Home Forums Hunting & Shooting Hunter's Campfire What are you looking for to get back in the market?

I have my entire 401k in a money market today. I made about 4 percent back early in the year and got back out and have been waiting for a sign it's time to buy back. Everyone at work is down 20-30 percent. From reading all the headlines it sounds like late summer will be somewhere near the bottom and maybe we get back to where we were in Jan. 22 in a couple of years. If you were me ( age 61 ) what would you do with a big pile of cash parked? The funds I'm able to choose from have lost 20-40 percent on average and I'm wondering do you buy back the hi risk hi return funds expecting them to make the biggest move in a slow turn around or do you go with the safest funds that lost the least? Nothing about what's going on makes sense so I don't think the usual pattern of investing is the way out or I could be totally wrong. What would you guys do if you were me.............I was thinking about going back in Monday with 25 percent, but it's nothing but bad news and I think the Fed is worried and maybe cash is king and the market is years away from recent highs and I want to sleep at night.

You have not seen the bottom. Raising rates to come, along with Brandons incompetence will slow forward progression for the next year. You will see markets start to get legs after a savior is announced to challenge the potus...

I have nothing, but wifey has company stock, she singing the blues. Friend has same, company cut value by 20%, lost 200,000 bucks, he really sad. I have teachers retirement, hope the fund hasn’t lost too much in the market.

After the Midterms!

JMO, I am not a financial advisor, but the time to buy back in will be at somewhere between 15K and 19K. I really believe it will go that low.

Apple under $115


Buy


Buy

Buy

Right now, the market sucks,and it's not going to get any better soon, i have always thought 401-k is a suckers game, keep you money in your pocket, a least you will know where it is and who is spending it. YMMV Rio7

The Publishers Clearing House Prize Patrol….

I agree with Dave price after the election.

Unless you are a stock picker.

I never got out. I'm 60 and retired.

Ed M

Do you rebalance when it’s a bear?

Or let it ride?

This. Bottom picking is the fools game.....

I'm still in as bonds aren't doing crap. Expect to see a pickup with the mid-term elections.

Been retired since 2008 and despite my monthly withdrawals the accounts are still growing.

What are your goals? Retirement in one year, 5 years or longer?

Can't pick the bottom. There's lots of deals right now. If you are sitting on cash and have a 5 year+ time line, you've got the ability to make a ton.

I think now might be the time to dip you toes in the water. Who knows where the bottom is. It may go lower or not. But I think over time it wii be well above where it’s at now. Hasbeen

On Thursday only 18 % of the S&P was above its 200 day average. Or was it Wednesday?

Any hoo

Things B cheaper

In January of 1966 the Dow Jones Industrial Average hit a level of 990. It would continue trading in a range of roughly 600 to 1,000 over the following 17 years.

To a technical trader when a market drops below the 200 day moving average that is a Bear signal.... shoulda got out before that

If you plan to get back in, I would start doing it now. Timing the market is a game for losers. Unless you are really lucky, you will be better off just riding it out. My 401k is in company stock, but its going up, not down. It is not publically traded. My play money is in a NASDAQ ETC and down about 20%, so when it gets back to where it was, I should be up 15% or so. I am not a financial advisor, but I would stay in and ride it out. Since you are out (with your money getting decimated by inflation by the way, which means you are still losing), you have to determine if you are ever going to go back in. I would expect the markets to be higher in a year or so and you will have made 35% if you ride the NASDAQ back up, 20% if you get into the DOW. I dont think Tech is going away, and tech is going to lead us into the future. Its going to continue to play a big role in everything. I am going to keep investing in NASDAQ ETF's or index fund. If this country wasnt killing its own energy industry and paying people to stay home, we would be rolling in good times still. If you beleive in some companies, a group of companies or genre of companies, stay with it. I have made my retirement account through good mutual funds, and they will keep making money going into the future.

What if it was Fed liquidity propping up the markets for the last dozen years?