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Posted: 4/20/2024 11:08:49 AM EDT
[Last Edit: SkiandShoot]
Anyone deploying dry powder on the S&P500 right now as it dips down? Or are you holding strong?

Considering making a move but rebuilding my reserves post previous deployments in a few investments.

Any perspectives or plays the next 3 months, 6 months, post election? Anyone willing to share strategy or current thoughts?
Link Posted: 4/20/2024 11:31:53 AM EDT
[#1]
Markets don't care about elections.

Nobody has the crystal ball.

Always be DCAing.
Link Posted: 4/20/2024 11:40:26 AM EDT
[#2]
Link Posted: 4/20/2024 2:15:58 PM EDT
[#3]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By NemesisMind:


Always be DCAing.
View Quote


This.

Stop trying to time the market. It never works.

Link Posted: 4/20/2024 9:49:55 PM EDT
[#4]
always.
be.
buying.
Link Posted: 4/20/2024 11:39:14 PM EDT
[#5]
Time in the market is more important than timing the market. Either dump it all in now, or DCA in in over the next several months.
Link Posted: 4/21/2024 12:14:40 PM EDT
[#6]
Now that we got the dave Ramsey’ers out of the way, anyone watching a few key indicators or cycles to deploy dry powder?

Curious anyone pressing interest rates vs consumer debt?
Link Posted: 4/21/2024 2:12:46 PM EDT
[#7]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SkiandShoot:

Now that we got the dave Ramsey'ers out of the way, anyone watching a few key indicators or cycles to deploy dry powder?

Curious anyone pressing interest rates vs consumer debt?
View Quote
Dry powder IS timing the market.
Link Posted: 4/21/2024 2:18:20 PM EDT
[#8]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Sartorius:
Dry powder IS timing the market.
View Quote View All Quotes
View All Quotes
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Sartorius:
Originally Posted By SkiandShoot:

Now that we got the dave Ramsey'ers out of the way, anyone watching a few key indicators or cycles to deploy dry powder?

Curious anyone pressing interest rates vs consumer debt?
Dry powder IS timing the market.


Exactly, I continually dump money in as it becomes available. I don't let it build up in a low interest savings account or something.
Link Posted: 4/21/2024 4:56:24 PM EDT
[Last Edit: Waldo] [#9]
Link Posted: 4/21/2024 6:29:12 PM EDT
[Last Edit: SkiandShoot] [#10]
I'm DCA'ing ~$2k every two weeks into VFIAX. (retirement accounts through work).

Meanwhile, extra income is going into VMFXX for dry powder and supporting and deeping bridge accounts.  
Occasionally I'll buy VWUAX during a dip.
Occasionally I'll buy AMZN, PLTR, NVDA during a dip.

I've unfortunately become too weighted in the total portfolio (stocks) OR the Mutual Funds are underweighted depending on perspective.
Mutual Funds: 66.2%
Individual Stocks: 15.9%
Off-market pre-ipo private held in an SPV: 9.7% +1.9%
Cash: 6.3%

Remember the goal is 20% growth so just looking for anyone else who is eyeing the cycle of S&P500 in the coming 9-12 months.

Or do I not care that the MF's are only 66.2% of the portfolio? I guess that is the real question.



Link Posted: 4/21/2024 8:56:34 PM EDT
[#11]
ABB.

Dollar cost average.
Link Posted: 4/21/2024 11:14:10 PM EDT
[Last Edit: Speedwinder] [#12]
Mostly just sitting on approximately 65/35 stocks/CD's, cash, t-bills.

Riding the DRIP on my stocks, waiting for better times.
Link Posted: 4/22/2024 6:53:21 AM EDT
[#13]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Waldo:
YTD SP500 is what, 4.1 ish%?

It's not beating cash/mmf at the moment.

I'm about 10% cash right now because my chips dropped through their stops a while back.  It's not as much of an issue having cash at these rates today.

View Quote



its not for the moment.
its for the future.
Link Posted: 4/22/2024 12:36:57 PM EDT
[#14]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:
Mostly just sitting on approximately 65/35 stocks/CD's, cash, t-bills.

Riding the DRIP on my stocks, waiting for better times.
View Quote



Just a question, what’s your time horizon? Have a plan for financial buckets or other approach?

Just curious. I’m 1,725 trading days out. Different perspectives are important.
Link Posted: 4/22/2024 1:44:18 PM EDT
[#15]
Sell in May and go away.  I’m waiting
Link Posted: 4/22/2024 2:51:09 PM EDT
[#16]
I am retired and am keeping a close eye on it.  My FLAIX and FLTIX are down a couple of percent, but my FSELX, FSPTX, FBTC and HOOD are up.  Overall, it is down about 1% YTD so it is balancing out so far.
Link Posted: 4/22/2024 3:14:59 PM EDT
[#17]
S&W 500 is awesome! Recoils a tad. I say FO, OP
Link Posted: 4/22/2024 3:32:46 PM EDT
[Last Edit: Speedwinder] [#18]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By SkiandShoot:



Just a question, what’s your time horizon? Have a plan for financial buckets or other approach?

Just curious. I’m 1,725 trading days out. Different perspectives are important.
View Quote


Time horizon is "not too much left". Retired for over 10-years, no debts for years and none anticipated in the future. Yearly average income from stocks, t-bills and CD's growing in excess of needs.

Will be taking IRA RMD's soon. Will probably buy more CD's. That's the extent of my plan. Simple plan for a simple guy I guess.

Eventually dying the richest man on my block is a good thing?
Link Posted: 4/22/2024 4:29:17 PM EDT
[#19]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Waldo:
YTD SP500 is what, 4.1 ish%?

It's not beating cash/mmf at the moment.
View Quote


Not sure that's the best comparison 1-year MM yield vs <4 months (ytd) of mutual fund growth? 4 months of MM (annual yield 5.3%) is only about 1.77% (easy math so need to add for compounding)

I did some buying last week, OP. I had a chunk of money that I failed to get in the market early in the long steady rise it's been on, and been trying to time a buy... but it went up >15% since then. I should have just bought when I got the money and not tried to time it. It's ok because it's long-term money, though.
Link Posted: 4/22/2024 10:42:40 PM EDT
[#20]
Currently comfortable with where my core positions are.

I have a handful of stocks that I’m very bullish on for a 1-2 year time horizon. Excess cash is being used to sell deep out of the money cash secured puts on those stocks. Collecting premium on the options while the cash securing the puts sits in SPAXX (Fidelity) and makes around 5% on its own.
Link Posted: 4/23/2024 9:30:13 AM EDT
[Last Edit: Speedwinder] [#21]
My top five currently:

VGT
SPY
SMH
VUG
MGK

This is not a recommendation.

They have a combined 10-year return average that is very good. As with most any stocks/ETF's, they have good years and not so good years.

The most recent new to me stocks are LLY and AMZN. These look promising long-term.

Mostly just waiting right now.
Link Posted: 4/26/2024 9:47:20 AM EDT
[#22]
Thank you guys for the input and perspective.

Pulled the trigger yesterday and again today on two blocks of S&P500.

Really driven by my ratios being off and too individual stocks and cash heavy for my time horizon. As well as the current dip :)


Link Posted: 4/26/2024 9:55:49 AM EDT
[#23]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Speedwinder:
My top five currently:

VGT
SPY
SMH
VUG
MGK

This is not a recommendation.

They have a combined 10-year return average that is very good. As with most any stocks/ETF's, they have good years and not so good years.

The most recent new to me stocks are LLY and AMZN. These look promising long-term.

Mostly just waiting right now.
View Quote

VGT
SCHD
VOO
O

I think O is undervalued right now otherwise I wouldn't be playing in it.
Link Posted: 4/26/2024 10:42:08 AM EDT
[Last Edit: Speedwinder] [#24]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By Silverbulletz06:

VGT
SCHD
VOO
O

I think O is undervalued right now otherwise I wouldn't be playing in it.
View Quote


I have owned O off and on for several years with good success. I haven't owned it for some time, but will take another look!
Link Posted: 4/30/2024 6:56:41 AM EDT
[#25]
Sweet scooping of the dip since the beginning of this thread!

Similar to the TSLA thread by killerB, smaller scale but still.  Folks are making money.
Link Posted: 5/1/2024 4:26:56 PM EDT
[#26]
Everything goes into Money Market cash now. Waiting to see if the market resumes back up in June.

Link Posted: 5/1/2024 5:04:19 PM EDT
[#27]
Discussion ForumsJump to Quoted PostQuote History
Originally Posted By hkusp:
Everything goes into Money Market cash now. Waiting to see if the market resumes back up in June.

https://i.postimg.cc/x8KqhRDv/June-thru-December-rally.jpg
View Quote


Same. Fed to hold rates into foreseeable future means down or sideways action for a while. Been holding what I have in VOO through thick and thin (since '92 ) but not adding more at these heights.  5+% return on cash makes the wait tolerable.
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