(01-31-2020, 05:01 PM)HURRICANE!!! Wrote: Coronavirus ---  shifted 90% of our 401k to bonds for the time being.

(01-31-2020, 05:42 PM)HURRICANE!!! Wrote:

(01-31-2020, 05:32 PM)StroudCrowd1 Wrote: Xi purposely spread this virus in an attempt to tank the Trump economy.

I picked the wrong day to stop sniffing glue.

Hate to say it but it's a good opportunity to go low risk (bonds) then move $$ back into Large Cap Stocks in 2 weeks when things get under control.

The fact that airlines, cruise lines, and cities (within China) are under shutdown is totally crazy.  I shifted 25% of our funds yesterday and did another 65% today --- not quite beating the curve but protecting what we have.

This may actually benefit Trump as there will be a huge boom during the general election when the Dow hits 30,000 ---- but then again, the people benefiting off of the market mostly reside in blue states ---- SO IRONIC.

Might be a good decision, might be a bit of "knee jerk".  I've held steady and haven't moved anything since I'm in it longer term.  I'll wait and see what the market does this next week.  If it dips down any more then I may take profits and buy the dip.  I predict a recovery though.

I'm no expert, but I would not exactly rely on bonds at this point (look at the 10 year treasury yield).  Your money isn't really making much.  While bonds will do well in a "normal dip", the sell-off today is more about global events.  You can't really pinpoint a sector or industry that will do well during this brief dip, but for "safety" I would look more to the "consumer staples" sector.

Technology has been "on fire" lately, but it is heavily impacted by the coronavirus in China.  Given that global event, the healthcare sector is worth a look.  I've been long on Technology and more specifically Aerospace and Defense, and have made a lot of money.  The sector has been hurt a bit because of Boeing's troubles, but it will come back as long as you look at it long term.

The bottom line is don't rely on day-to-day moves in the market (unless you are a day trader).  Think longer term.

---