Buying stocks on Monday?

[UberCougars]

Buffett just parked $234 Billion into t-bills and now holds more than the Federal reserve according to this source.

 

[dgibbons]

View embedded media

Buffett just parked $234 Billion into t-bills and now holds more than the Federal reserve according to this source.

That was like 6 months ago. Just means Buffet is hoarding cash equivalents and/or doesn't have any investment opportunities that he's wild about.

 

[95coug]

Things are likely to get unpredictable. Stocks related to consumer products are going to be bumpy. Not sure there’s a market sector that looks safe and stable for the immediate future.

 

[Flatlandcoug]

My wife asked me if I should swap out and go super conservative in my 401(k) tomorrow because she was reading that futures were down across the board. I told her that with the way retirement accounts work....I'd just be selling low if the market crashes to start the day. I'm seven years out from retiring (at the earliest) so there's not much point in trying to get too clever.

 

[MikeFingLeach]

This cesspool of a forum is a microcosm of this country. The idiots are loud and cocksure. The intelligent are quiet and uncertain.

 

[95coug]

My wife asked me if I should swap out and go super conservative in my 401(k) tomorrow because she was reading that futures were down across the board. I told her that with the way retirement accounts work....I'd just be selling low if the market crashes to start the day. I'm seven years out from retiring (at the earliest) so there's not much point in trying to get too clever.

I’m 2 years behind you, and in a similar spot. Already too late to sell anything questionable, I expect some of my holdings to open trading down 10-20%. Ford has been sliding for a few weeks, and will fall more. Bank of America will take a hit just based on uncertainty.
Fortunately, I’ve done really well on some energy stocks, so even if it goes down tomorrow I’m in positive territory. For the accounts I manage, I’m looking to scoop up some value. If Ford falls, I’ll buy more and reduce my effective price. It’ll bounce at some point before I’m done.

I bought Smith & Wesson too. Hasn’t made me any money yet, but if things go completely off the rails that might be my gold mine (especially since my gold mining stock didn’t pan out).

 

[Flatlandcoug]

I’m 2 years behind you, and in a similar spot. Already too late to sell anything questionable, I expect some of my holdings to open trading down 10-20%. Ford has been sliding for a few weeks, and will fall more. Bank of America will take a hit just based on uncertainty.
Fortunately, I’ve done really well on some energy stocks, so even if it goes down tomorrow I’m in positive territory. For the accounts I manage, I’m looking to scoop up some value. If Ford falls, I’ll buy more and reduce my effective price. It’ll bounce at some point before I’m done.

I bought Smith & Wesson too. Hasn’t made me any money yet, but if things go completely off the rails that might be my gold mine (especially since my gold mining stock didn’t pan out).

My experience from the last 20 years has taught me that if the stock market takes a big kick in the pants, it always pops back up stronger a few years later. I lost 60% of my stock value in 2008 but by 2011, it was 50% higher than it was before the drop. I took a 25% kick in the balls in 2020 but today I have about 50% more than I had in 2019. Past performance is no guarantee of future success of course.