U.S. stocks continue to soar!
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Green red green red green red...very strange market today.
Re: U.S. stocks continue to soar!
Rates are falling back too. Perhaps it is due to the higher than expected jobless claims?
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Damn, I remember a poster who recently purchased TTT...
- xraygoggles
- Posts: 308
- Joined: Sat Sep 15, 2018 3:30 pm
- Location: Paradise
Re: U.S. stocks continue to soar!
My tqqq/tmf portfolio absolutely mooning today.
Simplicity is the key to brilliance - Vti & chill.
Re: U.S. stocks continue to soar!
Somehow I am old enough to remember when "mooning" meant exposing one's bare bottom.
Answering a question is easy -- asking the right question is the hard part.
Re: U.S. stocks continue to soar!
Yikes. Maybe a Michael burry fan?Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
-
- Posts: 445
- Joined: Mon Mar 23, 2020 2:03 pm
Re: U.S. stocks continue to soar!
Deleted
Last edited by fatcoffeedrinker on Wed Mar 02, 2022 10:10 am, edited 1 time in total.
Re: U.S. stocks continue to soar!
No need to rebalance this Q
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Yeah I believe the poster was citing Dr. Burry, Mr. Buffett and other bond bears.Ramjet wrote: ↑Thu Jun 17, 2021 12:43 pmYikes. Maybe a Michael burry fan?Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
Re: U.S. stocks continue to soar!
It's one thing to believe rate will go up, another to put $$$ on a leveraged LTT bear ETF. Of course, this is just one day.Marseille07 wrote: ↑Thu Jun 17, 2021 12:53 pmYeah I believe the poster was citing Dr. Burry, Mr. Buffett and other bond bears.Ramjet wrote: ↑Thu Jun 17, 2021 12:43 pmYikes. Maybe a Michael burry fan?Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
-
- Posts: 3509
- Joined: Sun Jan 07, 2018 11:52 am
Re: U.S. stocks continue to soar!
Small caps getting crushed
-
- Posts: 4215
- Joined: Sun May 05, 2019 11:23 am
Re: U.S. stocks continue to soar!
Gold getting crushed much harder. -4.39%. And my Barrick Gold stock is truly in the house of pain, -5.6%!
Re: U.S. stocks continue to soar!
Thank god I got out of that phaseMarseille07 wrote: ↑Thu Jun 17, 2021 1:01 pmComing from a person known to go long SQQQ
What sucks is losing 7% means they need 7.5% to get back even.
Re: U.S. stocks continue to soar!
My portfolio ended up 96bps. My top three holdings are: QQQ, VOO, and AMZN in that order. That's over 90% of my holdings. My holding of TTT is now a little less than 1%. It's such a small holding that its drop of just shy of 5% didn't have a meaningful impact. And I'm not selling. The 30 year treasury bond at barely above 2% makes no sense.Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Nice, it's not so bad thenrockstar wrote: ↑Thu Jun 17, 2021 7:11 pmMy portfolio ended up 96bps. My top three holdings are: QQQ, VOO, and AMZN in that order. That's over 90% of my holdings. My holding of TTT is now a little less than 1%. It's such a small holding that its drop of just shy of 5% didn't have a meaningful impact. And I'm not selling. The 30 year treasury bond at barely above 2% makes no sense.Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
Re: U.S. stocks continue to soar!
This is why we tell folks here to limit their "play" money to a small percentage of their portfolio.Marseille07 wrote: ↑Thu Jun 17, 2021 7:12 pmNice, it's not so bad thenrockstar wrote: ↑Thu Jun 17, 2021 7:11 pmMy portfolio ended up 96bps. My top three holdings are: QQQ, VOO, and AMZN in that order. That's over 90% of my holdings. My holding of TTT is now a little less than 1%. It's such a small holding that its drop of just shy of 5% didn't have a meaningful impact. And I'm not selling. The 30 year treasury bond at barely above 2% makes no sense.Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
What I'm trying to wrap my head around is that growth and bonds rallied. The S&P 500 didn't do much of anything. And value got hit. Mr. Market is losing his mind. Maybe he should let Ms. Market take over for a bit.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
I wouldn't read too much into today's action. The markets don't always make sense. We should stay the course. Time in the market is more important than timing the market.rockstar wrote: ↑Thu Jun 17, 2021 7:20 pm This is why we tell folks here to limit their "play" money to a small percentage of their portfolio.
What I'm trying to wrap my head around is that growth and bonds rallied. The S&P 500 didn't do much of anything. And value got hit. Mr. Market is losing his mind. Maybe he should let Ms. Market take over for a bit.
Re: U.S. stocks continue to soar!
Yep. I agree.Marseille07 wrote: ↑Thu Jun 17, 2021 7:25 pmI wouldn't read too much into today's action. The markets don't always make sense. We should stay the course. Time in the market is more important than timing the market.rockstar wrote: ↑Thu Jun 17, 2021 7:20 pm This is why we tell folks here to limit their "play" money to a small percentage of their portfolio.
What I'm trying to wrap my head around is that growth and bonds rallied. The S&P 500 didn't do much of anything. And value got hit. Mr. Market is losing his mind. Maybe he should let Ms. Market take over for a bit.
-
- Posts: 4215
- Joined: Sun May 05, 2019 11:23 am
Re: U.S. stocks continue to soar!
It's nearly doubled since I bought it last March 2020. That's why it's in my top three. I usually hold investments for at least two years before selling them. This is the usual run up to Prime Day. I have no idea if I'll sell next March, but that would be when I hit the two year point.Robot Monster wrote: ↑Thu Jun 17, 2021 9:08 pmI'm surprised you list Amazon as one of your top holdings. I own it too, but Bogleheads have made me leery about taking on top much single stock risk.
Re: U.S. stocks continue to soar!
Heck, the entire market has nearly doubled since March 2020... and plenty of individual stocks have done a lot better.rockstar wrote: ↑Thu Jun 17, 2021 9:35 pmIt's nearly doubled since I bought it last March 2020. That's why it's in my top three. I usually hold investments for at least two years before selling them. This is the usual run up to Prime Day. I have no idea if I'll sell next March, but that would be when I hit the two year point.Robot Monster wrote: ↑Thu Jun 17, 2021 9:08 pmI'm surprised you list Amazon as one of your top holdings. I own it too, but Bogleheads have made me leery about taking on top much single stock risk.
Don't act like you're so smart with your "pick" of Amazon in March 2020.
Last edited by HomerJ on Fri Jun 18, 2021 12:00 am, edited 1 time in total.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Re: U.S. stocks continue to soar!
Although I do not disagree that leveraged etf and etns are not inherently risky, but if you just got Amazon cuz it has doubled let me tell yourockstar wrote: ↑Thu Jun 17, 2021 9:35 pmIt's nearly doubled since I bought it last March 2020. That's why it's in my top three. I usually hold investments for at least two years before selling them. This is the usual run up to Prime Day. I have no idea if I'll sell next March, but that would be when I hit the two year point.Robot Monster wrote: ↑Thu Jun 17, 2021 9:08 pmI'm surprised you list Amazon as one of your top holdings. I own it too, but Bogleheads have made me leery about taking on top much single stock risk.
- tqqq the triple leveraged etf of QQQ 6x your money from the bottom of March 2020 yes they work best from the lowest of the crash to the run up
- fngu a very very risky ETN would have more than 8x your money ..
Now ofcourse hindsight is always 20/20
;but both are FANG and nasdaq heavy so might as well get them vs getting individual tech stocks..ymmv..
Full disclosure I have previously been doing the HFEA then moved to 100% tqqq then moved over to 100% fngu.
Re: U.S. stocks continue to soar!
I see lots of love for QQQ. Why not VUG?
-TheDDC
-TheDDC
Rules to wealth building: 75-80% VTSAX piled high and deep, 20-25% VTIAX, 0% given away to banks.
Re: U.S. stocks continue to soar!
Lumber & silver warning of a significant move downward in the stock market.
Amateur Self-Taught Senior Macro Strategist
Re: U.S. stocks continue to soar!
I'm completely exhausted from following the markets.
-
- Posts: 4215
- Joined: Sun May 05, 2019 11:23 am
Re: U.S. stocks continue to soar!
Well done. If I wanted to hold an individual stock, it will be AMZN, no question.rockstar wrote: ↑Thu Jun 17, 2021 7:11 pmMy portfolio ended up 96bps. My top three holdings are: QQQ, VOO, and AMZN in that order. That's over 90% of my holdings. My holding of TTT is now a little less than 1%. It's such a small holding that its drop of just shy of 5% didn't have a meaningful impact. And I'm not selling. The 30 year treasury bond at barely above 2% makes no sense.Marseille07 wrote: ↑Thu Jun 17, 2021 11:00 amDamn, I remember a poster who recently purchased TTT...
Re: U.S. stocks continue to soar!
That’s an excellent forecast as always Forester. Whenever I want to gauge the direction of the stock market, I always look at price of lumber.
40% SPY | 10% stonks | 50% Cash
Re: U.S. stocks continue to soar!
https://www.cnbc.com/2021/06/16/us-hous ... -2021.html
Whether that means much beyond the housing market and Main Street is debatable.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
It you are exhausted from this market you need to build up your stamina. This is nothing.
The fool, with all his other faults, has this also - he is always getting ready to live. - Seneca Epistles < c. 65AD
Re: U.S. stocks continue to soar!
Did anything happen?
The information provided is intended to be entertaining. It is not to be construed as professional advice. Use it at your own risk.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Buddy, the market is only -2.08% from ATH. If this is impacting you this much then I suspect your allocation is too aggressive.
Re: U.S. stocks continue to soar!
I have 10% of my portfolio in stocks. I can't tell if I'm worried about that or the 90% that's in cash.Marseille07 wrote: ↑Sat Jun 19, 2021 11:50 amBuddy, the market is only -2.08% from ATH. If this is impacting you this much then I suspect your allocation is too aggressive.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Maybe.Marseille07 wrote: ↑Sat Jun 19, 2021 12:35 pmWell given the timing of it, it appears stocks-related to me.
If it were cash, you've lost energy when CPI printed 5%, not yesterday.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
Your portfolio is extremely safe. The markets lost 2% this week. If this were 10% of your portfolio, that's -0.2%; you still have 99.8% remaining.anoop wrote: ↑Sat Jun 19, 2021 12:40 pmMaybe.Marseille07 wrote: ↑Sat Jun 19, 2021 12:35 pmWell given the timing of it, it appears stocks-related to me.
If it were cash, you've lost energy when CPI printed 5%, not yesterday.
Re: U.S. stocks continue to soar!
You're waiting to do something, and you thought you'd be doing it by now, and it's got you on edge that you haven't been able to yet, and you just can't even right now?
Bonds still exist.
"The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next." ~Ursula LeGuin
-
- Posts: 4215
- Joined: Sun May 05, 2019 11:23 am
Re: U.S. stocks continue to soar!
I think that portfolio isn't diversified well, and that level of cash is a very large bet about the Fed's willingness or ability to control inflation. I don't want to derail this thread, but if you need help making adjustments to your portfolio, you should start a thread. People here are happy to help. I know this because I was in your exact same position, and the good people here helped me dearly.
Re: U.S. stocks continue to soar!
LOL... when did that happen?
Jeeze Louise anoop, you bounce all over the place. I thought you were 100% sure the Fed would never let the stock market crash again?
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Re: U.S. stocks continue to soar!
When did what happen? I was going to put 100% of my 401k in, you convinced me not to, so I put 25% in, and I've stayed that way. It equates 10% of my portfolio. If I had put 100% in, I'd be up some serious money now!
Re: U.S. stocks continue to soar!
I always thought you had put 25% of your portfolio in stocks... but it was only 10%? And you've been gnashing your teeth all this time?anoop wrote: ↑Sat Jun 19, 2021 8:24 pmWhen did what happen? I was going to put 100% of my 401k in, you convinced me not to, so I put 25% in, and I've stayed that way. It equates 10% of my portfolio. If I had put 100% in, I'd be up some serious money now!
You've been mostly in cash for the past 10 years, right?
I hope you save a prodigious amount each year...
Maybe you should read the wiki and some of the recommended books.
"The best tools available to us are shovels, not scalpels. Don't get carried away." - vanBogle59
Re: U.S. stocks continue to soar!
Mostly in cash since early 2008, so a little over 13 years. I don’t have a budget, but I do save a lot.HomerJ wrote: ↑Sat Jun 19, 2021 11:30 pmI always thought you had put 25% of your portfolio in stocks... but it was only 10%? And you've been gnashing your teeth all this time?anoop wrote: ↑Sat Jun 19, 2021 8:24 pmWhen did what happen? I was going to put 100% of my 401k in, you convinced me not to, so I put 25% in, and I've stayed that way. It equates 10% of my portfolio. If I had put 100% in, I'd be up some serious money now!
You've been mostly in cash for the past 10 years, right?
I hope you save a prodigious amount each year...
Maybe you should read the wiki and some of the recommended books.
The 25% was referring to the 401k. Someone else clarified that when we were discussing last time. My outside 401k grew a bit because of bonus/RSU earlier in the year.
Wiki would be all good if I could get the central bank manipulation out of my head.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
The whole notion of Bogleheads is to ignore the news and stay invested. The central bank may be manipulating, maybe not. It doesn't matter.anoop wrote: ↑Sun Jun 20, 2021 12:00 am Mostly in cash since early 2008, so a little over 13 years. I don’t have a budget, but I do save a lot.
The 25% was referring to the 401k. Someone else clarified that when we were discussing last time. My outside 401k grew a bit because of bonus/RSU earlier in the year.
Wiki would be all good if I could get the central bank manipulation out of my head.
-
- Posts: 3369
- Joined: Mon Apr 16, 2012 10:48 pm
- Location: Denver area. Former Texan.
Re: U.S. stocks continue to soar!
My take is a little different in that Bogleheads assume an efficient market and Central Bank manipulation works against that. But if the Central Bank is manipulating it is doing so to keep the market functioning for your protection, so it should be considered an advantage. Some of their actions will make you money and some will lose you money. We saw that from 2008-2015.Marseille07 wrote: ↑Sun Jun 20, 2021 10:25 amThe whole notion of Bogleheads is to ignore the news and stay invested. The central bank may be manipulating, maybe not. It doesn't matter.anoop wrote: ↑Sun Jun 20, 2021 12:00 am Mostly in cash since early 2008, so a little over 13 years. I don’t have a budget, but I do save a lot.
The 25% was referring to the 401k. Someone else clarified that when we were discussing last time. My outside 401k grew a bit because of bonus/RSU earlier in the year.
Wiki would be all good if I could get the central bank manipulation out of my head.
-
- Posts: 16054
- Joined: Fri Nov 06, 2020 12:41 pm
Re: U.S. stocks continue to soar!
So...what would you advise the poster above who is running a 10/90(cash) portfolio and said they can't get the central bank manipulation out of their head? Not saying 10/90 is wrong but it's quite diverged from a recommend set of AA selections.lazynovice wrote: ↑Sun Jun 20, 2021 12:24 pmMy take is a little different in that Bogleheads assume an efficient market and Central Bank manipulation works against that. But if the Central Bank is manipulating it is doing so to keep the market functioning for your protection, so it should be considered an advantage. Some of their actions will make you money and some will lose you money. We saw that from 2008-2015.Marseille07 wrote: ↑Sun Jun 20, 2021 10:25 amThe whole notion of Bogleheads is to ignore the news and stay invested. The central bank may be manipulating, maybe not. It doesn't matter.anoop wrote: ↑Sun Jun 20, 2021 12:00 am Mostly in cash since early 2008, so a little over 13 years. I don’t have a budget, but I do save a lot.
The 25% was referring to the 401k. Someone else clarified that when we were discussing last time. My outside 401k grew a bit because of bonus/RSU earlier in the year.
Wiki would be all good if I could get the central bank manipulation out of my head.