Just wondering, as I long-pondered about moving money to the sidelines as the campaigns progressed. What have you done to prepare financially for the result of this election?

The traditional choice would have been to move money over into bonds.

With treasuries stripped to the bone you might as well just dollar cost average the equity funds because even if we see 25,000 or 24,000 it will come back to 26,000+ in enough due time with the monetary environment.

For this winter though with lock downs I'm playing a bear energy ETF. We could easily see sub $30 dollar a barrel oil in a few months.

I was at about 65% stocks and 35% cash, last week I reversed it. I'm not really playing the election, I'm more playing the coronavirus. But the sell timing was good just before the election, it protects me against any big drop that might happen.

I have a good 25 years until retirement. If the market crashes, I'll just take the (unrealized) losses and keep buying low.

(11-03-2020 08:37 AM)EverRespect Wrote:  I have a good 25 years until retirement. If the market crashes, I'll just take the (unrealized) losses and keep buying low.

Yep, I'm going to let it ride. I remember everyone saying last election everything was going to crash and then the market took off. Dollar cost averaging, if one's horizon is long enough, is the way to go.

nothing.

I dumped everything that I had in equities to a bond fund. The results don't matter much. The country still has a covid problem to deal with which includes some form of stunting growth again for a little while.

I figure it will be a huge buying opportunity in 6-9 months. My ytd was down 21% in early June, and I got it all back and was up nearly 10% on September 28th. I locked it in.