5.5% On Money Markets Doesn't Seem So Bad When Corrections Descend

[Jack24]

I'm not trying to be funny, but cash shall reign as king until further notice.

Tighten those stops.

Not losing money is the corollary to a physician doing no harm.

Getting the patient 5.5% better isn't bad, either.

[aiki14]

So you're not seeing any more upside in the broader markets? I took a bunch off the table in nov and dec thinking we would see a correction, and of course it didn't happen. As earnings come out we're still seeing records in the Financials, and the cyclicals aren't showing the weakness we would expect. Nothing in the Bond market changed after yesterdays numbers and they were surprisingly strong. I am back in for the most part.
What's your justification for your statement? Do you have a particular matrix of indicators you base it on?

[krazykowboy]

Hmmmmmm.
Aiki, now that thar's a subtle way o tellin a guy to go screw himself .

:lol:

[White Rabbit]

Cash is always King when you are retired and watching your portfolios !

I took a couple of hundred grand out recently and I am waiting on the sidelines for some opportunities. Still have a lot long term in the market.

"Getting the patient 5.5% isn't bad either."

And That's a Fact Jack http://www.masonictemple.net/pt/murray.jpg

[clavocat]

i like the bullish percent indexes- showing a correction soon
also in IBD investors intelligence survey and when people are 60% we go down and it was at that last week, now its at like 55%...buying comes when there are 40% bulls- its pretty darn accurate.

[Imperator]

why put in money market... when you can get safe dividend yeilds almost as high with price appreciation.

I have been even looking at junk bond funds that yeild 10%

[optimus25]

I like these for short term/high yield:

JFR, JTP, JFP, JPC

Brought to you by Nuveen closed end funds. Trades like stock.

[Luc1Grunt]

I'm not trying to be funny, but cash shall reign as king until further notice.

Tighten those stops.

Not losing money is the corollary to a physician doing no harm.

Getting the patient 5.5% better isn't bad, either.

There's one in every bunch. Make money up, down, or sideways.

Bears screaming bloody murder getting butt raped since August with shorts. Sorry man, I'll trade any market.

Long term? Dividends taxed at lower rates than MM and many big companies are undervalued providing "instant" margins of safety. Take a hard look at STA, AHM, CAT, CVX...on and on.

Correction a few years back kicked NAZ in the teath, but look at the big dogs that were values at that time.....they be still a runnin'

Life is good. 8)

[aiki14]

There's one in every bunch. Make money up, down, or sideways.

Bears screaming bloody murder getting butt raped since August with shorts. Sorry man, I'll trade any market.

Long term? Dividends taxed at lower rates than MM and many big companies are undervalued providing "instant" margins of safety. Take a hard look at STA, AHM, CAT, CVX...on and on.

Correction a few years back kicked NAZ in the teath, but look at the big dogs that were values at that time.....they be still a runnin'

Life is good. 8)

Colorful description, absolutely correct. I'll trade any market.
If anyone doesn't understand Luc's point, read "Reminiscences of a Stock Operator". It's the Beowulf of stock trading stories.

[optimus25]

Colorful description, absolutely correct. I'll trade any market.
If anyone doesn't understand Luc's point, read "Reminiscences of a Stock Operator". It's the Beowulf of stock trading stories.

I've read the book...good read, a classic.