[e90335e36m3]

Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.

[Ngilbe36]

Originally Posted by e90335e36m3

Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.

Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.

[e90335e36m3]

Originally Posted by Ngilbe36

Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.

Originally Posted by Ngilbe36

Now is definitely the time to put together a proper setup to make out like bandits here. Its like the '08 dip (hopefully shorter term) I was too young to take advantage of all over again.

Seriously. I was going to take out mortgages on my rental property and personal property which are paid off but decided to cool my jets.

[jimnov]

And if the market drops another 15%...
Was it a great move?

[chassis]

Get your finger near the "buy" button. COVID new cases are coming down in the civilized world.

[Jordan's World]

Originally Posted by e90335e36m3

Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.

Do you have your eyes set on any individual stocks? Considering I'm working with about 1/10th of the capital you have, and am in my early 20's. I am considering BA, DIS, SBUX, BMWYY, RCL (maybe). Thoughts?

Would it be more beneficial to purchase ETF's in the long run?

Thanks for any input.

[bimmerfrk]

You guys... why would you buy something after two consecutive down days. And not a little down, 1500 down lol.

People are so worried about timing the bottom that they gonna burn on the way down.

People chill and watch the market, watch the vix. It's still not done. We only one week in and people are buying shit. At the very least this is going to be like this till May.

Then again I'm a stupid simpleton. Carry on!

[bimmerfrk]

Originally Posted by chassis

Get your finger near the "buy" button. COVID new cases are coming down in the civilized world.

That's great, links to articles or sources?

[MisterF80M3]

Originally Posted by e90335e36m3

Purchased 90K worth of VOO, VTI and several other ETFs in the past two days. Another 240K sitting in the account ready to pull the trigger.

If the market dives again on a negative announcement regarding the stimulus, I'm buying more today. If the market dives more than another 15% overall and I run out, will be asking Schwab for margin.

Damn brah. What are you doing with 350k cash laying around?

[AlpineWhite_SJ]

Originally Posted by MisterF80M3

Damn brah. What are you doing with 350k cash laying around?

Pssssh

[chassis]

Originally Posted by bimmerfrk

That's great, links to articles or sources?

cdc.gov
who.int

New cases charts.

New cases will decline sooner rather than later. Agree with the comment above that there is time to get ready to buy, but get ready to buy.

[Ngilbe36]

Originally Posted by bimmerfrk

You guys... why would you buy something after two consecutive down days. And not a little down, 1500 down lol.

People are so worried about timing the bottom that they gonna burn on the way down.

People chill and watch the market, watch the vix. It's still not done. We only one week in and people are buying shit. At the very least this is going to be like this till May.

Then again I'm a stupid simpleton. Carry on!

As I am also a stupid simpleton, I do not know where the bottom is.
All I know is Id rather miss the bottom than the ride to the top.

[e90335e36m3]

Originally Posted by MisterF80M3

Damn brah. What are you doing with 350k cash laying around?

Never laying around. I liquidated my CDs, took some money out of my savings and sold my M4CS so I could get into the market.

[e90335e36m3]

Originally Posted by Jordan's World

Do you have your eyes set on any individual stocks? Considering I'm working with about 1/10th of the capital you have, and am in my early 20's. I am considering BA, DIS, SBUX, BMWYY, RCL (maybe). Thoughts?

Would it be more beneficial to purchase ETF's in the long run?

Thanks for any input.

I am a conservative investor, and while the upside may be greater for an individual stock, so is the downside. I don't want to sweat bullets for the next year, so all I buy are ETFs.

I own, XLF, IVV, QQQ, VTI and VOO.

The only individual stock I own is Boeing which I bought into at $93/share, but it is an insignificant part of my portfolio. It's definitely a risky play and I think there may be some more bad news, but it is one of those too big to fail companies because it is such a significant defense contractor and the largest commercial airplane manufacturer in the world. We can't have only Airbus owning the market. Unsurprisingly, 737 manufacture restart is starting to see movement. Boeing's lobby is powerful, I'm sure calls were made to the Trump administration to tell the FAA to hurry it up.

[Tyga11]

Originally Posted by Ngilbe36

As I am also a stupid simpleton, I do not know where the bottom is.
All I know is Id rather miss the bottom than the ride to the top.

We're all simpleton's man...no one knows what the hell is going to happen tomorrow. This is life as a retail investor

[RickFLM4]

OP, still in cash?

(Stumbled across this old-ish thread looking for something else.)

[XutvJet]

Originally Posted by RickFLM4

OP, still in cash?

(Stumbled across this old-ish thread looking for something else.)

Dear God I hope not My portfolio's value has gone up $200K+ since January 2020 and that includes pulling out $44K to buy my wife a 2020 4runner and not adding a penny to my investments other than the dividends. If you have been sitting out for the last 1.5 years, you really missed out.

[corn18]

I made enough since Jan 2020 to retire. 60/40 portfolio, all index funds.

S&P is up 35% since OP went cash.

[XutvJet]

Originally Posted by corn18

I made enough since Jan 2020 to retire. 60/40 portfolio, all index funds.

I'm largely index funds too and I've made enough at 47 to go part-time.

[bimmerfrk]

Originally Posted by corn18

I made enough since Jan 2020 to retire. 60/40 portfolio, all index funds.

S&P is up 35% since OP went cash.

Originally Posted by corn18

I made enough since Jan 2020 to retire. 60/40 portfolio, all index funds.

S&P is up 35% since OP went cash.

What makes you think I'm still cash lol. But I may be cash again in oct. winter is looking cold.

Your up 35 I'm up close to 64% since a missed the huge pre pandemic dip.

[ASAP]

We live in some of the oddest times I can ever recall... there really has been no real correction or crash. What we saw in March 2020 was extremely short lived.

2008 was so much different where cash was king... the only thing that can reverse anything at this point is an all out market crash which I don't really see happening.

However, find a way to outpace inflation because the idiotic policies that have been undertaken recently are ones that we will pay for in the next 30 years.

[bimmerfrk]

Originally Posted by ASAP

We live in some of the oddest times I can ever recall... there really has been no real correction or crash. What we saw in March 2020 was extremely short lived.

2008 was so much different where cash was king... the only thing that can reverse anything at this point is an all out market crash which I don't really see happening.

However, find a way to outpace inflation because the idiotic policies that have been undertaken recently are ones that we will pay for in the next 30 years.

Originally Posted by corn18

I made enough since Jan 2020 to retire. 60/40 portfolio, all index funds.

S&P is up 35% since OP went cash.

Grind make more money it sucks I agree. Stupid us gov. And the want to pass 25 trillion in more garbage. Horrible. I may be moving to another country. If anyone is looking formamdatacenter infrastructure head let me know just not in America.

Typed on phone apologies for brevity.