Anyone moving stocks to more conservative safe haven areas?

[rferg84]

Was my exact thought, you dont lose until you sell. But, some may be in different positions. Market prays on the weak.

100%. Also depends on your risk tolerance and time horizon.

I wouldn't want to be five years before or after retirement heavy in stocks right now but you still have to grow so its a hard place to be.

[Walker]

I can’t imagine selling right now and realizing big losses. I guess it happens every correction, and everyone is in a different position.

You got to do what you think is correct. I think the stocks will continue to tank and I'm not riding them to the bottom.

[bow4my2]

You got to do what you think is correct. I think the stocks will continue to tank and I'm not riding them to the bottom.

Ditto

[TeamAmerica]

I bailed out today. Moved 90% of my money into stable cash funds after losing about 1/3. I thought this crap was going to be short lived but now I think it's here for a while.

Not knowing your situation but asking did you have a higher risk portfolio? S&p is down about 16% from peak. A 33% drop you mentioned makes me ask that question. Hate to see these post and sympathize with a lot of wealth evaporation.

My portfolio is doing just okay. Outside of s&p index funds my biggest holdings are ExxonMobil and Berkshire which are both up YTD. XOM is up 50% and lucky I have held onto this for a long time.

[nocam7]

Gentleman. In times like this it's good to zoom out and think macro. May I recommend lyn alden as a source for information.

Largely if you are in the standard growth stocks that did well during the pandemic you have been caught flat footed. Currently we are in what's called a risk off period. There is some good to be bought but stay away from tech and over valued over leveraged companies. The fed rate hikes are putting these folks under water.

Commodities will continue to do well fundamentally because supply and demand issues. I don't recommend buying high to sell higher. I don't think you should focus on one company. Pick a sector and diversify into best of breed.

Uranium is low priced and stockpiles are about gone. This recent pull back makes some names attractive. CCJ,URNM,DNN,
Metals will continue to do well as they continue to push for "green" everything...it's a lot of copper wire and rare earth to make just one car. For their green plans we'd need to mine way more material.
Oil is going to $150/bbl this year. Gas demand hadn't even hit yet this year. China is gonna open up and there ain't enough because of lack of investment.
Tankers will be important and pay a nice dividend.
Find something actually worth something in this world that pays a dividend and you'll be alright. Stop investing in "ideas" watch what they speak about at davos and invest around it. Be contrairian.

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[Walker]

It's actually a little over 20% and it's all in a 457. I'll be 71 in Aug 2023 so I have to start taking it then. I did have some in S&p indexes. All the rest of my funds had solid histories and performance. I'll see what happens after the midterms.

[nocam7]

It's actually a little over 20% and it's all in a 457. I'll be 71 in Aug 2023 so I have to start taking it then. I did have some in S&p indexes. All the rest of my funds had solid histories and performance. I'll see what happens after the midterms.

The fed starts quantitative tightening in June. More pain through Sept. The fed will create a period of stagflation.
The last tech led rout didn't make it back up for 10years. In the industry we refer to this as the lost decade.
It's really sad how central banks have robbed so many of their savings through financial schemes.
Gogl offers a 13% dividend currently and is poised to continue up trend. Other oil shippers are offering similar dividends should you be interested.
Gold is a store of wealth. It has been relatively stable when compared to currency and investment.
All the best

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[meltingfeather]

Gentleman. In times like this it's good to zoom out and think macro. May I recommend lyn alden as a source for information.

Largely if you are in the standard growth stocks that did well during the pandemic you have been caught flat footed. Currently we are in what's called a risk off period. There is some good to be bought but stay away from tech and over valued over leveraged companies. The fed rate hikes are putting these folks under water.

Commodities will continue to do well fundamentally because supply and demand issues. I don't recommend buying high to sell higher. I don't think you should focus on one company. Pick a sector and diversify into best of breed.

Uranium is low priced and stockpiles are about gone. This recent pull back makes some names attractive. CCJ,URNM,DNN,
Metals will continue to do well as they continue to push for "green" everything...it's a lot of copper wire and rare earth to make just one car. For their green plans we'd need to mine way more material.
Oil is going to $150/bbl this year. Gas demand hadn't even hit yet this year. China is gonna open up and there ain't enough because of lack of investment.
Tankers will be important and pay a nice dividend.
Find something actually worth something in this world that pays a dividend and you'll be alright. Stop investing in "ideas" watch what they speak about at davos and invest around it. Be contrairian.

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Good advice/info.

[rtp]

Well my play around account is back in positive territory and my main portfolio accounts are down 6% in aggregate. I think I’m weathering the storm pretty well so far. Still anyone’s guess if a bigger drop is coming or if that was it.


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[RiverRat1]

Well my play around account is back in positive territory and my main portfolio accounts are down 6% in aggregate. I think I’m weathering the storm pretty well so far. Still anyone’s guess if a bigger drop is coming or if that was it.


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You think there's a chance with two more 50 point rate raises and fed selling 80billion per month we won't at least retest the lows again?

Some big reports like MSFT guidance wasn't good IMO. Not that I'm great at that sort of thing but I'd think AMZN and MSFT slowing down has to hurt every other company.

[rtp]

You think there's a chance with two more 50 point rate raises and fed selling 80billion per month we won't at least retest the lows again?

Some big reports like MSFT guidance wasn't good IMO. Not that I'm great at that sort of thing but I'd think AMZN and MSFT slowing down has to hurt every other company.

Man I’m all out of guesses. Just glad to be where I am today. It seems all the smart people that get paid big bucks to know these things are wrong more often than those of us guessing on this thread.

I did read that msft and amzn and tech across the board slowing down was actually a good indicator regarding inflation. Who knows?


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[RiverRat1]

My concern is if the markets stay up this high or higher the FED will just raise rates even more until everything implodes.

The FED still swears up and down they will raise 50 the next two times.. We shall see. If they back off and don't raise the markets will be up 6-8% in one day LOL

[PlanoDano]

I do not think the Fed is done yet. Just noticed last weekend, every restaurant parking lot was full. I drove a neighbors kid to work at an outlet shopping center and got into a traffic jam at the location- all parking was full and most people were carrying 2 or 3 bags. The inflation is no longer mainly supply chain driven, it is consumer driven. Problem is consumers are not that good of drivers, expect them to crash when the bills get real and credit gets tight. When they crash watch what happens to the job market a few months after. I've been wrong before but I think we have a really good chance of seeing a recession. I do not think there is anything the FED or the government can do to prevent it.

[captainsling]

My concern is if the markets stay up this high or higher the FED will just raise rates even more until everything implodes.

The FED still swears up and down they will raise 50 the next two times.. We shall see. If they back off and don't raise the markets will be up 6-8% in one day LOL

Heard today they already plan to raise in June and July. 50 both times and go from there.

[lilavidhunter]

Man I’m all out of guesses. Just glad to be where I am today. It seems all the smart people that get paid big bucks to know these things are wrong more often than those of us guessing on this thread.

I did read that msft and amzn and tech across the board slowing down was actually a good indicator regarding inflation. Who knows?


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I’m with you there.

I watch Loudmouth Jim Craemer most evenings and just 2 short years ago he was pushing FANG Stocks and bashing oil and gas. Now look where we are. I have way too much XOM in my portfolio, but glad I do now.