago.

  3. #53
    Senior Member dmc's Avatar
    Join Date
    Feb 2011
    Posts
    1,107
    It just keeps getting better. I may need to rebalance again soon.

  4. #54
    Senior Member iris lilies's Avatar
    Join Date
    Mar 2013
    Posts
    15,435
    Yesterday’s mail brought a statement from my pension fund, City of St. Louis. Their pension fund managed to lose assets in 2019, down from 2018. Brilliant.

  5. #55
    Senior Member Rogar's Avatar
    Join Date
    Jan 2011
    Location
    Colorado
    Posts
    3,187
    I just re balanced a few months ago, but I'm looking to do it again. I try to keep up with a few general articles about any future stock performance and am not seeing many warning signs, but I don't think this can keep up for much longer. As they say, past performance does not guarantee future returns.

  6. #56
    Senior Member kib's Avatar
    Join Date
    Dec 2010
    Location
    Southeast Arizona
    Posts
    2,525
    29, 219. Has anyone else spent the last few months saying no, I won't get in now, it's overvalued? Like, saying that every other day?

  7. #57
    Senior Member
    Join Date
    Aug 2016
    Posts
    3,401
    Quote Originally Posted by kib View Post
    29, 219. Has anyone else spent the last few months saying no, I won't get in now, it's overvalued? Like, saying that every other day?
    No, I stay invested in my asset allocation, pretty strictly. I have 2 years of cash so I don't have to worry about selling in a down market.
    If I could still buy govt farm bonds for 11% like back in the good old days, I'd have it all in fixed income.
    But you can't make enough on fixed income, so out into the market I go.
    Well, some people have enough that they can make enough, and that's what I would do if I were rich, I guess.

  8. #58
    Senior Member kib's Avatar
    Join Date
    Dec 2010
    Location
    Southeast Arizona
    Posts
    2,525
    I guess for me it's a case of FOMO. I do have enough bond income to live, although it would be a tight budget. But I have some cash that I could have invested in stock even as late as November when this thread started, and gotten an amazing return. fear of missing out vs. fear of jumping in. I really gotta work on my risk aversion!

  9. #59
    Senior Member
    Join Date
    Aug 2016
    Posts
    3,401
    Maybe, maybe you just need to figure out an asset allocation you are happy with?

    Two books I have really liked at Gillette Edmunds Comfort Zone Investing

    https://www.abebooks.com/servlet/Boo...ce%2Bof%2Bmind

    and this retirement book by Wes Moss:

    https://www.amazon.com/You-Retire-So...s%2C174&sr=8-1

    They both help me to conceptualize a life in retirement, and the Edmunds book is really different--goes into the psychology of different asset classes, and helps me to figure out why I like what I like and why some things feel bad to me. The Edmunds book is a sleeper, I think. It's different, but it's helped expand my thinking about investing.

  10. #60
    Senior Member
    Join Date
    Feb 2011
    Posts
    247
    So how high can this go before it evens out or crashes? I've never seen anything like this in my many years of investing.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •