If you are worried about the stock market now, you have not been adequately conservative or diversitified. 30 percent stocks, 30 percent bonds, 40 percent cash, regardless of your age. If you have done that forever, you would be way ahead and not be worried at all.

Rocking chair quarterbacks!! OOPS wrong chair.
Rocking chair Financial Advisors.

No worry for me, I got out of the Ponzi scheme long ago. Wall Streeter’s inside trader’s will use any excuse to cause market to drop, then they can buy low and all us suckers caught in down side.

You mean the tax cheat that pays less taxes than his secretary

Not only is your statement false (he pays a LOT more money in taxes), methinks you need to educate yourself on the difference between a tax "cheat/evasion"...and tax "avoidance." :oops:

Hint: One is illegal...the other very legal. :ohdear:

Buffett has stated for years, that he doesn't think it's right that his tax rate (NOT taxes paid, as in your statement)...is lower than his secretary's.

In fact...

Warren Buffett on Tax Reform -- The Motley Fool

You keep insisting on TRUTH, you will ruin a lot of people's 2019. Then you probably don't use for reference what some do.

Reminder...please stay on topic..."stock market volatility"

Moderator

I think the last two posts were in reply to post 18, which appears to have passed muster, but was untrue.

You are correct that post took this thread off subject.

Just curious, how has that 40% cash position worked out over the last 10 years?

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Without a cash position how does one buy when it is a "buying opportunity"?

I love that saying "buying opportunity". Wall Street jargon for lipstick on a pig.

I had a nice positions in good yielding corporate bonds and preferreds. Slowly but surely they were all called. New bonds were so far over par that the yield was like a CD. That forced me more into equities which have paid off 8 out of 10 years.

Sold an amount a few months ago that that I figured was equal to the Trump bump. Put that recently into a one year 2.75 % CD. Wii be anxious to hear what my financial advisor has to say about 2019 during my upcoming review.




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The market losses are reminiscent of the Great Recession only faster. Stay fully invested and make no withdrawals and in a few years your account should be back to normal. For those of us taking mandatory RMDs from our IRAs the value losses will be even greater.
Hope you youngsters get the message on the downside of conventional IRA vs Roth.

Just a "glitch"

The Bigger the dip, The Bigger the bounce.

Love it - providing you were not in for the dip. Amazingly I do not have an acquaintance that lost money on the way down. BUT I never had an advisor that told be to get out. This is no more than a giant legalized game of musical chairs. When the music stops and you are not in a chair you will be the ultimate loser.