WorkFE's Account Talk

Summertime doldrums maybe or the start of a summer slide?

I suppose the next move + or - will come off the student loan case at the SCOTUS.
Ford layoffs, more bank mergers on the way, Powells commitment to continue raising rates..................................................
What's not to like.

I did read an amusing story in the WSJ. "Why High-Powered People are working in their 80's". They cited all the goofy worn out reasons but the one not cited, and lets be honest, its the real reason. THEY DON'T DO THAT MUCH AT WORK".
 
This market will either lull you to sleep and slap you when you're not paying attention or have you on the edge of your seat waiting for you to fixate in the wrong direction.

Gonna hold my S Fund position awhile longer.
 
We still have a good ways to advance to get to our all-time highs in the DOW, NASDAQ and S&P.
I may continue to hold my position in the S fund. Depending on todays close, we may get to my buy in on 28 April 22.
Be kind to me July.
 
Expecting a slow day today, I believe the markets close at 1PM.
But it wouldn't surprise me to see some profit taking.
 
We are finally approaching normal markets.

The C (S&P 500) is a bit hot, but it was lousy last year - so it is behaving normally.
The G is near/at a normal interest rate - it is not pure dog food.
The F is slowly approaching a norm of 6% or 7%
The S is doing fine. It should lead the C in a perfect market, but it is not a dog and will probably catch the C over time
And, the I is at a norm.

The G is a decent safe haven now. The F will be a good parking place in a few. That means we will have a normal platform to move assets around. All good.
 
While I certainly don't ever see it returning to the 80's - 90's, another half percent and I would be fairly content.
 
S Fund is another story, not gonna sell a loss so I will be holding that for a while.

I bought my S Fund in April 2022 ($69.90) and bought it every two weeks on the way down and back up. Sitting at $70.69, depending on what happens today I may move it to the G Fund and hold out for another entry to hold again.
 
I bought my S Fund in April 2022 ($69.90) and bought it every two weeks on the way down and back up. Sitting at $70.69, depending on what happens today I may move it to the G Fund and hold out for another entry to hold again.

Sounds like a plan.
 
I'll let you know a year from now if it was a good one. Or if we continue melting up, if it was a bad one. :smile:
 
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