St. Louis Bob
Footballguy
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Time to buy was a week ago. Cliff will be resolved tonight, and the market will continue to run tomorrow. Going to be a great 2013 in the markets. Enjoy the ride!What's the feeling here to start the year....anyone looking to buy if we see a pullback if "Fiscal Cliff" isnt resolved tonight?
is this on all your money? just your actively managed money? retirement money? I'm definitely glad to see you performed well, but if it was your active managed money you'd have been better off just buying SPY at the beginning of the year and never making a single trade.
Just my 401k,so limited options. Those numbers don't include dividends either for some reason. I have a financial planner manage my IRA and then of course there's my brokerage account with individual stocks.is this on all your money? just your actively managed money? retirement money? I'm definitely glad to see you performed well, but if it was your active managed money you'd have been better off just buying SPY at the beginning of the year and never making a single trade.
how did your brokerage account do for the year?'St. Louis Bob said:Just my 401k,so limited options. Those numbers don't include dividends either for some reason. I have a financial planner manage my IRA and then of course there's my brokerage account with individual stocks.'Dentist said:is this on all your money? just your actively managed money? retirement money? I'm definitely glad to see you performed well, but if it was your active managed money you'd have been better off just buying SPY at the beginning of the year and never making a single trade.'St. Louis Bob said:
My brokerage account got hammered because I gambled and lost early in the year on FAZ and TZA. Drastically changed my philosophy since then. Went with a CFP with my IRA because it just became so much money and I didn't want to #### up. I did very well with it though. Not sure what my 2012 YTD return is but I met with him in October and since I started with him in 2003 There has been a 74% return. I haven't given him any more money either so he didn't have the advantage of averaging down other than just not going all in and keeping some money on the sidelines.how did your brokerage account do for the year?'St. Louis Bob said:Just my 401k,so limited options. Those numbers don't include dividends either for some reason. I have a financial planner manage my IRA and then of course there's my brokerage account with individual stocks.'Dentist said:is this on all your money? just your actively managed money? retirement money? I'm definitely glad to see you performed well, but if it was your active managed money you'd have been better off just buying SPY at the beginning of the year and never making a single trade.'St. Louis Bob said:
i hear ya on the 401k.. limited options. mine is just full of mostly index and an active international fund.
Why do you have a financial planner for your IRA since you're pretty well versed in the market? Is that the lions share of your money? just seems like someone obviously market gifted like you could either actively manage it better, or just pick a bunch of low cost index ETFs and rebalance occasionally
This is just my general opinion.What I have found to be most critical to success is entering positions EARLY in their trend.I want to increase foreign exposure now, believing those markets could outperform US because they are farther behind in their recoveries. I’ll probably start buying GXC soon (China ETF). Also looking at RISCX, a small cap Europe fund.
http://quote.morningstar.com/fund/f.aspx?t=RISCX
Anyone have other ideas in this area?
Thanks for this! I did drag my feet acting on the rebound in China and am late to the party. But, fundamentally, I believe there is more growth ahead, without expecting a repeat of the 4th quarter . The last couple of days have been strong, so I have been reluctant to enter, as I will inevitably buy the day before a pullback.If we take GXC as an example...in the past year it has gained 18%, but in the past 3 months it has gained 16%. So pretty much all of the past years gains have occurred in the past 3 months. If we accept that gains on a trend do have a limit, we might want to consider that in the case of GXC that we've already seen the majority of gains on this particular trend. That's not to say GXC isn't going higher. The trend is still quite bullish. But rather the longer you wait to enter into a new bull trend the less your profit potential is, and the greater your chance of loss.
The good news about GXC is that it would be considered a strong etf in a strong sector, and the overall market trend right now is bullish. So you do have that going for you. In no way am I suggesting you do not go long GXC. Rather that by taking on the position after it has been in an extended trend will require more vigilance on your part, because in no way can you allow a winner to become a loser.
Here's a chart
GXC Chart
Might I suggest you examine Emerging Asia. Because China would probably pull these along, and you might be able to enter some at a better point in their trend. As an example I went long VNM on Dec 10th when the PI flipped Bullish- mentioned on Twitter at the time. Here's that chart.VNM ChartThanks for this! I did drag my feet acting on the rebound in China and am late to the party. But, fundamentally, I believe there is more growth ahead, without expecting a repeat of the 4th quarter . The last couple of days have been strong, so I have been reluctant to enter, as I will inevitably buy the day before a pullback.If we take GXC as an example...in the past year it has gained 18%, but in the past 3 months it has gained 16%. So pretty much all of the past years gains have occurred in the past 3 months. If we accept that gains on a trend do have a limit, we might want to consider that in the case of GXC that we've already seen the majority of gains on this particular trend. That's not to say GXC isn't going higher. The trend is still quite bullish. But rather the longer you wait to enter into a new bull trend the less your profit potential is, and the greater your chance of loss.
The good news about GXC is that it would be considered a strong etf in a strong sector, and the overall market trend right now is bullish. So you do have that going for you. In no way am I suggesting you do not go long GXC. Rather that by taking on the position after it has been in an extended trend will require more vigilance on your part, because in no way can you allow a winner to become a loser.
Here's a chart
GXC ChartBut I think I have to just start averaging in given the trend. By the way, for anyone looking at this area, I am going with GXC over the better-known FXI because of broader diversification and lower expenses.
Emerging Markets have lagged behind developed markets for 3 years now. I agree that they are due to rebound.My concern with the BRIC economies is the political uncertainties they now come with. These countries are no longer in the euphoric growth phase of the 2000's. They now need to deal with rising nationalism, protectionism, corruption, and income inequality. E.G. China just had a major change in leadership. Their new focus is to balance out the income inequality, loosen state control of businesses, and tackle rampant corruption. China is also in a bit of a tiff with the US SEC regarding financial reporting... it seems that quite a few of the financial reports from Chinese companies are outright falsified or have no foundation in reality. I'm at the point where I no longer invest in individual Chinese companies simply because I don't know if their numbers are legit. India and Russia are a corrupt mess. South American countries are threatening to nationalize companies and creating new protectionist laws. The problem is, I'm not quite sure how to factor in all these political risks nor have the time to follow the politics of these countries. Maybe its easier to just pick a high ranked emerging market fund and let them do the DD.I want to increase foreign exposure now, believing those markets could outperform US because they are farther behind in their recoveries. I’ll probably start buying GXC soon (China ETF). Also looking at RISCX, a small cap Europe fund. http://quote.morningstar.com/fund/f.aspx?t=RISCXAnyone have other ideas in this area?
what is your age and approximate breakdown in investments?I would expect based on last year that younger people in a high % of stocks or target 2040+ type of funds got similar returns... +15% or so because that's what the S&P 500 did.I would expect older people got closer to 8-10%I had too much dry powder in my 401K last year and only ended up +10.5% (also had one mutual fund that wasn't an index fund severely underperform.)My 401(k) got 15.8% last year.
I'm 32 and mine is in a 2050 target retirement fund (hope to retire in ~2040, but wanted a more aggressive plan) thru Thrift Savings Plan.what is your age and approximate breakdown in investments?I would expect based on last year that younger people in a high % of stocks or target 2040+ type of funds got similar returns... +15% or so because that's what the S&P 500 did.I would expect older people got closer to 8-10%I had too much dry powder in my 401K last year and only ended up +10.5% (also had one mutual fund that wasn't an index fund severely underperform.)My 401(k) got 15.8% last year.
iirc, stock opened higher than previous day, closed higher than previous day, but fell intradayCan someone remind me what a black candle signifies in StockCharts? Thanks.http://stockcharts.com/h-sc/ui?s=AAPL&p=D&yr=0&mn=7&dy=0&id=p67398165114
I like IGR.Looking to add some more IGR but it keeps going up.
I like IGR.Looking to add some more IGR but it keeps going up.
Nice move up. Are bunch of insiders are buying? How can you tell?Insiders gobbling up PLG.![]()
There was an article on it on MarketWatchNice move up. Are bunch of insiders are buying? How can you tell?Insiders gobbling up PLG.![]()
I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.
Up 13.5% today, Paladin up over 10%. Come on uranium!!!!I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.![]()
http://www.reuters.com/article/2013/01/14/uranium-one-private-idUSL6N0AJ0BA20130114Up 13.5% today, Paladin up over 10%. Come on uranium!!!!I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.![]()
Well hell. I need somebody to step up and make another offer, stat.http://www.reuters.com/article/2013/01/14/uranium-one-private-idUSL6N0AJ0BA20130114Up 13.5% today, Paladin up over 10%. Come on uranium!!!!I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.![]()
OK. I'll give you $1/share for yours!Well hell. I need somebody to step up and make another offer, stat.http://www.reuters.com/article/2013/01/14/uranium-one-private-idUSL6N0AJ0BA20130114Up 13.5% today, Paladin up over 10%. Come on uranium!!!!I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.![]()
lolA higher offer. Damn it to hell if I end up losing money on this deal.OK. I'll give you $1/share for yours!Well hell. I need somebody to step up and make another offer, stat.http://www.reuters.com/article/2013/01/14/uranium-one-private-idUSL6N0AJ0BA20130114Up 13.5% today, Paladin up over 10%. Come on uranium!!!!I only need it to go up $0.60 more to be even.Any point in holding Uranium One until the deal is completed? It seems like there's little chance it's going up more than a dime or so between now and the 2nd quarter when it's finalized.![]()
Well ####. I guess I'll just hold an hope for the best.The deal includes a non-solicitation covenant, under which Uranium One will not seek other bids,