
12-16-2022, 09:20 AM
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Senior Member
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Join Date: May 2020
Location: Village of Sunset Pointe
Posts: 497
Thanks: 77
Thanked 160 Times in 96 Posts
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Quote:
Originally Posted by manaboutown
Throughout May and now into June after receiving a large chunk of change from the sale of a commercial real estate property at the end of March I have been dipping my toe into the water so to speak, buying a little of this here and a smidgeon of that there. I am in no rush to dive in. On one hand if the market turns up I do not want to be left behind; on the other hand if it dives further I don't want to have placed too much in it. Rising interest rates and a recession seem to be on the near horizon but Mr. Market appears to be oblivious.
Anyone have any thoughts about taking action on the buy or sell side at this time and if so on which sectors?
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I'm 76 & decided to preserve money. I sold everything and went into laddered CD's.
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