Monday morning

[Wild1Poet2]

Typical Monday. I got an email from my therapy department that I won two free passes for a movie tonight. Supposed to go to see that new one about the Navy Seals. I haven't missed a rehab session in over a year. Just as soon as I canceled therapy for tonight as well as my transportation ride so we could go to the movie, I get an e-mail notifying me that the showing for tonight has been canceled.

I hear they used some real Seals in the filming. I'm reading a book now about Seal team Six's take down of Osama.

[arthureld]

Well, I sold all of my stocks, bonds and options.

Lots of profit but now that I'm out everything will probably go up.

It's fun buying back in when I feel it's time.

[Wild1Poet2]

I was thinking of doing that but my Ameriprise adviser didn't think it was a good idea. LOL I always seem to be at odds with the pro's. She moved me into dividend paying stuff and bonds.

Meanwhile, I'm letting it ride in the stuff I manage myself.

[arthureld]

My advisor said sell everything so I did.

My dividend ETFs and bonds were long term plays but I wanted to shuffle things around so I just sold it all. I had limit sell orders and they all came to my price this afternoon.

I'm going to set up a big chunk of my savings according to Paul Merriman's advice here - http://www.fundadvice.com/portfolio.html#ETF

If you check out the videos on that site or read his books, he has good reason for using his combinations of ETFs.
It's a very safe combination that averages 12% / year.

[Wild1Poet2]

If a lot of the economists are correct and the market retreats 10% in the first quarter you will be sitting pretty ready to jump back in.

[arthureld]

The key to making money - Have plenty left when the market hits bottom.

A lot of people lost huge percentages of their retirement savings then got out at just the wrong time.

I got pulverized in 2008 but I learned a good lesson and will not repeat that mistake.

[Wild1Poet2]

Timing is everything

[arthureld]

Timing is everything

Yep.

[Wild1Poet2]

Anheiser Busch timed the release of the Budweiser for right before the Super Bowl. Its Bud Platinum with more alcohol than regular beer( 6% ) and less calories. Try it and let us know how it tastes.

http://gizmodo.com/5858225/bros-of-t...a-1-of-alcohol

But there's just one problem: regular Bud Light only has a paltry 4.2% alcohol by volume, and even Bud "heavy" has a mere 5%. Bud Platinum has 6% ABV.