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More for money guys

Posted By: WI Outdoors

More for money guys - 11/03/24 03:31 PM

Warren Buffett sold off lots of stock to pile up cash. Does he see something coming? Would it be wise to move some portfolio money to cash in case of a big drop?
Posted By: SGT. C

Re: More for money guys - 11/03/24 03:42 PM

Cash is still king. I will.always have more cash on hand then stocks. But, I have invested 60% of my portfolio into reloading supplies, ammo, prep supplies, and some precious metals. All which have increased more in value then stocks have.
My 2 cents.

Sarge
Posted By: keets

Re: More for money guys - 11/03/24 03:45 PM

I just stopped reinvesting dividends lately.....I think we're due for a hit, how bad is it going to get? When you figure it out let us know grin
Posted By: Providence Farm

Re: More for money guys - 11/03/24 03:52 PM

I'm still buying but also have cash sitting on the side waiting for the drop and buying opportunitys.

Why still buying? Because no one can time the market and dollar cost averaging has been shown to be the clear winning strategy over time. I'm looking forward to the correction there is always a lot of money to be made during them.
Posted By: trapperkeck

Re: More for money guys - 11/03/24 04:04 PM

With the current jobs report out and the trend over the past 3-4 months, a sell-off is a comin', IMO.
Posted By: Donnersurvivor

Re: More for money guys - 11/03/24 04:09 PM

IRS is just starting to allow 401k contributions to be used for student debt, if there is an expansion of that program there will be less money flowing into the market.

Not saying these events are connected, just bringing it up.
Posted By: Bob_Iowa

Re: More for money guys - 11/04/24 12:17 AM

I’ve heard the funds have started pulling their shorts in the grain market because of inflation concerns and waiting at least after the election possibly after the first of the year to get back in.
Posted By: Yukon John

Re: More for money guys - 11/04/24 01:19 AM

Originally Posted by SGT. C
Cash is still king. I will.always have more cash on hand then stocks. But, I have invested 60% of my portfolio into reloading supplies, ammo, prep supplies, and some precious metals. All which have increased more in value then stocks have.
My 2 cents.

Sarge

Tell that to the post WW1 Germans.
Posted By: danny clifton

Re: More for money guys - 11/04/24 01:49 AM

After WWI the allies told Germany they had to pay everybody's war debt. Germany did. They just printed money. Making the Deutschmark worthless. A contributing factor to Hitler's popularity. See any parallels?
Posted By: alaska viking

Re: More for money guys - 11/04/24 01:56 AM

If you read the Berkshire Hathaway earnings call transcripts, and last year-end stock report, you will find reasons for paring Apple position. B of A trimmings are also likely due to tax considerations.
And as for trying to time the next "big pullback", it is a fool's errand, as any successful investor will tell you.
My gripe now is, with interest rates falling, what does Warren plan on doing with $326 BILLION dollars of investors cash?
Posted By: MJM

Re: More for money guys - 11/04/24 02:29 AM

Originally Posted by danny clifton
After WWI the allies told Germany they had to pay everybody's war debt. Germany did. They just printed money. Making the Deutschmark worthless. A contributing factor to Hitler's popularity. See any parallels?

You mean printing money like they are here?
Posted By: someGuyInKansas

Re: More for money guys - 11/04/24 04:32 AM

Originally Posted by Providence Farm
I'm still buying but also have cash sitting on the side waiting for the drop and buying opportunitys.

Why still buying? Because no one can time the market and dollar cost averaging has been shown to be the clear winning strategy over time. I'm looking forward to the correction there is always a lot of money to be made during them.


Exactly! Believe the math, not the hype.


The finance experts on TV & online are paid to have an opinion, so they always have an opinion. If they said buy & hold low cost funds and rebalance occasionally, there'd be no need to tune in next time.
Posted By: Foxpaw

Re: More for money guys - 11/04/24 12:01 PM

What will the job market and lumber market do when they start rebuilding the hurricane hit areas?
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