Reply to Anyone taking money out of stocks and into savings?

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[quote=Anonymous][quote=Anonymous]With savings accounts getting 4-5% (or will soon), is anyone taking money out of stocks and putting it into high interest savings accounts? Or CDs? Our stocks aren't making much (3.3%), plus they are obviously more risky. Is this a dumb thought? DH and I are amazed at how much in interest we're making on our savings accounts monthly. [/quote]

No, we're not doing this. We don't have any savings accounts, we have a few million in stocks, and we add what we can to buy more stocks.

How do you calculate that your stocks are "making 3.3%"?? Since I started investing 20 years ago, the "markets" have shown great returns on average, certainly more than 3%. Last year it was down like 20%, iirc. This year (YTD) I guess I'm up about 7%.

Stocks go up, and they go down. But they mostly go up. If you're investing for the long term, you don't want to be in savings accounts. If you need to make a tuition payment in a year, that's a different story.

But where do you get this "they are making 3.3%"? [/quote]

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