Bob Brinker Free Discussion Site 59,820+

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Top 1083. Feb 8, 2006 10:05 PM

» jamesj24 - Re: Re: Re: Re: Re: Re: What Secular Bear Market?

In response to Re: Re: Re: Re: Re: What Secular Bear Market? posted by mrs1123:

Jamesj24 if you are still out of equities what are you looking for before you jump back in? >

My strategy has changed since the bear market and recovery. Tying up large sums of money in stocks or indices is simply not at all attractive to me, being less than 10 years from retirement. I am, therefore, generally not a long term equity investor, with the exception of approximately 13% invested in a few stocks and mutual funds, most of which I’ve owned since the mid-1990’s. I do buy an attractive stock on occasion, and I sometimes have them leftover from some trades I do.

Instead of investing in equities, I prefer to keep most (now ~ 87%) of my investments in low risk or risk free investments (i.e., GIC, money markets, I-bonds and T-bills) and speculating with up to approximately 10%-15% of my portfolio trading options on stocks and indices. I am still in the process of learning and refining my strategies. I am contributing significant amounts to my deferred compensation plans now, therefore I'm comfortable about the growth rate of my net assets, even without the higher expected returns of equities.

I recognize, however, that the few equities I own have been appreciating gangbusters since the recovery, which has continued year to date. Nonetheless, my greedier "Bob Brinker" side can’t help but wish I had re-invested and benefited from the 50% or more appreciation in the S&P 500 since the recovery.

Like most traders (and, indeed, gamblers,) I have to believe that there is a winning trading strategy.

I’ve posted some of my trades and strategies in the options forum, which can be found at

-- posted by jamesj24

Top 1084. Feb 9, 2006 2:12 AM

» mrs1123 - Jamesj24

Jamesj24 I hope you did well last year with your investment strategy. I ended up with about a 12% gain last year. It is difficult for me to stay out of the market when you see the big gains that can happen.

-- posted by mrs1123

Top 1085. Feb 9, 2006 7:06 AM

» pete2214 - Re: Jamesj24

In response to Jamesj24 posted by mrs1123:

pigs get slaughtered. I am one of them! LOL

-- posted by pete2214

Top 1086. Feb 9, 2006 8:41 AM

» allancoleman - Re: To AllanColeman re Brinker's Advice on Savings

In response to To AllanColeman re Brinker's Advice on Savings posted by Kirk:

hello Kirk ,

to my knowledge , bob has always recommnded ' contributory ' Roth IRAs for those who have maxed out their other deferred options in their pension plans . however usually bob isn't keen on Roth conversions , probably because most people don't realize , as you , I , and some others do ; that you could be in a higher tax bracket later in retirement with RMD at age 70 1/2 . and bob probably isn't keen on Roth conversions because with his income , he probably doesn't qualify . ? ?

plus the fact that studies i've read point to the necessity of using ' outside ' dollars to pay for the tax on the conversion . most don't have that kind of money laying around . probably cause they don't surf here often enough . smile . or subscribe to your newsletter .

however , for me , they have worked like a champ . and although i hadn't planned on doing any Roth conversions durning the period of time i would be subject to income taxes on my social security checks ( between ages 62 & 65 ) , i'm now planning on small , for me anyway , Roth conversions done even then .

at this present time , i have almost 25% of my total assets in Roths and hope to increase it to 50% by the time i'm 70 1/2 .

-- posted by allancoleman

Top 1087. Feb 9, 2006 8:48 PM

» BoltonCT - Bob Brinker will raise his bar.

If you read what Bob says very carefully he believes this bull rally within this secular bear market will be an outlier... longer than usual.

He is preparing to raise his target above the mid 1300s of the S&P.

He believes the low for the secular bear probably occurred in 2003 when he said to buy.

-- posted by BoltonCT

Top 1088. Feb 11, 2006 10:11 AM

» honeyoneohone - RE: Bob Brinker: "Outliers or Outliars"???

In response to RE: Bob Brinker: "Outliers or Outliars"??? posted by Kirk:

.
Thanks for that info, Kirk.

With all due respect, Will and I spelled "outlier" correctly. For those who might think as you did--the word "Outliar" is intended to be a pun... smile

-- posted by honeyoneohone

Top 1089. Feb 11, 2006 8:36 PM

» northwichita - Bob Brinker will raise his bar.

BoltonCT - Thanks for your input.
Northwichita

-- posted by northwichita

Top 1090. Feb 11, 2006 9:55 PM

» mrs1123 - RE: Bob Brinker: "Outliers or Outliars"???

In response to RE: Bob Brinker: "Outliers or Outliars"??? posted by Kirk:

HELP HELP HELP I AM CONFUSED! "the market did something we didn't expect which is go up for more than three years since it made its bear market low in October 2002." Huh? Wait a minute, wasn't that the reason Bob said to put money in the market?

I am not sure how you came to the conclusion that Bob didn't think the market would go up. I just assumed that his buy signal, or his reallocation meant that it would.

Geez I am ever more confused by what Bob says than I thought.

-- posted by mrs1123

Top 1091. Feb 12, 2006 9:14 AM

» uhu - RE: Bob Brinker: "Outliers or Outliars"???

In response to RE: Bob Brinker: "Outliers or Outliars"??? posted by Kirk:

Bob reminds me of a sales manager we had. When it was time to close the big order this sales manager insisted on going with the salesman to close said order. When they would return the entire office was silent listening for the sales managers comment when they walked in the door. It was either, "I got the order", or "We lost the order".

-- posted by uhu