What Did You Buy Today?

[Otter]

(03-20-2020, 09:26 AM)fenders53 Wrote:

(03-20-2020, 09:15 AM)Otter Wrote: I made some moves in my 401k (which has been 100% stable value fund).

10% allocated to a Tech Fund
10% allocated to a High Yield Fund  ( https://www.guggenheiminvestments.com/pe...iming-tool )
80% still stable value

This is going to turn out great for you overall.  Bonds have been good, but they are just as dangerous as equities at times.  Maybe worse because getting your money back with patience can be tough.  You told me to stay away lol.    

Sold some WEN and MCD today.  Certain people here are turning me into a S-T stocker trader lol.  Some restaurants are just up too big to ignore the quick profit.  I'll get another chance to re-enter.  Just trimming anyway.  

Looks like yesterdays one day option sell trick is working out.  I've already been assigned some of my shares back I didn't want to sell anyway, and I get to keep the insurance money.

I wouldn't touch ordinary treasuries with a 10-foot pole at the moment. That said, if Minerd says that for High Yield, the spreads vs. treasuries have only been cheaper ~10% of the time, that's good enough for me to initiate a long-term position in the 401k.