Menu

Home › Forums › Financial Markets/Economics › when to buy into 401k?

Viewing 15 posts - 1 through 15 (of 46 total)
1 2 3 4
  • Author
    Posts
  • October 14, 2008 at 12:43 PM #14210
    beanmaestro
    Participant

    So… I went nearly all-cash with my 401k/Roths a year ago with the S&P at 1500. With the market down 40%, it’s really hard not to pull the trigger on buying back in. Globally we have govts anteing up a lot of money across the board, and you have to think that would put a floor under things. So it’s really tempting to put maybe 30-50% of my money back in now.

    On the other hand, the chatter here on the pigg is that this is a fool’s rally, and I’ll have plenty of time to buy in later much further down. Can folks justify that position for me? Or is there mixed opinion on which way we’re headed?

    Thanks…

    October 14, 2008 at 12:58 PM #287219
    meadandale
    Participant

    Remember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.

    Market timers rarely do well in the market.

    Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.

    If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.

    That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.

    October 14, 2008 at 12:58 PM #287566
    meadandale
    Participant

    Remember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.

    Market timers rarely do well in the market.

    Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.

    If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.

    That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.

    October 14, 2008 at 12:58 PM #287561
    meadandale
    Participant

    Remember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.

    Market timers rarely do well in the market.

    Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.

    If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.

    That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.

    October 14, 2008 at 12:58 PM #287518
    meadandale
    Participant

    Remember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.

    Market timers rarely do well in the market.

    Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.

    If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.

    That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.

    October 14, 2008 at 12:58 PM #287535
    meadandale
    Participant

    Remember, most of the gains made in the stock market are made when the general ‘wisdom’ is to be in cash.

    Market timers rarely do well in the market.

    Chances are, you didn’t sell at the peak and chances are you won’t buy back in before quite a bit of the upward movement is past you.

    If you wait until Piggs are saying it is safe to get back in, we’ll be long past any decent gains.

    That’s why I don’t try and play that game. All my retirement positions are long positions and I have most of my money in ‘market’ positions with a few, generally strong, single stocks. I’m down quite a bit right now but since I’m still in the market, all the losses are ‘virtual’.

    October 14, 2008 at 1:03 PM #287224
    peterb
    Participant

    If you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.

    October 14, 2008 at 1:03 PM #287571
    peterb
    Participant

    If you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.

    October 14, 2008 at 1:03 PM #287567
    peterb
    Participant

    If you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.

    October 14, 2008 at 1:03 PM #287523
    peterb
    Participant

    If you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.

    October 14, 2008 at 1:03 PM #287540
    peterb
    Participant

    If you really cant help yourself, check out GDX. This is cheap and should do well in this recession as this sector usually does after a credit bubble bursts. I’ve bought some today myself. But this is looking to be the worst Xmas season in decades. So, you’re warned. November could be a bloodbath.

    October 14, 2008 at 1:47 PM #287586
    sdrealtor
    Participant

    You dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.

    October 14, 2008 at 1:47 PM #287582
    sdrealtor
    Participant

    You dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.

    October 14, 2008 at 1:47 PM #287555
    sdrealtor
    Participant

    You dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.

    October 14, 2008 at 1:47 PM #287239
    sdrealtor
    Participant

    You dont need to go all in. Why not put 20% in now and watch what happens for a week or two. Continue re-entering or staying out based upon what the market tells you.

  • Author
    Posts
Viewing 15 posts - 1 through 15 (of 46 total)
1 2 3 4
  • You must be logged in to reply to this topic.