Off topic “coronavirus”

[Coronita]

[quote=ltsdd]Good news: I was 60% cash since the beginning of the year
Bad news: I pushed half of it back in yesterday

…I think I’ll sit on the remaining 30% until the smoke cleared.[/quote]

Dude, I’m sorry. But you know what, imho, this hysteria doesn’t make any sense, you’ll be fine.

In the future, here’s my advice. Aim small, miss small.

If you have 60% in cash, don’t do what everyone else does and move a huge chunk of it back in all at once. This big bang approach more often times fails than succeeds. You want to diddy it up in smaller blocks. Because you can’t guess absolute bottoms or absolute tops. So for example, move 10% yesterday, move 10% today, more 10% next week, etc. That way if you guess wrong on your timing, you don’t run out of bullets.

I say this, because I learned this the hard way when I was buying selling stocks when i was 20, and got burned on one hand. Everyone at some point learns these lessons at some point or the other, so don’t sweat it. You’ll be fine in the long run.

The good news is you have 50% of your bullets left! That’s still a lot of bullets.

A friend of mine just pointed out JP Morgan is on sale. 2.85% dividend yield. I’m in.

[Coronita]

[quote=spdrum][quote=flu]Moderna stock doing well today Find all the biotech stocks working on vaccine and ride the wave up.[/quote]

enjoy that ride. I’m moving around some long term core holdings that haven’t gotten hit into some that did. Out of real estate and utilities into financials and tech.

Hi friend:)[/quote]

Thanks friend. That was pretty good advice!
Your other advice I’m contemplating (moving money from funds that are going up, mainly bonds) back into stock…. Not much, thinking of selling a small 10% of BND and VTC and put that into indexes.

[Anonymous]

[quote=flu][quote=spdrum][quote=flu]Moderna stock doing well today Find all the biotech stocks working on vaccine and ride the wave up.[/quote]

enjoy that ride. I’m moving around some long term core holdings that haven’t gotten hit into some that did. Out of real estate and utilities into financials and tech.

Hi friend:)[/quote]

Thanks friend. That was pretty good advice!
Your other advice I’m contemplating (moving money from funds that are going up, mainly bonds) back into stock…. Not much, thinking of selling a small 10% of BND and VTC and put that into indexes.[/quote]

Happy to help

[Coronita]

[quote=BFFBrian][quote=flu][quote=spdrum][quote=flu]Moderna stock doing well today Find all the biotech stocks working on vaccine and ride the wave up.[/quote]

enjoy that ride. I’m moving around some long term core holdings that haven’t gotten hit into some that did. Out of real estate and utilities into financials and tech.

Hi friend:)[/quote]

Thanks friend. That was pretty good advice!
Your other advice I’m contemplating (moving money from funds that are going up, mainly bonds) back into stock…. Not much, thinking of selling a small 10% of BND and VTC and put that into indexes.[/quote]

Happy to help[/quote]

The best friends are the ones that tell you to jump when you are scared shitless, lol.

[ltsddd]

[quote=flu][quote=ltsdd]Good news: I was 60% cash since the beginning of the year
Bad news: I pushed half of it back in yesterday

…I think I’ll sit on the remaining 30% until the smoke cleared.[/quote]

Dude, I’m sorry. But you know what, imho, this hysteria doesn’t make any sense, you’ll be fine.

In the future, here’s my advice. Aim small, miss small.

If you have 60% in cash, don’t do what everyone else does and move a huge chunk of it back in all at once. This big bang approach more often times fails than succeeds. You want to diddy it up in smaller blocks. Because you can’t guess absolute bottoms or absolute tops. So for example, move 10% yesterday, move 10% today, more 10% next week, etc. That way if you guess wrong on your timing, you don’t run out of bullets.

I say this, because I learned this the hard way when I was buying selling stocks when i was 20, and got burned on one hand. Everyone at some point learns these lessons at some point or the other, so don’t sweat it. You’ll be fine in the long run.

The good news is you have 50% of your bullets left! That’s still a lot of bullets.

A friend of mine just pointed out JP Morgan is on sale. 2.85% dividend yield. I’m in.[/quote]

Truth is I am at the point where my “go to hell” fund is more than adequate. Conventional logic dictates that I stay the course – stick with what got me here. However, it’s easier said than done since I don’t want to risk losing the financial independent status. I am far more “sad” if I were to lose $100K than I am “happy” gaining $100k. I would not go beyond the 70/30 ratio (cash/equity), but at the same time I like to lock in my profits when it makes sense. I guess in not so many words, I am more focused on protecting what I already have.

[Coronita]

[quote=ltsdd][quote=flu][quote=ltsdd]Good news: I was 60% cash since the beginning of the year
Bad news: I pushed half of it back in yesterday

…I think I’ll sit on the remaining 30% until the smoke cleared.[/quote]

Dude, I’m sorry. But you know what, imho, this hysteria doesn’t make any sense, you’ll be fine.

In the future, here’s my advice. Aim small, miss small.

If you have 60% in cash, don’t do what everyone else does and move a huge chunk of it back in all at once. This big bang approach more often times fails than succeeds. You want to diddy it up in smaller blocks. Because you can’t guess absolute bottoms or absolute tops. So for example, move 10% yesterday, move 10% today, more 10% next week, etc. That way if you guess wrong on your timing, you don’t run out of bullets.

I say this, because I learned this the hard way when I was buying selling stocks when i was 20, and got burned on one hand. Everyone at some point learns these lessons at some point or the other, so don’t sweat it. You’ll be fine in the long run.

The good news is you have 50% of your bullets left! That’s still a lot of bullets.

A friend of mine just pointed out JP Morgan is on sale. 2.85% dividend yield. I’m in.[/quote]

Truth is I am at the point where my “go to hell” fund is more than adequate. Conventional logic dictates that I stay the course – stick with what got me here. However, it’s easier said than done since I don’t want to risk losing the financial independent status. I am far more “sad” if I were to lose $100K than I am “happy” gaining $100k. I would not go beyond the 70/30 ratio (cash/equity), but at the same time I like to lock in my profits when it makes sense. I guess in not so many words, I am more focused on protecting what I already have.[/quote]

Gotcha. Totally understandable! I don’t think you have anything to worry about either way.

[Anonymous]

Too bad Brian is too busy shopping at Ikea to enjoy all the fun today

[outtamojo]

Lots more pandemic talk recently- social media will soon be the only way people get together. Buy stock in the Pigg!

[Coronita]

[quote=outtamojo]Lots more pandemic talk recently- social media will soon be the only way people get together. Buy stock in the Pigg![/quote]

overeaction!

Vaccine probably available in a few months.

[outtamojo]

I would like an effective vaccine please- something better than what we have for influenza!

[ltsddd]

I find it very interesting that India has not said much about the virus. I don’t even want to imagine what it’s going to be like for a city like mumbai – densely populated and not exactly the most sanitized – to get hit with the virus.

[Coronita]

[quote=ltsdd]I find it very interesting that India has not said much about the virus. I don’t even want to imagine what it’s going to be like for a city like mumbai – densely populated and not exactly the most sanitized – to get hit with the virus.[/quote]

It’s 80F right now in Mumbai.
Wondering if anyone has done a test on temps and the virus’ survival.

[ltsddd]

Oman and the UAE each has a few cases. Temperatures is ~75F. MERS outbreak started in the middle east in the dead of the summer in 2012.

According to Harvard SITN:
The results from the study suggest that influenza actually survives longer at low humidity and low temperatures. At 43°F with very low humidity, most of the virus was able to survive more than 23 hours, whereas at high humidity and a temperature of 90°F, survival was diminished at even one hour into incubation

[Coronita]

[quote=ltsdd]Oman and the UAE each has a few cases. Temperatures is ~75F. MERS outbreak started in the middle east in the dead of the summer in 2012.

According to Harvard SITN:
The results from the study suggest that influenza actually survives longer at low humidity and low temperatures. At 43°F with very low humidity, most of the virus was able to survive more than 23 hours, whereas at high humidity and a temperature of 90°F, survival was diminished at even one hour into incubation[/quote]

Sorry, I was quoting morning temps. Mumbai’s temp reaches in the 90’s around 2-3pm, humidity is around 33%.

Italy, Iran, UAE, Oman are all around the 40-50ies right now, though high humidity.

Would be an interesting experiment though indoors….Crank up the heat to 90+F and run some humidifiers….

[Coronita]

Look like Korean Flight attendant to LAX had it.

https://abc7.com/5968126

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