Good start to 2nd quarter on Wall St.

[disneysteve]

Market is up over 300 points at the moment. Not a bad way to start the 2nd quarter. I hope this is a sign of things to come, but I suspect we'll just keep going on the volatility rollercoaster we've been on for a while now.

[Slug]

I think this quarter will be better than last (yeah, I'm a genius for making this call - ha!). I'm starting to think about moving some of my Roth cash into the market.

[sweeps]

Slug, you'll miss out if you're sitting on the sideline.

Steve, I'm actually bummed about the the boost today... I want stocks to stay depressed longer But I am happy that my monthly contribution went in yesterday and not today.

[disneysteve]

Steve, I'm actually bummed about the the boost today... I want stocks to stay depressed longer But I am happy that my monthly contribution went in yesterday and not today.

Yeah, but it'll probably drop 400 points tomorrow if recent history is any guide. Besides, when I retire in 20 years what the market did yesterday or today or tomorrow really won't have any bearing on the final outcome.

[jIM_Ohio]

whatever it does, I am all in. I have been all in since I started investing and do not plan on changing course because of some short term roller coaster rides.

[sweeps]

what the market did yesterday or today or tomorrow really won't have any bearing on the final outcome.

Well it has some bearing. If I only buy in at local highs, I will have less in the long run than if I buy at local lows. 30 years from now those differences will add up.

[jIM_Ohio]

Well it has some bearing. If I only buy in at local highs, I will have less in the long run than if I buy at local lows. 30 years from now those differences will add up.

This is true... I am considering a 401k self directed brokerage strategy where 25-33% of my money is invested more aggressively.

One of funds I will use is ULPIX (Ultrabull) which is 2X daily return of S&P 500. My thought is I do NOT want to lump sum into this fund.

So I will have ~40k in brokerage. ULPIX would be 15% of this based on my asset allocation (15% of 40k is $6000). So maybe I invest 12 times ($500 each month) based on where the market is relative to last quarters performance (try to buy at a relative low).

The issue is then I have all 6k invested by end of year, and then would not be able to average in again the next year (because contributions are only 7-8k, so 15% of that is $1200 for whole year.

Volatility creates opportunities for higher returns, if you have the cash to get in at the lows.

[Scanner]

All this happy stock performance ain't boding well for my silver!

[Slug]

Slug, you'll miss out if you're sitting on the sideline.

Sweeps, I just quit my job and am relocating my family (check my blog). Thus, I prefer to stay liquid in the event that I need to tap these Roth funds if for some reason my EF runs out. If I were to jump in and then out, I'm afraid any gains would be eaten up by the trading costs. I continue to participate fully in the market through my 401k (at least until my last day 4/18 :-)

[sweeps]

Fair enough, Slug.

How many times a day do you say "check my blog"?

[JBinKC]

All this happy stock performance ain't boding well for my silver!

The market is happy when they dilute a bank/brokerage's share base and really is oblivious to earnings growth and fundamentals.

[Merch]

I rebalance my portfolio last week, moving into the S&P 500.

I have also started getting into financials and am starting to look at REITs. I think the REITs have also bottomed out. Good luck. There will probably be another couple hundred point down day this week to retest the buying but I think the general trend is up.

From a technicla side, my support levels have held and the trend has turned short term.

[Slug]

Fair enough, Slug.

How many times a day do you say "check my blog"?

Ha! As many times as it's relevant my friend.

[Broken Arrow]

Please don't tell me the train has left the station. I'm not ready yet!