Talk of The Villages Florida - View Single Post - Anyone else preparing for a big selloff?
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Old 02-23-2025, 10:25 AM
Boomer Boomer is offline
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As Dorothy Parker said each time her doorbell or phone rang, “What fresh hell is this?”

I quote Dorothy on a regular basis these days as we are now in seriously uncharted waters, getting farther from the shore.

I am a buy and holder of stocks but also have been parking cash in a government money market fund and have been glad to see some sideline interest on that. (Yes. I know it is taxed differently from cap gains and dividends, but even so, a little return on cash has been better than nothing.)

But I gotta tellya, I now am beginning to have concerns because I do not want to look in someday to check accounts and find my MM account with its treasuries, etc., has been magically turned into Bitcoin or its ilk…….

Hyperbole? Maybe. Maybe not.

Those of us who were little kids in the days of the original “Mickey Mouse Club” on television should remember how each day of the week had a different theme. Well, my fellow boomers, every day is now “Anything Can Happen Day.”

Boomer
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Last edited by Boomer; 02-23-2025 at 10:36 AM.