Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Personal Finance and Investing

bucolic_frolic

(48,319 posts)

10. That link says content not available, deleted, or limited to small groups

Reply to progree (Reply #9)

Thu Dec 2, 2021, 09:28 PM

Dec 2021

But I don't use Facebook, so that might be why.

Didn't know anyone read my commentary. Thanks. I put a lot of time into learning to read charts.

I have a watchlist, I make a few plays at a time. I have a crash list. I remember a few things I passed up or sold over the years from the 2009 lows. What was I thinking?

In a crash I reallly like covered call ETFs. There are not very many. Even fewer are index covered call writing funds. I shy from those that also carry REITS. A very few pay monthly dividends. All of them get beaten up like everything else. So I wait for the next great buying opportunity. My gurus say there's a good buying opportunity about every 18-24 months. Crashes of course less frequent, especially if from lofty heights.

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

15 replies

= new reply since forum marked as read

Highlight:

Word to the wise: the crash is coming, get out of the stock market now ⚠ 👀 😱 [View all] progree Dec 2021 OP

I retired in 2009 at about the bottom of the market. Today doc03 Dec 2021 #1

I-bonds bummer it's limited to $10,000. Even so, its a quick pickup of a lot of $hundreds progree Dec 2021 #2

Yes I purchased one at the 3.54% percent rate in June then as of Nov 1 to May31 22 it doc03 Dec 2021 #3

It may, or may not be, good timing to invest at all time highs bucolic_frolic Dec 2021 #4

I'm not suggesting people buy at the peak -- I hope nobody is getting that out of what progree Dec 2021 #5

I'm just saying the recent all time high is remarkable bucolic_frolic Dec 2021 #6

Yes, any long period (decade or more) with an end point of now looks great progree Dec 2021 #7

As the trend heads south, there are pauses bucolic_frolic Dec 2021 #8

Thank you. All your points are right on too progree Dec 2021 #9

That link says content not available, deleted, or limited to small groups bucolic_frolic Dec 2021 #10

Another confession - I am a fan of index funds because they are for simpletons and I know progree Dec 2021 #11

My learning curve has been far too long bucolic_frolic Dec 2021 #12

Thanks much for the explanation - I will look into covered call funds soon. Never heard of progree Dec 2021 #13

There is an online site bucolic_frolic Dec 2021 #14

Do you have any idea why Vanguard and Schwab are expecting PoindexterOglethorpe Mar 2022 #15