Thread regarding Chevron Corp. layoffs

@bzsg still employed and plenty of retirement savings. But thanks for your concern, d-bag.

@NsJwXUi-bzsg, No. "FIRE'd" back in 2015, took the package, sitting pretty. You?

Google FIRE. Tired of explaining it here.

Unemployed wirh no real retirement savings @bikm? I think that's your case. Sure sounds like it.

Are you waiting for a 10% pullback? Maybe 20% or heck, shoot for the moon and wait it out for a 50% pullback. What happens if the market only pulls back 5% before starting its next leg higher?

They don't ring a bell at the bottom.

Wow, the poster below who alluded to the fact that the lack of investment knowledge on this site is "staggering" is spot on. And BTW, Timing the market is timing the market. It makes no difference if you call it a "strategy". Attempt to do so at your own risk. Consider yourself warned.

@andp, there's no loss and almost no gain in moving any part of your investments to cash. It's a common strategy. If you don't this, you're not an investor and likely don't have two nickels to rub together.

8eca writes "Moving to Treasuries 100% and waiting for a dip before moving back to equities is an investment STRATEGY, not market timing." Taking all your assets and putting them on 17 black (roulette) is an investment STRATEGY - just not a very good one. If cashing out of a balanced portfolio and waiting for a dip (very bad investment strategy) is not market timing, then what the heck is.

8bdb - I suggest to you that you sharpen your reading skills and use some common sense. Moving to Treasuries 100% and waiting for a dip before moving back to equities is an investment STRATEGY, not market timing. Christ, the morons that pervade this site is staggering!

-7akd the poster mentioned that he is "Looking to go into US Treasuries 100% and wait for a market correction to happen by mid to late summer."

That's pretty much market timing. I suggest you visit some of the investment sites & forums. They're very interesting and informative. Maybe you'll learn a few things. You obviously have much to learn, even from complete strangers.

-8mia, Yes, it's very annoying, I agree, LOL! However, it's a common abrev. used on all internet sites. First time on the internet?

What is up with all of this 'LOL' stuff? It is very adolescent and annoying. I can just imagine if someone were to say that in a meeting. Let's get all of the stupid lol replies now.

You schooled his @ss, 7akd.

6rns - The poster mentioned nothing about market timing, which is pure luck. Just his/her good fortune his/her FA recommended moving to a different investment. I personally know a few friends who reallocated their investment portfolios immediately after the 2016 tax year ended. Many for tax strategy reasons. Laughing at things without having a foundational understanding is no way to go through life, son. Take this bit of advise from a complete stranger.

6rle - Just to teach you the difference between Treasuries and Bonds, it's good to hold treasuries even when interest rates are on the rise. Bonds is a different story. A savvy investor will do well to be on the sidelines in treasuries while looking for a deep dip opportunity to buy on the cheap.

Good luck holding a bag full of treasuries when interest rates begin to rise.

LOL!!! Priceless!!! Another person who thinks they can time the market!!!! ROTFLMMFAO!!!

Too funny!

Hind sight is 20/20. Looking back on the good advise I got of my Certified Financial Advisor to ditch my 4900+ shares of CVX on the first business day of 2017 (Jan 3) when the stock closed at $117.85. Today, the stock is at $103 and change and probably heading lower with the failed OPEC production cut agreement. Just in the last 3 months CVX has lost 9.2% and since the beginning of the year has taken a 12% loss. Since divesting my CVX holdings to the S&P, it has appreciated over 7.5%. I'm a happy camper. Looking to go into US Treasuries 100% and wait for a market correction to happen by mid to late summer.

Forget about Chevron slipping down the Forbes List. I can see CVX is slipping down the stock price totem pole from the 100s to the 90s again.

The author of the article is a former Chevron employee. Since he was a butthurt deadwood loser, he was left standing.

Too bad for the Chevroids that the 'Butthurt Loser name caller" doesn't work for Chevron, is sitting pretty and laughing at all of these snowflake posts, and couldn't give less of a flip about how trash-rag Forbes ranks CVX. That's your problem. I just happen to know first hand.

Maybe they aren't as good as the Chevroids and 'butt hurt' name callers think they are.