In IRA accounts: Bought VIG during the morning; sold the rest of JMUTX and a slice of PIGIX for future equity deployment; exchanged a slice of VSCSX for VDADX in the late afternoon. Bought VTI in taxable account after 3:30 pm.
Tried to move WAPSX to an S&P fund in my TIAA 403b but could not get in to move the funds (not happy).
Sold some PCOXX and PVOXX (90%) money market funds.
Although these MM funds are hard to come by and are great payers, I need free up cash to put to work
and want to make sure I don't get caught in a 'gating' situation where I could be 'locked out' from selling.
Still about 25% cash in retirement accounts (don't have a taxable investment account since I bought home in 2014, other than emergency funds in MM).
Added to VDIGX, VWIGX, and VWUSX.
Bought VTI looking at how low indices went down today.
(usually I buy Mfunds, but thought I can get a better price using ETFs)
UGLY DAY today on Wall Street!
I'm sort of "licking my wounds" as i'm pretty heavy in stocks (for good or bad- BAD today). But as we were closing in on the last hour, I went ahead and added to Vanguard Dividend Appreciation Index admiral (VDADX) and Vanguard Mid Cap Value Index Admiral (VMVAX). $10,000 into each. Just trying to slowly add a little to beaten down equities, have NOT sold any bond positions (yet) but may as they seem to be dropping too. Yields are lower, if this keeps up I may be 90% equity (or higher) before it's all over.
Encouraged by significant insider buying recently, I bought a block of ET this morning at under $6 in the IRA. (Unthinkable a few weeks ago.) I have been following this stock for some time.
Not buying but just mentioning my FNV holding had strong day yesterday and today. I have gold and precious metal related investment in my portfolio for times like this but it did not perform as I hoped. Seems like we reached a point where investors were selling everything they could get their hands on. I am hoping these last 2 days means panic selling is slowing down.
Bought WFC @ $28.49 an hour or two ago. Also put in a buy order for one of my mutual funds, Franklin Utility (FKUQX). This is an actively managed fund, has an excellent long term record, and a very low portfolio turnover, around eight percent. Most of the usual big names in there, I like the portfolio mix. I'm thinking that regulated utilities might be sort of a bond proxy going forward. In any event, I like the fund's record, portfolio, and low portfolio turnover, especially since I would like to hold this for the long term.
Cashed out most of my remaining Series I Savings bonds, so I have a bit of money to invest.
Put the snorkeling gear on and did some moderate buying today, to increase yield. Added to positions in DSL, PCI, FPF, and opened position in O, now yielding > 5%. Have limit orders in for several others including SCHD, which may well be my cornerstone going forward. Good luck, all. rm