Buy, Sell, or Hold

Just another data point one might consider in timing one's investment purchase:



i.e. Stocks are relatively overvalued, (high priced), now; DonDiego says be careful out there.

The lack of return in other areas is what is propping up the market. Q1 earnings haven't been great

Lack of returns is what happens when the Central Bank endeavors to keep interest rates at historic lows in what has turned out to be a feeble attempt to stimulate borrowing.

When interest rates turn negative, again to stimulate spending . . . and a completely unnatural economic condition to be caused by the Central Bank, . . . DonDiego does not know what to expect. Where does one put one's cash if one is charged to keep one's money in the bank ?

[An Historic Note:

In 1834 the US President had forced the US Central Bank out of existence. In 1835 the United States Federal Budget was balanced and the entire United States debt balance was reduced to zero.
This has not happened since then.

Where is President Andrew Jackson when he is needed again ? ? ?
Well for one he is being removed from the US currency; but one needn't fret, as he'd've preferred not to be on such bills anyway.]

Anyone my age of 57 and DD's age should be in a near 100% cash position, if possible. Sometimes tax situations can make this a sticky situation, however. If I were a younger man of 40, I'd still be in fully cash position today.

I am 58. My portfolio is up 16.7 % from November 1st of 2015, and up almost 65 % since 2012. Thank god I've learned to ignore advice from pseudo intellectuals. Enjoy your one percent returns.
How can one possibly justify having all cash while continuously bashing the government for printing cash?
The only reason I keep any cash on hand is in case a buying opportunity arises or bribes need be given.

Well if braggin' is now in order, . . .

DonDiego sold almost all his stocks during the dip in late September 2015. He kept a few stocks in which he held a very small amount. And he did keep his largest single holding.
Since scoring a low in early September DonDiego's largest single holding has essentially tripled in 8 months; it is now worth more than his house, . . . a lot more.

And he's still got a heap of cash waiting for some sign of better times ahead.

Worth more than a house in Appalachia? Am I supposed to be impressed?
I bought a comic book this week- Avengers 1 in 8.0 worth more than most houses in American Somalia.

I don't see much opportunity in the market right now. When Clorox is selling at 25x earnings you know things are getting a little over priced.

I've been putting all my new capital towards paying down my mortgage this year. I'm on pace to have it paid off by my 47th birthday.

I did something similar, paying off house at 46, a few months prior to turning 47. Once I reached a point where standard deduction outweighed itemized deductions, I couldnt pay off house fast enough.

Nothing wrong with having a paid up house, but there are plenty of buying opportunities in the market.