If you have seen my updates, I have been expecting this change , esp during FED rate hike time. For me, I secured it everything, cash out and waiting to pick up when it dips, including 401k which is at least 5%-6% above S&P.
I have bought FB alone today. If FB goes down another 10% I may pick up another time. Waiting for deeper down (if it happens) to pick up others too.
Good. According to your tax bracket, you may be deducting 8-12% from your gains, you need to pay taxes and fees for every trade or the manager doing the buying. Right? You know your numbers, I know my numbers, except I don’t call you a fraud for telling stories of richness and money flying on monkeys. 
Bad news for Facebook may have been a catalyst for Monday’s market meltdown, but analysts say there are plenty of reasons for selling to continue, not the least of which is an atmosphere of uncertainty being created by the White House.
Fears of a global trade war tops the list of worries from the Trump administration, but analysts also say the personnel shakeups and concern over the ongoing Russia investigation, including whether President Donald Trump would fire the special prosecutor, are also hanging over the market.
On top of that, the economy seems to have lost some oomph. Economists no longer see 3 percent growth forecasts for the current quarter. Recent real estate and retail sales data raise questions about what is going on with the consumer, and there’s concern Fed interest rate hikes could slow things down even more.
What’s your cash/equities allocation these days?
What’s yours?
The true figure is most of them are cash, may be 10% on equities, 90% on cash.
Analysts are being paid to say positive or negative, they will site 100s of reason to justify
IMO, Trump can not be changed from his attitude as he is firm and ready to face any consequences.
People, who support outsiders/foreign governments/people/industry or Democrates, hate his actions. IIRC, Entire Rep govt is on Patriotic agenda and Trump is way ahead and bold.
Remember, he speaks for the US people and they will elect him again. He will be completing his first term successfully and will also likely be elected next term.
Analysts are not so perfectly telling the people, they are skewed by their profit motive.
The entire market change is based on rate hikes, the whole market will go up or come down based on rate hikes and its impact only.
Regarding FB, it will be back again after sometime unless entire economy goes down. It is a good buy today even it goes down further. There are brighter chances FB will come up soon.
I read more on the FB story. Calling it a data breach is BS and inaccurate. People opted into sharing info to take a survey, and the API freely allowed the information to be shared. Security didn’t fail. Also, they’ve increased privacy since then, so people can’t even opt-in to share the same level of info anymore.
It seems the knee jerk to an inaccuarare headline created a buying opportunity. That’s becoming a popular theme. It pays to dig behind the headline and get the real information.
After due diligence, you feel is a good buy, is even better buy if it declines further 
Data “breach” is BS, but political fallout is real. It’s now up to Zuck to show some remorse, pledge never again and move on.
Remedy is not difficult. The worst is to cut 3rd parties access to user data or just allow the bare minimum. It doesn’t hurt facebook’s business at all. These devs didn’t pay a dime to Facebook to begin with.
They’ve already cut the access. They cut it back in 2015 the incident was in 2014. That’s another reason the Trump narrative around it is BS. It happened long before he was a candidate. The idea that it was done to help Trump win is ridiculous.
Their goal was to create a model of how people would vote. I’m sure tons of groups are working on that very same thing. The users opted-in to share their data. The data was shared in compliance with Facebook user agreement and API.
I have maintained a <5% cash position for almost a decade.
Facebook has become a scapegoat. The elites still didn’t get over trump’s impossible win and they blame Facebook. In their mind no rational person would vote for trump. So these voters are some helpless morons who got fooled by fake news on Facebook and manipulated by Facebook ads. That’s the worst kind of condescension.
I don’t like trump myself. But people voted for different reasons than mine and I respect that. A few may got fooled by fake news and such but blaming Facebook is a cop out.
buy opportunity!!!
it reminded me efx.
If Facebook gets a pass then so do the Russians. So does that mean Trump is right about no collusion?
It’s never about the crime it’s the cover up. If Bill got nailed for getting a BJ do you think Trump can walk off clean?
Let’s see what the porn star has to say. 
As long as Congress is Republican, Trump can shoot someone on Fifth Avenue
There was no collusion. The Russians did what they did to create instability in the US. Hillary was an establishment candidate and business as usual. They wanted to throw a wrench in things to create instability. They weren’t actually backing Trump. They figured it was the equivalent of giving the alcoholic uncle a beer at Thanksgiving then sit back and watch the chaos.
Plus, Obama’s knew about Russia interfering long before Trump was even a candidate. Why didn’t he do anything about it?
This shows how incompetent the DNC is. I’m honestly not sure how the real story isn’t the DNC. It gets revealed as completely biased and non-democratic. It’s a shame it’s now drowning in debt from Hillary’s failed campaign. Yeah, imagine democrats spending money they didn’t have and counting on someone else in the future to foot the bill.
Any way, I am convinced that I can not match your track record in holding !
BTW, Did you get out of margin? What made you do it?
I’ve been holding margin for over 5 years. It has allowed me to accumulate assets in real estate that have now grown bigger than the stock portfolio itself. I’m actually still very deep in margin. However it’s not more than 25-30% of my holdings which I think is neither too conservative nor overly aggressive.
