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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][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] What will you do when the market goes back up and you’re sitting on the sidelines?[/quote] Lose his azz, just like every other market timer. You gotta love these guys who think they can beat the market. Guys with decades of experience and PHDs in econ and math from MIT and U of Chicago can't do it, but somehow some they can LMAO.[/quote]
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