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Reply to "Anyone taking money out of stocks and into savings?"
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[quote=Anonymous][quote=Anonymous]I’m surprised more people aren’t concerned with the debt ceiling. We are mid forties and hoping to retire in 10 years with approx. $2 million in the market. As a precaution we are moving 10% every week out of the market in May as we approach the June ceiling. We are careful not to cause any taxable events, liquidating no-load index funds first. [/quote] You're pulling your 40% of money out when the S&P500 is at a negative 2 year return? And total index and international is worse? That seems risky to me unless you were not allocated appropriately before.[/quote]
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