Stock scream room

Discussion of the Stock portion of the Permanent Portfolio

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buddtholomew
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Re: Stock scream room

Post by buddtholomew » Fri Jul 10, 2020 4:02 pm

Rebalanced out of an International Growth fund that has risen 25%+ YTD (top holdings include Alibaba, Tesla and Amazon - 11.4% in North America). Felt like the wrong move so hopefully its the right one ;D
Last edited by buddtholomew on Fri Jul 10, 2020 4:18 pm, edited 1 time in total.
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dualstow
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Re: Stock scream room

Post by dualstow » Fri Jul 10, 2020 4:18 pm

There was basically no point to getting out of the market before the crash. (I didn’t).
Amazing recovery. I’ve been trimming my vp, though.
traveling...
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buddtholomew
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Re: Stock scream room

Post by buddtholomew » Fri Jul 10, 2020 4:22 pm

dualstow wrote:
Fri Jul 10, 2020 4:18 pm
There was basically no point to getting out of the market before the crash. (I didn’t).
Amazing recovery. I’ve been trimming my vp, though.
Seems logical to trim some gains on shares purchased during the decline (no tax implications). I convinced myself to at least rebalance to the more aggressive 80/20 stock allocation and not all the way back to 70/30.
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dualstow
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Re: Stock scream room

Post by dualstow » Fri Jul 10, 2020 6:57 pm

buddtholomew wrote:
Fri Jul 10, 2020 4:22 pm
dualstow wrote:
Fri Jul 10, 2020 4:18 pm
There was basically no point to getting out of the market before the crash. (I didn’t).
Amazing recovery. I’ve been trimming my vp, though.
Seems logical to trim some gains on shares purchased during the decline (no tax implications). I convinced myself to at least rebalance to the more aggressive 80/20 stock allocation and not all the way back to 70/30.
Oh yeah, trimming is often sensible. And I have to admit I was envious of Ocho when I learned that he did more than trim at just the right time. Envious no longer.
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Re: Stock scream room

Post by Xan » Fri Jul 10, 2020 7:42 pm

dualstow wrote:
Fri Jul 10, 2020 6:57 pm
buddtholomew wrote:
Fri Jul 10, 2020 4:22 pm
dualstow wrote:
Fri Jul 10, 2020 4:18 pm
There was basically no point to getting out of the market before the crash. (I didn’t).
Amazing recovery. I’ve been trimming my vp, though.
Seems logical to trim some gains on shares purchased during the decline (no tax implications). I convinced myself to at least rebalance to the more aggressive 80/20 stock allocation and not all the way back to 70/30.
Oh yeah, trimming is often sensible. And I have to admit I was envious of Ocho when I learned that he did more than trim at just the right time. Envious no longer.
Where is that guy? I hope he didn't get COVIDed.
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dualstow
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Re: Stock scream room

Post by dualstow » Sat Jul 11, 2020 1:30 pm

Ocho started posting less frequently even before coronavirus hit. I hope it’s not my fault. I know he wasn’t happy with some of my posts about immigration and ICE happenings.
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Re: Stock scream room

Post by Tortoise » Sat Jul 11, 2020 1:43 pm

Last time I saw him here, he was threatening to quit his job since some of his coworkers were refusing to wear masks. So maybe he’s been busy with that.
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Re: Stock scream room

Post by Libertarian666 » Sat Jul 11, 2020 3:14 pm

dualstow wrote:
Sat Jul 11, 2020 1:30 pm
Ocho started posting less frequently even before coronavirus hit. I hope it’s not my fault. I know he wasn’t happy with some of my posts about immigration and ICE happenings.
I put him on ignore quite awhile ago. He wouldn't discuss issues without irrelevancies due to TDS.
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Re: Stock scream room

Post by boglerdude » Wed Aug 12, 2020 6:34 am

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Re: Stock scream room

Post by dualstow » Wed Aug 12, 2020 7:24 am

I read most of it and don't understand how Buffett is a "predator" because he bought Amazon shares. In fact, besides the newspaper example, he really hasn't done anything wrong. The author has a beef with capitalism and and capitalism isn't perfect. What a weird target. But not because Buffett is folksy and friendly.
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buddtholomew
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Re: Stock scream room

Post by buddtholomew » Wed Aug 26, 2020 3:06 pm

buddtholomew wrote:
Fri Jul 10, 2020 4:22 pm
dualstow wrote:
Fri Jul 10, 2020 4:18 pm
There was basically no point to getting out of the market before the crash. (I didn’t).
Amazing recovery. I’ve been trimming my vp, though.
Seems logical to trim some gains on shares purchased during the decline (no tax implications). I convinced myself to at least rebalance to the more aggressive 80/20 stock allocation and not all the way back to 70/30.
Quoting myself here.
Updated AA in VP to 75/25 to SWAN.
I mean who has 50% gains in an International Growth fund...
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dualstow
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Re: Stock scream room

Post by dualstow » Wed Aug 26, 2020 7:25 pm

I ❤️ stocks.
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Re: Stock scream room

Post by Smith1776 » Wed Aug 26, 2020 7:37 pm

dualstow wrote:
Wed Aug 26, 2020 7:25 pm
I ❤️ stocks.
Me too! :D

#MeToo
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Re: Stock scream room

Post by Cortopassi » Wed Sep 02, 2020 5:28 pm

Image

I've been rebalancing stocks down on this way up. Going against all the rules, but this run seems really out of whack.
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Re: Stock scream room

Post by Kriegsspiel » Wed Sep 02, 2020 6:14 pm

I love stock, I've been investing in quite a bit recently. One day I hope to be a bouillonaire.
"You haven't, I suppose, ever mixed with politicians at close quarters. They're awful. I think some of these must have been the dregs anyhow, but I've discovered, what previously I didn't believe possible, that politicians behave in private life and say exactly the same things as they do in public. Their stupidity is inhuman.
- John Maynard Keynes
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buddtholomew
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Re: Stock scream room

Post by buddtholomew » Wed Sep 02, 2020 7:02 pm

Kriegsspiel wrote:
Wed Sep 02, 2020 6:14 pm
I love stock, I've been investing in quite a bit recently. One day I hope to be a bouillonaire.
Chicken :)
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Re: Stock scream room

Post by Kbg » Wed Sep 02, 2020 10:09 pm

buddtholomew wrote:
Wed Sep 02, 2020 7:02 pm
Kriegsspiel wrote:
Wed Sep 02, 2020 6:14 pm
I love stock, I've been investing in quite a bit recently. One day I hope to be a bouillonaire.
Chicken :)
Brings a whole new spin to "bull" market. :)
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Re: Stock scream room

Post by dualstow » Thu Sep 03, 2020 8:07 am

Kriegsspiel wrote:
Wed Sep 02, 2020 6:14 pm
I love stock, I've been investing in quite a bit recently. One day I hope to be a bouillonaire.
Gold. Absolute gold. O0

I sold a lot of indy positions yesterday, not knowing if stocks are going to go up for another ten years.
On my way down to 50% stocks (vp + pp), I’m hoping to capture some of the irrational exuberance.
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Re: Stock scream room

Post by sophie » Thu Sep 03, 2020 8:25 am

Guess I should keep an eye on the allocations if you guys are all rebalancing. I'm within a couple percentage points of bonds crossing the low end of the band.
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Re: Stock scream room

Post by dualstow » Thu Sep 03, 2020 11:34 am

dualstow wrote:
Thu Sep 03, 2020 8:07 am
...
I sold a lot of indy positions yesterday, not knowing if stocks are going to go up for another ten years.
On my way down to 50% stocks (vp + pp), I’m hoping to capture some of the irrational exuberance.
Big drop today. Ok, now my sale doesn't feel so bad.
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Re: Stock scream room

Post by Cortopassi » Thu Sep 03, 2020 12:03 pm

A little lower today, but still insane

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Re: Stock scream room

Post by Cortopassi » Mon Oct 12, 2020 11:54 am

I am seriously considering another strategic allocation change to lower exposure to stocks (currently 31% for me). On Aug 5th, I dropped from 35% to 31%.

I still have no idea what's driving the S&P 10% up for the year when Covid just keeps on stretching out longer and longer. Sure, there are some small # of companies benefitting, but I otherwise see major destruction happening or going to happen, like commercial real estate.

Am I missing something?
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Re: Stock scream room

Post by vnatale » Mon Oct 12, 2020 12:04 pm

Cortopassi wrote:
Mon Oct 12, 2020 11:54 am
I am seriously considering another strategic allocation change to lower exposure to stocks (currently 31% for me). On Aug 5th, I dropped from 35% to 31%.

I still have no idea what's driving the S&P 10% up for the year when Covid just keeps on stretching out longer and longer. Sure, there are some small # of companies benefitting, but I otherwise see major destruction happening or going to happen, like commercial real estate.

Am I missing something?
The market can be generally irrational for long periods of time? Being far too reactive in one direction or the other?

Vinny
Above provided by: Vinny, who always says: "I only regret that I have but one lap to give to my cats."
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Re: Stock scream room

Post by Cortopassi » Mon Oct 12, 2020 12:41 pm

vnatale wrote:
Mon Oct 12, 2020 12:04 pm
Cortopassi wrote:
Mon Oct 12, 2020 11:54 am
I am seriously considering another strategic allocation change to lower exposure to stocks (currently 31% for me). On Aug 5th, I dropped from 35% to 31%.

I still have no idea what's driving the S&P 10% up for the year when Covid just keeps on stretching out longer and longer. Sure, there are some small # of companies benefitting, but I otherwise see major destruction happening or going to happen, like commercial real estate.

Am I missing something?
The market can be generally irrational for long periods of time? Being far too reactive in one direction or the other?

Vinny
Quite possibly, Vinny.

But either way, I see the election being an "event" that will cause the market to roll over regardless of the winner. It's either going to be an oh shit, Biden is president and he's going to lock us down or oh shit, Trump is president and people are going to keep dying.

Either way, not good. And then a vaccine comes out, and people either don't take it, don't want to be first in line, or realize it's only 50% effective and are disappointed.
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Re: Stock scream room

Post by Vil » Mon Oct 12, 2020 12:58 pm

Cortopassi wrote:
Mon Oct 12, 2020 11:54 am

But either way, I see the election being an "event" that will cause the market to roll over regardless of the winner. It's either going to be an oh shit, Biden is president and he's going to lock us down or oh shit, Trump is president and people are going to keep dying.
Makes sense :D And indeed, I also plan to get some juice of some of my stock allocations. Today, it seems the S&P run is considerably higher than yesterday, and even though the trading day has not yet ended it would be based on considerably lower volume than yesterday. So, for me it appears there is a sort of discrepancy between price move and volume... All time highs are not that far away too .. IMHO a near term correction is inevitable, but let's see.

In any case (Trump or Biden) I'll be extremely happy when that's over, as this forum looks more and more as tribune for politic discussions, rather than a PP discussion forum. I recognize that PP itself might be a boring one, but still ...
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