• Hi, I'm the owner and main administrator of Styleforum. If you find the forum useful and fun, please help support it by buying through the posted links on the forum. Please visit ou very popular sales thread, where the latest and best sales are posted, including the latest, updated, very comprehensive, Styleforum Black Friday Sales List

    Purchases made through some of our links earns a commission for the forum and allows us to do the work of maintaining and improving it. Finally, thanks for being a part of this community. We realize that there are many choices today on the internet, and we have all of you to thank for making Styleforum the foremost destination for discussions of menswear.
  • STYLE. COMMUNITY. GREAT CLOTHING.

    Bored of counting likes on social networks? At Styleforum, you’ll find rousing discussions that go beyond strings of emojis.

    Click Here to join Styleforum's thousands of style enthusiasts today!

Talking stocks, trading, and investing in general

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
5,790
Reaction score
4,036
I sold about 95% of my equities, albeit, closer to the 3450 level. I won't step in again until S&P hits 2,500. I am however, continuing to put incremental 401K contributions into equities as a bit of a hedge.
So you are waiting for a ~27% decline from your sell price. If you are wrong, what is your re-entry price? When I sold my EMs, I bought back in at +10% as a signal I was wrong. I'm so good they have never returned to my re-entry price as they are lower :(
 

gnatty8

Stylish Dinosaur
Joined
Nov 12, 2006
Messages
10,706
Reaction score
2,897
Are you going to buy in small at every x% down? Or just out until 2500
I might move 25% back in post election, since I expect volatility to very high in the event there is a contested or unclear outcome. Remainder will stay in cash until 2500. Again though, I save close to 20% of my income which I continue to put into equities, so it's a partial, if very imperfect hedge.
 

gnatty8

Stylish Dinosaur
Joined
Nov 12, 2006
Messages
10,706
Reaction score
2,897
So you are waiting for a ~27% decline from your sell price. If you are wrong, what is your re-entry price? When I sold my EMs, I bought back in at +10% as a signal I was wrong. I'm so good they have never returned to my re-entry price as they are lower :(
That is a very good question. I think we are in an equities bubble, and I know this isn't controversial as there are a lot of financial market pundits who make the same argument, some for similar reasons as I, others for very different reasons. It may take months, it may take years for the bubble to burst. I'd probably reassess my belief periodically to see how strongly I hold it, and I do recognize there is a very good chance I am wrong, but I'm willing to take that risk.
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
69,831
Reaction score
38,210
I will soon be saving 100% of my income!
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
69,831
Reaction score
38,210
5k, I'll cover shipping. ;)
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
69,831
Reaction score
38,210
My orders were not filled today. :(
 

Piobaire

Not left of center?
Joined
Dec 5, 2006
Messages
69,831
Reaction score
38,210
I waited too long to buy back in I'm thinking. Will wait out the week and see if there's enough turmoil to drop down to my limit orders, and if not filled, hustle my ass back in grabbing the delta that's left.
 

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
5,790
Reaction score
4,036
I waited too long to buy back in I'm thinking. Will wait out the week and see if there's enough turmoil to drop down to my limit orders, and if not filled, hustle my ass back in grabbing the delta that's left.
I wouldn't be surprised if a December 18 scenario happened this year. A lot of uncertain items out there.
 

lawyerdad

Lying Dog-faced Pony Soldier
Joined
Mar 10, 2006
Messages
26,995
Reaction score
15,713

jbarwick

Distinguished Member
Joined
Nov 28, 2012
Messages
5,790
Reaction score
4,036
Piob will have a lot of time on his hands soon so the complexity will give him something to do.
 

Styleforum is proudly sponsored by

Featured Sponsor

Most Interesting Fashion Collaboration of 2020

  • JW Anderson x Uniqlo

  • Nigo x Virgil Abloh

  • Converse x Midnight Studios

  • Rick Owens x Champion

  • Barbour x Engineered Garments

  • Adidas x Bed JW Ford

  • Jordan Brand x Dior

  • Billie Eilish x Takashi Murakami

  • Lego x Levi's


Results are only viewable after voting.

Related Threads

Forum statistics

Threads
449,073
Messages
9,721,360
Members
202,902
Latest member
tomanroyes
Top