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I'm liquidating my stocks and going to cash
invite response
2019 Mar 28, 10:56am 5,303 views 73 comments
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65
Goran_K
2019 Apr 9, 2:13pm
Goran_K
2019 Apr 9, 2:13pm
Didn't Iwog do this and basically throw 125% of his potential net worth into a fire?
66
clambo
2019 Apr 9, 2:43pm
On principle I will never, ever, lend my money to a bank in return for lousy low interest and "safety".
67
Heraclitusstudent
2019 Apr 9, 2:58pm
Heraclitusstudent
2019 Apr 9, 2:58pm
Goran_K says
Watch me do the same!
Didn't Iwog do this and basically throw 125% of his potential net worth into a fire?
Watch me do the same!
68
Misc
2019 Apr 9, 4:47pm
Yes, that's what America needs is more mutual funds especially index funds. There are now more index funds than there are stocks traded on the NYSE. You'd figure that people would figure out that there is a scam going on when Fidelity came out with index funds that charge no management fees. I figured that "zero bound" would last about a month and I was right. Now there is an EFT that has a negative expense ratio. Definitely the time to invest in stocks is here.
69
just_passing_through
2019 Apr 9, 9:31pm
just_passing_through
2019 Apr 9, 9:31pm
zzyzzx says
Do they have penalties? I just move money to Ally bank which has 2.3% 11month no withdrawal penalty.
Capital One is 2.7%, Discover is 2.65%
Do they have penalties? I just move money to Ally bank which has 2.3% 11month no withdrawal penalty.
70
CBOEtrader
2019 Apr 10, 3:30am
CBOEtrader
2019 Apr 10, 3:30am
Heraclitusstudent says
I'm not questioning the logic, just the timing.
I'd wait to see cracks in the dam, hopefully selling 12% or so from the top.
Goran_K saysDidn't Iwog do this and basically throw 125% of his potential net worth into a fire?
Watch me do the same!
I'm not questioning the logic, just the timing.
I'd wait to see cracks in the dam, hopefully selling 12% or so from the top.
71
BayArea
2019 Apr 10, 6:05am
BayArea
2019 Apr 10, 6:05am
The likelihood that you’ll time exit and rentry correctly isn’t in your favor.
72
Heraclitusstudent
2019 Apr 10, 10:01am
Heraclitusstudent
2019 Apr 10, 10:01am
CBOEtrader says
By the time you see the cracks clearly, the market will already have dived.
The timing is a crap shoot.
But a decision needs to be made.
"There is a tide in the affairs of men.
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries."
For the record: Brutus got beaten and committed suicide after making that decision.
I'm not questioning the logic, just the timing.
I'd wait to see cracks in the dam, hopefully selling 12% or so from the top.
By the time you see the cracks clearly, the market will already have dived.
The timing is a crap shoot.
But a decision needs to be made.
"There is a tide in the affairs of men.
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries."
For the record: Brutus got beaten and committed suicide after making that decision.
73
Goran_K
2019 Apr 10, 10:14am
Goran_K
2019 Apr 10, 10:14am
Heraclitusstudent says
Why? Are you making a big purchase or do you actually think the market is going to crash like Iwog did?
Watch me do the same!
Why? Are you making a big purchase or do you actually think the market is going to crash like Iwog did?
« First « Previous Comments 64 - 73 of 73 Search these comments
I think the best we can hope at this point is 1 year of slow growth and a volatile market before some kind of recession.