I hate /r/investing. That sub is ridiculous. Anywho.
Nice little easy 10%+ gain from Jan. of last year for little risk. If you look at my prior post I sold out of pretty much all my positions in my taxable stock holdings a friday a week two ago. That was a good deal. I'd have been down thousands now. I posted about it here.
Got downvoted of course in /r/investing and upvoted here. Short term I don't like anything.
Everything is messed up. You see that little dip back in 2013 in that bond return fund? That was when rates were supposed to go up and didn't. I didn't think they were going up so I bought. Do you see any dips right now? I sure don't. I think rates are going up this time but the bond fund sure doesn't think so. That bond fund is tracking about as high as it EVER has. It is setup for a huge over reaction. Long term it won't matter but short term I think we could see a big dip. I think bonds will stay low over all but that NAV graph is worrisome to me.
Pigs get slaughtered. I'm out at 11.44. To much risk for not much gain in my opinion to hold in the short term. SEC yield is a shitty 2.5% at that price.
My long term IRA's and 401ks I'm just leaving alone. Added some BCD's in the Roth. They are the only thing I feel like has a decent value at the moment. Time to keep paying on the house.
Taking the crappy guaranteed 3.8% and going home (and paying on the home). Few more months I'll make the last payment on my house.
I got the funds now if I liquidated one Roth but that would be pretty pointless. Pretty much a forgone conclusion at this point. Long term do I think I can beat 3.8% probably. But I lived though 1999 and 2008. I don't fell like dumping 100k into the market right now. Nothing looks good to me that I want to risk it.
That said I am picking up pennies in front of a steam roller with my rental property mortgage (ARM) and my student loans (~2.25%).
Just didn't want to be that debt heavy. Figured I'm going to need a place to live so I should at least own one place.
Submitted January 21, 2015 at 09:56PM by t0ssaway1 http://ift.tt/1BImxGo
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