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Reply to "Anyone taking money out of stocks and into savings?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Yes, I sell my stocks when they hit a 30% return. I put the sale proceeds into savings so my money sits where it's less volitile.[/quote] That's mind-bogglingly stupid. [/quote] Actually it's not, I am earning almost 5% on my already 30 percent gains. I won't lose money on what I have already sold. Compound interest, I know, for you it's mind boggling. FYI, the stock market isn't the only way to make money on your money. Sounds like you are the stupid one. Show yourself out.[/quote]
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