Markets... Is it time to Cash Out?

[poker]

Seeing a lot of stress on supply chains in the headlines lately. I have a little money in some funds. S&P500 is the biggest market fund.

Is it time to cash out, and re-invest in the dip. Is a correction coming.

I think we will see a bigger crash than we saw in 2020.

 

[rhuarc29]

Those supply chain stresses have been around nearly a year, but reached dangerous levels in the Spring. Didn't bother the markets.
Much of the current market volatility relates to the U.S. budget impasse. Markets will plunge dramatically if that doesn't resolve, but I don't see an immediate crash in the cards if they avoid a shutdown. Lord knows, there should definitely be a pullback in the markets based on all the issues right now, but markets are somewhat decoupled from reality.
I agree though. There's a big crash looming. But as we saw in 2008, those crashes can be delayed to the point where they're quite overdue (and painful).

 

[Frankfooter]

I thought people were more worried about Evergrande and where that was going.

 

[poker]

Those supply chain stresses have been around nearly a year, but reached dangerous levels in the Spring. Didn't bother the markets.
Much of the current market volatility relates to the U.S. budget impasse. Markets will plunge dramatically if that doesn't resolve, but I don't see an immediate crash in the cards if they avoid a shutdown. Lord knows, there should definitely be a pullback in the markets based on all the issues right now, but markets are somewhat decoupled from reality.
I agree though. There's a big crash looming. But as we saw in 2008, those crashes can be delayed to the point where they're quite overdue (and painful).

I think the Re-Pugs may want the markets to crash, as a way of saying "see... look what happens when Dems are in control.

 

[Fun For All]

Seeing a lot of stress on supply chains in the headlines lately. I have a little money in some funds. S&P500 is the biggest market fund.

Is it time to cash out, and re-invest in the dip. Is a correction coming.

I think we will see a bigger crash than we saw in 2020.

I've had great gains in 2021...

 

[Phil C. McNasty]

Seeing a lot of stress on supply chains in the headlines lately. I have a little money in some funds. S&P500 is the biggest market fund.

Is it time to cash out, and re-invest in the dip. Is a correction coming.

I think we will see a bigger crash than we saw in 2020

I see the opposite. I think we're headed for a roaring 20's golden era.

But since I dont have a crystal ball I reserve the right to be wrong

 

[LukeG]

Maybe? Set a stop loss order to sell everything at a 10% loss from the current value.

 

[|2 /-\ | /|/]

I am just keeping 30% in 6 stocks of my portfolio in one account and waiting to buy the dip in the 2nd with the remaining 70%. I don’t mind holding years if it takes to go back up but always invest stocks with 2 accounts and try to buy the dip and wait to sell higher. Probably correction coming soon but likely not when people most expect it.

 

[bazokajoe]

Nobody can time the markets.
It's always been buy or sell at your own risk.

 

[poker]

I got 2 accounts.... I cashed out 90% of one... the other is CIBC. Closed today. Fuck.

My Spidey senses are tingling...

 

[Valcazar]

I think the Re-Pugs may want the markets to crash, as a way of saying "see... look what happens when Dems are in control.

They have made that fairly clear.
The GOP is very happy making any crisis worse if they can score political power from it.

 

[Anbarandy]

I see the opposite. I think we're headed for a roaring 20's golden era.

But since I dont have a crystal ball I reserve the right to be wrong

And we know how that ended, don't we.

 

[Anbarandy]

Those supply chain stresses have been around nearly a year, but reached dangerous levels in the Spring. Didn't bother the markets.
Much of the current market volatility relates to the U.S. budget impasse. Markets will plunge dramatically if that doesn't resolve, but I don't see an immediate crash in the cards if they avoid a shutdown. Lord knows, there should definitely be a pullback in the markets based on all the issues right now, but markets are somewhat decoupled from reality.
I agree though. There's a big crash looming. But as we saw in 2008, those crashes can be delayed to the point where they're quite overdue (and painful).

Current, this week it's the US budget impasse.

Markets are divorced from reality as the FED has inflated the markets as a byproduct of it's quantitative easing, a 0.25% FED funds rate policy and instituted a floor on the market with it's insurance guarantee of 'rescue' since 2008.

The FED induced woeful bond markets is a guaranteed flow of cash to the equity markets. ie - there is nowhere else for money to go except to the equity markets.

 

[Krakatoa]

As someone said above, you can't time the market. If things crash, let them crash and just ride it out. It always comes back. As long as you have time on your side, you'll do just fine. In fact you'll do far better than fine if you just let your stocks/investments grow over 20-30 years. Make sure you diversify.

 

[Brill]

Who knows if it's true or not, but there's a quote frequently attributed to Joe Kennedy that goes: “If shoeshine boys are giving stock tips, then it's time to get out of the market.”
The reverse could be true, if people are panicking it might be a buying opportunity. Or not, lol.

 

[mdo2886]

Definitely time to play it safe IMO.

Markets have had a huge run since the March crash.

 

[ex premier mike harris]

As the ex premier I recommend massive YOLO puts on the TSX

 

[Anbarandy]

As the ex premier I recommend massive YOLO puts on the TSX

Hey Mike, how's Chartwell doing?

What's the income to kill ratio in your senior warehouses these days?

 

[Jasmina]

Canadian banks aren't going anywhere, just hold your stocks.

I got 2 accounts.... I cashed out 90% of one... the other is CIBC. Closed today. Fuck.

My Spidey senses are tingling...

 

[Phil C. McNasty]

And we know how that ended, don't we

The Great Depression didnt start till around 1930 or so