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Pelosi Takes Gavel and DOW Drops Like a Rock
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<blockquote data-quote="Old Man Jingles" data-source="post: 3890474" data-attributes="member: 18222"><p>If I wasn't in the market now, I would not jump back in.</p><p>I would dollar-cost-average back in over a 12 month period with a review each month before I put in more.</p><p></p><p>My portfolio is not getting hit as hard ... nor did it go up as much last year.</p><p>I got out of International over a year ago other than a 5% investment in a currency fund.</p><p>I got out of bonds about 1 1/2 ago and I'm still not convinced bonds are a good investment at this time.</p><p>Most of my portfolio is in Dividend stocks with a yield of 4% or more so I don't really get excited about ups and downs in the market ... I'm still 6 or so years before I start to draw down my market investments.</p><p>Selling one of my vacation homes this year and that will get me through the next 2-3 years.</p></blockquote><p></p>
[QUOTE="Old Man Jingles, post: 3890474, member: 18222"] If I wasn't in the market now, I would not jump back in. I would dollar-cost-average back in over a 12 month period with a review each month before I put in more. My portfolio is not getting hit as hard ... nor did it go up as much last year. I got out of International over a year ago other than a 5% investment in a currency fund. I got out of bonds about 1 1/2 ago and I'm still not convinced bonds are a good investment at this time. Most of my portfolio is in Dividend stocks with a yield of 4% or more so I don't really get excited about ups and downs in the market ... I'm still 6 or so years before I start to draw down my market investments. Selling one of my vacation homes this year and that will get me through the next 2-3 years. [/QUOTE]
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