Liquidate entire portfolio until virus is over?

EdGasketTheSecond

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

thegentleway

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. Have you had any sucesses/failures trying to time the market before?

bowlhead99

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

thegentleway

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

Thrugelmir

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

Sebo027

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

The argument to that would be: by being well invested and diversified, you aren't even standing on the tracks.

Thrugelmir

Sebo027 said:

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

The argument to that would be: by being well invested and diversified, you aren't even standing on the tracks.

Sebo027 said:

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

The argument to that would be: by being well invested and diversified, you aren't even standing on the tracks.

Anybody can "invest" with eyes closed.  

thegentleway

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

I was under the impression natural instincts are pretty costly for investing... What avoiding action have you taken?

bowlhead99

Sebo027 said:

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

The argument to that would be: by being well invested and diversified, you aren't even standing on the tracks.

Not really. The analogy would be that if you are well diversified then you are partially off the tracks, and whatever you have on the tracks will not cause terminal injuries if it gets hit by the express train. Perhaps you are an octopus or starfish with some arms/legs/tentacles/whatever on the tracks. After the train hits you, assuming you don't die from the shock of having some of your legs smashed to bits, they will regrow, and meanwhile you have a bunch of other legs that allow you to still get around the place. 

Still, in such a scenario, one might still have advised the octopus to swing his legs out of the way of the fast approaching train to avoid the physical and emotional trauma of having them smashed to bits. The problem is that in this convoluted analogy the other places near the train track offer potentially worse fates - if you swing your legs off the train tracks and into a vat of radioactive sludge which poisons your limbs, albeit without actually destroying them... and then with hindsight you find out that the train got diverted at the last set of points so wouldn't have hit you anyway, or the train was only a toy train so an impact wouldn't have caused much damage... then perhaps it wasn't such a great idea to meddle with the 'arms and legs all over the place' strategy because with hindsight you've caused more problems than you've solved.

Thrugelmir

thegentleway said:

Thrugelmir said:

thegentleway said:

bowlhead99 said:

thegentleway said:

EdGasketTheSecond said:

If gold/silver become expenses relative to other asset classes then I will switch but I think gold/silver and related stocks are the place to be for the next couple of years; plus possibly shorting the stockmarket when appropriate.

I can see the appeal of trying to time the market but the risk puts me off! Very surprising to hear you are doing it with most of your portfolio. 

It can't be that surprising given that we are five months and more than 1250 posts on the topic of potentially liquidating part or all of a portfolio for a period in search of better overall outcomes. It's been discussed for the last 126 pages!

I think it's surprising, especially after that much discussion, OP still went ahead! (I'm not going to lie, I didn't read the 126 pages so I'm a bit late to the party).

When there's an express train coming down the tracks towards you. Taking avoiding action should be a natural instinct. 

I was under the impression natural instincts are pretty costly for investing... What avoiding action have you taken?

In summary went 65% cash between mid Febraury and early March. After which I progressively bought back in , though my portfolio has a very different composition now to pre Covid. Now primarily back into cash accumulation phase again.