02-12-2022, 09:11 AM
I guess this is noteworthy enough to add here. On Thursday I sold all my MFs from my 403b. I was always going to sell by next Thursday at the latest. That would give the transactions time to clear and for cash to settle to do the roll over the following week. With the CPI report and the market's response I decided the chance of the value being substantially lower a week later was much greater than that it might rise. This is NOT DGI - in fact it's the opposite and for this specific situation. I did keep about $45k in FSMEX. I like medical devices as a sector but every time I've looked at companies I've decided the fund makes better decisions on them than I would.
This account was down about 6% from its ATH, up about 5% from recent lows. Planned schedule is as follows:
2/18/22 - Open a Fidelity IRA
2/19/22 - Call a Fidelity rep and make sure I have my ducks in a row, and celebrate my 59.5th birthday!
2/22/22 - Transfer funds - maybe myself, maybe with help, buying will depend on what the market is doing. Shouldn't matter a lot in the long run but still, if it's heading lower cheaper is always better
I've been working on my screen this week. Have all the numbers gathered and will spend today entering them into the spreadsheet. About 190 companies. This process has me half brain-dead. Think I had a dream where I was in the middle of a war between earnings vs cash flow-based payout ratios. Next week I'll take a closer look at individual companies I'm not familiar with and that screened well.
As the plan comes into focus I'll post updates.
This account was down about 6% from its ATH, up about 5% from recent lows. Planned schedule is as follows:
2/18/22 - Open a Fidelity IRA
2/19/22 - Call a Fidelity rep and make sure I have my ducks in a row, and celebrate my 59.5th birthday!
2/22/22 - Transfer funds - maybe myself, maybe with help, buying will depend on what the market is doing. Shouldn't matter a lot in the long run but still, if it's heading lower cheaper is always better
I've been working on my screen this week. Have all the numbers gathered and will spend today entering them into the spreadsheet. About 190 companies. This process has me half brain-dead. Think I had a dream where I was in the middle of a war between earnings vs cash flow-based payout ratios. Next week I'll take a closer look at individual companies I'm not familiar with and that screened well.
As the plan comes into focus I'll post updates.