kinda on topic. I did not want to miss this 'downturn'. I have had a relatively large (for me) sum of liquid $$$ in Synchrony Bank, for emergencies, easy to access $$$ if cash if required. A week ago I decided getting (now) 1.8% was unwise considering the potential of great returns in the Market, eventually.
Contacted my investment guy - we invested 30% of that cash into American funds, Growth Fund and Small Cap World Fund. Both should provide a great return WHEN the Market makes the vertical move. Bought when the Dow was about 20,600. I will probably do the same $$$ move next week.
Little doubt the US Market will skyrocket later this year (if not earlier) - we may be back at 29,000 Dow in a year.
It's 'my kid's' money anyway... you know...
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I have CDO. It's like OCD but all the letters are in alphabetical order - AS THEY SHOULD BE.
"Yesterday Belongs to History, Tomorrow Belongs to God, Today Belongs to Me"
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