Guest Posted March 18, 2020 Posted March 18, 2020 Spek, what level of cash are you at now? A bit more than 35% roughly. Hard to tell, because the equity part goes down so fast. haha I feel you man.
Castanza Posted March 18, 2020 Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today.
Guest Posted March 18, 2020 Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today. When it/if hits $120, people will decide to sell. :P
rb Posted March 18, 2020 Posted March 18, 2020 Berkshire at 168 Same, was surprised it hit today. I almost did. But got greedy and put in my order at 167. Before it moved away. That's ok though. I'll get my fill before the close.
Spekulatius Posted March 18, 2020 Posted March 18, 2020 Everything. That’s a solution. The problem with so many opportunities is decision paralysis.
chrispy Posted March 18, 2020 Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!?
nspo Posted March 18, 2020 Posted March 18, 2020 This is the sharpest decline I've seen. I just wonder how much of the flow is coming from algos selling for non-economic reasons? Anyone with quant background here? Spek has a great point, paralysis by analysis is a real thing. I'm just applying the 5 year test to everything I buy. That's the only way you can remain poised in this environment.
alwaysdrawing Posted March 18, 2020 Posted March 18, 2020 Adding to puts on dental appliance makers, life insurers with large corp loan books that they can't mark to market without BK, and a few other companies trading at crazy multiples of past earnings. Worst is still to come.
Orchard Posted March 18, 2020 Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!? Once you get comfortable owning something at a price for the long-term.
chrispy Posted March 18, 2020 Posted March 18, 2020 A few companies have to make headlines before this is over (banks, restaurants, malls, office buildings, etc), correct? Imagine if WeWork was public....
ERICOPOLY Posted March 18, 2020 Posted March 18, 2020 I have never experienced a market like this although this is slightly new for everyone. I have been holding onto my cash and every day I think it can go lower - Im fearful. When does one get the courage to deploy!? If you look at the pace of declines in recent days, USB doesn't look like it will be too scary. It was at $55 a month ago and it's at $32 today, but it has largely flattened out for the past week. It's off 50% from it's high. I'm not making a recommendation though.
Guest cherzeca Posted March 18, 2020 Posted March 18, 2020 if your timeline is over say 1 year, then anything here works, seems to me
Guest Posted March 18, 2020 Posted March 18, 2020 If you're in you're 20s, 30s, or even 40s, you should be celebrating this downturn (obviously not the health effects). In fact, you should hope for further declines. I know I am.
AzCactus Posted March 18, 2020 Posted March 18, 2020 If you're in you're 20s, 30s, or even 40s, you should be celebrating this downturn (obviously not the health effects). In fact, you should hope for further declines. I know I am. Unless you run out of cash to invest.
no_free_lunch Posted March 18, 2020 Posted March 18, 2020 This is hardly worthwhile of this investment board but I bought VO. Mid-cap US ETF. Seems like a good compromise between survivability and upside. It would need to surge over 60% to get back to prior highs.
LC Posted March 18, 2020 Posted March 18, 2020 If you're in you're 20s, 30s, or even 40s, you should be celebrating this downturn (obviously not the health effects). In fact, you should hope for further declines. I know I am. Unless you run out of cash to invest. :D :D :D :'(
Guest Posted March 18, 2020 Posted March 18, 2020 If you're in you're 20s, 30s, or even 40s, you should be celebrating this downturn (obviously not the health effects). In fact, you should hope for further declines. I know I am. Unless you run out of cash to invest. Well, I should have qualified that as if you still have a job. :P
Casey Posted March 18, 2020 Posted March 18, 2020 My thought for a while has been that SP 2000 will be the floor on all this, but having a hard time being patient. More FB today.
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now