Posted by
Message
MrLSU
Harvard Fan
Paris, Lake Como, Val d'isere
Member since Jan 2004
22902 posts

Anyone thinking of exiting the market for a few months?

I’m seriously thinking about pulling my money out and parking it into mmf because we are very likely to see to massive downturn in the market that rivals 2008.

The foreclosure numbers are really moving into historic ranges once again too.


UltimaParadox
Alabama Fan
Huntsville
Member since Nov 2008
32789 posts

re: Anyone thinking of exiting the market for a few months?
The obvious answer is no and my advice is don't do it.

But based on your post, I'm sure you will time the market perfectly.


Replies (0)
Replies (0)
431
Shepherd88
Member since Dec 2013
4154 posts

re: Anyone thinking of exiting the market for a few months?
quote:

The foreclosure numbers are really moving into historic ranges once again too


We’re not even close to 2019 foreclosure levels yet. Lol


Replies (0)
Replies (0)
75
Bestbank Tiger
LSU Fan
Premium Member
Member since Jan 2005
66031 posts

re: Anyone thinking of exiting the market for a few months?
quote:

pulling my money out


Sell low? Bold strategy Cotton.


buffbraz
LSU Fan
Member since Nov 2005
5579 posts

re: Anyone thinking of exiting the market for a few months?
Meet Bob, the world’s worst market timer……. LINK



slackster
Stanford Fan
Houston
Member since Mar 2009
79357 posts

re: Anyone thinking of exiting the market for a few months?
quote:

we are very likely to see to massive downturn in the market that rivals 2008.


Why?


Replies (0)
Replies (0)
21
hombreman9
New Orleans Saints Fan
USA
Member since Feb 2009
3708 posts

re: Anyone thinking of exiting the market for a few months?
My experience with this - I called the top in early 2020. Went 100% cash. Made a big post about it here. Didn’t buy back in in time and basically broke even, ending up where I would have been if I had just stayed invested. Not advice, just saying it may not work out like you think it will.


iAmBatman
USA Fan
The Batcave
Member since Mar 2011
12382 posts

re: Anyone thinking of exiting the market for a few months?
quote:

I’m seriously thinking about pulling my money out and parking it into mmf because we are very likely to see to massive downturn in the market that rivals 2008.






quit watching cable news


Replies (0)
Replies (0)
104
notiger1997
Metairie
Member since May 2009
53792 posts

re: Anyone thinking of exiting the market for a few months?
I’ve been in all cash since 2009 waiting for the bottom.


Replies (0)
Replies (0)
761
Hussss
Auburn Fan
Living the Dream
Member since Oct 2016
6437 posts

re: Anyone thinking of exiting the market for a few months?
quote:

The foreclosure numbers are really moving into historic ranges once again too.


There will continue to be a nice cash bid in the housing market due to inflation / possible hyperinflation.

This is NOT 2008 deflationary style collapse


Replies (0)
Replies (0)
42
TD SponsorTD Fan
USA
Member since 2001
Thank you for supporting our sponsors
Advertisement
SulphursFinest
LA-Lafayette Fan
Lafayette
Member since Jan 2015
6470 posts
 Online 

re: Anyone thinking of exiting the market for a few months?
You’re a little late


Replies (0)
Replies (0)
120
Turftoe
New Orleans Saints Fan
Denver
Member since Mar 2016
3399 posts

re: Anyone thinking of exiting the market for a few months?
buy some SQQQ calls


Replies (0)
Replies (0)
30
FLObserver
LSU Fan
Jacksonville
Member since Nov 2005
12706 posts

re: Anyone thinking of exiting the market for a few months?
Weak hands. Don't let these bears scare you. Just have some cash on the sidelines and buy some great stocks when they down like 15 or 20 bucks a share. I've bought a few today and if they drop 15 or 20 next week will buy then. Got a couple stocks i want but hoping they drop a little lower,BLK, so i can pull the trigger. Days like today help
This post was edited on 8/26 at 1:29 pm


Replies (0)
Replies (0)
21
Triple Bogey
LSU Fan
19th Green
Member since May 2017
5483 posts

re: Anyone thinking of exiting the market for a few months?
I've been sitting at 20% cash since January. I'll just wait until we head back down closer to those June lows if we ever get there and start buying. If not, I'll average up. Only thing I'm down big on is my Disney position right now


FLObserver
LSU Fan
Jacksonville
Member since Nov 2005
12706 posts

re: Anyone thinking of exiting the market for a few months?
quote:

Only thing I'm down big on is my Disney position right now

Own DIS, UPST and PYPL and not in a good way so glad i could make you feel a little better
This post was edited on 8/26 at 1:44 pm


Triple Bogey
LSU Fan
19th Green
Member since May 2017
5483 posts

re: Anyone thinking of exiting the market for a few months?
quote:

UPST and PYPL


This post was edited on 8/26 at 1:57 pm


Replies (0)
Replies (0)
40
Aubie Spr96
Utah Fan
lolwut?
Member since Dec 2009
38329 posts

re: Anyone thinking of exiting the market for a few months?
CNBC Guest Nails It

quote:

"There's been a Caligula level of decadence when it comes to fiscal and monetary policy and the idea that we can unwind all of this with a soft, gentle landing seems a little unrealistic."


I don't know what's coming, but I know it isn't good. The Federal Reserve has been artificially inflating the market since 2008. That, coupled with poor fiscal policy, has us in a really bad spot that I'm not sure they can manage.

I'll never understand why the naysayers get downvoted on this board as much as they do? It's just a differing opinion.


eng08
LSU Fan
Member since Jan 2013
5877 posts

re: Anyone thinking of exiting the market for a few months?
Paid 7k for 75k of downside protection, options expire end of October.

My big question to myself is was I too early? Maybe, but I’ll likely buy some end of year options as well.


Replies (0)
Replies (0)
00
sawtooth
LSU Fan
Baton Rouge
Member since Jul 2017
3588 posts

re: Anyone thinking of exiting the market for a few months?
Out since February of this year other than a few energy stocks.

It’s your money. Do as you wish.



sawtooth
LSU Fan
Baton Rouge
Member since Jul 2017
3588 posts

re: Anyone thinking of exiting the market for a few months?
quote:

I'll never understand why the naysayers get downvoted on this board as much as they do? It's just a differing opinion.


We must all think alike. Clearly you are an idiot if you don’t have the same opinion as me.


Replies (0)
Replies (0)
53
first pageprev pagePage 1 of 4next pagelast page

Back to top

logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram