"I don't know, Bob."Lack of supply IF there's sustained demand is going to drive prices higher. But again, if there's not sustained demand, then that should materialize in inventory spikes. So maybe it's some sort of leading indicator? Is there history that indicates that's the case? It's the receding water ahead of a tsunami? I'm just trying to understand why that alone should sound an alarm to people.
Even if we could identify a pattern like that which was true during the vast majority of occurrences (we can't), that doesn't mean it's going to hold true for this specific one.We'll agree to disagree.
I don't see enough evidence that the bull is concluding, just maturing, I'm starting to see cracks in it. The end of a bull market usually finishes with a wild melt-up that concludes with massive gains. I'm not tying to capture all of them, but I want some.
My opinion is simply that it is time to turn the autopilot switch off and start paying MUCH closer attention. Inflation, housing, debt, rates are the key things I'm watching.
You'll be fine. It might take some time but they'll recover.I bought 50 shares of CELG yesterday after hours.
Mistake so far.
I value your posts on the issue - affordability is an important factor in the housing market. I think you're correct that housing price increases as we've seen the past 5-6 years results in a wealth effect that spills over into the greater economy in a positive way, and if home price appreciation reverses it will have spillover effects.I've spoken my thoughts here, clearly they aren't appreciated, I'll keep my housing opinions to myself moving forward.
I really wasn't even trying to make a point. Just asking a question. If you successfully navigated the route from point A to point B, help the people wandering off the path with a map, Magellan.I value your posts on the issue - affordability is an important factor in the housing market. I think you're correct that housing price increases as we've seen the past 5-6 years results in a wealth effect that spills over into the greater economy in a positive way, and if home price appreciation reverses it will have spillover effects.
That said, you didn't counter Bob's points w/re to supply/demand. Instead of taking that personally, perhaps acknowledge that Bob has a point?
I have no reason to engage further. I answered his first question at the bottom of the previous page, he decided to continue hurling insults, I'm done speaking my thoughts on the subject.I value your posts on the issue - affordability is an important factor in the housing market. I think you're correct that housing price increases as we've seen the past 5-6 years results in a wealth effect that spills over into the greater economy in a positive way, and if home price appreciation reverses it will have spillover effects.
That said, you didn't counter Bob's points w/re to supply/demand. Instead of taking that personally, perhaps acknowledge that Bob has a point?
Housing starts and sales are good recession indicators. It's worth discussing in here, unless you don't care about that 50% drop out there somewhere.Pretty please
with sugar on top
Do you know if/how inventory ties in as an indicator? Does it matter that existing home sales are down because people simply aren't selling?Housing starts and sales are good recession indicators. It's worth discussing in here, unless you don't care about that 50% drop out there somewhere.
Historically it has been (new houses for sale and sold). There is always the question of whether backtested results will carry forward into the future.Do you know if/how inventory ties in as an indicator? Does it matter that existing home sales are down because people simply aren't selling?
No, I'm looking for the bold.Historically it has been. There is always the question of whether backtested results will carry forward into the future.
The question you're asking is "Is this time different?" If I was capable of answering those questions I'd be writing you from my Hawaiian island instead of down home Alabama.
ThisThere is no inventory of existing homes.
Which means people aren't putting existing homes on the market.
Which might mean they can't afford a home across town, so they're simply staying put. But at some point that's going to show up as increased inventory because there are people who will have to move.
But without inventory, of course sales are declining. That's a U-turn in housing recovery? (Ignoring that the term recovery is an absolute joke in most areas at this point)
Lack of supply IF there's sustained demand is going to drive prices higher. But again, if there's not sustained demand, then that should materialize in inventory spikes. So maybe it's some sort of leading indicator? Is there history that indicates that's the case? It's the receding water ahead of a tsunami? I'm just trying to understand why that alone should sound an alarm to people.
There is honestly a really easy solution here...https://www.bogleheads.org/I'm trying to educate myself and develop a plan thanks to this thread and all of you posting here, but until I'm better educated I'm looking for general information on the quote/unquote "safest" or "easiest" places to put my money while I continue to learn. Not a "just buy Amazon/Apple/etc" type of thing, I understand there's no easy solution. More just general advice I guess.
for right or wrong ...big Vanguard guy here. though I do have some Berkshire-Hathaway and some individual stocks - but majority is in Vanguard funds.There is honestly a really easy solution here...https://www.bogleheads.org/
I mean i follow along with people's individual plays, but at the end of the day I stick to nearly all index funds at the cheapest possible fee structure allocated to my goals and risk tolerance.
What's your risk tolerance? How much can you see your money decrease without freaking out?I'm trying to educate myself and develop a plan thanks to this thread and all of you posting here, but until I'm better educated I'm looking for general information on the quote/unquote "safest" or "easiest" places to put my money while I continue to learn. Not a "just buy Amazon/Apple/etc" type of thing, I understand there's no easy solution. More just general advice I guess.
One thing to be aware of here is that it isn't easy to identify and act on a "bull" and "bear" market. #3, for simplicity, is by far the easiest to do, though I'd recommend (as above) a bit more diversification than just 60/40. It turns out diversification is the greatest insurance you get get in the markets, and even roughly done works well. Adding in a bit of large, a bit of small, and some real estate does wonders for drawdown amelioration.I'm far more ignorant than pretty much all of you in regards to the stock market, so forgive me for being an idiot, but in regards to Siff's post just above:
-If I understand correctly, the three approaches were:
-100% into the "total market" for the bull market, and then when the market turned to a bear market, all money was pulled out and put into the "bond market"
-100% into the "total market" and just buy and hold, staying in the "total market" the entire time
-60% into the "total market" and 40% into the "bond market", and just buy and hold, staying 60/40 the entire time
By "total market" and "bond market", what do you mean exactly? S&P 500 mutual funds & same type of thing for bonds, or just that the investor would only invest in either the stock market or bonds, whether or not he was purchasing individual stocks, mutual funds, etc.? And based on your numbers, doesn't that mean that the lazy approach is by far the best approach and you should move everything into the stock market during confirmed bull runs and then put it all into bonds during confirmed bear runs? Finally, if that is or at least has been the best approach over the last 23 years, where are the "best" places to park the money in both the stock market and the bond market for the non-savvy investor until he can educate himself and become more savvy?
http://www.gifbin.com/bin/272909002.gifjoker said:up until now I've been playing it safe with my choices. I'm mostly interested in diversifying my portfolio at this point
Out at $9.65. Sucks, had an order in for an additional 1000 at $6.75 a couple of weeks ago that never hit.Put what I thought was a low ball offer in this morning and got 500 TVIX at $8.60
Hey, a win's a win. *highfive*Out at $9.65. Sucks, had an order in for an additional 1000 at $6.75 a couple of weeks ago that never hit.
I use SHY.Any short term Total US Bond Fund's that anyone here would recommend? US treasuries are obviously the safest, but looking at the yields...yeesh.
Ha! I have a small amount of that, I believe I picked up when you mentioned it over the last couple of years. It's been a dog over the last six months, but that should average back out soon.I use SHY.
Just to clarify- are you saying that if this trend change takes place say in March, you wouldn't make any changes until Dec 31st?But I think you can do better than that. I wholeheartedly disagree that it is difficult to identify and determine trend. Especially when you take a broad view of the market. It doesn't need to be complicated. It doesn't need to take a lot of time. In this case the Lazy Portfolio is following along a monthly chart and actually making investment decisions annually (if at all). My view is that it is far easier and far more portifable to spend time learning how to identify that trend and being aligned to the trend (ie: Bullish when the market trends bullish and Conservative when the market trends bearish). In the Lazy Portfolio a 200 point swing in the market on any given day is just noise. And while times like early February might be uncomfortable - the Lazy Portfolio is an example of a set plan of ACTION - and you know precisely what to do and when to do it.
For the Lazy Portfolioer..the trend remains Bullish - even after the action of February. While I do believe that we can expect some increase in volatility...and while I do believe we are in the later stage of this bull market. Odds favor remaining long until that trend has flipped. Could that occur in the next 30 days...unlikely but anything is possible. Most major trend rolls are drawn out...and as I said the powers that be will flash their signals and provide multiple exit opportunities. So Relax because Emotions are a traders and investors' biggest enemy.
NO NO NO.Just to clarify- are you saying that if this trend change takes place say in March, you wouldn't make any changes until Dec 31st?
That's what I thought, just wanted to clarify what you meant. Making investment decisions annually has been better than buy and hold, but making them monthly is better than annually.NO NO NO.
I'm saying when I ran the Lazy Portfolio...positions were opened/closed at the end/beginning of a year- it was just an easier simulation to run as this is educational.
If THIS market continues to tank and rolls over let's say a month or two from now...we'd exit VTSMX at that time. Following a trend does not mean you time the market to catch the absolute market top and bottom. It means you have the observational skill of a low minded chimp with the ability to ascertain the market in general is moving either up or down. The goal is to capture 75-90% of a primary trend...not all of it.
Today SUCKS. Days like this SUCK. But look at the chart I posted. In general which direction does the market look like it is moving? See the forest through the trees if you have a long horizon.
My only real hope here is simple:@siffoin do your charts predict a president that doesn't act rationally, and has nearly no concept of well, anything?
There are a couple of whipsaws on the chart. From June 2010-Sept 2010. The result of those would be a loss of appox 16 SPY Pts. Investing through whipsaws is frustrating...in hindsite it's a missed opportunity of 16 pts out of 160 of the trend. Whipsaws happen. I'd suggest spending time on how to overcome that flaw of trend following as a primary exercise.That's what I thought, just wanted to clarify what you meant. Making investment decisions annually has been better than buy and hold, but making them monthly is better than annually.
What time frame MA's are those on the chart? It seems like a couple of other times they came very close to crossing, and may actually have in real time prior to the monthly bar closing.
For sure, wasn't meant to be taken as a criticism, just a question. These are monthly bars obviously- when you make your investment decisions, I assume it's using a shorter time frame (weekly or daily)?There are a couple of whipsaws on the chart. From June 2010-Sept 2010. The result of those would be a loss of appox 16 SPY Pts. Investing through whipsaws is frustrating...in hindsite it's a missed opportunity of 16 pts out of 160 of the trend. Whipsaws happen. I'd suggest spending time on how to overcome that flaw of trend following as a primary exercise.
I think $1400ish is in play.@siffoin
Is $1,465 any moving average for Amazon? I've got the 20 day around $1,455 and the 50 day around $1,390 - Saw a huge bounce off of $1,465, so trying to put the pieces together on this one.
Extreme hostility and aggression is a winning strategy with our biggest partners and debt holders.Today should be pleasant.
“Trade wars are easy to win” - Donald Trump, 3/2/18
No shtick, the moron said that.