Anybody buying on this downturn?

[LivingAlmostLarge]

we're just buying on schedule. I'm terrified right now and can't even stick more money into the market though I think it'll go up. I will keep investing our 401k but otherwise it's hard to put more into our taxable account. I'm not even sure I would buy some of singuy stuff that i am not willing to hold long term. Like I only own Fiverr and I bought at $50. I'm hanging on the tsla because I bought at $400 but I am very wary of buying even the VOO and QQQ. I bought both in April and now i"m really nervous. I was nervous then to sink too much into the market. I'm more nervous now. I bought in March but not a lot, I think only $50k I sunk in.

[kork13]

Well, it seems that we're going to be pulling the plug for now -- We're in the process of making offers on our next house, and today DW & I decided that we wanted to go ahead and make full cash offers to avoid a mortgage altogether -- hopefully now & forever! However, in order to do that, we're gonna have to pull the money out from our taxable investments (and sweep coins out from the corners & couches ) which is unfortunate -- we'll be stuck paying taxes on mostly STCG vs. LTCG... But hey, NO MORTGAGE!!! Given that the markets are back up to their previous high-flying levels again, I suppose now is as good a time as any to pull out for now anyway...

Once we get settled, we'll be able to turn the firehose back toward rebuilding taxable investments. Without a mortgage payment, we'll be able to do that quite quickly -- I'm estimating that our savings rate will jump up to 50% of gross, with 15% toward retirement, 25% toward taxable investments, and 10% toward short-term savings.

[kork13]

Well, it seems that we're going to be pulling the plug for now -- We're in the process of making offers on our next house, and today DW & I decided that we wanted to go ahead and make full cash offers to avoid a mortgage altogether -- hopefully now & forever! However, in order to do that, we're gonna have to pull the money out from our taxable investments (and sweep coins out from the corners & couches ) which is unfortunate -- we'll be stuck paying taxes on mostly STCG vs. LTCG... But hey, NO MORTGAGE!!! Given that the markets are back up to their previous high-flying levels again, I suppose now is as good a time as any to pull out for now anyway...

Once we get settled, we'll be able to turn the firehose back toward rebuilding taxable investments. Without a mortgage payment, we'll be able to do that quite quickly -- I'm estimating that our savings rate will jump up to 50% of gross, with 15% toward retirement, 25% toward taxable investments, and 10% toward short-term savings.

Big financial moves are nerve-racking... We've sold off & transferred out the cash on nearly all of our taxable investments for this upcoming purchase.... But I'm feeling really edgy not having any investments going. I'm itchy to start sending money back into the market (especially with all this volatility), but I know that I need to wait and hold the cash until we can get this deal to go through. ::sigh::

I think that as soon as we've got the money needed for this home purchase safely tucked away ahead of closing (I've been pulling money into our savings account like crazy from about 5-6 places -- they'll probably have me on a watch list for money laundering after this! ), I'm going to immediately start pushing money back into Vanguard. I'll admit, I didn't anticipate how much of a visceral, emotional response I'd have from selling all the investments to buy our next house in cash. Human nature, I guess.... who knew?

[cypher1]

Big financial moves are nerve-racking... We've sold off & transferred out the cash on nearly all of our taxable investments for this upcoming purchase.... But I'm feeling really edgy not having any investments going. I'm itchy to start sending money back into the market (especially with all this volatility), but I know that I need to wait and hold the cash until we can get this deal to go through. ::sigh::

I think that as soon as we've got the money needed for this home purchase safely tucked away ahead of closing (I've been pulling money into our savings account like crazy from about 5-6 places -- they'll probably have me on a watch list for money laundering after this! ), I'm going to immediately start pushing money back into Vanguard. I'll admit, I didn't anticipate how much of a visceral, emotional response I'd have from selling all the investments to buy our next house in cash. Human nature, I guess.... who knew?

Sounds like a good first world problem to some of us I don't have much experience with selling funds, but i do look forward to having those types of options or woes (if you want to call it that) with large amounts of funds for other purchases.

[kork13]

Sounds like a good first world problem to some of us I don't have much experience with selling funds, but i do look forward to having those types of options or woes (if you want to call it that) with large amounts of funds for other purchases.

Yes, definitely a good first-world, very blessed problem to have. It's been a long road though, starting on my own with literally nothing in college and slowly building up to this point. And I found these forums back then, which honestly has helped me to learn alot. So I'll give credit where credit is due -- thanks as always to everyone around here!!

[Like2Plan]

I thought I would give this thread a bump up to the top.....

I know it's not as exciting as FVRR, but DIS hit $200 (again) today. We'll see if it will hold. The annual meeting will be held tomorrow (virtually). I wonder if there is a stock split in the future?

[disneysteve]

I thought I would give this thread a bump up to the top.....

I know it's not as exciting as FVRR, but DIS hit $200 (again) today. We'll see if it will hold. The annual meeting will be held tomorrow (virtually). I wonder if there is a stock split in the future?

I'm hoping FVRR gets back on track. We own DIS but we've had it for years. I'm not looking to sell or to buy more.

Actually, our stock allocation has gotten a little too high so I'm going to be looking to trim things back as soon as I have time to sit down and review everything and decide where to rebalance (if the market doesn't rebalance for me).

[kork13]

I thought I would give this thread a bump up to the top.....

I know it's not as exciting as FVRR, but DIS hit $200 (again) today. We'll see if it will hold. The annual meeting will be held tomorrow (virtually). I wonder if there is a stock split in the future?

At some point in March after Disney announced shutting down the parks indefinitely, I picked up a couple shares of DIS for each of my boys in their UTMAs. I figured it was a fun little opportunity for them looking into the future. I picked them up at $88/sh, so it's definitely nice to see it doing well, event though it's literally just 1 or 2 shares for each boy.

[LivingAlmostLarge]

I just started buying more of everything. I bought FVRR at $200 and DOCU at $190 and SQ at $200. I have been dying to buy stuff and i had about $200k sitting juts in cash from stuff. I went back into the market. I guess I'm still going to hold disney. I have had them since 2000 when we owned marvel. I was contemplating selling to buy something else.

I'd like to get out of JETS and HA but I need LTCG in another month to hit before I move into selling some stuff. I'm actually contemplating dumping more money in this month. Worked out well last march I dumped in another $200k last year.

[LivingAlmostLarge]

Okay explain to me how BTC went from $10k 8/1/20 to now $52k 3/8/21? 5 bagger in 9 months. Singuy, please tell me did you buy BTC? What did you research on it? I never have had the nerve