Anonymous
10/09/2013 14:19
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Anonymous wrote:Doesn't matter. Default is completely unprecedented and unpredictable. Liquor is good to have. Can enjoy once this blow over but can use as a tradable good and antiseptic if worst fears realized.
Best financial advice on DCUM! Liquor = best commodity for investment
Anonymous
10/09/2013 14:18
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Anonymous wrote:Doesn't matter. Default is completely unprecedented and unpredictable. Liquor is good to have. Can enjoy once this blow over but can use as a tradable good and antiseptic if worst fears realized.
Best financial advice ever given on DCUM. I'm cashing out all mutual funds and equities and investing in liquor
Anonymous
10/08/2013 13:36
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Anonymous
10/08/2013 13:34
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Bonds aren't "safe" either because interest rates will rise if the government defaults. Unless you need money in the short term then just ride it out.
Anonymous
10/07/2013 14:33
Subject: Are you moving your savings or retirement to cash because of the default-risk?
I am cashing out a portion of my 401k but that is mostly because I lost my job at the start of the sequestration and the federal contracting job market stinks.
Anonymous
10/07/2013 14:28
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Anonymous wrote:lol, 11:03, please tell me you are joking.
No, I've done this for 20 years and some of the money has gone towards my downpayment for my house, my first few mortgage payments, extensive home repairs (like gutting the whole first floor and putting a new roof) and is now accumulating for my retirement. Some of it is Apple, which had a good run and is winding down slowly. I have a net gain every year, including during the recession. Successfully weathered a few crises, so I'm not worried.
Anonymous
10/07/2013 14:16
Subject: Are you moving your savings or retirement to cash because of the default-risk?
I'm leaving my $$ in the high risk domestic stocks too.
Anonymous
10/07/2013 11:25
Subject: Are you moving your savings or retirement to cash because of the default-risk?
lol, 11:03, please tell me you are joking.
Anonymous
10/07/2013 11:05
Subject: Re:Are you moving your savings or retirement to cash because of the default-risk?
Anonymous
10/07/2013 11:03
Subject: Are you moving your savings or retirement to cash because of the default-risk?
I have everything in high-risk technology stocks, and I'm not moving anything for now. Just not buying anything new. There may be some instability in the coming days or weeks, but the market will recover.
Anonymous
10/07/2013 10:49
Subject: Are you moving your savings or retirement to cash because of the default-risk?
Doesn't matter. Default is completely unprecedented and unpredictable. Liquor is good to have. Can enjoy once this blow over but can use as a tradable good and antiseptic if worst fears realized.
Anonymous
10/07/2013 10:48
Subject: Are you moving your savings or retirement to cash because of the default-risk?
I can't even touch my retirement. The "safest" options are bond funds. Just wondering what other risk-averse folks are doing.