- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: How much cash do u keep on hand in ur 401k in event market goes to shiit? 75%/25% with 25%
Posted on 8/17/24 at 5:49 pm to Bestbank Tiger
Posted on 8/17/24 at 5:49 pm to Bestbank Tiger
0% of my retirement account and that’s manage by professionals for free to me as a perk of my job. I keeps 0 in my fun money market account but add weekly to buy every Tuesday. I do have 6 months of expenses in an emergency fund drawing 4.25% interest
0
Posted on 8/17/24 at 6:54 pm to SuckerPunch
0%
Posted on 8/17/24 at 6:58 pm to Joshjrn
quote:
Except that the random big up days vastly outstrip the bad days.
I also laugh at the people waiting months/years for the day bad enough to jump in.
Congrats, you almost certainly entered at a price that is MUCH higher than the asset was when you began "waiting"
Posted on 8/17/24 at 8:02 pm to SuckerPunch
0%
Posted on 8/17/24 at 8:08 pm to bigjoe1
quote:
I'm about 30% cash for buying opportunities.
So, has 30% of your investment capital has missed out on this bull market since March of 2020 with the exception of one brief period from September - October 2022?
Posted on 8/17/24 at 9:02 pm to SuckerPunch
401(k), IRAs, near zero. Play money trading account, it was 30% or so. During the Nikkei losses a few weeks ago (on a Sunday US time), I did put in a couple of market limit orders that brought that down to under 5%. If there's going to be a panic, I want money available to buy into that panic.
Posted on 8/17/24 at 9:14 pm to JohnnyKilroy
quote:
I also laugh at the people waiting months/years for the day bad enough to jump in. Congrats, you almost certainly entered at a price that is MUCH higher than the asset was when you began "waiting"
My FIL sat out nearly the entire Obama administration, certain that the bottom was going to fall out at any moment. First it was a dead cat bounce, then it was unrealistic optimism, then and then and then.
Emotional investing, and especially politically emotional investing, will cause nothing but heartache. Just stick your money in the black box and see what the black box spits out three or four decades later
Posted on 8/18/24 at 6:18 am to go ta hell ole miss
quote:
So, has 30% of your investment capital has missed out on this bull market since March of 2020 with the exception of one brief period from September - October 2022?
No. I'm 71 years old and have both an IRA rollover and a personal account. I'm a reasonably active trader and not looking for massive declines like the examples you mentioned. The vast majority of my holdings are in mutual funds I've had for decades. When the overall market drops for no really good reason like a couple of weeks ago or some individual stocks appear to be a buy I'll jump in. A lot of times I'll short out of the money puts.
In the ex. I mentioned, I bought AMZN at $166, C at $56 {sold some of it at $61 Friday} Bought DPST at $78 and liquated half at $90 and sold some DPST puts with an 80 strike that expire on 8/23.
Sometime last spring I picked up XOM at $97 and some change and still have it.
Posted on 8/18/24 at 7:10 am to bigjoe1
Although not possible in most 401Ks, what you’re doing with your IRA and brokerage cash (swing trading equities and selling options to generate returns on “idle cash”) is exactly what can be done to boost overall returns - especially premium selling.
The type of conservative options trading, that we both do, does not require advanced knowledge of the options market (as some believe). And while nothing in life is guaranteed, one can reasonably expect 10%+ returns on capital at risk, if a dedicated strategy is followed over time (especially when IV is relatively high, like 20+).
Great post!
The type of conservative options trading, that we both do, does not require advanced knowledge of the options market (as some believe). And while nothing in life is guaranteed, one can reasonably expect 10%+ returns on capital at risk, if a dedicated strategy is followed over time (especially when IV is relatively high, like 20+).
Great post!
Posted on 8/18/24 at 9:19 am to Joshjrn
quote:
I’ll concern myself with “market timing” by starting to move from 100% equity once I’m within a decade of retirement
I probably won't reduce my exposure until 5 years from retirement. Even in 2008 the market recovered in a year or two. I'm 46 and 100% stocks.
Posted on 8/18/24 at 10:30 am to SuckerPunch
0. My company manages it and I am all gas and no brakes.
Posted on 8/18/24 at 12:38 pm to SuckerPunch
0%
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News