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Putting back in the market

Old 02-05-2018, 10:01 AM
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Default Putting back in the market

By know means am I a financial guru so need some help. My wives 403 has been in stable for a long time while my 457 and 401 have been in high risk, in my mind diversifying our money. I want to move her money into a little more aggressive and with the market moving down have been putting it back in the last 3 days at anywhere from 15 to 20 % each day. my plan is on days over 1% drops will continue to add. Any suggestions or advice would be appreciated. It is a large some of money 400 grand. Thanks. I know don't take financial advice from a boating forum, but in my opinion if financial advisors were so good they would be on this site with there yachts.
Old 02-05-2018, 10:15 AM
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Personally I'd probably leave it as-is. However, if you must.... Moving money based on the short term is not going to be very productive for you and can get you in LOTS of trouble. Say you move some 'safe' money to the risky stuff on a 1% drop, then the market tanks 30% over the next few weeks.

I'd leave it as-is or even move it to safer stuff (cash, money market, cd...etc) and wait for a BIG market drop to move it to more risky stuff.

It can be deceiving tracking the markets day to day, what seems like a really big move day to day is actually a tiny tic in the grand scheme of long term things.

Personally I feel like we are nearing a top and have slowly been moving money from stocks...etc to more stable investments, namely lots of liquid cash at the moment. I'll probably continue to hold the cash until the next big downturn (when people start screaming the sky is falling and the world will never be the same) Then when I feel we are close to a bottom, I'll start putting the cash to work by moving some every week or so into stocks/mutual funds.
Old 02-05-2018, 10:27 AM
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I would diversify my portfolio into the metal detecting sector.

There's yachts to be found beneath the surface.

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