May you be a prophet!mathjak107 wrote: ↑Fri Mar 13, 2020 8:28 am I think there will be a mad dash back to equities once the fear factor subsides
Vinny
Moderator: Global Moderator
May you be a prophet!mathjak107 wrote: ↑Fri Mar 13, 2020 8:28 am I think there will be a mad dash back to equities once the fear factor subsides
Or as I like to call them, everyone else on the forum.mathjak107 wrote: ↑Fri Mar 13, 2020 9:37 am But for those who are comfortable holding them in this new world of insane volatility then what works works .......
how much goes in varies based on a lot of things .
i agree with you on many points. When the house is on Fire even the furniture get burned.mathjak107 wrote: ↑Tue Mar 17, 2020 4:49 am early am trading shows both gold and TLT taking it on the chin again .
lets see later ... i may be back in again ...
tlt shows down almost 2% and gld down 2.30%
that all can change over the day ...
i think anyone who thought the pp was a low volatility portfolio may be thinking otherwise ... it may be less than 100% equities but i would think the " pucker factor " is more than the bill of goods they hoped they were buying .
this is why i say charts mean nothing .. back testing means little .
all that counts is what happens to your money personally and how full your fuel tanks are when it happens .
the best or worst of times means little if you have little invested yet .... what counts the most is what happens when investments have substantial amounts.
all the talk of correlation between assets and the economy go out the window when it is our money on the line and and assets don't stick to the script of what was or was supposed to happen .
gold has plunged 10.25% in a week not counting today , at a time we would all think would be its day in the sun . but things like margin calls , liquidity , leverage and machine selling , etc all alter the equation to a point we can't even say we are correlating to economic outcomes reliably anymore ... rates go to zero , a recession looks eminent and bonds get beat up . ..
it is getting to a point the best choice may be equities and cash and season to taste with the equities portion ..