| Moved my daughter's 529 from 50% to 100% money market. Didn't lose that much because the other 50% was a very conservative "portfolio for today" account that had only about 15% in equities. I lost a little but had peace of mind considering she is starting college next year. |
| We didn’t sell anything. We did buy. If you have regret, you need a new financial advisor. Seriously. |
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These are the dumbest posts.
Pull up any S&P 500 chart and put in MAX for the timeline and stare at it. Through wars, recessions, bubbles, busts, pandemics, stupid people in power... no matter. See that graph representing what innovative, ruthlessly profit driven, capital employing, human productivity powered companies have done, on the aggregate. The probability of any money put into the market at any time growing over time is as close to a certainty as you can get. It's essentially a guarantee, proven out over decades. Pick any day on the graph and it likely was a high or close to it for that point in time, but not over all time. Its a self similar graph that essentially always trends up no matter what time span you look at. |
So you don’t believe in the risk premium at all? |
The PP is going to jump all over you because you don't understand annualizing the returns.... |
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Generally speaking, I never sell during a downturn. I proverbially close my eyes and stick my fingers in my ears. But, if you needed it, you needed it.
If you panic sold, you might want to try my tried and true method (eyes and ears shut). |
I still think we are on a path to recession. Temporary good weeks on stock market is not a sign that economy has improved. Just wait until until they bomb Iran next week. |
Definitely a smart move, when college is right around the corner. |
Is 2008 the last time you bought stocks?! |
Nope. I just meant I usually buy dips. Made a lot then, but I’m not convinced we won’t have stagflation before long and/or that Trump can right the ship this time around. I’m trying to decide if I want to use my cash position for real estate, a PE investment that we already have $$ in, or international stocks. Just bought a piece of land last month. Will also put all my tax cut $$ to funding Dems. 😉 |
Haha no risk according to the pp. I'm pretty sure the pp isn't interested in learning about history (or even googling it). |
Hear hear someone whose not ignorant for once in this forum |
| I hate Trump and everything he stands for but that didn’t stop me from making quite a bit of money on his tariff nonsense. Buy when everyone else is selling has worked for me in stocks and real estate. |
| I bought. Up 22%. |
Same. Due to various reasons, my 401K moved into cash when Vanguard wanted to sell their small business 401K holdings to a second company. When I moved the account to Fidelity, I kept it in cash and am glad I did. |