Monday, June 13, 2011

Monday Action

Krypto woke up and got off the couch to nudge me this weekend.  I checked her model and found, mirabile dictu, a buy signal for stocks across the board.  Emotionally, this makes me rather nervous.  I have a hard time seeing the markets go up in the face of a possible default by the US on its debt (possible due to Republican stupidity or ?), hence this buy seems a bit early.  But what am I do do?  That converse sell signal was a good one.  I have to ... obey the machine.

Buying US, Pacific, European and Emerging Market stocks via index funds and index ETFs today from cash piles.  Half the buying is US, the other half spread across the world.

Word of the Day

"Nescience" - noun [$10]
Nescience means lack of knowledge or awareness; ignorance.
Sentence:  Is it nescience or knavery that prompts Republicans to risk the honor and credit of the United States of America rather than simply refuse to pass spending bills?

7 comments:

Spin-em said...

this buy seems a bit early.

so what % of ur cash that's been waiting on the sidelines are you investing Bunk?

Bunkerman said...

agree re the Feeling" it's a bit early.

all of the "sidelines" cash.

Future buys would come from cash reserved for a TIPs rebuy, plus some muni bond prepayments coming soon (my bonds got picked in the prepayment lottery).

Bunkerman said...

future buys could come from asset reallocations, too, such as from real estate or gold.

but all excess cash (raised from sales this year at higher prices) is being deployed.

Spin-em said...

but all excess cash (raised from sales this year at higher prices) is being deployed.


thanks bunk

Bunkerman said...

doing my part ... traded Mrs. B's SUV in for a new one. Gotta keep the economy going & Mrs. B happy.

Spin-em said...

match the "Gold Mist" in the driveway???...lol...its time for that one too...lol

Bunkerman said...

She like white with gold interior.

Gold Mist gets traded this fall - I don't drive much.