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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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<blockquote data-quote="Fat Boss" data-source="post: 16443251" data-attributes="member: 122645"><p>I decided last week that I was moving my money back out of stocks and mutual funds for a while. There's a few reasons, notably the nonchalance I am seeing about the virus and the upcoming election. Further, there's an old saying that goes something like, "when the average person on the street starts talking about stocks, it's time to get out of stocks." I've heard a couple of people who have never invested in stocks talk about them lately.</p><p></p><p>I'm still long on my LRCX as I have a lot of shares due to being an employee and I'm very bullish on the outlook, but I sold everything else I could and put the money in stable value funds for now. Only planning on two scenarios where I re-enter the market- after the election, or another steep drop in the market before then due to either the virus or pre-election fears.</p><p></p><p>Timestamp of today's values for later ridicule:</p><p></p><p>DJIA 25,525</p><p>S&P 3050</p><p>LRCX 310</p></blockquote><p></p>
[QUOTE="Fat Boss, post: 16443251, member: 122645"] I decided last week that I was moving my money back out of stocks and mutual funds for a while. There's a few reasons, notably the nonchalance I am seeing about the virus and the upcoming election. Further, there's an old saying that goes something like, "when the average person on the street starts talking about stocks, it's time to get out of stocks." I've heard a couple of people who have never invested in stocks talk about them lately. I'm still long on my LRCX as I have a lot of shares due to being an employee and I'm very bullish on the outlook, but I sold everything else I could and put the money in stable value funds for now. Only planning on two scenarios where I re-enter the market- after the election, or another steep drop in the market before then due to either the virus or pre-election fears. Timestamp of today's values for later ridicule: DJIA 25,525 S&P 3050 LRCX 310 [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
SVTP stock pick thread.
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