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10-19-2021, 01:25 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
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Quote:
Originally Posted by lkagele
And they missed out on the wildest bull market ride in history. The Dow fell from 18,000 to 9,100 due to the recession. Investors that stayed in or got back in after the Dow bottomed have seen the Dow go from 9,100 to over 35,000. Mostly fueled by the Federal Reserve monetary policy so I'm sure everything is under control......
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I agree.
Back in the early seventies I had a wise boss who when the market sank advised me to invest. I had only a few spare dollars but I did so. I am very grateful to him.
Also I hung on in 2006, took on new positions and added to what I had. It has paid off big time.
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