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Pastimes : The Justa and Lars Honors Bob Brinker Investment Club Thread -- Ignore unavailable to you. Want to Upgrade?


To: Investor2 who wrote (8191)7/4/2014 10:52:54 AM
From: Boca_PETE  Read Replies (1) | Respond to of 10065
 
Do you think the outcome of the coming epidemics will adversely impact the number of customers investors are counting upon to support those lofty stock prices you so aptly pointed out in your post?
wnd.com
infowars.com
canadafreepress.com

FWIW, I'm concerned as I was originally planning on living into my 90's. I'd speculate that the businesses that produce and sell masks are going to prosper in the go-forward environment.

Make and enjoy each day the best you can make and enjoy it to be! The stock averages may not turn out to be that important!

P



To: Investor2 who wrote (8191)7/4/2014 12:26:18 PM
From: MrGreenJeans1 Recommendation

Recommended By
Boca_PETE

  Read Replies (2) | Respond to of 10065
 
Time to let our stock market position profits run, as the market continues to move higher?


That is the question...it is a rather perplexing one...

Here are my mixed thoughts : nobody ever went broke taking profits, one should sell when everyone else is buying, sell into strength, if you are at critical mass you should protect it to preserve your position, or if you are at critical mass why should you be in the market, after five years of rising a rising market you should take / preserve your hard earned profits, markets crash occasionally, this boom will not go on forever and will inevitably be followed by a bust, this is the third longest bull market in history, central banks are raising asset prices and interest rates near historical lows, the fourth quarter will be probably be strong for the market, what happens when the federal reserve stops QE in the fall?

Let's remember BB has made one or two sell calls over the past thirty years. As a "market timer" every call made in late 2007 / 2008 leading into the financial crisis was completely wrong. He currently talks about markets being at all time highs and investor complacency but yet is still fully invested...an interesting dichotomy. Can someone please explain this to me?

Currently, I am at 77% equities, 23% cash and bonds.

I am looking to exit by the end of the year.

Hopefully, not too much happens btw now and then.

MGJ