Catatonic
Nine Lives
Nope, not gonna do it.
Wouldn't be prudent.
Using Dollar Cost Average, move your investments in Stocks to a Money Account with Inflation Index if possible.
Don't spend it!!!
Moving Money Out Of Stocks (1-16-2018)
- Thread starter olroadbeech
- Start date
Nope, not gonna do it.
Wouldn't be prudent.
Using Dollar Cost Average, move your investments in Stocks to a Money Account with Inflation Index if possible.
Don't spend it!!!
BakerMayfield2018
Fight the power.
Not now your not. I told you this before the crash of Friday and today. You should have listened.
Catatonic
Nine Lives
I'm not a knee-jerk investor.
I am a long-term investor.
That's why I have more than twice as much funds in retirement as I actually need.
PS - It's you're
BakerMayfield2018
Fight the power.
I understand that. My point still stands. Also, if your in it for the long term you should invest in some litecoin. Your welcome
twoweeled
Well-Known Member
All true. I enjoy playing. That's my thing. Doesn't change my standard of living in anyway, yet. I just like playing.
But keep in mind, there is nothing promising this is/will be just be an expected -+ 10% correction. This could always be a lot more serious. I don't think it will be, but could be. Your relief valve analogy assumes this is a garden variety correction. Let's hope it is.
twoweeled
Well-Known Member
Hey! You and me are like a pair made in heaven. You have more money than you need, and I need more money than I have. Want my address?
twoweeled
Well-Known Member
Better than premium beer, yes. Better than a good Scotch or a really good wine?Still a better investment than premium beer.
olroadbeech
Happy Verified UPSer
I don't know much. If I knew what the market was gonna do I would be the only one in the world. even Warren lost 5 billion today. I don't think he is worried.
the wild card in all this , is what is the amount of fraud and corruption that is still in wall street? There is always some but how much??? a garden variety correction could turn into a bloodbath if there is a lot of that.
Catatonic
Nine Lives
You impress me more as a gambler than an investor.
Indecisi0n
Well-Known Member
I withdrew all my stock and put it in Bitcoin. I'm going to be so rich.
Benben
Working on a new degree, Masters in BS Detecting!
Picking up a 4% divi payer that has dropped (hopefully temporarily) 25% or more makes my dividend % going forward what?
Brownslave688
You want a toe? I can get you a toe.
Hopefully you bought in at 7k not 20k
5
5 and 1/3%
olroadbeech
Happy Verified UPSer
the market still hasn't settled down. up 300 friday . 2-9-18. they say we are in a correction but i don't think so since it is still a little wild.
had to look at 401k to get my 1099r and of course it was down but not so much since we moved money out of the stock sector. according to financial experts we are still overexposed due to our age but my risk tolerance is higher than normal.
most of my family lives until their nineties.
had to look at 401k to get my 1099r and of course it was down but not so much since we moved money out of the stock sector. according to financial experts we are still overexposed due to our age but my risk tolerance is higher than normal.
most of my family lives until their nineties.
Brownslave688
You want a toe? I can get you a toe.
Not at all true. Computers caused the huge one day drop in 08-09. Pretty well documented
Ms.PacMan
Well-Known Member
08 was caused by the banking crisis. We are not in a crisis now.
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