Quote:
Originally Posted by tovliteuser
If your non-investment income covers all the bills, why are you even considering doing this? Leave it alone. How many times have we seen the market go through ups and downs? Stop worrying. Turn off the Bloomberg channel. The market will come back. Always has, always will. And the biggest losers will be those that went to fixed income for a little "peace of mind".
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The problem for some people or people with some unexpected bills like residents hit with hurricane Ian or big medical bills.......is that they MAY have to sell their equities. Then they are in the BAD economic situation of having bought HIGH originally and NOW having to sell LOW. Many people get burnt in the stock market by buying high, and selling low. NO one likes to admit to it ........yet it happens !!!!!!!