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re: Dow above 40,000. Are you doing anything different?

Posted on 5/20/24 at 8:19 pm to
Posted by kaaj24
Dallas
Member since Jan 2010
801 posts
Posted on 5/20/24 at 8:19 pm to
Riding the waves. Expecting a pullback at some point. Not smart enough to time market.

Time in the market is my jam.
Posted by Big Scrub TX
Member since Dec 2013
37079 posts
Posted on 5/20/24 at 9:12 pm to
quote:

Are you doing anything different?
One thing that seems different is way less threads on this board complaining about being "down under Biden".
Posted by AUCE05
Member since Dec 2009
43798 posts
Posted on 5/20/24 at 9:49 pm to
I'll never sell my voo and qqqm. It just goes up.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82295 posts
Posted on 5/20/24 at 9:55 pm to
[quote]I'll never sell my voo [/quote

just like SPY keeps going up.
Posted by evil cockroach
27.98N // 86.92E
Member since Nov 2007
8423 posts
Posted on 5/21/24 at 6:43 am to
quote:

Dow above 40,000. Are you doing anything different?
no
Posted by Junky
Louisiana
Member since Oct 2005
8865 posts
Posted on 5/21/24 at 7:26 am to
I’ve been small caps and vtsax to tilt more on the small side.

Current 100% vtsax but will slowly buy small cap etfs again as they’ve underperformed lately (iirc).

Overall not changing.
Posted by SouthPlains
Member since Jul 2023
969 posts
Posted on 5/21/24 at 7:37 am to
Max 401k
Max Roth
Max HSA
Throw a bunch in my kid’s 529
Anything left over, stick it in a brokerage account.

All broad market index funds / ETFs of varying flavors. I’m just too lazy and not smart enough to do it any other way.
Posted by UpstairsComputer
Prairieville
Member since Jan 2017
1746 posts
Posted on 5/21/24 at 9:21 am to
I cashed everything out and spread all $12,000 all over my bed. The wife was not amused.
Posted by Ccssp1
Member since Mar 2024
80 posts
Posted on 5/21/24 at 3:39 pm to
Setting stop less orders. 190 for Apple, 330 for Cigna. Selling calls for 20% of about a third of my stocks
Posted by Big Scrub TX
Member since Dec 2013
37079 posts
Posted on 5/21/24 at 3:49 pm to
quote:

Selling calls for 20% of about a third of my stocks
Do you find vol to be mispriced?
This post was edited on 5/22/24 at 10:11 am
Posted by LSUSports247
Member since Apr 2007
862 posts
Posted on 5/21/24 at 3:50 pm to
Bought a few more TSLA shares yesterday up 6% today. Hopefully it runs up to $200+ soon.
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 5/22/24 at 8:29 am to
quote:

Setting stop less orders. 190 for Apple, 330 for Cigna.


Pretty tight stops. I’m assuming these are swing trades and not investment positions?
Posted by slackster
Houston
Member since Mar 2009
89931 posts
Posted on 5/22/24 at 7:26 pm to
Dow is back below 40k. Resume whatever activity you arbitrarily stopped a couple days ago.
Posted by TrigSwig
Member since May 2024
331 posts
Posted on 5/22/24 at 10:49 pm to
No....Trump will win. Stock Market hasn't factored that in yet. When it does, expect a YUGE rally. Full speed ahead.
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82295 posts
Posted on 5/22/24 at 10:52 pm to
im buying more shares of VOO soon. have a limit order pending
Posted by Rize
Spring Texas
Member since Sep 2011
17437 posts
Posted on 5/23/24 at 12:03 am to
I just keep buying CTAS. It’s done pretty good over the last few years and just announced a 4 to 1 spilt.
Posted by Nole Man
Somewhere In Tennessee!
Member since May 2011
8066 posts
Posted on 5/23/24 at 9:13 am to
Thoughts...

Not really, but for most it really depends on your stage of your career in terms of investment vehicles, amounts etc. People closer to retirement age tend to avoid significant positions in the market out of fear of a correction and not being able to recover if it happens. They'll diversify into things like variable rate annuities, rebalancing their portfolios to more fixed rate investments vs. stocks etc.

I've tried to mitigate risk of a market correction by:

Avoiding the market through acquiring rental property. You have to have a "landlord's mindset" to do this though.

Moved some of our IRA money into variable annuities which provide a death benefit and guaranteed minimum income options. The payout (which we haven't collected on yet) is indexed.

Always investing something on a set frequency (i.e. monthly). Dollar cost average (your contributions say monthly, reinvesting dividends/capital gains etc.). This includes payroll deductions:

Contributing to 401k monthly (if you have it) to at least the employer match (in our case 6% employer match).

Contribution to keeping a cash reserve at around 6 months expenses.

If extra money is available to invest, primarily at this point the JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) fund (Yields around 8.79%).

This post was edited on 5/23/24 at 9:36 am
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82295 posts
Posted on 5/23/24 at 10:40 am to
quote:

PMorgan Nasdaq Equity Premium Income ETF (JEPQ) fund (Yields around 8.79%).



not bad.

i am making a killing using this. basically a 16% dividend. zero capital loss also. i got in at the right time.

LINK
This post was edited on 5/23/24 at 10:41 am
Posted by Fat Bastard
2024 NFL pick'em champion
Member since Mar 2009
82295 posts
Posted on 5/23/24 at 10:45 am to
quote:

I just keep buying CTAS


holy shite. that stock price is through the roof.

nice growth since october

LINK
Posted by Ccssp1
Member since Mar 2024
80 posts
Posted on 5/25/24 at 1:29 am to
I have a habit of trying to earn premium with about 20% of my biggest holdings. 80% I never touch, unless I’m permanently liquidating or starting a position. 20% is used to take profit, earn premium, buy back in after a downturn, etc. I wish I could claim to have a strict system to share but I think the key to the success I have had is more due to the fact that I have chosen good quality stocks rather than my method of investing
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