- 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
Is Sell in May and Go Away a good strategy for this year?
Posted on 5/7/21 at 11:35 am
Posted on 5/7/21 at 11:35 am
I'm 65 and recently retired. I have some money in 60-40 stocks to bonds investments, and some money invested more aggressively in the stock market. My financial advisor is bullish on the market and thinks I should leave it alone.
But I'm thinking about taking the money that is more heavily in stocks and letting it sit in a capital preservation fund until the Fall.
Thoughts?
But I'm thinking about taking the money that is more heavily in stocks and letting it sit in a capital preservation fund until the Fall.
Thoughts?
5
Posted on 5/7/21 at 11:59 am to L.A.
Why fall? What's happening then?
Posted on 5/7/21 at 12:00 pm to L.A.
Depends on your goals and your other lines of income.
Posted on 5/7/21 at 12:00 pm to L.A.
Overall market is bullish. S&P will likely post gains for May so I'd leave it alone.
Posted on 5/7/21 at 12:04 pm to Bestbank Tiger
quote:I don't need any of the money for now. It's strictly for the future.
Depends on your goals and your other lines of income.
Posted on 5/7/21 at 12:05 pm to JimMorrison
quote:Thanks.
Overall market is bullish. S&P will likely post gains for May so I'd leave it alone.
Posted on 5/7/21 at 12:06 pm to L.A.
quote:
But I'm thinking about trying to time the market.
Fify
Posted on 5/7/21 at 12:08 pm to L.A.
quote:
don't need any of the money for now. It's strictly for the future.
In that case I'd just hang on. You could cash in but you don't know when or how big the next dip will be. And if inflation kicks in, you don't want to be in cash.
Other possibilty is to liquidate non dividend stocks with limited upside and put the proceeds into stocks with high yields.
Posted on 5/7/21 at 12:10 pm to L.A.
I'd be more concerned with the 40% in bonds losing value as interest rates rise.
Posted on 5/7/21 at 12:13 pm to TorchtheFlyingTiger
quote:I am concerned about that.
I'd be more concerned with the 40% in bonds losing value as interest rates rise.
Posted on 5/7/21 at 12:19 pm to L.A.
60/40 is a pretty conservative allocation especially if you don't need the $ anytime soon. It's in line with traditional retiree advice but if you don't need the $ thats not typical.
(caveat: Without knowing the relative size of your more aggressively invested stock position I don't know what your overall allocation is)
(caveat: Without knowing the relative size of your more aggressively invested stock position I don't know what your overall allocation is)
Posted on 5/7/21 at 12:21 pm to TorchtheFlyingTiger
quote:
be more concerned with the 40% in bonds losing value as interest rates rise.
wutang was recommending bonds
brutal
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News