I went 90% cash today.

User Forum Topic
Submitted by Coronita on October 28, 2016 - 11:14am

I'm out..Period. Of the remaining 10%, 5% is in physical metals.

With the latest turn of events, FBI reopening Hillary's email investigation. I'd say there is a far greater chance of Hillary losing in 11 days. I'm not taking chances until after November's results.

Wow. Unbelievable... I'd say going into next year it's going to look ugly.

No debt, homes paid off. Mostly cash...I wait.
Stay safe financially, folks. It's going to be bumpy.

Submitted by spdrun on October 28, 2016 - 11:24am.

Investigations are bureaucratic, slow things. Do you think they'll have some Earth-shaking answer in 11 days? If she wins, then gets arrested, Tim Kaine will be our next President.

Submitted by FlyerInHi on October 28, 2016 - 11:35am.

There's nothing there. Nobody cares but the alt-right.

Submitted by Coronita on October 28, 2016 - 11:35am.

spdrun wrote:
Investigations are bureaucratic, slow things. Do you think they'll have some Earth-shaking answer in 11 days? If she wins, then gets arrested, Tim Kaine will be our next President.

No, I don't. But now the issue is going to be on people's mind for the next 11 days, you can't say that might not affect some people's decisions over the next 11 days.
Uncertainty is bad, right before the elections.

Submitted by FlyerInHi on October 28, 2016 - 11:48am.

Details are all a blur to most voters.
They don't even know of when things start and stop. They say that isis is a big thing but they don't even know what isis really is. That's why Trump
is able to lie to much.
Most voters listen to general themes and they don't pay attention to issues that have been covered ad nauseam before.

Submitted by harvey on October 28, 2016 - 12:38pm.

spdrun wrote:
Investigations are bureaucratic, slow things. Do you think they'll have some Earth-shaking answer in 11 days? If she wins, then gets arrested, Tim Kaine will be our next President.

Depends on when she gets arrested (which in reality is never...)

A sitting president can't really get arrested because they have authority over law enforcement (and could even pardon themselves...)

A president can be impeached and removed from office, but that's an entirely different process and needs a 2/3 Senate vote (not gonna happen...)

President-elect getting arrested AND convicted could be a constitutional crisis because it wouldn't be clear who should take office in January - which is why the FBI would never do it. Plus the conviction could never happen before inauguration.

The reopening of the email case isn't going to influence the election. The only folks that think the "email scandal" matters are already Trump supporters. Most Americans voters see it for what it is: sloppy IT practices without any malicious intent. Many voters are willing to look past the fact that the Secretary of State is not knowledgeable about the technical details of email systems.

Submitted by FlyerInHi on October 28, 2016 - 12:46pm.

harvey wrote:
The only folks that think the "email scandal" matters are already Trump supporters.

The FBI investigation is just another thing for the alt-right to latch onto. That'll keep them busy and outraged for the next 4 years.

it looks as if the Republican Party is paralyzed with dysfunction, trapped in a civil war about the fundamental mission, values and tone of the party. The GOP base is drifting further and further into crazyland, thanks to its many influential conspiracy theorists and witch-hunters wielding microphones and muskets.
https://www.washingtonpost.com/opinions/...

Submitted by gzz on October 28, 2016 - 1:07pm.

If you got a million in home equity not being exposed to market changes that are correlated to the value of the equity is smart.

I am going from having 80% to 40% of my liquid assets in stocks to reduce risk since I am getting another property.

I do think both stocks and San Diego RE are undervalued however. Lower rated bonds as well.
My junk bond funds have dutifully paid me 8 to 10 percent interest and appreciated 20-30%. Energy is the only sector with defaults these days and natgas has gone up more than 50% from last year's lows.

To cover really bad situations I have cash, metals, stockpiled supplies, and S&P 500 puts that are way out of the money.

Submitted by Coronita on October 28, 2016 - 1:42pm.

I think conservatively, I have about $50k/year in cash flow from rentals (all but one are free and clear).

My original goal was to have about $80k/year by 2016, with an annual of 1 new property per year generating an additional $12k/year.

Unfortunately, it didn't happen and I'm about 3-4 years behind. Wish I started earlier. Time like this I wish I was only 1/3 dependent on a "job"... Oh well.

I'm staying away from bonds.... It seems like international bonds have been cratering. So have REITs.

Submitted by The-Shoveler on October 28, 2016 - 1:50pm.

Quick throw Bernie Sanders in the race LOL.

Wow this is the weirdest election I have ever seen.

On the bright side maybe I will finally get a chance to buy back in to stocks.

I am stocked up on water, whey protein and cans of soup so I am good LOL.

Submitted by spdrun on October 28, 2016 - 2:29pm.

You mean water, Chinese melamine, and cans of soup?

Submitted by Coronita on October 28, 2016 - 3:23pm.

I'm going to look into real estate in Canada. You know, in case Trump wins and he and his followers want to deport me, because you know, I'm stealing one of their jobs :(

Submitted by bearishgurl on October 28, 2016 - 3:33pm.

I've posted it before and I'll repeat it again. Because of her longstanding codependency issues, HRC brings with her more baggage than could be stuffed into the belly bin of a 747. She stood by her man wa-a-a-ay too long and he is nothing but a liability to her. It's wa-a-a-a-ay too late to do anything about that now. Bill may very well obtain a legal license to once again roam ("creep") thru the halls of the White House in his senior-citizenhood but I hope not.

Today, we now have HRC's longtime sidekick literally joined at her hip with whom she has been "mentoring" for the past ~20 years display the exact same profound codependency problem as HRC did (and still does)! (After all, Huma learned from the best, right?) Even after finally voting with her feet two months ago (5 years, 2 months too late, I might add), Huma's boatload of baggage she carries with her continuing association to her wayward sexual-deviant and possible pedophile "spouse" could now very well be enough to sink the Clinton candidacy.

We all reap what we sow but this sordid mess is still .... disgraceful. I could well imagine that numerous heads of foreign countries are laughing their heads off at us about now.

Submitted by gzz on October 28, 2016 - 3:31pm.

My bond funds have gone down about 10% from their peaks earlier this year, I would not call that cratering, and are still closer to their 2 year highs than lows. Given what cash pays now compared to their coupons, I am not worried about further declines. I did not expect them to get so high anyway when I bought them for their high yields.

Submitted by FlyerInHi on October 28, 2016 - 4:29pm.

flu wrote:
I'm going to look into real estate in Canada. You know, in case Trump wins and he and his followers want to deport me, because you know, I'm stealing one of their jobs :(

Not just Trump and his supporter but other elements of the Republican party. Unless, you look white, you don't belong and you will always be questioned.

Tammy Duckworth's father is White with a long lineage in America, and her mom is from Thailand. But according to many Republicans, she's not really American.
http://www.nytimes.com/2016/10/29/us/pol...
https://www.youtube.com/watch?v=lOnkZ9Um5ic

Flu, I know that you support moderate Republicans on economic issue. But Republicans have for too long enabled the racist, xenophobic elements of the party. Is it any surprise that we see the extremists revealing themselves this year?

Submitted by FlyerInHi on October 28, 2016 - 4:29pm.

BG, Bill and Anthony are not running.

As a woman, how do rationalize the sexual exploits of Donald who is running?

Submitted by bearishgurl on October 28, 2016 - 5:07pm.

FlyerInHi wrote:
BG, Bill and Anthony are not running.

As a woman, how do rationalize the sexual exploits of Donald who is running?

Easily. The Donald's "exploits" were WORDS, NOT ACTIONS and he was "single" during all of the "alleged" incidences except for the hot mic incident on the bus. Bill and Anthony were very married during all times when they ACTED on their sexual proclivities.

In addition, Donald's recent "bimbo eruptions" were mostly "Hollywood has-beens" and thus were opportunists looking to get some airtime in a desperate attempt to garner media attention in the middle of a presidential campaign (after being [rightly] ignored by the media for years) . . . OR an attempt to compel Trump to pay them off to go away ... or both. They were all disgusting losers who had years, even decades to complain about Trump's supposed behavior towards them but chose one month before election day to do so. Ask yourself why ... and WHO compelled them to do so.

The only classy ladies in Trump's highly publicized "non-sexcapades" (who were actually the object of Trump's private bus comments to another male) were Nancy O'Dell and Arianne Zuckor. Being the consummate show business professionals that they were (and still are), they both didn't take the hot mic comments personally and recognized that the bus conversation was nothing more than "locker-room talk" . . . par for the course in the entertainment industry. They both issued statements that didn't even mention Trump's name and never indicated that they were damaged by such statements .... or even remembered the incident well.

brian, if you don't understand the difference between WORDS and ACTIONS and MARRIED and SINGLE, then I can't help you :=0

Submitted by bearishgurl on October 28, 2016 - 5:42pm.

Huma is very attractive, educated and in many ways, smart. Not sure why she found it necessary to hang around Weiner (aka "Carlos Danger") for so long. It tainted her as "damaged goods."

Now, she's going to have to get as far away from Clinton as fast as she can .... starting tonight .... that is, if HRC is going to have any prayer at all of getting elected.

I don't understand why women do this to themselves. Especially educated, experienced women who can support themselves. It boggles the mind.

Submitted by ltsddd on October 28, 2016 - 5:55pm.

I believe the market will react negatively regardless of who wins. I am 50% cash and don't mind a 5-10% correction so I can move it all back in.

Submitted by bearishgurl on October 28, 2016 - 6:02pm.
Submitted by Coronita on October 28, 2016 - 6:51pm.

I guess for another reason why I dumped a lot of stock funds today. Capital gains taxes.

Although it is more than what it was under bush, it is still currently historically low.

The way I look at is if Hillary wins, chances are the Democrats will also sweep Congress. So capital gains taxes most likely would go up for most of us. So I might as well sell this year and lock on this year's cap gains/dividend rates.

If trump wins, he also plans on raising cap gain taxes, though less. And there is also the possibility of him tanking the economy similar to BRExit. At that point, it won't matter what the capital gains tax rate is if your 401k looks like a 201k like it did under Bush, so to speak.

Submitted by an on October 28, 2016 - 9:59pm.

flu, I know you're much more rational than this. Don't talk like those crazy right wing nut jobs when Obama won in 2008. Everything will be just fine under either one of them. I am super grateful that we saw 2008 under Bush. There's no way in hell I would be where I am today w/out that crash. So, if I'm lucky enough to see another 201k, that would be super awesome. Bring it on.

Submitted by Coronita on October 29, 2016 - 3:26am.

AN wrote:
flu, I know you're much more rational than this. Don't talk like those crazy right wing nut jobs when Obama won in 2008. Everything will be just fine under either one of them. I am super grateful that we saw 2008 under Bush. There's no way in hell I would be where I am today w/out that crash. So, if I'm lucky enough to see another 201k, that would be super awesome. Bring it on.

Long term I know we will be fine.I am pivoting more towards for a "correction" right now than before, I really don't want to live through another 8 years of recession with my money locked into stock on the wrong side of the fence. Over the next 8 years, I'll have 1 kid going to college (with a major expense), I'll almost be eligible to start receiving junk mail from AARP, and my reaction time will probably be so slow I probably won't be able to tell the difference between a Cadillac versus a Porsche.

I just don't see many positive events that could be driving the markets higher, especially with a Trump win, especially since it doesn't seem like the markets like Trump. The markets seemed to have already factored in a Hillary win. VIX Volatility index went up, precious metals went up, and the major indexes did a reversal after news broke.

I don't know, just seems "strange". In a few days, we'll find out....And if all is well, no harm in moving things back.

Submitted by scaredyclassic on October 29, 2016 - 7:59am.

fyi aarp starts sending junk at age 50

Submitted by Hobie on October 29, 2016 - 8:17am.

Is it to late to pick an email encryption stock??

Submitted by no_such_reality on October 29, 2016 - 8:37am.

scaredyclassic wrote:
fyi aarp starts sending junk at age 50

49 years 3 months is when I started receiving it, inviting me to join on my birthday...

Submitted by The-Shoveler on October 29, 2016 - 8:46am.

spdrun wrote:
You mean water, Chinese melamine, and cans of soup?

I trust the Costco corporation

Submitted by La Jolla Renter on October 29, 2016 - 8:56am.

FlyerInHi wrote:
Flu, I know that you support moderate Republicans on economic issue. But Republicans have for too long enabled the racist, xenophobic elements of the party. Is it any surprise that we see the extremists revealing themselves this year?

FlyerInHI, roughly what percent of republicans do you consider racists? If you vote for Trump are you a racist?

Submitted by FlyerInHi on October 29, 2016 - 10:08am.

AN wrote:
I am super grateful that we saw 2008 under Bush. There's no way in hell I would be where I am today w/out that crash. So, if I'm lucky enough to see another 201k, that would be super awesome. Bring it on.

I think you mean you're grateful for the monetary and fiscal responses to the 2008 crash. Had there been no responses, the capital that sustains tech would have dried up very quickly.

Submitted by FlyerInHi on October 29, 2016 - 10:30am.

La Jolla Renter wrote:
FlyerInHi wrote:
Flu, I know that you support moderate Republicans on economic issue. But Republicans have for too long enabled the racist, xenophobic elements of the party. Is it any surprise that we see the extremists revealing themselves this year?

FlyerInHI, roughly what percent of republicans do you consider racists? If you vote for Trump are you a racist?

I don't know what the percentage of the Republican party is racist. It's pretty high. If you vote for Trump, you're embracing the racists. Do what you will, but you enable them, you own them. If you have an uncle or cousin who is racist, it's your responsibility to put a stop a stop to it, or break with them.

The Democratic party was the party of racists in the past. We chose to break with the racists who headed straight to the Republican party. Read about the Nixon Southern Strategy.

Just watch the video of Kirk mocking Duckworth's Asian heritage. Mark Kirk is not a Trump supporter. But I think he represents Republicans pretty well. Is he racist? you decide.
https://www.youtube.com/watch?v=lOnkZ9Um5ic

Submitted by Coronita on October 29, 2016 - 11:05am.

scaredyclassic wrote:
fyi aarp starts sending junk at age 50

like I said, 8 years. two election cycle, or two summer olympics, or right about the time my kid goes to college.

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