Is it time to get out of the stock market?

[Fishman15]

Hearing stagflation could go on for years. Neither stocks or bonds will be safe. Getting too old and too close to retiring for this chit...

[startingat56]

it's buy low, sell high

not

buy low, sell low, buy back again higher


when you need that investment money decides when you sell, what happens until then is not that important .... unless the market drops just as you require the money

if your investments are sound choices, then this too will pass. Look at the long term history of the market you have invested in ..... it's gone up consistently over the years

Nowadays too many investors are doing their own thinking and that's why markets are so turbulent. Bad news = sell sell sell. Good news = buy buy buy. It should be buy and hold quality stocks and plan how you exit.

Of course there's always casinos

[Fishman15]

it's buy low, sell high

not

buy low, sell low, buy back again higher


when you need that investment money decides when you sell, what happens until then is not that important .... unless the market drops just as you require the money

if your investments are sound choices, then this too will pass. Look at the long term history of the market you have invested in ..... it's gone up consistently over the years

Nowadays too many investors are doing their own thinking and that's why markets are so turbulent. Bad news = sell sell sell. Good news = buy buy buy. It should be buy and hold quality stocks and plan how you exit.

Of course there's always casinos

You are describing more normal times. If I get out, it's because I don't see a future of getting back in. If I was 36 I might feel a little different...

[Bando]

My Broker is EF Hutton and EF Hutton says....

[startingat56]

You are describing more normal times. If I get out, it's because I don't see a future of getting back in. If I was 36 I might feel a little different...

We have not been in normal times for quite a while

The historically low interest rates were not normal, but they are approaching normal now. Savings accounts, while not the best vehicle, were a reasonable investment strategy.

Millennials have never seen bad times. They have been told they are special, they have enjoyed cheap money and bought anything they wanted. Credit was a good thing because money was cheap to get, so I can have the car I want, the latest phone, and tattoos are not cheap.

It's a cycle, and it will cycle back to growth

You don't need your retirement funds all at once, you draw out an income and the rest stays invested. Markets will rise and fall over the years.

The markets were inflated and I think everyone enjoyed it, but most knew it would correct.

I was retired and went back to work. I will work perhaps to 70, because I want to, and I can jump out at any time. Old Age Security comes regardless at 65 but I decided to take my government pension and invest it. It won't put me in the next tax bracket. I don't intend to draw out my retirement funds until 70, so that's five years from now. The markets and interest rates will change along the way. It only matters in year five.

"hearing" stagflation could go on for years is opinion, and opinions are like keesters .... everyone has one

If the Fed got caught short, who actually knows what will happen?

[hendrixfreak70]

Been out. Hope it implodes.

[LtGoose]

Lost $2k in 5 minutes yesterday thanks to the market

I'm riding this elevator all the way down

[keyboardworkout]

I think Powell is going to pivot come the November 1-2 meeting. This will cause a major rally.

That's when you get out.

[startingat56]

FWIW

Gold may never see $1800.00 again .... well not for a long time

Expect crypto hacks to explode

[mtpockets]

When I was a young pup, I played in the stock market. Made a few bucks, had a few older colleagues that did very well with stocks. I told them my goals and asked for their advice. They said, Son forget stocks, buy real estate especially land, they aren't making any more of it.

Best damn advice I ever received. Never lost a penny.

[IronCharles]

When I was a young pup, I played in the stock market. Made a few bucks, had a few older colleagues that did very well with stocks. I told them my goals and asked for their advice. They said, Son forget stocks, buy real estate especially land, they aren't making any more of it.

Best damn advice I ever received. Never lost a penny.

100% this. Just don't buy in an area that the government may claim as eminent domain in the future. Unless of course, you can buy slum parcels in the path of that new freeway expansion.

[NotJtbny]

Lost $2k in 5 minutes yesterday thanks to the market

I'm riding this elevator all the way down

Stop playing 0DTE options.

When I was a young pup, I played in the stock market. Made a few bucks, had a few older colleagues that did very well with stocks. I told them my goals and asked for their advice. They said, Son forget stocks, buy real estate especially land, they aren't making any more of it.

Best damn advice I ever received. Never lost a penny.

I'd sooner invest in a real estate ETF. No overhead

OP - LOL sure I think selling low is a great idea. Heres the thing - if the market imploded we'd all be fuked anyhow. If your horizon is 10 years and beyond I'd ignore whats happening now (you're close with 9 if 65 is the age of retirement) If anything cost averaging down is the play.

For me I started selling put options on Friday (NVDA and DIS) about 10% below their current price. Im hoping to get assigned on both at those prices. If my 401k wasn't already maxed out for the year I'd be elated to load up right now. In fact I hope it falls more early next year so I can take advantage.

I'd say we are in the buy the dip phase right now...unless you're in crypto because thats a scam.

[Fishman15]

Stop playing 0DTE options.



If your horizon is 10 years and beyond I'd ignore whats happening now (you're close with 9 if 65 is the age of retirement) If anything cost averaging down is the play.

What about a 4 month to 4 year horizon?

[NotJtbny]

What about a 4 month to 4 year horizon?

Not sure I'd sell right now unless you need the money. If you do you could invest in govt bonds which are paying 9% right now (the interest will adjust soon) and could end up with a full year of interest at about 7%. Besides that there really isnt a "safe haven" for cash right now that will outpace inflation.

4 years I'd still be cost averaging down if possible. Look at the history of markets after a recession. They have always bounced back hard.

But right now selling, IMO, is an awful idea.

[mtpockets]

I'd sooner invest in a real estate ETF. No overhead

Wasn't a thing in the 70's and 80's that I am aware of.

[Tommy W.]

It was time 6 months ago. I’m just sitting on cash now and may just stay there.

[NorwichGrad]

Hearing stagflation could go on for years. Neither stocks or bonds will be safe. Getting too old and too close to retiring for this chit...

The monetary system will soon collapse.

[NorwichGrad]

I'd say we are in the buy the dip phase right now...unless you're in crypto because thats a scam.

99% of cryptos are scam $hitcoin. That's a fact.

Once the SEC passes laws and regulations, the remaining 1% will be used to power CBDC. The key is identifying the cryptos with utilities versus the majority of scams. Over 90% of scam cryptos will disappear after regulations.

[NotJtbny]

99% of cryptos are scam $hitcoin. That's a fact.

Once the SEC passes laws and regulations, the remaining 1% will be used to power CBDC. The key is identifying the cryptos with utilities versus the majority of scams. Over 90% of scam cryptos will disappear after regulations.

They need to because they cast a shadow on the legit useful ones. But you cant spell crypto without cry

Wasn't a thing in the 70's and 80's that I am aware of.

Not sure but even if it was it was likely only available to a "select few". Nowadays its a great way to get exposure to real-estate without the headaches of owning the properties. I caught a blurb about Bezos and a few others starting something very similar coming up. Once I see more details I'll have an opinion but the news got me interested.

[mtpockets]

They need to because they cast a shadow on the legit useful ones. But you cant spell crypto without cry



Not sure but even if it was it was likely only available to a "select few". Nowadays its a great way to get exposure to real-estate without the headaches of owning the properties. I caught a blurb about Bezos and a few others starting something very similar coming up. Once I see more details I'll have an opinion but the news got me interested.

I agree, it's probably the way to go. I have been out of the game for over 2 decades and have zero plans of re entering. My priorities have changed from making money to spending it lol

[NotJtbny]

I agree, it's probably the way to go. I have been out of the game for over 2 decades and have zero plans of re entering. My priorities have changed from making money to spending it lol

You and my wife have the same priorities

[mtpockets]

You and my wife have the same priorities

ha ha... You got a good woman JT

[Bando]

I’m just sitting on cash now and may just stay there.

Did you see the Walking Dead episode where some guy was scooping up cash and they were all just kind of looking at him like he was an idiot?

Hurricane Katrina was kind of like that, no one but dead or soon to be dead looters cared about cash, diamonds, gold or anything like that. Batteries, bottled water, medicine, gas and food might be good to sit on as well.

[Cantplankwell]

I am keeping what little I have in stocks; MCD (since 2009/10), and some ETFs....in.

about 50% of our cash is going into a GIC ladder, (in the USA GIC=CDs).

The rest of the cash some USD and the rest CAD is sitting on the sidelines waiting for opportunity. I know you should not time the market, but when you run out of time in the market it could be a strategy. Stocks are still overvalued.

[NotJtbny]

Stocks are still overvalued.

Hmm, all stocks? I'd argue many are undervalued at this point or at the very least many are now fairly valued. Sure, we could point to the meme stocks like GME/AMC/BBY and put them in the WTF bucket, however, there are many others that are now trading below the industry price/earnings average in their segment.

Money to be made in all types of markets if one is not looking at the market and painting with such a broad brush. Jut take a look at the types of purchases Berkshire is making to get an idea. I do believe the pain isn't over though and for what I trade (options) I'm hopping in and out based on the macro environment.

Be fearful when others are greedy, and greedy when others are fearful.

-Warren Buffett Michael Scott

[tripod29]

Never getting out. Sell me your stonks op.