2022 Stock Market

[cyfan92]

Time to cut my OXY holdings? Feels like a good time to cut my energy exposure with demand forecasts looking less friendly to current price levels

 

[bos]

Time to cut my OXY holdings? Feels like a good time to cut my energy exposure with demand forecasts looking less friendly to current price levels

Didn’t Buffet just buy a bunch more? Curious what the play is here.

 

[cyfan92]

Didn’t Buffet just buy a bunch more? Curious what the play is here.

He holds $10B of preferred shares. Any new stake is either moving him closer to owning it outright. Or parking cash (earning nothing) in a high dividend stock.

I'm more interested in P/E growth in my retirement savings than dividends (for the most part) in my 30's.

 

[bos]

He holds $10B of preferred shares. Any new stake is either moving him closer to owning it outright. Or parking cash (earning nothing) in a high dividend stock.

I'm more interested in P/E growth in my retirement savings than dividends (for the most part) in my 30's.

Ah wasn’t sure where you were keeping it. I’ve been sitting on some of it in my taxable brokerage. Not a lot, just riding what I have around a bit. Really no idea where that one is gonna go.

 

[SCNCY]

From what I have read, it looks like the increase in inflation is slowing, so we may be at the inflection point. Additionally, with consumer confidence coming below 100, people appear they may be holding pack on purchasing. Additionally, China should be ramping up again, which will hopefully being pushing through gods into the supply chain. Then the only major inflationary pressure will be the war in Ukraine. Hopefully...

 

[ClonesFTW]

This is going to be an extremely interesting week as SPY aggressively bounced off the 200MA today. If it closes the weekly candle above 432ish it's very possible we saw the bottom in June.

 

[cedarstrip]

Historically this coming week is the worst for the market, my portfolio is a already a steaming pile of dog****. Where should I be putting my new money right now?

 

[keepngoal]

Historically this coming week is the worst for the market, my portfolio is a already a steaming pile of dog****. Where should I be putting my new money right now?

I am buying down my DIS position with two units.

 

[BCClone]

Historically this coming week is the worst for the market, my portfolio is a already a steaming pile of dog****. Where should I be putting my new money right now?

I decided about 4 months ago to throw my open cash at the house loan. 3 5/8% and will have it done about this time next year by doing that. Got tired of the house payment and wanted to shave a year or two off it. Not a great return but 3 5/8 is better than this market right now.

 

[DeereClone]

I decided about 4 months ago to throw my open cash at the house loan. 3 5/8% and will have it done about this time next year by doing that. Got tired of the house payment and wanted to shave a year or two off it. Not a great return but 3 5/8 is better than this market right now.

I am pretty sure we are at different stages in life with different goals, but Vanguard money market fund is up to 2.50%. I’m parking cash there right now and not touching my mortgage (very lucky, at 2.375% for 30).

 

[BCClone]

I am pretty sure we are at different stages in life with different goals, but Vanguard money market fund is up to 2.50%. I’m parking cash there right now and not touching my mortgage (very lucky, at 2.375% for 30).

I just get tired of loans after awhile. I used to get 4-5 year car loans and pay them off after 2, at most 3, just because I’m tired of loan payments. Now I just say if I can’t throw cash at a vehicle, I don’t want it.

 

[DeereClone]

I just get tired of loans after awhile. I used to get 4-5 year car loans and pay them off after 2, at most 3, just because I’m tired of loan payments. Now I just say if I can’t throw cash at a vehicle, I don’t want it.

Yep I get it.

 

[KnappShack]

I am pretty sure we are at different stages in life with different goals, but Vanguard money market fund is up to 2.50%. I’m parking cash there right now and not touching my mortgage (very lucky, at 2.375% for 30).

I made a deal with myself to pay off whatever mortgage I had 30 years after my first mortgage payment. I bought that Beaverdale home in 1999. The 30 year mark is starting to get close, but I'm under 3% now.

I don't think I'll touch that mortgage now and I really don't like debt.

 

[JP4CY]

I am pretty sure we are at different stages in life with different goals, but Vanguard money market fund is up to 2.50%. I’m parking cash there right now and not touching my mortgage (very lucky, at 2.375% for 30).

I'll have to look into Vanguard. My Ally is 2.1 right now.

 

[JP4CY]

I decided about 4 months ago to throw my open cash at the house loan. 3 5/8% and will have it done about this time next year by doing that. Got tired of the house payment and wanted to shave a year or two off it. Not a great return but 3 5/8 is better than this market right now.

We are considering this as well. We took out a 15 yr @ 3.25 a decade ago and have usually thrown an extra hundred or two a month at it. Not a ton left.

 

[DeereClone]

I'll have to look into Vanguard. My Ally is 2.1 right now.

I rolled a 401k to IRA with them and have a non-retirement account with them and I’ve been happy.

 

[DurangoCy]

I'm still putting as much cash as I can get me hands on in the market (SP 500 funds). Also, actively saving for a rental or to build a house in the next couple years when things stabilize or costs come down. ...I hope.

I looked at my NW and I'm up 0.81% this year after being up 45.50% last year.

 

[cycloneG]

 

[BCClone]

Almost sold wife’s PFG shares when it hit 80 since it would bob between that and 65. Glad I was busy.

 

[keepngoal]

Looking at moving and/or consolidating our accounts to other brokerage(s). We currently have 4 accounts with different investment houses. What are the thoughts on consolidation to 1 or 2, or keeping 4?